Take of the blinkers and take your fingers out of your ears. It's not just SISU who have made this a bad situation all round. The Council and ACL need to look at themselves too. We could have all the concessions, etc for £24M?! No wonder they are thinking about their options and moving. No, SISU haven't handled this well, but the Council and ACL are motivated by greed and are not doing what is best for the football club and ultimately for the city of Coventry.
Good balanced view there touch.
Apart from the last bit the council motivated by greed? Really?
They might not be doing whats best for the football club but tell me what benifit does the city and people of coventry get from handing the stadium over to Sisu.
If anyone is blinkered it is you and Grendel because all you care about is ccfc and don't look at the bigger picture !!!!
And what is the "bigger picture"? You tell me.
People like you want SISU out. They're not going anywhere because they are all we have and there's no knight in shining armour waiting in the wings. Why? Because Coventry City is in all intents and purposes homeless; sleeping on someone's sofa. Any potential investor/buyer will want a part of the action; part of the Ricoh so they can make money. Any future owner will be no different to the current one. A future investor will look at what is going on and think that ACL/The COuncil are inflexible and not bothered about their club, hence the "hell will freeze over" before the Club get the stadium. Hardly a statement to make you want to get your chequebook out, is it?
You're bang on about one thing though, all I care about is the Club, Coventry City, which is why I'm on their "side" in all this.
I fear you are wasting your breath. Most people just don't want to hear that or are simply too stupid to understand the realities.
I admire your persistence though, and I'm not sure I have the energy to continue to argue with the SISU-OUT monkeys.
The actions of ACL/CCC in this affair have been shameful. Hopefully one day people will see beyond their hatred of those people that continue to fund our loss-making football club and keep it in existence. How dare those feckers continue to pump their own money in CCFC in order to keep it afloat? What a liberty :facepalm:
Blimey! Another one who can see the real bigger picture. Prepare to be hung drawn and quartered by the council loving lunatics.
Blimey! Another one who can see the real bigger picture. Prepare to be hung drawn and quartered by the council loving lunatics.
I like to think we form the silent majority, but perhaps we should be a bit more vocal because I genuinely think the Council believe they have widespread public support for their position. I do not believe that is the case, and I think many people understand that the football club is part of the fabric of this city, and for the local authority to be actively working against the interests of that football club (and ultimately their own as the Ricoh is not viable without CCFC), is creating a lot of ill feeling.
It's a pity there are no local elections in May.
I forgot it was the council who sold Highfield Road and pocketed the cash for themselves. Also forgot that the money that went into building the ground came out of the ether and not the council funds. Most of all, the devious council sold our share in ACL to pay off debt.
Nasty nasty council. Contracts are there to be broken after all.
I forgot it was the council who sold Highfield Road and pocketed the cash for themselves. Also forgot that the money that went into building the ground came out of the ether and not the council funds. Most of all, the devious council sold our share in ACL to pay off debt.
Nasty nasty council. Contracts are there to be broken after all.
Sorry ferret, but the club had its stake in the stadium which was sold by McGinnity to pay off debt-that was not the council's doing and was a result of financial mismanagement which the club, and the club alone, was to blame for. Had this not happened none of this fiasco would have had to unfold.
I don't think anyone, at least I'm not, disputing that it was the Club - for that read Richardson - who started the ball rolling and we've been struggling ever since. However, I do think the Council certainly took advantage of us in our "hour of need". They bought our share ridiculously cheap and pegged a rent that was ridiculously expensive, so while I agree with one half your post, I don't agree when you infer that the Council are poor little innocents.
The rent and the purchase of our share was wholly advantageous to the Council/ACL quango. Regardless of who was right or wrong, no one in the "Football Supporting Council" gave a hoot about the football club and it's future. And that hasn't change, IMHO.
The council didn't buy our share, it was the Higgs Charity. The club is to blame for its own predicament-from selling its stake to getting relegated twice; I'm sorry, but that's the honest reality of the situation.
We could perhaps focus on the Tesco land deal then, brokered by the football club generating millions that went into building a stadium that they then had no stake in. The Council did very well out of that and the fact they never gave the club some concession for the fact they had contributed hugely to the finances required to build the Ricoh was appalling (but you could blame McGinnity et al for letting that happen).
Let's tackle another myth. The rest of the money required to build the Ricoh did not come from 'council funds', why do people persist with this nonsense? It was a bank loan, pure and simple which until recently was serviced wholly by ACL from operating revenues. NOT A PENNY of council money has ever gone into the Ricoh.
Yes, the council have now settled that loan, which they have done by taking out ANOTHER loan, which again will be paid by ACL, but this time direct to the council (who having secured a better rate of interest on the settlement loan will now PROFIT from those loan repayments by ACL). The whole thing has been WIN-WIN for the council from day one.
It was sold to the Higgs Charity, for the millionth time Torch. It wasn't wrestled off the club, we chose to sell it to pay off debt without thinking of the long term implications.
YEs, you're right, of course. The whole Quango. Still, the Quango did not help the club. They charged an exorbitant rent from day one as they knew we had no other choice.
Either way I'm sick of hearing about the poor little charity and the poor council.
So how much has that cost them a season? If we're losing this much money, the rent is a drop in the ocean of debt, surely?
And the rent was pegged at a ridiculous amount with the Quango thinking of the long term implications. Hence, why I think all on the ACL/Council side are greedy and are not thinking about the future of CCFC.
The charity is the sole reason we still have academy grounds as they were the ones who put up the funding (Hint, 'Alan Higgs' Centre). How you can criticise a Coventry charity which does a lot for the local area is beyond me-why not criticise the people who ran us into debt and decided to sell our stake to pay it off?
They came to the negotiating table with the club when it was requested (intriguingly CCFC decided not to do this at any other time since 2005), offered major reductions, which were refused and the club continued the boycott with no legal basis for doing so. It's completely self inflicted-the whole royal mess.
I do. And on a regular basis. But the identikit "SISU OUT!" brigade cannot see where the this whole sorry mess started. You can hint as much as you like about the Alan Higgs Centre. I can easily criticise the Charity as they have made a packet from the club and own a huge piece of real estate that they should not own. They were happy to sell, but the idiot Mutton decided to knock that idea on the head.
I love this repeated slagging of the 'Quango' from someone who's favoured political party brought in hundreds of the money wasting organisations who are now part to blame for the current governments financial problems.
You're right, Dongo. Maybe greed isn't the right word. However they are, for whatever reason, being bloody minded and unreasonable. OK, so they don't like SISU but both sides are damaging the Club.
And the club have agreed that the £400K (not £150K!) is fine. It's the concessions that we need to get our hands on. If we don't then we are well and truly stuffed. I really do wish there was some way we could leave the bloody Ricoh and get our own ground. I have really come to dislike the place. A millstone that is dragging us under the water. With the foot of ACL on our head.
The whole ACL/council stadium stance sums up why I left Coventry a few years back. Yet, most people I speak to think the council have an anti big business agenda which SISU falls into. Leftie loons who infest sites like this one will never agree. If the council said to the club, play there for free, you just maintain the facility, they would be outraged. W.ankers.
Like I said, Identikit "SISU OUT!" brigade who ignore where the whole mess started.
Keep your hair on, I think everyone knows who really nobbled the club, some of us were just hoping that new owners could improve the situation, not make it even worse !
The charity is the sole reason we still have academy grounds as they were the ones who put up the funding (Hint, 'Alan Higgs' Centre). How you can criticise a Coventry charity which does a lot for the local area is beyond me-why not criticise the people who ran us into debt and decided to sell our stake to pay it off?
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?