Seppala Interview on Sky Sports News (12 Viewers)

[Deleted member 5849]

But from the reports that have come out it seems to be Wasps not sisu moving goal posts.

Well it was SISU who never bothered to point out thus EC complaint.

Perhaps full disclosure may have made the path less rocky.

 

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[Nick]

Well it was SISU who never bothered to point out thus EC complaint.

Perhaps full disclosure may have made the path less rocky.

It was Wasps who said they had put it to the side wasn't it?

 

[covcity4life]

Doesnt seem like a ricoh deal gonna be thrashed out if joy taking shots at wasps and they are denying publicly

 

[fernandopartridge]

Doesnt seem like a ricoh deal gonna be thrashed out if joy taking shots at wasps and they are denying publicly

Agreed, many bridges are being burnt (if they even existed in the first place).

 

[DannyThomas_1981]

Definitely opening up for the 'you fucking snowflake', 'leftard' etc etc abuse, but I do find it quite concerning how we've had our first ever interview with a hugely shrouded and divisive figure in our history, and there are many comments about how 'fit' she is, and if some anonymous forum user would 'do her'.

I'm with you. Even more concerning though is how many would do her. She's 57! Although I guess the likes of the Mad Hatters and the like would be more than grateful for any action.

I would also like to see hard evidence that City fans broke into her home - did the plod find fragments of CCFC scarves during the investigation? Or is this how Hickman got so rich - breaking and entering with his boys?

 

[Liquid Gold]

I think the bridges are long burned. If i was sisu I'd be breaking the NDA and disclosing evidence of London Wasp's unreasonable demands (as they put it). It looks like a war of attrition so turning as much of the Coventry public against them and therefore depriving revenue is essential.

 

[skyblueelephant76]

I'm with you. Even more concerning though is how many would do her. She's 57! Although I guess the likes of the Mad Hatters and the like would be more than grateful for any action.

I would also like to see hard evidence that City fans broke into her home - did the plod find fragments of CCFC scarves during the investigation? Or is this how Hickman got so rich - breaking and entering with his boys?

In the footage released so far she doesn't say anything about a burglary. She is talking about the abuse at the offices and then says it's different when people come after her children and personal home.

Nothing about anyone going in her home, sounds more like people have been there abusing her on her doorstep.

 

[Deleted member 5849]

If we're over analysing.

"It basically stripped the football club of its right to pursue anything"

This said after saying we (SISU) agreed not to litigate against Wasps, and then drawing a distinction between club and SISU when Wasps wanted to draw club into indemnity.

Now, could be nothing, but can read that the idea was the club took over the litigation in the future.

One thing's for sure, SISU entering into talks in bad faith would make me nervous about any agreement drawn up, and where the holes would be disputed.

 

[Paul Anthony]

Well it was SISU who never bothered to point out thus EC complaint.

Perhaps full disclosure may have made the path less rocky.

I'm skeptical that they didn't have at least some notion this was going on anyway. Surely they'd be naive not to at least consider the possibility, even back then? The way this came about, with the Gilbert exclusive, all seemed a very convenient excuse to shift goalposts. To me anyway.

 

[Nick]

If we're over analysing.

"It basically stripped the football club of its right to pursue anything"

This said after saying we (SISU) agreed not to mitigate against Wasps, and then drawing a distinction between club and SISU when Wasps wanted to draw club into indemnity.

Now, could be nothing, but can read that the idea was the club took over the litigation in the future.

One thing's for sure, SISU entering into talks in bad faith would make me nervous about any agreement drawn up, and where the holes would be disputed.

Didn't they say both SISU and the Club were wanted to provide indemnity?

 

[skybluebeduff]

Doesnt seem like a ricoh deal gonna be thrashed out if joy taking shots at wasps and they are denying publicly

She's now adamant Wasps are involved in Hoffmans consortium, why only tell people that now?

 

[Deleted member 5849]

I'm skeptical that they didn't have at least some notion this was going on anyway. Surely they'd be naive not to at least consider the possibility, even back the n? The way this came about, with the Gilbert exclusive, all seemed a very convenient excuse to shift goalposts. To me anyway.

In many ways I don't disagree. Surely successful people arent wise after the event?

But still one action was SISU's, as was the subsequent lack of disclosure.

 

[Deleted member 5849]

Didn't they say both SISU and the Club were wanted to provide indemnity?

Not my point.

 

[DannyThomas_1981]

In the footage released so far she doesn't say anything about a burglary. She is talking about the abuse at the offices and then says it's different when people come after her children and personal home.

Nothing about anyone going in her home, sounds more like people have been there abusing her on her doorstep.

Who knows sky-blue elephant. The interviewer clearly states: 'in additional to the protests, Seppala has received personal abuse and has had her house broken into with the children inside.' Perhaps it's journalistic license.

 

[Liquid Gold]

She's now adamant Wasps are involved in Hoffmans consortium, why only tell people that now?

Because they were hopeful of agreeing a deal previously so didn't want to make them look like twats.

 

[fernandopartridge]

If we're over analysing.

"It basically stripped the football club of its right to pursue anything"

This said after saying we (SISU) agreed not to litigate against Wasps, and then drawing a distinction between club and SISU when Wasps wanted to draw club into indemnity.

Now, could be nothing, but can read that the idea was the club took over the litigation in the future.

One thing's for sure, SISU entering into talks in bad faith would make me nervous about any agreement drawn up, and where the holes would be disputed.

Whatever you think of legal action, it is completely unreasonable and unrealistic to try and remove the other party's rights to take legal action, particularly where the parties are discussing a contract that is absolutely material to one of the parties. End of.

 

[Deleted member 5849]

Whatever you think of legal action, it is completely unreasonable and unrealistic to try and remove the other party's rights to take legal action, particularly where the parties are discussing a contract that is absolutely material to one of the parties. End of.

Again, not even denying that.

Unless if course it's action designed to tie up and distress, rather than with a view to victory. Then the other side may wish that gone, and SISU's lack of progress on a new ground doesn't help the club's position there either.

But would you necessarily trust a SUSU undertaking? Would you once other activities come to light,

All I'm pointing out is this is by no means one-way, and out owners use excellent distraction techniques.

 

[Grendel]

Again, not even denying that.

Unless if course it's action designed to tie up and distress, rather than with a view to victory. Then the other side may wish that gone, and SISU's lack of progress on a new ground doesn't help the club's position there either.

But would you necessarily trust a SUSU undertaking? Would you once other activities cine to light,

All I'm pointing out is this is by no means one-way, and out owners use excellent distraction techniques.

Of course they do but this distraction has been made by another party

 

[SBAndy]

The price is falling because of increased credit risk - short term interest rates haven't moved that much since January - when the price started to fall. As you said I think, they are secured against the company holding the Ricoh.

However I can see no evidence that SISU has been buying them.

We’ll just continue our own little conversation!

As I said, I didn’t necessarily have evidence (and I may have misinterpreted the information laid out online) but aren’t the units £100 for these bonds? When it refers to a trade “off-book” at 27,000-odd does that not translate to £2.7m? There’s two trades of this amount (or close to).

As you can probably tell, my knowledge of bond trading is not very strong.

 

[Nick]

Interesting Wasps are saying "We have no interest in buying CCFC".

Maybe they should have been asked "Were you involved with Hoffman trying to buy CCFC?".

 

[HuckerbyDublinWhelan]

John Stretton is having a field day with this one.

 

[Nick]

John Stretton is having a field day with this one.

They have all been desperate for a good while now.

 

[Liquid Gold]

I saw a thread the other day that was just 3/4 of them talking together, they couldn't get any bites because everybody knows they talk shit.

 

[Nick]

I saw a thread the other day that was just 3/4 of them talking together, they couldn't get any bites because everybody knows they talk shit.

Yeah they just like what each other say, retweet themselves etc. thankfully 99% of people see it now!

 

[oscillatewildly]

Is she wearing sky blue or Birmingham colours?

Sent from my SM-G930F using Tapatalk

I think she just raided her kids 'Frozen' dress up box.

 

[chiefdave]

However on to what was said in the interview, I have to agree that attacking somebody’s personal life (except Boris Johnson) and home when children are there does cross a line.

Thing is, who's to say it was someone who is a Cov fan? Could have just been a random burglary.

Is she trying to say the criminals who broke into her home were Cov fans?

It would be easy to dismiss but for the fact there's council documents in the public domain that talk about doorstepping. You then have CWR and the Telegraph portraying her as some sort of reclusive bond-esque villain and it doesn't look good when you hear things like this.

 

[chiefdave]

Seppala says the deal Wasps wanted for Coventry to remain at the Ricoh Arena was unreasonable, explaining: "We signed an agreement with Wasps that we would not litigate against them over the sale of the Ricoh. We agreed to terms.

"But then when they came back, they wanted us to sign something that wasn't feasible. Not just SISU, but the football club as well, underwriting damages and costs that they might incur.

"It basically stripped the football club of its right to pursue anything. There was no chance we were going to jeopardise the football club, so it wouldn't have the ability to exercise its own liberties."

This is what the local press should be putting to the council / Wasps

Its staggering how CWR and the Telegraph have not pushed this. Its been know for a while now and they've sat by doing nothing. The council and Wasps should have been getting absolutely hammered for trying to put unreasonable terms in place and asked what they are so worried about if they are certain they are in the right.

 

[tisza]

Agreed, many bridges are being burnt (if they even existed in the first place).

sides too well entrenched and doesn't look like anyone wants to back down so it seems with the St Andrews move everyone is buying time to see how things pan out.

 

[fernandopartridge]

Interesting Wasps are saying "We have no interest in buying CCFC".

Maybe they should have been asked "Were you involved with Hoffman trying to buy CCFC?".

It's the wrong question to the wrong person isn't it

 

[GaryJones]

Actually, I'm quite impressed by her interview. She has her own view of the situation of course, but think she comes over very well.

I agree with this post.
I think the fact she gave the interview and seemed genuinely proud to be a CCFC custodian was quite revealing.
At least we now have the SISU side of the story - Sky Sports should get Duggins and Eastwood in next!

 

[Nick]

It's the wrong question to the wrong person isn't it

They have skewed it and are running with something so that Wasps can deny it. It was far too obvious.

Played on words to get around it.

 

[mrtrench]

We’ll just continue our own little conversation!

As I said, I didn’t necessarily have evidence (and I may have misinterpreted the information laid out online) but aren’t the units £100 for these bonds? When it refers to a trade “off-book” at 27,000-odd does that not translate to £2.7m? There’s two trades of this amount (or close to).

As you can probably tell, my knowledge of bond trading is not very strong.

Off book just means that the trade didn't go through the exchange. Most trades go through market makers, who quote a price to buy (bid) and to sell (offer) simultaneously - so there is liquidity in the market for the issue. The price quoted *27,000 * 100 will be the amount paid + any interest accrued to date on the next coupon (when you add on the accrued interest it's called the Dirty Price - without is called the Clean Price).

The benefit of trading off book is that one doesn't have to go through the bid-offer spread. The market makers have to made some money, so they quote, say, 90 to buy and 92 to sell (so if they can find a buyer and a seller at the same time they make 2). By trading off book, both counterparts can agree a price of 91 and both gain 1. There's nothing sinister or unusual about this and no reason to suspect SISU is accumulating a holding in the bond.

 

[Voice_of_Reason]

This is one of the best threads for months, if not years ! Sensible posts and comments. Little sarcasm, balanced and constructive replies.

 

[Nick]

 

[chiefdave]

Interesting Wasps are saying "We have no interest in buying CCFC".

To be fair they said they weren't a properly development company but then later said it was a property development company with a rugby club attached!