covcity4life
Well-Known Member
Is there really any chance sisu r willing to accept an offer now?
Court Match Thread (4 Viewers)
- Thread starter Nick
- Start date
rupert_bear
Well-Known Member
I believe sisu act as they do knowing there's money available by selling assets, that being players. According to Fisher we are operating at break even, which I don't believe. What I'd love to happen now is Willis, Stevenson and Thomas decide to stay atleast another year, but I don't blame them if the don't, or expect to but I think the failure to get the million or so from their transfers would seriously put a cat amongst the sisu pigeons. Looks like the sale of Ryton isn't going too well either, the more money that has to come from sisu coffers perhaps the quicker they will bugger off.
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lifeskyblue
Well-Known Member
Seems to me me learnt nothing new today. The only points worth noting are:
1) Mrs Seppala on going into court looked like she had not slept for a couple nights
2) SISU are still 'successfully' battering everyone in court.
3) classical and operant conditioning do not work on sisu. Even dogs, rats and pigeons learn from their mistakes.
Will sisu suffer from this...possibly in the long term. Damage to reputation etc
Will ccfc suffer from this. Yes we have done, yes we are and yes we will continue to.
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1) Mrs Seppala on going into court looked like she had not slept for a couple nights
2) SISU are still 'successfully' battering everyone in court.
3) classical and operant conditioning do not work on sisu. Even dogs, rats and pigeons learn from their mistakes.
Will sisu suffer from this...possibly in the long term. Damage to reputation etc
Will ccfc suffer from this. Yes we have done, yes we are and yes we will continue to.
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I personally don't think a rejection of the JR today will trigger any sale of the club. However it does bring the options the owners have of what to do with both club and court cases narrow, selling has to be in an equation as does dropping court cases but realistically neither are close and if anything the opposite will happen. They will carry on regardless and push for an appeal on today's decision, any noise about interested parties will come back after today, but they are just news fillers until Joy wants to get round a table and talk.
So enjoy the season talk about the footie, good, bad and ugly and we will see a new thread in months to come covering the same old shit going on off the field.
So enjoy the season talk about the footie, good, bad and ugly and we will see a new thread in months to come covering the same old shit going on off the field.
Nice bold head and a big nose to go along with it. Hope Tim see's this and tell her to sort her look out, i mean he is trying to defend the witch comments and this pic is hardly helping his agenda is it.
rupert_bear
Well-Known Member
There is another issue we are missing, if as we think sisu appeal where does that leave us regarding where we are to play next season. Should they appeal I'd think Wasps will pull the drawbridge up regarding negotiating a rental deal. The Football League could come demanding to know where our home games are to be played, they can insist on a 10 year plan too. Failure to have anywhere could reduce the value of CCFC significantly.
skybluetony176
Well-Known Member
According to the judge today they did.
better days
Well-Known Member
I come back to earlier suspicion that perhaps talks are happening that we don't know about
The consortium are silent after previously being almost constantly talking to various media outlets
Fisher is now invisible. Until recently he was on radio and TV more than Claire Balding
Even Joy Seppalla avoided answering questions today after the latest court defeat
Have both sides signed a Non Disclosure Agreement?
All very curious
The consortium are silent after previously being almost constantly talking to various media outlets
Fisher is now invisible. Until recently he was on radio and TV more than Claire Balding
Even Joy Seppalla avoided answering questions today after the latest court defeat
Have both sides signed a Non Disclosure Agreement?
All very curious
Covstu
Well-Known Member
I think that drawbridge is 90% up already
better days
Well-Known Member
The judge listened to all the arguments from lawyers for both sides
After a short break he ruled against SISU and their allies in all cases
His language and brevity in delivering the verdicts suggest to me that only an idiotic organisation would bother with an appeal
Appeal it is then.
Well said.
Hobo
Well-Known Member
Every court case they have brought has missed the point. They are totally clueless on judicial procedures and are wasting people's time and public money. They really are in rogue traders territory. The biggest joke is Seppala thinking she is a real estate expert. The truth is she once did a University module on it and read a few dust jacket reviews and convinced herself " I can do that."
Sub
Well-Known Member
is that fisher ??? :vomit:
It seems they were ill prepared and wanted to make amendments. The judge even asked them what they were actually claiming. After over 2 years you would think they would have a well prepared and thought through argument complying with normal JR procedures.
They nearly lost on a technicality.
If I were Joy I would be looking into claiming damages from Rhodri. He seems to have led her to believe that she had a chance- when most even on here saw that she had little chance ( she should have read SBT instead of listening to Rhodri ).
He will have some form of client liability insurance. My lawyer made a mistake and his insurance covered it after confirming that I was falsely advised.
They nearly lost on a technicality.
If I were Joy I would be looking into claiming damages from Rhodri. He seems to have led her to believe that she had a chance- when most even on here saw that she had little chance ( she should have read SBT instead of listening to Rhodri ).
He will have some form of client liability insurance. My lawyer made a mistake and his insurance covered it after confirming that I was falsely advised.
letsallsingtogether
Well-Known Member
Never mind shower she needs a jet wash.she looks better in the shower
Hobo
Well-Known Member
Or she is paying and driving the protocol. Clients don't always listen to the expert advice. They sometimes think their ego knows better.
Johnnythespider
Well-Known Member
Tim was playing golf when the verdict came in, this was his reaction
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No future with SISU
New Member
SISU tell Wasps they are claiming damages against them ( Feb 2016) and they will have to pay the Council £30m more for the Ricoh. Wasps pull out of talks for a long term deal (May 2016). It looks bleak as to where City will be playing next year.
dongonzalos
Well-Known Member
As expected the judge like with JR1 felt the council did nothing wrong. He said there was no realistic prospect of a success or any grounds for a JR.
It came out that SISU's plan was to make Wasps pay another 30 million for ACL. Also to sue Wasps for damages.
It also came out that SISU wrote to Wasps in 2016 to inform them that they were likely to seek damages from them.
(Despite assurances on here that the legal action has no effect on Wasps and they should keep their noses out of any suggestion that SISU should drop the action !!!)
SISU were told there are no grounds to adapt the JR.
SISU were also chastised for taking so long to actually bring the JR forward.
The CET got a photo of Joy that may have been just at a bad angle but it did make her look quite tired and struggling.
SISU's QC has hinted at an appeal which the judge suggested would need to go to the court of appeals.
That's about it.
Complete re run of JR1
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chiefdave
Well-Known Member
Just catching up on the days action. Apologies if I'm being thick but am I missing something here? We know that selling a freehold has rules attached that need to be followed. The argument for many months has been that its not a freehold sale so those rules don't apply.
Isn't the council's QC basically saying it is effectively the freehold but we don't have to follow the rules if we don't feel like it?
Anyway, on to the next appeal.
dongonzalos
Well-Known Member
The key word "effectively"
That is true.... Tim reportedly said that Joy is bonkers some time ago.
Astute
Well-Known Member
So CCC keeping the arena without a tenant, losing money on it, having to make repayments on the loan secured on it and leaving themselves to endless litigation from SISU was in the best interest of the local people?
Yes my house belongs to me. I plan to retire in about 10 years when my youngest two are 18 and 19. I will be giving the house to the kids. But if any of them try taking the piss they will get nothing.
oldskyblue58
CCFC Finance Director
What the judge has ruled is that there are no arguable grounds that the rules or process have not been complied with. That the CCC process and decision was appropriate to this set of facts. Legal and above board be it viewed as long lease extension or equivalent freehold. That the requirements of s123 had been complied with as far as or if they apply
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AVWskyblue
Well-Known Member
Im not against the sale of the arena Astute, just think with a little more negotiating nous they could easily have secured a much better return for coventarians, I respect any guy who pays his mortgage off at a good few years before retirement so we'll done buddy, on the other I guess we'll have to agree to disagree
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skybluetony176
Well-Known Member
In short after spending JR1 arguing that the Ricoh was worthless today they argued it was worth £50M. The council had a valuation done on the lease of £600k to £1M before selling to wasps for £1M so they're covered and the judge pointed that out in his summing up so there are no grounds to appeal but SISU are threatening to appeal.
Same old same old with the standard outcome of the only thing getting battered in court is SISU.
PS. No smoking gun
chiefdave
Well-Known Member
I understand that. But how has that decision been arrived at given what has been said in court today?
We know what the rules state such as requiring independent specialist marketing among other things. This has been debated numerous times before and it was generally concluded that SISU would make a case that CCC had effectively sold the freehold and CCC would argue they hadn't.
What seems to have happened today from reading the reports is the CCC QC has confirmed it was effectively a freehold sale, that they knew the rules, ignored them and nobody should have a problem with that. And then the judge agreed! Its like a rerun of the ethics committee.
Not saying CCC are guilty, at least not technically, but I'm not seeing how the case is so open and shut that it shouldn't even be argued. Irrespective of CCFC or SISU as a Coventry tax payer I would expect to see that course of action scrutinised.
Astute
Well-Known Member
But who would they have sold to? Wasps only bought it because it was a bargain. SISU didn't want to take on the loan. In the end they were only offering Higgs 1m for their 50%. And how many people have the need of a football ground?
Everyone but Wasps have lost out...other than the legal teams. And personally I think they are in a bit of trouble. So maybe there will be no winners.
dongonzalos
Well-Known Member
D
Deleted member 5849
Guest
Have to say if they did destroy Wasps, it'd be the one good thing they'd have done since taking over.