kwoodgas
Joined: September 2014
Posts: 675 
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Post by kwoodgas on Mar 3, 2016 18:27:00 GMT
Many apologies if I'm being dim/raking over ground that's been covered, but does the court case matter any more?
Surely Higgs and Wael have agreed two separate deals, one if the case succeeds and another if it fails. If we win Wael has to pay more to Higgs, but will get the return from Sainsburys, if we lose then the only loser is Higgs who will get less for his asset.
I fully appreciate the situation is FAR more complex than that, but as a general idea...
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crater
Joined: June 2014
Posts: 1,444
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Post by crater on Mar 3, 2016 18:34:33 GMT
Sainsburys still matter to me.
Will never set foot in one of their stores again.
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Mar 3, 2016 18:35:24 GMT
There would have only been one deal.
The club wouldn't have been sold if there was a chance of winning the case.
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kwoodgas
Joined: September 2014
Posts: 675
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Post by kwoodgas on Mar 3, 2016 18:49:16 GMT
There would have only been one deal. The club wouldn't have been sold if there was a chance of winning the case. Really? Higgs and the directors making a profit on their investment without the risk of building a stadium or having the general hassle of running a football club they're not espcially popular at? Still seems like a decent deal to me. |
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Mar 3, 2016 18:56:25 GMT
There would have only been one deal. The club wouldn't have been sold if there was a chance of winning the case. Really? Higgs and the directors making a profit on their investment without the risk of building a stadium or having the general hassle of running a football club they're not espcially popular at? Still seems like a decent deal to me. That's if they made a profit, good for them if they did. |
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Post by PessimistGas on Mar 5, 2016 13:51:47 GMT
There would have only been one deal. The club wouldn't have been sold if there was a chance of winning the case. So what was Higgs motive for pursuing an appeal that, despite all of his ridiculously confident bluster to the contrary, he must have known he had virtually zero chance of winning? Purely with a view to strengthening his negotiating hand when trying to sell the club? Surely our new owners would have been aware that the court case is a lost cause anyway. Seems like he was literally going for broke and got astonishingly lucky. |
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LPGas
Stuart Taylor
Joined: May 2014
Posts: 1,240
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Post by LPGas on Mar 5, 2016 14:19:10 GMT
I for one will wait for the outcome, but at the very least I would hope we get some money. If I was a judge they would have to buy it and pay all of our costs.
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Mar 5, 2016 15:24:03 GMT
There would have only been one deal. The club wouldn't have been sold if there was a chance of winning the case. So what was Higgs motive for pursuing an appeal that, despite all of his ridiculously confident bluster to the contrary, he must have known he had virtually zero chance of winning? Purely with a view to strengthening his negotiating hand when trying to sell the club? Surely our new owners would have been aware that the court case is a lost cause anyway. Seems like he was literally going for broke and got astonishingly lucky. It's my belief that until the appeal Higgs thought that he could win. It's also my belief that after leaving the court of appeal he knew he had lost and with massive debt repayments and court costs looming he sold the club as quickly as possible. Happy days. |
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Mar 5, 2016 15:26:57 GMT
I for one will wait for the outcome, but at the very least I would hope we get some money. If I was a judge they would have to buy it and pay all of our costs. I think you will find that the appeal was all or nothing and possibly facing costs. |
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Post by Gas Since 1957 on Mar 5, 2016 17:36:30 GMT
So what was Higgs motive for pursuing an appeal that, despite all of his ridiculously confident bluster to the contrary, he must have known he had virtually zero chance of winning? Purely with a view to strengthening his negotiating hand when trying to sell the club? Surely our new owners would have been aware that the court case is a lost cause anyway. Seems like he was literally going for broke and got astonishingly lucky. It's my belief that until the appeal Higgs thought that he could win. It's also my belief that after leaving the court of appeal he knew he had lost and with massive debt repayments and court costs looming he sold the club as quickly as possible. Happy days. How does this stack up bearing in mind the sale negotiations started last September? It's not like we had the appeal and then NH decided he'd better sell the club fast is it. |
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Bridgeman
Alfie Biggs
Joined: May 2014
Posts: 3,549
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Post by Bridgeman on Mar 6, 2016 9:15:23 GMT
It's my belief that until the appeal Higgs thought that he could win. It's also my belief that after leaving the court of appeal he knew he had lost and with massive debt repayments and court costs looming he sold the club as quickly as possible. Happy days. How does this stack up bearing in mind the sale negotiations started last September? It's not like we had the appeal and then NH decided he'd better sell the club fast is it. Perhaps to give the potential new owners the impression there were still ongoing positive negotiations ? |
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Bridgeman
Alfie Biggs
Joined: May 2014
Posts: 3,549
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Post by Bridgeman on Mar 6, 2016 18:28:14 GMT
Many apologies if I'm being dim/raking over ground that's been covered, but does the court case matter any more? Surely Higgs and Wael have agreed two separate deals, one if the case succeeds and another if it fails. If we win Wael has to pay more to Higgs, but will get the return from Sainsburys, if we lose then the only loser is Higgs who will get less for his asset. I fully appreciate the situation is FAR more complex than that, but as a general idea... As a general question it's a reasonable one but if you haven't had the opportunity to listen to any of the interviews held with those who have been given responsibility for delivering the new stadium the answer is a definite no. They have been quite clear in saying that the Sainsbury result will have no bearing on them delivering a new stadium for us, that my Gashead supporter is all that we could ask for.....UTG ! |
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