Maybe I am - I only said what I had read.. I did not determine it as fact. But equally you could argue that adopting a NOPM approach is an assumption that you are going to starve out a mulit-million pound hedge fund.
Why so defensive, John? Is it because you are uncomfortable with his questions? He's not even new as by the looks of it, he joined in December 2012. He's not been abusive, he's not shouted anyone down. He's just asked lots of questions. Your problem seems to be to whom those questions are directed.
Why is his time wasted?
Why is his time wasted?
Can I just point out that I agree with a point made earlier about the "watch this space" "you'll see" comments. FOAD!
Myself and Dave (lamtara2006) had a 4 hour spat with Nikki Sinclaire on twitter the other day, to which it ended with her saying "you'll see". WHY ARE WE LEFT IN THE DARK SO MUCH?!?!?!
Why so defensive, John? Is it because you are uncomfortable with his questions? He's not even new as by the looks of it, he joined in December 2012. He's not been abusive, he's not shouted anyone down. He's just asked lots of questions. Your problem seems to be to whom those questions are directed.
Personally I think Ian is like the old cold war sleeper agents. Opened an account in 2012 and now Sisu have activated him.
ACL have profited... Higgs helped to create it......
ACL have profited... Higgs helped to create it... So where exactly do you expect those profits to have gone?
06-12-2012
Thread: Some answers to some of the many questions
by Ian1779
Yes I get that... Higgs helped to form ACL to run...
Yes I get that... Higgs helped to form ACL to run the Ricoh. So what I am failing to understand is why it was OK for Higgs to have the club over a barrel and pay them a pittance for their share, yet...
06-12-2012
Thread: Some answers to some of the many questions
by Ian1779
So can PKWH explain why it was OK for Higgs to...
So can PKWH explain why it was OK for Higgs to acquire their 50% stake of the Ricoh at a hugely undervalued price - what was it again? Allegedly £4m when it was probably worth ten times that.
How...
LOL, his only 3 posts prior to last day or so...
I love how my post history is getting psycho-analysed. Have I upset you because i don't quite buy into the anti-SISU bandwagon?
As for the SISU plant... That one gets funnier every time...
Let me also clarify my cash cow comment. For years I was going to games thinking why don't the club lower ticket prices.. Fill the ground and make it up from other sales. And now I know why they didn't. This isn't a SISU exclusive problem it would have been the same for the previous lot. I know that there was the loan through ACL which would be serviced by the rent, but very event CCFC hosted - ACL profited from with F&B, parking, sponsorship and other streams.They wouldn't have secured the Ricoh sponsorship without the football club being there (which incidentally is up for renewal in 2015... That will be interesting) so they did secure a lot of monies with minimal effort..
You can see why they don't want to give them up. But if I park at Ricoh or buy a pie or even a hospitality box....I want that money to go to CCFC - not some venture fund put together by the council. Is that so unreasonable?
As for the link - I have seen it, but as I am not an expert in contract law I wanted to be 100% sure, which is why I asked. I guess it will be easy for PWKH to answer that one as it appears that money went to ACL. As for the £7.7m have you ever seen it in ACL's accounts? And how does a company that receives a financial injection like that need bailing out by the local council less than 3 years later?
Never mind mate, this has made for a hilarious thread on the mentality on here at the moment - poster asks some fairly decent questions. Immediately is called a Sisu lover and hinted with all seriousness that is a plant/working for Sisu PR. defends himself and all the others join in to try and destroy credibility by actually trawling through his old posts to look for treacherous behaviour. Then gets told he can only post asking questions about SISU and not ACL (who still own the ground we are meant to play at and got us docked 10 points)
Actually this is almost bullying behaviour - if the people doing it were not so piss poor and useless at doing it.
See I read it differently - but let's say they didn't... What kind of business allows a partner to break a long term lease without penalty? And why was that arrangement not in place for CCFC?The link isn't the easiest to read, but it doesn't read to me that the money went to ACL, it reads that Rank had to take over the lease commitments as part of the purchase. So you wouldn't see the money in ACL's accounts any differently than before, and it follows that a cash injection didn't take place.
See I read it differently - but let's say they didn't... What kind of business allows a partner to break a long term lease without penalty? And why was that arrangement not in place for CCFC?
See I read it differently - but let's say they didn't... What kind of business allows a partner to break a long term lease without penalty? And why was that arrangement not in place for CCFC?
so true!
yet nick wont get the ban hammer out because his own mod is one of them
ruining SBT and nick watches on.
I love how my post history is getting psycho-analysed. Have I upset you because i don't quite buy into the anti-SISU bandwagon?
As for the SISU plant... That one gets funnier every time...
Let me also clarify my cash cow comment. For years I was going to games thinking why don't the club lower ticket prices.. Fill the ground and make it up from other sales. And now I know why they didn't. This isn't a SISU exclusive problem it would have been the same for the previous lot. I know that there was the loan through ACL which would be serviced by the rent, but very event CCFC hosted - ACL profited from with F&B, parking, sponsorship and other streams.They wouldn't have secured the Ricoh sponsorship without the football club being there (which incidentally is up for renewal in 2015... That will be interesting) so they did secure a lot of monies with minimal effort..
You can see why they don't want to give them up. But if I park at Ricoh or buy a pie or even a hospitality box....I want that money to go to CCFC - not some venture fund put together by the council. Is that so unreasonable?
Because they were replaced by a business that took on the existing terms I'd imagine, maybe there was a penalty, but I haven't seen anything to suggest a value. The CCFC arrangement appears different in that there wasn't a replacement coming in on the same terms.
I love how my post history is getting psycho-analysed. Have I upset you because i don't quite buy into the anti-SISU bandwagon?
As for the SISU plant... That one gets funnier every time...
Let me also clarify my cash cow comment. For years I was going to games thinking why don't the club lower ticket prices.. Fill the ground and make it up from other sales. And now I know why they didn't. This isn't a SISU exclusive problem it would have been the same for the previous lot. I know that there was the loan through ACL which would be serviced by the rent, but very event CCFC hosted - ACL profited from with F&B, parking, sponsorship and other streams.They wouldn't have secured the Ricoh sponsorship without the football club being there (which incidentally is up for renewal in 2015... That will be interesting) so they did secure a lot of monies with minimal effort..
You can see why they don't want to give them up. But if I park at Ricoh or buy a pie or even a hospitality box....I want that money to go to CCFC - not some venture fund put together by the council. Is that so unreasonable?
I love how my post history is getting psycho-analysed. Have I upset you because i don't quite buy into the anti-SISU bandwagon?
As for the SISU plant... That one gets funnier every time...
Let me also clarify my cash cow comment. For years I was going to games thinking why don't the club lower ticket prices.. Fill the ground and make it up from other sales. And now I know why they didn't. This isn't a SISU exclusive problem it would have been the same for the previous lot. I know that there was the loan through ACL which would be serviced by the rent, but very event CCFC hosted - ACL profited from with F&B, parking, sponsorship and other streams.They wouldn't have secured the Ricoh sponsorship without the football club being there (which incidentally is up for renewal in 2015... That will be interesting) so they did secure a lot of monies with minimal effort..
You can see why they don't want to give them up. But if I park at Ricoh or buy a pie or even a hospitality box....I want that money to go to CCFC - not some venture fund put together by the council. Is that so unreasonable?
That isn't CCFC's fault, is it?
I love how my post history is getting psycho-analysed.
Have I upset you because i don't quite buy into the anti-SISU bandwagon?
As for the SISU plant... That one gets funnier every time...
Let me also clarify my cash cow comment. For years I was going to games thinking why don't the club lower ticket prices.. Fill the ground and make it up from other sales. And now I know why they didn't. This isn't a SISU exclusive problem it would have been the same for the previous lot. I know that there was the loan through ACL which would be serviced by the rent, but very event CCFC hosted - ACL profited from with F&B, parking, sponsorship and other streams.They wouldn't have secured the Ricoh sponsorship without the football club being there (which incidentally is up for renewal in 2015... That will be interesting) so they did secure a lot of monies with minimal effort..
You can see why they don't want to give them up. But if I park at Ricoh or buy a pie or even a hospitality box....I want that money to go to CCFC - not some venture fund put together by the council. Is that so unreasonable?
Its actually making me laugh !!
Why? Your reaction to his posts say quite a bit about you. A well written post is well written regardless of whether you agree or not.
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The club / or SISU (i am not sure which) have said they have moved on and are building a new stadium.
Surely that means any questions about ACL's accounts is in about as relevent as asking about the Granada Bingo accounts.
We are building a new stadium, and as a result ACL is in the past.
And yet we are constantly reminded on here that the new stadium is pie-in-the-sky fantasy. So, the Ricoh and ACL are very much part of our future. Particularly as I presume that's where we all want to be.
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