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  1. oldskyblue58

    Wasps bid for Ricoh Arena valued at £30million

    What does "worth around £30m" actually mean? Is that cash, loan notes, debentures, does that figure include the loans left in place of 13.4m ??? Has the lease been extended for ACL? Interesting to see (a) if it gets approved (b) what SISU/CCFC do. I can understand the business case...
  2. oldskyblue58

    SCG/ Garlick Stadium group to merge?

    Surely the first question is why were the Trust included in potential legal action at all when no one else was? Having been included what was the most effective way to deal with it? I hear what you are saying and its a way that should be honoured...... but believe me a softly softly behind...
  3. oldskyblue58

    SCG/ Garlick Stadium group to merge?

    I know what you are saying Nick but a couple of points regarding that situation - SISU could have picked the phone up and said to the Trust look we have a problem with this article can you remove reference to it. They didn't first thing the Trust knew about a problem was a letter from Speechley...
  4. oldskyblue58

    Council could vote on Ricoh takeover as early as Tuesday

    I agree with that in parts. But............ The club doesn't have the money no but for the stadium to remain in the same group then there would need to be a "new" company formed where would it get its funds from? SISU could choose to put in a new company or in Otium the price would not be...
  5. oldskyblue58

    Council could vote on Ricoh takeover as early as Tuesday

    The other thing I would like to say surprises me (but somehow it doesn't) is this notion that somehow the sale of Ricoh* to someone not connected to the City of Coventry in any way is great news because it means SISU will be got rid of. a) there is no guarantee SISU will go b) we don't know the...
  6. oldskyblue58

    Council could vote on Ricoh takeover as early as Tuesday

    no it wasn't ....... there never was an agreed deal to be blocked, only heads of terms that expired at the end of an exclusivity period 31/07/12. The value SISU wanted to pay based on their assessment of the shares held by AEHC was way below what AEHC would have accepted. There was no deal and...
  7. oldskyblue58

    Council could vote on Ricoh takeover as early as Tuesday

    Everyone seems to get the impression that this detailed interest from Wasps is being progressed as some knee jerk reaction to rush it through. I am not so sure it is, I think it will turn out that detailed talks have been going on for a number of months and prior to the JR result. For instance...
  8. oldskyblue58

    Council could vote on Ricoh takeover as early as Tuesday

    Agreed fp ........ we don't actually know do we ............. but the CT article implies it is approving it to be sold next week.
  9. oldskyblue58

    Council could vote on Ricoh takeover as early as Tuesday

    Because ACL and CCFC have a signed contract that gives CCFC a day rental deal for two years with a further two year option. That does not change because new owners of ACL are found and would cost ACL compensation to break it. My understanding is that the 4 year time scale is what the club said...
  10. oldskyblue58

    Council could vote on Ricoh takeover as early as Tuesday

    I would think and hope they would require clear and unambiguous information on that front....... including proof of funds and source. You would hope they have learnt from the past wouldn't you. In which case that may well rule out any SISU entity involvement in the consortium. If SISU/CCFC...
  11. oldskyblue58

    Council could vote on Ricoh takeover as early as Tuesday

    and yet it is stated that the consortium is struggling to finance it via the prospectus .......... so how does the council approve a deal three working days from now that hasn't actually been made yet and is apparently unable to be financed? :thinking about:
  12. oldskyblue58

    Coventry story on radio in Brighton

    Interesting that a few posters squabbling on a forum is viewed as the fan base being divided. There is a difference of opinion as to the apportionment of blame yes, a difference of opinion as to the way forward yes, a difference of opinion of who did what when and how effective yes.......... but...
  13. oldskyblue58

    SCG/ Garlick Stadium group to merge?

    I agree with chiefdave the suggested merger of the two would be more window dressing and un-necessary I think this could be a signal if true for what we have suspected all along there is no new stadium. The merger allows the stadium committee to disappear without them coming out and saying the...
  14. oldskyblue58

    Get Cov Back to the Ricoh response to Wasps Ricoh Takeover

    So you are reasonably certain that the bid isn't actually from Wasps at all but from a consortium that will include the person who owns Wasps? that could well mean ACL wouldn't actually be owned or controlled by Wasps? Would that mean if Wasps did play at the Ricoh (something I am not in...
  15. oldskyblue58

    Cov RFC do NOT want a merger with Wasps

    not much of a bargaining chip if ACL are prepared to bring in other options is it. I would think that while the negotiations with Waggott were going on that the talks with Wasps were also progressing. Who was it that pressed for a short term deal? That would be an interesting question to get an...
  16. oldskyblue58

    Cov RFC do NOT want a merger with Wasps

    Without getting in to the previous arguments isn't the key to all this getting CCFC/SISU to commit long term to a future at the Ricoh. They have to say to ACL they want to be there long term and mean it. That will mean a change in stance from them because right now ownership is not on the...
  17. oldskyblue58

    Time To Drop The 5-3-2?

    to a degree I am a little confused as to what SP is trying to do He has a transfer window during which he brings in players to play 442 then having got the players to play that changes it to a defensive 352. No issue which formation but I am not convinced we have players that are comfortable...
  18. oldskyblue58

    Cov RFC do NOT want a merger with Wasps

    Thought I would look at the average home attendances in Premiership Rugby Wasps - 2011/12 5904...... 2012/13 6049 .....2013/14 5267 ............ hardly big numbers There are over the last 3 seasons five teams in the Rugby Premiership that have over 10000 averages - Northampton, Harlequins...
  19. oldskyblue58

    Wasps in talks to takeover Ricoh

    apology accepted but not necessary Michael. We always will differ on some things
  20. oldskyblue58

    Wasps in talks to takeover Ricoh

    I put my interests and those of my family, all of which have long running links with the Club, first. What I want is to see the team I support, CCFC, playing at the Ricoh long term. Don't particularly care how it is done because I will have no involvement in it but I will seek to understand from...
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