its the end for us at the Ricoh
Thinking things through its obvious isn't it that our club is about to go into a winding up order. I have been reading a lot of what others have said here before posting and i have to say the arguing and disagreements is understandable. Both Sisu and the City Council are completely to blame for this situation. I though support Sisu and I want the opportunity to explain why.
I hear a lot of fans saying Sisu have duped us, we are being ripped off and Sisu are simply taking the club to the cleaners. But the truth is Sisu trusted the City Council when entering into a deal when buying the team. That deal (if you all remember) was that Sisu would steady the ship (which they did), then they would invest (which they did) and then they would buy the stadium (which they could not due to Mr Mutton 'we will never sell to Sisu).
I have a question for all the city supporters: did you not get the feeling after the game last week when Mark Robbins slated our star striker that something may be wrong in the club? and when you heard Mark Robbins in his interview lay the blame for the situation squarely at the feet of the City Council? did that not tell you all you need to know?
It is not the owners that are holding the fans to ransom, it is the City Council holding the owners of the team to ransom. You must understand that the only incentive to own the team is the stadium and the potential land extensions and the huge millions that come with it. If you buy a 'club' on the agreement that you will be sold the stadium (securing your clubs future) and then year after year you are told 'pay rent instead and we will keep the stadium' you would be pretty much psiised off too. I know i would. Who wouldn't be?
Yes the owners have made some poor judgement but they didn't seem to be making poor judgement with Mark Robbins involved!
(and please don't say McGoldrick was a question in point... he would have gone no matter). 2 weeks ago we were heading to a double at wembly according to some of the more light headed fans! no mention of Sisu then!
So it is no wonder Mark Robbins leaving the club is timed to perfection, the man has allowed us fans in on a secret nobody wanted us to know, if he had not got out while he could ...we may never have known about the seriousness of this debacle.
Well played to Mr Robins and i thank him for the time at the club and for his attempts to let us know what is really going on at the club.
What this situation does though is it pushes the parties into a corner neither will come out of, the City Council do not care about the club or the fans more than superficially, they will see the club rot before giving up on what they feel they are owed. (you only have to go to the mags court any day of the week and see the same City Council hounding some OAP out of their pension with the threat of prison for council tax of a few pounds - to understand the City Council's attitude.
No it is the City Council that are duping the fans they should simply sell to Sisu. Sisu will turn the club around if they have the money to do so.. another question : if you were Sisu would you throw 10 million into players? no of course you wouldn't. would you pay 1.3 million or even 400,000 a year for league 1 games... 10,000 turn outs? no of course you wouldn't. would you buy the stadium to enable your investors feel secure in their money investments? yes of course you would. Last question: would you fight your landlord if he held you to a huge rent even though the local areas rent has lowered by 80% (everyone else paying a 10th of what you pay)?? no i don't think so.
This is heading one way. Sisu will have no choice but to look at ground sharing and rebuilding, I saw members here scoffing at the thought of such a ludicrous idea, but i believe it is the only option. When you are priced out of your home you move, its not quantum physics its simple math.
Sisu will not go into admin, they do not need to, a debt unpaid does not lead to admin / liq. The owners have other options that will hurt the City Council and that is an option that i believe Ms Sepalla may wish to impose.
Will the council go for a winding up order? probably. will they get it ? no. in fact it will probably end up going against the Council and for the owners, as the court can look to order an amount on rent and arrears based on what the market value rent is.
The City Council make big noises about the owners offering to buy the stadium but then saying they cant afford to pay the rent. At no point have Sisu stated they do not have funds, they do ... they just do not want to hand it over to the Council who take the rent, take the profits, and own the stadium. I for one do not blame Sisu at all. I hate the Council for what they have done to the club. Yes they built the stadium and paid for it, but what was wrong with Highfield Road? if only we could go back
Thinking things through its obvious isn't it that our club is about to go into a winding up order. I have been reading a lot of what others have said here before posting and i have to say the arguing and disagreements is understandable. Both Sisu and the City Council are completely to blame for this situation. I though support Sisu and I want the opportunity to explain why.
I hear a lot of fans saying Sisu have duped us, we are being ripped off and Sisu are simply taking the club to the cleaners. But the truth is Sisu trusted the City Council when entering into a deal when buying the team. That deal (if you all remember) was that Sisu would steady the ship (which they did), then they would invest (which they did) and then they would buy the stadium (which they could not due to Mr Mutton 'we will never sell to Sisu).
I have a question for all the city supporters: did you not get the feeling after the game last week when Mark Robbins slated our star striker that something may be wrong in the club? and when you heard Mark Robbins in his interview lay the blame for the situation squarely at the feet of the City Council? did that not tell you all you need to know?
It is not the owners that are holding the fans to ransom, it is the City Council holding the owners of the team to ransom. You must understand that the only incentive to own the team is the stadium and the potential land extensions and the huge millions that come with it. If you buy a 'club' on the agreement that you will be sold the stadium (securing your clubs future) and then year after year you are told 'pay rent instead and we will keep the stadium' you would be pretty much psiised off too. I know i would. Who wouldn't be?
Yes the owners have made some poor judgement but they didn't seem to be making poor judgement with Mark Robbins involved!
(and please don't say McGoldrick was a question in point... he would have gone no matter). 2 weeks ago we were heading to a double at wembly according to some of the more light headed fans! no mention of Sisu then!
So it is no wonder Mark Robbins leaving the club is timed to perfection, the man has allowed us fans in on a secret nobody wanted us to know, if he had not got out while he could ...we may never have known about the seriousness of this debacle.
Well played to Mr Robins and i thank him for the time at the club and for his attempts to let us know what is really going on at the club.
What this situation does though is it pushes the parties into a corner neither will come out of, the City Council do not care about the club or the fans more than superficially, they will see the club rot before giving up on what they feel they are owed. (you only have to go to the mags court any day of the week and see the same City Council hounding some OAP out of their pension with the threat of prison for council tax of a few pounds - to understand the City Council's attitude.
No it is the City Council that are duping the fans they should simply sell to Sisu. Sisu will turn the club around if they have the money to do so.. another question : if you were Sisu would you throw 10 million into players? no of course you wouldn't. would you pay 1.3 million or even 400,000 a year for league 1 games... 10,000 turn outs? no of course you wouldn't. would you buy the stadium to enable your investors feel secure in their money investments? yes of course you would. Last question: would you fight your landlord if he held you to a huge rent even though the local areas rent has lowered by 80% (everyone else paying a 10th of what you pay)?? no i don't think so.
This is heading one way. Sisu will have no choice but to look at ground sharing and rebuilding, I saw members here scoffing at the thought of such a ludicrous idea, but i believe it is the only option. When you are priced out of your home you move, its not quantum physics its simple math.
Sisu will not go into admin, they do not need to, a debt unpaid does not lead to admin / liq. The owners have other options that will hurt the City Council and that is an option that i believe Ms Sepalla may wish to impose.
Will the council go for a winding up order? probably. will they get it ? no. in fact it will probably end up going against the Council and for the owners, as the court can look to order an amount on rent and arrears based on what the market value rent is.
The City Council make big noises about the owners offering to buy the stadium but then saying they cant afford to pay the rent. At no point have Sisu stated they do not have funds, they do ... they just do not want to hand it over to the Council who take the rent, take the profits, and own the stadium. I for one do not blame Sisu at all. I hate the Council for what they have done to the club. Yes they built the stadium and paid for it, but what was wrong with Highfield Road? if only we could go back
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