really getting tired of repeating this..........
What is on offer is the shares in ACL. That gets you 50% of ACL not the stadium. It does not entitle you to 50% of the income of the stadium. It entitles you to dividends which cant be paid because (a) it would be illegal as negative balance sheet and (b) the owners of ACL have agreed to pay off all borrowings of ACL before taking income.
Buying 50% of ACL gives you NO INCOME ....... NO Revenues from, food/drink sales, advertising, sponsors, concerts, parking, olympics,
really getting tired of repeating this..........
What is on offer is the shares in ACL. That gets you 50% of ACL not the stadium. It does not entitle you to 50% of the income of the stadium. It entitles you to dividends which cant be paid because (a) it would be illegal as negative balance sheet and (b) the owners of ACL have agreed to pay off all borrowings of ACL before taking income.
Buying 50% of ACL gives you NO INCOME ....... NO Revenues from, food/drink sales, advertising, sponsors, concerts, parking, olympics,
Lets hope so as nobody else can.
Next season is the chance to prove themselves. They have stated they were wrong, they don't want Administration so we start on a level playing field regards points, if we don't go into administration then SISU are supporting us financially. Lets forget the past and get on with it. There is no other choice so go and get your season ticket (on DD or credit card) and get behind the lads. I feel quite up beat that SISU are talking about the future. True fans like myself have bought our tickets already.
and surely that is what she is relating to. acl was always a bad idea for the club. we need to own the stadium
</p>really getting tired of repeating this..........</p>
<p> </p>
<p>What is on offer is the shares in ACL. That gets you 50% of ACL not the stadium. It does not entitle you to 50% of the income of the stadium. It entitles you to dividends which cant be paid because (a) it would be illegal as negative balance sheet and (b) the owners of ACL have agreed to pay off all borrowings of ACL before taking income. </p>
<p> </p>
<p>Buying 50% of ACL gives you NO INCOME ....... NO Revenues from, food/drink sales, advertising, sponsors, concerts, parking, olympics,
I will never believe a word any of these leeches say,a carefully worded statement wont wash with me,unlike some it may seem. They've treated us like dogshit for the last 4 years. I don't think the council should reduce the rent,a lot of city fans don't live in coventry so why should my council tax go towards this lot,it ok for the out of towners saying reduce the rent.
I've got to say, I agree. This is the equivalent of a bad husband abusing his wife for years, shagging around behind her back, beating her, and being horrible to her mother. Then every so often, he gets drunk and buys her a box of chocolates, expecting it to make up for years of neglect and hurt. Well get real, Joy: we've been hurt, and this little gesture after five years is not enough! We want actions-we want to see that you've really changed, deep down, and aren't just saying this 'cos you want something (like to make us all stakeholders?).
Sorry, that all got a bit effeminate. Guess that must be the effect her balls of steel have on men?
You're right, of course. However this is the first time we've heard from HER. Again, you may be right, it maybe all bullshit. But, like I said WE HAVE NO CHOICE.
I don't ever want to go into admin as we would most likely never recover. Only a fool would wish for that, in my opinion.
Would ne nice to actually put a face to the name. Has she got two heads or something?
No way that cant be true if she pillow like Natalie cox i feel sorry for joy seppalaShe looks like Natalie Cox...
Aye
Pillow lol.
I will never believe a word any of these leeches say,a carefully worded statement wont wash with me,unlike some it may seem. They've treated us like dogshit for the last 4 years. I don't think the council should reduce the rent,a lot of city fans don't live in coventry so why should my council tax go towards this lot,it ok for the out of towners saying reduce the rent.
Everybody knows ideally the club and stadium should be one - but we need to deal with the realities not just demand that the football club should own it.
There is more to the Ricoh than CCFC. Of course in the perfect world the club would own it but the club screwed up .... no one else the club...... and all but went bust. There would be no stadium without the council and charity..... and the reason the stadium has an international reputation is because of ACL not because CCFC play there.
Its all well and good saying we need to own the stadium ...... show me the money or more importantly show ACL Council and charity.
How much do you think it would cost in interest or return on investment ...... north of £50m ...... then work out the interest at say 5%. ACL currently makes £500K profit after being very well run.
SISU .... CCFC ..... are not able to buy the stadium because they dont have the money. There are very good legal reasons why the council would expect full value for the freehold or why buying ACL would require full value too.
No good SISU whingeing they should have the stadium - put up or shut up. No good you saying we need to own the stadium if we dont have the money to buy it. Please dont say they should get it on the cheap, neither the council or charity can accept that.
They can't walk away from the Ricoh, were locked into a mental agreement.
</p>Spelling fixed for you <img src="http://www.skybluestalk.co.uk/images/smilies/icon_e_biggrin.gif" border="0" alt="" title="" smilieid="3" class="inlineimg" />
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