So the Observer had the good sense of asking:
And see how eloquently the question is avoided and yet actually in a backward way proves my suspicion:
(Read more: Did Coventry council leader Lucas mislead taxpayers over Ricoh? | Coventry Observer )
Can you put your suspicion in simpleton terms?
ACL is sustainable and is promoting economic growth. For example, the forthcoming European Cup Match with Leinster will put millions of pounds into the local economy."
Morning glory?
You do understand its an elected role don't you? She receives expenses not a salaryDear Ann
I do hope that come early May that you find yourself without employment.
Yours sincerely,
The football club and it's fans you sold down the river you lying hypocrite
I think you owe a few people on here an apology Tony, if only you were man enough. How proud you were that the council 'won' , its a pity you couldn't see what they did to the club because of your SISU obsession. Do you get it now?
You do understand its an elected role don't you? She receives expenses not a salary
So the Observer had the good sense of asking:
And see how eloquently the question is avoided and yet actually in a backward way proves my suspicion:
(Read more: Did Coventry council leader Lucas mislead taxpayers over Ricoh? | Coventry Observer )
I don't get this. We're signed up on 2 year plus another 2 year deal if we want it. Where's the long term security that clinched the ACL takeover?
I suspect it was CCC who went to the club with nice words about a new beginning and rebuilding relationships etc. and they did it only to secure the Wasps deal. It was paramount to Wasps business plan that the club was back paying some rent, bringing in punters and help increase the stadium sponsorship value.
Had sisu said 'no thanks' the price of ACL would have been much lower (they would still have sold or even given away ACL if necessary).
I'm trying to find an accurate statement in your post. I suspect that I could be looking a long time.
I'm trying to find an accurate statement in your post. I suspect that I could be looking a long time.
Do you think the price for ACL was agreed after CCFC moved back to the Ricoh?
Where did I mention long term security?
Wasps will have to build a sustainable operation. Both Wasps and ACL are loss making ... what did Fischer say about turkeys and eagles?
With the club there for 4 years they stand a much better chance of creating a sustainable business than without us.
I never said you did. But securing an unreliable tenant for 2 years and maybe another 2 years hardly sounds like a deal clencher for a 250 year lease. What are they going to do for the other 246 years? Wing it and hope it all comes good?
The importance of CCFC returning to the Ricoh (other than to it's fan base) sounds overplayed. That's all I'm pointing out.
Well, one obvious point is that if Wasps needed CCFC at the RA for their business plan to work then Wasps would have required the licence to be more than 2 plus 2.
Correct. Bringing CCFC was a political move, nothing more. Especially at the rent being paid.
So Wasps don't really need CCFC there?
Why the sudden rush for CCFC to get back then around the same time as the buying of the Ricoh? To scupper the deal?
Political move by who? CCC or SISU?
Was it to try and soften the blow of Wasps?
Correct. Bringing CCFC was a political move, nothing more. Especially at the rent being paid.
To try and soften the wasps news or mask it?not sure Sisu give a monkeys about how they are perceived. Suspect the Council do.
I never said you did. But securing an unreliable tenant for 2 years and maybe another 2 years hardly sounds like a deal clencher for a 250 year lease. What are they going to do for the other 246 years? Wing it and hope it all comes good?
The importance of CCFC returning to the Ricoh (other than to it's fan base) sounds overplayed. That's all I'm pointing out.
I guess it depends why ccc needed the club back for political reasons surely?So basically CCC needed CCFC back for political reasons. It made no difference to you and SISU really did overplay their hand with the Northampton debacle meaning fan power did win the day and the boycott worked.
By the way. How do you feel about the Tigers advertising by the Ricoh?
Well, one obvious point is that if Wasps needed CCFC at the RA for their business plan to work then Wasps would have required the licence to be more than 2 plus 2.
Exactly an ex shop steward for Bernie Inn running the City before her a former binman (Muttonhead) and we wonder why we now live in a second rate city!I know. Everyone she croaks in an interview I find it cringe making that she represents the city of my birth.
How is the city ever going to be taken seriously with her at the helm?
Correct. Bringing CCFC was a political move, nothing more. Especially at the rent being paid.
Does it not make you just a tiny bit curious as to how little money actually change hands in the deal?
(We don't even know if Wasps have paid cash for the shares. I would usually assume they did, but I won't be surprised if they got some sort of a payment plan).
Why isn't the loan paid out? Surely the council would have insisted the loan be paid out immediately? If not to avoid the coupling between loaning £14m to a hedge fund while not having money to avoid huge cuts on public service, then at least to avoid the risk of ACL going bankrupt in the future and have to write off the remaining part of the loan.
But cash flow aside - Bringing the club back adds value to the deal. What would the price be had the club stayed away?
Makes no sense at all.
It would have been political safer selling an empty stadium.
Surely ccc could blame sisu more If ccfc was still in Northampton?Really?
Really?
Surely ccc could blame sisu more If ccfc was still in Northampton?
An empty stadium does not service the Council debt. An empty stadium does not look good for us locals. Bringing CCFC back, having debt serviced, bringing a top tier rugby club to Coventry gives the politicians a warm glow about how clever they are.
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?