In Telegraph. Says he might try and help SISU! Also says when he left our overdraft was £7.4m and other debts were 'soft' loans from Robinson and Higgs. Paul Fletcher backs him up on some things too. Is this the start of it all coming out in the wash?
Liar, liar, liar, liar, liar.
what’s he lied on then ?
reading the article the figures seem to add up
I think, as is stated on other threads, that this muppet is the principal reason that we are in the financial position that we are in.
If he wishes to have any involvement, which , again in my opinion, would be a disaster, then let the full facts be revealed and dispense with the "confidentiality clause" that everyone is hiding behind!
SKY Blues fans have reacted angrily to Coventry City's latest accounts which show the club pounds 60 million in debt.
They are unhappy that the club's chairman received a bonus while the club was dropping from the Premiership into Nationwide League Division One.
Some supporters are now planning to re-launch their campaign to try to oust chairman Bryan Richardson. The Save Our City campaign will resume with new vigour at Sunday's televised game against Watford.
Protesters cooled off their action after manager Gordon Strachan left the club, which saw a turn-around in fortunes under replacement Roland Nilsson.
But their anger has been re-fuelled after the accounts were published.
Joe Rukin, Save Our City campaign co-ordinator, said fans plan to wear costumes and hold placards at the game calling for Richardson's head.
He said: "The longer Richardson stays at the club the worse it will be for the future of the club."
The Sky Blues Supporters' Club said the accounts showed an "inevitable" debt of pounds 59,613,661 but queried a payment awarded to Mr Richardson.
Mr Richardson's remuneration package rose to pounds 588,045 from pounds 217,432 the previous year.
The amount included a bonus for the chairman's work in selling the shopping development on the Foleshill gas works site where the club hopes to build a new stadium.
But supporters were unhappy with the bonus - which had been awarded for work done in an earlier year - and said it was "crazy" they still had no stadium of their own.
John Haddon, secretary of the Sky Blues Supporters' Club, said: "I think it's something that was inevitable - it was going to happen after their performance last year.
"It's absolutely ridiculous to have a bonus at a time when the club has been relegated and they're losing money as well.
"They've spent money on players when it wasn't their money but loans which they're going to have to pay back.
"We're down-to-earth people and are amazed at the amounts of money involved, especially in Mr Richardson's case, but apparently he has a bonus there from a retail development where none has occurred.
"I don't think he deserved a bonus in the year we were losing money and the team was relegated. We're unhappy about the overall situation.
"We must be the only club in the league that doesn't have it's own ground.
"The supporters here can't see any way out of this debt without some knight in shining armour coming along and buying Richardson out.
"But who has got that sort of money?"
The club's annual general meeting takes place on Friday, December 21.
OK M&D. Richardson said when he left the debt was £7M. The accounts at the time showed £60. When Sky Blues shareholders met for the club's annual general meeting in December 2001, they blasted chairman Bryan Richardson for getting the club into that much debt. Robinson said he had to go because the Board were worried about the long term financial future of the club. The accounts don't lie. Richardson does.
Keep defending him if you must, but he's the main reason we are where we are. He should never be allowed back in the City.
As I recall when he left there were a number of clauses that his successors were not permitted to reveal and were legally binding if they chose to break those confidences. It strikes me as odd that he would go to such lengths if there was nothing dodgy to hide among his dealings.
As it was we know that he had a % of transfer activities (in and out) hence why he was signing players that even his manager didn't know about. Also its easy to talk about the book position when he left, but lets not forget that salaries, running costs, tv revenue and all other associated income and expenditure were significantly less during his tenure, so to amount such debt is catastrophic and is still the reason we have never caught up.
More importantly of course than all of this is the fact that he sanctioned the sale of the ground and rented back from the council which is the true root cause of our problems. That income was also taken account of in the clubs debt when he left so the true figure would have been significantly more.
This man is WORSE THAN SISU and should never be near our football club again. All of the people who refuse to watch the City whilst SISU remain in charge, if BR takes control I will give up on them completely.
To me he is worse than Hitler.
Richardson gave us the best football players we had seen since the 60s to 70s by far.
He had the vision of the ricoh and put a good deal in place. . He got us50 percent of the ricoh profits.
I believe everything he says as it all fits. ..
The council are killing our club and some fans need to wake up.
Fletchers no fool. Neither is robinson. .. we could do with both of them back ... did you see his comment. ..'and we have a board meeting tomorrow' I wonder if they are considering either taking over or joining forces with sisu. I hope so robinson knows what it takes to beat the council.
One things for sure. .. its war now
Agree with you but wouldn't go quite as far as bad as Hitler
On another matter a charge has been registered at Companies House dated March 2012 in favour of AVRO Master Fund Limited. It covers all CCFC and CCFC Holdings assets. Please explain TF, SISU etc ........... am far more worried by this than BR spouting off in the press
Look at his figures. Ffs man
These guys don't talk figures ever. .. take it as truthful unless you hear richardson being sued for libel. .. not going to happen. He sold players to pay for our debts. . We knew that then we know it now.
Richardson ... sisu are not the bad guys here. .. the council are. Acl are. They have held sisu back and drained them of income.
Simply owning a clubmeans nothing without a ground
Sorry to be a bit thick (been a very long week) but what does this mean in laymans terms?