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New stadium (6 Viewers)

  • Thread starter SBT
  • Start date Thursday at 6:45 AM
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Sky Blue Pete

Well-Known Member
  • Thursday at 5:08 PM
  • #211
Grendel said:
Again I’m not being funny but looking at this ranting if I was King I’d chuck you off the committee thing you are on
Click to expand...
And me cause I ask difficult questions that the club don’t necessarily want to answer
 

Grendel

Well-Known Member
  • Thursday at 5:09 PM
  • #212
Sky Blue Pete said:
Not really
It’s not sensitive
Click to expand...

Of course it is. It’s negotiating on a major decision which if revealed would make a huge impact on the clubs ability to continue to fund players contracts and impact future signings
 
Reactions: Diogenes

Grendel

Well-Known Member
  • Thursday at 5:10 PM
  • #213
Sky Blue Pete said:
And me cause I ask difficult questions that the club don’t necessarily want to answer
Click to expand...

Yet when it was Sisu you just accepted the answer and bought into the lies

Sorry not having it. King is the one joke the club has and we need to back him
 

Sky Blue Pete

Well-Known Member
  • Thursday at 5:11 PM
  • #214
Grendel said:
Of course it is. It’s negotiating on a major decision which if revealed would make a huge impact on the clubs ability to continue to fund players contracts and impact future signings
Click to expand...
It’s been revealed and it’s come as a surprise
 

Sky Blue Pete

Well-Known Member
  • Thursday at 5:12 PM
  • #215
Grendel said:
Yet when it was Sisu you just accepted the answer and bought into the lies

Sorry not having it. King is the one joke the club has and we need to back him
Click to expand...
Seriously
Show me
I’m pretty consistent
Solely attempting to represent opinions of supporters
Sorry for doing nothing that suits you grumpy
 
Reactions: Lamps

Sky Blue Goblin

Well-Known Member
  • Thursday at 5:14 PM
  • #216
Sky Blue Pete said:
And me cause I ask difficult questions that the club don’t necessarily want to answer
Click to expand...
Let’s be honest here, the last time we heard this from the club we got exiled.

Im all for giving king the benefit of the doubt but he’s said it himself the fans have been burnt before. It’s not a shock people are upset and concerned.
 
Reactions: duffer and Sky Blue Pete

Sky Blue Pete

Well-Known Member
  • Thursday at 5:15 PM
  • #217
Sky Blue Goblin said:
Let’s be honest here, the last time we heard this from the club we got exiled.

Im all for giving king the benefit of the doubt but he’s said it himself the club have been burnt before. It’s not a shock people are upset and concerned.
Click to expand...
Quite
 

Grendel

Well-Known Member
  • Thursday at 5:16 PM
  • #218
Sky Blue Goblin said:
Let’s be honest here, the last time we heard this from the club we got exiled.

Im all for giving king the benefit of the doubt but he’s said it himself the club have been burnt before. It’s not a shock people are upset and concerned.
Click to expand...

The difference is the previous owners had no investment in the club and hadn’t for a decade. Kings fund management is covering around £7 million a year. Sisu closed investments in 2012 and just then lied
 
Reactions: Brylowes, Hiraeth, fernandopartridge and 1 other person

Sky Blue Goblin

Well-Known Member
  • Thursday at 5:17 PM
  • #219
Grendel said:
The difference is the previous owners had no investment in the club and hadn’t for a decade. Kings fund management is covering around £7 million a year. Sisu closed investments in 2012 and just then lied
Click to expand...
I like King as an owner and do think it’s not a cynical lie like Sisu but an attempt to have a back up plan

But of course this is going to reopen old wounds and with the council still as shit as ever, do we even think the club would ever get backed by them
 

Grendel

Well-Known Member
  • Thursday at 5:19 PM
  • #220
Sky Blue Goblin said:
I like King as an owner and do think it’s not a cynical lie like Sisu but an attempt to have a back up plan

But of course this is going to reopen old wounds and with the council still as shit as ever, do we even think the club would ever get backed by them
Click to expand...

We should back King end of really as he’s exceeded expectations regarding commitment and ownership
 
Reactions: Brylowes, djr8369, MacReady and 3 others
S

SBT

Well-Known Member
  • Thursday at 5:19 PM
  • #221
Grendel said:
Why didn’t you quote my edited post? I’ve no idea if he’d borrow cash - he’d have had to borrow far more to fund the Arena cash flow.

He would have had to surely have security of £100m plus.

I mean if it’s a matter of public record then it’s surely public record William Storey was trying to buy the club as revealed by your journalist colleague Mr Gilbert

Trish Adudu on BBC CWR - Coventry City: William Storey still wants to buy Sky Blues - BBC Sounds

William Storey speaks to BBC CWR's Simon Gilbert about his desire to complete CCFC deal.
www.bbc.co.uk

I mean it’s here in black and white and on Google!

Coventry City: Energy drink company founder still wants to buy Sky Blues

The founder of an energy drink company still wants to buy Coventry City despite plans to sell a majority stake to businessman Doug King.
www.bbc.co.uk

I hate to break it you and shit stirring Simon but he hasn’t a pot to piss in has he? He wasn’t buying it despite it seems being on “public record”

King had the funds and was.

Im amazed as an award winning journalist of international recognition your sources didn’t differentiate

Guess that’s why it’s still the Basildon hey?
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I’m honestly not sure what you’re ranting about here - I’m just saying that it was common knowledge that Doug King tried to buy the Arena, not an “ITK” thing as you initially said.

I don’t believe King is financially better placed than SISU to build a new stadium (although I would bet he’s better placed than William Storey…) but it’s a moot point because neither of them are going to do it anyway.
 

Sky Blue Goblin

Well-Known Member
  • Thursday at 5:22 PM
  • #222
Grendel said:
We should back King end of really as he’s exceeded expectations regarding commitment and ownership
Click to expand...
The thing is I want this sorted one way or another.

I believe King will do his best to solve it whether that’s building a stadium or buying the CBS.

But do think King needs to tread carefully around the fans on this as it’s a difficult subject which means fans will get concerned like Pete and to an extent me.

More so my concern is that King can do everything in his power to get this stadium built but the council seem as antagonistic as ever and Fraser imo won’t sell while their building their new campus. It’s a difficult process as we know or we would have built three stadiums by now
 
Reactions: Sky Blue Pete

Sky Blue Pete

Well-Known Member
  • Thursday at 5:22 PM
  • #223
Grendel said:
We should back King end of really as he’s exceeded expectations regarding commitment and ownership
Click to expand...
Agreed I like king too
 

Sky Blue Goblin

Well-Known Member
  • Thursday at 5:26 PM
  • #224
Will say though on all of this it would of been better for this to of been addressed by Doug by just saying we are exploring options in the city for if we can’t make a deal with Frasers

Than a BBC sport post about the butts park again
 
Reactions: Sky Blue Pete and duffer

Grendel

Well-Known Member
  • Thursday at 5:27 PM
  • #225
SBT said:
I’m honestly not sure what you’re ranting about here - I’m just saying that it was common knowledge that Doug King tried to buy the Arena, not an “ITK” thing as you initially said.

I don’t believe King is financially better placed than SISU to build a new stadium (although I would bet he’s better placed than William Storey…) but it’s a moot point because neither of them are going to do it anyway.
Click to expand...

I’m hardly ranting - you do resort to childlike hyperbole when challenged - if he had the funding to own the whole Arena it’s pretty obvious that would also be able to fund a new stadium. It would have been an enormous initial commitment,

There is zero evidence he was trying to buy the stadium on your link at all?

As a journalist would you have written the article Gilbert did regarding William Storey?
 

Sky Blue Goblin

Well-Known Member
  • Thursday at 5:30 PM
  • #226
Grendel said:
I’m hardly ranting - you do resort to childlike hyperbole when challenged - if he had the funding to own the whole Arena it’s pretty obvious that would also be able to fund a new stadium. It would have been an enormous initial commitment,

There is zero evidence he was trying to buy the stadium on your link at all?

As a journalist would you have written the article Gilbert did regarding William Storey?
Click to expand...
Didn’t Doug go to court to try and gazump Frasers to the arena by offering more?
 
S

SBT

Well-Known Member
  • Thursday at 5:31 PM
  • #227
Grendel said:
There is zero evidence he was trying to buy the stadium on your link at all?
Click to expand...
This link you mean? King’s bid to buy the stadium is in the fourth paragraph! Maybe lower your font size or something?

Coventry City agreed a deal on Wednesday to sell an 85% stake in the club to businessman Doug King.

A court ruled his £25m offer to own the stadium had come too late.

The judge ruled there was "not enough substance" in King's bid to delay making the administration orders and had been told the Frasers Group would pull out if there was further delay.
Click to expand...
 
Reactions: Lamps, Skyblueweeman, Noble and 1 other person

Grendel

Well-Known Member
  • Thursday at 5:33 PM
  • #228
SBT said:
This link you mean? King’s bid to buy the stadium is in the fourth paragraph! Maybe lower your font size or something?
Click to expand...

He expressed an interest subject to conditions. Which included a review of the whole of the stadium creditors. He never committed an offer at the hearing.

It was not a bid
 
Reactions: SBT
S

SBT

Well-Known Member
  • Thursday at 5:39 PM
  • #229
Grendel said:
He expressed an interest subject to conditions. Which included a review of the whole of the stadium creditors. He never committed an offer at the hearing.

It was not a bid
Click to expand...
He was trying to buy the stadium, in other words.

It’s ok, you got it wrong, it happens.
 
Reactions: Lamps and Grendel

Grendel

Well-Known Member
  • Thursday at 5:39 PM
  • #230
Grendel said:
He expressed an interest subject to conditions. Which included a review of the whole of the stadium creditors. He never committed an offer at the hearing.

It was not a bid
Click to expand...

It’s interesting SBT finds this amusing - I mean he’s already said Mr King would have had to borrow the money to fund a stadium which is no better than Sisu - yet it seems he had £25 million stuffed down his mattress and no doubt another £50 million to fund the cash flow
 
P

ptr

Well-Known Member
  • Thursday at 5:41 PM
  • #231
It is never going to happen and it is genuinely laughable reading some of you on here and on Twitter coming up with potential locations for a 40,000 seater stadium. Some are just finding a random plot of grassland and plonking us there like it’s city tycoon
 

Grendel

Well-Known Member
  • Thursday at 5:44 PM
  • #232
SBT said:
He was trying to buy the stadium, in other words.

It’s ok, you got it wrong, it happens.
Click to expand...

Then by your own admission he has far more reserves than Sisu - so why say he hasn’t?

He would easily be able to fund a new stadium so I find your comments confusing? I really find those statements contradictory
 
C

Cally Fedora

Well-Known Member
  • Thursday at 5:47 PM
  • #233
The reality is that the Arena is a millstone. We shouldn’t want to own it. Leasing is a great position for us to be in. Hopefully this nonsense talk of stadium building is merely a game of cat and mouse.
 
Reactions: commissioner_gordon

Calista

Well-Known Member
  • Thursday at 5:56 PM
  • #234
Grendel said:
Im talking about Doug Kings thinkin...
... he ended up with the club and not the actual real estate he was after
Click to expand...
If so, has he arrived at the same place as SISU by a different route? And is he now using the same futile tactics to try and get what he wants from an obdurate landlord?

I really hope we're not heading down the same rabbit hole again.
 

David O'Day

Well-Known Member
  • Thursday at 5:57 PM
  • #235
Calista said:
If so, has he arrived at the same place as SISU by a different route? And is he now using the same futile tactics to try and get what he wants from an obdurate landlord?

I really hope we're not heading down the same rabbit hole again.
Click to expand...
we're not
 
Reactions: Brylowes

Nick

Administrator
  • Thursday at 6:02 PM
  • #236
Sky Blue Pete said:
It’s been revealed and it’s come as a surprise
Click to expand...
What has actually been revealed?
 

Nick

Administrator
  • Thursday at 6:03 PM
  • #237
ptr said:
It is never going to happen and it is genuinely laughable reading some of you on here and on Twitter coming up with potential locations for a 40,000 seater stadium. Some are just finding a random plot of grassland and plonking us there like it’s city tycoon
Click to expand...
I'm not sure anybody is seriously plotting anything. I joked about putting it by his other business and merging it with heat.
 
Reactions: AOM and ptr

mark82

Super Moderator
  • Thursday at 6:03 PM
  • #238
Have to say there's an element of this being blown out of proportion.
 
Reactions: djr8369, Hiraeth and Sky Blue Pete

blunted

Well-Known Member
  • Thursday at 6:03 PM
  • #239
Here we go again. Anyone who follows football or business knows Fraser is all about how much he can get for his assets.
Newcastle fans hated him for a reason and I feel he will seriously effect our ability to perform on the pitch if his rent demands are not reasonable.
Pretty sure this is a play by King, as a stadium without a club is a money pit.
Butts does not have the space or the infrastructure, although I would expect the Council to be more accommodating than there were for SISU.
Warwick Uni a much better option that I know SISU were actually thinking about after discussions. I must emphasise thinking but never acting. Think Kenilworth is the council with the land and I am sure they would be amenable.
Stadiums cost way more than we can afford. Add in the fact that it takes so long to build anything in the UK from the start to the end of the project and costs often spiral out of control.
Also consider that teams who build new stadiums often show a decline on the pitch.
If we don't get a new rent deal before the start of the season we will be fined.
As much as I would like to give the finger to Fraser, I hope a deal can be done.
 

Evo1883

Well-Known Member
  • Thursday at 6:04 PM
  • #240
We really dont need all this shite again do we
 

Evo1883

Well-Known Member
  • Thursday at 6:10 PM
  • #241
Has king spoke ?

Normally well easy to get him infront of a camera or on a microphone so its weird CWR haven't had him on already

Maybe he can shed some light
 

Grendel

Well-Known Member
  • Thursday at 6:11 PM
  • #242
Evo1883 said:
We really dont need all this shite again do we
Click to expand...

It’s the council and Gilbert stirring shite

I asked the journalist on here if he’d act like Gilbert has over the years with click bait shite and what a surprise - he refuses to answer
 

David O'Day

Well-Known Member
  • Thursday at 6:12 PM
  • #243
Evo1883 said:
Has king spoke ?

Normally well easy to get him infront of a camera or on a microphone so its weird CWR haven't had him on already

Maybe he can shed some light
Click to expand...
why should he, it is as Gilbert later said a sensible precaution
 
H

HJones23

Well-Known Member
  • Thursday at 6:12 PM
  • #244
DK playing 4d chess here, leak this out to the press to take the focus off transfers whilst he completes 3 signings under the radar and to be unveiled at kick off Saturday
 
Reactions: Captain Dart

Evo1883

Well-Known Member
  • Thursday at 6:13 PM
  • #245
David O'Day said:
why should he, it is as Gilbert later said a sensible precaution
Click to expand...

Would probably save 300 pages of arguing on here tbh
 
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