No one knows what is sustainable as no one knows who is deciding this investment is a worthwhile consideration.
We do know that the football
League had evidence the losses are to be funded. If these funds are generated by one or two high risk investors who are gambling on a specified endgame then it doesn't matter if 1 or 6,000 are in Sixfields. Indeed if promotion was achieved then much of the speculators funds will be recouped almost immediately.
Crowds mean nothing and negative publicity even less.
I'm not the misguided one, I've carefully listened to many, many others who have the experience of running a football club (including some who've run ours in the past) and whilst hindsight is a fine thing, we cannot 'turn-back' the clock.
Everyone that knows about the 'ins & outs' of running a club is agreed that my club, our club, your club will not survive unless the football club or it's owners actually own the stadium and have access to ALL revenue streams, FACT.
SINCE CCC HAVE REFUSED TO EVEN TALK TO AT LEAST 5 POTENTIAL OWNERS ( who ALL insisted on purchasing the Arena ), it tells me we're never likely to play there again and I personally wouldn't be sorry, sterile and soulless!
We need to move on and if that means a new ground, so be it!
We are where we are either accept it for what it is or don't attend but please shut-up moaning and turning any of the positives into negatives!
PUSB!
your club will not survive unless the football club or it's owners actually own the stadium and have access to ALL revenue streams, FACT.
Still, in truth, a little confused. Surely they're losing more money than ever now, with even less prospect of reversing it?
They won't even read it - it won't effect them one iota.
Could you explain please why Coventry City needs to own a stadium when so many other successful clubs don't?
I'm not the misguided one, I've carefully listened to many, many others who have the experience of running a football club (including some who've run ours in the past) and whilst hindsight is a fine thing, we cannot 'turn-back' the clock.
Everyone that knows about the 'ins & outs' of running a club is agreed that my club, our club, your club will not survive unless the football club or it's owners actually own the stadium and have access to ALL revenue streams, FACT.
SINCE CCC HAVE REFUSED TO EVEN TALK TO AT LEAST 5 POTENTIAL OWNERS ( who ALL insisted on purchasing the Arena ), it tells me we're never likely to play there again and I personally wouldn't be sorry, sterile and soulless!
We need to move on and if that means a new ground, so be it!
We are where we are either accept it for what it is or don't attend but please shut-up moaning and turning any of the positives into negatives!
PUSB!
I'm pretty sure there's more than one successful club that doesn't own its own stadium.
As for your fact that CCC have refused to talk to at least five potential owners, can you provide some evidence please?
If SISU have moved on from the Ricoh, fair enough and so be it, as you say. i just wonder why they're persisting with the JR, and why there's been no actual movement on the new stadium if that's the case though.
I'm not the misguided one, I've carefully listened to many, many others who have the experience of running a football club (including some who've run ours in the past) and whilst hindsight is a fine thing, we cannot 'turn-back' the clock.
Everyone that knows about the 'ins & outs' of running a club is agreed that my club, our club, your club will not survive unless the football club or it's owners actually own the stadium and have access to ALL revenue streams, FACT.
SINCE CCC HAVE REFUSED TO EVEN TALK TO AT LEAST 5 POTENTIAL OWNERS ( who ALL insisted on purchasing the Arena ), it tells me we're never likely to play there again and I personally wouldn't be sorry, sterile and soulless!
We need to move on and if that means a new ground, so be it!
We are where we are either accept it for what it is or don't attend but please shut-up moaning and turning any of the positives into negatives!
PUSB!
It's a relatively small gamble compared to the past in the hope of clawing something back, isn't it? If you effectively start from a position of zero a few months ago, there's a possibility of something worth risking something.
Plus they're actually showing the ruthlessness we were promised when they came in!
I never said they did...
Can you explain why we would need the freehold as opposed to just the revenue streams?Please supply the names of the clubs who are successful but don't own their own ground? Unfortunately the 'rules' have changed thanks to Sepp and his friends.
FIFA Financial Fair Play (complicated & involved but don't let it put you off researching it!).
Never a good idea to reveal your 'sources' otherwise you may not get any information in the future (re providing evidence!).
Probably proceeding with the JR on strong legal advice? I have no intention of speculating and whilst I'll agree we may not have the perfect owners, who does?
Newcastle, Leeds, Cardiff, Man. U, Liverpool, Southampton, Birmingham, I could go on & on & on & on but .......................to be quite honest, I'm bored.
PUSB!
I never said that you said they did.
Yep, your analysis is correct but your predicted outcome utterly delusional.
Can you explain why we would need the freehold as opposed to just the revenue streams?
The answer from their viewpoint is obvious.Good point, well made. I expect a deathly silence now from the Rugger fan. Either that or bollocks tied up in nonsense tied up in tosh.
The answer from their viewpoint is obvious.
Going back to the Ricoh is or would be a backward step, everyone conveniently seems to have forgotten that the unsustainable rent deal (£1:28 Million) was signed more than 2 years before we even moved-in 2003 and just to "break-even", we required gates in excess of 23,000! Give me strength!
Our current owners should not have agreed to it when they took over the club but the rent issue had previously been brought to the councils attention by our chairman in 2005/06 but his requests for a revue were turned down. He borrowed heavily to off-set the losses we inevitably were making and was unable to repay the debt.
If it hadn't been for our current owners we'd be where???????????????????????
DEFINITELY NOT IN THE FOOTBALL LEAGUE !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Be very careful what you wish for.
Tosh tosh tosh tosh tosh. You have no idea. SISU will not give a shit what the BBC writes. Look - believe me, I have 30 years of experience in this industry. ALL THEY CARE ABOUT IS MAKING A PROFIT. And they have decided that this will be achieved by picking up the Ricoh for a few bob. It's an asset they can then lease to the club for years to come.
Out of interest, while you're here...
Why do you think this is more likely than using the unification of both club and stadium to sell for 'something' from a value of 'nothing', and for them to scarper post-haste and move on?
I'm pretty sure there's more than one successful club that doesn't own its own stadium.
As for your fact that CCC have refused to talk to at least five potential owners, can you provide some evidence please?
If SISU have moved on from the Ricoh, fair enough and so be it, as you say. i just wonder why they're persisting with the JR, and why there's been no actual movement on the new stadium if that's the case though.
Why exactly wouldn't we be in the football league?
Out of interest, while you're here...
Why do you think this is more likely than using the unification of both club and stadium to sell for 'something' from a value of 'nothing', and for them to scarper post-haste and move on?
Going back to the Ricoh is or would be a backward step, everyone conveniently seems to have forgotten that the unsustainable rent deal (£1:28 Million) was signed more than 2 years before we even moved-in 2003 and just to "break-even", we required gates in excess of 23,000! Give me strength!
Our current owners should not have agreed to it when they took over the club but the rent issue had previously been brought to the councils attention by our chairman in 2005/06 but his requests for a revue were turned down. He borrowed heavily to off-set the losses we inevitably were making and was unable to repay the debt.
If it hadn't been for our current owners we'd be where???????????????????????
DEFINITELY NOT IN THE FOOTBALL LEAGUE !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Be very careful what you wish for.
Because right we wouldn't exist! Not rocket science, is it??????????????????
They won't even read it - it won't effect them one iota.
Because right we wouldn't exist! Not rocket science, is it??????????????????
Because right we wouldn't exist! Not rocket science, is it??????????????????
Going back to the Ricoh is or would be a backward step, everyone conveniently seems to have forgotten that the unsustainable rent deal (£1:28 Million) was signed more than 2 years before we even moved-in 2003 and just to "break-even", we required gates in excess of 23,000! Give me strength!
Our current owners should not have agreed to it when they took over the club but the rent issue had previously been brought to the councils attention by our chairman in 2005/06 but his requests for a revue were turned down. He borrowed heavily to off-set the losses we inevitably were making and was unable to repay the debt.
If it hadn't been for our current owners we'd be where???????????????????????
DEFINITELY NOT IN THE FOOTBALL LEAGUE !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Be very careful what you wish for.
Perhaps not in non-league, it is probable, that ha SISU not 'come to the rescue', we would've got relegated that season (we survived by 1 point, -10 = relegation). There's no good predicting what would've happened from then, someone worse than SISU could've came in, by the same merit, we could've had someone better,
Who knows?
Everyone that knows about the 'ins & outs' of running a club is agreed that my club, our club, your club will not survive unless the football club or it's owners actually own the stadium and have access to ALL revenue streams, FACT.
Going back to the Ricoh is or would be a backward step, everyone conveniently seems to have forgotten that the unsustainable rent deal (£1:28 Million) was signed more than 2 years before we even moved-in 2003 and just to "break-even", we required gates in excess of 23,000! Give me strength!
Our current owners should not have agreed to it when they took over the club but the rent issue had previously been brought to the councils attention by our chairman in 2005/06 but his requests for a revue were turned down. He borrowed heavily to off-set the losses we inevitably were making and was unable to repay the debt.
If it hadn't been for our current owners we'd be where???????????????????????
DEFINITELY NOT IN THE FOOTBALL LEAGUE !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Be very careful what you wish for.
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