Search results

  1. duffer

    Details of Wasps' Ricoh Arena deal with council revealed

    Funnily enough I had a huge win on the Russian state lottery just the other day, but currency controls mean that I can't get the money out of the country. If you could just send me your bank details... :)
  2. duffer

    Clarke Carlisle

    I think you nailed it Nick, in essence this by definition is someone who isn't thinking straight. I know footballers can be arseholes, but I don't think CC was considering how he might make someone else's life worse - in fact I'd say that if you've got to this point what you're often thinking...
  3. duffer

    Details of Wasps' Ricoh Arena deal with council revealed

    Noggin, if you'd be willing to put money into the Wasps/ACL deal then I'd say you'd got a bigger appetite for risk than you realise. ;) I'm talking equity here, Noggin, equity! A rising tide lifts all boats etc. - I'll stick our pitch on YouTube for you. :)
  4. duffer

    Details of Wasps' Ricoh Arena deal with council revealed

    Noggin, I accept that you'd be prepared to take that risk, even though I'm not convinced you've thought it through properly. I know a little software company you can invest in that will (probably) bring you much better returns, PM me for further details. :) The point I'm making is that the...
  5. duffer

    Wasps deal will be externally scrutinised

    tisza mate, that's a pretty balanced response. I doubt we'll ever agree on all of this, but what you're saying here is fair enough. I suspect the Wasps JR might actually be a slightly stronger case than the first one (perhaps in part because the council no longer has a direct financial...
  6. duffer

    Details of Wasps' Ricoh Arena deal with council revealed

    Just to come back on this - if at any time you can't realise the amount of the loan by selling what it is secured against, then that loan is not properly secured. (Yorkshire Bank pointed this out to ACL incidentally, way back when they were holding the mortgage). This isn't about state aid...
  7. duffer

    Details of Wasps' Ricoh Arena deal with council revealed

    MMM, there's a fair point there I'd accept about taking things in isolation, but it cuts both ways! And when Lucas was talking about Wasps bringing £6 million per game into the local economy I'm afraid she was talking rubbish. That's arithmetically illiterate any which way you look at it...
  8. duffer

    Details of Wasps' Ricoh Arena deal with council revealed

    Sorry Steve, I see your point but when you're talking about risking money 'what-ifs' are critical. You can't confidently make the right decision without those analyses. It's why I used to work in a bank in an area called Credit Risk (it wasn't as exciting as it sounds).
  9. duffer

    Wasps deal will be externally scrutinised

    I can't see why you don't get it, I honestly can't. The enquiry into the Council's possible wrongdoing around ACL is entirely separate to the actions of the club. SISU undoubtedly put pressure on ACL through tactics that were probably legal, but morally wrong. That doesn't entitle the council...
  10. duffer

    Details of Wasps' Ricoh Arena deal with council revealed

    That bit there - gates of sub-10k, surely that points to another stretch of the truth from Lucas et al - that we should do the deal so that Wasps could bring millions to the city's economy. Clearly they knew that that was rubbish even when they were saying it.
  11. duffer

    Details of Wasps' Ricoh Arena deal with council revealed

    Appreciate the reply - I get the sense that some are ducking the question here when claiming that this is a great deal for the council, Ann Lucas included. I agree that the lease will revert to the council, but then what happens. What if there's no one else to buy it? Also, if this is a...
  12. duffer

    Wasps deal will be externally scrutinised

    Absolutely not - there's no logic to that anywhere that I can see. This is solely about the actions of the council and whether or not they were proper. Would you suggest that investigation into any of SISU's alleged financial wrongdoing should drag the council in, as they could claim that "it...
  13. duffer

    Details of Wasps' Ricoh Arena deal with council revealed

    Straight question: What happens to the loan if Wasps subsequently goes bust? The council said that they wouldn't risk taxpayers' money by making loans to loss making operations, but as it turns out they did in both the original deal to ACL, and seemingly now again in this refinancing. Maybe...
  14. duffer

    Wasps deal will be externally scrutinised

    Apologies for not coming back on this point by point, but an enquiry into the council's actions would have nothing to do with the owners of the club, in much the same way that an investigation of the club by (say) the SFO or FL would have nothing to do with the council. The second JR regarding...
  15. duffer

    Wasps deal will be externally scrutinised

    Exactly that. It's a start, but this doesn't look anything like a serious attempt to get to the bottom of what's gone on here. At various points when it suited the council, ACL was either profitable or unprofitable. Then it was either for sale, or not for sale. There's also a pretty serious...
  16. duffer

    Any update on tonight's meeting ?

    I'm with you entirely on the pointlessness of just saying SISU out, and I'm interested to see what the people proposing this at the trust think this will achieve. What I'm really talking about here though is what I see as the somewhat lazy complaint that the trust don't do anything (tea &...
  17. duffer

    Any update on tonight's meeting ?

    You mean you've lost faith in them - neither me nor you can speak for the majority here. I don't know about posting suggestions on this forum, that's hard enough to follow at the best of times, but have you or anyone complaining about the trust here actually troubled yourselves to contact them...
  18. duffer

    Any update on tonight's meeting ?

    If anyone here isn't happy with the way that the trust is run, then rather than sniping pointlessly here why not get involved? For example I'm not entirely chuffed with the direction that the trust has taken, but they put it out to vote, and went with the majority decision. To me, as a member...
  19. duffer

    League 1 FFP rules and myths debunked (CET article)

    Yep. It does make the point that the Wasps deal has rather scuppered the club now, although it's also fair to point out that the owners can fund the club with 'donations', at least in this league. On which note, is there a 'waiting patiently' smiley that I can use here?
  20. duffer

    ***Away Day Review: Coventry City v Rochdale @ City of Coventry Stadium***

    Is the issue at the casino that they don't let anyone in wearing replica shirts, home or away fans. Or am I just imagining that? Either way, I'm not sure that the Rochdale lads missed much, I hate the casino for drinking personally - no atmosphere, expensive fizzy beer only, and slow service...
Top