I don't believe a word he speaks.
However, as my comment says, on record he has said this.
He's committed to record that SISU would not have signed up to what some have described as the gold plated deal Wasps were given.
Does that mean it is true then, you don't believe him (with fair reasons) when he says we are building a new stadium yet this statement is truth?
So we believe everything Fisher says? Or just the bits that for our narrative?
Does that mean it is true then, you don't believe him (with fair reasons) when he says we are building a new stadium yet this statement is truth?
I am sure I would have publically have said the same.
Should he have admitted they had been screwed? What kind of signal would that send to their investors?
Come on – over a long period of time Joy & Tim made clear that they only wanted ACL with all the loans and contracts swept away for them. It was never on, which is why we lost out to another party prepared to negotiate more sensibly.
To avoid any doubt, from the day SISU took over I wanted and expected them to buy into the stadium for CCFC, and am gutted that they didn’t. There was a formula for doing it, which was part of what they bought into, but they decided to try and turn the screw instead. Very bad business and a complete misjudgement of the politics.
I so much wish we were charging rent rather than paying it, but unlike some I find it hard to blame the old or the new landlords.
If that had have happened do you believe that SISU would have snapped their hands off?
How do you know that ACL were informed of the takeover? Just out of interest.
I will have to find the quote either Derek Richardson or Nick Eastwood referenced talks with ACL that pre-date August 2014.
In a recent in an interview with Stuart Linnell on BBC Coventry & Warwickshire, Rossborough said that two years ago, he met Wasps owner Derek Richardson and discussed, very generally, how the two clubs might work together and the word “merger” was mentioned, albeit informally.
How do you know that ACL were informed of the takeover? Just out of interest.
That formula though, wouldn't that have had us paying quite a bit more than what Wasps paid for all of it to get 50%?
PWKH was asked on here, wouldn't confirm the exact details but did say that the figure generally thrown around for the Higgs 50%, which was £10m, was about right.
CCFC had agreed a 2+2, this hasn't changed. So if Wasps hadn't taken over CCFC would still be in the same position they are today.
City’s chief executive, Tim Fisher, insists they do not regret failing to buy the Ricoh, saying they could not agree to taking it on, as Wasps have done, not only for £5.4m but with the council’s £14m loan on the stadium still to pay.
So close to double the purchase price that Wasps paid to purchase 50%?
I don't believe a word he speaks.
However, as my comment says, on record he has said this.
He's committed to record that SISU would not have signed up to what some have described as the gold plated deal Wasps were given.
So we believe everything Fisher says? Or just the bits that for our narrative?
So close to double the purchase price that Wasps paid to purchase 50%?
So why are people using his quotes as evidence then if he's such a big joke.The point everyone misses of course being that it doesn't really matter whether you believe him or not or whether you think there's an element of truth in what he's saying or not. Because of he's own self determined history of quotes it's impossible to take the bloke serious regardless of what he's saying. Not a good place for someone with his apparent responsibility and position to put themselves in.
This is from the Telegraph in October last year:
In a recent in an interview with Stuart Linnell on BBC Coventry & Warwickshire, Rossborough said that two years ago, he met Wasps owner Derek Richardson and discussed, very generally, how the two clubs might work together and the word “merger” was mentioned, albeit informally.
So that would date that as around October 2013.
Don't forget that Daniel Gidney previously stated that the same 50% was worth £24m.
Don't forget that Daniel Gidney previously stated that the same 50% was worth £24m.
Don't think that really tells us much. There is no way his statement was going to be we're screwed and I've royally messed up.
That's so embarrassing when you look back at that article, they were almost certainly in negotiations with wasps at the time
Sent from my iPhone using Tapatalk - so please excuse any spelling or grammar errors
I think they would have, I think they would have also settled for a 50/50 partnership with Wasps hence the bid they made for Higgs share. Of course that was never on the cards as Wasps wanted to load debt against the stadium to pay themselves back, I dread to think about the meltdown there would have been had SISU done the same.
I do think there were concerns over the loan and ACL's ability to service it and the preference would have been to purchase without the loan but with another buyer on the scene I think they would have taken the deal Wasps were given. As much as we all accused Fisher of talking bollocks as we had the council and PWKH telling us how well ACL were doing and how insignificant the football club was to them it turned out Fisher was right. ACL wasn't being well run and was overly reliant on the football club.
If you don't believe a word he says why are you using his quote as evidence that the club wouldn't have took the same deal offered to Wasps.
Not "we're screwed", but "our plan to screw CCC and Higgs backfired".
Unfortunately Tim had in the meantime confirmed that they ( Otium ) were building their own stadium. It would have been more questionable if Tim had confirmed building up trust as a way to maybe making an offer for the Ricoh. Maybe offering to drop the JR in return for a good deal would have been a good way out for all concerned ( except, of course, Wasps ).
So why are people using his quotes as evidence then if he's such a big joke.
I don't think we'd be in the same position. From what CCC were starting we would have been looking at buying the Ricoh at either the 2 year or 4 year point. Of course by then the truth about ACL's performance would have most likely come out putting SISU in the driving seat for any ownership negotiations.
Based on what? What have they ever said and done to convince you of them doing either?
That formula though, wouldn't that have had us paying quite a bit more than what Wasps paid for all of it to get 50%?
OK, if you want to change the semantics fine. Point still stands, would you really expect someone like Fisher to make a statement putting the blame on himself?
Where have I used his quote as evidence?
OK, if you want to change the semantics fine. Point still stands, would you really expect someone like Fisher to make a statement putting the blame on himself?
Worse than that. Wasps paid the council and Higgs £2.77m each so got the whole lot for £5.5m.
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