Pkh (8 Viewers)

lordsummerisle

Well-Known Member
Gosh did you really warn people that SISU was bad news at the beginning Lord? Why have you never mentioned this before?

One of the first to say that it would be a bad idea having Haskell buy Nuneaton and move them into the Ricoh as well.
 

Grendel

Well-Known Member
Sounds familiar
No investor in the world would want to buy CCFC.....

Are you seriously saying that people would use liquid cash to build property?

No one knows who made bids for the club and how valid they were.

If a hotel is needed why doesn't the council just get a hotel chain to develop anyway? What has it to do with the club?
 

Brighton Sky Blue

Well-Known Member
Are you seriously saying that people would use liquid cash to build property?

No one knows who made bids for the club and how valid they were.

If a hotel is needed why doesn't the council just get a hotel chain to develop anyway? What has it to do with the club?

We're talking about a theoretical situation where ACL is gone and the club owns the whole complex-at which point it would have everything to do with the club.
 
D

Deleted member 5849

Guest
Better go and read the PWKH Bible (book of Cross Invoicing). The shrine shuts at 11 on weekdays so have to make do.

While you're here, when is the next trust meeting?

Meant to go to this one (just so valiant could rip my face off!) but events conspired against me. As those who go to such things seem less of the face ripping off mentality however, I really ought to go to offer suggestions, even if am in the minority of one...
 

Broken Hearted Sky Blue

Well-Known Member
So you believe that someone should by the Ricoh with a huge mortgage and then as part of the deal be forced to put an even bigger mortgage on the club by building a hotel?

If a hotel is such a great idea and the idyllic location known as sunny car park C is such an obvious draw why haven't the council managed to get an existing hotel chain to build there anyway? I'm sure they could do guided tours for guests around the charming streets of Holbrooks and conclude with an idyllic lunch at the Parkgate or, if the weather permits, a longer stroll to the Convoy to sample their heute cuisine.
The infrastructure is already there it was always intended that the club build the hotel to add to the income streams at the Ricoh. The Ricoh has lost a lot of conference business because of lack of hotel rooms. it has also lost out on hotel revenue by having to book guests elsewhere. While Limited had the option to build and to benefit from these revenues if Limited is liquidated as we know it will then this option is no longer available. Grendel remember my post regarding what Mr Haskell? :thinking about:
 

Brighton Sky Blue

Well-Known Member
While you're here, when is the next trust meeting?

Meant to go to this one (just so valiant could rip my face off!) but events conspired against me. As those who go to such things seem less of the face ripping off mentality however, I really ought to go to offer suggestions, even if am in the minority of one...

The first Monday of every month I think. Will be nice to see you square off with the aptly named valiant ;)
 

Grendel

Well-Known Member
While you're here, when is the next trust meeting?

Meant to go to this one (just so valiant could rip my face off!) but events conspired against me. As those who go to such things seem less of the face ripping off mentality however, I really ought to go to offer suggestions, even if am in the minority of one...

At a telephone box near you probably. Sounds like there will be plenty if room.
 
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Deleted member 5849

Guest
The first Monday of every month I think. Will be nice to see you square off with the aptly named valiant ;)

Not high on my list of how top resolve problems, that approach;) Anyway, if the trust are reading, any chance of varying the days from Monday?!?
 

Broken Hearted Sky Blue

Well-Known Member
Originally Posted by Covcraig@bury:
Broken, this says it all. 30 people turned up for the Trusts AGM. That's what it's so called members think of them.

Having said that , instead of calling it an AGM just call it a (Protest) !

Totally Embarrassing
Dont know where you got 30 from but why should it matter to you because you dont matter to me your skin crawling?

Reply
Best read this post in full you numb twat ,before you make yourself look a bigger prick than you already are .
Hurting is it? :claping hands::claping hands::claping hands:
 

stupot07

Well-Known Member
The infrastructure is already there it was always intended that the club build the hotel to add to the income streams at the Ricoh. The Ricoh has lost a lot of conference business because of lack of hotel rooms. it has also lost out on hotel revenue by having to book guests elsewhere. While Limited had the option to build and to benefit from these revenues if Limited is liquidated as we know it will then this option is no longer available. Grendel remember my post regarding what Mr Haskell? :thinking about:

But at this point in time that is ACLs responsibility not the clubs.
 

Brighton Sky Blue

Well-Known Member
Not untill they liquidate Limited its not

Right now we have no say in how the stadium is operated-if at some point in the future we did then, and only then, is it our concern. However-any owner worth his or her salt will know that with FFP rules only getting tighter then the club needs to get all it can from the Ricoh which means buying out the council one way or another.
 

Grendel

Well-Known Member
But at this point in time that is ACLs responsibility not the clubs.

Exactly. Why not just get a hotel chain sounds like they'll be circling anyway. Why get a football club involved? ACL can borrow the money to build it. It's obviously such a moneymaker that every bank in the country will be offering a loan.

I'd imagine if someone who is on the board of the NEC is reading this forum they'll be very concerned indeed.
 

lordsummerisle

Well-Known Member
Not untill they liquidate Limited its not

It's not the clubs responsibility at all whilst it doesn't own any part of ACL to build hotels etc, liquidation of ltd will still make no difference to that.

I still don't see why it should be the responsibilty of the club 8 years down the line to build hotels if it did.
 

Brighton Sky Blue

Well-Known Member
Exactly. Why not just get a hotel chain sounds like they'll be circling anyway. Why get a football club involved? ACL can borrow the money to build it. It's obviously such a moneymaker that every bank in the country will be offering a loan.

I'd imagine if someone who is on the board of the NEC is reading this forum they'll be very concerned indeed.

If the club ever get full ownership it'll be interesting should you find your way onto the board. 'Why aspire to anything? We're a joke'
 

Broken Hearted Sky Blue

Well-Known Member
Right now we have no say in how the stadium is operated-if at some point in the future we did then, and only then, is it our concern. However-any owner worth his or her salt will know that with FFP rules only getting tighter then the club needs to get all it can from the Ricoh which means buying out the council one way or another.
Of course it does but to get maximum revenue it is obvious that youve got a prime site with investment the whole area is a gold mine why do you think Sisu want it. They dont give a damn about our football club they want the site five minutes from the M6where they can make shed loads of money Coventry City are an irrelevance to them
 

Brighton Sky Blue

Well-Known Member
Of course it does but to get maximum revenue it is obvious that youve got a prime site with investment the whole area is a gold mine why do you think Sisu want it. They dont give a damn about our football club they want the site five minutes from the M6where they can make shed loads of money Coventry City are an irrelevance to them

Ultimately few owners are going to buy us because they love the club-they will do it as a vehicle to securing a potentially lucrative stadium. I can tolerate that as long as the club benefits as a direct consequence.
 

Grendel

Well-Known Member
Of course it does but to get maximum revenue it is obvious that youve got a prime site with investment the whole area is a gold mine why do you think Sisu want it. They dont give a damn about our football club they want the site five minutes from the M6where they can make shed loads of money Coventry City are an irrelevance to them

So if its a gold mine what are ACL waiting for -- get a loan and get a developer in. Why do they need a football club to help out? Are you saying that they are not maximizing revenue for shareholders?
 

lordsummerisle

Well-Known Member
Of course it does but to get maximum revenue it is obvious that youve got a prime site with investment the whole area is a gold mine why do you think Sisu want it. They dont give a damn about our football club they want the site five minutes from the M6where they can make shed loads of money Coventry City are an irrelevance to them

Don't disagree, but why make it a pre-requisite for any owner of the club who wishes to buy the Higgs share that they have to develop the local area?

It's just making the club a way in to access the rest without the club being the main interest.
 

Brighton Sky Blue

Well-Known Member
So if its a gold mine what are ACL waiting for -- get a loan and get a developer in. Why do they need a football club to help out? Are you saying that they are not maximizing revenue for shareholders?

Maybe they are lining one up as we speak-we don't know. Anyway-if the club gets full ownership, surely that in itself can only be a good thing?
 

Brighton Sky Blue

Well-Known Member
Don't disagree, but why make it a pre-requisite for any owner of the club who wishes to buy the Higgs share that they have to develop the local area?

It's just making the club a way in to access the rest without the club being the main interest.

I suppose it's because the charity has to justify their decision to sell it to their stakeholders and as the charity's prime aim is to help the regeneration and reinvigoration of Coventry then owners who will continue to develop the Ricoh to the benefit of the local area will be top of the list.
 
D

Deleted member 5849

Guest
Don't disagree, but why make it a pre-requisite for any owner of the club who wishes to buy the Higgs share that they have to develop the local area?

It's just making the club a way in to access the rest without the club being the main interest.

It also smacks of council having an agenda and using the club as its battering ram to get regeneration of an area (surely a council's responsibility) done. There are of course no guarantees (the Leofric shows that!) and there's always the risk any regeneration and its costs drags the club down (history of both our own and other clubs shows that!)

A radical thought would be to move the training grounds to the land around the Ricoh surely, have football around a football club!
 

Grendel

Well-Known Member
Maybe they are lining one up as we speak-we don't know. Anyway-if the club gets full ownership, surely that in itself can only be a good thing?

They are not near full ownership and still no one answers the question -- if the investment is as good as is claimed -- why was it not done by ACL anyway? Money borrowing is cheap and apparently the returns are huge.
 

Nonleagueherewecome

Well-Known Member
One of the first to say that it would be a bad idea having Haskell buy Nuneaton and move them into the Ricoh as well.

You do play that record to death. I hated SISU from day one, only I still do ;)
 

Brighton Sky Blue

Well-Known Member
They are not near full ownership and still no one answers the question -- if the investment is as good as is claimed -- why was it not done by ACL anyway? Money borrowing is cheap and apparently the returns are huge.

Maybe because of the lengthy loan only recently taken off the Yorkshire Bank which made further borrowing inadvisable? All we can really do is speculate.
 

Brighton Sky Blue

Well-Known Member
It also smacks of council having an agenda and using the club as its battering ram to get regeneration of an area (surely a council's responsibility) done. There are of course no guarantees (the Leofric shows that!) and there's always the risk any regeneration and its costs drags the club down (history of both our own and other clubs shows that!)

A radical thought would be to move the training grounds to the land around the Ricoh surely, have football around a football club!

I'd just like us to build a train station for starters.
 

Nonleagueherewecome

Well-Known Member
Again, utterly redundant.

Just because the current lot are crap, doesn't mean I wish a different kind of crap on my club.

May as well bring back the McGinnity and Robinson dream boards if so!

You made the point about the important thing about our owners is that they are good at running a football club. I pointed out that our present owners are not. Sounds pretty relevant to me! Who knows, maybe we could have owners that are capable of fulfilling the arena's potential and good at running a football club? Because they aren't mutually exclusive-and it's exactly what we need. SISU are as far away from matching the specification as it is possible to get.
 

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