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Reasons not to push for an independent mediator and/or arbitrator (3 Viewers)

  • Thread starter Deleted member 5849
  • Start date May 5, 2014
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Deleted member 5849

Guest
  • May 6, 2014
  • #141
olderskyblue said:
But then it comes to trust. Trust that someone, in either camp, according to which "side of the fence" you sit on, would actually give the absolute truth/facts that would help this situation, or even show they really do want it to be resolved.

I'd like to think there is some hope somewhere, but I just cannot see it.

Doesn't mean we shouldn't try though.
Click to expand...

Indeed.

The very act of agreeing to arbitration would be a signal that both 'sides' want this resolved.

That'd be a start.
 
L

limoncello

Guest
  • May 6, 2014
  • #142
wingy said:
Way too late 18 months to 2yrs too late.

Made their bed and have to" Lie " in It ,and boy have they .
Click to expand...

You perhaps have this success fantasy where Otium/Sisu suddenly put up their hands and say 'it's a fair cop, you got us good and proper, we were evil incarnate and now we're going to do the right thing and hand over this wonderful property to someone who can do justice to it like Gary Hoffman.' It's not going to happen, brother.

I predict that the JR will be a forum for airing petty grievances. Whoever loses will appeal and if the appeal goes the wrong way they will appeal again. Lawyers will make shedloads and we'll still be on here bickering about who's got the moral rectitude. Fucking shambles. The club, meanwhile, will continue to be shit.

A lot of people have nailed their colours to the mast. They've decided that their 'team' (council or Sisu) is by far the greatest team etc. Meanwhile, our 'team' (the proper football playing team) will only suffer.

I say fuck the council. Fuck Otium. Fuck ACL. Binding arbitration by an independent body, agreed by all parties, really shouldn't be such a big problem.

Why the fuck not?
 
W

wingy

Well-Known Member
  • May 6, 2014
  • #143
Just wrong !!
 
L

limoncello

Guest
  • May 6, 2014
  • #144
wingy said:
Just wrong !!
Click to expand...

Thanks for the Clarification !!!
 
P

pugwash

New Member
  • May 6, 2014
  • #145
limoncello said:
You perhaps have this success fantasy where Otium/Sisu suddenly put up their hands and say 'it's a fair cop, you got us good and proper, we were evil incarnate and now we're going to do the right thing and hand over this wonderful property to someone who can do justice to it like Gary Hoffman.' It's not going to happen, brother.

I predict that the JR will be a forum for airing petty grievances. Whoever loses will appeal and if the appeal goes the wrong way they will appeal again. Lawyers will make shedloads and we'll still be on here bickering about who's got the moral rectitude. Fucking shambles. The club, meanwhile, will continue to be shit.

A lot of people have nailed their colours to the mast. They've decided that their 'team' (council or Sisu) is by far the greatest team etc. Meanwhile, our 'team' (the proper football playing team) will only suffer.

I say fuck the council. Fuck Otium. Fuck ACL. Binding arbitration by an independent body, agreed by all parties, really shouldn't be such a big problem.

Why the fuck not?
Click to expand...

As others have said, because CCC/ACL/AHT/whoever may not want to sell. AHT have already stated that they are happy to treat their investment as "charitable"; what would be the point of entering binding arbitration if they have already decided they don't want to sell for less than 6.5 million?

Arbitration is great when two parties want to do a deal but can't agree on the price, but it makes no sense when the seller doesn't especially want to sell. From a fan's perspective it sounds great, but unfortunately none of the parties with a say in this decision are fans.
 
S

Spionkop

New Member
  • May 6, 2014
  • #146
Are we nearly there yet?
 

Astute

Well-Known Member
  • May 6, 2014
  • #147
limoncello said:
You perhaps have this success fantasy where Otium/Sisu suddenly put up their hands and say 'it's a fair cop, you got us good and proper, we were evil incarnate and now we're going to do the right thing and hand over this wonderful property to someone who can do justice to it like Gary Hoffman.' It's not going to happen, brother.

I predict that the JR will be a forum for airing petty grievances. Whoever loses will appeal and if the appeal goes the wrong way they will appeal again. Lawyers will make shedloads and we'll still be on here bickering about who's got the moral rectitude. Fucking shambles. The club, meanwhile, will continue to be shit.

A lot of people have nailed their colours to the mast. They've decided that their 'team' (council or Sisu) is by far the greatest team etc. Meanwhile, our 'team' (the proper football playing team) will only suffer.

I say fuck the council. Fuck Otium. Fuck ACL. Binding arbitration by an independent body, agreed by all parties, really shouldn't be such a big problem.

Why the fuck not?
Click to expand...

A lot of people have realised that Joy wants what can't be given.

A lot of people have realised that Joy don't negotiate.

A lot of people have realised that SISU don't want what is best for our club or us.

A lot of people have noticed that SISU won't pay anywhere near it's value, and by law CCC can't let it go for less.

Would you like to explain this 'binding arbitration' thing that has been made up? So if the value of what they want was set at 60m, which it easily could be, SISU would have to pay even if they couldn't raise the cash? You need to remember what Joy wants. She even wants the surrounding land.
 
R

RoboCCFC90

Well-Known Member
  • May 6, 2014
  • #148
skybluefred said:
Are you saying sisu are LYING about a new stadium--I hadn't considered that.
Click to expand...

That is not what I am saying at all, in my opinion a new stadium has a 20% chance of being built and that's being generous!


Sent from my iPhone using Tapatalk
 

Astute

Well-Known Member
  • May 6, 2014
  • #149
RoboCCFC90 said:
That is not what I am saying at all, in my opinion a new stadium has a 20% chance of being built and that's being generous!
Click to expand...


I think you have put an extra 0 in the chance of it happening.
 
R

RoboCCFC90

Well-Known Member
  • May 6, 2014
  • #150
Astute said:
A lot of people have realised that Joy wants what can't be given.
Click to expand...

Joy believes that the Club should own, it's own stadium to me that doesn't unviable.

Astute said:
A lot of people have realised that Joy don't negotiate.
Click to expand...

It seems Joy doesn't want to negotiate down to what Joy believes to of been injustice when ACL/CCC and PH4's party tried to purchase the Club in the Admin process, whether this is accurate or not time will tell.

Astute said:
A lot of people have realised that SISU don't want what is best for our club or us.
Click to expand...

Maybe that is the case, however the argument I would pose is that if Sisu's are intentions are to recoup there investment, why not purchase the Ricoh and it's revenues and fight through the leagues within five years of purchasing the Ricoh they could be in the Premier league.

Astute said:
A lot of people have noticed that SISU won't pay anywhere near it's value, and by law CCC can't let it go for less.
Click to expand...

To the value of? An example of this would be CCC saying that the Higgs Share of ACL is in fact worthless, yet the Charity deem it to be worth £6.5m, if there is price that CCC are willing to they should name it IMO, that way everyone knows what they want, if it's achievable for Sisu and whether it's market value.

Astute said:
Would you like to explain this 'binding arbitration' thing that has been made up? So if the value of what they want was set at 60m, which it easily could be, SISU would have to pay even if they couldn't raise the cash? You need to remember what Joy wants. She even wants the surrounding land.
Click to expand...

Again do we know what Joy wants? I would suggest guessing what Joy wants is a big grey area. The question you should be asking Astute is what do Joy's investors desire? Are they happy purchasing the Ricoh for £60m or are they happy for Sisu to work it's way to potentially find a way to purchase the desired business of the Ricoh for much less?


Sent from my iPhone using Tapatalk
 

Astute

Well-Known Member
  • May 6, 2014
  • #151
You know that Higgs tried to sell to SISU for 5.5m yet still say that Higgs value it as what they paid our club for it.

Yes nearly all of us want a fair price to be paid. That is what would bring this shambles to an end. If SISU were willing to pay a fair price it would have been done by now. And we wouldn't be playing in Northampton. But it is so easy to push the blame towards CCC and Higgs although the evidence so far shows the truth to be slightly different.
 
R

RoboCCFC90

Well-Known Member
  • May 6, 2014
  • #152
Astute said:
You know that Higgs tried to sell to SISU for 5.5m yet still say that Higgs value it as what they paid our club for it.

Yes nearly all of us want a fair price to be paid. That is what would bring this shambles to an end. If SISU were willing to pay a fair price it would have been done by now. And we wouldn't be playing in Northampton. But it is so easy to push the blame towards CCC and Higgs although the evidence so far shows the truth to be slightly different.
Click to expand...

I am not pushing the blame anywhere Astute, I find it incomprehensible that this situation has not been sorted already for the good of the Club and the City's economy.


Sent from my iPhone using Tapatalk
 

Nick

Administrator
  • May 6, 2014
  • #153
Astute said:
You know that Higgs tried to sell to SISU for 5.5m yet still say that Higgs value it as what they paid our club for it.

Yes nearly all of us want a fair price to be paid. That is what would bring this shambles to an end. If SISU were willing to pay a fair price it would have been done by now. And we wouldn't be playing in Northampton. But it is so easy to push the blame towards CCC and Higgs although the evidence so far shows the truth to be slightly different.
Click to expand...

What is a fair price though? Say it is valued at nothing, what would a fair price be?
 

Hobo

Well-Known Member
  • May 6, 2014
  • #154
Nick said:
What is a fair price though? Say it is valued at nothing, what would a fair price be?
Click to expand...

Depends on how it comes to be valued at nothing ie assets vs debts etc then how any deal to purchase it is structured.

I'm sure even if a deal was agreed between the two parties you would still find people arguing over whether it was over valued or under valued?
 

blueflint

Well-Known Member
  • May 6, 2014
  • #155
RFC said:
Think a few people who post regular threads on this site may be in for a huge shock in the coming weeks! PUSB
Click to expand...


you keep saying that give with the proof or shut up
 

Astute

Well-Known Member
  • May 6, 2014
  • #156
Nick said:
What is a fair price though? Say it is valued at nothing, what would a fair price be?
Click to expand...

Why do you keep using the quote as if it is valued at nothing? If it was worth nothing why are SISU willing to do what they are to our club and lose millions for our club each year to get something without any value?
 

chiefdave

Well-Known Member
  • May 6, 2014
  • #157
Would you even be able to enforce a decision? Lets say CCC are told to sell the freehold for x amount. What happens if the council then go no we're not selling or SISU say we aren't paying that much?
 

Astute

Well-Known Member
  • May 6, 2014
  • #158
I am also on the understanding that any council must put any freehold on the open market to offers. If this is the case how can they not do this?
 

fernandopartridge

Well-Known Member
  • May 6, 2014
  • #159
Noggin said:
18 months ago there were none, now after SISU have shown they are willing to cause massive damage to the club with the exceptionally illogical (in terms of ccfc's interests) and willing to lie and mislead everyone, any solution that ends with them staying in charge of the club is an unacceptable solution, I just can't bring myself to support a club owned and run for the benefit of these villains.
Click to expand...

There are still none.
 

Nick

Administrator
  • May 6, 2014
  • #160
Astute said:
Why do you keep using the quote as if it is valued at nothing? If it was worth nothing why are SISU willing to do what they are to our club and lose millions for our club each year to get something without any value?
Click to expand...

What would you say it is worth? What would you say is fair?
 

Astute

Well-Known Member
  • May 6, 2014
  • #161
Nick said:
What would you say it is worth? What would you say is fair?
Click to expand...

Certainly more than valueless as you keep mentioning. And what do you want to know the value of? Leasehold, freehold, unencumbered freehold, surrounding land or even only the football ground section?

And would you say it is worth less than a smaller new build would cost 'in the Coventry area'?
 

lordsummerisle

Well-Known Member
  • May 6, 2014
  • #162
Everybody is fucking insane.

Don't want independent valuations, arbritration or for the club to get back to Coventry at all from the looks of things.

Just what would be wrong with it? What are people so scared of?

Mentalists the lot of you.
 

duffer

Well-Known Member
  • May 6, 2014
  • #163
I've no issue with binding arbitration, but I think there are a few things here to consider.

The first one is the scope - what are we talking about buying & selling here? ACL, the council's share in ACL, the Higgs share in ACL, the Ricoh freehold encumbered, Ricoh unencumbered, surrounding land etc? All of those things have issues.

Let's take the simplest one, selling ACL: As it stands, you can't sell the ACL shares without agreement from both sides, Higgs and CCC. Even if one side was willing to enter into binding arbitration, would the others? The Higgs may not be willing (or able) to enter into a deal for less than their current valuation. The Council may not legally be able to do that either. Binding arbitration with one party (SISU) obviously precludes the possiblity of selling on the open market, which might be a requirement to prove that the council are fulfilling their legal obligations to get the best possible return on their investments.

And if we are talking about selling to SISU, then what bit of SISU? Are we, for instance, going to allow a SISU company not directly involved with the club take ownership of some or all of the stuff above, and leave the club potentially still in a landlord/tenant relationship without direct access to revenue streams? Would that really be to the long-term benefit of the club? What guarantees would SISU be prepared to offer to protect the club's interests as opposed to their own, which may differ.

In the meantime, what happens with the JR. You can't really enter into arbitration whilst someone is taking you to court - it's either one or the other imho. Would SISU be willing to drop the court action?

I guess what I'm saying is that it's very easy to call for something like binding arbitration because 'we just want what's fair for everybody' sounds extremely reasonable. However, even a minor bit of analysis shows how difficult it is to establish the boundaries of what you are arbitrating on, and with whom. I'm not sure it's anywhere near as simple as it sounds, with all due respect NW.

I still think we are at a stalemate until the JR, and the fastest way to get everyone talking is to get the club back at the Ricoh and start negotiations from there. Until SISU do that I can't accept that what they are doing is in any way for the best of the club, and I'm not sure I'd trust them to negotiate on what's best for the club either. Just mho, as ever.
 

Astute

Well-Known Member
  • May 6, 2014
  • #164
lordsummerisle said:
Everybody is fucking insane.

Don't want independent valuations, arbritration or for the club to get back to Coventry at all from the looks of things.

Just what would be wrong with it? What are people so scared of?

Mentalists the lot of you.
Click to expand...

Or maybe more realistic than a few others and can see all the problems ahead.

And nobody has even mentioned whether it would be a legal proposition as council freeholds are supposed to be sold to the highest bidder. I suppose that we can always ignore the most important parts though.
 
L

limoncello

Guest
  • May 6, 2014
  • #165
duffer said:
I've no issue with binding arbitration, but I think there are a few things here to consider.

The first one is the scope - what are we talking about buying & selling here? ACL, the council's share in ACL, the Higgs share in ACL, the Ricoh freehold encumbered, Ricoh unencumbered, surrounding land etc? All of those things have issues.

Let's take the simplest one, selling ACL: As it stands, you can't sell the ACL shares without agreement from both sides, Higgs and CCC. Even if one side was willing to enter into binding arbitration, would the others? The Higgs may not be willing (or able) to enter into a deal for less than their current valuation. The Council may not legally be able to do that either. Binding arbitration with one party (SISU) obviously precludes the possiblity of selling on the open market, which might be a requirement to prove that the council are fulfilling their legal obligations to get the best possible return on their investments.

And if we are talking about selling to SISU, then what bit of SISU? Are we, for instance, going to allow a SISU company not directly involved with the club take ownership of some or all of the stuff above, and leave the club potentially still in a landlord/tenant relationship without direct access to revenue streams? Would that really be to the long-term benefit of the club? What guarantees would SISU be prepared to offer to protect the club's interests as opposed to their own, which may differ.

In the meantime, what happens with the JR. You can't really enter into arbitration whilst someone is taking you to court - it's either one or the other imho. Would SISU be willing to drop the court action?

I guess what I'm saying is that it's very easy to call for something like binding arbitration because 'we just want what's fair for everybody' sounds extremely reasonable. However, even a minor bit of analysis shows how difficult it is to establish the boundaries of what you are arbitrating on, and with whom. I'm not sure it's anywhere near as simple as it sounds, with all due respect NW.

I still think we are at a stalemate until the JR, and the fastest way to get everyone talking is to get the club back at the Ricoh and start negotiations from there. Until SISU do that I can't accept that what they are doing is in any way for the best of the club, and I'm not sure I'd trust them to negotiate on what's best for the club either. Just mho, as ever.
Click to expand...

Yeah, no wonder northern Ireland and south Africa were never able to move on. Insurmountable.
 

covcity4life

Well-Known Member
  • May 6, 2014
  • #166
council lovers dont want the truth to come out it seems....
 

duffer

Well-Known Member
  • May 6, 2014
  • #167
limoncello said:
Yeah, no wonder northern Ireland and south Africa were never able to move on. Insurmountable.
Click to expand...

Not insurmountable, but not easy either.

And I don't think either Northern Ireland or South Africa were solved by binding arbitration either, were they? That was kind of a long drawn out process of negotiation with all sides showing good faith - you know without one side taking the other to court, or making threats, or completely abandoning the country etc. etc.

Of course if you just want a stick to beat one side with, you could pretend that it was dead straightforward I suppose. I'm not sure where that gets you though, other than you feeling better about your own personal viewpoint, or a handy bit of PR maybe. (Which wasn't NW's intention I'm sure, I should add).

Alternatively, you could just explain how easy it is to overcome all of these obstacles, though of course that would involve typing more than one sentence.
 

shmmeee

Well-Known Member
  • May 6, 2014
  • #168
covcity4life said:
council lovers dont want the truth to come out it seems....
Click to expand...

And still council haters refuse to actually state what this truth is.

I can't see anyone against it in this thread, just a few people stating some rather obvious issues.

As has been said over and over in this, you can't force one side to offer/accept an amount they don't agree with.

The Ricoh will always be worth more to CCC than it is to Sisu. That's just basic economics, the council have to consider wider impact. The idea that there is a "true value" of anything is illiterate nonsense.

We may not like it, but those are the facts. But as I said earlier, I'm all for a third party but wouldn't it just be another set of "facts" to contradict the others and how would we pick someone both sides are happy with?
 

covcity4life

Well-Known Member
  • May 6, 2014
  • #169
you have already made your mind up that you wont be happy with the valuation either way so whats the point?

ccfc will never own ricoh and have been forced away then.

and you seem happy about it.
 

shmmeee

Well-Known Member
  • May 6, 2014
  • #170
RoboCCFC90 said:
Joy believes that the Club should own, it's own stadium to me that doesn't unviable.
Click to expand...

That sentence makes no sense. But I guess you're saying we need to own our ground. Why? Other than "Joy wants it".



It seems Joy doesn't want to negotiate down to what Joy believes to of been injustice when ACL/CCC and PH4's party tried to purchase the Club in the Admin process, whether this is accurate or not time will tell.
Click to expand...

I she didn't want people to bid, she shouldn't have put the club into admin. Simples. Again, why should "Joys spit her dummy" be a valid reason?



Maybe that is the case, however the argument I would pose is that if Sisu's are intentions are to recoup there investment, why not purchase the Ricoh and it's revenues and fight through the leagues within five years of purchasing the Ricoh they could be in the Premier league.
Click to expand...

If they had the ability to do that, why spend £50m getting is relegated. Sisu have shown they haven't the first clue of how to run a successful side. As Sisu themselves have stated, they project Championship at the absolute best in the next 5-7 years (see stadium meetings).
 

Astute

Well-Known Member
  • May 6, 2014
  • #171
covcity4life said:
ccfc will never own ricoh and have been forced away then.

and you seem happy about it.
Click to expand...

Fisher has got you hook, line and sinker. Our football club was never forced out even when not paying any rent. Or would you like to explain differently?
 

Grendel

Well-Known Member
  • May 6, 2014
  • #172
Astute said:
Fisher has got you hook, line and sinker. Our football club was never forced out even when not paying any rent. Or would you like to explain differently?
Click to expand...

We will not actually know the full situation until the JR I suspect.
 

covcity4life

Well-Known Member
  • May 6, 2014
  • #173
Astute said:
Fisher has got you hook, line and sinker. Our football club was never forced out even when not paying any rent. Or would you like to explain differently?
Click to expand...

because change is required long term.

sisu have been forced into this to bend council to their will, if it doesn't work they will have to build a new stadium

either way free rent at ricoh isnt enough for ccfc long term.
 

Astute

Well-Known Member
  • May 6, 2014
  • #174
Grendel said:
We will not actually know the full situation until the JR I suspect.
Click to expand...

Many of us have said for ages that we need to wait for the JR to occur. But this is one thing that we can work out for ourselves. The only reason SISU have been able to give is a lack of trust. CCC would certainly agree there. Does anyone on here even trust SISU?
 

Astute

Well-Known Member
  • May 6, 2014
  • #175
covcity4life said:
because change is required long term.

sisu have been forced into this to bend council to their will, if it doesn't work they will have to build a new stadium

either way free rent at ricoh isnt enough for ccfc long term.
Click to expand...

Do you honestly think that a bit of pie money will make up for lower attendances and build cost repayments?
 
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