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Mark Labovitch calls for arbitration in Ricoh row (1 Viewer)

  • Thread starter Mo Konjic
  • Start date Mar 14, 2013
Forums New posts
M

Mo Konjic

New Member
  • Mar 14, 2013
  • #1
"We would welcome arbitration as it would clear up a lot of questions and sticking points so that a sensible solution can be found."

Read more: Sky Blues director calls for arbitration in Ricoh row | Coventry Observer
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SonofErnie

Well-Known Member
  • Mar 14, 2013
  • #2
Unfortunately this is old news already, things have moved on and arbitration looks completely unviable.
 

Sub

Well-Known Member
  • Mar 14, 2013
  • #3
well saying they might liquidate the club is not the best way to go about sorting things out and getting the sides to agree on a deal is it ?:facepalm::facepalm:
 
S

SonofErnie

Well-Known Member
  • Mar 14, 2013
  • #4
Completely agree, however arbitration was 1st mentioned a couple of months ago and it hasn't happened yet and doesn't look likely to given the entrenched positions of both parties.
 

Flying Fokker

Well-Known Member
  • Mar 14, 2013
  • #5
What would Mr Labovitch say today? The Parliamentary debate was on Tuesday and he has been quoted as saying that the club would be liquidated (Ref Tuesday nights comments at the match).

More evidence of SISU spin and then the threats made in other meetings.
 

Mary_Mungo_Midge

Well-Known Member
  • Mar 14, 2013
  • #6
SonofErnie said:
Completely agree, however arbitration was 1st mentioned a couple of months ago and it hasn't happened yet and doesn't look likely to given the entrenched positions of both parties.
Click to expand...

Forgive me, but that was mediation, wasn't it? The two are wholly and fundamentally different beasts
 
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Godiva

Well-Known Member
  • Mar 14, 2013
  • #7
Godiva said:
Well, if I was a gambler I would put my money on sisu being the first to ask for arbitration. They seem to have most to lose short term.
Click to expand...

There you go.
Double or nothing - My next gamble is that ACL declines arbitration.

Will be interesting to see how people here would respond if ACL reject binding arbitration.
 
L

LoyalSupporters

New Member
  • Mar 14, 2013
  • #8
Godiva said:
There you go.
Double or nothing - My next gamble is that ACL declines arbitration.

Will be interesting to see how people here would respond if ACL reject binding arbitration.
Click to expand...


Definately a lot of protests/riots!
 

Mary_Mungo_Midge

Well-Known Member
  • Mar 14, 2013
  • #9
Godiva said:
There you go.
Double or nothing - My next gamble is that ACL declines arbitration.

Will be interesting to see how people here would respond if ACL reject binding arbitration.
Click to expand...

People would have been, rightly, up in arms had binding arbitration been cited last year and refused ahead of the rent ceasing to be paid.

However, since that point, ACL have been subjected to SISU changing course and tactic in a frenzied and unfathomable way.

Think about it: Rushden and Diamonds ground, Hinckley's ground, agreement then reneged upon, a new build in Warwickshire, then mediation, to folding, and now finally arbitration. I've probably forgotten some twists and turns en route. As stated yesterday, negotiating with Fisher appears to be akin to putting smoke in your pocket.

This is bound to tire negotiations and stances. That stated, if it's still there, ACL have to take it.

Edited to add that if it's ACL's decision to file for administration that's finally got SISU to face up to the reality of true negotiation via the conduit of binding arbitration, and such eventually benefits the club, how many with retract the anti ACL/council rhetoric they've offered in recent weeks and months....
 
Last edited: Mar 14, 2013
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Godiva

Well-Known Member
  • Mar 14, 2013
  • #10
Mary_Mungo_Midge said:
People would have been, rightly, up in arms had binding arbitration been cited last year and refused ahead of the rent ceasing to be paid.

However, since that point, ACL have been subjected to SISU changing course and tactic in a frenzied and unfathomable way.

Think about it: Rushden and Diamonds ground, Hinckley's ground, agreement then reneged upon, a new build in Warwickshire, then mediation, to folding, and now finally arbitration. I've probably forgotten some twists and turns en route. As stated yesterday, negotiating with Fisher appears to be akin to putting smoke in your pocket.

This is bound to tire negotiations and stances. That stated, if it's still there, ACL have to take it
Click to expand...

I don't agree - They have followed the only path available to them. So have ACL.
Every step they have taken have been countered.
Every next step has been a consequence of ACL response.
 

Mary_Mungo_Midge

Well-Known Member
  • Mar 14, 2013
  • #11
Godiva said:
I don't agree - They have followed the only path available to them. So have ACL.
Every step they have taken have been countered.
Every next step has been a consequence of ACL response.
Click to expand...

From what has been reported, and unless we're sitting around the table, we can only take such to form opinion, then I profoundly disagree with you.

If I had any doubt as to the motivations of all parties, it was dissipated by last week's Guardian article and the threats therein. As well as the actions we all read last year with Fisher distressing ACL; how do you negotiate with someone who makes threats like that?
 
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theferret

Well-Known Member
  • Mar 14, 2013
  • #12
Mary_Mungo_Midge said:
Think about it: Rushden and Diamonds ground, Hinckley's ground, agreement then reneged upon, a new build in Warwickshire, then mediation, to folding, and now finally arbitration. I've probably forgotten some twists and turns en route. As stated yesterday, negotiating with Fisher appears to be akin to putting smoke in your pocket.
Click to expand...

They really don't do themselves any favours do they. I really do not trust ACL at all, but they have played their hand so much better and have been much more astute in their media dealings.
 

Mary_Mungo_Midge

Well-Known Member
  • Mar 14, 2013
  • #13
theferret said:
They really don't do themselves any favours do they. I really do not trust ACL at all, but they have played their hand so much better and have been much more astute in their media dealings.
Click to expand...

They're a business old boy; and directors have a responsibility to act in the best interests of their business. So, I guess they're not going to give everything away; they're going to duck and dive and protect their own interests.

For me, the tipping point came when it was obvious this was bigger than the rent or match-day income, and Fisher seemingly set about distressing ACL with a view to picking up the whole shooting match for peanuts. Then it's not a reasoned negotiation about sharing income, it's a case of one party trying to destroy the other, and this being countered by a strong counter-offensive.

And in so doing, I agree, ACL have left Fisher for dead
 
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theferret

Well-Known Member
  • Mar 14, 2013
  • #14
It is clear Fisher is way out of his depth, and while I side with the club/SISU in many respects, they did start throwing their weight around and ACL have run rings around them since. The inevitable consequence of that is that some have allowed themselves to get caught up in their whirlwind of spin and are refusing to acknowledge just how dangerous the actions of ACL might turn out to be, they are potentially catastrophic should no buyer emerge. Huge gamble.

Perhaps SISU still have a trump card to play. Who knows.

Popcorn anyone?
 

Mary_Mungo_Midge

Well-Known Member
  • Mar 14, 2013
  • #15
theferret said:
It is clear Fisher is way out of his depth, and while I side with the club/SISU in many respects, they did start throwing their weight around and ACL have run rings around them since. The inevitable consequence of that is that some have allowed themselves to get caught up in their whirlwind of spin and are refusing to acknowledge just how dangerous the actions of ACL might turn out to be, they are potentially catastrophic should no buyer emerge. Huge gamble.

Perhaps SISU still have a trump card to play. Who knows.

Popcorn anyone?[/QUOTE]

Beer dear chap. And quick before the casino's boarded up!
Click to expand...
 
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Godiva

Well-Known Member
  • Mar 14, 2013
  • #16
Mary_Mungo_Midge said:
They're a business old boy; and directors have a responsibility to act in the best interests of their business. So, I guess they're not going to give everything away; they're going to duck and dive and protect their own interests.

For me, the tipping point came when it was obvious this was bigger than the rent or match-day income, and Fisher seemingly set about distressing ACL with a view to picking up the whole shooting match for peanuts. Then it's not a reasoned negotiation about sharing income, it's a case of one party trying to destroy the other, and this being countered by a strong counter-offensive.

And in so doing, I agree, ACL have left Fisher for dead
Click to expand...

Throw up all the pieces of the jigsaw and see if you can assemble a different picture:

What if ACL had accepted the clubs wish for a net rent of around £150k p/y back in April?
There would have been no arrears - which is now being used to take the club into administration or worse.

It seems only pennies are separating the parties right now, so as ACL have now more or less accepted the clubs demands, it could all have been wrapped up a year ago.
Instead we will live with the consequences for another season.
 

Mary_Mungo_Midge

Well-Known Member
  • Mar 14, 2013
  • #17
Godiva said:
Throw up all the pieces of the jigsaw and see if you can assemble a different picture:

What if ACL had accepted the clubs wish for a net rent of around £150k p/y back in April?
There would have been no arrears - which is now being used to take the club into administration or worse.

It seems only pennies are separating the parties right now, so as ACL have now more or less accepted the clubs demands, it could all have been wrapped up a year ago.
Instead we will live with the consequences for another season.
Click to expand...

You ignore my assertion that it was never about rent. Or even rent plus match-day income. It was about SISU getting ACL's whole business on the cheap to feather the nest of their exit strategy.

There was a clear distressing of the business that supports this theory. Allied by the fact that if you do the sums, even with no rent and all match-day income; the club still doesn't make money.

So to answer your question according to how I read the issue - and we're all allowed our own opinions - the £150K rent agreed last year wouldn't have made one iota of difference as it wouldn't have given SISU the end-game I believe they needed
 
D

dongonzalos

Well-Known Member
  • Mar 14, 2013
  • #18
Mary_Mungo_Midge said:
They're a business old boy; and directors have a responsibility to act in the best interests of their business. So, I guess they're not going to give everything away; they're going to duck and dive and protect their own interests.

For me, the tipping point came when it was obvious this was bigger than the rent or match-day income, and Fisher seemingly set about distressing ACL with a view to picking up the whole shooting match for peanuts. Then it's not a reasoned negotiation about sharing income, it's a case of one party trying to destroy the other, and this being countered by a strong counter-offensive.

And in so doing, I agree, ACL have left Fisher for dead
Click to expand...

That was the turning point for me. ACL realised that SISZu planned to put them out of business rather than negotiations.

Once that seed was set I imagine ACL thought right it is now gloves are off.
 
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Godiva

Well-Known Member
  • Mar 14, 2013
  • #19
Mary_Mungo_Midge said:
You ignore my assertion that it was never about rent. Or even rent plus match-day income. It was about SISU getting ACL's whole business on the cheap to feather the nest of their exit strategy.

There was a clear distressing of the business that supports this theory. Allied by the fact that if you do the sums, even with no rent and all match-day income; the club still doesn't make money.

So to answer your question according to how I read the issue - and we're all allowed our own opinions - the £150K rent agreed last year wouldn't have made one iota of difference as it wouldn't have given SISU the end-game I believe they needed
Click to expand...

I don't believe for one second that the rent strike was initiated with the goal of distressing ACL.
 

Mary_Mungo_Midge

Well-Known Member
  • Mar 14, 2013
  • #20
Godiva said:
I don't believe for one second that the rent strike was initiated with the goal of distressing ACL.
Click to expand...

You're entitled to your opinion. I look at it, compounded by statements by Fisher stoking the flames and I see a clear narrative. Sorry
 
T

Tank Top

New Member
  • Mar 14, 2013
  • #21
"Whats to Arbitrate !!"
CCFC/Sissu, owe ACL £1.25 million in defaulted Rent, would anyone on here be inclined to go to arbitration if they were owed such a sum, there was no Arbitration when SiSSU unilaterally stopped paying rent without notice, arbitration is not binding and would solve nothing, Sissu would just ignore the recommendations of the Arbiters, and we would be back to square one, ACL have offered SISSU a compromise on the rent, which has been rejected, it appears that the word "compromise" is not in the Sissu Dictionary, if we fold, lets make sure the blame is placed at the right door, short of gifting the stadium to SISSU what more can ACL do
 

oldskyblue58

CCFC Finance Director
  • Mar 14, 2013
  • #22
Think Labovitch expanded arbitration way beyond the rent issue Tankie but all pretty irrelevant now following yesterdays announcement
 
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