Just for clarification, the freehold of the Ricoh Arena is held by Coventry City Council. However, Wasps purchased a 250 year lease on the Arena, which in every practical sense, means they 'own' the facilities.
Last year Wasps (somewhat reluctantly) agreed a one year extension to Coventry City's short term lease, which runs out at the end of this season. At the time they made it clear they would not agree any further extensions / lease agreements until Sisu ceased their legal actions. Wasps have reaffirmed that position today.
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Most liked posts in thread: Coventry City
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Stafford Bantam CaptainModerator P.L.22/23 Entrant P.L.23/24 Entrant Supporter P.L. 20/21 Top 30Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...Dennis likes this.
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Stafford Bantam CaptainModerator P.L.22/23 Entrant P.L.23/24 Entrant Supporter P.L. 20/21 Top 30
It seems the powers that be are telling Coventry fans that whilst they believe it would be better to remain, if they have to leave, it will be far better to leave with a deal rather than without one. Sound familiar?Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...Dennis likes this. -
Stafford Bantam CaptainModerator P.L.22/23 Entrant P.L.23/24 Entrant Supporter P.L. 20/21 Top 30
The crux of the matter is that Coventry City's owners, Sisu, aggressively take anyone and everyone, that gets in their way, to court. Not surprisingly, they keep losing these court cases, but this still doesn't seem to put them off.
The Ricoh Stadium's owners, Wasps, refuse to negotiate any new deal, with Coventry City, until Sisu promise to drop the current legal actions they are pursuing.
This seems to be a bit like the Brexit negotiations, a case of who is going to blink first. If neither Sisu or Wasps back down, then that will leave Coventry City scrambling around looking for a new ground share arrangement elsewhere.Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand... -
I thought that Sisu had already negotiated a new lease agreement with the stadium owners significantly less than the £1m they had originally agreed to. What's the current issue between Sisu and Wasps?
Sisu have acted as real ar$eholes throughout this entire sage even before Wasps bought the Ricoh! -
Do you know the nature of the legal action being taken by Sisu? Is it against Sisu or ACL or Coventry Council?
It does sound like it's a matter of who blinks first! -
Stafford Bantam CaptainModerator P.L.22/23 Entrant P.L.23/24 Entrant Supporter P.L. 20/21 Top 30Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...
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Stafford Bantam CaptainModerator P.L.22/23 Entrant P.L.23/24 Entrant Supporter P.L. 20/21 Top 30
The EFL have now started a consultation with Coventry fans on a ground share arrangement up to 50 miles from Coventry, as an alternative to expulsion from the League.
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It sounds as if they have somewhere lined up if they are asking about such a distance -
NorthernMonkey Squad PlayerP.L. 20/21 Entrant P.L.23/24 Entrant
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This is 50mile radius round Coventry, covers a huge area
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NorthernMonkey Squad PlayerP.L. 20/21 Entrant P.L.23/24 Entrant
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Back to Northampton is an option,
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NorthernMonkey Squad PlayerP.L. 20/21 Entrant P.L.23/24 Entrant
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Stafford Bantam CaptainModerator P.L.22/23 Entrant P.L.23/24 Entrant Supporter P.L. 20/21 Top 30
Sent to Birmingham:
https://www.efl.com/news/2019/june/efl-statement-coventry-cityStop hovering to collapse... Click to collapse... Hover to expand... Click to expand... -
they would be better of starting up an afc Coventry as SISU are going nowhere. Bloodsuckers