Trust Statement (1 Viewer)

SkyblueBazza

Well-Known Member
I'd love a new stadium, four stands rather than a bowl with 3 great spires built into 3 corners to represent the 3 spires of Coventry and the 4th left open and positioned to welcome the sunrise on the winter solstice, just because.
You old romantic you!

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oldfiver

Well-Known Member
I suppose my point/fear is that just because it's none of CCFC's concern doesn't mean that it will attract the Council's support because they will be looking at the interests of the City as a whole (which wouldn't be served by a failed Ricoh, brought on by CCFC moving away). Hopefully i'm wrong, the parties can prove that it's viable and we end up with a proper home. I think the bigger problem is probably that the Joy Seppala Memorial Stadium will only ever get built

if SISU can get somebody else to pay for it.
Isn't that what WASPs have done?
 

CJ_covblaze

Well-Known Member
Alternatively they give everyone a way to back down from their entrenched positions.

SISU can say they are dropping the legals as they need the council onside for a new stadium

The council can say we will support any new stadium project and in the meantime it makes sense to stay at the Ricoh as its the only option

Wasps can say we appreciate the club needs their own stadium and that the Ricoh is the only stadium currently available so will agree a medium term deal

Everyone comes out of it looking good, or as good as can be expected from where we are now and if the legals are dropped to allow that to proceed can anyone see SISU sticking around for years to come?

Most importantly it would mean we have somewhere to play next season.

This is the best possible outcome at present.
 

olderskyblue

Well-Known Member
I think you might be confusing the words and their meanings.

If you are now saying it's down to the new owner to decide if it's needed or feasible, why are the Trust now deciding?

It's either needed or it isn't, I find the fact they put that bit in a bit weird. Hopefully CJ will clear it up though.

I think you are confusing reasoned argument with a desperate need to try to prove me wrong? ;)

The trust deciding??? I think they are entitled to a view, whether we think it's right or wrong is up to us.

it's either needed or it isn't?? Are you sure about that? Things never change then? What if a new owner came in and did a deal for 1/2 the ricoh? would another new ground still be needed?
I needed a BMW 330i convertible years ago, but then got a call to say my daughter was expecting. I then needed an X5.... Things change.. :emoji_smile:

We've already agreed the trust didn't need to add that bit.
 

Nick

Administrator
I think you are confusing reasoned argument with a desperate need to try to prove me wrong? ;)

The trust deciding??? I think they are entitled to a view, whether we think it's right or wrong is up to us.

it's either needed or it isn't?? Are you sure about that? Things never change then? What if a new owner came in and did a deal for 1/2 the ricoh? would another new ground still be needed?
I needed a BMW 330i convertible years ago, but then got a call to say my daughter was expecting. I then needed an X5.... Things change.. :emoji_smile:

We've already agreed the trust didn't need to add that bit.

Why are people referring to the trust as "they"? Surely they are representing the members? If it is just giving the views of 4 or 5 people and some in the background then why do they speak like they represent the fans?

Of course things change, as it stands at the minute things like a new stadium shouldn't be ruled out as "not needed" ;)
 

olderskyblue

Well-Known Member
Why are people referring to the trust as "they"? Surely they are representing the members? If it is just giving the views of 4 or 5 people and some in the background then why do they speak like they represent the fans?

Of course things change, as it stands at the minute things like a new stadium shouldn't be ruled out as "not needed" ;)

I guess they represent the views of the fans that go to the meetings?

There is zero chance of a new stadium, so you might think it's needed, but, contrary to all the bluster from SISU, they clearly don't.
 

Nick

Administrator
I guess they represent the views of the fans that go to the meetings?

There is zero chance of a new stadium, so you might think it's needed, but, contrary to all the bluster from SISU, they clearly don't.

Do they actually represent members? I'd disagree with that, which is why they should just keep things simple.

I'm sure they would love a new stadium. ;)
 

Nick

Administrator
Where would you stick Joy's statue?

giphy.gif
 

Razzle Dazzle Dean Gordon

Well-Known Member
Isn't that what WASPs have done?

It was built by the time they got here yes but they didn't set out with the express intent of getting somebody else to finance a stadium for them. Obviously I could be wrong about SISU too but I don't trust them to be genuine in their dealings and I doubt any of the other parties do either.
 

Captain Dart

Well-Known Member
tbh, I'd be deeply suspicious of SISU's claim they didn't know the deal was happening. The move back always looked like hurtling back in an attenmpt to either claim squatter's rights and stop Wasps buying it, or to try and raise the value with CCFC there again as tenant, to make it unviable as a purchase.
I got multiple verbal assaults for asking if that claim rang true. I did not even state my opinion, though you might be able to figure it out.
 

Warwickhunt

Well-Known Member
And a naked lady trotting around on a horse at half time repping lady godiva. For authenticity.
Mental Picture of Anne Lucas in the nude on the back of a horse riding through the streets of Coventry
 

Captain Dart

Well-Known Member
Alternatively they give everyone a way to back down from their entrenched positions.

SISU can say they are dropping the legals as they need the council onside for a new stadium

The council can say we will support any new stadium project and in the meantime it makes sense to stay at the Ricoh as its the only option

Wasps can say we appreciate the club needs their own stadium and that the Ricoh is the only stadium currently available so will agree a medium term deal

Everyone comes out of it looking good, or as good as can be expected from where we are now and if the legals are dropped to allow that to proceed can anyone see SISU sticking around for years to come?

Most importantly it would mean we have somewhere to play next season.

Not unreasonable. Hopefully the stare down will be over in a while..
 

shmmeee

Well-Known Member
The new stadium more than likely is a negotiation tactic at the minute, the same as "dropping the legals is".

The thing is the Council and Wasps want them to drop their negotiation tactics before even opening the door for negotiations which won't happen and they know that full well.

Don’t get this.

A tactic is needed by Sisu for the overall aim of continuing the distressing of CCC/Wasps or getting the Ricoh on the cheap (delete as appropriate).

What is dropping the legals a tactic for? Isn’t it just then end goal? Do you think talks wouldn’t happen if legals were dropped?
 

Captain Dart

Well-Known Member
Get Seppalla, Richardson and Duggins into a room, lock it, last one alive gets council, CCFC, Wasps and Ricoh
I understand one of them can't be killed but I don't know which one.
 

Seaside-Skyblue

Well-Known Member
I personally would love a new stadium if it came to fruition. It should be plan A ideally if funds existed for one. At minimum then carrying on at the Ricoh would be fine. Although I'm actually surprised the seats haven't been turned to yellow and black yet to be honest. Its a statement of their opinion which is ok. I doubt SISU will read it and think it reflects the general fan base opinion and scratch off the idea based on that so i dont think we need to worry.

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Nick

Administrator
Don’t get this.

A tactic is needed by Sisu for the overall aim of continuing the distressing of CCC/Wasps or getting the Ricoh on the cheap (delete as appropriate).

What is dropping the legals a tactic for? Isn’t it just then end goal? Do you think talks wouldn’t happen if legals were dropped?
You can't see why they wouldn't give things up like that BEFORE any talks even start? Where the council and wasps could then do whatever?

They have said they are willing to drop, of course it's not gospel but we won't find out
 

oldfiver

Well-Known Member
It was built by the time they got here yes but they didn't set out with the express intent of getting somebody else to finance a stadium for them. Obviously I could be wrong about SISU too but I don't trust them to be genuine in their dealings and I doubt any of the other parties do either.

But the initial finance to buy the stadium was in place - the Council rolled over the loan until WASPs raised their own
This was a sweet deal that trebled the value ( allegedly ) to enable WASPS finance to find £36m of Bondholders. The monies raised provided funds to clear the initial debt, the Chairmans Loan account plus some change to pay the Bond interest back to the Holders with their own money.
 

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