Bennets Afro
Well-Known Member
Or because two parties were now interested in buying the debt, so YB hung on for the full amount and the council were desperate to pay it maybe to get one up on SISU????
Council admits Ricoh Arena was not sustainable without CCFC (2 Viewers)
- Thread starter SimonGilbert
- Start date
Bennets Afro
Well-Known Member
anyway its all irrelevant as it's in the past and tony says we can't talk of the past only how we move on haha
Rusty Trombone
Well-Known Member
Yeah, that would be it. Did they pay the full amount?
Bennets Afro
Well-Known Member
I think they did. That where the £14m mortgage came from wasn't it?
Rusty Trombone
Well-Known Member
The full amount owed including the hedging arrangement was £19m, they paid £14m incl the hedge. Yes, that's where loan came from. I'm not aware from anywhere that SISU put any bids in (not suggesting they should have done).
Figures from the JR, but a bit too wordy to copy out.
Sick Boy
Well-Known Member
He picked that one up from italia....its pathetic.
italiahorse
Well-Known Member
If it comforts you bringing up the past then go for it.
I would prefer Sisu to get in discussions with Wasps and move on.
skybluetony176
Well-Known Member
Oh dear. Is it past your bedtime? Look at the grumpy wee man in the evening.
NorthernWisdom
Well-Known Member
What bothers me most is when she became leader, I was pleased. Here's a fan of the club who stood by her principles over King, but still a fan. Here was someone who seemed a lot more approachable than Mutton, whose rhetoric had helped drive a wedge.
The frightening thing, to me, is just how far removed the recent statements have been from that first impression as leader. At least with Mutton, I knew where he stood and there was little doubt over his position. At least he was, dare I say it, 'straight' and I can respect that, even if I disagree or think some things said and done were crazy.
What frustrates more is I think hindsight says I'd rather Mutton had stayed on!
Skyblueweeman
Well-Known Member
Leave me out of this...I'm tip top tonight sunshine.
Sky Blue Pete
Well-Known Member
Such a red herring!!
Sisu are taking our club to bits and spitting it out the other side - they couldn't give a flying toss.
Sisu are taking our club to bits and spitting it out the other side - they couldn't give a flying toss.
Moff
Well-Known Member
Dear me Tony, in responding to Sickboy you seem to have missed the irony in your post.
To quote you in post #587, "At least I add points to debate not just insult people I don't agree with. Insults are hardly the height of intellect is it."
skybluetony176
Well-Known Member
Sorry. My inner child made me do it.
Moff
Well-Known Member
I have that problem constantly!
Nick
Administrator
What's a red herring?
Skyblueweeman
Well-Known Member
Sunburnt fish?
Sky Blue Pete
Well-Known Member
Whether the ricoh arena was profitable and whether lucas lied
duffer
Well-Known Member
That's not a red herring Pete, that lie has indirectly lead to Wasps owning the stadium revenues for the next 250 years. At one point it was claimed ACL was making lots of money and there was no pressure to sell to anyone, let alone CCFC, then suddenly it wasn't and the Council had to sell to Wasps.
SISU are indeed terrible owners, but whoever the next owners are they will almost certainly face horrendous problems as the result of this. From what I can see we'll either be stuck in the Ricoh as a tenant with little access to revenues, or be somewhere smaller and further away. Now that FFP is here that's the end of any chance of us getting back to the top table in my lifetime, I'd say.
'Let's talk to Wasps' is the cry from many here. That's a good idea, I'd agree - but realistically what do those suggesting it think that Wasps will want or be able to give us?
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lordsummerisle
Well-Known Member
[video=youtube;GFTgkibl7DU]https://www.youtube.com/watch?v=GFTgkibl7DU[/video]
shmmeee
Well-Known Member
It is a red herring.
The Wasps deal was brought on by Sisu playing silly buggers. Everything else is an attempt to divert attention from where it is deserved.
The owners of our club are responsible for our club. No one else. They chose to break the lease. They chose to spoil relations with the landlord. They chose to say they didn't want to play there any more.
It really is that simple. Sorry to Nick that that doesn't sustain a forum for a couple of years of pointless debate, but that's it. CCFC made a decision, it was a bad one.
