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  1. M

    The spin continues

    No, but RFC has vanished up his own arse - FACT! PUSB! IMHO! Steve and the lads..... etc. etc. etc.
  2. M

    The spin continues

    1. you got a "like" off sickboy - says it all 2. I think you are losing your composure. Rated you better than that. 3. Higgs' claim was not covered by the situation of both sides losing their appetite to carry the deal through. This was only ascertained in court when "all" evidence was...
  3. M

    The spin continues

    No. Not by me.
  4. M

    The spin continues

    No the council didn't say that. They don't know what it is worth so in the balance it is nil because it's "worth" balances out against the loan as nil. "Worth ca 14m" - "Loan" ca 14m = Nil. That is only for the balance sheet - not a valuation. SISU's historical valuation was quoted by Deering...
  5. M

    Key points from the final day of the Judicial Review on the offal

    They may be rich now, but every year they get poorer. I don't think that was the plan of the investors. At what stage to they haul Joy before them and ask what's going on. Or do they they just get statements every year showing the interest they have earned - but apparently not received? The...
  6. M

    The spin continues

    except a court case and legal advice.... SISU could have dropped this annoying ( fan and CCC POV ) JR and arranged a meeting. It would have supported SISU's case for an agreement. They didn't - blame lies squarely with SISU as instigators of the JR.
  7. M

    The spin continues

    I agree wholeheartedly with ML that the JR is a distraction - and an annoying one at that. It shows SISU to be a pretty nasty outfit ( e.g. Suggesting liquidation of ACL as a better alternative to the loan which would have lost the charity it's stake ). What I don't understand is why he thinks...
  8. M

    The spin continues

    I don't understand Grendel's fascination with Lucas. He has mentioned her before in sexual inuendos and had ephotos of her available on his computer. I would have thought he would be into Joy.
  9. M

    FA and the escrow account?

    I am not ducking. I don't know how much, but it won't be a meaningful sum. The declared aim of SISU was to get an interest in the stadium. The rent strike was a way of achieving that. A hostile move which CCC thwarted through the loan.
  10. M

    FA and the escrow account?

    Not the point. CCC is not a bank. They are obliged to make a return on taxpayers money, but the reason for the loan is not primarily to make money. They saved ACL from the hostile attack from the "Queen of debt" ( as Joy was once described ) - that was the aim of the loan.
  11. M

    FA and the escrow account?

    The profit on the loan going to CCC is an extra they wouldn't have had if YB had charged the interest. It is not much on a yearly basis and the loan was not made as by a bank - to make a profit, but as a parent company aiding a 50 per cent subsidiary being deliberately distressed by other...
  12. M

    FA and the escrow account?

    Claimed in Court and in the council meetings. They borrowed at one rate and lent at a higher rate. Usually means profit. If the council have lied we can take action. Another JR?
  13. M

    FA and the escrow account?

    No. The alternative would have been no profit whatsoever going to CCC. Obviously a better deal than YB or SISU getting the CCC bit or liquidation.
  14. M

    Judicial review day 3 - judgement day

    Out of interest do you know why Les Reid has gone quiet? The whole thing is a bit strange and started with his interview with Sepella.
  15. M

    Joy Seppela

    That is then her taxable earnings in the UK. No-one knows the income from wealth funds in tax havens. Maybe she has investments in the Cayman Isles....
  16. M

    Judicial review day 3 - judgement day

    How many since the loan? Any lined up?
  17. M

    Judicial review day 3 - judgement day

    Atz least he can't be "misquoted" if he tweets.... although he could say his twitter account has been hacked
  18. M

    Judicial review day 3 - judgement day

    SISU have M.L. for spin and mud slinging. Don't need outside help... ( or maybe would do better with it )...
  19. M

    Judicial review day 3 - judgement day

    clutching at straws to find "the conspiracy"....?
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