Sky Blue Pete
Well-Known Member
Good read.
I agree with his conclusion
Kcic
I agree with his conclusion
Kcic
Les reid's ct article (1 Viewer)
- Thread starter Sky Blue Pete
- Start date
torchomatic
Well-Known Member
Which is? Shtizu out! Or did he use the alternative Shitsu out? Maybe Joy Diversion was used.
Sky Blue Pete
Well-Known Member
No very measured. Don't really like his input normally. I still think we won't move forward with sisu as owners but kcic is the most important issue for our club. CCc tried a heist to get someone in and failed. It's now deal or disappear time
torchomatic
Well-Known Member
Yeah, good article, that.
One of the most depressing aspects of the entire saga has been the attempt by some fans to brand as "biased" or "pro-Sisu" anyone who sees this as a multi-faceted dispute in which all parties must be challenged.
One of the most depressing aspects of the entire saga has been the attempt by some fans to brand as "biased" or "pro-Sisu" anyone who sees this as a multi-faceted dispute in which all parties must be challenged.
L
longjohnskyblue
Guest
Unbelievable! Is the fortitude of the fans so feeble that all it takes is for the club to have 4 games and all of a sudden sisu all is forgiven?
So much for giving 2 figs to the long term well being of the club! Would the clamour for sisu to own the club be there if city had a poor start to the season? I doubt it very much!
Sisu are benefitting from the form of the academy - not from anything they have done!
So much for giving 2 figs to the long term well being of the club! Would the clamour for sisu to own the club be there if city had a poor start to the season? I doubt it very much!
Sisu are benefitting from the form of the academy - not from anything they have done!
Well written, well thought through and challenging to reader and to all parties concerned.
Having read the whole thing with an open mind and leaving my prejudices and partisan feelings aside...I agree with him.
'That was then...this is now' - can be extended to 'it's NOW or never'
I have a horrible feeling if annimosities are not put aside and pride duly swallowed in order to do some sort of deal now...then we aint seen nothing yet in terms of the wheels coming off for all parties to the detriment of the club we all love (irrespective of our views).
DO A DEAL.
Having read the whole thing with an open mind and leaving my prejudices and partisan feelings aside...I agree with him.
'That was then...this is now' - can be extended to 'it's NOW or never'
I have a horrible feeling if annimosities are not put aside and pride duly swallowed in order to do some sort of deal now...then we aint seen nothing yet in terms of the wheels coming off for all parties to the detriment of the club we all love (irrespective of our views).
DO A DEAL.
rightumpty
New Member
Quite agree Pete, he has done more investigation into this situation than anyone. Unfortunately nothing changes and I for one wouldn't return while SISU have anything to do with Coventry City. I wish I could see any reason to believe that there is a remote possibility of them leaving, or that I could see why on earth they are here!!! Even with improvement on the pitch, the future for our club looks very bleak.
davebart
Active Member
His argument appears to be that SISU are more powerful than the council. SISU can ride it out until they get their own way but the council can't.
So the council gives SISU what they wanted all along.
He completely ignores the fact the council can get out of professional football altogether by redeveloping the stadium.
Sky Blue Pete
Well-Known Member
The way I see it - (note the way 'I' see it - not everyone's view I'm sure), SISU/Otium aren't going anywhere soon. They obviously have the ability to absorb considerable losses for the foreseeable future.
The only way SISU etal will go is if they sell and recoup some of their investment.
No -one in their right frame of mind would buy CCFC playing at N'ton with no presence in Cov, most definately not at the kind of money SISU etal would need to recoup/sell at.
So...if differences are put aside and the club returns to the The Ricoh and have some form of share (% arguable) in the stadium all of a sudden the club becomes a much more 'sellable' asset to third parties at arms length.
As Les states - this may well be the quickest 'exit stage left' chance SISU etal my have - medium term.
In light of thinking this way - this is the justification I give myself to not going to N'ton, but would go to the Ricoh even if SISU were in control - the knowledge that there may soon be a chance they could realistically sell the club as a going concern.
I maybe naive - but I just want to see my team play at home again in the City of my birth...and pray for the day new owners come along.
The only way SISU etal will go is if they sell and recoup some of their investment.
No -one in their right frame of mind would buy CCFC playing at N'ton with no presence in Cov, most definately not at the kind of money SISU etal would need to recoup/sell at.
So...if differences are put aside and the club returns to the The Ricoh and have some form of share (% arguable) in the stadium all of a sudden the club becomes a much more 'sellable' asset to third parties at arms length.
As Les states - this may well be the quickest 'exit stage left' chance SISU etal my have - medium term.
In light of thinking this way - this is the justification I give myself to not going to N'ton, but would go to the Ricoh even if SISU were in control - the knowledge that there may soon be a chance they could realistically sell the club as a going concern.
I maybe naive - but I just want to see my team play at home again in the City of my birth...and pray for the day new owners come along.
singers_pore
Well-Known Member
"If all parties genuinely want the Sky Blues back at the Ricoh, it is becoming increasingly accepted that the best way of ensuring it happens soon is to sell the stadium to Otium/Sisu."
I think this tells us everything we need to know about the impartiality of Les Reid. A lowly paid journalist of no intellectual capacity.
I think this tells us everything we need to know about the impartiality of Les Reid. A lowly paid journalist of no intellectual capacity.
oldskyblue58
CCFC Finance Director
Just a small problem with selling the freehold to CCFC/SISU - ACL still have a lease on it for the next 40 years and with it the rights to income. So just doing a deal on the freehold is not going to do it.
Not to mention that to get the rights to income the club needs you dont actually need to buy the freehold - you need to buy IEC Experience limited
I think people get the needs of the club slightly confused with the needs of the owners two very different things/needs
Not to mention that to get the rights to income the club needs you dont actually need to buy the freehold - you need to buy IEC Experience limited
I think people get the needs of the club slightly confused with the needs of the owners two very different things/needs
Last edited:
torchomatic
Well-Known Member
Yes - which is why ACL should be sold to ccfc. If sisu want the freehold they can buy that later when everybody are friends again.
oldskyblue58
CCFC Finance Director
That would seem to imply that the deal needs to be fair on all sides to be accepted with no lasting ill will - would it be? Could it be?
thaiskyblue
New Member
will sisu come up with the readies at the market price ?
oldskyblue58
CCFC Finance Director
assuming that CCFC could buy into the income streams of the site - not just from football - why does the club need the freehold?
If it had a low rental long lease and ownership of IEC is the freehold necessary for the club?
the owners are here long term we are told and lets be honest most people would gloss over the dispute if the team was successful. Isnt what the club needs, the income streams?
The reason that makes the freehold absolutely essential for the club above all else is ?
If it had a low rental long lease and ownership of IEC is the freehold necessary for the club?
the owners are here long term we are told and lets be honest most people would gloss over the dispute if the team was successful. Isnt what the club needs, the income streams?
The reason that makes the freehold absolutely essential for the club above all else is ?
oldskyblue58
CCFC Finance Director
It appears the overwhelming public opinion in Coventry is that all sides must come together to "sort it out" - for the good of club and city.
he also goes on to say SISU/Otium must/should own the Ricoh ............ why must/should they ?
I think the overwhelming feeling is that city fans want their team back in Coventry - they dont care so much how but just do it.
letsallsingtogether
Well-Known Member
NO they should be given it for free if some on the posters on here had there way, after all look at all the good they have done for our Club 
QUOTE=thaiskyblue;552994]will sisu come up with the readies at the market price ?[/QUOTE]
QUOTE=thaiskyblue;552994]will sisu come up with the readies at the market price ?[/QUOTE]
And why cant SISU sell CCFC to ACL and anyway who are CCFC are we not otium now cause they bought CCFC out of admin
SIR ERNIE
Well-Known Member
Totally agree with that.
The club needs a stadium the size of the Ricoh at the lowest possible rental figure. No way does it need to own it.
SISU need/want the freehold to sell on and earn a fat profit.
Don't overlook the fact however that a successful club is also very important to SISU. Theoretically they are only 20 months away from a £90m payday. Unlikely admittedly but still possible if everything were to fall into place. That sort of payout could dwarf anything they could expect to realise elsewhere.
SISU, much as I despise their actions, genuinely do have a vested interest in owning a successful football club.
Shame they don't chose to be more open and transparent instead of leaving everyone to guess their motives.
I totally agree - the club does not need to own the freehold, it needs the income streams. The more the better.
But if sisu want to make money from owning the freehold and build a hotel and what more - I really don't see why they can't be allowed to buy that. As long as the lease is cheap and very long.
We are still CCFC - Coventry City Football Club. Now owned by sisu managed company Otium under the SBS&L umbrella.
ACL do not have the money to buy the club.
italiahorse
Well-Known Member
If we talk about CCC at some point just agreeing to a loss ... could they not just give it to CCFC (The Team).
Tie it in somehow that whoever owns the Team gets the Stadium, but also tie it in that it cannot be sold off only handed back to CCC.
Tie it in somehow that whoever owns the Team gets the Stadium, but also tie it in that it cannot be sold off only handed back to CCC.
thaiskyblue
New Member
[/QUOTE]NO they should be given it for free if some on the posters on here had there way, after all look at all the good they have done for our Club
QUOTE=thaiskyblue;552994]will sisu come up with the readies at the market price ?
clever.
GaryPendrysEyes
Well-Known Member
It is utterly bizarre that The Telegraph were (are?) calling for Sisu Out for moving us to Northants; and then their Political Editor comes out and says sell the Ricoh to Sisu!!...
Les Reid has clearly been in the pro-Sisu camp (along with Nkki Sinclaire and a clique of twitter headbangers) for some time. I think he is way out of touch.
The alternative most want is Sisu to sell up, get out-- get in a professional business and start afresh.
Les Reid has clearly been in the pro-Sisu camp (along with Nkki Sinclaire and a clique of twitter headbangers) for some time. I think he is way out of touch.
The alternative most want is Sisu to sell up, get out-- get in a professional business and start afresh.
One of the most depressing aspects of the entire saga has been the attempt by some fans to brand as "biased" or "pro-Sisu" anyone who sees this as a multi-faceted dispute in which all parties must be challenged. The accusation comes from some involved in the "Not One Penny More" campaign - which remains a "Let's Starve Sisu Out" campaign, despite its recently stated preference for the more conciliatory name, "Keep Cov in Cov"
fernandopartridge
Well-Known Member
It's funny how somebody who has conversed with individuals involved on all sides and had access to documents not many of us on here has, can be branded "out of touch".
If he's "out of touch" with the general level of lunacy on here he's probably doing alright.
Yeah but he's just a "lowly paid journalist of no intellectual capacity" unlike all the particle physicists on this site.
torchomatic
Well-Known Member
So what did you make of all the confidential documents from both sides when you had chance to study and digest them? Do tell.
SkyBlueScottie
Well-Known Member
What would they do with it?
GaryPendrysEyes
Well-Known Member
English comprehension not your strong point? 'Out of touch' with the views of Cov fans and the people of Coventry. You know like the ones who marched, signed petitons and arent going to Sixfields.