Grendel
Well-Known Member
When was this ever offered?
The point is that in the days when SISU's more sensible people were prepared to negotiate the Council were willing to give the football club the benefit of an extended lease for free, or as Les Reid would have probably reported it, 'a massively extended lease not offered to anyone else'. I bring it up in instances where you conveniently forget it, so yes, frequently.
You said you wished sisu were more like wasps so I took that to mean not caring where the team plays and not giving a jot about the fanbase.
The lease and conditions distressed our club. Saying that it was only a small percentage of what we were losing each year. The damage was caused by Richardson and the way he ran our club.Distress Acl? I think it was already distressed by the council's decision to only give a 50 year lease. I'm tired of saying it but the club propped up Acl. Without the extortionate rent Acl would have gone under a long time before any dispute started. Still #sisuout
I wished SISU were more like Wasps. Willing to negotiate and then sticking to what was negotiated.You said you wished sisu were more like wasps so I took that to mean not caring where the team plays and not giving a jot about the fanbase.
Negotiations?When was this ever offered?
Either you can't comprehend English or you are inventing alternative facts. Or both. I said I preferred Wasps strategy of increasing the value of the Ricoh and achieving sporting success to SISU's.
You had claimed that SISU's destructive agenda had merit.
It doesn't
When was this ever offered?
I assume you mean the massively extended lease that at the time was not offered to anyone else, it was negotiated by all parties from about Oct 2011 and agreed in principle by all parties by July 2012.When was this ever offered?
Either you can't comprehend English or you are inventing alternative facts. Or both. I said I preferred Wasps strategy of increasing the value of the Ricoh and achieving sporting success to SISU's.
You had claimed that SISU's destructive agenda had merit.
It doesn't
I assume you mean the massively extended lease that at the time was not offered to anyone else, it was negotiated by all parties from about Oct 2011 and agreed in principle by all parties by July 2012.
Why did they agree to it if they couldn't or wouldn't pay for it then?But was that just for the Higgs share and it faltered on the funding arrangements didn't it? Also it involved buying the loan from Yorkshire bank if I recall correctly?
Why did they agree to it if they couldn't or wouldn't pay for it then?
But was that just for the Higgs share and it faltered on the funding arrangements didn't it? Also it involved buying the loan from Yorkshire bank if I recall correctly?
No it wasn't. Iy was accepted by all sides in principle. But as you said yourself no proof of funds was then put forward by SISU. It was just before they took us to Northampton IIRC.I thought this was the bid that according to the council guy "was significantly above market value"'but rejected by Higgs.
No it wasn't. Iy was accepted by all sides in principle. But as you said yourself no proof of funds was then put forward by SISU. It was just before they took us to Northampton IIRC.
But was that just for the Higgs share and it faltered on the funding arrangements didn't it? Also it involved buying the loan from Yorkshire bank if I recall correctly?
The lease would be extended for ACL, the same that has happened now, and the club would have owned half of ACL. The point being everyone involved with the club have known for many years that a lease extension was available, and they knew they didn't have to pay the formula price. These were the two things I came into the thread to help you out with, but now it appears you could recall it all anyway. Such a tease.
The lease would be extended for ACL, the same that has happened now, and the club would have owned half of ACL. The point being everyone involved with the club have known for many years that a lease extension was available, and they knew they didn't have to pay the formula price. These were the two things I came into the thread to help you out with, but now it appears you could recall it all anyway. Such a cock.
But it was only made available on a deal that still left the council in overall control and paying twice the amount to Higgs for their share.
Discussed here
Council admits Ricoh Arena was not sustainable without CCFC
How would the Council be in overall control?But it was only made available on a deal that still left the council in overall control and paying twice the amount to Higgs for their share.
Discussed here
Council admits Ricoh Arena was not sustainable without CCFC
The point of discussion here was the strong suggestion that the council had for months prior to this been negotiating with Richardson to buy the arena even before his purchase of wasps to use as a vehicle for his project.
How would the Council be in overall control?
Twice the amount of what, a figure years later?
With the benefit of hindsight I believe the deal that was on the table, even for £5.5m would have been better for SISU, CCFC and Higgs than where we are now. I guess you think we're better off now.
Oh of course, you're guessing, fair enough. I've given you facts, you don't like them.It was rejected as Higgs didn't like the payment terms - I say overall control as the independent on the board would side with the council.
As an aside its a shame Lord Summerisle no longer posts on here. He had facts and discussions on this topic in significant detail.
Oh of course, you're guessing, fair enough. I've given you facts, you don't like them.
Their strategy involved buying a distressed business and moving one sports club from its base and trying to invent two others (one is done) to create three franchises.
So if sisu had say bought nene park and made a successful profitable franchise out of the club you'd support it right?
I mentioned preferring the Ricoh and sporting success for CCFC. You are now talking about Nene Park - which no one else is talking about. Wasps' Ricoh strategy has acheived for them, more than SISU's destructive strategy, has for us - so you believe SISU's strategy has merit.
I could ask why you think a strategy which has ultimately led to us being homeless in the near future and playing in League 2 has merit? You support this, right?
I supported the breaking of the original lease.
You can't support wasps strategy, however, without also supporting a move from one city or area to another as a principal - so you have to support MK Dons departure from Wimbledon and you'd have to support any move we made if the owners could demonstrate financial and sporting success can be achieved.
Lucas said many times about having talks. SISU only wanted the freehold unencumbered. So how could they come to a deal if SISU wouldn't talk?The only facts are as I outlined. The crucial point being the council share was not for sale. It is also a fact that the independent on the board always voted for the council strategy.
I seem to recall at one point you tried to claim Higgs weren't junior partners and could influence the council due to their ownership of property in the City.
Higgs will always do what the council told them in that arrangement.
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