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Outside Tescos, holding a bib with "I dribble for Coventry City" is what I'd like to see in the 'new manager' pic. And given how things are going, I reckon I've got a good chance. :)

They may have been filed, before we all get too excited...

Good point - I hadn't thought about the period covered. It's been ages since I had to submit accounts, isn't it something like nine months after the close of the financial year - in which case we're talking Jun 13 to May 14 (ish) off the top of my head. The Northampton period won't tell us...

Aren't we talking about Otium here?

It doesn't seem like great business practice leaving it as late as possible before filing, but it's hardly unique as I recall - it could well be the usual last-minutery that SISU seem to enjoy, and they are actually at Companies House now. Having said that, I also wouldn't be surprised if Otium...

I really don't think it's appropriate to 'out' forum users like this. Are you prepared to stick your real name up here, for the record? For what it's worth I'm a Coventry taxpayer and I'd be happy enough to put my name to that letter, so that part of your argument is absolute rubbish too...

f) fs! :)

D) Wasn't asked to return?

This does look a lot like the managerial stuff has taken focus away from the playing side. Having said that, I hope everyone gets behind Burge and he has a blinder.

I don't much like Waggott, but I've got to say that this is a pretty fair assessment imho.

I don't see the logic of this argument at all. Is anyone really saying that as fans we're not paying attention to what SISU are doing to the club (or not doing) because of the request for more clarity on what the council have done with regard to ACL etc.? That doesn't stand up at all, just...

Exactly that. There's no reason this has to be massively expensive, what you're looking for is a neutral arbiter with access to the documents and people involved. It's the sort of thing that the Local Govt Ombudsman does all of the time for individual complainants, and that service doesn't...

If you mean more lucrative in the sense that the council will get more interest, then that assumes that the loan is going to be paid back. As we've seen, without Richardson chucking millions into Wasps, it's not a profitable business. CCFC is now apparently cash flow neutral - would opening up...

As it stands though, this is a business that relies entirely on the goodwill of a single investor to survive. Isn't that the case? If he pulled out tomorrow, and/or asked for repayment of the other 8.5m he's owed, Wasps is finished. I don't wish the bloke ill, but what if he falls upon hard...

That's not quite true if it turns out that Wasps are actually a bigger risk than the council purported. It also ignores the fact that when the council bailed out ACL they told precisely the reverse story regarding its profitability in order to justify it.

This isn't a simple sale of an asset to boost council coffers though is it? The taxpayer still carries a big risk here, currently around £14m. If the Council had sold it's share in ACL and Wasps had also bought out the mortgage, then it would be a bit clearer. It still wouldn't mean that it...

Unless I've misunderstood it then, Wasps are reliant on a sugar daddy in the form of Richardson. This isn't a profitable or sustainable business unless he's willing to keep putting his hands in his pockets (currently) to the tune of at least a few million pounds a year. If for whatever reason...

I see what you're saying, but isn't it a bit of a circular argument though (there's a posh word for this that I can't remember - tautology?). The council knew it was SISU, so they must have done everything by the book, therefore there's no point in an enquiry. Also, I wouldn't personally look...

That's a very fair point mate - and we shouldn't forget the possiblity of JR2 either. The article says that sub judice doesn't really apply here, the argument being that unlike a jury a High Court judge cannot be swayed by media discussion. However I've got to admit that you can obviously...