Rex
Predictions League
Joined: June 2014
Posts: 3,287
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Post by Rex on May 6, 2015 16:15:34 GMT
If its an out of court settlement we may never know the amount, as settlements usually have a confidentialality clause in them. I still feel that we will get "something" out of it. I understand that some retired judges have reviewed the case and have advised BRFC to go ahead with the case.
Billy Clark?
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Thatslife
"Decisions are made by those who turn up"
Joined: June 2014
Posts: 669
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Post by Thatslife on May 6, 2015 16:17:53 GMT
If its an out of court settlement we may never know the amount, as settlements usually have a confidentialality clause in them. I still feel that we will get "something" out of it. I understand that some retired judges have reviewed the case and have advised BRFC to go ahead with the case.
Billy Clark?
I
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Post by CountyGroundHotel on May 6, 2015 17:32:33 GMT
If its an out of court settlement we may never know the amount, as settlements usually have a confidentialality clause in them. I still feel that we will get "something" out of it. I understand that some retired judges have reviewed the case and have advised BRFC to go ahead with the case. You would probably be able to take an educated guess by looking at the next set of accounts.
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Post by Topper Gas on May 6, 2015 18:08:08 GMT
I know nothing other than what I can piece together from forums etc. But I'm slightly less confident than I was a few weeks back. same here Bamber, i think a out of court settlement is on the cards now With a week to go to the trial unless one of the parties bottles it now I can't see an out of court settlement this close to the trial, as solicitors/barristers/experts fees will all have been incurred. It seems either Sainsbury's feel they have a strong case to run to a trial or just want to push us to the brink, if the latter our Wembley appearance won't have impressed them give the money that is likely to bring in! If it does go to a trial let's hope whatever evidence is disclosed doesn't put a dampener on our Wembley appearance.
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on May 6, 2015 18:40:15 GMT
same here Bamber, i think a out of court settlement is on the cards now With a week to go to the trial unless one of the parties bottles it now I can't see an out of court settlement this close to the trial, as solicitors/barristers/experts fees will all have been incurred. It seems either Sainsbury's feel they have a strong case to run to a trial or just want to push us to the brink, if the latter our Wembley appearance won't have impressed them give the money that is likely to bring in! If it does go to a trial let's hope whatever evidence is disclosed doesn't put a dampener on our Wembley appearance. I don't think it's the case, but even if Sainsbury's felt they were on a hiding to nothing they may still go through the process. For them the outlay weighed against the potential rewards may make it worth them just taking a punt? A bit like that bloke from Eastleigh did when he knocked that weak shot towards Mildenhall. You gotta be in it to win it.
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Post by gasparilla on May 7, 2015 7:34:27 GMT
Sainsbury's poor results announced today will have not helped our cause
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LPGas
Stuart Taylor
Joined: May 2014
Posts: 1,240
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Post by LPGas on May 7, 2015 12:51:41 GMT
Sainsbury's poor results announced today will have not helped our cause Their results will not influence the judge. Lets remember they haven't made a loss, they are not in the red. They have just made less money than they have done in the past, and it is nothing to do with "Big Stores". The discount shops have forced the Big 4 to cut their prices down to their level. As for Sainsburys lets remember that the majority shareowners are not the Sainsburys they are those rather poor people in Quatar. I hope we win and I hope it spurs lots of other people who have been shafted by the supermarkets to go to court too. For the last 40 years they have done what they wanted.
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Post by Nobbygas on May 7, 2015 13:47:14 GMT
and don't forget, the interest they are accruing from 30m sitting in their account probably pays for all of their legal stuff, so in effect, they're playing a freebie !
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Post by timothyq on May 7, 2015 13:47:52 GMT
The fact Sainsbury's have announced a loss, which was really just from writing off a load of assets while they're still making a profit day to day as I understand it, won't have any impact on the judge whatsoever. The law is the law and the impact of a judgment on either party won't matter a jot. The same applies to the position an unfavourable result could leave us in, which is one of the major reasons these sorts of cases are usually settled out of court.
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The Gas
Joined: May 2014
Posts: 484
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Post by The Gas on May 7, 2015 13:54:43 GMT
Why not join me at the Royal Courts of Justice in the Strand at 10am next Thursday.
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Post by timothyq on May 7, 2015 14:03:32 GMT
and don't forget, the interest they are accruing from 30m sitting in their account probably pays for all of their legal stuff, so in effect, they're playing a freebie ! I doubt their shareholders would view it that way
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Post by Nobbygas on May 7, 2015 14:04:43 GMT
Why not join me at the Royal Courts of Justice in the Strand at 10am next Thursday. You're the Judge?
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brizzle
Lindsay Parsons
No Buy . . . No Sell!
Joined: May 2014
Posts: 4,293
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Post by brizzle on May 7, 2015 14:12:48 GMT
Why not join me at the Royal Courts of Justice in the Strand at 10am next Thursday.Reading that made me realise how very close we are now getting to decision day. The case opens in London on the Thursday, followed by a Wembley appearance and possible promotion on the Sunday. It could well be one of the most defining weeks in the clubs history, and I'm feeling a little nervous now.
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strung out
Administrator
Paul Hardyman
Joined: May 2014
Posts: 758
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Post by strung out on May 7, 2015 14:30:08 GMT
Why not join me at the Royal Courts of Justice in the Strand at 10am next Thursday. Sorry, I'm on a course that day. I might be able to do the Friday if that's any use?
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Post by Henbury Gas on May 7, 2015 14:35:04 GMT
Why not join me at the Royal Courts of Justice in the Strand at 10am next Thursday. Do i get tickets from SeeTickets ?
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Post by CountyGroundHotel on May 7, 2015 20:48:13 GMT
Why not join me at the Royal Courts of Justice in the Strand at 10am next Thursday. You're the Judge? My confidence has just increased a notch
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Post by badbloodash on May 8, 2015 5:43:02 GMT
My confidence has just increased a notch This could be A pr disaster for sainsburys as the full story will be exposed for the first time hopefully get some press attention but also make future possible partners in developments very wary when they see how sly they are and maybe more could be made of the Qatar royal family owning 25% of them and being so keen on football with a winter World Cup and all time for Mrs ware to do her magic
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Post by interceptor on May 8, 2015 6:36:52 GMT
From what I can ascertain there are a number of issues that should not be confused. sorry if this is like War and Peace; 1. 3 of the big 4 supermarkets are closing stores and trying to exit on sites they had earmarked. Consumers are changing their habits and the stores are reacting. They shop locally and more frequently but buy less. Weekly shop is all but gone. They do not need big stores any longer. 2. Uk supermarkets have. Been the envy of their European competitors for decades. This is because they made so much profit; much more than their competitors. They are now being exposed by Aldi and Lidl. 3. Terrible results being reported by Tesco, Sainsburys and Morrisons are a combination of reacting to the discounters - aldi and lidl to whom they are losing market share, along with restructuring. This is a one off, not trend and they will return to profit, albeit lower than in previous years, within the next 18 months. 4. A good time to deliver bad news is a) when your competitors are doing so and b) when you have a new man at the top. Sainsburys, tesco and Morrisons all have this position right now. 5. This is about a contract to buy the land, not about changes in trading results or consumer habits. Keep the two issues separate. 6. BRFC must have been advised as to a reasonable chance of success by their legal advisors. You simply would not pursue this action without this knowledge. 7. Sainsburys have wriggled for some time with a number of initiatives to extract themselves from the position and, to their immense credit, BRFC have overcome their objections. 8. Sainsburys last throw of the dice was to try and asphyxiate BRFC with a long drawn out court case and the prospect of high legal fees with no guarantee of success at the end. 9. Sainsburys will have been perfectly aware of BRFC's financial state and so their strategy of strangulation was sensible, they would not have anticipated the high risk and potentially expensive response by Rovers, taking a loan and going to a final hearing.
In conclusion, I think BRFC will get something positive out of this. It might not be the sale of the ground but it could be recovery of costs plus compensation. It just depends on how the judge views BRFC's actions to comply with the contract.
Please win on 17th, it could be the start of a great week.
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eppinggas
Administrator
Ian Alexander
Don't care
Joined: June 2014
Posts: 8,144
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Post by eppinggas on May 8, 2015 17:08:35 GMT
Why not join me at the Royal Courts of Justice in the Strand at 10am next Thursday. Is there a public gallery? If anyone can stroll in - then might be up for that.
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Post by stevethepirate on May 8, 2015 17:20:23 GMT
Why not join me at the Royal Courts of Justice in the Strand at 10am next Thursday. Is there a public gallery? If anyone can stroll in - then might be up for that. Yes there is a public gallery. All courts have them.
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