Doug King Takeover (68 Viewers)

[Kingokings204]

King hell

 

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[Deleted member 5849]

Not sure. I'd imagine the EFL would put a definitive timeline in place for a return back to the city almost certainly so really it'd be a futile exercise on SISU's part.

SISU have ultimately lost. Probably said when Wasps took over the last but genuinely I think there's no real return from this.

They always find a way to come back, though!

(btw, welcome 'back'. I'd seen you'd disappeared for a month or two)

 

[Brylowes]

My main source of shock comes from the energy bill of £2000 they’re a freaking great stadium complex, how do they get them that low.

 

[jordan210]

Well that was fun why it lasted

 

[Danceswithhorses]

Let me guess...Joy/Doug will now say that they wanted to build their own stadium all along anyway.

 

[The Philosopher]

I bet his bid for 85% is massively inflated to get Ashley to pay more for the club

It’s not beyond potential.

 

[fatso]

My main source of shock comes from the energy bill of £2000 they’re a freaking great stadium complex, how do they get them that low.

That's just for today!!!

 

[Macca]

Stadium first then the club, happier times ahead

 

[Tommo1993]

Am now pushed even closer in wanting Ashley in charge of the club.

 

[Broken Hearted Sky Blue]

I think that's about right now really

If Ashley wants the club I think he will tell you the price

 

[Warwickhunt]

If the EFL had a backbone they should declare if CCFC want to move to a temporary home because of all this shite then they should remove the Golden Share from the Club if they do move!

 

[HuckerbyDublinWhelan]

Gutted, we’re well and truly fucked

enjoy this season, it’ll be the last in Coventry

Why we breaking the lease we have for the next 7 years?

 

[robbiethemole]

If the EFL had a backbone they should declare if CCFC want to move to a temporary home because of all this shite then they should remove the Golden Share from the Club if they do move!

You sound like you belong on the Mackem board

 

[skybluetony176]

Why we breaking the lease we have for the next 7 years?

Dramatic effect?

 

[Deleted member 5849]

If the EFL had a backbone they should declare if CCFC want to move to a temporary home because of all this shite then they should remove the Golden Share from the Club if they do move!

And then Coventry doesn't have a league football team for years, definitely.

 

[fatso]

Another theory....... bare with!

Sisu could throw some funds into the squad between now and the end of the season, get us promoted via the playoffs
Then use the premier league cash to fund the new stadium at Warwick uni.
Thus leaving MA the owner of an empty football stadium with no tenants.

 

[Matt smith]

Why we breaking the lease we have for the next 7 years?

Yeah because Ashley isn’t going to rinse Doug king and sisu with a ridiculously high rent cost

 

[Calista]

Standing back:

It cost £1m (plus vat) to buy a stadium that cost £115m for £15m.

Argue the value all you like - £30m whatever, don’t care but we will never build another CBS for £15m. It’s a steal.

It’s the worst £1m Joy never spent.

The stadium may have cost £115m to build, but a lot of it was clearance of contaminated land etc. and it was never worth remotely as much as that. Hence the mountains of debt it's been saddled with ever since, and the unseemly spectacle of everyone trying to push the debts onto somebody else.

Maybe the bondholders, with their naive investment, have taken the hit and finally made it possible to move forward profitably?

 

[The Philosopher]

Is council scrutiny piggy the same person that for years hinted at various things but never revealed, KovBlog?

I’m going to suggest some form of ITK as I said.

There today, looks like has access to confidential documents. Some hint financial nouse.

One to watch……

 

[Gibbo]

Either MA's lot buy out CCFC asap or

MA's lot put their foot on CCFCs owners throats (affecting us for the duration) until our owners submit, with our value probably lower due to having been forced to sell off our crown jewels and the team having suffered accordingly.

Does MA have a financial interest in bums on seats? Or just the total rent?

 

[Sick Boy]

If the EFL had a backbone they should declare if CCFC want to move to a temporary home because of all this shite then they should remove the Golden Share from the Club if they do move!

Your username is very apt.

 

[HuckerbyDublinWhelan]

Yeah because Ashley isn’t going to rinse Doug king and sisu with a ridiculously high rent cost

You do know he can’t just raise it until the lease we have is up right

 

[robbiethemole]

OR………..MA comes up with a figure to buy the Club and SISU fuck off into the sunset forever?

 

[The Philosopher]

My main source of shock comes from the energy bill of £2000 they’re a freaking great stadium complex, how do they get them that low.

Lot of hot air gets spouted - obvs.

 

[Nick]

If the EFL had a backbone they should declare if CCFC want to move to a temporary home because of all this shite then they should remove the Golden Share from the Club if they do move!

They can't though, can they?

 

[Macca1987]

I think the question now is how much damage is going to be done on their way out.

Would anyone bet against another move? We all know that the EFL would allow it, just needs SISU to say there's no other option so its move or no more club.

Can't see the EFL allowing it this time, we have 8 years left of a lease on the CBS, if SISU decided to move us I would warrant that the EFL would look to take the golden share off of them

 

[Nick]

OR………..MA comes up with a figure to buy the Club and SISU fuck off into the sunset forever?

Ideally yeah.

The thing is, would people be happy for him to distress the club as much as possible to get it cheap?

 

[Nick]

Can't see the EFL allowing it this time, we have 8 years left of a lease on the CBS, if SISU decided to move us I would warrant that the EFL would look to take the golden share off of them

It would depend if that exact lease stays in place on the same terms.

 

[Deleted member 5849]

Ideally yeah.

The thing is, would people be happy for him to distress the club as much as possible to get it cheap?

That's the thing isn't it - that would make him as terrible a potential owner as SISU, prepared to sacrifice the club for his own ends.

 

[Warwickhunt]

You sound like you belong on the Mackem board

Something has to happen to stop these C%$£s from using CCFC fans as a torture victim

 

[Matt smith]

You do know he can’t just raise it until the lease we have is up right

No I didn’t, apologies. That defeats my point fair enough

either way best solution is for Doug king to try and get us out this league if he has the financial clout

 

[shepardo01]

You do know he can’t just raise it until the lease we have is up right

As I've said before...that depends on the council...

 

[Levship20]

You do know he can’t just raise it until the lease we have is up right

or can he? If ACL are now gone then all existing contracts are ripped up?

 

[Bugsy]

Ideally yeah.

The thing is, would people be happy for him to distress the club as much as possible to get it cheap?

NO. us fans lose out in the mean time.

should pay for what its worth, he has got the money

 

[wingy]

I honestly hope he does...
Surely now, the best hope for the club, rather than possibly being at loggerheads with new landlords, is to see what Ashley has to say...

Now that the debt is allegedly off the club must increase potential deal as will be solely for asset's?