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    Godiva

    The Specials were asked the year they reformed; they wanted 3 times the total budget of the festival to play.
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    kcic statement

    This is the key point that I don't believe Michael has answered, apologies if he has. Have ACL agreed this and more importantly why will they offer a temporary deal to a third party, whilst only overing the club a 41 year deal discounted for 3 years? If ACL offer the same terms as were offered...
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    Alan Higgs Charity

    I am totally disgusted that the owner's of Coventry City FC have affected their legal right to defend their position following the litigation action brought upon them by The Alan Higgs Trust. I fully support the use of charitable funds on legal action just as I support the use of said funds to...
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    Do Sisu Realise What They Have?

    He gave away 6 penalties in his first 8 games!
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    Statement from the Sky Blue Trust

    Doubt if CCC will ever sell the freehold, the commercial formula for the value of ACL is 3 x turnover so a touch over £21m, although that figure will be falling significantly due to reduced current income.
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    What is your point Shitsu

    Aren't they losing £450,000 a month currently? Based on your maths it's a good cost cutting exercise.
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    Here comes the crunch!

    If the CVA is not agreed CCFC Ltd will be liquidated including all debts and obligations - the only one being the Ricoh lease. Not signing the CVA is the surest way to determine that we won't be playing at the Ricoh any time soon. If it's signed there may be a willingness on both sides to negotiate.
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    Question RE: Liquidation

    If ACL reject the CVA all that happens is CCFC ltd will be liquidated, including the Ricoh lease. CCFC Holdings will continue, be granted the Goldem Share and exit administration with -15 to -25 points next season. ACL will receive nothing and will effectively cost council tax payers £590k they...
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    Sisu's Thinking...

    It's got nothing to do with pies but the £19.8m income the club has been denied since 2005 from naming rights, stand sponsorship, advertising and match day parking.
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