Liquid Gold
Well-Known Member
Has anything happened?
Wasps going into admin & the impact on CCFC (228 Viewers)
- Thread starter Alkhen
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Nick
Administrator
So who did the due diligence on it all? Surely a council can't make decisions like that based on "It wasn't SISU"?
Nick
Administrator
We are at the Ricoh tomorrow.
Brighton Sky Blue
Well-Known Member
How apt that one Mr Richardson bankrupts the stadium that was conceived by another Mr Richardson
robbiethemole
Well-Known Member
Ask Otis to buy them, he loves buying useless tickets in bulk hahahhaah
Liquid Gold
Well-Known Member
Didn’t know Coventry City Council were one of Richardson’s cronies.
Can hear it now “ hi Colin you are through to Oggy & Clive, what would you like to say”
Colin from Coundon “thought we played poorly tonight and goalkeeper was at fault for their goal”
Clive “ from which angle can you make out it was the goalies error”
Colin from Coundon “well I’m not sure as I was on my settee at the time as I wasn’t there”
robbiethemole
Well-Known Member
they weren't, they stepped in to complete a deal, then refused to hand over the surplus money from the Tesco deal quoting 'state aid' even back then, and it left the Club short on what it needed to finish the stadium and that's when Higgs got involved and paid for the rest. we were supposed to buy back the Higgs share when we were stable, but it never happened. (in a nutshell)
Skyblue_CP
Well-Known Member
So what does this mean for ACL? Still going into Admin? Or has a last minute deal been struck to purchase the CBS from one of the above parties?
I really thought we would have heard something by now.
I really thought we would have heard something by now.
robbiethemole
Well-Known Member
there's a few like that on the phone in, but without them it would just be Clive and Oggie hahahahahCan hear it now “ hi Colin you are through to Oggy & Clive, what would you like to say”
Colin from Coundon “thought we played poorly tonight and goalkeeper was at fault for their goal”
Clive “ from which angle can you make out it was the goalies error”
Colin from Coundon “well I’m not sure as I was on my settee at the time as I wasn’t there”
Liquid Gold
Well-Known Member
To shorten the nutshell - the council pocketed money from a deal the club arranged leaving the club fucked financially. They then imposed an unsustainable rent on it leaving the club open to vulture owners and finally sold the place to a franchise to spite those owners once they fell out without care for how it affected the club.
David O'Day
Well-Known Member
So some of the snide ITKs have been found out
robbiethemole
Well-Known Member
nice one LG 
Brighton Sky Blue
Well-Known Member
Flying Fokker
Well-Known Member
Nick
Administrator
who?
Greggs
Well-Known Member
what do you mean?
robbiethemole
Well-Known Member
No money laundering from Richardson( the 1st), so coop's statement was bullshit??? well, I never hahahaha
Skyblue_CP
Well-Known Member
This is what I’m wondering, if there was an extension to the NOI then that would have also surely been announced by now.
Nick
Administrator
Yeah it looks like the others were.
Are we sure about this.
Wasn't there a Dutch company involved that allegedly got a chunk out of the land deal to Tesco.
Didn't the council end up putting £10M fund's into Coventry Regeneration North,which they may or not have got back through the £21M mortgage over 20 years?
Brighton Sky Blue
Well-Known Member
Could be instead that they're most of the way to a deal but will extend the notice period to let it go through.
Nick
Administrator
Yeah it worries me a bit.
Especially with the Wasps takeover stuff and the council seemingly very hands on.
Never said the council were blameless but Richardson sold our ground without having the financial backing to build the new one.
It’s ironic that we seem to now have genuine strong and accurate reporting on the City from Simon Gilbert who whilst trying to get to the bottom of the latest news would have learned of BBC proposals today announced to massively cut back on “local” content especially news. Would have thought his role at risk ( maybe Clive too)
Also cutting any local programmes after the breakfast show to be replaced by “regional content” ie Brum presenters and agenda. Of course it was mainly pisspoor but a West Midlands presenter won’t be covering us much or discussing us that’s for sure.
Still, least we have the Telegraph…
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Also cutting any local programmes after the breakfast show to be replaced by “regional content” ie Brum presenters and agenda. Of course it was mainly pisspoor but a West Midlands presenter won’t be covering us much or discussing us that’s for sure.
Still, least we have the Telegraph…
Sent from my iPhone using Tapatalk
Saddlebrains
Well-Known Member
Its all going to be better than OK
Nick
Administrator
fernandopartridge
Well-Known Member
Indeed and it was the entire basis of the council's defence of JR2, i.e. that the transactions were separate.
The Philosopher
Well-Known Member
I do wish people would stop referring to the Council getting or spending “their” money.
It’s taxpayer money that they manage on our behalf.
That they waste it on vanity projects or mishandle is a big cause of concern.
It’s taxpayer money that they manage on our behalf.
That they waste it on vanity projects or mishandle is a big cause of concern.
TomRad85
Well-Known Member
Elaborate then. Its your time to shine.
The Philosopher
Well-Known Member
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