Rumour from GMK (3 Viewers)

Otis · May 7, 2012

For what it's worth .....

The ACL company have given SISU a 2 year rent free deal for the Ricoh.

The guy who posted it doesn't believe it to be true, but that's what he's been told.

If it were to be true by any chance then that would be fantastic news indeed.

Nick · May 7, 2012

hmm, so they have just pissed away 2 million quid.....

torchomatic · May 7, 2012

Or secured the future of the team you support. Depends on your point of view, I suppose.

Nick said:
hmm, so they have just pissed away 2 million quid.....

Lord_Nampil · May 7, 2012

i read this earlier while at work (cant post at work sadly) but have to say this rumour sounds like the way forward!

I thought something like this way be the way forward...

only a rumour but if true be fantastic news for the club!

Nick · May 7, 2012

Of course it would be amazing if it was true and I wouldn't complain but there must be a catch...

Otis · May 7, 2012

Could be deferred. Tis a possibility I suppose.

Johnrambo · May 7, 2012

Great news, but does it mean we will have more money for players?

I doubt it..

ggrady · May 7, 2012

Brilliant. It probably just means the rent will remain at 1.2 mill after the 2 years. In the long run it saves ACL a lot of money because if the rent was put down to say 800k a year te contract is for 40 years so they would lose a hell of a lot more than the 2.4mill they are losing. This is believable but what about the council? Surely they would want there rent?

dgm · May 7, 2012

Operative word RUMOUR - suppose we will cling to anything if it means our clubs fortunes improve- sorry to be a realist -i don't believe it for one second

Otis · May 7, 2012

I believed it for 3, so am obviously a lot more gullible than you.

Gray · May 7, 2012

so a few weeks ago they said they would not move from 1 million and now they will give it us for free..... doubt it

sw88 · May 7, 2012

Highly unlikely IMO! Probably a councillors promise They can't honour just to try and get votes before last weeks elections!

As said above, one minute they won't budge, the next their giving us it for free?

I imagine of such a drastic decision was to be made, council tax would not have been froze this year.....

Covstu · May 7, 2012

they dont trust SISU, they wont sell to SISU why would they give it rent free for 2 years?? I suppose its not in their interest if there is no club at all!

WillieStanley · May 7, 2012

If true... there's got to be a catch. Surely they would have to pay for it a some stage. Perhaps it's a case of giving us a better chance of being competetive enough to bounce back? They have a plan that ACL have bought into?

Otis · May 7, 2012

As i say, if it were to be true it would simply be deferred surely.

We'd still have to pay it back.

Brighton Sky Blue · May 7, 2012

We still owe a good £40 million on the lease-quite possible that the lease agreement has been renegotiated to be extended by a few years in return for a break now.

WillieStanley · May 7, 2012

Brighton Sky Blue said:
We still owe a good £40 million on the lease-quite possible that the lease agreement has been renegotiated to be extended by a few years in return for a break now.

That sounds feesable

WillieStanley · May 7, 2012

For ACL to agree to this, though, SISU must have had a pretty decent two year plan. As in "This is what we will do with the money saved. That's what's going to get us into a position where we can justify the paying that much"

Brighton Sky Blue · May 7, 2012

To date we've paid about £9-9.5 million of a £48 million lease-and until now we've paid on time every month. Just as banks grant repayment holidays to people who pay loan instalments on time for a given time, maybe ACL have granted us something similar. Pure speculation though!

Glen · May 7, 2012

NO way we will get for nothing its a RUMOUr so prob get for £500,000 really

Brighton Sky Blue · May 7, 2012

You see the positive in everything Glen, it's one of your better traits.

covfan1966 · May 7, 2012

I cant remember any rumours on GMK ever being true

canleykid · May 7, 2012

Maybe sisu put a two year plan on the table the council said ok we will do it but if u break ur agreement we will want full back pay of rent

valiant15 · May 7, 2012

A nice 100k a month windfall for sisu's investors if its true.

torchomatic · May 7, 2012

More of a case of £100K a month for the Club, I would have thought. More chance of getting in players.

I presume the idea is that we defer payment until we can get back in the Championship when we start paying again.

valiant15 said:
A nice 100k a month windfall for sisu's investors if its true.

valiant15 · May 7, 2012

Ill believe it when i see it. That did actually make me laugh out loud torch lol.

coundonskyblue · May 7, 2012

If its true I would hope that ACL have accepted this as part of a proper plan for the club with all or at least a major part of that 100k a month going on players.

WillieStanley · May 7, 2012

You know what, I'm actually more downhearted by the attitude of some fans than I am of our plight at the moment.

There's no spirit, no optimism, no "what if".

What happened to "City Till I Die" "We'll fight til the game is won"?

Well we're in League One. We've broken a few records we didn't want to break. We've had a really bad season and are at the end of a ten year stint of under achievment. We've got faceless owners who have made some hefty mistakes which have cost us.

Bar the league we're in... That's all part and parcel of being a City fan. That's what you signed up for folks. We were never the big club. We were always punching upwards. For as long as I've been a fan, we've always had the wrong people at the top.

We've hit a new low of the modern era of CCFC but, you know what, we're Cov fans. We take the knocks and the heartbreak. We dust ourselves off and look to the future. "It'll be better next season"... It's what we always say, isn't it?

That's what makes us special. That's why we're receiving the well wishes.

Squabbling about the morality of buying a Season Ticket, writing off a rumour before the facts are known, writing off a season before it's began or putting down players before they've pulled on the shirt... It's not what we're about, is it?

We are the only survivors of Jimmy's vision and it's up to us to continue that and relive it again, 50 years on.

Brighton Sky Blue · May 7, 2012

Good post WS. I'm tired of being told by other fans how crap our support must be because we struggle to fill our ground. Well, give any other team bottom half finishes and relegation scraps for 40 years and see what crowds they get-that we maintain a hardcore of a dozen thousand in the face of such on pitch mediocrity (regardless of league) is a testament to those who continue to stick by their club.

CCFC123 · May 7, 2012

Otis said:
For what it's worth .....

The ACL company have given SISU a 2 year rent free deal for the Ricoh.

The guy who posted it doesn't believe it to be true, but that's what he's been told.

If it were to be true by any chance then that would be fantastic news indeed.

Dont think it's true as they have a meeting later this week to discuss. The council may have to consult the public to piss away £2m quid ?

valiant15 · May 7, 2012

How can people be optimistic? We've just been relegated,our owners sell or release any good players we have,we've been bullshitted inside out by them,they wont pay the rent,we've got a transfer embargo,threats of liquidation etc etc. No wonder people are fed up.

Otis · May 7, 2012

Wouldn't be pissing it away though if it was deferred would it.

Only passing on a rumour. This is a possible course of action though. Rather than lower the rent or Sisu refuse to pay the rent, to have the rent deferred to be paid at a later date.

valiant15 · May 7, 2012

So possibly more debt for the club,sisu save a 100k a month and leave any future owner with a possible 2 million bill.

WillieStanley · May 7, 2012

valiant15 said:
How can people be optimistic? We've just been relegated,our owners sell or release any good players we have,we've been bullshitted inside out by them,they wont pay the rent,we've got a transfer embargo,threats of liquidation etc etc. No wonder people are fed up.

I think you misunderstood... Or didn't read properly.

cheever · May 7, 2012

Otis said:
For what it's worth .....

The ACL company have given SISU a 2 year rent free deal for the Ricoh.

The guy who posted it doesn't believe it to be true, but that's what he's been told.

If it were to be true by any chance then that would be fantastic news indeed.

If true, fair play to ACL....now SISU have no leg to stand on....not that they had one in the first place.

Rumour from GMK (3 Viewers)

Well-Known Member

Administrator

Well-Known Member

Well-Known Member

Administrator

Well-Known Member

New Member

New Member

New Member

Well-Known Member

Well-Known Member

Chief Commentator!

Well-Known Member

New Member

Well-Known Member

Well-Known Member

New Member

New Member

Well-Known Member

Member

Well-Known Member

Member

New Member

New Member

Well-Known Member

New Member

New Member

New Member

Well-Known Member

New Member

New Member

Well-Known Member

New Member

New Member

New Member

Users who are viewing this thread

Privacy & Transparency

Privacy & Transparency