What’s the end game here?
Do you believe the club’s goal is to obtain control of the RICOH?
If so, I’d like to know your thoughts on how the club could realistically go about this?
The EU complaint rules the agreement with Wasps was illegal and either levies huge financial penalties or somehow declares the original deal void (Wasps are supposedly sufficiently worried about this scenario that they're demanding indemnity)
Wasps face bankruptcy and are forced to either bail from Cov entirely and groundshare elsewhere, or ask the council for a sweetheart deal/peppercorn rent at the Ricoh while they try to sort their finances. The council likely accepts.
With Wasps reeling and the council taking a bath on the Ricoh, SISU return to the negotiating table, offering to take a controlling stake on the same terms Wasps had. The council and Wasps insist on a deal loaded with NDAs that allow them to hand everything over in a way that doesn't totally humiliate them and makes it look like they had our best interests at heart the whole time. We go back to debating whether James Collins would be worth a punt - he's a City fan you know!
Possible sticking points (and they're big ones!):
- The above process takes so long the EFL won't allow us to groundshare at Birmingham that long
- Wasps secure alternative financing that keeps them afloat indefinitely
- Interest in CCFC/viability of the Ricoh dwindles to the point where it no longer makes financial sense for SISU to hang on to their investment
- The council is still so bitter that it chooses financial ruin over any kind of deal with SISU (or somehow pulls another suitor out of the bag like it did with Wasps in 2014)
- SISU's hubris means they refuse to accept any compromise deal that doesn't end in Wasps and the council being completely humbled
The way to circumvent all of that of course is to build our own stadium - a solution so obvious that it begs the question why we've spent six years with Wasps in Coventry and have only a joint statement with Warwick University to show for it. Either SISU are terrible at building stadiums, or they're not actually that interested.