Did he really 'resign'? But Ranson would say that, wouldn't he?
Don't forget he lost his baby ... Prozone ... when he left, so that makes it quite unlikely he did so by his own choice.
He was most likely forced away by sisu who simply stopped the influx of money.
I would love to read their shareholder agreement!
@jongaunt BBC just confirmed that ACL are now taking legal action against ccfc over rent arrears describing it as "bad news" for the club”"
We were out of money because Richardson mismanaged the club.
Why have Sisu done nothing to reverse his disasterous tenure?
In fact why have they made it worse?
Bang on with Richardson. As for Sisu, they are trying to reverse that failure by selling any decent player we have. So it's catch 22. We have to sell because of Richardson's failures, but people blame Sisu without thinking how the situation arose in the first place.
I think we all agree in how this problem started but it doesn t make every owner from here on in free from blame. People have to take some responsibility or this club will die. Otherwise Sisu become to Richardson as thorn is to Sisu. "literally working with their hands tied behind their back" " nobody could do any better" etc etc
Bottom line is that for the good of both businesses (CCFC & ACL) this matter needs to be resolved sooner rather than later. Both businesses cannot plan properly at the moment, one doesn't know its income the other doesn't know its costs. There is room, I believe, for a compromise that will suit both parties but that requires flexibility and openness by the all concerned..... not something SISU are known for.
BUT just to be clear even if CCFC paid no rent they would still be making losses of a couple of million at the moment ..... unless they are able to sell players to finance operations. Also the market rent of the facilities enjoyed by CCFC are not going to be cheap unless ACL agrees to discount below market value - and why should they do that ? indeed given both charity and council have to prove worth in their investments how can they do that ?
just some previous thoughts on value of the rent etc ....
http://www.skybluestalk.co.uk/threads/18691-city-protest?p=229335#post229335
http://www.skybluestalk.co.uk/threa...e-players-are-needed-quot?p=218774#post218774
there is plenty to talk about so why are they not talking ?
Bottom line is that for the good of both businesses (CCFC & ACL) this matter needs to be resolved sooner rather than later. Both businesses cannot plan properly at the moment, one doesn't know its income the other doesn't know its costs. There is room, I believe, for a compromise that will suit both parties but that requires flexibility and openness by the all concerned..... not something SISU are known for.
BUT just to be clear even if CCFC paid no rent they would still be making losses of a couple of million at the moment ..... unless they are able to sell players to finance operations. Also the market rent of the facilities enjoyed by CCFC are not going to be cheap unless ACL agrees to discount below market value - and why should they do that ? indeed given both charity and council have to prove worth in their investments how can they do that ?
just some previous thoughts on value of the rent etc ....
http://www.skybluestalk.co.uk/threads/18691-city-protest?p=229335#post229335
http://www.skybluestalk.co.uk/threa...e-players-are-needed-quot?p=218774#post218774
there is plenty to talk about so why are they not talking ?
Bottom line is that for the good of both businesses (CCFC & ACL) this matter needs to be resolved sooner rather than later. Both businesses cannot plan properly at the moment, one doesn't know its income the other doesn't know its costs. There is room, I believe, for a compromise that will suit both parties but that requires flexibility and openness by the all concerned..... not something SISU are known for.
BUT just to be clear even if CCFC paid no rent they would still be making losses of a couple of million at the moment ..... unless they are able to sell players to finance operations. Also the market rent of the facilities enjoyed by CCFC are not going to be cheap unless ACL agrees to discount below market value - and why should they do that ? indeed given both charity and council have to prove worth in their investments how can they do that ?
just some previous thoughts on value of the rent etc ....
http://www.skybluestalk.co.uk/threads/18691-city-protest?p=229335#post229335
http://www.skybluestalk.co.uk/threa...e-players-are-needed-quot?p=218774#post218774
there is plenty to talk about so why are they not talking ?
Here's a question, did we pay the same amount of rent pre December 2007?? Before SISU took over
I don't think it bothers SISU one bit about going to court, they are a very hard hitting hedge fund company who are prob in court for their other little companies more than often.
If SISU were worried they wouldn't of let it get tm this stage. Somehow SISU will win in court because this is what they do!
I wish it wasn't the case but I can't see anything else happening
Have seen nothing to say we didnt ......... it is still the same lease that CCFC originally signed when moving in to the stadium.
The only thing that goes through my mind is a recollection that the club couldnt pay its rent before in 2006 or 2007 and that the rent was reduced for a period ............ but i might be totally wrong on that
Would I be right in thinking the old CCFC Finance Director works for ACL?
i believe so .... guy called John Street .... joined in 2011 and not sure that is to ACL advantage really..... there has been a lot of changes etc since he left CCFC
Think that will give ACL a pretty good insight into how it all operated until relatively recently - might be that he was actually the guy who signed the rent agreement - point is I think with him inside ACL it will be difficult for CCFC to claim they were hoodwinked somehow - think ACL will be very well prepared for this action
did ACL get paid by CCFC and by the IOC in July / Aug ?
I think you would find the charge is set at £1.2m for CCFC usage but they are allowed to pay it over 12 months.... but am guessing
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