It’s a myth that SISU do not have any money.
If they don’t at least attempt to buy the ground then what is the point? All the court action etc is for nothing. They have to be making some kind of move, if not for the arena then putting the club up for sale.
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It won’t, for reasons in my edited post.The same principle can apply
Agenda for Council on Tuesday, 18th October, 2022, 2.00 pm - Coventry City Council
Committees and meetings at Coventry City Counciledemocracy.coventry.gov.uk
Don’t get me wrong, I can’t see how they could not make a bid for the arena at around £35 million and then talk about spending a similar amount on a new build unicorn.
Agenda for Council on Tuesday, 18th October, 2022, 2.00 pm - Coventry City Council
Committees and meetings at Coventry City Counciledemocracy.coventry.gov.uk
Nothing in the agenda for the council meeting but good to see Maton is still OK.
I don’t suppose any of us have any idea what the best part of a 250 year lease is worth. £35m would see the bondholders off on their merry way though.Why would somebody bid £35m when the lease isn't worth that?
Firstly no one is going to bid for the cbs until it’s gone into admin. That’s tripe talk from the administrator and he knows it. You can tell what type of guy he is already in his first interview.Im not so sure. I don’t get the impression they’ve got loads of spare cash. whether they can raise some to fund something like the stadium purchase, who knows
Agree that this is a time for them to put up or shut up (and piss off) though
Agenda for Council on Tuesday, 18th October, 2022, 2.00 pm - Coventry City Council
Committees and meetings at Coventry City Counciledemocracy.coventry.gov.uk
I don’t suppose any of us have any idea what the best part of a 250 year lease is worth. £35m would see the bondholders off on their merry way though.
They couldn't get finance on it..
almost certainly not commercially, would existing investors stump up more if combining the club and the arena could lead to a sale? As someone else has posted, I would imagine that bidders will wait until it ends up being a fire sale under administration.They couldn't get finance on it..
Ridley appears to be one of the few competent councillors in the country
O'Boyle has fuck all to say back in response.
Firstly no one is going to bid for the cbs until it’s gone into admin. That’s tripe talk from the administrator and he knows it. You can tell what type of guy he is already in his first interview.
Secondly SISU will bid for the cbs but you know and I know they won’t have the capital to win the bid and will use the we tried but we’re out bid to save face.
He is just mumbling and now talking about party politics
haha CCC open and honest
O'Boyle has fuck all to say back in response.
Ridley is up to 8/10 on the match thread.
It depends on the cost of money and the likely revenue streams.I don’t suppose any of us have any idea what the best part of a 250 year lease is worth. £35m would see the bondholders off on their merry way though.
Another Rolf Harris look a like?Green man looking and sounding how you’d expect
Wow, watching this about Tom White. I can see how the Wasps shite went through.
The way Labour are defending it.
Its been really poor.
What's going on then? What are these slippery cunts upto now?
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It shows his limited knowledge of the city and it’s sports clubs. He obviously doesn’t know of Cov and it’s history as one of the premier English rugby teams.What a twonk.
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