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I'd make them a decent offer conditional on dropping the actions but let City stay even if they didn't as kicking City out may well have negative consequences for Wasps in the PR game. However in the event the actions continue I'd require a much increased rent including a contingency to cover...

This thread is about the Academy/Higgs.

This is the application. Coventry City Council: Planning Application Details There are links to application and plans here. training-ground

Always seemed clear to me, he wants a ground suitable for Cov Rugby, something like 8-6K capacity with some money making leisure facilities built in. Why would he want much more than that unless Cov's circumstances change drastically.

I think they spent some money on pitch improvements. Amusingly there are rumours of Wasps players becoming pissed off by having to change in portacabins at their Broadstreet facility. DrunkenWasps.com - Training Base

When did schools ever provide pens? Some (if not all) stationary yes, text books yes (do students even use text books any more?) but not pens. I'm sure any enterprising parent can acquire what's needed from their workplace :emoji_santa:

You need have no worries on that score, if SISU go they'll be able to sell to Hoffman's consortium and even if they don't like the price they'll take it.

Dawn Astle's interview with Shearer was very moving.

They screwed up on the interest they pay, the bond was over subscribed so I believe they could have got away with a 5% rate. If interest rates go up substantially in the next few years refinancing that bond is going to be 'challenging'.

Good enough for Conference football too, but sub standard for League football.

OMG, don't say Timmy told you otherwise & you believed him! LOL.

No one would buy it with that debt, but there will be plenty of vultures out there waiting for an administration where they can offer a small percentage of that, I wonder if that might just include SISU?

Surely Joy wants an exit strategy that entails her getting her clients money back at the very least, what's that in the region of £25M? Can't see how she can do it unless the arena is acquired or she swings a deal to build a new one with a significant amount of bolted on housing. Going round in...

With apologies to Samuel Taylor Coleridge

Scenario 1 - sure SISU will realise this asset (Ryton), its what they do. Scenario 2 - CCC plan to let Wasps build a new indoor facility fallen down because Wasps have no money. CCC are nothing if not inflexible. Scenario 3 - SISU will just rent on short term deals and leave any problems to new...

There is on VAT, corp tax policy is coming, didn't you know! Gavin McLoughin: France and Germany planning assault on Ireland's corporation tax - Independent.ie

Till they emerge from that room with a bottle of acid in hand ...

But they can raise the money, which is what I said, plus they can simply increase the council tax to finance it (within Gov't limits) or cut something less important.

So to summarise, no one in Coventry can raise money for sports facilities, except the council which is investing in swimming and water sports.