Rusty Trombone
Well-Known Member
Sorry if I'm missing your point here, but I can't see anything about the building in the linked story.
Hope this proves you wrong Rusty. Although your words are shrewdly put, I think you'll find he says part ownership in the Ricoh.http://www.coventrytelegraph.net/news/coventry-news/what-next-sisu-v-coventry-7363893
@ Mattylad......Someone else being sucked in by SISU. The "Mouthpiece for SISU" has said a few years ago that the break even attendance is 22k in the Championship. If SISU managed CCFC properly, they could very well have been getting well in excess of that figure every home game. Gillingham game proves this.
That 22K figure may have been true on the basis of the old rental contract, but that is now dead & buried so can we stop mentioning it.
Unfortunately the reality won't become clear till Sky Blue Sports & Leisure accounts become available end Feb 2016, showing this seasons figures.
Also the 22k attendance break even figure isn't just to cover the rent cost, it was mainly wages. If you use the £10 average ticket figure which I believe to be correct, then the crowd needed to be 5,200 each game to cover the rent.
5,200 was still too many, but as you say that was an old deal that will never be seen again.
[/B]
And soon our owners will never be seen again:claping hands:
I'm not as certain about that as you. I think that now costs have been reduced, and income increased, they may well be able to pay themselves some of that interest they've been accruing.
Its got nothing to do with the amount they could pay themselves now,but the amount they couldn't pay themselves before:thinking about:
Its got nothing to do with the amount they could pay themselves now,but the amount they couldn't pay themselves before:thinking about:
I don't know what you mean, I've never been that good with riddles.
I think you will find that some investors have lost patience others are worried about other investments,ie a lot of money has been lost here and the money now being made is not enough.
It will be interesting to see what happens in the next few weeks then.
Talking of rumours and leaks of information Bennett's Afro doesn't seem to post much these days.
Not sure what you're saying here. The quotes are about ACL, but the argument is about the building.
Potato Pot-ah-to.
The difference between a long leasehold and a freehold is virtually nothing. Get ACL and you get the building essentially.
Ok, that may or may not be the case, but going the other way around which is what Fisher is talking about doesn't work.
If you get the building you don't get the lease. He talks of owning the stadium, not ACL.
It will be interesting to see what happens in the next few weeks then.
Talking of rumours and leaks of information Bennett's Afro doesn't seem to post much these days.
As I've said a few times before on here, could that be sisus starting position when in fact the leasehold/ownership of ACL might be a satisfactory outcome?
Sisu will be gone in next 12 months
@ Samo....You say you make balanced posts, but then like a child ask..."What are SISU's real intentions"...and "Do they really want promotion"....and saying they "Can't afford the rent in the Championship" I would have thought relegation without a fight, and 3 years of being in the worst ever position for over 50 years should be screaming the answer at you. My hatred for SISU has no bounds knowing what they do and how they do it before they even took control of CCFC. When they did (Take control) I said it will only end in tears, and predicted possible Non league football, or worse......and lastly @ Mr pisstaker hill83....Read what I've said to Samo.
What is their strategy for exiting the club?
Sorry just got back from Sainsburys the answer to your question is I dont know just what we've been told remember we told you Labo was going Sisu leaving we were told at the same time. What I do know is that more pressure is being put on Sisu for example article published by the biggest publishers in Finland. I would love to tell you what it said but its in Finnish:facepalm: but trying to get it translated. More pressure middle of October when a documentary is aired. For someone who doesn't like publicity our Joy has certainly gone about things the right way to ensure she gets loads and so far none of it good:claping hands:
Sorry just got back from Sainsburys the answer to your question is I dont know just what we've been told remember we told you Labo was going Sisu leaving we were told at the same time. What I do know is that more pressure is being put on Sisu for example article published by the biggest publishers in Finland. I would love to tell you what it said but its in Finnish:facepalm: but trying to get it translated. More pressure middle of October when a documentary is aired. For someone who doesn't like publicity our Joy has certainly gone about things the right way to ensure she gets loads and so far none of it good:claping hands:
A Finnish article?
How damaging can that be to sisu who have a small office in the UK and do their business through the Caymans?
I just wonder.
Having said that - sisu could well be leaving. Remember the long term debts suddenly turned short term? Expiring in December.
But who do you think they will hand over the shares to?
ARVO perhaps?
Coventry City say they will never play in Coventry again and are pressing ahead with plans to build a new stadium near the city.
:
But Fisher said: “People have to understand we do not posture, we do not threaten, because that is not how you do business, you only do business in good faith. Always.
Read more.. http://www.coventrytelegraph.net/news/coventry-news/coventry-city-chief-left-ricoh-3869400
'I also said that we would build a new stadium. So, while I understand the emotions - absolutely - I don't understand the surprise.
'You cannot posture or mislead in a situation like this. It would be insane.
:
'And so, regrettably, Coventry City Football Club will be sharing with Northampton Town for the next three seasons, minimum.
Read more: http://www.dailymail.co.uk/sport/fo...ismayed-Ricoh-Arena-fiasco.html#ixzz3CeNJsfLt
Follow us: @MailOnline on Twitter | DailyMail on Facebook
@ Samo....You say you make balanced posts, but then like a child ask..."What are SISU's real intentions"...and "Do they really want promotion"....and saying they "Can't afford the rent in the Championship" I would have thought relegation without a fight, and 3 years of being in the worst ever position for over 50 years should be screaming the answer at you. My hatred for SISU has no bounds knowing what they do and how they do it before they even took control of CCFC. When they did (Take control) I said it will only end in tears, and predicted possible Non league football, or worse......and lastly @ Mr pisstaker hill83....Read what I've said to Samo.
That achieved everything that he was asked to do line from Fisher is curious. Presumably he was asked to oversee a failed move to Northampton.
Or break the rental agreement at any cost?
Or break the rental agreement at any cost?
It does seem that the club have now got everything that they asked for, that ACL wouldn't give under any circumstances before.
Makes you wonder why they couldn't have agreed the current deal back in March 2013.
So, the club was asking for a deal that isn't viable in the Championship?
Can't have it both ways.
Or break the rental agreement at any cost?
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