thaiskyblue
New Member
hAVING JUST READ THE THE COV TELEGRAPH INTERESTING TO SEE THE UNIVERSITY HAVE STOPPED SPONSORSHIP, AND ONLY 5 KIT SPONSORS REMAIN. LOOKS LIKE TIME TO LEAVE TOWN SHITSU, OOPS SORRY YOU ALREADY HAVE. :wave:
LOOKS LIKE TIME TO LEAVE TOWN SHITSU
I think that SISU will now have started to appreciate that the running of a Football Club like Coventry City is very different from any other type of business model. With most business models you manage the business by seeking out customers and satisfying a need. The customer by and large cares little about how you go about your business. With a football club the owners are managing the club on behalf of the customers. With a football club, the customers are the business.
The benefit sponsors get is through the association to a business which is tied emotionally to a large community who will favour anyone who is seen to be a friend to ‘my club’. When the club you love is being sacrificed to satisfy the ego's and avarice of people who care not for the team or supporters, but for greed beyond reason, then being seen as a supporter of that company holds few benefits. It will be very interesting to see who it is will be our shirt sponsor. Whoever it is runs the risk of being branded as contemptible and will most certainly be viewed with mistrust by most people who have a lifetime of emotion invested in CCFC.
i think you've hit the nail on the head there.
google welcolme break sisu and look at their history of trying to force a takeover of welcolme break and a price they want with whats happened at our club.
a breif rundown is that they were the majority junior share holder (in other words they were'nt senior share holders, which i believe means they didn't have a place on the board) the board wanted to restructure their debt so to put themselves in a better position to trade out off debt (mmm, restructure debt where have we heard that before. Oh yes, abit like CCC taking over the debt that ACL had partly because they had a tenant on rent strike). anyway shitsu attempted to block the restructuring by using, wait for it, Judicial review (cant think where they have done that since:thinking about .
so yes you are right they are treating our club like any other business and perhaps they are now realising that there is more to a football club than there is to a chain of motorway services.
what i cant believe is that anyone who supports the club still think its been about food and beverages and not a forced takeover of the ricoh at a knock down price. this is what hedgefunds do.
I thought you said SISU weren't on the board? You're criticising them for blocking a debt restructure. Yet when Coventry City Council blocked a similar deal, it's OK.
Honestly, the hypocrisy on this forum. Try reading my post again, even better look on google as i suggested and read it for yourself
Well done for catching on to the plan, I've said it for months & month but still there are imbeciles on here who believe SISU intend to set up a franchise in fucking Northampton.
but I would not entertain any meeting with Joy unless it was about rent only
Why wouldn't you entertain the concept of the football club owning its football stadium?
Why?
If SISU owned the Ricoh we would be dead, they would not neeed or want to Football club anymore.
Any proof to suggest they would just get rid of the club?
when did CCC take shitsu to court for restructuring debt? i must have missed that one.
and for the record i dont think shitsu want to set up a franchise in northampton. thay want the ricoh, end off and if they dont get it they will hopefully cut the millstone that is CCFC of from around their neck and sell up to cut their losses but my biggest fear is that they will just let the club disapear out of spite.
Why?
If SISU owned the Ricoh we would be dead, they would not neeed or want to Football club anymore.
Why?
If SISU owned the Ricoh we would be dead, they would not neeed or want to Football club anymore.
Given their track record I'd want a bit more security than Tim and Joy saying 'don't worry, everything will be fine'.
They didn't. They reneged on a deal whereby SISU would buy ACL's debt.
I think the point is that not even the football club was in one company so if sisu got there hands on the arena it would be split up into many companies , granted all under a master umbrella but don't see the m/o of sisu changing if they got the rioch and a profit making city asset would just be saddled with debtIf you accept the logic that the value of the Ricoh goes down because the club has moved oput, and that is their cunning plan now... why would the Ricoh not need the football club?
According to one side - and that side has people that seem to think they can get away with telling bare faced lies in court. So excuse me if I am a little sceptical.
Why has it never been denied by the other side?
Which can be done while negotiating.
As opposed to a position that football club should not own football stadium full-stop, which seems a rather baffling one to me.
I think the point is that not even the football club was in one company so if sisu got there hands on the arena it would be split up into many companies , granted all under a master umbrella but don't see the m/o of sisu changing if they got the rioch and a profit making city asset would just be saddled with debt
So are we deciding the council are idiots, unable to negotiate a deal with clauses in it to ensure club and stadium remain linked together?
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