@TheSimonGilbert: Council QC says Sisu have taken blinkered approach. Ignored other ACL revenue streams and a potential return to the Ricoh to play in Nham
@TheSimonGilbert: Coun QC justifies length of £14.4m Council/ACL loan by saying council will earn £19.4m in interest alone over the 40 year term of the lease.
@TheSimonGilbert: Coun QC says council loan to ACL didn't put club in admin, the decision to stop paying the Ricoh rent, when Ms Seppala stepped in, did.
@TheSimonGilbert: Coun QC refers to Higgs case & says that showed Sisu had no interest in bank debt as of August '12 so Sisu not realistic option for council
@TheSimonGilbert: 400k per year Ricoh rent deal was verbally agreed in January 2013. Coun QC says it didn't happen because Joy Sepalla "wouldn't have it"