chiefdave
Well-Known Member
That's how the Pompey trust took over. There was another bid that would have got those owed money more back but the FL said they'd only consider issuing the golden share to the trust.
That's how the Pompey trust took over. There was another bid that would have got those owed money more back but the FL said they'd only consider issuing the golden share to the trust.Am I right in thinking that the football league take back the golden share at the administration stage, and don't have to automatically give it to who ever the administrator deicides can take over the club .
That's how the Pompey trust took over. There was another bid that would have got those owed money more back but the FL said they'd only consider issuing the golden share to the trust.
Not being well versed in the legal side of things could someone please tell me the first J R has been completed has it not? Has any side been awarded costs to cover their legal expenses . If so I would presume that would be C C C is there a time limit for payment if so how long and what action can be taken and were Sisu the only name on the papers ? As for the 2nd J R are Otium named on this so that it is the one that would be liquidated to try and cover costs.
SISU were not named as an applicant on either the JR1 or JR2 and are not directly liable for any costs .
names on the court actions
JR1 - ARVO, SBS&L (CCFCH until liquidated) vs CCC, with interested parties ACL & AEHC
JR2 - SBS&L, ARVO, Otium Entertainment Group vs CCC, with interested parties ACL,Wasps Holdings & AEHC
Apparently Otium has been assured that it wont have to pay any of the legal costs. No evidence of that assurance has ever been produced. SBS&L doesn't trade and has no surplus funds, its only "asset" are its shares in Otium. ARVO is not based in this country. Otium is the only entity that trades based in England.
All these companies before you get to Sisu, we know it's not illegal ( but it should be ) bastards.
Needs reporting to the BBC rogue traders on Watchdog.
OSB just a question can CCFC just be liquidated without going through administration? Or I there a process
Pretty sure you knew what he meant?e.g. COVENTRY CITY FOOTBALL CLUB LIMITED was liquidated in 2015.
COVENTRY CITY FOOTBALL CLUB LIMITED - Filing history (free information from Companies House)
Closing a limited company
OSB just a question can CCFC just be liquidated without going through administration? Or I there a process
If you were a citizen of Coventry and not a city fan would you not be concerned about the loss of the millions in economic benefits having a professional football club brings to the city each year? Or the loss of all the work Sky Blues in the Community does?Every turn our owners make cost the Council ( the ratepayers of Coventry) precious money . If I was a citizen of Coventry and not a city fan I wouldn't be bothered whether they got anymore years at the Ricoh or not.
Never said it was ,Tesco probably gain most around the Ricoh but the city itself not so sure. People tend to go watch the game and head home not all I know..Having a 1st division club may create some income for the City but millions?
If the Council had actually sold the RICOH for what it was worth then we would not be faced with 3% increase again this year!!! FFS some fucker did ok out of this shambles if you ask me?If you were a citizen of Coventry and not a city fan would you not be concerned about the loss of the millions in economic benefits having a professional football club brings to the city each year? Or the loss of all the work Sky Blues in the Community does?
Totally clutching at straws there Dave, your average Coventrian couldn’t give a shit about the football club.If you were a citizen of Coventry and not a city fan would you not be concerned about the loss of the millions in economic benefits having a professional football club brings to the city each year? Or the loss of all the work Sky Blues in the Community does?
They would proberbly welcome the reduction in match day traffic, the easier parking in Tesco’s and the reduction in antisocial behaviour, not to mention the reduced demand on police etc.
Never said it was ,Tesco probably gain most around the Ricoh but the city itself not so sure. People tend to go watch the game and head home not all I know..Having a 1st division club may create some income for the City but millions?
I am genuinely not sure which of the two topics I am now more bored / fed-up of....Brexit or the Ricoh dispute. Neither saga has an end in sight, either........
In what circumstances would this be preferable to administration or selling as a going concern OSB. I'm curious as to how this might play out pending the courts decision on the appeal.You don't need administration first to liquidate a company. The directors can go straight to liquidation process
If you were a citizen of Coventry and not a city fan would you not be concerned about the loss of the millions in economic benefits having a professional football club brings to the city each year? Or the loss of all the work Sky Blues in the Community does?
You can’t even file a complaint against them let alone a vote of no confidence.Any chance we can have a vote for confidence / no confidence in our leaders ?
We voted Brexit. Do you really think negative economic forecasts affect voting patterns?
Yes. The same people who argued that the marches from Gosford Green meant the people felt one way now argue they don't care.I'll have to let you do the digging, but at the time of the Wasps deal the council claimed that Wasps would bring millions of pounds into the City's economy. Even it they were making it up a bit to justify the deal (they were), then it's obvious that the football club would be worth at least as much, and even more if successful.
Again I love the fact that people here can extrapolate their opinions to cover all of the taxpayers in Coventry. Everyone that went to Wembley has some sort of affection for the club. There are at least 10,000 who'll still pay good money even at the level we're currently at!
All of those people have family and friends. Even if only a small percentage cared enough to protest or kick up about the club folding or moving out of the town, that's still an awful lot of people. I don't really get the 'no one's interested/it's not worth it anyway' claims...
If ccfc folded unfortunately it would be five minute issue we have had the top speedway team for years in this country the Bees leave the Coventry area and now ply their trade in Leicester no less was there any mass protest ? No.
Still waiting for you to share for the charity bet you made.Sorry Fernand but it would, of course we’d be up in arms, local and national media be on the case, MPs etc, other fans sympathetic, demos and marches but what then ? This needs to be resolved and soon. The evidence and history is there, the Northampton issue for one, how many on the march against, MPs talking in the House making speeches did it stop it, no. Could easily have finished the club, for some it did many have never returned. Perhaps you could share your hopes or fears as to what might happen ?
Did you? You never replied, that doesn't equate to winning.Why I won
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