Twitter rumour (1 Viewer)
- Thread starter CUS Wyken
- Start date
AFCCOVENTRY
Well-Known Member
Put the twitter link on the bb pls
IrishSkyBlue
Facebook User
By the time theres a takeover ill have flown over to my first cov game by end of the season ha.
EleanorRigby
New Member
Was told at the weekend the Ricoh side of the deal, which doesn't concern SISU is done and dusted, exactly what that means I don't know, is it the Higgs Trust, the Council or both ? But SISU still playing hard ball
oldskyblue58
CCFC Finance Director
got my doubts ER (not doubting you were told it and you are relaying it in good faith).... my understanding is that neither the council nor charity will even consider selling their interests in ACL or freehold until they know that the club is viable (plus other criteria)- i don't see how that assurance can be given without owning the club. Not sure the charity or ACL have had detailed talks about any disposal from what i know. Of course the council could sell the freehold but that still means proving viability. NOt saying what you heard is wrong just that i would be surprised if it was accurate right now
mark82
Super Moderator
They may have been able to provide proof of funds, etc..
First sign it would be in the right hands is potential new owners recognising the club need to own the stadium to be viable. No reason they couldn't agree a deal in principal with certain conditions (i.e. owning the club)
Flying Fokker
Well-Known Member
Would that mean Hoffman can put the rent up to 3 million per season and force SISU to groundshare with Cov Rugby Club?
AFCCOVENTRY
Well-Known Member
Still no posting of the twitter link.... 
oldskyblue58
CCFC Finance Director
not what ER was told though is it .... was told the deal was done ......... which you might think ACL and charity would be aware of. Proof of funds could only be provided on any purchase of the stadium because they dont know what the deal is for the club. But viability isnt about the purchase price of the club it is the detailed plans going forward
Owning the stadium is not the only way to be viable and buying it creates a liability and an asset in equal proportion on the balance sheet. Owning or having rights to the income streams is the important thing and you dont need to buy the stadium to do that.
I want SISU out but this is also a great opportunity to set our club up properly and that isnt necessarily dependent on buying the stadium or the 50% shares in ACL
Owning the stadium is not the only way to be viable and buying it creates a liability and an asset in equal proportion on the balance sheet. Owning or having rights to the income streams is the important thing and you dont need to buy the stadium to do that.
I want SISU out but this is also a great opportunity to set our club up properly and that isnt necessarily dependent on buying the stadium or the 50% shares in ACL
rob9872
Well-Known Member
Ok its an ideal world, but I want all of the ownership to the ground and the income streams and no rent to pay. We can then plan properly and reap the benefits of anything we actually make. I would have sacrificed league standing to get this and said dimilar last year when were selling and not investing, in fact I thought for some time that was the major plan of SISU and Icould have accepted all of this crap if it was as it would create long term stability. Now it looks like we have reliquished league standing and still nowhere near owning the income stream.
The one gamble imo is whether you buy now or finance a team to get in the PL and then purchase out of the extra income knowing full well you'll go down that season but on a better footing. Tough call but owning is important for long term imo.
The one gamble imo is whether you buy now or finance a team to get in the PL and then purchase out of the extra income knowing full well you'll go down that season but on a better footing. Tough call but owning is important for long term imo.
It may not seem economically a priority at the moment but to the longterm future and to improve fan affinity it has to be done ,and assuming a takeover by some miracle is achieved ,hold your breath ,i hope they can conclude this aspect.
J
Jack Griffin
Guest
Grasping at straws mate, here is one, from real Deegan.
https://twitter.com/#!/GaryDeegan87/status/169139745216147456
LastGarrison
Well-Known Member
Still no posting of the twitter link....
That's the thing with Social Media sites you don't need to have read the actual tweet as it then spreads through Facegeek, text etc.
I would imagine, like I have tonight, he has probably heard/read it elsewhere.
If anything it just shows how absolutely desperate we are for good news that things like this travel so fast.
Si80
Well-Known Member
ajsccfc
Well-Known Member
Cov Mad misleadingly list the fake meeting story with a headline that suggests it's real to pull in people and then goes with:
With no statement from the club as to the result of any such meeting, it appears that the fakers, some of whom are being investigated, it is understood and could end up facing possible legal action, may have struck again.
'It is understood' that Cov Mad makes up shit on the spot. Further evidence can be found above.
With no statement from the club as to the result of any such meeting, it appears that the fakers, some of whom are being investigated, it is understood and could end up facing possible legal action, may have struck again.
'It is understood' that Cov Mad makes up shit on the spot. Further evidence can be found above.