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Just let it happen (Help if you can) (1 Viewer)

  • Thread starter italiahorse
  • Start date Jun 5, 2016
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italiahorse

Well-Known Member
  • Jun 6, 2016
  • #246
Deleted member 5849 said:
If that were the case, that in itself would put the wind up Wasps...
Click to expand...

The move would further stress CCFC and help Wasps. They just need to wait as CCFC gets further devalued.
 
D

Deleted member 5849

Guest
  • Jun 6, 2016
  • #247
italiahorse said:
The move would further stress CCFC and help Wasps.
Click to expand...

Not necessarily...
 

Nick

Administrator
  • Jun 6, 2016
  • #248
italiahorse said:
They just need to wait as CCFC gets further devalued.
Click to expand...

Just like people get outraged about SISU doing to ACL you mean?
 

italiahorse

Well-Known Member
  • Jun 6, 2016
  • #249
Nick said:
And the whole of Coventry will be forced to think it was all down to Tim Fisher!
Click to expand...

Exactly.
OSB58 post is a slight variation on the OP but with a third party buying up CCFC instead of Wasps.
However, I will stick with my theory of Wasps buying us and just keep us ticking over at cost neutral for a few years.
 

Nick

Administrator
  • Jun 6, 2016
  • #250
italiahorse said:
Exactly.
OSB58 post is a slight variation on the OP but with a third party buying up CCFC instead of Wasps.
However, I will stick with my theory of Wasps buying us and just keep us ticking over at cost neutral for a few years.
Click to expand...

So we should actively help get rid of a hedge fund because they tried to distress a company, moved a sports team and don't invest and try to run us at cost neutral that we hate to help bring in a hedge fund, who distressed the football team to take us over, who moved a sports team and would run us at cost neutral.

I don't get it?
 
Reactions: torchomatic

italiahorse

Well-Known Member
  • Jun 6, 2016
  • #251
Nick said:
Just like people get outraged about SISU doing to ACL you mean?
Click to expand...

Yes, but not exactly. The losers would be Sisu not the council/ACL
 

Nick

Administrator
  • Jun 6, 2016
  • #252
italiahorse said:
Yes, but not exactly. The losers would be Sisu not the council/ACL
Click to expand...

Surely it doesn't matter who the loser is? Very strange how you are begging for people to help something happen that you hate SISU for.

All that does is prove the point that you change Wasps for SISU and 1 do something they are heroes, the other do the same thing there's outrage.
 
Reactions: Ian1779, torchomatic and Sick Boy

Grendel

Well-Known Member
  • Jun 6, 2016
  • #253
Astute said:
So you disagree that the white elephant remarks were not aimed at nobody but CCFC being interested in the arena?

Why is it that you won't answer questions with answers but just ask more questions?

The formula price you always mention was never asked for. The 6.5m asked for was when we were still paying rent. And did SISU ever ask for a lease extension?
Click to expand...

With respect I've asked several questions to you which you are ignoring.

I fail to see how asking for a long lease would reduce the offered amount.

I think you are a bit confused.
 

Astute

Well-Known Member
  • Jun 6, 2016
  • #254
Grendel said:
With respect I've asked several questions to you which you are ignoring.

I fail to see how asking for a long lease would reduce the offered amount.

I think you are a bit confused.
Click to expand...
You say that Wasps got a bargain as they asked for a longer lease and got it. But you fail to see something about SISU not asking for a longer lease.
 

Moff

Well-Known Member
  • Jun 6, 2016
  • #255
italiahorse said:
Exactly.
OSB58 post is a slight variation on the OP but with a third party buying up CCFC instead of Wasps.
However, I will stick with my theory of Wasps buying us and just keep us ticking over at cost neutral for a few years.
Click to expand...

So basically your theory is based on no fact, just your opinion.

I think you comparing your post to OSB's is a little wide of the mark. We can all see that if the club is run to the ground, there is a potential for someone to come in and purchase and hopefully revive what is left of the club. It doesn't take a genius to work that out. Its just you seem to be in a percentage of 1 that wants it to be Wasps.

How exactly does Wasps buying us, and keeping us at cost neutral for years, help our situation? It seems to me that what you are saying is you would like one atrocious hedge fund who you like, to replace another atrocious hedge fund who you don't like, as our owners. Forgive me for my unwillingness to jump on-board, I want better for my club, not one group of shits replaced by another.
 
Reactions: The Penguin, Philosoraptor, Kingokings204 and 5 others
G

Godiva

Well-Known Member
  • Jun 6, 2016
  • #256
oldskyblue58 said:
.... That leaves the possibility of a white knight picking up the club for nothing .....
Click to expand...

Ah, you mean Hoffman?
He is very quiet these days.
 
Reactions: The Penguin and torchomatic

torchomatic

Well-Known Member
  • Jun 6, 2016
  • #257
italiahorse said:
Yes, but not exactly. The losers would be Sisu not the council/ACL
Click to expand...
That's the crux of it, isn't it? A view shared by many. Who cares what happens? Who cares if it's being hypocritical? Who cares if it damages the football club as long as SISU get it?

Sent from my P9000 using Tapatalk
 
Reactions: Moff, Sick Boy and Astute

Nick

Administrator
  • Jun 6, 2016
  • #258
torchomatic said:
That's the crux of it, isn't it? A view shared by many. Who cares what happens? Who cares if it's being hypocritical? Who cares if it damages the football club as long as SISU get it?

Sent from my P9000 using Tapatalk
Click to expand...

The same as what;s being said for months about why people support wasps, simply because it isn't sisu.

"What's wrong with somebody trying to get ACL for cheap" - Its SISU
"What's wrong with somebody actually getting ACL for cheap" - Nothing, its wasps

The same as somebody beating up a man but not getting his wallet, then it being fine for the next man to take it.
 
Reactions: Sick Boy, Ian1779 and torchomatic

oldskyblue58

CCFC Finance Director
  • Jun 6, 2016
  • #259
Godiva said:
Ah, you mean Hoffman?
He is very quiet these days.
Click to expand...

Actually I had no one in mind, if anything the thought was a fans backed bid similar to Swansea but I wasn't even suggesting that.

from what I have seen from Mr Hoffman in the past he is not someone I would favour
 
O

oldfiver

Well-Known Member
  • Jun 6, 2016
  • #260
italiahorse said:
No the Sisu "plan" if I recollect is 18,000 with the ability to be extended.
Click to expand...

NO - read what I said

Phil Maynard, Managing Director of Coventry RFC, added:

We have looked at other joint venture models, such as Ashton Gate, which is the home of Bristol City FC and Bristol Rugby Club. We believe the original planning permission for a 13K stadium at the Butts would still hold leverage in future plans to expand.

Read more at http://www.ccfc.co.uk/news/article/...ting-minutes-3132807.aspx#d1oAuif2vQ1KMxlZ.99
 

skybluetony176

Well-Known Member
  • Jun 6, 2016
  • #261
torchomatic said:
That's the crux of it, isn't it? A view shared by many. Who cares what happens? Who cares if it's being hypocritical? Who cares if it damages the football club as long as SISU get it?

Sent from my P9000 using Tapatalk
Click to expand...

I suspect any damage thats coming CCFC's way is inevitable now and is coming wether SISU get it or not. That's the path SISU have set the club on IMO. So if someone is going to get it from damage heading the clubs way regardless it may as well be SISU who get it. I can't think of anyone better myself or more deserving
 

chiefdave

Well-Known Member
  • Jun 6, 2016
  • #262
italiahorse said:
Yes, but not exactly. The losers would be Sisu not the council/ACL
Click to expand...
But if SISU had been successful and the stadium and club been united CCFC would have been the 'winners'. In your plan the only people to benefit are Wasps.
 
Reactions: Sick Boy

italiahorse

Well-Known Member
  • Jun 6, 2016
  • #263
Nick said:
So we should actively help get rid of a hedge fund because they tried to distress a company, moved a sports team and don't invest and try to run us at cost neutral that we hate to help bring in a hedge fund, who distressed the football team to take us over, who moved a sports team and would run us at cost neutral.

I don't get it?
Click to expand...

I'm saying it's going to happen regardless. So I'm saying we need to accelerate it or Sisu will battle on and take us to new lows. I'm not saying I agree with it.
 
S

SkyBlueZack

Well-Known Member
  • Jun 6, 2016
  • #264
Where is your evidence? Or are you just talking shit as per?
 
Reactions: Sick Boy

Grendel

Well-Known Member
  • Jun 6, 2016
  • #265
italiahorse said:
I'm saying it's going to happen regardless. So I'm saying we need to accelerate it or Sisu will battle on and take us to new lows. I'm not saying I agree with it.
Click to expand...

Is it the JLR stadium yet? As you exclusively revealed a year ago?
 
Reactions: martcov

Grendel

Well-Known Member
  • Jun 6, 2016
  • #266
Astute said:
You say that Wasps got a bargain as they asked for a longer lease and got it. But you fail to see something about SISU not asking for a longer lease.
Click to expand...

How could we ask for a longer lease when the share on offer was the Higgs share?

Lease extension lay with the other side.
 

italiahorse

Well-Known Member
  • Jun 6, 2016
  • #267
Grendel said:
Is it the JLR stadium yet? As you exclusively revealed a year ago?
Click to expand...

All in time!!
 

Astute

Well-Known Member
  • Jun 6, 2016
  • #268
Grendel said:
How could we ask for a longer lease when the share on offer was the Higgs share?

Lease extension lay with the other side.
Click to expand...
By negotiating instead of taking the piss. And as we all know SISU refused to negotiate with CCC. So how could they agree to anything?
 

Grendel

Well-Known Member
  • Jun 6, 2016
  • #269
Astute said:
By negotiating instead of taking the piss. And as we all know SISU refused to negotiate with CCC. So how could they agree to anything?
Click to expand...

For goodness sake this is like pulling teeth,

So answer a question - do you think ACL would have had it's value increased at the increase of the lease? Yes or no?
 

Astute

Well-Known Member
  • Jun 6, 2016
  • #270
Grendel said:
For goodness sake this is like pulling teeth,

So answer a question - do you think ACL would have had it's value increased at the increase of the lease? Yes or no?
Click to expand...
It was increased just by someone moving in. And yes it was increased by being extended. And it got extended because they negotiated when SISU refused to.

And I agree yes it is like pulling teeth when year after year you try to spin the same things about CCC trying to make out it was all their fault and not the fault of SISU. They both acted badly.
 
Reactions: martcov and singers_pore

Senior Vick from Alicante

Well-Known Member
  • Jun 6, 2016
  • #271
Sisu will go but on their terms. If the op is in any way correct our owners are spiteful enough to liquidate it's their way of saying if we're not having it your getting less. This has a long way to go yet, they will hold on until all hope of a court victory is over. Their will be nothing left for anyone to pick up when that happens, the club will be destroyed and then Ann and her Wasps friends will have it all to themselves.
 
Reactions: Brylowes and Astute

Grendel

Well-Known Member
  • Jun 6, 2016
  • #272
Astute said:
It was increased just by someone moving in. And yes it was increased by being extended. And it got extended because they negotiated when SISU refused to.

And I agree yes it is like pulling teeth when year after year you try to spin the same things about CCC trying to make out it was all their fault and not the fault of SISU. They both acted badly.
Click to expand...

Right so you agree the lease extension automatically increases the value - good,

So who had the authority to grant a lease extension?
 

Astute

Well-Known Member
  • Jun 6, 2016
  • #273
Grendel said:
Right so you agree the lease extension automatically increases the value - good,

So who had the authority to grant a lease extension?
Click to expand...
Who started this shitfest by not keeping to what was agreed, not paying rent and then taking us to Northampton and leaving the arena empty so Wasps could move in? You should know this as you kept congratulating them on each move knowing nobody else would be interested in the arena.
 
Reactions: singers_pore
O

oldfiver

Well-Known Member
  • Jun 6, 2016
  • #274
Grendel said:
Right so you agree the lease extension automatically increases the value - good,

So who had the authority to grant a lease extension?
Click to expand...

Well obviously the freeholder

A more interesting question is why was it transacted in two stages when agreed at the same point in time?

The "sale" of the extended lease was agreed at the time the sale to WASPs was agreed but as a separate transaction
Why did CCC not agree to extend the lease to ACL THEN sell the enhanced value of ACL to WASPS?
 
Reactions: martcov and Astute

Astute

Well-Known Member
  • Jun 6, 2016
  • #275
oldfiver said:
Well obviously the freeholder

A more interesting question is why was it transacted in two stages when agreed at the same point in time?

The "sale" of the extended lease was agreed at the time the sale to WASPs was agreed but as a separate transaction
Why did CCC not agree to extend the lease to ACL THEN sell the enhanced value of ACL to WASPS?
Click to expand...
Incase Wasps pulled out and left it open for SISU?
 

Grendel

Well-Known Member
  • Jun 6, 2016
  • #276
Astute said:
Incase Wasps pulled out and left it open for SISU?
Click to expand...
Good god your unbelievable - you even liked his post when I was saying the same thing!

Lol.
 
Reactions: Sick Boy

chiefdave

Well-Known Member
  • Jun 6, 2016
  • #277
oldfiver said:
A more interesting question is why was it transacted in two stages when agreed at the same point in time?
Click to expand...

I think CCC think this has allowed them to not follow the regulations for disposal of assets. My opinion is this will be what SISU go after in JR2. They will argue that as the sale of ACL and the lease extension were agreed at the same time CCC have effectively sold the freehold (does anyone think the Ricoh will still be in use in 250 years?) and therefore the regulations apply.

If they are successful with that then CCC are screwed as they haven't been followed in the slightest. They've pretty much done the opposite!
 

Astute

Well-Known Member
  • Jun 6, 2016
  • #278
Grendel said:
Good god your unbelievable - you even liked his post when I was saying the same thing!

Lol.
Click to expand...
Not at all. You kept firing questions at me and not answering any to keep up with your anti CCC agenda. I am unbiased so have a go at all sides. And I agreed with what he said.

But sometimes when you go on your rants I don't read everything that you put. Most of your posts are what you have been posting for years. Even on threads covering something never covered before. And all that happens is that you suck people into the same old arguments time and time again. You are worse than a stuck record.
 

Grendel

Well-Known Member
  • Jun 6, 2016
  • #279
Astute said:
Not at all. You kept firing questions at me and not answering any to keep up with your anti CCC agenda. I am unbiased so have a go at all sides. And I agreed with what he said.

But sometimes when you go on your rants I don't read everything that you put. Most of your posts are what you have been posting for years. Even on threads covering something never covered before. And all that happens is that you suck people into the same old arguments time and time again. You are worse than a stuck record.
Click to expand...

The response you made clearly showed you didn't actually understand a word he said.
 

Grendel

Well-Known Member
  • Jun 6, 2016
  • #280
oldfiver said:
Well obviously the freeholder

A more interesting question is why was it transacted in two stages when agreed at the same point in time?

The "sale" of the extended lease was agreed at the time the sale to WASPs was agreed but as a separate transaction
Why did CCC not agree to extend the lease to ACL THEN sell the enhanced value of ACL to WASPS?
Click to expand...

Well it begs a few questions doesn't it.

The minutes of the meeting at the point of sake shows that the freehold was sold along with the council share.

Odd as that it itself significantly boosts the value of ACL. It shows the value of the original lease really nothing.

What I do not understand is why ACL when owned by the charity and the council did not ask then for 250 years which would have solidified the value of the business.

Why in particular did not Higgs ask earlier?

Did they and the council rejected it? Why on earth would they do that - I mean they wouldn't want to devalue the business to facilitate a cheap sale......would they?
 
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