J
Jack Griffin
Guest
That is what I fear the most, CCFC will be left paying for SISU's mistakes for decades! Left as a cash cow to be farmed as much as possible.
If SISU get the stadium they may leave, they may not, however looking at the options for them recouping their investment it looks likely to me that selling them the stadium as part of an exit strategy has a big risk of leaving the club in a horrendous position financially.
6000 people marching through Coventry?
That is what I fear the most, CCFC will be left paying for SISU's mistakes for decades! Left as a cash cow to be farmed as much as possible.
Aren't we still paying for acl.and the past owners mistakes also?
Oh god, here we go again. Admit it, you are Grendel in disquise
Aren't we still paying for acl.and the past owners mistakes also?
No he isn't. They just share each others dresses.
Giet the stadium independantly valued, give it to SISU with the proviso that when they sell ACL/HIGGS get the valuation amount plus a % of resale profit, if they havnt/dont sell in a set timescale then they must pay a preset agreed price for the ground.
Aren't we still paying for acl.and the past owners mistakes also?
you could make an argument for that, for example leaving HR. on the financial side however SISU picked the club up for virtually nothing, including people handing their shares over. I think I'm right in saying that while the pre-SISU debt appears to have stayed on the books SISU didn't actually pay Robinson etc anywhere near the amount they were owed. The difference would be if SISU load debt against the stadium and then sell the club the new owner will still have to pay those debts or we will lose the stadium.
In essence SISU started at near enough zero, if they mortaged the Ricoh prior to leaving a new owner would inherit tens of millions of debt which could have a huge impact on are future for decades.
You are missing the point.
Giet the stadium independantly valued, give it to SISU with the proviso that when they sell ACL/HIGGS get the valuation amount plus a % of resale profit, if they havnt/dont sell in a set timescale then they must pay a preset agreed price for the ground.
Maybe.
I want Coventry City playing in Coventry, im an average fan who in reality cares little for the politics of the situation, as much i would like to pick sides, get nvolved and help make a difference its not going to happen.
Success for my club, playing in Coventry is the only real point!
You cant just ignore the fact that Sisu have burnt their bridges with many Cov fans; It is very likely 1000's will still not go if Sisu get the Ricoh and CCFC move back.
You cant just ignore the fact that Sisu have burnt their bridges with many Cov fans; It is very likely 1000's will still not go if Sisu get the Ricoh and CCFC move back.
In short Sisu are the problem not part of the solution.
The taxpayer has already bailed out the Arena once. To the tune of £14M. And at the same time as shutting down loads of care homes. Is that what you want CCC to do?
Id unlike him - he let himself down and said sisu and not SHITSU.
So does 50 people on a hill.
Shame the other 24K who turned up to the Crewe game didn't go.
TBF The bloke promoting this on CWR sounded Pro CCFC and anti SISU,ACL.
you could make an argument for that, for example leaving HR. on the financial side however SISU picked the club up for virtually nothing, including people handing their shares over. I think I'm right in saying that while the pre-SISU debt appears to have stayed on the books SISU didn't actually pay Robinson etc anywhere near the amount they were owed. The difference would be if SISU load debt against the stadium and then sell the club the new owner will still have to pay those debts or we will lose the stadium.
In essence SISU started at near enough zero, if they mortaged the Ricoh prior to leaving a new owner would inherit tens of millions of debt which could have a huge impact on are future for decades.
would be the only ethical hedge fund in the world.
i was in Tenerife, i did go to the legends game though. a good day it was too (aside from our team being held for ransom on the same day), made me remember why i'm a sky blue because in all honesty i was about to throw the towel in and say fuck it, i'm done, they've beat me.
TBF The bloke promoting this on CWR sounded Pro CCFC and anti SISU,ACL.
He did indeed.
The fact he doesn't go to Sixfields will keep some happy too.
That won't be enough. He has dared to challenge ACL.
Grow up, although the guy on CWR wants whats right, Cov in Cov, the whole campaign has one purpose on the run up to the JR appeal on 28 November, to instigate a change in public opinion against the Council. Mark Labovitch has planted the seeds with a number of parties, although most in Cov can read through this, sadly Mr Reid is also being played, but he doesn't mind as long as he sells papers.
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