Geoffrey Robinson suggested Mediation/arbitration as the way forward many weeks ago whereby companies in dispute appoint a 3rd party that they are all happy with and the companies in dispute abide by the decision made as this type of complete breakdown between parties happens every week in the business world
Even it was only one factor of 'playing at the Ricoh' could be saved if all parties agreed on this principal to abide by the decision of the company appointed on how much rent is payable
The side that did not agree to signing up in the first place would surely be the guilty party in all of this as they would plainly be seen by all as the culprits to issues not being resolved
Wouldn't surprise me.
Mediation only works if both parties come to the table in good faith where they just can't agree on an issue without loads of other agenda and I'm not sure that is the case here.
The basic stance from SISU seems to be we will do what we want to do and get what we want to get. In negotiations so far there only seems to have been one party that has been willing to give much ground.
In such circumstances mediation/arbitration is extremely unlikely to work unfortunately.
have you heard anything your end about a ground share?
Isn't that what a judge is for ?
No, absolutely nothing. Whilst not impossible I suspect it is highly unlikely to be with us for a whole host of reasons. For a start you've been offered a rent of £400k at the Ricoh which is less than ours so I assume you'd want to pay even less which would be politically difficult when our club has only presently come out of major conflict with fans around ground ownership, rent and freedom of speech. They are now starting to get fans onside with a whole new philosophy and would risk all of this.
We also have a reputation of managing the finance of our club within all regs both legal and football regs and for doing business the right way and so probably would not want to get embroiled in the goings on down there.quote
No disrespect as you finished ahead of us and finished well ,but Commercially this Idea is Hairbrained from our Clubs point of View.We are Competitors and would Ceed advantage to you over both matches and then compound it by giving your club a financial advantage over our own ,who's ever heard such a thing ??
No, absolutely nothing. Whilst not impossible I suspect it is highly unlikely to be with us for a whole host of reasons. For a start you've been offered a rent of £400k at the Ricoh which is less than ours so I assume you'd want to pay even less which would be politically difficult when our club has only presently come out of major conflict with fans around ground ownership, rent and freedom of speech. They are now starting to get fans onside with a whole new philosophy and would risk all of this.
We also have a reputation of managing the finance of our club within all regs both legal and football regs and for doing business the right way and so probably would not want to get embroiled in the goings on down there.quote
No disrespect as you finished ahead of us and finished well ,but Commercially this Idea is Hairbrained from our Clubs point of View.We are Competitors and would Ceed advantage to you over both matches and then compound it by giving your club a financial advantage over our own ,who's ever heard such a thing ??
I agree. Coventry City belongs in Coventry and should only make a temporarily move if there is no real choice. That's clearly not the case here given that you've been offered a vastly reduced rent to what you have been paying or not paying for the last year.
I understand all the arguments around club ownership and the different legal entities etc but given Holdings have been paying the bills up to now it's not really a case of can't pay for the Ricoh but won't pay. That's not an acceptable reason to move the club.
Given SISU's recent admission that they are trying to distress ACL in their court submission and the fact that the move would disadvantage the fans as a major stakeholder along with the above I believe the FL would be breaching their own regs and would become complicit in trying to distress ACL if they approved the move. Unfortunately that never stopped them before.
I will be writing to them to state this though and to tell them that it is not just Coventry fans that are keeping an eye on whether they really act for the good of the game and it's fans or become complicit in such financial shenanigans.
Might be worth you guys speaking to the FSF (Football Supporters Federation) for advice. They are a national organisation that fight for the rights of fans whilst working with the football authorities, government and police. I've dealt with them in the past and they can be a useful source of help, advice and information.
Mediation wouldn't work, the parties tried to make a deal & failed. It would be a resumptuion of same with no guarantee of a resolution.
Arbritation is the only thing that could work, as both parties have to let an independant 3rd party make a decision based upon facts & agree to abide by that decision.[/o
I'm not sure i agree. Most mediators are dual qualified as arbitrators and their as a mediator is facilitate an agreement by showing each the weaknesses in their arguments and, therefore, closing the gap to a point where agreement can be reached.
I've been involved in a couple of mediations and both went the same way. The mediator pointed out the weaknesses, told each party where he thought a judge/arbitrator would find and that made the parties move from their previously entrenched positions.
I don't want mediation or arbitration, SISU put the club into administration having loaded something like a further £25 million worth of debt against it................I just want them out and gone !! If they stay in any form can't people see that this whole fiasco will repeat again and again, they must be bought out or the club will die !
I agree with Ashdown. Now is the time to see off SISU. All the fans need to unite and boycott the home games if not played at the Ricoh. Otherwise it will be death by a thousand cuts. SISU are only after the Real Estate and using the club to leverage their aims.
SISU are only after the Real Estate and using the club to leverage their aims.
why would we need this?
sisu agreed to the deal on the table regards rent only to walk away and pretend no meetings ever took place, just like last year when they agreed to buy the share in the stadium only to disappear in to the night and never return.
sisu are a bunch of lying parasites.
hedge funds exist to squeeze assets from companies in danger...why would they give ACL any money ( whether by arbitration or normal contracts) . Take a step back and see the bigger picture. This is not about the rent at all.
So why were they allowed to take over at all if this is a universal truth?
Because we were desperate and vulnerable. Just like now, really.
Yeah but when Tim Fisher was asked by Stuart Linnell whether they would agree to be bound by the result of mediation which Tim had originally suggested as a solution, he said no. Now I know that it isn't the same as arbitration but people here don't think mediation will work, and if he won`t agree to be bound by the results any third party decides on what hope is there?The point of arbitration is to bring people together in binding agreement where trust has broken down.
Trust has broken down.
The only reason anybody would not want a neutral objective third party involved is if they felt they might lose out, surely?
Sure, there'd be a cost but got to be better than hundreds of court cases and the club leaving the city hasn't it?
Unless there was a political game afoot where people other than SISU want the club to leave the City, for their own purposes. Do people hate SISU that much they'd cut off their nose to spite their face and actually want the club to leave the city, so they could sit around and be outraged? Who would be at fault if an attempt to find a resolution is rejected? The people wanting to find a resolution, or those who reject the opportunity?
If SISU weren't going to be held to binding arbitration they'd be breaking the law so call their bluff. At the moment it's just one group's word against another's. If the group that claim SISU have reneged on agreements are telling the truth they'd be delighted for a neutral third party to also demonstrate this, surely? It'd give more evidence that this was indeed the case and not spin in an attempt to do exactly what SISU are claiming they're trying, namely put their preferred owners in control through nefarious practices.
So we should welcome them the same as we welcomed them then.
So why were they allowed to take over at all if this is a universal truth?
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