Takeover complete? (1 Viewer)

wingy

Well-Known Member
I'm assuming If someone did a company check Otium would now have liquidity and submitted books and Ryton wouldn't have a mortgage on It ??
 

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covcity4life

Well-Known Member
im pro ccfc not pro/anti sisu

ccfc being owned by a company who have access to ricoh revenue is a great step forward is the point i am making, obviously sisu as owner is not ideal but i do beleive them when they say they are in it for long haula nd will invest in the team

also the above scenario would eliminate need for a new ground

haskell coming in as white knight is still my number 1 option of course.
 

RoboCCFC90

Well-Known Member
Of course I support Coventry City football club. But I mostly care for the long term future and where we will be in 10,15 or 20 years time.

How can you say you care for the next 15/20 years when the next when the next 2 years don't even seem to be safe right now?!
 

procdoc

Well-Known Member
im pro ccfc not pro/anti sisu

ccfc being owned by a company who have access to ricoh revenue is a great step forward is the point i am making, obviously sisu as owner is not ideal but i do beleive them when they say they are in it for long haula nd will invest in the team

also the above scenario would eliminate need for a new ground

haskell coming in as white knight is still my number 1 option of course.

What is it that has convinced you they will invest in the team? I'm certainly not convinced
 

wingy

Well-Known Member
Seems strange that with is being his preferred outcome he's allowed a two week time lapse between this decision and the Creditors meeting.:thinking about:
 

Joy Division

Well-Known Member
im pro ccfc not pro/anti sisu

ccfc being owned by a company who have access to ricoh revenue is a great step forward is the point i am making, obviously sisu as owner is not ideal but i do beleive them when they say they are in it for long haula nd will invest in the team

also the above scenario would eliminate need for a new ground

haskell coming in as white knight is still my number 1 option of course.

What makes you believe they will invest in the team? Just curious.
 

chiefdave

Well-Known Member
But what is the point in offering the club to say PHIV, if a SISU backed company which has already been named as the best bidder with regards of return to creditors can't agree a CVA as the main Arvo which is also owned by who SISU?? If SISU wanted to cut there losses and run then why not just let PHIV buy the club and get a return via a CVA??

I may have this wrong then, I thought the first things was a CVA proposal to creditors which, if rejected, could be authorised by the court provided they felt it was fair. Remember not only do SISU need to agree it more than 50% of unrelated creditors have to agree the CVA.

You could have a scenario that ACL refuse the CVA, the court rejects the proposed CVA and it then SISU have to either make an improved offer or Ltd is put back up for sale. What this seems to be saying is if ACL don't agree to the CVA the next step is liquidation.
 

covmark

Well-Known Member
Tough shit? Amazing, absolutely amazing. What a guy.

Sick to the back teeth of all the whinging fannys
And yes I'm afraid it is tough shit, like I said no one wants sisu here, but some of us are going to support the club no matter who's in charge. You can stick all this not one penny more bullcrap, boycotts, emails and poxy protests, I'm sure cov sphinx or Nuneaton could do with a few more fans go and watch them. Ccfctid
 

RoboCCFC90

Well-Known Member
I may have this wrong then, I thought the first things was a CVA proposal to creditors which, if rejected, could be authorised by the court provided they felt it was fair. Remember not only do SISU need to agree it more than 50% of unrelated creditors have to agree the CVA.

You could have a scenario that ACL refuse the CVA, the court rejects the proposed CVA and it then SISU have to either make an improved offer or Ltd is put back up for sale. What this seems to be saying is if ACL don't agree to the CVA the next step is liquidation.

Maybe you have this correct and I have my information incorrect it has to be said that my knowledge on the subject isn't brilliant. :D
 

Joy Division

Well-Known Member
How can you say you care for the next 15/20 years when the next when the next 2 years don't even seem to be safe right now?!

Because I don't believe the company that has lied to and ignored the fans, invested sod all into the team, happily let the club go into administration, happily let the team be docked 10 points, failed to submit the accounts on a number of occasions, overseen transfer embarbo's more than once and who want to move MY club out of MY city are in any fit state to run the club right now. The next two years don't seem safe BECAUSE of these people.
 

procdoc

Well-Known Member
Sick to the back teeth of all the whinging fannys
And yes I'm afraid it is tough shit, like I said no one wants sisu here, but some of us are going to support the club no matter who's in charge. You can stick all this not one penny more bullcrap, boycotts, emails and poxy protests, I'm sure cov sphinx or Nuneaton could do with a few more fans go and watch them. Ccfctid

So you will happily follow Sisu like a sheep if/when they move the club out of the city? It's mugs like you that Sisu rely on because they know they can get away with almost anything
 

RoboCCFC90

Well-Known Member
Because I don't believe the company that has lied to and ignored the fans, invested sod all into the team, happily let the club go into administration, happily let the team be docked 10 points, failed to submit the accounts on a number of occasions, overseen transfer embarbo's more than once and who want to move MY club out of MY city are in any fit state to run the club right now. The next two years don't seem safe BECAUSE of these people.

I agree they're not in a fit state to run the club, but I don't see the other options frankly if this goes through then getting behind the lads at Crawley on the first day of the season.
 

wingy

Well-Known Member
I may have this wrong then, I thought the first things was a CVA proposal to creditors which, if rejected, could be authorised by the court provided they felt it was fair. Remember not only do SISU need to agree it more than 50% of unrelated creditors have to agree the CVA.

You could have a scenario that ACL refuse the CVA, the court rejects the proposed CVA and it then SISU have to either make an improved offer or Ltd is put back up for sale. What this seems to be saying is if ACL don't agree to the CVA the next step is liquidation.

Is this why he made the reference to benficial ownership,Fight It and LTD Is gone ,then FL fight It out In court with Holdings If they dare??
 

RoboCCFC90

Well-Known Member
Ask yourself ,Why do you not feel secure??:thinking about:

SISU Wingy, but lets be honest they're not going anywhere and I will support my Football Club to Kingdom Come. I know we all hate SISU but the first game of the season at Crawley the lads are going to need the SBA Singing Together or what motivation is left for them?
 

Joy Division

Well-Known Member
Sick to the back teeth of all the whinging fannys
And yes I'm afraid it is tough shit, like I said no one wants sisu here, but some of us are going to support the club no matter who's in charge. You can stick all this not one penny more bullcrap, boycotts, emails and poxy protests, I'm sure cov sphinx or Nuneaton could do with a few more fans go and watch them. Ccfctid

What? people getting off their arses and trying to make a stand? Jesus.

Maybe its me being brought up listening to Public Enemy and you being brought up listening the fucking Killers or some shite
 

procdoc

Well-Known Member
What? people getting off their arses and trying to make a stand? Jesus.

Maybe its me being brought up listening to Public Enemy and you being brought up listening the fucking Killers or some shite

I like Public Enemy and The Killers, I must be on the fence!
 

Moff

Well-Known Member
No one is saying don't support the club. It seems as if the few members who have openly supported the owners are acting rather smug now, God knows why as this now means we will end up leaving the city

Seriously Prodoc who on here supports the owners, because I havent seen any posts stating that?

As usual if all else fails and people disagree lets just call them SISU lovers, sisu cock suckers, SISU apologists etc.

Another fucking slang fest. Great!
 

Joy Division

Well-Known Member
I agree they're not in a fit state to run the club, but I don't see the other options frankly if this goes through then getting behind the lads at Crawley on the first day of the season.

Robo, I'll be there at Crawley myself supporting the team. I love the club I grew up supporting with my Grandfather, god red his soul and my dad and my brothers. It really is in my blood, my bones and in my family and it so sad to see what is happening to our club. With SISU in charge I just cannot see ourselves making any kind of progress in the next 10 years I really can't. But I truly believe if we had 100% of the fans against SISU some kind of movement can be founded, a change can happen.
 

Joy Division

Well-Known Member
Let it go ......

Sisu keeping CCFC at the Ricoh is the next step.

Of course we will be at the Ricoh next season, I have never had any doubt that this whole process has been used as a tool to secure a better deal for the Ricoh, which it has done. I judt don't like the way this company uses the good name of my club and drags it through the mud filth just to get their own way. Morals and principles.

Be prepared for the Tim Fisher, "this is a new company, a new future and we are happy to make a deal with ACL" statement in the next few weeks.
 

Paxman II

Well-Known Member
What? people getting off their arses and trying to make a stand? Jesus.

Maybe its me being brought up listening to Public Enemy and you being brought up listening the fucking Killers or some shite

But at what point do you stop protesting and accept you lost the fight? The war can continue in other ways that will not affect supporting the players and the team.. Surely you agree we need to get behind the team and support them and the manager to try and do well? Success breeds success and we need to look at things with at least some positivity. Constantly crying in your beer will not change anything. keep you glass half full not half empty Coventrites!
 

blueflint

Well-Known Member
i hope that ACL cave in and we are left with a sisu owned ccfc who have full rights to ricoh earnings

thats what everyone wants after all(without sisu) but even with them its a business model that would work.

you are joking they would asset strip the ricoh as they have the football club we would be worse off then than we are now
 

RoboCCFC90

Well-Known Member
Robo, I'll be there at Crawley myself supporting the team. I love the club I grew up supporting with my Grandfather, god red his soul and my dad and my brothers. It really is in my blood, my bones and in my family and it so sad to see what is happening to our club. With SISU in charge I just cannot see ourselves making any kind of progress in the next 10 years I really can't. But I truly believe if we had 100% of the fans against SISU some kind of movement can be founded, a change can happen.

I am glad you'll be there and as much as I want SISU and Fisher gone I can't see them going or why not just accept a pay off that they would have received by not bidding for the club and allowing someone like PHIV to take over?!
 

blueflint

Well-Known Member
But at what point do you stop protesting and accept you lost the fight? The war can continue in other ways that will not affect supporting the players and the team.. Surely you agree we need to get behind the team and support them and the manager to try and do well? Success breeds success and we need to look at things with at least some positivity. Constantly crying in your beer will not change anything. keep you glass half full not half empty Coventrites!

never til SISU have gone
 

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