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here comes fisher (1 Viewer)

  • Thread starter jackmartin
  • Start date Jul 9, 2013
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procdoc

Well-Known Member
  • Jul 9, 2013
  • #176
Florence1898 said:
The pathetic administrator had no players because Fisher and Seppala moved them from Limited to Holdings, anyone with half a brain should legally pursue SISU,s fradulent practices, or are they beyond the law
Click to expand...

unfortunately every Sisu move thus far has been unethical rather than unlawful. The problem with business law is that there are so many loopholes to escape through and Sisu have exploited the lot!
 

The Penguin

Well-Known Member
  • Jul 9, 2013
  • #177
torchomatic said:
And why am I happy with being in L1? Where have I said "I AM HAPPY BEING IN LEAGUE ONE BECAUSE I THINK SISU ARE WIZARD"?
Click to expand...

Right there in that post, that's where!

 

torchomatic

Well-Known Member
  • Jul 9, 2013
  • #178
If I had a STRAIGHT CHOICE. Sixfields or playing at a SISU owned Ricoh then I would choose the Ricoh.

I never said we should give them the Ricoh for nothing, you might want to actually read what I did right. I said who knows what options ACL have to entice them to stay. Believe it or not, it's not up to me. FFS. IT would be up to ACL to decide what they wanted to do.

Astute said:
What I am saying is I can't understand how anyone would trust them with the Ricoh. The only thing we could trust them with is taking our club even further. Yet he seems to think giving them the Ricoh for nothing would be a good idea.

How many here can trust them with anything?
Click to expand...
 
Last edited: Jul 9, 2013

Astute

Well-Known Member
  • Jul 9, 2013
  • #179
torchomatic said:
I never said we should give them the Ricoh for nothing
Click to expand...

Post 147 and 152 on this thread?
 
D

Dhinsa's_Millions

Well-Known Member
  • Jul 9, 2013
  • #180
valiant15 said:
Hes just thinking about himself as usual. Yes let's hand over a multi million pound complex to a faceless bunch of crooks for free just so it doesn't spoil some people's Saturday afternoon routine. Id rather liquidation and start again.
Click to expand...

Sunday afternoon routine!!!
 
C

Cityfan1

New Member
  • Jul 9, 2013
  • #181
My belief is that, if we are ever going to see the back of SISU, they will have to had to have bought into the Ricoh, so that than can sell CCFC as a going concern, as at least a break even company.
 

torchomatic

Well-Known Member
  • Jul 9, 2013
  • #182
Post 147: They (ACL) can either say "have the stadium" or something similar. They. i.e. ACL
Post 152: "If it keeps Coventry City in Coventry then yes." Which was in answer to your direct question. If it meant we stayed in Cov then I would accept that, better than going out of the City, for me anyway. But not something that would happen in a gazillion years. Certainly more preferable for me than groundsharing or liquidation.

Astute said:
Post 147 and 152 on this thread?
Click to expand...
 

Nonleagueherewecome

Well-Known Member
  • Jul 9, 2013
  • #183
torchomatic said:
They moved us out of Cov because ACL refused to deal with them. Mutton refused to deal with them. Idiots wrote to the Council begging not to deal with them.

And yet again, you put words into my mouth. Where have I said "it's a good move for them"?
Click to expand...

FFS they were offered a deal and refused it. They weren't forced, they chose.
 

Nonleagueherewecome

Well-Known Member
  • Jul 9, 2013
  • #184
Cityfan1 said:
My belief is that, if we are ever going to see the back of SISU, they will have to had to have bought into the Ricoh, so that than can sell CCFC as a going concern, as at least a break even company.
Click to expand...

Plane crash with Joy and Tim on board would be infinitely preferable.
 

torchomatic

Well-Known Member
  • Jul 9, 2013
  • #185
And so were ACL. They're both culpable for our plight. Both.

Nonleagueherewecome said:
FFS they were offered a deal and refused it. They weren't forced, they chose.
Click to expand...
 

Astute

Well-Known Member
  • Jul 9, 2013
  • #186
torchomatic said:
Post 147: They (ACL) can either say "have the stadium" or something similar. They. i.e. ACL
Post 152: "If it keeps Coventry City in Coventry then yes." Which was in answer to your direct question. If it meant we stayed in Cov then I would accept that, better than going out of the City, for me anyway. But not something that would happen in a gazillion years. Certainly more preferable for me than groundsharing or liquidation.
Click to expand...

A direct question that gave a direct answer of giving them the stadium.
 

Nonleagueherewecome

Well-Known Member
  • Jul 9, 2013
  • #187
torchomatic said:
And so were ACL. They're both culpable for our plight. Both.
Click to expand...

No, they weren't, SISU made utterly unreasonable and unrealistic demands. That's not offering a deal! Don't forget, whilst breaking a legally binding contract. 10% ACL to blame, 90% SISU.
 

torchomatic

Well-Known Member
  • Jul 9, 2013
  • #188
Because I had a choice of two things. Coventry City in NT or Coventry City in the Ricoh with SISU in charge. I would take the latter every single time.

Astute said:
A direct question that gave a direct answer of giving them the stadium.
Click to expand...
 
A

Ashdown1

New Member
  • Jul 9, 2013
  • #189
Christ it's back to normal on here, everyone furious at the' hedge fund club busting wankers' and Torchomatic just repeating himself like a mad drunk on a bench !!
 

Astute

Well-Known Member
  • Jul 9, 2013
  • #190
So you are saying you would trust them with ownership of the stadium?

I wouldn't. Most of us wouldn't. If there was some legal way of them having the stadium so they could sell us I would be in full agreement....as long as the stadium went with the club. Not them getting their hands on the Ricoh and looking at what way they could make the most money from us.

They don't give a shit about us. Why should I give a shit about them?
 

Grendel

Well-Known Member
  • Jul 9, 2013
  • #191
Ashdown1 said:
Christ it's back to normal on here, everyone furious at the' hedge fund club busting wankers' and Torchomatic just repeating himself like a mad drunk on a bench !!
Click to expand...

You sound like you fell off the bench and hit your head
 
A

Ashdown1

New Member
  • Jul 9, 2013
  • #192
Oh and here's the other care in the community case !
 

covcity4life

Well-Known Member
  • Jul 9, 2013
  • #193
shut up ashdown
 

Nonleagueherewecome

Well-Known Member
  • Jul 9, 2013
  • #194
covcity4life said:
shut up ashdown
Click to expand...

You shut up
 

Nonleagueherewecome

Well-Known Member
  • Jul 9, 2013
  • #195
Ashdown1 said:
Oh and here's the other care in the community case !
Click to expand...

Just need RFC now...
 

James Smith

Well-Known Member
  • Jul 9, 2013
  • #196
torchomatic said:
Yes, I would. Why? Because we'd still be in Coventry, not in Northampton. Also, the club would be a much more attractive proposition for any interested purchaser.
Click to expand...

So why didn't SISU buy the Higgs share?
 

Moff

Well-Known Member
  • Jul 9, 2013
  • #197
Ashdown1 said:
Oh and here's the other care in the community case !
Click to expand...

A bit harsh on yourself in your introduction!
 

Danceswithhorses

Well-Known Member
  • Jul 9, 2013
  • #198
James Smith said:
So why didn't SISU buy the Higgs share?
Click to expand...

why buy it for full price, when you can devalue it and then 'steal' it.
 

Johnnythespider

Well-Known Member
  • Jul 9, 2013
  • #199
Sky Blues said:
Here are the details of the Ricoh financing: http://democraticservices.coventry....08 - Arena Construction Completion Report.pdf
Click to expand...
Most interesting point in this for me is 2.3 asking the council to approve funding of the overspend of £2.9 million from council reserves, is this not where the £14 million loan was reported to come from, so why was nobody complaining about a misuse of public money at this time ?
 

James Smith

Well-Known Member
  • Jul 9, 2013
  • #200
torchomatic said:
No, not one bit. But if it was a straight choice of him or going to Northampton for at least three years then I would take my chances with Richardson. There's at least a chance that he could sell it on while staying in the City.

With our current situation then is zero chance of a buyer. Which is the point I am trying to make. People's hatred for SISU clouds their judgement over the Ricoh and the role of ACL.

I would rather have SISU owning the stadium with the club getting the revenues and staying in the City. It seems I am in the minority however.
Click to expand...
After reading what young Timothy said this morning I think I trust Bryan more than him and that's saying something given how much I trust Bryan.

I think the buyers are waiting for SISU to distress the club themselves so the prospective new owners can pick it up on the cheap.
 
Last edited: Jul 9, 2013

Astute

Well-Known Member
  • Jul 9, 2013
  • #201
James Smith said:
So why didn't SISU buy the Higgs share?
Click to expand...

Because they want it for nothing. The club shares cost them a quid. They have put between 20m and 30m into our club. That would make them a fair bit of money. ......If they could find a buyer that would trust them.
 

James Smith

Well-Known Member
  • Jul 9, 2013
  • #202
torchomatic said:
That "twist" is up to ACL. They can either say "have the stadium" or something similar. Or they can try and keep into admin as a groundshare cannot go ahead while we are in admin. It's in the lap of the Gods, PWKH and Ann Lucas.
Click to expand...

Not sure either of them are gods!
 
L

luwalla

Well-Known Member
  • Jul 9, 2013
  • #203
James Smith said:
So why didn't SISU buy the Higgs share?
Click to expand...

they did offer too.. and the higgs had accepted their offer.. the council then stopped the deal, i thought that was announced ages ago.. or am i imagining it
 
P

PWKH

New Member
  • Jul 9, 2013
  • #204
luwalla said:
they did offer too.. and the higgs had accepted their offer.. the council then stopped the deal, i thought that was announced ages ago.. or am i imagining it
Click to expand...

You are imagining it. The Council have never been asked to agree to the Charity selling its shares in ACL, thus it follows that they could not have "stopped the deal".
 
C

Cityfan1

New Member
  • Jul 9, 2013
  • #205
luwalla said:
they did offer too.. and the higgs had accepted their offer.. the council then stopped the deal, i thought that was announced ages ago.. or am i imagining it
Click to expand...
This was also my understanding that a sale had been agreed, but CCC used there veto to stop the sale
 
W

wingy

Well-Known Member
  • Jul 9, 2013
  • #206
luwalla said:
they did offer too.. and the higgs had accepted their offer.. the council then stopped the deal, i thought that was announced ages ago.. or am i imagining it
Click to expand...
you're imagining It,all they did was agree heads of terms ,while apparently talking to the council about distressing ACL,work that out.
 
P

PWKH

New Member
  • Jul 9, 2013
  • #207
Cityfan1 said:
This was also my understanding that a sale had been agreed, but CCC used there veto to stop the sale
Click to expand...

Then you too are wrong.
 

James Smith

Well-Known Member
  • Jul 9, 2013
  • #208
luwalla said:
they did offer too.. and the higgs had accepted their offer.. the council then stopped the deal, i thought that was announced ages ago.. or am i imagining it
Click to expand...

The Higgs agreed a heads of terms with Sisu/CCFC and then the charity heard nothing after that, so if there was no deal the council can't have vetoed it.
 

James Smith

Well-Known Member
  • Jul 9, 2013
  • #209
PWKH said:
You are imagining it. The Council have never been asked to agree to the Charity selling its shares in ACL, thus it follows that they could not have "stopped the deal".
Click to expand...

Or what he said!
 

Astute

Well-Known Member
  • Jul 9, 2013
  • #210
luwalla said:
they did offer too.. and the higgs had accepted their offer.. the council then stopped the deal, i thought that was announced ages ago.. or am i imagining it
Click to expand...

Lets just say you have an imagination towards SISU.

Higgs said they were willing to sell. They don't want their money for good causes for local people tied up in the ground. It is supposedly said by someone from the council that they would veto any move from SISU. For some reason they think they are a bunch of crooks But SISU have never made an offer from what I know. What they have done for sure is try to send ACL to the wall to get the ground on the cheap through the back door.
 
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