Broken Hearted Sky Blue
Well-Known Member
Highfield Road 2 or 3 bolux,souless bolux fucking idiot
Let the egg chasers have it and CCC can allow and find room for a proper football ground to be built nearer the city centre not some soulless arena which has been a disaster from day 1. Couldn't even get it open on time for the first game in 2005. Highfield Rd 3 as number 2 built in the Coventry area would have always been a no goer.
Only a couple of million or something for their share in FIL.
And just to pre-empt your next comment,, you could say that Higgs got a share in ACL at a knockdown rate - especially if 90% is going at £30m...
If this deal means that Wasps are franchised away from their fanbase, then it's wrong.
I don't care if it's better for CCC, ACL, CCFC and Cov RFC, if it tears Wasps away from their supporters then it's morally wrong, and we should all stand against it.
SISU have dropped us in the sh*t with their ridiculous mismanagement, but that doesn't absolve either the Council or The Higgs Trust for their actions if this goes ahead. Any councillor with the hint of a conscience should vote against this.
At £30m it kind of blows a hole in the JR argument that the loan exceeded worth :thinking about:
Very important point to note:
The council is buying the Higgs' share so as to prevent CCFC from being able to match any offer for it. Hopefully nobody will be too upset by the club not being able to get in on this deal and will be right behind any new stadium plans..? ;-)
We had our chance to buy the Higgs share though and blew that. The Higgs can sell to whoever they want now can't they and if it isn't us then that's our tough luck. We should have bought them out and then a situation this would have been far less likely.
How could this jeopardise our tenancy long term? It can't really, we screwed up our secure lease so can't moan anyway.
On the basis of what's good for the the public purse, CCC councillors HAVE to say Yes, otherwise it is dereliction of their statutory duty. Unless SISU bid up and ruin themselves, they are out of the running for the Ricoh (providing Wasps get the funding). This is best news ever.
Nice one. Will you be reporting back on here? Assuming that there is something to report.
We had our chance to buy the Higgs share though and blew that. The Higgs can sell to whoever they want now can't they and if it isn't us then that's our tough luck. We should have bought them out and then a situation this would have been far less likely.
So basically we've screwed ourselves over if the long term plan really was the Ricoh. If the shareholders in ACL can get £30m (or nearest offer) then that's great news for them but not so good for us or the rugby club. If we really wanted to stay at the Ricoh we should never have been talking about our new stadium and saying that we've moved on. I'm not surprised that councillors are up in arms, this could bugger our chances of staying at the Ricoh long term especially given the massive amount of progress on the new stadium.
How has Joy let it get to this situation? I thought she was supposed to be clever and a brilliant negotiator/deal maker. I can't imagine that there are many supporters who are happy that Wasps might be in a position to buy the lease on what should be our home.
I assume this refers to our unaffordable lease having been led up the garden path by the illustrious (and now demonstrably untrustworthy) council
We had our chance to buy the Higgs share though and blew that. The Higgs can sell to whoever they want now can't they and if it isn't us then that's our tough luck. We should have bought them out and then a situation this would have been far less likely.
And what about wasps being moved 75 miles? You backing it?
Sent from my iPhone using Tapatalk - so please excuse any spelling or grammar errors
And what about wasps being moved 75 miles? You backing it?
Sent from my iPhone using Tapatalk - so please excuse any spelling or grammar errors
How do we know that wasn't all that was offered. And 4 years would have been time to build up the trust councillor Thompson asked for. And yet less than 4 weeks wasps buzz in?Do you think SISU should have agreed to have come back for more than 4 years?
Ps - what is the definition of duplicitous?How do we know that wasn't all that was offered. And 4 years would have been time to build up the trust councillor Thompson asked for. And yet less than 4 weeks wasps buzz in?
How do we know that wasn't all that was offered. And 4 years would have been time to build up the trust councillor Thompson asked for. And yet less than 4 weeks wasps buzz in?
Just read that back and have a serious word with yourself
Ps - what is the definition of duplicitous?
No see the full post, I had a fat finger moment and managed to hit post by mistake. I don't agree with franchising of sports teams.
Ask the businesses around the area after loosing money last year and they don't care.
Ask the majority of Coventry ratepayers and they don't care.
This gives us as CCFC a big problem
No Higgs can't hence the current shenanigans being carried out by your friends at the council. A 5th member of the forum joins the driftwood.
No see the full post, I had a fat finger moment and managed to hit post by mistake. I don't agree with franchising of sports teams.
I assume you mean the council could exercise their veto over the sale of the Higgs shares - if not please explain furthe. But the Higgs could do the same to the council and use their veto couldn't they, so the council couldn't sell to just anyone by that logic.
The council are buying Higgs share for an undisclosed amount as the consortium cannot as that would exercise the clause to allow the club to make a bid.
If right ( which I am sure you are), that makes councillors comments even more duplicitous, definitely not a act of good faith. Methinks more litigation may arise.I don't know what was offered, but I guess that SISU were happy with it, and it fits in with the yarn being spun about looking elsewhere. If they wanted longer they'd have mentioned it wouldn't they? it would appear that Wasps have been around a lot longer than 4 weeks.
If right ( which I am sure you are), that makes councillors comments even more duplicitous, definitely not a act of good faith. Methinks more litigation may arise.
Isn't it normally the bit at the end that is missing due to fat fingers hitting post, not the middle bit. Looks like you realised your mistake.
Question:
Does SISU stilll have the option to buy out the charity's share of ACL?
What mistake? I don't always write things in the order they appear in my finished posts. I also sometimes write them in open office and cut and paste them into tapatalk to post on here when finished as I prefer it for better spell check etc. I never have agreed with franchised sports teams.
Question:
Does SISU stilll have the option to buy out the charity's share of ACL?
Well at least we agree on something. I think this could mean the end of my club which I have supported since 1966, and to be honest that is all I am bothered aboutWhilst not necessary agreeing with whether the comments are duplicitous, my first thoughts on reading the original CT article was that this would end up in the courts.
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