"Coventry City owners lead club to Northampton and towards the abyss" (4 Viewers)
- Thread starter MichaelCCFC
- Start date
bigfatronssba
Well-Known Member
Well I think they'll be waiting a while. Nearly two years since acl last had a rental payment, yet they seem to be getting along ok.
hill83
Well-Known Member
He's just picking one bit, which to be fair isn't totally incorrect, to create an argument he can win. Leave him to it. Keep it about the whole article not one cherry picked bit. We can all do that and it's pointless.
lordsummerisle
Well-Known Member
Yeah, It's almost like they didn't need the money really.
bigfatronssba
Well-Known Member
No it means their a well run business.
bigfatronssba
Well-Known Member
Nick, covmark, robbo.
After your comments today, I trust you will be after Led Reids blood next time he produces a one sided and inaccurate article?
After your comments today, I trust you will be after Led Reids blood next time he produces a one sided and inaccurate article?
Nick
Administrator
I haven't said it was one sided, I have just said that not all facts are correct (unless there are things we don't know). I am not after any blood?
DazzleTommyDazzle
Well-Known Member
A question that I have posed a number of times, but have yet to receive an answer -
If SISU believe that the 32,000 seater Ricoh is not worth very much - the article suggests ML sees the value at circa £4m - why would they ever consider building a much smaller stadium for a cost of around £25m?
If SISU believe that the 32,000 seater Ricoh is not worth very much - the article suggests ML sees the value at circa £4m - why would they ever consider building a much smaller stadium for a cost of around £25m?
RoboCCFC90
Well-Known Member
If Les Reid facts are inaccurate I will look to balance the arguement, however I never said that it was on sided I just pointed out comments that I believed were an inaccurate version of the true facts after which I have had further clarification.
Nick
Administrator
He has said that ML has told the Guardian but didn't really go into it much unless he has past articles?
RoboCCFC90
Well-Known Member
Obviously the Council don't believe that £4m is a good enough value for the Freehold, the only reason they would consider it I would imagine is because the council's valuation is more than the £25m they are willing to pay out for a new stadium that they'd build themselves.
hill83
Well-Known Member
Here he is. How is your first day of your week off?
RoboCCFC90
Well-Known Member
I laugh every time I see this term used.
Let me make something clear to you Valiant, Sisu and Rent are not two things that over the last couple of years that have gone together in tandem, so if that's your insult it's not very well thought of.
oldskyblue58
CCFC Finance Director
I suspect the reason that values of 3m or 4m are propagated is because it paints a picture of a failing business, an operation that is in trouble and needs to be bailed out hard talking focussed financial people.
It doesnt actually have to be about reality
Others of course are just simply confused as to who valuations are done for, the purpose of those valuations, what is being valued and when .....
It doesnt actually have to be about reality
Others of course are just simply confused as to who valuations are done for, the purpose of those valuations, what is being valued and when .....
Given that after all associated expense re. Site. The actual cost of Stadium construction would come in circa£40M. The sale of the ground only could fall somewhere between £30-40M with a little good will
That way Sisu would have something Tangible for the amount blown on HF2 while potentially retaining some form of fanbase
Personally I'd rather see the fans own It for future security
RoboCCFC90
Well-Known Member
Excactly. Sisu won't buy a stadium if they can get one cheaper, but they wouldn't build if they could find a cheaper and worthy alternative.
To help negotiations it might be helpful if Sisu win the JR.
Snozz_is_god
New Member
This is one of the most accurate and honest reports into the situation I have read from a national.
If Les Reid had been reporting this instead of sucking up to Joy, far more people would be able to make a informed decision into exactly who is to blame.
Well done David Conn of the Guardian.
Snozz_is_god
New Member
Extremely accurate
tisza
Well-Known Member
Seeing as SISU didn't want supporters to retain even a small stake in the club through their "compulsory" share purchase I doubt they'd be keen on any part fan ownership of a stadium
.One of the most common themes around the original takeover was that SISU's "investment rules" meant that they had to own 100% of any investment.
Ive been sobering up after last night, on it again now though
I was gonna message you and ask if you fancied a few in the city arms but i don't think you'd keep up mate :-D
hill83
Well-Known Member
Ive been sobering up after last night, on it again now though
I was gonna message you and ask if you fancied a few in the city arms but i don't think you'd keep up mate :-D
There's a good chance I'll be in there later actually.
skybluetony176
Well-Known Member
can you stop reporting facts please OSB, you're making some people look silly.
An interesting follow up by David Conn that reiterates his claim about the rent free offer:
"Thanks for the kind words Houch87. However, on your list of points, where you say ACL never offered a rent-free deal; they have within the last few weeks, an offer made and communicated via the Football League which was trying to see if a deal could be done. Sisu rejected that offer, to return the club to the Ricoh Arena rent-free."
"Thanks for the kind words Houch87. However, on your list of points, where you say ACL never offered a rent-free deal; they have within the last few weeks, an offer made and communicated via the Football League which was trying to see if a deal could be done. Sisu rejected that offer, to return the club to the Ricoh Arena rent-free."
hill83
Well-Known Member
Don't try and join in with OSB just to make yourself look clever. You're fooling no one. (wink etc)
If this comment on the Guardian article is anything to go by, then the next demo against the council is going to be even more sparsely attended than the last:
SkyBlueSpot wrote:
"A very enlightening read. Until I read it I thought that my local council and the owners of the Arena were entirely to blame for the debacle. This was based on reports in my local newspaper. I joined a protest movement against them and even took part in an anti-Coventry Council demonstration. I can now see that the fault lies squarely with the other side and pardon the pun, I feel I was totally conned. Serious questions need to be asked of the Football League to ascertain how they have concluded that Sisu are "fit and proper" to run CCFC and what proof they have that Sisu will indeed build a new stadium. It is very hard for someone like me who backed Sisu to read that they have refused a rent-free deal to bring the club back to Coventry while negotiations take place. It is a very sad indictment of modern football. Thank you for highlighting the truth of the situation."
SkyBlueSpot wrote:
"A very enlightening read. Until I read it I thought that my local council and the owners of the Arena were entirely to blame for the debacle. This was based on reports in my local newspaper. I joined a protest movement against them and even took part in an anti-Coventry Council demonstration. I can now see that the fault lies squarely with the other side and pardon the pun, I feel I was totally conned. Serious questions need to be asked of the Football League to ascertain how they have concluded that Sisu are "fit and proper" to run CCFC and what proof they have that Sisu will indeed build a new stadium. It is very hard for someone like me who backed Sisu to read that they have refused a rent-free deal to bring the club back to Coventry while negotiations take place. It is a very sad indictment of modern football. Thank you for highlighting the truth of the situation."
covmark
Well-Known Member
when you've removed yourself from osb's arse maybe you'd like to post some of your own facts.
oldskyblue58
CCFC Finance Director
would love to see how Fisher, Labovitch, Seppala etc explain that away.............. and how staying at Sixfields makes clear sense for CCFC in those circumstances
Also interested to know how the FL see things following that ............
skybluetony176
Well-Known Member
i'm a dumb ass, i admit that. but i know when i'm being fucked and sh1tsu don't even have decency to kiss me while they do it, i like to be kissed while i'm being fucked.
:blue:
We'll have a beer one day. I reckon you'd be a good laugh on the sesh.
skybluetony176
Well-Known Member
i wouldn't mind it if the FL could confirm or deny this. and if they do confirm this why are they not enforcing their rules as its clear that a ground share is not required as we are not homeless.
lordsummerisle
Well-Known Member
Really surprised that Weber Shandwick haven't been shouting this from the rooftops to be honest, would make Sisu look very silly if true.
For once would welcome some statements from both ACL and Sisu on this.