Sky Blue Pete
Well-Known Member
Reeves behind the scenes and duggins as the owner of the freehold and allegedlytheres a clause that the lease reverts to the ccc in cases of admin or liquidation
Reeves behind the scenes and duggins as the owner of the freehold and allegedlytheres a clause that the lease reverts to the ccc in cases of admin or liquidationLike actually or as in “the West Midlands Illuminati”?
Reeves behind the scenes and duggins as the owner of the freehold and allegedlytheres a clause that the lease reverts to the ccc in cases of admin or liquidation
Just trying to keep the mentalism in the bounds of reality.
Just trying to deflect for the council as usual
You are right to be fair. The council gave absolutely nothing to do with any of this whatsoever at all whatsoever at all, at all.
Why was everyone saying liquidation was going to happen to get rid of the debt? If you can just fuck the bondholders off along with the rest of the debt in a pre-pack admin what would be the benefit of liquidation?
The bondholders are getting royally screwed aren't they? Think a good chunk of them are wasps supporters
So they would be involved in getting a football match on but not who is sold to for 240 odd years?Yeah they’re the freeholders who it would revert to is ACL goes bust. That’s a whole different thing.
Derek Richardson is the only PSC listed on companies house. I dont thunk the council would have any say in who it was sold to?
At least credit me when giving direct quotes of things I’ve definitely said.
I love the council I.D.S.T 4 eva
At least credit me when giving direct quotes of things I’ve definitely said.
So they would be involved in getting a football match on but not who is sold to for 240 odd years?
The council will surely have to grant assignment as freehold owners on a commercial lease?
They haven't been but they are involved???If ACL were liquidated yeah. Who else would it be?
Lease belongs to ACL. If ACL are bought why would the council have a say?
They haven't been but they are involved???
They are the freeholders. I’ve got a commercial lease and when I bought it the freeholder - Coventry City Council - had to give assignment even though the seller agreed my terms - I thought you worked in commercial leases - you must know this?
Of c
They are the freeholders. I’ve got a commercial lease and when I bought it the freeholder - Coventry City Council - had to give assignment even though the seller agreed my terms - I thought you worked in commercial leases - you must know this?
Of c
Ill go slow.
The only threat to CCFC games is if the arena is not able to continue trading. This would be liquidation. Otherwise the arena can open as usual, that being what trading is.
Therefore when trying to counter that threat you need to talk to the people who would in that eventuality be the only people capable of opening the doors.
Schroedingers Council every time. Powerful enough to change the weather, hold courts in contempt, get away with massive financial crime, control the media, force students not to apply to Uni, yet so shit and weak they can’t collect the bins on time.
So you need to speak to ccc about getting a game on but not who the lease is sold to?
Nonsense.
I can only guess as a catchback in the case that there is a liquidation at the last minute. Perhaps the Council have agreed they would assume safety (or whatever) responsibility if ACL fails at 18.00 or something tomorrow.Lease belongs to ACL. If ACL are bought why would the council have a say?
Feel free to explain your theory. It’s not the lease being sold is it? It’s ACL.
It's not the lease at risk of going bust, it's ACL.Feel free to explain your theory. It’s not the lease being sold is it? It’s ACL.
If it’s an administration sale its likely to be the business and assets of ACL that would be sold
It’s just all round shit journalism.
“Coventry Live understands” means absolutely nothing. He is using what someone on Twitter posted earlier saying they worked there and had been told two bids have gone in.
He knows absolutely fuck all. Shit rag that should be dissolved.
CBS Arena bids expected to secure Coventry City home fixtures
Coventry City stadium news from CoventryLive as the CBS Arena is the subject of interest from two firm offerswww.coventrytelegraph.net
Sent from my SM-G991B using Tapatalk
Not quite sure what’s wrong with the article as it’s written to get you so upset. Turner might even have done his job (even if the CET are clearly behind the competition on this story).
Havent for a while but if you’d like to know about supply chain finance I can help?
Did you buy a lease or the company that already had one? Why would a change of ownership require approval if the lease and its parties still stand?
To be very clear in my position here: nothing I have seen from the current council suggests the have the capacity for the level of subterfuge and trickery that is being claimed. I imagine they just want it all to go away and stepping in now would be a massive PR blunder with literally no upsides. You don’t get shot if something causing you endless legal and media nightmares then just for a laugh get involved agai.
I agree. If ACL is sold the Lease continues - who owns ACL is highly unlikely to be any concern of CCC (unless there are specific clauses in the lease)Feel free to explain your theory. It’s not the lease being sold is it? It’s ACL.
Just trying to deflect for the telegraph as usual
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?