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You must get sore shins a lot.

It is in ACL's best interest to sort out a deal involving match day revenue as getting the club back increases the value of ACL. Having the club there will give ACL more chance of getting a good deal when the stadium sponsorship is renewed. They will benefit from the rent, even the shabby...

I think ACL care deeply about the club, it has been shown that the value of ACL increases with the club there, the club will bring in more money in rent and other income for ACL, and with the stadium sponsorship deal up for renewal more money would be paid for that with the club there. The...

When the club is spending more on wages than it's entire income then I would suggest that is the main cause of our problems. If the club hadn't sold it's share (pre SISU) then of course half the rent would have come back to the club, and so would half of all the Arena income. Selling the...

You don't seriously think they had to sell 22k tickets to pay the rent?

Agree that the FL should get involved, but I'd be very surprised if they decide to take on SISU. I think they'd prefer taking some criticism, it would be a lot cheaper.

I presume ACL would as surely that's the point of it being a security, but I certainly don't claim to be an expert in any of this.

I don't think they are 'legally' obliged to pay. As OSB58 has pointed out previously ACL has no contract with Otium/SISU. The amount due is a condition of playing in the League, the FL could change it's ruling on this if it wanted to I'd have thought. Or Otium could decide not to pay and see...

Isn't the £300k the same as the £500k only discounted, rather than being two separate amounts due? I thought they had guaranteed to top up the escrow which had been used up by a lack of rent payments, and this is what has been called in by ACL.

Labovitch thinks the amount agreed was £590k. http://www.coventrytelegraph.net/news/coventry-news/coventry-city-official-insists-club-7087138 However, CCFC non-executive director Mark Labovitch has moved to assure supporters the amount will be paid - although he was unclear if the...

http://www.bobainsworthmp.co.uk In a letter to me on the 5 August 2013, the Football League’s Chief Operating Officer, Andy Williamson explained the entry conditions imposed by the Football League and accepted by Otium Entertainment Group Limited (OEG) as part of the process to transfer the...

No, this is wrong. The charitable offer was £5.5m according to Deering in Court. 4 MR JUSTICE LEGGATT: But she wasn't going to pay 5.5 million 5 is the point for a company worth nothing. 6 A. I don't think she ever said that she wouldn't...

I imagine they, as part of ACL, must be happier to pay more overall but with a lower annual cashflow, otherwise they wouldn't have agreed to it. I haven't heard them complaining about it, have you?

From the JR The loan was of £14.4m, for a similar term to the lease (nearly 41 years, the final repayment date being 16 December 2053), at a rate of 5% per annum for the first five years of the facility, and thereafter at the discretion of the Council but no less than 5% nor more than 2% above...

They got a loan to give the loan, they are lending at a higher rate than they are borrowing, the excess is presumably helping to give extra funds to the City. Everyone could benefit including the club.

Says the 4th on the Council website. http://www.coventry.gov.uk/news/article/1079/council_welcomes_judicial_review_decision

The next step is the Senate meeting.

Maybe they should stop insisting that they get things, and maybe ask for things, use words like please, maybe offer some money. Have they ever said they are willing to pay for access to the revenue?

We'd get far more revenue at the Ricoh compared to Northampton, even without food, car park etc, so it can't only be about revenue. Fisher must be a liar or a fool. Or both.

Surely Ann can't make decisions about a rental deal, that needs to be ACL. So it's not a great point she makes about wanting to speak to the decision maker, when she's not one herself.