Onye Meeting London Supporters (3 Viewers)
- Thread starter ccfcway
- Start date
torchomatic
Well-Known Member
Where did the January takeover idea spring from anyway? Was that Richard Keys or did one of our "insiders" here mention it?
We'll_live_and_die
Super Moderator
It comes from Keys saying some news would come out on the 23rd December and people wanting a takeover this month in order to strengthen the squad with a hope of staying up.
skybluealan
Well-Known Member
What this means is that we are going to be relegated. Players out and no new ones in. Same old story!!
Skyblueloyal
Active Member
Meeting London Supporters ? As much as I admire them for there support of Coventry surely the first place to meet supporters of Coventry City is in Coventry.
Rickstar8701
New Member
We could buy 6/7 players but still wouldn't stay up. It's too much to do now. Anybody who thinks otherwise is stupid, you can say that your a real fan and sky blue through and through etc, we all are, but it doesn't changed the fact we need too many wins that just are not on the cards.
I've been a season ticket holder since I was 10 and I'll be a season ticket holder next year, my commitments not in question, just a realist.
I've been a season ticket holder since I was 10 and I'll be a season ticket holder next year, my commitments not in question, just a realist.
skyblueinBaku
Well-Known Member
In true Sisu style, he's probably arranged a meeting for 26th to announce that a takeover happened on 11th.
Houchens Head
Fairly well known member from Malvern
I call himm "One Eye"!! (bloody pirate!)
singers_pore
Well-Known Member
On the positive side, maybe he can't be bothered to go and he has deliberately chosen a meeting date which is after the takeover will be announced.
We can but hope.:wave:
We can but hope.:wave:
ccfcway
Well-Known Member
SISU -Can someone bring this up in London on 26th ?
Thought it would be worth starting a thread, for our London friends who are going to the meeting on 26th Jan. Just in case they needed something to talk about.
I'll start...
1st September 2011
Dear Supporter,
These have been turbulent times recently for Coventry City Football Club. I want to start by thanking all of you for your support for this Club. Despite all the changes, and challenges, you have remained committed and continue to offer fantastic support to our players on the field.
Off the field events at Coventry have sadly dominated the headlines over the last couple of months, and I want to use the closure of the latest chapter, namely the recent withdrawal of a much hypedtakeover bid, to communicate directly with you all and address a number of important issues.
First, I want to say that I fully appreciate the frustration of supporters in recent weeks, and I also understand that we at SISU are an easy target for this anger. I have read a lot recently about people wanting the 'truth' and I wish to use this letter to set out the position we are in currently, look to the future and share the vision with you.
It is widely reported that SISU have spent in the region of £30m on the day to day operations of Coventry City over the past four years, and we have not taken money out of the Club, but continue to fund the football club. Given that sum, I think it is fair to suggest that all supporters would have expected the Club to achieve much more during this time. While there are many owners in the Championship having to cover their Club's losses, we would have hoped for Coventry to have been in a stronger position than we currently are.
At SISU, we readily accept that if we had our time again a number of things would have been done differently. Not in the money that we have invested and continue to invest, but in some of the decisions made and with whom we chose in the past to partner with. We have also been too distant, so when the relationship broke down with former executives, we have not been able to put our side of the story. We like to empower the management teams to run operations and do not take an active public role. It is clear that this business style does not work in football. Since March the agenda should have been set by the Club and owner, building bridges with our supporters and other stakeholders in the City. Unfortunately our distance has allowed others to promote their own disruptive cause, damaging the Club as a consequence. This has also undermined the good work done by the new management team to recover from past losses.
The position of SISU is absolutely clear. We are not looking to sell but have said that we would speak with any credible investors looking to be part of a partnership with us.Talks continue on a regular basis but no truly credible party has come to the fore so far.Let me also be clear that a lot of time has been wasted by having to deal with people and parties who have promised much in public, but have delivered absolutely nothing.
The new Board has been tasked with improving all aspects of the Club's operations. Many improvements have been made, although most of these are not of a headline grabbing nature. I fully appreciate that what matters to supporters is investment on the field.Those who were previously directly responsible for our football transfer policy left the Club in a difficult situation with 11 players out of contract in June leaving us to inherit a dangerously depleted squad of players.We want to see major improvements on and off the field, but like many of our competitors we are operating within a more practical and long term budgetary structure than in recent years. Money has been available for the club to spend this summer, and I am delighted that as well as goalkeepers Joe Murphy and Chris Dunn, Cody McDonald, a striker, was signed yesterday. We will hopefully also be successful in attracting some loan players later this month to help Andy Thorn.Also, despite a number of approaches, we have declined substantial offers for Lukas Jutkewicz and, as widely reported, other players, in order to maintain our commitment to compete at this level.
A working capital facility has been made available to the Club to support it through the final stage of the turnaround plan and major improvements and innovative ideas are expected in the coming months. Coventry City is the anchor tenant at the Ricoh Arena and it should have at least a partial stake in the ownership of the stadium where we play; everything possible shall be done moving forward to reach the right solution.
A football club should be a leading light within a community, a vehicle for bringing people together and promoting a City.Personally, I have enjoyed some fantastic days at the Ricoh Arena over the past four years.
In the coming weeks and months I shall communicate further with supporters and outline a wider vision for the club. This season though is one of transition, as we move towards a Club that is unified from the top down, both on and off the field of play. I and the rest of the Board understand that there is a lot of frustration right now and lots of work has to be done to clear this, so let me finish by reiterating that we are committed to getting it right for the Club for the long term.
Kind regards,
Onye Igwe
SISU Capital Private Equity
....................................
I'll start...
1st September 2011
Dear Supporter,
These have been turbulent times recently for Coventry City Football Club. I want to start by thanking all of you for your support for this Club. Despite all the changes, and challenges, you have remained committed and continue to offer fantastic support to our players on the field.
Off the field events at Coventry have sadly dominated the headlines over the last couple of months, and I want to use the closure of the latest chapter, namely the recent withdrawal of a much hypedtakeover bid, to communicate directly with you all and address a number of important issues.
First, I want to say that I fully appreciate the frustration of supporters in recent weeks, and I also understand that we at SISU are an easy target for this anger. I have read a lot recently about people wanting the 'truth' and I wish to use this letter to set out the position we are in currently, look to the future and share the vision with you.
It is widely reported that SISU have spent in the region of £30m on the day to day operations of Coventry City over the past four years, and we have not taken money out of the Club, but continue to fund the football club. Given that sum, I think it is fair to suggest that all supporters would have expected the Club to achieve much more during this time. While there are many owners in the Championship having to cover their Club's losses, we would have hoped for Coventry to have been in a stronger position than we currently are.
At SISU, we readily accept that if we had our time again a number of things would have been done differently. Not in the money that we have invested and continue to invest, but in some of the decisions made and with whom we chose in the past to partner with. We have also been too distant, so when the relationship broke down with former executives, we have not been able to put our side of the story. We like to empower the management teams to run operations and do not take an active public role. It is clear that this business style does not work in football. Since March the agenda should have been set by the Club and owner, building bridges with our supporters and other stakeholders in the City. Unfortunately our distance has allowed others to promote their own disruptive cause, damaging the Club as a consequence. This has also undermined the good work done by the new management team to recover from past losses.
The position of SISU is absolutely clear. We are not looking to sell but have said that we would speak with any credible investors looking to be part of a partnership with us.Talks continue on a regular basis but no truly credible party has come to the fore so far.Let me also be clear that a lot of time has been wasted by having to deal with people and parties who have promised much in public, but have delivered absolutely nothing.
The new Board has been tasked with improving all aspects of the Club's operations. Many improvements have been made, although most of these are not of a headline grabbing nature. I fully appreciate that what matters to supporters is investment on the field.Those who were previously directly responsible for our football transfer policy left the Club in a difficult situation with 11 players out of contract in June leaving us to inherit a dangerously depleted squad of players.We want to see major improvements on and off the field, but like many of our competitors we are operating within a more practical and long term budgetary structure than in recent years. Money has been available for the club to spend this summer, and I am delighted that as well as goalkeepers Joe Murphy and Chris Dunn, Cody McDonald, a striker, was signed yesterday. We will hopefully also be successful in attracting some loan players later this month to help Andy Thorn.Also, despite a number of approaches, we have declined substantial offers for Lukas Jutkewicz and, as widely reported, other players, in order to maintain our commitment to compete at this level.
A working capital facility has been made available to the Club to support it through the final stage of the turnaround plan and major improvements and innovative ideas are expected in the coming months. Coventry City is the anchor tenant at the Ricoh Arena and it should have at least a partial stake in the ownership of the stadium where we play; everything possible shall be done moving forward to reach the right solution.
A football club should be a leading light within a community, a vehicle for bringing people together and promoting a City.Personally, I have enjoyed some fantastic days at the Ricoh Arena over the past four years.
In the coming weeks and months I shall communicate further with supporters and outline a wider vision for the club. This season though is one of transition, as we move towards a Club that is unified from the top down, both on and off the field of play. I and the rest of the Board understand that there is a lot of frustration right now and lots of work has to be done to clear this, so let me finish by reiterating that we are committed to getting it right for the Club for the long term.
Kind regards,
Onye Igwe
SISU Capital Private Equity
....................................
Skybluedar
New Member
Should most definitely be thrown in front of Onye with those points highlighted as above...
Skybluedar
New Member
He said they were going to be honest and open going forward, it didn't happen. He knows that we don't want to know anymore. I can't wait to hear how heated that gets. Are CWR going to broadcast from it does anyone know?
Houchens Head
Fairly well known member from Malvern
One Eye won't even have the decency to talk to any fans direct!
Grendel
Well-Known Member
He'll get stuck in traffic -- he won't be there.
MatthewWallis
Well-Known Member
There was innovative ideas, Brody's text to sub!!!
Brighton Sky Blue
Well-Known Member
Brighton Sky Blue
Well-Known Member
I'd say Brody questions are going to be pretty much an irrelevance with him no longer on the board. I'd expect Igwe to use AT as a bit of a shield for flak if things get too heated-assuming he shows up at all...but sure, we'll do our best
Brighton Sky Blue
Well-Known Member
My point was more that as those quotes were attributed to Brody, it will be easy for both Fisher and Igwe to wash their hands of fielding questions about them-fair point though, we have an opportunity to force out some more concrete answers at this meeting and it won't go to waste hopefully!
:blue:
sky blue zam
Member
anyone know where this is taking place?y
skybluedan
Well-Known Member
I call himm "One Eye"!! (bloody pirate!)
I thought he was the gut who sings on the natwest advert
I'mARealWizard
New Member
How did it go?
ajsccfc
Well-Known Member
We'll_live_and_die
Super Moderator
It doesn't happen until Thursday. :facepalm:
I'mARealWizard
New Member
We'll_live_and_die
Super Moderator
I've been away for 2 weeks, so I wasn't aware of this information...
I smell Billy.....ref page 1, post 1 of this thread. Silly boy.