If ACL can be driven into administration it is not a viable business.
you can have a business that is viable but you starve it of cash and it could quickly fail. That is what is going on here. As such they need to secure cashflow that is safer or guaranteed
Evidence? Well, that requires a look into the future accounts, so difficult to provide at this time.
and yet plenty of people assert that ACL is nothing without CCFC we dont actually know one way or other, but few seem open to the thought that there is a life without CCFC for ACL. Not what we want as fans but it is a possibility and if ACL sort their finances out in terms of loans etc then that possibilty is stronger than it was. But point is as we agreed no evidence one way or another as yet
Without evidence all we have is educated guesses.
true
The simple starting point is to look at their current business and remove ccfc. That leaves a pretty deep hole that needs filling with new businesses and cost cuttings.
yes but it also leaves opportunities they can not tap in to now because of CCFC. Can other events replace that income perhaps. Can ACL reduce not only their costs but their cash flow almost certainly. Will it be enough? well thats the question
It may be possible, but even then it will be difficult to predict the loss of income their other tenants will suffer if ccfc goes. And that could mean further income loss.
thats assuming that the 23 days or so of footfall from CCFC can not be replaced, that the hotel occupancy freed up by CCFC not being there wont compensate De Vere hotels for example. As I keep saying there is more than one side to all this. keep being told its an accountants view etc, that its inflexible, etc................. people have got to think outside the box, be creative, think that if ACL are creative, successful that puts CCFC at serious risk of extinction
If ccfc goes, it could potentially lead to a downward spiral.
it could but then again it might not, depends how they market the venue and what actions they take to protect their tenants that do pay
And while the bankers and accountants sweats over budgets and predictions, my hope is that the politicians will step back and use a wider perspective and ask the tough questions:
generalisations never help some of the least flexible minds on this dispute & forum have no interest in figures at all
Should the local football club be sacrificed to keep the stadium away from sisu?
should the north Coventry regeneration scheme be sacrificed to please CCFC/SISU
Will ACL really be safe without ccfc?
Is there other ways or tenants that make it safe even safer without CCFC?
Can ccfc ever become successful and viable without owning their own home?
Not really for the politicians to decide. the politicians represent the best interests of their voters that doesnt necessarily mean the best interests of CCFC
What is the best case scenario for Coventry City in 5 year?
it is a private company it isnt up to the politicians to forge that, they might be involved to some degree but it is not up to them to decide it