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Even that isnt quite right though. The "Board" is the Board of Directors. There is one director of Otium and that is Tim Fisher. There are two directors of SBS&L - Fisher & Deering The other names can be asked by the director to attend board meetings if so required. I am sure Boddy does attend...

agreed fp such an indemnity is just not going to happen

Have never said it should fall on CCFC at all. It is not their liability in any shape or form. If there is no indemnity in the original contract 2014, i would not expect CCC to fall on their sword and pay up even if they were over flowing with funds. I still doubt their ability to do it in any...

you have more confidence in that than i do - why? I have no expectation of knowing for sure any of the indemnities asked or not asked for. Given the history of this dispute i would need each party to be able to confirm exactly the same thing with no spin or interpretation - never going to happen.

Unless that is in the original contract then it isnt going to happen is it. CCC would not take a new debt on just to help wasps unless they were contractually obliged to by the deal in 2014. CCC cant afford it and could most likely say not our problem Not even sure that CCC paying it for wasps...

I dont think it is just about the cost of the legals it is the on going perceived risk. They have a large refinance to do in the not too distant future and lenders will evaluate the risk associated with that which includes the risk of a multi million pound cost if the EU case goes against CCC...

would like to see proper details of the indemnity sought by wasps. Never going to happen of course.

isnt that focussed on leaving with no deal and pre election? if there is a deal and a period of transition the point stands i think

What you have posted is not to do with state aid procedures. There is as far as i am aware no formal mechanism for a complainant to withdraw their complaint. The Commission are duty bound to investigate any complaint brought by a relevant person/entity. Once they have made a decision (even if no...

Happy New Year everyone !! Stay healthy and happy. Dream of more CCFC success PUSB's

Just about to close the office for Christmas and looking forward to a great time with my family & friends The team is doing us proud, playing good football and challenging at the right end of the table. The off field stuff should not dim that So Happy Christmas one and all, to you and your...

match report for an emphatic cup win over Ampthill COVENTRY RUGBY 64-26 AMPTHILL Match report – Coventry Rugby According to the match announcer Saturday CRFC have not had a crowd below 2000 for any of their matches this season, that's not bad going and important financially. Good atmosphere too

WCG financials can be found here https://blob.wcg.ac.uk/pdf/wcg-accounts-2017-18-bce60cb5050eb2833535baeddb6da958.pdf Core objectives would appear to be student education, not the provision of sports facilities to the general public, although i am sure that could be debated that sports...

WCG is an exempt charity the rules governing such an entity can be found here. Exempt charities (CC23) It isnt governed by the Charities Commission An exempt charity has charitable status and is required to comply with charity law, but unlike other charities it: cannot register with the...

Shows the gap between Premiership and championship is pretty big. Plenty of teams will be well beaten when they go to Newcastle (who still have the nucleus of their Premiership team). From what i can make out there was plenty of endeavour, effort & commitment from Cov. Match report here...

Good result and important the midfield are chipping in with goals. Keeps us firmly in the mix and not just for the top six.... the top two are within range

These deals are rarely if ever fully paid up front especially with such a long period Not to mention 25m doesn't solve the problem when they owe 35m

Tough game coming up on Sunday. Newcastle Falcons who are top after relegation from the Premiership last season. But Cov are 3rd and no reason to think they cant give a good account of themselves

The statements from the directors are the usual kind of thing from football directors to their fans. There are a lot of words but says little...... quite patronising Why if they have their own resources do they need an outside loan? Makes me think that they dont have the resources, given the...

The thing i would be concerned about is that the security given is many times the loan of £10m .......... it is disproportionate Also who are FPP Sunderland? Seems it was only incorporated in September 2019 by three USA residents. They say the same ownership of the club remains but the charge...