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And if they default? Unless of course you can guarantee that ACL are good for every penny of that money over coming years? If we're talking about what is good for the taxpayer (why we would do that I don't know, who gives a toss), then I would suggest that the local authority loaning money to...

Another day, another 'Phoenix Club' thread/poll. Every time the consensus is that while CCFC still exists people will not desert it, yet people keep asking the same question. Until there is no CCFC then, as somebody suggested earlier today, you can stick your wishy-washy Phoenix Club idea up...

The irony of course is that SISU offered to pay off the mortgage. That would have been the best possible outcome for taxpayers (debatable whether it would have been good for the football club, but good for the taxpayers yes - the debt burden would have gone), and yet it was rejected and people...

Isn't it all academic though? Would any of the other bidders really have been in a position to offer a better deal to creditors than SISU/Otium - regardless of what assets were in Ltd? I suspect not, although we cannot know for sure, so an interesting development, albeit one that makes the...

Yup. Les Reid is king of the anti-climax.

Hypothetical question. City of Coventry FC (or whatever) starts next season in tier 8 (for sake of argument) and you and others switch. The idea of promotion every season until a glorious return to the FL is Roy of the Rovers stuff to be honest, and just because AFC Wimbledon achieved a swift...

It's irrelevant. Just abstain. What the poll does tell us though is that more people would rather there be no CCFC at all than a CCFC under the temporary stewardship of SISU. The lunatics have taken over.

Oh dear. I really can't be bothered to dignify that with an answer.

Anyone voting 1 has to have a serious word with themselves.

Why would they do that? That would make no sense whatsoever. What do you mean 'take' the stadium? What, like take it to Joy Seppala's hollowed out volvano in the Pacific to be used as a play house for all her sinister looking cats?

The dates are quite fuzzy on this. The CT reported as early as September that a deal had been reached - http://www.coventrytelegraph.net/news/coventry-news/exclusive-sisu-strikes-coventry-city-3019922 - but then as time went on there were suggestions talks were breaking down. SISU seem pretty...

You seem to completely ignore the fact that SISU have been subsidising the club for years. You can question the ability of SISU to continue to fund the club, and like you say, establishing the extent of their resources and where that money lies is no easy task and I don't imagine it is a...

Of course SISU can afford to pay it, their argument was always that the loss making football club they were subsidising couldn't - at least not when coupled with restricted revenue streams. They were trying to. They had a deal to do that last December but the council scuppered it at the 11th...

No dividends have been paid though as we know, and any profits have been reinvested to improve facilities. There is no reason to suggest that SISU would not do the same - because this reinvestment is key to making money in the first place - and everyone seems to think that is all SISU are...

It's OK, and for the record, I blame SISU for pretty much everything that has happened since that point (just getting that in before somebody labels me a SISUist or something). I do see that moment as pivotal though, and think the council made a huge mistake at that point. No going back...

You recall incorrectly. The deal was scuppered by the council when they stepped in with their £14 million bailout - up until that point, SISU were offering to settle the mortgage in return for a 50% stake (with CCC retaining the freehold). As for public statements, there has never been one...

You give Clarke way too much credit - as if he understands SISU and their tangled corporate web. This has been done to death, but seriously, anyone who starts dissecting the accounts of SISU Capital attempting to make any meaningful conclusions about their ability to fund the club is wasting...

If SISU are not interested in a 50% stake in ACL, why did they negotiate a deal to buy 50% of ACL just last December?

To be honest, if people are going to keep going on the the forums of other clubs asking that they boycott Sixfields then this is the response they are going to get. I couldn't give a toss how many away fans attend Sixfields, but I know that come the end of the season it won't average much more...

Thanks for clearing that up. Those fees are staggering.