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  1. oldskyblue58

    From a usually reliable source

    not sure we needed a new thread for this tbh Its all stuff that was out in the media and we already knew isn't it?
  2. oldskyblue58

    Wasps bid for Ricoh Arena valued at £30million

    They could in theory but as far as I know they haven't so I do not think so. This turn of events appears to have taken them by surprise. Even if they were involved as an investor in the consortium would they be in control of it? - very unlikely
  3. oldskyblue58

    Wasps bid for Ricoh Arena valued at £30million

    my understanding is that the option still exists in theory. It was granted to CCFC Ltd. SBS&L seem to have included it in their balance sheet at a value of £1m and lay claim to it. It has since been written down to nil value by SBS&L. Interestingly the £1m was paid out but it was never paid to...
  4. oldskyblue58

    Wasps bid for Ricoh Arena valued at £30million

    Can't help thinking SISU got this all wrong...... that the interests of what is best for the club have been subjugated to those of SISU, but dressed up as good for the club. My understanding is that the club set the time period for the return to the Ricoh. They set it as 4 years in total and...
  5. oldskyblue58

    Wasps bid for Ricoh Arena valued at £30million

    Thing is did SISU have knowledge or did they become aware when this prospectus surfaced ? In which case the deal was a long way down the line by that time. I get the feeling that they feel betrayed by what has gone on, certainly Peter Ward from the SCG seemed to hint at that kind of feeling on...
  6. oldskyblue58

    Wasps bid for Ricoh Arena valued at £30million

    If SISU/CCFC & Wasps negotiated a deal that provided long term security ie a long lease and gave better access to income streams, or provided opportunities to create their own at the Ricoh is that better or worse for CCFC? Heart still doesn't like this (franchise club, not anchor tenant etc)...
  7. oldskyblue58

    Wasps bid for Ricoh Arena valued at £30million

    no Otis it isn't but its still an IF. Would they change the seat colours though? Would they even take the badges down? Could Wasps change their colours? Which brings in the bigger footfall? Could both negotiate something that suits both?
  8. oldskyblue58

    Wasps bid for Ricoh Arena valued at £30million

    was saying that it made sense for CCC and AEHC to sell up that it was an excellent deal for them. That it didn't mean that CCFC had to go. That there were opportunities for CCFC to do a longer deal that got them income streams including shares in naming rights and sponsorship. That it was the...
  9. oldskyblue58

    Wasps bid for Ricoh Arena valued at £30million

    There was a football finance guy from Sheffield Hallom University on CWR this morning just after 8am took a more positive stance on what is going on.
  10. oldskyblue58

    Wasps bid for Ricoh Arena valued at £30million

    Guys the £7m aside from being pure speculation is also after money that could be paid to AEHC. If the figure estimated is correct or not I think the principle remains ....... CCC pay AEHC £7m for their shares followed by Wasps Consortium paying CCC for the shares that used to be AEHC's plus any...
  11. oldskyblue58

    Wasps bid for Ricoh Arena valued at £30million

    no they are buying the shares to stop the charity having to offer the shares to CCFC before anyone else..... not quite the same as stopping matching offers. If they didn't do that SISU, who have repeatedly said they do not want to buy ACL and will build their own ground, could block a sale of...
  12. oldskyblue58

    Wasps bid for Ricoh Arena valued at £30million

    We don't actually know the price of the shares. The deal will include undertakings to do other things like stadium improvements, taking over loan commitments etc. I doubt price of the final 10% would be much if purchased in the future. 10% gives very little rights and no control. Share prices...
  13. oldskyblue58

    Wasps bid for Ricoh Arena valued at £30million

    from memory they were talking about with the loan to the Charity and about a discounted loan to the CCC...... but it is all irrelevant really those details got nowhere and probably never could have
  14. oldskyblue58

    Wasps bid for Ricoh Arena valued at £30million

    I know there has been an argument saying its because of the JR but not sure it is that. I think part of it is that they could do with the cash (even if not massive amount)but also have no money to develop the site further which it needs. It has taken too much of the CCC attention and they need...
  15. oldskyblue58

    Wasps bid for Ricoh Arena valued at £30million

    They could I would have thought but that's going to be expensive .......... loss of earnings to be compensated etc. If they have a long lease I would expect them to go the other way and to offer a longer term deal to CCFC. But SISU are not going to get access the events income that they...
  16. oldskyblue58

    Wasps bid for Ricoh Arena valued at £30million

    An extension of lease to 99yrs would be an important addition .............. that could leave the door open for a better long term deal for CCFC
  17. oldskyblue58

    Wasps bid for Ricoh Arena valued at £30million

    looking at gendels post above I think we would broadly be in agreement that it certainly is not £30m cash I would expect - a lease extension 99 years plus - the loan remaining is £13.4 so I would think that makes up part of the £30m figure - I would guess it will morph from the Ricoh arena...
  18. oldskyblue58

    Wasps bid for Ricoh Arena valued at £30million

    Right now this is not good news for CCFC, it doesn't guarantee SISU leaving it creates uncertainty for fans club and team and we all know that could affect results anyone coming in if indeed there is anyone or the plug not simply pulled will have to deal with SISU and the loans already there...
  19. oldskyblue58

    Wasps bid for Ricoh Arena valued at £30million

    At £30m it kind of blows a hole in the JR argument that the loan exceeded worth :thinking about:
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