Nick
Administrator
That's ok then. Go council
That's ok then. Go councilThe questions wont be answered. We know why though because SISU tried mugging the council off and then the council refused to have anything to do with them. If SISU eventually sell the club i think the council would be onside with the club again. They will never do anything for the club while SISU remain and vicious circle continues.
How would that affect the EU funding used to develop the site ? Can I put a complaint in now?
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!
SISU beat you too it the complaint is in.
Do you think SISU have a chance of winning in the EU or do you think its another delaying tactic knowing Wasps financial state and hoping they go bust in the time it takes for investigation. Genuine question.
Sisu do not win anything, the Council may be found guilty and Wasps have to pay more.SISU beat you too it the complaint is in.
Do you think SISU have a chance of winning in the EU or do you think its another delaying tactic knowing Wasps financial state and hoping they go bust in the time it takes for investigation. Genuine question.
That's ok then. Go council
If the Council are found guilty it is a win for SISU because it gives them that exact option to sue again. The question still remains do you think the EU will find anything wrong or is it just a delaying tactic?Sisu do not win anything, the Council may be found guilty and Wasps have to pay more.
If that happens Sisu then could sue again and may win
Nick do you think the EU will find any wrong doing?The eu action isn't sisu, it's the EU doing it if they think it needs to be done.
No idea, if they find grounds to investigate then it will be the EU Vs ccc.Nick do you think the EU will find any wrong doing?
I know this is true but can you for my sake point me to a link to the pdf that confirms this?We agreed a deal to buy it before the council pulled out. It was never available to the football club.
Why don't you try to understand the basics?But what happens if we are not in Europe ? Our courts have thrown this issue out about four times.
I know this is true but can you for my sake point me to a link to the pdf that confirms this?
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Don't get me wrong, I fucking hate SISU, Wasps and CCC equally, but don't think what you said is illegal.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.
Joy did not pull the plug:
https://www.ccfc.co.uk/contentasset...kh-email-18-aug-2012-highlighted_redacted.pdf
“I believe that speed is of the essence. CCC are not going to be able to keep their negotiations with Sisu running indefinitely, which currently is the only way we have to create sufficient time for us to work out the approach to the YB and for CCC to have the deal taken through the various steps needed within a local authority.”
Is there much point in trying to explain to you if you don't want to be told?From what i understand from that there is no mention of the Higgs deal? Its talking about the debt to YB and how to restructure it.
It also says
"CCC is prepared to accept the Sisu offer of £5.5m as the value which they would have to meet should they exercise their right of preemption."
Is there much point in trying to explain to you if you don't want to be told?
They wanted to delay talks about the higgs share while they sorted the debt with yb.
I’ll understand the basicsWhy don't you try to understand the basics?
Why don’t you help and explain the basicsWhy don't you try to understand the basics?
Because you have no interest in them.I’ll understand the basics
Why don’t you help and explain the basics
They weren't agreeing to it, they were dragging it out while they worked out a story to give the bank.At the end of the day Coventry CIty are being used as a pawn by SISU, Council and Wasps. Its the club that's getting fucked over and the fans suffering.
Yes i get that but they also said they would agree the 5.5mil SISU offer.
I'm open to be proved wrong if you can explain it too me differently.
You don’t know yourself do you, explain how the EU could pursue any claim if the UK are no longer membersBecause you have no interest in them.
Yes i agree they were dragging it out but it also states "CCC is prepared to accept the Sisu offer of £5.5m as the value which they would have to meet should they exercise their right of preemption."They weren't agreeing to it, they were dragging it out while they worked out a story to give the bank.
Certainly they got it on the cheap as the lease extension was ridiculous. Anyone who has ever extended a lease on a property that is not freehold will tell you the landlord has you over a barrel and in most cases will have your eyes out.
The most disturbing factor is how the same offer wasn’t put to SISU or the package just put on the open market where a company could have bought the stadium and had CCFC, wasps or anybody else as tenants and generally used the venue as they see fit. Of course in this scenario wasps would never have moved as it’s nowhere near as good a deal for them. The reason the council did everything behind closed doors could be explained as spite due to their previous issues with SISU (unprofessional but understandable). That is until the document release showed they’d been in communication with wasps beforehand.
Something extremely underhand has gone on here and, personally, I find it inconceivable that members of the council haven’t acted illegally. The fact there has been PR coordination, the consortium pops up at just the right moments and local media conveniently miss important bits of information back this up.
I would think SISU know or suspect this but the only way they can start a legal process is via a state aid case.
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The questions wont be answered. We know why though because SISU tried mugging the council off and then the council refused to have anything to do with them. If SISU eventually sell the club i think the council would be onside with the club again. They will never do anything for the club while SISU remain and vicious circle continues.
I agree with a lot of that but its been through the courts on 4 or 5 times for different reason in JR1, JR2 + appeals and still nothing has been found to be illegal. It's underhand certainly but keep being thrown out of court. I cant see the EU having a different opinion and just see it as a delaying tactic.
Ok I'll bite ,when city moved out there was not enough income to cover the debt/loan ,city got wind of wasps buying the stadium and came back council had already done the deal with had the situation was then ,not what is easier could becomeNo 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.
This is top post can we all stop attacking each other because we all know the blame lies with wasps CCC and sisu ,the percentages of who's more to blame are that small it's irrevelent just because someone coments on something doesn't make them a Sisu or council stooge ,save the anger for the above 3Certainly they got it on the cheap as the lease extension was ridiculous. Anyone who has ever extended a lease on a property that is not freehold will tell you the landlord has you over a barrel and in most cases will have your eyes out.
The most disturbing factor is how the same offer wasn’t put to SISU or the package just put on the open market where a company could have bought the stadium and had CCFC, wasps or anybody else as tenants and generally used the venue as they see fit. Of course in this scenario wasps would never have moved as it’s nowhere near as good a deal for them. The reason the council did everything behind closed doors could be explained as spite due to their previous issues with SISU (unprofessional but understandable). That is until the document release showed they’d been in communication with wasps beforehand.
Something extremely underhand has gone on here and, personally, I find it inconceivable that members of the council haven’t acted illegally. The fact there has been PR coordination, the consortium pops up at just the right moments and local media conveniently miss important bits of information back this up.
I would think SISU know or suspect this but the only way they can start a legal process is via a state aid case.
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But what happens if we are not in Europe ?
Yes i agree they were dragging it out but it also states "CCC is prepared to accept the Sisu offer of £5.5m as the value which they would have to meet should they exercise their right of preemption."
There is a lot of "if, maybe, might and doubt" in the email which people can read one way or the other. Not much evidence as too what has or will happen.
The council were speaking with Wasps and trying to move them to the Ricoh before there was even a dispute with SISU let alone the club moving out.And the council were liasing with the Wasps to sell to them before City even left the ricoh in the first place in 2012.
The debt was ACLs debt. £14m to be precise, owed to Yorkshire bank. For the 50% share in ACL owned by CCC, w**ps paid that debt off! So they didn't buy debt, the bought the stadium for the price of the debt.Ok I'll bite ,when city moved out there was not enough income to cover the debt/loan ,city got wind of wasps buying the stadium and came back council had already done the deal with had the situation was then ,not what is easier could become
This is top post can we all stop attacking each other because we all know the blame lies with wasps CCC and sisu ,the percentages of who's more to blame are that small it's irrevelent just because someone coments on something doesn't make them a Sisu or council stooge ,save the anger for the above 3
The case will be dealt with in line with what was in place at the time. That will be a condition of any deal.But what happens if we are not in Europe ? Our courts have thrown this issue out about four times.
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