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"Coventry City owners lead club to Northampton and towards the abyss" (5 Viewers)

  • Thread starter MichaelCCFC
  • Start date Dec 2, 2013
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covmark

Well-Known Member
  • Dec 2, 2013
  • #106
lordsummerisle said:
Really surprised that Weber Shandwick haven't been shouting this from the rooftops to be honest, would make Sisu look very silly if true.

For once would welcome some statements from both ACL and Sisu on this.
Click to expand...
agreed, massive game changer if it's true.
 

ccfcway

Well-Known Member
  • Dec 2, 2013
  • #107
Les Reid is now Tweeting that he is asking for the CCC to confirm this
 

Sky Blue Kid

Well-Known Member
  • Dec 2, 2013
  • #108
covmark.....when you've removed yourself from SISU's arse maybe you'd like to post some of your own facts.
 

bigfatronssba

Well-Known Member
  • Dec 2, 2013
  • #109
lordsummerisle said:
Really surprised that Weber Shandwick haven't been shouting this from the rooftops to be honest, would make Sisu look very silly if true.

For once would welcome some statements from both ACL and Sisu on this.
Click to expand...

I'm sure our glourious Les already knew about this and is grilling them now as we speak.
 
R

RPHunt

New Member
  • Dec 2, 2013
  • #110
ccfcway said:
Les Reid is now Tweeting that he is asking for the CCC to confirm this
Click to expand...

If they do, he will claim it as an "Exclusive"
 

bigfatronssba

Well-Known Member
  • Dec 2, 2013
  • #111
ccfcway said:
Les Reid is now Tweeting that he is asking for the CCC to confirm this
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Again an example of how he doesn't understand this.

An offer of rent will have come from acl, not CCC.
 

mrtrench

Well-Known Member
  • Dec 2, 2013
  • #112
That's just about all Les Reid is good for - tweeting and following up on other people's scoops.
 

skybluetony176

Well-Known Member
  • Dec 2, 2013
  • #113
ccfcway said:
Les Reid is now Tweeting that he is asking for the CCC to confirm this
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is he asking joy and the FL the same? in the interest of producing a balanced argument.
 

ccfcway

Well-Known Member
  • Dec 2, 2013
  • #114
skybluetony176 said:
is he asking joy and the FL the same? in the interest of producing a balanced argument.
Click to expand...

er, perhaps someone should just ask the FL
 

mrtrench

Well-Known Member
  • Dec 2, 2013
  • #115
It does strike me that the Hoffman offer is effectively that SISU could play at the Ricoh for free. All he asked for was a share of the increased revenue.
 

covmark

Well-Known Member
  • Dec 2, 2013
  • #116
Sky Blue Kid said:
covmark.....when you've removed yourself from SISU's arse maybe you'd like to post some of your own facts.
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ahh the village idiot, where have you been, I've missed you.
 
D

DaleM

New Member
  • Dec 2, 2013
  • #117
RPHunt said:
An interesting follow up by David Conn that reiterates his claim about the rent free offer:

"Thanks for the kind words Houch87. However, on your list of points, where you say ACL never offered a rent-free deal; they have within the last few weeks, an offer made and communicated via the Football League which was trying to see if a deal could be done. Sisu rejected that offer, to return the club to the Ricoh Arena rent-free."

Click to expand...

If this turns out to be true can the Sixfields few please , please boycott theses sharks. If it is true what a bunch of wankers our owners truly are.
 

skybluetony176

Well-Known Member
  • Dec 2, 2013
  • #118
ccfcway said:
er, perhaps someone should just ask the FL
Click to expand...

I've sent them an email but from experience it takes about a week to get a reply.
 
A

Ashdown1

New Member
  • Dec 2, 2013
  • #119
DaleM said:
If this turns out to be true can the Sixfields few please , please boycott theses sharks. If it is true what a bunch of wankers our owners truly are.
Click to expand...

If this is true it truly mocks anyone who has given the hedge fund the benefit of the doubt and followed their shambolic exodus to Northampton.
 
W

wingy

Well-Known Member
  • Dec 2, 2013
  • #120
bigfatronssba said:
I'm sure our glourious Les already knew about this and is grilling them now as we speak.
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He certainly had a damascine Conversion as he was quite scathing on Sky after one of the Administration meetings. The final one I think
 

tisza

Well-Known Member
  • Dec 2, 2013
  • #121
Knowl on gmk reckons it was rent free but had to pay match day costs and no access to match day revenue streams
 
S

Snozz_is_god

New Member
  • Dec 2, 2013
  • #122
DavidConn 02 December 2013 5:16pm

Recommend 18

Thanks for the kind words Houch87. However, on your list of points, where you say ACL never offered a rent-free deal; they have within the last few weeks, an offer made and communicated via the Football League which was trying to see if a deal could be done. Sisu rejected that offer, to return the club to the Ricoh Arena rent-free.
 

Hobo

Well-Known Member
  • Dec 2, 2013
  • #123
Same old arguments? Me too...don't trust SISU they are out to shaft us.
 

Sky Blue Kid

Well-Known Member
  • Dec 2, 2013
  • #124
@ covmark......Been busy trying to pick up tips from you the "Cities idiot".......Nothing of any worth yet!
 

skybluetony176

Well-Known Member
  • Dec 2, 2013
  • #125
tisza said:
Knowl on gmk reckons it was rent free but had to pay match day costs and no access to match day revenue streams
Click to expand...

must be right then.

even without the access to match day revenue there is no way RFC can eat that many burgers to make sixfields a more attractive financial prospect.
 

Grendel

Well-Known Member
  • Dec 2, 2013
  • #126
covmark said:
ahh the village idiot, where have you been, I've missed you.
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He's been recovering from his frontal lobotomy - painful so I've heard.
 
J

Jack Griffin

Guest
  • Dec 2, 2013
  • #127
I think we need to thank Davids Conn for this important piece raising the profile of the club's plight.
 

lewys33

Well-Known Member
  • Dec 2, 2013
  • #128
I must say the twitter row is very amusing!

I also found it highly amusing how people have questioned the facts of a well respected national journalist, and would rather stick up for their bestest pal Les Reid. OH THE HILARITY!
 

Grendel

Well-Known Member
  • Dec 2, 2013
  • #129
tisza said:
Knowl on gmk reckons it was rent free but had to pay match day costs and no access to match day revenue streams
Click to expand...

£300,000 a year then - another bit of spin gulped in by the masses.
 

lewys33

Well-Known Member
  • Dec 2, 2013
  • #130
Grendel said:
£300,000 a year then - another bit of spin gulped in by the masses.
Click to expand...

Do they not pay match day costs at Northampton?
 

skybluetony176

Well-Known Member
  • Dec 2, 2013
  • #131
Grendel said:
£300,000 a year then - another bit of spin gulped in by the masses.
Click to expand...

just remind me, how much do sh1tsu earn from F & B at sixfields. if its any less than £ 300,000 they are screwing the club over, me & you too.
 

bigfatronssba

Well-Known Member
  • Dec 2, 2013
  • #132
Grendel said:
£300,000 a year then - another bit of spin gulped in by the masses.
Click to expand...

Presumably acl should pay sisu to allow city to play there?
 

lewys33

Well-Known Member
  • Dec 2, 2013
  • #133
I would also like to point out I am thrilled that Les Reid thinks that the JR decison was right and he believes the council should have to answer as to why they bailed ACL out. I am also thrilled that he has questioned how they are going to pay for this. Ironic.
 

James Smith

Well-Known Member
  • Dec 2, 2013
  • #134
oldskyblue58 said:
Lets be clear that CCFC were repaid all but 308k of their net investment in the Arena project. In being so paid they deposited not only the monies spent and shown as assets but also all the associated debts into the arena project. If this had not happened then we would not be having this conversation because the club would have been liquidated in all likelyhood. Considering the distressed state of CCFC at the time they did well not to lose far more than £308k on the deal that was done 19/12/03

CCFC H Ltd had the option to purchase the site of the stadium and never exercised that option (it lapsed before 31/05/02). CCFC at no time ever owned the site. The council acquired the title to the site after the CCFC option on it failed. CCFC didnt have the money to purchase it.

Having gained the title to the site the council sold part of it to Tesco. They could only do that because they had title to it. Therefore any profit or funds from the deal belonged legitimately to CCC. Those funds were then invested in the build, together with £10m of council money and various grants etc. put the initial CCC investment at over 70m (nearly 80m when you factor in the interest received that was involved and the contribution recieved from selling rights to the casino build)

Talk that the council paid £10m are wrong or that there should be some inclusion of CCFC's contribution, the most it could have been was 308k


Talk of 4m for the site frankly looks a little silly ..........
Click to expand...

You think it was less?
 
V

valiant15

New Member
  • Dec 2, 2013
  • #135
Grendel said:
£300,000 a year then - another bit of spin gulped in by the masses.
Click to expand...

Have you purchased the clockwork angels dvd yet?

Fantastic.
 

Hobo

Well-Known Member
  • Dec 2, 2013
  • #136
One thing is clear ACL have shifted, SISU keep stepping back and have never tabled an offer. They are driving this conflict and bleating they are the victims.

What has Seppala and Fisher done for fans and don't say fans forums. Don't say Academy because they have messed that around despite it being their lifeline...given us the most basic squad and continue to pay wages...minimum requirement or liquidate.

Pressley, players and fans are the only glimmer of light for this club.
 

ccfcway

Well-Known Member
  • Dec 2, 2013
  • #137
Grendel said:
£300,000 a year then - another bit of spin gulped in by the masses.
Click to expand...

So, Grendal, can you answer me this, at £300k for the Ricoh , would SISU be better off playing in Cov, or staying in Northampton on current rent agreement ?
 

lordsummerisle

Well-Known Member
  • Dec 2, 2013
  • #138
bigfatronssba said:
Presumably acl should pay sisu to allow city to play there?
Click to expand...

It works for Tennis.
 

James Smith

Well-Known Member
  • Dec 2, 2013
  • #139
wingy said:
That Bloke from the Airport?!!
Click to expand...

Jeremy Spake?
 

James Smith

Well-Known Member
  • Dec 2, 2013
  • #140
lordsummerisle said:
"You're Goddamn right!"
Click to expand...
Always wanted to know were Aeroflot a good airline to work for?
 
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