Nick
Administrator
Pretty sure there are a few on here with an agenda about wasps so won't let a bad word be said.
Pretty sure there are a few on here with an agenda about wasps so won't let a bad word be said.You obviously are worried about it as are some other posters who keep bringing it up. How you can link the duplicity of TF to Wasps is quite staggering. I don't recall any one else making that link except you just now. Maybe you're the one trying to slide up to Wasps? I don't know but you seem to like talking about them.
The time to bid was around dec 13, when the request to put a bid in was published. You don't seriously think that the deal was still available after we came back do you?
I think it's safe to say that is happening with regards to both parties.
Pretty sure there are a few on here with an agenda about wasps so won't let a bad word be said.
The time to bid was when a bid was made. It was thought up by Fisher and Joy. As in the road map. The time to negotiate was then. They could have had both Higgs and CCC shares for what they wasted on litigation costs and going to Northampton. But they didn't want to take on the loan. Then the time to negotiate was when we were in Northampton and they had made their point. After this the time to negotiate was when they were told that CCC wouldn't wait forever and they would listen for bids from elsewhere if they didn't want to hold talks.
You're right, I should have said the final opportunity to bid was around Dec 13.
You're right, I should have said the final opportunity to bid was around Dec 13.
Was that when hell started to freeze over ?
If anyone from SISU have said anything we should ignore it especially from Fisher. But if it is said by CCC it is cast in stone and constantly used.
SISU are a private hedge fund. By definition they are only interested in maximising their return and are not answerable to anyone other than their investors.
CCC are a publically accountable body, they should not be dishonest with the electorate.
It's really a very simple concept. And that's before you even consider that pretty much since he first turned up and opened his mouth nobody has believed a word Fisher has said. His comments only ever get dredged up as 'fact' when its to support an argument, usually defending CCC or Wasps.
SISU are a private hedge fund. By definition they are only interested in maximising their return and are not answerable to anyone other than their investors.
CCC are a publically accountable body, they should not be dishonest with the electorate.
It's really a very simple concept. And that's before you even consider that pretty much since he first turned up and opened his mouth nobody has believed a word Fisher has said. His comments only ever get dredged up as 'fact' when its to support an argument, usually defending CCC or Wasps.
Although a comment made by AL in a private meeting is treated as the gospel by some on here. I have had board meetings that, while discussing a specific customer, have had all sorts of abuse spouted about them (it was a very very difficult and unreasonable customer). However, when the dust settled, we dealt with them in our usual very professional manner.
What is said privately does not have to then translate to policy.
(And no, I didn't agree with CCC selling the Ricoh to wasps)
It wouldn't happen like that with CCC though. AL is the Kim Jong Un of Coventry, if other councilors disagree with her it's exicution time. Probably explains why the council chambers goes through so much coffee. No one dare fall asleep. Apparently she holds every record at Godiva Harriers as well.
What's her golf handicap like?
SISU are a private hedge fund. By definition they are only interested in maximising their return and are not answerable to anyone other than their investors.
CCC are a publically accountable body, they should not be dishonest with the electorate.
It's really a very simple concept. And that's before you even consider that pretty much since he first turned up and opened his mouth nobody has believed a word Fisher has said. His comments only ever get dredged up as 'fact' when its to support an argument, usually defending CCC or Wasps.
**smoking gun.
To say ACL was doing okay in that process is understandable but the real picture would always be found during due diligence.
I think it's just the fans looking for a smoking gun.
Once he's stopped washing her feet then I'm sure he'll let us know.
It's unbelievable that some defend one side of a bad coin. Both parties SISU and CCC have been dishonest, yet some are desperate to defend the council and their precious 'Ann'. Why would anyone feel such affinity to a council and this woman?
Good little Anndroids.
SISU are a private hedge fund. By definition they are only interested in maximising their return and are not answerable to anyone other than their investors
SISU are a private hedge fund. By definition they are only interested in maximising their return and are not answerable to anyone other than their investors.
CCC are a publically accountable body, they should not be dishonest with the electorate.
It's really a very simple concept. And that's before you even consider that pretty much since he first turned up and opened his mouth nobody has believed a word Fisher has said. His comments only ever get dredged up as 'fact' when its to support an argument, usually defending CCC or Wasps.
No so easy. The directors of the various CCFC companies have a common law fiduciary duty to companies they manage, as set out in sections 171 to 177 of the Companies Act 2006.
No so easy. The directors of the various CCFC companies have a common law fiduciary duty to companies they manage, as set out in sections 171 to 177 of the Companies Act 2006.
These include promoting the success of the company, and executing judgment, skill, care and diligence with regards the running of the company.
Looking at Fisher and his cohorts within their role as directors of the various CCFC businesses - can you say he has done this? Really?
You can't simply look at his role in the context of serving his masters at SISU and state forgive it all as 'SISU are a private hedge fund' and your mitigation that comes thereafter.
He has a responsibility to the CCFC businesses, and the club itself - not just in the direction of SISU. Do you think he got the balance of judgements between both parties correct? Or was one party imperilled in order to enrich the other?
There's a difference between Fisher shooting off some comment to the CT and what you are suggesting. Of course if SISU have done anything illegal I would expect them to be punished but you're actually proving my point. SISU have only to not break the law, they have no responsibility to anyone else.
That isn't the case for CCC. Simply stating they haven't broken the law does not absolve them of blame. As a public body accountable to the electorate they should be held to a higher standard and conduct themselves in a manner that is beyond reproach. They quite simply haven't done this, they have even been found out and yet are still give a free pass by some.
There's a difference between Fisher shooting off some comment to the CT and what you are suggesting. Of course if SISU have done anything illegal I would expect them to be punished but you're actually proving my point. SISU have only to not break the law, they have no responsibility to anyone else.
That isn't the case for CCC. Simply stating they haven't broken the law does not absolve them of blame. As a public body accountable to the electorate they should be held to a higher standard and conduct themselves in a manner that is beyond reproach. They quite simply haven't done this, they have even been found out and yet are still give a free pass by some.
So do you think it is OK for Fisher to give us as much bullshit as he wants and say it is OK because he is a part of a hedge fund? And by the sound of it you expect us to take everything that he says as bullshit as we are not allowed to think that anything he says is the truth.
And where were CCC dishonest with the electorate because I missed it.
A well structured argument. Well done.
I think if you care to look back at from the original court case in Birmingham, through to the Judicial Review, then Judicial Review appeal; the Council and all other parties dragged into this mess have held themselves to a high standard. Successive judges found so.
What has the JR got to do with the sale of ACL to Wasps?
That is not what I am saying at all. My preference would be for the club to be honest and transparent but, given the type of owners we have, it would be naïve to say the least, to expect that to be the case. Are you really going to argue that when Fisher bangs on about a new stadium and announcements in a couple of weeks you have complete faith in him? Look at the video of the fans forum where he stated his expected attendance, he was being openly laughed at and mocked. Doesn't strike me that people were hanging on his every word as the truth.
The council I expect to be open and upfront. I formed my initial stance based on information stated as fact by CCC, Higgs and ACL. Statements which have turned out to be, if you're being charitable, deliberately misleading, if you're not being charitable, outright lies. What else have they told us that isn't true? Why is everything hidden behind a blanket of confidentiality?
Is this a serious question or are you on the wind up?
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