Yep a loss making club,with virtually no assets,playing in the 3rd tier of English football,not owning their ground,with the prospect of starting next year with a points deduction,it is amazing that the queue to buy the club is not stretching down the Foleshill Road.Amazes me that some cannot see what an attractive proposal owning both ACL and CCFC could be.
Yep a loss making club,with virtually no assets,playing in the 3rd tier of English football,not owning their ground,with the prospect of starting next year with a points deduction,it is amazing that the queue to buy the club is not stretching down the Foleshill Road.
It is for coming out of administration. The owners will have been forced to go in and unless they agree to the new buyer the administrator will exit the club without a voluntary CVA.Changing the subject a bit as I'm not fully comprehending something. I've heard that if we get points deducted next season it could be 15+. That would be for going into administration, yes? So, why is that? Why more than the obligatory 10 points? Pompey have been in to admin 3/4 times in the recent past and haven't had more than the 10 points deducted. So why is there the potential of us getting more?
I'm not saying they are, others are.
Effectively, I'm saying that these other people are lying and that they are full of there own importance.
It is for coming out of administration. The owners will have been forced to go in and unless they agree to the new buyer the administrator will exit the club without a voluntary CVA.
Likely scenario. Also likely all 25 points is next season.
I am trying to put a positive slant on this. If we get promoted this season and start next season in the Championship with 10pt deduction and then exit administration without CVA but a clean slate we would receive a further 15pt deduction. This would almost certainly relegate us back to L1 in season 14/15.
A better position than we are now in.
If Hoffman, Elliott or Ranson involved at all, then I'm out.
Suspect they are, and the following definition of insanity would just about cover it:
"Insanity is repeating the mistakes of the past and expecting different results".
Won't the 10pt deduction not be taken off us this year though ?I am trying to put a positive slant on this. If we get promoted this season and start next season in the Championship with 10pt deduction and then exit administration without CVA but a clean slate we would receive a further 15pt deduction. This would almost certainly relegate us back to L1 in season 14/15.
A better position than we are now in.
Very positive. Well done, however ............................
http://www.coventrytelegraph.net/co...out-of-coventry-city-takeover-92746-29312287/
I think this hints as to why it would be a bad idea for anyone to reveal who is interested in buying CCFC.
The fact that there are interested parties involved is nothing but good news at present. Right now, we don't need to know. The only potential buyers of the club who have revealed their intentions at this stage have turned out to be self-publicists and frauds. I'm happy to be in the dark about this to be honest. I can also see why board members of the Trust would have access to the information. Let's just unite and plough on, eh?
Won't the 10pt deduction not be taken off us this year though ?
I thought the rules were there to stop any club gaining an advantage regarding the timing of an administration.
Ahhh...The Trinity Media Group, it wouldn't be biased at all!! What about the conflict of interest with one of the company's directors?
<a href="http://www.coventrytelegraph.net/coventry-city-fc/coventry-city-fc-news/2011/08/26/revealed-reason-why-gary-hoffman-s-investors-backed-out-of-coventry-city-takeover-92746-29312287/" target="_blank" rel="nofollow">http://www.coventrytelegraph.net/coventry-city-fc/coventry-city-fc-news/2011/08/26/revealed-reason-why-gary-hoffman-s-investors-backed-out-of-coventry-city-takeover-92746-29312287/</a></p>
<p> </p>
<p>I think this hints as to why it would be a bad idea for anyone to reveal who is interested in buying CCFC.</p>
<p> </p>
<p>The fact that there are interested parties involved is nothing but good news at present. Right now, we don't need to know. The only potential buyers of the club who have revealed their intentions at this stage have turned out to be self-publicists and frauds. I'm happy to be in the dark about this to be honest. I can also see why board members of the Trust would have access to the information. Let's just unite and plough on, eh?
It's just a point that a partial reason for the last takeover not going ahead was that Delieu unprofessionally named the guy heading it up live on local radio. People have a right to confidentiality in the early stages.
Just who are you saying is lying? Be careful who you accuse, because you could lay yourself (and Nick as owner of the site) to a libel charge.I'm not saying they are, others are.
Effectively, I'm saying that these other people are lying and that they are full of there own importance.
Not if we enter administration after 28/03. We would be playing by their rules. We would also have enhanced Championship income for a season.
Simple Example : CCFC = £10M + Ricoh = £30M ......... Total to pay £40M
You now own one club with stadium
Wrong it will in that scenario be this season.
Just who are you saying is lying? Be careful who you accuse, because you could lay yourself (and Nick as owner of the site) to a libel charge.
Am I reading this correctly? Is one of those 'in the know' with the Trust threatening a forum poster and site owner with libel action?
Ok, so the last time I posted I got shot down in seconds only to be proved I weren't bullshitting!!!!
So take of this what u will....
There are in fact 3 potential investors interested in the club, part or the main reason, should I say, ACL filed for admin. There not to fussed about the 1.3 mill as they were happy to take spread payments over a number of yrs, as we all know!!
Now, add this to the fact that council will never authorise the sale to sisu, sisu openly proving that investment isn't there main priority.
Im hearing that ACL purely did it as @ this moment in time there are 3 potential buyers interested. I don't know who. But they see it as an opportunity for both parties...
Ps I'm not part off the trust.
I also presumed ACL chose this moment as a solid investor was interested.
I think they would have done this move 2 months ago if they had an investor there.
Someone pointed out the complete change in attitude from ACL in recent times and put it down to an investor in the wings.
I think they are right
Christ almightyJust who are you saying is lying? Be careful who you accuse, because you could lay yourself (and Nick as owner of the site) to a libel charge.
Ok, so the last time I posted I got shot down in seconds only to be proved I weren't bullshitting!!!!
So take of this what u will....
There are in fact 3 potential investors interested in the club, part or the main reason, should I say, ACL filed for admin. There not to fussed about the 1.3 mill as they were happy to take spread payments over a number of yrs, as we all know!!
Now, add this to the fact that council will never authorise the sale to sisu, sisu openly proving that investment isn't there main priority.
Im hearing that ACL purely did it as @ this moment in time there are 3 potential buyers interested. I don't know who. But they see it as an opportunity for both parties...
Ps I'm not part off the trust.
Just who are you saying is lying? Be careful who you accuse, because you could lay yourself (and Nick as owner of the site) to a libel charge.
I also presumed ACL chose this moment as a solid investor was interested.
I think they would have done this move 2 months ago if they had an investor there.
Someone pointed out the complete change in attitude from ACL in recent times and put it down to an investor in the wings.
I think they are right
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