Some will.
You won't as you know he is right as usual
Which particular bit?
And do you really think that that matters to them so long as they get their grubby little hands on the one asset that has any value????/SISU hold the future of our club in their hands. The longer this crap goes on the less I trust them. The future of our club is at risk.
SISU hold the future of our club in their hands. The longer this crap goes on the less I trust them. The future of our club is at risk.
And do you really think that that matters to them so long as they get their grubby little hands on the one asset that has any value????/
But ultimately do you trust your bank? Do you trust the salesman trying to sell you a car? Unlikely but you go with it and hope it all works out to your benefit.
If it does and ACL fall by the wayside I care not. If it doesn't then we will be back to where we were 5 years ago.
Fair play to you to want SISU to make money out of a local charity.
It is so wrong. I know right from wrong. I have morals. I could never change my mind on the matter.
SISU hold the future of our club in their hands. The longer this crap goes on the less I trust them. The future of our club is at risk.
As I have said many a time, this isn't just about Coventry City, it is about the city of Coventry.
I want the best solution for all parties so that no side loses to the degree that it puts them out of business or prevents them from functioning.
There has to be a compromise surely? It has to incorporate a degree of fairness in the outcome.
Well that's the way i am thinking.
ACL a while back did mentioning paying 'some of the rent.' Surely a gesture can be made of some payment to keep some goodwill and prevent any action against the club while negotiations continue.
Just think some payment can keep the sides talking on relatively decent terms, rather than the way things seem to be turning very sour and with a degree of resentment apparently, based on the language we are hearing from the differing camps.
SISU have already appointed proffesional third party people I believe.
ACAS are more employee based resolution. This is two companies in dispute about rent
Turnover is NOT profit!
ACL DO NOT MAKE £17 million
ACL have a TURNOVER of around £17 million - this is a MASSIVE difference!
ACl are making a profit of just over £1 mill/yr - the RUNNING COSTS are around £16 million
It seems this thread is being sabotaged by people who really don't know intricacies.
ACL took out a loan of £20 million to allow the Ricoh to be built. It currently owes £16 million on this loan.
Ricoh's ability to hold events / concerts is limoited because it has to arrange everything around football matches. If SiSU took brand CCFC away, it could all too easily fit a roof, and make it a 365 day/yr event venue! Currently it can only hold 2/3 concerts / yr - with a roof it could hold far more.
On top of that, it is not beyond the wit of man that it could turn into a smaller NEC type venue. All you have to do is go there midweek when an event is being held just to show how profitable such a site could be!
Whilst it is true currently they rely on 20% of income from the club, yet it could all too easily compensate for any drop in revenue by holding more events!
Do people honestly believe companies like Argos, Nationwide, Plumbing distributors care that the Ricoh is home for a League 1 club? They go because currently the cost of exhibiting there is roughly 1/3 the cost of the NEC!
You are kidding yourselves if you genuinely believe the Ricoh couldn't survive without cov's fans.
It would be a jolt - but NOT a life-threatening jolt!
Why else do you think a Mayfair based hedge fund would even consider taking on a club based there?
Cov are the lifeblod of the ricoh - you are deluding yourselves!
SiSU are relying on fans making things awkward for ACL by misleading fans, threats and intimidation. They got the shares for free, now they are trying to rip-off a charity whose "crime" was to take out a £20million loan to ensure CCFC had a home!
Bear this in mind when you slag off "evil" ACL. After all it was ACL who came to the rescue when no-one else did!
SISU OUT
total tosh, acl was not formed to ensure ccfc had a home it was formed so greedy little men could get their hands in the pot it was a pure and simple money making decision.
the saddest part about everything is people gladly like to talk about profit, exhibitions and using the words ccfc and the nec in the same sentence. it makes me sick, this was a family club in the heart of a city for the people. its all gone because of cockroaches like you
the saddest part about everything is people gladly like to talk about profit, exhibitions and using the words ccfc and the nec in the same sentence. it makes me sick, this was a family club in the heart of a city for the people. its all gone because of cockroaches like you
Turnover is NOT profit!
ACL DO NOT MAKE £17 million
ACL have a TURNOVER of around £17 million - this is a MASSIVE difference!
ACl are making a profit of just over £1 mill/yr - the RUNNING COSTS are around £16 million
It seems this thread is being sabotaged by people who really don't know intricacies.
ACL took out a loan of £20 million to allow the Ricoh to be built. It currently owes £16 million on this loan.
Ricoh's ability to hold events / concerts is limoited because it has to arrange everything around football matches. If SiSU took brand CCFC away, it could all too easily fit a roof, and make it a 365 day/yr event venue! Currently it can only hold 2/3 concerts / yr - with a roof it could hold far more.
On top of that, it is not beyond the wit of man that it could turn into a smaller NEC type venue. All you have to do is go there midweek when an event is being held just to show how profitable such a site could be!
Whilst it is true currently they rely on 20% of income from the club, yet it could all too easily compensate for any drop in revenue by holding more events!
Do people honestly believe companies like Argos, Nationwide, Plumbing distributors care that the Ricoh is home for a League 1 club? They go because currently the cost of exhibiting there is roughly 1/3 the cost of the NEC!
You are kidding yourselves if you genuinely believe the Ricoh couldn't survive without cov's fans.
It would be a jolt - but NOT a life-threatening jolt!
Why else do you think a Mayfair based hedge fund would even consider taking on a club based there?
Cov are the lifeblod of the ricoh - you are deluding yourselves!
SiSU are relying on fans making things awkward for ACL by misleading fans, threats and intimidation. They got the shares for free, now they are trying to rip-off a charity whose "crime" was to take out a £20million loan to ensure CCFC had a home!
Bear this in mind when you slag off "evil" ACL. After all it was ACL who came to the rescue when no-one else did!
SISU OUT
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