Plus ça Change: The High Court Damning Of Coventry City (1 Viewer)

[wingy]

WE'd have just about broke even on the low rent offer at the RICOH,without the Callum money ,turnover circa £6.5-7M.

 

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[Grendel]

You may be right about the club losing less at sixfields with their reduced costs ( and a bit of luck - Arsenal away, selling Leon Clarke and Callum Wilson ). But the 50 million - even if maybe some is a tax loss/ shuffle - will not come back and will hurt.

There is no chance though, of building a football team capable of promotion in this low budget scenario.

It's not really £50 million though is it? Nowhere near I would say.

 

[martcov]

It's not really £50 million though is it? Nowhere near I would say.

sisu's lawyer said that in court. No doubt he was truthful, or do you think that Joy would have instructed him to tell porkies?

 

[wingy]

sisu's lawyer said that in court. No doubt he was truthful, or do you think that Joy would have instructed him to tell porkies?

Judge kept citing £40M??:thinking about:

 

[martcov]

WE'd have just about broke even on the low rent offer at the RICOH,without the Callum money ,turnover circa £6.5-7M.

Yes, I meant this season just gone when we weren't at the Ricoh, compared to some seasons in the past where we got better attendances, but paid average players big money and ACL a high rent. If we had have been at the Ricoh this year with lower costs, a lower rent and good attendances, we would also have broken even because of Arsenal, Leon etc..

 

[martcov]

Judge kept citing £40M??:thinking about:

Lawyer 50 million.

 

[martcov]

Lawyer 50 million.

I will take the judge's word as gospel though.

 

[The Gentleman]

Rubbish. I think SISU and the FL are above embarrassment and unfavourable headlines.

Is that 'FACT' or just your opinion?

Unless something happens then no-one can say what the outcome would be, whether it was positive or negative.

What if a suggestion of a total boycott for 3 games was organised followed by flooding the place for 3 games (if people who went wanted to do certain protests in the ground then upto them), would you be for it or against it? I think the boycott should be first seeing as it is a massive majority who don't go compared to those that go.

 

[italiahorse]

I think it has replaced "sisu apologist" by the ignorant majority on here.

Ignorant Majority ?
That is similar to the " Everybody in the world is mad except me " comment

 

[Grendel]

Ignorant Majority ?
That is similar to the " Everybody in the world is mad except me " comment

Not really. In the spirit of the Godiva festival week name the best song;

Vienna by Ultravox
Shudda Up Your Face by Joe Dolce

Did you agree with the majority?

 

[The Gentleman]

Not really. In the spirit of the Godiva festival week name the best song;

Vienna by Ultravox
Shudda Up Your Face by Joe Dolce

Did you agree with the majority?

Sometimes I wish you would listen to what Joe Dolce say's.

 

[Grendel]

Sometimes I wish you would listen to what Joe Dolce say's.

Why? As you are part of the ignorant majority?

 

[italiahorse]

Not really. In the spirit of the Godiva festival week name the best song;

Vienna by Ultravox
Shudda Up Your Face by Joe Dolce

Did you agree with the majority?

I don't always agree with the majority but it's a democracy so I accept the decision.

 

[limoncello]

It wouldn't help.

a) We've seen how ridiculously divisive such a boycott is. It detracts from actual issues and allows people to turn against those who haven't caused this - that's utterly pointless and ridiculous and, indeed, falls helps out the protagonists rather than hinders;

b) You'll never get 100% for anything; why badger people with a different view?

c) It looks like apathy. Have to always consider not what you want it to look like, but what it might look like also.

d) Proactive looks better. A better pressure would be if thousands were milling around Northampton, Coventry... London. Desperate to watch a football match but unable to do so even if they wanted to, as the capacity is finite and below what it should be.

Pragmatically, a far more constructive protest would be one that seeks to include as many as possible (next Saturday, for example) rather than exclude.

The Trust will be voting on a couple of 'highly topical resolutions' at their upcoming AGM, the second of which is:


"Resolution 2 proposed by Bruce Walker


The Trust can no longer sit on the fence while our Club is being destroyed. The Trust must
represent and give voice to its members, and in particular must:

1. Call for a complete supporters' boycott of City matches at Sixfields.

2. Increase pressure on the Football League to bring about a return of the Club to the Ricoh Arena from the start of the 2014/15 season , by using their powers to encourage the Club and its owners to enter into negotiations with Coventry City Council, ACL and other interested parties who could facilitate such a return , and to ensure
that any proposed return is approved by the League as quickly as possible.

3. Take over the www.FixFootball.co.uk petition and use the Trust's fighting fund, other resources and links with Supporters Direct and other fan groups to promote it.

4. Start a campaign of contacting known or suspected SISU investors, drawing their attention to the current position."

Can't see that getting carried, obv.

 

[The Gentleman]

Why? As you are part of the ignorant majority?

I form my own opinions and don't belong to any ignorant majority on either side. If my opinions are the same as others on here then that is merely coincidence and if you don't like it then tough. Oh and one other thing Shudda Up Your Face!

 

[cloughie]

The real money lost is far less. It's a daunting stat that the cost of being in sixfields is probably £2 million tips and with proper financial management the club could lose less money than they had at the Ricoh.

As soon as the administration order was raised I said Pandora's box has opened and no one knows the hell that will be unleashed. This will run and run.

ah so they could only lose 2 million and that is covered by Callum Wilson,s 3million fee

Now where could they get a higher income.............keep thinking ..................keep thinking .the penny will drop eventually

back in Coventry

But that wouldn't concern you

 

[Brighton Sky Blue]

You'd be, errrm.... silly not to do it for a TV game though.

Thing is, things need a build-up though, and anything we do is on the fly. Should be, now, thinking about what the Christmas event is.

A TV game is one with cameras there. Having cameras there if not specifically to record the game achieves the same end result.

 

[Brighton Sky Blue]

You don't know how the gamble has worked as you don't know the timescale she will be prepared to work to. Say its 4 years -what then?

True, however each year that goes by with ACL intact is another year of pouring investors' money into the failing Sixfields idea. Removing the club was her trump card and it hasn't worked, with no imminent sign of it doing so. If the club were such a key part of ACL's business that they could not survive without it then we would have seen tangible signs of that.

 

[pugwash]

4. Start a campaign of contacting known or suspected SISU investors, drawing their attention to the current position."

The only one that will make any difference IMO - or more specifically, publically targeting any investors. Many won't care of course, but there could be a few that would be averse to any negative publicity.

 

[Astute]

True, however each year that goes by with ACL intact is another year of pouring investors' money into the failing Sixfields idea. Removing the club was her trump card and it hasn't worked, with no imminent sign of it doing so. If the club were such a key part of ACL's business that they could not survive without it then we would have seen tangible signs of that.

Her trump card failed when CCC refinanced the loan. This is why Timothy says it will go in front of 3 judges.

At least he would be able to hear the result in stereo.

 

[chickentikkamasala]

Her trump card failed when CCC refinanced the loan. This is why Timothy says it will go in front of 3 judges.

At least he would be able to hear the result in stereo.

I would say in surround sound with 3

 

[skybluetony176]

Not really. In the spirit of the Godiva festival week name the best song;

Vienna by Ultravox
Shudda Up Your Face by Joe Dolce

Did you agree with the majority?

Good one. Although the majority in this case had a sense of humour. It was nothing to do with ignorance.

 

[shmmeee]

I would say in surround sound with 3

Maybe one's a subwoofer?

 

[shmmeee]

The only one that will make any difference IMO - or more specifically, publically targeting any investors. Many won't care of course, but there could be a few that would be averse to any negative publicity.

Unless, of course, there are no investors to contact.

 

[NorthernWisdom]

Unless, of course, there are no investors to contact.

The uncomfortable truth is the investors would be a lot happier with the past year's efforts than those previously too.

This is, after all, the way SISU operate. Death or glory.

You know what you're getting into when you invest somewhere like SISU. What you want to see is strong, firm hands pushing to the edge of brinkmanship. What you're prepared to do is accept the risk that goes with it.

 

[The Gentleman]

The uncomfortable truth is the investors would be a lot happier with the past year's efforts than those previously too.

This is, after all, the way SISU operate. Death or glory.

You know what you're getting into when you invest somewhere like SISU. What you want to see is strong, firm hands pushing to the edge of brinkmanship. What you're prepared to do is accept the risk that goes with it.

I disagree to a certain extent. Yes these types of investors like the high risk/reward strategy but at what point does it become a hopeless cause. Even billionaires have limits and I have found when dealing with very rich people is that the reason they are rich is because they watch their money, they like to see what it is doing. If the appeal goes against Sisu then their position gets weaker by the day because as we know, the new stadium just does not make any financial sense in any way. Therefore, investors might well start to ask some searching questions of Sisu shortly.

 

[shmmeee]

You'd have had better luck with investors prior to 2012. If anything from their point of view Joy is doing a sterling job trying to polish a turd now.