Lord_Nampil
Well-Known Member
They probably can but then they will loose more money so can't see it happening, as the prince OSB have said they can submit a winding up order on the club which is probably more likely.
Can ACL refuse us to play at the Ricoh next year if we don't pay the rent?
This is no real surprise and one of the reasons we have reactivated the Trust because we can see the doomsday scenario coming and need to be in a position to try and rescue our club as the Portsmouth Trust is trying to do down their. I really believe there is no more important time than now to get involved with the Trust - should the club go into admin or liquidation we would need to prove to the administrators or court that we are a credible alternative and to do that we need numbers, expertise and a strategy. Its now time to put all previous prejudice against the Trust and its previous leaders etc and realise this could be the only way of saving the club as sitting back and hoping against hope that some mysterious lifelong Cov supporting foreign benefactor suddenly appears with pockets overflowing with cash to save us. Its our club and up to us to do something about it.
Good on the council
If they want to send a letter to say council tax has gone up, today is the day to do it, as I won't mind
Sisu can do one, and if we have to go to non league, so be it, I want our club back, with owners who care and forums about what formation we should be playing, not what debenture means!!!!
This is no real surprise and one of the reasons we have reactivated the Trust because we can see the doomsday scenario coming and need to be in a position to try and rescue our club as the Portsmouth Trust is trying to do down their. I really believe there is no more important time than now to get involved with the Trust - should the club go into admin or liquidation we would need to prove to the administrators or court that we are a credible alternative and to do that we need numbers, expertise and a strategy. Its now time to put all previous prejudice against the Trust and its previous leaders etc and realise this could be the only way of saving the club as sitting back and hoping against hope that some mysterious lifelong Cov supporting foreign benefactor suddenly appears with pockets overflowing with cash to save us. Its our club and up to us to do something about it.
Why shouldn't amateurs run a football club? Look what the "professionals" have done to ours!
Why shouldn't amateurs run a football club? Look what the "professionals" have done to ours!
Be careful what you wish for...
The thing about ACL. Please do not get me wrong I really appreciate what they have dine so far.
Now however I am a little dissapointed in them.
I get the impression that their approach now is. It is our job to agree a price it is the councils job to decide if sisu are fit and proper to be part of the Ricoh.
Now they were part of saving the day. They did this because they love the city and they were not doing it because they were out to make a profit.
Yet now it seems like they are just saying it is not our job to sell to people who care about the future of the club. It is just our job to get the right price.
I don't understand why in conjunction with the council they don't draw up terms if any sale.
Surely after saving the day and all the hard work they have done since. They should be putting on a united front with the council.
I.e this is the price this is the terms and conditions.
Instead we now have a situation where sisu may come back with a price that us acceptable.
We the fans get excited (or in my case not).
Then mass pressure falls on the council to relent on their criteria and do the deal.
I really feel it is a bit of a cop out and a passing of the monkey by ACL.
They should have the future of the club at their hearts.
It should be a joint sales pitch put together by sisu and ACL.
One that can then sit on the backburner for any other bidder if sisu do ever dissapear.
Don't just write on here, join the Sky Blue Trust, attend it's meetings. Read what Swansea City fans did about 10 years ago and look at them now.
That statement will really finish our beloved Coventry. We will fold, and like Darlington drop 4 leagues. Non league football here we come
Why join the trust? The Chinese are coming we are going to have millions pumped in. Someone on here said "sit back and enjoy the ride" now who was that?
Sisu have bought a cold.
In effect, when they bought the club, they acquired a name with a huge wage bill attached and no assets.!!
You couldn't make it up.
They now want to appeal to the charitable nature of Higgs and the Council to extricate them from their own naïveté.
Bless.
Sisu have bought a cold.
In effect, when they bought the club, they acquired a name with a huge wage bill attached and no assets.!!
You couldn't make it up.
They now want to appeal to the charitable ynature of Higgs and the Council to extricate them from their own naïveté.
Bless.
Mexico - I fully agree that a bunch of however well meaning fans running a professional football club is a recipe for further disaster but we can act as a vehicle to stave of annihilation and then put proper professionals in charge of actually running the club. We have no aspirations of running a football club, what we want is to have a football club to support. You have no factual information to confirm that there will be no football club. (Please, don't come back with "SISU threatens liquidation" - there are still many variables in that possible conclusion, such as; 1. Liquidation can be challenged. 2. Do you think the FA are really going to want to allow a foortball club, established for 125 years +, with no debt (It's only owed to SISU so we're told) to fold? That will be a PR nightmare for them and set a terrible example of how other 'business' may act as trustees of the other football clubs.
As for finding rich sugar daddy investors - nice idea but if someone like Hoffman with all his financial world contacts cannot find them then what chance have we? That's hardly showing your capabilities as leaders of a group that want's to represent the fans as a voice - reffering to afluent people as "sugar daddy's" isn't likely to win you points with the very people you need to 'save' the football club, and frankly, it's disrespectful.
Also, you based your decision not to find a "sugar daddy"on behalf of the group - can I ask; 1. Do you know for a fact that Gary Hoffman has been through his entire address book to find an investor? Or is this an assumption? 2. Did you consult the rest of the group about this decision? 3. Have you at least concidered the possibilities of how you might find an investor to 'save' the club?
If Gary Hoffman was God - I'd agree, if he's tried it - leave it. However, he's not. If you're saying that your group could never compete with someone like Gary Hoffman - then how do you propose to have a say in a football club run by someone like him? 20% for Swansea right? That's 80% voting the other way - not much of a say that?
What is more feasible is what we are currently undertaking and that is investigating the feasibility and fit to our situation of what the Blackburn fans are doing - check it out and I would welcome your feedback. www.brsit.co.uk
I checked it out and whilst nice, it's unfounded. There's no proof that it'll work, no evidence that suggests it's working and furthermore nothing of fact that says it is definitavely the right course of action for such a trust as yours. So basically, it's all assumptions, if's and maybe from a group of passionate (And admired by me) amateurs who will distract attention from the real goings on
I feel strongly, that as fans, we should learn from this when SISU go, (whenever that may be and at whatever division we come to rest in). Moving forward (again, when the SISU scum have gone), support means spending money to go to the games, not season ticketing the radio.
We can blame all the owners in the world, but without the customers - there simply isn't enough money coming in to live up to our highly set aspirations. Low gates have been going on for years (since we entered division 1 in fact) we might have had 50-60k at wolves in 67 - but the following seasons reported average was something like 18k (ring a bell?)
Time for a change in mentality from all the fans I think. In Leeds for example, Saturday is a football day - they've been up and down the leagues and nothing barely changes in support, so the recovered well from several financial issues.
I feel strongly, that as fans, we should learn from this when SISU go, (whenever that may be and at whatever division we come to rest in). Moving forward (again, when the SISU scum have gone), support means spending money to go to the games, not season ticketing the radio. </p>
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<p>We can blame all the owners in the world, but without the customers - there simply isn't enough money coming in to live up to our highly set aspirations. Low gates have been going on for years (since we entered division 1 in fact) we might have had 50-60k at wolves in 67 - but the following seasons reported average was something like 18k (ring a bell?)</p>
<p> </p>
<p>Time for a change in mentality from all the fans I think. In Leeds for example, Saturday is a football day - they've been up and down the leagues and nothing barely changes in support, so the recovered well from several financial issues.
It must be me OSB. I just don't get it. Sorry
Whichever person group charity organisation etc.. that is selling their share of the Ricoh to sisu.
Stepped in in the first place as they knew coventry needs a football club and that matches with original desires of higgs.
They may have had to do it under the guise of regeneration but I believe Coventry actually having a football club was the real driver.
Now when they sell their share that driver should still exist ie don't sell it to someone who may in the future end up leaving coventry without a football club.
They could dress it up under we need assurances about future regeneration if they want. To meet the charity commissions requirement.
I hardly think they would have a problem with the commission if they said. We are not selling unless the buyers agree to regenerate the area and invest in the football team which also then generates jobs and business fit the future if coventry.
Apologies if I am been too simplistic. But I can't get my head around this we just need to agree a price approach.
the football club was and is not the main driver of the Charity ... its objectives are as follows
Such charitable purposes which shall benefit wholly or mainly the inhabitants of the area within 25 miles of the centre of Coventry as the trustees may select, with a preference as far as practicable to the promotion of child welfare and particularly the welfare of under privileged children (source Charity Commission)
They have done their bit, in fact more than their bit in providing a place for CCFC to exist. It was never set up to benefit or help CCFC prosper. Their involvement has been in providing the infra structure that can benefit the City. That infra structure development needs to continue and the Charity is not in a position to do that, it doesnt have the finance and is not set up to be a commercial enterprise. Quite rightly they are open to someone taking over that responsibility, but no one should doubt their commitment or that they wont do everything in their power to ensure that who ever comes in are the right people with the finance to take the facility on. You will also find that at least some of the Trustees are supporters of CCFC and have a vested interest in seeing CCFC prosper with credible owners who ensure the club is safe financially
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