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Bullshit blinkered propaganda, there is nothing incorrect in my statement! :pimp:

Incorrect! they had the opportunity to purchase the Higgs share in ACL - which owns a 50 year lease on the Arena, Not the freehold! :pimp:

They have paid £6 million in rent over 5 years and have zero ownership of the Arena from that £6 million! They probably see £20 million in building a stadium better suited to our needs, as smarter use of the money going on the rent. :pimp:

Rotherham stadium http://www.footballgroundguide.com/rotherham_united/ More Pics Its modular meaning the capacity can be added to! :pimp:

Not Posh http://www.bbc.co.uk/sport/0/football/21792789 :pimp:

On deeper examination it does look like the £21m went into the project and not into the Councils back pocket. But they still have it mortgaged and the club are effectively paying the mortgage. Re your question "Why couldnt we get the finance"? It looks like the bigest finacing came from the...

http://moderngov.coventry.gov.uk/Data/Cabinet/200604041400/Agenda/09%20-%20ricoh%20arena%20-%20operation%20of%20the%20ricoh%20arena%20ricoh%20arena%20funding%20hotel%20developments.pdf#search=%22acl%20%22 Interesting, Did the council already make an initial profit of £11m on the Arena...

All I can say is Vasa vacua facere maxime sonitus - Vade enim Civitatem! :pimp:

a lot of contradiction here! I love it when the Tove says ACL doesn't make any profit because it was all reinvested back into the Ricoh! So that doesn't count then? Then the Tank argues what a valuable "Asset to the City of Coventry" the Ricoh is when the Tove has already admitted he's...

Yes but! Now the council own it, its the council making more money out of it - including out of the footbal club! All the club needs to rent is the turf and the seats. :pimp:

Going back to the op, I think the council have been very oportunistic in jumping into the Arena project and taking it out of the hands of the club who instigated the project. It is generally overlooked that the project grew into much more that just a football stadium. Stokes stadium only cost...

Thanks Jan :pimp:

I am not sure if this has been discussed before. But I think the FFP 60% includes transfer fees. Anybody know different? :pimp:

Do you think SISU want to play outside Coventry? Do you think they dreamed up this plan because our away form is so good? Do you think PH4 would prefer to carry on paying ACL £1.2m a year rent? NO! SISU are being forced to carry this through because the CCC and their created sub-company CCC...

Yes the transfer embargos are SISU's fault and pretty dumb! But that has nothing to do with the level of investment. Yes facetious, well spotted, but illustrative of the unreal expectations of many on here, who do you expect them to sign? Transfer fees are now out of fashion, particularly in...

Wasn't aimed at you personally wingy, just people on here generally. But paying the wages does count as investment! If SISU wern't paying the wages who would? ACL?, the council? Obviously they wouldn't but would it still not count as investment if they did? SISU should get some credit for...

I'm saying we had the biggest wage expenditure (on playing staff) in the league - and you expect them to sign more! It can't happen! Not with PH4, not even with Obramavich! :pimp:

Probably due to all the winging on here! :pimp:

Where do you deduce that from? This year we were the best funded team in the division, equal with Doncaster. and FFP would not allow any more to be spent. :pimp:

They already used that to buy the lease off CCC? Now they need money to make the payments on it. The plan was CCFC were supposed to pay it for them! :pimp: