fernandopartridge
Well-Known Member
They never owed £29k and never should have paid it. The counter claim was excessive but only in your dream world would you pay £29k when you don't have to.
They never owed £29k and never should have paid it. The counter claim was excessive but only in your dream world would you pay £29k when you don't have to.They certainly did.
They also had an agreement with Higgs that they would pay up to 29k of their costs if the sale never went through.
So how many think that it was a good move to spend a sixfigure sum to get out of paying 29k and create so much bad blood that Higgs don't want anything to do with them now?
So lets say Appleton succeeds and now Ltd own the 50% share in ACL. How does that end up with Otium? Can they just buy it off him, wouldn't any money coming into Ltd have to be distributed to creditors?
They never owed £29k and never should have paid it. The counter claim was excessive but only in your dream world would you pay £29k when you don't have to.
So they paid more instead to get out of it. In fact they exacerbated their own costs with the excessive counter claim. Do you have a logic for doing that?
You know their reasoning. They sought to get hold of information to support their JR case. They obviously felt it a price worth paying.So they paid more instead to get out of it. In fact they exacerbated their own costs with the excessive counter claim. Do you have a logic for doing that?
Who are the creditors and how much are each creditor owed?
I assume the creditors will be SISU and their related companies, ACL and HMRC. I have no idea who is owned what. Isn't ACLs open to interpretation as it has to include compensation for early termination of the contract?
So my question remains, can SISU just say to Appleton we'll give you the £X that you paid ACL to buy that the share or would any money coming in have to be distributed proportionally?
I assume the creditors will be SISU and their related companies, ACL and HMRC. I have no idea who is owned what. Isn't ACLs open to interpretation as it has to include compensation for early termination of the contract?
So my question remains, can SISU just say to Appleton we'll give you the £X that you paid ACL to buy that the share or would any money coming in have to be distributed proportionally?
ACL were owed at least a years rent, extortionate as it was, plus the compensation for ending the lease.
You know their reasoning. They sought to get hold of information to support their JR case. They obviously felt it a price worth paying.
They were paid all they were owed rent-wise. That leaves the compensation, but if the bid is successful the club own half of ACL, so surely they will not object?
They were paid all they were owed rent-wise. That leaves the compensation, but if the bid is successful the club own half of ACL, so surely they will not object?
So the logic was to just pay it?
I do agree though, I don't know what the counter claim was about whether it was some sort of "tactic".
ACL or indeed AEHC/Wasps will not object if it is in their interests not to ......... which has nothing at all to do with whether it is in the best interests of CCFC
the various interests might of course coincide but would you bet your mortgage on it?
I do not bet on anything where sisu are involved!
My point is that I don't think ccfc ltd being in liquidation with unpaid creditors will influence the outcome of the bid for Higgs shares. If the bid fails it will be either because Wasps have secured some sort of veto or option to match any bid.
Isnt the logic to just defend the claim and not bother with the counter claim?
Now there's a caption competition waiting to happen.
no he was on a plane apparently strange as he only said yes the previous evening
So the night before you get on a plane you can't speak?
I can't, fucking terrified of flying and have to get trollied before getting on one nowadays.
Or you could look at it from the other way... you buy half of a company that 'potentially' could be successful for at least one of the parties. So you could sell up later down the line for more than you paid for it... providing some finance for your 'new stadium', have something tangible to allow you to sell you share in the club as a whole, or even pick up the share off your partner because it hasn't worked out for them.
You can relax over the weekend!
Do you think there is a decision to be made or is it a done deal they will sell to the wasps franchise?FYI I understand Higgs will make decision on CCFC Ltd bid next week.
You can relax over the weekend!
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Do you think there is a decision to be made or is it a done deal they will sell to the wasps franchise?
Do you think there is a decision to be made or is it a done deal they will sell to the wasps franchise?
Do you think there is a decision to be made or is it a done deal they will sell to the wasps franchise?
FYI I understand Higgs will make decision on CCFC Ltd bid next week.
You can relax over the weekend!
Sent from my iPhone using Tapatalk
On the Observer site was it?
Might be on Thursday, when they get round to updating it again.
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Annoys me to be honest our owners
Can't deal with our council
Can't deal with a local charity.
Can't deal with the local newspaper most people buy.
Classic case of 'why always me' t shirt everyone apart from the wearer of the t shirt knows.
SISU I hope you bid more than wasps. Then you for the first time in this farce over seven years will have been shafted.
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