SISU ready to sell? (7 Viewers)

[Sky_Blue_Dreamer]

But don't Red Bull completely rebrand their football teams in their own image including the team names, kits and club badges?

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Not sure if the above is completely up to date, but the only resemblance to what we were would be we have 'Coventry' in the team name.

I can understand fans wanting more success and top flight football again, but I'd not want that at the cost of losing the clubs identity as well

 

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[Sky_Blue_Dreamer]

I want a Saudi so we can have people beheaded in the centre circle at half time.

And then Kick for Cash played with it afterwards.

 

[Grendel]

I think Sisu have realised that they can’t take the club any further forward. Realistically, they won’t get a massive price for us either. Listening to the price of football podcast last week, they were saying that on paper you can only value players on what they were purchased for. So in real terms that’s 5-8 million tops. I’m not sure how much the training ground is worth? Maybe 5-6 million. So in essence we’re worth £15m tops and we don’t have the lease for the ground. I can’t see what Sisu’s exit plan is.

The training ground has charges against them. They have loans and interest charges amounting to over £20 million (?) wouldn’t seem much to buy really is there?

 

[hammerman]

We’ve got the perfect set up for it. Central in the country, big arena, concert spaces, event spaces.


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But we don’t have it though do we. The perspective buyer will have to pay the £32m for the lease and then buy the club for £30 that Sisu want for it. There is no way on earth anyone would buy a championship club for £62m

 

[Deleted member 5849]

But we don’t have it though do we. The perspective buyer will have to pay the £32m for the lease and then buy the club for £30 that Sisu want for it. There is no way on earth anyone would buy a championship club for £62m

In that instance, I can find the money for the club

 

[SkyblueDad]

RB Leipzig are one of the most hated clubs in Germany

Isn’t the hatred of Leipzig a bit political too something to do with their East German connections of years ago.

 

[SlowerThanPlatt]

Isn’t the hatred of Leipzig a bit political too something to do with their East German connections of years ago.

…no. Fan ownership is a big thing in Germany, they get around this by setting the price of their ‘memberships’ ridiculously high so the ordinary fan can’t get on board.

 

[Moff]

It’s lovely to see instead of arguing over whether O’Hare is leaving or not, we are now arguing over potential bidders like Red Bull and Mike Ashley who may never have an interest in the club.

Outstanding effort

 

[clint van damme]

But we don’t have it though do we. The perspective buyer will have to pay the £32m for the lease and then buy the club for £30 that Sisu want for it. There is no way on earth anyone would buy a championship club for £62m

Wolves went for far less than 62 mil with far more assets.

 

[HuckerbyDublinWhelan]

But we don’t have it though do we. The perspective buyer will have to pay the £32m for the lease and then buy the club for £30 that Sisu want for it. There is no way on earth anyone would buy a championship club for £62m

I’d disagree - the going rate for Derby with the stadium was 50m, Birmingham sold for 80m to the Chinese owners.

Forest cost 50m, and Hull who are an infinitely smaller club than us went for 30m

I’d say us at 62m - with the lease is about right

 

[SkyblueDad]

I’m not into all this club and ground situation, are they not separate issues one step at a time a buyer buys the club fuck sisu off and then look to the ground situation, could buy it or a share of it perhaps.

 

[HuckerbyDublinWhelan]

I’m not into all this club and ground situation, are they not separate issues one step at a time a buyer buys the club fuck sisu off and then look to the ground situation, could buy it or a share of it perhaps.

Any smart person would do it the other way round… ground first club second

 

[SlowerThanPlatt]

Any smart person would do it the other way round… ground first club second

That explains it then.

 

[Deity]

Any smart person would do it the other way round… ground first club second

You are joking right ? So that Sisu can set an even higher price for the football club knowing that someone owning the ground needs the club too ??

no any smart person would make both deals contingent upon each other.

 

[HuckerbyDublinWhelan]

You are joking right ? So that Sisu can set an even higher price for the football club knowing that someone owning the ground needs the club too ??

no any smart person would make both deals contingent upon each other.

They don’t necessarily need the club though so they. Could buy the ground and rent it to wasps and CCFC.

your second point stands though. Agree both at the same time.

 

[bawtryneal]

The Derby takeover only happened due the stadium ownership being resolved.

 

[Flying Fokker]

I’m not into all this club and ground situation, are they not separate issues one step at a time a buyer buys the club fuck sisu off and then look to the ground situation, could buy it or a share of it perhaps.

Need a stadium, need new owners. They go together.

 

[HuckerbyDublinWhelan]

The Derby takeover only happened due the stadium ownership being resolved.

But still in total cost around 50m

 

[Brylowes]

I mean why do we need to be liked by other fans? I’m not sure MK Dons fans really care about anyone else’s opinion

And Millwall, apparently no one likes them and they don’t care!!!

 

[wince]

Does this mean we are not building a new stadium then

 

[Skybluedownunder]

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If happily sell our soul. We’ve been out the premiership for over 20 years, we’ve won 1 cup final in our history, I’d be prepared to give it up for success and something we could really get around.

Melbourne Heart became Melbourne City when they were took over by the Man City group and nobody cared but football is a lot less cared about here. They were garbage and now doing much better and won the league relatively recently so was worth it


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[Skybluedownunder]

But we don’t have it though do we. The perspective buyer will have to pay the £32m for the lease and then buy the club for £30 that Sisu want for it. There is no way on earth anyone would buy a championship club for £62m

Who’s really going to take over the lease for that amount? Wasps are desperate! It will go for a lot less, they are fucked


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[SeaSeeEffCee]

If happily sell our soul. We’ve been out the premiership for over 20 years, we’ve won 1 cup final in our history, I’d be prepared to give it up for success and something we could really get around.

Melbourne Heart became Melbourne City when they were took over by the Man City group and nobody cared but football is a lot less cared about here. They were garbage and now doing much better and won the league relatively recently so was worth it


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Christ

 

[fernandopartridge]

If happily sell our soul. We’ve been out the premiership for over 20 years, we’ve won 1 cup final in our history, I’d be prepared to give it up for success and something we could really get around.

Melbourne Heart became Melbourne City when they were took over by the Man City group and nobody cared but football is a lot less cared about here. They were garbage and now doing much better and won the league relatively recently so was worth it


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Nobody cared about Melbourne Heart because nobody cared about Melbourne Heart

 

[Liquid Gold]

Nobody cared about Melbourne Heart because nobody cared about Melbourne Heart

Just like nobody cares about Melbourne City

 

[Skyblue_CP]

If happily sell our soul. We’ve been out the premiership for over 20 years, we’ve won 1 cup final in our history, I’d be prepared to give it up for success and something we could really get around.

Melbourne Heart became Melbourne City when they were took over by the Man City group and nobody cared but football is a lot less cared about here. They were garbage and now doing much better and won the league relatively recently so was worth it


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Clueless

 

[Skybluedownunder]

Clueless

You can’t live in the past of what was 30-40 years ago. We need to attract new fans, the kids of today. They aren’t aware of the old days, the premier league days, the days of highfield road.

Yeah the history is good for people who remember it but we need to grow our fan base and history 30 years ago isn’t it. It’s a business!


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[COVKIDSNEVERQUIT]

Does this mean we are not building a new stadium then

It was never going to happen.

 

[Paxman II]

What would SISU need to recoup the original investment and what they have spread about in varuios companies? To clear them off the books would it be somewhere around 30m?
The club is gettin astable foothold now and increasing revenue streams. The stadium has a sub let for 10 years and now the possibility (if rumour is correct) a way to purchase the full lease of the stadium from WASP (was it 150 year lease?)
Any business person will look at that as a 'whole' and very favourable. 50m say would be cheap!
Would SISU cash in on our star players first? - forcing new owners to find immediate cash for replacements?

 

[Liquid Gold]

You can’t live in the past of what was 30-40 years ago. We need to attract new fans, the kids of today. They aren’t aware of the old days, the premier league days, the days of highfield road.

Yeah the history is good for people who remember it but we need to grow our fan base and history 30 years ago isn’t it. It’s a business!


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It being a business is one element to it.

If you want to get rid of everything else to accommodate only the business side then you're a very different supporter to me.

Sir Bobby Robson say it better than I ever could:

"What is a club in any case? Not the buildings or the directors or the people who are paid to represent it. It’s not the television contracts, get-out clauses, marketing departments or executive boxes. It’s the noise, the passion, the feeling of belonging, the pride in your city. It’s a small boy clambering up stadium steps for the very first time, gripping his father’s hand, gawping at that hallowed stretch of turf beneath him and, without being able to do a thing about it, falling in love.”

I would never throw that away to become a sport washing product for a global entertainment brand and attract a few kids with no real association to the club on the way.

 

[play_in_skyblue_stripes]

Just like nobody cares about Melbourne City

As someone who has lived in Melbourne quite a bit here is my take on Melbourne Heart and Melbourne City.
Never really understood why Melbourne Heart would attract new fans when Melbourne Victory had been created a few years earlier. They did though attract new set of fans, although in less numbers. Prior to A League being set up the old teams were supported mostly on Ancestral heritage lines which caused a lot of problems. Maybe Heart tapped into certain Ancestral line, I don't really know.

Within a couple of years Manchester City took them over. They have been quite successful. However overall the standard is disappointing. I love football but only went to one match Melbourne Victory v Sydney. The atmosphere was good but A league is going backwards in its significance.

The national team also has gone backwards although thankfully we qualified for world cup again somehow.

After suffering the awful SISU era, the last thing I would want as a reward is Red Bull refranchising. We have finally got our respect back. Last season was great. We have proved what a great club Coventry City are by how well our fans were viewed by others last season.

All conjecture but here is my view in on Mike Ashley. Anyone remember how he ran Sports Direct and treated his workers? I'm very much anti SISU on what they have done but there are a lot of other questionable owners out there. I think that's the nicest thing I've ever ever said about SISU!!
I did bump into Joy after a game last year and she seemed OK.

 

[Cov98]

You can’t live in the past of what was 30-40 years ago. We need to attract new fans, the kids of today. They aren’t aware of the old days, the premier league days, the days of highfield road.

Yeah the history is good for people who remember it but we need to grow our fan base and history 30 years ago isn’t it. It’s a business!


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I understand where you're coming from, but as someone who's grown up only knowing us to be shit I still wouldn't want a complete rebrand. Would you want to support MK Dons if you were a Wimbledon fan? I know it's not quite the same thing but it wouldn't be Coventry City if we were took over by someone like Red Bull.

Red Bull Coventry City playing in the piss drink arena wearing completely different colours in a stadium full of plastic fans isn't something that appeals to me if I'm honest.

We definitely need investment and sponsorship / brand deals are probably the way we'll go about it but I'd imagine it'll be a lot less subtle than a Red Bull situation.

 

[AOM]

Loads of kids around the city seem to support Coventry nowadays too. A lot more than recent years.

I'd honestly rather be Coventry City in league two than some plastic franchise team in the Premier League

 

[mark82]

I’d disagree - the going rate for Derby with the stadium was 50m, Birmingham sold for 80m to the Chinese owners.

Forest cost 50m, and Hull who are an infinitely smaller club than us went for 30m

I’d say us at 62m - with the lease is about right

Hull aren't infinitely smaller than us.

 

[SkyblueDad]

Any smart person would do it the other way round… ground first

I want a Saudi so we can have people beheaded in the centre circle at half time.

Who could we start with I’ll start with Michael Gove