Evo1883
Well-Known Member
Telegraph seem to be very impartial right now , almost slightly pro ccfc
Wasps going into admin & the impact on CCFC (113 Viewers)
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Briles
Well-Known Member
CET are so anti Sisu.
www.coventrytelegraph.net
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Coventry City fans sceptical amid claims Sisu interested in buying CBS Arena
Coventry City stadium news from CoventryLive as the CBS Arena is the subject of interest from potential new owners
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Yeah on night?Any idea how a new owner can do 15 million quids worth of repairs without closing the stadium
Tbf we don't know what the problems are but if it's was the precast terracing , I could imagine stuff like that being done without impacting business
Have a feeling they are hi-alumina cement but in theory shouldn't be an issue.
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Nuskyblue
Well-Known Member
Yea, leaking roofs and pipes. Toilets that don't work, had a mate that worked there. They were a state years ago, I think the company moved due to the state of the place
Which bit/aspect has rotted?
Nuskyblue
Well-Known Member
Leaking roofs and pipes, bogs that don't work. Not a nice place to work by all accounts.
Rotten, as in a shit hole. Not literally rotting. Tho it may be with all the moisture and turds from overflowing toilets?
Nick
Administrator
Andy turner didn't seem to get the difference between sisu or ccfc. (Or pretending not to).
Nick
Administrator
Yep.CET are so anti Sisu.
Coventry City fans sceptical amid claims Sisu interested in buying CBS Arena
Coventry City stadium news from CoventryLive as the CBS Arena is the subject of interest from potential new owners
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That's certainly trying to push things one way.
skybluetony176
Well-Known Member
Currently eating Parma Violets and Refresher’s.
JAM See
Well-Known Member
Ah, Refreshers. The fillings destroyer.
I’m still unsure on their end game, I think the American investor rumour has some strength to it. Dollar is strong against the sterling so right time to invest in the uk. Joy being American. My view is I feel sisu want premier league money but don’t want to invest any of their money to get us there.
im trying to stay a glass half full and do believe something positive will come out of this
Liquid Gold
Well-Known Member
Tuesday
SkyblueDad
Well-Known Member
GoodCET are so anti Sisu.
Coventry City fans sceptical amid claims Sisu interested in buying CBS Arena
Coventry City stadium news from CoventryLive as the CBS Arena is the subject of interest from potential new owners
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Perryccfc
Well-Known Member
Any idea how a new owner can do 15 million quids worth of repairs without closing the stadium
If only there were like a months break in the middle of the season to do it
Seaside-Skyblue
Well-Known Member
If we do end up with the stadium, and suddenly our fortunes change for the better this week or coming weeks; I was thinking about it before, it will be completely surreal for us all. All the off the field stuff has become "normal" for us for so many years. It will be an unbelievable weight lifted and I'm man enough to admit I'd probably shed a tear 
Just imagine being able to talk just about the football!?
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Just imagine being able to talk just about the football!? Sent from my SM-A908B using Tapatalk
Gynnsthetonic
Well-Known Member
WeirdoIf we do end up with the stadium, and suddenly our fortunes change for the better this week or coming weeks; I was thinking about it before, it will be completely surreal for us all. All the off the field stuff has become "normal" for us for so many years. It will be an unbelievable weight lifted and I'm man enough to admit I'd probably shed a tear
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SkyblueDad
Well-Known Member
Apparently they want an English football club and have been told are determined to acquire one perhaps we will find out how determined.
olderskyblue
Well-Known Member
Some of you lads need to step up.
there was a 4 minute period between seaside and Gynn’s posts with no posts at all…..
not acceptable….
there was a 4 minute period between seaside and Gynn’s posts with no posts at all…..
not acceptable….
duffer
Well-Known Member
CCC have got nothing to do with it have they? It'll be up to the Administrator now unless I'm missing something or CCC try to claw back the lease. No evidence of the latter, currently at least...
covcity4life
Well-Known Member
Don't worry I got you bro..Some of you lads need to step up.
there was a 4 minute period between seaside and Gynn’s posts with no posts at all…..
not acceptable….
..guys imagine the new owner is Max Biamou?
clint van damme
Well-Known Member
Was there Saturday, coincidence? I think not.
Will have installed himself as manager and first choice striker by the weekend.
oldskyblue58
CCFC Finance Director
Am sure it will be a prepack situation. That doesn't mean necessarily that the value is set in the administration. It could be a way of separating the assets the purchaser wants from everything else. The price already set
The purchaser pays acl for those assets and the assets move to a new company. The funds that would then be in acl get allocated by the administrators, secured creditors first, then hmrc, then unsecured creditors.
Any claim for pitches loss of income etc would be against acl as unsecured creditors not the new Co. Given what might be left from the sale for unsecured creditors it wouldn't result to much I don't think. Probably enough to pay legals of the claim.
CCC has to be involved as freeholder because in a prepack the lease is being transferred to an entity that probably didn't exist until recently. The freeholder needs to know the lease it granting is safe...... past history says ccc not good at doing that
The purchaser pays acl for those assets and the assets move to a new company. The funds that would then be in acl get allocated by the administrators, secured creditors first, then hmrc, then unsecured creditors.
Any claim for pitches loss of income etc would be against acl as unsecured creditors not the new Co. Given what might be left from the sale for unsecured creditors it wouldn't result to much I don't think. Probably enough to pay legals of the claim.
CCC has to be involved as freeholder because in a prepack the lease is being transferred to an entity that probably didn't exist until recently. The freeholder needs to know the lease it granting is safe...... past history says ccc not good at doing that
Nick
Administrator
Like the new ones Richardson set up?
Liquid Gold
Well-Known Member
We don’t need to worry about the pitch cost. Our new billionaire will get us an even newer pitch.
robbiethemole
Well-Known Member
Do CCC have a power of veto over the transfer of the lease?
duffer
Well-Known Member
Aye, now that Wasps aren't buying any advertising and the Council don't have a dog in the fight (at the moment). The CET is a rag these days, barely any real journalism at all.
robbiethemole
Well-Known Member
isn't the CET based in Brum nowadays? not really Coventry focused, just copy and paste in all their rags.
duffer
Well-Known Member
For a residential lease, not without reasonable cause. Even for a commercial lease I think it would open up court cases again if they tried to do this just because it was, say, SISU bidding.
A bit out of the loop and envious I think,of Gilbert having info.
Liquid Gold
Well-Known Member
Stop it lads, SBT will cry.
Nick
Administrator
Not really, it would be very naive to think that this is a happy ending where somebody buys the ground and the club and we all live happily ever after.
I am just waiting for the twist
HuckerbyDublinWhelan
Well-Known Member
The media seems sliding towards a big reveal in terms of something positive. If Richardson was involved we’d know by nowNot really, it would be very naive to think that this is a happy ending where somebody buys the ground and the club and we all live happily ever after.
I am just waiting for the twist
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