Without a buyer, the obvious solution is to keep cutting costs until the club becomes viable. Unfortunately, that might mean the club drops out of the Football League. A tragedy for the 8th largest city (?) in the country but no one owes Coventry City and their fans a free ride.
SISU aren't the real culprits: the previous owners created the problem by selling Highfield Road and plunging the club into enormous debt. SISU stupidly bought into it expecting a return on their investment. After poor managerial choices and poor transfer decision, SISU decided to cut their losses.
Nothing wrong with that. Even their decision to try to distress ACL happens in the harsh real world of business and commerce. But that gamble failed.
Now SISU own a football club with very, very few assets and there won't be many buyers.
If the Cov fans rallied to their team and turned up giving attendances of 20,000 plus, it would generate funds for the club, funds for SISU to give them a way out and it MIGHT attract a buyer.
All sympathy with the Coventry fans but they are risking the future of their club by indulging in a ideological clash with the owners - and the owners SISU don't care
https://www.theguardian.com/football/blog/2016/oct/12/coventry-city-decline-despair-league-one
Saw this comment below the line from a neutral that sums my view up too:
If I thought if turning up every week with 20,000 others it would send them on their way after 2 years I'd be right there with my 18 match package but it won't, its bollocks, they still have a vested interest in hanging around and they will go only when they have exhausted all court action and sucked the remaining few assets out of the club.
Their wonderful accountants would still create a situation where the club was making losses whatever we did and therefore debt grew and tax avoidance could be achieved elsewhere in the group.
Maybe you're right. However, the boycott may assist SISU in their court pursuits. Would a neutral rational person believe that trying to make the club self-sufficient is a bad thing? Is it illegal to sell assets, have any even been sold aside from business as usual player sales? (shame such a fuss wasn't kicked up when the club's actual home was sold in 2000). The boycott will not help the club one bit.
As for the group, what group are you talking about? The only group the club is in is SBS&L. This line about the club being a useful tool to offset taxes is absolute nonsense imo.
Any proof it is nonsense? you as well as all of us have opinions. I'm with Ashdown on this one up to a point. No business hangs on to one that they've almost(For all intents and purposes) strangled to death yet refuses to sell on! I wonder why?
Because of the point Ashdown made in paragraph 1 - the court action.
How would a £1.6m loss for last year (funded by SISU - if it was actual expenditure and not a paper loss) offset taxes paid elsewhere and how would it be beneficial? Please explain it to me as I must be missing something.
he has a point. i think 32k attendence for chesterfield would do more good than a boycott would.
It wasn't JS who said that.i seem to remember JS saying, at the start of last season that 11k was a break even figure re attendance,
then half way through the season, with the avge att being just over 11k, JS upped the required att figure to 13k,
the neutral, in that guardian article, either chose to ignore that or considered it of no consequence
Can you please explain to me about the Wilson, Maddison, Clarke, and Bigi money that was supposed to be used to strengthen the squad when only stripping the playing staff down to a squad that is no way, as good as the squad that played Arsenal when we played them in the Cup? Norwich gave us a beating 6-1.. What would Arsenal have done to this squad?
It wasn't JS who said that.
i think either way its a slow death... By boycotting we are working towards the demise of the club (not selling it), by filling we are inviting them to stay. Both are shite options!!he has a point. i think 32k attendence for chesterfield would do more good than a boycott would.
All these people saying 'let's fill the Ricoh', what's your strategy for convincing 20,000+ disinterested, angry and fed up supporters to fill the ground for a game?
https://www.theguardian.com/football/blog/2016/oct/12/coventry-city-decline-despair-league-one
Saw this comment below the line from a neutral that sums my view up too:
Ignore the question as usual. I won't bother trying to get you to answer anything again as you can't. As for the squad that played Arsenal, don't exaggerate. Wilson didn't play that day, only Christie, Murphy, Fleck and maybe Adams I think would get into today's team.
Dan Seabourn, Andy Webster, Billy Daniels? I believe we've got better than those 3 in Willis, Turnbull and Bigi. Not that you'd really know mind.
"If only everyone starts buying our product" isn't a fucking business plan. No one owes Sisu twenty thousand fans FFS. I mean if the same started turning out for Nuneaton they'd improve too. Such a stupid argument. What other business would you say that's about and not be looked at as a simpleton.
Still, gives you an easy out I suppose. Somehow blames customers for the results of a business. Stops you asking awkward questions, so I see why you like it. Nice dose of superiority complex thrown in, which always goes down well around here.
you are so defensive. its weird
What am I defending exactly? Common sense? Basic business acumen? Please, enlighten us all with your misspelt wisdom.
Go, on try and contribute. We wont take the piss, everyone has to start somewhere.
Here's an easy one: name me one other business that can successfully blame their lack of customers on the customers themselves. I'm sure you've got loads of examples.
Who owns SBS & L ? Do these owners also own other companies ? Is there a larger company above a group of them ? It's true I'm not sure myself but the only sense in the 'paper losses ' that we have been enforced to endure is an offset against successful ventures and investments elsewhere?Maybe you're right. However, the boycott may assist SISU in their court pursuits. Would a neutral rational person believe that trying to make the club self-sufficient is a bad thing? Is it illegal to sell assets, have any even been sold aside from business as usual player sales? (shame such a fuss wasn't kicked up when the club's actual home was sold in 2000). The boycott will not help the club one bit.
As for the group, what group are you talking about? The only group the club is in is SBS&L. This line about the club being a useful tool to offset taxes is absolute nonsense imo.
Tell them its a JPT regional final against Crewe. That should guarantee over 30k.
Who owns SBS & L ? Do these owners also own other companies ? Is there a larger company above a group of them ? It's true I'm not sure myself but the only sense in the 'paper losses ' that we have been enforced to endure is an offset against successful ventures and investments elsewhere?
Personally I'm not really on a 'boycott' myself, I just struggle to raise the enthusiasm to pay over 30% for the same ticket I bought last year, often to sit on my own now, watching a team that has thus far been cobbled together with the minimum of expenditure and poorly managed. All this off field stuff and talks of short termism is a huge turn off too and I'm sick of being lied to by that utter fraud Fisher and his pay masters. Couple all that with a declining income and you start to get into the habit of saving your money for the boozer later on a Saturday/Tuesday/Wednesday/Sunday/Thursday night !!?
I'll always be Sky Blue, that will never change but I'm just on a little long term gardening leave from the game at the moment.
Ignore the question as usual. I won't bother trying to get you to answer anything again as you can't. As for the squad that played Arsenal, don't exaggerate. Wilson didn't play that day, only Christie, Murphy, Fleck and maybe Adams I think would get into today's team.
Dan Seabourn, Andy Webster, Billy Daniels? I believe we've got better than those 3 in Willis, Turnbull and Bigi. Not that you'd really know mind.
If I thought if turning up every week with 20,000 others it would send them on their way after 2 years I'd be right there with my 18 match package but it won't, its bollocks, they still have a vested interest in hanging around and they will go only when they have exhausted all court action and sucked the remaining few assets out of the club.
Their wonderful accountants would still create a situation where the club was making losses whatever we did and therefore debt grew and tax avoidance could be achieved elsewhere in the group.
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