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To be fair you've missed a couple more facts off there. Firstly that it was a contractual agreement to pay this amount of rent (appreciate this was before susu controlled the club) after the council and trust bailed us out. Secondly, sisu would have known about the agreement yet didnt do...

Awesome performance. Mental strength was phenomenal !! Fair play Murray. You've done britain (and scotland) proud !!!!

Exactly. Unfortunately barring a couple of periods we've been on the slide since before we moved in. The fan base is there, just worn down by having to watch poor teams and all the off the field shit. A packed Ricoh is a great stadium.

The fact is sisu knew what they were buying when they took on the club (ie club with no stadium). It's been badly mismanaged ever since (whether this has been intentional or not who knows, but I doubt it). They appear to only have ever been in it to get their hands on the ricoh. They haven't...

Morning pwkh. I'm still a little confused about the whole cva situation. The talk is of acls claim being the arrears owed and a years rent. Appreciate you may not be able to divulge confidential information, however, you know my view, acls claim can justifiably be significantly higher than...

One of the most accurate and concise assessments of the current situation I have seen. I cannot see how this move benefits CCFC or its supporters at all. The reasons/justifications for all of the actions just dont add up. All they appear to suggest to me is that SISU were only ever interested...

Agree with what you say. A lot of their word/actions dont add up. The all important revenue from burgers and beers is significantly less than the impact of the reduced revenue from a lower crowd in the short term (at another ground) and longer term (as we may well end up in a lower league)...

Not sure who said it but of course losing 4k of supporters is going to hit the club. Thats probably £1m-£1.5m+ a year for however many years whilst a new stadium is being built ?! With FFP now in force, that will impact the club significantly, far more so than not getting the revenue stream from...

The club signed up to a very long lease. Unless there are break clauses it is possible to claim a substantial amount of the remaining term if it is believe it would remain vacant (subject to discounts) The difficulty with a standium is knowing who and how the club can be replaced as a tenant...

The principle you quote is 100% correct in terms of mitigating the claim and works well in practice with standard tenanted properties, however, ACL will never get someone in at 1.2m per annum for the remaining term of the lease (I'm not even sure they will ever replace having the club there). On...

Im still struggling to see how accepting a sisu related bid after they have indicated they will never return to the Ricoh, which potentially increases creditor claims (acls claim for future unpaid rent in respect of the long lease that has been breached) by 10's of millions is 'acting in the...

And what about the people who ran the multi billion pound banks ?! They knew what they were doing !!! People like OSB have no vested interest and have provided a factual account of the situation. Sisu will always present information in a way that best suits them. I think it's right that this...

This is most probably based on the statement of affairs which is prepared by...you guessed it...the accountancy genius' that are the directors (former) of ccfc ! The real value of the claim will have to be determined. I can assure you that unless whoever buys the club returns to the Ricoh and...

Its correct. They have to mitigate, however, I believe a good starting point would be the revised terms they offered SISU ie £400k rather than £1.2m. Thats £800k less than the original terms of the lease. Over X years (isnt it a 99 year lease ?!) could be very significant. The fact is if SISU...

If they move out of the Ricoh there is no way they can afford to pay all of the third party creditors in full. Unless I am missed something Acl could be owed millions or tens of millions in lost future rent which they were due under the current 99 year lease.

I get that impression too but who knows. If true there are number of issues, especially as the transfer was to a connected party and there were external liabilities in limited (ie acl). What consideration was paid ie was it a potential transaction at undervalue would be my first question. I...

Yes. It can't be a paper transaction. The administrator needs his fees and costs paid. In addition approx 20% of any floating charge realisations (ie monies that would go to arvo) have to be paid to unsecured creditors. As I've said many times before I am still to be convinced at the level...

I've not read the report so can't comment. How long have the player contracts been in holdings ? There may be a legal argument but how much do sisu have to throw at this ? Beneficial ownership is a tricky one to prove and as I've alluded to a lot will come down to timings. If sisu lost...

I've not read all comments however 'Current' player registrations are in the name of holdings - as someone asks earlier, is this just since last summer ? This might be a breach of FL rules. If any were moved or whether holdings should have the ability to register players in their name is...

I wouldnt treat them even if they were the only people in the hospital. And to think we still can't deport someone like Abu qatada who incites violence like this ! Its disgusting. We should ignore the appeal judges and drop the guy out of a plane over Jordan.