Fergusons_Beard
Well-Known Member
Ok Ferguson's beard, let's play your game for a moment.
If the council never paid CCFC it was due then you are indeed correct.
Are you so involved with every step of this shit since 1999 and you have evidence that the council got money that was supposed to be passed on to CCFC?
Are you aware that all councils are audited for discrepancies in the public purse?
Are you aware that there has not been one substantiated claim to support what you are alleging?
Please, this is a game changer for me. Show me and I will wake up as you asked.
I want to help save Coventry City, says Bryan Richardson
“The stadium was my big vision but it was never my vision that the club wouldn’t own it,” said the former City chief who, remarkably, has never set foot in the Ricoh Arena.
“I have no idea what happened after I left. I can show you the document where I did the deal with the Tesco chairman directly.
"We bought 88 acres from British Gas.
"I sold 30 of the 88 acres where it is now for £66.5m which was the highest price Tesco had ever paid for an out of London site. And there were no fees so the club didn’t pay anyone because I did it direct with Tesco, and that saved the club £3m in fees.
“I don’t know what happened after that but before long the whole thing had gone to the Higgs Charity and the Council.
"So I don’t know, did Tesco pay the money direct to the council? I’ve no idea. I’d love to know and to be honest the supporters should know because it was a huge deal at the time.”
It is understood that Richardson bought an option to buy the Foleshill gas works site but when that option ran out and he couldn’t raise the money to pay British Gas, the council stepped in and bought the land for £20m - including £12m to decontaminate it – and then sold it to Tesco, using the £40m profit to part-fund the construction of the stadium.
Richardson admitted: “I had left when the final deal was done, but that was going to be the best asset ever for the club.
"That was going to be the bedrock of the future of Coventry City Football Club and for some extraordinary reason that all went by the by and I have never, to this day, understood – and neither have I asked to be honest – why that ever happened.
“But it was absolutely crucial to the future of the club that it had ownership of the stadium and all the revenue streams. It was the key to everything.”
The land cost and sale figures don't agree to what Council reports say actually happened, and although he says he did the deal and later admits he'd left by the time it was done, I'm sure he feels he has a complaint.
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