skybluehugh
New Member
Right back at ya.
Here we go.
*settles in*
Because it frees them from lease. Any new negotiation can lead to demand of income. Worst case, they go to Northampton and build a new stadium but I hope it doesn't happen. I can see ACL struggling without the club.
Dont eat them Ebay my friend , sold all mine over the last few months, netted me £520 ( kept the 87 one )I will eat all my replica City shirts (all 37 of them) if SISU build a new stadium.
Buying players? When has that bothered SISU? isn't this yet another transfer embargo we're under thanks to the lack of accounts?The whole thing is about income streams. Well never get promoted if we can't buy players due to funds being capped by FFP. I do however think sisu are trying to get the Ricoh on the cheap but if council had been more flexible this may have been avoided. Why do people think its okay for a 3rd party to make money of match day sales.
It doesn't.I can understand WHY ACL rejected. I really can. But for the life of me I can't really see how it helps Coventry City and us. The fans.
Because it frees them from lease. Any new negotiation can lead to demand of income. Worst case, they go to Northampton and build a new stadium but I hope it doesn't happen. I can see ACL struggling without the club.
100% correct
but yes the OP is also right, ACL played around with cov like we were a toy and now they have broken us
scum
My worry has always been that ACL weren't bluffing when they said that they can survive without CCFC and they manage to do so*. We're then homeless and in need of the White Elephant that Young Timothy claims he will build, well does anyone really think they'll build it? So we're likely never to return to Coventry under SISU ownership which is just F*cking great.
*I'd put money on more legal challenges from SISU now to try and stop that being possible.
I agree. The big losers however are us fans. The council have no place in owning a football stadium, it was a recipe for disaster.
My worry has always been that ACL weren't bluffing when they said that they can survive without CCFC and they manage to do so*.
WE WILL BE PLAYING AT THE RICOH. This correct decision by ACL has sisu, the football league AND importantly Northampton Town squirming now. What happens now ? The ball is well and truly in the opponents court with all sorts of spin on it. As I said I believe now more than ever we will play Bristol City at the Ricoh an important psychological battle to win.
So ACL made £8m and sisu lost £60m and you think sisu are bad.ACL took £8m in rent. SISU accumulated £60 in debt. Duhhhhhhhhh
Then why not just agree to the CVA and say 'bye'? They'd get some money back and have the moral high ground. Smacks of vindictiveness to me.
It doesn't.
Maybe because they wanted to keep us in Coventry where we belong? Just a thought.
Maybe because they wanted to keep us in Coventry where we belong? Just a thought.
So ACL made £8m and sisu lost £60m and you think sisu are bad.
Actually, I don't want sisu here but hold ACL equally to blame for our demise.
ACL have seen CCFC to be a cash cow but the cash has dried up.
Your desperate for cash so you sell your house to a friend for a pittance. He then charges you a high rent and takes a load of income from your business you run from home that he has nothing to do with. Would you stay or move? Would you think he was doing the right thing by selling it back to you at full cost despite getting it for next to nothing. Legally he's in the right but morally!!!!
Maybe because they wanted to keep us in Coventry where we belong? Just a thought.
Maybe because they wanted to keep us in Coventry where we belong? Just a thought.
Now if you're talking about vindictiveness it isn't on this point that you could level that at ACL, maybe you could about doing a SISU on NTFC.
In the end no one in their right mind could trust Sisu, with their record of business failure and unethical practice, with the Ricoh.
Sisu took on the rental contract, if they couldnt afford it or didnt like it they shouldn't have signed it. Professional businesses dont end up in the utter shambles Sisu led us to. The buck stops with Sisu, they are the owner and are responsible for CCFC's well being.
Well it aint very well is it!??
So ACL made £8m and sisu lost £60m and you think sisu are bad.
Here we go again with the petty point scoring. Both ACL and Sisu have fucked us over but there's still people crowing about one party being more guilty than the other. The proportion of guilt matters not a jot to me, the team surviving is the important thing.
100% correct
but yes the OP is also right, ACL played around with cov like we were a toy and now they have broken us
scum
If they wanted to keep us in coventry they'd have reduced the rent when it was first brought up. Liquidation does not help us stay in coventry in fact it almost guarantees we won't
Where do get the fact that SISU have lost £6
It is understood that they acuquired £30m of 'debt' at a vastly reduced price when they bought the club. Also, their debt was funnelled through a multi-tier corporate structure. If CCFC go into liquidation they lose very little as the debt still exists elsewhere in the corporate structure. It is possible with a multi-tiered companies to structure the debt so that when one business fails the others still owe the money.
CCFC going into liquidation is irrelevant to SISU. Why do you think they have let it happen?
How has rejecting the CVA kept us here?
As far as I am aware ACL have not taken a penny out of the Arena yet. There was a £21m loan taken out to complete the building of the venue and your £8million figure comes very close to accounting for why that loan is now ~£14million. In the meantime the Arena has also been maintained and improved, we are told.
The club were within minutes of ending. They didn't have time for lease meetings.
It's been negotiated dead quick now hasn't it !!!!
And SHITSU are our knights in shinning armour. How blind some people chose to be baffles me.
I don't think sisu are good at all but some people se to lay the blame solely at their feet. They've put the money in (on paper at least) but ACL have took took took. They're both shit!And SHITSU are our knights in shinning armour. How blind some people chose to be baffles me.
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