First post so be gentle.
Just read all this and a few other of your threads on this and listened to the Podcast of the interview earlier.
Am I right in grasping that SISU own CCFC?
And The Ricoh is owned by ACL who is comprised of Higgs Charity and Coventry City Council?
CCFC/SISU haven't paid any rent to ACL since December last year because they say the rent is too high.
In that time CCFC/SISU have run up a bill of 1.6M quid and unless 1.1M is paid by Boxing day, you will be served with a Bankruptcy Notice.
Also ACL have offered to reduce the rent by 50% and that was turned down by SISU/CCFC.
A few Questions:
1. If you can't pay the rent, how are you paying players?
2. With the new SCMP rules in place, how is that effecting your transfer policy and how have you afforded to open negotiations with Forest for McGoldrick on a permanent basis?
3. Why didn't the Club negotiate a new sustainable figure as soon as they were relegated? That should be in the clauses of the original contract. The Lawyers would have seen to that. It's called back up if things go pear shaped.
4. When did The Ricoh become better than a Championship Stadium? It's about Average for the Championship and about sustainable to generate income for the Premiership.
5. ACL gets the profits from the Refreshment Bars. SISU gets the tickets money's and Sponsorships, how are you operating on a 65% turnover as per the SCMP rules with the attendances being way down this season?
6. What happens if ACL say "Not bothered anymore, we'll sell the Stadium to a Property developer and get our money back that way!"? Where will that put CCFC and SISU?
Ok, I'll admit it, I'm a Blade, but I'm here in peace and I sympathise with you guys, the fans, with what's going on at your club. I don't trust our Owner, if I'm honest and he's just moved our Stadium and Academy for SUFC into SUFC Plc, 1 of his Scarborough Holdings branches.
But I can understand what he's done regarding the Wage bill. We are nearly at our limit so we've not brought no loans in except the ones that we got last summer. We're using the kids from the Academy instead. Our Keeper is 19 years old (But he's doing well, so I've no complaints). The average age of the side that played you the other night was just 20 years old, as perfect example as to where we are with our transfer policy.
Now, from an outsiders point of view. I'm looking at this and asking, why is a football club owned by some Hedge Fund, they are dodgy at best! If ACL is jointly owned by a Charity for Disadvantaged Kids, where is the morality in the decisions of SISU? The Council are Government run, there'll be no sentiment in getting money back, it's pay or get evicted, it's as simple as that. I live in a Council home in Sheffield, a Single Dad with 3 KIds and my rent always comes first followed by Gas and Electric followed by Food and clothing for my kids. Loking at it from that point of view, SISU are completely in the wrong here. ACL just want their money and to renegotiate the rent or a temporary arrangement, as per the mandate in the Contract. SISU, aren't talking.
Some have said, that ACL are in financial ruin. To me it looks the other way round.
Someone said in another thread, The Turnstyle Operators weren't paid last Sat or Tues (Home Game). That is alarm bells time, is it not?
Anyway, I've said, I'm a Blade and I'm here in peace, so please be gentle. I'm genuinely interested i this, I hold nothing against any of your support and enjoyed a drink and summat to eat with some of your chaps in the Longford Engine last Tues.
Can anyone answer any of the questions above please?
