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  1. M

    365 Revenue at Chesterfield

    1m in a distressed situation. Maybe we should have offered more, but then came the "freehold or nothing" quote and subsequent 125 years would be OK. So, there was a basic negotiation.
  2. M

    365 Revenue at Chesterfield

    And I said " of course not ".
  3. M

    365 Revenue at Chesterfield

    Sorry, but I am more interested in the benefit for CCFC who were sitting tennants and on whose initiative the whole thing started. Had SISU moved quickly on a friendly basis, all the PR bending and rule stretching would have been in CCFCs direction. We do know that there were not people queuing...
  4. M

    365 Revenue at Chesterfield

    The article is about Rugby teams. The only interesting bit being that Wasps rejected what we are looking for ( with a budget of 30 m ) in favour of the Ricoh.
  5. M

    365 Revenue at Chesterfield

    we had first option for the Higgs' share and the stadium was our idea. We should have put forward a business case and have obtained preference based on the iniative coming from us. It was always to be ours. Pay off the loan, buy the shares pay a premium for the lease extension. Doesn't need to...
  6. M

    365 Revenue at Chesterfield

    What is the open market? Not many out there. We should have gone in on friendly terms, worked out the alternative to see how far we could go before it would be better to build our own stadium. Offer to put forward our plans to the council, and make sure they get reported so that the public knows...
  7. M

    365 Revenue at Chesterfield

    It was a joke, knowing the value to us. The real value being irrelevant. We needed a stadium. The investors were, according to Tim, backing a stadium build for ca 30m. To buy a half share in ACL for 5,5m cash was in comparison a great chance. Whether Wasps got it for 2,5m, 10m or whatever. For...
  8. M

    365 Revenue at Chesterfield

    Of course not, but as the article says, the Rugby authorities see things differently. What I am saying though, is that the investors saw the Ricoh as a better investment- even when annoying their supporters - than a 15000 seater with hotel for 22m. Our target. Which is why I say we could have...
  9. M

    365 Revenue at Chesterfield

    No, they are well in minus. Not many, which is why Joy said she would never have allowed SISU to invest in CCFC. She claims she was unaware of CCFC being in her portfolio.
  10. M

    365 Revenue at Chesterfield

    I am saying it would have been economically better to offer more than anyone else, as it is worth more to us. If we had paid 29,5 m for everything, then we would have saved the investors 500000 as opposed to an inferior new build of 30 m ( amount as suggested by Tim ). We would have everything...
  11. M

    365 Revenue at Chesterfield

    Not bad. I thought Reeves was leaving....
  12. M

    365 Revenue at Chesterfield

    Interesting. 15000 seater with a hotel for 22m. Non runner for an ambitious sports club when compared with 32000 seater with casino, hotel, exhibition Hall, parking etc.. Our current aim is a 15000 seater with a hotel......
  13. M

    365 Revenue at Chesterfield

    How many millions have they made in this venture? I am referring to this investment. I wish this was as successful as some of their others.
  14. M

    365 Revenue at Chesterfield

    Indeed it is..... What happened to the other guy from the council ( was it Martin Reeves - can't remember the name )?
  15. M

    365 Revenue at Chesterfield

    No. The value is more. Whether the council has an interest that the club brings in revenue is a different subject. You could say that the council could accept a lesser offer from an existing club than a new one. Doesn't alter the value to us, but helps in negotiations. The value to us if only...
  16. M

    365 Revenue at Chesterfield

    Is the editor still there? What does Simon say about it?
  17. M

    365 Revenue at Chesterfield

    Did he injure his knee? It is a fact that the value to an established football club with most of its supporter base in and around Coventry is likely to be higher than to an outsider who must first invest to build up a supporter base. Not a question of right and wrong. The value to us is related...
  18. M

    365 Revenue at Chesterfield

    Not the point. Not interested in Wasps good luck. What have we lost because of haggling? A new build will not have the facilities of the Ricoh and not be in Coventry and cost a lot more. We don't have a stadium and there is nothing on the horizon other than now renting from ACL. The Butts won't...
  19. M

    365 Revenue at Chesterfield

    In this case, bridle path brown if they have got it.
  20. M

    365 Revenue at Chesterfield

    praise the council on her first meeting. Ask how we can work together etc.... Then maybe the PR attack won't happen. ML was not right to say he didn't hear an offer because he was wearing a different hat. Of course he did, but chose to be a twat. He was not right about Joy offering to pay Her...
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