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Then he has no idea who he's dealing with. Sisu will move us over selling for nothing. Then he'd be left with a stadium with no tenants instead of 2. He will have done his due diligence on the position of the football club owners. It won't happen. This is just Toon speculation based on knowing...

They've been growing us for years only to pull the plug this year? They've always covered our shortfalls with loans but now we had to sell Hyam to pay for a pitch? They're one foot out the door if there is a credible bid I'm certain of it. This is top of the cycle and they know it.

A well known previous owner of a football club who likes owning football clubs is buying a football stadium where the owners of a football club are ready to sell the football club but he doesn't want the football club? Football club.

This is just untrue. They are fabulously wealthy and Joy herself was reported to be the richest owner in the Championship. They simply don't want to put the money in, that isn't their model.

Two days in a row someone has put an annoying song right into my head.

I guess not then. I'm sure we had a fairly big difference of opinion on something though. Maybe a phoenix??

Hang on, so another possibility here is Richardson, as director of ACL, will sell the stadium before admin then let the company go into admin with no assets? 1. What does he gain out of that? 2. How on earth is that legal?

I'm sorry but weren't you all in to the idea of RB Coventry at some stage? That's worse in my opinion. Apologies if I have you confused.

Alan Sugar started out selling from a van and now has a vast fortune and people trick him into believing any old shit on twitter every day.

I don't think the council get properly involved unless it's liquidation. They will have to approve transfer of the lease but I doubt they'll object to any of the mentioned bids.

Doubt they'd be competing if that was the case though.

Maybe they leverage the buyout on ACL and then become a creditor with more ability to control the bidding. I don't know I'm just trying to work it out.

No you're misreading what I'm trying to get across. Wasps have nothing to do with this. If they wanted to play at the arena they'd have to offer a rental deal to the new owner and they'd be mad to given that nobody gives a shit about them here.

Always wondered why it's sealed bids and not playing them against one another to get the best price.

The bond is on the stadium though, anybody could buy ACL for a price Richardson deems acceptable, refinance the bond and take ownership without Wasps having the slightest to do with it. The question that arises with me is not just the bond but the other £40m or whatever it is attached to it...

Maybe control of administrator or something, that's a question for someone else but it's the way I'm reading it. Someone with the money of Ashley or the people that run the NEC aren't stupid with their £s so will be looking at how to make it work best for them.

He can, ACL isn't in admin, whoever buys it will be responsible for dealing with debt.

It is a proper pain in the ass. The idea of attaching all that extra stuff was to generate additional revenue for the club and we've ended up in a situation where the club is continually shafted in favour of the additions. If we had a bowl like Leicester, Saints etc. we wouldn't have had half...

There will be three way negotiations Buyer - Richardson - Administrator The buyer will be offering a figure to take ACL off Richardson and he will take the money and run, this is why he reappointed himself director recently. They will also be offering the administrator a pre-pack to pay % in...

Yeah I agree, he's upped his bid for the club by a million to get them to drop out of the arena race or something.