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    Coventry City owners Sisu found to have ‘seriously mismanaged’ club

    ACL sued in the high court and won the judgment. When the club went into administration, the administrator wrote: “The [club] did not honour its obligations under the terms of the lease and licence.” However Sisu’s lawyers, Speechly Bircham, complained about the article, and even complained to...
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    Coventry City owners Sisu found to have ‘seriously mismanaged’ club

    http://www.theguardian.com/football/2014/jul/03/coventry-city-sisu-ricoh-arena :whistle::whistle::whistle::whistle::whistle: Great article
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    What happens next when Sisu appeal?

    It is standard business practice :whistle: ;)
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    What happens next when Sisu appeal?

    Bit late for that it has all been wasted :whistle:
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    What happens next when Sisu appeal?

    FFs really am sick of this off the field shit now enough is enough, there could be another 7 months of this shit :(:(:(:(:(:(
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    Coventry City Conversations

    i understood it more before the clean up ?? WTF lol;)
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    Coventry City Conversations

    oww my eyes :eek:
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    JR finished

    I thought that was a draw nobody won or lost and everybody paid their own costs?
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    Comical interview with Fisher on cwr

    One of the funniest thing i have heard mr fisher has lost the plot, we lost twenty points??? i thought it was ten points or is he predicting the future ?
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    Comical interview with Fisher on cwr

    all of those things? :whistle:
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    Ann Lucas: Coventry council has been "vindicated" in Ricoh Arena row

    Seppala will liquidate out of spite no doubt she does not like to lose and seems more than happy to cut her nose off to spite her face.
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    Ann Lucas: Coventry council has been "vindicated" in Ricoh Arena row

    http://www.coventrytelegraph.net/news/coventry-news/ann-lucas-coventry-city-council-7348697 Coun Lucas also urged the club’s owners to reconsider their appeal - particularly as the legal battle had already cost the council six-figures in legal fees - and said the council would seek to recover...
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    Where do we go from here ???

    Also hope SISU are proud for destroying a club and its history just to make a killing on an investment that went wrong through their own miss management !!
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    Full Court Verdict

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    Full Court Verdict

    well worth the read if you get time :D
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    Full Court Verdict

    Conclusion 164. This claim fails in its entirety. Formally, I refuse the application on Grounds 1 and 3, and refuse permission to proceed on Ground 2.
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    Full Court Verdict

    158. The Council do not accept that its officers acted in a manner "calculated fundamentally to undermine" the SISU negotiations. But, in any event, as I have explained, the SISU plan had terminally stalled by the end of August 2012, because it was impossible for them to agree to purchase the...
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    Full Court Verdict

    148. Mr Goudie submitted, rightly, that this is not a public law ground of challenge: in essence, it is a plea by the Claimants and SISU that the only proper course the Council could have followed would have been to have agreed to the commercial course that SISU were pursuing. For the reasons I...
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    Full Court Verdict

    147 This too is hopeless. Mr West updated the Labour councillors on 3 December, to the effect that the Bank considered ACL would be able to pay the loan, although ACL did not think that that was the case. ACL rejected the Bank’s restructuring proposal on 6 December, on the basis that it could...
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