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I would think that this will ruffle a few feathers for some http://www.premiershiprugby.com/clubs/34453.php#.VKvGQU1ybcs but isn't this the kind of thing a professional club needs to do to embed in to a community. Is it the sort of thing CCFC should be doing perhaps?

Isnt the key here that Sheff Wds have a recall clause so can recall and sell him at any time I would think. According to SP clubs prefer players that are match fit and playing in the January window.........

I cant help but be rather sceptical about this statement. Heard it all before and its just words where is the substance, the action that moves it forward. says all the right things doesnt it but actually answers very few questions The five key points are • Financially stable – with the...

That's me done for this year going to take a break and enjoy being with my family. Will forget about accounts and football problems for a week or so and just relax. It hasn't been a great Sky Blue year so lets keeps fingers crossed that 2015 is a big improvement. Is a brighter future for the...

The over riding factor as far as sponsorship is concerned is Wasps not CCFC. Were CCFC to be successful then that may well change but as long as they bump along as they then stadium sponsors etc will be far more interested in Wasps. CCFC being there and successful with crowds 11k + is good for...

I beg to differ, I think that Wasps will do ok without CCFC but it is preferable for CCFC to be there in the Wasps business case so long as CCFC is successful. At present with crowds averaging under 9000 I doubt that given the costs involved that they breakeven. The biggest match day income is...

What can I tell you, that's the figure given on the audited group accounts to 31/05/13. ACL accounts have shown one loss in 2006 the rest of the years have shown profits plus a £4.5m gain on the sale of some shares in the group company IEC to Compass. They have been cash flow positive in 5 out...

well as CCC would seem to currently have a charge over everything what do you think would happen? of course they have to default first don't they ...... will wait and see but they seem to have taken all the right actions so far to ensure that wont happen

hard to tell without knowing the terms. How much did they pay for it, is there a minimal rent etc I would think the value of ACL is going to increase not only because of the lease but because of the relationship to premiership rugby. I would think that Wasps will be able to attract a premium...

or if we win a masterstroke? Guess we will have to wait see. Should one day really make the difference this far in to the season? You might expect that a professional footballer would have enough professionalism to look after himself for one day and to do his own light training Christmas day...

As I understand it there is a break clause on the stadium sponsorship in 2015 or 2016 so that will limit value. Any new owner may have their own ideas on the stadium sponsor so the existing one would carry little value for them

Except net assets of the ACL group at 31/05/13 were £7.4m according to the published accounts The purchase price of the shares remains what it was £5.4m Factor in the costs of the dispute, maybe discounts for renovations to be done and a few other things that any buyer would haggle over and is...

The purchase price was what was paid for the shares. The shares price are what all the assets and liabilities of ACL were worth. You cannot single out one existing creditor and say I tell you what lets call that part of the sale price. Using the logic of "£20m" then why not build in to it what...

isn't that simple though is it ............ you might want to subtract the related costs as well as subtracting the income. There is no reliable breakdown to do that

It all seems a bit contradictory doesn't wingy I think that what has happened is something like ...... The loan is still with ACL at something like 13.4m (originally was 14.4 but payments should have been paid off quarterly since January 2013) the charge/security that CCC remains the same...

Operating profit shown on the ACL accounts was £2.1m in 2012 and £1.1m in 2013 however that is before adjusting for exceptional items, finance interest and minority interests. Operating profit is not the whole picture Bottom line was a profit of £1.09m in 2012 and £0.78m in 2013

I thought the CCC loan was still in place, certainly the charge they hold still is. So if the CCC loan is still there how does that equate to Richardson paying roughly £20m? ACL still owe the loan to CCC don't they? They might be owned by Richardson but Company law quite clearly defines each...

no surprise at all but it does give an opportunity to challenge what is being said doesn't it ?

Simon They keep saying it is not the club doing this but the owners of the club but then come out with the statement “This step has been taken as a precautionary measure to safeguard Coventry City FC’s position in relation to the outstanding legal appeal". As far as I know CCFC is not part...

I would think that was very much part of it. There is a lot of cost in just the upkeep let alone any development. I would think that due to the costs dumped on it by SISU and I would guess CCC, there was pressure on cash flow which means they would not be able to spend on renovations. Neither...