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  1. chiefdave

    More false Coventry council claims exposed over Ricoh Wasps deal-Les Reid

    There should never have been a confidentiality agreement. If ACL was being put up for sale offers should have been invited from all interested parties with everyone offered the same terms, i.e.: the 250 year lease. Hang on, Fishers stance from day one was that ACL was reliant on CCFC and that...
  2. chiefdave

    More false Coventry council claims exposed over Ricoh Wasps deal-Les Reid

    My personal opinion is that had SISU been offered a 250 year lease for under £6m, 200 plus years of which would have been unfettered or whatever term you wish to use, they would have bitten the councils hand off. Uniting the club with the stadium adds value to both. A package of ACL and CCFC...
  3. chiefdave

    More false Coventry council claims exposed over Ricoh Wasps deal-Les Reid

    Money for the loan to ACL has not come from CCC funds - "The council loan to ACL was capital expenditure by the council", CCC response to question from Reid ACL is making a profit without CCFC - accounts released last week show this is false CCFC only account for 10% of ACLs business -...
  4. chiefdave

    More false Coventry council claims exposed over Ricoh Wasps deal-Les Reid

    I can't see any way we're not getting a whole new batch of legal action. I wouldn't be surprised if the information coming out now is exactly what SISU were after when they were asking for access to CCC records.
  5. chiefdave

    More false Coventry council claims exposed over Ricoh Wasps deal-Les Reid

    Have to laugh at that considering the number of posts made on here in the past having a pop at more for being so defensive of the council! All I'm doing, as I have done all along, is looking at the currently available evidence and making a judgement based on that. Some people on here seem so...
  6. chiefdave

    More false Coventry council claims exposed over Ricoh Wasps deal-Les Reid

    Few off the top of my head: Money for the loan to ACL has not come from CCC funds ACL is making a profit without CCFC CCFC only account for 10% of ACLs business Lucas claiming SISU had shown no interest in a lease Lucas stating they were hoping to rebuild the relationship with SISU following...
  7. chiefdave

    More false Coventry council claims exposed over Ricoh Wasps deal-Les Reid

    If an interest had been shown in the lease, at any point, then it shows there has been an interest in the lease. It is then incorrect to say at no point has any interest been shown in the lease! Although again we are in a situation where single statements from SISU, who apparently never tell the...
  8. chiefdave

    More false Coventry council claims exposed over Ricoh Wasps deal-Les Reid

    Surely if it was that simple that message would have been relayed and Lucas would have said that. And of course that sill implies that ACL need CCFC or at least money from CCFC. What is being disputed is the claim that ACL was profitable without CCFC, it wasn't. Saying it was only if CCFC were...
  9. chiefdave

    More false Coventry council claims exposed over Ricoh Wasps deal-Les Reid

    Who was bluffing? Not Lucas as she's saying she's just relayed what she was told. Were the council officers bluffing, what did they have to bluff about. It could well be if they have then it is illegal, it certainly is if its a stock exchange listed company, you're simply not allowed to release...
  10. chiefdave

    Any health studies done on ......

    I've had to start taking pills for high blood pressure since all this started! There was a study years ago (think it might have been a BBC doc) into stress and it found attending a match to be one of the most stressful things you can do.
  11. chiefdave

    Chris Kirkland

    When Burge signed his new contract wasn't there a clause they he could leave in the January window if he hadn't played a certain number of games? Knowing our luck we're going to end up without any keepers.
  12. chiefdave

    More false Coventry council claims exposed over Ricoh Wasps deal-Les Reid

    It will be interesting, in a car crash kind of way, to see how this all pans out. It's been questioned a few times on here in the past why people like Reid, Garlick etc have 'sided' with SISU after meeting with them, could it be we're starting to see why?
  13. chiefdave

    More false Coventry council claims exposed over Ricoh Wasps deal-Les Reid

    It shouldn't take too long to find out if Lucas was fed false information by council officers working for ACL. That would be a very serious matter so I expect in the next day or two we will be seeing reports that they have been suspended pending disciplinary action. If they have done as she says...
  14. chiefdave

    More false Coventry council claims exposed over Ricoh Wasps deal-Les Reid

    That would depend on the detail of the deal but in essence if Lucas is saying SISU showed no interest in a lease yet there is a letter saying the opposite it doesn't' look too good for her does it? You would also need to look at the contracts ACL have in place. Would it be safe to assume that...
  15. chiefdave

    Sisu refused permission to appeal...

    From what I can make out they've been had the first application, which is made in writing, turned down. They can now go and make an application in person, basically argue their case.
  16. chiefdave

    Sisu refused permission to appeal...

    In which case we will probably end up with a second JR.
  17. chiefdave

    Sisu refused permission to appeal...

    The biggest benefit might be if they win and get a pay off they'll bugger off!
  18. chiefdave

    Sisu refused permission to appeal...

    If I was in SISU's position I would be looking at: 1) getting the loan overturned, if it's ruled the loan should never have been made CCC may be forced to request repayment. Wasps, as a company losing £3m a year, will then need a loan to pay off a recalled debt for ACL, a company losing £.5m a...
  19. chiefdave

    Sisu refused permission to appeal...

    If YB has no worries about ACL meeting it's obligations why was the new loan even needed? It was supposed to be as there was a concern the loan would be called in as YB were getting worried about ACL's ability to pay, which seemed to coincide with a senior member of staff moving from one...
  20. chiefdave

    Sisu refused permission to appeal...

    Some people have suggested that the loan to a Wasps owned ACL isn't the same loan, certainly the terms have changed. Of course as they have nothing to hide CCC have refused to state if is the same loan or a new one. There could also be an arguement made that at the point CCC loaned the money to...
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