RoboCCFC90
Well-Known Member
Finally.
Do you really think that the football club will own the ricoh?? Never in a million years will it if sisu were to get there filthy hands on it. Itll be separated from the club as soon as they get their hands on it,sisu will probably charge ccfc 2 million a season in rent,infact sell it them and lets sit back and watch what happens.
Where's the quick fire sale players that everyone was expecting or us selling Leon Clarke that there was a 23 page long thread about yesterday? No where they aren't going. Sub you quoted it this morning from Greg Clarke "Years for come" was what he said about the SISU funding. This won't end, unless someone like PWKH is the catalyst for change and talks to CCC and the board members of ACL, this goes past a Football Club, CCFC needs to return to the Ricoh, whatever the cost.
Yep, there may not be any sale of players; hopefully the rest of the bomb squad can be moved on quickly and we don't need to lose them. Still time in the window though, so I wouldn't make any conclusions about them not going anywhere just yet.
Finally, even if (and it's a big if) CCC and ACL show a willingness to reasonably negotiate, that doesn't mean SISU will. "100%, no negotiation on the purchase price" is allegedly their current position on the Ricoh. No room to move there, it seems....
I'm not trying to invalidate your very reasonable position. I agree with you that stances need to be relaxed. However, that applies to both sides.
If SISU are not interested in a 50% stake in ACL, why did they negotiate a deal to buy 50% of ACL just last December?
I agree Penguin, I am not saying that SISU are exempt from this, but the tweet from Nikki Sinclaire yesterday showing that SISU are willing to meet, but the Council aren't? They all need someone to mediate a deal and bang their fookin heads together.
There isn't much i recognise about this club anymore. There is no connection with the community, the history, ex players, all of the early season traditions ruined, the question is are we dead already? The fans are the only ones left with the beating heart of the club it seems and we have polarising opinions.
If SISU had been half way reasonable, i'd probably agree Robo, but seeing as they've acted so appallingly, i find myself feeling MORE stubborn and MORE intransigent, knowing that their intention is to be so unreasonable, that we'll eventually give in.
I'm happy to volunteer, if the club can pay to fly me over
Theres 300k+ people who live in this city,most of them tax payers. Should they not have a say in what happens to the arena or is it just up to a tiny percentage or 10k football fans??
Do you really think that the football club will own the ricoh?? Never in a million years will it if sisu were to get there filthy hands on it. Itll be separated from the club as soon as they get their hands on it,sisu will probably charge ccfc 2 million a season in rent
And further to that, why was the deal scuppered? Did SISU pull out or did CCC veto the deal?
IIRC, the public statements on this issue are polar opposites.
It also isn't just up to the higgs is it?
You recall incorrectly. The deal was scuppered by the council when they stepped in with their £14 million bailout - up until that point, SISU were offering to settle the mortgage in return for a 50% stake (with CCC retaining the freehold). As for public statements, there has never been one from ACL or the Council on this issue i.e. no attempt have ever been made to dismiss SISU's version of what happened.
Dear Peter,
Somewhat better known on this forum as PWKH, I have not seen you post for a while, maybe this is due to the current situation surronding the Ricoh Arena, but as a board member of ACL and someone at the heart of this situation I ask you one thing:
Do what is right and sell a 50% stake in the Ricoh Arena too Otium Entertainment Ltd (SISU). This will not be a popular post, but the stand-off between ACL/CCC and SISU has gone on for long enough. I am not a doubter that yourself, other members of ACL and senior members of the Council, have the best interets of the people of Coventry at heart, however as I can see it there is a heavy dark cloud lingering over the City and something needs to happen to lift the spirits again.
This dark cloud is a aspect of the City that we all live for, it brings us joy, it brings us sorrow, we make friends, it keeps local business alive, people of the City in employment and most importantly different generations of the public gather all for one purpose to see the Sky Blues playing Football at the Ricoh Arena and before this at Highfield Road.
The past is complex, misleading and painful, however it only takes one person to make sure that this sorry story ends and once again the people of Coventry can support a Football Club which we all hold so dear.
People have talked about a Phoenix Club, an AFC Coventry if you will, but no one wants this without all the avenues of keeping CCFC in existence being explored.
The time for finger pointing is through can we please now have some resolution for us all.
Yes they do every Football Club needs all it's revenues it can to survive that's the reason we moved from Highfield Road, because we weren't benefitting enough and needed more.
Ah. Maybe I'm confusing it with the 'heads of terms/handshake' incident. Too many bloody negotiations and alleged deals to keep track of.
Thanks for the clarification.
Can I ask a question.....
Why is it that ACL making money is ok however for SISU to own the Ricoh and break even in the short term from month to month (not even talking about a return on their investment) is totally out of order??
never sisu are parasites with no interest in ccfc, how much more proof do you requireDear Peter,
Somewhat better known on this forum as PWKH, I have not seen you post for a while, maybe this is due to the current situation surronding the Ricoh Arena, but as a board member of ACL and someone at the heart of this situation I ask you one thing:
Do what is right and sell a 50% stake in the Ricoh Arena too Otium Entertainment Ltd (SISU). This will not be a popular post, but the stand-off between ACL/CCC and SISU has gone on for long enough. I am not a doubter that yourself, other members of ACL and senior members of the Council, have the best interets of the people of Coventry at heart, however as I can see it there is a heavy dark cloud lingering over the City and something needs to happen to lift the spirits again.
This dark cloud is a aspect of the City that we all live for, it brings us joy, it brings us sorrow, we make friends, it keeps local business alive, people of the City in employment and most importantly different generations of the public gather all for one purpose to see the Sky Blues playing Football at the Ricoh Arena and before this at Highfield Road.
The past is complex, misleading and painful, however it only takes one person to make sure that this sorry story ends and once again the people of Coventry can support a Football Club which we all hold so dear.
People have talked about a Phoenix Club, an AFC Coventry if you will, but no one wants this without all the avenues of keeping CCFC in existence being explored.
The time for finger pointing is through can we please now have some resolution for us all.
Reasonable question.
You could argue that any money ACL make is put back into the community in some way, while any money SISU (not CCFC) make is sent to the Cayman Islands.
Personally the only body in this whole mess I care about making money is CCFC.
Does it really matter? We should all be entitled to make our choices without abuse or judgment.
can I ask you to think about that bit ....... does the club need to own the stadium to have access to all its income streams ? Why not buy or earn out those income streams.
Who is it that needs to make a capital profit on the stadium? ....... wouldnt be the football club because it would never want to sell it
If the Otium owned the stadium then the first thing they would do is to put a charge over it to secure the ARVO/SISU loans so it wouldnt be used to raise external 3rd party finance (not that it should be anyway in my opinion). Would probably be covered by the new charge indicated by Company House that has been taken out against Otium already in any case.
Yes the football club needs greater income but to own the stadium no thats not necessary at all. It (outright ownership) is however the only thing SISU are after at the Ricoh
Impasse is because one side wants to buy the freehold only and the other side is only offering a tenancy right now
Reasonable question.
You could argue that any money ACL make is put back into the community in some way, while any money SISU (not CCFC) make is sent to the Cayman Islands.
Personally the only body in this whole mess I care about making money is CCFC.
Yes the football club needs greater income but to own the stadium no thats not necessary at all.
we know that but not to blood suckers shitsu, wake up !do you think any profits that the arsenal, man united, e.t.c get reinvested back into the local community?? Fuck sake arsenal have just released 20 odd players and not reinvested a single player yet -where do you think the offset of 15m - 20m in wages are going to go?? And that's not even looking at main income streams. In the owners and shareholders pockets.
Like it or not sisu are here to stay and without going over old ground too much have invested in the team since they arrived with no return at all. Have a look at the transfer history, granted not massive transfer fees but wages over a 3/4 year period have been paid - out of their pocket.
I can't see how people think they are going to take all the profit when there isn't any profits coming in..... Breaking even would be a start!!
For ccfc to move forward -and despite all the bitching and moaning on here its what everyone wants - the club and the stadium have to become one entity, surely we agree on this. Otherwise, we may as well give up now!
Can I ask a question.....
Why is it that ACL making money is ok however for SISU to own the Ricoh and break even in the short term from month to month (not even talking about a return on their investment) is totally out of order??
No one has ever had a problem with SISU breaking even or even making a profit. Ridiculous question.
Ah. Maybe I'm confusing it with the 'heads of terms/handshake' incident. Too many bloody negotiations and alleged deals to keep track of.
Thanks for the clarification.
Meanwhile, Peter Knatchbull-Hugessen, clerk to the trustees of the Alan Edward Higgs Charity, said talks had now stalled with Sisu over a deal for its 50 per cent stake in ACL. He said: “The charity has an obligation to maximise its assets and it must consider any serious offer for its stake in Arena Coventry Limited, subject to the agreement of an acceptable price and accompanying terms.
“Sisu has never provided these, and no discussions are taking place at this time.”
You recall incorrectly. The deal was scuppered by the council when they stepped in with their £14 million bailout - up until that point, SISU were offering to settle the mortgage in return for a 50% stake (with CCC retaining the freehold). As for public statements, there has never been one from ACL or the Council on this issue i.e. no attempt have ever been made to dismiss SISU's version of what happened.
we know that but not to blood suckers shitsu, wake up !
... as long as it's not a profit made by ccfc.
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