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  1. GaryJones

    Sisu - Food at The Ricoh - Plus Funny Food Stories

    With the current Crisis probably falling down because ACL refuse to declare the Catering Food and Drink numbers to Sisu I have began to wonder how much we take for food and drink on matchdays! Bloody Hell it must be a lot if its going to make this much difference to the future of Coventry City...
  2. GaryJones

    When is insolvency not insolvency

    In the end ALL sides end up losing something - It has been recognised that the deal on rent etc that is in force now is a bad one (for Sisu and for the football Club) and thats why ACL have agreed to negoiate it down to a more sustainable level so we are half way to getting a settlement. If all...
  3. GaryJones

    When is insolvency not insolvency

    Maybe ACL could simply declare the catering figures to SISU as requested for starters! Thing is that if the old company goes down the debt owed to ACL goes with it - they then have to find new tenants that will only start paying from that day (and not back-dated) - ACL could be backed into a...
  4. GaryJones

    When is insolvency not insolvency

    My view is that ACL are playing a very dangerous game here and all parties should go to "relate" and try and sort themselves out. In my experience any top name IP will charge around £1 million in the end to sort this out - somebody remind me what the ACL debt is again? Oh somewhere close to...
  5. GaryJones

    When is insolvency not insolvency

    Sorry yes you are right - however if the liquidated company goes down owing HMRC then the new (and connected) holding company starts to trade effectively as the old company did HMRC have the power to place restrictions on the new company ie payment of a deposit in advance against future taxes...
  6. GaryJones

    When is insolvency not insolvency

    Thats very true BUT I think the important point is this - Getting the IP involved is not much different to appointing a mediator (which is what Sisu have been calling for all along) this gives the parties the chance to thrash out new deals going forward and giving the IP the power to say "well...
  7. GaryJones

    When is insolvency not insolvency

    Usually the Licence to occupy is issued as a temporary measure to protect the company (ccfc) whilst the IP is trying to find the best deal for the creditors. I would imagine that the rent level would remain at the same level that is currently being PAID rather that what is being demanded by ACL...
  8. GaryJones

    When is insolvency not insolvency

    The thing is that the NEWCO company (Coventry Holdings) could be issued with a "right to occupy licence" to remain in the Stadium by the Insolvency Practioner (IP) whilst the IP negoitiates with any prospective buyers who might like to buy the old companies assets for a price "free of debt". In...
  9. GaryJones

    Genuinely does anyone think the play offs are still on

    "We will make the play-offs" Err I take that back as I am now not sure we stand any realistic chance as we are just not consistant enough when it comes to winning games when it really matters! Plus the lift I was given has just been deflated.
  10. GaryJones

    4 days

    4 Days That could be about how much time we,ve got before either a deal is done or we go out of business! :(
  11. GaryJones

    We,re Up - We,re Down - We,re Up - We,re Down

    Yoyo or what! We lose then we are down - We then win then we are Up - We then find out we could be going bust then we are down - now we have broken the pattern and we lose again so we are even further down! Who gives a shit about US! The Fans? Feels to me like no one gives a shit. :mad:
  12. GaryJones

    Will Sisu Now Decide to press for Admin - as the season is now almost done?

    He (Tim Fisher) is probably at home listening to it on the radio thinking Fuck This -Ive had enough!
  13. GaryJones

    Will Sisu Now Decide to press for Admin - as the season is now almost done?

    Also worth noting that Tim Fisher decided NOT to attend the game today! Nudge Nudge Wink Wink (Perhaps hes knows something?)
  14. GaryJones

    Will Sisu Now Decide to press for Admin - as the season is now almost done?

    Will Sisu now throw in the towel as the season has taken a turn for the worse? A 10 point deduction now wouldnt make that much difference. This just could be the straw that breaks the camels back! :(
  15. GaryJones

    Swindon Match Thread

    Well done Son!
  16. GaryJones

    Swindon Match Thread

    14,280 3000 from Swindon
  17. GaryJones

    Swindon Match Thread

    Brighton 3 Robins 1:p
  18. GaryJones

    Swindon Match Thread

    Brighton 1 Mark Robins 0 :p
  19. GaryJones

    Prediction/team tommorow

    A draw is on the cards - and that would be an improvement against a decent Swindon side! 2-2 I reckon.
  20. GaryJones

    Can't wait 6-12 months for insolvency Tim, sort it out now please!!

    6-12 months to insolvency?............................. More like 6-12 days according to Tim Fishers interview this morning! YOUR RIGHT THIS NEEDS SORTING NOW (AND I MEAN IN THE NEXT 2 WEEKS):(
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