I guess he should have started with something like "come on keep up", mentioned "toxic poison running through the club" and "smoking gun".
What has the JR got to do with the sale of ACL to Wasps?
Nah, "smoking gun" belongs to Tony along with "award winning journalist", I believe.
Sorry 'Smoking gun' belonged to Grendel. He knew there was one
Neither has done anything dishonest. Both have been stretching the rules.
The disappointment of the situation we find ourselves in is clouding your judgement.
If ACL was your business what would you have done?
Is it time already to ignore all the facts that came out in the JR? Did it make CCC look too good? Did it make SISU look too bad?
It gave us the facts up to that time.
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.
FFS they have a duty of responsibility to their customers. They need to give us value for money or we will walk away.
What has the JR got to do with the sale of ACL to Wasps?
FFS they have a duty of responsibility to their customers. They need to give us value for money or we will walk away.
So in your world its fine for CCC to lie to the electorate but not for SISU to lie to a dwindling customer base?
Nah, "smoking gun" belongs to Tony along with "award winning journalist", I believe.
Whoever owns the club will have both hands tied behind their back now.
And I believe any new owner would come to the conclusion that our future lies away from the Ricoh.
And I believe any new owner would come to the conclusion that our future lies away from the Ricoh.
Where have CCC lied to the electorate ? AL saying ACL is doing okay without CCFC could mean anything, could even mean making a small loss in extraordinary circumstances.
I would guess most have no clue what has gone on and are noticing the high profile Coventry is receiving now Wasps are here.
Coun Lucas said: “We said that ACL was profitable without the football club, the accounts show different. I fully accept that.
Based on what ? Emotion ?
It's certainly not based on costs.
Based on what ? Emotion ?
It's certainly not based on costs.
No, nobody is suggesting anything is ignored.
Exactly, the facts up to that time. Since then we have more than one occasion where we know CCC have not been truthful. This then leads to doubt about other statements they have made, or in many cases not made due to confidentiality.
Based on what ? Emotion ?
It's certainly not based on costs.
Even Lucas has given up trying to pretend it didn't happen!
Source: http://www.coventrytelegraph.net/news/coventry-news/council-admits-ricoh-arena-not-8451492
And as I said earlier all she knew about the finances was what she was told. Now whether she was told the truth and hid it, someone lied to her and she was being truthful to what she knew or if a mistake was made working out the finances was the cause is the question. But some want her to be hung before the truth is out. This is the point I have been making. Yes she said it. But do you know that she lied to us? No. But some make out that she did as a fact.
Maybe. But how will there be a future at the Ricoh when we are renting off a franchise whose first priority will be themselves? They've got a £35M bond plus 6.5% to pay back.
Plus experts in local media have said we need 100% income. Wasps themselves have said it wouldn't be viable at the Ricoh without total income for their club...
Only three "buts". I was expecting more.
So which part is factually incorrect?
None of it going by your reply
What about Dave? Was his post factually incorrect?
It helps. But it isn't the difference between doing well and failing. Wasps will be like SISU. Say whatever they need to. And rugger supporters spend much more than football supporters. And they are much better supported as well. And they also need to pay about 2.5m a year interest plus pay back 35m in 7 years. They need every penny they can get. I actually think they will be in trouble in 7 years max. I am happy about this.
As long as they serve the interest payments on the existing bond scheme; there will be other investors readied to invest in another bonds issue in seven years' time. If they have excess revenues, the bond need raise a smaller sum next time - so the £35m can be repaid in a mix of cash plus new bond scheme. They could - provided they're paying the interest - spin this wheel three of four times to pay the sum down to zero. this wouldn't be a term that different to a commercial mortgage on borrowings of this size in any case
Where have CCC lied to the electorate ? AL saying ACL is doing okay without CCFC could mean anything, could even mean making a small loss in extraordinary circumstances.
I would guess most have no clue what has gone on and are noticing the high profile Coventry is receiving now Wasps are here.
Wasps bid was conditional - we have 100 or no deal.
Nicky Eastwood is training you well. Does he allow to go for walkies now and again?
That can't be right. Are you saying that the Council would have been required to buy back the shares it sold to Wasps if Higgs had sold its shares to the administrator?
That can't be right. Are you saying that the Council would have been required to buy back the shares it sold to Wasps if Higgs had sold its shares to the administrator?
As long as, could, if blah blah blah
You could make the same defence of Sepalla and Fisher though, they weren't lying they were just saying what they had been told by the other. I'm sure it wouldn't go down well.And as I said earlier all she knew about the finances was what she was told. Now whether she was told the truth and hid it, someone lied to her and she was being truthful to what she knew or if a mistake was made working out the finances was the cause is the question. But some want her to be hung before the truth is out. This is the point I have been making. Yes she said it. But do you know that she lied to us? No. But some make out that she did as a fact.
That can't be right. Are you saying that the Council would have been required to buy back the shares it sold to Wasps if Higgs had sold its shares to the administrator?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?