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  1. chiefdave

    Kcic front bid to buy club

    this offer is only for 3 years so its not going to be a problem 10 years down the line. all it will do is get the club back to Coventry on a temporary basis and allow 3 years for our owners to either build their new stadium or come up with a plan that allows us to stay at the Ricoh long term. if...
  2. chiefdave

    Kcic front bid to buy club

    By proceed I mean they will move to the next stage once they have proof of funds and conformation from ACL of the offer. The next stage being to give it full consideration. It would take about 5 minutes of SISU's time to put out a statement bouncing it back to KCIC and ACL, why wouldn't they...
  3. chiefdave

    Kcic front bid to buy club

    SISU claimed they could not accept a rental deal as they could not work with ACL. With the offer from KCIC they wouldn't need to so they can accept an offer that is financially beneficial to our owners and to our club and as I've said, who knows, it could be the first step to repairing the...
  4. chiefdave

    Kcic front bid to buy club

    Why not flip that question. If SISU say they will proceed once they have that information the pressure is on ACL, surely something that would be attractive to SISU? If ACL then come out and say it's £1m a year rent and £1m a year matchday costs what do you think the reaction would be, do you...
  5. chiefdave

    Kcic front bid to buy club

    I think you can assume, based on the most recent offers, costs would be in the region of £400K per season inclusive of matchday costs and non ticketing revenues would go to ACL. Again though this can work in SISUs favour. Release a statement saying they welcome the offer from KCIC as they...
  6. chiefdave

    Kcic front bid to buy club

    What further details do you need past what KCIC have posted to prove its a good deal? I can understand people asking questions about who is behind it etc but I'm not sure on what basis it could be claimed to not be a good deal compared to our current situation. It looks to me like this deal is...
  7. chiefdave

    Kcic front bid to buy club

    It is indeed free for under 5000 but my reply was to Bennets Afro's post suggesting KCIC should pay all rent and matchday costs regardless of attendance and SISU should get all matchday revenues in addition to ticket revenues. We won't need 3 years anyway, there's only 2 years until our new...
  8. chiefdave

    new away kit

    I'd quite like them to revive a couple of the old kits as away kits. Particularly the red and black half and half and the green and red half and half.
  9. chiefdave

    Kcic front bid to buy club

    So you're basically saying someone else should pay all the costs and SISU should get the income from everything? Even on a 3 year deal there's a, admittedly very slim, chance we could be back in the prem with our owners not paying anything out and the ground sold out every week at PL ticket...
  10. chiefdave

    new away kit

    These days a lot of shirt printing is done using sublimated print, doesn't make any difference how many colours you have then. Downside is the crest wouldn't be slightly raised it would just be part of the print of the shirt. If they really wanted to save money they could use that method. I...
  11. chiefdave

    Kcic front bid to buy club

    To me the best option is for SISU to say yes. It's a win win. If KCIC come through we are back at the Ricoh, more money is coming in and SISU have zero risk of losing out. If KCIC don't come through or ACL won't play ball then for the first time in a long time it won't be SISU who look like the...
  12. chiefdave

    Kcic front bid to buy club

    Don't matchday costs equate to £250K per season, works out around 10K a game, or £1 per ticket depending how you want to look at it. I seem to recall that was the basis for the £150K offer. TF rejected the £400K offer saying it would be acceptable but there were matchday costs on top and it was...
  13. chiefdave

    Kcic front bid to buy club

    That can't be right, I thought if someone wanted to buy something off you a couple of valuations are done and then you sell it to them for the average. Sure SISU told us that's how things like this work :whistle:
  14. chiefdave

    Kcic front bid to buy club

    Finished would be an overstatement unless he is implying that SISU will only fund one more season before giving up on the project. I don't think anyone could argue that every day that we aren't based in Coventry does more damage, people drift away and find other things to do. I don't mean they...
  15. chiefdave

    Kcic front bid to buy club

    The club is worth the proverbial £1 as an amount has to change hands for the change of ownership to take place. No one would put any value on us, we're losing a fortune and have alienated the majority of our fanbase. Pretty much the only asset we have left is Ryton and the value of that is...
  16. chiefdave

    Kcic front bid to buy club

    That's good for SISU isn't it? Imagine the outcry if ML is on CWR this afternoon saying this is fantastic, we're happy to accept and then ACL turn round and say they won't do it. Win, win really for them, either ACL accept and we're back at the Ricoh making more money or ACL refuse and its...
  17. chiefdave

    Kcic front bid to buy club

    Just for that reason it is worthwhile. SISU either ignore it or respond and reject it and make themselves look even more incompetent by ignoring an offer everyone can see is in our best interest, or they respond and accept and we've back at the Ricoh. Of course we all know the FL will do...
  18. chiefdave

    Kcic front bid to buy club

    It might be easy to look at it as a simple business proposition. To illustrate (using very rough made up figures). Option A You can run your business from location A, it costs you £150K a year and you get approx. 46,000 visitors a year at an average £10 per person, revenue of £460K, you pay...
  19. chiefdave

    Simon Gilbert, has there been an FL response?

    To be honest it was a long time ago and I struggle to remember what happened last week let alone years ago! from memory it was presented as the club owning the whole thing and using the money that generated, presumably things like the lease to Tesco, to fund everything. Certainly the impression...
  20. chiefdave

    Email from FL

    What was the offer put forward by YB that was mentioned in the JR. I recall it being stated they'd put something forward to both sides but did they state what the offer was?
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