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Even if it is with Wasps it's still not part of the sale price. The original loan was to ACL to buy an asset. In simple terms if ACL was taken over or it wasn't CCC were due that money. If you buy a box factory and there's still a loan outstanding for the box making machine you don't add the...

They've paid £5.2m, that's it. Any suggestion otherwise is spin to try and make the deal look better, from CCC's point of view, than it was. Wasps don't owe a penny to the council, it's ACL that owe the money and they are the ones that will make repayments not Wasps. £5.2m is crazy when you...

Albatross, I have no idea why you are going to such great lengths to defend the council when they have just screwed the club you're supposed to support for decades to come. I mean I hate SISU as much as anyone but it doesn't mean I want to put the future of the club at risk just to annoy them...

Clearly you have wasted your time as you have in no way answered that question. To be fair you can't, only CCC and Higgs can and they won't answer, to meet that indicates they didn't offer SISU a similar deal.

I've been a big defender of the Trust but I feel the same. The trust should be asking serious questions of all parties including CCC and Higgs regarding their role in the sale to Wasps but seem very reluctant to do so. There's been missive after missive from the Trust aimed at SISU but the same...

Surely they would be accurate to the date the accounts cover not the date filed which can be months later. In fact checked at Companies House there are still no accounts filed that cover a period in which we weren't playing there so the same fact remains. CCC were claiming everything was fine...

But again if that is correct the council have not been truthful when talking about the health of ACL. Remember the outrage every time Fisher said anything about ACL needing CCFC or ACL not performing as well as was being made out. Seems he was right. I never in a million years thought I'd be...

Interesting point that leads to a couple of questions: 1) could Wasps not have taken out a commercial loan to repay the council thus avoiding any accusations of CCC providing a loan in dubious circumstances. 2) did the council protect their investment or have they in fact lost money by selling...

I'd love to do business with some of the people on here. By the method we are apparently supposed to use CCC and Higgs should have paid SISU £2m to take the stadium off their hands!

That to me looks very much like ACL saying they have a business plan showing that they do not need CCFC. If this is true why would the value be decreasing at such an alarming rate?

I spoke to Cllr Maton about this and he claimed that it was only temporarily taken from the councils cash reserve and that the reserve was later replenished using a loan obtained by the council at a preferential rate.

To be honest Michael I have a very real fear that the sale of the Ricoh to Wasps means the club can't be saved. We are now in a fairly unique position. We own no stadium, don't have a long term lease that gives us stadium revenues or any option to buy a stadium. The only other team i can think...

So what you're basically saying is when CCC kept saying the business had no issues without us being there, was doing wonderfully well, had bookings coming out of their ears and fantastic future projections they were lying?

it's doesn't matter what rate the loan is at its future repayment is not part of the sale price. It's just spin plain and simple. Wasps have paid under £6m.

Don't think it looks that bad personally, especially when it's in use. A lot of people complained about the Ricoh being a bowl and said there is a better atmosphere with individual stands. I can see a couple of scenarios in which a temporary stadium would suit. If they think Wasps are reliant...

I tell you what, how much is your house worth? How about you loan me that much money and then I'll buy your house off you. I won't actually pay you anything other than repaying the loan but that will be OK won't it? Ricoh paid £10m for 10 years which adjusted for inflation is over £13m so even...

It would give you a ballpark. Of course the club bring more revenues to ACL than just the rent so those would offset in some part the costs. Would certainly give an indication of the heath of ACL without CCFC there.

Can't answer for Grendel but I can make my own comments If both these things that were oft repeated by CCC & Higgs are true then all the councillors who voted yes to the sale should be hung in Broadgate as they have sold ACL to Wasps for a bargain basement price. The value of the business is...

You seem to have forgotten to answer the question so here it is again for you: Frankly I couldn't care less what BS Fisher came out with or what spin Lucas, or anyone else at CCC or Higgs came out with. The question above is the one I want answer, it's a very simple question that should be...

I can only think that people have so much hate for SISU it is stopping them from seeing any other issues. It seems as soon as you ask a question of any other party involved you somehow become a SISU supporter.