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    Labovitch email

    You lot? Really? I think of my self as a life long ccfc supporter. I have a feeling that Robo think he is a life long ccfc supporter. So I guess we share something there. Probably enough for you to call us 'you lot'. But then you kind of exclude yourself. Out of interest - because I am old and...
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    Labovitch email

    Ah, so it was a trap? I wonder if one party is more paranoid than the other?
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    Labovitch email

    That's assuming it was sisu who leaked the mail?
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    Labovitch email

    Let's face it - nothing will happen pre-JR ... unless CCC actually invites to a process of selling the shares in ACL to the club. Which probably won't happen. This spat - and everything else - is just time wasting, off topic and drawing attention to other matters. It doesn't seem logic to me...
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    Labovitch email

    Yes, but that's not how they work, is it? To be honest I think it will take a serious effort by Ban Ki-moon to bring the parties together.
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    Labovitch email

    I think they are simply paranoid about anything CCC and that the 'certain people' is Mr Fletcher. Anyway - why don't they join the Trust themselves and try to get on the board? It could actually help break down some walls that all sides have been busy putting up the last few years.
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    Sky Blues turn down accounts discussion

    Well, the club is complaining about loss of revenue. I think a boxing match Asian style would make a lot more than a dart match. Could even be TV money in it.
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    Sky Blues turn down accounts discussion

    I agree they should. And I would buy ticket for ringside. But they won't accept the invitation. Sisu are clearly trying to set the agenda and the other parties won't accept that. Too bad the club refused to meet with members of the Trust. They should have the meeting and have an independent...
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    Time for Plain Speaking

    I don't think a rental agreement is ever going to happen unless the CCC and Higgs agree HOT to sell at the price found by two independent valuations. And no, long term we will never be able to control our own destiny with a rent deal at the Ricoh. We could maybe get access to some F/B revenue...
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    Time for Plain Speaking

    Not for me to predict - ask the people with the spread sheets. I can hope it happens soon if the club get to buy ACL, but I was told yesterday that 'the majority' of fans do not want that. So no pressure on the CCC to bring the club home. Then there's the chance - 'the majority' would say risk -...
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    CT investigation into new stadium

    No, their acronym is ICS.
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    Time for Plain Speaking

    Well, I hope soon as only then will the club be sustainable. But of course it requires the club and stadium is owned by the same group. You seem to hope it will never happen - or am I wrong?
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    Time for Plain Speaking

    No matter who owns the club - unless it's a sugar daddy - will seek some sort of return of their investments. They have so far injected £40m into the club, at some point they will either realize a loss and sell to someone else seeking a return from his investment or they will retrieve a return...
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    Time for Plain Speaking

    I think I remember OSB said the interests were being accrued - not actually paid out? But in any case the situation has now changed a bit as 'our bank' (ARVO) is now the sole creditor in the club (Otium). If ARVO is paid out interest that money is coming back from ARVO as either new loans or new...
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    Time for Plain Speaking

    When they sell, they sell the shares in the companies. As a whole package. The debts gives them option. Before the administration the debt gave them protection. It's not rocket science for the financially educated, but can be difficult to understand for most of us.
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    Time for Plain Speaking

    Well I can understand how it would be difficult to explain an angry audience that they would use the same group construction as had caused all the upset. Only difference that the old prop-co - being limited - owned a lease and not the stadium.
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    Time for Plain Speaking

    If the group make an overall profit they could pay out interest on loans or dividends on shares. If the group make an overall loss and they pay anything, they would have to refund what they pay out to cover the loss. Doesn't make any sense at all.
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    Time for Plain Speaking

    Say you own three companies. One company owns the other two. How richer or how poorer would you be if you let one company pay a rent or an interest to the other company?
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    Time for Plain Speaking

    What he dodged was the question about if 'the club' would own it. And no, the club - being Otium - is not going to own it. It will be owned by a separate company in the SBS&L group. It is quiet common to place property in a separate company.
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    Time for Plain Speaking

    zero, nil, nothing. The stadium will be owned by SBS&L - will be a sister company to Otium.
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