Ashbyjan, we all crave for an agreement, would you say this process would be worth it if an agreement favourable to CCFC is agreed?
yes he is making that suggestion. Personally I would go for someone who has been entirely independent in all this. Deloittes, they have the expertise certainly but were involved in the negotiations involving Yorkshire bank and may well already have close links to both parties. They are not the only major firm of accountants that could do this though. I would perhaps approach someone like one of the football finance academics we have heard on CWR - they will have very good football finance knowledge but no link to the club
But there we have the first problem dont we, even if it is agreed to be done ......by who?
SBT - my own opinion is that whilst the deal is obviously much better than they had and that is of benefit to the football club we all love but the problems at the club run far deeper than just the rent and whilst a saving of 800k is good I fear it may have taken everybody's eye of the bigger problem. Do the ends justify the means? In my view in this case probably no - I am convinced that a good deal could have been done without the complete breakdown of relations between the two parties. It is vital that ACL and CCFC work together for their mutual benefit but so many bridges have been burned during this acrimonious affair it may take years for any trust to be rebuilt.
I don't think that would work really with fans being there. It would be chaos.
I am sorry but...
There was either a veto or there was not. It is black and white. There was no veto and Sisu have made no contact since writing and signing the heads of terms in June. I think that has to be my last word on the subject as there is nothing that can usefully be added.
That is my point and why I responded.
This is something that could quite easily be verified. When we know the verified facts we know a lot more about the people involved.
Its definitely accurately reported, Jan can confirm that as well as he was in the teleconference.
Answered like a politician. It was a 'Yes or No' question, your answer please.
We'll save 800k, but make possibly north of 200-300k in match day revenues (food & drink etc.) so we'll have cut over 1m off our debt, meaning we'll be able to spend more on 'x, y and z' and thus be more competitive in the market, if we get promoted, the extra revenues that go with promotion would possibly bring us close to break-even or maybe even profit.
The club that ACL are now killing off...how ironicFootball Investors Ltd was owned by CCFC and had as its Directors Robinson, McGinnity, Higgs and Hover. In 2003 CCFC sold FIL to the Higgs Charity. The CCFC Directors resigned and I was appointed. FIL is a non-trading company. It only exists to hold shares in ACL. The Charity appointed Higgs and McGinnity to be Directors of ACL. I was appointed as an alternate director as was Hover. When McGinnity resigned ( at the same time he resigned as CCFC Chairman) the Charity just replaced him with me . When Sir Derek died the Charity appointed another Director to ACL: a former chief executive of CCFC, Stuart Rolt. When he resigned Paul Harris was appointed Director of ACL and subsequently a Trustee of the Charity.
All Agreements etc are between ACL and CCFC.
out of interest other than a verbal confirmation how do you verify something that we are told does not exist? Could ask the council I suppose because it would take a full council meeting to approve the veto or not (no evidence of such a meeting having taken place as far as i am aware). Personally I have no reason to disbelieve PWKH's post, but thats just my honest opinion of course
So I would pick up the phone and call TF and say 'about this veto you told us yesterday ... we have been told by the charity that there was never a veto by the council. Can you please clarify what you meant or give us some documentation to back up your claim?'
Jesus, Robins leaving was no fault of SISU :facepalm:SBT, Grendel and others on here have applauded Sisu's tactics on this whole affair !!!
Yes it looks to have got the rent down whoopee !!!
The costs to ccfc have been massive though!!
Unlikely to ever gain a stake in the stadium !!
Lost the best manager for twenty years !!
I believe the reduction could have beeb also gained with softer
Jesus, Robins leaving was no fault of SISU :facepalm:
The JV with Compass is a company called EIC, owned by ACL and Compass, which together they run the catering and share the profits. I am not sure what the profits split is but the Trust are trying to get clarification. ACL have offered the club their share of the profits, obviously they cannot give away Compasses share.
So accounts being frozen they might not be able to pay me next week would have had nothing to do with it ?
keep slapping your head covmark !!!
I don't mistrust PWKH either, nor do I mistrust KH or Jan.
Bying the Higgs shares seemed strategic to the club which led to the Heads of Agreement. When nothing else happened, we had a lot of discussions on this board if that was down to the disagreement over the price or terms. We also discussed in length if the council would ever agree to a deal involving sisu.
Now TF claims in a conferrence with SCG there was a veto - something that PWKH now says is untrue.
It can't be both, it's either there was or there wasn't a veto.
Suppose there wasn't a veto and no evidence of such can back up TF's claim, then I suggest the SCG ask themself how valuable their consultations/meeting really are.
In their shoes I wouldn't accept being fed misleading information (or being downright lied to).
So I would pick up the phone and call TF and say 'about this veto you told us yesterday ... we have been told by the charity that there was never a veto by the couuncil. Can you please clarify what you meant or give us some documentation to back up your claim?'
Can we be clear what we are asking for ......
TF wants mediation ....... which could be a long drawn out process that attempts to find a compromise
arbitration is a process where someone independent looks at the available info, arguments and decides the solution ........ TF is not suggesting this
Still think sisu paid robins to say nice things at the Huddersfield press conference?
Something wasn't right about that press conference. Not that I suggest it altered Robin's stance - that being my belief is that he left for money and money alone.
Fisher states that Robins doesn't know the meaning of the word loyalty and that he's disappointed in him. Then at the same time, Robins in his press conference at Huddlesfield, states that TF has just mailed him and asked him out for dinner?!?
Last night Tim Fisher did state he had asked ACL for mediation but only during a radio broadcast and on the clubs website, no direct request made to ACL with terms of reference or anything like that. I believe when Linnell pressed him on the radio on Saturday about abiding by any third party decision he avoided giving an answer - maybe someone could confirm that.
Isn't that the difference between mediation and arbitration. my understanding (before reaching for the dictionary) is the former is not binding on either party the latter is.
imp:
Still think sisu paid robins to say nice things at the Huddersfield press conference?
ridiculous to the extreme!I believe he signed a confidentiality agreement !!!!
I believe he signed a confidentiality agreement !!!!
With what evidence?
I believe he signed a confidentiality agreement !!!!
With what evidence?
Stop feeding the troll.
It's a fair point. Any business of this size and nature would insist on a confidentiality agreement of some sort.
We shall have to wait for his memoirs
An agreement that includes saying nice things and going out for dinner is a very special agreement indeed.
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