Moff
Well-Known Member
Fair enough!
In fairness that's a question of morality - which previously I've told you I agree with you on.
However, in discussing profitability, that's another issue; and not what this thread is about
Surely when grendel said that he had no way to see into the future, where as ccc could easily see how their busiNess was gOing money on month. Do businesses really only check the money situation once a year?Okay - answer the point I asked above. When Grendel said there would be no other sporting club who would take the Arena and that SISU were the only 'show in town' - was that a lie? His was a projection that's turned out wrong. CCC took a view that didn't turn out accurate in that given year. Why is one judgement a lie, and the other not?
Many people such as myself, who as you know is Saints fan, rubbished the idea of a local Rugby club such as the Tigers or Saints moving to the Ricoh, as they have healthy local fan bases so why leave them, and both have excellent homes, of which the Saints are planning to develope theirs.
I'm sure that CCC and that hag Lucas know full well that CCFC would have snapped their hands off for the chance to purchase it for £5.54M.
Rubbish. Like the reduced rent offer when Fisher was after an 'Average League One rent'; only to find our they wanted unfettered freehold access? Or in negotiations with Higgs when SISU were judged in the High Court to have 'no appetite' for a deal.
They wanted to distress ACL into the ground - as found by successive judges. Don't even try and pretend anything other than that was the case. And in so doing, they miscalculated the situation and ruined our football club in so doing. All events thereafter start when they began the rent-strike, and successive reactions when they didn't know when to stop turning the screw
Okay - answer the point I asked above. When Grendel said there would be no other sporting club who would take the Arena and that SISU were the only 'show in town' - was that a lie? His was a projection that's turned out wrong. CCC took a view that didn't turn out accurate in that given year. Why is one judgement a lie, and the other not?
Okay - answer the point I asked above. When Grendel said there would be no other sporting club who would take the Arena and that SISU were the only 'show in town' - was that a lie? His was a projection that's turned out wrong. CCC took a view that didn't turn out accurate in that given year. Why is one judgement a lie, and the other not?
This is exactly the point. Had SISU been given the same offer as Wasps they'd have ripped their hands off.
Devil's advocate -
Was £5.54million for a company which had just lost £400k "on the cheap"? Also worth noting, the council still retains the freehold.
I'm not saying it was right or wrong to sell to Wasps by the way. There are clearly many arguments for and against.
You might not be aware but Winkie courted Northampton Saints very hard, trying to franchise them to his stadium in Milton Keynes. Only last minute planning permission from the Council to develop Franklin's Gardens put pay to that.
Winkie started ''sports franchises'' in this country and the fallout continues. That's why I was so amazed 7,000 Cov fans were so blind as to visit his franchise Stadium.
i agree. It looks like the council have played a blinder, stuffing up two hedge funds at the same time.
Okay - answer the point I asked above. When Grendel said there would be no other sporting club who would take the Arena and that SISU were the only 'show in town' - was that a lie? His was a projection that's turned out wrong. CCC took a view that didn't turn out accurate in that given year. Why is one judgement a lie, and the other not?
Yet there are certain posters on here who would have been outraged if that had happened. For some reason this outrage was absent when Wasps bought the stadium.
Rubbish. Like the reduced rent offer when Fisher was after an 'Average League One rent'; only to find our they wanted unfettered freehold access? Or in negotiations with Higgs when SISU were judged in the High Court to have 'no appetite' for a deal.
Surely when grendel said that he had no way to see into the future, where as ccc could easily see how their busiNess was gOing money on month. Do businesses really only check the money situation once a year?
I ran a small business, I could quite easily tell you how much it would damage if I lost a certain client. Surely a big company with proper accountants and actual business people could see that?
Its the same as sisu would have known in the first month at sixfields how much damage it was doing.
Does that mean sisu lying about a new stadium as part of negotiations and playing the poker game is ok?
Surprise surprise.
Even now there are those on here still defending the council despite admitting that they lied. Why do these people have such affinity to a council?
Just like the Thorn debacle, the minority have once again been proven to be correct.
I agree with you, almost wholly. I run a business, and it's forecasting year-on-year is accurate to within 5%. It has to be.
But this is different business model with large tranches of income arriving from limited events/clients. Anchor tenant lost, business restructuring itself. Looking for other revenues - like concerts for example.
ACL may have had irons in the fire, and negotiations in place to attract a number of acts which didn't materialise. One big concert would turn that £400K into a break-even. It's quite easy to see how, looking at projections, you would state that things looked okay, only to latterly then be proven wrong by events
Let's all rejoyce at how they council have played a blinder and most likely caused long term damage to CCFC and CRFC.
Grendel's post was opinion, he was not directly involved and had no inside knowledge. CCC were part owners of ACL had full access to the accounts and should have clearly been able to tell if losing CCFC's £1.2m rent was going to cause problems or not. Not to mention they kept stating this same projection as fact long after it had stopped being a projection and was something that had actually taken place.
You might not be aware but Winkie courted Northampton Saints very hard, trying to franchise them to his stadium in Milton Keynes. Only last minute planning permission from the Council to develop Franklin's Gardens put pay to that.
Winkie started ''sports franchises'' in this country and the fallout continues. That's why I was so amazed 7,000 Cov fans were so blind as to visit his franchise Stadium.
fuck me, if Joy come out with a statement like this we would be on page 12 of abuse by now, not 'lets move on'.
And so there should be. This is a CCFC forum (not that you'd notice these days) and she is the custodian of CCFC. Is she not?
Mary_Mungo_Midge;845782. One big concert would turn that £400K into a break-even. [/QUOTE said:Fucking hell, did you do their projections?
No wonder they were apparently miles out.
Yet it's ok for a London rugby club to get a public asset on the cheap?
Is Lucas not the custodian (at the minute, being the leader and of the freehold) of the football ground our club plays in? Also quite an important figure if it comes to our club building a new stadium within the city?
Hasn't everybody lied?
Rubbish. Like the reduced rent offer when Fisher was after an 'Average League One rent'; only to find our they wanted unfettered freehold access? Or in negotiations with Higgs when SISU were judged in the High Court to have 'no appetite' for a deal.
They wanted to distress ACL into the ground - as found by successive judges. Don't even try and pretend anything other than that was the case. And in so doing, they miscalculated the situation and ruined our football club in so doing. All events thereafter start when they began the rent-strike, and successive reactions when they didn't know when to stop turning the screw
If it's loosing money how did they get it on the cheap?
Must...defend...council...must...defend...council...
Are you schizophrenic? Just two minutes ago you said Fisher was bluffing about the new stadium. Now you're saying it might happen after all. For the avoidance of any doubt please state whether or not you think the stadium has ANY chance of being built under SISU.
Does that mean sisu lying about a new stadium as part of negotiations and playing the poker game is ok?
Indeed they have. Yet some seem to offer blind support to one of these organisations.
Depends on if you're happy having your club used in an expensive gamble (one that's failed by the way incase you hadn't noticed).
Personally it's a no from me. How about you?
But surely after CCFC had actually gone they could see that they were in the shite, but still came out saying otherwise?
Just waiting on the thread saying how proud they are of the Council for their actions...
The last bit was tongue in cheek...
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