So both CCC and Wasps benefit ? Win Win !
I assume your reluctance to answer the question is because you have to answer to back up your throwaway comment.
We know you prefer Wasps and CCC to benefit rather than CCFC but for most of us the football club is the priority.
Well our football club need to get off their arses and start to make a contribution.
I suspect that they are restricted by Sisu and if that's the case Sisu need to be challenged on it.
The specially invited guests at the various CCFC forums and the Anti Wasps/CCC/Higgs position of this forum rather than the Sisu challenging, lets them off the hook.
I assume your reluctance to answer the question is because you have to answer to back up your throwaway comment.
Making a contribution?
Maybe they could sponsor the next council pissup or something.
Sisu couldn't sponsor a piss up in a brewery !!
Good job nobody trusts your judgement then.
So are you saying Sisu/CCFC are doing a good job in the community ?
He is not reading the real question or ( as usual ) avoiding to answer - I only asked for his version of events to back up his statement
We can then compare to the outcomes of the JR's and see how right he was! ( Assuming we get an outcome in our lifetimes)
1) We don't know the outcome of the JR for starters as it's still ongoing. Unless you have some insider knowledge?
2) A JR isn't the reason that they had to sell unless halting a JR would have made up part of any agreement. I don't think wasps are looking or taking CCC to court for a JR on anything so that can't be it either
Maybe you aren't pretending and you really don't know what's going on
Answer the question. You suggested that they had to sell. Why did they have to sell?
They wanted rid of it so they sold it to the only bidder. Easy ?
They wanted rid of it so they sold it to the only bidder. Easy ?
Answer the question. You suggested that they had to sell. Why did they have to sell?
How many options does a distressed business have? It really isn't that difficult.
More options if it is put onto the open market, when we were sold to SISU there were a few more options weren't there?
More options if it is put onto the open market, when we were sold to SISU there were a few more options weren't there?
They didn't put it on the open market to get bids like would usually happen.
The council leader was told by ACL staff that it was washing it's face, why would she think it needed to be sold if she thought it was doing ok?
indeed there were. A distressed business with taxpayer responsibility wouldn't look at the first offer through the door would it? Very odd.
indeed there were. A distressed business with taxpayer responsibility wouldn't look at the first offer through the door would it? Very odd.
Are we still playing lets pretend on this one as well. Offers were invited publicly as well you know. Wasps made one SISU didn't. Are you suggesting SISU didn't know that offers had been publicly invited? Perhaps JS thought AL had just dropped in while passing by for a cup of tea and talk about the weather. Why do you contimue to act stupid with this.
Any links to the prospectus for it from where it was on sale? Which agents were doing it?
Is there a law or something saying that they are the only ways a business can be sold? It was publicly announced, it was on TV, on the radio and in the papers.
According to some on here there was only one show in town. Why do these same people now insist that there should have been a prospectus or agents involved? Surely in their original opinion non were needed? Is it not just another example of the hypocrisy you constantly bang on about?
Some would have you believe that wasps first shown an interest in the Ricoh 2 years ago. I guess what they're actually saying is well done CCC for giving SISU 2 years to get a bid in. Or is it not just another example of the hypocrisy you constantly bang on about?
Some say they shouldn't have took the first offer. Funny when I say that about the Wilson sale a lot of the same posters jumped on me saying it was the only offer what do you expect the club to do. Or is it not just another example of the hypocrisy you constantly bang on about?
What was the alternative to taking the only offer on the table? Admin? run the risk of getting not only less than they got but also a compromise on the loan repayment? Everybody got something back and the loan was repaid in full back to the Tax payer. I doubt that would have happened in admin.
The business was washing it's face, why the rush to sell?
I thought if tax payers money was at stake then the best deal should be found possible, which you would think is a proper sale? That is what makes it different to a normal every day business in which I would agree with you if somebody sold their plumbing business or something.
The business was washing it's face, why the rush to sell?
I thought if tax payers money was at stake then the best deal should be found possible, which you would think is a proper sale? That is what makes it different to a normal every day business in which I would agree with you if somebody sold their plumbing business or something.
See. Playing let's pretend is a team sport and the opposition were using moves like "The business was washing it's face". Same as SISU say things like our investors will cover the losses of Sixfields before selling Wilson to cover the losses of Sixfields, or we will never return back to the Ricoh as tennants before returning back to the Ricoh as tennants. It must be a new fad or something.
The Tax payers money was paid back in full and the commitment to do that was part of the deal, infact they went beyond that and paid it back early. How could there have been a better deal for the Tax payer than that? ACL wasn't solely owned by CCC it was also owned by Higgs. If CCC were selling the freehold you would have a point as there is goverment guidlines for doing that and obtaining the highest price but they wasn't. It was publicly announced, there should have been two interested parties. When some posters say there was only one show in town they were right, turns out it was Wasps more the pity for CCFC.
I didn't realise the council leader making public statements to her tax payers and lying was the same as a business owner lying about it's own business?
Yes the loan was paid back, but who is to say they could not have got more than the 2 odd million for their share with a proper sales process? The Higgs may also have got more back.
It wasn't publicly announced as for sale.
Ah yes, because SISU are bound to buy a football stadium freehold with a lease in place on it to ACL already?
Where was what Wasps bought put up for sale? 100% of ACL with the long leasehold.
Well then they needed to be buying ACL then didn't they? Are you really suggesting that SISU couldn't work that out for themselves?
Ah yes, because SISU are bound to buy a football stadium freehold with a lease in place on it to ACL already? That was always a non goer wasn't it?
Where was what Wasps bought put up for sale? 100% of ACL with the long leasehold.
You said it was put on the market, I am just asking where?
27 million?
Are you for real?
It was sold for 5.5 million and 1 million for lease extension. Yet you and others consistently ignore that ACL was never offered to CCFC or the public market at that price. The stadium was built for the club yet they were being quoted over 4 times as much as a club from London. The only rationale and reasoning you and other have is because it's SISU and what they do. Yeah you're right SISU are shit owners, some of the worst. But the club, it's community and fans are bigger than SISU, they matter more. How can you charge your local team 4 times as much?
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