lordsummerisle
Well-Known Member
Who knows what they may have negotiated with YB, or what they were, in reality, prepared to offer?
None of us now.
You missed the bit about only being prepared to pay £5M for the £14M loan, which YB thought was not acceptable, they were right in the end.
No way this deal would have got past YB.. just no way, you are living in cloud cuckoo land..
Who knows what they may have negotiated with YB, or what they were, in reality, prepared to offer?
None of us now.
You'll go blue in the face. People only see what they want to see.As I said earlier, the proposal from Sisu to buy out the loan may not have panned out as they wanted and so the deal may not have gone ahead.
The fact that the Council went and did their own seperate deal for the ACL loan from YB means that we will never know though now, but as was stated in bold above, any deal for the Higgs shares was a non-starter from the beginning as "they knew the Council was not prepared to consent to the sale of the shares to SISU".
Far more so than our owners I am afraid yes.
I can't see that the council have done anything wrong.
As I said earlier, the proposal from Sisu to buy out the loan may not have panned out as they wanted and so the deal may not have gone ahead.
The fact that the Council went and did their own seperate deal for the ACL loan from YB means that we will never know though now, but as was stated in bold above, any deal for the Higgs shares was a non-starter from the beginning as "they knew the Council was not prepared to consent to the sale of the shares to SISU".
Was this pre or post Joy spouting about the need for the sale of the freehold?
I suspect where it falls down is SISU buying out the loan and controlling the mortgage.
The other major difference is they were buying the Higgs share only and not ACLs like Wasps.
it also says negotiations were ceased by mutual consent...as a result of a 'number' of irreconcilable differences.
I would suggest a number of differences was SISU consistently moving the goal posts (not from me but suggested to me by someone in the room so to speak). Obviously I can't say for certain.
Yes the council did not consent to the deal, but that doesn't mean a future revised bid would not have been accepted.
I say this because Fisher had a rent deal pulled by Joy....but months later Waggott went back and got a very similar deal home.
it is a frustrating mess basically
The council are wrong to have accepted Wasps as amongst other things it makes them into hypocrites and encourages franchise sport. We didn't like being moved 35miles and I can't believe that the Wasps fans are keen on a longer round trip.
Franchise sport is wrong.
I don't agree with franchise sport.
Unfortunately that explanational wouldn't cut it. If in 4 years time the city lost out on 10's of millions because the they said no to Wasps.
It's the RFU who should be blocking this.
The council has a responsibility to its electorate not the morals of rugby.
As I said our move was SISU's and the football leagues fault not Northampton's
How would the city lose tens of millions - please explain.
If SISU go ahead with their threat and move CCFC out of Coventry again that money added to the revenue, jobs and regeneration brought into the city from wasps missing. Over the next 10-20 years.
You grendel would be the first in the queue slaughtering the council for their naivety when SISU kept telling them what they were planning. ( not that you will admit)
But Lucas said that ACLs future was "bright".
SISU don't seem to be bleating and have accepted it with good grace
If SISU go ahead with their threat and move CCFC out of Coventry again that money added to the revenue, jobs and regeneration brought into the city from wasps missing. Over the next 10-20 years.
You grendel would be the first in the queue slaughtering the council for their naivety when SISU kept telling them what they were planning. ( not that you will admit)
The "point" by the way is to emphasise the glib way you quote ideas as facts and often get your facts wrong.
The deal is to buy the actual stadium according to your Great Leader so the extra elements do not count.
Its worth £60 million as the Reading stadium costs £50 million and its better (well no - you say it is) and again the build costs include conference centres and hotels. Also let us not even mention the fact that it won an award as the best mid size stadium in Europe
On this thread you mention the several games Wasps played at the Ricoh - its one
You berate franchise football but actively support this move
You glibly say that the Rugby Club and Wasps fans are not objective when every forum and public statement contradicts you
When you talk about football matters (rare I know) its usually a thread created to start an argument with an absurd statement
All the Thorn rubbish
Threads such as Chris Hussey and Kevin Malaga should be given a chance and they are great prospects
Moving Nuneaton to the Ricoh
All nonsense, all wumming and all utterly pointless
Ah so the tens of millions has no basis of fact then? Just another made up figure from nowhere?
Wasps have a good track record of keeping promises - like the commitment to build a stadium in the London area.
Another example of wumming I'm afraid.
This was pre talk about the Freehold.
Don't see where Sisu buying out the loan and controlling the mortgage and Wasps now buying the loan and(soon I'd imagine) having 100% of ACL is any different though really.
Agree it's all a frustrating mess.
Why were wasps able to do what SISU didn't. Without any fuss
Why do wasps see ACL as worth buying?
I don't agree with franchise sport.
Unfortunately that explanational wouldn't cut it. If in 4 years time the city lost out on 10's of millions because the they said no to Wasps.
It's the RFU who should be blocking this.
The council has a responsibility to its electorate not the morals of rugby.
As I said our move was SISU's and the football leagues fault not Northampton's
But Lucas said that ACLs future was "bright".
I don't agree with franchise sport.
Cardoza didn't have to take our money and open the doors of Sixfields. We approached them after being turned down elsewhere. Wasps approached the council. ...
Ah so the tens of millions has no basis of fact then? Just another made up figure from nowhere?
Wasps have a good track record of keeping promises - like the commitment to build a stadium in the London area.
Another example of wumming I'm afraid.
How many jobs will wasps moving here create?
How many jobs will wasps moving here create?
If they achieve their eventual target of 20000 fans then jobs will be created.
Also they are talking about building training facilities people have to build it and run it.
Jobs will be created of course it is impossible for me to say how many but they will.
Just like I would hazard a guess jobs would be list here and jobs created in another area when CCFC move
If, if, if. More ifs.
What do you expect from a Cov fan that is how we have been brought up.
If only we had???
Picnic Basket makers?
That's nonsense - a 250 year lease is as good as any freehold. Explain what you don't get from a 250 year lease that you do with freehold.
If, if, if. More ifs.
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