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Yes, of course they do. However, ACL are a company in their own right. There to make a profit. ANy other business would have gone to the wall, but CCC keep chucking money at it.

Ah, the old resorting to abuse stuff. Nice one. I doubt you do. You wouldn't want them to go out of business if you did.

Exactly. And what of the Cvventry's "flagship" Arena then? Ricoh certainly won't renew their sponsorship deal in 201 that's for sure.

You keep banging on about this, but you're not bothered that the Council subsidise ACL.

OK, use the phrase "joint venture company". IS that more to your taste. It seems I'm not just a SISU rent-boy but a rent-boy of the previous regime too. It exists to make a profit which is why CCC bailed out ACL and in the first few months of the project gave them a long rent-free period...

Just did a little bit of correction for you there.

Although it did the exact opposite for ACL in those early months: "The Cabinet wants to give Arena Coventry Ltd (ACL) a five-and-a- half month rent-free period worth pounds 400,000 and offer it an "overdraft" of up to pounds 1 million." SO you don't want the club subsidised, but you do want a...

Jesus, look at you. You now have proof that the rent has been OTT since we moved into the bloody place, but still you side with ACL and against the Club you 'support'.

Similar to ACL's Reeves who said the rent on offer was £150K. That kind of mischief?

The CET always seems to be "bullshit" when it's something you don't agree with. And yes, ACL are overcharging us on the rent. The story above says in black and white that the previous regime were trying to renegotiate the rent. Something you and others have always just laid at the door of...

You suggested SISU had not spent that amount. I just offering suggestions on how they probably have.

Agree Hamil. The story really destroys any arguments from the pro-ACL crowd that it was only SISU who found the rent an issue. It seems after being in the Ricoh for less that FOUR MONTHS the club were trying to renegotiate. Again, it would be interesting to hear what PWKH will NOT say about it.

Crystal. ACL have received £800K.

That's odd. As you seemed so sure that the opposite was the case at the beginning of the thread.

LOL! Yes, that did make me laugh.

InfoTrac .

Probably. That's the best I'm going to get I suppose. :whistle:

And no one can blame SISU for this one. This was only four months into the inaugural season. It seems the club realised it was being bled dry by good ole ACL even in those early days. Interesting to see what people think of this.

A BACKBENCH Labour city councillor is demanding to find out more about the financing of Coventry's Ricoh Arena. Brian Patton has filed a series of questions he wants answered at the next full city council meeting tomorrow. They will be put just before the full council is asked to endorse a...

December 2005 - We'd been at the Ricoh for four months: HARD-UP Coventry City are trying to renegotiate the deal to rent the Ricoh Arena to help them through their current cash crisis. Acting chairman Geoffrey Robinson has admitted he is in talks with the Arena company and Coventry...