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  1. duffer

    Sisu launch new High Court bid to challenge £14.4m bail out of Ricoh Stadium owners

    Just to be clear, it's not ACL defending this action, it will be Cov CC. They've got their own legal department, I believe, and very deep pockets. I don't think they'll be distressed into giving up on defending this JR, given what's in play. If SISU lose, again, they'll likely have to pay the...
  2. duffer

    Truth, Lies and Videotape. Les Reid and the Ricoh row

    Yep, although I don't necessarily agree with it I don't think we want to go down the road of calling any protest, be it against Cov CC or ACL or SISU, pathetic. People are entitled to stick up for their opinions.
  3. duffer

    New Broom reporting on the City at CT

    Yep, good point, although it assumes that the £60m they claim to have already lost on CCFC is really the truth. I'm not entirely convinced it is, but it certainly begs the question.
  4. duffer

    New Broom reporting on the City at CT

    That article's a bit more like it, imho. My only question is, do SISU really have £30-£40m to plough into the club to buy a ground and fund the losses at Northampton, or are they bluffing? Personal opinion, they've got nothing like this sort of money available to them, and if they can't get...
  5. duffer

    Throw down the gauntlet - make an offer

    Spot on. It's why I don't quite understand the point of lobbying the council at the moment. I can't see how SISU won't move away from their position of non-negotiation if the JR goes against them, and they find themselves having to find £25m for a smaller, poorer stadium. It seems that the...
  6. duffer

    Shame on you Coventry Telegraph

    Absolutely - it's a worst-case valuation, and I think done at a time when ACL were under the most pressure. To suggest it as the current value of ACL, or indeed as the Ricoh in total iincluding freehold is simply wrong, imho.
  7. duffer

    Shame on you Coventry Telegraph

    I've got a lot of time for Les Reid, but I think he's wrong here and I worry that his opinion is beginning to bias his coverage. To me, the documents that BA provided proved that SISU did not tell the FL the truth. They also suggest that Appleton didn't do a very good job of finding out all of...
  8. duffer

    Mark Robins at the game last night

    Surely if Mark Robins had sky blue blood he'd have been stood on the hill? (I'm just saying this to wind up torchy btw, wait for the bite). ;)
  9. duffer

    PKWH on CWR Shane O'Connor 23/10/2013

    Then don't fall off your chair, but I'd tend to agree with you. I can understand why people don't want to sell to SISU, but to be honest I'm not looking at this from the football club's point as much as the taxpayer. If the taxpayer can get out without a loss, I don't think it matters who they...
  10. duffer

    PKWH on CWR Shane O'Connor 23/10/2013

    So you are saying that the taxpayer shouldn't lose out so that SISU can benefit then? I'm thinking that figure would be at least £24m: £14m for the mortgage, and £10m for the grant (and possibly a bit more for all of the related works around the site). But of course the freehold doesn't give...
  11. duffer

    PKWH on CWR Shane O'Connor 23/10/2013

    And I gave you my answer. Where's yours?
  12. duffer

    PKWH on CWR Shane O'Connor 23/10/2013

    A rental deal's not going to happen at the moment, according to SISU. But do you think they might change tack when they realise the game's up in terms of getting the Ricoh on the cheap, and they're still getting pounded by losses at Northampton (and a new stadium will mean they have to find...
  13. duffer

    PKWH on CWR Shane O'Connor 23/10/2013

    It was designed to help the club and protect ACL (a 50% owned) council asset and involved public funds. In that sense, a bailout. However it protected an asset, and should generate some profit in terms of the repayment at commercial rates, so also an investment. You'd agree it's wrong for the...
  14. duffer

    PKWH on CWR Shane O'Connor 23/10/2013

    1) To give them a better deal, making sure that they stay healthy. And so that they could offer the club a better deal. 2) Because the actions of their tenant were clearly making the bank uncomfortable. Nervous banks tend to reprice debt, making it more expensive - and limit overdrafts...
  15. duffer

    Ann Lucas Statement

    Well it's probably best to get that issue resolved before there are too many more statements from the Council then, eh? And talking abour detriment, it's absolutely proven in a court of law that ACL have suffered a 'detriment' at the hands of SISU, this as a result of their failure to pay the...
  16. duffer

    last nights attendance

    I think they're likely to overcount for PR reasons, as above when it comes to declaring income I suspect they'll tell a different story to the taxman. Not in itself illegal, I'd guess, all part of SISU's game.
  17. duffer

    A Reasonable Proposal?

    I know I keep banging on about this, but what if the highest value for the Ricoh isn't with it as a football ground? The only way to get a true value for the site and the business is to offer it to the market, surely. Otherwise both sides will simply play a game, one massively undervaluing it...
  18. duffer

    In it for the long term?

    What a great question NW. Looking at it I think you're right that they wanted to keep the academy, though obviously they wanted to do it as cheaply as possible and it was the FA that forced them back to the Higgs Centre. If it was just about draining the blood out of CCFC before casting it...
  19. duffer

    Les's Results

    Yep, have to agree. Almost by definition a leading question. It would be nice if both sides talked, but at the moment there doesn't seem that there's much to talk about. SISU have moved from the rent not being a problem, to the rent's too much, to needing both a low rent and a share of...
  20. duffer

    The Twist and Shout Fanzine?

    That's just brought back a ton of memories... Chatting with Paul, who used to sell T & S by the West End turnstiles, before the game. Drinking in Strikers after the game, and the bloke coming round with 'The Pink', which I always bought, but was probably too drunk to read by then. ;) Didn't...
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