rhino1002
Well-Known Member
Having read that statement about wasps working in collaboration with Coventry rugby club
Did they ever collaborate on anything with Cov rugby or was it juts a random platitude statement by Lucas
Having read that statement about wasps working in collaboration with Coventry rugby clubAnne Lucas is mainly responsible for driving the deal through with Mutton. She was ultimately responsible.
Ann Lucas: Wasps deal best for Coventry as a whole
But Coventry City Council leader apologises to Coventry Rugby Club officials who felt they were not consulted enoughwww.coventrytelegraph.net
But their stock will rise or fall on the decisions they make, if SISU present a plan that safeguards the arena’s future, gives CCFC a permanent home and the opportunity to grow and prosper and at the same time gives the Council a satisfactory resolution to what has been a long painful process for all concerned I’m pretty sure they’ll take it.
For them to reject it on the grounds of previous experiences, would almost certainly set off another chain of events resulting in yet more years of acrimony, court proceedings and hardship all round, almost certainly producing no winners.
Having read that statement about wasps working in collaboration with Coventry rugby club
Did they ever collaborate on anything with Cov rugby or was it juts a random platitude statement by Lucas
TBF Nick, that was at the height of a very dirty war,Like when they sold it to wasps?
Justification enough for Lucas thenThink they popped short sleeve shirts and striped ties on and went to scholars to neck a few messy pints once. One of the wasps lads got the first round in.
If ACL get liquidated does that open up a line to buy the freehold from the council, or is it leasehold only ?
You don't really need the freehold if there's a 250 year lease available. Can anyone see the CBS still being here in 250 years. Would be well past the end of its expected life.If ACL get liquidated does that open up a line to buy the freehold from the council, or is it leasehold only ?
That’s a blow . I was going to wheel my barbecue along on Saturday to cook some sausage and beef burgers !They should have checked the thermos contents and let you in -
NEWS: Matchday Guide vs Rotherham United
Coventry City host Rotherham United on Tuesday night, with the matchday guide for the game now available.www.ccfc.co.uk
View attachment 26814
With the est costs of needed repairs being reported, it sounds like it’s about to collapse now.You don't really need the freehold if there's a 250 year lease available. Can anyone see the CBS still being here in 250 years. Would be well past the end of its expected life.
I found this site that shows a graph of ACL 2006 finances. quite interesting
also shows the accounts are 210 days over due
ACL Astute 2006 Limited - Company Profile - Endole
ACL Astute 2006 Limited is a insolvency company located in Bristol, Bristol. View company profile, shareholders, contacts, financials, industry and description.suite.endole.co.uk
Even more interesting for ACL
ACL Astute 2022 Limited - Company Profile - Endole
ACL Astute 2022 Limited is a in administration company located in Bristol, Bristol. View company profile, shareholders, contacts, financials, industry and description.suite.endole.co.uk
is the bond on ACL or ACL2006. looking at the liabilities it looks like ACL
With the est costs of needed repairs being reported, it sounds like it’s about to collapse now.
The bond was lent to wasps finance plc who then lent it to various group members.
The summaries above I do not think take into account the acl group situation. Inter company trading and balances would be netted off eg if acl owe acl 2006 2m the overall acl group situation would show nil. Because an asset in one and an equal liability in the other
The charts are not greatly useful unless you do that because you wouldn't sell acl without acl Ltd.
And of course the thing gets even less clear when you do the consolidation of the wasps group.
Acl borrowed 14.6m from wasps finance according to the 2020 financials
Well whatever it is/was it sounds far too complicated for a retired thick telephone engineer like me.Its like some crazy ponzi scheme
Sounds like a bad call.Well whatever it is/was it sounds far too complicated for a retired thick telephone engineer like me.
admin isn’t until Monday is it
Would depend if the 10 days for the NOI includes the day it was submitted. No one seams to know that bit.
Wonder if a new NOI will go up for ACL tomorrow
I think you can only submit once and then extend for 10 days.Would depend if the 10 days for the NOI includes the day it was submitted. No one seams to know that bit.
Wonder if a new NOI will go up for ACL tomorrow
I think you can only submit once and then extend for 10 days.
The 10 day extension should expire Friday/Monday so they will either be purchased or in admin at that point.
I thought someone said they can keep extending it if they can show a reasons for the extension ?
Fingers crossed thats not the case. Otherwise this could drag on and on.
If it’s true that the staff have been transferred to CCFC from ACL then that shows some statement of intent I think.
Many of the staff will be short term temps but no doubt there are a few that might be liabilities under TUPE.
Can anyone confirm this?
This is taken fromOn 10 day rules. Looks a bit all over the place. But most say its 10 days from the time it was submitted/endorsed
the last couple of NOI if I remember showed on case board between 1pm - 2pm
I doubt very much those big noises in the background with sky blue eyes are just sitting back waiting for what happens tomorrow or whenever re. the CBS. this has been an ongoing scenario for ages now and I’m sure all possibilities and permutations have been explored.
True yeah, if it's still standing by then it will be owned by the national trust and people will be paying to visit and tour around it. Or from above in a spacecraft.You don't really need the freehold if there's a 250 year lease available. Can anyone see the CBS still being here in 250 years. Would be well past the end of its expected life.
Well they're waiting for the debts to be wiped or significantly reduced before going in. As anyone would, why take on extra debt if you don't need to.
Maybe waiting for ACL to go into liquidation will have more value to any purchaser as well because of the naming rights being available again.
can't see anything being here in 250 years mateYou don't really need the freehold if there's a 250 year lease available. Can anyone see the CBS still being here in 250 years. Would be well past the end of its expected life.
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