Astute
Well-Known Member
It still wouldn't have had the higher value until someone was playing there. And we were never coming back if you remember.
It still wouldn't have had the higher value until someone was playing there. And we were never coming back if you remember.The lease extension was agreed at the same meeting as the sale to Wasps. They could have extended the lease at that point under CCC / Higgs ownership knowing there was an anchor tenant coming in.
OK SISU Grendel.I'm sure Rusty or Council Dart will have an explanation.
When a serious bidder came along yes.
As you know SISU kept coming to an agreement with Higgs ant then pulling out at the last minute. Each time they came back with a lower bid. Until finally they offered nothing but a 1m donation as they were a charity.
So what serious bid did they give to CCC? Oh yes I remember now. They refused to talk. They were only interested in ACL without the loan attached. Remember that word? Unencumbered.
And some still try and blame CCC for everything.
1, It was Fisher who kept stating they only wanted the freehold unencumbered. But you know that.I remember the word uencumbered - Anne Lucas said it a lot - not sure what she meant by it.
As for serious bid - are you sure about that. To my knowledge the club were always advised to purchase the Higgs Share first weren't they?
Why do you keep saying a £1 million donation? One it was £2 million and second it was a purchase of shares not a charitable donation.
Ok, to keep Grendel happy, I'll make some guesses.The lease extension was agreed at the same meeting as the sale to Wasps. They could have extended the lease at that point under CCC / Higgs ownership knowing there was an anchor tenant coming in.
We had returned to the Ricoh at the point the council agreed to sell to Wasps and extend the lease.And we were never coming back if you remember.
And Joy, it was a favourite of that direction at the time' can't remember his name, think he was1, It was Fisher who kept stating they only wanted the freehold unencumbered. But you know that.
What we now know about the Ricoh Arena row... and some things we don't
But as we all know the deal had been done by then.We had returned to the Ricoh at the point the council agreed to sell to Wasps and extend the lease.
But as we all know the deal had been done by then.
How could we have gone back as tenants of Wasps if they hadn't sealed the deal?
1, It was Fisher who kept stating they only wanted the freehold unencumbered. But you know that.
What we now know about the Ricoh Arena row... and some things we don't
Which is owned by?We didn't we were tenants of ACL
I know what the implications of SISU acting like a bunch of twats are and losing us the chance of taking over the arena are.What are the implications of having that?
The lease extension was agreed at the same meeting as the sale to Wasps. They could have extended the lease at that point under CCC / Higgs ownership knowing there was an anchor tenant coming in.
I know what the implications of SISU acting like a bunch of twats are and losing us the chance of taking over the arena are.
Spell out your question properly and I will answer it. I am not like you. I don't answer a question with another question or false information.What's the implications of that? Guess you missed the question which is why you swerved it.
The council loaned them £14m when, given the sale price, ACL was worth less than £6m. Why not loan then £15m, sell the lease extension then you have ACL worth far more than the loan.
Or Higgs give ACL a bridging loan knowing a sale is imminent and they'll get their money straight back.
And without ACL and the lease that would have meant no money secured on it.Unencumbered as I understand it meant without ACL and its lease. Complicated and expensive to achieve and even Fisher told me it was just not possible
I was pointing out to compare people who sponsor Wasps as a rugby team and CCFC as a football team so it was like for like.
Both will probably have more sponsors and partners than you have listed anyway. I was just pointing out that somehow you managed to miss a massive blue image with a Nike tick on when listing CCFC's
Spell out your question properly and I will answer it. I am not like you. I don't answer a question with another question or false information.
And without ACL and the lease that would have meant no money secured on it.
Would you say that they used this approach just to bring the price down or were they after just that OSB?
What phrase? The one from Fisher that you said came from Lucas?You bought up the phrase I am just asking your interpretation of it it's hardly difficult.
At that time the stance tied in with distressing ACL they were demanding something that they and others knew couldn't be achieved
We had returned to the Ricoh at the point the council agreed to sell to Wasps and extend the lease.
Are you happy to agree that you was wrong when you said it was Lucas that used the words now?Indeed. It's such strange and specific terminology to use.
Are you happy to agree that you was wrong when you said it was Lucas that used the words now?
Nope
Coventry City: Council 'open to Ricoh Arena freehold bids' - BBC News
How about are you happy to admit the offer to Higgs was £2 million not a £1 million donation to charity?
So are you saying that Lucas used the phrase first or was it a reply to Fisher?Nope
Coventry City: Council 'open to Ricoh Arena freehold bids' - BBC News
How about are you happy to admit the offer to Higgs was £2 million not a £1 million donation to charity?
So are you saying that Lucas used the phrase first or was it a reply to Fisher?
No wonder I have you blocked.
You haven't got me blocked as you are responding to me
Remind me how much was the offer for the Higgs share?
You are blocked. I am clicking on see blocked messages. Otherwise I only see replies to the crap you come out with but not the crap you come out with.You haven't got me blocked as you are responding to me
Remind me how much was the offer for the Higgs share?
You haven't got me blocked as you are responding to me
Remind me how much was the offer for the Higgs share?
He likes asking questions but not answering them.You like questions. Did SISU offer more than you or they thought it was worth solely because ACL was a charity? Did events prove you and Joy/ SISU both wrong?
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?