Mucca Mad Boys
Well-Known Member
Oh ok, I just asking out of curiosity, I heard Christie to Newcastle and Stoke last season but they have cooled their interest, or have they? Murphy to Brum, that'd be a good move for him.
Just chat I hear at the ground SBT,could be fact or fiction but generally from people who commentate from the periphories at the club.
To be honest I've anticipated a sale or two come January regardless of current situation,the predicted loss of £3M. has to be coverd somehow so we'd need to raise minimum £1M. anyway.However offset the Cup income and that could have potentially been mittigated but for lower than expected gates and change of regime 5 loan signings etc.
Look....if ACL said that the club could play at the Ricoh for free that would not satisfy SISU. They want....nah DEMAND ownership. That is all there is to it.
I think they would take that. As we have paid about £8 million more than the market rate since moving in we should probably have it free for the next 30 years.
Agree, before mr got the job it leaked out that inces wage demands were too highI also take issue with those saying that the appointment of MR was a master stroke by Sisu. Do I not recall reading somewhere that he was not their first choice? or did I dream that? If he was not, then they have hit on a successful formula by default.......Rant over.
In agree with most of that. BUT Sisu did agree to pay the rent so why should they be allowed to get away from that agreement?Im with Sisu here, im sick of us not owning the ricoh outright and it making a profit off the back of our name. If the football club was not there stadium wouldn't be there and morally it belongs to us CCFC. I couldn't care less if ACL went bust why would i or should any of us. I dont think we should give them a penny until the last possible second and should not accept anything they offer until we feel like it. Lets face it if we left the stadium it would be knocked down as there would be no use for it.
Im with Sisu here, im sick of us not owning the ricoh outright and it making a profit off the back of our name. If the football club was not there stadium wouldn't be there and morally it belongs to us CCFC. I couldn't care less if ACL went bust why would i or should any of us. I dont think we should give them a penny until the last possible second and should not accept anything they offer until we feel like it. Lets face it if we left the stadium it would be knocked down as there would be no use for it.
I have to add here that I am a fully paid up member of the "hate Sisu"campaign
In agree with most of that. BUT Sisu did agree to pay the rent so why should they be allowed to get away from that agreement?
We need to get in our heads though its not Sisu getting away with the rent, its CCFC our club and if we can get away with it so be it. Who are ACL to us, nothing.
Tyrone Courtman head of Cooper Parry Restructuring team said "We are helping Coventry's board to explore its options in the event that a deal cannot be reached with the landlords
These appear to be the key words ,so what are the options?:thinking about:
<p>
Those of us who live within the city boundaries own half of ACL so they definitely are not just nothing.
Quite right Coundon. I'm sure that nobody intended to insult you. Used to go to primary school in Coundon (Banks Road|)<p>
Those of us who live within the city boundaries own half of ACL so they definitely are not just nothing.
When can i claim the cash value of my share i live in the within boundaries?
<p>
Once ACL have paid off Yorkshire bank, they can pay a dividend to the council. At that point you will receive your share in the form of lower council tax.
So yet more profit off the back of the football club is taken away from it. Hence my argument from the start. Finished.
So yet more profit off the back of the football club is taken away from it. Hence my argument from the start. Finished.
<p>
Who do you think should pay off Yorkshire bank then? Remember this is the real world, a £20m mortgage doesn't just go away because you dont like it.
CCFC will take on the £15m mortgage when we own the stadium and receive 100% of the revenue we should be getting. As a CCFC fan i certainly dont want profit from my football club getting spent on reduced council tax payments thats a fact. Its hideous.
I'm afraid people on this board are only part correct when they say Cooper Parry specialise in administration.
Cooper Parry are far more in the market of fire sales of failing companies through to full insolvencey recovery.
The truth is there is nothing to really sell or restructure and this would not be done as a PR move...This is only bad news.
thought i would add this......
Tyrone Courtman
Position: Partner, Recovery
What’s your main area of expertise?
I am a Chartered Accountant and Licensed Insolvency Practitioner. I have over 25 years’ experience advising and helping owner managed businesses to survive and prosper. I help management, major financial institutions, creditors, employees, private investors, pension funds and business owners to deal with financial and operational crisis in their businesses and those of their customers. Typically I will assist management in developing and affecting a strategy to deal with the commercial imperatives and will assist in effecting a turnaround, some form of financial or operational restructuring, conduct a distressed M&A exercise or alternatively look to affect a strategy that will maximise the recovery of assets in distress.
Tyrone (49) is a Chartered Accountant (1986), a fellow member of ICAEW, and a Licensed Insolvency Practitioner (1989). He is lead partner of the firm's business restructuring, recovery and insolvency services practice. He has extensive (over 20 years) experience advising lenders, corporate's, distressed investors and individuals in complex financial restructuring and recovery situations across a broad wide of industry sectors and jurisdictions.
Tyrone's considerable experience includes
Advising on and helping owners implement business turnaround, performance improvement and recovery plans
Business process re-engineering and activity based costing
Acting as chief restructuring officer (CRO)
Leading distressed mergers and acquisitions
Acting as Expert Witness
Mediation and negotiated settlements
Accepting formal insolvency appointments as Administrator, Administrative Receiver, Liquidator, Trustee, Receiver and Supervisor of both corporate and individual voluntary arrangements
<p>
And if ccfc pay a fair price for the stadium then I would be happy for the club to be in that situation. No city fan disputes that the club should own the ground, its the way sisu/ccfc have gone about it that I have a problem with.
<p>
Who do you think should pay off Yorkshire bank then? Remember this is the real world, a £20m mortgage doesn't just go away because you dont like it.
1.2M x 25 years = 37.5M </p>
<p>We could almost buy the stadium twice over without even taking food, drink and parking into consideration. </p>
<p>ACL are robbing us blind.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?