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  1. chiefdave

    More false Coventry council claims exposed over Ricoh Wasps deal-Les Reid

    I'm really not sure what you're driving at here. The rent was too high, I think we all agree that. ACL were reliant on the rent, I don't think many dispute that. That's pretty much it. Due diligence is done after the acceptance of a bid. What I'm saying is that CCC's false stance had a...
  2. chiefdave

    More false Coventry council claims exposed over Ricoh Wasps deal-Les Reid

    There was an interview with Fisher at some point where he clearly stated all the money that had been put in had been converted to equity then when we went into admin we owned millions! Wish I could remember where it was, have a feeling it was CWR, would love to get his response to that.
  3. chiefdave

    More false Coventry council claims exposed over Ricoh Wasps deal-Les Reid

    It's relevant because CCC categorically stated that the rent was not needed for ACL to be profitable, that while we were at Sixfields ACL were making a profit. It also has an impact on the value of ACL, it's painting a false picture of the status of the company in order to artificially inflate...
  4. chiefdave

    More false Coventry council claims exposed over Ricoh Wasps deal-Les Reid

    It's not my argument! I said exactly the same thing to Nellist when he proposed it although he did come back with a fairly comprehensive response. The gist of it was that if the cuts were overturned the £15m would be replenished from central government.
  5. chiefdave

    More false Coventry council claims exposed over Ricoh Wasps deal-Les Reid

    There must be guidelines somewhere, although how straightforward they are is anyone's guess. Part of the problem is that CCC have allegedly stated, not particularly in regard to the Ricoh or CCFC, that they would never risk taxpayers money (as the taxpayer would have to make the repayments if...
  6. chiefdave

    More false Coventry council claims exposed over Ricoh Wasps deal-Les Reid

    I had an almighty row with Maton about this as this is not what was voted on. He assured me at the time that the money taken from council reserves had already been replenished, the answers CCC provided to Reid state this not to be the case. This does knock on to the local taxpayer, although...
  7. chiefdave

    More false Coventry council claims exposed over Ricoh Wasps deal-Les Reid

    What are you on about? The point being made is CCC and Higgs repeatedly stated that ACL was profitable without CCFC, including during the period we were at Sixfields. They weren't. Yes the rent strike was ruled illegal but that's not really the point is it, statements were made that were clearly...
  8. chiefdave

    More false Coventry council claims exposed over Ricoh Wasps deal-Les Reid

    How can CCFC distress ACL by withholding rent or moving out if ACL are no way reliant on that rent from CCFC? By saying ACL were in no way reliant on CCFC it artificially inflated any asking price. That's why, for example, a company listed on the stock exchange can not make false statements, it...
  9. chiefdave

    Oral appeal

    Have seen it mentioned that it go be taken to the European Court but I'm not sure if there's any point at which an appeal rejection stops further action. I suspect that there will be additional legal action around what has come out in the past few days. Would not be surprised to see a second JR...
  10. chiefdave

    More false Coventry council claims exposed over Ricoh Wasps deal-Les Reid

    There should never have been a confidentiality agreement. If ACL was being put up for sale offers should have been invited from all interested parties with everyone offered the same terms, i.e.: the 250 year lease. Hang on, Fishers stance from day one was that ACL was reliant on CCFC and that...
  11. chiefdave

    More false Coventry council claims exposed over Ricoh Wasps deal-Les Reid

    My personal opinion is that had SISU been offered a 250 year lease for under £6m, 200 plus years of which would have been unfettered or whatever term you wish to use, they would have bitten the councils hand off. Uniting the club with the stadium adds value to both. A package of ACL and CCFC...
  12. chiefdave

    More false Coventry council claims exposed over Ricoh Wasps deal-Les Reid

    Money for the loan to ACL has not come from CCC funds - "The council loan to ACL was capital expenditure by the council", CCC response to question from Reid ACL is making a profit without CCFC - accounts released last week show this is false CCFC only account for 10% of ACLs business -...
  13. chiefdave

    More false Coventry council claims exposed over Ricoh Wasps deal-Les Reid

    I can't see any way we're not getting a whole new batch of legal action. I wouldn't be surprised if the information coming out now is exactly what SISU were after when they were asking for access to CCC records.
  14. chiefdave

    More false Coventry council claims exposed over Ricoh Wasps deal-Les Reid

    Have to laugh at that considering the number of posts made on here in the past having a pop at more for being so defensive of the council! All I'm doing, as I have done all along, is looking at the currently available evidence and making a judgement based on that. Some people on here seem so...
  15. chiefdave

    More false Coventry council claims exposed over Ricoh Wasps deal-Les Reid

    Few off the top of my head: Money for the loan to ACL has not come from CCC funds ACL is making a profit without CCFC CCFC only account for 10% of ACLs business Lucas claiming SISU had shown no interest in a lease Lucas stating they were hoping to rebuild the relationship with SISU following...
  16. chiefdave

    More false Coventry council claims exposed over Ricoh Wasps deal-Les Reid

    If an interest had been shown in the lease, at any point, then it shows there has been an interest in the lease. It is then incorrect to say at no point has any interest been shown in the lease! Although again we are in a situation where single statements from SISU, who apparently never tell the...
  17. chiefdave

    More false Coventry council claims exposed over Ricoh Wasps deal-Les Reid

    Surely if it was that simple that message would have been relayed and Lucas would have said that. And of course that sill implies that ACL need CCFC or at least money from CCFC. What is being disputed is the claim that ACL was profitable without CCFC, it wasn't. Saying it was only if CCFC were...
  18. chiefdave

    More false Coventry council claims exposed over Ricoh Wasps deal-Les Reid

    Who was bluffing? Not Lucas as she's saying she's just relayed what she was told. Were the council officers bluffing, what did they have to bluff about. It could well be if they have then it is illegal, it certainly is if its a stock exchange listed company, you're simply not allowed to release...
  19. chiefdave

    Any health studies done on ......

    I've had to start taking pills for high blood pressure since all this started! There was a study years ago (think it might have been a BBC doc) into stress and it found attending a match to be one of the most stressful things you can do.
  20. chiefdave

    Chris Kirkland

    When Burge signed his new contract wasn't there a clause they he could leave in the January window if he hadn't played a certain number of games? Knowing our luck we're going to end up without any keepers.
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