It is important that we continue to highlight the commitment made in 2014 by Coventry City Council to “the security and future of Coventry City Football Club” when they sold the Ricoh Arena to Wasps, which the Council now claims had an expiry date of four years only
What the fuck
What the fuck
"The Football Club has regular communication with the Owners and we make strong representations on the current situation to them."
Yes but have the football club suggested to their owners that they drop their legal action?
Just clutching at straws, it's a pitiful attempt to curry favour with the public again. No doubt this is being orchestrated by Seppala and Co from afar. They are desperate to shift blame but it seems a bit ominous to me as time is ticking.........
That's how it reads.
Translation : "We have said this to get the sale to Wasps over the line, while appeasing the CCFC fans for a short time so they don't realise we have screwed CCFC for years to come"
A secure tenancy. But also a shit tenancy from a CCFC perspective.Not to open a can of worms, but it wasn’t the council that broke the secure tenancy the club had.
I don't have enough years left on this planet to go round those circles again!Not to open a can of worms
Not to open a can of worms, but it wasn’t the council that broke the secure tenancy the club had.
What was said by Lucas was misleading, but it is a worry that the "club" place so much reliance on it. I am guessing, but i do not think there is anything in the sale agreement that says any such thing. Which is a problem if it is being relied upon to leverage a new deal.
Both SISU and Wasps are entitled to make their own choice it isnt that one side is more entitled than the other side to do it
Two other thoughts. Is it really down to CCC and wasps to maintain for ever more (or at least 250 years) the well being of CCFC, isnt that the Otium owners duty first and foremost. CCC and Wasps should not go out of their way to hamper or hinder CCFC but that is against a back drop of what is best for Wasps at the Ricoh and what is best for CCC in the city of Coventry. Wonder what would happen if CCC were to back a new stadium build now?
Second thought. Was it reasonable to assume that the club owners in their role at CCFC would show some commitment to the City of Coventry and probably the Ricoh. It wasnt until February that the latest deal was struck and up until that point it was kept open ended, and even after. It wasnt really until it sank in that perhaps Wasps might not offer another deal that you had Fisher at the end of September making his "Plan A has always been to stay at the Ricoh" statement. I think if you are going to rely on the statement you have to show evidence of commitment.
Its a complete mess, with no sign of any compromise.
What was said by Lucas was misleading, but it is a worry that the "club" place so much reliance on it. I am guessing, but i do not think there is anything in the sale agreement that says any such thing. Which is a problem if it is being relied upon to leverage a new deal.
Both SISU and Wasps are entitled to make their own choice it isnt that one side is more entitled than the other side to do it
Two other thoughts. Is it really down to CCC and wasps to maintain for ever more (or at least 250 years) the well being of CCFC, isnt that the Otium owners duty first and foremost. SISU have kept us alive but as for well being? CCC and Wasps should not go out of their way to hamper or hinder CCFC but that is against a back drop of what is best for Wasps at the Ricoh and what is best for CCC in the city of Coventry. Wonder what would happen if CCC were to back a new stadium build now?
Second thought. Was it reasonable to assume that the club owners in their role at CCFC would show some commitment to the City of Coventry and probably the Ricoh. It wasnt until February that the latest deal was struck and up until that point it was kept open ended, and even after. It wasnt really until it sank in that perhaps Wasps might not offer another deal that you had Fisher at the end of September making his "Plan A has always been to stay at the Ricoh" statement, followed by regular pleas to talk by Boddy. I think if you are going to rely on the lucas statement you had to show evidence of commitment to staying not just a reluctant choice for the time being because the bluff has been called.
Its a complete mess, with no sign of any compromise.
Didn't that fall away with administration? Don't forget it was ACL who applied to the court to put the club into administration, SISU made their application later to ensure the process ran the way they wanted with their preferred administrator.Not to open a can of worms, but it wasn’t the council that broke the secure tenancy the club had.
An ACL statement said: "The Board of Arena Coventry Limited (ACL) announces that it has made an application to the high court in London to request that it make an administration order against Coventry City Football Club (CCFC). The application relates to CCFC's failure to pay ACL £1.3m in rent that ACL is lawfully owed for CCFC's use of the Ricoh Arena."
James Powell, a partner at Walker Morris, who will represent ACL, said that, if the court does not decide to place the club in administration, then the only option would be liquidation.
"We've taken a significant amount of due diligence and we would not be taking this action if we weren't satisfied, on the basis of the information we have, that the club isn't anything other than insolvent," he said. "The only other option is liquidation, and liquidation would be a complete disaster for Coventry City Football Club."
Chris West, director of legal and financial services at Coventry city council and an ACL board member, said: "This is an ACL decision; it's ACL who are owed the money. I'm confident that the council are fully supportive of the action we've taken."
But was made for a reason, and therefore has every right to be brought up in the future.The Lucas comment was worthless and always has been.
The facts as i see them. The only way that guarantees staying at the Ricoh is if there is a lease agreement. It is now going to be a commercial agreement that CCC has little control over but may have some influence. It will have a start and an end to it, and the landlord does not have to renew it
Get a proper lease with a decent term and the club adds to its worth. Dont do that and it is a very different story
The Lucas comment was worthless and always has been. Probably legally unenforceable in the terms being relied upon
The facts as i see them. The only way that guarantees staying at the Ricoh is if there is a lease agreement. It is now going to be a commercial agreement that CCC has little control over but may have some influence. It will have a start and an end to it, and the landlord does not have to renew it
Get a proper lease with a decent term and the club adds to its worth. Dont do that and it is a very different story
The Lucas comment was worthless and always has been. Probably legally unenforceable in the terms being relied upon
It isn't the first time somebody from the council has made misleading statements, for years it has been the same. Hence why I just don't buy the council narrative on anything anymore:
"I don't think we'll be able to sell [the Arena] while there is a hedge fund involved" - John Mutton 2012.
Anyway, wasn't Anderson talking to Wasps about a longer term deal while he was here? i.e. outside of the timeframes you describe
That's the thing, even without SISU it doesn't have to be renewed. It is always going to be at Wasps mercy, who unlike ACL will be competing for the same customers.
So surely when you have a council leader spouting clear lies (not for the first time) and then gloating about public opinion being on their side it shows that they care just as little as SISU.
Why can Lucas clearly make things up to mislead the public and other councillors before a vote and it's nothing? Tim Fisher is also a bullshitter, the Trust can't go a statement without mentioning that.
She went out of her way to say it, they went out of their way to have it in the meeting. If it's meaningless, why did they?
I think you've confused the word misleading with lie.What was said by Lucas was misleading, but it is a worry that the "club" place so much reliance on it.
Perfectly entitled to do as they wish but they should have the courage of their convictions and be honest about it.Both SISU and Wasps are entitled to make their own choice it isnt that one side is more entitled than the other side to do it
Didn't that fall away with administration? Don't forget it was ACL who applied to the court to put the club into administration, SISU made their application later to ensure the process ran the way they wanted with their preferred administrator.
We know he was negotiating a long term deal for the Ricoh, Wasps confirmed that. They also confirmed those talks were going well. Then they suddenly played the 'no more talks unless you drop the legals card' for the first time.As for Anderson, who knows what really went on or if he really had the power to agree anything
I think lots of things have happened in this whole sage behind the scenes we don't know about but if we're going on known facts then ACL were the ones who first filed for administration.you dont think that was engineered by SISU from the start then with a set aim that was achieved?
Politicians? Misleading comments? I am shocked!It isn't the first time somebody from the council has made misleading statements, for years it has been the same. Hence why I just don't buy the council narrative on anything anymore:
"I don't think we'll be able to sell [the Arena] while there is a hedge fund involved" - John Mutton 2012.
Anyway, wasn't Anderson talking to Wasps about a longer term deal while he was here? i.e. outside of the timeframes you describe
you dont think that was engineered by SISU from the start then with a set aim that was achieved?
Do you really believe that if SISU dropped the legals Wasps wouldn't welcome a deal, do you really believe if SISU were to sell the club to an organisation who wanted to do business with Wasps they wouldn't. ?? ReallyThat's the thing, even without SISU it doesn't have to be renewed. It is always going to be at Wasps mercy, who unlike ACL will be competing for the same customers.
So surely when you have a council leader spouting clear lies (not for the first time) and then gloating about public opinion being on their side it shows that they care just as little as SISU.
Why can Lucas clearly make things up to mislead the public and other councillors before a vote and it's nothing? Tim Fisher is also a bullshitter, the Trust can't go a statement without mentioning that.
She went out of her way to say it, they went out of their way to have it in the meeting. If it's meaningless, why did they?
Pick up the hotline to Weber Shandwick and it all goes away.
Do you really believe that if SISU dropped the legals Wasps wouldn't welcome a deal, do you really believe if SISU were to sell the club to an organisation who wanted to do business with Wasps they wouldn't. ?? Really
So why not let Anderson complete negotiations on the long term deal but say its can't be signed under current ownership with the legals ongoing?Do you really believe that if SISU dropped the legals Wasps wouldn't welcome a deal, do you really believe if SISU were to sell the club to an organisation who wanted to do business with Wasps they wouldn't. ?? Really