SISU Appeal Judicial Review (15 Viewers)

SIR ERNIE

Well-Known Member
I agree with what you say ... but what protests are there against ccc or ACL? Surely they need to feel equal pressure too?

protest against ACL for what exactly?

...for refusing to give SISU the Ricoh for peanuts?
 

Godiva

Well-Known Member
protest against ACL for what exactly?

...for refusing to give SISU the Ricoh for peanuts?

Do you want ccfc back at the Ricoh?
Well there are two (rather three in fact) parties that need to agree a deal. Putting pressure on one part alone won't bring a result.
 

Sky Blue Harry H

Well-Known Member
The local Authority chose not to accept the only offer in town

Sorry Dillifagmother - what was the offer?
 

oldskyblue58

CCFC Finance Director
Remember True Sky Blue telling everyone here that Sisu would re-new their application, a lot of you here called him all the names under the sun and told him he didnt know what he was talking about. Read the article Sisu ARE re-newing there application which the coventry telegraph are calling 'like an appeal' it is not an appeal, an appeal against judicial review can be made to the court of appeal or the supreme court. its simply a renewal with amended grounds.

OSB - how many years left on the lease di sisu have? i think you have your sums wrong, the lease is not closed or ended for a start, the company in administration has been removed from debt to the lease by going into administration. The local Authority chose not to accept the only offer in town - hence putting the club in 10 minus on the table (only the council can be blamed for that). however if the club do owe ACL as you allude to the whole period left on the lease would be owed by the club. Hence the clubs reasoning in taking administration themselves?

if there were 15 years left for say £1 million rent per year the club would have been liable for the full £15 million. Im not saying thats why they went into admin but if there were many years left ( i do not know ) it is a common practice for companies to go into admin to avoid the debt left on the lease.. Admin is the only way to end a commercial lease early, unless there is a break clause - which i wont go into.

I am not alluding anything of the sort. Bottom line is CCFC Ltd will be liquidated and after the professional costs involved ACL will recieve very little if anything at all. The article seems to imply the club will pay ACL £590k it wont and does not need to.

Administration can not end a lease, an administrator does not have the power to dismiss a property lease. A liquidator does. In a CVA the lease period becomes irrelevant (it was 42 years btw) because the landlord becomes entitled to compensation to cover how long it might take to get a new client. Often this is 3 years rent, in this case I believe Appleton gave around 1 year. The intention therefore has always been to liquidate CCFC Ltd because unless the landlord cancels the lease or there is a contractual break clause thats the only way of breaking it

The debt on the lease was stopped from getting bigger under the lease by the administration because the administrator used his legal right not to occupy the premises. The debt up to the date of administration didnt disappear or as you put it "removed from debt"

It was ACL that voted against the CVA.

The JR application has been renewed. The plaintiff is allowed 7 days to make that "renewal" so that they can have a verbal hearing to see if they can persuade the judge to take it forward. It is not a new case it is not an appeal it is due process and known as renewal which allows an oral examination of the case

Not rocket science to figure out that they would follow the process as far as they can. No great insight in that. It keeps a pressure of sorts on ACl certainly means further cost
 
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SIR ERNIE

Well-Known Member
Do you want ccfc back at the Ricoh?
Well there are two (rather three in fact) parties that need to agree a deal. Putting pressure on one part alone won't bring a result.


I want Cov back at the Ricoh under new owners.

So do ACL.

You're right there are two parties to pressure:

1. NOPM to SISU

2. embarrass the FL by exposing their incompetence in allowing this shower anywhere near a football club.
 

ccfcway

Well-Known Member
I am simply sick to death of SISU...

Every day its more boardroom tactics than on the pitch tactics

I will NEVER forget what they have done to OUR club !
 

dongonzalos

Well-Known Member
And the costs will be paid by......

Well I suppose they just end up as CCFC debt but it won't be the Council and ACL as planned.
This particular weapon is know backfiring
 

RPHunt

New Member
I agree with what you say ... but what protests are there against ccc or ACL? Surely they need to feel equal pressure too?

Why don't you organise one? How about a protest march through the city, all those people that have been waving "ACL Out" banners are sure to join you.
 

cloughie

Well-Known Member
Why don't you organise one? How about a protest march through the city, all those people that have been waving "ACL Out" banners are sure to join you.

that could be 2 with grendel.............. no just 1 as the likes of grendel could even be arsed to go on the march or the ricoh on sunday

2nd thoughts protest against ACL, CCC, yes he will be up for it, just nothing against the wonderful sisu who just take the piss out of the fans and the club

whats left of it that is
 
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Florence1898

New Member
There is only one stadium and that's the Ricoh. There is no intention of building a new stadium if there was they would not keep throwing money at the JR. Ironically they will never get the stadium as there is the little matter of the freehold and they forget all financing can be refinanced.
 

The Prefect

Active Member
I am not alluding anything of the sort. Bottom line is CCFC Ltd will be liquidated and after the professional costs involved ACL will recieve very little if anything at all. The article seems to imply the club will pay ACL £590k it wont and does not need to.

I understood that the Football League insisted that the CVA payments were to be made whether or not CCFC Ltd was liquidated as part of the agreement to give Otium the Golden Share. I suppose you could view ACL as being a football related creditor (that should be paid in full as per the FL's insolvency rules) as they provided the pitch Coventry City played on for so many years.

It wouldn't surprise me if the Football League insisted that HMRC were paid also as part of the same deal for Otium to get the Golden Share. At the end of the day ACL and HMRC were the only two substantial creditors when you remove any debts owed to SISU related companies.
 

Grendel

Well-Known Member
that could be 2 with grendel.............. no just 1 as the likes of grendel could even be arsed to go on the march or the ricoh on sunday

2nd thoughts protest against ACL, CCC, yes he will be up for it, just nothing against the wonderful sisu who just take the piss out of the fans and the club

whats left of it that is

With fans like you and RIPHunt we deserve all we get. I am against all sides.

You and RiP are so far up ACL's arse they'll need a JCB to extract you.

You and your happy clappy council loving crew are far more responsible for our demise than fans who go to Northampton.
 

Samo

Well-Known Member
With fans like you and RIPHunt we deserve all we get. I am against all sides.

You and RiP are so far up ACL's arse they'll need a JCB to extract you.

You and your happy clappy council loving crew are far more responsible for our demise than fans who go to Northampton.

I have been using this site for a good while now and in all that time I've never seen a decent, well rounded, considered view from this poster. Just spite, wind up, nastiness and negativity. I'd advise all to ignore him.
 

BurbageSkyBlues

New Member
I have been using this site for a good while now and in all that time I've never seen a decent, well rounded, considered view from this poster. Just spite, wind up, nastiness and negativity. I'd advise all to ignore him.

Never seen anything that remotely resembles creative suggestions to move forward.....just negativity towards other posters, usually in the form of sarcasm or piss taking.

Ignore is the best policy!
 
Laughed out of Court, but they want to go back for more?????????????

The laughing stock of English Football, but still best buddies with the Football League??????????

KUNTZ
 

Godiva

Well-Known Member
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RoboCCFC90

Well-Known Member
I don't think for one minute protests are falling on deaf ears. I think the protests are making a few people very uncomfortable.
We need to get Coventry back in Coventry. That is the first battle. What comes next will be decided by the fans.
But one things for sure, threats and counter threats of litigation don't help anyone.

I am sorry but I can't see it. When and IF SISU return to Coventry it will be of their own choice and they won't be forced down that road.

Of course we need to get Coventry back in Coventry, but I can't see how we are any closer to that happening to when the first protest began?
 

skyblueiom

Well-Known Member
I am sorry but I can't see it. When and IF SISU return to Coventry it will be of their own choice and they won't be forced down that road.

Of course we need to get Coventry back in Coventry, but I can't see how we are any closer to that happening to when the first protest began?

Although not obvious, this is still investors' money, so I cant see them being overly chuffed with their wonderful investment....and you think anyone would be happy to invest in a fund managed by these clowns? The more bad press the better imho!
 

RoboCCFC90

Well-Known Member
Although not obvious, this is still investors' money, so I cant see them being overly chuffed with their wonderful investment....and you think anyone would be happy to invest in a fund managed by these clowns? The more bad press the better imho!

Agreed, although future investor's will be a rareity for SISU that doesn't help CCFC and getting rid of them.

The investment being Coventry City Football Club was doomed from the start unless we had a company that was willing to invest £20,000,000 and do their background and that's without touching the playing side of the club.
 

SkyblueBazza

Well-Known Member
If anyone needs any more convincing - instead of funding expensive court actions, designed to further distress ACL...they might double (or more) the ticket sales at Northampton by funding free travel to/from Sickfields...which would then help cover the cost of Clarke, Baker & Murphy. Suggests to me that what happens on the pitch is of little importance to our owners.
 

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