D
My point is exactly what I wrote!
I said what I heard in the radio interview above. If that is an unfair interpretation of what I heard, or I misheard, or I misremember, I'm sure as the speaker of that interview lurks he'll come along and correct me. What I'm buggered if I'm doing is ploughing through a load of CWR listen again tripe to find it!
I'd like him to correct me, believe me I'd like him to! It'd be fantastic if the Higgs share was available to be sold to the club, whoever owned the club. I'd rather this was the case than otherwise!
My point was that when ACL pay the mortgage back as they will eventually, then who owns it? I'm well aware of how it works at the moment.
As I see it: CCC have the freehold. ACL have the leasehold. ACL took a mortgage to pay for the cost of the lease. Once they clear the mortgage - irrespective of lender - they don't assume any more ownership of the stadium; just ownership of the lease to run the stadium. As such, their earnings would increase as they wouldn't have the same outgoings (mortgate payments) to offset income
Yes, that sounds about right.
Of course the less time on the lease the less value in the business too. A longer lease would be nice whoever owns ACL.
Yes, that sounds about right.
Of course the less time on the lease the less value in the business too. A longer lease would be nice whoever owns ACL.
What needs correcting is what I heard on his CWR interview, if I misheadimp:
Isn't this a bit pointless, as you're arguing against me on a totally separate point, where I'm not arguing with you at all as for all I know Tim Fisher was a cameo in Bodger and Badger and was crying about mashed potato, as I neither heard, misheard, read nor misread that, so can have no opinion other than the quote you put up, which I'm more than happy to accept!
Isn't there about 41-42 years left on the lease, something like that? I think that's enough time for ACL to build a contingency.
I reckon godiva's got some kind of radar on his pc that alerts him to when these type of threads pop up???
Is he a cock sucker or a rent boy?
He's SISU scum. Blatantly. I was hoping he was going to post on the James Bailey thread, but then that would be to confuse him with being a football fan.
As I see it: CCC have the freehold. ACL have the leasehold. ACL took a mortgage to pay for the cost of the lease. Once they clear the mortgage - irrespective of lender - they don't assume any more ownership of the stadium; just ownership of the lease to run the stadium. As such, their earnings would increase as they wouldn't have the same outgoings (mortgate payments) to offset income
Both
And you are a Trainspotter...
I don't think so chap,a bit of an old crank maybe....
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