covkid69
Well-Known Member
nice but dim tim speaks out!!!!
http://www.coventrytelegraph.net/sp...ews/coventry-city-chief-executive-tim-4010343
http://www.coventrytelegraph.net/sp...ews/coventry-city-chief-executive-tim-4010343
nice but dim tim speaks out!!!!
http://www.coventrytelegraph.net/sp...ews/coventry-city-chief-executive-tim-4010343
Concerned he actually believes it aswell....
Don't worry the trust will come in as a last resort - oh wait they haven't!
I guess a sensible/interllectual opinion is a bit much to expect from you.
If you are going to start a thread go through the points raised not just abuse people just for the sake of it
Don't worry the trust will come in as a last resort - oh wait they haven't!
Total bollocks.is it ALL bullshit though? not really
way i see it he is right about council being dicks and sabotagging a similiar move for sisu that PH4 would like to take
he is right about council coming in to help ACL when they had no right
and he is right about them refusing to put a good deal on the table that will how ccfc become viable
tbh if i felt the stadium would be in a good location i probably wouldnt mind so much but i am sure they will bang it on outskirts and it will only be in coventry to the letter of the law
the council have shafted CCFC just as much as sisu, we should not forget that
What do you expect after all that bullshitting fuckwit has put us through? It's not abuse for the sake of it; it's abuse because we're very, very pissed off!
Well turn your abuse on the F'ing council then!
TF even says they will get the full £1.2 m for LAST year!
Eight years at £1.2m! that's 9.6 million FFS!
OPEN YOUR EYES!
imp:
Well turn your abuse on the F'ing council then!
TF even says they will get the full £1.2 m for LAST year!
Eight years at £1.2m! that's 9.6 million FFS!
OPEN YOUR EYES!
imp:
He's lying about the 10k a game 'rent'. its well document that those are matchday costs yet some morons will still believe him.
Don't be so pathetic. They've been angels by comparison with SISU. Try opening your eyes for once!
Don't be so pathetic. They've been angels by comparison with SISU. Try opening your eyes for once!
is it ALL bullshit though? not really
way i see it he is right about council being dicks and sabotagging a similiar move for sisu that PH4 would like to take
he is right about council coming in to help ACL when they had no right
and he is right about them refusing to put a good deal on the table that will how ccfc become viable
tbh if i felt the stadium would be in a good location i probably wouldnt mind so much but i am sure they will bang it on outskirts and it will only be in coventry to the letter of the law
the council have shafted CCFC just as much as sisu, we should not forget that
Who pays the matchday costs under the lease?</p>
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TF even says they will get the full £1.2 m for LAST year!
I was having a conversation with someone yesterday (a saints fan, happy they didn't get stuck with SISU) and he did ask me was there any actual evidence that what SISU say is false and really there isn't a great deal. You get one side saying something one day and then the other side saying no that's not right - how do we really know who is telling the truth? If, and it's a huge if, the actions of the council / ACL are as in this article then a lot of the blame has to be placed on them.
I said on here a couple of weeks ago when ACL were saying we weren't locked out of the stadium why didn't they call SISUs bluff and make a statement that whoever the FL deems to be in charge they will allow CCFC to continue to play at the Ricoh on the same terms as the last 3 matches of last season until a new deal is agreed, this article (again if true) shows why, because they won't offer SISU that deal.
One question really. If, as we all suspect, Tim is in fantasy land the surely some of this must be provable, couldn't the council or ACL take him to court for deformation or something similar?
usual spin, and cant be bothered to reply in detail
- How is it TF is running the club as we all know the Golden share is in ccfc ltd?
- season ticket sales to be announced, good luck with that going to be a big disappointment to you TF i think
- very close to the city isnt in the city
- Interesting on CWR this morning guy from Oxford supporters trust said Oxford pay £600k a year lease/licence in League 2 for 12500 capacity stadium and do not get the F&B's (their stadium cost £15m in 2001)
- seriously the cost of phones etc kept us from being viable????
- the request for three year deal made at end of January 2013, in TF's own words they had a plan to leave in December 2012, hardly negotiating in good faith
- there was a lease with 42 years left on it why would any landlord say ok just go do your own thing ?
- reinvest what back in the team? after paying off loans, the other running expenses, the wages based on a smaller FFP figure, interest to ARVO, return for investors, losses for the 3 years playing away from Coventry there wont be much left
- Actually the huge financial stress was the result mainly of 5 years of mis control and management. No not absolving ACL but lets be clear they do not run the club and certainly do not form the majority of the 30m losses to 31/05/11
- the ACL administration was withdrawn TF it was ARVO who put ccfc ltd in to administration - it is all in the administrators report if you care to read it
- Only way the club breaks even is to reduce costs to match income...... you know things like wages or interest paid to ARVO....... but income is about to nose dive for 3 years at least..... harder to finance the players on the pitch if break even is the target surely?
- lets be clear we were under transfer embargo before we went in to administration. You could have filed accounts July 2012 had you used a different strategy
- there was a deal on offer 29/01/13 (better than Oxfords it would seem) but SISU turned it down
- why is there old debt on the balance sheet when the takeover discounted that debt by 35m?
- did SBS&L actually ever pay out the old debt? No so why is it owed that money ?
- the debt hasnt been proven TF it is just the figure you have told the administrator.
- the 500K was actually grant money put to one side in an account that the club did not have rights to draw down but was legally required to top up.
- The £800k is not rent though is it Tim it is also the service charge for running the stadium usage by CCFC (light heat undersol heating repairs staffing of hospitality etc etc etc)
- what was the offer that was so generous - seems that the offer came from ACL (which was better than some other clubs get for lesser facilities)
- I would guess that ACL's bankers were also very happy with the deal that ACL did to clear the loan
- how was ACL going to be debt free if SISU apparently did a deal to take out the loan for them ?
- didnt the deal on the loan go through before the offer to reduce the rent etc on the 29th so why did the loan takeout terminate discussions?
- everyone and their dog knows that the main SISU tactic on anything is to head for the lawyers TF dont be so disingenuous...... who is going to be saddled with the lawyers costs i wonder? the club perhaps?
- SISU may have made proposals last December but it doesnt mean ACL/ council signed it or couldnt make other arrangements that they felt more appropriate for their business etc
- didnt actually answer question 9 TF
- A 125 year lease is viewed as the next best thing to freehold ownership, getting 50% of ACL on that basis was very valuable to the club
- forgot to mention that they agreed to buy out the debt 100% then changed their mind and wanted the council to buy 50% of it
- 50% of ACL still doesnt mean you access all the income TF
- there was I believe no contratc only Heads of Terms - those are not binding! as you well know from the dealings TF had with the Charity
- So what was it an offer on the table, heads of terms, a done deal ? make your mind up
- So what is the market rate for usage of the facilities? The fact we are L1 is not a great factor in that but is in the ability to afford any deal offered there is a difference
- no one is forcing CCFC out of the city other than SISU
- errr to be viable Tim you are going to need to costs including jobs/ staff etc ......
- the creditors listed show ACL owed £600k what about the rest of the lease which is a legal debt too
- oh by the way I can think of other creditors that should have been on the list
- there is of course a theory that SISU stage managed the whole thing to get to this point and got caught out by the Council backed loan
- retained specialists in December 2012 to get the land yet acted in good faith ? really?
wrote much more than intended ................ sorry
Spin.......
Please leave our Club Tim ........... most of us have had enough of your input
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