bigfatronssba
Well-Known Member
CCFC would have gone out of existence in 2003 if Higgs and CCC didn't go it alone with the Ricoh project.
Something that is conveniently forgotten.
Why should CCC help? (30 Viewers)
- Thread starter bigfatronssba
- Start date
CCFC would have gone out of existence in 2003 if Higgs and CCC didn't go it alone with the Ricoh project.
Something that is conveniently forgotten.
sky blue john
Well-Known Member
Personally I back the club more than Sisu, CCC, Acl & Higgs !!
bigfatronssba
Well-Known Member
Well diverted.
Broken Hearted Sky Blue
Well-Known Member
It was also hilarious when Jaguar closed Browns Lane wasn't it? Bet you didn't stop laughing for a week>
fernandopartridge
Well-Known Member
Utter nonsense. The same logic that is used to justify SISU ironically.
stupot07
Well-Known Member
Surely we would have gone into admin, had our debt wiped, bought by a rich Russian Ogliarch and finished the project by ourselves back in 2003.
L
limoncello
Guest
Yeah, good one.
bigfatronssba
Well-Known Member
Yes it is the same logic.
It was widely reported at the time that unless CCFC could sell Higgs their share the club would have gone into admin.
Now as McGuinity and Robinson were "the only show in town" at the time, is it not likely that CCFC would have been liquidated?
Broken Hearted Sky Blue
Well-Known Member
For once have to agree with you.
D
Deleted member 5849
Guest
There were other options, it just suited the board at the time to present it as the only option.
And it did get rid of a blot on the landscape in that area of the city.
fernandopartridge
Well-Known Member
No. It was never in their interest to put the club into administration hence why it never happened prior to then or even after that.
fernandopartridge
Well-Known Member
You must remember the council has not benefited at all from the Arena's presence.
D
Deleted member 5849
Guest
Depends what you mean by 'help' anyway.
I do think the modern world boils culture down to economics far too easily. A safe progressive society is one where people share social experiences, and can indulge their heritage and embrace it, that's worth more than money.
The problem is, the clash of cultures that then comes, it isn't CCC that's unique in struggling to adapt to that either. I know, for example, of another council that leaves a building empty for a good half a dozen years because nobody offers the council its 'value'. The problem always comes that the council sees other companies wanting to make money from it, tries to squeeze that margin and take the profit itself (understandably on one level) yet because of budget cuts never has the money to do anything with it themselves.
So it stands empty.
So it depends what you mean by 'help'. I do think there should be room for flexibility and the ability to help, when an entity causes damage when lost. Your list of industrial companies, incidentally, the same applies to them. Some were indeed helped at times, and it was a crying shame when the ability to help them was withdrawn - that's not necessarily a local issue though, more central government and the monetisation of everything.
It would be nice if, in taking a moral highground against an evil investment company, everything wasn't reduced to cold hard cash in return, but the social had a place alongside the economic.
And yes, that applies to more leisure options than CCFC also.
I do think the modern world boils culture down to economics far too easily. A safe progressive society is one where people share social experiences, and can indulge their heritage and embrace it, that's worth more than money.
The problem is, the clash of cultures that then comes, it isn't CCC that's unique in struggling to adapt to that either. I know, for example, of another council that leaves a building empty for a good half a dozen years because nobody offers the council its 'value'. The problem always comes that the council sees other companies wanting to make money from it, tries to squeeze that margin and take the profit itself (understandably on one level) yet because of budget cuts never has the money to do anything with it themselves.
So it stands empty.
So it depends what you mean by 'help'. I do think there should be room for flexibility and the ability to help, when an entity causes damage when lost. Your list of industrial companies, incidentally, the same applies to them. Some were indeed helped at times, and it was a crying shame when the ability to help them was withdrawn - that's not necessarily a local issue though, more central government and the monetisation of everything.
It would be nice if, in taking a moral highground against an evil investment company, everything wasn't reduced to cold hard cash in return, but the social had a place alongside the economic.
And yes, that applies to more leisure options than CCFC also.
Grendel
Well-Known Member
Unfortunately that private company and all the others listed weren't big enough community assets for our council.
Jim
Well-Known Member
Private Limited Company simply means that the shares are not traded publicly ie it is not a floated company or a plc (public limited company).
The ownership of a private company can be by any combination of owners as a result of its incorporation and subsequent equity changes.
A company is publicly owned if it's shares are owned the government or other public body ie Council.
In this case ACL is 50% publicly owned due to the councils 50% of shares.
The ownership of a private company can be by any combination of owners as a result of its incorporation and subsequent equity changes.
A company is publicly owned if it's shares are owned the government or other public body ie Council.
In this case ACL is 50% publicly owned due to the councils 50% of shares.
No future with SISU
New Member
When people trust politicians more than SISU, that is because sisu are bigger bullshitters than the politicians.
Jim
Well-Known Member
About six if I recall.
dongonzalos
Well-Known Member
I wonder what could drive passionate supporters of their club to feel like that?
L
limoncello
Guest
Please tell me, because I haven't a clue.
dongonzalos
Well-Known Member
Neither have I. Really strange that a lot of people feel like that. They must all be slightly mental. They should only care about their football club, in proxy that includes the owners of the club and back their every decision as that shows you truly support your club.
L
limoncello
Guest
Glad it's not just me then. The 'majority' are idiots, aren't they, if we're honest? Long live the football club! Fuck the council, fuck Sisu, fuck ACL.
bigfatronssba
Well-Known Member
They wouldn't have had a choice.
They had no more money. Do you think businesses only ever go into admin because it suits the owners??
The reason it didn't happen is because they sold their share of the Ricoh.
bigfatronssba
Well-Known Member
We are told that the council doesn't want to sell. We are told that the only way CCFC can survive is if they own the Ricoh.
Therefore for CCFC to survive the council has to do something it doesn't want to do.
So the council will have to do something it doesn't want to do in order for a private company to survive.
If that isn't help I don't know what is.
6 pages in, the council haters out in full force, the only one who has attempted to answer the question is Northern Wisdom. Just a barrage of abuse from others who seem incapable of engaging in a structured debate.
Therefore for CCFC to survive the council has to do something it doesn't want to do.
So the council will have to do something it doesn't want to do in order for a private company to survive.
If that isn't help I don't know what is.
6 pages in, the council haters out in full force, the only one who has attempted to answer the question is Northern Wisdom. Just a barrage of abuse from others who seem incapable of engaging in a structured debate.
skybluetony176
Well-Known Member
You could say the same about Cardoza. In fact when you compare revenue to rent at suxfields he's doing more damage to the club than ACL ever did. Not only that he's extending suxfields using the same mechanism as ACL did for restructuring their lone.
When's sisu going to start giving examples of what clubs with similar crowds (ie non league) pay for rent to negotiate a rent deduction leading to a rent strike, when are the state aid police going to start legal proceedings against NTFC?
Like it keeps getting repeated on this thread "you can't have it both ways".
Forget CCC helping sisu, it's way past time for sisu to start helping CCFC.
Hobo
Well-Known Member
No we do not Nick. We expect SISU who have control of our club to do a better job than they are doing and stop blaming everybody else for the mess they have created.
It is SISU who eroded any trust between themselves and ACL.
It is SISU who has eroded trust with a lot of our supporters.
It is SISU who have to put the wheel back on, nobody else is responsible. If they want the Ricoh then make an offer, if they are going to build a stadium build one. Fans loving or hating the council doesn't come into it.
SISU wanted to break a contract they did it, they have us playing in Northampton, their decision. But then try and claim they were forced to go to Northampton, utter rubbish.
It is all about how SISU conduct their business. If you don't believe me research it.
Astute
Well-Known Member
If that is what you think at least we can see why some of your views are so misguided.
Nick
Administrator
What to care more about a council than the club?
Astute
Well-Known Member
Should we care more about a hedge funds profits over the future of our club?
fernandopartridge
Well-Known Member
The owners were the major creditors. I'd be interested to see where the sale of half of ACL sits on the club's accounts.
Nick
Administrator
Most people don't give a shit about a hedge fund do they? I haven't seen anybody say I hope sisu make loads of money?
Otis
Well-Known Member
They shouldn't. They should help Coventry City Football Club. Just so happens Otium are the owners.
bigfatronssba
Well-Known Member
Hmrc and Co op bank were also major creditors.
The accounts were a mess apparently so seeing that won't help.
Hobo
Well-Known Member
How are they going to fund us then Nick?
bigfatronssba
Well-Known Member
Otium are Coventry City.