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Higgs have legal clauses inserted to block CCFC and back Wasps only (1 Viewer)

  • Thread starter AFCCOVENTRY
  • Start date Jun 9, 2016
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I was eleven in 87

Well-Known Member
  • Jun 9, 2016
  • #211
Nick said:
Tenner says they knew about it and knew the csf / wasps offers were just a front.
Click to expand...
Am I reading this wrong but even with this clause, they can still negotiate having the academy it just can't be a tenure for more than 7 years. After say 5-6 years could a new further lease be negotiated?
 
L

luwalla

Well-Known Member
  • Jun 9, 2016
  • #212
If SISU disnt k ow about this clause then they need to find a better legal team!
 
Reactions: Brylowes, skybluetony176 and martcov

clint van damme

Well-Known Member
  • Jun 9, 2016
  • #213
martcov said:
Imagine explaining the current situation to your investors....
Click to expand...
exactly, their reputation must have already took at battering.
 

skybluetony176

Well-Known Member
  • Jun 9, 2016
  • #214
clint van damme said:
people think SISU are just going to hand the club over to wasps and walk away, you couldn't make it up.
Imagine explaining that to your investors.
Click to expand...

I can't imagine that they're having an easy time explaining any of this to investors. They've battered no one in court and took a battering themselves. They have been out played in their own game repeatedly and when they did put money in to try and gain premier league status their choice of people they trusted with that investment were less than inadequate.

I can't imagine for one moment that CCFC sits at the top of any of SISU's investment portfolios. It's probably hidden somewhere in the middle and they quickly skip past it mumbling something incoherent before quickly changing the subject.
 
Reactions: colin101, Blueandwhites and martcov
D

dongonzalos

Well-Known Member
  • Jun 9, 2016
  • #215
Nick said:
And why would Wasps do that? Hand over something making losses, in return for a share of those losses.
Click to expand...

CCFC will be run by the people who own ACL. In the championship
One guess why they would do it.
 
M

martcov

Well-Known Member
  • Jun 9, 2016
  • #216
Nick said:
Yes, the club being ruined is nigh. Meanwhile fans can be happy that SISU have been done over, but our club is ruined.

Very strange.
Click to expand...

Can think of nothing else remotely positive in this. So, SISU suffering for steering us up shit creek without a paddle is indeed the only thing to be happy about. The rest is an unbelievable catastrophy.
 

Ian1779

Well-Known Member
  • Jun 9, 2016
  • #217
dongonzalos said:
CCFC will be run by the people who own ACL. In the championship
One guess why they would do it.
Click to expand...

Well that will be something to look forward to, seeing what a fucking superb job they did of the last thing they had to run.
 

Nick

Administrator
  • Jun 9, 2016
  • #218
dongonzalos said:
CCFC will be run by the people who own ACL. In the championship
One guess why they would do it.
Click to expand...

Yeah, but you were going on about us playing an away fixture against Nuneaton in League 2 weren't you as well?
 
D

dongonzalos

Well-Known Member
  • Jun 9, 2016
  • #219
Nick said:
Yeah, but you were going on about us playing an away fixture against Nuneaton in League 2 weren't you as well?
Click to expand...

At this point in this debate, no I wasn't or do you mean when we were fighting relegation from division 3 to division 4?
 
D

dongonzalos

Well-Known Member
  • Jun 9, 2016
  • #220
Ian1779 said:
Well that will be something to look forward to, seeing what a fucking superb job they did of the last thing they had to run.
Click to expand...

Wasps?
 
D

dongonzalos

Well-Known Member
  • Jun 9, 2016
  • #221
Grendel said:
Because he's a pompous obnoxious prick that's why.
Click to expand...

Sorry Nick maybe I was right first time round with abuse line
 

Nick

Administrator
  • Jun 9, 2016
  • #222
dongonzalos said:
Sorry Nick maybe I was right first time round with abuse line
Click to expand...

What him abusing or being abused?
 
D

dongonzalos

Well-Known Member
  • Jun 9, 2016
  • #223
If it is true that Wasps don't want SISU at the Ricoh.
If it is true that they don't want them at the academy
If SISU were lying about building their own stadium and they can't afford it or won't pay for it.
If I were them I can genuinely only see one option.
Get the team into the championship so Wasps see the potential success achieves with the fan base.
Then offer the Golden share as an investment into a business ran by the people bankrolling Wasps and they run it as a joint venture at the Ricoh.
SISU negotiate staged returns on their investment and hope to god Wasps can get CCFC into the premiership.
I struggle to see any other solution if the start of this thread is correct of course
 
D

dongonzalos

Well-Known Member
  • Jun 9, 2016
  • #224
Nick said:
What him abusing or being abused?
Click to expand...

He has just been called a pompous prick
So I would suggest he is getting abused
 

RegTheDonk

Well-Known Member
  • Jun 9, 2016
  • #225
I was eleven in 87 said:
Am I reading this wrong but even with this clause, they can still negotiate having the academy it just can't be a tenure for more than 7 years. After say 5-6 years could a new further lease be negotiated?
Click to expand...
Dunno mate, on the face of it you would think that was the case. However, they surely wouldn't bring it up if there wasn't a reason that causes some distress to the club/SISU.

Maybe the FA have some kind of rule that says you must have a 10 year tenancy or summit?
 

Ian1779

Well-Known Member
  • Jun 9, 2016
  • #226
dongonzalos said:
Wasps?
Click to expand...

So ACL run Wasps do they??

I was referring to the Ricoh prior to the sell out to a franchise.
 

Nick

Administrator
  • Jun 9, 2016
  • #227
dongonzalos said:
He has just been called a pompous prick
So I would suggest he is getting abused
Click to expand...

I am sure he has said much worse.
 
D

dongonzalos

Well-Known Member
  • Jun 9, 2016
  • #228
Nick said:
I am sure he has said much worse.
Click to expand...
Has he?
 
D

dongonzalos

Well-Known Member
  • Jun 9, 2016
  • #229
Ian1779 said:
So ACL run Wasps do they??

I was referring to the Ricoh prior to the sell out to a franchise.
Click to expand...

But you replied to my comment which said the football club would be run by the people who own ACL?
 

Ian1779

Well-Known Member
  • Jun 9, 2016
  • #230
dongonzalos said:
But you replied to my comment which said the football club would be run by the people who own ACL?
Click to expand...
Yes I did. What I'm saying is that why would people be happy with ACL running a complex beast like a football club? They fucked up running a stadium before (despite people telling us to the contrary) and have no experience at all as they don't run Wasps.

Plus they have shown they have even less morals than SISU - and that takes some beating.
 
Reactions: dongonzalos

Nick

Administrator
  • Jun 9, 2016
  • #231
dongonzalos said:
Has he?
Click to expand...

Yep.
 
D

dongonzalos

Well-Known Member
  • Jun 9, 2016
  • #232
Nick said:
Yep.
Click to expand...

I will take your word for it then.
If you give it you should take it
In my book
 
D

dongonzalos

Well-Known Member
  • Jun 9, 2016
  • #233
Ian1779 said:
Yes I did. What I'm saying is that why would people be happy with ACL running a complex beast like a football club? They fucked up running a stadium before (despite people telling us to the contrary) and have no experience at all as they don't run Wasps.

Plus they have shown they have even less morals than SISU - and that takes some beating.
Click to expand...

Like your last line
 
O

oldfiver

Well-Known Member
  • Jun 9, 2016
  • #234
AFCCOVENTRY said:
Wasps have been telling porkies in there statements. You are right..they very well know what the deal is with the Higgs centre and legal clauses. Otherwise why spend money on developing plans for a £7m facility?

This whole debacle is shocking.

Wasps are working with Higgs and the council to kill CCFC.
Click to expand...

The Alan Higgs Centre
Allard Way CV3 1HW
Located in the South East of Coventry. The Centre opened in 2004, and it specialises in providing football, outdoor sports facilities and nature activities.

http://covsf.com/csf/centres/ahc
 
O

oldfiver

Well-Known Member
  • Jun 9, 2016
  • #235
chiefdave said:
Or even comparing a football club against a car manufacturer.
Click to expand...

Steel manufacturer who is closing down in UK while we subsidise other parts of the group!
 
O

oldfiver

Well-Known Member
  • Jun 9, 2016
  • #236
clint van damme said:
is it possible to liquidate the club and then put it up for sale?
Click to expand...

Liquidation means sale of assets
 
O

oldfiver

Well-Known Member
  • Jun 9, 2016
  • #237
dongonzalos said:
The idea of the other poll was to try and either get a compromise or force Wasps to admit they don't want us if that is the case.
From what PWKH is saying on here there is no compromise regarding the academy and as he used to do on here before he got too much abuse, telling us exactly what he thinks.
So you can do a poll if you like but I suggest you choose a different question.
Click to expand...

Whose land is this? I thought CCC's are there covenants on it as with BPA?
 

Ian1779

Well-Known Member
  • Jun 9, 2016
  • #238
oldfiver said:
Liquidation means sale of assets
Click to expand...

This will simply not happen IMO - liquidation would mean instant revoking of golden share. And whilst it doesn't have a monetary value itself, it is really the only 'asset' the club has.
 

SkyBlue_Bear83

Well-Known Member
  • Jun 9, 2016
  • #239
Bunch of cunts
 

SkyBlue_Bear83

Well-Known Member
  • Jun 9, 2016
  • #240
SISU don't give a shit about how much damage CCC, Higgs and Wasps do to the club. These people aren't hurting SISU they are hurting the football club. They will hold onto the club while legal action is ongoing, once they've got no more appeals left they will probably liquidate us.
 
Reactions: COVKIDSNEVERQUIT

Hobo

Well-Known Member
  • Jun 9, 2016
  • #241
Nick said:
I am sure he has said much worse.
Click to expand...
That's makes the abuse he received okay then? Perhaps you should have an abuse given count so we all know who it is okay in your book to give abuse to?
 

Grendel

Well-Known Member
  • Jun 9, 2016
  • #242
Hobo said:
That's makes the abuse he received okay then? Perhaps you should have an abuse given count so we all know who it is okay in your book to give abuse to?
Click to expand...

Seppella and fisher I would think have has more abuse on here that the self satisfied Peter Wyndham Knatchbull-hugerson.

Please don't try and defend him on here.
 

Grendel

Well-Known Member
  • Jun 9, 2016
  • #243
dongonzalos said:
He has just been called a pompous prick
So I would suggest he is getting abused
Click to expand...

Not by the standards he sets himself it isn't.
 

stupot07

Well-Known Member
  • Jun 9, 2016
  • #244
asiaskyblues said:
And we came out when?

SISU had to go by the FA's agreement and one of the agreements was they wouldn't take us into administration or liquidate us.
Click to expand...
Sorry but you're wrong, we were already in administration. You're making this up.

Sent from my SM-G930F using Tapatalk
 
Reactions: torchomatic

stupot07

Well-Known Member
  • Jun 9, 2016
  • #245
dongonzalos said:
Hang on, a minute a go you and Nick liked a post from Grendel suggestion this is all about forcing a change of ownership.
If it's not Wasps then who.
I would still approach Wasps if I was SISU and offer the golden share in exchange for a share in business as a silent partner.
Click to expand...
ABS - Anyone But Sisu

The last bit is laughable. Wasps ain't interested.

Sent from my SM-G930F using Tapatalk
 
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