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...and they are now showing their true colours ?

LOL...that's quality ;)

Poor old Portsmouth - lame horse i think lol

That's a presumption some existed beforehand lol ;)

IIRC, It's the leasehold that is ACL's asset, not the freehold

IHMO, it's a very divisive poll, as most will answer that they love CCFC, for fear of being labelled disloyal if they don't. I really cant see why it has to be public, unless the intent was to stir things up and split fans even more than they are now...is that really an intelligent thing to do ...

Won't the 10pt deduction not be taken off us this year though ? I thought the rules were there to stop any club gaining an advantage regarding the timing of an administration.

Nothing is 100% certain in business, so everything is a gamble. As ACL is a profitable company, ACL will pay out dividends to its shareholders ie Cov CC and Higgs Charity, once the mortgage is paid off. Hardly worthless

ACL's asset was the 50 year lease on the Ricoh and the Higgs Charity is a 50% shareholder in ACL. It was always intended that this arrangement was short term, to help CCFC out, and that CCFC would buy this back sooner rather than later. SISU have chosen not to buy it in the usual way, instead...

Strange, because i read it as ACL benefited from £1m of Olympic related infrastructure improvements, and not £1m income

Surely the administration fees will be more than 200k though...they're certainly not cheap

We have our wonderful leaders SISU to thank for that

Certainly...is that a fact ?

Hmmmm....not a single moan about the rent - how odd ;)

Joy invested nothing...it was SISU's investors that she has wasted the money of IIRC ACL has made a profit every year it has traded...unlike CCFC under SISU control...it begs the question - which company has amateurish management eg Ken Dulieu, Onye Igwe etc ?

2 threads Liam ?

A statement which says nothing. Really...what was the point ? He claims they'd already prepared for this move by ACL, so how come the statement is so devoid of any action plan ?

Yes, radical solution SISU...pay the debt

Even if ACL did give SISU the match day revenue for free, we would still not be a viable club, and we'd continue to make losses. Our wage bill is way too high-that is the big problem, and that is 100% under SISU's control.