Search results

  1. G

    Valuations of ACL

    You know I don't mind end up looking stupid. I do it all the time. What I have extracted so far - and I am still not through day three - is more about the narratives both sides have presented and less about all the technical stuff like references to previous cases. So far I believe the council...
  2. G

    Valuations of ACL

    I post my findings - you should post yours. Then we can have a debate.
  3. G

    Valuations of ACL

    Again I have to disagree. To bring the parties back to trusting each other there need to be some drastic changes. A revolution as a matter of speak. And the only way to achieve that will be for the parties to meet and at least agree to the chain of facts. Then speak privately but frankly about...
  4. G

    Valuations of ACL

    I am still reading - now day 3. I come across references to the 10K per match that the club paid during the rent strike. Originally I thought it was an agreed match day fee set by sisu in the roadmap, but was corrected during the Higgs trial that ACL never agreed to an interim payment and that...
  5. G

    If Sisu / Arvo get JR compensation ?

    I agree - very educational! Thanks again.
  6. G

    Valuations of ACL

    I would like to agree, but I can't. We need to deal with all the myths and the spin and the PR we have been the target of before we can move on. And more importantly - the parties need to actually agree what went on for them to build a new common ground.
  7. G

    If Sisu / Arvo get JR compensation ?

    I don't think that can be done. Would YB agree to a new loan of £14m? I think both sides and even the judge agreed that would not be the case. And even IF they found a new lender - the loan would reflect the increased risks and demand a huge interest. That in itself would make it impossible to...
  8. G

    Valuations of ACL

    Oh - was the rate rebate paid to Otium by ACL? I didn't know. http://www.coventrytelegraph.net/news/coventry-council-pays-six-figure-sum-7140178
  9. G

    Judicial review day 3 - judgement day

    I need to prove that he mean it's not estimated? Is that a fact?
  10. G

    Valuations of ACL

    Wow, you're well informed! Do you have a link to that? I know I miss a lot, so please excuse my ignorance.
  11. G

    If Sisu / Arvo get JR compensation ?

    According to the judge it was very much a commercial option! The actual quote is somewhere in the ACL valuation thread.
  12. G

    If Sisu / Arvo get JR compensation ?

    And according to sisu QC the considerations were flawed and all information not given to the councillors. He also uses the arguments to show 'irrationality'.
  13. G

    Valuations of ACL

    Oh, mentioning the rates issue crosswired a few neurons in my brain (yes, I have neurons - plural!). Didn't I read somewhere in day 1 transcript that the loan was made £14.4m (not £14m) to include the issue of the rates? If that's the case - it was a known issue back in 2012 and not a complete...
  14. G

    Judicial review day 3 - judgement day

    That's a fact!
  15. G

    Valuations of ACL

    Yes, but to be fair, it's a description made by sisu QC. Not that it makes it untrue, mind you.
  16. G

    If Sisu / Arvo get JR compensation ?

    They could have agreed to a restructuring of the YB loan. Or followed the roadmap they agreed to. Or indeed, let ACL go bust. They had options!
  17. G

    Valuations of ACL

    Here's another myth busted by the council QC. We have constantly been told how profitable and successful ACL are. That they were never in any danger. Council QC reading from a report on possible cost savings (and with the premises that the club paid rent and drafted in punters to the Arena)...
  18. G

    If Sisu / Arvo get JR compensation ?

    Ok, thanks! I stand corrected then.
  19. G

    Valuations of ACL

    Keep that tongue in your own mouth!
  20. G

    Judicial review day 3 - judgement day

    You may have to specify that it does not mean video taped.
Top