Seps programme notes. (3 Viewers)

torchomatic

Well-Known Member
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J

Jack Griffin

Guest
I've fixed it for U
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Unfortunately it's still full of shite
 

James Smith

Well-Known Member
The entire thing comes across better than the excerpt in the telegraph (no offence Simon). The trouble is it's a bit late in the day for this.
 
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skybluepm2

Well-Known Member
I'm sure I heard similar spiel from the faceless witch when we were initially relegated. Stick to what you're good at; 'battering people in court' and not attempting to run a football club because you are beyond shite. Having said that, they are top draw at destroying one!

No doubt she will fade back into the background after doing her bit in today's programme so I will now await similar comments in 12 months time when she is hopeful of bouncing back to league 1 by putting a competitive team together ready to take league 2 by storm.

Silly mare.
 

dongonzalos

Well-Known Member
The entire thing comes across better than the excerpt in the telegraph (no offence Simon). The trouble is it's a bit late in the day for this.

It is and there are parts where she accepts responsibility and says right we have to put all our differences aside.

However when you begin with forcibly having to leave the Ricoh

And nothing about come on let's start the negotiations again please, then what is the point?
 
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hill83

Well-Known Member
Truly one of most amazing times to be a Coventry City fan. I'm so excited about the future.
 

TheRoyalScam

Well-Known Member
Joy, how can you equate 'at the centre of the community' with 'in the Coventry area'?

There are so many inaccuracies here, but the most glaring one to me is the '...continued to fund losses driven by the costs of occupying the Ricoh...' - Ricoh rent = £1.3m while players/staff wages = over £11m in 2008.

The Ricoh freehold was never available, only the Higgs 50% share in ACL - what makes you think you can acquire the Ricoh when nobody trusts your motives?

Also I've never understood this simple fact: if you can afford to fund losses of £7m last year (which will surely rise the longer we have gates of 2000 in Northampton), why couldn't you keep Scott Dann and Danny Fox? In other words why didn't you stick to your business model: create a young dynamic team that would get promoted from the Championship and reap the subsequent financial benefits?

Just what are you gaining from playing at Sixfields other than trying to distress ACL, Higgs, CCC and CCFC itself!!??
 

Sky Blue Pete

Well-Known Member
' the refusal to complete' whose refusal is that then? Is this ignoring some of the deemed facts from the court case? What a bloody mess!!

Got letters telling me I should get a season ticket for me and my lad for 184 in the family zone as 'every penny counts for ffp'.

Don't get it just don't get it!!
 

SBT

Well-Known Member
"that money we must be used"?

"manacled by multiplicity of diverse interests"?

Whatever your view of the politics of the situation it's pretty pathetic that they couldn't even be bothered to copy edit the keynote end of season address.
 

Otis

Well-Known Member
Joy, how can you equate 'at the centre of the community' with 'in the Coventry area'?

There are so many inaccuracies here, but the most glaring one to me is the '...continued to fund losses driven by the costs of occupying the Ricoh...' - Ricoh rent = £1.3m while players/staff wages = over £11m in 2008.

The Ricoh freehold was never available, only the Higgs 50% share in ACL - what makes you think you can acquire the Ricoh when nobody trusts your motives?

Also I've never understood this simple fact: if you can afford to fund losses of £7m last year (which will surely rise the longer we have gates of 2000 in Northampton), why couldn't you keep Scott Dann and Danny Fox? In other words why didn't you stick to your business model: create a young dynamic team that would get promoted from the Championship and reap the subsequent financial benefits?

Just what are you gaining from playing at Sixfields other than trying to distress ACL, Higgs, CCC and CCFC itself!!??


They will be at the heart of the comunity. Just not ours.
 

ecky

Well-Known Member
Truly one of most amazing times to be a Coventry City fan. I'm so excited about the future.

Does the club wrecker even know where coventry is?

Best get on your knees and pray joy? your gonna need all the help you can get for wrecking a citys football club and for tearing the heart out of our community.
I hope your god is forgiving because we ain't...
 

Paxman II

Well-Known Member
Does the club wrecker even know where coventry is?

Best get on your knees and pray joy? your gonna need all the help you can get for wrecking a citys football club and for tearing the heart out of our community.
I hope your god is forgiving because we ain't...

I do tend to agree with this sentiment and one shared by so many but perhaps in simple terms if you were in their shoes what would you have done differently? Just accept whatever the council/ACL required you to do? Go on paying 1.2m plus match day cost for renting the pitch 23 times? Etc etc.
They made a stance and while that stance has at times been debatable with the way they approached it the message has been made clear.
My problem is that given the same circumstances with any owner of the football club they too would have made similar choices in the end.
Whatever the council feel they must know that any future owner of the club will require the stadium?
I don't for the life of me see why a long lease could not equate as good as any freehold but have the council ever offered a route to this? Their offers have always been short term holding sway over the football club that the community they serve and represent lies.
I'm sorry folks I really despise this SISU lot as much as the next man but our council as owners of the Ricoh have shown contempt towards our club and community and for that they almost seem as bad as SISU.
 

Rusty Trombone

Well-Known Member
I do tend to agree with this sentiment and one shared by so many but perhaps in simple terms if you were in their shoes what would you have done differently? Just accept whatever the council/ACL required you to do? Go on paying 1.2m plus match day cost for renting the pitch 23 times? Etc etc.
They made a stance and while that stance has at times been debatable with the way they approached it the message has been made clear.
My problem is that given the same circumstances with any owner of the football club they too would have made similar choices in the end.
Whatever the council feel they must know that any future owner of the club will require the stadium?
I don't for the life of me see why a long lease could not equate as good as any freehold but have the council ever offered a route to this? Their offers have always been short term holding sway over the football club that the community they serve and represent lies.
I'm sorry folks I really despise this SISU lot as much as the next man but our council as owners of the Ricoh have shown contempt towards our club and community and for that they almost seem as bad as SISU.

Seppala isn't after a long lease is she, so would there be any point offering one? The recent rent offers seem a good deal, certainly better than buying or building a ground.
 

martcov

Well-Known Member
'I don't for the life of me see why a long lease could not equate as good as any freehold but have the council ever offered a route to this?'

Are SISU asking for this? If they were, then that would be a good question.
 

Astute

Well-Known Member
Septic Joy could have sorted a long lease if she would have negotiated. There were plenty of offers that were made offering what SISU said what they wanted until it became unencumbered freehold.
 

martcov

Well-Known Member
"that money we must be used"?

"manacled by multiplicity of diverse interests"?

Whatever your view of the politics of the situation it's pretty pathetic that they couldn't even be bothered to copy edit the keynote end of season address.

The same goes for misspelling Coventry on the programme cover.
 

Paxman II

Well-Known Member
The "unencumbered freehold" is just rhetoric. A means to an end. If they were ever given the nod to a 125 year lease of the complex then you would see their tune change. If it didn't then Sep would need to be put in the asylum. With a 125 year lease they have all they need to sell on, invest, borrow etc.
 

martcov

Well-Known Member
The "unencumbered freehold" is just rhetoric. A means to an end. If they were ever given the nod to a 125 year lease of the complex then you would see their tune change. If it didn't then Sep would need to be put in the asylum. With a 125 year lease they have all they need to sell on, invest, borrow etc.

Great. She should just pick up the phone and ask for it. Then CCC should say come to Cov and let's talk about the price.

No mention of picking up the phone though in her article/ end of term report.
 

Astute

Well-Known Member
The "unencumbered freehold" is just rhetoric. A means to an end. If they were ever given the nod to a 125 year lease of the complex then you would see their tune change. If it didn't then Sep would need to be put in the asylum. With a 125 year lease they have all they need to sell on, invest, borrow etc.

Just like if they were offered rent free and then less for the next two years than the rent in Northampton instead of losing a fortune. She would be mad to not even have talks about it. She could have cracked on and got a stadium built then. But the offer was ignored after Fisher said he would have to talk to Septic.
 

Rusty Trombone

Well-Known Member
The "unencumbered freehold" is just rhetoric. A means to an end. If they were ever given the nod to a 125 year lease of the complex then you would see their tune change. If it didn't then Sep would need to be put in the asylum. With a 125 year lease they have all they need to sell on, invest, borrow etc.

If they paid the full value for the lease/stadium how would this mean they would sell on. Surely this doesn't get their investors money back?
 

Mary_Mungo_Midge

Well-Known Member
The "unencumbered freehold" is just rhetoric. A means to an end. If they were ever given the nod to a 125 year lease of the complex then you would see their tune change. If it didn't then Sep would need to be put in the asylum. With a 125 year lease they have all they need to sell on, invest, borrow etc.

If they want a long leasehold with access to football related revenues, they should ask for it. If they want the income streams ACL have developed without any input from SISU, they should ask for it. Both would be terrific for the football club we all purport to care for.

But these two are miles away from an unencumbered freehold, secured by strong-arm tactics, with the football club the prime casualty of the chosen stance, not the beneficiary
 
J

Jack Griffin

Guest
This businesswoman is so astute she went to Northampton and lost another £3M+ this season, and will lose similar next season rather than paying AEHC the full £5.5M they negotiated in the first place.

Hindsight is a wonderful thing, but so is common sense and team Joy appear to have little or none of that!

And don't give me the old crap about CCC vetoing SISU's deal with the AEHC, that was never tested and if SISU had stumped up the required dosh in a timely manner would perhaps never have arisen, it was the faffing about past the due diligence period allowed for while trying to get summat for next to nowt that led to that scenario.
 

chiefdave

Well-Known Member
If they paid the full value for the lease/stadium how would this mean they would sell on. Surely this doesn't get their investors money back?

And there's the problem in a nutshell. Any solution where they pay market value for anything is never going to get SISU their money back and lets face it they're never going to make millions off running a football club.
 

James Smith

Well-Known Member
With Seppalas "absurd to build a new stadium" quote, is she close to admitting that there will be no new stadium?

I hope not - there may only be me and possibly RFC who believe in the new stadium but we may never come back to Coventry under Sisu without it.
 
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The Gentleman

Well-Known Member
I do tend to agree with this sentiment and one shared by so many but perhaps in simple terms if you were in their shoes what would you have done differently? Just accept whatever the council/ACL required you to do? Go on paying 1.2m plus match day cost for renting the pitch 23 times? Etc etc.
They made a stance and while that stance has at times been debatable with the way they approached it the message has been made clear.
My problem is that given the same circumstances with any owner of the football club they too would have made similar choices in the end.
Whatever the council feel they must know that any future owner of the club will require the stadium?
I don't for the life of me see why a long lease could not equate as good as any freehold but have the council ever offered a route to this? Their offers have always been short term holding sway over the football club that the community they serve and represent lies.
I'm sorry folks I really despise this SISU lot as much as the next man but our council as owners of the Ricoh have shown contempt towards our club and community and for that they almost seem as bad as SISU.

Just my opinion but here goes:

I would have done due diligence as it is supposed to be done and that is thoroughly.

I would not have fucked about from 2008-2011 funding loses without grasping the real issues.

I would have asked for the sliding scale to be reintroduced as it was originally offered.

I would have properly introduced myself to the people of Coventry and shown interest in what went on on the green bit in the middle of the Ricoh from the outset.

I wouldn't have moved the club out of the city it took it's name from and would have accepted a rental offer on the proviso that we engage in meaningful discussions on buying back into the Ricoh.

I wouldn't have fucked about when the chance came up to buy into the stadium.

I wouldn't have tried to play silly fuckers and just offered what it was worth.

I wouldn't have lied to my own fanbase about new stadiums etc.

I wouldn't have burnt bridges with it's own supporters organisations.

I wouldn't have employed Andy Thorn.

I wouldn't have employed Mark Labovitch.

I wouldn't have fucked about with players contracts in certain parts of an already shady business that wasn't transparent.

Lastly, I would have employed Grendel as car park attendant as this area seemed to be a real bugbear for him.

Sorry but I can only think of the few above as I've had a tough day at work today so will probably come up with some more tomorrow.
 

Terry Gibson's perm

Well-Known Member
I really wish I could type what I think about this dreadful faceless woman.

:blue:
 

RoboCCFC90

Well-Known Member
It's always been apparent that the HOT that was signed in 2012 has never really been published into the public domain. If the Club have this document I would insist they publish it publicly.

That way we can see the agreement and ask the question of Why the deal was never enforced through?


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