Hate this twat!
Let's just listen to what he says. He is a pantomime villain but he wasn't the only person on the CCFC board at that time, he also left in 2002. He says that the option to return to Highfield Rd existed right up to the point the Arena was developed. For that reason, why on earth did the club's board ever agree to the farce deal for the Arena? What was actually in it for the club?
It was of course an amazing coincidence that when the project no longer looked like providing a secure future for the club and talk turned to making use of the buyback clause on HR Mike McGinnity's company got the contact to put the seats in at the Ricoh.Some nice seating?
The series of videos give an interesting insight into the world of football at the time.
Comments like "hate this twat" are just silly and devisive.
Richardson said that the club held on to the £5M paid by the developers for the land and could pay it back if they needed to return to Highfield road. He didn't say where the club held the money.One question. How were CCFC going to be able to repay the £5m to be able to go back to Highfield Road? There was nothing like that in the bank and cash flow wasn't generating the kind of surplus to do it. The club was struggling to find any finance. It is one thing saying we could buy it back quite another being able to
One question. How were CCFC going to be able to repay the £5m to be able to go back to Highfield Road? There was nothing like that in the bank and cash flow wasn't generating the kind of surplus to do it. The club was struggling to find any finance. It is one thing saying we could buy it back quite another being able to
Richardson said that the club held on to the £5M paid by the developers for the land and could pay it back if they needed to return to Highfield road. He didn't say where the club held the money.
Lot easier to find £5m to buy back HR than £100m to build a new stadium. They council seem pretty keen on giving loans on favourable terms to local businesses, sure they would have helped!One question. How were CCFC going to be able to repay the £5m to be able to go back to Highfield Road? There was nothing like that in the bank and cash flow wasn't generating the kind of surplus to do it. The club was struggling to find any finance. It is one thing saying we could buy it back quite another being able to
Lot easier to find £5m to buy back HR than £100m to build a new stadium. They council seem pretty keen on giving loans on favourable terms to local businesses, sure they would have helped!
Unless Richardson held it in one of his own accounts!if they held it at all, it would have to be included in the audited financial statements. As at 31/05/2002 the club had £147k in the bank
Unless Richardson held it in one of his own accounts!
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?