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I'd usually agree, but I think in this case both sides have access to sufficient funds and have enough to lose that they'll exhaust all legal avenues before giving up. I suspect, and again this is just my opinion, that the only way to short-circuit all this would be an offer to SISU to buy them...

Absolutely wingy, although I think if SISU lose the bidding process then they'll be more than prepared to drag administration out and walk it through the courts. I suppose that figures. If you were (say) £30m in the hole, then another few hundred thousand on court costs might be tempting...

I think ACL's recent offer to let CCFC Ltd play free at the Ricoh whilst in Administration, and TF's absolute insistence that the only way forward for the club is for CFFC Ltd to exit Admin as quickly as possible, gives a clue as to where all this is going. Fisher and SISU will clearly only...

Andy, if your close family friend ever gives you a tip for a horse, my advice would be don't back it. ;)

Hi Stuart. First off, fair play to you for coming on here to engage with us. I've got to say though, that like others, I thought Fisher got a relatively easy ride on some of the trickier questions. Saying that it's a 'complex' or it's 'a mess' isn't going to cut it. SISU are claiming that a...

Personally I think you've done terrific work, osb, and it's just a pity that Fisher was once again allowed to sidestep the key questions. It really frustrates me that SISU and the present and former directors aren't being properly challenged on their running of CCFC Ltd. CWR and the CET should...

Andy, I'm afraid you keep repeating the same mistakes: If you're talking about F & B revenue, it's not the Council it's Compass. If you're talking about the rent, it's not the Council, it's ACL. And it's not £1.2m, it's £400k (or could have been). If you're talking about SISUs investment...

If ACL were planning to distress CCFC why did they negotiate a rent decrease?

The quote just said CCFC Ltd. If SISU win the bid I presume it would be hard to back track, but maybe it would force them to honouring future agreements. Never a dull day with CCFC. (Ltd).

Just on CWR - ACL offer to let CCFC Ltd play for free for one season.

Must confess that I didn't see that one coming. I wouldn't be much behind ACL running the club in the long term, but it's hard to see how they could do a worse job than SISU (who have somehow managed to load £60m of debts onto a non-trading subsiduary). I would imagine the strategy is to...

I'm sorry, but that's simply not true. £1.2m was a pretty fair rent considering the cost of the stadium build. And the club could have had a deal where they paid more in the Prem, but less in lower divisions, but decided not to. Also there was a agreement on the able for £400k don't forget...

Nope - without the Council the Ricoh wouldn't have been sitting half-built, it just wouldn't have been built at all. The area might have been redeveloped, eventually, but there wouldn't have been any obligation on the developers to put a football stadium there. "Us mugs" contributed 2m to the...

If it works that way, then I reckon it's good news. And on that happy thought, I'm calling it a night. Cheers. :)

On the off chance that the clown in the hat isn't some sort of smiley representing bitter irony, I'll explain... It would worry me because it might leave CCFC in the hands of the same buffoons who have brought the club to the verge of extinction. That is the same people whose best plan for...

Something that worries me in all this is that the administrator seems to have listed ACL's claim against CCFC Ltd as £636,000. (I've abstracted a bit of the Administrator's report, the final appendix, attached). That makes it a bit tricky when it comes to creditor voting, if votes are cast on...

I'm sure we've done all this before, but here goes... The council put in £10m and have now backed the mortgage to the tune of £14m. At the time when the proposal to help build the Arena was first voted on by Cov CC (and it only just scraped through as I recall), the sum discussed as a Council...

Fwiw, I think the way that it will end us that SISU will do a deal to sell Holdings & Ltd to one of the proposed investors for an undisclosed sum. I reckon 5 -10m cold hard cash would encourage them to cut their losses and run. Despite TF's pronouncements it's hard to see SISU in this for the...

It's a good analysis, and a potentially worrying outcome. I think the two things that might stand against it in this case are whether that would be subject to challenge in court by ACL as unfairly prejudiced against them, and how the league would regard CCFC Ltd being liquidated. If the FL see...

This is the bit that confuses me. As I understand it, the administrator's duty is to try to keep the company running as a going concern, if possible. I can't see how he can do that if he allows CCFC Ltd to be liquidated when there are (supposedly) other offers on the table. If Ltd isn't...