Non AMP
Sky Blues Talk
  • Home
  • Forums
  • Coventry City Football Club
  • Coventry City General Chat
This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

WASPS press conference from the Ricoh at 10am (1 Viewer)

  • Thread starter italiahorse
  • Start date Oct 8, 2014
Forums New posts
Status
Not open for further replies.
Prev
  • 1
  • …
  • 4
  • 5
  • 6
  • 7
  • 8
Next
First Prev 6 of 8 Next Last

Otis

Well-Known Member
  • Oct 8, 2014
  • #176
Ashdown said:
They haven't bought the road network, the surrounding land, car parking ?, casino or hotel though have they ?
Click to expand...


Just saying a new stadium isn't going to have all that.

We move and it will be from a first class arena to a tinpot stadium, probably in the middle of Nowheresville.
 
G

Godiva

Well-Known Member
  • Oct 8, 2014
  • #177
Ashdown said:
You can't angle any good out of this for SISU, they are still very culpable in all of this coming around. It's one shocking fuck up that has been coming since 2001 !
Click to expand...

I am not angling any good for sisu. But I do try to advocate that the other parties CCC/ACL/Higgs are not squeaky clean either.
ACL refused any rental discount up till the point of the 'road-map'.
CCC bought the mortgage (at too high a price) in a secret deal (till it was done) fully knowing it would lay any deal with ccfc dead.
Now it seems CCC negotiated the Wasp deal in parallel with the negotiations with the club.

The club is left without any hope of ever owning ACL and will probably be forced to build a new stadium.
Not simply because of what CCC have done, or simply because of what ACL have done, or what sisu have done ... they all contributed and are all to blame!
 
Reactions: ccfc1234

Otis

Well-Known Member
  • Oct 8, 2014
  • #178
CCFC said:
No thanks I'd rather build a new stadium than become long term tenants to wasps.

We push for a 50% stake in the Ricoh
Click to expand...

Agreed. Sisu now enter into discussion for this to be a joint ownership enterprise.
 

italiahorse

Well-Known Member
  • Oct 8, 2014
  • #179
CCFC said:
No thanks I'd rather build a new stadium than become long term tenants to wasps.

We push for a 50% stake in the Ricoh
Click to expand...

Surely it's a business decision ?
A good rental deal is better than financing a new stadium, surely ?
 

Moff

Well-Known Member
  • Oct 8, 2014
  • #180
chiefdave said:
It was being posted about on here a couple of years ago, although it was dismissed by many as there was no chance of anyone else being interested in the Ricoh. Find it hard to believe that forum posters heard about it but SISU had no idea.
Click to expand...

I dont think it was dismissed out of hand Dave, its just people looked at it logically and ruled out local teams such as the Warriors, Saints or the Tigers moving here as they all have their own stadia already.

I guess people just didn't think about a club being uprooted so far, and thus becoming a franchise team, as this is what we were all so angry about in the first place with our ill fated move to Northampton.

I guess in all the Council pleadings for the Club to come home, it didn't seem likely they would be taking the opposite stance with another team and encouraging them to leave their home and fans.
 
A

Ashdown

Well-Known Member
  • Oct 8, 2014
  • #181
Otis said:
Just saying a new stadium isn't going to have all that.

We move and it will be from a first class arena to a tinpot stadium, probably in the middle of Nowheresville.
Click to expand...

It won't happen Otis ...........It is and has always been SISU clap trap and lies !
 

Evo1883

Well-Known Member
  • Oct 8, 2014
  • #182
coventry city being dictated to by a london team in coventry , now thats funny .im completely fed up tbh , i dont know where we go from here , as our current deal will only ever really allow us to just "get by" , so basically league 1 , 2 or a flukey promotion to the championship it is then ....cant wait
 
G

Godiva

Well-Known Member
  • Oct 8, 2014
  • #183
Otis said:
As has been said though, that could be 2 years planning for Wasps. Doesn't mean ACL were involved necessarily at that point.
Click to expand...

True, but their owners must have been involved.
 
A

Ashdown

Well-Known Member
  • Oct 8, 2014
  • #184
Godiva said:
I am not angling any good for sisu. But I do try to advocate that the other parties CCC/ACL/Higgs are not squeaky clean either.
ACL refused any rental discount up till the point of the 'road-map'.
CCC bought the mortgage (at too high a price) in a secret deal (till it was done) fully knowing it would lay any deal with ccfc dead.
Now it seems CCC negotiated the Wasp deal in parallel with the negotiations with the club.

The club is left without any hope of ever owning ACL and will probably be forced to build a new stadium.
Not simply because of what CCC have done, or simply because of what ACL have done, or what sisu have done ... they all contributed and are all to blame!
Click to expand...

I think we all agree with your first line but no, the club won't build anything, it's bullshit and lies that they will continue to spin until after their final court appearance fails !
 

SkyBlue_Bear83

Well-Known Member
  • Oct 8, 2014
  • #185
italiahorse said:
Surely it's a business decision ?
A good rental deal is better than financing a new stadium, surely ?
Click to expand...

How good can a rental deal be though, it hasn't worked over the last 10 years has it?

I'd imagine we've got a pretty good/fair deal at the moment and Fisher said that the current deal is only viable in league 1.
 

covcity4life

Well-Known Member
  • Oct 8, 2014
  • #186
11th hour bid for acl 50%?

do it sisu if we are offered the chance.
 

Evo1883

Well-Known Member
  • Oct 8, 2014
  • #187
what will be more infuriating , is watching wasps reap the benefits of revenue and inevitibly lift trophy after trophy at the ricoh arena , whilst the football club will be scraping by for its very survival
 

Mary_Mungo_Midge

Well-Known Member
  • Oct 8, 2014
  • #188
Moff said:
As I have said before Haskell is just a poor mans Tom Wood.

(this is a joke, as Haskell is a friend of MMM and I like to rib him about it, and Tom Wood is Cov lad who is vice captain of Northampton Saints and England and is clearly a better player than that lump Haskell )
Click to expand...

Consider him informed!! :welcome:
 
Last edited: Oct 8, 2014
G

Godiva

Well-Known Member
  • Oct 8, 2014
  • #189
skybluesam66 said:
Singers in Stingers union

They will then shorten it
Click to expand...

LOL - took me 5 seconds to get it.
 

Moff

Well-Known Member
  • Oct 8, 2014
  • #190
Otis said:
We should also boycott khaki shorts and brown sandals.

Total cut off from any rugby association. We can also ban the names Tarquin and Rupert and anything double barrelled.
Click to expand...

I always thought Fisher's surname wasn't actually Fisher and it was actually a double barreled one, F*cking Twat, as that's what everyone called him
 

SkyBlue_Bear83

Well-Known Member
  • Oct 8, 2014
  • #191
Apparently Coventry City Ltd still has first refusal on the Higgs 50% so it will be offered to the liquidator of CCFC Ltd before wasps purchase goes through
 

The Penguin

Well-Known Member
  • Oct 8, 2014
  • #192
CCFC said:
Apparently Coventry City Ltd still has first refusal on the Higgs 50% so it will be offered to the liquidator of CCFC Ltd before wasps purchase goes through
Click to expand...

Great. So the entity that could acquire the other 50% is, in fact, a dead non-entity that has nothing to do with CCFC anymore?

This just keeps getting better. :jerkit:
 

Evo1883

Well-Known Member
  • Oct 8, 2014
  • #193
what revenues can be earned from the higgs 50% , its not 50% of all stadium revenue is it
 

Otis

Well-Known Member
  • Oct 8, 2014
  • #194
Ashdown said:
It won't happen Otis ...........It is and has always been SISU clap trap and lies !
Click to expand...

Agreed. So, we have to stay at the Ricoh. If that is not in Sisu's plans then they must reliquish ownership.

How much now would CCFC be worth? How much do we think they would sell the club for?
 

The Penguin

Well-Known Member
  • Oct 8, 2014
  • #195
I might be wrong, but it'd be 50% ownership of ACL.

Which, I suppose, might mean 50% of all revenues.

Might be wrong though
 
G

Godiva

Well-Known Member
  • Oct 8, 2014
  • #196
Ashdown said:
I think we all agree with your first line but no, the club won't build anything, it's bullshit and lies that they will continue to spin until after their final court appearance fails !
Click to expand...

BS and lies?
Like ...
'we're here for the long term'
'we may liquidate the club' (ccfc ltd/holding)
'we will move out of the Ricoh'

just to mention 3 previous BS/lies.
 

Moff

Well-Known Member
  • Oct 8, 2014
  • #197
Otis said:
BT Sport are here with their cameras. Ann Lucas is called over for an interview and jokes "yesterday was my day! Today isn't about me!"
Click to expand...

So yesterday wasnt about the City, CCFC, The Ricoh, Cov Rugby Club, or even franchise tossers Wasps, it was all about her. What a clueless woman, and a disgrace to the Council.
 
Last edited: Oct 8, 2014
W

Woodster

Well-Known Member
  • Oct 8, 2014
  • #198
So for a shade over the money we received for Wilson in the summer we could own half of the Ricoh..

I don't think for a minute that will happen, but if it did who would then be landlords?! Just split down the middle?

I know there's a question over the loan and taking parts of that on but £2.8m at our current reported rates we be equal to 2 years and 4 months rent. No brainier, which is why I fully expect a statement about continuing to build their own stadium.
 

Evo1883

Well-Known Member
  • Oct 8, 2014
  • #199
The Penguin said:
I might be wrong, but it'd be 50% ownership of ACL.

Which, I suppose, might mean 50% of all revenues.

Might be wrong though
Click to expand...
i dont think thats the case , im pretty sure ACL had the business share basically
 

Rusty Trombone

Well-Known Member
  • Oct 8, 2014
  • #200
The Penguin said:
Great. So the entity that could acquire the other 50% is, in fact, a dead non-entity that has nothing to do with CCFC anymore?

This just keeps getting better. :jerkit:
Click to expand...

It's not dead though, the club (or rathers the clubs owners) can still buy the share. This is excellent news.
 

fernandopartridge

Well-Known Member
  • Oct 8, 2014
  • #201
Is that what has held up CCFC Ltd's liquidation? Hmmmm
 
G

Godiva

Well-Known Member
  • Oct 8, 2014
  • #202
covcity4life said:
11th hour bid for acl 50%?

do it sisu if we are offered the chance.
Click to expand...

Most likely the purchase of CCC's shares are conditioned on the purchase of Higgs shares.
So no chance sisu would be offered the chance.
 

chiefdave

Well-Known Member
  • Oct 8, 2014
  • #203
Woodster said:
So for a shade over the money we received for Wilson in the summer we could own half of the Ricoh.
Click to expand...

I was very disappointed to lose Wilson but if SISU had said we're selling Wilson to buy the Ricoh I wouldn't have complained.
 

The Penguin

Well-Known Member
  • Oct 8, 2014
  • #204
Rusty Trombone said:
It's not dead though, the club (or rathers the clubs owners) can still buy the share. This is excellent news.
Click to expand...

Ah, cool. Thanks for that.

We/they won't buy the share though, so.....
 

Rusty Trombone

Well-Known Member
  • Oct 8, 2014
  • #205
30 days to decide if SISU want the other 50%.

http://www.coventrytelegraph.net/sp...-news/coventry-city-owners-sisu-still-7902231
 
G

Godiva

Well-Known Member
  • Oct 8, 2014
  • #206
CCFC said:
Apparently Coventry City Ltd still has first refusal on the Higgs 50% so it will be offered to the liquidator of CCFC Ltd before wasps purchase goes through
Click to expand...

I don't think CCFC ltd have that kind of cash sitting, so it's a non-starter.
Even if they did, could a company in liquidation actually buy and sell-on assets?
 
W

Woodster

Well-Known Member
  • Oct 8, 2014
  • #207
Godiva said:
I don't think CCFC ltd have that kind of cash sitting, so it's a non-starter.
Even if they did, could a company in liquidation actually buy and sell-on assets?
Click to expand...

Which company is the club now, CCFC Holdings?!
 

chiefdave

Well-Known Member
  • Oct 8, 2014
  • #208
Godiva said:
I don't think CCFC ltd have that kind of cash sitting, so it's a non-starter.
Even if they did, could a company in liquidation actually buy and sell-on assets?
Click to expand...

They seemed to have no trouble shift assets around as they felt like, sure they could find a way round it. Would essentially be Otium giving Ltd the money and Ltd passing back the 50% stake.
 

The Penguin

Well-Known Member
  • Oct 8, 2014
  • #209
I bloody well hope they pursue it.

Get that revenue they so desperately crave without incurring greater debt to build an alleged stadium on an alleged plot of alleged land.
 

stupot07

Well-Known Member
  • Oct 8, 2014
  • #210
CCFC said:
How good can a rental deal be though, it hasn't worked over the last 10 years has it?

I'd imagine we've got a pretty good/fair deal at the moment and Fisher said that the current deal is only viable in league 1.
Click to expand...

Agreed. Rent only deal confines us to a league one - championship yoyo club at best.


Sent from my iPhone using Tapatalk - so please excuse any spelling or grammar errors
 
Prev
  • 1
  • …
  • 4
  • 5
  • 6
  • 7
  • 8
Next
First Prev 6 of 8 Next Last
Status
Not open for further replies.

Users who are viewing this thread

Total: 2 (members: 0, guests: 2)
Share:
Facebook Twitter Reddit Pinterest Tumblr WhatsApp Email
  • Home
  • Forums
  • Coventry City Football Club
  • Coventry City General Chat
  • Default Style
  • Contact us
  • Terms and rules
  • Privacy policy
  • Help
  • Home
Community platform by XenForo® © 2010-2021 XenForo Ltd.
Menu
Log in

Register

  • Home
  • Forums
    • New posts
    • Search forums
  • What's new
    • New posts
    • Latest activity
  • Members
    • Current visitors
  • Donate to the Season Ticket Fund
X

Privacy & Transparency

We use cookies and similar technologies for the following purposes:

  • Personalized ads and content
  • Content measurement and audience insights

Do you accept cookies and these technologies?

X

Privacy & Transparency

We use cookies and similar technologies for the following purposes:

  • Personalized ads and content
  • Content measurement and audience insights

Do you accept cookies and these technologies?