Not sure if anyone else has mentioned this but our one real asset, the training ground, is held by the company not in administration. I have a fear that SISU could hold onto this and either rip us off with rent or build houses on it. Anyone know where we stand on this?
I've just called Sculder and Mully. They'll get to the bottom of it.
....I have a fear that SISU could hold onto this and either rip us off with rent....
Mmm...sounds familiar.....
If I remember correctly SISU mortgaged Ryton a couple of seasons ago to get their hands on some cash to pay wages/bills etc. Not sure it was for the full value. So at the very least I suspect Ryton is part owned by a financial institution.(Let me guess, who are something to do with SISU/Arvo whatever!!!)
I've just called Sculder and Mully. They'll get to the bottom of it.
i thought they payed the mortgage off before the season started :S?
What, are you suggesting SISU paid back money owed, surely not.
Which company paid it back? or should I say which company did they transfer the mortgage to and used the Training Ground as Colatereli thought they payed the mortgage off before the season started :S?
i thought they payed the mortgage off before the season started :S?
Which company paid it back? or should I say which company did they transfer the mortgage to and used the Training Ground as Colaterel
what are you suggesting that they rip off the club for that as well
If that's the case Waldorf then its value is limited to what SISU can sell it on to a new owner for.
Like I said I'm only thinking aloud & articulating possible scenarios, I'm not really advocating them, we wlll see where it goes won't we.
If it gets to SISU being left with Ryton and no club, they'll have difficulty selling it for development. People in Ryton village are very jealous of their position as being outside Coventry. I doubt Warwick DC would grant planning permission..
Head of planning for Warwick DC is also head of planning for CCC....its safe...
Mmm...sounds familiar.....
If it is Rugby gouncil there is a good chance travellers will get itIt's Rugby though isn't it? In Rugby the council is famed for it's honesty. Ahem...
Head of planning for Warwick DC is also head of planning for CCC....its safe...
Even they own the land who do they get planning permission from?
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