The fact is that the deal that allowed Wasps to buy ACL is no better than any of the deals that SISU put together.
We had people saying that a children's charity was being done out of money by SISU - well they've been well and truly done on this deal.
Months of claims from CCC about how SISU's actions actions were wrong in moving the club to Northampton.
Months of claims from CCC/ACL that their actions were done 'in the best interests of Coventry City' which included rejecting a CVA.
In the end, they sell a stadium built for CCFC, to a team that originates nearly 100 miles away, for a worse deal than the one they could have done with SISU.
I hope now that it transpires that the club were in on the Wasps deal the whole time. Teach the hypocrites at the council a lesson.
And hopefully every one of the cunts that voted for this loses their job at the next elections.
The fact is that the deal that allowed Wasps to buy ACL is no better than any of the deals that SISU put together.
We had people saying that a children's charity was being done out of money by SISU - well they've been well and truly done on this deal.
Months of claims from CCC about how SISU's actions actions were wrong in moving the club to Northampton.
Months of claims from CCC/ACL that their actions were done 'in the best interests of Coventry City' which included rejecting a CVA.
In the end, they sell a stadium built for CCFC, to a team that originates nearly 100 miles away, for a worse deal than the one they could have done with SISU.
I hope now that it transpires that the club were in on the Wasps deal the whole time. Teach the hypocrites at the council a lesson.
And hopefully every one of the cunts that voted for this loses their job at the next elections.
And hopefully every one of the cunts that voted for this loses their job at the next elections.
I think there were probably a few employees of ACL who were scared of losing their job if sisu took them over.
Well, they won't be any safer with these new owners.
New owners -> new idea's.
New 'Chiefs' -> New 'Indians'.
So what deals did SISU put together? Did they keep to them?
What are the details on the Wasps deal?
I think there were probably a few employees of ACL who were scared of losing their job if sisu took them over.
Well, they won't be any safer with these new owners.
New owners -> new idea's.
New 'Chiefs' -> New 'Indians'.
One thing that I found frustrating was that the bigwigs at ACL were pretty much untouchable - in terms of the electorate at least.
Simple
Wasps £20M Sisu (£10M) TF
Simple
Wasps £20M Sisu (£10M) TF
Simple
Wasps £20M Sisu (£10M) TF
The sisu offer was for half the company so the deal was the same.
Simple.
Correct me if I'm wrong, Wasps have paid around £5 million to secure 100% ownership of a 250 year leasehold. They are not clearing the loan, they are just taking it on.
SISU bid for the Higgs stake (i.e 50%) on a much shorter lease and their offer would have seen the then mortgage cleared and ACL would have been debt free.
Wasps have got the Ricoh for peanuts. If SISU had got this deal some people would have been outraged. Oh, and Higgs (the charity) have lost several million pounds.
Great for the taxpayer though eh?
It must be simple.
Fisher says 2m and up to 10m. This don't mean 10m. And we don't know what the offer was for. But we do know that they tried to say that ACL was valueless. The Wasps deal looks like 20m. We don't know the details of either. Yet you know.
Did you hear the interview?
Have you seen the details of both bids? You are making out as though you have.
So what deals did SISU put together? Did they keep to them?
What are the details on the Wasps deal?
So you didn't hear the interview? Why comment on something you didn't hear?
Also, Lucas has said the deal only went ahead because of guarantees that the City's sports teams' would be OK. How can she know?
No one knows the details of the Wasps deal and that's the problem. PEter Rossborough called it a big exercise in non-democracy as CRFC and CCFC weren't consulted. Also, Lucas has said the deal only went ahead because of guarantees that the City's sports teams' would be OK. How can she know?
And to answer the OP. If we'd moved permanently to Sixfields then I wouldn't have gone. And I'll turn the question around if that's OK. Why the outrage for CCFC fans - and begging other clubs' fans to sign our petition - but not an ounce of sympathy for Wasps' fans?
Did Lucas not say that a team should never be removed from its community?
Remember those three weeks when people weren't being split into factions for willy-waving contests?
That isn't the big problem for me. The CLUB has now lost its first refusal on half of ACL. It's lost any ability to prosper from a stadium that was built for it.The only thing that has really changed is who owns ACL and who CCFC rent from.
SISU had opportunities to buy ACL - when they first bought the club or in the tears that they owned it. If SISU have been overlooked you must ask yourself why and IMO it's their conduct. The unnecessary move to Northampton, the unnecessary court cases, the chant of we are building our own stadium - ACL & CCC - have got other more important things to do than manage a constant niggling tenant such as CCFC. WASPS deal even if not for more money allows CCC & ACL to move on and they have. We are now left with incredibly incompetent owners who have seen reduced crowds relegation in their 7 years but some still think they are the good guys.
That isn't the big problem for me. The CLUB has now lost its first refusal on half of ACL. It's lost any ability to prosper from a stadium that was built for it.
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