The Philosopher
Well-Known Member
So if the investors were to get 51% of this vampire company, will they be the main STAKEholder?
(Halloween themed pun)
Gets coat.
Wasps going into admin & the impact on CCFC (9 Viewers)
- Thread starter Alkhen
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(Halloween themed pun)
Gets coat.
fernandopartridge
Well-Known Member
Yeah, it's basically buying the badge etc isn't it
covcity4life
Well-Known Member
Fucking I just caught up with all of today's posts. I avoided news all day and read the thread unspoiled like it was match of the day lmao
At least we own the stadium now though. That's why the game is on at CBS tmrw because we make the fucking rules now
Wooohoh
At least we own the stadium now though. That's why the game is on at CBS tmrw because we make the fucking rules now
Wooohoh
And kappa
SkyBlueSam01
Well-Known Member
Apparently Gilbert has suggested a 51/49 deal between SISU and American investor? Can't see it on twitter but maybe on fancast?
NorthernWisdom
Well-Known Member
If he has then saddlebrains actually has a proper source, which would be as mental as anything else that's happened.
Liquid Gold
Well-Known Member
Unfortunately they might look to sell Julian Gray though.
no_loyalty
Well-Known Member
I have not read any of this thread today as have been at work, are we expecting Joy, Tim and Dave to be linking arms on the pitch tomorrow night pre match, with an announcement Sisu have purchased the stadium?
skybluetony176
Well-Known Member
Just caught the headlines for BBC Midlands Today and it says the deadline is midnight. So maybe any updates were always only going to happen at the start of business in the morning.
Calista
Well-Known Member
Think your speed-reading has got ahead of itself a bit
Johnnythespider
Well-Known Member
Gilbert is saddlebrains
SkyBlueSam01
Well-Known Member
It would be just their style to turn the announcement into some kind of utterly bizarre ceremony.
I'm thinking the three of them slowly march out with arms linked as Carmina Burana plays over the tannoy. Probably a blood sacrifice of one of the U21s in the centre circle as they sign the contract too.
Skybluedownunder
Well-Known Member
HuckerbyDublinWhelan
Well-Known Member
That NEC bid would be a disaster of epic proportions
Torquay Sky Blue
Well-Known Member
Saddlebrains is the defunct Believer
SkyBlueSam01
Well-Known Member
Where is the article?
covcity4life
Well-Known Member
You think they would have zero interest in ccfc? Just want us as tenants?
CBS Arena bids expected to secure Coventry City home fixtures
Coventry City stadium news from CoventryLive as the CBS Arena is the subject of interest from two firm offers
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Yeah that's why I chose not to believe it. Can't cope with that
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Brighton Sky Blue
Well-Known Member
If it's just two that might suggest SISU have had a good enough offer from Ashley.
hutch1972
Well-Known Member
Only kind of update today is Ashley is 100% still in the game and he would be stadium + club
Wasps takeover means fuck all, they wont get a sniff of the stadium . Apparently
True ,but those f**c wits are twice as bad.
chiefdave
Well-Known Member
We've had days of people saying nobody would bid before liquidation as they'd have to sort out the debt and bondholders but now we're talking about multiple bids. So why are people bidding before it's all gone tits up and there's not a huge debt that needs dealing with?
no_loyalty
Well-Known Member
Please let this be true.
Nick
Administrator
He doesn't actually confirm who it is.CBS Arena bids expected to secure Coventry City home fixtures
Coventry City stadium news from CoventryLive as the CBS Arena is the subject of interest from two firm offerswww.coventrytelegraph.net
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H
SHUNT31
Well-Known Member
It’s just all round shit journalism.
“Coventry Live understands” means absolutely nothing. He is using what someone on Twitter posted earlier saying they worked there and had been told two bids have gone in.
He knows absolutely fuck all. Shit rag that should be dissolved.
Liquid Gold
Well-Known Member
Looks to me like a pre-pack.
Chuck Richardson something to take it pre-admin and have the administrators offering % in the £ to creditors as only offer.
May see it as less hassle than going through the legal wrangling of the council obtaining ownership then attempting purchase from them.
Talks about NEC and then says 'it is not clear yet who the second bidder is'
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Skybluedownunder
Well-Known Member
Wasn’t Gilbert, it was [mention]Saddlebrains [/mention]
Saddlebrains if this is true we will forgive you for Billy Gilmour
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SHUNT31
Well-Known Member
NEC Group getting the Arena is the worst of all the current parties, and by some distance.
We would be a tenant with a landlord that doesn’t really give a shit. It would be no different to Wasps.
They would probably scupper the deal with CBS and rename the ground the NEC Arena or something similar. Whilst this is not particularly an issue, there is a clause in the sponsorship deal that the seats remain Sky Blue. That guarantee would be also be gone.
We would be a tenant with a landlord that doesn’t really give a shit. It would be no different to Wasps.
They would probably scupper the deal with CBS and rename the ground the NEC Arena or something similar. Whilst this is not particularly an issue, there is a clause in the sponsorship deal that the seats remain Sky Blue. That guarantee would be also be gone.
Nick
Administrator
Yeah but he doesn't actually confirm they were the first accepted.
shepardo01
Well-Known Member
No, she keeps blowing hot and cold....
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