fernandopartridge
Well-Known Member
I certainly wouldn't go that far. I would think it's safe to say that, the way things have gone, the city council are now tied in to ensuring both the Ricoh and Wasps projects succeed. If they fail, that would be very... uncomfortable for them as an organisation, politically.
As an aside, I often wonder about the council pushing SISU onto the club. My understanding of the process, from the time (i.e. not coloured by recollection) is the SISU offer was considered 'derisory' by CCC as much as any other (the quote is Ken Taylor's). By this stage, control of the process for selling the club had moved to the Co-op bank as the creditor who wanted most cash back, and fastest. They were very keen on SISU as they offered to settle in the bank's favour, so it was the Co-op bank that drove SISU as preferred bidder.
I'm not really sure how the council can make any comment on the value or not of the bid to takeover the club. Surely this was confidential. I really struggle with why the council were so involved? They had no direct relationship with the club, the only entity that did was ACL.