Coventry City owners Sisu wipe £61m of debt from club's accounts
CCFC profits up, losses down - but major investment needed
Accounts for Otium Entertainment, which is the football club business, show the Sky Blues managed to come out of the financial year ending in May 2017 with a gross profit...
I will try to explain this as simply as I can so that yourself and Grendel understand...
The club were made to be debt free as a result of restructuring by the FA. Since then, SISU have fiddled the figures and laden the club with self inflicted debt again, lending itself money and charging high...
So I am an imbecile...
Who is the bigger fool, the person who refuses to fund the parasite that is feeding of the club, or the person who continues to line their pockets in spite of all they have done to the detriment of the club?
Unfortunately, I am not in the financial position that I can...
SISU originally had a plan to return the club to the Premiership, and actually put funding in to the club. When that failed they turned their attention to obtaining the Ricoh. While the original "Operation Premiership" was just prior to SISU taking over, I refer to SISU's attempts at gaining...
Nope - I am a supporter of NOPM
When they go, I will return. They have done nothing to earn the trust or loyalty of supporters since they switched from "Operation Premiership" to "Operation Get the Ricoh as Cheaply as Possible"
No - I am far from happy that the club is so close to being closed down! But there is nothing I can do about it other than voice my opinion...
My opinion is formed by thinking what would I do if I were in their shoes...
If I were in SISU's shoes, I would know that to pursue legal action would...
I have very thick skin - maybe not quite as thick as the whale omelette that some people who post here possess for grey matter, and their abuse / insults do not trouble me, though I can understand why people can be hesitant to post!
I only log in when it looks like something important regarding the future of the club we grew up supporting may be happening, I remember this site exists and I have some time on my hands...
It isn't about Wasps at all - it is about SISU / Otium!
Like I said, I stopped going and never commented on the team as I have not watched them play at home since the move to Sixfields...
Once we find new owners, I will be one of the first in the queue for tickets!
I was a supporter for many years, never missing home games. I was a Sky Blue Pools agent until work meant I was unable to continue. I used to attend as often as I could, but when SISU took the club to Sixfields, I stopped going.
SISU / Otium have milked the club for all they can at every...
What relevance is that to the Ricoh? There has been no mention of rent being trebled and the building being unfit for purpose! As for kissing Mr Eastwoods arse, please explain where I have ever said anything of the sort...
If I were a tenant and unhappy with the landlord, I would look for alternative accommodation. I would not bother wasting time and money taking them to court crying because they had bought the property after I had stated I wasn't interested in it and was well into the process of building my own home!