ccfcway
Well-Known Member
I assume that cant be the bit that SISU wanted "out in the open" so all fans could judge
@TheSimonGilbert: Court hears CBRE valuation of ACL was £19.5m with £1.2m rent per annum and £6.4m with no rent.
Just because the Judge appears to be being harsh to the SISU QC, I wouldn't take bets on the outcome of the case yet. It's just as likely he'll tear apart any flaws he sees in the Council QC's argument. I sense it's just what Judges like to do.
Sorry to be pedantic but CW is an ex-Acl director.
Are you sure? Martin Reeves is ex- from Feb this year but I think CW is still on the board.
Current list is:
Mr Peter Wyndham Knatchbull-Hugessen
19 Dec 2003 — Present (10 years, 5 months, 22 days)
Ms Marilyn Freda Knatchbull Hugessen
27 Jan 2006 — Present (8 years, 4 months, 14 days)
Mr Christopher Thornby West
28 Sep 2007 — Present (6 years, 8 months, 12 days)
Mr Paul Harris
01 Sep 2011 — Present (2 years, 9 months, 9 days)
Mr Richard Edward Moon
29 Jan 2014 — Present (4 months, 12 days)
Mr Christopher Peter Robinson
30 Jan 2014 — Present (4 months, 11 days)
i assume that cant be the bit that sisu wanted "out in the open" so all fans could judge
They have: a video of Cllr Mutton chanting 'We Want SISU Out' along with 10,000* others, including me and Scam Jnr
Disclaimer: *obviously Grendull or RFC weren't chanting this
Are you sure? Martin Reeves is ex- from Feb this year but I think CW is still on the board.
Current list is:
Mr Peter Wyndham Knatchbull-Hugessen
19 Dec 2003 — Present (10 years, 5 months, 22 days)
Ms Marilyn Freda Knatchbull Hugessen
27 Jan 2006 — Present (8 years, 4 months, 14 days)
Mr Christopher Thornby West
28 Sep 2007 — Present (6 years, 8 months, 12 days)
Mr Paul Harris
01 Sep 2011 — Present (2 years, 9 months, 9 days)
Mr Richard Edward Moon
29 Jan 2014 — Present (4 months, 12 days)
Mr Christopher Peter Robinson
30 Jan 2014 — Present (4 months, 11 days)
Useful that you've pulled out this. In Keith Perry's CT article today
Sisu are claiming the council’s decision to make the loan (to be repaid over 40 years) was irrational and motivated by a desire to “drive Sisu out of Coventry and force Sisu to sell to new owners”.
The conspiracy argument was also made in last month’s Higgs v Sisu court case and rejected by the judge as “misplaced”.
Quite serious to misquote a judge. He did not say that claims the council were involved in a conspiracy were misplaced.
Hopefully the Cov Tel will correct this as it is very serious to misrepresent a High Court judge. They don't tend to like that kind of thing
Away from the High Court, former Sky Blues keeper Chris Dunn has signed for Cambridge
What is he studying?
@TheSimonGilbert: Court hears CBRE valuation of ACL was £19.5m with £1.2m rent per annum and £6.4m with no rent.
Emails from ACL director Mr Harris suggest council finance officer Chris West misunderstood implications of council buying ACL's loan.
Mr Harris seemed concerned in emails this meant councillors would not be properly briefed about outcome of taking over ACL loan.
Useful that you've pulled out this. In Keith Perry's CT article today
Sisu are claiming the council’s decision to make the loan (to be repaid over 40 years) was irrational and motivated by a desire to “drive Sisu out of Coventry and force Sisu to sell to new owners”.
The conspiracy argument was also made in last month’s Higgs v Sisu court case and rejected by the judge as “misplaced”.
Quite serious to misquote a judge. He did not say that claims the council were involved in a conspiracy were misplaced.
Hopefully the Cov Tel will correct this as it is very serious to misrepresent a High Court judge. They don't tend to like that kind of thing
As for negotiation on all possible routes back to the Ricoh, forgive me Rob but the impression I've got of your side of the campaign has been more about pushing the Council to sell either the freehold or long leasehold.
From our original petition back in Oct 2013:
'This independent campaign is not “pro-Sisu”, but recognises all parties must urgently resume talks over stadium revenues and ownership – not simply a return to having the club as tenants.
Many fans believe whoever owns the club should own the stadium to help maximise crucial club revenues – and that selling the Ricoh Arena to the current owners could represent the best possibility of a Sisu exit strategy.
We therefore say the council should not exclude from negotiations selling the stadium – on a freehold or leasehold arrangement – to the club’s legal and rightful owners, whoever they may be.'
We were very particular about our wording. We were calling for negotiations and said they should not exclude freehold & leasehold.
Of course a few strange people have tried to misrepresent that as anything from 'giving the stadium to Sisu' to 'selling it on the cheap' when we only called for negotiations. We still are, and many people agree. Any reasonable alternatives to offer?
From our original petition back in Oct 2013:
'This independent campaign is not “pro-Sisu”, but recognises all parties must urgently resume talks over stadium revenues and ownership – not simply a return to having the club as tenants.
Many fans believe whoever owns the club should own the stadium to help maximise crucial club revenues – and that selling the Ricoh Arena to the current owners could represent the best possibility of a Sisu exit strategy.
We therefore say the council should not exclude from negotiations selling the stadium – on a freehold or leasehold arrangement – to the club’s legal and rightful owners, whoever they may be.'
We were very particular about our wording. We were calling for negotiations and said they should not exclude freehold & leasehold.
Of course a few strange people have tried to misrepresent that as anything from 'giving the stadium to Sisu' to 'selling it on the cheap' when we only called for negotiations. We still are, and many people agree. Any reasonable alternatives to offer?
From our original petition back in Oct 2013:
'This independent campaign is not “pro-Sisu”, but recognises all parties must urgently resume talks over stadium revenues and ownership – not simply a return to having the club as tenants.
Many fans believe whoever owns the club should own the stadium to help maximise crucial club revenues – and that selling the Ricoh Arena to the current owners could represent the best possibility of a Sisu exit strategy.
We therefore say the council should not exclude from negotiations selling the stadium – on a freehold or leasehold arrangement – to the club’s legal and rightful owners, whoever they may be.'
We were very particular about our wording. We were calling for negotiations and said they should not exclude freehold & leasehold.
Of course a few strange people have tried to misrepresent that as anything from 'giving the stadium to Sisu' to 'selling it on the cheap' when we only called for negotiations. We still are, and many people agree. Any reasonable alternatives to offer?
But he did say that the trustees weren't involved in a conspiracy, didn't he, which shot down a fair part of SISU's case. It also leaves it a bit light on the conspiracy argument, leaving ACL as the only other possible party, who of course are 50% council-owned.
And again, there's no way to force SISU to sell up - unless they don't pay the rent. No one can 'force' them to do that.
From our original petition back in Oct 2013:
'This independent campaign is not “pro-Sisu”, but recognises all parties must urgently resume talks over stadium revenues and ownership – not simply a return to having the club as tenants.
Many fans believe whoever owns the club should own the stadium to help maximise crucial club revenues – and that selling the Ricoh Arena to the current owners could represent the best possibility of a Sisu exit strategy.
We therefore say the council should not exclude from negotiations selling the stadium – on a freehold or leasehold arrangement – to the club’s legal and rightful owners, whoever they may be.'
We were very particular about our wording. We were calling for negotiations and said they should not exclude freehold & leasehold.
Of course a few strange people have tried to misrepresent that as anything from 'giving the stadium to Sisu' to 'selling it on the cheap' when we only called for negotiations. We still are, and many people agree. Any reasonable alternatives to offer?
@TheSimonGilbert: Court hears CBRE valuation of ACL was £19.5m with £1.2m rent per annum and £6.4m with no rent.
now we see SISU's game!!
The article has been corrected so there you go (& fair play to the CT).
Don't forget that Paul Harris said that he had assurances from Chris West that Sisu were aware of what was going on.
BTW, I'm not giving any favour to Sisu's conspiracy story, just pointing out inconsistencies in reporting. It's up to Sisu's legal team (all 300 of them) to make that case and we'll see how that goes. Evidence required!
The article has been corrected so there you go (& fair play to the CT).
Don't forget that Paul Harris said that he had assurances from Chris West that Sisu were aware of what was going on.
BTW, I'm not giving any favour to Sisu's conspiracy story, just pointing out inconsistencies in reporting. It's up to Sisu's legal team (all 300 of them) to make that case and we'll see how that goes. Evidence required!
Yes. Ask SISU to drop the JR and the words "unemcumbered freehold" as a precondition of negotiations.
So have you got it in writing that Sisu would leave the stadium intact with the club, when they exit. Or will the club be paying to service Arvo loans. Which currently stands at 1.8million a year interest only ?
You obviously have in writing something to the contrary then, John?
I think we're a little late for the JR bit.
I don't think there's anything wrong with Sisu going in with 'unencumbered freehold' and the council with 'rent' at the top of their lists as long as as many other options are on the table and can be sensibly negotiated. It's the negotiations that are the most important thing.
No, but he does have common sense in this instance
I think we're a little late for the JR bit.
I don't think there's anything wrong with Sisu going in with 'unencumbered freehold' and the council with 'rent' at the top of their lists as long as as many other options are on the table and can be sensibly negotiated. It's the negotiations that are the most important thing.
I think we're a little late for the JR bit.
I don't think there's anything wrong with Sisu going in with 'unencumbered freehold' and the council with 'rent' at the top of their lists as long as as many other options are on the table and can be sensibly negotiated. It's the negotiations that are the most important thing.
In truth though Rob, there was never any pressure from your campaign on SISU to talk about a rent deal, was there? You focused solely on the council, from what I saw.
And indeed it seemed to fail to recognise that whilst the very court case which you are watching now was threatened, it would be difficult to expect anyone from the Council to discuss anything surrounding it. Is that fair enough?
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