Alan Higgs Charity (1 Viewer)

[wafw1971]

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]

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?

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.

 

[italiahorse]

I believe it was for half the Leasehold. The stadium is owned by the council,

 

[shmmeee]

I believe it was for half the Leasehold. The stadium is owned by the council,

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.

 

[wingy]

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.

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

 

[shmmeee]

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

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