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Mean while back in court (1 Viewer)

  • Thread starter sotonskyblue
  • Start date Feb 2, 2016
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Captain Dart

Well-Known Member
  • Feb 5, 2016
  • #456
skybluetony176 said:
Cheers for the links. I won't get time to read them until later but maybe you already know the answer to this? If the judges rule that they can't go to the Europe can they appeal that decision and SISU basically start the appeal process all over again?
Click to expand...

i have absolutely no idea, I'm just googling stuff about EU law. If SISU get blocked they will just start JR2 & involve Wasps. That appears to be the strategy, litigation, litigation & more litigation, ethics & justice of cause does not come into it. Just keep plugging away till the other guy surrenders.
 

torchomatic

Well-Known Member
  • Feb 5, 2016
  • #457
Goodness. What do you do with yourself between court cases?

Captain Dart said:
i have absolutely no idea, I'm just googling stuff about EU law. If SISU get blocked they will just start JR2 & involve Wasps. That appears to be the strategy, litigation, litigation & more litigation, ethics & justice of cause does not come into it. Just keep plugging away till the other guy surrenders.
Click to expand...
 

Captain Dart

Well-Known Member
  • Feb 5, 2016
  • #458
torchomatic said:
Goodness. What do you do with yourself between court cases?
Click to expand...

Enter a trance like state
 

Skyblueweeman

Well-Known Member
  • Feb 5, 2016
  • #459
dongonzalos said:
The Lord himself said any damages would likely come from the government.
(Well not the 'Lord') a Lord
Click to expand...

What, LordSummerisle?
 

covcity4life

Well-Known Member
  • Feb 5, 2016
  • #460
council are pathetic
 

Nick

Administrator
  • Feb 5, 2016
  • #461
covcity4life said:
council are pathetic
Click to expand...

 
D

dongonzalos

Well-Known Member
  • Feb 5, 2016
  • #462
Not sure how I feel about this now.
If knew for certain the government would be paying damages. It may change my perspective.
They have taken a lot of my money over the last few years. So may not bother me as much. If it gets SISU's investors their money back and allows SISU to sell up. Or allows them to attempt to run the football side of things correctly then that could be interesting.
If the it comes out of local council funds I wouldn't agree with that. As that could directly affect the people of coventry.
Interesting change of dynamics
 

covcity4life

Well-Known Member
  • Feb 5, 2016
  • #463
Nick said:
Click to expand...

dont get it

sweeping statement?
 

Nick

Administrator
  • Feb 5, 2016
  • #464
dongonzalos said:
Not sure how I feel about this now.
If knew for certain the government would be paying damages. It may change my perspective.
They have taken a lot of my money over the last few years. So may not bother me as much. If it gets SISU's investors their money back and allows SISU to sell up. Or allows them to attempt to run the football side of things correctly then that could be interesting.
If the it comes out of local council funds I wouldn't agree with that. As that could directly affect the people of coventry.
Interesting change of dynamics
Click to expand...

If it comes out of the local council funds then either way it would be down to the council wouldn't it? If they lose the goverment millions of tax payers money, it would also be down to the council?

I am not sure when they band about 10's of millions in compo. Surely they have to prove they lost 10's of millions in the first place?
 

Nick

Administrator
  • Feb 5, 2016
  • #465
covcity4life said:
dont get it

sweeping statement?
Click to expand...

Nah somebody to sweep it under the carpet.
 
J

John_Silletts_Nose

Well-Known Member
  • Feb 5, 2016
  • #466
Replied too late
 

Nick

Administrator
  • Feb 5, 2016
  • #467
It would be very interesting how it was spun if the council did have to pay out though wouldn't it?
 

torchomatic

Well-Known Member
  • Feb 5, 2016
  • #468
Amazing really that you still refuse to accept the Council are at any way to blame for the predicament we all find ourselves.

dongonzalos said:
Not sure how I feel about this now.
If knew for certain the government would be paying damages. It may change my perspective.
They have taken a lot of my money over the last few years. So may not bother me as much. If it gets SISU's investors their money back and allows SISU to sell up. Or allows them to attempt to run the football side of things correctly then that could be interesting.
If the it comes out of local council funds I wouldn't agree with that. As that could directly affect the people of coventry.
Interesting change of dynamics
Click to expand...
 

Nick

Administrator
  • Feb 5, 2016
  • #469
torchomatic said:
Amazing really that you still refuse to accept the Council are at any way to blame for the predicament we all find ourselves.
Click to expand...

It would be SISU taking it from Tax Payers and poor kids mouths rather than the council screwing up. You should know this...
 

torchomatic

Well-Known Member
  • Feb 5, 2016
  • #470
I do know it, but it still shocks when I read some of the stuff on here.

Nick said:
It would be SISU taking it from Tax Payers and poor kids mouths rather than the council screwing up. You should know this...
Click to expand...
 

Captain Dart

Well-Known Member
  • Feb 5, 2016
  • #471
Nick said:
It would be SISU taking it from Tax Payers and poor kids mouths rather than the council screwing up. You should know this...
Click to expand...

Now if it was diverted from Camilla Batmanjelly's lifestyle fund I'd be OK with that.
 

Nick

Administrator
  • Feb 5, 2016
  • #472
torchomatic said:
I do know it, but it still shocks when I read some of the stuff on here.
Click to expand...

Just the same as people who probably won't acknowledge the stuff that came out about Wasps.

If it came out CCFC planned to move to Northampton 2 years earlier, it would be an Exclusive with 5 articles made out of it.
 

Nick

Administrator
  • Feb 5, 2016
  • #473
Captain Dart said:
Now if it was diverted from Camilla Batmanjelly's lifestyle fund I'd be OK with that.
Click to expand...

Saw about her the other day on a documentary. I think she was bribing the fashion police.
 

torchomatic

Well-Known Member
  • Feb 5, 2016
  • #474
You should try watching football.

Captain Dart said:
Enter a trance like state
Click to expand...
 

Captain Dart

Well-Known Member
  • Feb 5, 2016
  • #475
torchomatic said:
You should try watching football.
Click to expand...

I'd have to watch Villa to get the same effect wouldn't I?
 

italiahorse

Well-Known Member
  • Feb 5, 2016
  • #476
Still can't see how CCFC was forced to go to Northampton and as a result expect compensation.
Surely they could have stayed at the Ricoh, admittedly with the agreed high rent still in place.
It's as if Sisu are saying that because you won't lower the agreed rent its your fault we are leaving.
In retrospect ACL/CCC should have been more understanding of the club but keeping CCFC to the contract is not illegal.

The loan that CCC supplied to the Ricoh will always come down to whether it was at market rates which should also reflect the risk.
Both teams yesterday in their presentations tried to either show increased risk (Sisu) or low risk (CCC).
A decision can't be an exact calculation on this, so it will come down to the judges evaluation.

All these court cases and no real answers or am I missing something ?
 

italiahorse

Well-Known Member
  • Feb 5, 2016
  • #477
Nick said:
Just the same as people who probably won't acknowledge the stuff that came out about Wasps.

If it came out CCFC planned to move to Northampton 2 years earlier, it would be an Exclusive with 5 articles made out of it.
Click to expand...

Sisu would have known from day one that they could stress ACL by moving out.
Don't give them any credit for not considering it. That's what hedge funds do.
 

Hobo

Well-Known Member
  • Feb 5, 2016
  • #478
Shouldn't this thread be adjourned like the actual case?
 

chiefdave

Well-Known Member
  • Feb 5, 2016
  • #479
italiahorse said:
The loan that CCC supplied to the Ricoh will always come down to whether it was at market rates which should also reflect the risk.
Both teams yesterday in their presentations tried to either show increased risk (Sisu) or low risk (CCC).
Click to expand...

What strikes me as a bit odd is that CCC took over the loan due to a fear YB would call it in. That is an indication that the loan was relatively high risk. Yet when CCC made the loan it was reported as being a good thing as they would now be paying a lower interest rate. Wouldn't you expect the interest rate to rise to reflect the risk if it was being made on a commercial basis.

If a commercial lender was perpared to lend to them on the same terms why did they go with the council? A commercial loan would never have led to all this legal rubbish.
 
D

dongonzalos

Well-Known Member
  • Feb 5, 2016
  • #480
Nick said:
If it comes out of the local council funds then either way it would be down to the council wouldn't it? If they lose the goverment millions of tax payers money, it would also be down to the council?

I am not sure when they band about 10's of millions in compo. Surely they have to prove they lost 10's of millions in the first place?
Click to expand...

If they Government are liable I assume they will pay. Otherwise what's the point of involving them.
If it comes out the council's budget I don't want SISU to win as that directly affects the people of Coventry.
If the Government pay up then that's the central pot.
 
D

dongonzalos

Well-Known Member
  • Feb 5, 2016
  • #481
torchomatic said:
Amazing really that you still refuse to accept the Council are at any way to blame for the predicament we all find ourselves.
Click to expand...

I didn't say anything about blame. I said if the money is to be paid out by the council I would prefer the council to win. Especially if it affects the people of Coventry.
If it's to be paid out by central Government then I may change my opinion on that.
Blame wise I have always said both parties share blame but I apportion a larger share of the blame on SISU. So they don't deserve to win IMO however if they win and central Government pay out and that either allows SISU to sell up or stay but run the football club in the championship in a manner that they should have done in the first place.
Then that could be a different way of thinking
 

albatross

Well-Known Member
  • Feb 5, 2016
  • #482
Nick said:
If it comes out of the local council funds then either way it would be down to the council wouldn't it? If they lose the goverment millions of tax payers money, it would also be down to the council?

I am not sure when they band about 10's of millions in compo. Surely they have to prove they lost 10's of millions in the first place?
Click to expand...


look at the current balance sheet and annual reports. Big losses. you could argue that the balance sheet was set up just for this potential outcome.
 
D

dongonzalos

Well-Known Member
  • Feb 5, 2016
  • #483
Sorry Nick just re read your post
Thought you were saying the council would still pay up.
You are talking about whose fault it is. Yes it would still be down to the council if the judges decide that way. That's not really relevant to my post though. But yes I agree with you
 
Last edited: Feb 5, 2016

torchomatic

Well-Known Member
  • Feb 5, 2016
  • #484
But...if the council are found to be at fault and they have to pay out then surely that is their fault?

dongonzalos said:
I didn't say anything about blame. I said if the money is to be paid out by the council I would prefer the council to win. Especially if it affects the people of Coventry
Click to expand...
 

Nick

Administrator
  • Feb 5, 2016
  • #485
italiahorse said:
Sisu would have known from day one that they could stress ACL by moving out.
Don't give them any credit for not considering it. That's what hedge funds do.
Click to expand...
They were probably planning the move before they even took over, then spouted out the Coventry line to keep people sweet. Then moved.
 

Nick

Administrator
  • Feb 5, 2016
  • #486
italiahorse said:
Still can't see how CCFC was forced to go to Northampton and as a result expect compensation.
Surely they could have stayed at the Ricoh, admittedly with the agreed high rent still in place.
It's as if Sisu are saying that because you won't lower the agreed rent its your fault we are leaving.
In retrospect ACL/CCC should have been more understanding of the club but keeping CCFC to the contract is not illegal.

The loan that CCC supplied to the Ricoh will always come down to whether it was at market rates which should also reflect the risk.
Both teams yesterday in their presentations tried to either show increased risk (Sisu) or low risk (CCC).
A decision can't be an exact calculation on this, so it will come down to the judges evaluation.

All these court cases and no real answers or am I missing something ?
Click to expand...
They used wasps as a reason for it being low risk....
 
D

dongonzalos

Well-Known Member
  • Feb 5, 2016
  • #487
torchomatic said:
But...if the council are found to be at fault and they have to pay out then surely that is their fault?
Click to expand...

Yes but I will say it again I never said anything about blame in my post. You did in your reply.
 

Nick

Administrator
  • Feb 5, 2016
  • #488
dongonzalos said:
Yes but I will say it again I never said anything about blame in my post. You did in your reply.
Click to expand...
Because it wouldn't be sisu...
 
D

dongonzalos

Well-Known Member
  • Feb 5, 2016
  • #489
Nick said:
Because it wouldn't be sisu...
Click to expand...

Because it wasn't relevant to my post. Would you like me to add a random line about blame at the end of every post
 

fernandopartridge

Well-Known Member
  • Feb 5, 2016
  • #490
albatross said:
look at the current balance sheet and annual reports. Big losses. you could argue that the balance sheet was set up just for this potential outcome.
Click to expand...

Because prior to all this the club wasn't making big losses.
 
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