BackRoomRummermill
Well-Known Member
King of Shaves ffs
They could do if they stick around for 6 months, back MR with funds in Jan and get us promoted via the playoffs.Sisu will NEVER see a full return on that debt
That there is a problem. There was a chance they could have.Sisu will NEVER see a full return on that debt
The DK takeover hasn’t actually happened yet.
Even if it is legit there is nothing stopping Ashley jumping in before it’s gone through.
Ashley will only be interested in owning 100%.How about.... King (sisu's mate remember) to offer his 85% to Ashley on basis that its the 'best thing for the club and stadium to be one' or a line like that. That makes it easy for Ashley to acquire, Sisu get to come along for the ride with their 15% on the hope Ashley gets us promoted and Sisu can say they did all they reasonably could
Point of order, but you've been the one arguing the figures and being wrong every time, so if the cap fits...(….waits for some asshole to argue figures for sake of looking a c**t - you know who you are)
Yep, I’ve said that a couple of times. You might be right.How about.... King (sisu's mate remember) to offer his 85% to Ashley on basis that its the 'best thing for the club and stadium to be one' or a line like that. That makes it easy for Ashley to acquire, Sisu get to come along for the ride with their 15% on the hope Ashley gets us promoted and Sisu can say they did all they reasonably could
wow, state of some folk
the interview clearly said we may not get the ground but he was still in
also ma isn't going to kick the club out
I said SISU couldn’t afford to sell for less than £60m and the club wasn’t necessarily worth that and they couldn’t crystallise their losses.Point of order, but you've been the one arguing the figures and being wrong every time, so if the cap fits...
That there is a problem. There was a chance they could have.
£17m fit the stadium and then sell the lot for £75m
Stadium could be worth £35m, Squad etc. £40m
(….waits for some asshole to argue figures for sake of looking a c**t - you know who you are)
They had a real chance. Totally blew it.
I feel genuinely sorry for Joy, the Bondholders and the small creditors and those who’ve lost their jobs. Some seriously inept “big hitters” in this story.
They could do if they stick around for 6 months, back MR with funds in Jan and get us promoted via the playoffs.
Then take the premier league money, the TV money the sponsorship money, sell Vik, O'hare, Hamer and Sheaf and anyone else they can (?) And sell what's left to MA.
That's the only realistic option to maximise their return, because as it stands they won't get much from MA now.
Are you still clinging on to the idea that all of Doug King’s links to SISU are purely coincidental?
You've been spouting for however long absolute bollocks about the Arena sale price!I said SISU couldn’t afford to sell for less than £60m and the club wasn’t necessarily worth that and they couldn’t crystallise their losses.
I’m not sure that was wrong.
How?Pretty sure it could be taken up a few levels by a landlord if needed.
ACL not gone, is in administration so continues trading with existing contracts in place, including CCFC, exhibitions and concerts - just under a new owner.or can he? If ACL are now gone then all existing contracts are ripped up?
That it would be £35m. Yep. Got that wrong. Clearly worth that and surprised that underhand tactics combined with gross ineptitude meant MA nicked it.You've been spouting for however long absolute bollocks about the Arena sale price!
ACL not gone, is in administration so continues trading with existing contracts in place, including CCFC, exhibitions and concerts - just under a new owner.
Frasers Group said:We are delighted with the acquisition of the CBS Arena which will complement the Group’s existing portfolio of brands and investments. Through the acquisition, we are pleased to have been able to secure a long term future for the Arena, protecting jobs and supporting the local community. In particular, we are looking forward to working with Coventry City Football Club.
Andrew Sheridan said:This is a pleasing outcome, which helps secure up to 1,000 jobs in Coventry and ensures that the venue will continue to play a major role in the city’s economy as a world-class entertainment and hospitality venue and home for Coventry City Football Club.
Ashley will only be interested in owning 100%.
And as it stands, king has not had any approval from the football league so he doesn't have any say.
It clearly wasn't worth that, as nobody, but nobody bid that!That it would be £35m. Yep. Got that wrong. Clearly worth that and surprised that underhand tactics combined with gross ineptitude meant MA nicked it.
I’ll own my hubris. You’ve owned me chief.
However, if DK ups his £25m to £35m…..(unlikely)
This morning or just now just nowKing has just said that the deal with Sisu is done, just needs EFL approval.
Just open the stand behind the goal?How would it be viable? There crowds would be even smaller than they are now?
True. Looks like she had some bad advice from those around her. She learned to late.To think, they could have bought the Higgs 50% for about £7m and would have been in a much better position. Sorry for the little people? Absolutely Sorry for Joy? Not fucking likely.
Lease was far shorter, also no control over what happened to the ground.To think, they could have bought the Higgs 50% for about £7m and would have been in a much better position. Sorry for the little people? Absolutely Sorry for Joy? Not fucking likely.
Pretty sure it could be taken up a few levels by a landlord if needed.
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