Astute
Well-Known Member
There is no bias, I'm quite sure the council/ACL have done some less than honourable things that have genuinely harmed the club. I think it's disgusting that after the club threw a load of money at clearing a derelict site of contaminated ground that was otherwise going to lie there and continue to an eyesore that the council portray themselves as the people who saved the club when we ran out of money. I think them pocketing the money from tesco and all the other companies whilst over charging us when we were on our knees needs and explanation and is also wrong, but it still won't change my mind and I'm sure plenty of others who are staying away that SISU taking the club out of Coventry is wrong.
But as no one from the club is prepared to engage with the fans as to why they genuinely have no choice why don't you explain what you have been assured and just why it has changed your mind so much, cause if I'm honest I'm from the camp that actually thinks we need to own the ground and had they decided to build a new ground whilst we were still playing at the Ricoh would have still followed and followed to the new ground.
Now though and again I'm sure I'm not alone by the time they return I will have replaced going to the footy with something else and won't bother returning even if they do return to a ground "in the Coventry area"
Sorry but you are wrong on that point. Most people on here know it to be false now. We had a thread where some on here wwere saying the same thing and I got called lots of select names for saying they were wrong.
http://moderngov.coventry.gov.uk/Da...08 - Arena Construction Completion Report.pdf Go to page 16. You will see the costs. CCFC paid a total of £1,758,000 towards the cost. For this they got a 50% share of ACL. Tescos paid £42,420,000 in cash and paid the 17m cost of decontaminating the land. So they paid just under 60m altogether. CCC paid just over 24m for the land. So the land and decontamination came to just over 40m alone.
You might also notice that the freehold value is in there as well. It states that the market value in 2006 as 0.6m, but gradually goes up and the value is 'substantial' as the lease runs out. But that value is for the building. It isn't for the land.
The total build cost was £115,729,000. Total CCFC cost was £1,758,000. So our club paid about 1.5% of the cost and got a 50% share in ACL. And most of the value is in the ACL lease. Our club did well from the deal......until they sold their share