" Sisu Arvo Otium Arena" (1 Viewer)

torchomatic · Aug 10, 2014

Yes, I know. However, I was making a point to SBJ who seemed to think that working with a supermarket, sorry partners, in a large development is something underhand - only something a hedge fund like SISU would do. I was just reminding him how much Tesco had to do with the Ricoh project.

As for the £22M. It's a shame CCFC couldn't have done the deal with the Spanish bank who were going to give them that.

Jack Griffin said:
As you well know, that money did not quite stretch far enough and CCC were left to foot a £22M bill, £14.4M of which is outstanding & was central to the recent JR.

Samo · Aug 10, 2014

skybluetony176 said:
Isn't common sense usually based on something factual?

You know when you go and watch a film in the cinema its not a documentary, right.

So are you saying Tony, that you don't believe that CCC would have preferred a change of ownership, given all the silly shit they'd been through with them? And as I said in my previous post, who doesn't want them out? If CCC do they'd be no different to the rest of us!
And yes Tony I do know the difference between a movie and a documentary... If you are going to attempt to patronize people, please choose your own IQ or lower.

Nick · Aug 10, 2014

What if the movie is a documentary though?

Samo · Aug 10, 2014

sky blue john said:
Samo I want CCFC back at the Ricoh but not at any price to CCFC.
The price and debt baggage with Sisu at the helm is to high !

So you'd rather what exactly?

James Smith · Aug 10, 2014

Samo said:
The hearing was about whether or not the loan made to ACL by CCC was legal. That's it. The reasons are almost academic.

This is why I will be "disappointed" and that's putting it mildly if the costs of the JR are added to the debt mountain our club has.

torchomatic · Aug 10, 2014

True. Bowling For Columbine for example.

Tony will have to find some other way to patronize us.

Nick said:
What if the movie is a documentary though?

Jack Griffin · Aug 10, 2014

torchomatic said:
As for the £22M. It's a shame CCFC couldn't have done the deal with the Spanish bank who were going to give them that.

Which just goes to show how these big deals can collapse & come to nothing (although in the case in point there was a white knight to rescue it)..

better a bird in the hand..

fernandopartridge · Aug 10, 2014

Jack Griffin said:
As you well know, that money did not quite stretch far enough and CCC were left to foot a £22M bill, £14.4M of which is outstanding & was central to the recent JR.

But yes it was a sound idea to get Tesco to pay but not an original one, other stadia have been financed similarly or by building in industrial developments (e.g. Pride Park) or housing & leisure developments (e.g. Emitates and now Sixfields).

The build costs of the Ricoh were quite high considering it isn't a brilliantly finished stadium. The £21m was for the lease wasn't it? If the build was affordable with just the Tesco + AWM (ERDF) + CCC investment would the lease have been sold in such a way?

Grendel · Aug 10, 2014

fernandopartridge said:
The build costs of the Ricoh were quite high considering it isn't a brilliantly finished stadium. The £21m was for the lease wasn't it? If the build was affordable with just the Tesco + AWM (ERDF) + CCC investment would the lease have been sold in such a way?

It was outrageously expensive compared to grounds of coat able size.

Jack Griffin · Aug 10, 2014

fernandopartridge said:
The build costs of the Ricoh were quite high considering it isn't a brilliantly finished stadium. The £21m was for the lease wasn't it? If the build was affordable with just the Tesco + AWM (ERDF) + CCC investment would the lease have been sold in such a way?

Nope, but why even discuss what didn't happen?

FWIW it was supposed to be affordable, but the ground was full of pollution

Just found this, it is VERY VERY interesting to look back on it.. kills a few myths that are bandied about on here.
http://www.coventrytelegraph.net/sport/football/football-news/arena-2001-faqs-3172736

sky blue john · Aug 10, 2014

torchomatic said:
Yes, I know. However, I was making a point to SBJ who seemed to think that working with a supermarket, sorry partners, in a large development is something underhand - only something a hedge fund like SISU would do. I was just reminding him how much Tesco had to do with the Ricoh project.

As for the £22M. It's a shame CCFC couldn't have done the deal with the Spanish bank who were going to give them that.

Why are you making things up ?
Where did I say supermarket partnership is underhand ?
The point I was making and question I was asking why would a supermarket chain want to work with Sisu !!
Read my opening post again !

wingy · Aug 10, 2014

The bit with ?Green In the middle cost around £40m. roughly the same a the Kingpower ,the rest was land clean up,Infrastructure and the jaguar hall ,casino etc,around £15-£18M for the non Football elements.

fernandopartridge · Aug 10, 2014

wingy said:
The bit with ?Green In the middle cost around £40m. roughly the same a the Kingpower ,the rest was land clean up,Infrastructure and the jaguar hall ,casino etc,around £15-£18M for the non Football elements.

Where does £113m come from?

wingy · Aug 10, 2014

fernandopartridge said:
Where does £113m come from?

Or £118M Its In the PDF report post construction ,one Element came in around 50 one about 58 ,just can't recall which is which but IMO land clear up was 50 ,Stadium and rest was 58.

Tank Top · Aug 11, 2014

sky blue john said:
So did they lie to the FL ?

"Dear John"
Non Factual statements, trip off their tongue, like a fart across a silk sheet

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