This is essentially the question I was pondering in this thread yesterday:
http://www.skybluestalk.co.uk/threads/31119-Which-CCFC-do-you-support. Which company do we fans consider to be Coventry City? CCFC Ltd or CCFC (Holdings) Ltd? One can trace its founding date back to 1907 (not 1883 mind) and is owned by Sisu, and the other had the last recorded right to play in the Football League and is in administration. Stupot07, Grendel and CovMark say one, while Mark82 and RedSalmon say two.
I agree with what WFC said in the other thread yesterday: We fans have more power than we often believe we have. Which company we decide to back could play a major role in swinging how this debacle plays out. If the fans overwhelmingly back option 1, then we are surely supporting, or at least accepting, Sisu has the right to be doing what they doing, or may have the stronger legal claim to the FA Cup win and that that matters above all else. If the fans overwhelmingly back option 2, then that is saying the company that had the last clearly defined and recorded right to put 11 men out on the pitch to represent Coventry City is the true Coventry City (and if that is different from the company that owned the team back in '87 that is a decision made by the board in the 1990s that we cannot reverse) and anyone who buys CCFC Ltd will have the support (even if they don't receive the golden share back) of those who believe Coventry City belongs in Coventry.
I wonder what reaction the Football League would receive if the fans overwhelmingly tell it they believe one of the companies represents CCFC, and they give they give the golden share to the other company?
Sorry if I am over simplifying here, but the basic point I was trying to make yesterday was we have the power, if we work collectively or by a large majority, to decide what constitutes CCFC. Whichever company does not have that support will either need a lot of external funding or face extinction.