fernandopartridge
Well-Known Member
I've just realised why City Link won't renew their deal with CCFC (SISU).
Breaking news: Acl call off rent talks (4 Viewers)
- Thread starter AFCCOVENTRY
- Start date
I've just realised why City Link won't renew their deal with CCFC (SISU).
oldskyblue58
CCFC Finance Director
Now if we take TF at his word ACL are no longer worth what they once were........ so the original cost of £6.5m for the charity is on that basis somewhat less. TF tried to say ACL was worthless but lets say the value has halved so thats a potential loss to the charity of 3.25m
Had the charity invested that money at 2 % since 2005 then they could have earnt 1.25m in interest
so, ok this is pretty simplistic, the Charity has by its involvement in the project lost 4.5m to date. Will that change in the future perhaps, but if some here are right and the stadium is a big white elephant no. They should sell comes the cry, ....... well there has to be willing purchasers at a reasonable price and a level of trust that simply is not there at the moment from all concerned. TF was very clear he wouldnt pay a penny for the shares...... lot of bad water under burnt bridges since then.
dont see much evidence of lining pockets of ACL stakeholders........... maybe someone can prove differently
Yes the charity might make in the future but isnt that what investment all about you win some lose some...... sometimes up sometimes down, just depends when you cash it in
other than stating they have not taken anything out - they havent actually complained about their investment that is apparently worthless especially without CCFC
Had the charity invested that money at 2 % since 2005 then they could have earnt 1.25m in interest
so, ok this is pretty simplistic, the Charity has by its involvement in the project lost 4.5m to date. Will that change in the future perhaps, but if some here are right and the stadium is a big white elephant no. They should sell comes the cry, ....... well there has to be willing purchasers at a reasonable price and a level of trust that simply is not there at the moment from all concerned. TF was very clear he wouldnt pay a penny for the shares...... lot of bad water under burnt bridges since then.
dont see much evidence of lining pockets of ACL stakeholders........... maybe someone can prove differently
Yes the charity might make in the future but isnt that what investment all about you win some lose some...... sometimes up sometimes down, just depends when you cash it in
other than stating they have not taken anything out - they havent actually complained about their investment that is apparently worthless especially without CCFC
Last edited:
Nonleagueherewecome
Well-Known Member
The thread title is really misleading...
Nonleagueherewecome
Well-Known Member
This is what people simply do not get-that their illegal and amoral actions have been incredibly dangerous to our future. They have clearly not acted in our best interests-unless you make a ship go faster by blowing a hole in it's hull..
What field is this now MMM ?? You haven't gone all eggs in one basket with the japs again have you?
or dont want to help SUESUE destroy
SkyBlueBlood
Member
At least ACL put an offer on the table. What has SISU's contribution been reported as;
- We will not pay our contracted rent because it is too expensive.
- No we are not interested in lower rent we want you to give us the stadium and all income free of charge.
- We are going to break our contract to play in Coventry and go and play in Northampton until you do what we say.
Not really a negotiation is it!
- We will not pay our contracted rent because it is too expensive.
- No we are not interested in lower rent we want you to give us the stadium and all income free of charge.
- We are going to break our contract to play in Coventry and go and play in Northampton until you do what we say.
Not really a negotiation is it!
grego_gee
New Member
No its not really a negotiation, but since they didn't say any of that, not really relevant either!
whiteheadj
New Member
No but they did say "we will not pay the rent as it's too expensive" then they are offered a massive reduction in rent and say "we're not coming back as tenants".
This is one big game by sisu. They do not care about the football club all they want is the Ricoh. And not even for the football club. My favorite comment on here is the football club must own its own stadium. But sisu have already told us that they will build a stadium or buy the Ricoh and charge rent. So what's the point were back at stage one again.
Sisu want to make money and I don't think anyone has made money unless you are Manchester United or the like. So they have alteriour motives, and believe me they couldn't care about us fans so I don't care about them which is why I refuse to give them my money.
And they may not have verbally said those things but there actions have and remember that saying actions speak louder than words, well it's certainly true in this case.
