Err no idea ! We'll never know either !
So by buying the loan with it not being a profitable enterprise at all put the money at risk?
What do you think would have happened if Wasps had not taken over the Ricoh ?
Do you believe with Wasps gone that Sisu would have purchased at the same price or do you think Sisu would drive the value down to zero ?
This is not meant to be a comparison between SISU and the council in levels of integrity or culpability. We all know that the hedge fund are ultimately responsible for the demise of the football club but what this does is give credence to those who think that the sale of the Ricoh elsewhere was done so in a rush and out of spite ! Ann Lucas and her cronies have stitched up local sports fans to satisfy her own lust for power and revenge !
It astonishes me the double standards of many on here - on one hand acknowledging the almost comedic quality of Fisher's inability to tell the truth, see reality or tow a coherent line; whilst at the same time admonishing the council for not being able to cut a deal with this Willow The Wisp character
“We said that ACL was profitable without the football club, the accounts show different. I fully accept that. The actual reality of not having the football club there for that year meant ACL couldn’t wash its face.But we never had a problem with the company repaying its loan and they have never come to the council requesting more money. Would they have if we hadn’t sold the company to Wasps? Who knows.”
What's wrong with that statement? Name me one businessperson who's got every projection right. I wish SISU would evidence at least one percent of that honesty and contrition
so much egg on italias face right now.
WOOP! WOOP! Wide on alert.
Dress it up as you wish...she is still a lying piece of shit, and a fucking joke. CCFC a sports franchise what the hell is she on about?
I wouldnt imagine such defence if Fisher came out with a statement like that.
It astonishes me the double standards of many on here - on one hand acknowledging the almost comedic quality of Fishers inability to tell the truth, see reality or tow a coherent line, whilst at the same time praising the council for doing the same.
I never said anything about cutting a deal with the hedge fund number 1, just can't see why she bolted down the path of selling to hedge fund number 2 if it wasn't largely out of spite. Again I am not exonerating that prick Fisher and his lying cronies just stating that two wrongs don't make a right !
Dress it up as you wish...she is still a lying piece of shit, and a fucking joke. CCFC a sports franchise what the hell is she on about?
I wouldnt imagine such defence if Fisher came out with a statement like that.
.... because the Wasps would move on and the Ricoh would be at the mercy of Sisu for many years to come.
We don't really know where it would go but from experiencing Sisu we could make a good guess.
... because we pay rates and they stopped Sisu getting the Ricoh for nothing.
... and Sisu business of getting public assets on the cheap is just wrong.
I understand why some CCFC fans are thinking if Sisu got it for nothing it could benefit CCFC, but rights right and wrongs wrong.
“We said that ACL was profitable without the football club, the accounts show different. I fully accept that. The actual reality of not having the football club there for that year meant ACL couldn’t wash its face.But we never had a problem with the company repaying its loan and they have never come to the council requesting more money. Would they have if we hadn’t sold the company to Wasps? Who knows.”
What's wrong with that statement? Name me one businessperson who's got every projection right. I wish SISU would evidence at least one percent of that honesty and contrition
Yet it's ok for a London rugby club to get a public asset on the cheap?
Devil's advocate -
Was £5.54million for a company which had just lost £400k "on the cheap"? Also worth noting, the council still retains the freehold.
I'm not saying it was right or wrong to sell to Wasps by the way. There are clearly many arguments for and against.
Lets be fair the projection came from Weber Shandwick
Devil's advocate -
Was £5.54million for a company which had just lost £400k "on the cheap"? Also worth noting, the council still retains the freehold.
I'm not saying it was right or wrong to sell to Wasps by the way. There are clearly many arguments for and against.
Yes, quite a lot of people believed it.I ain't in denial. Did anyone really believe it when it was said?
I just don't see the point in getting a wide on over. It changes nothing for the club.
.. or a skilled negotiator able to play a bad hand and win ?
What's wrong with that statement? Name me one businessperson who's got every projection right. I wish SISU would evidence at least one percent of that honesty and contrition
... because we pay rates and they stopped Sisu getting the Ricoh for nothing.
... and Sisu business of getting public assets on the cheap is just wrong.
What do you think would have happened if Wasps had not taken over the Ricoh ?
Do you believe with Wasps gone that Sisu would have purchased at the same price or do you think Sisu would drive the value down to zero ?
I still ask you - what should she have done faced with a negotiating partner who showed no desire to negotiate fairly or candidly?
I still maintain the Ricoh is unsustainable without the football ball club in situ. WASP will have their work cut out to prove me wrong. If the council had any brain cells between them they would have realised this. WASP have a honeymoon period but I fear for the long term outlook. A 250 year lease is the only comfort for WASP as I see it.
Lucas: ''the Ricoh was always built for sports franchises''.
There you are boys...some folk gave me stick for referring to CCFC as being ''franchised'' in Northampton. But your own council leader thinks of you (and Wasps) as just some franchise.
What's worse is that SISU clearly do too. And no doubt wouldn't hesitate to franchise you elsewhere (maybe as a feeder club?) if they could see it as a way to recoup their losses.
Clubs without their own stadium who aren't fan owned are increasingly just regarded as a ''franchise'' by their owners these days. Why don't CCFC fans see if they can buy the club off SISU?
Nothing to do with prediction or projections, it was clearly a lie as a negotiation tool in there battle with SISU.“We said that ACL was profitable without the football club, the accounts show different. I fully accept that. The actual reality of not having the football club there for that year meant ACL couldn’t wash its face.But we never had a problem with the company repaying its loan and they have never come to the council requesting more money. Would they have if we hadn’t sold the company to Wasps? Who knows.”
What's wrong with that statement? Name me one businessperson who's got every projection right. I wish SISU would evidence at least one percent of that honesty and contrition
I don't know, what do you think Joy should have done faced with negotiating with CCC who showed no desire to negotiate fairly or candidly?
Let me give you an example. I remember clearly stating - it's on here if you'd care to check back - what happens is SISU's negotiating stance backfires? They were using the football club as a chip on a routelle table that we couldn't afford to lose. What happens if the Arena finds another tenant? Do you remember? I even mentioned a rugby club (I actually mentioned Northampton, so I was wrong on the club, but almost bang-on with the scenario).
What did I get in return? Scoffed at. 'We're the only show in town' from a prominent and verbose poster. Danced around by his usual 'likers'.
Well, he was wrong. Did he lie? He projected something that was wrong. Lucas did the same, and she's a liar. Why aren't there more people judged liars on here if we're holding retrospective judgements like these?
Nothing to do with prediction or projections, it was clearly a lie as a negotiation tool in there battle with SISU.
Maybe it was an understandable stance to take in there situation, but lets not try and cover it up. A lie is a lie and its desperate to claim it was anything else.
I think you are suffering from some helpful selective memory.
Many people such as myself, who as you know is Saints fan, rubbished the idea of a local Rugby club such as the Tigers or Saints moving to the Ricoh, as they have healthy local fan bases so why leave them, and both have excellent homes, of which the Saints are planning to develope theirs.
What we couldnt see was the Council hypocritically tempting an essentially London Rugby club from its home, and fans, whilst berating a football club for doing the same, and proudly stating the Club should play in its home City. How convenient for them to miss this fact!
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