BrisbaneBronco
Well-Known Member
Big week ahead. Transfer window closes and SISU back in court. Hmmmmm
Back to Court next Tuesday (1 Viewer)
- Thread starter BrisbaneBronco
- Start date
italiahorse
Well-Known Member
The sooner the court battle is out the way the sooner we can move on.
I'm hoping that after this Sisu can start to work with ACL/Wasps to make our 'home' long term at the Ricoh..
I'm hoping that after this Sisu can start to work with ACL/Wasps to make our 'home' long term at the Ricoh..
CJ_covblaze
Well-Known Member
That's what we all want Italia. Hopefully this will be the we'll hear of the matter and it all gets resolved. Read through the docs so many times and I still don't see what good it will achieve.
chiefdave
Well-Known Member
It has to be about compensation at this stage doesn't it? Sure Wasps might take a hit if ACL are ordered to pay a higher rate of interest on the loan but that won't be much I wouldn't have thought.
If SISU can get a ruling saying CCC have distorted the market you can be certain there will be further action to gain compensation. I wouldn't be surprised to see SISU go all out if that happened and claim the cost for a new stadium. Of course they need to win first but if they do it won't be the end of the legal action.
skybluetony176
Well-Known Member
Who knows? Who cares? Ultimately it ain't going to change anything for CCFC win, lose or draw.
Nick
Administrator
Agree with the ccfc bit, in an ideal world it would mean ccfc get ten bazillion and a new stadium. It won't happen though!
Samo
Well-Known Member
It would also be nice if a few council heads rolled.
Nick
Administrator
The more truth that comes out the better from the whole mess.
chiefdave
Well-Known Member
That's probably the best we can hope for at this point. To get as true a version of events as possible.
skybluetony176
Well-Known Member
Only problem is that only half the truth will ever come out at best as only one party in this whole mess can ever be held accountable for their actions and what led to those actions in a public forum such as a court room.
NorthernWisdom
Well-Known Member
...if we ever get to a definitive version of 'truth' however!
italiahorse
Well-Known Member
I don't think any more details will come out as it's an appeal on the interpretation on the EU law in the JR.
It will relate to whether CCC would have been better off letting ACL go into administration rather than propping it up with the loan.
I guess that if administration was the cost effective option then the loan could be classed as a subsidy which is not allowed ...... maybe !!
Colin Steins Smile
Well-Known Member
Focus for SISU is recouping money. If they win, then I doubt it would be speculated on CCFC. If SISU lose then expect increased management charges to CCFC.
CJ_covblaze
Well-Known Member
As long as it doesn't have a negative effect on rates and rate players I'm not bothered.
Sky Blue Kid
Well-Known Member
CCFC won't get a penny? If SISU win the money will go to their investors, SISU will make a massive profit, and CCFC will be left in the s**t. End of!........... Oh yeh, and rate payers will be the ones who pay for it.
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Nick
Administrator
And it starts....
Big bad sisu stealing from the rate payers mouths. Kids going homeless.
Sisu will only be awarded anything at all if the council are found in the wrong...
Grendel
Well-Known Member
If rate payers "pay for it" then that's down to the council
Sky Blue Kid
Well-Known Member
If I were a gambling man I'd be £1k better off..Ask Astute. Nothing to do with "And it starts" SISU only think of themselves. If you think any different then I've a gut feeling you're deluded mate 
italiahorse
Well-Known Member
.... and if they loose they can take it to the European court.
.... and if they loose that they can start JR2.
.... and if ..................
Why don't they just cut their losses and fcuk off ?
Sky Blue Kid
Well-Known Member
He's back! ...and he's brought his quotation marks and his single brain cell with him!
Never went anywhere Samo, and it makes it that I've got one more brain cell than you then
thewards5579
New Member
Agree Nick, and if the council are found liable and wrong it is surely the council who have cost/robbed us council tax payers
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Sky Blue Kid
Well-Known Member
All I'm saying is, if SISU win the case, it is the rate payers that lose out in the end.
Samo
Well-Known Member
Because of who's misconduct?
fernandopartridge
Well-Known Member
The courts arranged the date.
fernandopartridge
Well-Known Member
No it isn't what we all want. Virtually everybody I know what Wasps to fuck off along with SISU.
I personally would love another ground in Coventry which isn't the Ricoh.
fernandopartridge
Well-Known Member
And the council will be to blame
Sky Blue Kid
Well-Known Member
I used to back the council. but have had my views changed over the last 12 months or so. CCC and SISU are as bad as one another. I just come to the conclusion it will be the people of Coventry that will pay in the long run.
italiahorse
Well-Known Member
CCC ratepayers could have lost out which ever option they took.
Let the stadium go cheaply to Sisu and loose out on several million, or provide the loan, maybe loose the court case and compensate Sisu to the tune of say a couple of million.
Remains to be seen which option (if any) costs the tax payer more.
Sky Blue Kid
Well-Known Member
Don't know why, but my instincts tell me it won't be a couple of million pounds, more like tens of millions. We'll just have to wait and see.
NorthernWisdom
Well-Known Member
Sky Blue Kid
Well-Known Member
