Ex-councillor Brian Patton to stand v Ann Lucas on Get Cov Back to the Ricoh platform (29 Viewers)

skybluetony176

Well-Known Member
Any owner that put the club and the stadium under the same company would be wholly unfit for purpose. This seems a common theme from you and Tony and highlights an incredible lack of business understanding.

The club is two companies. Is it going to be in one of these companies? If not how are the club going to have access to non footballing revenue and more importantly (given that this seems to be the current line of why we have to own our stadium) how will this count towards FFP. It's that simple.

These are the questions that sisu keep dodging. Why?
 

Grendel

Well-Known Member

Grendel

Well-Known Member
The club is two companies. Is it going to be in one of these companies? If not how are the club going to have access to non footballing revenue and more importantly (given that this seems to be the current line of why we have to own our stadium) how will this count towards FFP. It's that simple.

These are the questions that sisu keep dodging. Why?

The holding company will own both the club and the property. FPP rules permit this.

Next.
 
D

Deleted member 5849

Guest
That's the danger isn't it, if this guy doesn't get elected it can be argued that the voting public have agreed with the stance CCC have taken and you actually end up doing more harm than good.

Hopefully before long we will see a clear strategy as to how the groups aims can be achieved, do that and I think they will get a lot more support.

Yup, have to say I have big concerns about this.

Hope I'm wrong...

But next to no votes effectively gives a mandate that there is no need to bother about a football club, as nobody in the city wants to bother about the football club.

And then where do we go?

So... I hope I'm wrong! But because of that danger of limited votes, I'd have also had my candidate stand in the ward where he was likely to get as many votes as he could, rather than a (potentially futile) campaign against a council leader... and not even the council leader at the time when this all blew up, either!
 

chiefdave

Well-Known Member
The holding company will own both the club and the property. FPP rules permit this.

I'd be interested to know how you know this given that every time a representative of SISU is asked this they state no decision has been made on how the ownership of the Ricoh or the new stadium would be structured.
 

Gary.j

New Member
What do you mean "entrusted" - it isn't the hanging gardens of Babylon - its a football ground which is now never used. What do you think they will do - knock it down and rebuild in the Cayman Islands?

The question was "can (you) explain why sisu should be entrusted with the stadium?" Please explain why we should trust sisu with the Ricoh!
 

Grendel

Well-Known Member
The question was "can (you) explain why sisu should be entrusted with the stadium?" Please explain why we should trust sisu with the Ricoh!

I repeat I do not understand what you mean. You talk about a faceless meaningless football ground as if it is some ancient and precious artifact that has been placed in the hands if the artful dodger. I geniunely don't know what they can do with it.
 

Grendel

Well-Known Member
And you know this how? And if it is a fact why don't we all know when it would win sisu a lot of favour with the fans.

No it wouldn't as people still lest we wouldn't own the ground.

Its hilarious how people say sisu couldn't be entrusted with the ground yet a company that has had two administrations in a decade should have it in its fixed asset base.
 

chiefdave

Well-Known Member
I geniunely don't know what they can do with it.

Not sure why that is as it's discussed on here regularly, here's one recent post on the subject

SISU are good at working different numbers between their different companies. Now the arena is up and running it makes money. They could charge our club say 2m a year rent. They could keep the F+B money, all car park income, hotel income, conference money and whatever else comes in. This would amount to a lot of income. Then yes they would be able to get a massive loan put against the arena. This would get them their money back plus more which would be their profit. Then they could toss our club aside and go whilst leaving us in a poor state without a home.
 

lordsummerisle

Well-Known Member
Shouldn't need much of a campaign then if this is what he's up against. Surely it'll be embarrassing if he loses to such an awful woman. How many votes do you think he will win by?

Should have put up a "King" party against her, would have got loads of votes against a publicity seeker like Ann Lucas then.
 

skybluetony176

Well-Known Member
I repeat I do not understand what you mean. You talk about a faceless meaningless football ground as if it is some ancient and precious artifact that has been placed in the hands if the artful dodger. I geniunely don't know what they can do with it.

You really can't be that dumb that you don't understand the question "why should we trust sisu with the Ricoh"

I bet if I asked you "why can't we trust CCC with the Ricoh" you would manage to reel of paragraphs.
 

skybluetony176

Well-Known Member
No it wouldn't as people still lest we wouldn't own the ground.

Its hilarious how people say sisu couldn't be entrusted with the ground yet a company that has had two administrations in a decade should have it in its fixed asset base.

That's just jibberish. I don't know what question you were answering but it wasn't mine.
 

Astute

Well-Known Member
No it wouldn't as people still lest we wouldn't own the ground.

Its hilarious how people say sisu couldn't be entrusted with the ground yet a company that has had two administrations in a decade should have it in its fixed asset base.

Remind me who's actions caused the administrations.

Oh I forgot you will blame CCC as nothing is the fault of SISU.
 

blend

New Member
Hang on a minute, the bloke standing for this is a Totters fan. I missed this. The only person who was blagged into this is a former Cllr who is a Totters fan. No disrespect to him as others have said he is a sound bloke, I'm sure he is. It does however (for me) sum up this mess.
 

martcov

Well-Known Member
Hang on a minute, the bloke standing for this is a Totters fan. I missed this. The only person who was blagged into this is a former Cllr who is a Totters fan. No disrespect to him as others have said he is a sound bloke, I'm sure he is. It does however (for me) sum up this mess.

Yes, I really think more thought should have gone into this. The council leader is a city fan. This is about getting city back to the Ricoh by applying pressure on the council. Getting a Tottenham fan as candidate against the council leader - and without any history with this campaign, or a clear strategy - is not clever. If Rob had a wellknown, lifelong city fan as candidate, who has already been on record as asking for the council to bring CCFC back, Rob's group may get a few votes. Rob's "worst case scenario", is that Brian gets virtually no votes and therefore confirms 1. that CCFC is not a priority for the voters and/or 2. that the voters support the CCC stance against SISU ( as I do at the moment ). He may be a good guy, but he is not the right guy.
 

Gary.j

New Member
I repeat I do not understand what you mean. You talk about a faceless meaningless football ground as if it is some ancient and precious artifact that has been placed in the hands if the artful dodger. I geniunely don't know what they can do with it.

Well it was a simple question, but I didn't expect you to give any compelling reason, because even the man running the campaign can't give any compelling reason why sisu should be trusted with the Ricoh, could that be because there are no compelling reasons?

You have stated that you trust sisu 100%, you have also stated that you think this campaign is not only an excellent idea, but something that you came up with some weeks ago, so surely you must have some compelling reasons why we can trust sisu with the Ricoh?
 

Grendel

Well-Known Member
Well it was a simple question, but I didn't expect you to give any compelling reason, because even the man running the campaign can't give any compelling reason why sisu should be trusted with the Ricoh, could that be because there are no compelling reasons?

You have stated that you trust sisu 100%, you have also stated that you think this campaign is not only an excellent idea, but something that you came up with some weeks ago, so surely you must have some compelling reasons why we can trust sisu with the Ricoh?

I repeat your assertion is that the Ricoh is some kind of Iiving entity. It isn't. I couldn't give a shit if it burned down tomorrow if the club didn't return.

Astute's hypothesis is as usual absurd. The club needs the acquisition to improve asset value. The hedge fund strategy was to sell the club after five years. Their support for ranson was deluded and then there was a period of drift. Now this is a ten year project which is not unheard of in hedge fund policy. If the Ricoh isms attained they will seek to try and gain elevation through the leagues and then sell.
 

Astute

Well-Known Member
Astute's hypothesis is as usual absurd. The club needs the acquisition to improve asset value.

My hypothesis is absurd?

Don't you mean our club? Our club don't need the acquisition to improve asset value. SISU need the acquisition to improve the asset value of our club.
 

Gary.j

New Member
I repeat your assertion is that the Ricoh is some kind of Iiving entity. It isn't. I couldn't give a shit if it burned down tomorrow if the club didn't return.

Astute's hypothesis is as usual absurd. The club needs the acquisition to improve asset value. The hedge fund strategy was to sell the club after five years. Their support for ranson was deluded and then there was a period of drift. Now this is a ten year project which is not unheard of in hedge fund policy. If the Ricoh isms attained they will seek to try and gain elevation through the leagues and then sell.

Where did I assert that the Ricoh is some kind of living entity?

You still haven't answered the question, why should we trust sisu with the Ricoh?
 

lewys33

Well-Known Member
Fuck me some of you lot are on this site non-stop! I thought I would have a quick browse before I get some uni work finished ready for Monday hand-in and people are still posting?! Have a word ........
 

Ian Coventry

New Member
Where did I assert that the Ricoh is some kind of living entity?

You still haven't answered the question, why should we trust sisu with the Ricoh?
Because obviously Sisu are here for one reason and one reason only, to make money and they will only leave when they have made a good few million, which means CCFC will have to be in a better shape.
 

Astute

Well-Known Member
Because obviously Sisu are here for one reason and one reason only, to make money and they will only leave when they have made a good few million, which means CCFC will have to be in a better shape.

When are they going to do something about it then? When they took our club over our average attendances were well over 20,000. It is now about 2,000. Do you mean in a better shape than when they took over or just better shape than we are now?
 

Rusty Trombone

Well-Known Member
Because obviously Sisu are here for one reason and one reason only, to make money and they will only leave when they have made a good few million, which means CCFC will have to be in a better shape.

Your suggestion would certainly be one way for them to make some money back for their investors, I wonder if those investors are willing to fund losses for another 4,5,6 or say 20 years before those extra millions roll in from our success.

Another, maybe quicker, way for them to get some money back would be to try and get something valuable, but not pay very much for it.
 

Astute

Well-Known Member
Your suggestion would certainly be one way for them to make some money back for their investors, I wonder if those investors are willing to fund losses for another 4,5,6 or say 20 years before those extra millions roll in from our success.

Another, maybe quicker, way for them to get some money back would be to try and get something valuable, but not pay very much for it.

Has anyone any idea how they could do this? :thinking about:
 

play_in_skyblue_stripes

Well-Known Member
I repeat your assertion is that the Ricoh is some kind of Iiving entity. It isn't. I couldn't give a shit if it burned down tomorrow if the club didn't return.

Astute's hypothesis is as usual absurd. The club needs the acquisition to improve asset value. The hedge fund strategy was to sell the club after five years. Their support for ranson was deluded and then there was a period of drift. Now this is a ten year project which is not unheard of in hedge fund policy. If the Ricoh isms attained they will seek to try and gain elevation through the leagues and then sell.

Pretty sure your view on Ricoh Arena fire risk status is not shared by 98% of Coventry "supporters" or SISU themselves.

What is yours and others "real" problem of playing at one of the finest stadiums in the Country?

This for me is the saddest part. Top ground to some joke stadium I visited in a pre season friendly in the 90s.
 
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Grendel

Well-Known Member
Pretty sure your view on Ricoh Arena fire risk status is not shared by 98% of Coventry "supporters" or SISU themselves.

What is yours and others "real" problem of playing at one of the finest stadiums in the Country?

This for me is the saddest part. Top ground to some joke stadium I visited in a pre season friendly in the 90s.

We don't own it and I gaurentee the vast majority of the population of the city have zero interest in it.

The building of it was the single biggest mistake in the history of the club. Its a monster that has devoured the club.

Its not one if the finest stadiums - that's a throwaway opinion with no validity.
 
J

Jack Griffin

Guest
I repeat your assertion is that the Ricoh is some kind of Iiving entity. It isn't. I couldn't give a shit if it burned down tomorrow if the club didn't return.

Mind you Joy would be mortified, that would be plan A royally screwed.

Because obviously Sisu are here for one reason and one reason only, to make money and they will only leave when they have made a good few million, which means CCFC will have to be in a better shape.

No they will leave when they realise all they can do is lose more money.
 

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