Charity statement on court case (1 Viewer)

oldskyblue58 · Apr 3, 2014

from the charity website http://www.higgscharity.org.uk/high-court-decision/

The Trustees are disappointed at the decision not to allow its claim for £29,000 for fees incurred. The Trustees are however pleased that the counterclaim for £290,000 was dismissed as "hopeless" and that the judge made plain that the criticisms made by Sisu of the Trustees' conduct were "misplaced and unfortunate allegations". The Trustees were duty bound to pursue their claim and defend Sisu's counterclaim in order to protect the Charity's funds.

Given the judge's decisions each party agreed to meet their own costs

chiefdave · Apr 3, 2014

oldskyblue58 said:
Given the judge's decisions each party agreed to meet their own costs

Given that it was SISU and not CCFC that incurred costs it would be nice to know if they've paid it or it's been lumped onto our debt.

duffer · Apr 3, 2014

chiefdave said:
Given that it was SISU and not CCFC that incurred costs it would be nice to know if they've paid it or it's been lumped onto our debt.

They'll offer the QC a third of the bill and when he doesn't take it, walk away.

dongonzalos · Apr 3, 2014

So can PWKH now freely speak or are SISU still suggesting he is part of a conspiracy

lordsummerisle · Apr 3, 2014

dongonzalos said:
So can PWKH now freely speak or are SISU still suggesting he is part of a conspiracy

There are no conspiracies.

They're invented by Governments to hide what they're really doing.

Grendel · Apr 3, 2014

Higgs paying their costs? WHAT ABOUT THE CHILDREN.

Nick · Apr 3, 2014

I wonder if pr companies from either side post on here

Spionkop · Apr 3, 2014

You do a good enough PR job for Sisu as it is Nick. Don't be shy about it.

letsallsingtogether · Apr 3, 2014

Why would you give a fuck anyway you hate the charity as much as CCC.

Grendel said:
Higgs paying their costs? WHAT ABOUT THE CHILDREN.

Grendel · Apr 3, 2014

letsallsingtogether said:
Why would you give a fuck anyway you hate the charity as much as CCC.

I am totally disentrested in them. They persued an action against another organisation that a court of law deemed was not owed, not very charitable.

lordsummerisle · Apr 3, 2014

letsallsingtogether said:
Why would you give a fuck anyway you hate the charity as much as CCC.

CCC hate the charity?

No wonder they're not getting on.

dongonzalos · Apr 3, 2014

Grendel said:
I am totally disentrested in them. They persued an action against another organisation that a court of law deemed was not owed, not very charitable.

When will get your head round their obligations when they are owed a debt?

Deleted member 5849 · Apr 3, 2014

dongonzalos said:
When will get your head round their obligations when they are owed a debt?

tbf, in this instance it appears they weren't owed a debt.

RFC · Apr 3, 2014

Nick said:
I wonder if pr companies from either side post on here

To be perfectly honest Nick I don't know but would guess so.

Brighton Sky Blue · Apr 3, 2014

Grendel said:
I am totally disentrested in them. They persued an action against another organisation that a court of law deemed was not owed, not very charitable.

They bailed out a failing football club to the tune of £6m so it would avoid self-inflicted administration, sounds quite generous to me.

lordsummerisle · Apr 3, 2014

RFC said:
To be perfectly honest Nick I don't know but would guess so.

I'd think that you'd be one of Weber Shandwicks if you hadn't been as mental on the CET forum too.

covmark · Apr 3, 2014

Is this the daily insult thread.
Good. Wankers

letsallsingtogether · Apr 3, 2014

Who in turn tried to take a whole years funding off them to try and bankrupt them?

Grendel said:
I am totally disentrested in them. They persued an action against another organisation that a court of law deemed was not owed, not very charitable.

lordsummerisle · Apr 3, 2014

Brighton Sky Blue said:
They bailed out a failing football club to the tune of £6m so it would avoid self-inflicted administration, sounds quite generous to me.

Something that should never have happened.

Deleted member 5849 · Apr 3, 2014

Brighton Sky Blue said:
They bailed out a failing football club to the tune of £6m so it would avoid self-inflicted administration, sounds quite generous to me.

There's one thing in that that always made me slightly uncomfortable however, and if the desire to avoid administration was actually to the benefit of the club... or the shareholders at the time.

I'd suspect the latter.

A club in administration that owned an option to buy back Highfield Road, and a stake in an (albeit convoluted) setup for a new stadium, would be infinitely more saleable and attractive.

But maybe not helpful to those who owned it at the time than muddling on.

Nick · Apr 3, 2014

Spionkop said:
You do a good enough PR job for Sisu as it is Nick. Don't be shy about it.

Of course, don't you remember me from pr school? You went off to do the advertising for scope didn't you? Wasted really as you are a great advert for contraception.

Brighton Sky Blue · Apr 3, 2014

Deleted member 5849 said:
There's one thing in that that always made me slightly uncomfortable however, and if the desire to avoid administration was actually to the benefit of the club... or the shareholders at the time.

I'd suspect the latter.

A club in administration that owned an option to buy back Highfield Road, and a stake in an (albeit convoluted) setup for a new stadium, would be infinitely more saleable and attractive.

But maybe not helpful to those who owned it at the time than muddling on.

Perhaps it was part of a desperate attempt to retain power rather than some other buyer coming in. It's very easy to look back more than 10 years on and say they made a mistake selling it-for all we know there may not have been any interested parties and that £6m kept the club in business.

My point was the charity stumped up that amount in the belief that they were preserving the club, which most certainly is 'charitable' in my eyes.

skybluetony176 · Apr 3, 2014

Grendel said:
Higgs paying their costs? WHAT ABOUT THE CHILDREN.

What is wrong with you?

Brighton Sky Blue · Apr 3, 2014

lordsummerisle said:
Something that should never have happened.

If we hadn't racked up obscene debt under McGinnity's mate Bryan then there wouldn't have been a need.

lordsummerisle · Apr 3, 2014

Brighton Sky Blue said:
Perhaps it was part of a desperate attempt to retain power rather than some other buyer coming in. It's very easy to look back more than 10 years on and say they made a mistake selling it-for all we know there may not have been any interested parties and that £6m kept the club in business.

My point was the charity stumped up that amount in the belief that they were preserving the club, which most certainly is 'charitable' in my eyes.

But within the charitable aims of the founder?

Keeping multi-millionaire owners and players of a failing football club from having to lose money surely not his original intention?

Deleted member 5849 · Apr 3, 2014

Brighton Sky Blue said:
My point was the charity stumped up that amount in the belief that they were preserving the club, which most certainly is 'charitable' in my eyes.

My question has always been why a charity loaned money to a loss making basket case of a football club in the first place!

Nick · Apr 3, 2014

Deleted member 5849 said:
My question has always been why a charity loaned money to a loss making basket case of a football club in the first place!

Hate to say it but isn't the answer due dilligence? Clearly their own fault.

(By the workings out of most of the sisu haters, I don't believe this)

Brighton Sky Blue · Apr 3, 2014

lordsummerisle said:
But within the charitable aims of the founder?

Keeping multi-millionaire owners and players of a failing football club from having to lose money surely not his original intention?

Suppose if the club had gone out of existence it would've had a hugely negative impact on the city which is how they would've justified it.

Buster · Apr 3, 2014

Deleted member 5849 said:
tbf, in this instance it appears they weren't owed a debt.

The charity is obliged to persue all possible debts . It didn't cease becoming a debt until the judge ruled this afternoon

letsallsingtogether · Apr 3, 2014

Well one reason was that the founder was a avid CCFC supporter,

Deleted member 5849 said:
My question has always been why a charity loaned money to a loss making basket case of a football club in the first place!

Brighton Sky Blue · Apr 3, 2014

Deleted member 5849 said:
My question has always been why a charity loaned money to a loss making basket case of a football club in the first place!

Again, retrospect helps us a lot here-maybe at the time the charity genuinely expected the club to be able to buy the share back quickly. I was only 12/13 at the time!

lordsummerisle · Apr 3, 2014

Brighton Sky Blue said:
Suppose if the club had gone out of existence it would've had a hugely negative impact on the city which is how they would've justified it.

Worked out well then!

wingy · Apr 3, 2014

Nick said:
Of course, don't you remember me from pr school? You went off to do the advertising for scope didn't you? Wasted really as you are a great advert for contraception.

Ouich ,refrain yourself man.

Deleted member 5849 · Apr 3, 2014

letsallsingtogether said:
Well one reason was that the founder was a avid CCFC supporter,

And the founder's son a current CCFC director at the time, I suppose.

Brighton Sky Blue · Apr 3, 2014

lordsummerisle said:
Worked out well then!

Retrospect is a wonderful thing.

Charity statement on court case (1 Viewer)

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