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Exactly. But if he (his investors) owned ACL, he could have the club pay the full rent or get a winding up petition issued. Sisu would never be able to get their hands on the stadium and their mission here would have no purpose. So all what is left is for Hoffman's investors would be buying...

Wouldn't it be fun if Hoffman suddenly turned up with investors in an attempt to buy the Higgs shares or even take over the entire ACL? If Hoffman really want to take over the club, that would be an interesting first move.

That is pretty accurate.

You got to ask yourself: What is a charity foundation doing in this setup? Why does a charity place their money a lease arrangement? Before the financial crisis sat in, money was in excess and surely the council could have teamed up with an investment fund who knows, accept and live by the...

Not true - the OP is.

No? ACL: Results - Turnover 2011 £6.6m 2010 £6.6m 2009 £6.8m - Net Profit 2011 £470k 2010 £547k 2009 £3.223m (due to one off income from lease transfer) - Fixed assets (long lease, improvements, equipment etc) at 31/05/11 £25m - Debtors £1.7m and cash at bank £1.2m 31/05/11 - Total creditors...

But still - a P/E of 25??? ACL is not Facebook or Microsoft and with the added future prospect of losing a £600t per year I would never even consider a trade. A price tag of £6mil is a show stopper. I guess the council is not allowed to take over ACL 100% as it would probably have to pay the...

So you would say a company with a net worth (balance sheet) of £750t and a last reported profit £235t is worth £6mil? That's a P/E of 25. Add to that the prospect of losing a yearly income of £600t - that may or may not be partly exhanged by income from new activities. So I ask you again -...

Great work again OSB! You say there's a formular to calculate a purchase price should ccfc want to acquire the Higgs 50% shares position. Earlier we thought the price was about £6 or £10mil (can't remember) and that the option would run out shortly. So that part is new to me. You also say...

I don't think it's so much ACL or the club ... it's all about sisu. Getting rid of sisu, preferbly with them (their funds) losing every penny they have invested is far more important than the survivel of the club.

Let's say you're right (and you could very well be!) - would the council allow sisu to take over ACL completely? Could the council not buy the Higgs shares and own ACL 100%? Maybe the club (not sisu) would be allowed to take over ACL (or the 50%) on the cheap. Wouldn't that be like a reverse...

Oh well, here we go again. After a period without too much outside distraction the fortune on the pitch was finally on the up. It's back to the relegation zone ... and the threat of going completely out of business.

Isn't that pretty much what's happening already through the ticket sales?

She represent the shareholders, so of course she calls the shots.

It's not a question if the campaign got to where it got - it did and it had an effect on the team performance. And btw - the stewards are (correct me if I am wrong) employed by the Ricoh, which we all know is not owned by sisu or the club. So I fail to see how sisu could mis-manage any actions...

Well, this is a simple business matter, not a fraud case, so no board members should be liable for any wrong doing. If the club cannot pay its creditors that is not a crimminal offense. But, if the club enters administration or liquidation then paying some creditors and not others may become an...

I try again - sisu owe nothing. The club does. Sisu may own the shares of the club, but it is still the club alone that owe any unpaid bills. In case the club goes bust sisu won't be obliged to pay the clubs unpaid bills. It was the club that was offered a rent reduction, not sisu. It was...

Sisu owe nothing ... the club does, and it is skinned.

Exactly - just like the sisu-out-campaign had no influence on the teams performance last season.

Mechanical & Electrical toys are widely used in the porn industry. (So I am told).