bigfatronssba
Well-Known Member
So can you explain to me why Wasps will want to do anything hostile to the football club?
Also Wasps owning the Ricoh has made no difference whatsoever to the clubs income streams.
Deluded doesn't even get close.
So closing the door on ownership of the Ricoh is a good thing for the football club because the people who own it will probably be nice and friendly for a couple of years?
Jeez. The fact they will 'respect' CCFC in the short term is of little or no consolation, and of course they will want to keep the gullible onside - these are the people who'll be buying drinks and paying £10 to park every other week. They make money from us - of course they're going to be nice, it doesn't escape the undeniable fact that the club is condemned to a future where it has to survive on less income than clubs who get fewer people through the gates.
Nailed it.
I really hope that isn't aimed at me, considering the amount of support I have shown to yourself in the past..
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Very much so. The rent boycott, the Sixfields move, the delayed liquidation of CCFC Ltd, all done to help SISU get the Ricoh cheap. CCC offer it cheap to them then the plan has worked and on they go. Then with the Ricoh secured they can sell the club for far more than they would get for a crap League 1 team alone and wipe their hands of the business.
That was the point all along.
As I've said already, this is prompted by posts on here - it's not about individuals - and another person within this thread has made a relevant point on chants at games too.
It's just a fact its a deal worth around 20 million to say otherwise is ignoring 12 million.
I know it is different to a house but when you pay 30 ground deposit for a 200 grand house and people say what did you pay for your house would you say 30 grand.
Certainly sounds like a bargain SISU would agree when said 5.5 million for all of ACL
I still don't believe you would bet your hard earn money on them doing a straight forward deal like wasps did.
So can you explain to me why Wasps will want to do anything hostile to the football club?
Also Wasps owning the Ricoh has made no difference whatsoever to the clubs income streams.
Because they thought the way to go was to distress ACL and force CCC's negotiating position. Had Wasps' chairman not shat on his own fans this would have worked. Had we negotiated the normal way things would have turned out differently though, you are right there.
I would have. Because all of SISU's actions point towards an attempt to get the Ricoh for as little as possible. Offer it to them for the same price as Wasps, they'd have taken it.
Don't see the point in going over this stuff now though, what is important is CCFC's short, medium and long term thinking as to how to proceed. Unless Wasps offer us one hell of a deal our long term future isn't at the Ricoh.
Sorry don it's spin
The £14m is ACL ltd's liability and built into their operating costs. Nothing to do with wasps holdings ltd, they won't pay a penny of it. Wasps holdings paid £6m for ACL.
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Who owns ACL if comes out of the profits the owners paying for it, spin anyway you like
If Wasps had to pay off ACL's £14m at the same time as paying for the shares I would agree on it being £20m. Fact is they didn't and have a 250 year lease to settle it.
Nailed it.
Like you may have 30 years to pay your mortgage. You still would not tell people you bought your house for 30 grand
Apart from SISU unfortunately owning CCFC. The original plan was for CCFC to own at least part of the stadium for the reasons mentioned - but look at us.: homeless, no business plan, pleased that we have a cash flow plus ( more by luck than judgement ) selling our most promising players, relying on loans and, as what almost always seem to happen, back in the relegation struggle. To cap it all we are "building our own stadium" - with absolutely no progress.
Then to say that the council "did it" - closed the door - is really taking the Micky. SISU did this to us. They are still claiming to be building their own stadium, which is why the council had to take their chance with Wasps. This club is doomed if things remain as they are. We won't ever have a new stadium in or near Coventry. The only "deluded" hope is that Wasps may at some time see an opportunity to get us on the cheap - either by distressing SISU, or SISU's investors pull the plug ( unlikely so long they get interest on their investments ).
Otherwise, things can only get worse.
That is because the bank gives you the mortgage to pay for it at the point of purchase so technically you have paid whatever it is for the house. Clutching at straws here Dongo.
I don't see how SISU could have financed the deal, they would have had to pay cash for the six million and who would finance a company that had gone bankrupt for 16 million?
They were never going to get the Ricoh and now I think they are looking for an exit strategy to claw back as much cash as they can
I don't see how SISU could have financed the deal, they would have had to pay cash for the six million and who would finance a company that had gone bankrupt for 16 million?
They were never going to get the Ricoh and now I think they are looking for an exit strategy to claw back as much cash as they can
I don't see how SISU could have financed the deal, they would have had to pay cash for the six million and who would finance a company that had gone bankrupt for 16 million?
They were never going to get the Ricoh and now I think they are looking for an exit strategy to claw back as much cash as they can
Council never made the offer to the club and if you believe SISU say the same things in public as they do behind closed doors you are sorely mistaken.
CCFC would never have owned the RICOH if SISU were in Charge. Back in 2008 they reported the option to purchase the shares from Higgs as transferred into Sky Blue sports and leisure, the parent company so don't kid yourself that with SISU as owners CCFC would have been anything other than a tennant.
I think the biggest standout issue here is that the Council/ACL/Higgs and SISU ALL messed up big time and all have egg on their faces. Not one of those entities it seems could fight their way out of a paper bag.
WASP owners on the other hand played a blinder. They have a 250 year lease of 100% of the stadium for peanuts. Who are the idiots here?
I think the biggest standout issue here is that the Council/ACL/Higgs and SISU ALL messed up big time and all have egg on their faces. Not one of those entities it seems could fight their way out of a paper bag.
WASP owners on the other hand played a blinder. They have a 250 year lease of 100% of the stadium for peanuts. Who are the idiots here?
It will be great if people can provide evidence to show why the wasps deal is great,.
Is this forum a court of law now?
All people express on here are opinions. You cannot present a fact in a forum. If we are speculating about the future, no one knows what will happen. All we can do is guess based on past experience. People may have vastly differing opinions on that. Lighten up!
What like asking for facts? Yeah, about as delusional as your rent offer.
I was agreeing with some of your points but maybe Dongo is right, you should actually back some of these random statements up with facts rather than just coming back with "What do you think about the points".
Come on, Nick, I was relying on you at least to come back with something better than that!
Come on, Nick, I was relying on you at least to come back with something better than that!
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