Nothing to keep us there anymore (1 Viewer)

The coventrian

Well-Known Member
No one is coming out of this smelling of roses. But, at this precise time (as you’ve already said yourself) Wasps need to drop the indemnity.

That’s it.

Whether you believe SISU are 100% culpable for getting us here, or whether you apportion blame in multiple areas...it’s all largely irrelevant when we look at our common goal moving forward;

Getting the football club back in Coventry.
I agree 100%. I dont want wasps in Coventry. I think rugby is garbage. I just absolutely detest our owners for putting us in this position. They fucking disgust me. As for Wasps,they can go bust as far as I'm concerned.
Anyway I'm done with this .
 

chiefdave

Well-Known Member
Er no that’s why I’m asking!
STATEMENT FROM ARENA COVENTRY LIMITED

13 MARCH 2013:

The Board of Arena Coventry Limited (ACL) announces that it has made an application to the High Court in London to request that it make an administration order against Coventry City Football Club (CCFC). The application relates to CCFC's failure to pay ACL £1.3m in rent that ACL is lawfully owed for CCFC's use of the Ricoh Arena.

The application to the High Court now means that:

At a date in the next few weeks, the High Court will consider CCFC's financial position, and whether it is fit to continue trading. If the High Court rules that this is not the case, CCFC will be placed into administration.

If the High Court determines that CCFC should be placed into administration, the High Court will then appoint an administrator to sell CCFC to a buyer that is able to restore financial stability to the Club.

It will provide for an interim period, pending the outcome of the hearing, during which other parties (including CCFC owner, Sisu) will be unable to wind-up or liquidate CCFC.
 

Tommo1993

Well-Known Member
Nobody here has the answers to anybody’s questions, but let’s ask the same ones 200 more times!
 

usskyblue

Well-Known Member
I agree 100%. I dont want wasps in Coventry. I think rugby is garbage. I just absolutely detest our owners for putting us in this position. They fucking disgust me. As for Wasps,they can go bust as far as I'm concerned.
Anyway I'm done with this .

There is evidence to suggest multiple parties played a big part in fucking us over. But, like I said, it’s really a moot point at the moment.

We need, and should be entitled to, information regarding the indemnity. What it is...and if it’s the obstacle stopping negotiations.

That’s incumbent on Wasps and that’s why tougher verbiage and action from the Trust was needed. But yet again..they fell woefully short.

So Wasps continue to get an easy ride on the indemnity.
 

covmark

Well-Known Member
This agenda talk is just complete bollocks. I have a different opinion. That's it. Fuck em if they dont like it.
Yeah, the agenda bollocks gets thrown around regularly. By Sisu lovers, Council sympathisers and trust cunts.

Sent from my SM-G960F using Tapatalk
 

olderskyblue

Well-Known Member
There is evidence to suggest multiple parties played a big part in fucking us over. But, like I said, it’s really a moot point at the moment.

We need, and should be entitled to, information regarding the indemnity. What it is...and if it’s the obstacle stopping negotiations.

That’s incumbent on Wasps and that’s why tougher verbiage and action from the Trust was needed. But yet again..they fell woefully short.

So Wasps continue to get an easy ride on the indemnity.

That was my point on the trust thread, and frostie put up a SISU statement as "proof"...... We really don't know the exact details of what the indemnity is

Anyhow, I think the indemnity is just bollocks anyway, and it's all about Wasps being pissed off that when the deal for us to return was about to be signed, they all found out, even Boddy, what SISU had done re the European Court.

There really is no good reason why they couldn't still do a deal. Fit of pique, brinkmanship, call it what you like, but imho, it comes down to one organisation, not willing to give any quarter to the other. Eastwood must know his argument doesn't hold water, so the indemnity is surely a smokescreen to wasps bitter feelings towards SISU.

This could be too simple of course, but this is where the SBtrust could, and should, be focusing their energies.

I agree the statement is weak really, compared to what we would hope for, but for the trust, it's actually a big step forward... that probably will be as far as they go of course. Shame. If only we had grendel on the trust board... :emoji_zipper_mouth:
 

NorthernWisdom

Well-Known Member
That was my point on the trust thread, and frostie put up a SISU statement as "proof"...... We really don't know the exact details of what the indemnity is

Anyhow, I think the indemnity is just bollocks anyway, and it's all about Wasps being pissed off that when the deal for us to return was about to be signed, they all found out, even Boddy, what SISU had done re the European Court.
It's also negotiating in bad faith of course. None of this stops the fact that the indemnity is the obvious obstacle to be removed, but let's not kid ourselves that it was entirely surprising we ended up here.
 

Sky Blue Pete

Well-Known Member
I can’t believe Ccfc didn’t know about the Eu complaint but maybe you’re correct. You’ve got to be annoyed when that comes out. I also can’t that if the June statement by Sisu was false that wasps wouldn’t have challenged it. I also can’t believe that the information in that statement was allowed but other questions have been answered with sorry non disclosure etc. Biggest for me is that wasps won’t say loud and clear that they have made repeated attempts to talk to Sisu and Sisu aren’t willing to talk.
 

MusicDating

Euro 2016 Prediction League Champion!!
That was my point on the trust thread, and frostie put up a SISU statement as "proof"...... We really don't know the exact details of what the indemnity is

Anyhow, I think the indemnity is just bollocks anyway, and it's all about Wasps being pissed off that when the deal for us to return was about to be signed, they all found out, even Boddy, what SISU had done re the European Court.

There really is no good reason why they couldn't still do a deal. Fit of pique, brinkmanship, call it what you like, but imho, it comes down to one organisation, not willing to give any quarter to the other. Eastwood must know his argument doesn't hold water, so the indemnity is surely a smokescreen to wasps bitter feelings towards SISU.

This could be too simple of course, but this is where the SBtrust could, and should, be focusing their energies.

I agree the statement is weak really, compared to what we would hope for, but for the trust, it's actually a big step forward... that probably will be as far as they go of course. Shame. If only we had grendel on the trust board... :emoji_zipper_mouth:

“As everyone is aware, we made it a pre-requisite of talks that the owners would stop pursuing proceedings around the ownership of the Ricoh Arena. We understood the owners shared that desire based on the letter it sent to us.

“Talks began in April and we entered those discussions in good faith. Since then we have been working to get that deal over the line and we did not halt discussions even when it emerged that the owners had filed a complaint to the European Commission as far back as February but not informed us of that.

“Despite significant progress being made in the discussions, we have unfortunately been unable to reach an agreement with the owners which, putting aside the complaint to the European Commission, would deliver the fundamental principle that there would be no further proceedings about the ownership of the Ricoh Arena"

That sounds like Wasps just didn't believe SISU's letter.
 

mr_monkey

Well-Known Member
“As everyone is aware, we made it a pre-requisite of talks that the owners would stop pursuing proceedings around the ownership of the Ricoh Arena. We understood the owners shared that desire based on the letter it sent to us.

“Talks began in April and we entered those discussions in good faith. Since then we have been working to get that deal over the line and we did not halt discussions even when it emerged that the owners had filed a complaint to the European Commission as far back as February but not informed us of that.

“Despite significant progress being made in the discussions, we have unfortunately been unable to reach an agreement with the owners which, putting aside the complaint to the European Commission, would deliver the fundamental principle that there would be no further proceedings about the ownership of the Ricoh Arena"

That sounds like Wasps just didn't believe SISU's letter.

But surely if that was true wasps would be singing about it from the rooftops to paint sisu as the bad guys in this. Eastwood has come out and said that the EU complaint wasn't the reason the talks stopped, the reason the talks stopped was wasps asking ccfc to cover any costs if they (wasps) were ever found of doing anything wrong in regards to the stadium.

The EU complaint is not legal action it is asking the EU to look at how wasps managed to get such a good deal on a stadium when it wasn't offered to anyone else, that is it. Wasps are shitting themselves that they will be forced to pay more for the stadium and at the moment they can barely afford to keep the lights on so would be proper fucked if they needed to find another £30 million from somewhere, so want ccfc to cover this if it happens, which in turn would bankrupt our club over something that it had no part in.
 

olderskyblue

Well-Known Member
“As everyone is aware, we made it a pre-requisite of talks that the owners would stop pursuing proceedings around the ownership of the Ricoh Arena. We understood the owners shared that desire based on the letter it sent to us.

“Talks began in April and we entered those discussions in good faith. Since then we have been working to get that deal over the line and we did not halt discussions even when it emerged that the owners had filed a complaint to the European Commission as far back as February but not informed us of that.

“Despite significant progress being made in the discussions, we have unfortunately been unable to reach an agreement with the owners which, putting aside the complaint to the European Commission, would deliver the fundamental principle that there would be no further proceedings about the ownership of the Ricoh Arena"

That sounds like Wasps just didn't believe SISU's letter.

the deal was about to be signed, boddy had a bottle of champers ready to celebrate when the EU issue came to light, and it all went to pot. Discussions continued? I’m sure they did, but I bet it wasn’t about signing a deal.

lets face it, few of us would trust a statement from any of the parties involved, including the one you quoted.
 

Sky Blue Pete

Well-Known Member
the deal was about to be signed, boddy had a bottle of champers ready to celebrate when the EU issue came to light, and it all went to pot. Discussions continued? I’m sure they did, but I bet it wasn’t about signing a deal.

lets face it, few of us would trust a statement from any of the parties involved, including the one you quoted.
So is it fact that dave boddy didn’t know?
 

fernandopartridge

Well-Known Member
“As everyone is aware, we made it a pre-requisite of talks that the owners would stop pursuing proceedings around the ownership of the Ricoh Arena. We understood the owners shared that desire based on the letter it sent to us.

“Talks began in April and we entered those discussions in good faith. Since then we have been working to get that deal over the line and we did not halt discussions even when it emerged that the owners had filed a complaint to the European Commission as far back as February but not informed us of that.

“Despite significant progress being made in the discussions, we have unfortunately been unable to reach an agreement with the owners which, putting aside the complaint to the European Commission, would deliver the fundamental principle that there would be no further proceedings about the ownership of the Ricoh Arena"

That sounds like Wasps just didn't believe SISU's letter.

It sounds like Wasps are asking that in the event of the EC investigation finding there is a case for the council to answer, SISU are not alllowed to pursue any court action off the back of it. It is unrealistic and I wouldn't sign up to it either.
 

Nick

Administrator
the deal was about to be signed, boddy had a bottle of champers ready to celebrate when the EU issue came to light, and it all went to pot. Discussions continued? I’m sure they did, but I bet it wasn’t about signing a deal.

lets face it, few of us would trust a statement from any of the parties involved, including the one you quoted.

Interesting how Gilbert found it out when the council and Wasps didn't know and then unveiled it to the world just before a deal was going to be done which suddenly put a spanner in the works.

A huge coincidence and a bit of bad timing. Doh!
 
Last edited:

Nick

Administrator
The only entity Gilbert could have found out from is the council

Exactly.

So a deal is about to be done and then somebody just happened to tell Gilbert about it who tells the world. Wasps act like they didn't know about it before then and talks go to shit.

The council would have known so would they have not told Wasps?
 

SkyBlueCRJ

Well-Known Member
Exactly.

So a deal is about to be done and then somebody just happened to tell Gilbert about it who tells the world. Wasps act like they didn't know about it before then and talks go to shit.

The council would have known so would they have not told Wasps?

To be fair we don't know. I've had a number of conversations with Tynan Scope about this and he claims Wasps definitely didn't know beforehand. We can only speculate how true that is.
 

Sky Blue Pete

Well-Known Member
To be fair we don't know. I've had a number of conversations with Tynan Scope about this and he claims Wasps definitely didn't know beforehand. We can only speculate how true that is.
Who is tynan scope again? Ccfc pr?
Also Simon Gilbert could have found out from Eu contacts
 

SkyBlueCRJ

Well-Known Member
Quite a big issue you would have thought playing at Ricoh or st Andrews?

Well SISU didn't anticipate Wasps throwing the club out of the stadium did they? You're distorting the timeline - St. Andrews wasn't even under consideration then. I reiterate why would SISU consult Boddy in their legal proceedings when it didn't have anything to do with him at the time of them making the complaint. I think we know SISU well enough by know to guess that pretty much most CCFC staff are probably on a need to know basis.
 

Nick

Administrator
Head of Commercial. I find it difficult to believe the CCC didn't know I think it's likely Gilbert find out through them.

It's even more difficult that they wouldn't have told Wasps.

Why would they then tell Gilbert just before a deal is about to be signed?
 

Sky Blue Pete

Well-Known Member
Well SISU didn't anticipate Wasps throwing the club out of the stadium did they? You're distorting the timeline - St. Andrews wasn't even under consideration then. I reiterate why would SISU consult Boddy in their legal proceedings when it didn't have anything to do with him at the time of them making the complaint. I think we know SISU well enough by know to guess that pretty much most CCFC staff are probably on a need to know basis.
Yep probably I think it’s a better relationship with dave boddy and Mark robins though but I don’t know

and yep ok about the timeline
 

SkyBlueCRJ

Well-Known Member
It's even more difficult that they wouldn't have told Wasps.

Why would they then tell Gilbert just before a deal is about to be signed?

Is it? The CCC's whole strategy for over half a decade has been to disrupt SISU as much as possible - regardless of how it affects the club.

So, if we're speculating who's to say CCC didn't find out weeks before and sat on it until the time was right to drop such a bomb? What better way to reveal such a story than through Gilbert and what better timing - that way they can play the victim, just as Wasps have done and do still to this day as well do their bit to shut down talks.

Don't you find it odd how knee-jerk Wasps' reaction was? Bit strange that the indemnity issue wasn't discussed in the initial round of talks yet when the story leaked by Gilbert, Wasps suddenly demanded an indemnity clause when talks later resumed. Why demand indemnity then at that point in time? Surely if they'd known about the complaint beforehand it would've saved a lot of time and effort for all parties involved for the EC Complaint to be revealed straight off the bat and indemnity to be demanded within those first round of discussions. It wouldn't have changed anything as both the club and SISU would've refused to sign so you can't argue that it was a tactical decision. I think it's more difficult to believe that the council didn't know about it over Wasps, especially given that the complaint directly concerns them.
 
Last edited:

NorthernWisdom

Well-Known Member
the deal was about to be signed, boddy had a bottle of champers ready to celebrate when the EU issue came to light, and it all went to pot. Discussions continued? I’m sure they did, but I bet it wasn’t about signing a deal.

lets face it, few of us would trust a statement from any of the parties involved, including the one you quoted.
You'd be mad to trust any of them, really.
 

Users who are viewing this thread

Top