Keep cov in cov email (3 Viewers)
- Thread starter Nick
- Start date
shropshirecov
New Member
Yes, they don't want Cov in Cov while sisu are in charge, wish they'd admit it.
It's just inspired me to go Northampton tomorrow, so it was a useful email!
It's just inspired me to go Northampton tomorrow, so it was a useful email!
covhead1
Well-Known Member
Blimey! inspiration is pretty cheap where you come from.
Snozz_is_god
New Member
Thank you pro-sisu anti ACL moderator called Nick, you see we can all jump to conclusions, just like you've done.
Nick
Administrator
No, I try to see all sides and think all have to carry a bit of blame.
Nick
Administrator
I can see where you are coming from, there is only so much don't do it, don't do it before you finally just do it
James Smith
Well-Known Member
That's a bit biased? No one in all of this is completely blameless.
James Smith
Well-Known Member
Shropshire?
If it wasn't the Trust sending the email I'd think someone was using reverse psychology to get people to Sixfields.
Houchens Head
Fairly well known member from Malvern
So what was in the email? Don't tell half the bloody story!!!!!
spwaverley4916
Active Member
Hi
This is the first mailout from the Keep Cov in Cov-not one penny more campaign (kcic-nopm) so if this has reached you in error and you don't want to receive further messages just hit reply and put 'unsubscribe' as the heading.
The kcic-nopm campaign is about trying everything we can think of to get CCFC back to Coventry, including not going to games at sixfields. Comments and ideas are always very welcome and to get things started here are details of two forthcoming events, a copy of a Private Eye article about CCFC in case you haven't seen it, and a couple of miscellaneous extras.
The campaign can be followed at http://keepcoventryincoventry-nopm.weebly.com/ on facebook at http://tinyurl.com/mn4p9lw and on twitter @notonepennymore.
Cheers,
This is the first mailout from the Keep Cov in Cov-not one penny more campaign (kcic-nopm) so if this has reached you in error and you don't want to receive further messages just hit reply and put 'unsubscribe' as the heading.
The kcic-nopm campaign is about trying everything we can think of to get CCFC back to Coventry, including not going to games at sixfields. Comments and ideas are always very welcome and to get things started here are details of two forthcoming events, a copy of a Private Eye article about CCFC in case you haven't seen it, and a couple of miscellaneous extras.
The campaign can be followed at http://keepcoventryincoventry-nopm.weebly.com/ on facebook at http://tinyurl.com/mn4p9lw and on twitter @notonepennymore.
Cheers,
DazzleTommyDazzle
Well-Known Member
It includes an article from Private Eye:
Private Eye article about sisu and CCFC
In case you haven't seen it (and are interested in a different perspective) here's an article from Private Eye.
Coventry City
The sad demise of the Sky Blues - now a homeless former Premiership club playing League One "home" games in Northampton - has not been reflected ...in the fortunes of Joy Seppala and Dermot Coleman, the owners of the London-based SISU Capital hedge-fund management group which effectively controls the financially precarious club.
The recently filed accounts for SISU Capital show the chief executive and major shareholder Seppala shared with Coleman £359,432 during 2013 in drawings from their limited partnership interests, compared with £139,000 in 2012 and £145,000 in 2011. This is despite an increase in redemptions from the SISU hedge-funds - as happened in 2011. During 2012, management fees fell because the volume of funds dropped. SISU's fees and earnings by Seppala and Coleman are much reduced since 2007, the year SISU took over Coventry.
Last April SISU changed auditors - KPMG is out, BDO is in. Back in 2011, SISU settled an investigation by HM Revenue & Customs into the company accounts from 2006 to 2008 with a payment of £161,750.
Any outside investors in the SISU-managed ARVO Master Fund would not have been impressed in the history of the Coventry City investment. The Club was forced into administration in March by the Cayman Island hedge fund, owed £10m as a secured creditor for money advanced to the club, as a result of a row with the owners of the Ricoh stadium over the £1m annual rent. ARVO is still backing the latest post-administration owners, Otium Entertainment Group, with a charge over its shares in the club registered last month and signed by Seppala as an ARVO director. But then Otium is in turn controlled by a Cayman limited partnership managed by SISU.
No doubt Seppala enjoys discussing the vicissitudes of football finance with her fellow members of the City Takeover Panel, which exists to ensure that "shareholders are treated fairly, are not denied the opportunity to decide on the merits of a takeover and are afforded equivalent treatment". Just like the Sky Blues fans.
Private Eye article about sisu and CCFC
In case you haven't seen it (and are interested in a different perspective) here's an article from Private Eye.
Coventry City
The sad demise of the Sky Blues - now a homeless former Premiership club playing League One "home" games in Northampton - has not been reflected ...in the fortunes of Joy Seppala and Dermot Coleman, the owners of the London-based SISU Capital hedge-fund management group which effectively controls the financially precarious club.
The recently filed accounts for SISU Capital show the chief executive and major shareholder Seppala shared with Coleman £359,432 during 2013 in drawings from their limited partnership interests, compared with £139,000 in 2012 and £145,000 in 2011. This is despite an increase in redemptions from the SISU hedge-funds - as happened in 2011. During 2012, management fees fell because the volume of funds dropped. SISU's fees and earnings by Seppala and Coleman are much reduced since 2007, the year SISU took over Coventry.
Last April SISU changed auditors - KPMG is out, BDO is in. Back in 2011, SISU settled an investigation by HM Revenue & Customs into the company accounts from 2006 to 2008 with a payment of £161,750.
Any outside investors in the SISU-managed ARVO Master Fund would not have been impressed in the history of the Coventry City investment. The Club was forced into administration in March by the Cayman Island hedge fund, owed £10m as a secured creditor for money advanced to the club, as a result of a row with the owners of the Ricoh stadium over the £1m annual rent. ARVO is still backing the latest post-administration owners, Otium Entertainment Group, with a charge over its shares in the club registered last month and signed by Seppala as an ARVO director. But then Otium is in turn controlled by a Cayman limited partnership managed by SISU.
No doubt Seppala enjoys discussing the vicissitudes of football finance with her fellow members of the City Takeover Panel, which exists to ensure that "shareholders are treated fairly, are not denied the opportunity to decide on the merits of a takeover and are afforded equivalent treatment". Just like the Sky Blues fans.
if you are going you are going because you want to, you aren't going because someone sent you an e-mail telling you not too, no one knows who you are, they won't know or believe they inspired you to go, it's silly talk to say you are going because you got an e-mail. you are spending 5 hours of your time and £30+ to show someone who won't even know its happening.
RegTheDonk
Well-Known Member
Whatever your stance, or indeed the Trusts, glad to see a bit of direct communication from them.
Russian Gun Dogs
New Member
The time for who we want in charge and who we don't want in charge is for another time. It can wait until our team are back where we belong (Do you remember when "Back where we belong" meant the Premier League?).
All of our protests, direction and energy should be focused on Coventry City playing their home matches in Coventry... For now at least.
All of our protests, direction and energy should be focused on Coventry City playing their home matches in Coventry... For now at least.
Shropshire, the email doesn't say that at all.
The Trust, it seems to me, originally tried to have a dialogue with Sisu, they realised it was pointless and have moved to a more hardline stance. I and the majority of fans support them.
Your choice to go to Northampton. I'm disappointed.
We have no future with Sisu.
The Trust, it seems to me, originally tried to have a dialogue with Sisu, they realised it was pointless and have moved to a more hardline stance. I and the majority of fans support them.
Your choice to go to Northampton. I'm disappointed.
We have no future with Sisu.
ashbyjan
Well-Known Member
I realise it can be a bit confusing but the nopm campaign whilst it is supported by the Trust in its aims of keeping (or I guess that should be returning) cov to cov but its tactics and protests are all their own. Michael is a Trust board member but his main focus is nopm and he gets on with that without seeking trust board approval or input. Obviously as he is a friend and has the same aims we discuss things ingormally but this email is not from the Trust but from nopm. In fact apart from michael saying he is a trust board member I can see no actual mention of the Trust at all. Still people will read what they want to read
ashbyjan
Well-Known Member
I realise it can be a bit confusing but the nopm campaign whilst it is supported by the Trust in its aims of keeping (or I guess that should be returning) cov to cov but its tactics and protests are all their own. Michael is a Trust board member but his main focus is nopm and he gets on with that without seeking trust board approval or input. Obviously as he is a friend and has the same aims we discuss things informally but this email is not from the Trust but from nopm. In fact apart from michael saying he is a trust board member I can see no actual mention of the Trust at all. Still people will read what they want to read
Nick
Administrator
I realise it can be a bit confusing but the nopm campaign whilst it is supported by the Trust in its aims of keeping (or I guess that should be returning) cov to cov but its tactics and protests are all their own. Michael is a Trust board member but his main focus is nopm and he gets on with that without seeking trust board approval or input. Obviously as he is a friend and has the same aims we discuss things ingormally but this email is not from the Trust but from nopm. In fact apart from michael saying he is a trust board member I can see no actual mention of the Trust at all. Still people will read what they want to read
The fact it was sent to trust members?
Nick
Administrator
Sorry, I just assumed it was from the trust as I haven't opted in to any other news letters.
skybluesam66
Well-Known Member
trouble is people claiming they represent all supporters, when it is only their individual view
Tommystours
Active Member
I am a member of the trust, so assumed that the email was from them .i will have to check my server.If it is Michael not the trust , where did he get the email addresses from ,as I have not subscribed to a NOPM site, if it is a different site.data protection comes to mind.Get City back in Cov should be the aim.SISU are going nowhere at the moment .We should be putting pressure on CCC as they should be putting the plan together to get a suitable deal together to get the owners to play the team at The Ricoh.This then puts both together to make it a saleable business.SISU / OTIUM will then be able to listen to buyers .
James Smith
Well-Known Member
But the council didn't move us to Sixfields, SISU did.
Tommystours
Active Member
I know some of the board members on the trust personally, and I believe they should really be asking members who they represent to vote on various big decisions before they act.It is surely easy, if they have all he email addresses.
They have been elected to represent the 2500 or so trust members , but some of the decisions may not suit the majority.So if we do not like it Stand to be elected at the AGM and try to get on the board,then change things.
They have been elected to represent the 2500 or so trust members , but some of the decisions may not suit the majority.So if we do not like it Stand to be elected at the AGM and try to get on the board,then change things.
Tommystours
Active Member
Take your point James ,but nobody on here was party to the meetings ,only hearsay, the only way forward for us all, it to get the parties talking again.It seems nobody on either " side" trusts the other .i am not a SISU lover.i just want my team back
D
Deleted member 5849
Guest
An opt in option may have been better, rather than opt out?
covhead1
Well-Known Member
lordsummerisle
Well-Known Member
There is no "I" in "TEAM", but there is a "U" in "c**t".
Run it up the flagpole and see who salutes.
Think outside the box.
Blue Sky Thinking.
Tommystours
Active Member
Ha ha that makes me an ASS then , I knew I was a bit of a donkey but must also be related to a horse.