Daily Mail article on CCFC (1 Viewer)

[CovInEssex]

Not a bad read really. Put's things into another perspective.

http://www.dailymail.co.uk/sport/fo...ys-owners-open--does-trapdoor-League-One.html

 

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[cornoccfc]

Decent summary of SISUs shortcomings.

 

[Jack Griffin]

I had to sit down after reading that, I agree with something in the Daily Mail, Heavens above!
I particularly liked the bit about SISU having to keep their promisies (after previously misleading the fans).

 

[Otis]

It's something I have never found myself saying for sure!

 

[Otis]

This all sounds like stalemate anyway doesn't it! Sisu want a share in the ownership of the stadium and apparently if word is right the council and other parties involved do not wish to sell it to them!

 

[Trond Egil Soltvedt]

admitting there was a problem is a start, now they have to rectify it!

 

[Paxman II]

Thought it was a thoughtful article until the last sentence prediction!
That says Moxley believes we will go down. Think we will prove him wrong.

I must say there are very few sports writers who never get anything correct and are forever back tracking what they have said earlier.

 

[Jack Griffin]

This all sounds like stalemate anyway doesn't it! Sisu want a share in the ownership of the stadium and apparently if word is right the council and other parties involved do not wish to sell it to them!

Yes and I think they are right not to let them get their hands on it.

 

[howzer]

and it all just keeps rumbling along!!

 

[Sky Blue Sheepy]

I agree with most parts, with the exception of us going down. If this McDonald is as promising as he looks, I'll be very happy.
Re: the Arena, I find it hard to disagree with the statements. At the moment, I'd love to have SISU own it. If they do, we start generating money - simple as. They're also get the added bonus of having a big asset to sell on (new owners for us, profit they desire for SISU). On the other hand, the Council would be silly to get rid of it so cheaply.

The now infamous letter is a good start but, as said, they have to act on it now.

 

[RedSalmon]

Don't think the council will ever trust SISU with any part of the Arena. Everyone but SISU believes that the fans have been lied to, frequently, over a long period of time. Thats not a good track record to have if you want to do business with a council who are answerable to the local population. Its all right SISU putting out statements and admitting mistakes, the top and bottom of it is that the council, and an awful lot of fans' don't believe a word they say.

 

[Disorganised1]

I thought this was an excellent expression of a CCFC point of view in a national paper - maybe - just maybe this type of comment will keep people focussing on how clubs are run, and the busioness behind them.

Maybe it will prevent the leagues selling our sport to the highest bidder, whereby every game is televised and played at a time to suit the audience, be in in Japan or in America.

 

[skybluelee]

I feel all dirty now after reading an article written in the Daily Mail. I need to go and have another shower.

That said I agree with it all apart from the last line. Confident we won't go down providing we don't go into administration...

 

[stupot07]

Hilarious - you lot are just like my grandad! Re-read the last 2 paragraphs - he said that's it's important that sisu make good on their promises (quality loans, better communication, getting a stake in the arena,etc), if they don't where will they be - league one probably.

That wasn't a prediction for this specific season, although we know we're in for a struggle.

 

[TheParsonsHose]

My favorite part of the article

"If they are £30m down the drain because they trusted the wrong people with their money, that’s their look-out" Thats all very well but we were in debt before they came along so the additional debt they have created on their poor decisions may be a somewhat different number to the total.

 

[hamil99]

If the council put a poll out to all the house holds in coventry asking if they should sell the stadium to sisu, what do u think the overriding outcome would be? From what I can gather it would be a solid "no", at the moment anyway. Therefore it would surely be political suicide for them to sell! This mite be why sisu want the population to like them, as they have realised without the people of coventry behind them, the council won't sell!

 

[DoYouSpeakClingan?]

If the council put a poll out to all the house holds in coventry asking if they should sell the stadium to sisu, what do u think the overriding outcome would be? From what I can gather it would be a solid "no", at the moment anyway. Therefore it would surely be political suicide for them to sell! This mite be why sisu want the population to like them, as they have realised without the people of coventry behind them, the council won't sell!

That may not necessarily be the case. There is entirely the possibility that in this time of cuts to public services due to the deficit reduction programme, some Coventry residents could have a fit if they thought a great deal of money was being "wasted" on a mere stadium, which serves little public function other than hosting entertainment and business events- there could well be a knee jerk reaction to the idea of the Council selling the stadium on, regardless of whether SISU gains popular support or not! And at any rate, the Council could probably sell the idea that they'd be selling the stadium to 'good guys', even if they weren't!

 

[PhilWasn'tBabb]

Where that Oldskyblue guy to tell everybody that owning the ground doesn't mean we will make any money out of it..

Sounds bonks I know, but it very plausible when he writtes it.. something to do with the cost of construction still be paid off so a dividend can't be paid until its paid off..

 

[The CableGuy]

That may not necessarily be the case. There is entirely the possibility that in this time of cuts to public services due to the deficit reduction programme, some Coventry residents could have a fit if they thought a great deal of money was being "wasted" on a mere stadium, which serves little public function other than hosting entertainment and business events!

Thereby raising the profile of the City of Coventry, and bringing money into the City.

If someone told me 10 years ago that Olympic Football was coming to Coventry, "yeah right" would be a polite version of my response. The fact that events are being held here instead of say, Villa Park, shows what a great asset the Arena is.

Don't underestimate the money that will be spent in Coventry when the Olympics and other events come to town. If anything, the council need to revamp the City Centre already and encourage Arena visitors to see what Cov has to offer beyond a Cathedral and a Motor Museum.

Good article, I too fail to see where the writer said we would go down.

 

[TheSnoz]

We all know we don't have enough fans. The stayaways being a long term problem. More fans, more money. Perhaps Spain's Getafe have a cunning plan to change all that. http://www.guardian.co.uk/world/2011/aug/19/getafe-fans-sperm-donors

 

[skybluericoh]

If SISU got hold of any part of the Arena would they be prepared to invest in it's future, or would they try and run it as cheaply as they can? Would you trust them not to re-mortgage it?
If Alan Higgs/the city council/ACL sell any part of the arena business then they should demand to know who all the investors are, where the money is coming from, what there plans are, and get some sort of covenant on it so that it can not be sold to anybody without AHT approval. Cannot be sold to anybody not owning the football club, and has to be maintained to a standard of repair that will continue to attract events to the area I.E concerts- conferences-exhibitions.

 

[rob9872]

Would be interesting to see if the council could sell it to them with conditions. Unsure how that would stand up legally or if the council cared since thir responsibility is not towards CCFC fans but to the people of Coventry, but would SISU be interested if CCFC had to be the main objective for a set period of time.

 

[WillieStanley]

Now, I'm sure I read in the CET during pre-season that the Ricoh is the most profitable stadium in Europe for non-footballing events. And you've got to say, that sounds fair given the amount of massive events and gigs its held in recent years, plus rent from the company who owns G-Casino, the hotel etc. ACL are doing a great job. If we do get a stake, we really should still leave it to them to uphold the running of it.

 

[ccfcchris]

SISU have a massive job establishing trust with the fans and the jury is out as to whether they can achieve this. Having a stake in the stadium is paramount to us being able to compete at a reasonable level.
At the moment i'm happier if they dont get their hands on it. They need longer to show the fans their true colours.

 

[davebart]

a very civilised thread with some good points made.

The reality is that the fans will soon forgive SISU if the team starts winning. That is the nature of footy fans the world over.

Do they know what it takes for that to happen? I doubt it and this is my main criticism of their ownership. Unlike many I do not expect the board to either communicate with fans or to be completely honest. When has that ever happened? Never as far as I can recall. But if they are going to run a football club they should know something about football.

In my opinion it is impossible to make any money out of football without destroying the club and that was why I was so against SISU from the outset. The only reason they are in it is to make a profit. You cannot get upset about it - they have never pretended otherwise.

But the only way they can get their money out is 1. for someone to buy the club or 2. buy a controlling interest in the stadium so that the club debt can be transferred to the stadium. ie they borrow against the stadium and pay off their creditors - themselves. There is a 3 but it is so far fetched as to be laughable - get into the premier league.

 

[paul1978]

a very civilised thread with some good points made.

The reality is that the fans will soon forgive SISU if the team starts winning. That is the nature of footy fans the world over.

Do they know what it takes for that to happen? I doubt it and this is my main criticism of their ownership. Unlike many I do not expect the board to either communicate with fans or to be completely honest. When has that ever happened? Never as far as I can recall. But if they are going to run a football club they should know something about football.

In my opinion it is impossible to make any money out of football without destroying the club and that was why I was so against SISU from the outset. The only reason they are in it is to make a profit. You cannot get upset about it - they have never pretended otherwise.

But the only way they can get their money out is 1. for someone to buy the club or 2. buy a controlling interest in the stadium so that the club debt can be transferred to the stadium. ie they borrow against the stadium and pay off their creditors - themselves. There is a 3 but it is so far fetched as to be laughable - get into the premier league.

good post there
but i really hope the hoff comes back with something good as we cant really keep saying sisu out when there is noone there to come in

 

[WillieStanley]

I think the Hoff ship has sailed, sadly. He said they are waiting on administration which a can't see happening (fortunately).

I think we are just going to plough on with what we've got. Even if it's not good enough. We as fans will always, no matter what the level, aspire for better. It's just the nature of sport and there's nothing wrong with that.

 

[paul1978]

I think the Hoff ship has sailed, sadly. He said they are waiting on administration which a can't see happening (fortunately).

I think we are just going to plough on with what we've got. Even if it's not good enough. We as fans will always, no matter what the level, aspire for better. It's just the nature of sport and there's nothing wrong with that.

well thanks for the hope then chap

 

[Covstu]

Thought it was a thoughtful article until the last sentence prediction!
That says Moxley believes we will go down. Think we will prove him wrong.

I must say there are very few sports writers who never get anything correct and are forever back tracking what they have said earlier.

sorry pax, we are fooked this season!

 

[WillieStanley]

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well thanks for the hope then chap

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Eeep! Sorry!