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  1. chiefdave

    Spoke to a property lawyer

    Most people when looking to purchase ACL would consider having companies in place paying money to them and under contract a benefit. They wouldn't be looking to kick them out. Should ACL be sold to any other party the leases and sub leases will remain in place. The new owner of ACL can then, if...
  2. chiefdave

    Spoke to a property lawyer

    But that wouldn't give SISU the lease with none of the contracts in place. What happens to the casino, hotel etc? SISU want them out and contracts cancelled, selling the freehold and leasehold to SISU doesn't resolve that problem.
  3. chiefdave

    Ricoh arena won't be sold without debt attached

    Exactly, if SISU want rid of ACL and the contracts they hold with third parties why not buy ACL and then pay off all those contracts themselves. The only reason I can think of they won't consider that is they want CCC to foot the bill for all the compensation that will be due.
  4. chiefdave

    This Situation..

    They could do this however SISU want to purchase the freehold with ACL no longer having a lease so that's not something SISU are interested in purchasing. That's not breaking the lease as SISU require.
  5. chiefdave

    This Situation..

    I don't know why SISU and some others find it so complicated or inconsistent. 50% of ACL is owned by Higgs, they are the only ones who can sell it, CCC have no power to sell their share, but CCC have veto power. Higgs have previously agreed to sell their share to SISU, at below the formula...
  6. chiefdave

    This Situation..

    Can you explain how the council, who only own 50% of ACL can cancel the lease ACL hold and also cancel all the contracts between ACL and third parties without paying millions in compensation?
  7. chiefdave

    Part from Paul Fletcher's Book

    A complete guess but I would say the land wasn't zoned for development prior to the Arena project and the re-zoning occurred as part of the project as a means to providing funding in just the way it did. A lot easier on the planning front for them as well when it's part of a bigger project.
  8. chiefdave

    Part from Paul Fletcher's Book

    My understanding is that CCFC ran out of money and CCC took over the project. Some of the funding for the project came from a European grant that was restricted to public sector so CCC could obtain the grant but couldn't then give 50% to CCFC as they were not a public sector organisation. This...
  9. chiefdave

    BTsport in touch about kcic @ Arsenal

    How did SISU know we wouldn't sell the 9000 given they have only been on sale to ST holders to date? Selling out last time we played there, also a night match and in a more minor competition, would give an indincation there is at least a chance the demand would have been there. Had they run the...
  10. chiefdave

    New stadium land deal to be announced next month

    That doesn't sound to me like the land will actually be purchased by then. Just that they will say where they are trying to by which goes against what they have been saying about not being able to name the sites due to intense competition from other people wanting to buy the land to build...
  11. chiefdave

    BTsport in touch about kcic @ Arsenal

    How do you gague the volume of sales without putting them on general sale. The sensible thing to do would to have had condensed the priority period and had them on general sale for a few days before the deadline for taking the extra tickets. Make it known about the deadline as well. If SISU then...
  12. chiefdave

    BTsport in touch about kcic @ Arsenal

    Best thing to do now is sell it out and make sure BT Sport are aware that SISU refused the extra tickets so they can mention it. A comment like "5K Cov fans here tonight but they've taken more than that to other away games despite only averaging 2K at home. Would be more here today but their...
  13. chiefdave

    New stadium land deal to be announced next month

    His last contribtion to the Guardian was 13 Nov 2012 and he's still got that on there so I don't think we can read too much into the CT still being listed!
  14. chiefdave

    Get City back to Coventry

    That only works if ACL are in some way involved. If SISU take over the lease (as I've understood the original post referred to) ACL would no longer exist and therefore not be able to pay the loan.
  15. chiefdave

    New stadium land deal to be announced next month

    Is he even at the CT anymore, nothing from him since 18th December on their website.
  16. chiefdave

    Mark Labo Interview

    No idea what time Labovich and Lucas were on so you might have to skip through to find them.
  17. chiefdave

    Mark Labo Interview

    http://www.bbc.co.uk/programmes/p001d7st/broadcasts/2014/01
  18. chiefdave

    New stadium land deal to be announced next month

    At this stage they will need to tell us a lot more than that. There needs to be some valid explanation as to why, when both Fisher and Labovich clearly stated they were in talks with 2 councils, every surrounding council and some further away have stated they are not in talks with them. If he's...
  19. chiefdave

    New stadium land deal to be announced next month

    I heard it was being announced April 1st. Wonder where it will be as we know a lot of places it won't be!
  20. chiefdave

    Get City back to Coventry

    That's just one example, what happens with car parking say if there's an event in the Jag the same time as the Ricoh. What happens if ACL require the use of the lobby areas blocking off access to the corporate area. Of course it's all possible but it requires 2 sides that can work together in a...
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