fernandopartridge
Well-Known Member
https://www.theguardian.com/football/blog/2016/oct/12/coventry-city-decline-despair-league-one
Saw this comment below the line from a neutral that sums my view up too:
Saw this comment below the line from a neutral that sums my view up too:
Without a buyer, the obvious solution is to keep cutting costs until the club becomes viable. Unfortunately, that might mean the club drops out of the Football League. A tragedy for the 8th largest city (?) in the country but no one owes Coventry City and their fans a free ride.
SISU aren't the real culprits: the previous owners created the problem by selling Highfield Road and plunging the club into enormous debt. SISU stupidly bought into it expecting a return on their investment. After poor managerial choices and poor transfer decision, SISU decided to cut their losses.
Nothing wrong with that. Even their decision to try to distress ACL happens in the harsh real world of business and commerce. But that gamble failed.
Now SISU own a football club with very, very few assets and there won't be many buyers.
If the Cov fans rallied to their team and turned up giving attendances of 20,000 plus, it would generate funds for the club, funds for SISU to give them a way out and it MIGHT attract a buyer.
All sympathy with the Coventry fans but they are risking the future of their club by indulging in a ideological clash with the owners - and the owners SISU don't care