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  1. M

    New David Conn article

    I don't think people would necessarily refuse on principle. Just couldn't be arsed after all that has gone on and go do something else on a Saturday. The stadium ( if it ever takes place ) won't be finished for years. In the meantime we plod along as tenants of a rugby club in the lower leagues...
  2. M

    New David Conn article

    I agree with a lot of what he said. Neutrals are more interested to see how the Wasps move went. Wasps did the pr, sold their idea to 28000 paying and freebie customers. People had a good day out. I have seen the pictures... It looked great - yes, it should have been us - but we are building our...
  3. M

    New David Conn article

    Balanced enough to say I can understand Wasps nipping into the Ricoh in their situation - don't like it, but blame SISU for not making an offer or trying to rebuild relationships ( e.g. By dropping the JR ) and I can equally say, I can understand, that if - if- it is not possible to get a decent...
  4. M

    New David Conn article

    No, you don't, but apparently you like telling others how to do it. Maybe if you came across as more balanced, you could get elected and save us from teams that own stadiums in other people's towns.
  5. M

    New David Conn article

    Could you see my ip from Saturday? I said "viewed" I reckon I meant " browsed " if that counts.
  6. M

    New David Conn article

    Only Grimsby is called "town" the others don't pretend to be "city" or "town"
  7. M

    New David Conn article

    Like yourself of course.
  8. M

    Fugazi

    my debt repayments are budgeted in, but I would rather have the cash instead of paying the debts..
  9. M

    Fugazi

    Yes.
  10. M

    Fugazi

    No, the inland revenue is obsessed with me at the moment. For months I've been fighting off these arguments e.g. Purchasing a loss making business off myself and making it profitable... The difference being that if I fuck up with them, I get an assessment for thousands. Here, it's well ok then...
  11. M

    Fugazi

    ok they have paid 5,5 and ACL will pay 13,5. Wasps own ACL. So wasps pay 5,5 in cash and their subsidiary pays 13,5 out of their profits. Total 19m over 20years. Only 5,5 in cash, but the 13,5 would have gone into ACLs pockets as profit - had they not had to pay it to CCC One way or another CCC...
  12. M

    Fugazi

    1. No. The deal has been finalised. 2. Wasps have bought ACL who own a lease. They have paid part up front and the rest over 20 years. Total 19 m. They have bought one object - ACL.
  13. M

    Fugazi

    I know how my house purchase price is calculated and taxed - although I paid nothing up front. I know how my land rover car is leased and taxed on the purchase price - although I pay nothing up front on my lease. I would like OSB to explain how the purchase price is calculated for tax purposes...
  14. M

    Fugazi

    You bought the flat for 130k. Done. I won't sell you my car. You are in effect offering to buy my car for 5k less than it is worth. What has that got to do with my house? Or do you want me to reduce my house price by 5k? Either way I ain't selling my car or house for 5k less than its worth. If I...
  15. M

    Fugazi

    If it is new or old it has to be repaid and is a liability. The contract will name the liability price as a part of the purchase price. How do you explain the liability on your balance otherwise?
  16. M

    Fugazi

    They would have to take on the liabilities as SISU did when they bought CCFC, that is the real purchase price. I bought for a quid - is simply not true. Go offer a quid to SISU. I think you'll find you have to pay the liabilities whether you can afford to in your monthly budget or not. If SISU...
  17. M

    Fugazi

    I am not defending wasps. The loan was in place and has to be repaid as a part of the purchase price. If the loan wasn't there they would have to pay the equivalent of the loan up front. If it is true that ACL is profitable enough to finance the team and repay the loan in the amount budgeted all...
  18. M

    Fugazi

    so? The loan is a liability. It was used together with cash up front to buy the lease. 5,5m + ca 13,5m = 19m ok, so it's paid monthly - actually ACL was previously paying the yb faster than agreed to save interest. Maybe it's a higher monthly payment now as the period is shorter, but it doesn't...
  19. M

    Fugazi

    Yes. Exactly. Purchase price is then cash plus loan = 130,00. Same as ACL, cash plus loan = purchase price.
  20. M

    Fugazi

    There must be a contract between the council and wasps which names the purchase price as the amount in cash plus the value of the outstanding loan on the day the contract was signed. There is no way that the contract is only for the cash part and ACL pay off the loan because there's a standing...
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