preferred bidder is sisu (3 Viewers)

[Evo1883]

iTs as if somebody has just knocked the last bit of wind i had left out of me ,im done , im no longer going to watch ccfc home or away , i will no longer listen to the club on the radio either ,why what for ,to listen to our club drop even further ,to new lows we have never seen ,To watch a team owned by people who have ZERO vested interest in the club ,they are just pleased they have got one over on ACL ,their pride in intact yet us as fans can carry on being miserable as fuck and have absolutely nothing to cheer about again today and for the few years to come .
RIP CCFC FUCK YOU SISU you are a disgrace along with the other leeches who had a helping hand in destroying this great club.
IM done

 

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[@richh87]

Didn't Fisher say that their offer included paying off all 3rd party creditors in full?

Really? Maybe I'm wrong there. Seems strange that they pay them off in full though. Maybe it's to stop any legal challenges from creditors feeling short changed and conned.

 

[theferret]

What rumours are circulating in relation to Compass?

Was told something is total confidence yesterday, which I can't repeat. Put it this way though, if the club do leave the Ricoh, the shit is going to hit the fan (for ACL).

Just hope some common sense prevails.

 

[DazzleTommyDazzle]

Can't wait for the phone call to ask if I'll be renewing my season tickets.......

 

[SkyBlueUkeman]

Football without fans is nothing.

 

[Godiva]

Who are the "unsecured, non-connected creditors" ?

ACL (10 char ...)

 

[sw88]

Thank fook it's Friday I say! Imagine if this happened on a Monday!

Away games only from now on for me I think!

 

[torchomatic]

it would anyway. A football stadium with no football club.

Was told something is total confidence yesterday, which I can't repeat. Put it this way though, if the club do leave the Ricoh, the shit is going to hit the fan (for ACL).

Just hope some common sense prevails.

 

[the rumpo kid]

Thank fook it's Friday I say! Imagine if this happened on a Monday!

Away games only from now on for me I think!

me to..........................

 

[Godiva]

Really? Maybe I'm wrong there. Seems strange that they pay them off in full though. Maybe it's to stop any legal challenges from creditors feeling short changed and conned.

Not strange at all - ACL can be seen as a football creditor. Not paying them in full could have meant trouble with FL.

 

[japandy]

What's with the hysterical reactions? The club isn't finished, and I still don't think we will leave Coventry. SISU are under no illusions that the fans would not follow it, and ACL I believe will do what they can to keep the club here (certainly if the rumours circulating about Compass are true).

So, we'll be back to square one, but we will still have a club to fight for. This isn't the end, and it wouldn't surprise me if there were another few twists to come.

GREAT thread ferret.

It was obvious he would choose a SISU connected company. Knowing Joy she will rid herself of Fisher. His job of keeping CCFC under the SISU umbrella is done but he is unworkable in Coventry now. JS is a businessperson first and I don't believe she will have any sympathetic relationship with TF. He has dug his own position and will get a pay-off.


GOODBYE TIM

 

[Fluffsta]

Not a penny more.

 

[Godiva]

Not strange at all - ACL can be seen as a football creditor. Not paying them in full could have meant trouble with FL.

Oh - and it's the way to exit admin while liquidating limited (and the lease to play at the Ricoh)

 

[covmark]

Some of you girls need to get a Fucking grip

 

[wal3590]

Not a penny more.

Snap.. Massive head loss. The club is rotten!

 

[Bennets Afro]

I expect a big chunk of the debt to be wiped off now then

 

[Skyblue Stroller]

It feels like the death of my beloved team by a" thousand cuts".

 

[hutch1972]

He could have bid a huge amount and still lost. He has to pay for what he bids, SISU don't.

Easy to pay yourself a load of money.

Exactly right, ph4 would have had to pay cash (so to speak) Sisu will be paying through paperwork only.

 

[KarmicChris]

Why did we lose 10 points last year then? If the same company can now fork up the money? How can the Football League be letting this happen, using us as a glorified bank account. Take the money out and out it back when it suits them.

 

[fernandopartridge]

No surprise. Next stop: Judicial review?

 

[Godiva]

I expect a big chunk of the debt to be wiped off now then

£10m-£12m if even that. The debts are a wall against hostile takeovers and has just proved its efficiency.!

 

[Nonleagueherewecome]

Was told something is total confidence yesterday, which I can't repeat. Put it this way though, if the club do leave the Ricoh, the shit is going to hit the fan (for ACL).

Just hope some common sense prevails.

You sound positively delighted...I suppose that will justify these gangster's behaviour for you, will it?

 

[DazzleTommyDazzle]

It feels like the death of my beloved team by a" thousand cuts".

I think that a thousand is a bit of an exaggeration - oh, and you missed the "n" out of the next word

 

[wal3590]

So somehow we need to get the football league against these cretins!

 

[fernandopartridge]

You sound positively delighted...I suppose that will justify these gangster's behaviour for you, will it?

No but it proves right the earlier assertion about ACL originally filing for administration being disastrous for all parties.

 

[6 Generations]

Was told something is total confidence yesterday, which I can't repeat. Put it this way though, if the club do leave the Ricoh, the shit is going to hit the fan (for ACL).

Just hope some common sense prevails.

Assume that ACL are contractually obligated to Compass long term, particularly based on a minimum of 23 home games at the Ricoh.

The common sense should have prevailed many months ago. All parties are culpable for the situation we now find ourselves in.

Coventry City have been used as a political football by those who seek personal gain.

Only now somebody just pierced the inner bladder, thereby puncturing and sadly, permanently deflating The Sky Blues.

Shame on all of those who participated in this totally unnecessary, soulless, heartless farce.

Shame on you all!!!

 

[covhead1]

Well i guess thats what i was expecting, but it sure ain't what i was hoping for. :jerkit:

 

[bigfatronssba]

So after administration, points deductions, probably nearly £1m in legal costs, sisu have had to pay the rent anyway?

 

[Sky blue north east]

Well it had to be expected, but me thinks more twists yet the club is not dead if you dont want follow city under sisu fine but the lads on the pitch will get my full support......

 

[cloughie]

Was anyone seriously expecting the result to be any different?

No but to hear it as true is still a kick in the bollocks

 

[SkyBlue_Bear83]

We're fucked

I have nothing else to add

 

[covmark]

You sound positively delighted...I suppose that will justify these gangster's behaviour for you, will it?

Gangsters??? Are you on drugs, what did you expect to happen? Haskell riding naked through Coventry waving a blank cheque in his hand. Stop being a drama queen

 

[Samo]

No but it proves right the earlier assertion about ACL originally filing for administration being disastrous for all parties.

And who's fault was that? Our Timmy!

 

[CovLis86]

Well here's to more holding of accounts, rising debt, poorer performances on the pitch and transfer umbongos. Wouldn't be the same without it would it?!

Fck this. Just had enough.

 

[theferret]

You sound positively delighted...I suppose that will justify these gangster's behaviour for you, will it?

Do I, where? Please point me in the direction of where I display even the slightest hint of delight, you prize a c**t.

My point, if you would take your head out of your sanctimonious backside for once and read what I said, was simply that commercial pressures on both sides will mean we will stay in Coventry. A good thing no? Or perhaps deep down what you really want is SISU to take us to Walsall so that you can come on here frothing at the gills and work yourself into an anti-SISU frenzy for the next 3 years.