Missed it
It was pretty much based around SISU's skeleton argument Nick and a piece with Rob about expressing Pressure through the Elections .
Made reference to paying £14.4M. for something that had been valued @ £6.4M.
Feature on central news tonight (8 Viewers)
- Thread starter wingy
- Start date
It was pretty much based around SISU's skeleton argument Nick and a piece with Rob about expressing Pressure through the Elections .
Made reference to paying £14.4M. for something that had been valued @ £6.4M.
J
Jack Griffin
Guest
Vid posted here, just about to view it..
http://www.itv.com/news/central/upd...n-into-sky-blues-stadium-row-court-documents/
Felt it failed to meet Darryl's usual standard, showing clip of July march on Broadgate just before Rob Stevens implied he has some popular support, he doesn't.
The march was not anything to do with him and the public speakers at Broadgate were all clear that SISU were the guilty party.
http://www.itv.com/news/central/upd...n-into-sky-blues-stadium-row-court-documents/
Felt it failed to meet Darryl's usual standard, showing clip of July march on Broadgate just before Rob Stevens implied he has some popular support, he doesn't.
The march was not anything to do with him and the public speakers at Broadgate were all clear that SISU were the guilty party.
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shmmeee
Well-Known Member
A whiff of the Les Reids about that.
torchomatic
Well-Known Member
Nick
Administrator
Yeah, that nikki sinclaire is a hero
J
Jack Griffin
Guest
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RegTheDonk
Well-Known Member
So who did the Yorkshire Bank reject the bids of £6M and £12M from? Was it SISU or the council?
Seems to me that though the council valued it at £6.4M, if the bank was owed more they would surely want to hold out for a bigger sum.
Seems to me that though the council valued it at £6.4M, if the bank was owed more they would surely want to hold out for a bigger sum.
Grendel
Well-Known Member
Is rob Stevens the guy who posts on here as RobS?
Grendel
Well-Known Member
Of course they would. I'm sure the taxpayer of Coventry is thrilled the council paid twice over the odds so they can enjoy the community asset.
RegTheDonk
Well-Known Member
You missed the question. I was asking who made the bid - SISU or the council. Wasn't debating if it was right or wrong.
italiahorse
Well-Known Member
Welcome to the party Midlands Today.
shmmeee
Well-Known Member
shmmeee
Well-Known Member
Council. We don't know what Sisu said when they approached them (as I understand they did but haven't seen/heard the evidence).
CCFC PimpRail
New Member
As opposed to giving it away to a hedge fund...?
Seems you have been promoted. I am told the limit is lifted all together when you reach 2.000 'likes'.
I still have to type at least 50 characters ....
Oh, well .... SISU OUT!
SlowerThanPlatt
Well-Known Member
Good report from the BBC.
Rob S
Well-Known Member
Slightly bizarre seeing yourself interviewed outside the Houses of Parliament. Pity you can't see the club badge on my shirt.
I'm glad Darryl used that clip of the interview as I'm checking all of the protests that have been made by all fans groups rather than just ours.
It's one thing that we will keep coming back to because we think that it is important to keep the message out there that all sides in this dispute should be held to account and part of sorting this out. Focussing on just the Council or just Sisu or just the Football League etc. isn't going to work.
The reason we set up GCBTTR was to fill the 'gap in the market' as far as the council is concerned in all of this, but we are happy to support Trust, KCIC etc. initiatives as it is all part of getting us back home.
I'm glad Darryl used that clip of the interview as I'm checking all of the protests that have been made by all fans groups rather than just ours.
It's one thing that we will keep coming back to because we think that it is important to keep the message out there that all sides in this dispute should be held to account and part of sorting this out. Focussing on just the Council or just Sisu or just the Football League etc. isn't going to work.
The reason we set up GCBTTR was to fill the 'gap in the market' as far as the council is concerned in all of this, but we are happy to support Trust, KCIC etc. initiatives as it is all part of getting us back home.
Houchens Head
Fairly well known member from Malvern
Haven't watched ITV news for decades! Too amateurish! BBC or Sky every time for me!
thelookout
New Member
You mean gcbttr as long as the council gives a Cayman Island hedge fund the keys to the arena?
As a rate payer in this city im 100% against it.
Grendel
Well-Known Member
Well clearly you are perfectly happy we are at Sixfields then.
thelookout
New Member
Yes im over the moon.
Why should the council gift them the arena?
Why not wait until after the JR when they realise they won't get the arena then they will piss off.
Grendel
Well-Known Member
I couldn't care if they gifted in them and stuck a ribbon on top. Football back in Coventry is my only interest.
thelookout
New Member
So you'd give it them now rather than wait to see if they walk away after the JR?
SkyBlueScottie
Well-Known Member
Sorry to be so blunt but whether the Ricoh is sold, gifted, set alight or placed on the moon, yours, mine every other bugger who pays rates in this City will see no difference in the services offered by the council nor will it have an effect on the amount we pay.
Rob S
Well-Known Member
As a group we're calling for negotiations based on independent valuations. Certainly no giveaways!
It's important to consider not only the value of the Ricoh Arena as an asset but the value it brings in to the city. With our football club, concerts and lots of other stadium events back in, it will bring millions more to an area of the city that desperately needs it.
It's important to consider not only the value of the Ricoh Arena as an asset but the value it brings in to the city. With our football club, concerts and lots of other stadium events back in, it will bring millions more to an area of the city that desperately needs it.
AFCCOVENTRY
Well-Known Member
It will be interesting to see what Ricoh is valued at, what acl is valued at and what CCFC is valued at esp with all the debt being loaded on it.
italiahorse
Well-Known Member
Do you value it without a football club or with it?
The 2 values would be significantly different.
Sisu plan is to get it at the lower value and increase it's value by bringing back the football team.
Sisu will gain millions at the expense of the council loosing millions. Is this Right or wrong ?
CCFC will pick up the bill for Sisu !!!
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RegTheDonk
Well-Known Member
Thanks for clearing that one up shmmeee
RegTheDonk
Well-Known Member
Did he say he was happy we are at Sixfields?
Rob S
Well-Known Member
And here is the problem. One side has the club, one side has the stadium. The club side can go and build a new one, the stadium side can do other things with the stadium. In the meantime, our club is playing in a dump 35 miles away.
You know the really annoying thing? We've seen from recent disclosures that the Higgs' share of ACL could have been sold, which would have prevented all this subsequent mess, except that there was an impasse over the value (Higgs wanted £5.5m, Sisu offered £2m after due diligence) and the Council were going to veto the sale anyway.
So now millions are being lost by businesses and business taxes lost to the city.
The Council tried to force Sisu to offload the club and failed. We have a JR coming up to decide the legality of what they did but no matter what the outcome, Sisu still own the club. The club had another 10pts deducted this season in a further attempt to damage the owners and we as fans are being denied the chance of a playoff attempt because of that.
Meanwhile, the income to the city is down by millions because the club isn't there so the city is already out of pocket and that will continue.
For the good of the city, the club, the fans and the owners, a deal needs to be struck. It's a compromise deal to be sure but it is a deal that gets us out of this mess without dragging it on. The city can get an income boost, we get our team back & Sisu get the chance to recoup some of the £millions and move on. Or we can keep squabbling about it all and spend 5 years building a stadium somewhere else whilst our support collapses.
This is why we believe that the Council needs to be held to account for their part. We can hit a business like Sisu in the pocket but with the Council it is at the ballot box.
You know the really annoying thing? We've seen from recent disclosures that the Higgs' share of ACL could have been sold, which would have prevented all this subsequent mess, except that there was an impasse over the value (Higgs wanted £5.5m, Sisu offered £2m after due diligence) and the Council were going to veto the sale anyway.
So now millions are being lost by businesses and business taxes lost to the city.
The Council tried to force Sisu to offload the club and failed. We have a JR coming up to decide the legality of what they did but no matter what the outcome, Sisu still own the club. The club had another 10pts deducted this season in a further attempt to damage the owners and we as fans are being denied the chance of a playoff attempt because of that.
Meanwhile, the income to the city is down by millions because the club isn't there so the city is already out of pocket and that will continue.
For the good of the city, the club, the fans and the owners, a deal needs to be struck. It's a compromise deal to be sure but it is a deal that gets us out of this mess without dragging it on. The city can get an income boost, we get our team back & Sisu get the chance to recoup some of the £millions and move on. Or we can keep squabbling about it all and spend 5 years building a stadium somewhere else whilst our support collapses.
This is why we believe that the Council needs to be held to account for their part. We can hit a business like Sisu in the pocket but with the Council it is at the ballot box.
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italiahorse
Well-Known Member
So which Candidates are FOR giving away the Ricoh to SISU and which ones are AGAINST ?
italiahorse
Well-Known Member
Don't know as I have not seen the candidates manifesto.
I'll introduce .... Which candidates are FOR letting SISU buy the Ricoh at their valuation?
So now we're getting to the bottom of this; "recoup some of the £millions and move on"
Look at how sisu have (mis)managed the football club! Why would you want to reward them with a stadium?
And what happens when sisu eventually go? The club still won't own the stadium or revenue streams and we start the whole process again with a different stadium owner?
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