skyblue025
Well-Known Member
The stadium lease reverts back to the council if Wasps go pop. There is no way CCC are going to sell the Ricoh to SISU on the cheap. Never going to happen.
The stadium lease reverts back to the council if Wasps go pop. There is no way CCC are going to sell the Ricoh to SISU on the cheap. Never going to happen.I worded my post poorly!
Wasps are more likely to go bust now by Covid so this surely give SISU and opputunity earlier than enviaged to obtain the Ricoh and get us back playing in Coventry?
The stadium lease reverts back to the council if Wasps go pop. There is no way CCC are going to sell the Ricoh to SISU on the cheap. Never going to happen.
The stadium lease reverts back to the council if Wasps go pop. There is no way CCC are going to sell the Ricoh to SISU on the cheap. Never going to happen.
If losing rights to the Ricoh is the most damaging thing that could ever happen to the club we probably shouldn’t have been so gung ho about not needing it really.
Can bitch and moan that we shouldn’t have been taken seriously, but the clubs official position for years has been we neither need not want the Ricoh.
Play stupid games, win stupid prizes.
That is part of the swings-and-roundabouts of their entire argument. Even if they did win their court case all that's going to do is push the price of the stadium up. They can't argue it was undervalued if they then offer a similar amount for it. Totally undermines their case.
Er no as the default lease reverts back to the council
If it reverts back to the council I would like to see an open bidding process where everyone interested is bidding on the same thing. Lets get things out in the open. I would also expect pressure to be put on the council to ensure, and properly this time, that any owner had to make provision for CCFC to play there.....at which point they could bid for it. But to back up their own argument they'd have to offer significantly more than Wasps did in order not to undermine their legal argument of it being undervalued. Which then puts paid to their strategy of trying to get it on the cheap like they did with the rent strike.
If it reverts back to the council I would like to see an open bidding process where everyone interested is bidding on the same thing. Lets get things out in the open. I would also expect pressure to be put on the council to ensure, and properly this time, that any owner had to make provision for CCFC to play there.
I can think of at least two other potential bidders besides CCFC but somebody else owning it isn't necessarily bad news as long as there's still the option for CCFC to have a fair deal.
Sorry RoS I think that’s very negative. From what Ive seen this season I have no doubt we will hold our own next season . Winning becomes a habit and quite a few teams have had successive promotions as a result .I don't want to get promoted just to go on a nostalgia tour & sit there admiring these Championship clubs & grounds, the games I'm looking forward to are the one we win so that we can stay up, not bothered at all about the glamour
Sorry RoS I think that’s very negative. From what Ive seen this season I have no doubt we will hold our own next season . Winning becomes a habit and quite a few teams have had successive promotions as a result .
Sorry RoS I think that’s very negative. From what Ive seen this season I have no doubt we will hold our own next season . Winning becomes a habit and quite a few teams have had successive promotions as a result .
If it reverts back to the council I would like to see an open bidding process where everyone interested is bidding on the same thing. Lets get things out in the open. I would also expect pressure to be put on the council to ensure, and properly this time, that any owner had to make provision for CCFC to play there.
I can think of at least two other potential bidders besides CCFC but somebody else owning it isn't necessarily bad news as long as there's still the option for CCFC to have a fair deal.
Apart from the minor detail of having huge budgets to reach the PL, you mean?Sorry RoS I think that’s very negative. From what Ive seen this season I have no doubt we will hold our own next season . Winning becomes a habit and quite a few teams have had successive promotions as a result .
I am positive and I also have no doubt we'll stay up, not what I meant at all. Maybe I'm old enough but trips to the City Ground, Blackburn etc- done it all before and I don't really see the glamour in it.
I wasn’t suggesting we’ll go straight through but it has been done in several occasions . Anyway the lunacy of obscene transfer fees and player wages in PL is going to collapse pretty soon anywayApart from the minor detail of having huge budgets to reach the PL, you mean?
....at which point they could bid for it. But to back up their own argument they'd have to offer significantly more than Wasps did in order not to undermine their legal argument of it being undervalued. Which then puts paid to their strategy of trying to get it on the cheap like they did with the rent strike.
No they wouldn’t ACL would be in admin and either the council take it back on original terms or it can go through a admin process they would just have to satisfy admin rules
I wasn’t suggesting we’ll go straight through but it has been done in several occasions . Anyway the lunacy of obscene transfer fees and player wages in PL is going to collapse pretty soon anyway
If such a scenario happened, what other major club in any sport would the council have queuing up then? The list is a short one and the people of Coventry/taxpayers I think would have a lot to say this time around.
In all seriousness there were no other sporting clubs queuing up to buy it when Joy took us to Northampton and Timmy said exactly the same as you. The council have been paid for the stadium by Wasps. They can sell it too the highest bidder and it will be money in the coffers. Coventry RFC? Property developer? SISU? Another sporting club? The majority of the tax payers of Coventry aren't that bothered. It's a small percentage who actually attend games.
In all seriousness there were no other sporting clubs queuing up to buy it when Joy took us to Northampton and Timmy said exactly the same as you. The council have been paid for the stadium by Wasps. They can sell it too the highest bidder and it will be money in the coffers. Coventry RFC? Property developer? SISU? Another sporting club? The majority of the tax payers of Coventry aren't that bothered. It's a small percentage who actually attend games.
The company I work for applied, and got, a covid loan but they had to put a hell of a lot of work in to get it approved as they have to prove they are a viable business and will be able to repay. And that was to borrow, in the grand scheme of things, a relatively small amount by a company that has decades of decent accounts.Have I missed something?
Are wasps in anymore trouble than a few months ago....or is this wishful thinking combined with the promotion?
Saw on BBC sport that spurs got a covid loan for ground - could wasps get this and therefore not be in as much trouble?
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