It amazes me how some people have a rose tinted view on what really happened. Sisu tried to get the stadium on the cheap by leaving - putting pressure on the council and a charity- Higgs Trust to sell on the cheap to a hedge fund who NO OF US TRUSTED . Any council not just Coventrys have a responsibility to get the best deal for the Coventry public - because its OUR MONEY which helped towards the development of the stadium. If Sisu got thier way - and got the stadium on the cheap - WE ...the local council tax payer would of lost out . The council got thier money back because a business was prepared to pay the full amount - NOT at the expense of the local tax payer .Sisu had the carpet pulled from under thier feet . And rightly so .
I don't support Wasps or like them here - no more than anyone else . But the council - who are not by far perfect, were right to get the best financial deal for its citizens and not just for skyblues fans.
They may have known we'd moved out but even that isn't guaranteed, that doesn't mean they knew a 250 year lease that was never marketed was available.Tbf the whole world new we had left the stadium, anyone could of picked up the phone and contacted ACL or CCC if they were interested in bidding.
Excluding CCFC didn't mean no one else could enter the bidding.But as you have stated - there was only one bidder then. The council then created a scenario where they couldn’t auction the arena, therefore not getting the best deal for tax payer
also conveniently forgetting ultimately it was down to the council we ended up with SISU
That was all published as part of the court case after the Wasps purchase wasn't it. How would any other third party who may have been interested have known?Just on this point about 'never any indication it was available with anything more than the 38 years remaining on the initial lease', the club knew that the lease could be extended to 125 years as this was what was going to happen as part of the original deal with the club.
I don't think anyone is defending the council, I think there's one or 2 just trying to point out that ALL parties share some culpability in the whole sorry affair.Few new posters popping up suddenly on here in defence of the council, hmm…
But again, you said there was only 1 bidder. They excluded a second. This is not getting the best deal for the tax payer.Excluding CCFC didn't mean no one else could enter the bidding.
People are getting hung up over the lack of marketing, but everyone and his dog new the Arena was available. Literally any fucker could of put an offer in.
Anyone in a position to buy a 30k seater arena would of known of its availability.
I know the NEC looked at it but never followed up, im sure there may well of been others.
The reality is, trying to make a business case for a purpose built (and empty) football stadium with zero revenue streams, on the outskirts of Cov was always going to be challenging.
As Wasps have found out.
Incidentally, a few years ago, I heard from a source within cov rugby club, that Wasps had been approached by a third party about the availability of the Arena.They may have known we'd moved out but even that isn't guaranteed, that doesn't mean they knew a 250 year lease that was never marketed was available.
Nonsense, there was 1 bid on the table, and that became the valuation.
If you want more money, you need more than 1 bidder. Period!!!
Incidentally, a few years ago, I heard from a source within cov rugby club, that Wasps had been approached by a third party about the availability of the Arena.
I've no idea how true it was, but Cov rugby were far from happy.
And if it true it shows that an agent of sorts was hawking the arena about looking for buyers.
I thought you were suggesting the club didn't know. If you were just coming from the angle of CCC getting the most money then fair enough.That was all published as part of the court case after the Wasps purchase wasn't it. How would any other third party who may have been interested have known?
The simple fact is if you want to achieve best return you market your asset. If a second bidder had shown an interest the price immediately rises and a better return is achieved for the taxpayer.
Bloody hell glass empty not even half emptyShameless tossers the lot of them. Imagine all these in a room, Sisu, Wasps and Council. The slime and bullshit would be cascading out the door of every passing word. If you could cast a net to catch the most unpopular, most unscrupulous and detested people, this net would hit the jackpot.
They don't need Andy Street they need a miracle for any progression. They are that shit and untrusting, they cant even stand each other. Why, because they are the same as each other. They know what each other is thinking cus they think the same. The club is in a very bad situation and all roads lead to bad times a head.
Bloody hell glass empty not even half empty
2bf he’s right. Forget points deduction if this pitch issue doesn’t get sorted, we’re looking at expulsion.Bloody hell glass empty not even half empty
Bloody hell glass empty not even half empty
Yea, that's pretty much what I was told.The reason CRFC were upset was spelled out by Peter Jackson
The Chairman and 2 directors met Martin Reeves as they had heard rumours of WASPs interest. Reeves said WASPs not coming, they had found another site and CRFC would always be the primary rugby club
Two weeks later he announced a deal had been agreed with WASPS. When challenged the disingenuous Reeves said - Things change!
The current situation is rubbishIf you know the past and read the present what can you see as a positive. And what is happening today is damaging not only our club but will seal the end of Wasps in Coventry.
You may see a different path but sooner or later EFL will step in and could mean we are in serious trouble as its not as if we haven't got a history is it..
At the prison?Sounds like he could do with going to one of your meetings Pete
And it’s ultimately why the arena shouldn’t have been sold. Whilst the council were the holders there’s an easier chance of reconciliation - or SISU packing up and someone else taking overYea, that's pretty much what I was told.
I know cov were rightly pissed off and that's where the accusation of third party agents hawking the arena to Wasps came from.
It seams you can't trust anyone when big business is involved, I said in a previous post that I wouldn't be suprised if dodgy backhanders were involved.
That’s one scenario possible but highly unlikely2bf he’s right. Forget points deduction if this pitch issue doesn’t get sorted, we’re looking at expulsion.
wasps are fucked and they’re about to take us down with them.
the council have basically condemned 2 130 year old sports clubs with this arena
It’s not though is - at some point the EFL are going to ask us if we can complete our gamesThat’s one scenario possible but highly unlikely
Oh how lovely that is.The reason CRFC were upset was spelled out by Peter Jackson
The Chairman and 2 directors met Martin Reeves as they had heard rumours of WASPs interest. Reeves said WASPs not coming, they had found another site and CRFC would always be the primary rugby club
Two weeks later he announced a deal had been agreed with WASPS. When challenged the disingenuous Reeves said - Things change!
Mutton is now a fossil he died.Lucas Duggins, Mutton, Maton and the rest fuckin dinosaurs the lot of em
The decision if the pitch is fit or not is now down to the EFL.It’s not though is - at some point the EFL are going to ask us if we can complete our games
It is, but if it’s constantly in an unplayable state at some point they’re going to say enough is enoughThe decision if the pitch is fit or not is now down to the EFL.
Honestly it is very unlikelyIt’s not though is - at some point the EFL are going to ask us if we can complete our games
Oh how lovely that is.
While you're here...Jon Sharpe was agnostic really towards Wasps coming, I guess that was as much because CCC were still freeholders of the Butts at the time?
That same reason is also why any sharing deal with the football club didn't get beyond Fisher mentioning it, or it really was a no-goer?
Mutton is now a fossil he died.
Got to be honest I don’t like that pitch, it has taken something away from the atmosphere and earthy sort of smell of the placeThey are still the freeholders
Biggest problem at BPA was the pitch CRFC wanted an artificial to fit their plans and capacity.
You only wonder about the lease extension??!!!!!!Yea, that's pretty much what I was told.
I know cov were rightly pissed off and that's where the accusation of third party agents hawking the arena to Wasps came from.
It makes you wonder if the 250 year lease extention was put in the sale to entice wasps.
It seams you can't trust anyone when big business is involved, I said in a previous post that I wouldn't be suprised if dodgy backhanders were involved.
It is, but if it’s constantly in an unplayable state at some point they’re going to say enough is enough
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