If SISU don't know that the best way of getting people to believe is to do rather than say, they never will. It doesn't need a polite email for that to be obvious.
Although looking at this board, it seems rinse and repeat is sufficient for many.
Wasps relationship with the Coventry public is lost and beyond repair. I strongly suggest wasps leave our city and let us recover from the mess they have created.
I can understand what SISU is trying to do - as before try to get the stadium on the cheap and take no prisoners in doing so. By distressing Wasps out of operation and being then being the only team in the city with a use for the stadium - they might even achieve this. That's a good outcome for SISU's investment and also for CCFC - we have our own stadium on the cheap and income streams. The strategy seems to have Fisher's fingerprints all over it.
What is certain is that the SISU strategy 'take no prisoners' absolutely destroys trust. Wasps have every right to be furious to be honest this time around as SISU have clearly been playing games and the press release by SISU was made without informing Wasps.
SISU will see this as a calculated gamble I guess - even if this attempt to drive Wasps out of business fails - they know Wasps will be back at the negotiating table at one point - as we're the only club in town with any motivation at all to rent the Ricoh.
Nasty games are being played - but the only logical conclusion is that we either buy the Ricoh cheaply if Wasps go bust or we secure a super cheap rent deal sometime over the course of the season if they don't.
(Interesting side note: in a Kenilworth cafe and pretty certain that Josh Pask is at the next table. I'm also 60% sure I saw Liam Kelly in Stratford earlier. If the team hasn't flown back from Glasgow - then I clearly have completely lost it).
Respectfully disagree Mr_M. Simply because there's no other buyer for the Ricoh; if there's only one buyer in town CCC has no other option. That will be the perfect end game for SISU and also arguably for the Club.Ffs for the last time they are not trying to get the Ricoh with all of this.... even if they distress wasps and they go out of business they will not get the Ricoh under a deal that they want as the council will never give it to them
Respectfully disagree Mr_M. Simply because there's no other buyer for the Ricoh; if there's only one buyer in town CCC has no other option. That will be the perfect end game for SISU and also arguably for the Club.
Everyone I have spoken to (family and friends) non city supporters or followers of football are damning about wasps being in this city. One guy I work with who defends wasps at every turn has damned wasps to me.Unfortunately that's not truewasps fans (and adopted ones) don't give a fuck about us and how we are treated.
The general cov public get their information from the local media and if you listen to them wasps are faultless and it's all down to sisu
Ffs for the last time they are not trying to get the Ricoh with all of this.... even if they distress wasps and they go out of business they will not get the Ricoh under a deal that they want as the council will never give it to them
If your precious wasps are so fucking innocent why are they hiding behind a nda
Easy mr_m. In all commercial negotiations that I've been involved in....NDAs are executed.
There are no innocent parties here - SISU/Wasps/CCC have always acted in line purely with their own objectives. That's commercial life and they are all trying to achieve highest returns on their respective investments.
I'm not defending Wasps (I'm a lifelong Cov Rugby fan for what it's worth) just pointing out that trust will have been completely lost through SISU's latest strategy.
From SISU's viewpoint you could say that they really don't have to be concerned about trust as they hold many of the cards - as they are the only party in town both to rent the Ricoh or ultimately buy it.
I want to see CCFC back in Coventry like everyone else - SISU also want this for commercial reasons. We'll see how it plays out - my expectation is that CCFC at the Ricoh is far more likely than CCFC at the UoW. But I've been wrong before!
I can understand what SISU is trying to do - as before try to get the stadium on the cheap and take no prisoners in doing so. By distressing Wasps out of operation and being then being the only team in the city with a use for the stadium - they might even achieve this. That's a good outcome for SISU's investment and also for CCFC - we have our own stadium on the cheap and income streams. The strategy seems to have Fisher's fingerprints all over it.
What is certain is that the SISU strategy 'take no prisoners' absolutely destroys trust. Wasps have every right to be furious to be honest this time around as SISU have clearly been playing games and the press release by SISU was made without informing Wasps.
SISU will see this as a calculated gamble I guess - even if this attempt to drive Wasps out of business fails - they know Wasps will be back at the negotiating table at one point - as we're the only club in town with any motivation at all to rent the Ricoh.
Nasty games are being played - but the only logical conclusion is that we either buy the Ricoh cheaply if Wasps go bust or we secure a super cheap rent deal sometime over the course of the season if they don't.
(Interesting side note: in a Kenilworth cafe and pretty certain that Josh Pask is at the next table. I'm also 60% sure I saw Liam Kelly in Stratford earlier. If the team hasn't flown back from Glasgow - then I clearly have completely lost it).
Even in the very unlikely event the Ricoh were to end up being available CCFC will NOT be the owners. It'll be owned by SISU in a holding company and the club will be renting it. It'd probably be a better deal than we've had in the past, certainly in terms of access to income. But given that SISU are providing loans to cover cash losses effectively we'd have owners charging us to use the stadium and then gaining interest on top of that because they'd be partly funding the cash required to pay it.
Even in the very unlikely event the Ricoh were to end up being available CCFC will NOT be the owners. It'll be owned by SISU in a holding company and the club will be renting it. It'd probably be a better deal than we've had in the past, certainly in terms of access to income. But given that SISU are providing loans to cover cash losses effectively we'd have owners charging us to use the stadium and then gaining interest on top of that because they'd be partly funding the cash required to pay it.
There wasn't last time but they found one
I'd happy as a pig in shit if we could get the whole of the Ricoh and all of the revenue from it but as we know with CCC (even before sisu) the football club are 2nd class citizens and that will never happen and as a club that is what we need
Wasps don’t own it
Bloody hell Dreamer - don't destroy all hope for the future my friend
I'm desperately trying to find an outcome that is ultimately good for us fans!
I'm not saying they do. I'm just saying that in the highly unlikely event that the stadium were to become available to buy and our owners bought it it wouldn't be in kept in the name of the club. We'd be renting it from our owners.
I had to laugh at Wasps' response "will be looking carefully at elements of what they have claimed, and may possibly comment further in the next couple of days."According to this the BBC have asked wasps for comments on our latest statement
Coventry City deny Wasps claims they withdrew from Ricoh Arena negotiations
Coventry City reject Wasps' claims they withdrew from negotiations to play home games at the Ricoh Arena next season.www.bbc.co.uk
They will mate just not yet give a fool enough rope they will hand themselves how long can they keep up losing money ? No stadium sponsor ? Players wanting to leave ? Poor form ? Wasps will go bust before usWasps relationship with the Coventry public is lost and beyond repair. I strongly suggest wasps leave our city and let us recover from the mess they have created.
So that's still Wasps - ACL are a wasps subsidiary now.no acl will own it
no acl will own it
I have no doubt Wasps will lie in their response to that too.I had to laugh at Wasps' response "will be looking carefully at elements of what they have claimed, and may possibly comment further in the next couple of days."
Really? If they were in the right they would be all over this.
The difference between Wasps' response compared to Dave Boddy's comments tells all we need to know, I think.
I'm not saying they do. I'm just saying that in the highly unlikely event that the stadium were to become available to buy and our owners bought it it wouldn't be in kept in the name of the club. We'd be renting it from our owners.
Yeah, those spiteful gits would rather knock it down and bulid houses on the land than give us the kind of lease they gave the egg chasers. City of sport / culture my arse.This is exactly what people need to get their head around, if wasps go bust the Ricoh goes back to the council and there is no way in hell they would sell it to sisu and I'm certain sisu are very aware of this now as well
Like Lewes District Council you mean?
Brighton did. We talk.
I too believe that if Wasps go pop then the Ricoh reverts back to the council and the lease reverts back to what would be left had it not been extended. What I mean by this is, if the lease had 48 years left two years ago, it would now have 46 years left. The figures I just quoted were as an example, I cannot remember what the actual numbers are. Someone with a better memory than me will.Yeah, those spiteful gits would rather knock it down and bulid houses on the land than give us the kind of lease they gave the egg chasers. City of sport / culture my arse.
Hurts me to say it, but I’d take 5 years at Brum now. (Obviously less would be better) But I need to see plans, spades and blokes in hard hats before the start of the 21/22 season.
Fuck the Ricoh. Never want to even see the place ever again.
I’m not pretending to understand this G. But if it’s administration, then the administrator would use the stadium as an asset. If it’s complete receivership then it would be the receivers who control the stadium as an asset? CCC would still hold the freehold but the lease would/could end up in the hands of the highest bidder. Which could be another Wasps entity or SISU or anyone else for that matter!no acl will own it
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