1 2
transaction. A.
3 4
Yes, we were very surprised to see about the bank debt purchase.
Q.
Looking back over the piece, in your opinion, did SISU
5
conduct itself in a manner which an honest and
6
reasonable businessman would consider to be fair?
7
A.
Yes, absolutely.
8
Q.
SISU bought the football club in the full knowledge of
9
its obligations under the lease and licence agreement,
10
didn't it?
11
A.
Yes.
12
Q.
SISU formed the view that those responsible for
13
negotiating that agreement had struck a bad bargain,
14
didn't it?
15
A.
Yes.
16
Q.
SISU knew, however, that the football club was legally
17
obliged to make those payments.
18
A.
Yes.
19
Q.
SISU knowingly breached its obligations under that
20 21
contract, didn't it? A.
22 23
Well, it was the football club that didn't pay the rent, not SISU, to be fair.
Q.
24 25
There's a contract.
Yes, I see.
But that was done with the full knowledge
and approval of SISU, wasn't it? A.
I don't recall SISU approving non-payment of rent in 47