Sky Blue Dal
Well-Known Member
So at what rate???
@TheSimonGilbert: it has emerged that Yorkshire bank would have agreed to loan ACL £15.5m on the basis of restructuring the loan.
Er what?
You have a lot to say but from a position of anonymity which, IMHO, undermines your credibility. Why not be more transparent so that we can make an objective assessment of your comments? Do you work for the Council? Any links with Coventry Labour Party? Etc?
We're all trying to get to the actual facts here so you can see why transparency is a good thing can't you?
ACL not quite as distressed as SISU were making out then ?@TheSimonGilbert: It has emerged Yorkshire Bank would have agreed to loan ACL £15.5m on the basis of restructuring the loan.
Damn! And I'd've gotten away with it if it weren't for you meddling kids!
What does this mean?
The meaning is crystal clear to me.
But the interest rate offered by Yorkshire would have been much higher than the council loan. So higher repayments. Council offered a cheaper loan.
But the interest rate offered by Yorkshire would have been much higher than the council loan. So higher repayments. Council offered a cheaper loan.
So at what rate???
Share it then smarty pants.
Fucking hell Rob. You say Michael is trying to spin straight forward facts then come out with your last line.
You have a lot to say but from a position of anonymity which, IMHO, undermines your credibility. Why not be more transparent so that we can make an objective assessment of your comments? Do you work for the Council? Any links with Coventry Labour Party? Etc?
We're all trying to get to the actual facts here so you can see why transparency is a good thing can't you?
I will try to live with your doubts about my credibility Rob :facepalm:. Somehow I think I will survive. Never worked for Council or been a member of any political party.
Frankly I am more interested in seeing a solution now that is good for the club than raking over coals that can not be changed and that quite possibly puts the solution further away.
also if OSB does work for council i am taking the credit for that one and he can back me up as the original accuser!
Oh, and Sisu definitely think the council was trying to engineer a new owner for the club.
What a sad life you must lead !!
What a sad life you must lead !!
@TheSimonGilbert: Sisu QC presents evidence club believed rent was unaffordable and made it known to ACL in 2006. Asked for revenue streams in 2007
Our man Keith's popped out to write a quick summary of this morning's 'action'. What we can say is that any hopes this would be over within a couple of hours have been well and truly dashed. Unless I'm mistaken, we're going to be in it for the long haul.
Oh, and Sisu definitely think the council was trying to engineer a new owner for the club.
Why didn't sisu think of the unaffordable rent when they purchased the club?
Sisu carried out poor due diligence and now playing the victim.
Why didn't sisu think of the unaffordable rent when they purchased the club?
Sisu carried out poor due diligence and now playing the victim.
@TheSimonGilbert: Sisu QC presents evidence club believed rent was unaffordable and made it known to ACL in 2006. Asked for revenue streams in 2007
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