Is CCFC a worthy investment? (1 Viewer)

[Sky Blue Kid]

Forget trying to figure out what this is worth, or what that is worth. The ONLY thing of any worth is the "Golden Share" Without it the rest is worthless!

 

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[italiahorse]

On a serious note. The league has just a handful of clubs capable of double digit crowd figures. Coventry being one. Make no mistake we are a big fish in this lower league. Yesterday we got near 9k against poor opposition and terrible back to back defeats and this whole apathy thing.
IF there were any interested parties out there they know this club can be revived with some sensible investment of just several million.
Conversely Scunthorpe got around 4k for their home game yesterday. Had we been in their position it stands to reason we would have had at least 20k +
There is still a clear route to negotiating with WASP for any new owners to a suitable compromise. Why? because they are not the current troublemakers.
So where are those ghost investors everyone talks about? Why wouldn't Otium sell up for a figure that settles their investors concerns? I'd assume this figure would fall somewhere around 20m.
So what is stopping potential takeovers?

£20M for what ?
All we have is goodwill and history.

 

[Broken Hearted Sky Blue]

£20M for what ?
All we have is goodwill and history.

Very little goodwill from where I'm standing and we will be history soon

 

[stevefloyd]

What like the 20k+ crowds we were getting this time last season when we were top of thr league?

Sent from my SM-G930F using Tapatalk

To be fair the crowds were starting to come back but in true Coventry style...we fucked it up and lost everyone again

 

[Sky Blue Dal]

The only asset that CCFC have that is worth anything is the Golden Share. Pretty sad isn't it :-(

 

[clint van damme]

whoever took over would have my eternal love and gratitude - surely that's worth something?!

 

[fernandopartridge]

The only asset that CCFC have that is worth anything is the Golden Share. Pretty sad isn't it :-(

Pretty sad but pretty much the case since 2001.

 

[Sky Blue Kid]

At least the scum can't spend the Golden Share.

 

[Paxman II]

£20M for what ?
All we have is goodwill and history.

The £20 is what I believe the investors are in the hole for. SkyBlue 58 says around £18 so about right. I'm not saying someone should come in with £20m. In fact I think half that would get them interested or at least ought to!

 

[oldskyblue58]

I also said that I would value it at 5m to 6m tops for buying the assets and taking on the football debts - and that I wouldn't be paying that much up front. Buy the company as a whole and I wouldn't pay a bean for it - its toxic with the loans and preference shares in place

But SISU have got to want to sell and mean it.

 

[Paxman II]

Oh I agree but I'm wondering if they know how to 'mean' anything!
But why are they hanging in like grim death? Are they still putting faith in a favourable court outcome? If so how does that change things should they win?
Or is it that no one is seriously interested and may simply wait for the club to fail and sweep up what's left? What's SISU's end game here?