...and sold the Ricoh to another party, say Preston Haskell
Where would that leave SISU/CCFC??
and also if SISU's plan did work to distress ACL and they went into admin, why would they be so confident on being able to buy it over Haskell or A.N.Other
Why would it have to be used for football if new investors buy it?
...and sold the Ricoh to another party, say Preston Haskell
Where would that leave SISU/CCFC??
and also if SISU's plan did work to distress ACL and they went into admin, why would they be so confident on being able to buy it over Haskell or A.N.Other
My worry as I posted in the other thread is what if ACL finally decide to say bugger off to SISU and the TF White Elephant stadium doesn't happen
Yeah but just suppose hypothetically that ACL did tell SISU where to go (and it wasn't to the Ricoh) and ACL could survive without our club, and this new stadium doesn't go ahead, what happens then?
and then you would be behind the Curve ,as your posts Imply.Then demand for ACL's product slowly declines. They will have to reduce rent in line with footfall reduction. They will start sustaining losses, and will have to sell their asset (the stadium) to recoup those losses.
Then SISU sweep in and buy the stadium at a reduced rate.
The only potential issue; SISU putting the stadium on the asset sheet of a different company and charging the club company silly rental fees. It makes little sense for them to do it, but you can't rule it out. If that happens, i'll be with the five derps waving signs outside the FL HQ.
I could definately imagine them trying to sideline non-football related revenues into another business. Ie. Concerts/Casino Rent e.t.c
Very telling comment as that Is exactly what SISu have achieved.SISU will have evaluated this very carefully. There is no hope for ACL without that football club. They would be simply working towards breakeven each year, and that's unattractive and counter-productive.
Why would Haskell buy 1/2 a stadium with the council caling the shots.? He will only buy if he gets majority and the council will not allow that and also whilst the compass contract is in place there is no where to go in this one...and sold the Ricoh to another party, say Preston Haskell
Where would that leave SISU/CCFC??
and also if SISU's plan did work to distress ACL and they went into admin, why would they be so confident on being able to buy it over Haskell or A.N.Other
Then demand for ACL's product slowly declines. They will have to reduce rent in line with footfall reduction. They will start sustaining losses, and will have to sell their asset (the stadium) to recoup those losses.
Then SISU sweep in and buy the stadium at a reduced rate.
The only potential issue; SISU putting the stadium on the asset sheet of a different company and charging the club company silly rental fees. It makes little sense for them to do it, but you can't rule it out. If that happens, i'll be with the five derps waving signs outside the FL HQ.
I could definately imagine them trying to sideline non-football related revenues into another business. Ie. Concerts/Casino Rent e.t.c
Why would Haskell buy 1/2 a stadium with the council caling the shots.? He will only buy if he gets majority and the council will not allow that and also whilst the compass contract is in place there is no where to go in this one
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