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  1. oldskyblue58

    Finance guesswork april 2012

    Just out of interest how willing do you think SISU would be to increase rent if the club was ever successful Godiva ? Most other clubs have mortgaged the stadiums if they own it - how much do you think they pay in interest on such loans ? Its either pay rent or pay interest in effect isnt it...
  2. oldskyblue58

    Finance guesswork april 2012

    I cant see that the regulations regarding the council or charity would allow them to do it even at arms length Rob. Plus the practicalities of running a football club would require a certain amount of money to be "gambled" on players and it would seem money to cover losses. Its hard to see that...
  3. oldskyblue58

    Finance guesswork april 2012

    I have been saying for a long time that you dont have to own the stadium to have right to income Godiva - has nothing to do with looking back at figures - it has everything to do with looking forward and attempting to solve the clubs future income problems. I do not understand why approaches...
  4. oldskyblue58

    Next Season-Ricoh Arena or ground share?

    Lets be clear - ACL, the Council and the Charity have all stated publically that they want to see CCFC at the Ricoh. They do not want to see CCFC fail. However they are not about to sell any part of the control of the Ricoh to CCFC until they come up with a viable, sustainable and longterm...
  5. oldskyblue58

    Finance guesswork april 2012

    Thanks for the vote of confidence Godiva :D - but I dont know my figures are correct, they are just a guess. The rent - well for the facilities they get it isnt actually unfairly priced imo, it is only an issue because of the lack of success at the club and because of years of inappropriate...
  6. oldskyblue58

    Coventry v Burnley matchday thread

    I would say that this match was where our squad seemed more threadbare than any nearly any other. We had 4 or 5 players clearly playing despite the injuries and very little in reserve. just when it looked like we might get back in the game we got another player injured (according to AT "a bad...
  7. oldskyblue58

    Thorn sacked if we lose tomorrow

    doesnt make much sense to me, why sack him with 3 games left ? when no one can come in make a difference? why wait till now ? How are they going to pay him off, sign up a new manager - all of which will cost money - when they are struggling to pay the bills as it stands? Why appoint someone...
  8. oldskyblue58

    Finance guesswork april 2012

    possibly, there must be some additional costs somewhere, or income is significantly lower or they havent saved as much on the wages as we think. Its all guess work because there is no transparency
  9. oldskyblue58

    Finance guesswork april 2012

    or a disclosure that there is no more money and they cannot pay their way - ie not a going concern
  10. oldskyblue58

    Portsmouth- what on earth

    Hi Rev - am not certain I am right because the rules are not exactly clear :) . Wasnt thinking that Pompey could be fourth from bottom must admit but for that to affect anything they have to go bust during the season and I dont think that will happen.... they need to keep going to keep the...
  11. oldskyblue58

    doncaster match

    i think its a safe bet no one from sisu will be any where near the ground for the next two home games. Wouldnt mind betting there wont be many if any of the directors either.
  12. oldskyblue58

    Portsmouth- what on earth

    if pompey go out of business then which ever way you look at it 3 teams will drop out of the Championship (two relegated 1 out of business). As I understand it 3 teams will be promoted from League 1. The slack is taken up in League 2 where in theory an extra new team will enter the League. How...
  13. oldskyblue58

    Big bang

    just a thought but could it be linked into rehearsing the security response for the Olympics ?
  14. oldskyblue58

    Transparency

    cant beat a bit of monty python NLHWC :claping hands::claping hands::claping hands:
  15. oldskyblue58

    Finance guesswork april 2012

    rent is 1.2m BSB and paid by CCCFC Holdings who it looks like then recharge its expenses to CCFC. So assuming that is right the effect of the rent is in there.
  16. oldskyblue58

    Finance guesswork april 2012

    possibly stupot but why would their debt go up if that was the case ? cant repay the shareholders or give them a dividend it would be illegal because there are no accumulated net profits to do it. like i said doesnt make much sense to me unless we had incurred new types of cost or income was...
  17. oldskyblue58

    Finance guesswork april 2012

    The more I think on it the more perplexed I am about what we are told about the finances at CCFC. It just doesnt stack up to me. Yes I know it is partly to do with the timing of payments etc, partly others guess work or hearsay etc - but how did it get to the stage where we cannot pay our bills...
  18. oldskyblue58

    Next Season-Ricoh Arena or ground share?

    sure you could but just a couple of small obstacles - we have no money, if we cant pay the day to day type bills like rent £100k how do we pay for a stadium - we couldnt afford a subuteo one ! - the council would have to grant planning permission to something in direct competition to a site...
  19. oldskyblue58

    Transparency

    "Transparency to our incredibly loyal supporters is always at the forefront of our communications.” http://www.coventrytelegraph.net/coventry-city-fc/coventry-city-fc-news/2012/04/11/coventry-city-defaults-on-100-000-ricoh-arena-rent-92746-30733636/3/#ixzz1rp1Ir1Fz This is what the CT quoted...
  20. oldskyblue58

    Next Season-Ricoh Arena or ground share?

    First off CCFC will have signed a lease - probably with a long term. Implication of that is the club is now in breach of the contract and liable not only to pay the £100k for last month but quite likely the balance of the outstanding period on the lease. The lease i believe is held by CCFC...
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