Sky Blue Kid
Well-Known Member
Torchy You forgot to highlight the next four words....Don't worry, I've saved you the trouble
"That is usually unlikely."
"That is usually unlikely."
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OK fellow footy pollsters.... (3 Viewers)
- Thread starter Paxman II
- Start date
Sky Blue Kid
Well-Known Member
Torchy You forgot to highlight the next four words....Don't worry, I've saved you the trouble
"That is usually unlikely."
"That is usually unlikely."
Sky Blue Kid
Well-Known Member
Sorry for the double post....Fook it No I'm not.
torchomatic
Well-Known Member
Let's hope it is unlikely, eh?
Nice of you to highlight four words while ignoring the previous 37.
Nice of you to highlight four words while ignoring the previous 37.
Torchy You forgot to highlight the next four words....Don't worry, I've saved you the trouble
"That is usually unlikely."
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Sky Blue Kid
Well-Known Member
Now I'm going to quote PWKH........... "The fact is that ACL have started a process that could lead to Administration."
Now!...When I went to school, Liquidation wasn't spelled...ADMINISTRATION!
Now!...When I went to school, Liquidation wasn't spelled...ADMINISTRATION!
torchomatic
Well-Known Member
What about the following sentence, those 23 little words you decided not to quote in big bold type? What is the final word of that sentence?
Oh, that paragraph from PWKH has gotta hurt. You got served big time there, I think. :claping hands:
Oh, that paragraph from PWKH has gotta hurt. You got served big time there, I think. :claping hands:
Now I'm going to quote PWKH........... "The fact is that ACL have started a process that could lead to Administration."
Now!...When I went to school, Liquidation wasn't spelled...ADMINISTRATION!
Sky Blue Kid
Well-Known Member
@ Torchy....
Pity YOU failed to recognise the fourteen words highlighted in my last post eh?
Pity YOU failed to recognise the fourteen words highlighted in my last post eh?
torchomatic
Well-Known Member
That's right, you keep on ignoring it and it will go away. :facepalm:
Yes, I read those words. I wanted you to acknowledge the second sentence, but you won't, because you know you've made a fool of yourself. Again. Nice one.
Yes, I read those words. I wanted you to acknowledge the second sentence, but you won't, because you know you've made a fool of yourself. Again. Nice one.
@ Torchy....
Pity YOU failed to recognise the fourteen words highlighted in my last post eh?
Sky Blue Kid
Well-Known Member
The one and only fact here is....ACL started a process for Administration, which is clarified by PWKH....Hence, the 18 years old words come into play...End of!
Mucca Mad Boys
Well-Known Member
My honourable friend,
"The Board of ACL has already issued a Statutory Demand for payment, the deadline for which has long since passed, and is now looking at its legal options. These legal options include petitioning the courts to grant an order to wind up CCFC and starting off the process of placing the Club into compulsory liquidation."
Your words, sir. Just to confirm, you are not suffering from amnesia, sir?
Mucca Mad Boys
Well-Known Member
The one and only fact here is....ACL started a process for Administration, which is clarified by PWKH....Hence, the 18 years old words come into play...End of!
Now I'm going to quote PWKH........... "The fact is that ACL have started a process that could lead to Administration."
Now!...When I went to school, Liquidation wasn't spelled...ADMINISTRATION!
"The Board of ACL has already issued a Statutory Demand for payment, the deadline for which has long since passed, and is now looking at its legal options. These legal options include petitioning the courts to grant an order to wind up CCFC and starting off the process of placing the Club into compulsory liquidation."
torchomatic
Well-Known Member
Yes, administration. But, if a buyer can't be found then it would "probably lead to liquidation". I'm not saying it will, PWKH is not saying it will and you are not saying it will, but it a possibility. So, (keep up with me here) to sum up ACLs action could in the worse possible case lead to liquidation which is the point I've been trying to make for the last goodness knows how many pages!
The one and only fact here is....ACL started a process for Administration, which is clarified by PWKH....Hence, the 18 years old words come into play...End of!
Mucca Mad Boys
Well-Known Member
SBTalor says.......
#ComebackOfTheCentury! :facepalm:
The opening gambit of a 18 years old "Dickhead"......Quote....I think you're living prove that footballers are generally 'not bright'. Without being disrespectful...
It doesn't say much for Rugby players!....Does it?
#Sarcasm
Generally, Rugby players are more intelligent than footballers, even after losing billions of brain cells... I don't think you buck the trend to be brutally honest.
Mucca Mad Boys
Well-Known Member
Paxman II
Well-Known Member
Again....there are some on here who clearly have no sense or understanding of the legal process.
ACL's actions in bringing their petition to court is to find the club insolvent (CCFC) and in doing would lead to the appointment of an Administrator.
They would run the club while trying to find a buyer. Meantime the Football League will convene and decide what action to take under their rules. This is likely to happen at a later date beyond 28th March (their deadline day) and certainly if the hearing is appealed by CCFC we will almost certainly be looking at a points deduction next season. How large that deduction becomes depends on a CVA and other factors they will consider.
Mean time if the administrator fails and as SISU are it's largest debt holders, they may well find avenues difficult, we could end up being placed into liquidation.
That sums up what might happen because of ACL's actions. Those are facts.
As for CCFC? Well SISU hold the purse strings that keep them alive. They could end this immediately by agreeing payment of the debt.
They live on to fight another day and seek further talks on trying to get additional revenue streams from the Ricoh.
IF any new owner came in they too would certainly want a lower rent, access to more revenue streams and some guarantee of a share in the Ricoh at the very least.
I suspect if we have an investor like the Texan fella whispered about he will be seeking some ownership of the stadium, perhaps complete ownership and for sure the rights to development around the site. That is the key for them I would have thought. He will have to run and operate a football team in the process and the more successful he makes them the better for him. To do that he will want the site development and a slice (if not all) of the Ricoh. Buying the football club from administrators would be a cheaper option than from SISU. that's only one part of his deal. He won't do it though without that cake slice. For the moment he is not any part of what's going on and we must concentrate on the main facts stated above and not lose sight of that with this alarming sentiment about a Texan. If ACL are backing this as their main card it's a very big risk indeed unless they have already got an agreement in principal and if they have, that poses legal problems for them from SISU. So don't think they will have.
ACL's actions in bringing their petition to court is to find the club insolvent (CCFC) and in doing would lead to the appointment of an Administrator.
They would run the club while trying to find a buyer. Meantime the Football League will convene and decide what action to take under their rules. This is likely to happen at a later date beyond 28th March (their deadline day) and certainly if the hearing is appealed by CCFC we will almost certainly be looking at a points deduction next season. How large that deduction becomes depends on a CVA and other factors they will consider.
Mean time if the administrator fails and as SISU are it's largest debt holders, they may well find avenues difficult, we could end up being placed into liquidation.
That sums up what might happen because of ACL's actions. Those are facts.
As for CCFC? Well SISU hold the purse strings that keep them alive. They could end this immediately by agreeing payment of the debt.
They live on to fight another day and seek further talks on trying to get additional revenue streams from the Ricoh.
IF any new owner came in they too would certainly want a lower rent, access to more revenue streams and some guarantee of a share in the Ricoh at the very least.
I suspect if we have an investor like the Texan fella whispered about he will be seeking some ownership of the stadium, perhaps complete ownership and for sure the rights to development around the site. That is the key for them I would have thought. He will have to run and operate a football team in the process and the more successful he makes them the better for him. To do that he will want the site development and a slice (if not all) of the Ricoh. Buying the football club from administrators would be a cheaper option than from SISU. that's only one part of his deal. He won't do it though without that cake slice. For the moment he is not any part of what's going on and we must concentrate on the main facts stated above and not lose sight of that with this alarming sentiment about a Texan. If ACL are backing this as their main card it's a very big risk indeed unless they have already got an agreement in principal and if they have, that poses legal problems for them from SISU. So don't think they will have.
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Sky Blue Kid
Well-Known Member
A bit slow tonight aren't we SBTAYLOR?
As I pointed out last night....ACL are looking at it's legal options(More than one)....Now I'll say this slowly, just for you....These legal options include an order to "wind up" CCFC. This option is one of a few...Still with me?...ACL have in actual fact gone down the road of ADMINISTRATION...Let me know if that word is too big for you to comprehend, won't you!
Btw....I can't wait for the next instalment of a "Bollocking" from PWKH...any moment now! I would think! lmfao.:laugh::laugh::laugh:
torchomatic
Well-Known Member
I'm not sure if you are acting dumb or not. Your post is right, then have gone down the road of ADMINISTRATION but it COULD lead to liquidation. He says that himself! read it!
Paxman II
Well-Known Member
Will you two stop bickering?
ACL have applied to the court for a hearing to try to get the club (CCFC) declared 'insolvent'.
Please understand the legal process step by step. You could read what I said above too...
There are no 'guarantees' of getting what you want in the courts.
ACL have applied to the court for a hearing to try to get the club (CCFC) declared 'insolvent'.
Please understand the legal process step by step. You could read what I said above too...
There are no 'guarantees' of getting what you want in the courts.
Lets all sing together
New Member
Excellent summary , something tells me you may have to repeat this a few times !
Covcraig@bury
Well-Known Member
FFS, it's like hand bags in a play ground. Can we not just wait and see what the courts will do on Friday ???
I've just spent an hour reading the same old under different headings and they all come back to this . Give it a rest children .
I've just spent an hour reading the same old under different headings and they all come back to this . Give it a rest children .
Sky Blue Kid
Well-Known Member
Torchy...
I was replying to SBTAYLOR...Have you turned into his spokesman all of a sudden or is he your Alter-Ego?......SBTAYLOR was telling PWKH what he was saying, and in what context he was saying it...That in my book is a big No No.
I was replying to SBTAYLOR...Have you turned into his spokesman all of a sudden or is he your Alter-Ego?......SBTAYLOR was telling PWKH what he was saying, and in what context he was saying it...That in my book is a big No No.
Delboycov
Active Member
In fairness I'm happy to have been corrected by PWKH with regards to them threatening liquidation albeit as an option rather than an inevitability as TF had said..and seems like you have a decent handle on the legalities....certainly more than I gave you credit for. Still think there is no comparison with the language being used with SISU using to my mind excessive inflamatory language which appears to have backfired on them big time. That was my original point...
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torchomatic
Well-Known Member
Fair comment. My whole point was both sides have said that their relevant actions could lead to liquidation. Hopefully, it won't.
Delboycov
Active Member
Wholeheartedly agree with you there Torchy.
Mucca Mad Boys
Well-Known Member
Torchy...
I was replying to SBTAYLOR...Have you turned into his spokesman all of a sudden or is he your Alter-Ego?......SBTAYLOR was telling PWKH what he was saying, and in what context he was saying it...That in my book is a big No No.
It's a direct quote from PWKH, and only you can turn it into an argument.
Bit hypocritical of you to criticise Torch, after all, you're becoming PWKH's spokeswoman (the way you bitch, one can only assume). Let him answer me, I've come out, with a direct quote from PWKH himself, posted on Sky Blues Talk, on the telegraph website as well, and he said he didn't say they started the process for 'compulsory liquidation' when in the quote that's what HE said. He's either U-turned, incorrect, or doesn't know what he's talking about, but the bottom line is this: there're not my words, but his own being used against him and ACL.
SBT:
The key words are options and could.
You choose to ignore these words. I am not going to patronise you by giving you the dictionary definitions as I am sure you know full well what they mean. That you ignore them speaks volumes about the manner of your argument. I am sure that you are passionate in what you believe. For me, to have to distort, partially quote or to use other people's words out of context only destroys the argument and any respect I might have for the perpetrator.
The key words are options and could.
You choose to ignore these words. I am not going to patronise you by giving you the dictionary definitions as I am sure you know full well what they mean. That you ignore them speaks volumes about the manner of your argument. I am sure that you are passionate in what you believe. For me, to have to distort, partially quote or to use other people's words out of context only destroys the argument and any respect I might have for the perpetrator.
torchomatic
Well-Known Member
Thanks PWKH. Exactly what I was trying to point out. The action (or inaction) on either side could lead to liquidation. None of us want that.
Grendel
Well-Known Member
In the same way I suppose that voluntary liquidation by SISU was an option which they could have exercised?
Mucca Mad Boys
Well-Known Member
Well aware, but it wasn't my argument, both ACL (you on SBT) and SISU have both threatened liquidation, but only 1 party gets criticised... Consideration bias at it's best.
Partially quote? I quoted the relevant bits, I weren't going to quote the whole thing was I? You can't even say you were misquoted because you posted on here and had the chance to amend any mistakes. It's what you said, in black and white, I'm not insinuating anything with what you've said, I've took it for what it is.
I'm a passionate supporter of CCFC, and at the minute, ACL have put the club 2nd, profit 1st and ACL's AND SISU's actions (or inactions) could lead to the club I support being liquidated.
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Sky Blues
Active Member
Tim Fisher told the Guardian: "We are at a tipping point and insolvent liquidation cannot be reasonably avoided. They [ACL] need to re-enter negotiations pronto or we file. We'll have no option because there would not be reasonable probability of avoiding insolvency liquidation."
His words suggest to me Sisu saw no option but to liquidate CCFC unless ACL re-entered negotiations.
It could be argued that there were two other options other than liquidation when he said that: 1. ACL re-enter negotiations or 2. Sisu settles the rent dispute by accepting the last ACL offer. But the relationship between the two sides has broken down to such an extent that it seems nigh on impossible to see ACL countenancing 1 and Sisu countenancing 2 (and Mr Fisher ignores that option when speaking to the Guardian). That being so, are there any other options?
If not, then does the Sisu version as explained by Mr Fisher realistically allow for any other interpretation than liquidation is coming?
But ACL found another option: Administration, which could lead to liquidation, but also offers a chance of avoiding liquidation.
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Sky Blue Kid
Well-Known Member
What a load of "Tosh" You were arguing that ACL were forcing Liquidation on CCFC.
I said ACL were going down the route of Administration because SISU were threatening Liquidation. I also said ACL were looking at all options (Which included Liquidation) but chose ADMINISTRATION. I would say you might make a good solicitor, but you've got more "Twists and turns" than the Monaco Grand Prix Circuit!:facepalm:
torchomatic
Well-Known Member
I agree, but this could STILL lead to LIQUIDATION. I can't see why you fail to grasp that simple concept. No, it may not happen and let's hope it doesn't, but it's still a possibility.
Sky Blue Kid
Well-Known Member
@ Torchy.....
And I can't see why you fail to grasp where I say ACL chose ADMINISTRATION. If they wanted to, they could bury SISU and CCFC without trace.
That 14 letter word shows they don't want to do that to CCFC.
And I can't see why you fail to grasp where I say ACL chose ADMINISTRATION. If they wanted to, they could bury SISU and CCFC without trace.
That 14 letter word shows they don't want to do that to CCFC.
torchomatic
Well-Known Member
Oh, I can't be arsed anymore. It's like trying to reason with someone who only has one, narrow cock-eyed view of the situation.