covcity4life
Well-Known Member
sisu lover
she's very contradictory. If the ricoh can survive without the club then why did ccc need to bail them out to the tune of £14m. It doesn't make sense. Posturing on both sides just frustrates fans all the more.
She's very contradictory. If the Ricoh can survive without the Club then why did CCC need to bail them out to the tune of £14M. It doesn't make sense. Posturing on both sides just frustrates fans all the more.
She's very contradictory. If the Ricoh can survive without the Club then why did CCC need to bail them out to the tune of £14M. It doesn't make sense. Posturing on both sides just frustrates fans all the more.
Why sell something that cost £100 mil to an hedge fund for less than it cost ?:blue:
It's the ultimate gamble from SISU-Fisher has 5 years potentially at Northampton; CCFC will be a non league club by that point however will ACL still be in business? If not, they can swoop at a moment's notice. This has been their intention since last April and will be until ACL capitulate-they are quite happy to let the club rot in Northampton to achieve it.
The very frustrating thing is that we don't need to actually own the Ricoh to profit from it-we just need ACL's stake in IEC.
I heard about half of it. From what I heard, she was clearly an A Grade student at the Tim Fisher school of avoiding questions. She waffled on and on and on and even at one point compared the ownership of the Ricoh to who owned the sofa at home - was it her or her husband! In a nutshell, she was asked 2 questions in the 20 minutes I heard.
1) - Would you sell the Ricoh to the owner (SISU or otherwise) of the football club, as a club should own it's own stadium.
Her answer (eventually): It is in the interest of the City for the council to retain ownership of the stadium, but she would entertain the idea of discussions.
2) What valuation would you put on the stadium should it be for sale?
Her answer (eventually): I can't answer that. The stadium cost £113m to build and the whole development cost around £240m.
Make of that what you will. It's all I got to hear, but was the bulk of the interview because she took forever to answer a question.
She did say that she is heartbroken over what has happened as she has been a supporter since 1962 and felt she had to relinquish her Season Ticket in 2010 as she could see what was happening to the club.
She also expressed her delight about the judge throwing out the Judicial review and SISU having to pay the costs, as why should the council pay for being in the right.
I think CCC & ACL realize that CCFC must own the Ricoh, I think that has become obvious even to them.
However, SISU aren't going to get their dirty mits on it
You really are a twat.
And as SISU don't seem to he going anywhere I guess we better get used to playing away from the city.
And ACL better try and think of doing something with that big green bit in the middle.
If there isn't a compromise then this football club is fucked.
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If not, they can swoop at a moment's notice.
What do you mean by this Brighton? If ACL go tits up their assets will become available to the highest bidder. That could be anyone. SISU screwed their own position by leaving the Ricoh and thereby relinquishing any preferential claim to the Ricoh on the grounds that they were sitting tenants.
Nikki Sinclaire MEP has just posted this online
http://nikkisinclairemep.blogspot.co.uk/2013/08/a-letter-to-ann-lucas-today.html
Is this just a meeting she's trying to arrange that nobody will turn up to or is this something that is actually likely to happen?
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