Nick
Administrator
But it was perfectly fine for ACL to charge us large rents?
Pointless 10 point deduction? (2 Viewers)
- Thread starter lordsummerisle
- Start date
But it was perfectly fine for ACL to charge us large rents?
thaiskyblue
New Member
rents high or not that sisu agreed to pay.
fernandopartridge
Well-Known Member
They only agreed by continuing to do so. So they should have gone on a rent strike at the beginning, would've cast ACL to oblivion at that point. Is that what you're saying?
Skyblueweeman
Well-Known Member
i assume you have proof that sisu would do this?
Can I answer a question with another question?
Nick
Administrator
So you are saying that it is SISU's fault because they took on the contract and the council were ok charging us high rent but if SISU were to charge us high rent it would be wrong? What about the people who agreed to the contract in the beginning?
Didn't ACL only start to offer reduced rent when SISU said they were moving out?
thaiskyblue
New Member
of course it's sisu 's fault they knew how much it was and agreed to pay it .
thaiskyblue
New Member
They should have negotiated a lower rent from the begining.
Nick
Administrator
They didn't though? They just took it on when they took over the club?
I don't know why it took so long to flag up the issue with the rent and who knows if anything was said before it all kicked off. What you suggest is them taking action about it, which they did by stopping to pay it and then moving?
What about if SISU got the stadium and sold the club and charged MASSIVE rents with no other income? Surely it would be the new club owners fault and not SISU's?
I don't know why it took so long to flag up the issue with the rent and who knows if anything was said before it all kicked off. What you suggest is them taking action about it, which they did by stopping to pay it and then moving?
What about if SISU got the stadium and sold the club and charged MASSIVE rents with no other income? Surely it would be the new club owners fault and not SISU's?
SkyBlueScottie
Well-Known Member
Something the board tried to do months after moving in to the Ricoh and it was turned down down flat.
RoboCCFC90
Well-Known Member
I can't see the gain of it, however I can see SISU getting the stadium on the cheap and then selling the Club and Arena, which will be nearer a valuation that they would have wanted in the first place which they wouldn't of got with just the club and no stadium.
RoboCCFC90
Well-Known Member
Wow and this ISN'T an assumption??
covcity4life
Well-Known Member
no one can say why it wasn't pointless.
it was a dumb move made by dumb people.
it was a dumb move made by dumb people.
ohitsaidwalker king power
Well-Known Member
I take your point- but why did they not renegotiate the known excessive rent PRIOR to signing? Surely at that juncture they were in a stronger position to do just that- its a bit like you or I shaking hands on a deal to buy a car- handing over the money, driving the vehicle and then going back 1 month later asking for a discount ?
Nick
Administrator
It wouldn't, it would be like asking for a cheaper monthly warranty deal than what they were paying already.
I think most people know what should have happened, but it really pains some people to see that other parties could be at fault. The best bit is how it is ok for ACL to charge us massive rent (as SISU agreed to it, even though they didn't own us) but they MUST NOT sell the ground to SISU as they will just charge us massive rent...
ohitsaidwalker king power
Well-Known Member
Ok lets use your example- why would you not negotiate the monthly warranty figure in advance of signing the deal? Is it reasonable to go back and ask for a reduced price? Unless of course you had a plan in which you were happy to pay it, then fraudulently create an error state to get the engine or maybe the car replaced?
Mucca Mad Boys
Well-Known Member
If their (SISU) plan was to get promoted, and make a 'quick buck', there wouldn't have necessarily been a need to renegotiate the rent in the first place as 1.28m rent p/a when in the prem is affordable, + purchase of the RICOH would've been a possibility.
With hindsight, assuming this was their plan... It's probable that they took over knowing we were financially flawed, spent a fair bit to get promotion quick time (making up financial flaws etc.) but when 'Plan A' didn't work, cuts were needed, lost key players, replacements not up to standard/not tried or whatever, we get relegated, all this rent shite, transfer policy improved (fair play to SISU there) and now we're here... Very summarised.
It was only really in the relegation season where it was obvious we couldn't afford the rent, so they therefore refused to pay up, probably not the right way to go about things but it's history now.
If the majority of fans were against the ret strike when we're in a financial mess, and in L1, I highly doubt there would've been a moment in time where the fans would've supported it.
Tbf, you could argue Sisu's plan could actually work*, because ACL offer closer to Sisu's demands each offer (there were people who were outraged at rejecting a 50% cut).
*Note: depends how it pans out.
skybluetony176
Well-Known Member
does that mean demotion was part of the plan?
the question you need to be asking is how long can the club stay away from the city before it looses its identity or indeed how far from the city limits can it go before it stops becoming ccfc. is MK Dons still Wimbledon? i don't think so.
ohitsaidwalker king power
Well-Known Member
Blue sky thinking or delusion... you decide?
lordsummerisle
Well-Known Member
That'll be due to Mr Coventry's Ticking Clock, with 15 minutes to Weapons of Mass Destruction being unleashed upon the club.
skybluetony176
Well-Known Member
yep, pick up on one little sound bite and ignore the rest of my argument. you and others really need to pull their heads out of wherever they are buried and consider other and more dangerous possibilities. then try looking at shitsu's complete history, not just ccfc and ask yourself if there is any chance i might be just right in my assumptions.
here they are again:-
i would be supprised should it happen that shitsu wouldn't be the land lord. a landlord who would know how much rent to charge and a club that isn't going to complain that the rent is too high.
a bit like the management fee's that shitsu put the ltd into liquidation for. timmy wasn't complaining that the management fee's from shitsu were too high, their was no statements made to the press, no examples of management fee's paid by other 1st division clubs. yet that was the debt that we went into administration for, not the un-paid rent.
No future with SISU
New Member
Someone on here put forward the Rotherham model (£20m) it holds 1200, a nice small stadium and they dream of getting into the championship. You are having a laugh about getting to the premier league with a small stadium.
No future with SISU
New Member
I am not like you Grendel, I class my self as a supporter but you do not know the difference.
ohitsaidwalker king power
Well-Known Member
Rubbish.... SISU victims... really? Come on LSI....you know better than that.
No future with SISU
New Member
The club is not absolutely destitute look at the 2011 accounts for ltd and holdings, add them together and look at income recived and wages, their is a few million proffit which some how ends up as £-15m. can you remember city spending £30m in 2011.
The Landlord is the owner of ACL and they restructured the loan of their company. SISU do it all of the time.
skybluetony176
Well-Known Member
i was going to say look at the 2012 books but you cant. the only thing in them for sure is there will be a big fine on there from HMRC and under rent paid will be a big fat 0, oh and lots of (mis) management fee's from shitsu of course.
lordsummerisle
Well-Known Member
I do, but there aren't any innocents in this.
Took a while for people to wake to Sisu, hope it doesn't take as long for people to wise up about the other characters in the saga.
A Herculean task clearing these Augean style stables of the crap that's built up over the years.
I disagree - fans, Cov residents, businesses around the Ricoh, the manager and team, etc. etc. etc.
I don't see that it makes any difference. Sisu hold all the cards, they have the only vote on whether the team returns to Cov and where it plays if so. If they build a new stadium as they are "planning" then no other party is relevant (unless perhaps CCC object to planning permission etc. out of spite).
Flying Fokker
Well-Known Member
I suppose 2 empty stadiums could be a good add on to the"in our Coventry Home" chant. : (.
ohitsaidwalker king power
Well-Known Member
At the risk of being accused of a smear campaign- Anymore news from Les this week?
letsallsingtogether
Well-Known Member
Why not you discredit everyone else....
Oh sorry has he said something you agree with must be ok then....
Oh sorry has he said something you agree with must be ok then....
ohitsaidwalker king power
Well-Known Member
ah.. now I see... this is what we waited all week for...
http://www.skybluestalk.co.uk/threads/37261-Les-reid-s-ct-article
letsallsingtogether
Well-Known Member
torchomatic
Well-Known Member
I pour scorn on all sides. Many others don't. What happens is someone says something that people don't agree with and before you know it they are being discredited or they're corrupt, have it in for us, etc etc
