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No, they probably won't. The debt is there to protect against a hostile takeover.

Comparing sisu with the cult hero of an almost 20 year old movie ... A figure who is prepared to go to the extreme to achive his goals. Prepared to go further and deeper than anyone else. A figure that will never die - a myth - a legend. The seemingly weakest, who in fact was the strongest and...

Don't forget the appendixes (16 volumes) available at the administrative court in London.

I would support groundshare if I was 100% convinced ACL/CCC have refused any further negotiations after club receive back the golden share and the door is closed to potential new owners. I will support a groundshare if ACL refuse the CVA and thereby inflict a -15 point penalty on the club. I...

Actually yes. If I was Fisher I would have retired Otium completely and set up a fresh new company called Coventry City Football Club (final edition).

Sisu are masters of setting up new companies, so why use Otium as a vehicle for assembling all activities of the football club? It's been sitting idle for a couple of years - so much so that nobody really found it worth the efford to file the accounts. Otium means leissure or even retirements...

No - increase like with interests.

It definetely more than the £6m you mentioned as that is less than the base number. There were some suggesting the price would be around £10m, but that is OTT. Anyway - £6m as you mentioned or £8m ... why is it important?

Yes and no - PWKH mentioned how the 'secret' formular is constructed. The base number is what they initially invested and then there's addons. You may browse his posts - I think it was an answer to Wingy half a year ago or maybe more. Anyway my conclusion was the price was around £8m.

That's true but I hope not. We may never in any case learn all the facts, but it would be interesting to hear what a judge would have to say.

It's not just that Fischer has told us - it's the fact they have produced evidence to the court to consider. That is not something anyone do lightly and unfounded. And again - the plan was a win for all parties. Who made sure that plan did not succeed? Who would gain anything from capsizing the...

Yes - and as that scenario is a win for everyone ... except Yorkshire Bank, it really is the most credible scenario there is. But WHO scuppered the deal and why? That is the most important question the Trust can ask. Who pursuaded the council to walk away from the plan and even take on the £14m...

well, that could be said about all the sisu loans as well, but it's not quite true. But take the parties one by one: Higgs would get out at the price they ask and free some £8m to do good in the city. CCC would not have had to bail out ACL but would instead have an increased value of their...

ACL would continue to own the lease. ACL would be owned 50% by ccc and 50% by the club. So here's the scenario: sisu buy out the mortgage (and discharge it) from Yorkshire Bank at distressed value - say £5m. They then buy the Higgs shares at their asking price - say £8m. Then finally the lease...

Why pay off one charge only to replace it with another??? And it does make sense to buy out the mortgage and discharge it all together as long as they obtained the Higgs shares AND if the lease was extended to 125 years. That would increase the value of the shares of both ccc and the club part...

And until it is revealed in court what do you do? Keep an open mind?

I am not sure about the £21.5m - in fact I don't believe that they were ever prepared to push £14m over the table to Yorkshire Bank. The debt was distressed and so the value a lot less. Maybe £5m or a tiny bit more. One more thing - you didn't mention the fact that ACL chaiman resigned to...

Ah but that is NOT what is said ... is it? Disharging the mortgage would mean ACL/ccc did NOT owe one penny to sisu. And discharging the debt in exchange for an extention of the lease to 125 years makes absolutely good financial sense. CCC's shares would increase in value as well as the clubs...

I agree totally with the OP and have been saying the same over and over - but not including dates and numbers as I didn't know. But all the information is 'out there' - just waiting for someone like Grego to compile them and present them in a readable and chronological post. It won't change...

I am not even going to mention Hoffman and Elliot ...