dongonzalos
Well-Known Member
You're all guessers! I'm one too - so let's not pretend we have any idea what Admin will cost us or what the club will be worth.
I see NO BENEFIT in SISU selecting the admin route. It can't be clearer since they are the major creditor. If we owed the banks and the revenue (which I guess could still happen as things are moved around) there would be a different picture, but otherwise it makes no logical sense for them.
Imo what they are trying to do is to cut as many costs as possible so that the team eventually breaks even or better. When that equilibrium is achieved, whatever league we happen to be in matters to them not one iota even if its the conference or lower. The only way they can now recoup their investment is to get hold of the revenue streams for all of the other associated schhemes at the Ricoh.
They can feed whatever lines they want as PR and appoint as manay new boards as they see fit, but they are clear that without gambling in a way they are not prepared to fund, we will not reach the promised land of the EPL. Without that golden carrot to aim for their is little in it for them other than the Ricoh. However, to walk away or go down the admin route will not hold much opinion to their investors who are their only real customers. Mr ABC who lives thousands of miles away does not care about Coventry City but does care about his investment and their duty is to get the best possible return on that.
If it is correct that they would control any administration then Unfortunately I concede
That you are correct. Death by 1000 cuts.
Looks like we will need to get behind the kids and hope they can cause a shock