Judicial review day 3 - judgement day (7 Viewers)

[Jack Griffin]

The prudential borrowing increased the council's exposure by 155% from 12/13 according to their website. Wonder what the original £9m was for.

The original contribution to the Arena building project..?

 

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[Rob S]

The agony continues!

 

[Sub]

Simon Gilbert@TheSimonGilbert · now Sisu finished. Judge says he will reserve judgment. Won't hand it down before June 30.

 

[Sub]

simon Gilbert@TheSimonGilbert · 13s All wrapped up. No decisions before June 30.

 

[ccfcway]

part of me hopes the judge sums up with...

"it seems to me that this is all standard business practice, but don't get me wrong, 2 turkeys does not an eagle make. I am not posturing and there is a belief that I wont do this, but I will consider my verdict and have already narrowed it down to 2 or 3 possibilities. I will announce it within 3 weeks."

 

[AFCCOVENTRY]

@TheSimonGilbert: Sisu finished. Judge says he will reserve judgment. Won't hand it down before June 30.

 

[AFCCOVENTRY]

Brilliant...big wait for the judgement

 

[ccfcway]

part of me hopes the judge sums up with...

"it seems to me that this is all standard business practice, but don't get me wrong, 2 turkeys does not an eagle make. I am not posturing and there is a belief that I wont do this, but I will consider my verdict and have already narrowed it down to 2 or 3 possibilities. I will announce it within 3 weeks."

bloody hell, it is "within 3 weeks"

almost poetic justice

 

[duffer]

As this has turned into MumsNet, anyone been to ThinkTank in Birmingham? Was thinking of taking the little one.

Not been, but I'd recommend Burton Dassett. £1.50 to park, and massive hills for them to climb up and roll down, hence they're completely knackered by the time they get home and I can watch the football in peace in the evening. You owe me a pint.

 

[Godiva]

So are you saying that the matches held at the RIcoh during the London Olympics could have possibly been held at the Parken Stadium in Copenhagen?

No - I am saying that international matches have been played at the Ricoh - so de facto the Ricoh is an international stadium.
Any public means given to the Ricoh has to be considered unfair trade unless the same means are given to all other international stadiums in the EU.
Otherwise it's unfair trade between member states.

 

[SkyBlue76]

Ha ha. brilliant. announcement to be made within 3 weeks. You couldn't make this up.

 

[RegTheDonk]

In that case ARVO is the same as the 5 funds who brought in the initial loans. Is he saying is was ARVO all the way?

I don't get why this is relevant to the state aid thing. Are they trying to say they have put in £50M which shows they have money and could have brought the YB loan if they had the chance?

 

[ccfcway]

only 18 sleeps till the next time we are in court.

 

[duffer]

judge hoping to hand down judgment week of 30th june!

ffs!

 

[Sub]

We are done.
Judgement expected in the week starting June 30.

 

[ccfcway]

Ha ha. brilliant. announcement to be made within 3 weeks. You couldn't make this up.

the judge is having a tin bath

 

[Sky Blue Kid]

when is a line drawn under this, do CCC get a chance to respond, or can only SISU ?

My sentiments exactly. SISU Lawyers have had more than their fair share of talk time. 2 days out of 3.

 

[ccfcway]

wonder if this will impact on Pressleys "we will be very active in the last 2 weeks of the month"

 

[ccfcway]

My sentiments exactly. SISU Lawyers have had more than their fair share of talk time. 2 days out of 3.

they actually got to speak on all 3 days

 

[SkyBlue76]

My sentiments exactly. SISU Lawyers have had more than their fair share of talk time. 2 days out of 3.

True, but talking bollocks twice doesn't make it any less bollocks.

 

[Deleted member 5849]

Not been, but I'd recommend Burton Dassett. £1.50 to park, and massive hills for them to climb up and roll down, hence they're completely knackered by the time they get home and I can watch the football in peace in the evening. You owe me a pint.

Burton Dassett is indeed a quality (if windy!) place. Many happy weekends of my youth spent plummetting down the dunes by what's now the toilets!

 

[covcity4life]

Was his train late?

no excuses,it was byng on time.

 

[martcov]

No - I am saying that international matches have been played at the Ricoh - so de facto the Ricoh is an international stadium.
Any public means given to the Ricoh has to be considered unfair trade unless the same means are given to all other international stadiums in the EU.
Otherwise it's unfair trade between member states.

How many since the loan? Any lined up?

 

[lordsummerisle]

Not been, but I'd recommend Burton Dassett. £1.50 to park, and massive hills for them to climb up and roll down, hence they're completely knackered by the time they get home and I can watch the football in peace in the evening. You owe me a pint.

Don't take your family there at night for Gods sake!

 

[shmmeee]

So are we at least going to get a 3 week proper PR war to talk about, or will people be gagged until the decision so as not to pre-empt the judge?

 

[Sky Blues]

The Football League fixture list is released June 18, so decisions on whether City are in or out of the league (for whatever reason) will have to be made before the results of the judicial review are known.

 

[oldskyblue58]

Simon Gilbert@TheSimonGilbert · 12s Sisu QC says ARVO has invested over £50m into Coventry City since 2008.

The audited accounts do not show that............... it was for ARVO 13.4m by 31/05/13 plus interest £1.56m...... and the Cayman Islands register of Mutuals shows ARVO Master fund as registered 20/03/2012. I am sure there is a reasonable explanation though.

Total owed to SISU investors by 31/05/13 was £28.5m plus interest £456k

all together £43.91 if you accept it was all cash paid in on behalf of the club, and if that claim is true means in last year it has cost SISU/ARVO at least £7m to have invested over £50m to date

 

[Jack Griffin]

The Football League fixture list is released June 18, so decisions on whether City are in or out of the league (for whatever reason) will have to be made before the results of the judicial review are known.

It won't effect them, CCFC are playing at Sixfields next season whatever the judgement.

 

[shmmeee]

The Football League fixture list is released June 18, so decisions on whether City are in or out of the league (for whatever reason) will have to be made before the results of the judicial review are known.

We'll be in the league, playing at Sixfields. It's the easiest option and therefore the one the FL will take.

 

[lordsummerisle]

Burton Dassett is indeed a quality (if windy!) place. Many happy weekends of my youth spent plummetting down the dunes by what's now the toilets!

You started dogging young then?

 

[duffer]

Don't take your family there at night for Gods sake!

Unless it's your sister. And you're from Leicester.

 

[ccfcway]

As a cov fan i have started today optimistic, safe in the knowledge by the end of the day I will end up confused and dissapointed

well, we should never be shocked should we !

 

[Jack Griffin]

So are we at least going to get a 3 week proper PR war to talk about, or will people be gagged until the decision so as not to pre-empt the judge?

I expect Labovich will get on CWR soon, then there is this forum on 27th, just before the judgement, pity wish it was a few days after.. too many question will still be unanswered.

 

[fernandopartridge]

My sentiments exactly. SISU Lawyers have had more than their fair share of talk time. 2 days out of 3.

The council had the opportunity but didn't want to. They're the defendant and the onus is on the claimant to present their case.

 

[Deleted member 5849]

I expect Labovich will get on CWR soon, then there is this forum on 27th, just before the judgement, pity wish it was a few days after.. too many question will still be unanswered.

I know it's a paradoxical thing to say as I think the forum's daft anyway... but surely, *surely* they have to rearrange it now for after the verdict?!?