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This is from the JR day 1 transcript:

Ok - then let's stretch it a bit further. Say JS is happy to sell at £15-18m. What would happen if Byng approaches ACL/Higgs/CCC and ask for a price for all the shares in ACL? Could he continue the 'road map' albeit adjusted a bit to include CCC's half? And more importantly - would it make any...

And there you have the support for my reasoning. Any councillor will demand information and think twice before casting his vote.

I am speculating - not saying she has. But it does seem logical and possible. And you're right, it would mean the selling price of the club could be much lower. Maybe that's why Byng is circulating? On the other hand - it can also mean that JS has a lot more patience with the situation as she...

How much information did each of the councillors actually have? (I know it was raised by sisu QC, but I know I have written a post some time ago to the same tune). No councillor can be an expert or posses all relevant knowledge to cast a personal vote in all cases. They usually receive an...

Yes, skybluetony has his bright moments!

Hmm - that's the general perception, but they acted quite quickly when they secured the ACL loan. Next time won't be so quick though, as more councillors will ask questions and demand detailed information.

See my response to skybluetony above.

That's the nature of 'secret' or 'undisclosed' - we don't really know who the investors are. For all we know it could be just JS and a number of straw men. In court the sisu QC said ARVO have invested more than £50m. That implies that ARVO is also the initial 5 investment funds. I don't really...

I wouldn't put a bet on that! The decision to keep the club afloat is made by just one person (it seems): Joy Seppala. How many will need to agree to keep ACL afloat? Think about that for a second.

A promise is not really worth anything if it is underwritten by Otium. If sisu/ARVO walks away the club could go into liquidation (again). I hope th FL have made ARVOR or sisu sign on the dotted lines.

What I say is: Do we know for sure that ACL are financial secure? If they're not - then the freehold could potentially become unencumbered. I responded to Astute's post because we have for months taken it for granted that the freehold will never become unencumbered (never mind sold to sisu)...

Are sisu withholding a bond? Any links to that information? But anyway, the FL seems content with the 'progress' towards building a new stadium. Maybe in two years time the situation is different, but 'at present' (the term I used in the post you replied to) I can only see potential problems...

I think sisu/ARVO are too rich to go bust anytime soon. I could Rephrase your question: Will sisu/ARVO walk away from the club before CCC walks away from ACL?

Of course shares are assets. And if ACL go bust, the shares are worthless, but then someone else come in and buys a new lease. The money they will receive are also assets. Maybe even worth more than the current value of the shares?

You're right - sisu did not present any hard evidence the club was forced out. It was all the usual circumstantial allegations. There were no evidence the other way though - nothing nailed it that the club was not forced out. And I actually don't think it make much difference to the fans going...

Oh my - still early morning I guess. Could you please read my post one more time - only this time read the words written, nothing else. Astute - Yes, I really believe the freehold should stay with CCC at all time. The stadium is a community asset, but ACL is not. I haven't a clue if ACL are...

Your last remark is quite an understatement. But you say 'CCC can't give SISU the unencumbered freehold that they demand'. First - I don't believe anyone other than CCC should own the freehold - unencumbered or otherwise! Still, I wonder how financial secure are ACL really? Are they bleeding...

No - I am saying that international matches have been played at the Ricoh - so de facto the Ricoh is an international stadium. Any public means given to the Ricoh has to be considered unfair trade unless the same means are given to all other international stadiums in the EU. Otherwise it's...

In that case ARVO is the same as the 5 funds who brought in the initial loans. Is he saying is was ARVO all the way?