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That's exactly it, the refinancing strengthens ACLs position so in any negociation they are working from a firm footing rather than worrying about how they are going to meet their payments and if they bank is suddenly going to call the loan in. It doesn't benefit SISU as if ACL were distressed...

I will but I will first apologise for using the house analogy as it's the best thing I can come up with. You have a £100K mortgage with Yorkshire Bank. That costs you £1K a month as you took it out when interest rates were high. You have a tennant that pays £1K a month rent to live there. You...

In which case the question would be did the pay off the loan in full or buy it off Yorkshire bank ata discounted rate.

In either scenario I think there needs to be plans being made now. It's no good waiting till the close season and then everyone complaining it's too late. If a new club were to start at the same level as Sphinx maybe it would be worth also investigating a method of making them 'the' Coventry...

Did the council make a deal with the bank to buy out the mortgage? That says to me the council were speaking directly with Yorkshire Bank and made a deal to buy the mortgage off the bank for a certain % of the total amount owed. Essentially in the hope YB would sell it for that % as they feared...

good point, it's not uncommon practice in business to be pursuing 2 options so as you say unless exclusivity had been agreed there's no arguement to make there.

The big weakness I see in SISUs arguement is that none of this would have happened had they not gone on rent strike. There would have been no issues with Yorkshire Bank as ACL were meeting their repayment schedule, indeed I think they were making regular overpayments. Same with the...

if this gets thrown out again by a judge is that it or can SISU start the whole process again?

If you listened to the podcast last week where the guys had the meeting with the council they (the council chaps, can't remember their names off the top of my head) were clear that no veto either formal or informal had come from the council. What had actually happened was that a pre-requisite of...

If they truely belive that the club needs ownership of the group surely a question you would want answered early on would be why have the club owners never submitted a bid to purchase the ground.

That doesn't explain why there is zero heard from them most of the time. If you were running a campaign surely you would be wanting to make as many people as possible aware of it and signing up on forums such as this to put your point across? Check out their facebook / twitter / website and...

I find it a bit suspicious that we only ever hear from this group at times that would seem to suit SISU, makes me wonder if there's someone behind the scenes promting them. It would be very convinient for SISU if, assuming the JR gets kicked out, there was a report that placed the blame with CCC...

When I lived in Cambridge I used to go and watch Cambridge United but it's nothing like the same. Just went along as it was something to do, my mates were going and it was relatively cheap (even had a visit from the mighty Sky Blues for a pre season game!). At the time Dion had just signed for...

Don't believe anything Fisher says to be honest but with this he's really backed himself into a corner. People were openly laughing at him at the forum yet they continued to claim they could cover any losses caused by the move. If they then turn round and use lower revenues as an excuse for...

I believe club owners are allowed to put money in as equity which is then included in FFP calculations. Our owners have said it doesn't matter if we don't turn up they have the money to cover the loss of ticket income. Look at the numbers who travelled to Wolves and who are going to MK Dons and...

Is this true? Surprised they haven't already gone out of business then. Everyone knows if you don't own your own ground you're in trouble :whistle:

I can't for a minute believe they had some grand plan to take over Northampton but if they can't get the Ricoh what do they do? We all know the figures for building a new stadium don't stack up and you can imagine at some point it will cross their minds that if Northampton get relegated to non...

Makes Tuesday nights game against Rotherham pretty important. If we can keep a clean sheet and grind out a win hopefully the team will get their confidence back.

There's no way Wilson and Clarke can be expected to score every game, they have to have a dip at some point. The question is when they do can the rest of the team step up, either need more goals from elsewhere or the defence to tighten up.

always a danger of a result like this when you're playing a we'll score more than you style of play. do people think we're letting in so many goals (not just today) due to our style of play or is the defence just not doing their job? will be interesting to see how the side responds now. Elvis...