D
I think many self-centred people who support CCFC/Wasps are perhaps the ones suggesting the council have done something bad on this.
The council are perhaps doing their duty to do what is best for their community as a whole is this. In case anyone's unaware - that extends well beyond CCFC.
PUSB
No,because in the Waps offer, the lease is for 250 years(though you have a bizarre opinion that the longer it is the less worth it has), the loan is also being paid off gradually, not to be discharged immediately as it was under the Sisu offer(negotiations with YB aside).
Really, what do you see that is so much better about the Wasps offer?
An extra £1.5million(for 100% of ACL), for an extra 125 years on the lease than Sisu wanted?
You wouldn't believe we're all fans of the same team judging by this thread.
You seem to have a problem with reading and understanding, maybe you're out of your depth with this one.
I have not said the longer a lease is the less it is worth, why you would make that up I've no idea.
I'll try and make it simpler, I have said that, broadly, a lease that will last longer than the stadium isn't worth any more (not less, remember) than a lease that does last that long. You can't seriously have an issue with that.
You brush aside the small issue of negotiations being required with the bank to write off most of the loan. Incredible.
You started this off saying the SISU offer was better, I asked how you came to that conclusion. You haven't been able to to, because it wasn't.
The reported Wasps offer is for more money, without being tied to impossible loan negotiations. It's a better offer.
Dons defending them
Sent from my iPhone using Tapatalk - so please excuse any spelling or grammar errors
I am yes.
I am defending on whole Coventry people
Some Coventry fans making decisions for the good of the people if Coventry as a whole.
Sometimes we are not going to like those decisions.
However you can bet your life that when both sides agree on something. Then they are definitely making the decision because the believe it is the right one.
Not because they hate SISU or that they somehow get a personal benefit out of it.
The only thing they can be criticised for us that they have encouraged franchising.
However if they turned this deal down because they took a moral stance against franchising they would get absolutely slaughtered. It is not their job to police franchising in sport. In the case its the RFU's job and they have failed dismally
So a 250 year lease is worth no more than a 125 year lease?
I have never brushed aside the issue of the loan negotiations at all, merely mentioned that that Sisu had no opportunity to negotiate because the council(Standard business practice) went behind Sisu's back to deal direct with YB.
We will never know now what they may have negotiated, and what they may actually have agreed to pay in reality, as I have stated many times on here.
Think that comprehension may be a problem for you on this.
Besides, all irrelevant as Higgs knew that CCC wouldn't agree to any deal between and Sisu anyway.
Wasnt it said in the jrHiggs knew the council wouldn't agree to any deal involving SISU? I take it that is just your opinion?
Higgs knew the council wouldn't agree to any deal involving SISU? I take it that is just your opinion?
How has it benefited the people of coventry?I am yes.
I am defending on whole Coventry people, some of them Coventry fans, making decisions for the good of the people of Coventry as a whole.
Sometimes we are not going to like those decisions. However you can bet your life that when both sides agree on something. Then they are definitely making the decision because the believe it is the right one.
Not because they hate SISU or that they somehow get a personal benefit out of it.
The only thing they can be criticised for us that they have encouraged franchising. However if they turned this deal down because they took a moral stance against franchising they would get absolutely slaughtered. It is not their job to police franchising in sport. In the case its the RFU's job and they have failed dismally
How has it benefited the people of coventry?
I suggest you read your own thread. Unlike you he had facts to support his statements.
Protecting jobs, it will create more jobs.
The council have a return on its investment
The charity will get money it wants to spend in the city
As distasteful as it is people from Coventry will attend to watch top level rugby.
People will come into the area and spend money on match days.
The Ricoh's profile will raise which will be good for attracting future events....
According to higgs trustees I think it wasIt is a fact that if Higgs and SISU finally agreed on their deal the council would have veto'ed it?
It is a fact that if Higgs and SISU finally agreed on their deal the council would have veto'ed it?
Wasnt it said in the jr
As no deal was ever finalised it will never be anything other than opinion.
So a 250 year lease is worth no more than a 125 year lease?
I have never brushed aside the issue of the loan negotiations at all, merely mentioned that that Sisu had no opportunity to negotiate because the council(Standard business practice) went behind Sisu's back to deal direct with YB.
We will never know now what they may have negotiated, and what they may actually have agreed to pay in reality, as I have stated many times on here.
Think that comprehension may be a problem for you on this.
Besides, all irrelevant as Higgs knew that CCC wouldn't agree to any deal between and Sisu anyway.
It is a fact that if Higgs and SISU finally agreed on their deal the council would have veto'ed it?
No evidence as usual. Just your opinion with not even an attempt to back it up with a shred of evidence.
Hang on a minute, I just get in my tardis, pop to the future and get the proof for you, no problem.......
I take it you think wasps coming here will lead to less money getting spent here by sports fans from other areas.
Will bring less money into our economy.
That the council did not get a return in their investment.
That the charity will spend less on the city as a result of getting its 2.77 million.
That nobody from Coventry will go and watch wasps and enjoy it.
That the Ricoh's profile will decrease as a result if wasps playing there.
That wasps won't build any training facilities and this won't create more jobs in the city.
Comedy
Lease - in the circumstances I've outlined, materially, yes.
The Council didn't go behind SISU's back about the loan, in fact it was SISU that were speaking to the bank even though they had no right to do so. The Council spoke to the bank about the loan, I believe this was after the judge decided that the deal SISU and Higgs were trying to do had broken down.
Loan amount, obviously we can never know the answer, and you can hide behind this, or look at what happened with the negotiations that did take place with the bank and the Council.
CCC officers did suggest that the Council would veto the deal, I believe this was in August, by which time the judge had decided the deal had broken down.
So you're suggesting that the only way to prove no deal could be made between SISU and the council would be for a deal to be made between SISU and the council?
Wait, the charity is getting less than it paid which you have just acknowledged. When ccfc offered it, there was outrage about the kids and a charity being ripped off.
Didn't somebody post saying that the rfu will force them to keep all the training and academy stuff down south?
Now it is a great deal
Worcester Warriors, who are currently playing in the Greene King IPA Championship after being relegated from the Premiership last year, have also questioned the potential move, aiming to protect their RFU academy catchment boundary that covers the Coventry area.
Read more: http://www.dailymail.co.uk/sport/ru...Coventry-says-Phil-Vickery.html#ixzz3Fw8Yt85f
Follow us: @MailOnline on Twitter | DailyMail on Facebook
I am bananas. Otherwise why am I on here so much?
Agreed about the AEHC, I certainly bitched about it.
I would interpret this a a change in situation has changed their mind. The 2 reasons that spring to mind are:
1) The price they wanted before proved unfeasible
2) Their aims are to benefit the Coventry area, they believe this purchase will do just that.
The RFU position was that they keep the Wasps academy down south as each club has defined 'catchment areas' and the Coventry area is covered by Worcester, but there is no such restriction on 1st team traning facilities & this is what they are proposing to build here in Coventry.
Finally, you are not very good at research are you, took me a few mins to find that?
Didn't say it was fact, just said that somebody posted it. As bad as astute for not reading properly.
Ahh so why is it suddenly worth less now? I thought they shouldn't get a penny less than they paid?
If a chairman told his fans they were committed long term to staying in the London area and then a year later moved 100 miles away would you believe anything he said again?
Wait, the charity is getting less than it paid which you have just acknowledged. When ccfc offered it, there was outrage about the kids and a charity being ripped off.
Didn't somebody post saying that the rfu will force them to keep all the training and academy stuff down south?
Now it is a great deal
I went to watch Broad Street under 9's today, the place was buzzing with activity, I'm beginning to think Wasps will be successful in Coventry, I think we live in a much bigger Rugby community than we are aware, lots of positivity towards the move from many, even saw a Wasps shirt up there, mixed in with Saints and the Tigers shirts, No COV ones though
Those reasons could have been used before though?I gave you 2 (non mutualy exclusive) reasons. If you really want to know rather than posting this nonsense ask the trustees, write a letter if you want.
Like half of the moaners on here would know about the football."What I don't get is some posters on here who seem obsessed with one aspect and the politics, I may not agree with LAST, BHSB and Michael with some of their views and the way they go about some things but you can really see the passion for the club, the football team and the city. There are some strange posters on here though who only ever want to talk about the politics and not too fussed on the football".
"Then there are others who just seem to get their opinion from whatever is posted in the telegraph that day".
But the football is shit, and sisu are to blame, what "don't you get" about that fact Nick?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?