Talksport (2 Viewers)
- Thread starter Bluegloucester
- Start date
chiefdave
Well-Known Member
There would be scope to restructure but I can't think of another tenant who would use the Ricoh as a stadium on a regular basis. Conversion for another use would cost money and who would pay that, you're prob looking at £10m plus for a roof for starters.
Weren't the council / ACL looking to SISU to make infracstruce / regeneration investment? that would imply they don't have the funds to do it themselves.
Millennium Stadium is, I believe, set up as a multiuse stadium with partitioning available for smaller concerts and exhibitions and rarely gets used for that as there's no demand. hard to see what a space that big would be used for, taking on the NEC would be a risky game as they are very established and wouldn't take the fight lying down and may well be in a financial position to be more aggressive than ACL.
SkyBlue_Bear83
Well-Known Member
So just to be clear, you want the club to sell our best players and further reduce wages. You want the club to slide to league 2 and possibly go out of business because we are paying a rent we can't afford
But at least if we did, we can all proudly take the moral high ground of how we paid our rent
Bluegloucester
New Member
Cardiff City get by with 22 players (as quoted by Malchy MacKay) why do we have 37? That's where we are beng bled! The rent debate is a sideshow, though needs to be renegotiated to reflect our current position.
lordsummerisle
Well-Known Member
Imagine that Bellamy's wages would add up to about 22 of our squad!
Official Away Travel
New Member
They already go up against the NEC - they taken exhibitions and concerts from them already
Bluegloucester
New Member
All relative, they are top of the Championship, we are where we are. It's the size of our squad, how many other League 1 sides have a squad our size. Bellamy took a big pay cut to play for Cardiff.
lordsummerisle
Well-Known Member
How many of our fans on here were complaining about our small squad last season?
Bluegloucester
New Member
My Lord, we need quality, not quantity. 25 man squad should be sufficient. Fisher/Waggot should not have allowed so many new players in without shipping an equal amount out. That is the root of our present problem and it goes back a number of years.
lordsummerisle
Well-Known Member
Very true, though some would have it that Thorn only signed quality..
Bluegloucester
New Member
It worked when Ranson/Thorn did the scouting. They had players lined up when we were forced to sell. He was out of his depth when he worked on his own.
SkyblueBazza
Well-Known Member
Managing director let's say earning £100k salary. Something means he loses his job, but goes to work in a job with a salary of £30k (for whatever reason). Does he continue to pay his mortgage? Stop paying his mortgage? Move out? Become a squatter?
This is the kind of situation we have in simple terms. Just a few middle-men along the way confusing the issue really. Ultimately, if a man lives in a mansion during the good times but is not fabulously wealthy - he can't live in the mansion during bad times. So he either moves out, his debtors are VERY sympathetic & let you pay much less & can suffer the loss. However they may reach a point where they cannot continue themselves if the loss is too large.
CCFC is poor...can't afford the rent.
Covstu
Well-Known Member
because they signed a contract saying they bloody would!!!!
Covstu
Well-Known Member
I think what LG was saying is that they agreed to the payment and should have built a contingency plan in place or a clause in the agreement about if they club got relegated however clearly they didn't now they are trying to default on the payment. That is poor business.
No-one on this forum wants the club to go bust but to say ACL should just write this debt off is just silly.
LastGarrison
Well-Known Member
Take those Sky Blue tinted glasses off for fucks sake!
SISU are playing hard ball to try and put the pressure on a charity and our council. The same people who bailed us out in the first place, yet due to SISU's complete an utter ineptiude you think that the charity and the council should suffer?
Only in football can a badly managed business do so fucking shit and people think they should get rewarded for it.
You honestly think that SISU aren't exploring every avenue possible to get out of this shit as soon as they can whilst taking the littlest hit possible? They have now refused to pay the rent, refused to pay discounted rent and now spin loads of shit out to make it look like they are the bad guys and gullible twats like you believe them.
This isn't ever going to end good but one way or another SISU need to go.
covcity4life
Well-Known Member
this thread is foookin scary
Otis
Well-Known Member
DazzleTommyDazzle
Well-Known Member
But that's about as scary as it gets.........
Brighton Sky Blue
Well-Known Member
Cardiff have spent beyond their means for years with total impunity.
Bluegloucester
New Member
You are missing the point we have 37 man squad, they have significantly less and sit on top of the Championship
Brighton Sky Blue
Well-Known Member
Our 37 man squad contains a very high proportion of kids and inexperienced young players. Cardiff pay obscene wages to attract a small squad of high quality. They have done it for years.
SkyblueBazza
Well-Known Member
It's not anywhere near as scary as the mere thought of Anne Widdecome
SkyBlue_Bear83
Well-Known Member
Yes I would rather the council and charity suffer rather than the club
I can understand why ACL are pissed off but frankly I couldn't care less, yea the club can't move forward whilst SISU is here imo but that isn't happening in the immediate future and the rent issue is. So that is what I am more focused on at this moment in time
If you said to me who do I want to pay for SISUs mistakes, ACL and the council or the football club. I would choose ACL and the council everytime without a second thought
It doesn't mean I think they should pay for them or it is right they should pay for them, but I couldn't care less
It isn't about rewarding SISU it is about the future of Coventry City Football Club
You should get off your moral high ground and try supporting the club
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Sick Boy
Super Moderator
It wasn't long ago that the majority were moaning about the squad being too small!
coundonskyblue
New Member
My loyalty is to my City, not an out of town hedge fund.
Brighton Sky Blue
Well-Known Member
I do wonder what we'd be saying if it was another club in this exact same situation.
LastGarrison
Well-Known Member
Well you're a fucking idiot then.
Black6Osprey
New Member
Companies have to write off debt all the time. ACL should have a contingency as much as anyone.
My company had to write off a debt from Ford Motor Company last year of £45,000, which is peanuts for a company of their size but it happens all the time. Big company defaults on payment and the cost of trying to win it back makes it impossible to challenge. Thats business. Its dangerous for any business model to rely too heavily on any one customer.
Moscowskyblue
New Member
you are so right, the misplaced speculation on here is frightening, comments about suitcases of money taken by previous directors, prove it or shut up, its not helpful. acl are a charity, they are not there to subsidise ccfc and if we are in the shit is because of poor results on the pitch that have led to one of the most fickle fan bases deserting the club in droves. Hell you have fans thinking that the five pound deal is great when all it does is put another nail in the coffin. it devalues the product and means that the club have less revenue to pay the rent. seriously we are part of the problem.