Search results

Ticket income is not the only money that comes into the club. Although you do have to wonder if this is as basic a business fact as you state why did it take SISU 5 years to work it out and why, once they did work it out, didn't they try and negotiate on the rent rather than just stopping paying...

You need to listen to the podcast as they state that the council were very clear that the 150K offer had been made available to SISU. I will ask you again do you think that is an offer SISU should accept?

How much revenue are SISU getting at Sixfields?

Not sure what you mean by a situation where it could be accepted, but are you therefore inferring that an offer of £150K should be accepted by SISU? Surely all that takes is someone on the SISU side to go yes we'll take that offer, doesn't seem impossible to me. if you think that offer was never...

BTW is that ticket price based on any actual evidence or just a figure you've plucked out of the air?

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...

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...

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...

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...

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...

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...

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...

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

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...

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...

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.

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...

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

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...

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.