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  1. D

    Could Otium

    No because everyone is saying SISU's offer will be declined. SISU won't sell to Wasps. SISU can't afford wasps A new stadium is ridiculous SISU maintain long term rent can't work. For me that leaves a merger with SISU and Wasps consortium owning shares.
  2. D

    Could Otium

    The debt is owed purely to SISU. Otium as a company merge with the wasps consortium. SISU take responsibility for the 30 million debt. When SISU in future decide to sell their share in the new merged company. They offset the profit from their debt to give their investors a proportion of...
  3. D

    Could Otium

    Numerous reasons screaming out. If the debt is isolated and does not come with the ACL deal. The risk is minimal in comparison to the potential gains
  4. D

    Could Otium

    The JR appeal...... if wasps complete 100% and SISU win the appeal. There will be no remedy by the judge so what is the aim?
  5. D

    Could Otium

    The other question is why bid then? Unless SISU are meeting wasps desperately and explaining what they can bring to the table in a partnership if wasps allow them in?
  6. D

    Could Otium

    I thought they stood down? No I don't
  7. D

    Could Otium

    It is a conditional bid. Based on the disclosure of what wasps have bid. JS wants to see how wasps having done due diligence have got round the compass aspect. Have they been offered anything different to when she ( kind of) bid. Then she will decide whether to maintain her bid. I am guessing...
  8. D

    Could Otium

    Especially if CCFC are successful
  9. D

    Could Otium

    They stated in court that they offered 2 million for business that was worth nothing. Because the business is a charity. Seems wasps were more charitable
  10. D

    Could Otium

    The ones that are employed by Higgs would have to vote for SISU if it is a bigger offer and matches all other conditions offered by wasps. The ones employed by wasps would vote for wasps.
  11. D

    Could Otium

    So you are referring to the power of veto by wasps As oppose to Higgs accepting the bid
  12. D

    Could Otium

    I would think they would only consider the charity as that is who employs them? The council element if ACL has gone. It is Higgs selling their share so surely it will be their directors making the decision. Yes I agree they stated they want to sell to wasps. However they are a charity a...
  13. D

    Could Otium

    The directors of ACL who are employed by Higgs surely have to put the aims of Higgs as their priority in this sale. If SISU agree to abide by all conditions wasps agreed to and offer more money that will go to the charity. The ACL directors cannot say well wasps and SISU may (that's a may)...
  14. D

    Could Otium

    Agree with your last paragraph however it would take a very tempting offer from SISU. Would they be prepared to bid over the odds to get taken seriously?
  15. D

    Could Otium

    Unfortunately at that time the football wasn't exactly flowing either ;) You need a successful football team for it to work. By having a merger wasps may feel they can be of assistance to ensure a successfully run club. The costs of running CCFC is what we are told are correct have reduced...
  16. D

    Could Otium

    I agree it is a lot pie in the sky I just struggle to see any other answer. I am not sure promotion is possible however I think the signings show they want it and are serious. To lose Jordan and gain two players cost more money. I don't think we would get relegated without those signings so...
  17. D

    Could Otium

    So the higher offer from SISU must match the wider objectives offered by wasps. Then yes a straight case of more money for the charity getting rejected. Why reject it?
  18. D

    Could Otium

    Yes I get that if the power of Veto is in play. Nobody know if it is so we should bid and bid high and make it public. If the veto is in play and it belongs to wasps then we have list nothing. If it belongs to the council and SISU have just offered a charity an extra half a million or a...
  19. D

    Could Otium

    The wasps consortium will need CCFC playing at the Ricoh. CCFC claim they are only there temporarily whilst building a new stadium ( I do not believe them). However it is something that wasps must take seriously. CCFC claim that they can stay at the Ricoh on a long term rent deal as it...
  20. D

    Could Otium

    The higher offer surely has to be I the best interests if the charity as long as it is payment up front and matches all agreed in wasps offer. Surely a rejection if that offer would be down to previous animosity and would go against the principles of the charity commission. How could...
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