IT could have been so simple

Discussion in 'Coventry City General Chat' started by covboy1987, May 17, 2019 at 9:16 AM.

  1. covboy1987

    covboy1987 Active Member

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    It could have been so simple a deal such as below -the three main points of Swansea city new agreement with Swansea council - there are massive similarities in CCFC and SCFC with council involvement
    Putting aside that Swansea council built and paid for the liberty stadium and only asked for rental income till now - the new deal has the following points -

    Point (3) Allow the Ospreys Rugby to continue playing at the stadium on a long-term lease

    As part of the new agreement, the football club would have sole control of SSMC and the stadium moving forward. The agreement would also:

    * Allow the council to begin receiving direct revenue from the stadium for the first time ever through guaranteed rental payments

    * Give the Swans the ability to control its own destiny and stay competitive with other Premier League clubs by tapping into new revenue streams at the stadium

    * Allow the Ospreys to continue playing at the stadium on a long-term lease
     
  2. wingy

    wingy Well-Known Member

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    Were any of those arrangements ever referred to the EC Competition /State Aid etc?
    Genuine question?
     
  3. covboy1987

    covboy1987 Active Member

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    havent a clue
     
  4. Magwitch

    Magwitch Well-Known Member

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    Shouldn’t be that difficult to find out, perhaps a job for Mr Gilbert to get his teeth into.
     
  5. skybluetony176

    skybluetony176 Well-Known Member

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    Yes. But I don’t believe it amounted to anything. Which doesn’t bode well for SISU’s claim as A) Wasps handed actual money over B) The debt to the taxpayer has been settled and C) that means (at least as far as I can tell anyway) it hasn’t cost the taxpayer anything unlike the Swansea case.
    Stadium aid complaints probed by EU
     
  6. Esoterica

    Esoterica Well-Known Member

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    Even less reason for Wasps to call off talks then.
     
  7. skybluetony176

    skybluetony176 Well-Known Member

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    If they’re being sensible yes.
     
  8. skyblue1991

    skyblue1991 Well-Known Member

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    One big difference :

    Swansea City Council want Swansea City FC in Swansea. CCC do not want CCFC i. Coventry or else they wouldn't have sold the stadium made for the club to a fucking Rugby team from London!

    Sent from my G8441 using Tapatalk
     

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