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  1. O

    The Next Statement

    I suspect the Council will try everything to block the Butts now, on the same basis as Wasps walking out of the Ricoh negotiations.
  2. O

    The Next Statement

    Actually i would like to see City go to a groundshare somewhere simply to see how long it takes Wasps to fold or fuck off! SISU still wouldn't buy the Ricoh for £27mil though!
  3. O

    The Council

    I agree with Chief, from what i understand of it having done a bit of reading around. The JRs claimed that the actions of CCC had been unfair to CCFC/Otium/SBS&L/SISU. The EC will look at whether CCC sold their share of ACL at a lower price to Wasps than was available to SISU, or than general...
  4. O

    Wasps pull out...

    "subsidies granted to individuals or general measures open to all enterprises are not covered by this prohibition"
  5. O

    Wasps pull out...

    I read it as being all four, rather than any combination of the four. "To be State aid, a measure needs to have these features" ... but they don't prefix the last one with "and" or "or", so it IS ambiguous!
  6. O

    Wasps pull out...

    What are the chances that SISU would (should??) "complain" to the Charities Commission about the Higgs Trust selling their half of ACL on the cheap to Wasps when there was potential for a competitive bidding process??
  7. O

    Wasps pull out...

    OSB58 - another great commentary, thanks. With regard to the section on Risk, i think there is significant direct risk to Wasps because they COULD be ordered to pay back what is regarded as the state aid component of the transaction. I think the complaint is made about the transaction rather...
  8. O

    Wasps pull out...

    I was thinking overnight that the snippets of emails and historic data being put out by SISU were around the time the complaint would have been made to the EC. I'm sure it was coincidence!!
  9. O

    Wasps pull out...

    Absolutely, although i suggest the case might be taken a bit more seriously if you are the party (e.g. SISU) that has lost out because of the preferential treatment given to another party (e.g. Wasps) in being handed state aid (e.g by the Cuntsil)
  10. O

    Wasps pull out...

    Well certainly not SISU's, aside from the fact of drawing EC's attention to it.
  11. O

    Wasps pull out...

    I'm still unsure who to believe in all this, especially with the timing of leaks, etc, but it strikes me that the EC investigation has the potential to put Wasps at greater direct risk of financial loss than SISU's attempts at getting a JR against the Council. As i have said before, i have been...
  12. O

    The 'not so obvious' hot babes thread!

    Sian Gibson, ex of Peter Kay's brilliantly moving Car Share, and now on the new series of Taskmaster on Dave
  13. O

    Wasps pull out...

    I have to say that i have been fairly pro-SISU all the way through this. But i am really disappointed that they have felt the need to make the complaint to the EC then seemingly enter into negotiations in good faith, knowing that Wasps would probably not be very happy about it. It would not...
  14. O

    Wasps pull out...

    I don't believe there is. Only if someone else provides incontrovertible evidence questioning the veracity of the complaint.
  15. O

    The Ricoh..

    Not sure there is any evidence of that. Council have nothing to do with it!
  16. O

    The Ricoh..

    From the EC website ... What is State aid? State aid is defined as an advantage in any form whatsoever conferred on a selective basis to undertakings by national public authorities. Therefore, subsidies granted to individuals or general measures open to all enterprises are not covered by this...
  17. O

    The Ricoh..

    Cheers
  18. O

    The Ricoh..

    According to Giblet's academic expert on the radio this morning, the EC rarely get involved in state aid cases like this that are in the past, and that things are normally brought to them in advance of the aid being given. I'd say they are even less likely to get involved with something 15...
  19. O

    The Ricoh..

    Well they'll start looking into it in the meantime (preliminary evidence gathering, etc), but might not make a decision for quite a while - i only looked at one case, which may have been horrendously complex or something. This might turn out to be open and shut, fuck off and grow up! Cue ECJ...
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