Search results

The loan was £14.4m in Jan 13, it seems all mentions of the loan are still the £14.4m, I'd have thought repayments would have been made over the last 20 months to reduce the capital owed, but anyway I'd have thought the lease is worth at least £14.4m, and I imagine experts with access to more...

All good info, but as far as old fiver and CCC are concerned they only need the lease to be worth as much as the loan balance.

No, he's suggesting the security needs to be £20m.

Most people accept that the invitation to make an offer was less than sincere, and SISU knew the bid would always fail, there's no news here.

Why £20m?

When people post wasps that also incorporates ACL, when we say SISU we mean Otium Entertainment Group, when we say own the stadium it means owning the lease to operate, not the actual stadium. It gets confusing enough, please don't add to the confusion.

I think he's a decent right back, good enough to be playing in our team. The problem for him is that he's had to play in other positions, and when playing out of position has made costly errors at times. Hopefully the issue between him and Pressley can be sorted out, I doubt it will be though.

What do you mean 'passed over'? What are peoples concerns over who the loan is owed to? If it's still with the Council, the Council will continue to make a profit on the interest, and will have security over the amount owed. If the balance has been paid to the Council, and is now owed to...

They beat Aston 7:2, Suffo got one.

Sisu’s Joy Seppala says Coventry City Football Club will not “interfere” with any talks over a sale of the Ricoh Arena to rugby club London Wasps. Speaking for the first time about the controversial Wasps proposal, she told the Get Cov Back To The Ricoh fans’ group: “We will not interfere with...

Indeed, the actual wording on the ccfc website says 'around £2.8m'.

The rent is currently reported to be £100k a year, how much extra revenue do you think we are missing out on? Do you think this extra revenue will be enough to fund a new ground? I don't think a new ground is viable in any way at all, I think SISU agree otherwise they would have started to...

Other than inventing the word communiversity I don't see any evidence of them trying. They were successful in distressing ACL, they played it well, but in the end they got too greedy, wanted ACL for nothing, and wasps snuck in and got the prize. They would rather spend millions on lawyers and...

They didn't really try though, even though they must have known the bid would be unsuccessful they didn't put any pressure on Higgs, as they only appear to have matched the £2.77m, without even discussing the extras wasps were offering.

Surely the Council had an option to keep hold of their shares, and wasps can carry on their purchase of the Higgs shares. ACL are supposedly doing well, why did the Council have to sell now?

I think they will give up eventually as they can't keep funding the losses, if money were limitless for them then we'd still be in Northampton. Where does the 20k attendance figure come from?

We are still playing there, we're there on a rental the same as before Wasps took over ACL, surely the letter needs to go to SISU, they are the ones that want to move out.

In the frosty 5:0 win one of their players went off as he was colour blind and couldn't see the orange ball against the remaining green parts of the pitch.

Went to Old Trafford for many years in the hope of seeing a win there, never did see one, then when we won with Mifsud's goals I didn't go as I never thought we had the remotest chance, sounded amazing on the radio, very jealous of those who went.

Not entirely true, my mate was getting married and we went up to the club to see if we could get a copy of the sky blue song that was played as the players came out (the one that went into a ridiculous drum solo if the players were delayed), as we were waiting Richardson came out and gave him a...