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One Les Reid........there's only one Lesssss Reid..... One Les Reid....... there's only one Lessss Reeeeed..... Oops, let it slip..

That is your perception. Anyone not slavishly following your line is pro council. Sorry that's the way it is.

What about the ones who always divert when it suits? Les Reid started the latest Butts saga. It seems that he was vindicated about the CET. Fair play. We were discussing the Butts revelation though, which appears to be wrong. So why mention his dispute with CET on a Butts revelation thread...

this is it. We will always be indebted to someone. Propco, Bondholders, Wasps etc.. The calculations should have been made before we did "hard ball" or bust. Hope Anderson is here to work out the best option to get out of this predicament ( or rather indebted at the least possible disadvantage ).

The value to us is what mattered. How high could we have bid/ negotiated. Wasps were not on the radar when we should have sewn it up. P.S. I am not interested in Wasps. That's somerhing for Torch or Grendel. Your fellow Wasps addicts.

Maybe I should build a pub behind some bales of hay ( like the guy with the nice house ) in a nearby field and call it the "Castle". Do a bomb..... oops.

Wasps are mentioned because you are addicted to them. At the time the shares and the loan were to be negotiated, Wasps were in Wycombe trying to get planning permission for a stadium. No-one could have known what Wasps were willing to pay for a stadium that they did not know was available. They...

In this case I am referring to the bond deal. Nick thinks TF didn't have 35m. I am saying, nor did Wasps, but they pulled off the bond deal by upvaluing the Ricoh and using the image of Wasps. We could have done that through SISU Capital - theoretically - and without unencumbered freehold. it...

Oh, and is not 35m a bit more than Wasps raised in 6,5% bonds against the stadium and prestige of a Rugby club? Could not SISU Capital have done the same? Revaluing the Ricoh in their sole posession to 45m ( as opposed to a charity and a council ) and offering the prestige ( higher naming rights...

TF was refering to investors. The same investors who won't deal with CCC, but are looking for a site in Cov. Whether or not they had investors, the deal was to be - theoretically and with hindsight - to be had for at most that price. If they don't have that sort of money, then we are renting...

See above post. You are missing the point. You seem to obsessed with Wasps. My point is: if TF says - which he did - that he has investors for a 35m new, but smaller stadium at a yet to be disclosed site near Coventry. SISU could have offered up to this price - at least - to buy both shares and...

No, I think that is 'economic rent'. In this case the difference between building your own stadium or buying an existing one. If it costs 35m ( TF quote ) to build a smaller stadium, then it would be a better decision to use up to 35m to buy a larger existing stadium with 365 day revenue etc...

No. It is wrong. Another article on here was quickly removed....... Perhaps I am getting confused ;-) No. just that the site to build a new stadium has been revealed. The Sky Blues being the people looking for the said site to build a stadium. Implies that they ( a football club ), would be...

Now enter "supply and demand".

if there is an afterlife...... You have eternity, so you may yet hear from some later deceased person that a stadium has been built...

I always bring the missus and my kid. That means 3 flights, hotels, meals etc.. I visit family as well, but I cannot do that every other week.

Exactly. Grendel bases his price policy on demand and supply ( it was called "supply and demand" when I was at school, but then I am as much a property developer as Grendel is an economist ). Without being a property developer though, I can see that a stadium of more than 10000 at the Butts will...

This being the same super fan, who would accept a 15000 all seater stadium. When it was pointed out that we will get over 15000 in League 1 if we are in for promotion this season, he said SISU should increase the price to make up for the fans that cannot get into the stadium. Great. Football for...

I live in Germany ( as Grendel knows ) and I often work Saturdays ( as Grendel knows). But, I get over to Cov now and again and watch city if they are at home. I show the TV games in my Pub ( Sheffield is too early for the pub, but I will watch it ). I have never had a city fan watching though...

Better than wriggling around like some people......