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It has nothing to do with FL. It's a business dispute, not football related. If you want an independent party to help broker a deal, then support the call for an arbitration.

If I could moderate this debate I would erase any post that contained 'a house is valuated ...' and 'they have moved on ...' Valuation of property and business is very different. The analogy is very poor. Neither ACL nor sisu have moved on. Both actually want the club to play at the Ricoh. ACL...

Maybe - but a fair question could be have all politicians who voted for the bailout seen the valuation?

ML calls for making the 2012 valuations public. I don't think it has anything to do with sisu wanting to initiate negotiations at this point - it's about putting facts into the public domain and is aimed at slowly winning over fans, businesses and even politicians. If the reports are kept...

Tell them to f*ck off to Northampton or something?

What is the value of the shares? If the club bought ACL it would be the shares they bought. That way they would own the company. What they would do with the loan afterwards is not part of the take over.

That's blasphemy on here.

Reading is easy ... it's the math that we struggle with.

Hmm - isn't it irrelevant if CCC don't want to sell?

I have to give you credit - it didn't take you much to completely derail this thread. Well done.

I am sure there's enough threads about Sixfields and the cost of playing there. But bringing it up here? Maybe it's you who are uncomfortable that all may not be well at ACL? All is not well anywhere as long as ACL is not part of the club structure.

Would that be accounted as turnover?

I seem to remember ACL calculating with a gross profit of £1m from the Olympics?

If there is a forum by then? It kind of depends if there is a club.

As it is now a legal dispute and with no solution in sight, I guess there is no way we will ever know all the details. The main point is that there really was a deal to be made. One that would have put the club in a much better place that it is now. Who's at fault? In my book they all are. There...

Yes, they should have a pretty good idea now. But they are not going to tell us, are they? Take out the Olympics and the club and you still believe they have a 'normal operational revenue' of £14m? I don't believe it for a second.

I agree. It's spin. But we lick it up and will have forgotten it in two years when accounts show it untrue.

Well, I am not 100% daft then (but who is 100% anyway?). That is too technical for me - I have no idea how to do the bookkeeping. I would go to someone like you and ask you to find the solution taking into account the purpose and the law. Remember the whole purpose of the exercise is for...

Look at transcript for day 2 - the questioning of PWKH. From about p. 60 (my copy) and forward is a lot about the loan, the discharge and how it is connected to the extension of the ACL lease. I know PWKH does his best to not understand the questions put to him, or remember the right context or...

From the court transcript and press releases by TF the loan was to be 'discharged'. In my understanding that is the same as 'written off' - so ACL would be free of that loan. Would CCC have to 'match' the value increase? Yes, they should extend the lease to 125 yr - which would further increase...