cloughie
Well-Known Member
Even if I was wealthy i wouldn't be stupid enough to bail out sisu they have got plenty of their own money
no just £1:1million but my numbers never came up last night do we have any really wealthy fans out there.
no just £1:1million but my numbers never came up last night
The Goal Zone (Free Radio sport) have just tweeted the following:
We understand Coventry have been issued with a Statutory Demand. That gives them 21 days to pay their outstanding rent on the Ricoh.
If they don't, they could face a winding up order.
Just to point out that it is very rare a straight up winding order will be served.... there are ways to delay it
no just £1:1million but my numbers never came up last night do we have any really wealthy fans out there.
Totally agree to this. Anyone know when the contract would run out? I think it should change per division (a certain percentage of something) but I imagine that could prove to be a bit of a ballache for ACL to forecast.
Here's Hoffman....................
Funny how they've gone off the scene since the transfer window closed........
Worrying stuff! It's almost like we've gone a full circle!
I didnt think the club could be run any worse than when Richardson was Chairman and the McGinnity but im being proven wrong!
Really???? There be more concerts without CCFC
The rent is too high to sustain in league one but sisu agreed to pay that amount. It's sisus fault we dropped into lower league football yet try and blame everybody else but themselves.
Tim Fisher is like every other sisu mouthpiece that we've had to endure since Raymondo rode off into the sunset, full of bull.
I'm fearing the worst come Boxing Day. Where on earth will sisu find 1.1 million quid?
My niece works for ACL. Why the fook should her job be threatened by a Hedge company that doesn't give a shit about Coventry, its tax-paying citizens or its football club?
Imagine if you or I didn't pay Council tax for 9 months. The only surprising thing about today's news is that is didn't come sooner.
All SISU they care about is the Arena. They don't care if ACL, the Arena (a fantastic facility for the City of Coventry) or even a local charity suffer. Its just collateral damage to them. Fortunately for them, SISU have the twats at BBC CWR to help make ACL 'the bad guys' in the eyes of the Coventry public.
I think it's very easy to make all this SISUs fault.
torch take a look at PWKH's post ,............ ACL did offer alternative lower rents and SISU dismissed them out of hand
Yes, I saw that. Maybe their offer was also unaffordable?
So, what have ACL (and Alan Higgs Trust) done wrong then?
All of this is on SISU and previous boards of CCFC.
Yes, I saw that. Maybe their offer was also unaffordable?
I think it's very easy to make all this SISUs fault. There's no doubt they are at fault, but I also think it's stupid of ACL not to try and give the club a more realistic rent. I/'m sure it will get sorted, it's just a shame that it's all being played out in public.
And who brought it into the public domain ?
Well, the lion's share of blame is at the door of Richardson. We should never have left HR. We had the money for the stadium, we could and should have owned it. What went wrong. What happened to all the cash? SISUs stupidity was buying us in the first place, they didn't realise that the football business was different to others they'd been involved in.
Here's Hoffman....................
Funny how they've gone off the scene since the transfer window closed........
It's strange I am a cov fan.
However I am pleased ACL are standing up to the bullies.
It's not all one-sided. Regardless of whether SISU took on the already-agreed £1.2M a year payments, it is obvious to everyone and their cat that a club like us, in our position with our fan base CANNOT afford to pay such a rent. If we were full to the rafters every week then fair enough, but we're not and we're not likely to be - unless we can get a draw at WHL. The club SHOULD be able to renegotiate and ACL should AGREE to that. SISUs mistake was to withhold their payments while negotiations took place, stupid.
Interesting though that we will still end up paying ACL £250K a year on a match-by-match basis still more than all L1 and most Championship clubs. So CCFC are still paying something.
Personally I am, as always, on the side of the Football Club.
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