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  1. AFCCOVENTRY

    Judicial Review thread

    Surely sisu have something 'new' and 'exclusive' that 'will shock'...??
  2. AFCCOVENTRY

    Judicial Review thread

    @TheSimonGilbert: Court hears Peter KH thought rent was always unaffordable and should have been based on position in league system according to Higgs memo.
  3. AFCCOVENTRY

    Judicial Review thread

    @TheSimonGilbert: Rent was five per cent of the club's turnover at the time of 2012 negotiations court hears from same memo.
  4. AFCCOVENTRY

    Judicial Review thread

    @TheSimonGilbert: Sisu QC claims Sisu was strung along while council negotiated secret deal for ACL bank debt. Similar argument was dismissed in Higgs case.
  5. AFCCOVENTRY

    Judicial Review thread

    Teams preparing for the 2nd half.
  6. AFCCOVENTRY

    Judicial Review thread

    @stevecarpo: More details of the heads of terms that were agreed between the club and ACL are being discussed #SisuvCCC #pusb
  7. AFCCOVENTRY

    Judicial Review thread

    So sisu withheld rent and took the value of acl down from £9m to £6m. Shrewd move sisu. Wonder what the judge thinks to that?
  8. AFCCOVENTRY

    Judicial Review thread

    @TheSimonGilbert: Sisu QC says Higgs charity was advised value of ACL likely £5-6m after club withheld rent.
  9. AFCCOVENTRY

    Judicial Review thread

    @TheSimonGilbert: Sisu QC says if deal for Sisu to buy out ACL debt had been completed, ACL could have charged club lower rent
  10. AFCCOVENTRY

    Judicial Review thread

    Too late sisu...poor due diligence.
  11. AFCCOVENTRY

    Judicial Review thread

    @stevecarpo: CCFC board members discussed the rent being too high just one month after signing the deal #SisuvCCC #skyblues
  12. AFCCOVENTRY

    Judicial Review thread

    They scored some cracking goals back then.
  13. AFCCOVENTRY

    Judicial Review thread

    Damn it...meanwhile we have missed out on Joe Cole. Can't believe Villa got in before us...
  14. AFCCOVENTRY

    Judicial Review thread

    Lol...is the sisu qc trying to lose this for sisu? Sisu knew the clubs performance would affect acl income streams...hence sisu deliberately withholding rent. And some might say manufactured relegation and a deliberate move to sixfields.
  15. AFCCOVENTRY

    Judicial Review thread

    @TheSimonGilbert: Sisu QC reads from 07 PWC valuation report which shows ACL income streams could be affected by club performance.
  16. AFCCOVENTRY

    Judicial Review thread

    Why didn't sisu think of the unaffordable rent when they purchased the club? Sisu carried out poor due diligence and now playing the victim.
  17. AFCCOVENTRY

    Judicial Review thread

    @TheSimonGilbert: Sisu QC presents evidence club believed rent was unaffordable and made it known to ACL in 2006. Asked for revenue streams in 2007
  18. AFCCOVENTRY

    Judicial Review thread

    Our man Keith's popped out to write a quick summary of this morning's 'action'. What we can say is that any hopes this would be over within a couple of hours have been well and truly dashed. Unless I'm mistaken, we're going to be in it for the long haul. Oh, and Sisu definitely think the...
  19. AFCCOVENTRY

    Judicial Review thread

    Sisu QC says there was motivation to drive Sisu out of Coventry and force it to sell to a new owner.
  20. AFCCOVENTRY

    Judicial Review thread

    Sisu QC says council loan to ACL was an “act of folly” that has driven the club out of the Ricoh and to the brink of insolvency.
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