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Judicial review day 3 - judgement day (9 Viewers)

  • Thread starter AFCCOVENTRY
  • Start date Jun 12, 2014
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ccfcway

Well-Known Member
  • Jun 12, 2014
  • #351
kmj5000 said:
What's that got to do with illegal financial assistance excactly?
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nothing, as a lot of this hasn't. just setting up to make CCC / ACL look like the bad guys
 

Sub

Well-Known Member
  • Jun 12, 2014
  • #352
Sisu QC challenging council QC’s valuation of ACL.
 

shmmeee

Well-Known Member
  • Jun 12, 2014
  • #353
Deleted member 5849 said:
Herbert Art Gallery is a Trust isn't it?

Also, a fine example for a rant about government funding things based on economic rather than social considerations, as their funding from local givernment has been slashed to an inch of its life!
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I think everyone's funding has been slashed to be fair, though I can't speak highly enough of the Herbert personally and agree with your point. That's what you get in a country run by bean counters quite frankly.
 

oldskyblue58

CCFC Finance Director
  • Jun 12, 2014
  • #354
Has the claim of irrationality actually been accepted as grounds to bring this case?

I still think the need to notify the EC or not is what must be proven by either side to win the argument. I am not sure it is as clear cut as some are making it. Seems very little evidence produced on this.

The private investor test is an area that may give the Judge something to think about. It has never been tested in Court before and therefore no previous case law to refer to. In effect his judgement will set the standard and he might want to take extra care in making his decision. So we may not get a judgement this week
 
D

Deleted member 5849

Guest
  • Jun 12, 2014
  • #355
shmmeee said:
I think everyone's funding has been slashed to be fair, though I can't speak highly enough of the Herbert personally and agree with your point. That's what you get in a country run by bean counters quite frankly.
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It has. Heritage is a soft target though. Despite not having a big proportion of the budget, it's an easy thing to cut horribly and then point to as an example of how they're keeping hospitals and schools open (conveniently forgetting the ways somewhere like the Herbert can work with schools, and take a small amount of pressure off them, too).

Even though their budget is insignificant compared to those.

And culture is what defines us from the savages!
 
G

Godiva

Well-Known Member
  • Jun 12, 2014
  • #356
fernandopartridge said:
Thanks. In fairness I buy things under the block exemption and don't lend money to my pet companies.

I'll take my 'expertise' elsewhere!
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You know, people keep asking for the smoking gun. This could actually be it.
 

Nick

Administrator
  • Jun 12, 2014
  • #357
shmmeee said:
I think everyone's funding has been slashed to be fair, though I can't speak highly enough of the Herbert personally and agree with your point. That's what you get in a country run by bean counters quite frankly.
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I went to the Herbert once to a dinosaur "exhibition", think I spent about £35 - £40 for 3 of us and got in there and there were 4 plastic dinosaurs. Awful!
 

Sub

Well-Known Member
  • Jun 12, 2014
  • #358
Simon Gilbert@TheSimonGilbert · 12s Sisu QC says ARVO has invested over £50m into Coventry City since 2008.
 

RegTheDonk

Well-Known Member
  • Jun 12, 2014
  • #359
Rob S said:
And Michael Byng enters the room.
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Was his train late?
 
D

Deleted member 5849

Guest
  • Jun 12, 2014
  • #360
Nick said:
I went to the Herbert once to a dinosaur "exhibition", think I spent about £35 - £40 for 3 of us and got in there and there were 4 plastic dinosaurs. Awful!
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Government expects places like the Herbert to pay its way, but won't allow it to spend money on risk.

So it's stuck between being limited in what it can do, and being ordered to try and make a return on that with one hand tied behind its back; the worst of all worlds!
 

shmmeee

Well-Known Member
  • Jun 12, 2014
  • #361
Deleted member 5849 said:
It has. Heritage is a soft target though. Despite not having a big proportion of the budget, it's an easy thing to cut horribly and then point to as an example of how they're keeping hospitals and schools open (conveniently forgetting the ways somewhere like the Herbert can work with schools, and take a small amount of pressure off them, too).
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Irony is, speak to any teacher or hospital worker and they'll tell you their funding has been slashed too, so it's not even for a noble cause. Not to mention, as you said, a more cultured society needs less formal education, less healthcare and less policing.


And culture is what defines us from the savages!
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Got to be the right culture. Good British culture, none of these one legged lesbian art installations made of poo. And there we have the issue with arts funding in a nutshell.
 

Sub

Well-Known Member
  • Jun 12, 2014
  • #362
Sub said:
Simon Gilbert@TheSimonGilbert · 12s Sisu QC says ARVO has invested over £50m into Coventry City since 2008.
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yet we are still nearly 70m in debt ? is that right ?
 

Sky Blues

Active Member
  • Jun 12, 2014
  • #363
Sub said:
Sisu QC says council’s Chris West said “hell would freeze over” before Sisu got a stake in the stadium.

Judge puts it to Sisu QC that: “Sisu at all times was insisting on having a stake in the stadium.” Says Sisu was only interested in a deal that included share in the Ricoh.

Sisu QC says Sisu would have done a deal that included a share in matchday revenues. He says Coventry City paid the highest rent but also got the lowest share of revenues - nothing
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I wonder if he also told the court the club sold the rights to a share of the revenue?
 

shmmeee

Well-Known Member
  • Jun 12, 2014
  • #364
Nick said:
I went to the Herbert once to a dinosaur "exhibition", think I spent about £35 - £40 for 3 of us and got in there and there were 4 plastic dinosaurs. Awful!
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Anywhere that gets my 4 year old into art (and is open on a rainy day) is OK by me. I don't really do the exhibitions to be fair.
 

Sub

Well-Known Member
  • Jun 12, 2014
  • #365
There’s a flurry of activity as lawyers flick through their many ringbinders when the QC refers to a new document.
ARVO is the investment vehicle used to put money into the club since 2008, which Sisu QC says now totals more than £50m.
 

duffer

Well-Known Member
  • Jun 12, 2014
  • #366
Do the Council/ACL QC's get to rebut SISU's rebuttal? This could go on a while yet.
 

shmmeee

Well-Known Member
  • Jun 12, 2014
  • #367
duffer said:
Do the Council/ACL QC's get to rebut SISU's rebuttal? This could go on a while yet.
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We're not getting a decision today are we? Was that confirmed?
 
G

Godiva

Well-Known Member
  • Jun 12, 2014
  • #368
Sub said:
Simon Gilbert@TheSimonGilbert · 12s Sisu QC says ARVO has invested over £50m into Coventry City since 2008.
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In that case ARVO is the same as the 5 funds who brought in the initial loans. Is he saying is was ARVO all the way?
 

duffer

Well-Known Member
  • Jun 12, 2014
  • #369
Nick said:
I went to the Herbert once to a dinosaur "exhibition", think I spent about £35 - £40 for 3 of us and got in there and there were 4 plastic dinosaurs. Awful!
Click to expand...

Do you have to pay to get into the Herbert? I'm sure I'd never have gone if you did. I think you probably went into McDonalds by mistake.
 

shmmeee

Well-Known Member
  • Jun 12, 2014
  • #370
duffer said:
Do you have to pay to get into the Herbert? I'm sure I'd never have gone if you did. I think you probably went into McDonalds by mistake.
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As this has turned into MumsNet, anyone been to ThinkTank in Birmingham? Was thinking of taking the little one.
 

ccfcway

Well-Known Member
  • Jun 12, 2014
  • #371
when is a line drawn under this, do CCC get a chance to respond, or can only SISU ?
 
H

Houdi

Well-Known Member
  • Jun 12, 2014
  • #372
Godiva said:
Well, the money is given to a stadium management company.
The stadium is used for international matches - the Olympics in 2012 for instance.
So in theory the Ricoh could be competing with other venues within the EU.

Council QC did his best to blur this, but saying Coventry isn't metropolitan like Copenhagen may not be enough.
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So are you saying that the matches held at the RIcoh during the London Olympics could have possibly been held at the Parken Stadium in Copenhagen?
 

fernandopartridge

Well-Known Member
  • Jun 12, 2014
  • #373
The prudential borrowing increased the council's exposure by 155% from 12/13 according to their website. Wonder what the original £9m was for.
 

Sub

Well-Known Member
  • Jun 12, 2014
  • #374
Simon Gilbert@TheSimonGilbert · 53s Now it's the Sisu QC's turn to pick apart case law. Copenhagen, Italy v WAM coming up again.
 

AFCCOVENTRY

Well-Known Member
  • Jun 12, 2014
  • #375
@TheSimonGilbert: Now it's the Sisu QC's turn to pick apart case law. Copenhagen, Italy v WAM coming up again.
 

ccfcway

Well-Known Member
  • Jun 12, 2014
  • #376
fernandopartridge said:
The prudential borrowing increased the council's exposure by 155% from 12/13 according to their website. Wonder what the original £9m was for.
Click to expand...

prob court cases v SISU
 

Nick

Administrator
  • Jun 12, 2014
  • #377
shmmeee said:
As this has turned into MumsNet, anyone been to ThinkTank in Birmingham? Was thinking of taking the little one.
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Sack it and go to London! Natural history is much better!
 

Rob S

Well-Known Member
  • Jun 12, 2014
  • #378
Oo...could be coming to he end. Just one final bit added into the end of Sisu QC's by legal team
 

torchomatic

Well-Known Member
  • Jun 12, 2014
  • #379
Me too. Galleries, museums and libraries are "where it's at". Or at least it should be but we are the easy target when it comes to cuts. It's starting to happen in Staffordshire now.

shmmeee said:
Anywhere that gets my 4 year old into art (and is open on a rainy day) is OK by me. I don't really do the exhibitions to be fair.
Click to expand...
 

shmmeee

Well-Known Member
  • Jun 12, 2014
  • #380
Houdi said:
So are you saying that the matches held at the RIcoh during the London Olympics could have possibly been held at the Parken Stadium in Copenhagen?
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Wouldn't the Heineken Cup game count as a European competition?
 

ccfcway

Well-Known Member
  • Jun 12, 2014
  • #381
any sign of the 4th official holding up the board for how long left ?

anyone whistling for the final whistle ?

anyone walked out yet to miss the traffic ?
 

Rob S

Well-Known Member
  • Jun 12, 2014
  • #382
And he's done!
 

duffer

Well-Known Member
  • Jun 12, 2014
  • #383
shmmeee said:
Dude. The name of the account is Les Reid Politics. It's obviously a professional account. And again, even if it is a personal account, he was dealing with customers. I'm often found on personal accounts by people I have a professional relationship to, or who would impact my professional standing, I'm self aware enough to not speak to them like shit no matter what I think of them. And mate, check the news, people are sent to jail for things they say on Twitter.


Edit: dammit! You got me. Sorry ccfcway. I'm staying out of it.
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Mate, he didn't say anything illegal - or even as I can recall particularly rude. I fell out with him on twitter too, but I don't remember him calling me names. Anyway, agreed, an argument for a different place perhaps.
 

Sub

Well-Known Member
  • Jun 12, 2014
  • #384
Simon Gilbert@TheSimonGilbert · now Australian dentists brought up by Sisu QC. Easy case law / pulling teeth analogy here...
 

Rob S

Well-Known Member
  • Jun 12, 2014
  • #385
Judge hoping to hand down judgment week of 30th June!
 
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