So we have finance until the summer what then? (1 Viewer)

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Steddy Eddy

New Member

• May 15, 2011

• #1

Hello all great forum and good banter to be had here, can anyone please answer the follwoing?

SISU advised they pumped in additional money to keep Coventry City FC afloat until the summer.

So what happens when this money runs out?

 

Coventry La La La

New Member

• May 15, 2011

• #2

Hey Eddy, I'm sure Sisu are trying to find investment so the money doesn't run out but if it does then only one things going to happen is administration.

 

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Regis87

Active Member

• May 15, 2011

• #3

I thought they had the finance till end of season (i.e now) ! Have they got money for wages next week ? My firm is struggling to get payment for a building maintenance bill of under £500 ! Only 3 months overdue

 

Last edited: May 15, 2011

rob9872

Well-Known Member

• May 15, 2011

• #4

We'll be fine - have faith

 

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egastap

New Member

• May 15, 2011

• #5

Just a dumb question, but when it is quoted that so-and-so is on x,000 pounds per week, is that for the playing season of 40 weeks or is it 52 weeks a year? Anyone know?

 

TheRoyalScam

Well-Known Member

• May 15, 2011

• #6

Normally for 52 weeks, salaried and paid monthly with bonuses and appearance money.

 

MatthewWallis

Well-Known Member

• May 15, 2011

• #7

egastap said:

Just a dumb question, but when it is quoted that so-and-so is on x,000 pounds per week, is that for the playing season of 40 weeks or is it 52 weeks a year? Anyone know?

Click to expand...

It's 52 weeks

 

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egastap

New Member

• May 15, 2011

• #8

Thanks guys. That would make the wage bill during the off-season pretty high with no income then?

 

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derbyskyblue

Well-Known Member

• May 16, 2011

• #9

Thats when season ticket money kicks in. In effect robbing peter to pay paul. I feel sure something will happen in the next month. Either takeover or admin, going on what sisu have put in.