She was simply playing safe, politically. I still think they cannot be blamed for taking the only offer on the table when Fisher &Co have said they have no intention of staying once their Fantasy Arena is built. She may claim to be a city fan but first and foremost these people are politicians.
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Why should they have to take any offer for such a successful, World Class Stadium?
If they did have to sell it, then surely, I know MMM likes this word, their fiduciary responsibilty should be to put it out to tender and accept the highest offer?
The Ricoh arena is not for sale.
That's true though isn't it?
I agree with what you are getting at and it's appalling and could be due another legal viewing........................but all that said the hedge fund pissed on their chips when they started with legal action originally and now I hear they have mentioned legal action against individuals which infers Lucas herself I suspect so I'm sure she was happy to spit in Sepallas eye when push came to shove.
That's true enough, but personal, no matter how difficult it may be, shouldn't be allowed to affect elected representatives decisions regarding important "Community Assets".
Personal on both sides has got in the way of business unfortunately.
but in reality it is legally being ran by another company whilst reaping all its benefits for 250 years , they may aswell own itYes the council have kept the freehold.
Lucas only ever said that an unencumbered freehold was not for sale. Which is what Sisu wanted !
Some will ignore facts though !
but in reality it is legally being ran by another company whilst reaping all its benefits for 250 years , they may aswell own it
You really don't get the asset bit do you.
Yes the council have kept the freehold.
Lucas only ever said that an unencumbered freehold was not for sale. Which is what Sisu wanted !
Some will ignore facts though !
literally the only thing they cannot do is sell the stadium , they have all the benefits that will come from it , paint it in specifics and make it look better than it is , thats fine , but wasps and the consortium involved are in control , and will be long after me you , our children and their childrens children will be gone .Well there are differences between freehold and leasehold, and these differences were enough for SISU not to be interested in buying into ACL before. Once the term of the leasehold goes beyond the life of the building they may as well quote any number of years.
Nor does thie community from the looks of things.
Again, what use is the Arena to the community without any sort of control of the operating company?
Nobody would buy it if somebody has a 250 year lease on it, so basically the bricks and mortar are worthless.
but in reality it is legally being ran by another company whilst reaping all its benefits for 250 years , they may aswell own it
literally the only thing they cannot do is sell the stadium , they have all the benefits that will come from it , paint it in specifics and make it look better than it is , thats fine , but wasps and the consortium involved are in control , and will be long after me you , our children and their childrens children will be gone .
they have a deal that the football club or any football club would be proud of and happy with
literally the only thing they cannot do is sell the stadium , they have all the benefits that will come from it , paint it in specifics and make it look better than it is , thats fine , but wasps and the consortium involved are in control , and will be long after me you , our children and their childrens children will be gone .
they have a deal that the football club or any football club would be proud of and happy with
I am composing an email to send to Ann lucas regarding this whole thing. I wanted to start by just saying back to her some of the comments made by her during our exile to Northampton. I know there are hundreds but off the top of my head i only have " a club shouldnt be ripped apart from its community". Just going to prove she only has £££££££ signs in her eyes rather than acting in the best interests of her constituents. Is there any other statements etc anyone think i should include?
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