How could sisu do due dillegence - they bought the club at virtually 5 minutes notice!
I wonder if what happened with the original deal will ever come out?
So do you know more?
I'm not even sure what's being implied here, or even what's being said.
I'm reading a book at the moment and in it it says that the first thing you do before buying a business is due diligence. Would you buy a house which is probably the most expensive thing you will buy without a survey?
If you don't do DD then as far as I can see you're not minimising the risk to yourself and caveat emptor if you go through with the purchase.
I'm reading a book at the moment and in it it says that the first thing you do before buying a business is due diligence. Would you buy a house which is probably the most expensive thing you will buy without a survey?
If you don't do DD then as far as I can see you're not minimising the risk to yourself and caveat emptor if you go through with the purchase.
Are you saying that the only active supporters of this club are those 1/30th that toady down to sixfields every 'home' game. Have you seen our away support? MK, wolves, port vale, Shrewsbury, all eclipsed the 'home' gate.
That well and truly puts your 1/30th argument right down the shitter.
If a Coventry fan travels to every away game and stays away from sixfingers, then that makes them just as much an active supporter of the club. In fact more so. You are clearly a SISU arse licker who either enjoys being a troll or is clearly off to where the trams never run.
Are you saying that the only active supporters of this club are those 1/30th that toady down to sixfields every 'home' game. Have you seen our away support? MK, wolves, port vale, Shrewsbury, all eclipsed the 'home' gate.
That well and truly puts your 1/30th argument right down the shitter.
If a Coventry fan travels to every away game and stays away from sixfingers, then that makes them just as much an active supporter of the club. In fact more so. You are clearly a SISU arse licker who either enjoys being a troll or is clearly off to where the trams never run.
I'm amazed he even new the Blitz happened here.
I'm reading a book at the moment and in it it says that the first thing you do before buying a business is due diligence. Would you buy a house which is probably the most expensive thing you will buy without a survey?
If you don't do DD then as far as I can see you're not minimising the risk to yourself and caveat emptor if you go through with the purchase.
Almost although have been away for two days and didn't pack it :facepalm:Haven't you finished that book yet?
I'm amazed he even new the Blitz happened here.
How could sisu do due dillegence - they bought the club at virtually 5 minutes notice!
And to be fair Private Eye have written 3 articles now - 2 critical of SISU and this one critical of council/ACL...perhaps somewhere in the middle the truth resides.
How could sisu do due dillegence - they bought the club at virtually 5 minutes notice!
Today's is the fourth article about our club. The first two were critical of the owners and in the "in the back" section, the last two have been critical of the landlords and have been in the "rotten boroughs" section.
So do you know more?
I'm not even sure what's being implied here, or even what's being said.
What I think is being implied is that the three people mentioned signed something saying that they didn't fully understand what they were signing up to when agreeing to the Ricoh deal. That's one interpretation of it another is that they were just covering their asses using those phrases mentioned and as one of them was a lawyer that's not implausible either.
And to be fair Private Eye have written 3 articles now - 2 critical of SISU and this one critical of council/ACL...perhaps somewhere in the middle the truth resides.
Yeah but is there any implication they signed up to something bad because of that?
No mention on here or from the Trust bedwetters on the interesting article in todays Private Eye about Coventry City. Ugandan politics alleged by our beloved Council and Directors.
funny that
I think its the patronising and wild assumption that the "people of coventry" are some sort of unified, working class heroes, ready to invoke the Blitz spirit any time their precious football club (active supporters circa 1/30th of the city population) is in the shit. Thats all.
I have no idea who highlighted this to Private Eye, but the article says "the stadium's actual value being estimated at something like one-third of that" £14million mortgage. That means whoever came up with that estimate thinks the Ricoh is worth about £5million or less. We know the council's worst case scenario suggested the mortgage was worth £6.4million. :thinking about:
Coincidentally, we also know that Sisu valued the Ricoh earlier this year at "certainly less than £5m and arguably closer to zero"...
So when SISU bought what had already been signed up to, did they not know what they were signing up to and it took them 3 years to realise?
it like one of these public enquiries of missed opportunities?
Cut the I'm a bigger fan and post the article
I haven't seen the documents concerned and am not a lawyer so no idea - sorry.
I think you've misinterpreted the context of his post. Unless I've misinterpreted yours....You got it in one... Well done, hitler couldnt do it neither will sisu
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