Search results

Last season Rory and Delf Two awesome signings on paper :(

I do recall that most people took the mick saying words to the affect of what sort of hollow threat is that? Which is why people can't ignore threats when it comes to deals worth £20 million pounds. 'We don't posture, we are building a new stadium'. I don't believe it but I can afford to say...

Sorry I said do actually think they would have done that deal. I don't think they would have I think the legal action and the move out if Coventry was designed to get an even lower deal. I think if they were interested in doing that deal they would have started negotiations with the council...

That's why you probably want wasps to do well. Otherwise it could be another 5-7 years of attempting to get to break even point and looking for opportunities to put financial pressure on wasps and I would guess try to get kicked out if the Ricoh to try and put more pressure in Wasps.

They bought ACL which means they bought its debt. The deal did not exclude the debt. They are the owners of the owners of the debt

If and I know its a massive if CCFC were making a profit and that profit was used to pay that liability back instead if going into SISU's accounts. They are paying for it.

The deal is worth around £20 million Unless you can convince me that ACL owned by Wasps have not inherited a liability for 12-14 million.

The taxman need to do his research get him to peruse these forums.

If you rented it out and paid back the mortgage out of your rental income then yes it looks like you got it completely free. What a bargain a flat worth £130000 sold for nothing. I need to get in on that game. Sounds a bit Fugazi to me.

That money would have gone in their pocket as profit. Instead it is used to pay the loan. They owe that money the deal was worth around 20 million. If they borrowed 14 million from TSB and payed the councils loan straight off. Would you be saying they paid 5.5 million for it?

Apparently not every time I correct someone saying the deal is worth around £20 million I keep getting reminded that it is only worth £5.5 Million. Apparently when someone asks you what you bought your house for it the deposit you paid, not the other say 200k of mortgage or whatever figure. You...

He said that made the decision to takeover Ricoh firm ACL an easy one - even if it did equate to roughly £20million after he paid ACL’s partners £2.77m each for their shares and took over a £14.4m loan from Coventry City Council...

Ok now can you answer my questions 1) what do you think Anne Lucas meant when she said words to the effect of. I have contacted Joy Sepella asking her to contact me regarding doing a deal regarding stadium ownership? 2) what do you think she meant by this needs to happen by the turn of the...

Thanks again G man. Very worthwhile input

Simon have you asked CCC. If now that they are no longer an owner of ACL. Would they welcome and actively help SISU try to build a new stadium within their boundaries. If such land does exist, would they support the concept in order to keep the football club within the local economy?

Dave if you don't think all of what I posted doesn't address that question then I completely wasted my time. I think if SISU had like wasps when asked came and put a bid in then eventually they would have got that deal. Knowing SISU they possibly would have some how got a better deal. They...

Probably the most comprehensive 5-6 points to Dave's point I could possibly give. Thanks though for your forever useful and poignant contribution.

The bit where she said lets discuss a deal about stadium ownership. What is it exactly you think she was referring to? What do you think the bit about talking to others who have expressed an interest was about. By setting a deadline. What did you think she was planning that would potentially...

I don't think you are on the wind up as that does not seem your style. In October 2013 Anne Lucas says she has contacted Joy Sepalla asking her to come and talk to here about stadium ownership. She even uses the term to discuss a 'deal' Please re-read the posts. She says she can't understand...

I you read all of the press releases by the two and do not come to the conclusion that SISU should have come to the council by January and declared that they wanted negotiations. Then I am not really sure what else I can say. It is all there in black and white.