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Alan Higgs Charity (1 Viewer)

  • Thread starter wafw1971
  • Start date Dec 24, 2013
Forums New posts

wafw1971

New Member
  • Dec 24, 2013
  • #1
What did Alan Higgs Charity actually buy half off when they stepped in for CCFC, I have forgotten who owns what, who is suing who.
 

letsallsingtogether

Well-Known Member
  • Dec 24, 2013
  • #2
Off CCFC who already owed them 3 million and had no equity or ground which they had already sold, to be able to pay them back or build a new one.

Yes 60 million in debt and we owned our own ground before that?

wafw1971 said:
What did Alan Higgs Charity actually buy half off when they stepped in for CCFC, I have forgotten who owns what, who is suing who.
Click to expand...
 

italiahorse

Well-Known Member
  • Dec 24, 2013
  • #3
I believe it was for half the Leasehold. The stadium is owned by the council,
 

shmmeee

Well-Known Member
  • Dec 24, 2013
  • #4
italiahorse said:
I believe it was for half the Leasehold. The stadium is owned by the council,
Click to expand...

It was the clubs 50% of ACL that I believe came with all footballl revenues as well as 50% of the rest of the revenues.
 
W

wingy

Well-Known Member
  • Dec 24, 2013
  • #5
shmmeee said:
It was the clubs 50% of ACL that I believe came with all footballl revenues as well as 50% of the rest of the revenues.
Click to expand...

And from what is possible to see have not made or taken a penny for themselves .
 

shmmeee

Well-Known Member
  • Dec 24, 2013
  • #6
wingy said:
And from what is possible to see have not made or taken a penny for themselves .
Click to expand...

I think all profits from ACL has been plowed back into the business either through investment or debt repayment. I could be wrong though.
 
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