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We can't change what they did... that is why it is history. We can still moan about it though....

Fact is, SISU could have blamed their predecessors in the first years of their tenure, but the mess we now have is SISU's responsibility. They have had years to correct mistakes of their predecessors and if the mistakes are only now being corrected or haven't yet been corrected - then that is...

The third parties that I don't care about are, Cayman Isles Investors, SISU Capital Investors, Joy's friends, Joy's family and Joy's personal earnings. The third parties that CCFC have to live with as long as they are known as "Coventry City", are the fans, the landlords, the council and, for...

I realise that taking the lease value minus 2 per cent depreciation per annum on the lease cannot portray the real value. The real value changes constantly e.g. with more income from the olympics, less when the anchor tennant goes. As I unterstand it, the stadium management company can only...

Best post you ever made.

Don't get it. I agreed once in my life with a poster called Dadgad on one point and now he's my chum. That means you're a worm? What are you drinking tonight... JD?

No. I live in Germany. Would the bad news be that we are playing in Northampton? I noticed that on my last visit. Got my car hand washed though. Pity City lost. Or maybe that our owners are at war with our council? I noticed that as well.

The Email was referring to something that didn't happen in the end. So, naughty but irrelevant. SISU are a Hedge fund or maybe now a private equity fund ( more long term ). They want a return on investment - as oposed e.g. to the charity who want to improve conditions in Coventry( Job creation...

By the way, I have flats in Germany and the tax man calculates depreciation at 2 per cent. It may be too much or too little, but it would be too complicated and expensive to constantly revalue.

I suspect they cost a fortune because, in this case, there are too many variables and no direct comparisons. They will all be different and at the end of the day the parties will have to justify their actions ( buy or sell ). That's why I go for the paper value. It may turn out wrong either way...

Yes I agree. The Club was formed to acheive sporting success. Now it is an asset for Cayman Isles tax avoiders to make money from. Grendel has, unfortunately, nailed his flag to the wrong mast. Pity.

Any commissioned valuation will go the way of the person commissioning it. I stick with my point. The Higgs share was bought for 6,5 m. That is fact. Since then it depreciates on paper at 2 per cent. Also fact. Take the paper value as the price - fair to both sides and in line with the deal that...

Even if they loathe the football club, which I doubt, it is SISU that are guiding CCFC to be flushed down the toilet. No-one else. They make the decisions and must carry the can. I hope you made that clear at your meeting with ML.

Joy said she wouldn't "do a charity down" and we know that she is a devout Christian, but that aside, the point is you cannot make a valuation. If it were a house, you could compare with other houses in the area or if it were an industrial building you could compare with other like buildings...

I didn't know that they had a valuation saying ACL was worthless. Deering said that SISU valued the ACL share at 0.00 ( :-) ), but Joy was prepared to pay 2 million as Higgs is a charity. The valuation, whether serious or not, cannot be used in court because it was made at a different time to...

Yes, quite right. It was a suggestion that never took place. ML's on the other hand is in full swing against ACL, Higgs and CCC.

Yes, you are right. They threatened to damage YB's reputation not SISU's. SISU are doing just fine on their own thank you. Did not Joy threaten to tie the council in expensive and time consuming litigation? Is she just doing that to carry out her threat and show what she can do? More to the...

Yes, but.... I said it needed SISU to drop the JR and affirm their willingness to negotiate a way out of this impasse. If they did that and the council refused to negotiate, then I would be with you. Your answer was "it happened" you're with me then. Apparently nothing happened. They ( SISU )...

What would it bring? I think it is more important to move forward. The JR is running into a dead end and there are no negotiations going on. An enquiry would further hamper any chance of negotiations starting. Someone has to break the impasse. Everyone thought it would be the JR, but looking at...

ACL don't like or trust SISU. According to the court documents CCC wanted to "persuade" SISU to sell up and if that didn't work, to continue negotiating with them. They went behind SISU's back, as did SISU go behind Higgs' back previously. Naughty, but not unlawful. The solution game is easy...