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Does anyone remember when Rob and his acolytes (I think there were 3 of them, according to here) announced (via the highly impartial Les R) they were going to present their petition at the Council House? Haha, went the majority, lol, we had 15 outside Sisu HQ and threatened the receptionist, that's a proper protest. Well, we had several statements that day, Ann Lucas saying she was happy to meet Joy woman to woman blah blah. Meetings happened, and whilst they were (obviously) not successful, they actually happened. That was a result. It's almost as though the council had a plan how to respond if they were confronted about their intransigence.
The demand that the JR be dropped as a condition of accepting the CVA. Does that not ring alarm bells with anyone? Surely if you're whiter than white there is absolutely no need to make that sort of demand?
Before I get crucified (again), I know that Sisu are a bunch of scummers etc. But there is something about the council's actions that make me suspect they are not a completely innocent party.
Agree with you there. As I've said before the solution is very easy. The club purchase Higgs share (and pay for it, not put it on the never never!), they then clear the loan and purchase CCC share. CCC then move the lease to say a 99 year lease with peppercorn rent. If the club (i.e. SISU) want to alter any of the deals in place with existing tenants they do so once they are running the whole complex. The solution is really not that difficult unless any party is determined not to agree a deal or has unrealistic demands. If SISU were to state they would be happy with this I think you would see a lot of pressure on the council to agree to it.
Sounds good but haven,t Sisu declared repeatedly that they will only return to the Ricoh as freehold owners. So talk of them coming back as leasee' s is just another waste of time.
Indeed but if we're going to take them at their word on that then we may as well give up all hope of the club ever playing in Coventry again.
The unencumbered lease is essentially impossible to achieve, my feeling is SISU know this and that is the reason they have requested it, I don't think its by accident that SISUs requirements have got more and more outlandish until they're reached a point where they're asking for something that can't be offered. In that situation all that can be done is to propose solutions which should, if sense prevailed, be acceptable to all parties[/QUOTE
They are not after an unencumbered lease but an unencumbered freehold which is vastly different and not at all impossible to achieve, but very unlikely to happen with this council maintaining that the £14 m bailout of ACL was a justifiable use of public money and further maintaining that the Ricoh Arena is a profitable enterprise without CCFC.
Personally I gave up hope of CCFC ever returning to the Ricoh a long time ago, as i see it they will either build a new stadium or maybe go the wimbledon route.
They are not after an unencumbered lease but an unencumbered freehold which is vastly different and not at all impossible to achieve, but very unlikely to happen with this council maintaining that the £14 m bailout of ACL was a justifiable use of public money and further maintaining that the Ricoh Arena is a profitable enterprise without CCFC.
Personally I gave up hope of CCFC ever returning to the Ricoh a long time ago, as i see it they will either build a new stadium or maybe go the wimbledon route.
I knew Brian Patton years ago and he was a very sound bloke. He played for the football team I used to manage and I made him captain because, although he wasn't the best player in the team, he was the best for the job, reliable and straight up. Not seen him for years but good luck to him.
They are not after an unencumbered lease but an unencumbered freehold which is vastly different and not at all impossible to achieve
Unencumbered freehold not impossible?
SISU try to make out that the arena is almost worthless as it was built for a football club and no football club plays there. This is the only reason we are playing in Northampton. So they wouldn't be prepared to pay much. So how about the cost of selling unencumbered?
Loan to be paid off 14.4m
Higgs prepared to lose 1m and sell for 5.5m
How much for all other contracts in place to be paid off? Quite a lot more millions.
They would need state aid to pay it all off. And we all know what SISU think of this :thinking about:
So CCC have the choice of keeping the arena that seems to be doing well, or spending many millions which they don't have to sell it to a hedge fund. And they couldn't even do this as they would have to put it on the open market and sell to the highest bidder. This is the law. And we all know that SISU believe in keeping to the law, although they like to stretch it as far as they can.
For the unencumbered freehold they would need to cover the £14.4 million and an amount between £2.5 and £7.5 million to The Higgs trust , there are no other contracts to be paid off for it to be an unencumbered Freehold sale.
Bearing all costs the Ricoh arena Freehold could be bought for around £25 million pound which I believe Sisu would be interested in purchasing , but with the CCC adamant that it is not for sale, this going to Drag on for many years yet.
Firstly Sisu have never ever tried to make out that the arena is worthless, show me one statement where they have stated this. This is something that is your own mind based only on your own prejudices.
For the unencumbered freehold they would need to cover the £14.4 million and an amount between £2.5 and £7.5 million to The Higgs trust , there are no other contracts to be paid off for it to be an unencumbered Freehold sale.
Bearing all costs the Ricoh arena Freehold could be bought for around £25 million pound which I believe Sisu would be interested in purchasing , but with the CCC adamant that it is not for sale, this going to Drag on for many years yet.
I know who I will be voting for.
Frankly people should vote for this guy just to get a new leader. Lucas even makes mutton look competent. She lacks any coherence or elequence and just sounds embarrasing.
She gives a dreadful impression as council leader. Who would take her seriously.
Frankly people should vote for this guy just to get a new leader. Lucas even makes mutton look competent. She lacks any coherence or elequence and just sounds embarrasing.
She gives a dreadful impression as council leader. Who would take her seriously.
Frankly people should vote for this guy just to get a new leader.
Have you seen his "I am a Tottenham fan" video on YouTube? I would say after watching that and knowing his past changes of party, he lacks coherence, eloquence and just sounds embarrassing.
Shouldn't need much of a campaign then if this is what he's up against. Surely it'll be embarrassing if he loses to such an awful woman. How many votes do you think he will win by?
I don't see what changes of party have to do with anything. As I said previously there are many examples of this with highly regarded individuals.
He won't be council leader anyway.
He will not win. She will though 70% of the electorate will not vote for her.
Remember this city elected the pre- historic Dave Nellist. Ultimately it deserves all it gets.
He will not win. She will though 70% of the electorate will not vote for her.
Remember this city elected the pre- historic Dave Nellist. Ultimately it deserves all it gets.
Who would be your choice for leader of the council?
Do you see him as a bit of a distraction then? Do you think Rob would be better spending his time on a different idea, or maybe thinking through this idea a bit more?
No its an excellent idea - I suggested it months ago. There is insufficient will or understanding from the gullible public. That's not the problem of the strategy - it is the simple and apathetic nature of the Coventry public.
No its an excellent idea - I suggested it months ago. There is insufficient will or understanding from the gullible public. That's not the problem of the strategy - it is the simple and apathetic nature of the Coventry public.
Well look on the bright side,at least this way you will have to suffer only 1 probable humiliation,as opposed to 4 or 5.WRT Ann Lucas it is because she is leader so represents the Council as a whole. In an ideal world our slate would have been against Ann Lucas (Lab, Holbrook), Michael Gammon (Con, Earlsdon) Phil Townsend (Lab, Lower Stoke) & Julia Lepoidevin (Con, Woodlands) based on leadership (AL & PT) and marginality (MG & JL) and to cover both political parties.
If we were solely bothered about votes Brian Patton would run in Henley as that is where he has the best name recognition & polling record but that doesn't really make the point of calling the Council to account.
One thing I will say is that I like Ann Lucas a lot and there's nothing personal about this as far as I'm concerned, but she is the leader at the moment and has presided over the past 12 months of this saga (on the CCC side) so it's her that gets the fun of an extra opponent in her ward.
No its an excellent idea - I suggested it months ago.
Perhaps then, you can explain why sisu should be entrusted with the stadium?
Perhaps then, you can explain why sisu should be entrusted with the stadium?
Because the Ricoh would go to CCFC and not SISU
What do you mean "entrusted" - it isn't the hanging gardens of Babylon - its a football ground which is now never used. What do you think they will do - knock it down and rebuild in the Cayman Islands?
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