WASPS press conference from the Ricoh at 10am (18 Viewers)

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olderskyblue

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I expect Grendel has already left the Whitley building.... (unless he's at Gaydon of course)
 

olderskyblue

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is there audio coverage?
 

chiefdave

Well-Known Member
Yep, official. 50% share!

Best bet is SISU to purchase Higgs 50% share. Come to a deal with Wasps where we get all football revenues, they get all rugby revenues and everything else is split. To be honest, if you ignore the huge franchising issue, that wouldn't be a bad result all round.
 

The CableGuy

Well-Known Member
Best bet is SISU to purchase Higgs 50% share. Come to a deal with Wasps where we get all football revenues, they get all rugby revenues and everything else is split. To be honest, if you ignore the huge franchising issue, that wouldn't be a bad result all round.

That would be the ideal, common sense outcome. Which is probably why it won't happen.
 

Otis

Well-Known Member
Takeover was 2 years of meticulous planning.

Seems ACL weren't fibbing then when they said they were in talks with other parties a while back.
 

torchomatic

Well-Known Member
Nah, the council don't lie. Only SISU.

Takeover was 2 years of meticulous planning.

Seems ACL weren't fibbing then when they said they were in talks with other parties a while back.
 

Otis

Well-Known Member
Takeover was 2 years of meticulous planning.

Seems ACL weren't fibbing then when they said they were in talks with other parties a while back.

Very surprised Sisu didn't get a whiff of this at all these past 2 years.
 

olderskyblue

Well-Known Member
Pretty sure they can all hear each other to be honest.

Not sure they can, i havent seen an update in 7 minutes....
 

Otis

Well-Known Member
"It's about collaboration - not competition. I look forward to the day that Sky Blues fans look at us and say "our home is your home" and vice versa. I'm a realist and realise this will take time, though."
 

ccfcmustang

New Member
why cant SISU get the other half? it just astounds me? Half the price and they will still be able to get all revenues from when we play. CCFC need that other 50%, asap.


I hope the seats stay blue aswell, no doubt someone will ask that question though.


Welcome to Coventry, the city of franchise sport
 

chiefdave

Well-Known Member
Very surprised Sisu didn't get a whiff of this at all these past 2 years.

It was being posted about on here a couple of years ago, although it was dismissed by many as there was no chance of anyone else being interested in the Ricoh. Find it hard to believe that forum posters heard about it but SISU had no idea.
 

fernandopartridge

Well-Known Member
Best bet is SISU to purchase Higgs 50% share. Come to a deal with Wasps where we get all football revenues, they get all rugby revenues and everything else is split. To be honest, if you ignore the huge franchising issue, that wouldn't be a bad result all round.
Agree with that.
 

olderskyblue

Well-Known Member
Dai Young.... what a name
 

chiefdave

Well-Known Member
I hope the seats stay blue aswell, no doubt someone will ask that question though.

Can't keep track of what is confirmed and what is rumour but I think it was stated last night that one of the sale conditions was the seats staying Sky Blue.
 

Otis

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If the press can ask questions, then number one question has to be, 'Why haven't you spoken to the owners of Coventry City FC on this deal?'
 

The Penguin

Well-Known Member
They're claiming 2.77m pounds for the Higgs share (well, by they I mean Simon Gilbert).

That's chump change compared to the vast outlay for a stadium....
 

Ian1779

Well-Known Member
So is the other 50% still owned by Higgs?

Come on SISU, you need to purchase that 50% ASAP

Can they actually buy it? Where does the council veto sit now? Is it gone?

These are questions that also need an answer
 

Hobo

Well-Known Member
Takeover was 2 years of meticulous planning.

Seems ACL weren't fibbing then when they said they were in talks with other parties a while back.

It seems like Richardson started planning some of this before he even bought Wasps, so may not have included ACL all along in the planning stage. As pointed out on a Wasps forum, Peter Rossborough Coventry Rugby recalled discussing possibilities with him two years ago, as the Wasps fans pointed out he hadn't bought the Wasps club then.
 

torchomatic

Well-Known Member
You keep batting away those criticisms of the council.

It was being posted about on here a couple of years ago, although it was dismissed by many as there was no chance of anyone else being interested in the Ricoh. Find it hard to believe that forum posters heard about it but SISU had no idea.
 

stupot07

Well-Known Member
"We want Coventry City FC playing ALONGSIDE us."

I think the ref might notice an extra 11 players on the pitch wearing a different coloured strip...


Sent from my iPhone using Tapatalk - so please excuse any spelling or grammar errors :)
 

Otis

Well-Known Member
Can't keep track of what is confirmed and what is rumour but I think it was stated last night that one of the sale conditions was the seats staying Sky Blue.

A councillor said that.

But he was a Tory, so maybe that should be taken with a pinch of salt.
 

italiahorse

Well-Known Member
So is the other 50% still owned by Higgs?

Come on SISU, you need to purchase that 50% ASAP

I'm confused. The document says 50% but then theres this quote

For those questioning the 50-per-cent figure, our man Simon Gilbert says: "Higgs have agreed to sell. Figure is £2.77m."
He'll be chatting to the charity later today so you can expect an update this afternoon.
 

olderskyblue

Well-Known Member
So is the other 50% still owned by Higgs?

Come on SISU, you need to purchase that 50% ASAP

That could be a problem if Wasps have taken on the outstanding debt for their 50%, and SISU walk in and get 50% without contributing to that debt....
 
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