Breaking news about Rent Deal (37 Viewers)

[Deleted member 5849]

Les Reid ‏@Lesreidpolitics 29s BREAKING (More) confirmed ACL seeking 10 year rent agreement with #CCFC. But NO offer on table for part Ricoh ownership

If you were convinced something illegal had happened at the club, and you wanted to reject a CVA in order for said investigation to happen... you wouldn't allow a way out.

Not that it's much of a way out, is it.

10 year deal no use to SISU in any respect, not even part ownership (let alone full) of the Ricoh on offer... what's in it for SISU to accept any of that?

 

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[wes_cov]

Curious as to what the rent offer is how much over the 10 years!

my opinion is that it's unrealistic and greedy from ACL

 

[italiahorse]

If you were convinced something illegal had happened at the club, and you wanted to reject a CVA in order for said investigation to happen... you wouldn't allow a way out.

Not that it's much of a way out, is it.

10 year deal no use to SISU in any respect, not even part ownership (let alone full) of the Ricoh on offer... what's in it for SISU to accept any of that?

You are guessing.
Perhaps SISU wanted a 3 year deal.

 

[Danceswithhorses]

Curious as to what the rent offer is how much over the 10 years!

my opinion is that it's unrealistic and greedy from ACL

Very open-minded my friend :facepalm:
It seems you've already made your mind up about the deal, with absolutely no facts at your disposal.

 

[Nick]

We still wouldn't get any money from the ground though would we? Surely the best way would be to agree a deal there and then about the Ricoh?

 

[WiganSkyBlue]

Gives SISU a realistic time span to build their dream stadium and ACL time to create/find other income streams. However, this may be the opening gambit of negotiations which need to be signed, sealed and delivered for Friday.

This may not be the beginning of the end but could be the end of the beginning.

 

[procdoc]

Breaking news

Les Reid ‏@Lesreidpolitics 1m
BREAKING EXCLUSIVE 1: Ricoh firm ACL seek 10-yr rent deal with #CCFC of £150k in League 1, £400k Championship, £100k L2

 

[procdoc]

BREAKING EXCLUSIVE 2: Ricoh firm ACL suing Northampton Town in High Court for damages over proposed Coventry City groundshare

 

[oldskyblue58]

its a 10 year rolling lease not a straight 10 years.

10 years is the security of tenure required by the FL and thats a minimum

 

[Noggin]

ACL offer 10 year deal 150k rent

surely they can't reject that

 

[blueflint]

Curious as to what the rent offer is how much over the 10 years!

my opinion is that it's unrealistic and greedy from ACL

how can you make that decision without knowing the costs

 

[njdlawyer]

Curious as to what the rent offer is how much over the 10 years!

my opinion is that it's unrealistic and greedy from ACL

So you are curious as to how much the rent offer is but you know that it is unrealistic and greedy...how so?

Actually it seems a rather bizarre proposal. What makes ACL think that SISU would find it in any way attractive unless (with my glass half full) they know something that we don't or (with my glass half empty) they have lost the plot completely

Surely the best offer would have been one to call SISU's bluff by offering 5 years (the Sixfields term) at a better rate to see whether they really do have any intention to build HR2

 

[procdoc]

BREAKING 3: As tweeted earlier, crucially, council Ricoh firm ACL offering #CCFC no deal on part or all stadium ownership

 

[procdoc]

BREAKING EXCLUSIVE 4: ACL rent offer & signing off CVA to end #CCFC admin offered only IF owners Sisu scraps Judicial Review against council

 

[Deleted member 5849]

You are guessing.
Perhaps SISU wanted a 3 year deal.

How am I guessing?

That's what was said.

Or is it Les Reid only lies when it's something that doesn't make ACL/Council look overly flexible.

Sure, ACL have to protect their own interests, but if you were offering a 10 year rent deal, you'd be doing it with the carrot of at least talking about at least part ownership.

Surely?

 

[skybluenewman]

at a fixed rental i can't see why not, however i can't see it happening with these dick heads at the helm. Its going to be league 2 for us I'm afraid...

 

[wes_cov]

Very open-minded my friend :facepalm:
It seems you've already made your mind up about the deal, with absolutely no facts at your disposal.

that's the things with Opinions my friend they can change 150K seems closer to the mark than previous offers but still a lot more info needed

 

[Brighton Sky Blue]

Unless full access to all matchday income is provided (not unreasonable for this access to be paid for), then TF and co will still say no dice. The actual rent figures are completely reasonable.

Of course as any deal won't see ACL wind themselves up it will be rejected.

 

[SkyBlueUkeman]

I think it's a good tester to see what Sisu's actual plans are now. If they reject, they are playing the risky game to see if ACL go bust before CCFC. If they agree, they want to try and get CCFC in a solid position in the long term (10 year plan without building a new stadium) to sell on.

Here we go now...

 

[RogerH]

It sounds as if ACL believe they've got SISU on the ropes and are determined to make the most of it ?

 

[Brighton Sky Blue]

BREAKING 3: As tweeted earlier, crucially, council Ricoh firm ACL offering #CCFC no deal on part or all stadium ownership

Totally inexcusable.

 

[ajsccfc]

Unless full access to all matchday income is provided (not unreasonable for this access to be paid for), then TF and co will still say no dice.

Yeah, this seems the most likely scenario to me.

 

[wes_cov]

So you are curious as to how much the rent offer is but you know that it is unrealistic and greedy...how so?

Sorry i was referring to the term of 10 years. at the present time a 1 year deal would be fine to leave room for further negotiating and actually getting the team back in the Ricoh. Sisu have just managed to get rid of a long lease they are hardy going to be in a position to want to sign up for another.

But again just my opinion

 

[procdoc]

There is zero chance SISU will accept the offer on the table

 

[ajsccfc]

Someone has said in another thread that it's likely not a strict 10-year lease, but a rolling lease with a 10-year timespan.

 

[Deleted member 5849]

Totally inexcusable.

It is.

Show willing to talk, offer carrot of possible ownership for agreement on other points.

10 years? Utterly pointless SISU accepting that. Too short for security of tenure, too long if they did actually want to move.

They'd probably reject 10 years anyway, but at least offer them the carrot of talks on ownership rather than give them the easy way out!

And this nonsense about suing Northampton, way to go to get Northampton fans set against us!

 

[Brighton Sky Blue]

Yeah, this seems the most likely scenario to me.

If the barring of any club ownership of the Ricoh is also part of the deal I don't see why SISU would ever accept it. To get this deal to work we need a) access to all revenues which come purely because of the club and b) an option for future ownership at an agreed price or formula for a price.

 

[jesus-wept]

BREAKING EXCLUSIVE 2: Ricoh firm ACL suing Northampton Town in High Court for damages over proposed Coventry City groundshare

That is great news. Northampton Town and/or their owner David Cardoza have slipped under the radar in all this. Nothing to do with their supporters they are as helpless as we are in all this, but those in charge of NTFC see this as an opportunity to weaken us imo. Fans of other clubs around the country have said as much too.

 

[fernandopartridge]

If you were convinced something illegal had happened at the club, and you wanted to reject a CVA in order for said investigation to happen... you wouldn't allow a way out.

Not that it's much of a way out, is it.

10 year deal no use to SISU in any respect, not even part ownership (let alone full) of the Ricoh on offer... what's in it for SISU to accept any of that?

Does that deal indicate that SISU's ground move proposal is serious? What do ACL know?

 

[blueflint]

How am I guessing?

That's what was said.

Or is it Les Reid only lies when it's something that doesn't make ACL/Council look overly flexible.

Sure, ACL have to protect their own interests, but if you were offering a 10 year rent deal, you'd be doing it with the carrot of at least talking about at least part ownership.

Surely?

why

 

[deanocity3]

BREAKING 3: As tweeted earlier, crucially, council Ricoh firm ACL offering #CCFC no deal on part or all stadium ownership

Surely the ricoh was built for us, everything else is extra,. we need part ownership , take all the match day revenues.
after all if ccfc buggered off the northants ACL would have got no match day revenues any way
so there's no difference.

 

[valiant15]

Well done. Don't let the scum get a finger on the Ricoh. When/if we get respectable owners then have talks with them about buying it. If sisu dont like it then they can piss off.

 

[fernandopartridge]

BREAKING EXCLUSIVE 4: ACL rent offer & signing off CVA to end #CCFC admin offered only IF owners Sisu scraps Judicial Review against council

That would put ACL in complete contempt of court surely?

 

[procdoc]

As much as I despise SISU and want them gone ASAP the offer by ACL is something I wouldn't accept if I were in their shoes. I don't see the point in it.

This to me is the first sign of desperation by ACL to keep the club at the Ricoh, not for the benefit of our fans but to save their own business.

On a positive note at least ACL are still willing to negotiate with SISU despite the fact SISU have tried to fuck them over.

The next SISU statement should be interesting.

 

[WillieStanley]

I guess it will boil down to match day revenue. That's a decent rent tariff but ideally we need access to most of that income. Potential for ownership has to come at some stage if not right away. Interesting that the case against the council is a clause.