Secret meeting fa chairman, sisu/otium, acl on thursday (3 Viewers)

Broken Hearted Sky Blue · Jul 22, 2013

skybluepm2 said:
Sorry to rain on your fire true sky blue..(if that really is your name!!) but I just can't see there beung an ounce if truth in what you're saying. You're a relative newbie to the site and as far as I'm aware don't have a successful track record of pulling stories like this out of the bad. Would love you to prove my wrong but I think there's more chance of you being an alias of PSGM1 coming back to reign his evil act of revenge on all things joyous and sky blue.

Oh good:claping hands::claping hands::claping hands:

Dan Griffin · Jul 22, 2013

Oh that's really fucking secret.

Nonleagueherewecome · Jul 22, 2013

quinn1971 said:
Alan stubbs to be named new manager...you heard it here first

He's good mates with Carsley who I would think has sufficiently warned him off us. He did speak on R5 late last season about it being "a disgrace what is being done to a great football club".

jesus-wept · Jul 22, 2013

Bennets Afro said:
I've heard Presley isn't very happy with the whole situation and was thinking of jacking in.
You couldn't blame him if he did

Ooh can I be first to say it ERIC BLACK for the job

Astute · Jul 22, 2013

true sky blue said:
Dont ask how i know, all i can say is the info comes from a director level of a certain football club i can not name,

this meeting is taking place

it is to thrash out a deal, as a last resort. If no decision can be reached thats it for this season, it's northampton for one season.

Something also about steven pressley, they reckon he is on about leaving to another league one club

Are you his solicitor?

Nick · Jul 22, 2013

Even if it was remotely true, Pressley knew the score when he came here didn't he?

Deleted member 5849 · Jul 22, 2013

Nick said:
Pressley knew the score when he came here didn't he?

So he claims, but even the biggest mentalist going would have stuck to their old job if they knew the true extent, surely?

Nick · Jul 22, 2013

Deleted member 5849 said:
So he claims, but even the biggest mentalist going would have stuck to their old job if they knew the true extent, surely?

Unless it was a quick buck for a few months

DazzleTommyDazzle · Jul 22, 2013

jesus-wept said:
Ooh can I be first to say it ERIC BLACK for the job

That's a bit unfair - always thought Eric seemed a really good bloke!

ricohman · Jul 22, 2013

I would'nt doubt this post just yet, and by the way isnt this what most want, to be back at the ricoh and sp gone.

Houchens Head · Jul 22, 2013

Nick said:
Unless it was a quick buck for a few months

Like that bloke (can't even remember his bloody name) who buggered off to Huddersfield?

mark82 · Jul 22, 2013

Houchens Head said:
Like that bloke (can't even remember his bloody name) who buggered off to Huddersfield?

Rob something?

Deleted member 4439 · Jul 22, 2013

Otis said:
Let's cross our fingers.

about the ricoh, or sp leaving? difficult choice....

cloughie · Jul 22, 2013

what director of a football club would inform a person, who appears to be mentally unstable, about a 'secret' meeting with the FA

dongonzalos · Jul 22, 2013

Grendel said:
I can see Pressley going. I can't think of any manager putting up with this just for a pay check. Oh I can think of one....

I thought non of this sort of thing puts off managers or may cause us to lose them?

Carry on SISU your ruthless negotiation style and tactics will be great for CCFC.

derbyskyblue · Jul 22, 2013

Nick said:
Even if it was remotely true, Pressley knew the score when he came here didn't he?

Maybe he thought it wouldn't be quite like this, for sure a bumpy road.....but this car crash of a club, who could blame him?

SkyBlueBlood · Jul 23, 2013

derbyskyblue said:
Maybe he thought it wouldn't be quite like this, for sure a bumpy road.....but this car crash of a club, who could blame him?

Are you suggesting that Fisher may not have told the truth at the interview?

What a shocking thing to say!

derbyskyblue · Jul 23, 2013

I'm sure our timmy is whiter than white.....

mattylad · Jul 23, 2013

It would not surprise me if the FA had called SISU in for a meeting because unlike the FL they have the money to not be intimidated by legal threats. As for SP heard an interesting story last week that the whole bomb squad thing is Waggots doing! SP picked the players that were surplus reqrequirements and now they have to go through Waggot regards contact with the club.

Spionkop · Jul 23, 2013

Mattylad, the bomb squad story sounds possible. Surely no ex player would treat footballers like that. Pressley may want to change things but he'd want to keep players just in case, until he can change things. Hey, it feels so strange to talk about FOOTBALL!
As for the FA, it would be terrific if they finally, finally, finally, stood up to Sisu. How good would that be. But I'll believe it when it happens.
As it stands, my estimate for Sixfield attendance stands at 500. We had 10,000 people at the Ricoh, one in twenty of them go to Northampton (that's unlikely). & they'll possibly have to face the gauntlet of irate City fans. Not a good scenario.

Jack Griffin · Jul 23, 2013

mattylad said:
It would not surprise me if the FA had called SISU in for a meeting because unlike the FL they have the money to not be intimidated by legal threats. As for SP heard an interesting story last week that the whole bomb squad thing is Waggots doing! SP picked the players that were surplus reqrequirements and now they have to go through Waggot regards contact with the club.

I'd be surprised if it is Waggots initiative as he is a football man too, I think he is more likely to be acting on instructions from Timmy.

Whatever, its all bad & smells like constructive dismissal to me.

jesus-wept · Jul 23, 2013

Can I put another angle to this. Perhaps, just perhaps SP has found out under our new to be announced owners he is not their choice as manager.

skyblue025 · Jul 23, 2013

jesus-wept said:
Can I put another angle to this. Perhaps, just perhaps SP has found out under our new to be announced owners he is not their choice as manager.

But the club isn't for sale. We are told this on a regular basis.

RegTheDonk · Jul 23, 2013

true sky blue said:
i have said .. a director of a football club. as if im going to name her/him. all i know is it will take place and the chariman of the FA is apparently to chair. greg dyke apparently

So, you're mystery football club director reckons Greg Dyke, supposedly the most powerful man in English football, isn't going to delegate anyone from the FA to sort out this mess but will personally knock ACL and SISU's heads together?

covcity4life · Jul 23, 2013

this is the same OP who was posting about liquidation like it was a fact yesterday remember guys

letsallsingtogether · Jul 23, 2013

I for one would have liked to see SP have a go.(who Knows)
We have had managers here that were picked by the fans and they have all ended the same way we will not command anyone of any stature while we are in this predicament.

When SP signed he wasn't to know all this shit would blow up No Ricoh No Fans No Money No Players No Nothing would you want to be associated with that?

I think that SP is a genuine bloke and it must hurt him to see what is happening to our Club.....

dadgad · Jul 23, 2013

Greg Dyke has a tough demeanour and has been a more than just a token supporter of lost causes.
Moreover, it is likely that he will identify very closely with the ordinary fan in all of this.
He has the common touch and - for anyone who is interested in this sort of thing - played in the exhibition match before the 87 Cup Final.
More than anyone in the upper echelons of the game he will appreciate exactly what is at stake here.

SonOfSnoz · Jul 24, 2013

true sky blue said:
Dont ask how i know, all i can say is the info comes from a director level of a certain football club i can not name,

this meeting is taking place

it is to thrash out a deal, as a last resort. If no decision can be reached thats it for this season, it's northampton for one season.

Something also about steven pressley, they reckon he is on about leaving to another league one club

One right then & SP going?
Was it Joe Elliott who told you this?
So much for a blanket media gag!
Guess the meeting is on Thursday then

covcity4life · Jul 24, 2013

fair play to the OP,he got alot right

hope the pressley stuff dont come true tho

ccfcdan · Jul 24, 2013

Humble pie anyone?

Skyblueweeman · Jul 24, 2013

Ha ha ha ha! Fair play to True Sky Blue. Someone else commented that we should wait and see as another newbie got slated recently but was correct.

Maybe the newbies are actually key players in disguise?!

Well done to TSB anyway, good work fella.

WM

true sky blue · Jul 24, 2013

Just to add guys: the deal will be done tomorrow, they will agree to share the ricoh, higgs selling to sisu: (higgs desperately want rid)

we WILL be playing at the ricoh come the start of the season. Keep the faith

By Les Reid
38 Comments

[h=1]Warring parties agree secret talks in last-ditch attempt to keep Sky Blues in Coventry[/h]24 Jul 2013 06:45Sisu/Otium and Arena Coventry Limited to enter negotiations over keeping Coventy City at Ricoh Arena

Share on print Share on email

A packed Ricoh Arena

Negotiations over the Sky Blues staying at the Ricoh Arena have been secretly scheduled for this week, the Telegraph can exclusively reveal.
Coventry City Football Club owners Sisu/Otium and part-council-owned Ricoh company Arena Coventry Limited (ACL) agreed on Monday to negotiate for the first time since March - when the club went into administration in a bitter legal wrangle.
It has been kept a closely guarded secret since the agreement at a creditors’ meeting held by administrator Paul Appleton after all sides agreed to a “media blackout”.
But the Telegraph has learned Coventry city councillors were briefed about it on Monday night by council finance director Chris West, who, alongside council chief executive Martin Reeves, is a director of ACL.
Coventry City Council Chief Executive Martin Reeves It will be viewed as a last-ditch attempt to prevent Coventry City moving out of the city and playing ‘home’ games at Northampton Town for up to five years under Football League-sanctioned plans, while a new stadium is built in the Coventry area.
At least 5,000 joined a march in Coventry city centre on Saturday against the plans.
MPs, the Telegraph and others have campaigned for new negotiations to keep the Sky Blues at the Ricoh or for the Football League and FA to block the Northampton groundshare.
It is understood the negotiations have been scheduled to take place this Friday at the latest.
The two sides’ lawyers will discuss who would be a suitable person to mediate in the discussions as it is believed Mr Appleton’s offer to do so was rejected.
One source said: “We don’t know how far apart the two sides will be.
“They might be coming together reluctantly and it’s not known if they’ll be able to bridge the gap.”
There are many potentially insurmountable hurdles to an eventual agreement - not least a two-sided breakdown in trust and in some cases personal animosity between certain characters involved.
It is believed neither Sky Blues boss Tim Fisher or Sisu boss Joy Seppela will be present.
It is thought the club could be represented by director Mark Labovitch, finance director Steve Brookfield and development director Steve Waggot.
Steve Waggott ACL is expected to be represented by Mr West and fellow director Paul Harris.
It is not known if there will be a seat at the table for Peter Knatchbull-Hugessen of the Alan Edward Higgs Charity, which half owns ACL alongside the council.
It is understood Coventry City owners Sisu/Otium have reluctantly agreed to negotiate because they desperately want ACL to sign Mr Appleton’s proposed Creditor Voluntary Arrangement (CVA) to enable the club to exit administration.
The Telegraph understands Coventry City will insist on ACL signing the CVA before there can be any second round of discussions over playing at the Ricoh.
The club desperately wants CCFC Limited to exit administration so that a Football League transfer embargo can be lifted, to enable new players to be signed.
The earliest the club can come out of administration is three weeks into the new season - which starts in ten days - as a 28-day “cooling off” period must follow any CVA agreement.
Mr Appleton has stated the alternative to CCFC Ltd exiting administration via a CVA is liquidation - which could incur a further 15-point League deduction from the club’s 2013/14 Division One campaign.
It is thought ACL is willing to discuss terms over rent payments and who receives matchday revenues - after it previously offered to lower annual rent from £1.3million to £400,000.
Sources believe Ms Seppala will be highly reluctant to enter into any partnership in the Ricoh, or return to being a tenant with ACL or the council as owner.
It is thought she will want 100 per cent ownership of the Ricoh, and that ACL will not want to sell on those terms.
The price of any such sale would also potentially be a major stumbling block.
Talks collapsed last year over Sisu becoming partners in ACL by buying out the Higgs charity’s 50 per cent share for around £4m.
Another major problem is Sisu’s outstanding High Court application for a judicial review against Coventry City Council’s £14m taxpayer deal in January to buy out ACL’s ‘mortgage’ bank loan.
The club claims the council acted against ‘state aid’ laws, created unfair competition and sought to “wrest control” of the club from its lawful owners - allegations the council denies.
Monday’s creditors’ meeting was adjourned until next Tuesday, when Mr Appleton will hope the CVA will be agreed.
Paul AppletonAmendments to his CVA proposal could also be discussed in this week’s negotiations, sources claim.
Mr Appleton’s CVA proposal is to pay back £590,000 to ACL, partly as a proportion of the club’s £1.3m rental debts, through a £1.5m sale of CCFC Ltd to Otium.
He claims Otium had made the best offer, ahead of a bid by US property investor Preston Haskell IV, for the relatively limited assets in CCFC Ltd - and that another company, CCFC (Holdings) Ltd, held the major assets including players’ contracts.
The Telegraph yesterday reported there was confusion as to whether talks were about to take place - after a previously planned mention of “negotiations” was removed from Mr Appleton’s statement yesterday concerning the outcome of the creditors’ meeting.
Until now, ACL has stated the Ricoh doors are “wide open” on a rent-free/matchday-costs-only basis to the administrator - but only while the Sky Blues are in administration, while ACL challenged Sisu/Otium’s right to run the club.

robbieray · Jul 24, 2013

Just to add guys: the deal will be done tomorrow, they will agree to share the ricoh, higgs selling to sisu: (higgs desperately want rid)

we WILL be playing at the ricoh come the start of the season. Keep the faith

If we do i will give you a big kiss

valiant15 · Jul 24, 2013

We'll be playing at the Ricoh maybe but with the same shit owners and a piss poor squad of players. Whoopee fucking do. Here's to the next 5 years of festering in the lower reaches of the 3rd division.

torchomatic · Jul 24, 2013

Alternatively, we could be playing in Northampton with the same shit owners and a piss poor squad of players.

Lesser of two evils, I think.

valiant15 said:
We'll be playing at the Ricoh maybe but with the same shit owners and a piss poor squad of players. Whoopee fucking do. Here's to the next 5 years of festering in the lower reaches of the 3rd division.

Secret meeting fa chairman, sisu/otium, acl on thursday (3 Viewers)

Well-Known Member

New Member

Well-Known Member

New Member

Well-Known Member

Administrator

Deleted member 5849

Guest

Administrator

Well-Known Member

New Member

Fairly well known member from Malvern

Super Moderator

Deleted member 4439

Guest

Well-Known Member

Well-Known Member

Well-Known Member

Member

Well-Known Member

Member

New Member

Jack Griffin

Guest

New Member

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

New Member

Well-Known Member

New Member

Well-Known Member

true sky blue

Guest

Well-Known Member

New Member

Well-Known Member

Users who are viewing this thread

Privacy & Transparency

Privacy & Transparency