Doug King Takeover (8 Viewers)

SBT

Well-Known Member
Frankly if we are offered the money done are suggesting it doesn’t matter what he wants
Not sure he’ll take that much convincing! Think Dom Hyam must have been on the single malt that day.
 

long way home

Well-Known Member
Not sure it means anything either way him being there or not. The optics may say its bad but we are not going to get the truth on it anyway.

Any announcement will come out the blue like everything else connected to the club.
 

Hobo

Well-Known Member
I think O'Hare was as good as gone in January. Has this new injury has scuppered our financial plans?

We may have been able to keep Gyok as long as his release fee wasnt triggered?

But January is the time to tweek your squad, not rebuild.
 
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slowpoke

Well-Known Member
I think O'Hare was as good as gone in January. Has thisnew injury has probably scuppered our financial plans?

We may have been able to keep Gyok as long as his release fee wasnt triggered?

But January is the time to tweek your squad, not rebuild.
Where do you get that from ?
 

better days

Well-Known Member
I think O'Hare was as good as gone in January. Has this new injury has scuppered our financial plans?

We may have been able to keep Gyok as long as his release fee wasnt triggered?

But January is the time to tweek your squad, not rebuild.
I heard the same
Very big offer from Burnley
Terrible for everyone concerned but especially for COH
Football can be cruel
 
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Grendel

Well-Known Member

the rumpo kid

Well-Known Member
Let's be honest with our self's now , this take over isn't going to happen !
It's gone on to long with the one question the EFL are asking that Doug can't answer, "where will Coventry city be playing next season " and because he can't answer that question he will be rejected by the EFL .
Only one person can answer that and he will become the next owner , like it or not.
Imo the sooner the better.
 

SBT

Well-Known Member
Let's be honest with our self's now , this take over isn't going to happen !
It's gone on to long with the one question the EFL are asking that Doug can't answer, "where will Coventry city be playing next season " and because he can't answer that question he will be rejected by the EFL .
Only one person can answer that and he will become the next owner , like it or not.
Imo the sooner the better.
By that logic even Jeff Bezos wouldn’t pass the EFL test then.
 

Hobo

Well-Known Member
to be fair he does have a point

How can King answer that question? The current contract is only until the end of the season. Until he is approved as the owner he cant take any part in the club s affairs and not in a position to negotiate a new one.
 

Grendel

Well-Known Member
How can King answer that question? The current contract is only until the end of the season. Until he is approved as the owner he cant take any part in the club s affairs and not in a position to negotiate a new one.

Well he can’t but perhaps he’s been asked to sort that security before a takeover and frankly I’d support that all the way
 

MalcSB

Well-Known Member
Let's be honest with our self's now , this take over isn't going to happen !
It's gone on to long with the one question the EFL are asking that Doug can't answer, "where will Coventry city be playing next season " and because he can't answer that question he will be rejected by the EFL .
Only one person can answer that and he will become the next owner , like it or not.
Imo the sooner the better.
The current owners are in no better position than King to answer that question in reality.
 

BrisbaneBronco

Well-Known Member
That's very true but the EFL cannot really do anything about the current owners, what they will do is make sure any future owner has the ground situation sorted. Fraser group own the stadium and either they buy the club or the owners of the club enter into a long term contract to rent the stadium. Until either of these options happen there is zero chance of EFL approval in my opinion, but who knows.
 

Samo

Well-Known Member
That's very true but the EFL cannot really do anything about the current owners, what they will do is make sure any future owner has the ground situation sorted. Fraser group own the stadium and either they buy the club or the owners of the club enter into a long term contract to rent the stadium. Until either of these options happen there is zero chance of EFL approval in my opinion, but who knows.

But don't lots of clubs rent stadiums? And are at various stages of those leases. The EFL cannot expect certainty any more than anyone can.
 

CCFC54321

Well-Known Member
The ‘where we play’ shouldn’t come into the ‘ownership’ of CCFC. That’s nothing to do with the assets of buying a football club.

If we rent like many clubs that’s for the club to ensure the EFL that we can fulfil our fixtures in my opinion another discussion.
 

Grendel

Well-Known Member
The ‘where we play’ shouldn’t come into the ‘ownership’ of CCFC. That’s nothing to do with the assets of buying a football club.

If we rent like many clubs that’s for the club to ensure the EFL that we can fulfil our fixtures in my opinion another discussion.

well it does as part of ownership is a knowledge of where we play and if it’s affordable
 

chiefdave

Well-Known Member
But don't lots of clubs rent stadiums? And are at various stages of those leases. The EFL cannot expect certainty any more than anyone can.
Haven't got time to look it up at the moment but pretty sure there's a regulation that requires a minimum of a 10 year lease in place.

Of course the downside of that means Frasers have the club over a barrel when it's time to negotiate, if they say they want £5m a year or some other ridiculous sum what can we do? Not like the new stadium is ever likely to happen :ROFLMAO:
 

Sky Blue Pete

Well-Known Member
Haven't got time to look it up at the moment but pretty sure there's a regulation that requires a minimum of a 10 year lease in place.

Of course the downside of that means Frasers have the club over a barrel when it's time to negotiate, if they say they want £5m a year or some other ridiculous sum what can we do? Not like the new stadium is ever likely to happen :ROFLMAO:
Not sure that’s how it works in business especially when it’s a mutually desirable solution
 
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Samo

Well-Known Member
Haven't got time to look it up at the moment but pretty sure there's a regulation that requires a minimum of a 10 year lease in place.

Of course the downside of that means Frasers have the club over a barrel when it's time to negotiate, if they say they want £5m a year or some other ridiculous sum what can we do? Not like the new stadium is ever likely to happen :ROFLMAO:

If that is the case, why would the club be expecting clearance from the EFL?
I mean, why even pretend, knowing it will be exposed?
 

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