Kingokings204
Well-Known Member
Listen guys, you are all smart loyal Coventry city fans just like me for well over 20 years now. The club will be fine. It's just tough in administration. Once out of administration you will see really hot up.
I am told by sources though not 100% but make sense and add up that sisu have already accepted 1 or even 2 bids in principal. The key lies with the golden share and administration. Once out of admin and golden share given to sisu again then they can sell up and cut their losses. Selling whilst in admin makes no business sense and they would not hold the golden share as it was stated its in ltd. now they have or will have in 3 weeks the full control again then these proposed bidders can take over the club and save it. This is why the byng group and Elliot/Haskell group are noticeably quiet at the moment. They know the bigger picture. So while it all looks a mess and is to an extent. Keep the faith.
To back up my comments I will make you reading this a loyal Cov fan and put yourself and manager or owner of sisu. Now what would you do if you were in this current situation? Would you stay being hated and making losses every year garenteed. I know I wouldn't if this was me I would want to be as far away as possible and just cut my losses. Some investments work and some don't. This didn't. Once out of admin time to sell up and get out of Coventry.
Thoughts?
I am told by sources though not 100% but make sense and add up that sisu have already accepted 1 or even 2 bids in principal. The key lies with the golden share and administration. Once out of admin and golden share given to sisu again then they can sell up and cut their losses. Selling whilst in admin makes no business sense and they would not hold the golden share as it was stated its in ltd. now they have or will have in 3 weeks the full control again then these proposed bidders can take over the club and save it. This is why the byng group and Elliot/Haskell group are noticeably quiet at the moment. They know the bigger picture. So while it all looks a mess and is to an extent. Keep the faith.
To back up my comments I will make you reading this a loyal Cov fan and put yourself and manager or owner of sisu. Now what would you do if you were in this current situation? Would you stay being hated and making losses every year garenteed. I know I wouldn't if this was me I would want to be as far away as possible and just cut my losses. Some investments work and some don't. This didn't. Once out of admin time to sell up and get out of Coventry.
Thoughts?