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There's a definition on Cooling Off Period on wiki - not entirely related I think, but gives a general idea: http://en.wikipedia.org/wiki/Cooling-off_period I have absolutely no idea if I am in line with the majority or not. I am not a follower and never have been. My parants brought me up to...

I said - I don't want to start the season with no NEW players. We need replacements for the CB's as well as McSheff, Bell and Jennings. Other than that I think we should be able to do well.

I am not sure they can push it - I think they have to make their decision known on the creditors meeting. I think the cooling off period start after that.

I hope it will be signed. I don't want to start the season on -15 points and with no new players. But it's luckily not my decision ... the directors of ACL have to decide what will best promote success for ACL. That's their duty. They have the information to make that decision - none of us...

The club will ONLY get a points penalty if ACL rejects the CVA. If ACL signs the CVA they agree to tear up the lease.

We don't know the other offers, but if Otiums offer really was the one that paid the biggest percentage, then it surely offered the greatest return. But it's semantics and I know what you mean ... it may not have been the best overall deal for ACL. Then lets go a step further. Let's say...

Ok, then I assume we now know the extent of the offer and the important content of the CVA. You say: 1p in the pound would have been massively more advantageous to the unsecured creditors What is Mr. Appeltons priority here? To achieve the best deal for the secured or the unsecured creditors?

That's what he said - and has said on a number of occasions. So what has changed? According to the administrator ACL was owed £630k (or something in that neighborhood). They will receive about £500k. 25p/£ suggests a total debt of £2m. That's doesn't immidiately add up to anything known, so an...

I believe they need to make their decision known at the creditors meeting. The cooling off period starts after the meeting.

According to the administrators report (I am writing this from memory!) they were owed £650k - they stand to get about £500k. The rest is, I think, sisu's way of having them share the administrators bill.

Most seem to miss the duty of the ACL directors: To promote the success of the ACL business for the benefit of the shareholders and stakeholders. They have two choices: Vote 'yes' - that will mean they receive pretty much what they were owed (I guess the missing £100k is susu's way of letting...

Look at it through the eyes of ACL. Do you honestly think they will offer a cheap deal on a three year contract? Why would they? If any negotiation actually happens the foundation would be a fixed rent cost per match. Sisu would suggest they pay similar to what they will pay in Northampton -...

Any talk about an interim deal to play at the RA will start from scratch - they will not just pick up where they left half a year ago. So forget all previous figures and addons, they are not relevant.

What if JS had said: Fine, I'm on vacation, but I will be back for the creditors meeting. We can talk immediately after. Would that be an acceptable reply?

Translation: I don't want that monkey on my shoulder! But I can always go and watch a game to confirm that football is in good health.

I agree, that's (one of the) last string(s) ACL have left. They have played it nicely hoping to hold that card when the talks begin. It's their right and duty to maximize the outcome for the company (ACL) and their shareholders. Sisu said no. It's their right and duty to maximize the outcome for...

I didn't get your point at first, but I think you are half right. If they sign the CVA they accept the lease is broken and the club without a place to play. On the other hand, refusing the CVA will (probably) not stop the lease from become void as the transfer of other assets to Otium will...

Then ACL should have said: Ok, then let's schedule talks to begin after the creditors meeting. It's not complicated.

No matter how many times anyone quote PWKH's spin from this morning 'no strings attached' - it's still remain false. You say it yourself: Right Now! Not when the lease is dead. That's the string. PWKH didn't say on the radio ... maybe he is not fully open and transparant as many believes.

Yes I agree, that's what it means. ACL want to negotiate on the platform of what is today ... before the lease is broken. Sisu say's no, we can wait till the CVA is signed - or not. They want to negotiate on 'tomorrows' platform. It's in ACL's interest to negotiate today - in sisu's interest to...