Should have went bust took the ten points and started with clean slate
Fawaz Al-Hasawi (1 Viewer)
- Thread starter skylark37
- Start date
HuckerbyDublinWhelan
Well-Known Member
Think you miss the point, there was no alternative... it’d been liquidation
Nick
Administrator
Not to mention the now wasps owner talking about moving here before he even bought them.
Would he have bought them if the Ricoh wasn't lined up?
pipkin73
Well-Known Member
And would have still needed a ground to play in, as we know it was 1.2 million for 26 days at the ricoh or do you think if we went bust then we would have found a new ground in Cov to play in?
HuckerbyDublinWhelan
Well-Known Member
Yeah but you’d need to cover off their bond - the Ricoh ain’t worth that
HuckerbyDublinWhelan
Well-Known Member
The best position regarding the Ricoh is getting 50% of it. But I assume wasps would want us to take on 50% of the bond aswell
pipkin73
Well-Known Member
Would not have thought so. This was a long game played by the council, thought they could have both teams their and charge shit loads rent to bail them out. SISU then said no way are we paying that
(and we all know what happened so i aint typing all that again) so the council said fyou and sold it cheap to the insects. Can anyone really say that the council have not helped to try and destroy the football club, if you can then please tell me your reasons.
Watch them hopefully go bust it is then. Or maybe Al-Hasawi is cuckoo enough to cough up the beans. Worth a punt then?
We all know the various issues (the club, the ground, Wasps, etc) are complexly linked, and all parties have a hand in all the issues...
But if SISU (quite rightly) have to carry the can for our troubles, as owners...
Then the council, as owners of the Ricoh, carry the can for selling to Wasps...
But if SISU (quite rightly) have to carry the can for our troubles, as owners...
Then the council, as owners of the Ricoh, carry the can for selling to Wasps...
thekidfromstrettoncamp
Well-Known Member
My memory of that time in 2007 it was administration not liquidation many teams including us have come out of this There was not a gun held to their head.They f----- up people who should have known better.You also say getting" 50 % share" had the chance in 2013 funny enough we were in administration then offer made by Otium could have got it cheap but what they did was put strings to it and Alan Higgs Charity said "no way" and who could blame them the offer from Wasps was unbridled.While in this admin their were 3 other bid on the table and APPELTON chose the 1 put in by the people who appointed him to a very lucrative postion.
Nick
Administrator
You do realise the conditions stuff was just press babble from pwkh don't you and that's it's proven to be nonsense?
Acl would have gone bust with ccfc holdings a new ccfc would have started again at the rioch as been said would have come out of admin not liquidation
Sorry mate but that's wrong ,you can't rewite history to make your point ,the council chose Sisu because they were the ones saying they would take on the he debt and pay the creditor's if had gone to admin they would have lost control to the administrator
It has but as time goes by people want to change the events to make there point ,but for balance how can any councilor in this city sleep at night when they think what they have done to this football club every time they go to Tesco's or the rioch it's self
No mate carnr argue with that
ccfcway
Well-Known Member
Pretty sure a councillor isn’t losing any sleep over ccfc when doing a big shop.
No clue how many of them supported or cared about ccfc, but there hasn’t been a political change in the city due to it, so they must think the local population care as much as they do.
Not defending them in the slightest and if I lived in cov my number 1 question this election would be what each party is doing to get ccfc home, as the rest of the polices don’t effect me anywhere near as much as that does.
Everyone has allowed it to happen and to continue happening.
All been said in other threads though
HuckerbyDublinWhelan
Well-Known Member
There were no other bidders willing to take on the 1.2 million rent. The others all made comments about being unable to work with the council - see The Manhattan Group
we didn’t have the chance in 2013..the council had a veto on it, which they already said would exercise
And finally - the admin process - Appleton has a duty to get the biggest amount back for the creditors... the biggest being SISU - so really had no choice to pick them
COVKIDSNEVERQUIT
Well-Known Member
Yeah and we know who they are , you get personal insults for having different opinions to them.
Nick
Administrator
More Wasps BS?
It doesn't surprise me you are all over his posts, especially while you are in that glass house trying to throw your pebbles.
HuckerbyDublinWhelan
Well-Known Member
To be fair the guy started with it when his facts were questioned- using phrases like Spastic.... I mean nobody is against different opinions. But you can’t dismiss others when they have facts to back it up
COVKIDSNEVERQUIT
Well-Known Member
Yeah just like you.
Like the ones your all over, you keep coming for me, at least it gives someone else a break.
pipkin73
Well-Known Member
NO!! as even thought others were interested the council had a veto and also what makes you think that they would have reduced the rent for NEWCO CCFC. All of this is due to the council charging so much rent to the football club. If it had been a fair rent from day one do you think SISU would have done what they did?
Nick
Administrator
Try reading the thread.
Again, like your new hero. Facts and thinking aren't really your thing.
Yet again, you act a dick and then try to play a victim when somebody corrects you or points out the irony in what you say.
COVKIDSNEVERQUIT
Well-Known Member
And you call me a dick.
Nick
Administrator
You might want to learn to read.
covmark
Well-Known Member
Oh come on, you must have a shit unrelated gif to post for this situation?
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Stand to be corrected , but the 1.2M rent was to cover the ACL bank loan, if ccfc had gone into Admin so would ACL, the rest is unknown so can not be argued either way as it didn't happen., My only point is that both the council and SISU try to make out there actions are because of what the other party did , I don't believe that , they both knew what they were doing ,Its just sad that people are still arguing for one side or the other, when they are both as bad as each other
thekidfromstrettoncamp
Well-Known Member
I didn't know it's been proved nonsence love to read it was not quoting pwkh although I have heard his name but they didn't see eye to eye when they were trying to negotiate a deal.Is the rest fact?
Skybluemichael
Well-Known Member
What annoys me is why didn’t the ccc try and get the best price possible for the taxpayers, say we are going to sell the stadium to wasps for £5mill + debts, sisu do you want to better that offer? start a bidding war, we were never offered it at that good of deal
HuckerbyDublinWhelan
Well-Known Member
The council would have just propped up ACL like they did anyway.
Are you also forgetting the initial collusion to bankrupt ACL between the council and SISU?
covmark
Well-Known Member
You've been on the forum long enough now mate. You must be aware of the selective memory syndrome.
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thekidfromstrettoncamp
Well-Known Member
A quote from from Joy in distant times "I don't posture.I aways tell people what it is i need .I don't go for wasting time in negotiations" I think this sums up the reason why we are where we are now.
