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So how much have Higgs received out of that 50% stake? Zero. ACL was, and still is, in debt. It was also struggling to break even. No dividends were ever paid out and there was little prospect of that changing.

Terrorvision @ Warwick Uni Jean Michel Jarre @ Barclaycard Arena The Enemy @ The Empire Frankie Ballard @ O2 Academy in Brum Nickelback @ Barclaycard Arena Steel Panther / Bowling For Soup / Buckcherry @ Barclaycard Arena Lacuna Coil @ The Institute Terrorvision @ Wurfren Hall Placebo @...

Lets work it through. CCFC buy Higgs 50%. So ACL is now owned 50% by CCC and 50% by CCFC. CCFC have a long term lease in place at £1.3m p.a. CCFC approach ACL and say we want to renegotiate to a lower rent and more revenue access. CCC are against this, how does CCFC owning 50% give them any...

There can't be many coming from that far away. There won't be that many pre-move Wasps fans in the area so we're looking at the 'just want to watch rugby' crowd. Past Hinckley / Nuneaton you're closer to Leicester Tigers, past Solihull you're closer to Worcester and past Rugby / Leamington...

You would think, if anything, it would increase opposition as we have recent experience of our club being taken away.

But it generates far more than £600K in player sales. Not to mention a good chunk of our squad are academy graduates. Lose our status and it will be harder to recruit players.

And Everton after Koeman. Its a massive symptom of what is wrong with the game when you can win the PL and still struggle to hold onto your players. Its not like Real Madrid coming in. Same thing happened to Southampton a couple a years ago, a good season and their squad got ripped apart.

And if our players go elsewhere, like Sambou has, we get less compensation for being a lower grade academy. So it will cost more to run and we'll get less money back.

excellent news. at this rate we might even hit one of the discounts!

I had to do a short course on the basics of contract law a few years ago. The first thing we were told is just because something is in a contract does not make it true or enforceable. Its the same principle here. He's given a soundbite, probably fed to him by a PR company, which those...

No the point he is making is that owning 50% of ACL was of little use to CCFC or to Wasps as they wouldn't have any authority to make any changes as neither side would own more than the other and therefore neither side would have a casting vote. So if, for example, we had purchased Higgs share...

Tend to agree with this. When he came in he said he would look at all options. From what we know it looks like he's done that, decided what the club needs and set about trying to get it. You can't really blame him if ACL won't talk to him about a long term deal at the Ricoh and CSF suddenly pull...

Filling the Ricoh is going to be a hell of a job, especially with how early in the summer the first game tends to be these days (and could be a midweek game). Given that Wasps refused to allow a JH memorial game at the Ricoh as part of preseason how about a Cov Legends v Fulham Legends charity...

I'd ask the head of the Council what they are doing to ensure there will still be a football club and academy in existence when SISU eventually leave.

Its a CT mistake isn't it?

Can't really see any comments on this thread that should upset Simon Gilbert or Keith Perry. Would be nice if they could lend their support to securing the future of the football club.

And its lost its context.

Because other potential owners wanted ownership of the stadium, CCC weren't prepared to sell. Therefore we were left with one option, the only group who didn't want stadium ownership.

Its just a rehash of the SCG minutes isn't it?

The way things are looking our options are basically move to the Butts, move the other side of the city boundary or lose pretty much everything. At this point if we saw some concrete plans for an all in one stadium & academy facility not too far over the city boundary I'd be all for it...