Who's the PLC? The land is owned by thr higgs charity not a PLC, the lease was transfered to Coventry and Warwickshire award trust another charity, and the site is run by Coventry sports foundation another charity.PLCs tend to trade in order to make a return on their investment. If that means making a commercial deal that benefits their shareholders, then I don't think we should be too surprised,. Wasps may be opportunists (they probably can't believe their luck)
In the same way that we can't believe our beloved football club failed to sieze such an opportunity. But they don't think like we do.
I still expect them to cash in on Ryton for development, and I think they are spiteful enough to call in the debt next year and wind the football club up. They still regard investment to date as being owed back to them by the football club.
And if by some miracle they were successful in acquiring the Ricoh they would most definitely be charging a significant rent for the lab to use it....IT WILL NEVER be owned BY the football club.
New season?
Not hopeful, need an entire back four, another midfielder and a striker.
Midtable at best, fear much worse.
Oh and ticketing? Too painful to waste my time on. May get to a few away games. Would rather watch local non league football Saturdays...and the Ladies on Sundays. More entertaining.
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It maybe costly, but it is prime land and can give a development return. It's future is undecided. It fits the profile. Someone will turn a profit from it.The land will still be owned by the LA. I don't think they've sold the school land on charter avenue, or the old deedmore school site on Henley road, and they kepts wood end as adult learning centre.
It will likely cost a lot more to.buy and develop than wasps higgs developments.
We're truly fucked.
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Wait. The independently owned leisure centre at allard way can and should step aside to secure the academy, but the independently owned leisure centre at Ryton (once owned by CCFC) can't and shouldn't be expected to?That land is owned by sports connection its probably not for sale.
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Who has said it should?Wait. The independently owned leisure centre at allard way can and should step aside to secure the academy, but the independently owned leisure centre at Ryton (once owned by CCFC) can't and shouldn't be expected to?
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The Higgs IS a PLCWho's the PLC? The land is owned by thr higgs charity not a PLC, the lease was transfered to Coventry and Warwickshire award trust another charity, and the site is run by Coventry sports foundation another charity.
So who are these share holders?
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Yep, although money aside, the relationship with the council has completely broken down, and given the tricks they tried with the butts and them giving preferential treatment to wasps through thr planning, I can't see the council making it easy for thr club if they did buy it, so for that reason (if they had thr money) I don't think sisu would even entertain it. In fact its almost in the councils interest to make it as difficult as possible to force us to stay at the Ricoh.It maybe costly, but it is prime land and can give a development return. It's future is undecided. It fits the profile. Someone will turn a profit from it.
Really? If you are having an issue following you might want to read it through in the morning.Looks like even you realise your argument has fallen apart. You're meandering all over the place with this, what ARE you on about?
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The Higgs IS a PLC
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Pardon, the Alan Higgs Centre Trust is a PLCThe Higgs IS a PLC
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This charity is set up to fund local good causes. Not sure that The Higgs Centre Trust has the same stated aim and status
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Manage it. Always have, haven't they?I thought csf had it now?
Happy to be corrected though. Pretty sure it was a PLC when the centre was constructedThis charity is set up to fund local good causes. Not sure that The Higgs Centre Trust has the same stated aim and status
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Does it really make much difference?. Charities seek to maximise their revenues and appreciate their assets. PLCs seek to make a profit. Don't see either turning away £7 mill investmentThis charity is set up to fund local good causes. Not sure that The Higgs Centre Trust has the same stated aim and status
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He's offside...
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Wasps have said they are investing 7m in the new academy at the Higgs site. Anyway, unlike you, I don't give a stuff about Wasps. I only care about CCFC and its future. It's a pity that you and SISU don't share the same care for the future of our football club.
It maybe costly, but it is prime land and can give a development return. It's future is undecided. It fits the profile. Someone will turn a profit from it.
Does it really make much difference?. Charities seek to maximise their revenues and appreciate their assets. PLCs seek to make a profit. Don't see either turning away £7 mill investment
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Please reference the source of this 'wont be spending a penny' so I can look it up.Wasps have admitted they want be spending a penny.
It's a pity your blind hatred for sisu means you are taken in by wasps spin. You say your not bothered by wasps but said unlike them our owners aren't spending. Well they are not someone else will. Could be the city of rugby initiative sponsors - no doubt if sisu had said they were going to find £7 million of someone else's money your reaction would have been someone different.
This doesn't say anything. Please reference the source...who said it and where is it recorded, by whom?The £7 million investment isn't very clear and is not a pre condition to any deal. The £35 million investment by the tax payer in the guise of a pool development is I'm sure an influencer into the decision.
There's not going to be a £7 million investment by anyone and certainly no commitment made.
Why everytime you get a fact wrong to do move the subject along to something else - and then get that wrong?
Please reference the source of this 'wont be spending a penny' so I can look it up.
You seem to be inferring that some shadowy local consortium (which will no doubt include the local authority) are going to fund it?
Or do you mean that the RFU and/or Sport England are going to fund it.
Interesting to hear you don't have a problem with SISU helping themselves to other people's (our) money.
Do you sit on their board, or are you Less Read (I wish)'s love child?
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This doesn't say anything. Please reference the source...who said it and where is it recorded, by whom?
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Pardon, the Alan Higgs Centre Trust is a PLC
https://beta.companieshouse.gov.uk/company/04692729
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No, Tim was adament that they can have the academy at the ryton, but they won't as they will sell it for housing. The truth is they can't have the academy AF ryton because the site isnt big enough.
Great build the indoor football pitch at ryton...where rbe first team go?
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Don't think there has been any clarity on the funding of the pool or the Wasps set so it is not possible to say one way or the other who is funding the Wasps part of it
I struggle to believe the wasps arrival and proposed development are not integrated into this proposal.
Do you know, at the point of CCFC signing a 3 month rolling deal, was a long term deal on the table?I think the Reid article is
(a) a reflection of the panic & frustration at CCFC - the other side are playing hard ball, less willing than ever to bend and that's outside the club and owners comfort zone which when added to financial pressures ratchets up the stakes. Time is ticking and rather than a plan to get rid of the Academy I increasingly think it is on the club side of things simply a massive cock up. Wasps & CSF clearly had talks and a plan but it wasn't that secret when the CT reported it last November, did that plan set out to exclude CCFC its not hard to argue it could have
(b) indicates the frustration that there is little they can do to stop it. So far there have been no really focussed valid planning grounds put forward that I can see. The best I can see is that they may delay the site build
(c) I think the article clearly hints at what comes next - legal action.
(d) Points the finger at everyone else
The biggest weakness is that the club signed up to a 3 month booking agreement not a long term tenancy. There is nothing, except moral indignation, that compels CCC, CSF, CAWAT, AEHC, or Wasps to deal with CCFC at the Alan Higgs Centre past 30-06-2017. SISU/CCFC going legal is not going to change that I feel, only further alienate the club, but it is the only hand they are left with
oh and just to finish off in my opinion both the Reid article and the 3 week late appeal issued amount to PR. Neither offer much in a solution or a way to change hearts and minds of decision makers.
Just my opinion to which I am entitled
There is a huge amount of land all around the Ryton training ground including land behind the factory which connects directly to the training ground. All it needs is for SISU to back up their so called "vision" with cold hard cash to purchase the land and develop the academy which is what they claim to have wanted all along.
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