Search results

  1. M

    Acl to comment on Ricoh arena position

    Yes it is really that crazy, because the so-called "extreme" rent was agreed long ago and so was not a plan to deliberately distress CCFC in 2012. The expression "paltry" was to counteract "extreme" as neither are true. The rent wasn't "extreme" or "paltry" at 10% of revenue, but became extreme...
  2. M

    Acl to comment on Ricoh arena position

    Leave it out please. They were worried about the whereabouts of their money. The golden share and the player's registrations were the assets covering their unpaid invoices. The "lose the golden share, find the golden share" trick was to break the lease and get out of paying monies owed by SISU -...
  3. M

    Acl to comment on Ricoh arena position

    At what point is the league supposed to exercise "good governance"? If they make public a deal to ease a conflict where they were partly to blame ( the CVA was rejected apparently because of ACL's dissatisfaction with the administration which had seen the sloppiness concerning players...
  4. M

    Acl to comment on Ricoh arena position

    If they were really naughty, they could back date an agreement to include guarantee payments being docked. That would require some front as it would be illegal, but maybe they hope to think up some way round the legality of it, which is why it is taking so long. If the FL cared about fans...
  5. M

    Acl to comment on Ricoh arena position

    Don't know, but I cannot see how a deal is made for 590K, which ML says will be honoured, and then it comes out that an older guarantee is being ( partly ) honoured and thus OEG can change the deal. How? The league stated at the time that ACL was to get 590K. No ifs buts or maybes. ( No...
  6. M

    Acl to comment on Ricoh arena position

    It follows then, that if the main issue is FL acceptance of the guarantee money being part of the deal, the FL just has to show ACL the part of the agreement where it is stated and everything is fine. Why haven't they done that? Why didn't they correct ML when he said SISU would pay what they...
  7. M

    Acl to comment on Ricoh arena position

    The reported deal ( sorry none of us were there, but even ML ( apparently according to reports ) confirmed there was a deal ) was 590K. If ACL receive money from another source it shouldn't count towards that deal - unless the league confirm that it was dependant on other things happening...
  8. M

    Acl to comment on Ricoh arena position

    Back again, work is a disaster tonight. Too cold now. It was too hot....no I didn't turn the chipper off before you go further down that track. Several people have given you links, including quotes from ML the spin master himself ( before they came out with their latest trick ). This is better...
  9. M

    Acl to comment on Ricoh arena position

    No. Not slither, slither. ( BTW in your case it is normally "wriggle, wriggle" when questioned :-) ). It is established fact as statements have been reported many times and never denied. Even ML has confirmed it - now I must get back to work.
  10. M

    Acl to comment on Ricoh arena position

    How was it related to the golden share deal? When they made their guarantees CCFC were not in administration They obviously did not even foresee this situation. The FL did not necessarily even know about the guarantees when they made the deal. They just made ( I am assuming as a reasonabvle...
  11. M

    Acl to comment on Ricoh arena position

    The reported deal is that OEG pay 590K. That is common knowledge and has been quoted enough times. Specific Link: No, I have to go back to work now, but I am sure Simon ( or someone else ) can fill you in on what was reported. If I am wrong, I am sure he will correct me. The only confusion, is...
  12. M

    Acl to comment on Ricoh arena position

    The 300k is nothing to do with the agreement - otherwise the FL would have told us by now and strangely enough it wasn't mentioned by SISU until the deadline was passed ( or maybe just before - I can't remember ). SISU claim to have put the money in escrow - the FL would have had to say...
  13. M

    Acl to comment on Ricoh arena position

    I would guess that they have a bad credit rating, at least with ACL. A prudent business would only deal with them on a cash up front basis. No credit. In this case, ACL seem to be acting as a prudent business.
  14. M

    Acl to comment on Ricoh arena position

    Certainly they won't pay. The only question is, is it due to ML not understanding the banking mechanisms, or has the Football League just got another 500K in a sponsorship deal and this should first be deducted from the 1m.
  15. M

    Acl to comment on Ricoh arena position

    How have ACL had 300K already? The deal is SISU (OEG) pay ACL 590,000 in order to get the golden share. If ACL win the lottery they are still owed 590000. SISU have invented a new reason not to pay money and the FL don't know how to react. They probably didn't foresee this happening.
  16. M

    Acl to comment on Ricoh arena position

    Emotional drivel? OK. Who are members of the FL? Fans or clubs? Have the FL denied that ACL are owed 590000 under the agreement? Do SISU take part in litigation on regular basis? Is the ACL statement hard to take for us? - Basically saying SISU must pay or else, and that there have been no...
  17. M

    Acl to comment on Ricoh arena position

    The football league is an owners club. Nothing to do with fans. They are obliged to look after the interests of the club owners. ACL are an irritant. The fans are causing embarassment and getting the league bad publicity - which could effect sponsorship - so that is the level of FL interest in...
  18. M

    Acl to comment on Ricoh arena position

    SISU says it is in a ring fenced account with the football league (escrow). So the money is there, but SISU won't let the fl release it as they claim the money from McGinnity and Robinson should be deducted from the total. The agreement was 590,000. So what is there to argue about? There were...
  19. M

    What has "Selfishness" got to do with anything?

    Last post was via mobile from the hotel Terrasse....so it was not as bad as sitting ih a room with a keyboard. Anyway, duty calls I have to go to work - selling cold beer ( or rather my staff do that ) at a concert and beer festival in a country with a high percentage of beautiful women (...
Top