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    OTIUM ENTERTAINMENT GROUP LIMITED - new document

    Pretty clever. But one thing is having the FFP budget - another is having the cash to spend when all other costs are paid.
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    Council pays Sky Blues six-figure sum. ACL left to foot the bill

    The money belonged to ccfc ltd - but as Otium bought out all assets, the money was rightfully paid to Otium.
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    Sisu have ACL valuation !!!!!!!!

    Of course you're not usually wrong! Oh ...
  4. G

    few thoughts and other stuff

    I am sure you will agree 2013 wasn't exactly a 'normal' year, but anyway - the interest you include is to ARVO I guess. Remove that and you are close to a business making break-even. Get us promoted and there should be room for profit.
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    few thoughts and other stuff

    The what??? :D
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    Labovitch calls for independent ACL valuation

    Interesting analogy. Christie will probably be sold at a price set by an independent valuation ... tribunal will decide the fee.
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    Labovitch calls for independent ACL valuation

    No mentioning of management fess? Odd. Is that from the latest accounts? No, I think not. The interest rate is not shown specifically to be 25%, but calculated from the remaining balance. That is probably not precise. It could also include loans other than ARVO/SISU. The buyout of the mortgage...
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    Reasons not to push for an independent mediator and/or arbitrator

    Oh come on, it can't be too hard to put a clause on the lease of the Ricoh saying it will be void if transferred to a company or consortium not holding the golden share. So the owner of ACL, holder of the long lease at the Ricoh, will always be the owner of the football club. If they try to sell...
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    Labovitch calls for independent ACL valuation

    Management fees - again. Please lookup OSB's explanation of management fees. You clearly don't believe me, but I know you respect OSB on his field of expertize, so please look it up. And while you're at it, please look up his post on the latest accounts and see what he says about the interests.
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    Reasons not to push for an independent mediator and/or arbitrator

    The only construction that makes sense will be to have the stadium in a prop-co under SBS&L. Having ACL owned by an outside arm of sisu will be like the current setup, and I can't see how the revenues from ACL could be counted towards the FFP formula. That is probably easy as CCC will still...
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    Reasons not to push for an independent mediator and/or arbitrator

    He couldn't, but the parties could decide heads of terms and then the arbitrator steps in whenever the parties disagree.
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    Reasons not to push for an independent mediator and/or arbitrator

    I am afraid it will be all-out-war for quite some time no matter the result of the JR. The only thing I see as a potential deadline is in the latest accounts where all loans are set to expire per December. If there's no sign of a resolution by then something drastic will happen.
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    Reasons not to push for an independent mediator and/or arbitrator

    Yes, where do you get that sisu don't want to pay 'anywhere near it's value'? What is the value? Nill according to CCC, £13m according to Higgs. Who is right? Why can't you support an independent valuation? Why can't you support an independent arbitration? Is your number 1 priority not to...
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    Labovitch calls for independent ACL valuation

    They do NOT charge us management fees - they NEVER have! It's been said on here a gazillion times - even by OSB. So please stop mention that, it only shows you base some of your arguments on false premises. They charge interest, yes, but so would a bank - and ARVO is our bank. And BTW, it...
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    Labovitch calls for independent ACL valuation

    Here we go again ... management fees!
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    Labovitch calls for independent ACL valuation

    So another poster have said it. Must be true then. Nah, I can't see the logic if sisu want to maximize their outcome. They will need to keep the club and stadium within a sellable package.
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    Labovitch calls for independent ACL valuation

    Do you have a link to that, or are you making it up?
  18. G

    Labovitch calls for independent ACL valuation

    Can you provide a link, please?
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