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I've got to admire someone who does the maths ;) but I'm still not sure I understand how you've come to a valuation of ACL of £6m. Perhaps it's because I haven't grasped what you mean by net assets. My understanding is that is the what the company could pay the shareholders after all of its...

Erm... because when the club buys their share of ACL, they'll get a share of the profits that the investment will realise? The club could have built their own stadium of course, just for football. Except at the time they were completely broke and about to be homeless, and had to get the Council...

If your moral compass only points in the direction of the club, and completely disregards the money that the Higgs Charity and Coventry tax payers would lose if they just handed ACL over to SISU, then I think the needle is bent, or possibly stuck. And if ACL has been hugely overcharging the...

Outstanding bit of work - that must have taken some time! I suspect it will take more time to read than some here would wish, but it's a big, complex issue. If there's one thing to take out of it, it's that the £60m figure bandied around is very, very suspect. Many thanks :)

That's because they don't use much petrol when you've got to push them everywhere. ;) Could always tell when a Talbot was coming, you could hear the tappets from 200 yards. :D

(My reply to the trust, YES/NO email was this, fwiw). Politely, can I suggest that we should be a little more subtle than that. If Mr Fisher would like the Trust's help in temporarily moving out of the City, then I think he needs to be completely open about his plans for returning to it. We...

I'm just trying to get my head around this. If I've got it right, SISU are suggesting that CCC were prepared to enter into a conspiracy with them, to falsely lower the value of ACL to Yorkshire Bank, by withholding rent by secret agreement. On this basis SISU think the mortgage could have been...

Hasn't got that far yet - first step is that a judge decides whether there's even a case to answer: http://www.coventrytelegraph.net/news/coventry-news/2013/04/23/exclusive-sky-blues-take-council-to-high-court-92746-33218950/ I'm not sure when that first stage happens, but I think it's usually...

Erm... just to be clear, the Council haven't actually got to court yet. These papers (which are public record, so no great secrets to get sacked over) relate to an application for judicial review - only if that application is successful will there be a case to answer. Even then, what if it...

I take your point, but couldn't you make the argument that if they were that passionate about the club surviving they'd be up there supporting them, like the rest of us daft b*ggers? ;) And even if they didn't want to actually attend, do you think they'd be happy to allow the club to draw on...

I'm a supporter and I wouldn't be happy with this outcome. Far from it. That would mean that public money (and that of a charity) would have been utterly wasted in supporting a profligate and staggeringly badly run business. There's a way forward in this, but it means that SISU will have...

I take the point, but if the club (or at least the playing part of it) is in administration, and the owners have managed to place us under a transfer embargo for the last three seasons*, then I don't think we can really claim to be the 'best funded' team in the division. If we are then we're in...

Total respect to SkyBlue57, who joined the trust despite disagreeing with some of the things he thinks they stand for. That's about a thousand times better in my book than calling someone you've probably never met, and can hardly be bothered to listen to, a "self-serving parasite". As for the...

Ah, one day we'll look back on all this and laugh. Let's just hope we're not stood next to each other in the away end at Bedworth when that day comes, or it may all have gone horribly wrong. ;)

I thought Coventry City was a host of companies! ;)

C'mon mate - always enjoy your banter, but there's a world of difference between ACL (who have a public structure and clear records regarding who owns what), and SISU, Arvo, Otium EG etc. who have multiple layered companies, some based offshore, and manage funds for which there is no clear...

Don't want to shoot this down, but as I remember Bob Ainsworth quit twitter a good while back. He tended to get into some fairly heated arguments, not least with Les Reid of the CET (@Lesreidpolitics ).

Not quite sure where you got the 50 miles from, but the regulations around ground sharing are here: http://www.football-league.co.uk/regulations/20120702/section-4-clubs_2293633_2125725 I suspect the key clause is "13.7.3 (ground sharing might be permitted if it) would not adversely affect...

In a nutshell I think Bob said something like this (I'm doing this from memory, so am happy to be corrected!): FL had told him that Golden Share was in the name of CCFC Ltd. FL also told him that club would not be allowed to move outside of the City unless there was a clear plan in place, that...

OK, here you go: From here, http://news.bbc.co.uk/1/hi/england/coventry_warwickshire/3160822.stm - £21m to guarantee the loan. Plus £10m dropped into the project directly, shown in the report that you mention. So at some point in time, £21m to £31m of Council money tied to the Arena...