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  1. albatross

    Sky Blues owners to bid for Higgs' shares in ACL

    Its a process thing. The Option is nothing special it just a legally binding clause in the business relationship between Higgs and CCFC Ltd that if there is to be a sale they get a guaranteed shot at it. There is nothing stopping SISU, OTIUM, WASPs , you or me making a direct offer to Higgs for...
  2. albatross

    Higgs Share Update

    Duffer I agree with you but WASPS have a pedigree as god as any They won the Heineken Cup in 2003–04 and 2006–07, the Anglo-Welsh Cup in 1999, 2000 and 2006 and the Aviva Premiership in 1990, 1997, 2003, 2004, 2005 and 2008. They will eventually become established and push out the others not...
  3. albatross

    Higgs Share Update

    WASPS are a heavyweight in Rugby Union so being in the area will change any claims that Worcester , Leicester and Northampton have over time. How can CRFC ever hope to compete if they are starved of local talent? They are not in any position to alter that, WASPS can
  4. albatross

    Higgs Share Update

    I agree about a local team doing it but.... WASPS have shown quiet determination to make this happen and cut a deal. They then announced a local Coventry Sponsor, Whitley based Land Rover, they then set about addressing their own fans concerns about the relocation and given the antiquated...
  5. albatross

    Higgs Share Update

    I don't think that anyone would begrudge SISU / CCC/ HIGGS/WASPS or any potential owner the right to build sporting success upon a property portfolio that delivers revenue into the club and regenerates north of the city and the local economy. That is exactly what was the plan when Brian...
  6. albatross

    Higgs Share Update

    Think Oldskyblue has it bang on. This is a process thing. I cannot see WASPS entering into any agreement without there being a known outcome with due process. SISU's incompetence is breathtaking and they have poorly served their investors by not being though and underestimating the other parties.
  7. albatross

    Higgs Share Update

    If its a done deal and wasps buy it , its too late for SISU to do anything about that. Who are SISU going to sue and for what? If Higgs sell the RICOH for £2m then it kind of frames what damages they can claim , if there is any case to answer and consequential damages ( if we would have bought...
  8. albatross

    Higgs Share Update

    What possible information could SISU be looking for after god knows how many years especially since the agreement to purchase the shares has been in existence before SISU came and also lets not forget the recent court cases. More nonsense from SISU
  9. albatross

    Time to Go Sisu.

    I really Believe that owning the stadium and this 365 Revenue is a smokescreen. From Memory ACL delivered £2 to £3m in profit before the rent strike, so SISU expected to distress ACL by withholding £1.2m. Lets assume that it could be run better with new owners and recurring revenues could be...
  10. albatross

    Who Is To Blame?

    Only one answer SISU. No one else. Not CCC, not Higgs and not the supporters
  11. albatross

    A measure of lost intrest in CCFC...

    I made the sad trek upstairs to lister to CWR. Received my usual bollocking for being antisocial! On a serious note I have lost interest in going , went to some away games last season. Got 2 x tickets for the RICOH return and gave them to someone who did not manage to get them. I do not...
  12. albatross

    Time to Go Sisu.

    just noticed I said we had reached rock bottom ..... and then predicted that it would get worse....no one expects the Spanish inquisition!
  13. albatross

    Time to Go Sisu.

    As I posted on another thread. SISU only postponed and prolonged the agony for us. Their only interest was in the Ricoh and surrounding development potential the team was always secondary. As for saving us, they saved us from Admin and 10 points ...... since then we've had admin, 20 points and...
  14. albatross

    The fans are an embarrassment

    SISU only saved us from admin and a 10 point penalty. Since then we've been gone into admin and lost 20 points.
  15. albatross

    Pressley interview....

    The club can't afford to sack him. Its the only plan they are executing and will show to the world that they have poor judgement and cannot follow through with anything. This is the one thing that they can't blame on anyone else. Anyway where is the money going to come from to pay them all off...
  16. albatross

    Bristol City fans

    I think we have great supporters but the attendances reflect where the club are at present. CCFC is not a good afternoons entertainment. There will always be the Die Hard Fans who will always attend but most of us are not that committed and go to football to enjoy themselves. Would you go to...
  17. albatross

    Promotion's not in SISU's interest, but relagation is.

    The new owners of the RICOH, even if they are a Rugby team, will see the benefit in having CCFC within their Group of companies. Simply Football has much more potential on the revenue front than Rugby. With sensible ownership, sensible company structure and revenue sharing a successful CCFC...
  18. albatross

    Promotion's not in SISU's interest, but relagation is.

    SISU are all about making money . Football is all about Losing money. SISU's only plan was to OWN the RICOH and develop the surrounding area. Have a Premier league Team (Sky Blues) with Massive TV income as the anchor tenant. Then they would sell up and count their profit having saddled the...
  19. albatross

    Les Reid Update

    Since there is no majority stakeholder It will be in the articles of ACL (being a 50/50 split) that both of the shareholders will be protected by a clause that prevents the other party selling to an other investor unless it is agreed by the other party. Each shareholder will be further...
  20. albatross

    Les Reid Update

    I think Grendel has hit the nNail on the head there. This is a 100% purchase deal already agreed in principle . Any offer can be reasonably rejected by the Board of ACL if it is not in the best interests of the company. I do recall the board of Liverpool selling the club from under the...
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