Mary_Mungo_Midge
Well-Known Member
Yes. They're playing so much of a blinder that if ACL reject their CVA, the club's liquidated
nothing will happen for 10 or 11 days yet. this meeting is just the first. Sisu are playing a blinder though, i see ACL seeing the light soon.
Grow up,we couldnt even afford to pay the rent for it,so why should we buy it,The other ground that tired Tim raves about will never happen. I think you know that.
No way is it just going to be 3 years, at an absolute minimum it will be 5 years. Realistically be more like 7'Coventry City FC chief executive Tim Fisher said: “We completely understand the pain the groundshare is going to cause our supporters but we have a clear path to return to the Coventry area.'
We were already IN the Coventry area you plum! And you understand the pain? No you don't. Fans will stop going for THREE YEARS. That is not pain it is a clear statement that fans do not accept the groundshare.
If he just sees it as pain he is missing the point completely.
I can not believe the people on here who are agreeing and even sticking up for the SISU master plan ,leaving aside who is right or wrong in this sad situation ,and I am sure there are faults on both sides of the table (although far more on one side than the other in my opinion).
Those sticking up for SISU what do you see as a future for your club ? Moving in the short term to a vastly inferior stadium than the Ricoh ,then if SISU plans are to be believed move back to the Coventry area to a vastly inferior stadium to the Ricoh ,that will leave little money free to invest in the team therefore ensuring the long term mediocrity of CCFC ,because don't forget SISU being a hedge fund will need to take back all losses caused by the move to Northampton plus all costs involved in the developement of a new stadium before any significant investment in the playing sode can or will be made ,considering that it will be at least 3 years ( more like 5) before even moving to a new stadium then at least another 5 at the very least to recoup any costs and losses made you are looking at 3rd division at best until at least 2023.
Or maybe you could swallow your blindness and hatred for ACL and see that if SISU could swallow some pride and actually do a deal with ACL ,and don't say that ACL are against this as it has been well documented that deals have been offered, for a reasonable LONG term contract to stay at the Ricoh, then ,and this may sound silly ,invest in the team to maybe try to gain promotions and hopefully get CCFC back in to the Premiership therefore increasing the revenue streams that Fischer keeps harping on about it would put them in a much better position to either make a profit or sell on CCFC to a new owner ?
There only seems to be one option to me ,and like a lot of people on here I truly believe that SISU's only motive in the past has been to grab the Ricoh on the cheap and have little interest in CCFC at all ,I am sure that had they reached their goal by now then you would probably be looking at new owners by now who would be paying rent to SISU instead of ACL.
Pleas note I am looking at this from totally impartionally I do not support CCFC neither am I a Coventry council tax payer, but just someone who feels sorry for the fans of your club for the mess your present owners seem to have got you in to.
Stay strong and stick together
so if the real plan is to build the ground what is the point of any talks today. If thats the plan there is no way that the B team of waggot labovitch and brookfield can go in to that meeting in good faith.
It would take something "nuclear" to force the stakeholders in ACL to sell to SISU and even if one decided to do it the other could veto it. Am sure some here will say there is an ACL arm breaker in there but where? Don't say it is because the business is not viable without CCFC - none of us knows that for certain and TF is working off figures he had last June when they tried to buy the Higgs Charity shares, a lot has changed since
No point in having a three year deal for ACL they might as well deal with it now when there is a clean break of the lease coming. Why put it off for 3 to 5 years just to help SISU out while they build a competing stadium. The problem would be the same in three years or so with a new competitor.
Yes there will be deals put forward, I would hope some sort of compromise by both sides, but I just dont see a short term deal or SISU owning ACL or the freehold.
Others may well see it differently, if so put a reasoned argument forward rather than make statements like SISU will own it, ACL have to sell, it will happen tomorrow, next week the week after that. Why? I have no reason to trust in wild claims
Surely CCC cant sell any stake in Coventry's key asset (the Ricoh) to a failed and unethical hedgefund who have shown nothing but disdain to Coventry people- and have been a total and utter disaster?
That would be political suicide.
There is every point to having a temporary 3 year deal. Firstly it would mean a signed CVA (and £600,000), it would give them time to prepare for a revised business model if required (that could not happen overnight), it would give them income in the meantime, but actually what it would do in reality is buy them time required for this silly idea to be buried, because we all know a new stadium is highly unlikely, and you would hope we might secure a change of ownership in that time.
Thought it was today ?
so if the real plan is to build the ground what is the point of any talks today. If thats the plan and an agreement at Sixfields in place there is no way that the B team of waggot labovitch and brookfield can go in to that meeting in good faith.
It would take something "nuclear" to force the stakeholders in ACL to sell to SISU and even if one decided to do it the other could veto it. Am sure some here will say there is an ACL arm breaker in there but where? Don't say it is because the business is not viable without CCFC - none of us knows that for certain and TF is working off figures he had last June when they tried to buy the Higgs Charity shares, a lot has changed since. None of us know the other options that ACL maybe working on because of this dispute and the move to Northampton by the club
No point in having a three year deal for ACL they might as well deal with it now when there is a clean break of the lease coming. Why put it off for 3 to 5 years just to help SISU out while they build a competing stadium. The problem would be the same in three years or so with a new competitor. To go short term for them does not make sense to me
Yes there will be deals put forward, I would hope some sort of compromise by both sides, but I just dont see a short term deal or SISU owning ACL or the freehold.
Others may well see it differently, if so put a reasoned argument forward rather than make statements like SISU will own it, ACL have to sell, it will happen tomorrow, next week the week after that. Why? I have no reason to trust in wild claims
If I was ACL I would offer the deal they gave whilst the club is in administration for the whole of this year regardless of the position.
It would give them further time to negotiate, allow ACL to tread water.
Only downside is for SISU if they don't really have plans to build a stadium.
In that time the pressure would be off ACL and SISU would be expected to show progress on their plans.
think you are making the assumption that ACL have just been sitting there waiting to get the situation sorted - would that be the case?
Not sure an occupied arena increases bargaining power. They have proven the operation of the stadium and the fact that it would be vacant allows shorter timescales whilst holding one off events. They know and prospective clients know they can cater for 30k people in the stadium bowl.
Also bear in mind it is the bottom line that is important to ACL not the turnover. Something like bringing in someone elses team is fraught with all sorts of problems. But you could market it as a sports venue in other ways. Do you need to have a team sport in a league. Do you need to let it 25 times a year to a team ? Is it possible to use the stadium for other things while providing a sporting venue for example. I think people can become blinkered in to thinking a stadium must have a league team in it - is there an alternative way to look at it. A lot of people see things too black and white as far as usage is concerned. Do the alternatives have to be big events for example?
I doubt they could stick a roof on it I wouldnt mind betting the build did not allow for that so it is not feasible.
They have to make a decision (or at least I would if them) and get on with it.
both sides observing media blackout but somehow details of the secret meeting and what was discussed and who was there are available to "sources" who just happen to speak to the CT.
and they wonder why a lack of trust is a problem :facepalm::facepalm::facepalm:
think you are making the assumption that ACL have just been sitting there waiting to get the situation sorted - would that be the case?
Not sure an occupied arena increases bargaining power. They have proven the operation of the stadium and the fact that it would be vacant allows shorter timescales whilst holding one off events. They know and prospective clients know they can cater for 30k people in the stadium bowl. Also if there is no team requirement then other areas become more available.
Also bear in mind it is the bottom line that is important to ACL not the turnover. Something like bringing in someone elses team is fraught with all sorts of problems. But you could market it as a sports venue in other ways. Do you need to have a team sport in a league. Do you need to let it 25 times a year to a team ? Is it possible to use the stadium for other things while providing a sporting venue for example. I think people can become blinkered in to thinking a stadium must have a league team in it - is there an alternative way to look at it. A lot of people see things too black and white as far as usage is concerned. Do the alternatives have to be big events for example?
I doubt they could stick a roof on it I wouldnt mind betting the build did not allow for that so it is not feasible.
They have to make a decision (or at least I would if them) and get on with it. If CCFC provides 9% of turnover perhaps a rethink (from a purely ACL point of view) is required. Are they using the stadium to the best most profitable result by having a three year deal with CCFC or should they cut loose now?
They might not be aiming to stay in Northampton, but they sure as hell don't give a shit if they do !!Might be bullshit but its obvious sisu are looking to build a stadium.only an idiot would think their game plan is to be in Northampton forever.
Club needs to own its stadium, time for council to sell it back to us. Either that or demolish it out of spite
But the council are heroes right? They wouldn't do such a thing?
Do the right thing CCC and sell sell sell.
The problem with a deal for just a season is, do you want to go through this again next close season?!?
Haven't we got to a stage as fans where it needs resolution one way or another, before we tear each other limb from limb?
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