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More news on Ryton (2 Viewers)

  • Thread starter oldskyblue58
  • Start date Oct 6, 2016
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ccfcway

Well-Known Member
  • Oct 9, 2016
  • #421
albatross said:
Election Day
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and who was voted in ?
 

skybluetony176

Well-Known Member
  • Oct 9, 2016
  • #422
Frankley said:
Maladministration with injustice
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That wasn't what I meant. I meant what have SISU asked for that CCC have refused that they might agree to with new owners?
 

torchomatic

Well-Known Member
  • Oct 9, 2016
  • #423
Irish Sky Blue said:
I'm not excusing what the council have done. Selling to Wasps is the biggest blow to hit our club out of everything that has happened. However you can't just ignore the reasons why they sold to Wasps. I don't need to go over that old ground, we all know the story. The fact is that Sisu have been underhand, devious and obviously very difficult to deal with. Nobody it seems wants to have anything to do with them. When you see the tangled web of legal action taken out against Higgs, CCC and with Wasps still to come you can understand why. Sisu have no honour. How can anyone be blamed for keeping them at arms length.
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No, I can't ignore it, but I reject and disagree with it. As I keep saying one day SISU will just be a bad memory, but Wasps are here basically forever. There is no chance of us getting the Ricoh. We may even have to build a new stadium out of the city. Sisu are as you say difficult to deal with...so don't - wait until they do leave. The Ricoh would still be under CCC, so what harm would it have done.

When we returned from Northampton the Council were publicly saying that bridges needed to be built before talking about ownership, etc. If they had kept to their word and either gave them a slice of the Ricoh or a long deal with some revenue that suited all parties then instantly the club becomes more attractive to potential new owners.

Sadly, CCC when they spited SISU also spited CCFC forever (that's not being emotive, that's a fact). If CCC had resisted the franchise and, for once, decided to think of what a football club can do for a city then we may not be in this mess. Yep, SISU fucked up, but as I've said the sale to Wasps will cause much more long term damage (maybe even fatally) than SISU ever will.
 
Last edited: Oct 9, 2016
Reactions: Grendel and chiefdave

torchomatic

Well-Known Member
  • Oct 9, 2016
  • #424
Sky Blue Kid said:
Torchy that is.

Two-faced fucker.
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Who me? Or my son? Or both of us? I just want to know your level of fucking twatishness.*

*apologies to Hill83.
 

Sky Blue Kid

Well-Known Member
  • Oct 9, 2016
  • #425
torchomatic said:
Who me? Or my son? Or both of us? I just want to know your level of fucking twatishness.*

*apologies to Hill83.
Click to expand...

You're so two-faced pal, agreeing about Northampton but go there yourself.
 

torchomatic

Well-Known Member
  • Oct 9, 2016
  • #426
Sky Blue Kid said:
You're so two-faced pal, agreeing about Northampton but go there yourself.
Click to expand...

Fuck off you fucking, fucking, fucking, fucking, prick.*

*Apologies to Hill83 once again.
 

hill83

Well-Known Member
  • Oct 9, 2016
  • #427
No need to apologise to me. This is great. Carry on.
 
Reactions: Grendel

Sky Blue Kid

Well-Known Member
  • Oct 9, 2016
  • #428
torchomatic said:
Totally disagree. CCC would have NEVER sold to SISU. "Hell will freeze over", remember. Wasps would have been on the scene regardless and The Council would have done exactly the same thng.

Not excusing the Northampton move. Shocking decision.

One point. Remember Lucas saying that Wasps would not have a detrimental affect on the football club. What do you reckon about that?
Click to expand...


This is why I called you a two-faced fucker pal.... You still went though didn't you!!! Ya fucking,fucking,fucking,fucking,fucking wanker!
 

Warwickhunt

Well-Known Member
  • Oct 9, 2016
  • #429
oldskyblue58 said:
QUOTE="Warwickhunt, post: 1179437, member: 4907"]In all this banter no one is questioning why the council sold our assett(Coventry Taxpayers) so cheaply to the WASP's! All this About SISU shit is not giving me that answer. If they had sold it for £42 million the correct valuation I would not have a problem with WASP ownership. Instead the Nationals rags putting out shit headlines this morning about Southgate being involved some tax avoidance scheme these fucking hacks need to dig into the goings on in this deal that's where the good stuff is.
Click to expand...

In May 2015 lease was re-valued to £48.5m months after Wasps bought the shares of ACL

The shares of ACL were never worth anything like that value. It was the shares not the lease that Wasps bought in September/October 2014

The value of the shares sold in September/October 2014 was the value of all the assets (including the lease which was valued at that time at around £19m) less the value of all the liabilities (including the 14m loan to due CCC) at that time.

The balance sheet value of the ACL group in the 2014 financials (last year before share disposal) was £6.8m.

The group was I would think struggling so was there a premium due on the shares? doubtful. That and when the value of the 250 year lease was attributable is the subject of JR 2


Other stuff
It seems on the face of it CCC/AEHC had a simple financial choice, -

Their shares, that had an ACL balance sheet value of 6.8m, could be sold for £5.4m (in reality both paid a premium on the shares so would make a bigger loss than that, eg AEHC paid £6.5m).

or they could allow ACL to go bust which could allow the owners of CCFC to acquire the site but would certainly mean CCC/AEHC lose their shares for £nil, with the prospect of SISU making profits on the deal when they sold it on sometime in the future.

so in very simplistic terms £5.4m or nothing................. There was no one else actively looking to buy other than wasps it would seem[/QUOTE]
Thanks OSB I was blowing off steam that's all , just a bit fed up really cos I can only see it all ending badly
 

torchomatic

Well-Known Member
  • Oct 9, 2016
  • #430
hill83 said:
No need to apologise to me. This is great. Carry on.
Click to expand...

Thanks.

SBK, just once more before I block you: Fuck off you sad little prick.
 

Captain Dart

Well-Known Member
  • Oct 9, 2016
  • #431
Frankley said:
I'm sorry, I think you're wrong and let me explain why.

The council should act in precisely the same manner towards a business irrespective of who owns it. If the council treats a new owner of the football club significantly better than the current owners there will be a legal case to answer.
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I don't see why they would deal with anyone taking legal action against them, it is a perfectly reasonable position.
 
Reactions: martcov

Sky Blue Kid

Well-Known Member
  • Oct 9, 2016
  • #432
torchomatic said:
Thanks.

SBK, just once more before I block you: Fuck off you sad little prick.
Click to expand...

Boo hoo don't block me twat.!
 
F

Frankley

Well-Known Member
  • Oct 9, 2016
  • #433
skybluetony176 said:
That wasn't what I meant. I meant what have SISU asked for that CCC have refused that they might agree to with new owners?
Click to expand...

I suggest we don't really know much of what has actually gone on at this stage, so we don't know what the club has spoken to the council about.

One thing we do know a little of is the goings on at The Butts and this suggests the council hasn't been acting terribly professionally. It seems the council sought information about what the football club had been talking to Coventry Rugby Club about, commercially sensitive information the council had no right to. It also seems the council tried to get a ban on professional football being played at The Butts, something that seems dangerously like an attempt to restrict trade.
 
Reactions: torchomatic

Sky Blue Kid

Well-Known Member
  • Oct 9, 2016
  • #434
Frankley said:
I suggest we don't really know much of what has actually gone on at this stage, so we don't know what the club has spoken to the council about.

One thing we do know a little of is the goings on at The Butts and this suggests the council hasn't been acting terribly professionally. It seems the council sought information about what the football club had been talking to Coventry Rugby Club about, commercially sensitive information the council had no right to. It also seems the council tried to get a ban on professional football being played at The Butts, something that seems dangerously like an attempt to restrict trade.
Click to expand...


IIRC. Wasn't there a football restriction in place before what you're talking about?
 
F

Frankley

Well-Known Member
  • Oct 9, 2016
  • #435
Captain Dart said:
I don't see why they would deal with anyone taking legal action against them, it is a perfectly reasonable position.
Click to expand...

I can't agree with you.

As a local authority has a monopoly in a particular locale it would be entirely unreasonable to refuse to deal with a particular organisation simply because that organisation has taken legal action against the local authority. When the boot's on the other foot, local authorities expect businesses they have taken legal action against to still deal with them.
 
Reactions: Wiseoldfool and torchomatic
F

Frankley

Well-Known Member
  • Oct 9, 2016
  • #436
Sky Blue Kid said:
IIRC. Wasn't there a football restriction in place before what you're talking about?
Click to expand...

I suggest you read the linked article:

http://coventryobserver.co.uk/news/...id-b-coventry-city-f-c-butts-groundshare/
 

Sky Blue Kid

Well-Known Member
  • Oct 9, 2016
  • #437
Frankley said:
I suggest you read the linked article:

http://coventryobserver.co.uk/news/...id-b-coventry-city-f-c-butts-groundshare/
Click to expand...


And I suggest you read this.... http://www.coventrytelegraph.net/news/coventry-news/coventry-rfc-chairman-reveals-butts-10635203
 

Nick

Administrator
  • Oct 9, 2016
  • #438
Sky Blue Kid said:
And I suggest you read this.... http://www.coventrytelegraph.net/news/coventry-news/coventry-rfc-chairman-reveals-butts-10635203
Click to expand...
How are Cov United playing there?
 

Sky Blue Kid

Well-Known Member
  • Oct 9, 2016
  • #439
Nick said:
How are Cov United playing there?
Click to expand...


I'm talking "Past tense" Nick. Read it! also read my post #434
PS. Also take a look at the date of printing in the Telegraph
 

Nick

Administrator
  • Oct 9, 2016
  • #440
Sky Blue Kid said:
I'm talking "Past tense" Nick. Read it! also read my post #434
PS. Also take a look at the date of printing in the Telegraph
Click to expand...
Has it been lifted now?
 
F

Frankley

Well-Known Member
  • Oct 9, 2016
  • #441
Sky Blue Kid said:
And I suggest you read this.... http://www.coventrytelegraph.net/news/coventry-news/coventry-rfc-chairman-reveals-butts-10635203
Click to expand...

Womens football and American football have both been played at The Butts in the recent past. The Sky Blues ticket office is based at The Butts. There have been various beer festivals, weddings and other social events at The Butts. According to your Simon Gilbert article, all of these activities breach the lease.

The Simon Gilbert article lacks any credibility.
 

Sky Blue Kid

Well-Known Member
  • Oct 9, 2016
  • #442
Nick said:
Has it been lifted now?
Click to expand...


I don't know Nick, all I do know is there was a "Football Restriction" dated pre December 2015
 
D

Deleted member 5849

Guest
  • Oct 9, 2016
  • #443
torchomatic said:
Fuck off you fucking, fucking, fucking, fucking, prick.*
Click to expand...
Sky Blue Kid said:
This is why I called you a two-faced fucker pal.... You still went though didn't you!!! Ya fucking,fucking,fucking,fucking,fucking wanker!
Click to expand...
torchomatic said:
SBK, just once more before I block you: Fuck off you sad little prick.
Click to expand...
Sky Blue Kid said:
Boo hoo don't block me twat.!
Click to expand...

This is just like being at work.
 
Reactions: Otis, stupot07 and torchomatic

Sky Blue Kid

Well-Known Member
  • Oct 9, 2016
  • #444
Frankley said:
Womens football and American football have both been played at The Butts in the recent past. The Sky Blues ticket office is based at The Butts. There have been various beer festivals, weddings and other social events at The Butts. According to your Simon Gilbert article, all of these activities breach the lease.

The Simon Gilbert article lacks any credibility.
Click to expand...


Lmfao.. But Les Reid's of "The Observer" does hahaha.... Dated May 16 2016. btw
 
Reactions: Captain Dart

Sky Blue Kid

Well-Known Member
  • Oct 9, 2016
  • #445
Deleted member 5849 said:
This is just like being at work.
Click to expand...

Don't you be a twat and block me too!
 

Nick

Administrator
  • Oct 9, 2016
  • #446
Sky Blue Kid said:
I don't know Nick, all I do know is there was a "Football Restriction" dated pre December 2015
Click to expand...
So why would they try to block specifically pro football? Very strange.
 

torchomatic

Well-Known Member
  • Oct 9, 2016
  • #447
Deleted member 5849 said:
This is just like being at work.
Click to expand...

TBF, I've never said that to you in emails. Have I? BTW you there on the 31st?
 

Captain Dart

Well-Known Member
  • Oct 9, 2016
  • #448
Deleted member 5849 said:
This is just like being at work.
Click to expand...
You at the council then? :angelic:
 
F

Frankley

Well-Known Member
  • Oct 9, 2016
  • #449
Sky Blue Kid said:
I don't know Nick, all I do know is there was a "Football Restriction" dated pre December 2015
Click to expand...

You seem so knowledgeable...

Tell me, where's the restriction that specifically mentions football been published?
 

Sky Blue Kid

Well-Known Member
  • Oct 9, 2016
  • #450
Nick said:
So why would they try to block specifically pro football? Very strange.
Click to expand...

Don't shoot the messenger nick.
 
F

Frankley

Well-Known Member
  • Oct 9, 2016
  • #451
Sky Blue Kid said:
Lmfao.. But Les Reid's of "The Observer" does hahaha.... Dated May 16 2016. btw
Click to expand...


Oh dear, you do make assumptions don't you.
 
D

Deleted member 5849

Guest
  • Oct 9, 2016
  • #452
Captain Dart said:
You at the council then? :angelic:
Click to expand...

Aren't we all?
 
Reactions: Grendel

Sky Blue Kid

Well-Known Member
  • Oct 9, 2016
  • #453
Frankley said:
You seem so knowledgeable...

Tell me, where's the restriction that specifically mentions football been published?
Click to expand...

Who the f**k are you? Judge Rinder, read the article it might tell you
Just putting it out there mate. same applies to you.. Don't shoot the messenger.
 

Nick

Administrator
  • Oct 9, 2016
  • #454
Sky Blue Kid said:
Don't shoot the messenger nick.
Click to expand...
But you haven't shown anything?
 

Sky Blue Kid

Well-Known Member
  • Oct 9, 2016
  • #455
Frankley said:
Oh dear, you do make assumptions don't you.
Click to expand...

Isn't that what you're doing?
 
Reactions: Captain Dart
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