No-one has ever produced any figures or details. We have had a touched up plan which was originally for someone else as a suggestion. Has every other club in the country alienated it's fan base, it's home town council and just about everyone it has done business with ( except certain lawyers )? Has every other club scaled down and moved outside it's original base town or city? Does every other club have the competion from other modern local stadiums or venues as e.g. NEC and the Ricoh? Does every other club plan a stadium at the lowest point in their history and announce that the details will be announced in three weeks whilst not even having a potential site or even having a preliminary meeting to discuss planning permission? And so on and so on.... I think your comparison to other clubs is not a fair one and I don't think for a moment that a new stadium at the present time is a good option. The only reasons for getting involved in a new build would be 1. Wasps throw us out or rip us off or 2. We become amazingly successful and generate enough ticket sales to pay for it. I would try and extend the Wasps deal as long as possible whilst putting the stadium on hold ( but still keeping an eye on the availability of sites ) until 1. or 2. happens.
http://www.mgimalta.com/services/fiduciary-nominee-services-and-registered-office/
and me i am sure that I read in the Prospectus that Moonstone is 100% owned by Richardson.
Posted more than 7 hours ago now, all there's really been since is some hilarious hypothetical's about Narniastad from U-turn Dave.
Again. Why didn't Sisu bid more than Wasps for a world class stadium/exhibition/leisure facility that they themselves had successfully devalued?
Posted more than 7 hours ago now, all there's really been since is some hilarious hypothetical's about Narniastad from U-turn Dave.
Again. Why didn't Sisu bid more than Wasps for a world class stadium/exhibition/leisure facility that they themselves had successfully devalued?
They had already been told it would not be sold to them.
Again. Why didn't Sisu bid more than Wasps for a world class stadium/exhibition/leisure facility that they themselves had successfully devalued?
They had already been told it would not be sold to them.
They did.
They didn't ever bid for the councils half so I can't see how that's possible.
They bid more for half of it, the council's half wasn't for sale was it?
Too scared that Sisu would just use ownership of the Ricoh to raise money against it and give themselves a load of money.
Luckily that never happened when Wasps bought it.
You're promoting a theory at the moment that the deal for Wasps to take over the Ricoh started 2 years ago so perhaps you can explain why the council didn't do the deal a year earlier?
I'm not promoting any theory. Just quoting 3 sources (2 wasps fans and the CRFC chairman) that suggest conversations took place.
Again,though, your inability to read properly defeats you. The theory they suggest isn't that at all.
So you don't believe what's written in the blog?
Which one? I posted two.
Both.
Well one clearly stated it wasn't wasps who were initially interested
£46M sounds a snip compared to £30M for a stadium with half the capacity, half the facilities no rail link and who knows what that passes for road links built in the wilderness. I wonder if SISU will make a bid for it?
Sounds a bit like the time Gidney said we should pay £24m for half a share in ACL.....
About half it's current valuation then.
About half it's current valuation then.
Really?
So CCC got a great deal selling at £6m?
Sounds a bit like the time Gidney said we should pay £24m for half a share in ACL.....
About half it's current valuation then.
I think it shows that SISU's plan of distressing ACL worked, but they got too greedy and wanted it for even less than Wasps were willing to pay.
It's unlikely the valuer has got his figure wildly wrong.
What valuer - didn't ACL's own experts say ACL was only worth around £5m?
... and advised Higgs to sell at whatever cash they could get.Certainly said the 5.5m for 50% was overpriced.
What valuer - didn't ACL's own experts say ACL was only worth around £5m?
Devastated.
Certainly said the 5.5m for 50% was overpriced.
Do we know if that valuation was done before the rent boycott or during it?
During - before we were pushed into administration and out of the stadium. Sometimes in September/October 2012.
Really?
So CCC got a great deal selling at £6m?
That depends. Before Wasps did the deal it was apparently too much because it was a worthless white elephant. Since they did the deal it's a steal.
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