Council and Sky Blues in court tomorrow (4 Viewers)

[torchomatic]

I have to say it does seem odd. I wouldn't have thought CCC would have been stupid enough not to minute the meeting considering they probably guessed what the reaction would be from SISU. And even without that just to put on record why and how for their council tax payers.

So are you stating as fact that no notes of any kind were made on this?

 

---

[The Gentleman]

That's what Simon said on his tweet... Live from the courtroom. Though there may have been individual councillors notes.

So what the hell are Sisu asking for then, no notes/minutes then no case surely?

 

[Ian1779]

So what the hell are Sisu asking for then, no notes/minutes then no case surely?

Would you not think minutes would be relevant on a decision like this?

 

[John_Silletts_Nose]

So just to be clear, the meeting where £14m of taxpayers money was agreed to be spent - was NOT minuted.

Just let that sink in for a few seconds before you gasp at the ineptness.

Here is an example of where wording of the law will be most important in this and all cases. Many on here (on both sides) misquote statements to emphasise their points.

"Spent" and "Loaned" are not the same thing. The money was not spent, it was loaned which indicates that it will be paid back.

Should such meeting be minuted, in my opinion I would expect so but this does not mean anything in law or council process and does not necessarily indicate an ineptness.

 

[James Smith]

I don't think he been be sent to prison for it, they must just be trying to paint a picture of him wanting them gone.

To be fair that probably wasn't just him and may well include many of our fellow supporters.

 

[torchomatic]

So considering the sums involved do you think it was sensible not to take minutes if that is the case?

Should such meeting be minuted, in my opinion I would expect so but this does not mean anything in law or council process and does not necessarily indicate an ineptness.

 

[covmark]

Bloody hell How much did that cost CCFC and its just been thrown out !!

Oh dear

 

[torchomatic]

True, but there is obviously a clear distinction between supporters and the leader of the council.

To be fair that probably wasn't just him and may well include many of our fellow supporters.

 

[wingy]

True, but there is obviously a clear distinction between supporters and the leader of the council.

Depends which hat he's wearing on the given day .

If he was in the Directors box In his regalia or sitting among the rest of us In his City shirt.

 

[torchomatic]

Mmm...maybe, I understand that he's a fan like the rest of us but with position comes responsibility....

Depends which hat he's wearing on the given day .

If he was in the Directors box In his regalia or sitting among the rest of us In his City shirt.

 

[James Smith]

I'm working in London...................................................Derry today . So that's me out

I had Monday and Tuesday off this week and really wish it had been today instead. Suspect I wouldn't make it to the courts in time after work either (unless they go on into the evening) - sorry.

 

[The Gentleman]

Would you not think minutes would be relevant on a decision like this?

For me, don't care as much as some on here and I'm not in a position to say whether it needed to be. You say it like it is something you are desperate to see. I have never asked to see or whether minutes are taken on meeting where £1 billion is spent on the NHS and I'm not bothered whether they were taken here. All I would want to know is that any payment had been lawful, if not then I would make an informed decision but to get all in a flap because no official minutes are taken, now you are sounding like Labovitch.

 

[Kingokings204]

Simon Gilbert @TheSimonGilbert · 3m Coun QC said Higgs case was a 'sideshow' and not relevant to delay in disclosure request in this hearing.

 

[ricohroar]

Is that some sort of threat?

~No Tim er I mean Nick its not. Why would you see it as one?

 

[DaleM]

Mmm...maybe, I understand that he's a fan like the rest of us but with position comes responsibility....

What like Spiderman ?

 

[Astute]

No I'll just wait for you to say it's not wrong because sisu haven't sued them.

Isn't this the next best thing to suing them?

And I never said sue them. I said litigation. And that is exactly what this is. So doesn't it prove what I said? :thinking about:

 

[Sky Blues]

A record of the meeting can be found here: http://democraticservices.coventry.gov.uk/ieListDocuments.aspx?CId=130&MId=9256&Ver=4
Apologies if someone else has posted it in the few minutes that took me to find.

 

[torchomatic]

If that's the case then you can't use the "poor old tax payer" argument when it comes to ACL/Higgs/CCC/SISU as you're seemingly not too bothered how decisions regarding £14M of public money were decided.

For me, don't care as much as some on here and I'm not in a position to say whether it needed to be. You say it like it is something you are desperate to see. I have never asked to see or whether minutes are taken on meeting where £1 billion is spent on the NHS and I'm not bothered whether they were taken here. All I would want to know is that any payment had been lawful, if not then I would make an informed decision but to get all in a flap because no official minutes are taken, now you are sounding like Labovitch.

 

[covmark]

~No Tim er I mean Nick its not. Why would you see it as one?

Fucking hell, that's original, why didn't I think of amusingly calling someone Tim.

 

[James Smith]

So just to be clear, the meeting where £14m of taxpayers money was agreed to be spent - was NOT minuted.

Just let that sink in for a few seconds before you gasp at the ineptness.

Loaned not spent surely?

 

[torchomatic]

Ah, document restricted.

A record of the meeting can be found here: http://democraticservices.coventry.gov.uk/ieListDocuments.aspx?CId=130&MId=9256&Ver=4
Apologies if someone else has posted it in the few minutes that took me to find.

 

[Ian1779]

For me, don't care as much as some on here and I'm not in a position to say whether it needed to be. You say it like it is something you are desperate to see. I have never asked to see or whether minutes are taken on meeting where £1 billion is spent on the NHS and I'm not bothered whether they were taken here. All I would want to know is that any payment had been lawful, if not then I would make an informed decision but to get all in a flap because no official minutes are taken, now you are sounding like Labovitch.

Unbelievable - you sound like a politician.

 

[torchomatic]

Nitpicking surely? There is still a £14M sized hole in the councils' coffers.

Loaned not spent surely?

 

[DaleM]

Written Summary of part of the proceedings on 15 Janu
ary 2013 relating to the Capital Refinancing item

In 2003 the Council approved the Arena project. The
main aim of the project was to regenerate a derelict fo
rmer gas works site to provide a modern
multi-use Arena. The project has been highly successfu
l in regeneration, job creation and inward investment term
s. It has created 500+ jobs with the
associated retail park, a successful venue for concert
s conferences/exhibitions and sporting events including the
Olympics 2012.s

Arena Coventry Limited (ACL) is the occupational tenant
and operates the management of the Ricoh Arena. ACL
is owned 50% by the Council and
50% by the Alan Edward Higgs Charity (AEHC). The Counc
il own the freehold of the Arena site and is the head la
ndlord. Coventry City Football Club
is separate to ACL and is owned by SISU. CCFC are a
main anchor tenant and required to pay £1.3m per annu
m in rent to ACL under a licence to
use the stadium. Since April 2012 CCFC have withheld the
rent payable to ACL and no agreement regarding the arrea
rs has been reached

The report referred to the Council’s fiduciary responsibilit
y and the possible options and risks that the Council con
sider in order to protect its public
investment in ACL and the Arena project. The recom
mended option was for the Council to buy out the bank
debt owed by ACL and refinance that
debt to ACL through a new loan for £14.4m. That would
significantly improve ACL’s financial position, protect ACL'
s assets from any action from the
bank and protect the Council’s 50% shareholding.

The decisions provided approval for:-

The Council to use its prudential powers to borrow the s
um of £14.4 million.

The Council to provide a loan of £14.4 million to Arena Cov
entry Limited.

Delegated authority be given to the Assistant Director (Fin
ancial Management) and the Council Solicitor to agree detaile
d terms of the transaction with
the bank and ACL.

Delegated authority be given to the Assistant Director (Fin
ancial Management) and the Council Solicitor as appropriate,
in consultation with the Leader
and Deputy Leader of the Council and Leader of the Op
position or his nominee to make any variations or new requ
irements to give effect to the
proposals that are deemed necessary.


So there is also a webcast of the meeting available . As good as minutes IMO

 

[DaleM]

Ah, document restricted.

I just got straight into it . Posted above.

 

[Astute]

Loaned not spent surely?

Wasted and not spent surely?

 

[ricohroar]

Fucking hell, that's original, why didn't I think of amusingly calling someone Tim.

Yeah Mark, your so cool..... do excuse me

 

[wingy]

Mmm...maybe, I understand that he's a fan like the rest of us but with position comes responsibility....

Worth recalling he was being bombarded with e-mails advising not to deal at the time .

Speaking In the media at the time in the way he did was extremely naive ,poor judgement .

No more than that for me ,don't think the sinister portrayal fits anymore than the other side ,although It fits my viewpoint that while all hold responsibility for the mess ,80-20% ,90-10% whatever ,the owners hold responsibility for the club and have been disastrous for our competitive status.

 

[John_Silletts_Nose]

So considering the sums involved do you think it was sensible not to take minutes if that is the case?

If you re-read my comment you would not have to ask that question as I have stated my opinion that I would expect minutes and further to this I have commented that my opinion has no relevance to the law or standard procedures followed.

 

[torchomatic]

I do recall it. People on here were swapping templates FFS.

Worth recalling he was being bombarded with e-mails advising not to deal at the time .

Speaking In the media at the time in the way he did was extremely naive ,poor judgement .

No more than that for me ,don't think the sinister portrayal fits anymore than the other side ,although It fits my viewpoint that while all hold responsibility for the mess ,80-20% ,90-10% whatever ,the owners hold responsibility for the club and have been disastrous for our competitive status.

 

[The Gentleman]

If that's the case then you can't use the "poor old tax payer" argument when it comes to ACL/Higgs/CCC/SISU as you're seemingly not too bothered how decisions regarding £14M of public money were decided.

I am bothered by decisions that directly affect me, if this was a loan that is to be re-payed with a small profit why would I be bothered. You might be able to prove me wrong but where have I used the phrase "poor old tax payer"?

 

[James Smith]

Is that some sort of threat?

I hope not, especially if you look at what happened to Tim after the Brentford game.

 

[John_Silletts_Nose]

Nitpicking surely? There is still a £14M sized hole in the councils' coffers.

You clearly don't work in the legal profession, law can be about a lot of nitpicking.

I suspect that we will find that amongst all the vile and anger in this case it will be decided upon the interpretation of the rule of law, or nitpicking if you prefer.

 

[Danceswithhorses]

Nitpicking surely? There is still a £14M sized hole in the councils' coffers.

£14 million less in cash
£14 million more in debtors (ie an asset), with interest due as extra income.

Think you forgot to mention that

 

[martcov]

So just to be clear, the meeting where £14m of taxpayers money was agreed to be spent - was NOT minuted.

Just let that sink in for a few seconds before you gasp at the ineptness.

If that is so, it is hardly inept, rather clever as in "standard business practice" or the accounts being sloppy, players registrations being with another company or "losing" the golden share at the right time and then finding it again.