Search results

That's not really distressed though is it, that's a loss of future revenues which may or may not be replaced by other revenues (doesn't necessarily have to be a replacement anchor tenant). Of course that also assumes the rent was always going to stay at the £1.2m pa level, we know that vastly...

The formula price was believed to be around £10m however SISU made a bid to Higgs below the formula price, believed to be around half which was accepted by Higgs. After a HOT was drawn up SISU walked away and didn't complete the deal.

Was the scheduling against the mens team deliberate or coincidental?

I can't imagine anyone would claim SISU weren't trying to distress ACL, if they weren't then their behaviour is even more bizarre than anyone ever suspected. For their plan to work ACL need to be forced to the brink and either put out of business or forced to sell up on the cheap. That is what...

How can that be true, people turn up to watch them elsewhere. I've seen them play down here and I wasn't the only Cov fan there so I'm pretty sure there are some supporters who go to watch them at their usual home venue.

There were people who led us to believe that by now ACL would be in severe financial trouble if not out of business after SISU moved the team out. That hasn't happened. It was stated by some ACL's account would be terrible, that didn't happen. Seems some are now looking for other ways to...

Did they actively bid for the UK Snooker Championship? I was under the impression the players and organisers of the Champion of Champions tournament were so impressed with the event at the Ricoh they mentioned the possibility of moving the UK Championships there but I don't recall any bidding...

Why shouldn't people go to the womens game if they aren't going to the mens game? When I lived in Cov I used to regularly go and watch the reserves and youth team. Some days the youth team would be at home the same day the first team were away and it never seemed to be an issue for anyone...

The last match at HR was a pretty special day but I'd go for either the 5-4 against Forrest, 4-0 up and then they came back to 4-4 or the first win over Villa. What about peoples worst? Besides obvious things I remember an dire home game against Wimbledon in terrible weather - at one point it...

Exactly this, if the preferred option is to move back to the Ricoh make a bloody bid and stop spouting off on the radio.

Why on earth is this in the 'Coventry City General Chat' forum? We need a politics sub forum if people want to talk about things like this. There's enough politics on here as it is without bringing up stuff that has nothing to do with the football club.

Yes you did, we're in the glorious Otium Entertainment era now. Please try and keep up!

Unless we go out of business totally (which we could well be on course for anyway) how much worse can it really get???

I thought this was an old thread someone had dug up! Hard to say, it would depend on who was coming in and what their plans were and if they stood up to scrutiny. If it looked like going down for 1 or 2 seasons to straighten the finances out and then come back stronger then yes but if it was...

That's a different argument. ACL own nearly 80% of the joint venture company so its in their interests for profit to be maximised or are you saying they have deliberately entered a deal that sees them make less money? That would seem an odd thing to do. If SISU owned 50% of ACL and therefore...

I think you might be right. I seem to remember someone from ACL saying it didn't mean they were going to bid for the club they just wanted all the information they could get access to as a creditor.

Mutton wasn't much help for sure but it wasn't solely his choice. Had SISU submitted a formal bid it would have gone before the full council. It wasn't just for Mutton to say yes or no. Showing PH4 round the ground and even, if it happened, making a deal to sell him their share doesn't...

I think the Compass deal is a red herring. Many other clubs have similar deals, including Northampton, it's not something weird and wonderful ACL have done and they have done it as they feel it is the deal that gives the best return. You're just getting the profit from the joint venture company...

Maybe time to get the Pompey thread back up and running!!! There's a lot of talk round here that they are just working day to day and have big problems round the corner. Part of the ground is closed of as it's unsafe, they had to borrow half a million to even get the ground through health and...

This is a key point. Pay the rent and their is no option for anyone to put you into administration. When people talk about regime change and the likes of CCC, ACL and SBT trying to force a change, or at least assist others, what actual evidence is there? Let's say I was interested in...