lordsummerisle
Well-Known Member
The council don't think it's viable without the football club, makes you wonder why they risked £15million in shoring it up.
Where you're doing yourself no favours here Grendel is to incessantly sneer at other income streams. ACL claim they need no other income, and could survive without the football club. OSB produces figures, extrapolated from filed accounts that seem to back up this claimed viability.
Any additional income, liberated from ACL being freed from the football club's absence; would purely be icing in the cake.
Or maybe you disagree with both OSB and ACL's board?
Where you're doing yourself no favours here Grendel is to incessantly sneer at other income streams. ACL claim they need no other income, and could survive without the football club. OSB produces figures, extrapolated from filed accounts that seem to back up this claimed viability.
Any additional income, liberated from ACL being freed from the football club's absence; would purely be icing in the cake.
Or maybe you disagree with both OSB and ACL's board?
The council don't think it's viable without the football club, makes you wonder why they risked £15million in shoring it up.
They risked 15M of tax payers money to shore it up.
Yeah, I just said that.
They risked 15M of tax payers money to shore it up.
No they didn't. It is a debt secured against the Arena..
Are Northampton rugby club coming to town? Thought not. I know I am right when simple folk like Dagdad take the other side.
And so you prove my point. Don't have the wherewithal to pick holes in OSB's figures, and therefore simply sneer at people. As stated before, it does you no favours
The council don't think it's viable without the football club, makes you wonder why they risked £15million in shoring it up.
You would have thought that the council would have far more detailed figures to peruse than the ones OSB quotes, and they don't think it's viable without the football club.
Where gave they stated that? From a financial perspective?
Where you're doing yourself no favours here Grendel is to incessantly sneer at other income streams. ACL claim they need no other income, and could survive without the football club. OSB produces figures, extrapolated from filed accounts that seem to back up this claimed viability.
Any additional income, liberated from ACL being freed from the football club's absence; would purely be icing in the cake.
Or maybe you disagree with both OSB and ACL's board?
What do you expect Grendel to do MMM when he is in essence being called an idiot, a muppet and a strange case, he is hardly going to shower these fools with flowers is he?
Grendel and Torch have an opinion and I would have to say it's my opinion as well
Look back. He actually uses the words 'idiot' and 'moronic' in an offering. As such, he's ever liable to get a curt response from others.
And then goes on to tell OSB he doesn't feel comfortable with looking at figures on a thread that's about viability. If you don't understand, don't comment. It's like Barry Chuckle speaking at a G8 summit
Look back. He actually uses the words 'idiot' and 'moronic' in an offering. As such, he's ever liable to get a curt response from others.
And then goes on to tell OSB he doesn't feel comfortable with looking at figures on a thread that's about viability. If you don't understand, don't comment. It's like Barry Chuckle speaking at a G8 summit
See more insults.. What is the point? I do see what OSB says and I am sure OSB would suggest that even his figures are not taken from ACL's accounts or he could settle this debate either way..
And before you start another argument you can't finish Paul is the better of the two not Barry!!!!
hallelujah
It's like Barry Chuckle speaking at a G8 summit
No they didn't. It is a debt secured against the Arena..
What secured against the Arena that had to be bailed out due to its debt to Yorkshire Bank...I take it we are talking about the same Arena here?
The arrangement constitutes a restructuring of debts to a more favourable position, just a common sense thing to do in the circumstance.
In other words ACL could not afford the mortgage without a bail our (sorry "restructuring")
And so you prove my point. Don't have the wherewithal to pick holes in OSB's figures, and therefore simply sneer at people. As stated before, it does you no favours
Grendel, amidst so many posts you might have missed ny question to you - I've said earlier in this thread that the acl/council position is easy to understand but I don't see what sisu do next. What's your view?
As I read the article in the CT the council officers statement was given to Councillors before the vote on the financial restructuring so before the lower loan payments CCFC rent was critical now the lower payments are "alleviating ACL’s dependency on rent from Sky Blues"
So in summary before restructuring CCFC rent was critical now it isn't.
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