Marilyn Knatchbull Hugessen answers questions (18 Viewers)

[The Gentleman]

It does not benefit the community of Coventry one iota. That's like saying the people of the UK benefited from the Government buying out Lloyds TSB and RBS.

Sorry but what the fuck are you talking about (apart from bollocks) first you wade in slagging the Higgs off implying they are only in it for the money and are looking for a return, do you then know for a fact that was the case when she said her dad was putting in money in the Jimmy Hill era? then you make statements which OSB58 ripped to bits but you didn't seem to have any comebacks for him. Then you say that the Ricoh doesn't benefit the community of Coventry one iota, again bollocks because when we played at HOME then young kids from the local communities could easily go along to watch their LOCAL football team and stay off the streets or out of trouble. Is that not a benefit to the community of Coventry?

 

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[skybluetony176]

Soon to be followed by "We won't be moving on that anytime soon" ??:thinking about:

What plan are sisu on now? We keep hearing about plan A & B but I reckon they're much further up the alphabet than that.

 

[wingy]

What plan are sisu on now? We keep hearing about plan A & B but I reckon they're much further up the alphabet than that.

F............

 

[letsallsingtogether]

I wonder what that stands for :thinking about:

F............

 

[James Smith]

ACL have paid off the loan with any profit they have made, £21m loan reduced to £14m in 5 years. This is not a SISU way to run a company so they wanted rid of ACL and total controll of the RICOH. IN 5 years the RICOH would be in debt for millions, which would disapear to SISU coffers

We don't know what Sisu would do they might load debt into ACL they might not. Blaming them for something they haven't done, except for not producing the new stadium plans, isn't really fair.

 

[No future with SISU]

That's not what I said at all is it. If their are profits to be made from ACL, SISU would inject them into CCFC.. not a stadium that they would not have owned.

Also... the Ricoh is not a community asset.. it does fuck all for the community.

Ha-ha I can not stop laughing at the idea of SISU "injecting profit" into CCFC

 

[Grendel]

Here's the link to the personal loan Sir Higgs wrote off http://www.coventrytelegraph.net/news/Coventry-news/geoffrey-robinson-20m-out-of-pocket-3103929

I'm looking for the link to the £2m Charity loan I think it was mentioned in the leaked club documents.

Robinson wrote off far more so I am struggling to see the relevance here. Are you suggesting Robinson is 10 times more benevolent than Higgs?

 

[James Smith]

Robinson's wasn't interest free until right close to the end, where he bowed to pressure to make it interest free.

That was a different loan, the £666k one was always interest free, it was in the club accounts. The million pounds loan is another matter which is the one I think you were talking about.

 

[Deleted member 5849]

That was a different loan, the £666k one was always interest free, it was in the club accounts. The million pounds loan is another matter which is the one I think you were talking about.

Right, so basically the absolutely massive loan from Robinson wasn't interest free, but he should be congratulated for lending a relatvely smallamount interest free?

As far as I can see Robinson did not do interest free! So to link him to McGinnity (who did indeed do interest free)is giving disingenuous credit to our former 'benefactor'

 

[Ian1779]

Sorry but what the fuck are you talking about (apart from bollocks) first you wade in slagging the Higgs off implying they are only in it for the money and are looking for a return, do you then know for a fact that was the case when she said her dad was putting in money in the Jimmy Hill era? then you make statements which OSB58 ripped to bits but you didn't seem to have any comebacks for him. Then you say that the Ricoh doesn't benefit the community of Coventry one iota, again bollocks because when we played at HOME then young kids from the local communities could easily go along to watch their LOCAL football team and stay off the streets or out of trouble. Is that not a benefit to the community of Coventry?

So you are saying every single football stadium, cinema, bowling alley and place for children to 'not be on the streets' is a community asset?

Could the young people of Coventry play their football final at the Ricoh? Could the local grass roots mens competitions do the same?

That's what I mean by community asset, can be used by the regular people of Coventry in examples like this. A real community asset.

 

[Deleted member 5849]

The opportunity as I understand it was always there. Pre sisu the money wasn't there. The very first interview I saw and indeed anyone saw of RR was on the day the take over was confirmed was on the Midlands news, he was sat in the ricoh and in his very first interview he talks about the club owning the ricoh. He didn't talk specifics (lease or freehold) but he did highlight it as a priority.

So the real question is why did sisu not take the option on day one. Or anyone from sisu ever since.

Probably because the Ranson board (including Hoffman and Elliott) didn't think it worth pursuing.

It isn’t our priority – the success of the team is. The funds should be spent on the team. It is about getting the product right on the pitch.

 

[James Smith]

Robinson wrote off far more so I am struggling to see the relevance here. Are you suggesting Robinson is 10 times more benevolent than Higgs?

Someone asked for other examples of where the Higgs had financially supported our club.

That wasn't an endorsement of your point... I'm almost giddy in excitement waiting for you to tell me exactly how Higgs has financially supported CCFC on numerous occasions, other than the 2 points we have discussed here.

I was providing the two examples I was aware of. I wasn't aware they had done stuff in the JH era.

 

[Grendel]

Someone asked for other examples of where the Higgs had financially supported our club.
I was providing the two examples I was aware of. I wasn't aware they had done stuff in the JH era.

Ultimately then its a couple of loans which pale into insignificance compared to that lent by Robinson? So accordingly Robinson has done far more for the club as his writing off of loans was far greater? Yes?

 

[No future with SISU]

What plan are sisu on now? We keep hearing about plan A & B but I reckon they're much further up the alphabet than that.

Plan Z which means they are finished

 

[No future with SISU]

We don't know what Sisu would do they might load debt into ACL they might not. Blaming them for something they haven't done, except for not producing the new stadium plans, isn't really fair.

Whe is to blame for CCFC playing in Northampton, £70m in debt and playing in the third tier of english football

 

[chiefdave]

So you are saying every single football stadium, cinema, bowling alley and place for children to 'not be on the streets' is a community asset

the government website concerning the register of assets of community value lists in among the examples of places eligible football grounds so it would seem they are indeed considered community assets.

 

[bigfatronssba]

So you are saying every single football stadium, cinema, bowling alley and place for children to 'not be on the streets' is a community asset?

Could the young people of Coventry play their football final at the Ricoh? Could the local grass roots mens competitions do the same?

That's what I mean by community asset, can be used by the regular people of Coventry in examples like this. A real community asset.

Charity matches are played at the Ricoh all the time. I myself have played there.

Money raised from such events goes to charity.

I would say that is a community asset.

 

[chiefdave]

Robinson wrote off far more so I am struggling to see the relevance here. Are you suggesting Robinson is 10 times more benevolent than Higgs?

The rumour has always been, and Robinson has always chosen not to comment on it, that Robinson made a significant amount more out of the club than he wrote off thanks to a combination of interest payments and his cut of profits on player sales. As with much from that era I don't think we'll ever know the full story.

 

[chiefdave]

Ultimately then its a couple of loans which pale into insignificance compared to that lent by Robinson? So accordingly Robinson has done far more for the club as his writing off of loans was far greater? Yes?

Is the Higgs family not in anyway connected to the Higgs Centre which is of course our academy?

 

[bigfatronssba]

Does this picture represent a community asset??

Kids from Bishop Ullathorne.

 

[chiefdave]

Charity matches are played at the Ricoh all the time. I myself have played there.

there's certainly been schools games there as well and I have a feeling the EFSA have run tournaments there as well.

 

[bigfatronssba]

The rumour has always been, and Robinson has always chosen not to comment on it, that Robinson made a significant amount more out of the club than he wrote off thanks to a combination of interest payments and his cut of profits on player sales. As with much from that era I don't think we'll ever know the full story.

Allegedly interest payments received by him in the late '90s were at Wonga rates.

Seems to be a familiar pattern with our owners.

 

[skybluetony176]

Ultimately then its a couple of loans which pale into insignificance compared to that Robinson? So accordingly Robinson has done far more for the club as his writing off of loans was far greater? Yes?

Bloody hell grendull, you're clutching at straws here to try and besmirch someonew who's done good by the club just because they're connected to ACL, even by your standards. Someone has written of more loans than the higgs family. So fucking what, it doesn't make the higgs loans insignificant. Lets see how many loans sisu and their cronies have written off by the time they leave or even interest on loans written off.

How many academies has Robinson built for the club enabling them to get cat2 status and secure extra funding? How many times did Robinson agree to buy something of the club because they needed the cash with an agreed formula to buy it back?

You're an idiot.

 

[skybluetony176]

Whe is to blame for CCFC playing in Northampton, £70m in debt and playing in the third tier of english football

That's easy. Andy Thorn and Anne Lucas. Grendull said so.

 

[James Smith]

Right, so basically the absolutely massive loan from Robinson wasn't interest free, but he should be congratulated for lending a relatvely smallamount interest free?

As far as I can see Robinson did not do interest free! So to link him to McGinnity (who did indeed do interest free)is giving disingenuous credit to our former 'benefactor'

I'm not defending GR in any size shape or form but the fact is he did loan the club along with McGinnity and Sir Higgs £666k each. However as I posted a while back Mr McGinnity charged interest on one of his loans to the club at 1% above base rate. Another loan was from the McGinnity family trust was being charged at 2% above base rate.

Craigavon which has something to do with Geoffrey Robinson made a secured loan to the club with 1% above bank base rate.

Sir Higgs, Mr McGinnity and Geoffrey Robinson collectively loaned the club £2m (£666,666 each I guess) unsecured and charged no interest.

I only mentioned MM and GR also loaning £666k so that I wasn't accused of leaving them out.

 

[Sky Blue Harry H]

I've a way out of all this - if Knatchbull - Hugessen have any offspring, cousins etc that can kick a ball - sign them up, and we'll only need to sell half a dozen shirts to buy the Ricoh at market value . Sorry, you can all get back to squabbling now. PUSB

 

[Nick]

I've a way out of all this - if Knatchbull - Hugessen have any offspring, cousins etc that can kick a ball - sign them up, and we'll only need to sell half a dozen shirts to buy the Ricoh at market value . Sorry, you can all get back to squabbling now. PUSB

Nah they are all lawyers I think.


*By all, I don't mean every single one, there may be some that aren't.

 

[skybluefred]

Joy promised not to "do over a charity".

And you believed her.

 

[Ian1779]

Charity matches are played at the Ricoh all the time. I myself have played there.

Money raised from such events goes to charity.

I would say that is a community asset.

This has only happened since CCFC left.

 

[skybluefred]

Sisu didn't choose them you ballbag, they contacted Nick, who contacted several posters with differing opinions on the situation. If you going to go sisu bashing at least get your facts straight moron.

You high faluting southerners should learn to respect other people's opinions, without resort to the gutter language which is all you seem capable of.

 

[Sky Blue Harry H]

Nah they are all lawyers I think.


*By all, I don't mean every single one, there may be some that aren't.

Lets have four defence lawyers then - can't do any worse than our back 4 this season ?

 

[James Smith]

Nah they are all lawyers I think.


*By all, I don't mean every single one, there may be some that aren't.

Nicely covering your ass there

 

[bigfatronssba]

This has only happened since CCFC left.

Not true. This article is dated April 29th 2008

http://cv6.coventrytelegraph.net/2008/04/holders-bishop-ullathorne-lift.html

 

[Astute]

So you are saying every single football stadium, cinema, bowling alley and place for children to 'not be on the streets' is a community asset?

Could the young people of Coventry play their football final at the Ricoh? Could the local grass roots mens competitions do the same?

That's what I mean by community asset, can be used by the regular people of Coventry in examples like this. A real community asset.

Fantastic. So if SISU ever got their hands on the Ricoh it would become a community asset. I didn't realise that myself.

 

[skybluefred]

SISU want to recap as much investment as they can in the long term. The quickest (and best) way is through CCFC being successful. So if they did have these profits then they would probably invest in the team, better players increases chances of promotion, promotion means better revenues and the cycle continues. They will want the club to get to the PL, as this is where the real money is.

You don't seem to have grasped the facts. sisu have no interest in Football or CCFC. They have made an almighty mess of the Football Club and seem
clueless on how to repair the self inflicted damage. Massive investment is needed and has not been forthcoming.