So Tim, where will the meetings be held at?
Walsall? Or Hinckley?
Why are they unlikely to win? It's becoming obvious that the club is not really in administration at all. The council opened Pandora's box and we will all pay a price.
I don't reallly know RP but it has been alluded to in rumour from both sides ,is it logical ? No but she does move in those circles and holds a position for an ultra wealthy families business who son is a Congressman. the senior in the family I believe heads up or Sponsors the states universities ,with Pennsylvania State University Pension fund being one of the five origonal investors ,ultimately she is connected.
What I don't get is why didn't they appeal about the ten points?
What I don't get is why didn't they appeal about the ten points?
The council opened Pandora's box and we will all pay a price.
A decent analogy for once, all the evils of the world flew out, but the very last thing to emerge was Hope.
Though I would say all sides have had a hand in opening the box.
But Sisu set up the box, how can the Council be held responsible for what is in it?
But Sisu set up the box, how can the Council be held responsible for what is in it?
I will hold all parties responsible if this unfolds as it is likely to do. If the rent agreement offered now was in place a decade ago we would potentially be in the premier league again. The council have a lot to answer for and the supporters should start to make them culpable. If we don't the club will cease to exist I am convinced of it.
How the hell can you hold the Council responsible for gaining the best possible deal for the taxpayers? Remember that the rent was set whilst we were still in the Premier League, the fact that nobody from CCFC thought about a drop in gates should a relegation ensue is hardly the Council's fault.I will hold all parties responsible if this unfolds as it is likely to do. If the rent agreement offered now was in place a decade ago we would potentially be in the premier league again. The council have a lot to answer for and the supporters should start to make them culpable. If we don't the club will cease to exist I am convinced of it.
How the hell can you hold the Council responsible for gaining the best possible deal for the taxpayers? Remember that the rent was set whilst we were still in the Premier League, the fact that nobody from CCFC thought about a drop in gates should a relegation ensue is hardly the Council's fault.
I will hold all parties responsible if this unfolds as it is likely to do. If the rent agreement offered now was in place a decade ago we would potentially be in the premier league again. The council have a lot to answer for and the supporters should start to make them culpable. If we don't the club will cease to exist I am convinced of it.
With a potential shot at the playoffs ??What I don't get is why didn't they appeal about the ten points?
I will hold all parties responsible if this unfolds as it is likely to do. If the rent agreement offered now was in place a decade ago we would potentially be in the premier league again. The council have a lot to answer for and the supporters should start to make them culpable. If we don't the club will cease to exist I am convinced of it.
Ok, so the club is £60m in debt, since 2005 the club has spent around £8m on rent, and lost out on maybe £10m worth of revenue streams (and that is being generous).
So taking away the whole stadium issue, the club would still be £42m in debt, so where is this premier league budget coming from?
Nice teeth !
I do, I have a pretty low opinion of the human race in general when it comes to believing what they are told when its spun even half decently. Otherwise there would be no religion, no homeopathy, no astrology, none of our newspapers especially the daily mail, how many ignorant people believe we didnt go to the moon for example?
Bloody hell! if they think that we'll go to the moon for home games it will never happen. No atmosphere at all there! TF do one
She had teeth?
Because this is not a hedge fund investment. SISU do manage a hedge fund, but the purchase and running of CCFC is a separate, unconnected venture and as such the original investors were probably given a time scale of 5,6 or 7 years after which time the venture would be sold or wound up. Guess which is happening?
60m (not all of it) in debt has obviously been dumped on CCFC, from other ventures (many owners do this, not just a SISU thing to do), it hasn't been spent on the club quite clearly because it just came out of nowhere one day. So Grendel isn't too far off, also, if you are generally doing well, you'll tend to make more risks with your money, taking loans out to push for the prem etc. but now, spending such sums of money on CCFC is well, stupid.
I do try to ignore you, but on this occasion I would love to know how the council were to blame for the rent agreement while the club was still playing at Highfield Road?
How the hell can you hold the Council responsible for gaining the best possible deal for the taxpayers? .
So it's pure unemotional business that concerns you? So if sisu make a business case that supports a move from Coventry providing that benefits their investors I assume you also will approve that?
If not you are a hypocrite.
What are the benefits for their shareholders?
My point is if you believe the council should act purely in their commercial best interest then you also must support sisu fm for doing the same. Both may make the wrong decision. However if the view is the council owe the community asset nothing then certainly no one should expect the hedge fund to do so either.
Ok, so the club is £60m in debt, since 2005 the club has spent around £8m on rent, and lost out on maybe £10m worth of revenue streams (and that is being generous).
So taking away the whole stadium issue, the club would still be £42m in debt, so where is this premier league budget coming from?
Oh dear. CSE grade u in economics I assume?
Missing the point. Point is if they think it is then we can't argue. The council I think should hand ACL over to the club. I think supporters are bonkers for siding with a bloody landlord. I think no one else will ever buy the club without ACL free of charge.If it is the wrong decision I would struggle to support it.
You yourself have said SISU would not move the club.
That is because it is not a realistic viable option.
You just saw it as a hollow threat.
So it would not benefit their shareholders.
If they had done a proper negotiation with ACL . Built a trusted business relationship in the time they have been here.
That would have in the long term benefited their shareholders.
This mess will not
Missing the point. Point is if they think it is then we can't argue. The council I think should hand ACL over to the club. I think supporters are bonkers for siding with a bloody landlord. I think no one else will ever buy the club without ACL free of charge.
I think meltdown is around the corner and unless people like you don't wake up we will be doomed.
Missing the point. Point is if they think it is then we can't argue. The council I think should hand ACL over to the club. I think supporters are bonkers for siding with a bloody landlord. I think no one else will ever buy the club without ACL free of charge.
I think meltdown is around the corner and unless people like you don't wake up we will be doomed.
So if Higgs said they can't have a professional relationship with SISU and would veto any move by the council to hand over their share. However if Mr Haskell picks up the club they will allow it to be handed over you would be happy with that?
My understanding is the Higgs share is actually worthless. It attracts no access to any revenue football or non football related. I may be wrong bit that is my belief so ultimately the council share is the issue.
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