torchomatic
Well-Known Member
Dont disagree. However if it's not a free deal then don't sell it to the fans as one. Be truthful. It's no better than SISU that way.
Sent from my Galaxy S4 using Tapatalk 2 now Free
It would however have put them in a much better financial position than their self-imposed exile in Northampton.
So why get pedantic over terms when you know the point Hoffman was making was very valid?
Dont disagree. However if it's not a free deal then don't sell it to the fans as one. Be truthful. It's no better than SISU that way.
Sent from my Galaxy S4 using Tapatalk 2 now Free
I'm being pedantic because the offer wasn't free. At least you admit he was making a "point" rather than a genuine offer.
Sent from my Galaxy S4 using Tapatalk 2 now Free
"Admit" suggests some form of guilt.
I've posted several times before that the whole point of GH's offer was to highlight the absurdity of SISU's stated position at the time that the Football League were considering what to do. Where he went wrong, was in believing that the FL might apply their rules rather than side-stepping them with their "discretionary" powers.
I will substitute the word admit to "acknowledge" then.
Sent from my Galaxy S4 using Tapatalk 2 now Free
Sources? What experts saying we must own our ground? I mean finance experts, not "football experts" who are no better qualified than you or me to say what a viable business strategy is.
Stop this bullshit myth. The rent wasn't killing us, the wage bill and debt were and Sisu are responsible for both. Even with no rent Sisu have run up £53m of debt in 6 years of owning the club and have nothing but a relegation and 4 senior players to show for it.
The club needs access to more income, granted, perhaps they shouldn't have cut off the only viable route to getting it by stopping paying the rent? Perhaps they should actually market their product instead of letting it die in Nothampton? Perhaps the could rent some space a a fair deal and start these bank busting "revenue streams" Joy has lined up.
ALL of this ALL OF THIS about the club needing the Ricoh is bollocks. We need to control our costs and increase our outgoings, just owning a stadium won't do either and Sisu have shown no ability to maximise the club's income.
What owning the stadium WILL do is make the club more valuable in a sale scenario, after which we're back to square one with a shit ton of debt.
The club need to do what the club have repeatedly refused to do: fund a competitive team on the pitch and engage and enthuse fans off it. Not whine about property deals.
I am sure there was an offer to play at the Ricoh for free whilst in admin. And with the way SISU have run our club the last few years we wouldn't have rent payable half of the time. And the other half of the time they wouldn't pay anyway.
ACL knew full well that we would try to come out of admin before the season started so their 'free rent whilst in admin' was nothing more than a publicity stunt.
Sent from my iPhone using Tapatalk - so please excuse and spelling or grammar errors
To be honest I can't remember who said what at the time the proposition was raised, so I'm not sure who your comment was addressed to - presumably GH or the Telegraph headline writers?
Could we agree on a "no cash cost to SISU" deal?
Not that it matters, given that TF didn't want to discuss it anyway.....
This is the crux of the matter, whether GH's offer was genuine or not and/or ACLs offer of £150k p.a for 10 years was put to the Administrator rather than the club, the fact is that if the club/SISU were interested in either they could have confirmed this. If ACL (or GH) then retracted the offer then we'd know that there are other parties to blame.
However, all we have heard from TF/Joy/SISU is that they aren't going to negotiate with ACL/the council any more (I think the last excuse was that it was there fault we got deducted 10 more points) and will only return to the Ricoh if they own it. The need for ownership is a myth as has been discussed numerous times, ultimately it's all about ensuring you generate more than you spend. If costs are under control and the teams doing well, revenue will follow. Again, as has been covered numerous times, the additional income from remaining at the Ricoh runs into millions. Going to and remaining at Sixfields doesn't make financial sense unless there is an ulterior motive.
SISU are choosing for this club to remain outside of the city, nobody else.
I don't deny it was a publicity stunt (more to show how stupid the move to Northampton is imo), but we have yet to find out what the hurry was in coming out of administration?
Why wasn't Appleton allowed to do his job properly and locate all the assets before putting the club up for sale?
And Appleton did do his job properly. Just because we don't like the outcome doesn't mean he has done something wrong.
The hurry was to try and a) avoid a 10 point penalty for coming out of the CVA in a second season, and b) get rid of the transfer embargo.
The second question is can't answer, but I really don't see it making much difference, Otium would still have outbid PH4.
Sent from my iPhone using Tapatalk - so please excuse and spelling or grammar errors
The hurry was to try and a) avoid a 10 point penalty for coming out of the CVA in a second season, and b) get rid of the transfer embargo.
The second question is can't answer, but I really don't see it making much difference, Otium would still have outbid PH4.
Sent from my iPhone using Tapatalk - so please excuse and spelling or grammar errors
Wrong. His desk included getting the money back "plus a return".[/
Yes, CCFC would have made a profit too but Fisher still didn't even consider it! That's when SISU's game was rumbled wasn't it?
Another fallacy peddled as the truth. It wasn't "free". Far from it.
Another fallacy peddled as the truth. It wasn't "free". Far from it.
wow another thread on the same fucking subject!!!
ACL have made no offer to CCFC - only to the Administrator - get real - we had no choice to leave Coventry thanks to CCC.
Sadly this is a distinct possibility! All those experts and people in the know ALL agree that CCFC will not survive in the long term either unless the owners or the club own it's own stadium and have access to all revenue streams FACT!
Since neither the Council or ACL will allow this to happen then the owners had no choice than to move the club (short-term, 3 to 5 years!) away from the Ricoh.
I support NONE of the warring factions just my team & the manager, just back from yet another hugely entertaining 98 minutes with a couple of the new shirts, many congratulations to Steven Pressley & his 'united' squad! Just a great pity that so many supporters can't see the woods from the trees and get behind our very exciting side! PUSB! Leon & Jordan were both great.
That's not true though is it? By forcing administration last year they did. By denying a fair offer via the CVA from the admin they forced they did it again. They did this blindly believing they could pick new owners for the club. Sisu are crooks but ACL have really screwed us over.
If sisu had paid the rent they where legally obliged to pay none of this would have happened.
It was all part of sisu's plan to get the Ricoh for peanuts.They knew ACL would have to apply for admin which was also part of their plan, knowing full well they where going to put themselves into admin and appoint their own administrator
but wanted to blame ACL.
If sisu had paid the rent they where legally obliged to pay none of this would have happened.
It was all part of sisu's plan to get the Ricoh for peanuts.They knew ACL would have to apply for admin which was also part of their plan, knowing full well they where going to put themselves into admin and appoint their own administrator
but wanted to blame ACL.
RFC said:Sadly this is a distinct possibility! All those experts and people in the know ALL agree that CCFC will not survive in the long term either unless the owners or the club own it's own stadium and have access to all revenue streams FACT!
Since neither the Council or ACL will allow this to happen then the owners had no choice than to move the club (short-term, 3 to 5 years!) away from the Ricoh.
I support NONE of the warring factions just my team & the manager, just back from yet another hugely entertaining 98 minutes with a couple of the new shirts, many congratulations to Steven Pressley & his 'united' squad! Just a great pity that so many supporters can't see the woods from the trees and get behind our very exciting side! PUSB! Leon & Jordan were both great.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?