Nick
Administrator
Yes, all well and good but they aren't JLR are they? They can't give free tickets to council ceo's just as they have planning in
As someone who owns their own business and has done so for 21 years, this bit seems to be most appropriate on how it's done....
If they need space they can invest. That’s what Jaguar Land Rover have done and they are a business like Sisu.
“Sisu should build a stadium with integrated training platforms and so on. That’s what businesses do, they invest, they don’t piggy back on charities.”
People need to move away from this wasps will buy tbr club bollocks, as OSB has pointed out the costs and risks far out weight thr benefits for them and thr bond holders , plus it is against their aims and objectives
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Yes, all well and good but they aren't JLR are they? They can't give free tickets to council ceo's just as they have planning in
Hang on, a minute a go you and Nick liked a post from Grendel suggestion this is all about forcing a change of ownership.
If it's not Wasps then who.
I would still approach Wasps if I was SISU and offer the golden share in exchange for a share in business as a silent partner.
This is just bringing the Sisu endgame closer all the time. They have tried to manipulate and bully people all along and have ultimately been outmanoeuvred by the other parties. The others are enjoying their moment, and in a way who can blame them!It ain't going to happen Dong. No one wants to work with SISU, silent partner or otherwise. The bridges have been burnt, the chickens have come home to roost, they're ugly, they're smelly, they dream of being the slightly camp fat kid who always gets picked last in sports lessons. That's how much no one wants to play with them.
And why would Wasps do that? Hand over something making losses, in return for a share of those losses.
Sisu will have a very strong case to move the club again.
Also the mileage rule may well be waived as it was with Brighton.
As someone who owns their own business and has done so for 21 years, this bit seems to be most appropriate on how it's done....
If they need space they can invest. That’s what Jaguar Land Rover have done and they are a business like Sisu.
“Sisu should build a stadium with integrated training platforms and so on. That’s what businesses do, they invest, they don’t piggy back on charities.”
I thought it was cost neutral now ?
I thought it was cost neutral now ?
Not sure how PKH compares a hedge fund in Sisu with Tata who are on of the biggest companies in the world...
Or even comparing a football club against a car manufacturer.Not sure how PKH compares a hedge fund in Sisu with Tata who are on of the biggest companies in the world...
Big bad hedgefund sisu who 'batter people in court' have been blackballed by a charity and council.
Fucking hilarious if it wasn't for the football clubs future being at stake.
Game set and match, sisu are out of options and will now be looking for an escape route. Problem is Sepalla would liquidate the club out of spite to save face.
End game is nigh
Not strange - in any other scenario a charity getting one over a bullying business would be celebrated.Yes, the club being ruined is nigh. Meanwhile fans can be happy that SISU have been done over, but our club is ruined.
Very strange.
Not strange - in any other scenario a charity getting one over a bullying business would be celebrated.
Gutted for the club but karma for sisu.
Interested to know how you see us getting out of the situation we're in with sisu in charge. Their behaviour has caused all this regardless of what you think of CCC.
Change of ownership is only hope of building relationships in the city.
Hang on, a minute a go you and Nick liked a post from Grendel suggestion this is all about forcing a change of ownership.
If it's not Wasps then who.
I would still approach Wasps if I was SISU and offer the golden share in exchange for a share in business as a silent partner.
It ain't going to happen Dong. No one wants to work with SISU, silent partner or otherwise. The bridges have been burnt, the chickens have come home to roost, they're ugly, they're smelly, they dream of being the slightly camp fat kid who always gets picked last in sports lessons. That's how much no one wants to play with them.
Absolutely - but not convinced that renting the Ricoh at a 'reasonable' rate is a problem.So what happens with a change of ownership? We are then renting from Wasps, probably no academy either. The main question is who buys us now?
Even if SISU were the nicest people in the world, it wouldn't make sense for Wasps to do that anyway.
Move it where ?
Who will follow ?
Plays into Wasps hands as club is further devalued.
Absolutely - but not convinced that renting the Ricoh at a 'reasonable' rate is a problem.
Nothing to stop the club buying land for a new training ground, academy and community use at a site away from the Higgs. If they're clever they could even build conference and office facilities for all year round income.
New owners could deal with local stakeholders with a clean slate. We need to be both forward thinking and practical. No quick fixes but withlong term sustainability at its core.
Said it before but Broadstreet RFC aren't going in with Wasps now (not long term anyhow) they seem to have more room than they need and on google maps at least it's bigger than Ryton. Why not swap with money going their way and combine first team and academy on the Broadstreet site?
Silly me. That would require investment. Scrub that. Never going to happen with SISU at the helm.
If SISU were the nicest people in the world we wouldn't be having this conversation right now. Non of this would have happened. Including them buying the club in the first place. They're not here to be nice, never have never will.
Only City fans could find something to celebrate. Well, just certain fans to be faie. Not all of us.Yes, the club being ruined is nigh. Meanwhile fans can be happy that SISU have been done over, but our club is ruined.
Very strange.
Said it before but Broadstreet RFC aren't going in with Wasps now (not long term anyhow) they seem to have more room than they need and on google maps at least it's bigger than Ryton. Why not swap with money going their way and combine first team and academy on the Broadstreet site?
Silly me. That would require investment. Scrub that. Never going to happen with SISU at the helm.
Do you seriously think they will just wipe their debt and forget about it?
Academy? Is that not investment? Tenth out of 92 clubs.
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Coventry City FC are disappointed to learn of the actions of the Alan Higgs Trust, in a recent Coventry Telegraph story.
The club was not aware that a clause which would block Coventry City FC from long-term residency past 2017 at the Alan Higgs Centre existed - a clause which puts the Academy's future under threat.
As previously stated, the club have been residents at the Alan Higgs Centre for a number of years where we have paid high-value rent to produce football players from the Coventry and Warwickshire area.
As is well known, we have repeatedly attempted to engage with Coventry Sports Foundation over a long-term deal at the Alan Higgs Centre, and this clause was never made known to us.
In fact, Coventry Sports Foundation publicly stated on May 19th, 2016 that 'the door is still open' for the club at the centre. Similarly, Wasps said only yesterday that they are 'willing to have talks about keeping both football and rugby at the Higgs Centre site.'
In light of recent developments, it is obvious that the door was never open to a long-term agreement and keeping both football and rugby at the centre was not a sincere offer. Both statements appear to have been designed to mislead the public about the true plans that have been made for the Higgs Centre for some time. We can only question why this clause was kept from the club when it appears that everyone else involved has known about it. If there had been more transparency, it would have given the Coventry City a better position to plan for a potential departure from the Alan Higgs Centre but once again, the club feel deliberately misled.
Whilst there is hostility towards the club's owners from the Trust, it is deeply regrettable that they feel the need to take it out on the football club's youth and put the Academy's future under threat.
people think SISU are just going to hand the club over to wasps and walk away, you couldn't make it up.Do you seriously think they will just wipe their debt and forget about it?
We would Tony, at least the vast majority of it - but instead we'd replace the word SISU with 'another owner'
Well it is entirely within the control of Higgs to extend or renew the lease for the Academy and tell Wasps to fuck off and "invest" (JLR-style) else-fucking-where. WHY have they not done that?
I'm sure CCFC could find £400K to pay Higgs' blood money. What if the Trust were to organize a fund-raising for that money from the fans to save the academy. Here's my £20!
people think SISU are just going to hand the club over to wasps and walk away, you couldn't make it up.
Imagine explaining that to your investors.
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