Philosoraptor
Well-Known Member
Question:
Does the Community have the right to put a bid in for this or asset transfer?
Does the Community have the right to put a bid in for this or asset transfer?
Wasps deal is for 100% of ACL (1 Viewer)
- Thread starter SimonGilbert
- Start date
SkyBlue_Bear83
Well-Known Member
Disaster.
The Ricoh Arena was built for Coventry City.
We can only hope that the person behind the bid pulls off his rubber mask to reveal Tim Fisher.
How the council can justify selling the city's football stadium is beyond me, now everyone can see their true colours but some will still defend them.
The Ricoh Arena was built for Coventry City.
We can only hope that the person behind the bid pulls off his rubber mask to reveal Tim Fisher.
How the council can justify selling the city's football stadium is beyond me, now everyone can see their true colours but some will still defend them.
Astute
Well-Known Member
I have not seen anyone defend CCC. What I have seen is the reasoning from what has been discussed. Wasps need a home. CCFC say that they don't want it. And whilst we were in Northampton one frequent line used was that the arena was a white elephant. It isn't the supporters saying that we want a stadium built elsewhere.
Just about all of us want to stay at the Ricoh. Just about all of us want it to be CCFC and not Wasps that are willing to negotiate for the future of the Ricoh. But being able to see the truth doesn't mean that we are backing CCC on the matter. I don't want it to happen. But I can understand why it might happen. Higgs want out. They have a 50% share. But CCC can't just give them the money. Joy took the piss out of them and now says that she isn't interested. CCC don't have the time to run the stadium, especially with all the shit SISU have and are putting them through. It would also put a stop to the litigation between SISU and CCC. Joy wouldn't be able to make accusations to start new litigation if the deal went through as she has stated in public that she isn't interested in the arena.
So it would be shit for CCFC. Possibly shit for the city of Coventry. But only an idiot would argue over why CCC would want rid of the hassle that the arena has caused them.
There are more Chelsea fans than City in cov...
SkyBlueScottie
Well-Known Member
Finally people beginning to realise the harm caused to the club by the council. Surely this shows the prop up loan was not in the best interest of anybody but CCC.
I think most knew all had blame attached in some part to the clubs fall, but Sisu cant make statements like the ship has sailed, we are building our own ground we are not interested or will intervene in selling process, then cry that they are the victim... They have claimed this for too long, they have wronged the fans and misdirected to many times to be trusted and this is why the CCC are voting on an alternative route..
Sisu have given so many messages that now they even are not on the same page TF wanting answers but JS saying she is not interested,,,i dont agree with the move but what options are Sisu handing the CCC ,, court dates!!!!!!!!!!
Sisu have given so many messages that now they even are not on the same page TF wanting answers but JS saying she is not interested,,,i dont agree with the move but what options are Sisu handing the CCC ,, court dates!!!!!!!!!!
bigfatronssba
Well-Known Member
Yes that would be responsible, and guaranteed good press.
Hobo
Well-Known Member
A deal was always there to be had, you just had to be reasonable about it. But SISU had to try and be clever and dick everyone around.
i wouldn't have minded them selling a few players if it had funded a long lease at the Ricoh. Building from new will cost a lot more and hold also rats of future pitfalls for the club?
i wouldn't have minded them selling a few players if it had funded a long lease at the Ricoh. Building from new will cost a lot more and hold also rats of future pitfalls for the club?
mrtrench
Well-Known Member
I would imagine that is a realistic possibility. Wasps would I imagine relish the opportunity to use the ground for two of its teams and hence reduce costs. The only question is how stubborn SISU will remain once it has lost the chance to buy the Ricoh on the cheap and also lost all of its court cases.
Otis
Well-Known Member
I would have taken them selling all our players and starting again with youth if it had secured our future at the Ricoh.
This laughing stock of a club just stumbles from one mess into another.
Just wish all sides would take a step back, take a deep breath and then give this a whole new fresh approach.
No-one wants Wasps here (well, apart from Spider Ricoh seemingly).
I can't even see this being a good deal for Wasps. I reckon they will lose a large chunk of their own supporters if this goes though and if the deal hurts both CCFC and CRFC, I think there will be a campaign round these parts for all locals to boycott Wasps games and to discourage anyone from the area from supporting Wasps in the future.
I'm hoping if they do come and all the Coventry clubs lose out as a result, that they will be made to realise they have made one big mistake.
If the deal does go through I pray that CCFC have a very long lease on staying and playing here, but if Sisu are insistent that renting here isn't for them, it's looking like we're going to end up with the most ridiculous and embarrasing situations of a London rugby club having its home in our stadium and Coventry City Football Club playing its games miles outside its own city.
You couldn't make it up.
skybluetony176
Well-Known Member
Does anyone know what this takeover panel that Joys on actually do? Because this wasps bunch are making a takeover of ACL look a whole lot easier than SISU ever did. In fact I would argue that all SISU's actions have ever done is make it easier for anyone else to waltz in and do what they should have done in the first place. "The queen of debt" my arse.
This argument that the council have 'no option' is just rubbish. Also, SISU are not crying about it are they? Again, they seem indifferent. It is the fans that suffer again - and some people are applauding the council for selling our home to a bunch of people none of us know because of an empty threat to build a new stadium - which we all know would never have happened while the option to buy the Ricoh was still there - an option which has now gone. SISU, or whoever owns us in future (and a change of ownership is lightyears away now) probably will have to build a new ground if we are to be viable as a club with ambitions of rising up the league.
It is an absolute fucking outrage. The council have failed in their duty of responsibility to the people of this city. As the ex-council leader said last night, CCC have behaved appallingly, and huge questions have to be asked.
dongonzalos
Well-Known Member
Your anger needs to be aimed at our owners.
There is only one solution counter bid or even at least express a desire to do so.
Otis
Well-Known Member
There you go, Don. Corrected it for you.
If this deal goes through and damages CCFC and CRFC we need to show our considerable anger to both the council and our owners.
dongonzalos
Well-Known Member
If the council don't debate this deal.
SISU build the new stadium it somehow is a success. The Ricoh never get another anchor tenant. The charities money remains tied up.
I can just see the majority of the public saying. You idiots SISU told you they were leaving in a few years, you have failed in your professional job
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But they're not going to do it, it's already too late. The debate has been had, votes will be cast today. You do get that?
We'd be wasting our breath, the only people with the power to safeguard the future of our football club are the city council, but they have chosen not to. Absolutely shameful. All they had to do was retain ownership of their profit-making stadium management company for a few more years and this would have eventually sorted itself out for the benefit of everyone.
They have decided to run away, and they (like you), hide behind 'SISU are a bunch of shits, blame them' to justify this appalling decision.
Are you, and others, not capable of putting aside your anit-SISU sentiments for just one fucking second to think about CCFC? Clearly not.
stupot07
Well-Known Member
Which doesn't look as insulting now, and that was without the the loan.
£30m-14m = £16m / 250 = £64k per annum / 2 = £32 per 50% per annum x 42 = £1.34m
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stupot07
Well-Known Member
And Higgs. .
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Astute
Well-Known Member
I agree. It is an absolute fucking disgrace.
All the shit we have been through. All the way from going back on agreements to taking us to Northampton because they wanted the arena. Administration. Selling our best players and not replacing them. I could go on all day. And all in the name of getting the Ricoh. And now that there would be nothing to stop SISU from getting it if they would back down from the bullshit that they have been coming out with all they say is that they don't want it. What the fuck are they playing at?
Astute
Well-Known Member
And Higgs. .
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And SISU blameless because they don't want the Ricoh?
Grendel
Well-Known Member
There is something to stop them - a small matter that's its being done today. - oh and this was a bid they were excluded from. The offer of a 250 year lease was never made.
bigfatronssba
Well-Known Member
Sisu have been free to bid at anytime in the last 7 years so let's not pretend otherwise.
Grendel
Well-Known Member
So were the previous owners.
hill83
Well-Known Member
So was Keith from the butchers down earlsdon street.
stupot07
Well-Known Member
Oh do feck off, I was adding it to Otis's list of who's to blame which includes sisu numbnuts.
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skybluetony176
Well-Known Member
Was a 250 year lease offered to wasps or did wasps set their stool out as they meant to go on and asked for it? It's a novel idea I know but the old saying is true. If you don't ask you don't get.
hill83
Well-Known Member
I think this is the case. I've got no proof but I've got a good solid 'reckon' and I'm sticking to it.
Rusty Trombone
Well-Known Member
How can anyone stop them making a bid?
stupot07
Well-Known Member
They have probably signed an exclusivity deal to stop them negotiating with anyone else. Too late now
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Otis
Well-Known Member
I really, really hope so.
If it is to happen, let's at least have our club with its finger in the pie.
Rusty Trombone
Well-Known Member
They have probably signed an exclusivity deal to stop them negotiating with anyone else. Too late now
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That's true enough. I probably should have used past tense in my response.
Otis
Well-Known Member
I'm Rigid