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Picnic Basket makers?

This was pre talk about the Freehold. Don't see where Sisu buying out the loan and controlling the mortgage and Wasps now buying the loan and(soon I'd imagine) having 100% of ACL is any different though really. Agree it's all a frustrating mess.

Who knows what they may have negotiated with YB, or what they were, in reality, prepared to offer? None of us now.

As I said earlier, the proposal from Sisu to buy out the loan may not have panned out as they wanted and so the deal may not have gone ahead. The fact that the Council went and did their own seperate deal for the ACL loan from YB means that we will never know though now, but as was stated in...

She went for 125 year lease. Pay off the loan. Give Higgs either £5.5million or £2million Rejected.

At least I go on about things that actually happened, not just in your head.

This referred to ACL, not the Freehold.

That was in relation to the Council share of ACL, nothing to do with the Freehold. Think that somebody else may be trying to muddy the waters here.

Lucky we didn't sell our home and have houses built on it, otherwise we could have ended up paying excessive rents for years at a place too big for us and end up going bust twice. God forbid!

Really badly, and alwyas thought that they would from the beginning. You however thought they were great didn't you Who?

The £2million was what Higgs wanted cash rather than the £5.5million over an amount of time. The offer by Sisu for the Higgs share was considered by CCC to be above market value for their share, proved by the £2.77million from Wasps over 250 year lease rather than the 150 year lease requested...

Your mum.

No yearly fee for the old lease, was about £21million for the 50 year lease(which is what the loan was for) Then became £14million last year for the remainder of the lease(43 years?). Now has become whatever remains of the £14million council loan for 250 years. Great business by the council.

A bit like what Wasps did with their old home.

You're wrong there, he started at Huddersfield a couple of months agao according to Coventry Telegraoh reliable sources. It's probably the job sharing that's killing him to be honest.

No it wasn't. Still at least you give me fond memories of vinyl and record players and the stylus getting stuck on the same bit, over and over and over again.

They would have negotiated with YB and got some discount, as did the Council(who had forgotten when they started the negotiations about the £3.6million or so hedging protection that they had taken out on top of the loan). Now, if Sisu had negotiated with YB, not got a deal that they were happy...

Plenty on here who are absolutely fucking delighted.

I'd email them to ask.

Higgs and the Council were mad not to accept the offer on the table from Sisu before could also be said.