You can't appeal a JR unless there is new evidence that comes along. What new evidence could come out when all it is about is was the loan lawful at the time it was taken out? Was the loan the best thing to do at the time it was taken out?
The old gasworks area was counted as a regeneration area. CCC were given a grant towards the costs from the European regional development fund. Part of the funding was a 21m loan. This is the loan that was refinanced. The question being asked is that although the original loan was lawful could the refinancing of the loan be unlawful?
ACL were given the choice. 1.9m rent a year or 21m down payment. The 21m option was taken. So how can it go from lawful to unlawful? The whole process was overseen by the EU commission. If anything was wrong the grant from them wouldn't have been paid. And as said only anything done at the time to secure the future of a regeneration site can be taken into context. This is why everything was thrown out by the judge that Joy brought forward in her statement and other arguments. It is nothing to do with anything anyone said.
Nothing can come from rights to the venue either as when SISU stopped paying the rent and moved out they lost all rights to agreements in place. This includes the rights to the Higgs share. I can't see how there is any more points to take litigation further with a chance of getting anywhere. And before I am asked yet again I am not a barrister. I have never said I am. I will never say I am. I do have an idea of the way the law works. Nothing else. I was just a boy who grew up in the more 'select' areas of Coventry where you were better off having an understanding of the law
Will we be coming home after this process? I would say we will. All sides, including ourselves, will be better off. CCFC coming home will make the naming rights be worth more. This would wipe out the majority of the loan on the arena. So a very low rent can be offered. This would give our club the money to go forwards and get promoted. But it will only happen once SISU stop the litigation. No more comments like CCC have been made an offer but won't talk? Why not just tell us what the offer was? We can then see for ourselves if it was a proper offer and not something like the unencumbered freehold for a fiver
The biggest worry I have is that after the JR CCC will be free to talk. Lucas said ages ago that we will find everything out once it is done. I just hope it don't cause nothing but mudslinging and more litigation for defamation or similar. But it will be good for the truth to come out. If it don't I will be outside the offices to demonstrate until we get it.