Flying Fokker
Well-Known Member
Labovich was going to liquidate the club. ACL
Murky and multi layers of SISU. Build up debt.
New owners need to invest in the club and the area.
The only asset players(Shane Richie)
March 22nd SISU in court
SISU came in to bully and take control of the RICOH not to run the club thats how sisu do there business
not me saying that just what was said on the radioThat's not true, because this inevitable rent dispute would've happened a lot sooner. They also chose not but a share in ACL when they had the chance.
Such sweeping statements with no evidence.
Sound business reasons for taking the action as far as I heard. Sisu going to liquidate club no future tenant paying rent need to do what acl can to stop that happening
That second point was quite telling though - a veiled acknowledgement that ACL need the football club. They can claim this is all about saving the club for the fans, but ultimately they are acting in their own self-interest.
Others seem to have convinced themselves ACL can survive without the club, but at the slightest hint of liquidation ACL have taken drastic measures because they know that they can't.
Can anyone confirm what happens if the court ruling goes against SISU, to which SISU then mount a legal challenge? Do we go into administration at that point, or does the legal challenge have to heard first, and what are the typical timescales? My concern is that this could drag on for months..
That second point was quite telling though - a veiled acknowledgement that ACL need the football club. They can claim this is all about saving the club for the fans, but ultimately they are acting in their own self-interest.
Others seem to have convinced themselves ACL can survive without the club, but at the slightest hint of liquidation ACL have taken drastic measures because they know that they can't.
Listen for yourself but for me came across as a complete old buffoon to be honest and its clear they now want rid of SISU regardless of what the impact is to the football club…..
said decision was taken following a conversation with Mark Labovitch on Tuesday before the game (so this has had exactly two or three hours consideration by ACL?)
spouted on about how it had always been SISU’s aim to bully ownership of the Ricoh (in which case this whole rent thing would have kicked off 5 years ago?)
claimed that SISU needed to go so a new owner can invest in the land around the Ricoh (like that is the key essential to owning a football club?)
when it was put to him that administration would lead to a fire sale of players and potential points issues next year, said that would be for the administrator to decide how to run the club and they need to recover the debt (cant argue with that but it showed no heart for the fans)
when put to him that no one will be successful at the club until the rent and revenue streams are resolved reiterated that investment around the Ricoh would be needed for anyone to get a share in ACL sometime in the future
Seriously folks if he is a key player in ACL we are fooked because he has no clue what they have started.
I Agree. They are owned rent, fair enough. Go to court to get it, fair enough. But they need us alright.
Entitled to opinion but biasedListen for yourself but for me came across as a complete old buffoon to be honest and its clear they now want rid of SISU regardless of what the impact is to the football club….. said decision was taken following a conversation with Mark Labovitch on Tuesday before the game (so this has had exactly two or three hours consideration by ACL?) spouted on about how it had always been SISU’s aim to bully ownership of the Ricoh (in which case this whole rent thing would have kicked off 5 years ago?)
claimed that SISU needed to go so a new owner can invest in the land around the Ricoh (like that is the key essential to owning a football club?)
when it was put to him that administration would lead to a fire sale of players and potential points issues next year, said that would be for the administrator to decide how to run the club and they need to recover the debt (cant argue with that but it showed no heart for the fans) when put to him that no one will be successful at the club until the rent and revenue streams are resolved reiterated that investment around the Ricoh would be needed for anyone to get a share in ACL sometime in the future
Seriously folks if he is a key player in ACL we are fooked because he has no clue what they have started.
Listen for yourself but for me came across as a complete old buffoon to be honest and its clear they now want rid of SISU regardless of what the impact is to the football club….. said decision was taken following a conversation with Mark Labovitch on Tuesday before the game (so this has had exactly two or three hours consideration by ACL?) spouted on about how it had always been SISU’s aim to bully ownership of the Ricoh (in which case this whole rent thing would have kicked off 5 years ago?)
claimed that SISU needed to go so a new owner can invest in the land around the Ricoh (like that is the key essential to owning a football club?)
when it was put to him that administration would lead to a fire sale of players and potential points issues next year, said that would be for the administrator to decide how to run the club and they need to recover the debt (cant argue with that but it showed no heart for the fans) when put to him that no one will be successful at the club until the rent and revenue streams are resolved reiterated that investment around the Ricoh would be needed for anyone to get a share in ACL sometime in the future
Seriously folks if he is a key player in ACL we are fooked because he has no clue what they have started.
That's much better!
The land around it would generate revenue streams for the club though as I see it = increased investment opportunity ON the pitch...so seems a fair point to me. Thing is I thought that was a prime motivator for SISU from the start anyway?
ACL will soon follow ouit of business if CCFC go into administration followed by liquidation.
With the exception of a couple of dull bands playing this summer the stadium will just stand empty.
Nope as I said all along I don't like SISU I want rid of them as much as anyone but I also want the football club to move on in a sustainable and stable fashion. Being put into administration as opposed to a spun threat of liquidation (which as the like of OSB and I have previously said was highly unlikely given that they had very little to gain from doing it) is a backwards step for this club. Anyone who thinks different needs to wake up quick including the old fool on the radio this morningEntitled to opinion but biased
That's why SISU have threatened the liquidation. Bully boy tactics.
Shane Richie?
so ACL have a choice of having a tennant who doesnt pay the rent or SISU threatening to Liquidate the club which means ACL will end up with no tennant and no rent anyway, Looks like ACL were left with no option but to go down the administration route and hopefully find a new owner for CCFC to help build a future for the club and ACL together
THis is all about ACL not about Coventry City.
Yes defo.quite fit actually, nice arse.better than horse face kat.He moved up when he shacked up with the blonde one I reckon.
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