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  1. Paxman II

    "administrations not a bad thing"

    More complex SBS because the company in admin is only half the story....the one apparently with the golden share but not the one running the football club solvent which SISU continue to do "business as usual" end quote.
  2. Paxman II

    Stuart Linnell should be sacked

    remember too a lease is re negotiable too at any time by consent. It could be extended after 20 years and a new higher premium set. So after 20 years it's now 79 year lease but an extension could put it back to 99 or even increase it. You sell a lease like this for plenty of money with an...
  3. Paxman II

    Councillor Kevin Maton

    A 99 year lease is more than a lifetime. It's as long as since the Titanic sunk almost! Council get a premium maybe £35 - £40m covering more than the cost put in and paying off ACL's loans and dismantling that company for good. Now CCFC get the Ricoh and say 50% the land development rights and...
  4. Paxman II

    Councillor Kevin Maton

    No it doesn't. A long 99 year transferable lease is the next best thing to freehold! You can't use the bricks and mortar to raise capital so there is a layer of protection there also. They can raise against their lease value but not without Council (the freeholders consent) or that can be can be...
  5. Paxman II

    Councillor Kevin Maton

    A lease of the stadium to the owners of CCFC (whoever they be) for 99 years. That is way different to having a council shared ACL/Charity as leaseholders. Currently it's ACL that holds the sway over the Ricoh and all it's revenue streams generated and furthermore from the tenants that it...
  6. Paxman II

    Councillor Kevin Maton

    Jan, buying into the current unworkable ACL model is not going to solve anything. The club needs the stadium. As I said above a lease is the obvious choice. A lease is transferable meaning a saleable asset. New investors/owners would come flocking.
  7. Paxman II

    Councillor Kevin Maton

    I think the sticking point is why should the council hand over an asset they built to completion and rescued to a private company for free? Can't argue with that. But....and there is a but. There are enough arguments about who put what in at the beginning and the football club have...
  8. Paxman II

    Stuart Linnell should be sacked

    Why am I not surprised? Pgsm post regular on here and I enjoy reading his nonsense. He clearly can't string sentences together very well and grammatically he is all over the place, suggesting he lacks intelligence. Controversial comes to mind. As seen in snippets of his post above, he attacks...
  9. Paxman II

    A new low

    ...I say a lot of things to my wife and I don't mean it. ;)
  10. Paxman II

    Coventry vs Doncaster match thread

    Just 4 points behind Tranmere in the playoffs as it stands now, who are struggling for form. Oh wait....we've been docked 10 points. :facepalm:
  11. Paxman II

    Coventry vs Doncaster match thread

    It's Easter and I can't be there but I'm listening and trying to figure out the formation?
  12. Paxman II

    Fans who called for admin

    Some keep repeating we are better taking the -10 now to avoid possibly bigger sanctions at the start of next season. This astounds me. I think some on here are wrapped up in all this so much they have forgotten the facts. If admin was not a forced issue brought about by ACL's actions, then...
  13. Paxman II

    A new low

    There is no evidence that any formal 'threat' about liquidation had been forthcoming. ACL it could be argued over reacted if they are saying that's why they took such action of petitioning the court, based on hearsay. I actually believe naively ACL thought that such action would make SISU pay up...
  14. Paxman II

    Ten Points Deduction: Club Statement

    psgm I don't defend SISU in all this and I don't defend ACL either. They are both culpable. But you need to take away your empathy and sentiment for the football club for a moment and base you reasoning on the legal arguments. Like SISU or not would you stand by and allow ACL to try and...
  15. Paxman II

    Full house tomorrow

    There are two threads similar going on here.....I think they are extricable linked! ;)
  16. Paxman II

    Full house tomorrow

    Where are the players registrations? That is as crucial as the golden share. At the end of the day I see a bigger mess getting bigger all the time with no clear end game in sight just the greed of all sides lurking over us like vultures trying to pry away their piece of meat for themselves. I...
  17. Paxman II

    Ten Points Deduction: Club Statement

    When this process started by ACL they were definitely not scuppered and frankly still an outside chance. (Though not now of course unless the league are forced to reverse the action)
  18. Paxman II

    Ten Points Deduction: Club Statement

    I wait to see the statement from the football league as to the basis of the points deduction. Is it for the reason the two companies (Holdings and Ltd) are extricable linked? OR because crucially the 'Golden Share' lies with CCFC Ltd? Sounds like SISU still debate this issue. The Operators of...
  19. Paxman II

    Where' Joe, hoffman, haskell?

    silence is golden....oops that's a naughty word :claping hands:
  20. Paxman II

    Why are the FL taking so long?

    I think skyblueswiss you are attempting to equate a Ponzi scam to a hedge fund well represented by a lot on investors who have been satisfied with their investments? It's a bit reaching to try and explain where you are coming from. As for a Ponzi scheme well there will always be gullible ones...
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