Nick
Administrator
But it was perfectly fine for ACL to charge us large rents?
Bloody right which is why the loyalty some show to Sisu is baffling sell the Ricoh for cheap to sisu some people would revel in that?
Why what good would it do us when the new owners start charging us large rents then say it is in the best interest of there millionaire shareholders in the caymens?
rents high or not that sisu agreed to pay.But it was perfectly fine for ACL to charge us large rents?
rents high or not that sisu agreed to pay.
rents high or not that sisu agreed to pay.
of course it's sisu 's fault they knew how much it was and agreed to pay it .So you are saying that it is SISU's fault because they took on the contract and the council were ok charging us high rent but if SISU were to charge us high rent it would be wrong? What about the people who agreed to the contract in the beginning?
Didn't ACL only start to offer reduced rent when SISU said they were moving out?
They should have negotiated a lower rent from the begining.
do you trust them not to ?
do you have proof that if shitsu buy the ricoh it will be the same the club owning the ricoh?
this is yet another assumption. i would be supprised should it happen that shitsu wouldn't be the land lord. a landlord who would know how much rent to charge and a club that isn't going to complain that the rent is too high.
a bit like the management fee's that shitsu put the ltd into liquidation for. timmy was'nt complaining that the management fee's from shitsu were too high, their was no statements made to the press, no examples of management fee's paid by other 1st division clubs. yet that was the debt that we went into administration for, not the un-paid rent.
Something the board tried to do months after moving in to the Ricoh and it was turned down down flat.
I take your point- but why did they not renegotiate the known excessive rent PRIOR to signing? Surely at that juncture they were in a stronger position to do just that- its a bit like you or I shaking hands on a deal to buy a car- handing over the money, driving the vehicle and then going back 1 month later asking for a discount ?
It wouldn't, it would be like asking for a cheaper monthly warranty deal than what they were paying already.
I think most people know what should have happened, but it really pains some people to see that other parties could be at fault. The best bit is how it is ok for ACL to charge us massive rent (as SISU agreed to it, even though they didn't own us) but they MUST NOT sell the ground to SISU as they will just charge us massive rent...
I take your point- but why did they not renegotiate the known excessive rent PRIOR to signing? Surely at that juncture they were in a stronger position to do just that- its a bit like you or I shaking hands on a deal to buy a car- handing over the money, driving the vehicle and then going back 1 month later asking for a discount ?
Mcginnity's seating company is to blame & Richardson's creation of CCFC Holdings!
Sisu buy distressed companies & repair them, can people not see the benefit of City playing in a smaller stadium & with kids making the team up?
You never know, we might end up in our own stadium, in cov(ish) & back in the prem!
You never know, we might end up in our own stadium, in cov(ish) & back in the prem!
Ok lets use your example- why would you not negotiate the monthly warranty figure in advance of signing the deal?
Wow and this ISN'T an assumption??
Mcginnity's seating company is to blame & Richardson's creation of CCFC Holdings!
Sisu buy distressed companies & repair them, can people not see the benefit of City playing in a smaller stadium & with kids making the team up?
You never know, we might end up in our own stadium, in cov(ish) & back in the prem!
Another "fan" more interested in the landlord than the football club.
That'll be due to Mr Coventry's Ticking Clock, with 15 minutes to Weapons of Mass Destruction being unleashed upon the club.
The club is not absolutely destitute look at the 2011 accounts for ltd and holdings, add them together and look at income recived and wages, their is a few million proffit which some how ends up as £-15m. can you remember city spending £30m in 2011.Pay your rent even if in doing so you're absolutely destitute.
It's funny really - ACL couldn't pay its rent either (i.e. be being unable to repay the mortgage on its lease) it was bailed out by the landlord.
The club is not absolutely destitute look at the 2011 accounts for ltd and holdings, add them together and look at income recived and wages, their is a few million proffit which some how ends up as £-15m. can you remember city spending £30m in 2011.
The Landlord is the owner of ACL and they restructured the loan of their company. SISU do it all of the time.
Rubbish.... SISU victims... really? Come on LSI....you know better than that.
I do, but there aren't any innocents in this.
Took a while for people to wake to Sisu, hope it doesn't take as long for people to wise up about the other characters in the saga.
And so starts Operation Discredit Les Reed
Les Reid @Lesreidpolitics 6m
@skyblueben @seanosmond Agree Ben. Looks like #CCFC lost 10pts for no gain. ACL legal challenge to admin v unlikely - more this week from me
ah.. now I see... this is what we waited all week for...
http://www.skybluestalk.co.uk/threads/37261-Les-reid-s-ct-article
Why not you discredit everyone else....
Oh sorry has he said something you agree with must be ok then....
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