Sisu trying to fuel a Bentley on Robin Reliant money (3 Viewers)
- Thread starter OyJimmy
- Start date
Buyer - Seller you and I would do exactly the same! Well I definitely would.
Ian1779
Well-Known Member
But it won't be off the council books will it?? They are only buying a company that has a long-term lease.
stupot07
Well-Known Member
Who says they are going to actually pay £30m?
Sent from my iPhone using Tapatalk - so please excuse any spelling or grammar errors
italiahorse
Well-Known Member
It's in their bank account waiting for the planning to be approved on one of 3 identified locations for a new stadium :thinking about:
Sky Blue Dal
Well-Known Member
Who says they are going to actually pay £30m?
Sent from my iPhone using Tapatalk - so please excuse any spelling or grammar errors
Well there about from the reports we are reading, thats if you on about the Wasps BUT if you on about SISU then I agree.
Grendel
Well-Known Member
The reports don't say £30 million
stupot07
Well-Known Member
It says a deal worth £30m not that they will pay £30m.
Compass signed a 10 year deal worth £125m.....I may have missed it but I can remember them paying ACL £125m
http://www.stadia-magazine.com/news.php?NewsID=11615
Sent from my iPhone using Tapatalk - so please excuse any spelling or grammar errors
chiefdave
Well-Known Member
From the sounds of this a 90% stake in ACL could be purchased for significantly less than building a new stadium.
percy
Member
its on the Horizon
J
Jack Griffin
Guest
Delivery in 3 weeks mate..
ccfc1234
Well-Known Member
SISU have the cash the real issue is do they want to send it on this particular investment from their portfolio?
Someone said about the new proposed stadium costing circa 30m it probably would however the key difference is that SISU would commission a property company to build it and set repayment levels that would be far lower than the interest they would have to fund on a 30m loan. This way the property company get a huge turnover project and SISU get a stadium they could afford on a month to month basis and full commercial control.
The above being said they would be crazy not to buy the stadium as next season it will have inferstructure in the form of a station that 90% of prem clubs would be envious of, and a finished product on their books that could have real commercial value in terms of new developments on land they would subsequently own.
Fingers crossed Joy sees sense and the council don't take a short term that could effect them in the long run.
Someone said about the new proposed stadium costing circa 30m it probably would however the key difference is that SISU would commission a property company to build it and set repayment levels that would be far lower than the interest they would have to fund on a 30m loan. This way the property company get a huge turnover project and SISU get a stadium they could afford on a month to month basis and full commercial control.
The above being said they would be crazy not to buy the stadium as next season it will have inferstructure in the form of a station that 90% of prem clubs would be envious of, and a finished product on their books that could have real commercial value in terms of new developments on land they would subsequently own.
Fingers crossed Joy sees sense and the council don't take a short term that could effect them in the long run.
Flying Fokker
Well-Known Member
I'm not sure they have ever had the cash. They carried debt from the previous incarnation and chose to go bust rather than pay debt that 'the business' could not service.
It was always their plan to stress ACL out and buy on the cheap. SISU now have another show in town. Clearly risk takers who have a plan themselves. They have probably fostered good relationships with the sellers and have been putting the final touches to the bid over the past couple of months..This included negotiations with CCC, ACL and Higgs...It was first discussed over 4 months ago. CCFC is in a no win situation. If they take the club out of the city it is goodbye to the golden share.
Astute
Well-Known Member
A bunch of Astras and a 306 being stripped for parts more like.
None of us are sure what is going on. Maybe 7m. Maybe 7m and loan paid off. Maybe 7m and loan taken over. Maybe 30m and a good part of this paid off with money taken from the stadium naming rights. Whichever it is the money wasted on litigation and our Northampton holiday would have paid a good chunk of it. Money wasted since they took us over would have paid the whole thing. Maybe the pot is now dry.
Gazolba
Well-Known Member
Why would SISU/Otium want to buy the Ricoh? Haven't you heard, they are building a new stadium.
Astute
Well-Known Member
Breaking news
SISU have put an appeal out to any supporters who have any spare Lego bricks that can go towards the construction of our new stadium.
skybluetony176
Well-Known Member
A Talbot Horizon?
torchomatic
Well-Known Member
Breaking news: CCC appeal for fans to throw rose petals down on the floor everywhere Councillor Lucas walks. SBJ, JG and Astute have volunteered.
torchomatic
Well-Known Member
spider_ricoh
New Member
Fisher has claimed that the Ricoh itself is "worthless" and only worth the business value of ACL ("valued at £4m" or whatever) ... my own view is that the value to SISU is the cost of build a replacement stadium, roughly £30m for a reasonably-sized stadium.
Sky Blue Dal
Well-Known Member
It says a deal worth £30m not that they will pay £30m.
Compass signed a 10 year deal worth £125m.....I may have missed it but I can remember them paying ACL £125m
http://www.stadia-magazine.com/news.php?NewsID=11615
Sent from my iPhone using Tapatalk - so please excuse any spelling or grammar errors
I did say "Well there About"
torchomatic
Well-Known Member
Sky Blue Dal
Well-Known Member
I did say well there about and I tried to make the point that if they are going to build a £30m new stadium why not offer Wasps matching figure.
Found out last night that they were not allowed to bid. Don't know how much of that is true but if it is then an explanation is required by ACL/CCC.
I will always maintain that leaving the Ricoh was our clubs biggest mistake. During all the bickering and threats it allowed Wasps to sneak in. If we had not done that and stayed put we would have been in a stronger position today to negotiate and definitely had the majority of the city's sympathy vote.
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skybluetony176
Well-Known Member
Tasty. Personaly i prefered the fast back styling of the Alpine version. I always liked the way you could hear them coming from miles around, not from he throaty exhaust note but from the rattling tappets. They just don't make them like they used to.
torchomatic
Well-Known Member
True. I don't even think Talbot car designers could spell Aerodynamic!
There was the Tagora (?) too. Something like that anyway.
There was the Tagora (?) too. Something like that anyway.
Sky Blue Dal
Well-Known Member
Remember seeing Gerry Daly driving out of Highfield Road in one of them.
Great memories.
God help anyone who bought a Monday morn /Friday Afternoon manufactured one.
skybluetony176
Well-Known Member
I believe all the playing staff were supplied with Talbots at the time of the Talbot sponsorship deal. I assume the gaffer got a Tagorra
skybluetony176
Well-Known Member
Or a Monday afternoon,Tuesday, Wednesday, Thursday, Friday morning one
torchomatic
Well-Known Member
I think Gordon Milne would have had a Rancho. Or was it Dave Sexton then?
I believe all the playing staff were supplied with Talbots at the time of the Talbot sponsorship deal. I assume the gaffer got a Tagorra
skybluetony176
Well-Known Member
Nice. A simca van with a plastic hearse arrangement on the back.
