Broken Hearted Sky Blue
Well-Known Member
So youre outraged by 6million ponunds of rent but ok by 69 million of debt?
Are you outraged by the unfairness then?
So youre outraged by 6million ponunds of rent but ok by 69 million of debt?
You and sisu have you a blind spot? how fair are sisu to CCFC
They couldn't give a flying fook about you or CCFC
Your right they can't I have no blind spot. ACL and the council feel the same and sadly that is where your myopia sets in.
The club were in £60 million pound of real debt after relegation and £40 million when SISU took over. What is your point? Why are both not acceptable? Both are mutually exclusive.
Forget SISU think CCFC - what is your view that the club has the worst FPP set up by any council owned stadium -- how does that make you feel?
I would like to seriously consider this assertion that the club has been shafted over the rent on the Ricoh and that CCFC have a worse deal than any other club.
So, Grendel, SBTaylor, Insidetrack or torch can one of you post your evidence base in simple language please so we can look at it.
This is a genuine enquiry as I have seen this claimed many times but I have seen no evidence presented in layman's terms.
Thanks
I would like to seriously consider this assertion that the club has been shafted over the rent on the Ricoh and that CCFC have a worse deal than any other club.
So, Grendel, SBTaylor, Insidetrack or torch can one of you post your evidence base in simple language please so we can look at it.
This is a genuine enquiry as I have seen this claimed many times but I have seen no evidence presented in layman's terms.
Thanks
On a serious note, I'm going to ask this question, and the answer 'yes' or 'no' determines your stance on this issue:
- Is 1.28m with no revenue streams (net rent ranges from 1.4-1.8m p/a (maybe more) over the lease thus far) sustainable for a football club that is now in L1 (even before we got relegated though)?
If ACL were genuinely compassionate, they at least try to aid the club in whatever ways they can to try and get the club back into the Championship and hopefully that could go some way in achieving 'Operation Premiership', the sooner the club gets out of L1 and hopefully one day, the Championship, the City of Coventry AND ACL (assuming they're still trading) would be better off, for example, more consumers in ground (higher attendances) and the city would enjoy that little bit of tourism in the form of larger away followings.
SBT, are you being deliberately obtuse or are you forgetting the offer given to the club in January which the bailout facilitated?
Id give inside track a chance.As much as I want sisu gone from our club permanently id also want to know if acl and the council have been up to anything they shouldn't. Although I dont blame them as much as sisu they are far from innocent in this shambles.
Nope, I reckon she is a plant to spread propaganda & confusion for the owners.. simply no credability.. only talks down, never has a positive idea...
Nope, I reckon she is a plant to spread propaganda & confusion for the owners.. simply no credability.. only talks down, never has a positive idea...
How do we know it is a she?
'Inside Track' said when people assumed she was a he.
Remind us exactly what that offer was BSB
Now you're on about the bailout, a complete waste of taxpayers' money! Why couldn't the CCC have helped us out pre 2005 in a similar way? All the bailout has done is made the distant dream of CCFC owning the RICOH an even more distant dream, even if this PH4/other owners come into town, the CCC are intent on milking the cash cow, the exact same intents SISU have in that respect.
I think further compromises can be and should be made, for example, you have said will that the extra 20% F&B is pointless, but, if it's that 'worthless', why can't CCFC have it considering that we're struggling massively whilst ACL are making profit.
I asked you to back up your statement first, I've been waiting a while since the start of April in fact, and the fact that you haven't makes me think that perhaps you can't. Am I wrong? Is there a reason you can't, are you sick?I do t need to. I pose one question to James. Is there any other club that has a worse deal to work under on FPP rules in a council run stadium.
True supporters like myself, inside track, the ferret, torch etc. know the answer and rightly are outraged by it.
Others such as yourself and James are not. James is very good at research (of a selective variety) so I am sure if such an example existed he would produce it.
He can't. So I leave everyone in here to conclude themselves both what the answer is and indeed what James truly is.
I asked you to back up your statement first, I've been waiting a while since the start of April in fact, and the fact that you haven't makes me think that perhaps you can't. Am I wrong? Is there a reason you can't, are you sick?
Fine don't prove it to me prove it to everyone else.Why are you after some kind of special prize? I don't have to back up anything to you
Okay since you obviously can't back up the claim in that post, or you would have done so already wouldn't you? I'll sadly have to refuse to answer your question.By not answering the question you have of course answered it.
Thanks that made me laugh out loud.Thanks - keep trolling James.
In most other cases where there are council owned stadiums the club are either on very long leases where they are leasing the entire stadium or are owners or part owners in the stadium management company* for their ground. When we had the chance to get too the same state as them and become part owners in our stadium by buying the charity share, SISU agreed a heads of terms and then just walked away. For part of the amount of money that they say they have invested and the money they are going to invest in their new White Elephant stadium they could have bought the Higgs share and the council share of ACL. They could then have owned ACL and all the revenues that the stadium makes, handy for FFP but strangely they didn't. :thinking about:
*Doncaster, Hull, Ipswich, Swansea
Really - they signed an agreement? I wasn't aware of that
My bolding & underlining.PWKH said:Kingharvest wrote that it had been said by Fisher that the Council had vetoed the sale of the shares in ACL owned by the Charity to Sisu. If he has reported this accurately it is a completely untrue statement by Fisher. As Clerk to the Trustees I handle all the documents between the Charity and any other party on every matter. There was indeed an agreed heads of terms between Sisu and the Charity signed in June of last year. Since writing and signing it Sisu has made absolutely no contact with the Charity. The City Council has not used the veto to stop any deal at any time. Any statement to the contrary is misleading and mischievous. Fisher has made a large number of statements over recent days which can be taken up by others. When something false is said about the Charity it will be dealt with through this and other means, the Charity reserves all its rights.
My bolding & underlining.
http://www.skybluestalk.co.uk/threa...Fisher-tonight?p=372844&viewfull=1#post372844
Rent reduced to £400k.
Arrears reduced to £600k, escrow reduced to £200k.
ACL's share of the F+B profits.
ACL to cross invoice total F+B revenue for FFP.
No that was the rent deal and the infamous handshakes that were to say goodbye not indicating any agreement.Is this not disputed by the other side?
No that was the rent deal and the infamous handshakes that were to say goodbye not indicating any agreement.
http://www.skybluestalk.co.uk/threa...CCFC?p=398118&highlight=handshakes#post398118
Did fisher not claim the agreement was vetoed at council level?
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