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  1. duffer

    Liquidating CCFC Limited

    I think there's two possible flaws to your argument. The first is that I'm not sure that CCFC Limited will be able to go for voluntary liquidation. With the lease still active, ACL remain a creditor because of the ongoing lease. I don't think it's as easy as saying we quit and disclaim the...
  2. duffer

    Springsteen at the (ACL) Ricoh

    Oh torchy, just when I was starting to like you. ;) Like you say though, it's all about opinions. I don't much care for your collection of Max Bygraves, or that "Love Songs by Alvin and The Chipmunks" CD you keep playing, but I respect your right to choose. :D
  3. duffer

    Looks like its walsall

    Actually, what really ticks me off (other than the financial stuff) is when was the last time we finished a season at home? Seems like ages. (I'm probably wrong about this, too). I think the FL have always secretly hated us. Probably because we played in both the Third Division North and...
  4. duffer

    Looks like its walsall

    Noggin's right, I was wrong. The majority of times last season, our home fixtures clashed. Of course there is the complication of Wolves this year, and policing issues. Do Wolves/Walsall home fixtures clash? My gut feel is that this isn't a conspiracy, and it isn't a done deal. But I...
  5. duffer

    Looks like its walsall

    Actually, I stand corrected. Of last year's fixtures for those played on the same day, when Cov were at home, 15 times Walsall were also at home and 7 times they were away. Apologies.
  6. duffer

    Looks like its walsall

    First three fixtures at least, and at least some others after that. I haven't pulled them all apart, that's true enough. Have you?
  7. duffer

    Looks like its walsall

    This is exactly the same as last season, as far as I tell. When we were at home in the league, Walsall were away. http://stats.football.co.uk/results_fixtures/2012_2013/walsall/index.shtml http://www.statto.com/football/teams/coventry-city/2012-2013/results Are we reading too much into this...
  8. duffer

    results of admin

    Eek. I know it's the first sign of madness replying to your own posts, but this seems to be exactly what the Administrator is proposing. This from the Administrator's site: http://www.accountancyage.com/aa/news/2275360/david-rubin-administrators-line-up-buyer-for-coventry-fc# "All clubs that...
  9. duffer

    results of admin

    Understood - sorry. I think if this was the situation ACL would be daft not to challenge it. If the FL doesn't return the golden share to CCFC Ltd then as you say it's blindingly obvious that SISU's next move would indeed be to liquidate CCFC Ltd and break the lease. That would be an...
  10. duffer

    results of admin

    Hi osb, are you sure that the admin proposal for CCFC Ltd is liquidation? I thought it was being sold as a going concern to Otium, and exiting Admin via a CVA. Wouldn't liquidation actually mean the end of the club in the FL (the very reason ACL pushed for Administration)? In fact, as I...
  11. duffer

    Knowl[GMK] says.....

    My thoughts are that the independent party may yet need to be in the form of a judge, so that we can see how fair and proper (and feasible) the deal proposed by SISU and the Administrator really is. If ACL and SISU really can come to a deal that means CCFC stay at the Ricoh, great. But I...
  12. duffer

    Takeover given go ahead

    I think there's a bit of jumping the gun here. ACL haven't said what they're going to do yet in terms of perhaps challenging the Administrator's decision, and the FL haven't confirmed that Otium have met the "requirements of The League's insolvency policy", just that they'll work with them on...
  13. duffer

    Prison of measured time latest blog

    Well written, as ever. Personally, I think there's still more to come, and the Administration may be far from over with CVA voting and legal issues yet to be resolved. But that's just me, and maybe I'm seeing what I want to see. If I didn't have some sort of selective amnesia, I surely...
  14. duffer

    Longer thread pages?

    In truth, I never knew I could change it. I if can fix myself then it's no issue to me, personally. :)
  15. duffer

    PH4 to buy Ricoh

    Without the club needing the ground, they could diversify into whatever business or development best suited the site. Hotels, retail, warehousing, more exhibition space, housing or anything else that would turn a profit. If you looked at it from solely a cold, hard business perspective I...
  16. duffer

    No Surrender ACL

    Well found, that man! Hopefully we can put this one to bed now. It seems to come around every week or two, mostly to support the argument that the Council shafted CCFC in the deal around the build. I just can't see that myself.
  17. duffer

    PH4 to buy Ricoh

    I think I'd broadly agree with Torchy here - I don't think the Ricoh survives as a sports arena in the long term without a football club to play in it. Cov RFC wouldn't want to move, imho - they've got a terrific set up that is well-aligned with the crowds they get. Bit like CCFC used to have...
  18. duffer

    No Surrender ACL

    Right, £21m paid to the Council by ACL. Who are half owned by the Council. Even if you took such an oversimplification to try to prove a point, wouldn't that actually be a net 10.5m. So taking the £10m that everyone accepts that they put into the pot, that's actually break-even (as long as...
  19. duffer

    No Surrender ACL

    Indeed - and what did ACL need the money for if not to part fund the build? CCFC had agreed to do that and then when the time came they didn't have the money. And then there's the mortgage, and the council's ten million? You're right about the £2m that CCFC put in, but if you think the...
  20. duffer

    No Surrender ACL

    Erm... I don't think that's quite right. If ACL paid nothing, why was there a £21m mortgage (now 14m)? And the council put in £10m, and at the time of the build had to vouch for a total debt of about £30m. Then Higgs had to step in to buy the half-share that the club couldn't afford for £6.5m...
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