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  1. O

    Update from Big Dave

    Without reading it all it appears Real Madrid had to repay ( or pay ) the amount the amount of illegal state aid That being so I assume WASPS would have to pay CCC whatever was consider the level of underpayment If that is the case they expect CCFC to pay this in their stead?
  2. O

    Update from Big Dave

    or whether you’d fuck Ann Lucas is all noise. The only noise you would hear from me is screaming as I ran down the Council corridors
  3. O

    Update from Big Dave

    I think if the Purchaser can show evidence he acted in good faith and paid what was considered the correct price he would have a defence The claim would then fall on the Councillors ?
  4. O

    Update from Big Dave

    and is not a legal action ?
  5. O

    Update from Big Dave

    No bias intended here but : Why don't WASPS tell us what they are so concerned about with the complaint against the Council Will they explain what indemnities they have given the Council that may impact on them? Perhaps CCFC / CCC could actually explain what the "complaint" is - is it public...
  6. O

    Ricoh Lease...

    Rather like Reeves and Co telling Steve Waggott that WASPS were not involved in any deal with the Ricoh before CCFC returned? Same person also saying WASPS would not be in Coventry and CRFC would also be the sole premier rugby club in the City ( the latter of course being true in status if not...
  7. O

    Ricoh Lease...

    How was the Coventry City £1.3m Ricoh Arena rent bill decided So it was based on the estimated rate of return ( interest ) CCC could expect from the Stadium The big error was it assumed more income other than CCFC - which never happened There was also an assumption CCFC would be in the Premier...
  8. O

    Ricoh Lease...

    On your reasoning WASPS have not paid anything either They raised £35m of other people's money on the back of an beneficial deal with CCC The first 3 interest payments were specifically earmarked as coming out of the £35m - so the Bond Holders paid them selves £10m was to pay back a loan from...
  9. O

    Wasps downward spiral...

    The English Championship teams are still in a muddle following COVID and the RFU actions. Cov and other Clubs are discussing a way forward as some teams are saying the current set up is not viable. I doubt August is likely and it will take a strong wind to make September
  10. O

    COVENTRY RFC 20 -21

    Interesting article for CRFC fans Saracens in the Championship: Can anyone really compete? — Flanker
  11. O

    Ricoh Lease...

    Also did they do the best for Higgs Trust?
  12. O

    Wasps downward spiral...

    Absolutely no decision or guidance coming forward for the Championship restart. CRFC looking at December as the earliest and hoping for sooner
  13. O

    Wigan gone in to admin

    Wigan Warriors-led bid for Wigan Athletic revealed WIGAN WARRIORS-LED BID FOR WIGAN ATHLETIC REVEALED 7 Jul 2020 North West Business, Deals A consortium including the owner of rugby league giant Wigan Warriors is lining up a rescue deal for Wigan Athletic. Paul Stanley, Gerald Krasner and...
  14. O

    Julien Dacosta - CONFIRMED

    Not the Max factor then ??:angelic:
  15. O

    Ricoh Lease...

    What I was trying to say was : WASPS want CCFC to indemnfify them against any fall out from the CCFC complaint to the EU What we do not know and WASPS will not tell is - why should a complaint against CCC affect them It would appear there is some agreement ( aka underpinning ) between WASPS &...
  16. O

    Ricoh Lease...

    You need to change your search engine as the "indemnity" appears in many places. Even the Skybluestrust refer to it "These obstacles include, but are not limited to any unreasonable demands and requirements from Wasps (including the indemnity clause, whatever that may entail) and the continuing...
  17. O

    Ricoh Lease...

    There is no direct complaint against WASPS and they will not be involved unless they have contrived with CCC to do something wrong Clearly there must be something to investigate otherwise why have WASPS indemnifed CCC One should also ask why CCC are entering in to agreements that require...
  18. O

    Could this be good news for us to return to the Ricoh?

    I think it was Mowbray he approached after a game with a load of statistics that came to a conclusion CCFC should have won based on corners, shots etc The response he got was "we lost because they ******** scored more goals than us "
  19. O

    Could this be good news for us to return to the Ricoh?

    My limited knowledge is the Receiver can retain the lease so long as it does not prejudice the Freeholder - that will enable them to sell it. However, the purchaser will have to be accepted by the Freeholder as a suitable substitute
  20. O

    Could this be good news for us to return to the Ricoh?

    Risks relating the head lease of the Arena granted to ACL2006 Under the terms of the head lease granted by Coventry City Council (“CCC”) to Arena Coventry (2006) Limited (“ACL2006”) in respect of the Arena (the “Head Lease”), CCC have reserved the right to forfeit the Head Lease if ACL2006...
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