God knows what’s going on NW. I agree, we are assuming that what FG have said is correct/true ie SISU were offered the same terms. I’m guessing they didn’t want to sign it because they’re probably trying to squeeze FG for a better deal and/or get Ashley/FG to panic that they’re not going to have a tenant…that’s going well !
Eviction notice (8 Viewers)
- Thread starter jordan210
- Start date
God knows what’s going on NW. I agree, we are assuming that what FG have said is correct/true ie SISU were offered the same terms. I’m guessing they didn’t want to sign it because they’re probably trying to squeeze FG for a better deal and/or get Ashley/FG to panic that they’re not going to have a tenant…that’s going well !
To be fair I think some people are judging based on the bullshit games our owners have played over the last 15 years
Im happy to change my view if we see some statements from SISU/King as to why they didn’t sign the agreements. I think they will sign something from the noises being made. Let’s hope so anyway
shmmeee
Well-Known Member
I may have spotted the issue in your plan.
Esoterica
Well-Known Member
Certainly how it all reads to me from what has been released so far. I would find it incredibly stupid of Ashley to piss off the entire fan base like this if he does have a desire to take on the club too and on the surface of it, an eviction notice seems incredibly harsh. Someone needs to remind Joy that you can’t dig your heels in when you’ve got no legs to stand on!
Given the severity of the implications, I’d expect this, perhaps naively, to be sorted very quickly. Not the best start to the relationship though!
Speedie's Head
Well-Known Member
Clearly King now has to progress the new stadium plans and to leave Ashley with a big white elephant because he can never be trusted.
Find it weird people saying that Ashley has shown his true colours with the eviction notice and wouldn't want him anywhere near the football club. He has no loyalties to us currently. Our own owners took us out of the city twice for a period in total of over 3 years while they were in charge. Yet they get a free ride from some. Is Ashley perfect? Absolutely not. Would he be a massive improvement on what we have now? Absolutely
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clint van damme
Well-Known Member
King owning the club is probably less likely to happen than the new stadium, which isn't happening.
shmmeee
Well-Known Member
I wonder what any new stadium plans would look like now. We were a L1 side with poor crowds talking about an 18k stadium before, you’d imagine we’d want closer to 40k if we’re heading for the Prem now. I’d guess that makes a big difference to planning and space requirements.
clint van damme
Well-Known Member
Massive improvement? No chance.
An improvement, yes, not difficult, but he'll be a shit owner.
And the red carpet is bring laid out by the same shysters who brought us sisu.
Frank Sidebottom
Well-Known Member
Maybe we'll buy stadium 974 after the World Cup and plonk it on Car Park C. Then we can just add/remove stands as ticket sales dictate.
Sick Boy
Super Moderator
A massive improvement? Yeah, right. I had reservations about him before and this has confirmed them.
D
Deleted member 5849
Guest
Starting by buying a pen and some paper?
Sick Boy
Super Moderator
Being aligned with the stadium and having security for the future over playing in cov is a massive improvement to me. Football is about seeing your club playing games in its own city first and foremost - currently, this is not looking very promising
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He already has the stadium? I don't see how there's any other option
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clint van damme
Well-Known Member
I agree about being aligned with the stadium, but I don't see much to be positive about beyond that.
As things currently stand we're in a worse position than we were pre the world cup break.
Who knows - but she has said she has offered the Trust any help she can give
skyblueeyesrevisited
Well-Known Member
And the don’t pay the binmen enough to clean it up either
Flying Fokker
Well-Known Member
Brinkmanship. It’s all going to play out in the next few weeks. I guess SISU will not sell to King now? They will either sell the players of worth or tell Ashley et Al that they want x million.
shy_tall_knight
Well-Known Member
SISU like most hedge funds work by distressing other stakeholders, move to northampton definitely distressed ACL / CCC but backfired when WASPs moved in, move to St Andrews again distressed WASPs who were struggling financially but needed CCFC especially to get the stadium sponsorship deal with CBS. However those tactics aren't going to work against a savvy billionaire such as Ashley. Sisu know the game is up just trying to get as much as possible from a potential sale to Ashley. The Doug King sale last minute stadium bid was just another potential distressing tactic that was not entertained by the administrator. Money talks.
And Ashley has to distress sisu to get the best deal, unfortunately. Obviously sisu want to maximise sale price.
People complaining about Ashley now, but if he does get the club, and his actions get the price down be a few £million, which can then be put into players, I doubt people will be complaining any more!
People complaining about Ashley now, but if he does get the club, and his actions get the price down be a few £million, which can then be put into players, I doubt people will be complaining any more!
Exactly how I see it. Just depends how painful they want to make it for everyone from now on
Esoterica
Well-Known Member
I will be complaining if the same actions have forced the club to sell our stars on the cheap in the meantime, derailing the whole season that Robins has miraculously got back on track. It would show complete contempt for the fans before he’s even taken over.
Nick
Administrator
So to confirm, it's a good thing if he distresses the club?
Can people please stop bleating on about SISUs new stadium…..They’ve never had the slightest intention of building anything in Coventry or elsewhere . It’s all about getting the best price they can now off Mike Ashley for the club. Doug King was just a ruse , he will fuck off into the history books with all the other pretenders.
The big worry for me is that Ashley won’t be buying into all of SISUs manufactured debt bollocks so will be offering significantly less than they dream of . Does that mean they will try and play elsewhere till January and then sell the family silver ?! If so we’re in trouble as a football club in the short term
The big worry for me is that Ashley won’t be buying into all of SISUs manufactured debt bollocks so will be offering significantly less than they dream of . Does that mean they will try and play elsewhere till January and then sell the family silver ?! If so we’re in trouble as a football club in the short term
skybluetony176
Well-Known Member
It’s like they were working for Ashley and NEC all along. They clearly wasn’t but they contributed to Wasps willing to take a gamble, then contributed to Wasps downfall. Eventually after all that hard work ACL become viable to buy out of admin and they aren’t even a serious bidder, until MA had an exclusivity agreement for a pre packed administration. Then all of a sudden the day before it’s being processed in court they’ve sold a majority share in the club and we have a “serious” bid. Too late, quite deliberately I’d imagine too. If we were offered a continuation license mirroring our existing license as part of that prepack as is being reported they would have 100% known the ship had sailed too. It was all game play. I wouldn’t be the least bit surprised that they turned down the mirrored license thinking they were being clever distressing ACL before MA even took them over. We’ve been here before when Wasps purchased ACL, it’s exactly the same tactics. Make a disingenuous last minute bid knowing the ship has sailed whilst playing the victim.
Cata
Well-Known Member
it does, but the lease was between CCC and ACL (now Frasers group) we had a 10 year license from ACL. It does not look as if this has a legal standing, though I am not a lawyer.
Speedie's Head
Well-Known Member
The big worry for me is that Ashley won’t be buying into all of SISUs manufactured debt bollocks so will be offering significantly less than they dream of . Does that mean they will try and play elsewhere till January and then sell the family silver ?! If so we’re in trouble as a football club in the short term
If the have a fire sale in January the players would go for Hyam prices. See Burnley already think they can get Vik on the cheap if the reports are correct. I couldn't see them raising £15m all in never mind Vik
skybluetony176
Well-Known Member
Think OSB posted some details/information yesterday suggesting a license only has a 27day notice of cancellation. Although if SISU refused to sign the mirrored license in the prepack I guess even that 27 days is irrelevant.
Robinshio
Well-Known Member
More than 1 party would pay 15 for vik alone
Alkhen
Well-Known Member
Yeah annoyingly ill defined. Hard to rally anything against a single cause.
I'm just fucked off at how all parties show little or no care towards the actual people who make the club what it is. Messed around for a decade and fans are still expected to fork out for a season ticket, staff expected to turn up for work despite all the uncertainty. Players and coaches are expected to stay focused and perform.
Robins has worked miracles, we have a real chance of reaching the playoffs. This latest round of bullshit risks derailing all the good work, scandalous. I've been sure he'd stick with us but now I really wouldn't begrudge him walking.
I can't think of a way to run a demonstartion that wouldn't seem lame but I would love to be able to remind SISU, CCC, Mike Ashley and any of the other (dubious) potential owners that this isn't some lemonade stand they are squabbling over. Generations of families are emotionally invested in the club. We are a one team city and they are running it into the ground.
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Evo1883
Well-Known Member
robbiethemole
Well-Known Member
To my mind there’s one common denominator here, CCC
They brought SISU in as preferred bidder, then fucked them by bringing Wasps in behind their backs, now using Ashley to fuck them over again Will they ever be held to account?
They brought SISU in as preferred bidder, then fucked them by bringing Wasps in behind their backs, now using Ashley to fuck them over again Will they ever be held to account?
Speedie's Head
Well-Known Member
It's always the same when you must sell, prices collapse.