They haven't bought the road network, the surrounding land, car parking ?, casino or hotel though have they ?
You can't angle any good out of this for SISU, they are still very culpable in all of this coming around. It's one shocking fuck up that has been coming since 2001 !
No thanks I'd rather build a new stadium than become long term tenants to wasps.
We push for a 50% stake in the Ricoh
No thanks I'd rather build a new stadium than become long term tenants to wasps.
We push for a 50% stake in the Ricoh
It was being posted about on here a couple of years ago, although it was dismissed by many as there was no chance of anyone else being interested in the Ricoh. Find it hard to believe that forum posters heard about it but SISU had no idea.
Just saying a new stadium isn't going to have all that.
We move and it will be from a first class arena to a tinpot stadium, probably in the middle of Nowheresville.
As has been said though, that could be 2 years planning for Wasps. Doesn't mean ACL were involved necessarily at that point.
I am not angling any good for sisu. But I do try to advocate that the other parties CCC/ACL/Higgs are not squeaky clean either.
ACL refused any rental discount up till the point of the 'road-map'.
CCC bought the mortgage (at too high a price) in a secret deal (till it was done) fully knowing it would lay any deal with ccfc dead.
Now it seems CCC negotiated the Wasp deal in parallel with the negotiations with the club.
The club is left without any hope of ever owning ACL and will probably be forced to build a new stadium.
Not simply because of what CCC have done, or simply because of what ACL have done, or what sisu have done ... they all contributed and are all to blame!
Surely it's a business decision ?
A good rental deal is better than financing a new stadium, surely ?
As I have said before Haskell is just a poor mans Tom Wood.
(this is a joke, as Haskell is a friend of MMM and I like to rib him about it, and Tom Wood is Cov lad who is vice captain of Northampton Saints and England and is clearly a better player than that lump Haskell)
Singers in Stingers union
They will then shorten it
We should also boycott khaki shorts and brown sandals.
Total cut off from any rugby association. We can also ban the names Tarquin and Rupert and anything double barrelled.
Apparently Coventry City Ltd still has first refusal on the Higgs 50% so it will be offered to the liquidator of CCFC Ltd before wasps purchase goes through
It won't happen Otis ...........It is and has always been SISU clap trap and lies !
I think we all agree with your first line but no, the club won't build anything, it's bullshit and lies that they will continue to spin until after their final court appearance fails !
BT Sport are here with their cameras. Ann Lucas is called over for an interview and jokes "yesterday was my day! Today isn't about me!"
i dont think thats the case , im pretty sure ACL had the business share basicallyI might be wrong, but it'd be 50% ownership of ACL.
Which, I suppose, might mean 50% of all revenues.
Might be wrong though
Great. So the entity that could acquire the other 50% is, in fact, a dead non-entity that has nothing to do with CCFC anymore?
This just keeps getting better. :jerkit:
11th hour bid for acl 50%?
do it sisu if we are offered the chance.
So for a shade over the money we received for Wilson in the summer we could own half of the Ricoh.
It's not dead though, the club (or rathers the clubs owners) can still buy the share. This is excellent news.
Apparently Coventry City Ltd still has first refusal on the Higgs 50% so it will be offered to the liquidator of CCFC Ltd before wasps purchase goes through
I don't think CCFC ltd have that kind of cash sitting, so it's a non-starter.
Even if they did, could a company in liquidation actually buy and sell-on assets?
I don't think CCFC ltd have that kind of cash sitting, so it's a non-starter.
Even if they did, could a company in liquidation actually buy and sell-on assets?
How good can a rental deal be though, it hasn't worked over the last 10 years has it?
I'd imagine we've got a pretty good/fair deal at the moment and Fisher said that the current deal is only viable in league 1.
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