chiefdave
Well-Known Member
The responses Gilbert is getting from Hoffman and Wasps indicate Sepalla is correct in what she says. They are choosing very specific language and not actually denying what is being put to them.
The responses Gilbert is getting from Hoffman and Wasps indicate Sepalla is correct in what she says. They are choosing very specific language and not actually denying what is being put to them.
The responses Gilbert is getting from Hoffman and Wasps indicate Sepalla is correct in what she says. They are choosing very specific language and not actually denying what is being put to them.
We have no interest in buying Coventry City - we would simply like to see the club back playing at the Ricoh Arena, a view we believe is shared by everyone involved.”
If any fan actually sat down and thought about what this means and the potential impact on the football club I can't believe there would be anyone who thinks SISU aren't right in refusing to sign us up to such a deal.So CCFC should indemnify Wasps / CCC if any of them are forced to have to pay anything because of them doing something wrong?
I have been a huge critic of JS and one of those criticisms has been shying away from the media; a club owner should really have some kind of public profile in my view. So give her credit where it is due, I didn't think we'd see the day when she fronted up for the cameras and spoke like this. Fair play to her.
This point needs to be pressed with the council and Wasps.The actual EC investigation will only go ahead against the council IF the EU think there is grounds for it..
Off book just means that the trade didn't go through the exchange. Most trades go through market makers, who quote a price to buy (bid) and to sell (offer) simultaneously - so there is liquidity in the market for the issue. The price quoted *27,000 * 100 will be the amount paid + any interest accrued to date on the next coupon (when you add on the accrued interest it's called the Dirty Price - without is called the Clean Price).
The benefit of trading off book is that one doesn't have to go through the bid-offer spread. The market makers have to made some money, so they quote, say, 90 to buy and 92 to sell (so if they can find a buyer and a seller at the same time they make 2). By trading off book, both counterparts can agree a price of 91 and both gain 1. There's nothing sinister or unusual about this and no reason to suspect SISU is accumulating a holding in the bond.
If anyone wonders why there's a distrust of the council this tweet sums it up.
This is one of the best threads for months, if not years ! Sensible posts and comments. Little sarcasm, balanced and constructive replies.
The off-book was used more as a reference for the transactions. As I said at the outset, it was just a hunch and they may be looking to accumulate slowly so as to not raise any suspicions. Baseless conjecture I know, but food for thought of a potential strategy, and if not now then maybe at some point in the near future.
How would SISU bring further action against Wasps?Are you all certain that the assurances sought by Wasps are specific related to the EC complaint? The more comments that are made by both SISU and wasps the more i think the assurances relate to what happens after in terms of possible new civil suits that SISU might then seek to bring.
In mid-April, SISU signed an undertaking to irrevocably cease all proceedings against Wasps relating to the sale and lease of the Ricoh Arena, in order to allow talks about extending our agreement at the Ricoh Arena to take place.
If they have no involvement in any potential takeover shouldn't be an issue for them to confirm they haven't met with Hoffman or anyone else who wishes to takeover.“We have no interest in buying Coventry City - we would simply like to see the club back playing at the Ricoh Arena, a view we believe is shared by everyone involved.”
Are you all certain that the assurances sought by Wasps are specific related to the EC complaint? The more comments that are made by both SISU and wasps the more i think the assurances relate to what happens after in terms of possible new civil suits that SISU might then seek to bring. .
We all know they have though, is this SISU PR a way to pressure wasps into letting us back to the ricohIf they have no involvement in any potential takeover shouldn't be an issue for them to confirm they haven't met with Hoffman or anyone else who wishes to takeover.
And that's exactly why it needs the Telegraph and CWR to ask the right questions and not be fobbed off by Wasps.We all know they have though, is this SISU PR a way to pressure wasps into letting us back to the ricoh
See Gilbert is putting it all over twitter that hes asking them, whether he is or not who knowsAnd that's exactly why it needs the Telegraph and CWR to ask the right questions and not be fobbed off by Wasps.
Would like her to explain how SISU have invested £50m. It isnt or wasnt their monies it was their clients, and the 2018 financials for SBS&L show a much lower figure even before you exclude non cash items.
See Gilbert is putting it all over twitter that hes asking them, whether he is or not who knows
What would he have to gain by not asking? He’s a journalist at the end of the day and he’d feed off news like this.
Always enjoy your input OSBAre you all certain that the assurances sought by Wasps are specific related to the EC complaint? The more comments that are made by both SISU and wasps the more i think the assurances relate to what happens after in terms of possible new civil suits that SISU might then seek to bring. Those in theory could be brought whether or not SISU get the result they want from the EC, which explains to me the comments about a "deal being done irrespective of the EC" and SISU and CCFC "protecting their future legal rights". I would think such actions would be about much more than the EC judgement on the lease extension and could take years
As much as SISU and CCFC have the right to manage their risk and its mitigation so do others. Which is essentially what is going on, hence the impasse.
Would like her to explain how SISU have invested £50m. It isnt or wasnt their monies it was their clients, and the 2018 financials for SBS&L show a much lower figure even before you exclude non cash items.
See Gilbert is putting it all over twitter that hes asking them, whether he is or not who knows
Well why didn't he ask earlier then until it took Joy to come out and say itWhat would he have to gain by not asking? He’s a journalist at the end of the day and he’d feed off news like this.
Well why didn't he ask earlier then until it took Joy to come out and say it
I think the answer now is yes isn’t it......
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?