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People could try and spin that but the key thing would be if SISU had a valuation done which states ACL is worth, lets say £2m and they offer £2m they can show people the report and have proof they are offering market value.

So what do we have so far. Taken to court twice (not sure if it was the same case twice or 2 separate cases) by ACL over non payment of rent, lost both times - I seem to recall they didn't even enter a defence. Initial application for JR rejected. Initial application for access to documents...

Wouldn't that be in their favour? They could put in a low offer and if CCC reject it they can state that their offer is fair and in line with the valuation they have had done. That would put pressure on the council to justify their stance.

ACL have taken SISU to court twice over rent arrears and won on both occasions.

Seems odd then that our away attendance is higher than our home attendance and that we've taken huge away followings to grounds further away than Sixfields.

The tone of the judges summing up, well as far as you can tell from twitter, and a couple of his other comments seem to indicate he things SISU were wasting everyone's time. Can we read into anything the fact they wanted so many documents. Could that be an indication they don't have what they...

They certainly need a Palace-esque last few minutes to be able to spin this as anything other than a defeat.

The talk of it being pushed back was because SISU wanted access to so many documents. If they had been give access I suspect they would have been given more time to go over them resulting in the JR being delayed. Can't see any reason now that things won't go ahead on schedule.

I think the idea is that the loan is secured against an asset (the lease) and should SISU default the council gain possession of an asset of greater value than the outstanding balance. They can either put the lease up for sale in the hope of achieving a sale price greater than the amount owed or...

I had an argument with one of the councillors about that. Basically accused them of saying it was coming from central funds when it was actually paid out of their reserves and was told it was an administration thing. It had been decided that it was the most efficient way to carry out the...

Are they saying theres no record of anything connected with the loan or just one particular meeting? Has was the decision ultimately made, was a vote held? That would be recorded somewhere wouldn't it?

We need to know if its a meeting that should, according to council usual procedure / regulations, be minuted. If it isn't then it's a non issue, if it is then the council will need to explain why it hasn't been.

Why is that sort of thing coming up now, isn't that more for the JR itself?

CCFC QC arguing for Seppalas witness statement to be submitted, judge trying to ascertain how it would be relevant / useful

The key here will be should the meeting have been minuted. If it's something that shouldn't have been done but hasn't then CCC will need to come up with a pretty good explanation but if these type of meetings are never minuted then it's a non issue really.

Last 50 mins have been SISU listing what documents they want.

You're a quicker typer than me! Whilst that makes Mutton look a touch stupid that can't be a legal problem can it?

SISU are after documents relating to Mutton and Duggins. SISU say there were victim of a 'secret plan' Request for meeting minutes when ACL loan was approved shows no minutes were kept. Notes were taken by individual councillors.

Judge asking why it's been left so late, SISU blame Higgs!

@TheSimonGilbert