Flying Fokker
Well-Known Member
It hasn’t happened yet! The sun is shining over the CBS.
It hasn’t happened yet! The sun is shining over the CBS.Tranmere were deducted 2 points for failing to fulfil a fixture. I think we’ll lose 3 points potentially 6. Will be an incredible achievement to stay up really
Almost as sad as having a crush on Conor McGregor
Stolen anymore of other peoples belongings from hotels recently?
No you didn’t. You said it was the clubs fault.
So what happened to it?
If, as is being suggested by some, there is no interest in ACL and it is to be liquidated the lease will revert to the council won't it? So unless they're planning to close the place permanently / knock it down then either they're going to continue to run it themselves or attempt to sell the lease again.From my understanding of the current scenario, we have a situation whereby the stadium could be shut down whilst a new buyer is sought and matches, exhibitions and other events are stopped. The problems are related to the processes involved with liquidation, in that the governance structures connected to ACL become void. This includes operating licences, etc.
The value of football, events, etc to the economy of the City of Coventry [in it's widest sense] is significant. Each hotel room booked at the CBS and other hotels in the city, plus the secondary spend in restaurants, shops, pubs, etc is of value to our businesses.
We need some pragmatism to break out within this process and surely CCC even in their most vindictive mode can see there is value in providing a month worth of funding to keep the CBS operating whilst a new buyer is sought.
As they aren't in admin shouldn't they be running as normal? Bit of a pisstake to turn round and say your event isn't going ahead unless you give us more money. Have they done the same to other events there this weekend, the casino, hotel etc?
Directors sometimes backdate their resignation in order to protect themselves from any legal consequences from breach of fiduciary duty and such. If they have been taking salaries / divs despite knowing the business was totally f—-Ed etc.On wasps holdings Companies house it shows
Second filing for the termination of Nicholas John Eastwood as a director
Second filing for the termination of Robert William Gray as a director
Both also show
Termination of appointment of Nicholas John Eastwood as a director on 12 October 2022
Termination of appointment of Robert William Gray as a director on 12 October 2022
But oddly on main pages shows both resigned in August. But no filing history for that
i don’t get your point. As with wasps owners the blame stops with owners and directors
We have been owned for 15 years by an organisation that adopts short termIsm strategies and shows no interest in developing a long term secure base. Wasps and Sisu actually are the same in that they treat their supporter base like idiots with foolish clearly false statements and have no plan when the inevitable happens
Now show it in context
Directors sometimes backdate their resignation in order to protect themselves from any legal consequences from breach of fiduciary duty and such. If they have been taking salaries / divs despite knowing the business was totally f—-Ed etc.
The probable reality is that they stepped back on the filing date.
You literally said ‘absolutely the clubs fault’.
That implies you put the blame solely at the clubs door.
You, 100% are Toughy from Twitter!
Still sore that your beloved Wasps have gone bust. Hid your tweets from non-followers so you can spout your anti sisu agenda without being criticised and then come on here under a generic name
Class A
So how does that answer the point there are still 8 years left on the lease?
Pre administration oftentimes a bank or whoever who holds a debentures will appoint a “consultant” that acts a pre-administrator. Essentially they usurp the directors and control them on behalf of the debenture holder. They charge administrative rates ie north of £500/h. As I said, a racket.As they aren't in admin shouldn't they be running as normal? Bit of a pisstake to turn round and say your event isn't going ahead unless you give us more money. Have they done the same to other events there this weekend, the casino, hotel etc?
You literally said ‘absolutely the clubs fault’.
That implies you put the blame solely at the clubs door.
You, 100% are Toughy from Twitter!
Still sore that your beloved Wasps have gone bust. Hid your tweets from non-followers so you can spout your anti sisu agenda without being criticised and then come on here under a generic name
Class A
The football club is responsible for ensuring games are played
The football club is responsible for ensuring games are played
The football club is responsible for ensuring games are played
How long realistically should / could the club fund ACL again? I am not sure it would be enough to keep ACL from going into Administration.
Does the money class as a loan, pre payment etc?
What relevance is that? I go to 75% of games which is pretty good considering I live in Norfolk.
Signed a ten year lease for that to happen.
Matters out of are control have and threaten to disrupt that. Not a lot we could have done under the circumstances.
If we are fronting money to ACL for the game to go ahead then what more do you want us to do?
Signed a ten year lease for that to happen.
Matters out of are control have and threaten to disrupt that. Not a lot we could have done under the circumstances.
If we are fronting money to ACL for the game to go ahead then what more do you want us to do?
Hes not the brightest, he thinks I’ve just signed up today
Was a debenture last time , haven't heard anything similar this time?How long realistically should / could the club fund ACL again? I am not sure it would be enough to keep ACL from going into Administration.
Does the money class as a loan, pre payment etc?
Id have thought not - doubt we will get it back
You’re making your motive on this forum so obvious. Even Tony comments on football more than you.
You’re clearly a troll.
I want CCFC to succeed and have ownership of the arena.
I’m just not ignorant like most that can’t see past SISU this and SISU that.
Just checked, “US Bank Trustees Ltd.” have a first charge over the ACL Arena (don’t know the full details) Compass a second (later) charge.Pre administration oftentimes a bank or whoever who holds a debentures will appoint a “consultant” that acts a pre-administrator. Essentially they usurp the directors and control them on behalf of the debenture holder. They charge administrative rates ie north of £500/h. As I said, a racket.
I don’t know who has a debenture over ACL (might be a bank) but my shout is that it will be them calling the shots.
Your PR overdrive isn’t working. People can see through it
I would say you’re probably in the minority to be fair.
You can of course argue that there's zero chance of a new stadium, and I doubt many would challenge that, you can argue that a lease longer than 10 years is needed but even if we had a 100 year lease what would be different today?
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