Recent content by SkybluG

i am assuming they can, as at the moment they are still the ones paying all the wages and bills etc, and until someone else is paying the wages then i think they feel entiltled to make decisions

Just a thought , SISU take over club and 30 million of debt Transfer it to other sisu company, but debt still owed to banks Borrow another 2 million a year to cover running costs Total cash investment zero, total borrowings from banks 40 million Now, looking at their plan for ACL...

or PH4 may go in with SISU to build a new stadium with the associated hotels etc etc and get maximum return on it, unlike the arena where without a footy club what sort of return would he get?

SISU plan all along was to wrap it up in the courts so long that no one else will touch it with a barge pole. Then they can come out of administration and either re-negotiate with ACL or relocate somewhere else

No it reads right - if not further information is forthcoming, PHIV will withdraw bid and sale to SISU will progress

SISU have won!!!! PHIV will lose interrest now and SISU will bring CCFC Ltd out of administration on the 29th May and carry on as before. Ball back in council/Higgs court now - reach a deal with SISU or the sky blues will be playing outside of coventry next year

Yes, the council will be a noose around the neck of the club. We need a new ground we own, even if that means putting up with sisu for a while longer

Agree with you but I think he means acl which is why it has a 40 mill price tag for the council half

But they are not just saying sisu, they won't sell their share to any owner. The council are killing our club but they will he away with it while sisu are here.

so SISU will be able to vote through the deal they want from administrators as they have more than the 75% of creditor value required Looks like SISU game is to write of £8 million of their money to get out of the rent deal

So if the other option was club going out of existence would u choose that instead

Then sisu, from a business point if view, are right to take actions to get the tenancy ripped up and explore alternatives. The club simply isn't viable without owning the ground.

Didn't say admin. I said sky blues going out if existence

If it comes to a straight choice between a) the sky blues going out of existence or b) the council sell acl to sisu at a fair price, which would the council choose?