see, it's working already.1 add 1 is 2
I ask again why would a City fan be worried about Sisus debt? I for one couldn't give a fuck about it. I would want a coventry consortium to get the club for as little as possible. But each to their own I suppose. Looking forward to the next piece in the local chip wrapper where poor old Sisu are being shafted by evil local mafia dons.
1 add 1 is 2
1 add 1 is 2
because it has a direct affect on our chances of getting rid of them.
Do I care if they fuck off without recuperating their debt, not at all as long as they fuck off.
And I'm sure Hoffman would be free to do the same if he could wangle it. The point is SISU took on debts for £1 which is different to Hoffman paying £1.2m for a debt free club.Not as much as people like to make out. What did they actually pay of in hard cash? What was written of as part of the deal? What then remained? What was then written of with the administration of Ltd? What did the FL make them write of then as part of the agreement to transfer the golden share?
Pretty sure you'll find out that in the end it didn't actually cost them that much in the first place, then sat on the books costing them nothing and anything that was left was lost in the admin process for Ltd. Could be wrong and I am happy to hear otherwise.
1 add 1 is 2
Can I just quickly say I've not got a fucking clue what's going on even after OSB's post and won't be pretending to like some people.
To argue anything different is ridiculous
Well...
1. Letand .
2. Now this means that.
3. If we multiply both sides bywe get .
4. If we then subtractfrom both sides we would have .
5. We can then factorise both sides to get.
6. Dividing both sides bywould give us .
7. Substituting back the values ofand would give us that .
8. So this “proves” thatnot .
(OK this isn't good maths, but shhh)
The value of Ryton is one sticking point. Ryton as a training ground is worth a lot less than Ryton as land for housing.so how much do you estimate now osb?
It's not going to happen is it. It all was so hopeful.The value of Ryton is one sticking point. Ryton as a training ground is worth a lot less than Ryton as land for housing.
A quick google throws up that land for housing in England averages £6m a hectare. Its got to be at least a couple of hectares so that would be £12m on its own.
Add in the value of the players and the 'brand' for want of a better word and you'd be north of £15m.
Then take off football creditors and the costs of replacing pitch provision if Ryton went and you'd have to be offering SISU over £10m I would have thought.
It's not going to happen is it. It all was so hopeful.
They can use my back garden if it smooths things over.How big is Ryton? or how big do we need for a training ground? any ideas? (if it included academy)
It's not in Nelson Mandela house is it ?They can use my back garden if it smooths things over.
I live in a flat though. In Bristol.
They can use my back garden if it smooths things over.
I live in a flat though. In Bristol.
I;m really surprised nobody has done an awful photoshop of Ryton on rightmove yet.
Found some more detailing info. According to the Department of Communities Land Value Estimate report from February 2015 average value per hectare in Coventry is £1.5mI thought I had seen £2m mentioned as a value for Ryton, so wondered after chief's post what housing land was actually going for. I guess it varies from place to place of course
I thought I had seen £2m mentioned as a value for Ryton, so wondered after chief's post what housing land was actually going for. I guess it varies from place to place of course
It's your approval that keeps me going.cracking suggestion, just not quite the right layout or location, good effort though mate.
According to this: Google Maps Area Calculator Tool
Ryton is 7.19 acres
Although, there isn't even any planning on it yet is there?
Well...
1. Letand .
2. Now this means that.
3. If we multiply both sides bywe get .
4. If we then subtractfrom both sides we would have .
5. We can then factorise both sides to get.
6. Dividing both sides bywould give us .
7. Substituting back the values ofand would give us that .
8. So this “proves” thatnot .
(OK this isn't good maths, but shhh)
Shouldn't the same be said when SISU supposedly offered a little more than Wasps did for the share?If somebody comes in and offers a £1 more it doesn't mean they would sell it to them. It's not an auction or a closed envelope sale or anything.
Shouldn't the same be said when SISU supposedly offered a little more than Wasps did for the share?
Shouldn't the same be said when SISU supposedly offered a little more than Wasps did for the share?
Who has said Higgs had to accept it? It's been pointed out multiple times it was never going to be accepted and why.
But if there was a takeover by Hoffman then he would still require a training ground/facility, for the club to continue. Hoffman could hardly buy the club, if SISU kept Ryton and the club had no where to train. So that is hardly a viable solution. In the same way it would seem inconceivable that Hoffman would agree a takeover,unless they had some guarantees at the Ricoh.I was talking from if there was a takeover rather than SISU are going to go an build a new one.
I thought I had seen £2m mentioned as a value for Ryton, so wondered after chief's post what housing land was actually going for. I guess it varies from place to place of course
You didn't actually say anything or make any point at all..
yes I did that you were giving an opinion as you only know whats been leaked there may be more to come I hope so
The club will continue to be run by SISU on a breakeven basis. A new owner could continue to do the same BUT the big difference is that SISU are facing a massive decrease in revenue, due to alienating the fans. Whilst, a new owner would probably face a decrease on current revenues BUT nowhere near the scale of our current owners. I fear that CCFC will be hopelessly under resourced next season if our current owners are in charge.If the club is breaking even, the same money going in/out
Get that, and I totally agree.... however breaking even has got us to League Two along with some horrendous decisions. I was merely saying a new owner needs to throw money at it for success, which Gary Hoffman's consortium do not appear to have.
In my opinion any deal that will be done, will be done behind closed doors and not in public.
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