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From the sounds of this a 90% stake in ACL could be purchased for significantly less than building a new stadium.

If you been speaking with the club / SISU I'm really hoping your statement will be informing us that they will also be submitting a bid. Hopefully a few hundred of them will turn up and protest on Tuesday, if a decent number of our fans show up with a few hundred from Wasps and a few hundred...

Wasn't it suggested at one point that the option to buy the Higgs share didn't technically disappear until the old co is liquidated which I don't think has happened yet has it? Suspect it is something that would end up in another court case which I'm sure CCC are keen to avoid.

On the bright side this gives SISU all the information they need to get their own offer on the table tomorrow!

Wasn't there a bust up between the trust and non trust members on the SCG. Seem to recall something like that in the minutes of one of the meetings.

There may have been a restricted use covenant, that's not uncommon for football grounds. Something along the lines of the land can only be used for football. That would have needed to be removed prior to any sale as the land would be practically worthless with it in place however I would think...

They have always said they will consider any serious offer, never have I heard it said that excludes CCFC or for that matter SISU. They don't need to put a valuation on it for SISU to bid. The simple fact is despite all their bluster SISU have never tabled an offer to buy either the freehold or...

What would happen if any sale involved paying off the loan? The court case could still proceed but as most people seem to think the most severe punishment would be loan repayment wouldn't it then be pretty pointless.

So your main objective is to get SISU to leave. But you then say but and To sum up you want SISU to go, say if SISU owned the ground and the club they would sell both but they should pay as high a price as possible and under no circumstances should they be sold the ground. That all seems...

And there is the key problem, SISU are still claiming we will be in a new stadium in 2-4 years and the current contract at the Ricoh reflects that. What happens when we get to the end of the 4 years and there is no new ground? The club may have had a bad deal historically with ACL but who knows...

Not an obsession but I would say that, if we assume the Ricoh is performing to a decent level even without considering us playing here, that a) you would attract more buyers for a club and stadium package and b) I would hope / expect we would get a better deal buying from the council than buying...

Even if you make a leap and assume that's all correct doesn't it create a long term problem in that it will be difficult for any new owner of the club to purchase the stadium.

I suspect if TLO gives Coventry another mention on his show it might not be very complimentary after this thread!

Isn't this what the council have always said they would do? Consider any genuine offers for the stadium, sure they've stated that on more than one occasion. A vote doesn't mean it is going to happen, I would have thought that was a standard process to follow. An offer is made and a vote on that...

Surely it should be one of two things? Either the new stadium is happening and Garlicks group keeps doing what they are doing, or it's not happening and should be disbanded. If they want to be on the SCG shouldn't there be some process for new members or can we all just turn up and be part of...

Reading this thread is giving me a headache. Think I might start my own I don't give a toss about all the other groups group.

The only option would be a second tier but you'd hit problems when you got the side of the group corporates are on as you have the exhibition hall right behind so can't build backwards. Unless that would support having something built on top of it you're stuffed, you'd probably have issues with...

And they were loaned that money by the local council using my council tax! They also wrote off well over £100m in debt. Spot on, it's only debts prior to current ownership and the rumour down here is that those owed money have accepted a smaller pay-out (having already been negotiated down at...

That pretty much sums it up and yes it is that bad.

The worry for me is that for a while numerous posters have questioned two things. 1) the cover we have available if any of the first choice team aren't available and 2) the lack of a plan b Both those things seem to have caught us out today. Now the squad strength might not be the fault of SP...