If Ashley offered 30m SISU would be gone tomorrowHow about this:
MA pays £30m for 51% of the club.
The other 49% stays with SISU at 4% over LIBOR or similar and redeemed at promotion to PL for say, 30m
That way SISU don’t have control and haven’t damaged their balance sheet.
There was nothing to stop SISU putting in a pre-pack admin offer same as MA - which leaves me of the opinion that either they’re simply incompetent, or that there’s more going on than meets the eye.
NoIf Ashley offered 30m SISU would be gone tomorrow
If Ashley offered 30m SISU would be gone tomorrow
Absolutely nowhere near any of it, I hope.Now then, where is that Gary Hoffman….
They always seem to make catastrophic misjudgements. Assumed they were the only game in town. Treated local politicians and the charity as if they were just another helpless business to be distressed. Didn’t realise that if the Arena became available debt-free there would be bigger fish in the pond than them. And now they probably imagine the ‘new stadium’ gag will work on a different audience.SISU seem to have a history of arriving at the party too late or even the wrong party
Simply misjudged it or havent got access to the funds for this particular project. Now the lease assignment agreed in principle and subject to final sign off, which was why CCC was involved and the timing of the ACL administration announcement, SISU and every other bidder is out of the equation for now.
Administrators wont want to break the agreement as may become liable for breach etc, if leases already gone across then ACL isnt left with anything that another party could use to trade from
Not saying he is or would be, just pointed out that they’ve (GH/MA) had dealings before.SISU seem to have a history of arriving at the party too late or even the wrong party
Not sure why we need Hoffman involved, personally I wouldn't want him to be.
How about this:
MA pays £30m for 51% of the club.
The other 49% stays with SISU at 4% over LIBOR or similar and redeemed at promotion to PL for say, 30m
That way SISU don’t have control and haven’t damaged their balance sheet.
I think SISU are a lot cuter than everyone is giving them credit for.
Remember the Times article?
Why not Hoffman, I'd like to see some local connection if Ashley eventually gets the club, chief executive or something similar.SISU seem to have a history of arriving at the party too late or even the wrong party
Not sure why we need Hoffman involved, personally I wouldn't want him to be.
I just can’t see how he would be interested in the Arena if he wasn’t interested in CCFC too. What concerns me is that he might be interested in Wasps too which means we haven’t seen the back of them. If what people are saying is true about Wasps having to play at least 2 years in where they last played this would mean MA is the only viable option for Wasps survival. On that basis you would think he could pick them up for peanuts so why wouldn’t he, it’s a fresh audience for the Sports Direct brand, it expands his interests in sport and so what if they can only sell 4000 tickets, just open only one stand like we have for the Johnson’s paint trophy games. Got a bad feeling we haven’t seen the last of Wasps.
Why not Hoffman, I'd like to see some local connection if Ashley eventually gets the club, chief executive or something similar.
I think SISU are a lot cuter than everyone is giving them credit for.
Remember the Times article?
We need a fresh start.Why not Hoffman, I'd like to see some local connection if Ashley eventually gets the club, chief executive or something similar.
Will wasps be renting too then ? Or they deffo finished in Coventry?
Course they would, I’m sure I’ll be corrected - but I’m sure someone said they’d but In around 20-30 mil altogether. If they got their money back they would be goneNo
They can’t afford to do that, see previous.
Any talk of “tax losses write off” isn’t applicable
That's a logical and rational theory on next steps OSB. And I agree with BSB in that I can't see SISU continuing to slowly bleed the club for £1-2m a year when they could get say £20m now from MA to do one.
Also, there's no way SISU could now leave the CBS at least for the duration of the existing lease. It would cost them money in lost revenue and they ain't gonna distress MA!
Of course he’s involvedSISU seem to have a history of arriving at the party too late or even the wrong party
Not sure why we need Hoffman involved, personally I wouldn't want him to be.
It would be better to get Coventry City ladies at the CBS. Womens football is booming and they would probably get bigger gates.Surely they’re finished in Coventry, they were only getting crowds of 5000 and most of them would have been the bondholders that are about to get fucked over
SISU are just trapped by this investment no matter how they spin it.Not doubting their intelligence or skills, but right now everyone seems to be looking at things as a CCFC fan desperate for change. No doubt if ACL sale goes through SISU have backed themselves in to a hole and their negotiation cards are fewer
I went to the game last night not really up for it, what with everything going on off the pitch. Was highly entertained and came away on a high, then hear ACL gone into admin. Now reading today I'm back despondent, not knowing what's really going to happen to our club. Too many what if scenarios out there at the moment. I just want someone to come out and say this is the deal, it's all been signed sealed and delivered, now move on, is that too much to ask for
Dale EvansWhy not Hoffman, I'd like to see some local connection if Ashley eventually gets the club, chief executive or something similar.
What about Dawkins local & big fan, and his American contact. Nothing said from him for a while other than a recent quote from Richard Overson with him saying one step forward two steps back. ??Why not Hoffman, I'd like to see some local connection if Ashley eventually gets the club, chief executive or something similar.
What about Dawkins local & big fan, and his American contact.
On the Wasps point and if they may play at CBS. This time round they would have to pay rent and with the crowds they get etc I can’t see how they can afford to.
What about Dawkins local & big fan, and his American contact. Nothing said from him for a while other than a recent quote from Richard Overson with him saying one step forward two steps back. ??
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?