The Future (1 Viewer)

[dongonzalos]

So what is everyone's gut feeling.
I know it is very hard to second guess SISU as time after time they have not taken what most would consider to be the best route for their own interests however if you you were forced to give an answer.

They lose the JR do they .....

1) Appeal whilst staying at Sixfields
2) Appeal, stay at Sixfields genuinely start building a new stadium
3) Agree a long term rent deal at the Ricoh
4) Attempt to buy ACL
5) Put the club up for sale
6) Put club into administration
7) Any other scenario you can suggest.

They win the JR

1) Stay at Sixfields sue the council hoping the council are forced to sell the Freehold
2) As above but hope the council agree to sell ACL
3) build the new stadium whilst staying at Sixfields
4) Sue council and sell club
5) Sue council and attempt to put club into admin/ liquidate.
7) Any other scenario you can suggest

Personally I think they desperately need to win the JR. The filing of the accounts suggest that without the JR element their plan is futile. ACL are just above break even and are only now really seriously starting to plan life without CCFC.

I would guess they would be able to manage to stay at break even. If this is the case they can call SISU's bluff and let them crack in with building a new stadium.

As pointed out on several occasion there is no financial argument for building a new stadium so that is highly unlikely. So if they don't win the JR and if bid an emphatic defeat I can only see the long term rent ad their way out. Or buying ACL if they do have access to that kind of money.

If they win the JR I think they will attempt to Sue the council and at the same time sell the club or put it into administration.

 

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[Godiva]

They lose:
7) They hand over the keys to ARVO who will build a new stadium

They win:
7) They will agree purchase of the shares in ACL

 

[dongonzalos]

Godiva I don't think and apologises if you have but to my knowledge explained how that process would work.

Do SISU just write off their own 30 million plus off investment and give the club to ARVO to cover their 10 million plus.

Then ARVO agree to spend a further 30 million building the stadium whilst also putting in 5 million a year as this happens.

Once it is built they will probably need to sell the combined package for 50 million to get their money back. ( as we have seen that can't happen)

I don't think anyone in here has ever been able to explain a business plan that convinces anyone a new stadium can be built.

 

[sky blue zam]

They lose
7: club gone, experienced high wage players such as Murphy and moussa out of contract In the summer Christie and marshall out of contract. Dagnall only offered a contract till the summer. Then just left with Webster seabourne baker and the young players to pay off.

They win
7: club lives, acl appeal and if they win again then acl will be up shit creak and maybe forced to sell to sisu

 

[Astute]

Lose JR=Appeal

Lose appeal=lodge another appeal

Keep appealing until exhausted appeals.

Exit investment in the way that gives them the most money. If there isn't much in it liquidate our club.


Win JR=Sue everyone they can until they get the Ricoh.

 

[Godiva]

Godiva I don't think and apologises if you have but to my knowledge explained how that process would work.
Do SISU just write off their own 30 million plus off investment and give the club to ARVO to cover their 10 million plus.
Then ARVO agree to spend a further 30 million building the stadium whilst also putting in 5 million a year as this happens.
Once it is built they will probably need to sell the combined package for 50 million to get their money back. ( as we have seen that can't happen)
I don't think anyone in here has ever been able to explain a business plan that convinces anyone a new stadium can be built.

I really don't know how they would work the details, but it would probably not be too difficult to do some sort of silent administration process where ARVO buys the debt owed to the 5 initial funds at say 1p in the pound.
Or even less.
For all we know the initial debts is written down to nil already by the funds - whatever they can salvage could be seen as a win.

On the face of it - they could get rid of a debt of 30m with no assets to for and replace it with a new loan of 30m with a stadium asset to balance.

 

[Godiva]

Can you even appeal the JR decision? Maybe bring before the court in Luxembourg?

 

[dongonzalos]

Can you even appeal the JR decision? Maybe bring before the court in Luxembourg?

I really hope you can't
It seemed to be talked about as fact in here that you can.

 

[dongonzalos]

To me it's seems to be they win they will sue then walk.
They lose if they can't appeal they will agree a long term rent deal or buy ACL (if they can afford it)

Wish the JR was tomorrow and I hope their is no appeal so we finally get a solution.

 

[TrueSkyBlueLiam]

No matter what happens in the JR, we lose. If SISU win, they will try and get the Ricoh at a knockdown price, and if they succeed, they'll be in our city and our club for the foreseeable future and even if they sell, the club, which is unlikely, we still have to deal with them as owners of the ricoh. We'd be their tenants, so we wouldn't be rid of them and they'd be free to fuck with our club for years to come. If SISU lose, we stay in Sixfields for the foreseeable future. We have no money to build a new stadium, we have no suitable areas to build a new stadium and if it is more than 2 miles outside the borders of Coventry I will not go, so its a lose-lose situation. either way, those bastards are going to be fucking with our club and our lives for a long time to come

 

[rupert_bear]

If sisu win this JR who is to say they will acquire the Ricoh Arena. If the arena is put up for sale who is to say sisu will be the only interested party, in fact I am certain there would be other interest.

 

[dongonzalos]

If sisu win this JR who is to say they will acquire the Ricoh Arena. If the arena is put up for sale who is to say sisu will be the only interested party, in fact I am certain there would be other interest.

I think if they win the JR they will get rid of the club and try and sue the council for 30-40 million.

 

[DaleM]

They lose
7: club gone, experienced high wage players such as Murphy and moussa out of contract In the summer Christie and marshall out of contract. Dagnall only offered a contract till the summer. Then just left with Webster seabourne baker and the young players to pay off.

They win
7: club lives, acl appeal and if they win again then acl will be up shit creak and maybe forced to sell to sisu

ACL Can't be "forced" to sell to SISU mate. I think if they had to sell up because of administration then the administrator is duty bound to get the best possible price for the shareholders which is CCC and the Higgs.