Sky Blue Dal
Well-Known Member
If we all chip in, the fans can get there own independent valuator , considering the amount of money we have saved from not attending the home matches can go to this use.
"Name Your Price" says Ann Lucas (1 Viewer)
- Thread starter Nick
- Start date
If we all chip in, the fans can get there own independent valuator , considering the amount of money we have saved from not attending the home matches can go to this use.
Nick
Administrator
Maybe the trust could do it, get a couple of valuations and say there you go, this is what it is worth. If for example the valuations say it is worth 40 million and SISU offer 5 we know SISU are taking the piss. If the council say they want 70 we know it's them taking the piss.
The only thing is to get a true valuations surely you would need to see ACL's accounts etc to see what they are making? I don't know how it would work.
Kingokings204
Well-Known Member
The telegraph as surely its their job. To investigate? Also to your previous comment I think they want all the surrounding area also. We are told this is where the value is.
Sky Blue Dal
Well-Known Member
So they Offering £4m for the stadium and the surrounding land... Am I right in saying that??? ... the Coventry Tax payers will not be happy if that is the case. The CCC can do much better selling elsewhere.
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Sky Blue Dal
Well-Known Member
here! here!!
shmmeee
Well-Known Member
Fuck me, that Labovitch statement is a case study for an English teacher somewhere! Talk about innuendo and emotive language.
One thing to remember is the Council are owed £14m by ACL. Sisu, as we know, enjoy switching assets around and liquidating companies with nothing but debt to get out of their obligations (oh sorry, I mean "playing the distressed debt market"). Surely in that case the Council have to write off £14m on any sale to Sisu.
I was told the offer made was roughly £5m, but with the proviso CCC wrote off the £14m debt. That would result in Sisu basically being paid £9m for the arena.
Still don't understand this assumption that the Council need to make the first move either. You want the thing, make a fucking offer.
One thing to remember is the Council are owed £14m by ACL. Sisu, as we know, enjoy switching assets around and liquidating companies with nothing but debt to get out of their obligations (oh sorry, I mean "playing the distressed debt market"). Surely in that case the Council have to write off £14m on any sale to Sisu.
I was told the offer made was roughly £5m, but with the proviso CCC wrote off the £14m debt. That would result in Sisu basically being paid £9m for the arena.
Still don't understand this assumption that the Council need to make the first move either. You want the thing, make a fucking offer.
Sky Blue Dal
Well-Known Member
A proper one at that!!!
They are literally attempting to carry out a ram raid on the city of Coventry!
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great post valiant can you email sisu hq with this? would love to see their face...:claping hands:
RoboCCFC90
Well-Known Member
oldskyblue58
CCFC Finance Director
never actually said "name your price" though did she. Says she will talk, but the offers have to be sensible and nothing ruled in or out, which would include CCC retaining ownership. The headline makes it seem it is all up for sale and that is not what was said.
There is enough confusion, PR twisting etc without these CT headlines. Am irritated by such more than made to feel a deal is near
If there is a deal to be done then talk realistically away from the press....... if not both sides should say so and get on with what they have left. Just do it one way or another
There is enough confusion, PR twisting etc without these CT headlines. Am irritated by such more than made to feel a deal is near
If there is a deal to be done then talk realistically away from the press....... if not both sides should say so and get on with what they have left. Just do it one way or another
The fishers and labovitches of this world make me sick mate.
Greedy self loving egotistical Bastards
RoboCCFC90
Well-Known Member
I remember us speaking privately regarding a independent valuation of the Arena, wouldn't be easy to accomplish would it OSB?
RoboCCFC90
Well-Known Member
Why don't you tell us how you all feel Valiant?
Sky Blue Kid
Well-Known Member
Hows about those slimy bunch of twats catch the train to COVENTRY!!!
If i was the CCC i would start selling the land surrounding and see Sisu start to jump ,,, that is what they are after the Ricoh is the sideshow, Just like the club is being used with the rent epidsode, its to misdirect in what Sisu's true intention is.. Land grab for development,, Club, city, history and fans do not come into this sadly all are used to gain control of where the true money really is... If Sisu wanted the Ricoh they would be back,, they are controlling all until the CCC start to fight back and look after the cities interests,, Sisu will have upper hand..
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RoboCCFC90
Well-Known Member
Joy won't come to Coventry SBK..
Kingokings204
Well-Known Member
For a reason.
Sky Blue Kid
Well-Known Member
Patronising someone who expresses how 99% of CCFC fans really feels is a bit off mate!
I feel better now that ive had my daily rant!!!
NorthernWisdom
Well-Known Member
Am I missing something that stops SISU getting an independent valuation, releasing this independent valuation publicly, and publicly offering a price based on that to the council/ACL/whoever they need to?
Why does the council need to get a valuation at all? Surely if SISU made that running, they could start a process that sees public opinion swing behind them?
Why does the council need to get a valuation at all? Surely if SISU made that running, they could start a process that sees public opinion swing behind them?
she doesnt want to get her armani shoes dirty? she doesnt know where cov is?
RoboCCFC90
Well-Known Member
RoboCCFC90
Well-Known Member
Astute
Well-Known Member
No need to. We all know SISU are taking the piss and would never make a proper offer. All they are interested in is litigation to try and get their own way. Us fans are nothing more than the shit on the bottom of their shoe. They have threatened us fans with litigation but nothing has happened to the journalists so far for coming out with the truth. They don't care who they trample on. They even try and make out an offer to play for free made to the FL so they can prove an offer has been made and also as they say having a middleman would help wasn't made :thinking about:
The vast majority of us are not as thick as Joy hoped. And the threat of litigation for anyone speaking out hasn't scared us all. I would have been more vocal but have taken time off work to be in hospital with my youngest. I will never keep my gob shut. You don't scare me. Come and get me Joy.
oldskyblue58
CCFC Finance Director
As we discussed it isnt as straight forward as it seems Robo. Plus above all it has to attain a value that is tempting to CCC in order to move it forward.
I think ACL may well have regular valuations done for their audit but I am not sure there is any obligation for CCC to value their freehold interest
NorthernWisdom
Well-Known Member
I'd suggest any offer at least kicks off negotiations.
Like the best haggles, they laugh at each other, keep talking, eventually meet somewhere both are happy with... chances are each side thinks they've ripped the other off, maybe one has, but a deal is done.
Copntinuing a Gnetleman's excuse me doesn't even kick off the process though!
RoboCCFC90
Well-Known Member
Agreed. It does need to be something that either Sisu or CCC (preferably Sisu) initiate so that as you say we can try and move this situation forward.
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Sky Blue Kid
Well-Known Member
I've said it before, and I'll say it again. If SISU get their hands on the Ricoh, the Football Club will become "Surplus to requirements within 2 years" FFS open your eyes guys. They have no interest in the football...Septic has openly said so. It will be the blackest day in CCFC history. Mark my words! I've been right throughout their tenure about this shower of shit...and I'm not wrong on this either.
£25-26m isn't a bad guess.
- £14m to buy out the mortgage and the freehold
- £6m to buy the Higgs shares
- £6m for the ccc shares
Maybe a little more for the ACL shares and a little less for the mortgage and the freehold.
Put the freehold in a propco under the SBS&L umbrella.
Release ACL from their duties and bring in AEG to manage the stadium.
hill83
Well-Known Member
That's a bit patronising is it not?
RoboCCFC90
Well-Known Member
All seems pretty logical, but as we know with this situation logical isn't something recognised by either party.
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I would say the most logical part is probably sisu - they live on numbers.
CCC is probably the least logical part - they live on oppinions.
