Open Letter to Supporters

Discussion in 'Coventry City General Chat' started by skybluebeduff, Dec 6, 2018 at 12:04 PM.

  1. clint van damme

    clint van damme Well-Known Member

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    And I bet you don't get Geordies trying to argue that it is.
     
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  2. Nick

    Nick Administrator

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    That's because Wasps want to pressure the football club. I really wouldn't be surprised if we hear rumours of takeover bids like we did last time to get some more pressure.
     
  3. chiefdave

    chiefdave Well-Known Member

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    Even if you take the emotion out of it and ignore it being a football club the fact that the local council will quite happily let a business that generates millions each year for the city just fold while they standby doing nothing in quite incredible.
     
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  4. Sky_Blue_Dreamer

    Sky_Blue_Dreamer Active Member

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    You didn't hit them - the car did. So the car should be responsible.

    According to your car analogy, my interpretation is as you were in control of the car you are responsible. Therefore whoever is in control of CCFC is responsible. That would be Dave Boddy, but he is employed by the shareholders of CCFC (SISU/Otium) and so therefore he is controlled by them as he has to fulfil their wishes or he gets fired.

    Legally, SISU and CCFC are not the same. Practically, CCFC are controlled by SISU. One of the amazing ruses capitalists have managed to wangle. Financial benefits - yep, we're in control. Accountability and responsibility - no, we're separate legal entities.
     
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  5. Sky Blue Pete

    Sky Blue Pete Well-Known Member

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    It’s different when the council are saying they won’t act to secure the city’s football club of 130 odd years history that’s just insane.
     
  6. chiefdave

    chiefdave Well-Known Member

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    I'm the same. Never went to Sixfields and didn't agree with anyone going but if we were to move next season I'd be there if at all possible.
     
  7. Nick

    Nick Administrator

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    Of course he isn't in control, SISU have "significant control" over it. He isn't the one instructing lawyers and dealing with them. Do you think if he walked out tomorrow the legal action would stop?

    The car would have no say if I purposely drove into somebody. I would be the one behind the wheel.
     
  8. Sky_Blue_Dreamer

    Sky_Blue_Dreamer Active Member

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    Go fuck yourself.

    Just because I can see things beyond my own wants and desires doesn't not make me a fan - it makes me a rounded individual. Not a groupthink sheep with clouded judgement.
     
  9. Nick

    Nick Administrator

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    Incorrect judgement judging on the stuff you are posting in this thread.
     
  10. Sky_Blue_Dreamer

    Sky_Blue_Dreamer Active Member

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    Did you read what I wrote underneath it? I specifically say they aren't the same thing. I did company law and have done company secretarial duties for a number of companies. I'm fully aware of what is and isn't the same thing.

    The point of the statement was it responded to them saying the golden share was awarded to CCFC. It wasn't. It was awarded to Otium.
     
  11. clint van damme

    clint van damme Well-Known Member

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    You're a fucking prick who doesn't come across as a supporter at all.
    When talking about your club you're not supposed to be a rounded individual, you're supposed to be emotive and passionate, especially when the club's future is at stake. Not sound like a solicitor for the council.
    And as for sticking up for the mob that uprooted a rugby club and dumped it 80 miles away, There are no words.
     
  12. Nick

    Nick Administrator

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    If you did company law, you would know that CCFC is trading name of Otium, which still isn't SISU.

    If you did company law the conversation wouldn't have gone:

    I think most on here could have told you without having to Google it.

    It's moving from "SISU are CCFC" to "SISU are linked to CCFC". Of course they fucking are.
     
  13. rob9872

    rob9872 Well-Known Member

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    I'd only go if they acknowledge it was temporary and there was a plan already in place to return to the City, whether that be a new stadium or a long term tenancy at the Ricoh that simply couldn't have been concluded in time, but if its a move that ultimately has no end game and remains in danger of either folding or being permanently relocated ala MK Dons, then not a chance I'd travel.
     
  14. Nick

    Nick Administrator

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    If it was permanent I'd have to look at where it was. I wouldn't be fixated on an invisible line set by the council but then I wouldn't go to Sixfields if it was a permanent move.
     
  15. oldskyblue58

    oldskyblue58 CCFC Finance Director

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    Personally I think that is a good letter from the club. It clearly puts there case and illustrates how concerned the day to day operation is . One of the best statements I have seen from the club

    It won't fall on deaf ears but I doubt it will change things. Certainly the support seems as split as ever no real consensus other than a growing sense of panic.

    From what I understand the 4 year time period was what Sisu signed the club up to because that was what they wanted. Citing the fabled stadium build as to why which tied in with EFL requirements. That agreement is ending but can Ccfc hold its well being as everyone else's fault for ever more and demand the safety of the ricoh for ever more without properly committing to it fully long term? If EFL wants 10 year agreements why not that as an initial rental if the intention has always been to stay there. The reason being I suspect was SISU using our club as a tool in their strategy to gain the stadium for its investors, as it stands a high risk gamble coming home to roost on the one thing we all love .... ccfc

    Sisu are emphatically not Ccfc and are not one and the same, never have been. Yes Sisu control otium which is for all intents and purposes the club. Ccfc is not a legal entity to the fans, it's emotional, it's memories, it's a belonging its cultural...... but none of that actually gets this settled because it is about legal entities. The basic fact is Ccfc is not a legal entity at all, it is a trading name of a legal entity ..... It doesn't even own the legal right to be called Ccfc!

    Yes you can control a car and be personally responsible for a crash.... that's factual but only part right. A car is not a separate legal entity, it has no rights or liabilities in law the driver (controller) does.. A company however is a separate legal entity, it has standing, rights and liabilities in law . It can be under control of another but it is legally responsible for its actions or the actions of its employees or owners.. It is only a legal entity that can bring a legal action. The JR2 is a legal action. It is brought by otium which legally is the assets and liabilities ( tangible or otherwise) of Ccfc. That's the problem there is no legal distinction between the club and the legal entity otium..

    Otium are one of the entities taken action against CCC and wasps. Morals emotions etc don't count it is as always the legals. Ccfc can not sign an agreement, otium can but it would need the involvement of the owner to approve.... I believe a land deal needs to be approved by company shareholders nowadays

    Leaving aside the reliance on the 2014 statements (doubt they stand up contractually and never did) are wasps entitled to say enough of this? If we accept that legally Sisu are entitled take these actions, legally speaking are wasps not entitled to assess the situation to decide what is best for their business and say no talk until no legal. We as Ccfc fans don't like it but they are running their club or business not ours.

    That's the thing in the statement. It is the prime responsibility of the owners, shareholders and directors to do what is best for the club, for otium and thereby ccfc. Think it is pretty clear to everyone that this is about what is best in their eyes for Sisu and its investors. Their actions are not about Ccfc or otium at all. Yes wasps have general duties around the well being of business partners...... but from their point of view and of others they can argue Sisu are damaging the club themselves.

    But back to the statement. I like it. It shows leadership. It shows clear thought in setting the case out. It says we want to talk properly. It is professional. It is the start I wanted to see. Got to follow it up.

    Wasps won't consider talks until march. They have no reason to from their point of view. But at least some pressure is being put on them.

    Bloody awful mess really
     
    Last edited: Dec 6, 2018 at 5:03 PM
  16. rob9872

    rob9872 Well-Known Member

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    Yes - I've seen people saying that the Brandon site was not an option because it's not in the city boundaries. I think that's unrealistic with limited sites available and I'd be quite happy if we owned a stadium somewhere like there.
     
  17. Sky Blue Pete

    Sky Blue Pete Well-Known Member

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    I wouldn’t and there wouldn’t be more than 1000 hardcore
     
  18. Sky_Blue_Dreamer

    Sky_Blue_Dreamer Active Member

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    https://document-api-images-prod.s3...a9d23c7352c2e6c64b6667b424d73b7d1fbc1ddb3802e

    So going back to the car analogy of who has control? There it is - in black and white.
     
  19. Sky Blue Pete

    Sky Blue Pete Well-Known Member

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    You are kidding. What would make you trust a word
     
  20. rob9872

    rob9872 Well-Known Member

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    It's not about trusting a word - I didn't trust them last time and still don't. I'm referring to an evidenced plan of intent that we have purchased land , submitted plans and ready to start building or of a binding long term lease agreement on the Ricoh that has been signed and showing only a temporary relocation.
     
  21. fernandopartridge

    fernandopartridge Well-Known Member

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  22. Nick

    Nick Administrator

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  23. ccfctommy

    ccfctommy Well-Known Member

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    No. Look at the honour page on their website. They cannot legally claim it.
     
  24. HuckerbyDublinWhelan

    HuckerbyDublinWhelan Well-Known Member

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    Yes Otium are the investment vehicle for Coventry City. The original owner of the share was CCFC Ltd.

    It was a transfer of assets which had to be clarified by the Football League - usually in Football Admin an example would CCFC Ltd would still exist if that makes sense and therefore retain the share
     
  25. clint van damme

    clint van damme Well-Known Member

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    The thing about all this that seems to be escaping some people's notice is that sisu don't give a fuck about CCFC, about the city of Coventry or it's people. They don't care one iota what people think about them
    Wasps do, or at least have to appear to. Their plan can't work without the goodwill of the people of Coventry.
    That is why it needs to be made blatantly clear to them that any action they take which is detrimental to the football club will not go down well in the city.
    That may be unfair, it may be letting sisu off the hook. I couldn't care to be honest as I hate the pair of them. All I want is for the football club to a) survive and b) have a future.
     
  26. ccfcway

    ccfcway Well-Known Member

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    Some would blame the council for the pot holes which you swerved to avoid or a wasp for landing on the empty car after the mess you left behind, others would blame your Parents as they own you
     
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  27. Sky_Blue_Dreamer

    Sky_Blue_Dreamer Active Member

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    Just a question to those who said they couldn't support a 'new' Coventry City if it went under - why do you support this club after Coventry City Football Club Ltd was liquidated and dissolved? Legally, Coventry City as you knew it went out of business at that point and somebody else just acquired the assets/liabilites (inc the history) and carried on. Because spiritually it's still the same thing.
     
  28. Sky Blue Pete

    Sky Blue Pete Well-Known Member

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    It’s not and you know it’s not and we are not there yet. Pull together and support the club we have in their need for a new deal
     
  29. Nick

    Nick Administrator

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    The point about the council conditions is that surely they are irrelevant, made up and just to appease and even mislead councillors at the time? If they really meant it there would be a clause in there to say ccfc should play there forever, rent set at a normal rent (so neither side could milk it).

    Most people can see it's sisu driving the legal action, both wasps and the council know this full well and will no doubt have discussed it directly with the people who do it on the day to day basis. Just because they are saying it's otium they will know full well they have no say in it.

    I saw a good point earlier, at what point can people blackmail into dropping legal action so openly? Is it because it isn't a criminal case they can?

    I don't think anybody (bar maybe 1 or 2) would genuinely think that sisu are doing the best for the club. I don't think any party in this mess for years has.
     
  30. Nick

    Nick Administrator

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    Because it's still the same club? It's not an afc Wimbledon
     
  31. Sky_Blue_Dreamer

    Sky_Blue_Dreamer Active Member

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    I agree with this. It is exactly the game I believe our owners are playing. They can rely on the partisan blinkered support of Coventry City fans due to the hsitory of the club and the fan base. Wasps can't, and they can't afford to lose any potential fans (or present ones who follow both Wasps and CCFC) by being part of a process that could see the football club fail.

    It's like a robber taking their own kid hostage and threatening to shoot them unless you do want they want. If anything happens to the kid it'll be your fault for not meeting the demands, not theirs for actually shooting the kid.
     
  32. Nick

    Nick Administrator

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    Apart from wasps would be shooting the child hostage target than the parent and joining in with digs

    If they shoot sisu without the kid, fair play to them. I'd applaud it

    You don't get armed police shooting the kid between the eyes thinking the parents would be damaged by it in that position.
     
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  33. Grendel

    Grendel Well-Known Member

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    Well done for your as ever excellent contribution to the discussion
     
  34. oldskyblue58

    oldskyblue58 CCFC Finance Director

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    But there isn't such a clause. Probably would not have got past the lawyers and are uwe sure that Sisu would have wanted it ? I certainly wouldn't recommend any client to sign a forever more agreement whatever side they were on.... the potential financial risks could be huge

    "Blackmail" goes on all the time in business in different forms. As such the problem here is that any agreement ends next summer and Ccfc have no legal rights to be at the ricoh. Wasps can simply do nothing, say they made the position clear 12 months ago and wave goodbye. I doubt they contest Sisu right to legals but legally speaking they are not doing anything wrong in saying so long as legals continue they won't talk. Be perhaps more interesting if otium removed from the legals.

    Yes they know Sisu are driving it but it is still the clubs legal entity on the court docs. They can properly and legally choose not to engage no matter who is driving it. It's their choice just as Sisu choice is to continue legals.
     
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  35. Grendel

    Grendel Well-Known Member

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    Stop being a twat
     

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