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It is all about brinksmanship. From what I understand CCFC have already been offered a rent at £400k but seems TF wants to squeeze the pips out of it even more. No one wants the club to leave the Ricoh if the rent drop has been achieved, but putting aside SISU's need to own the stadium, the...

that statement is just so wrong and ill informed

can't put it into liquidation because CCFC owns the League share, player registrations and the option on the Higgs shares none of which are subject to the ARVO charge (or can be), but more than that if it went into liquidation they would lose any purpose in being here, the stadium ...

its the Charity that has heard nothing Otis, no contact since June regarding share purchase.

Thanks PWKH I know it cant be easy to be restricted in what you can say when you may well want to say more. I have a question. Is the lease with CCFC Limited or CCFC Holdings limited. or are they joined together under the lease ? thanks

http://www.coventrycity-mad.co.uk/news/tmnw/sisu_never_had_any_intention_of_agreeing_deal__isaac_771636/index.shtml Coventry City’s owners SISU never had any intention of agreeing a deal over the rent for use of the facilities at the Ricoh Arena, according to Jacky Isaac, Interim CEO for Arena...

Yes SBT it was for you Not in the nature of hedge funds to play the long game and getting hold of the site is probably more achievable short term. They are only here now because the first plan involving Dann, Fox fell through. The idea was we would be in the Premiership by now and SISU would...

I would guess that ACL would want a small part of the arrears say £200k and agreement to the new rent. The balance would then be parked for better times (ie a long term debt)or maybe some of it written off

might have something to do with had they run the business properly and understood it in the first place we wouldnt be having this conversation. Because I see no prospect of anything really changing and give it another 5 to 10 years and we will back where we are now, I want better than that for...

so given that having the right players is essential to success you might think that SISU would have addressed the issue before now if it was so crucial to the viability of the club. In fact if so crucial a sensible informed investor would have sorted it out when they bought in. Clearly they have...

ok take the whole of the rent out add on the kiosk profits ..............still make at least £2m losses............ and the club is viable because ? we dont play in an average Championship ground let alone an average League 1 ground .......... so on what sound logic does that equal paying an...

Think people have got to factor in that ACL have to start their negotiation point from the full amount. This is the only amount they are going to quote publically because anything else should be kept private until it is agreed. Clearly CCFC will start from the other end and in theory if there is...

substantial food and drinks ? Lets take a guess. Average crowd 10k less 1000 corporate = 9k ....average spend per head say £3 = income £27k. Purchases say 40% of sales thats £10800 ....... wages say 10 kiosks 5 people per unit 8 hours each at minimum wages £6 = 2400 ...... Power, insurance...

now with everything else going on, statutory demands, no ground, winding up orders and the like what would the fans love to hear on a Thursday what would keep them on side :thinking about::whistle: Oh I know that CCFC trying to sign DMcG (6 days after SW said we can't afford his salary) :o...

Personally i wouldnt want SISU having a share in it. They are playing high stakes poker with our club and the ground and anyone prepared to do that I do not want to own either. Whilst the club will not agree a rent then the value of ACL is forced down. Makes ACL vulnerable but not just to SISU...

If they were restructuring other costs then yes why not........... I dont think ACL would make an offer in that region if it still left them at financial risk

my guess is that they have used the time to structure things to maximise any benefits. It looks better to fans for starters if ACL take ACL down not TF and SISU. The longer it takes the more financial pressure on ACL, weaker it is the cheaper it is to takeover. As soon as they went into default...

Also my understanding is that a compromise rent of around £400k was offered - however I can not sit here and prove it

PWKH wrote "It has been made abundantly clear time and again to the Club and its current owners that their actions would not be allowed to compromise the business. They have rejected every offer and attempt to find a solution."

I dont blame people for wanting the best for the club..... fans see big numbers for rent & debt thrown around and quite rightly say hang on that cant be right, it should cost less, our club is suffering BUT please bear in mind that each side will put their own spin on it, say things that...