PKWH on CWR Shane O'Connor 23/10/2013 (1 Viewer)

Hobo · Oct 23, 2013

fernandopartridge said:
They paid £21m up front, financed through a loan from Yorkshire Bank.

When ACL ran into difficulties paying the loan, the Council refinanced the remaining balance at a cheaper rate.

I think that's how it worked.

I think it was also done to try and lower the rent. This deal cuts both ways Fernando !

Now I know we are both fans of the current team and it's football, with equal admiration of the coaching staff.

You accuse ACL of trying to add value to the bricks and mortar of the Ricoh...and I think it has.

On the other hand SISU don't have bricks and mortar and the promise and bright lights of our youthful team according to their accounts has cost us 60 million? Fernando do our young stalwarts look such good value now?

Before anybody jumps down my throat I don't want to see this young side dragged into SISU politics. They are bright lights. But for god sake SISU have been here six years, six years to sort things out and they haven't ever laid out a constructive plan that the overwhelming potential fan base can have a morsel of confidence in.

skybluefred · Oct 23, 2013

Hobo said:
Nice cynicism!

Thanks Hobo, I usually ignore people who are incapable of putting forward constructive comments of their own.

italiahorse · Oct 23, 2013

I think we have reached a situation where ACL are now financially secure. A small risk exists if Sisu get any success with the JR.

Once the JR is out the way Sisu will need to make a big decision.
ACL have paved the way but Sisu need to make a reasonable offer.

I get the feeling that ACL are moving on and time is of the essence.
Sisu will be on the back foot if JR is unsuccessful and I expect things to move very quickly before year end.

dongonzalos · Oct 23, 2013

italiahorse said:
I think we have reached a situation where ACL are now financially secure. A small risk exists if Sisu get any success with the JR.

Once the JR is out the way Sisu will need to make a big decision.
ACL have paved the way but Sisu need to make a reasonable offer.

I get the feeling that ACL are moving on and time is of the essence.
Sisu will be on the back foot if JR is unsuccessful and I expect things to move very quickly before year end.

The JR was laughed at. It was in my opinion always about applying financial pressure.
The appeal in my opinion is futile.

shmmeee · Oct 23, 2013

dongonzalos said:
The JR was laughed at. It was in my opinion always about applying financial pressure.
The appeal in my opinion is futile.

Keeps the council quiet until end of November, at which point, by the looks of it, fans pressure for a return at any costs will be quite high.

dongonzalos · Oct 23, 2013

shmmeee said:
Keeps the council quiet until end of November, at which point, by the looks of it, fans pressure for a return at any costs will be quite high.

Les Reid's campaign seems to play a key role in providing that perception.

However it really does seem that it is a minority who are rightly getting desperate as they are missing out in some top football and it seems to them as the quickest solution.

However it doesn't seem realistic to me.

shmmeee · Oct 23, 2013

dongonzalos said:
Les Reid's campaign seems to play a key role in providing that perception.

However it really does seem that it is a minority who are rightly getting desperate as they are missing out in some top football and it seems to them as the quickest solution.

However it doesn't seem realistic to me.

Agreed. However, that will still be the point of both the current Pro-Sell-The-Ricoh-To-Sisu-But-We're-Not-Taking-Sides-Even-If-Several-Of-Us-Have-Recently-Been-Specially-Selected-For-Joy-Time campaign and the appeal of the JR. Whether it works or not, we shall see.

fernandopartridge · Oct 24, 2013

Jack Griffin said:
Well, all Saturdays are free now.

Every other Saturday for the last couple of months. That's some going.

fernandopartridge · Oct 24, 2013

James Smith said:
Nope but if the ACL claim is true (and we haven't seen any numbers to back that claim up) then the value of ACL has gone up a few bob if they can survive without us.

What's your point? I am making the distinction between the property and the property and its business.

The freehold of the property won't cost as much as the freehold of the property and the business.

fernandopartridge · Oct 24, 2013

Hobo said:
I think it was also done to try and lower the rent. This deal cuts both ways Fernando !

Now I know we are both fans of the current team and it's football, with equal admiration of the coaching staff.

You accuse ACL of trying to add value to the bricks and mortar of the Ricoh...and I think it has.

On the other hand SISU don't have bricks and mortar and the promise and bright lights of our youthful team according to their accounts has cost us 60 million? Fernando do our young stalwarts look such good value now?

Before anybody jumps down my throat I don't want to see this young side dragged into SISU politics. They are bright lights. But for god sake SISU have been here six years, six years to sort things out and they haven't ever laid out a constructive plan that the overwhelming potential fan base can have a morsel of confidence in.

It was done primarily to stave off both the threat of insolvency in ACL and SISU gaining any control of ACL, one of the side effects is potentially cheaper rent but who knows.

I haven't 'accused' ACL of anything, I think they're right to try and add value to the bricks and mortar, it's the least they can do considering it's a taxpayer's asset alledgedly and they've been in receipt of a taxpayer funded loan.

I agree with you regarding SISU's mismanagement of the club, especially early in its tenure (but plenty struggle to see that criticism of one party doesn't mean support for the other).

James Smith · Oct 24, 2013

fernandopartridge said:
What's your point? I am making the distinction between the property and the property and its business.

The freehold of the property won't cost as much as the freehold of the property and the business.

What I was saying is that ACL don't increase the cost of the freehold* but that the value of ACL will have increased if they really aren't dependent on CCFC playing there. No point in buying the freehold unless you are willing to buy ACL too.

*I seem to recall ACL have done some building work

GaryPendrysEyes · Oct 24, 2013

A rental deal is an option and shouldn't be dismissed out of hand because Sisu throw a hissy fit if they don't get want they want and cheap. It delivers what most fans want, a return to Coventry and the Ricoh. The fact this new campaign rules it out is contradictory and smells of another agenda.

sky blue john · Oct 24, 2013

Are not Sisu masters of breaking lease agreements and contracts ?
Surely if they bought the Ricoh freehold then it would mean the end of Acl and Compass ?

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