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  1. oldskyblue58

    Appeal granted

    If SISU are planning on keeping up this crap waiting for Wasps to fail then I make it around another 5 years to go .................. bond repayable 2022
  2. oldskyblue58

    Appeal granted

    what happens to the lease if group insolvent (from details in bond prospectus) "Under the terms of the head lease granted by Coventry City Council ("CCC") to Arena Coventry (2006) Limited ("ACL2006") in respect of the Arena (the "Head Lease"), CCC have reserved the right to forfeit the Head...
  3. oldskyblue58

    Appeal granted

    It is not a question of entity nor ever has been that's a complete waste of thought. Legally they are different which means in court they are different. IT IS a question of control. The fact that ccfc and Sisu are not the same entity has given the owners strength to carry out many of their...
  4. oldskyblue58

    Appeal granted

    Corrected it ;)
  5. oldskyblue58

    Appeal granted

    Leaving aside the Sisu are or are not the same as ccfc argument........ Otium t/a Coventry city football club are named on the court documents are they not? Otium are shown at companies house as owning the EFL golden share not Ccfc..... So that makes it that the club are also appealing the...
  6. oldskyblue58

    Steps removed. SISU and CCFC.

    As I understand it the appeal is against the reasoning in the first decision. It is not a full hearing of the case. If they win the appeal then JR2 will then take place. I would think there is little chance of jr2 being heard in 2017. A judge has been persuaded by written submissions that the...
  7. oldskyblue58

    Appeal granted

    I think you are probably right and fisher Seppala are possibly relying on it. But it means a further period of uncertainty because wasps will be in no hurry to get a deal done and the terms are unlikely to the same when one is done. There is a niggling thought that Seppala wants to see the...
  8. oldskyblue58

    Appeal granted

    Did the observer report the Sisu defeat in the last court appearance?
  9. oldskyblue58

    First Ever Cov Match You Saw ?

    First game was 21st December 1968 away at Man City. We lost 4 : 2 but it was a big adventure on the day for a 10 year old lad and I was hooked. We had some good players then Manchester City v Coventry City, 21 December 1968 Score 4-2 to Manchester City Competition League Division One Venue...
  10. oldskyblue58

    Steps removed. SISU and CCFC.

    Actually the conditions on the offer and the charitable partnerships were referred to separately by AEHC in their statement. I read that to say that there were conditions attached that were not made public and the Pillar of Partnership were not conditions at all only things that could happen...
  11. oldskyblue58

    Steps removed. SISU and CCFC.

    It would seem that shares in ACL were issued to CCC via North Coventry Regeneration Ltd for £1.76m these were then sold to Wasps for 2.77m - that looks like a profit. Of course they got paid the lease premium of £21m and then loan 14.5m and interest repaid in full (albeit early). The money...
  12. oldskyblue58

    SBITC Ambassadors

    good positive news for a change :)
  13. oldskyblue58

    Steps removed. SISU and CCFC.

    This "an offer not made to SISU or CCFC" You could say "if you don't ask you don't get". Did CCC offer 250 years to Wasps or did Wasps ask for or demand it, I suspect the latter. From memory were SISU not offered a 100 year lease at one point. Really shouldn't get hung up on the number of...
  14. oldskyblue58

    Steps removed. SISU and CCFC.

    Higgs sale of shares in ACL. Ignoring all of the ego, antipathy, personalities etc First off, from what has happened since it is pretty clear AEHC trustees had taken a decision to distance themselves from any direct or indirect involvement in professional sport. They have sold shares in ACL...
  15. oldskyblue58

    Steps removed. SISU and CCFC.

    :banghead::banghead::banghead::banghead::banghead::banghead::banghead::banghead: really cant tell if you are being obtuse or serious? but what ever floats your boat. No idea why you would chant that but there you go.......
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