I'm no financial wizard, so what would Shitsu make if they liquidated the club? They would lose the reported £35 million invested in the club. Can they get this back as a tax write off or is it just lost? Realistically what assets are there left?
Ryton. We already know there is planning permission submitted on it but Sport England have said it must be replaced with other sporting pitches before it can go ahead. Can they stop houses being built? If so what is Ryton actually worth to them?
Player sales, of the current squad who is a saleable asset and what are they worth? Surely these can only be sold in a transfer window and other clubs aren't stupid. They will see what's going on and realise that in a few weeks they will be able to sign these players on a free as they will be unemployed. So they wouldn't be sold anywhere near market value. We have no world beaters, at best we have average league 1 players.
There are probably a few other sundries like office furniture, IT etc but nothing major.
This leaves the Golden share. What is it worth? Would the football league play hard hardball over it and stop an MK Dons type takeover meaning any new club would have to remain Coventry area based.
At present I can't see the club being worth any more than 3-4 million at best. Would Shitsu accept an offer like that or would they out of spite liquidate the club and get the same money?
It has got to the stage where I can see someone being so irate with Shitsu that they will go and find them and cause them physical harm. Fisher had to leave a pub after an away game already having been jostled.
What can we do as fans? Blackpool fans made an offer of 16 million to the Oystons to buy the club. Oystons rejected the offer but it was taken seriously. Could we as fans come up with 3-4 million to be able to make the offer?