Right, we pretty much know that joyless has crashed in and told ACL tgat she wants the arena with no negotiations on price. What we dont know but is a fair punt is that SISU are trying to distress ACL to pick up the arena cheaply.
So, why dont ACL turn round and say to SISU "you want the arena, no negotiation, here's our price, take it or leave it?"
if shitsu are serious why don't they make their bid public?
What bid?
Nobody's actually talking to each other to negotiate anything, so there is no bid as far as I can see.
they were eventually offered a reasonable rent offer
That is a FACT, ACL said so.
Actually timmy said it didn't he?
Do you know what? Im asking a question and your sarcasm is uncalled for .... PAL
It would be nice if both sides put their cards on the table so we can see who is the villain is. I think I know who it is but it's difficult to be 100% sure.
Exactly, that would really screw the other over if they went to the press and said "this is what we want to offer" so it is all out in the open.
They weren't.
One side being in the wrong unfortunately hasn't stopped the other side playing silly PR games.
Says you
Whatever the offer was (even if it was no offer) it's better financially for the club than moving to Northampton.
Lets be honest, the right way to do this is to start distressing ACL AFTER your stadium is ready, not before you've even thought about it.
Would it though?
tbh, do you know what a football stadium's worth? I don't!
not like they come along often on the market, and even then there's often an 'ah, but' to follow.
Ultimately a stadium's only worth what someone's prepared to pay, and what someone's prepared to sell for... which of course is why we're here in the first place, as both sides try to shift those figures to their advantage!
But then they might just notice a stadium going up somewhere else, unless SISU employ some *really* good landscapers
The value of Higgs share is what was agreed years ago. If they don't want to pay it and don't want to pay the rent and want to take their ball and go home that's fine, but make sure you have a place to stay before storming out of your mums shouting that you hate her.
skybluetony, agree with you. Just one point. Re Brandon. The council have had NO contact whatsoever from Sisu. This from a councillor's mouth.
So what? We're off anyway. If of course this is all about the club not being able to afford to play at the Ricoh without owning it and not just a negotiating tactic that rips the club to shreds in the process.
The value of Higgs share is what was agreed years ago. If they don't want to pay it and don't want to pay the rent and want to take their ball and go home that's fine, but make sure you have a place to stay before storming out of your mums shouting that you hate her.
They offered that money, it was agreed to and signed by all parties.
Are you sure?
I was under the impression that it never got so far as any kind of firm offers.
"We need to be very clear that this is not about ownership of the freehold in the stadium which would have continued to be held by the council, with the club taking back the 50 per cent interest in head-leaseholder ACL which it was always intended to have."
They offered that money, it was agreed to and signed by all parties. The council walked away, thus the 'option' to buy the Higgs share was denied them. What should they have done after that? Just interested to know what you would have done after having the rug pulled from under your feet like that?
We're back to he said, she said though aren't we?
it would be nice if ACL commented on it
The Higgs formula was £6.5m plus an amount based on how long Higgs had held the share so the sooner they bought it the better.a) the value of the Higgs share wasn't agreed years ago, a formula to determine the value was agreed... and also a formula to determine the value of half of ACL.
b) That could also be vetoed by the council. It would (have been/be) nice if somebody had got a definitive answer out of the council as to whether or not they would have vetoed any deal (I must find that quote btw. Give me an hour of very boringly reading various peoples' posts, as it's not coming up on the search);
c) I'm really not convinced half a stadium management company is a great deal. Never have been, even from when it was planned to be built (was agaionst the club signing over the rights to it at the time, seen nothing yet to suggest I was wrong!). Seems I'm not alone in that either, as Ranson decided the option wasn't worth taking up. I find the whole concept of football club not owning football stadiumn rather incongruous tbh. It works in other countries, but in this country there's far more a culture of ownership that teams depend on.
Prefer the atmosphere at Sixfields, much, much better than the Ricoh and the players are responding accordingly IMHO!
PUSB - PUSB - PUSB - PUSB
Woah woah woah. You're conflating the talks with Higgs (that Sisu walked away from) with the talks with the Council to distress ACL.
The Council have never had an opinion on the Higgs shares as the deal didn't get far enough to require their approval. Granted it would've needed it, but I get the impression at the time CCC were happy to sell shares in ACL but not give total control, hence the breakdown.
Edit: to answer your question: Id have the good grace and business sense to know I gambled and it didn't pay off and to go back to the original plan of buying into ACL rather than trying to get the totality.
My complete guess is what turned CCC off the 100% ACL deal was some sign it would give Sisu an in on the freehold or at least a better legal position to do things the council didn't agree with.
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