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  1. chiefdave

    Judicial Review

    Where did it say I was happy with it? I said it wasn't the cause of the problems as SISU make it out to be. Look how much they claim we have lost every year and that clearly shows the issue does not lie with the rent. You also completely ignore the fact that ACL are not saying the rent should be...
  2. chiefdave

    Judicial Review

    As was pointed out on here earlier in the week the first match after SISU took over was in the championship with nearly 20K there. If they'd maintained those attendances the £1.2m a year rent would equate to around £2.60 a ticket. Even now with crowds of 10K the £150K offer would equate to...
  3. chiefdave

    Judicial Review

    things have moved on since Yorkshire Bank got a bit twitchy. CCFC are now not tennants refusing to pay rent, they are not tennants at all. If ACL can produce accounts and forecasts showing they can meet repayments without CCFC being there then there's a good chance someone will lend them the...
  4. chiefdave

    Judicial Review

    Does that automatically follow or is that just one of the possible outcomes if the case goes in SISUs favour? What happens if ACL then go to a regular bank and get a £14 loan to cover that, not much SISU can do about that and now ACL can no longer offer them the lower rent as their payments have...
  5. chiefdave

    Judicial Review

    there's 2 ways you can look at that. SISU were negociating with Yorkshire Bank while also talking with the council. If that's the case then why are they complaining about the council leaving more than one option open? In that scenario their offer to YB wasn't accpeted which is really just tough...
  6. chiefdave

    Judicial Review

    That's exactly it, the refinancing strengthens ACLs position so in any negociation they are working from a firm footing rather than worrying about how they are going to meet their payments and if they bank is suddenly going to call the loan in. It doesn't benefit SISU as if ACL were distressed...
  7. chiefdave

    Judicial Review

    I will but I will first apologise for using the house analogy as it's the best thing I can come up with. You have a £100K mortgage with Yorkshire Bank. That costs you £1K a month as you took it out when interest rates were high. You have a tennant that pays £1K a month rent to live there. You...
  8. chiefdave

    Judicial Review

    In which case the question would be did the pay off the loan in full or buy it off Yorkshire bank ata discounted rate.
  9. chiefdave

    AFC Coventry

    In either scenario I think there needs to be plans being made now. It's no good waiting till the close season and then everyone complaining it's too late. If a new club were to start at the same level as Sphinx maybe it would be worth also investigating a method of making them 'the' Coventry...
  10. chiefdave

    Judicial Review

    Did the council make a deal with the bank to buy out the mortgage? That says to me the council were speaking directly with Yorkshire Bank and made a deal to buy the mortgage off the bank for a certain % of the total amount owed. Essentially in the hope YB would sell it for that % as they feared...
  11. chiefdave

    Judicial Review

    good point, it's not uncommon practice in business to be pursuing 2 options so as you say unless exclusivity had been agreed there's no arguement to make there.
  12. chiefdave

    Judicial Review

    The big weakness I see in SISUs arguement is that none of this would have happened had they not gone on rent strike. There would have been no issues with Yorkshire Bank as ACL were meeting their repayment schedule, indeed I think they were making regular overpayments. Same with the...
  13. chiefdave

    Judicial Review

    if this gets thrown out again by a judge is that it or can SISU start the whole process again?
  14. chiefdave

    Cov Back To Ricoh speaking to Ann Lucas Today

    If you listened to the podcast last week where the guys had the meeting with the council they (the council chaps, can't remember their names off the top of my head) were clear that no veto either formal or informal had come from the council. What had actually happened was that a pre-requisite of...
  15. chiefdave

    Cov Back To Ricoh speaking to Ann Lucas Today

    If they truely belive that the club needs ownership of the group surely a question you would want answered early on would be why have the club owners never submitted a bid to purchase the ground.
  16. chiefdave

    Cov Back To Ricoh speaking to Ann Lucas Today

    That doesn't explain why there is zero heard from them most of the time. If you were running a campaign surely you would be wanting to make as many people as possible aware of it and signing up on forums such as this to put your point across? Check out their facebook / twitter / website and...
  17. chiefdave

    Cov Back To Ricoh speaking to Ann Lucas Today

    I find it a bit suspicious that we only ever hear from this group at times that would seem to suit SISU, makes me wonder if there's someone behind the scenes promting them. It would be very convinient for SISU if, assuming the JR gets kicked out, there was a report that placed the blame with CCC...
  18. chiefdave

    Sixfields or Cheltenham ?

    When I lived in Cambridge I used to go and watch Cambridge United but it's nothing like the same. Just went along as it was something to do, my mates were going and it was relatively cheap (even had a visit from the mighty Sky Blues for a pre season game!). At the time Dion had just signed for...
  19. chiefdave

    Coventry vs Tranmere - Match Thread

    Don't believe anything Fisher says to be honest but with this he's really backed himself into a corner. People were openly laughing at him at the forum yet they continued to claim they could cover any losses caused by the move. If they then turn round and use lower revenues as an excuse for...
  20. chiefdave

    Coventry vs Tranmere - Match Thread

    I believe club owners are allowed to put money in as equity which is then included in FFP calculations. Our owners have said it doesn't matter if we don't turn up they have the money to cover the loss of ticket income. Look at the numbers who travelled to Wolves and who are going to MK Dons and...
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