So now we know (1 Viewer)

COVKIDSNEVERQUIT

Well-Known Member
Maybe the council has more interest in wasps than they make out.


No shit sherlock.



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capel & collindridge

Well-Known Member
I admit I skipped pages 7 to 12 as things started getting a bit repetitive, but the thing that is blindingly obvious to me, and not apparently to Shmmeee, is that Wasps must have been perfectly well aware that they had been gifted the Ricoh at a giveaway price. More than that, they must have thought they had got away with this by making sure all the blame was heaped on SISU and CCFC. They have been totally sneaky in the way that haven't kept to any of the their promises (CCFC will always be able to play at the Ricoh etc.)

If the EU judgement goes against them - and all their behaviour suggests that they are very frightened that it might - they want an assurance that their illegal acquisition is preserved intact whilst someone else (SISU or CCFC) picks up the bill. It is not a question of saying it's simply word-play or how you interpret things or all the parties are just looking after their own interests. It is blindingly obvious to most of us that there's been a massive stitch up and that CCFC has been the massive loser. If Wasps now go bust and all those councillors get kicked out of office, who have done their best (or conspired) to deprive the city's proud football team of the stadium that was built for it to play in, they have only reaped what they sowed with their underhand tactics. This is a CCFC supporters website. We don't need to be making excuses for the parties that have been trying to make the existence of our team almost impossible. We owe Wasps nothing. They have almost cost us our very existence as a viable football club. If we do survive in the Championship, it will be no thanks to Wasps or CCC! If they have to contribute towards what we have lost, and to pay in part for us to build a new stadium, they will get no sympathy from me. They will get exactly what they deserve.
 
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chiefdave

Well-Known Member
Yeah.

The timings would all be interesting too and when money was actually paid.

Was it "you can take on the loan and you have to pay it back now" or was it "don't worry lads, you go sort your bonds and send it over when you can".
Deadline to apply for bonds was 6th May, they were issued on 7th May.

Telegraph report that the council had received the loan repayment is dated 13th May.
 

mullingar

Well-Known Member
I would like to add my two pennies worth. Firstly when has a hedge fund ever built anything? We are blinded by our hope. Secondly surely we can all see that it currently makes little financial difference to be playing at St.Andrews rather than the Ricoh and it clearly puts Wasps under pressure which is the modus operandi of Hedge Funds. We can dance around indemnity and nda all we like but leopards dont change their spots. Getting gullible fans on their side is just good PR. Nothing substantial at all. Robin's and the team have turned some heads
 

Mucca Mad Boys

Well-Known Member
I would like to add my two pennies worth. Firstly when has a hedge fund ever built anything? We are blinded by our hope. Secondly surely we can all see that it currently makes little financial difference to be playing at St.Andrews rather than the Ricoh and it clearly puts Wasps under pressure which is the modus operandi of Hedge Funds. We can dance around indemnity and nda all we like but leopards dont change their spots. Getting gullible fans on their side is just good PR. Nothing substantial at all. Robin's and the team have turned some heads

What happens when two hedge funds are pitted against one another?
 

TTG

Well-Known Member
I skipped a few pages so could have been answered, also really dumb but who are the other people involved in the nda and what are they
 

ccfc1234

Well-Known Member
I admit I skipped pages 7 to 12 as things started getting a bit repetitive, but the thing that is blindingly obvious to me, and not apparently to Shmmeee, is that Wasps must have been perfectly well aware that they had been gifted the Ricoh at a giveaway price. More than that, they must have thought they had got away with this by making sure all the blame was heaped on SISU and CCFC. They have been totally sneaky in the way that haven't kept to any of the their promises (CCFC will always be able to play at the Ricoh etc.)

If the EU judgement goes against them - and all their behaviour suggests that they are very frightened that it might - they want an assurance that their illegal acquisition is preserved intact whilst someone else (SISU or CCFC) picks up the bill. It is not a question of saying it's simply word-play or how you interpret things or all the parties are just looking after their own interests. It is blindingly obvious to most of us that there's been a massive stitch up and that CCFC has been the massive loser. If Wasps now go bust and all those councillors get kicked out of office, who have done their best (or conspired) to deprive the city's proud football team of the stadium that was built for it to play in, they have only reaped what they sowed with their underhand tactics. This is a CCFC supporters website. We don't need to be making excuses for the parties that have been trying to make the existence of our team almost impossible. We owe Wasps nothing. They have almost cost us our very existence as a viable football club. If we do survive in the Championship, it will be no thanks to Wasps or CCC! If they have to contribute towards what we have lost, and to pay in part for us to build a new stadium, they will get no sympathy from me. They will get exactly what they deserve.
Very well said. Looking forward to reading more of your contributions on this forum.
 

Mucca Mad Boys

Well-Known Member
I admit I skipped pages 7 to 12 as things started getting a bit repetitive, but the thing that is blindingly obvious to me, and not apparently to Shmmeee, is that Wasps must have been perfectly well aware that they had been gifted the Ricoh at a giveaway price. More than that, they must have thought they had got away with this by making sure all the blame was heaped on SISU and CCFC. They have been totally sneaky in the way that haven't kept to any of the their promises (CCFC will always be able to play at the Ricoh etc.)

If the EU judgement goes against them - and all their behaviour suggests that they are very frightened that it might - they want an assurance that their illegal acquisition is preserved intact whilst someone else (SISU or CCFC) picks up the bill. It is not a question of saying it's simply word-play or how you interpret things or all the parties are just looking after their own interests. It is blindingly obvious to most of us that there's been a massive stitch up and that CCFC has been the massive loser. If Wasps now go bust and all those councillors get kicked out of office, who have done their best (or conspired) to deprive the city's proud football team of the stadium that was built for it to play in, they have only reaped what they sowed with their underhand tactics. This is a CCFC supporters website. We don't need to be making excuses for the parties that have been trying to make the existence of our team almost impossible. We owe Wasps nothing. They have almost cost us our very existence as a viable football club. If we do survive in the Championship, it will be no thanks to Wasps or CCC! If they have to contribute towards what we have lost, and to pay in part for us to build a new stadium, they will get no sympathy from me. They will get exactly what they deserve.

Agreed.

Its been a stitch up since the council took all the money from the Tesco deal for the land.

The club cannot continue to be ‘enslaved’ by the RICOH indefinitely. Regardless of tactics, SISU were right that it was totally broken and unsustainable relationship between the RICOH and CCFC. Issues that wouldn’t go away when SISU leave the club.

Wasps, as an organisation, are vultures. They tried to take over Adams Park and kick out Wycombe of their stadium. Thankfully, their local council had the foresight of safeguarding their local football team.

Our local council, frankly, have let us down completely. In relation to the latest failed talks they put a statement saying ‘it’s an issue between landlord and tenant’, showing a total disregard for the club. Selling 100% of the RICOH to Wasps was, not only a stitch up, but has fundamentally put the club’s future at risk. Bad blood between SISU and the CCC does not excuse the total failure to safeguard the club (and CRFC, to a lesser extent).

Worst of all, CCC genuinely don’t seem to care about the situation CCFC finds itself in.
 

Sky Blue Pete

Well-Known Member
I would like to add my two pennies worth. Firstly when has a hedge fund ever built anything? We are blinded by our hope. Secondly surely we can all see that it currently makes little financial difference to be playing at St.Andrews rather than the Ricoh and it clearly puts Wasps under pressure which is the modus operandi of Hedge Funds. We can dance around indemnity and nda all we like but leopards dont change their spots. Getting gullible fans on their side is just good PR. Nothing substantial at all. Robin's and the team have turned some heads
Wow thanks
 

mullingar

Well-Known Member
Sorry Sky Blue Pete I didn't mean to come across as patronising. I just can't see SISU as good guys. They will never build a stadium so where does that leave us? They've moved us out of Coventry twice and managed to create enough confusion that we dont hold them responsible. Smoke and mirrors. They own the club they make the decisions. The long term future of the club...frankly no. I just dont believe it
 

capel & collindridge

Well-Known Member
Very well said. Looking forward to reading more of your contributions on this forum.
Thank you ccfc1234. But you know, I have contributed before (my italics and bold)

On 30th July 2016 - 4 years ago to the day - I posted in the
Formal Planning Objection from CCFC thread:

Did Chris Anderson fail to turn up for a meeting that he had agreed to attend? If he hadn't agreed to attend in the first place, why make anything of the fact that he didn't attend?
And even if he had said he would attend - and is there actually any proof he did say he would? - he would still have been wise not to attend if it became apparent at any stage that the meeting was not being held in good faith.

I can't believe that so many City fans believe a word that Wasps and CCC say. It's utterly disgraceful - and no more than 10% SISU's fault.
Very well said. Looking forward to reading more of your contributions on this forum.

and on 20th November 2015, I posted in the
Butts Park Arena is new home thread:

tonyok said: It will never happen with Sisu. Just another pointless campaign to keep the FA of their backs! Let's just concentrate on the football.

My reply: I know I'm very much in the minority here, but I've always thought it likely that somehow or other a new stadium would have to be built. I can understand why people haven't believed TF, as his job at SISU seems to have been to head up the misinformation department. But Chris Anderson is in a completely different position. Why would he come in as a high profile figure within the game, shoot his mouth off about stadium plans that don't exist and a meeting with the FA that hasn't happened, without being genuinely convinced that we will soon be acquiring a new stadium. He has everything to lose by making false claims. Equally, he has everything to lose by demonstrating that he is being duped by our owners, or that he is stupid enough not to know the difference between Coventry City Council and the adjoining areas or not to know that basic knowledge of this kind matters to City supporters. The really interesting bit for me appears to be the suggestion that CCC may be willing to contemplate some kind of an accommodation with SISU about a ground in the city for the City. Let's hope common sense prevails and we get something akin to HR Mark 2.
 

mr_monkey

Well-Known Member
[Q.”
Sorry Sky Blue Pete I didn't mean to come across as patronising. I just can't see SISU as good guys. They will never build a stadium so where does that leave us? They've moved us out of Coventry twice and managed to create enough confusion that we dont hold them responsible. Smoke and mirrors. They own the club they make the decisions. The long term future of the club...frankly no. I just dont believe it

Tbf last year and this year wasn't their fault. I get the deep routed hatred of sisu completely but now is the time for them to show if they really have changed.

They have made the right noises over the last few years so let's give them the benefit of the doubt for now and see what happens. If it proves to be more smoke and fucking mirrors then personally I'll be yelling sisu out from the highest point possible but right now it's wait and see
 

usskyblue

Well-Known Member
He has a point. how will they raise capital for such a project?

Thick investors with more money than sense.

All they’d need is a quick Microsoft Powerpoint (10 slides max) with a catchy title, showing we’re promotion material. 9th slide saying getting to the Premier League is worth 200 million and ‘eleventy billion’ therein after. Last slide shows Usian Bolt (Baka’s head photoshopped) breaking the finish line). Presented by Carl Baker.

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luwalla

Well-Known Member
If that’s what happened. No. But there’s no indication of strong arming and I don’t see how they could strongarm a third party business against their will.
Agreed.

Its been a stitch up since the council took all the money from the Tesco deal for the land.

The club cannot continue to be ‘enslaved’ by the RICOH indefinitely. Regardless of tactics, SISU were right that it was totally broken and unsustainable relationship between the RICOH and CCFC. Issues that wouldn’t go away when SISU leave the club.

Wasps, as an organisation, are vultures. They tried to take over Adams Park and kick out Wycombe of their stadium. Thankfully, their local council had the foresight of safeguarding their local football team.

Our local council, frankly, have let us down completely. In relation to the latest failed talks they put a statement saying ‘it’s an issue between landlord and tenant’, showing a total disregard for the club. Selling 100% of the RICOH to Wasps was, not only a stitch up, but has fundamentally put the club’s future at risk. Bad blood between SISU and the CCC does not excuse the total failure to safeguard the club (and CRFC, to a lesser extent).

Worst of all, CCC genuinely don’t seem to care about the situation CCFC finds itself in.

this!!

the council are the ones that held the power and drove decisions all along, simple as that!

they had the power to look after the club of this city and the supporters of the club during our hard times - through administration and relegation - and they chose to try and hold the club to a rent agreement that was far out of affordability, because the previous owners signed whatever they had to to get the funding to finish the build & expected us to be back in the premier league

they had the ability to either reduce the rent to a token amount and give the club match day revenue to help it survive , and they chose not to and force the club out of the city once

they then. had the power to put aside any personal differences and act as elected representatives Of the city of coventry and do a deal With the football club that has representated this city for over 125 years, and brought millions if not billions of pounds to the city, and they chose to be spiteful because they did t like the owners, and sUR ground to a franchise rugby club from London under dubious terms - a company that are seemingly ridden with debt, offer little stability and carry no history to this city....whatever way you look at it, that was unacceptable

and now it seems they are also preventing the club from now playing at the ground we built and partly paid for, because they are pulling the strings in the background to try and protect themselves from any uncoverings on that deal

and some are still trying to stick up for the council and say it’s big bad SISUs Fault ?

SISU were naive and guilty of not understanding the busines they had got themselves into, but they have learnt and seen the errors they made and have corrected them.

With the exception of the fa cup and the one season under strachan as ‘the entertainers’ I’ve not known such highs... and my kids certainly haven’t. They have backed the manager, invested in players and wages and secured 2 promotions and a cup win. The council should be professional and put the past aside and try to ride the wave with us and indulge the people of coventry, instead it seems their only interest is protecting themselves form any wrong doing...

if you’ve done nothing wrong, you have nothing to worry about! Let the rugby club do the deal
 

NorthernWisdom

Well-Known Member

Whilst some councils are seemingly obstacles to the long term viability of a beloved football club, others look to do the right thing...

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25 years isn't long. That just kicks the can down the road, and would have been a reduction of the original ACL lease.
 

Sky Blue Pete

Well-Known Member
Which supporters are bad guys Pete?
Good point. Where does one draw the line. Let’s go with and All the supporters although those that Start to go to games when we’re top having played the ball out from the back all season And shout kick it long really grate lol
 

Skyblueweeman

Well-Known Member
25 years isn't long. That just kicks the can down the road, and would have been a reduction of the original ACL lease.

The point being that the local council are working with the club, even if 'only' for 25 years. Stark contrast to our situation. You would take a 25 yr agreement now wouldn't you? I think we'd all take 5-10 if it worked financially....

* Edit - whilst the Seppala-Dome is built at UoW
 

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