Ricoh Return (2 Viewers)

[SkyBlueCharlie9]

A fellow Cov work colleague here down south, who has as source close to the club, just mentioned a 5 year return deal. He is a really nice down to earth chap, and wouldn't make stuff up. To me it at least gives a bit of hope that there is some rumbling. Could go tits up any second though with personalities involved! I am not an attention seeking twat, before anyone jumps in

 

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[chiefdave]

Considering how few people would be involved in talks its amazing that seemingly everyone on the forum knows someone who has inside info

 

[mark82]

A fellow Cov work colleague here down south, who has as source close to the club, just mentioned a 5 year return deal. He is a really nice down to earth chap, and wouldn't make stuff up. To me it at least gives a bit of hope that there is some rumbling. Could go tits up any second though with personalities involved! I am not an attention seeking twat, before anyone jumps in

I don't think people make stuff up, people hear things and they then become a bit like Chinese whispers where things get slightly misinterpreted.

Let's put it this way, there won't be a huge gap between the deal being made official and it being announced.

 

[Liquid Gold]

I heard that it was all sorted and we were going to have free spliffs at our seats but then Keir Starmer put a spanner in the works.

Make of it what you will.

 

[hill83]

I don't think people make stuff up, people hear things and they then become a bit like Chinese whispers where things get slightly misinterpreted.

Let's put it this way, there won't be a huge gap between the deal being made official and it being announced.

ITIPPENSIHNAG =

It is happening

 

[Ccfcisparks]

Just passed the Ricoh on my way to Tile Hill for work. It looks so lifeless. So sad to see.

 

[fernandopartridge]

Just passed the Ricoh on my way to Tile Hill for work. It looks so lifeless. So sad to see.

Sports stadium looking lifeless on non event day during lockdown shock

 

[Ccfcisparks]

Sports stadium looking lifeless on non event day during lockdown shock

It looked lifeless on match days too

 

[oscillatewildly]

apparently heard on good authority that we have signed a deal to go back in July....PUSB

p.s. don't shoot me down if its wrong lol

Nothing personal, Bugsy - just dusting off the old blunderbuss now.

 

[chiefdave]

Just passed the Ricoh on my way to Tile Hill for work. It looks so lifeless. So sad to see.

It really does need some TLC. Shame they haven't used the past 12 months to get things back up to a decent standard. Could probably even get the council to pay for it and say its for City of Culture of the Commonwealth Games.

 

[fernandopartridge]

It looked lifeless on match days too

Agree on that. It probably doesn't help that the side next to the A444 with the hall is a bit like a back entrance, the most populated stand is on the other side. It's a really quite cheap and awkward design, it has no natural frontage (typical Coventry really)

 

[Malaka]

I don't understand why we don't buy half of the lease and be done with it. They have their parking, food and beverages, we have ours. Split the concerts down the middle and costs of pitch and stadium maintenance. Everyone's a winner and no bursting into Hot Chocolate songs thank you.

 

[oscillatewildly]

That’s quite impressive given we’ve only played at 3 “home” grounds in that period.

Yeah, must admit I was struggling to come up with the '4th'.

 

[Sky Blue Pete]

I don't understand why we don't buy half of the lease and be done with it. They have their parking, food and beverages, we have ours. Split the concerts down the middle and costs of pitch and stadium maintenance. Everyone's a winner and no bursting into Hot Chocolate songs thank you.

It’s not for sale

 

[shepardo01]

It’s not for sale

It possibly might be - but only over Ann Lucas's dead body allegedly.

 

[Liquid Gold]

I don't understand why we don't buy half of the lease and be done with it. They have their parking, food and beverages, we have ours. Split the concerts down the middle and costs of pitch and stadium maintenance. Everyone's a winner and no bursting into Hot Chocolate songs thank you.

There are £35m in bonds attached to it. You either pay them out for half of that, but £17.5m is a bit over the odds for half of something that cost £5m, or you end up- providing security for it when they don't seem to be able to pay them back. Neither are a very good option.

 

[fernandopartridge]

There are £35m in bonds attached to it. You either pay them out for half of that, but £17.5m is a bit over the odds for half of something that cost £5m, or you end up- providing security for it when they don't seem to be able to pay them back. Neither are a very good option.

You could just establish a secondary syvlluv lease couldn't you? It doesn't need to be a share of the existing deal.

Iirc, the bondholders' path to getting hold of the lease in the event of a default isn't particularly clear. I think one of Derek Richardson's companies effectively is in front of them.

 

[shmmeee]

Wasnt there a rumour last time Joy had asked for 50% and got told no and that’s why she pulled the plug?

I may have entirely made this up.

 

[Liquid Gold]

I think the stadium itself has always looked half finished. A lot of the new stadiums at least have the cladding stuff all the way round which is better, the ricoh just has that cheap fake brick thing up to a a couple of meters then the exposed stadium skeleton, looks shit.

 

[Sky Blue Pete]

You could just establish a secondary syvlluv lease couldn't you? It doesn't need to be a share of the existing deal.

Iirc, the bondholders' path to getting hold of the lease in the event of a default isn't particularly clear. I think one of Derek Richardson's companies effectively is in front of them.

Pretty sure it broke down because Sisu promised no further action having already made the Eu complaint. This should not be a problem this time. Not to say there won’t be others but I’m hopeful

 

[mark82]

Wasnt there a rumour last time Joy had asked for 50% and got told no and that’s why she pulled the plug?

I may have entirely made this up.

They've asked in the past but Wasps aren't interested in selling.

 

[clint van damme]

Just passed the Ricoh on my way to Tile Hill for work. It looks so lifeless. So sad to see.

You need a new sat nav mate

 

[shmmeee]

Whatever happened to the state aid case?

 

[Ccfcisparks]

You need a new sat nav mate

Not if im coming from Leicester I don't

 

[señor Santiago]

Not if im coming from Leicester I don't

M69, A46, A45 lad

 

[David O'Day]

M69, A46, A45 lad

yeah the 444 is a weird route from Leicester

 

[LastGarrison]

Some posters will call people out on absolutely fucking anything on here.

 

[fernandopartridge]

Some posters will call people out on absolutely fucking anything on here.

It's like mr you don't wanna do that

 

[Travs]

I often run round past the Ricoh, and to be honest it looks like a stadium that has seen better days, and definitely not a "new" stadium. Ok i understand it is something like 15 years old now, but it certainly hasn't aged well in that time.

 

[Old Warwickshire lad]

I often run round past the Ricoh, and to be honest it looks like a stadium that has seen better days, and definitely not a "new" stadium. Ok i understand it is something like 15 years old now, but it certainly hasn't aged well in that time.

If you just left your house for 15 years or so without any maintenance , it wouldn’t look to good either.

 

[Evo1883]

apparently heard on good authority that we have signed a deal to go back in July....PUSB

p.s. don't shoot me down if its wrong lol

Needs to happen, here's hoping it's true

 

[Evo1883]

Just passed the Ricoh on my way to Tile Hill for work. It looks so lifeless. So sad to see.

Not a nice thing to say about tile hill, we have the countryside next door

 

[Deleted member 5849]

Not a nice thing to say about tile hill, we have the countryside next door

Berkeswell and Balsall Common, how the other half live

 

[Evo1883]

Berkeswell and Balsall Common, how the other half live

I worked up at the long shoot in Nuneaton today, some of those houses

 

[fernandopartridge]

If CCFC came into some money (new owners) and gained ownership of the Arena, it'd look a lot better if all of the metalwork was painted sky blue. Also, the cladding on the inside which is currently white would look better navy imho.