The way I see it,is if you bought a house with no windows (no tenant) and needed some repairs ect and a bit run down ,well that's one price, but if you moved a tenant in (wasps) and the also moved a second tenant in (ccfc) and then furnished with christal ect it would be another price wasps got it for a bargain price because of the state it was in ,so yes they got on the cheapDo we all agree that wasps got it on the cheap?
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I don't get how the Ricoh Was in a run down state when they bought it?The way I see it,is if you bought a house with no windows (no tenant) and needed some repairs ect and a bit run down ,well that's one price, but if you moved a tenant in (wasps) and the also moved a second tenant in (ccfc) and then furnished with christal ect it would be another price wasps got it for a bargain price because of the state it was in ,so yes they got on the cheap
It's a buyers market. They agreed a price and paid it. SISU were given a price by Higgs for 50% agreed it, then backed out and offered them a 1/3 of the asking price because they were a charity. Had they paid the agreed price we wouldn't be in the mess we are in now. Yes they got it cheap but SISU could of had it cheap as well but chose not too.
Yes. And the same offer wasn't put to SISU.Do we all agree that wasps got it on the cheap?
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It was not an open buyers market as CCC set out not to sell to CCFCIt's a buyers market. They agreed a price and paid it. SISU were given a price by Higgs for 50% agreed it, then backed out and offered them a 1/3 of the asking price because they were a charity. Had they paid the agreed price we wouldn't be in the mess we are in now. Yes they got it cheap but SISU could of had it cheap as well but chose not too.
They were offered it at the time but put in clauses for this that and the other which unsurprisingly was turned down.
As I said before had we bought Higgs 50% when SISU agreed the price but then backed out we wouldn't be in the shit pot we are now. Wasps would still be playing in London and the Council would only have 50% of a stick to beat us with. Meanwhile the club suffers and the greatest crime of all is that the fans are divided to such an extent some would rather see CCFC go bankrupt. I mean WTF.
A bar and hotel with out customers and a football ground without a team is the state the ground was in and also with a debt that couldn't be repaid ,that's not run down to you cool, ditch the name calling just point your point acrossI don't get how the Ricoh Was in a run down state when they bought it?
It had numerous remnant in place (Hilton, casino owners, numerous bars and restaurants AND CCFC).
I came furnished (with an exhibition hall, 4 changing rooms, a hotel, a casino, 3 car parks, planning permission to build ANOTHER hotel on one of them said car parks, a train station, oh, and a 32k seater football stadium).
How exactly have they bought something run down??
Muppet
No it wasn't. Do I tiny bit of research. CCFC WE'RE BACK AT THE RICOH AS TENNANTS BEFORE W**PS BOUGHT IT.A bar and hotel with out customers and a football ground without a team is the state the ground was in and also with a debt that couldn't be repaid ,that's not run down to you cool, ditch the name calling just point your point across
The illegal part is that CCC GAVE W**ps am unfair advantage. In that they wasn't willing to sell to SISU/CCFC, let alone at the greatly reduced price and greatly increased terms that w**ps were offered.Yes. And the same offer wasn't put to SISU.
On the face of it CCC haven't done anything illegal, just fucking immoral.
Unless SISU know something...
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But SISU........All these years later and with plenty of evidence to the contrary and still people are regurgitating the council's PR for them. Not only have they fucked the club over they've had a bloody good go at permanently dividing the fanbase too.
And the council were liasing with the Wasps to sell to them before City even left the ricoh in the first place in 2012. At no point did the council intend allowing SISU to purchase any percentage of the stadium. It was always their intention to allow a London based rugby club to move in.No it wasn't. Do I tiny bit of research. CCFC WE'RE BACK AT THE RICOH AS TENNANTS BEFORE W**PS BOUGHT IT.
CCFC returned to the Ricoh (as PAYING tennants) and played Gillingham on 5th Sep 2014. We also bought with us 27k fans to use said casino with no customers!!!
The deal for w**ps to buy the Ricoh arena wasn't until mid November that year. So please explain how they bought a "run down" stadium with no tennants or fans??
Also, how did it come with a debt that can't be repaid?
They bought if for the price of that debt, not with the debt. The fact that they're no in more debt and struggling to pay it is just bad business from w**ps, nothing to do with debts bought with the stadium.
I’m past giving a fuck.
Wasps are financially broke and CCFC not being there only adds to there financial strain.I don't thing wasps have spent any money doing up the Ricoh apart from re doing the pitch?
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Or and don’t rule this out the Ricoh is sold to a third party.Wasps are financially broke and CCFC not being there only adds to there financial strain.
This is how it’ll pan out...
1. WASPS will amend there demands over the next season with PR being promoted by the CET
2. WASPS will struggle to stay up next season and gates dropping below 10k (inc freebies)
3. The bond will get extended
4. WASPS on the verge or in administration by 20/21 season
5. CCFC come back and try and purchase a % of the Ricoh.
Ah, conditions. What were they again?
Let’s not also forget the council had a veto over the sale of the Higgs share. Let’s not pretend that this pathway to 50% ownership was clear and easy.
Wasps are financially broke and CCFC not being there only adds to there financial strain.
This is how it’ll pan out...
1. WASPS will amend there demands over the next season with PR being promoted by the CET
2. WASPS will struggle to stay up next season and gates dropping below 10k (inc freebies)
3. The bond will get extended
4. WASPS on the verge or in administration by 20/21 season
5. CCFC come back and try and purchase a % of the Ricoh.
1 -4 more than feasible,
5 Council take back freehold and knock down Ricoh for *Student Accomodation* to spite SISU.
1 -4 more than feasible,
5 Council take back freehold and knock down Ricoh for housing to spite SISU.
No it wasn't. Do I tiny bit of research. CCFC WE'RE BACK AT THE RICOH AS TENNANTS BEFORE W**PS BOUGHT IT.
CCFC returned to the Ricoh (as PAYING tennants) and played Gillingham on 5th Sep 2014. We also bought with us 27k fans to use said casino with no customers!!!
The deal for w**ps to buy the Ricoh arena wasn't until mid November that year. So please explain how they bought a "run down" stadium with no tennants or fans??
Also, how did it come with a debt that can't be repaid?
They bought if for the price of that debt, not with the debt. The fact that they're no in more debt and struggling to pay it is just bad business from w**ps, nothing to do with debts bought with the stadium.
The council did have a veto but at the time they and Joy were getting on ok. It was after Joy pulled the plug and tried to distress ACL that they fell out and started treating SISU (the club) like a piece of shit on the bottom of there shoe.
We will never know the conditions and clauses because they were never published. I don't remember SISU at the time denying it though!
Then why not offer the club the deal that was given to wasps ?A bar and hotel with out customers and a football ground without a team is the state the ground was in and also with a debt that couldn't be repaid ,that's not run down to you cool, ditch the name calling just point your point across
This did not preclude them for putting the stadium out to the general market with an option to have an extended lease.
It was a "done deal" so the questions must be asked as to why ?
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