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  1. oldskyblue58

    Sisu boss Joy Seppala rejects council offer to play at Ricoh Arena rent-free

    http://www.bbc.co.uk/programmes/p01l0p08 This should be the show Labovitch was on ....... around about 08:10 this morning
  2. oldskyblue58

    If jr ges against ccc

    I think swanageskyblue is correct in a lot of his thinking. Only reason SISU are still here is to get a return on their investment. That return was never going to come from a L1 football team. No doubt the "immense value creation to happen in the future" is the recovery of the loss of incomes...
  3. oldskyblue58

    Sisu boss Joy Seppala rejects council offer to play at Ricoh Arena rent-free

    I did say probably Robbo............. however it is a fact that ACL own the lease so getting the freehold doesnt get automatic rights to income. It is accepted that councils have a large land bank they can just sit on, that doesnt mean they wont sell but probably they dont need to sell. SISU...
  4. oldskyblue58

    Sisu boss Joy Seppala rejects council offer to play at Ricoh Arena rent-free

    Wouldnt surprise me at all ....... however we are talking years away before that would be the case. The JR is in the high Court and could be appealed to at least 2 higher courts as I understand it before we even get to the issue of compensation. The JR doesnt usually award compensation so it...
  5. oldskyblue58

    Sisu boss Joy Seppala rejects council offer to play at Ricoh Arena rent-free

    So in summary JS meets AL in London. JS says only way back for CCFC is if it is as stadium owners of the whole site (that ties in with public statements in press). AL probably says all options are open but ACL have long lease on the site and it is not usual Council policy to sell freeholds...
  6. oldskyblue58

    Sisu boss Joy Seppala rejects council offer to play at Ricoh Arena rent-free

    Well that was a quick reply. For someone who is " non executive" ML seems very capable of making definitive statements as to what they will or wont do, seems to make a lot of the meetings, if he isn't a decision maker in some way why is he there? Anyone care to explain what makes him "non...
  7. oldskyblue58

    "Coventry City owners lead club to Northampton and towards the abyss"

    would love to see how Fisher, Labovitch, Seppala etc explain that away.............. and how staying at Sixfields makes clear sense for CCFC in those circumstances Also interested to know how the FL see things following that ............
  8. oldskyblue58

    Ann lucas

    People keep referring to CCC offering CCFC a rent or that CCC refuse to comment on rent deals that have been offered...... CCC cant offer a rent because ACL own the rights to do that and for similar reasons CCC cant comment on rent deals that may or may not have been offered......
  9. oldskyblue58

    Ann lucas

    Keep hearing renting is not an option .......... so why is it not an option ? ACL effectively rent the place (they paid rent up front as a premium) and they own ALL the income from the site. I would suspect they would be more than happy to extend the lease to 99 or more years and never own the...
  10. oldskyblue58

    "Coventry City owners lead club to Northampton and towards the abyss"

    I suspect the reason that values of 3m or 4m are propagated is because it paints a picture of a failing business, an operation that is in trouble and needs to be bailed out hard talking focussed financial people. It doesnt actually have to be about reality Others of course are just simply...
  11. oldskyblue58

    "Coventry City owners lead club to Northampton and towards the abyss"

    Also to clear a couple of things - the club stopped paying rent before the negotiations started with the Charity. - the option to that CCFC Ltd owned could not be activated whilst CCFC owed ACL money outside of normal terms so any share sale was not on the basis of the "option" - ACL could...
  12. oldskyblue58

    "Coventry City owners lead club to Northampton and towards the abyss"

    Lets be clear that CCFC were repaid all but 308k of their net investment in the Arena project. In being so paid they deposited not only the monies spent and shown as assets but also all the associated debts into the arena project. If this had not happened then we would not be having this...
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