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  1. chiefdave

    Why should CCC help?

    There's various ways of looking at this. There is the possibility that CCC think their current strategy is helping CCFC. They may feel that passing the stadium to SISU, whether paid for of free of charge, is a big risk as SISU may 'pull a fast one'. They may feel they have bailed the club out...
  2. chiefdave

    Labovitch calls for independent ACL valuation

    Depends what business your buying really. If the business is to sit alongside existing businesses you own then it has a value to you and you offer based around that. Most likely it is based on a combination of how much you think its worth and how much it would cost you to start the business...
  3. chiefdave

    Labovitch calls for independent ACL valuation

    Not really, they offer what they think it is worth or what they are prepared to pay. If they are uncertain on some issues then they make the offer conditional and of course no sale goes through until due diligence is complete. Happens all the time in business. If SISU want to buy this is the way...
  4. chiefdave

    Coventry Jets Home Game at the Butts.

    With hockey you learn to follow the flow of the game after a while so you kind of know where the puck is even if you can't actually see it! On American TV a few years back they added a trail to the puck to make it easier for people to see, it looked ridiculous and didn't last too long.
  5. chiefdave

    Mondays Player / manager meeting thread

    Given that SP said next seasons squad would be 11 pros and 11 from the academy how many of the current squad are under contract next season? Will he be needing to offload players we have contracted?
  6. chiefdave

    Should ACL show Wembley how to make a profit?

    Sixfields opened in the mid 90s didn't it so hard to make a comparison on constructions costs which was my point. I can't see where the huge costs of building Wembley come from compared to building the Ricoh. In fact structures such as the Ricoh and Wembley, being 'bowl' type stadiums are...
  7. chiefdave

    Should ACL show Wembley how to make a profit?

    I really don't see that much of a difference. I go through an automated turnstile the same as at the Ricoh, onto a concourse serving the same crap overpriced food and beer (if you're prepared to wait hours) the same as at the Ricoh and I then go and sit on a cheap plastic seat for a couple of...
  8. chiefdave

    Labovitch calls for independent ACL valuation

    The big problem is we don't know if ACL is ticking over OK. They could be losing money every month for all we know. However if they are breaking even or making a profit there isn't really a timeframe in which they need to do anything, they can just hold on to the share indefinitely in the hope...
  9. chiefdave

    Labovitch calls for independent ACL valuation

    Are you referring to the amount shown for Higgs share in ACL in the Higgs account? Would that not be more a book value for accounting purposes than a value for sale?
  10. chiefdave

    Labovitch calls for independent ACL valuation

    Given the timeframe I suspect it may be a valuation from the period in which things were very uncertain and therefore a lower end valuation. I wouldn't be surprised if ML knows what the valuation is and that's why he's so keen for this particular valuation to be made public.
  11. chiefdave

    Labovitch calls for independent ACL valuation

    Reading the article it's a valuation from June 2012 he wants made public, totally worthless now and of course we don't know on what basis the valuation was carried out. Just seems a diversion tactic.
  12. chiefdave

    So what do you get for £6.5 million?

    Grendel, what would your solution be? It seems renting doesn't work, you seem to be saying ownership doesn't work and building a new stadium certainly isn't the answer so what do you suggest?
  13. chiefdave

    Labovitch calls for independent ACL valuation

    Why does ML want a valuation if SISU are no longer interested in the Ricoh. They need to either shut up about the Ricoh and get on with the new ground or tell everyone there is no new ground and they need the Ricoh. An independent valuation seems a waste of time. On what basis would they value...
  14. chiefdave

    Should ACL show Wembley how to make a profit?

    Who owned the old Wembley? Says the FA had to buy the land to build the new stadium. I really struggle to see how they spent so much on it. As a football stadium it really isn't that different from the Ricoh if it had two tiers / greater capacity. There are meeting and conference facilities but...
  15. chiefdave

    So what do you get for £6.5 million?

    http://www.charitycommission.gov.uk/our-regulatory-work/reporting-our-regulatory-work/inquiry-reports/ My personal opinion is that most people in Coventry do not want the charity to be 'ripped off' however you will most likely find many different definitions of ripped off. I would prefer not...
  16. chiefdave

    who thinks we will be liquadated if sisu dont win the judicial review

    You can't sell the golden share, what you can sell is what we would consider the football club and the league will then grant you the golden share. The value is in the right to have it (ie the continuation of the club) rather than the share itself.
  17. chiefdave

    So what do you get for £6.5 million?

    Where have you seen the council have a casting vote? Wasn't aware of that, had assumed as it's 50/50 ownership it would be some sort of interlocking arrangement. In your opinion what's the solution? Renting hasn't worked and SISU have stated they won't come back under a rental agreement...
  18. chiefdave

    who thinks we will be liquadated if sisu dont win the judicial review

    Hopefully someone would offer to buy the club off SISU for more than they would get from liquidation.
  19. chiefdave

    So what do you get for £6.5 million?

    Wouldn't those directors be appointed by the shareholders to work on their behalf and in line with their policies? Of course if it is the case that ownership brings no advantage then the obvious answer is to rent.
  20. chiefdave

    So what do you get for £6.5 million?

    The mortgage is with ACL so it would stay with ACL until it had been paid, don't see how new ownership of ACL will change that. In terms of not receiving any revenue as owners are you referring to the fact that ACL have not paid a dividend as they have used all profits either for work on the...
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