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  1. oldskyblue58

    New stadium meeting with RBC

    lot of contradiction, plenty of buzz words and descriptions that we all know will appeal to any council it seems to me. The thing that first comes to mind is that it seems little has actually been done and that the process was really kick started once the Ricoh was sold on to Wasps Then...
  2. oldskyblue58

    For the Frank haters

    agreed successful teams are but that isn't the point I made. Its not about where any player came from its what he brings to our team. I don't think he brings enough, yes there are flashes but few and far between. In the end it will come down to can the money we pay him be better used and more...
  3. oldskyblue58

    For the Frank haters

    Successful teams in this division do not carry players in the hope they might just provide something. More often than not he has provided very little. Yes flair players are important but they have to contribute much more than the odd flash of skill Too inconsistent and not a real/regular goal...
  4. oldskyblue58

    Review Our Season

    and we are safe!
  5. oldskyblue58

    Waggot is hurting too

    you must know its nearly time for your medicine then ;)
  6. oldskyblue58

    Waggot is hurting too

    wouldn't be up to date though cd. most clubs file 9 months after the year end which is 2/3rds through the following season. It might give an indication but then what about player trading transactions which could distort it for example
  7. oldskyblue58

    Waggot is hurting too

    Mr Waggott seems to forget that he has played a large part in dismantling some of the infrastructure of the club, and having done that failed to recognise then rectify the deficiencies created. He has been a director at the club since August 2013 and intimately involved in what was going on for...
  8. oldskyblue58

    Mowbray or Waggott

    http://www.coventrytelegraph.net/sport/football/football-news/tony-mowbray-coventry-city-owner-9177508 I think Mowbray has made very clear that it is his way or no way. Clearly he has a good idea about football finance as well as team management Raises a few questions ..... - what is it about...
  9. oldskyblue58

    £1.2m?

    Of course they would have looked at next seasons budgets. Will they have finalised it ? no because they do not know which division are going to be in. They have probably got at least 2 different budgets for the different circumstances. They will need to have done some budgeting by now because...
  10. oldskyblue58

    Club aims to raise £35m from bond

    so no business would ever secure finance against a long lease then? No finance would ever be provided without a cast iron guarantee of not going bust? It is easy to pick on a few words in isolation. The prospectus , which is the legal offer document, makes clear what is on offer, what the...
  11. oldskyblue58

    Club aims to raise £35m from bond

    what is really misleading about that? It is secured by all the assets of ACL which includes a 250 year long lease on the stadium plus certain assets of Wasps Holdings which includes their shares in ACL and the proceeds of any P share disposal. No one else can operate from the Ricoh without Wasps...
  12. oldskyblue58

    Club aims to raise £35m from bond

    the security as detailed in the prospectus "The security includes a legal mortgage (explained in more detail below) granted by ACL and ACL2006 over their title to the Arena in Coventry, a mortgage over the whole share capital of ACL, a mortgage over the whole share capital of ACL2006, fixed...
  13. oldskyblue58

    Club aims to raise £35m from bond

    What the prospectus actually says is that part of the security given is ACL's interest in the stadium. That interest is of course the long leasehold interest - something also made very clear in the prospectus and the valuation disclosed. Clearly some of these financial experts do not read...
  14. oldskyblue58

    Changes to the Ricoh next season - Waggott

    One thing it will save on is the stewarding costs. They are employed by the club I understand.
  15. oldskyblue58

    Time for Madison to get into the gym this Summer?

    Agreed. However that doesn't necessarily mean he has to bulk up significantly to do it. Significant extra bulk could actually put further strain on his back or other areas. He will naturally add body mass over time as his body finishes developing
  16. oldskyblue58

    Changes to the Ricoh next season - Waggott

    All good stuff and any way of making it more affordable is welcome, but really its about the product on the pitch isn't it (- yes I know its a chicken & egg situation) I wonder what the breakeven figure in terms of crowds is? I wonder how many season ticket sales they have targeted ? -...
  17. oldskyblue58

    Coventry City Highfield Road collector regrets move

    couldn't afford either no. The figures are irrelevant really CCFC Holdings Group was a basket case and taking a punt on a new stadium was (a) a last punt and (b) about ego and self interest for a number of parties involved. The choice appeared to be Spend millions on HR and not significantly...
  18. oldskyblue58

    Coventry City Highfield Road collector regrets move

    Trouble is from 20 December 1999 we didn't own it. To bring it up to premiership standard would have required millions to be spent on it - millions that events proved CCFC didn't have. Needed development to access income streams properly. Couldn't afford to do that then what? Trouble with the...
  19. oldskyblue58

    Joe Elliot: Even He Likes Wasps

    exactly Nick...... for me Elliott and Hoffman have been part of the problem not a possible solution to it, at times some of their decisions and antics have made things worse, deflected attention from the core issues - but that's just my opinion
  20. oldskyblue58

    Joe Elliot: Even He Likes Wasps

    That's one of the problems I have with JE being involved at CCFC. Nice guy but he says things without engaging his brain first about how that might be interpreted.
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