Non AMP
Sky Blues Talk
  • Home
  • Forums
  • Coventry City Football Club
  • Coventry City General Chat
This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

Court Case Thread! June 2018 (1 Viewer)

  • Thread starter wince
  • Start date Jun 23, 2018
Forums New posts
Prev
  • 1
  • …
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
Next
First Prev 14 of 17 Next Last

italiahorse

Well-Known Member
  • Jun 27, 2018
  • #456
chiefdave said:
No judgement today but not back in court tomorrow? Does that mean the judges don't think its an open and shut case and want to dig deeper in to the documents provided?
Click to expand...
Or more likely, putting together the words in such a way that Sisu can’t appeal on it and stops this farce once and for all.
 
H

HuckerbyDublinWhelan

Well-Known Member
  • Jun 27, 2018
  • #457
italiahorse said:
Or more likely, putting together the words in such a way that Sisu can’t appeal on it and stops this farce once and for all.
Click to expand...
Sounds that one of the judges thinks it needs looking at.

I for one would like to know why they essentially give the Ricoh away and not got full value.... that’ and watching Wasps collapse. You’ve got a coventry rugby season ticket haven’t you? You can still get your rugby fix
 

GaryJones

Well-Known Member
  • Jun 27, 2018
  • #458
Jesus this is complicated shit!
 

ccfcway

Well-Known Member
  • Jun 27, 2018
  • #459
2nd half was only 25 mins long.

you have to wonder why they didn't just postpone lunch for a little bit.

Unless lunch it was a Greggs sausage roll, as you have to eat them hot, nowhere near as nice when cooled down.
 
Reactions: wingy

Nick

Administrator
  • Jun 27, 2018
  • #460
ccfcway said:
2nd half was only 25 mins long.

you have to wonder why they didn't just postpone lunch for a little bit.

Unless it was a Greggs sausage roll, as you have to eat them hot, nowhere near as nice when cooled down
Click to expand...

Maybe the judges wanted to talk about it over their Big Macs and Jaiger bombs?
 
H

HuckerbyDublinWhelan

Well-Known Member
  • Jun 27, 2018
  • #461
I like how they say the collapse of wasps will affect the wider community.... how does it affect Coventry? Good riddance I’d say
 
Reactions: chiefdave, GaryJones and Astute

ccfcway

Well-Known Member
  • Jun 27, 2018
  • #462
Nick said:
Maybe the judges wanted to talk about it over their Big Macs and Jaiger bombs?
Click to expand...

last time I read about McDonalds, they were trying to go more healthy and now I hear they have introduced the McJaigerBomb
 

fernandopartridge

Well-Known Member
  • Jun 27, 2018
  • #463
oldskyblue58 said:
Only if ACL as a company agree to it. CCC were only 50% of it. ACL would still own the lease but this time with 250 years to go and a far greater value. It would be ACL putting the lease on the market either the original one or the long one it had acquired. Could actually have made it unsaleable to Wasps or SISU. The time for a longer lease was at the start in 2007, we might never have got in this mess

ACL in 2014 had been forced pretty close to the wall, it would not have been an easy finance of the lease extension because ACL were running out of cash. Could CCC have lent ACL the money?..... I think we might well have had JR3 if they had, especially if it increased the value to acquire the site (completely opposite of what SISU were trying to achieve allegedly). But according to SISU the lease for 250 years was worth 47m where was ACL going to get even half that ? Even the short lease had a market value of £18m . ACL would have had to be seen to pay for it because of state aid and the scrutiny it was already under

SISU admitted yesterday they were around but not really interested
Click to expand...

Agreed on that, I have said time and time again that the setup of ACL and its 50 year lease + YB loan is the problem and subsequent events are pretty much all traced back to it. That all falls at the feet of those on the council who made the decisions.
 
Reactions: colin101, Brylowes, oldskyblue58 and 1 other person

Nick

Administrator
  • Jun 27, 2018
  • #464
ccfcway said:
last time I read about McDonalds, they were trying to go more healthy and now I hear they have introduced the McJaigerBomb
Click to expand...
I loved going to Spain McDonald's and being offered a beer
 

Captain Dart

Well-Known Member
  • Jun 27, 2018
  • #465
ccfcway said:
2nd half was only 25 mins long.

you have to wonder why they didn't just postpone lunch for a little bit.

Unless lunch it was a Greggs sausage roll, as you have to eat them hot, nowhere near as nice when cooled down.
Click to expand...

Too much claret in the recess. Check for red noses.
 
Reactions: wingy

ccfcway

Well-Known Member
  • Jun 27, 2018
  • #466
Nick said:
I loved going to Spain McDonald's and being offered a beer
Click to expand...

lets hope you don't celebrate it so much that you throw it in the air !
 

fernandopartridge

Well-Known Member
  • Jun 27, 2018
  • #467
Colin Steins Smile said:
There is a third aspect to this from CCC's view point. That being the development of business around the Ricoh and an expectation that the owners of the stadium would be in a better position than CCC to develop new business, which would increase business rates payable to the council.
Click to expand...

That'll be the new training ground Wasps were building on site I assume
 

oldskyblue58

CCFC Finance Director
  • Jun 27, 2018
  • #468
on the positive side Germany just lost and are out of the World Cup :happy::happy::happy::happy:
 
Reactions: Iancro, Captain Dart, colin101 and 7 others
A

Ashdown

Well-Known Member
  • Jun 27, 2018
  • #469
Really fucked off to hear how Cov City are battling the council in court.......they're not it's the London hedge fund SISU !
 
Reactions: Astute and Sky Blue Pete

oldskyblue58

CCFC Finance Director
  • Jun 27, 2018
  • #470
Ashdown said:
Really fucked off to hear how Cov City are battling the council in court.......they're not it's the London hedge fund SISU !
Click to expand...

actually Otium Entertainment limited which is the legal entity of the trading name CCFC (ie the Club) is named on the court documents...... so they are indeed part of the action being taken
 

skyblueinBaku

Well-Known Member
  • Jun 27, 2018
  • #471
oldskyblue58 said:
on the positive side Germany just lost and are out of the World Cup :happy::happy::happy::happy:
Click to expand...
Thanks for that news, OSB. It's the first post on this thread that I've understood!
 
Reactions: Brylowes, Astute, better days and 1 other person

Grendel

Well-Known Member
  • Jun 27, 2018
  • #472
Astute said:
Renewing your lease: know your rights and don't get caught out!
Click to expand...

I’ve read this and it says exactly the same as the link I posted - namely you should renegotiate in the last 18 months of tenancy a new lease and if the tenant lease has no security of tenure he has no rights at all!
 

italiahorse

Well-Known Member
  • Jun 27, 2018
  • #473
HuckerbyDublinWhelan said:
I like how they say the collapse of wasps will affect the wider community.... how does it affect Coventry? Good riddance I’d say
Click to expand...
Are you saying that an empty stadium and CCFC in Northampton is better for the people of Coventry than having Wasps and CCFC here?
 

Nick

Administrator
  • Jun 27, 2018
  • #474
italiahorse said:
Are you saying that an empty stadium and CCFC in Northampton is better for the people of Coventry than having Wasps and CCFC here?
Click to expand...

CCFC will be a bigger loss than Wasps.
 
Reactions: Brylowes

italiahorse

Well-Known Member
  • Jun 27, 2018
  • #475
Nick said:
CCFC will be a bigger loss than Wasps.
Click to expand...
That’s not what I asked.
 
D

djr8369

Well-Known Member
  • Jun 27, 2018
  • #476
Nick said:
CCFC will be a bigger loss than Wasps.
Click to expand...

Will it? Attendance for wasps is higher so much bring more revenue to the city?


Sent from my iPhone using Tapatalk
 

Nick

Administrator
  • Jun 27, 2018
  • #477
djr8369 said:
Will it? Attendance for wasps is higher so much bring more revenue to the city?


Sent from my iPhone using Tapatalk
Click to expand...

Does it?
 

Nick

Administrator
  • Jun 27, 2018
  • #478
italiahorse said:
That’s not what I asked.
Click to expand...

Try not asking loaded questions then.
 
D

djr8369

Well-Known Member
  • Jun 27, 2018
  • #479
Nick said:
Does it?
Click to expand...

Unless football fans spend far more per head than rugby fans or there are other factors I’m missing then it must?

I’d bet wasps fans tend to travel from further away as well so more likely to buy lunch, stay over at a hotel etc.


Sent from my iPhone using Tapatalk
 

Nick

Administrator
  • Jun 27, 2018
  • #480
djr8369 said:
Unless football fans spend far more per head than rugby fans or there are other factors I’m missing then it must?

I’d bet wasps fans tend to travel from further away as well so more likely to buy lunch, stay over at a hotel etc.


Sent from my iPhone using Tapatalk
Click to expand...

Isn't that money to Wasps / Caterers than to the city?
 

italiahorse

Well-Known Member
  • Jun 27, 2018
  • #481
Nick said:
Try not asking loaded questions then.
Click to expand...
It’s not loaded though.
Just before Wasps came that was the situation.
I’m comparing now to then.
Straight forward question.
 

Nick

Administrator
  • Jun 27, 2018
  • #482
italiahorse said:
It’s not loaded though.
Just before Wasps came that was the situation.
I’m comparing now to then.
Straight forward question.
Click to expand...

His point was aimed at if Wasps went now wasn't it?

Compare that to if Wasps went tits up now or if CCFC had to move again.
 

italiahorse

Well-Known Member
  • Jun 27, 2018
  • #483
Nick said:
Isn't that money to Wasps / Caterers than to the city?
Click to expand...
It’s the same thing.
More income equals more business rates.
 
Reactions: djr8369
W

wingy

Well-Known Member
  • Jun 27, 2018
  • #484
Nick said:
Isn't that money to Wasps / Caterers than to the city?
Click to expand...
Don't be obtuse Nick, they're the same economic benifits we all say City bring?
 
Reactions: djr8369

Nick

Administrator
  • Jun 27, 2018
  • #485
italiahorse said:
It’s the same thing.
More income equals more business rates.
Click to expand...

Do the rates go up based on turnover then?
 

Astute

Well-Known Member
  • Jun 27, 2018
  • #486
Grendel said:
I’ve read this and it says exactly the same as the link I posted - namely you should renegotiate in the last 18 months of tenancy a new lease and if the tenant lease has no security of tenure he has no rights at all!
Click to expand...
Not at all. The longer the lease left the better.

If you have a leasehold property with less than 50 years lease left you will find it hard for anyone to get a mortgage on it. Are you saying that you should wait until there is 18 months left on it before extending the lease and the lease nearly valueless?
 

italiahorse

Well-Known Member
  • Jun 27, 2018
  • #487
Nick said:
His point was aimed at if Wasps went now wasn't it? Compared to if CCFC had to go because of Wasps being here.
Click to expand...
Nope.
He asked solely about Wasps and the effect of them leaving.
Sometimes you need to look at the bigger picture.
 
D

djr8369

Well-Known Member
  • Jun 27, 2018
  • #488
Nick said:
Isn't that money to Wasps / Caterers than to the city?
Click to expand...

It’s both but if we just consider the money to wasps (or any other tenant) and the caterers then there’s no difference to losing either wasps or the club as neither is brining money to the city. (Sentimentality aside, obviously I don’t want to see the club leave again).

In reality, even with most money going to the caterers and tenant some fans are spending money in the city, lunch, fuel, hotels etc.


Sent from my iPhone using Tapatalk
 
Last edited: Jun 27, 2018

Nick

Administrator
  • Jun 27, 2018
  • #489
italiahorse said:
Nope.
He asked solely about Wasps and the effect of them leaving.
Sometimes you need to look at the bigger picture.
Click to expand...

Ah the old bigger picture nonsense.

Yes, as in them leaving now... Thats why i said compare it to if CCFC left.
 

italiahorse

Well-Known Member
  • Jun 27, 2018
  • #490
Nick said:
Do the rates go up based on turnover then?
Click to expand...
They do if more businesses open, which is the case.
Get rid of this Sisu noose and CCFC, Wasps and the people of Coventry will all benefit.
 
Prev
  • 1
  • …
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
Next
First Prev 14 of 17 Next Last
You must log in or register to reply here.

Users who are viewing this thread

Total: 2 (members: 0, guests: 2)
Share:
Facebook Twitter Reddit Pinterest Tumblr WhatsApp Email
  • Home
  • Forums
  • Coventry City Football Club
  • Coventry City General Chat
  • Default Style
  • Contact us
  • Terms and rules
  • Privacy policy
  • Help
  • Home
Community platform by XenForo® © 2010-2021 XenForo Ltd.
Menu
Log in

Register

  • Home
  • Forums
    • New posts
    • Search forums
  • What's new
    • New posts
    • Latest activity
  • Members
    • Current visitors
  • Donate to the Season Ticket Fund
X

Privacy & Transparency

We use cookies and similar technologies for the following purposes:

  • Personalized ads and content
  • Content measurement and audience insights

Do you accept cookies and these technologies?

X

Privacy & Transparency

We use cookies and similar technologies for the following purposes:

  • Personalized ads and content
  • Content measurement and audience insights

Do you accept cookies and these technologies?