Brighton Sky Blue
Well-Known Member
They've bought out CWR? Always knew Linnell couldn't be trusted.
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.
It would surely enable us to cross invoice revenue would it not? Equally once the mortgage is repaid we would then be able to take dividends.
There never have been dividends though. I've tried to look at the arrangement today and the way I read it is that purchase of the share is technically worthless. No revenues unless agreed by the council and the rent is of course outside the arrangement.
Seriously this is a basket case. Without major concessions the club is finished.
No dividends because the mortgage hasn't been repaid. As I said earlier I think if SISU want any chance of appeasing their investors they need to sell to the highest bidder who then faces the task of securing the council's share.
I don't see the council selling and most idiots on here will rejoice in that and at the same time wonder why there is no club to support.
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.
No dividends because the mortgage hasn't been repaid.
I think your the one who is Bonkers as a local landlord you expect me to buy a property rent it out and then when they don't pay their rent give it them for nothing so they then can sell it on for a profit therefore shafting me twice Get in the real world.
At the end you expect all councils to hand over all their properties just because it suits a business then put up our council tax because they are not making a profit you get nothing for nothing in this world just ask SISU they value the club at over £40 million??? :blue:
So you agree then that the club should look elsewhere cheaper if they can't afford the high rent?
That's the problem with analogies, they can lead anywhere.
Why dont the trust refuse to speak to holdings, and only talk to the administrator? His is controlling LTD (football club)?
So you agree then that the club should look elsewhere cheaper if they can't afford the high rent?
That's the problem with analogies, they can lead anywhere.
I don't see the council selling and most idiots on here will rejoice in that and at the same time wonder why there is no club to support.
PRECISELY. They CLAIM they are the voice of the fans, but when the shit hit the fan - they cosy up to sisu!
Think the trust are betraying the very people they claimed to represent!
The idiot around here is you. Yet more nonsensical rubbish spouted. You seem to know very little about anything
Neither the charity or the council can take anything out of ACL until the mortgage is repaid.I thought it was more because ACL put any spare cash back into the complex rather than paying dividends?
Which of course is fantastic for a community asset and absolutely the right thing to do.
Doesn't help the club though.
The question to ask the club is if they'd continue to do the same on owning ACL.
The council have already indicated reluctance to part with their prize asset we won't succeed as a football club without ownership of ACL.
Think what you like but without significant compromise we have no future.
PRECISELY. They CLAIM they are the voice of the fans, but when the shit hit the fan - they cosy up to sisu!
Think the trust are betraying the very people they claimed to represent!
So you agree then that the club should look elsewhere cheaper if they can't afford the high rent?
That's the problem with analogies, they can lead anywhere.
So who do you represent ?
So explain exactly WHY sisu couldn#t have purchased a licence for the F&B when they took over five years ago!
It's all very well blaming "the bloody landlords" but Grendel seems to mistake sisu for CCFC - This is not and never has been the case!
And who do the council ultimately work for ? The people of Coventry! HOW can this internet troll simply not get this? If the council makes money, then ultimately it is the people of coventry who get this money. It's a hobson's choice. Does this idiot GENUINELY believe that even if ACL or whoever gave away for free the concessions, that any of that money would be invested back in the club? Has he seen what sisu has done to this club during their time here?
The issue is not that sisu want the concession, it is that they want it for FREE! That simply is not on, and no matter what inane drivel is spouted about how the council has fleeced the club (even if you accept they have, which I don't for a second), this "fleecing" is utterly insignificant, when you compare that to the interest payments of loans taken out by sisu, in ccfc's names; the £2.6 million in management fees, and whatever else lurks in their confidential financial dealings".
I cannot believe after everything that has gone on there are people out there STILL ready to defend these people! The people who are supposed to have the welfare (after all the naming rights at this time, well at least under holdings), yet feel no compunction to threaten the very existence by claiming at one stage they will put the club into not just administration, but liquidation.
Has he forgotten that sisu are threatening to rip the club out of its own city - just to avoid paying rent that it signed a contract to pay! By sisu's AVOIDABLE actions, the club incurred 10 points.
And where exactly did sisu get this mythical figure of an average rent of £170k? Certainly not from the clubs that the misguided sisu apologists put up as a simile. When you consider the running costs of the keepmoat (a 15k stadium) to the ricoh, it is not far off the mark!
And even now if sisu put a REALISTIC plan into action, with REALISTIC goals, and should a genuine desire to move the club forward, it could technically be possible for a deal to be struck. Sadly sisu are totally intransigent. They have proven time and again that they enter negotiations in bad faith. Just look how they Dulux attacked hoff's bid last time, yet claimed they couldn't reveal their own hand because of confidentiality! They refused because apparently a form wasn't on headed notepaper!
But even this pales into nothing when you look how they treat the fans. They rip down placards, try and silence fans, spread rumour and proven lies. How many times have they said they have listened to the fans and have learned lessons?
Fool me once shame on you - fool me twice shame on me! Sisu have treated the fans like mugs. They take for granted that ST holders will blindly renew their ST because they 100% support the club - thus they don't feel the need to do right by them.
And yet You STILL have people trying to defend these people!
THAT is just as indefensible as anything sisu have are and ever will do!
CCFC needs "fans" like this like they need a whole in the head!
Where has this bloke been for the last 6 months?
Spouting garbage like he always does.
Do you think season ticket holders are scum -- he does.
Seems to have changed a lot in the last two weeks
So explain exactly WHY sisu couldn#t have purchased a licence for the F&B when they took over five years ago!
Bit of a pointless remark that. Why sell the original ground, why sell star players over many decades? Because we have sold star players for ever and a day are you saying we have to always do this?
It's all very well blaming "the bloody landlords" but Grendel seems to mistake sisu for CCFC - This is not and never has been the case!
I think you will find it is you that mistakes the club for SISU and this taints your already warped thought processes even more.
And who do the council ultimately work for ? The people of Coventry! HOW can this internet troll simply not get this? If the council makes money, then ultimately it is the people of coventry who get this money. It's a hobson's choice. Does this idiot GENUINELY believe that even if ACL or whoever gave away for free the concessions, that any of that money would be invested back in the club? Has he seen what sisu has done to this club during their time here?
A ridiculous statement with no foundation. Are you saying that the City benefits from profit from the stadium and not the ACL management company. Perhaps you should do a comparison with other communities that assist the clubs - Swansea as a prime example - and see if the population adversely suffers from restricted services and increased taxation.
The issue is not that sisu want the concession, it is that they want it for FREE! That simply is not on, and no matter what inane drivel is spouted about how the council has fleeced the club (even if you accept they have, which I don't for a second), this "fleecing" is utterly insignificant, when you compare that to the interest payments of loans taken out by sisu, in ccfc's names; the £2.6 million in management fees, and whatever else lurks in their confidential financial dealings".
The over payment at £900,000 a season already equates to over £5 million. Your argument is ridiculous.
I cannot believe after everything that has gone on there are people out there STILL ready to defend these people! The people who are supposed to have the welfare (after all the naming rights at this time, well at least under holdings), yet feel no compunction to threaten the very existence by claiming at one stage they will put the club into not just administration, but liquidation.
If SISU can benefit the shareholders by moving grounds I assume you will applaud this as you have already stated the council should look after tax payers and not supporter interests. If you take that stance (unlike me) you should welcome the move
Has he forgotten that sisu are threatening to rip the club out of its own city - just to avoid paying rent that it signed a contract to pay! By sisu's AVOIDABLE actions, the club incurred 10 points.
The council and ACL bought about administration
And where exactly did sisu get this mythical figure of an average rent of £170k? Certainly not from the clubs that the misguided sisu apologists put up as a simile. When you consider the running costs of the keepmoat (a 15k stadium) to the ricoh, it is not far off the mark!
Keepmoat currently costs £10,000. We already know maths is not your strong point -- let's just go easy on you on this one
And even now if sisu put a REALISTIC plan into action, with REALISTIC goals, and should a genuine desire to move the club forward, it could technically be possible for a deal to be struck. Sadly sisu are totally intransigent. They have proven time and again that they enter negotiations in bad faith. Just look how they Dulux attacked hoff's bid last time, yet claimed they couldn't reveal their own hand because of confidentiality! They refused because apparently a form wasn't on headed notepaper!
Realistic to who? You, the tooth fairy or them?
But even this pales into nothing when you look how they treat the fans. They rip down placards, try and silence fans, spread rumour and proven lies. How many times have they said they have listened to the fans and have learned lessons?
Fool me once shame on you - fool me twice shame on me! Sisu have treated the fans like mugs. They take for granted that ST holders will blindly renew their ST because they 100% support the club - thus they don't feel the need to do right by them.
ST holders -- remind me what are they?
And yet You STILL have people trying to defend these people!
THAT is just as indefensible as anything sisu have are and ever will do!
CCFC needs "fans" like this like they need a whole in the head!
They need fans who provide revenue -- you refer to them as scum I believe
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