Nick
Administrator
I don't agree with him on most things but I think he was venting anger at sisu rather than you. I wouldn't take it personally.
I don't agree with him on most things but I think he was venting anger at sisu rather than you. I wouldn't take it personally.All perfectly legal and is not fraud in any terms. Moving funds around group structures thereby creating losses is legal in company law, tax law, accounting regulation etc. The transactions are disclosed in the accounts and such tactics available in any group structure. Having a go at me or my post is not going to change that
Excellent summaryThe council’s statement was pretty troubling, they genuinely seem indifferent to the fate of Coventry City and worse, doesn’t seem to acknowledge their role in this farce.
The council, politicians and owners of CCFC benefitted from the sale of Highfield Road. Which tied us to building the RICOH when we couldn’t afford it. Benefitting from an unsustainable rent deal and finally, the sale of the RICOH to Wasps. Genuine question, would the CCC even given planning permission for a new stadium in Coventry? At the height of hostilities, I’d doubt that.
The sale of the RICOH has put the long term stability of the football club at risk. Why? Precisely the position we find ourselves. The council can’t force another corporate entity to do a deal with another regardless of any ‘promises’ that ‘safeguards’ the future of Coventry City. I’m indifferent to the legal action, but, it’s pretty clear Wasps are trying to blackmail us into dropping legal action. This is fundamentally wrong, if the sale was legitimate, then the courts will show that (again). Yet the council seemingly takes the position of ‘well CCFC can end this by dropping legal action’. But then what? Coventry City is tied to a stadium it literally has no chance of ever owning. The CCC could’ve safeguarded 1/2 of the stadium for CCFC until it’s owner (SISU or whomever) proved they were ‘fit’ to buy that share.
What bothers me is that Council has hedged its bets with a hedge-fund owned London rugby club. Potentially at the expense of not just one Coventry based team, but two. Both clubs have been in the city, with its local history going back to the 19th century.
SISU won’t remain here forever, yet, when they do eventually leave, the club still has an uncertain future.
We all know SISU has been belligerent in its aims, we don’t need another voice condemning them. But, this whole farce is more than black and white, SISU ‘bad’ and CCC/ACL/Wasps ‘good’.
Who really cares? If it meant SISU fucked off into the distance and Wasps went bust it's a good outcomeIf SISU won their court case and by some amazing quirk of fate won a fortune in compensation, does anyone in their right mind think that CCFC would see any of that money ?! Do they think SISU would still try and buy the Arena........I don't, I think they'd be off at break neck speed to pastures new bleating about battering everyone in court to any future possible investors out their in the seedy world of the hedge funds. CCFC are just the political football being kicked around in the midst of all these sharks.
I don't agree with him on most things but I think he was venting anger at sisu rather than you. I wouldn't take it personally.
I really wasn't having a go at your post, I just think it disgusting how companies are allowed to do any of it legally .All perfectly legal and is not fraud in any terms. Moving funds around group structures thereby creating losses is legal in company law, tax law, accounting regulation etc. The transactions are disclosed in the accounts and such tactics available in any group structure. Having a go at me or my post is not going to change that
It's the same as being able to absolutely hammer the legal system. No 3 strikes and out. That's the law so effectively legal.I really wasn't having a go at your post, I just think it disgusting how companies are allowed to do any of it legally .
What we dont know is if we had applied for planning permission and if the council had turned it down what would the verdict of the courts been to SISU court cases have been! But there again cannot have supposition against Bullshit can we?
If CCFC want to talk a deal then Boddy need to go to the Wasps and say "if you genuinly dont see any problems with next review then our deal is give us a 4 year deal at £120K per year and CCFC will pay your court costs you have incurred as a result of SISU's appeal!" can you imagine what the courts would think knowing that was an offer and they turned it down?
If SISU won their court case and by some amazing quirk of fate won a fortune in compensation, does anyone in their right mind think that CCFC would see any of that money ?! Do they think SISU would still try and buy the Arena........I don't, I think they'd be off at break neck speed to pastures new bleating about battering everyone in court to any future possible investors out their in the seedy world of the hedge funds. CCFC are just the political football being kicked around in the midst of all these sharks.
Is that a real person? 1 follower and 30 tweets.Another:
This is why a good start would be a few statements put out to clear them all up. Get fans on the same page.
We all have to start somewhere!Is that a real person? 1 follower and 30 tweets.
Here's another one setup purely to mislead:
I was pointing out the content and what he pushes rather then the name. The same as their other accounts.That's a parody account, a lot of people hate Boddy, you will understand if you research Boddy's history.
Maybe CCFC will turn out to be Boddy's next victim.
Dave Boddy | City Banter Board
SISU will sell what we consider the football club only if that gets them a better return than breaking it up and selling individual components. Does anyone believe they would think twice about liquidating the club to maximise their return?There would be no reason for SISU to walk away in the complete sense.
Presumably they would close down the Academy, sell Ryton Training facilities, sell the players for what they could get.....
I was pointing out the content and what he pushes rather then the name. The same as their other accounts.
It's hardly set up like the Michael Doyle one is it?
I'm sure you knew that though, being well versed in that approach
You come across as being paranoid, do you think every critical voice is a member of some sort of plot?
I know but just making things clear. Not taking it to heart
Manufacturer debt balances.......in another world that would be fraud. Management charges etc......fucking bullshit ! It's fraud in all other terms.
Its a cold black one.Accountants have a heart?
I know it's Christmas but ...:emoji_santa:
Unfortunately we as fans are going to do nothing. The fan base is fractured. 4 things to get to grips with
1) SISU are going to do what’s best for SISU
2) The fans are not going to take on SISU (because nobody knows who to attack)
3) The fans won’t take on Wasps or the Council because nobody has the appetite to or no leaders (trust are too much in bed with them, or honestly believe they’ll help us)
4) letters to SISU are a waste of time - no threat credible to them
Ultimately I’ve given up, unless wasps give us a deal, which no doubt will hamstring us - we’re folding at the end of the season.
Time to just enjoy the last few months of our football team, and look forward to the fan base bickering in the fallout.
But hey, SISU will be gone hey..
...and a very merry Xmas to you too.
Council saw to that when they sold the Ricoh. Whether SISU are here or not - we’re still screwedCan you imagine the 9th biggest City in England without a professional football club?
135 years of history and tradition gone.
Makes me shudder.
Pick em off 1 by 1.To be honest I think that’s probably the right decision for now, in a fight you concentrate on the most dangerous and at the moment that is Wasps it’s they who threaten our existence with their no talks stance, I also think they are the weakest, blaming others be it Council or sisu no good concentrate on one enemy.
Its a cold black one.
Don't you dare ruin Christmas for meAnd I bet you believe in Father Christmas.
As are the comments on here.The Facebook comments are as expected though.
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