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If he puts in one that AEHC finds acceptable then he has the right to a great deal of information subject to NDA's etc. He has the right anyway as Liquidator of CCFC - but he is then bound by the NDA's

"However once the Higgs accepted the Wasps bid then the only people who could make an offer for the Higgs share was the company holding the option (because that gives you first refusal on buying the share) which would be Ltd." Have WASPS made a bid for the Higgs shares and had it accepted?

I have said before and will repeat - until we have actually seen what CCC have "sold" to WASPS you do not know what they have "bought". WASPS may have been tempted by added incentives above those available to SISU - this might be the reason they are refusing to give out details

"The original JV deal SISU should already have details of from the previous due diligence, if they haven't what the hell were they doing at that time? They could make an offer that matches or betters Wasps subject to disclosure of the revised JV details (if it has been revised at all). Do...

It has to go to / come from PA - it is an Option to CCFC Ltd

You haven't seen the deal yet WASPs supporters are expecting to be back in London within 5 years. It is a property deal with WASPs a sweetener

If this turns out to be a property development led deal what will peoples reaction be after all the criticism at SISU for the same thing?

CCC may have promised them an outcome which may not include CCFC as shareholders. There is no definte proof WASPs have completed their deal yet and no one will confirm they have or can

But would the "development deal " be for the benefit ACL or a WASPs outpost? Is it even to develop the Ricoh site or other land nearby

The Liquidator is not affected by NDA's ( I think ) I repeat we do not know the full deal to WASPS which may extend beyond the CCC /ACL shares

We do not know the WASPS deal it may not just be the ACL shares. There are serious stories they have also acquired some development rights in their package. I think it not unreasonable the Liquidator of CCFC makes enquiries as to what he will be acquiring and do not see why that should be with held

I am lost here If Otium say to Appleton we will offer say £2.77m for the Higgs share then 85%% or so of that goes back to Otium as the major creditor They then own 50% of ACL so effectively get 50% of the monies paid for the sale of the shares Appleton in this case has a duty to get the best...

Would never happen - WASPS would pull out their loan players before then Similar to Cov RFC and Broadstreet

It is not liquidated - once liquidated it has gone. In liquidation the liquidator is charged with selling the assets - he can sell to anyone who makes best offer for the benefit of creditors ( ahem )

She also said it will bring income in to the city - clearly she does not know where the premier rugby clubs are. They will trundle up the M5 , M1 , M6 etc see the game and return - no reason to actually go in to Coventry as such

The Council have invoked a pre-emption clause that gives them the right to buy Higgs shares CCFC effectively have been blocked as AL will not sell to CCFC

Blocked by CCC golden vote

You mean for you?

You have not said what sort of business ACL is if not an investment company

considerably more than you but I aint telling you why