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Stadium update (5 Viewers)

  • Thread starter Tommo1993
  • Start date Aug 23, 2025
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Earlsdon_Skyblue1

Well-Known Member
  • Aug 23, 2025
  • #316
I can't believe it. Something I never thought would happen. Surely Doug has to go down as one of our best ever owners. It is quite surreal right now.

Does anyone know if he's ever purchased or run a train station before? Just kidding...

You heard the man. Every pint we purchase goes straight into the club. Get drinking!
 
Reactions: hill83, You'll Never Beat McPake, Earlsdon-Loyal-Blue and 4 others

Sick Boy

Super Moderator
  • Aug 23, 2025
  • #317
HuckerbyDublinWhelan said:
I’m convinced the moves to sell the club began when that woman from PSG came in. This was the final piece of the puzzle.

Doug will net close to 100m if not over with this transaction
Click to expand...
I imagine he'll hold out until the end of the 5 year plan (I think this is the 3rd year), as he'll stand to make a lot more if we go up.
 

Gynnsthetonic

Well-Known Member
  • Aug 23, 2025
  • #318
StrettoBoy said:
Doug King stand!

Click to expand...
I'd take that
 
Reactions: StrettoBoy

SHUNT31

Well-Known Member
  • Aug 23, 2025
  • #319
shmmeee said:
Unless it’s to sell the club I don’t see the point here. Costs loads to maintain and makes no money, that’s why it’s been a hot potato from day one.
Click to expand...
You’re proper on one this week.

Convinced you’re a parody account
 
Reactions: covcity4life

Nick

Administrator
  • Aug 23, 2025
  • #320
Wonder how much they could sell naming rights for stands as well?
 
H

HuckerbyDublinWhelan

Well-Known Member
  • Aug 23, 2025
  • #321
Sick Boy said:
I imagine he'll hold out until the end of the 5 year plan (I think this is the 3rd year), as he'll stand to make a lot more if we go up.
Click to expand...
There is that. At least we don’t need to worry about the rent agreement expiring in the worst case scenario
 
Reactions: Sick Boy

Ccfcisparks

Well-Known Member
  • Aug 23, 2025
  • #322
It's the increase in box prices thats paid for this.
 

Mucca Mad Boys

Well-Known Member
  • Aug 23, 2025
  • #323
Sky Blue Goblin said:
And so dies the 40,000 butts park arena
Click to expand...
I knew this was public posturing but never thought we were seriously in a position to buy the stadium!
 
Reactions: Sky Blue Pete and Sky Blue Goblin

Nick

Administrator
  • Aug 23, 2025
  • #324
Wonder if he will plan to open the halls for fan zones every week? If the club gets the money then the more beer and food the better?
 
Reactions: hill83, MTK, covcity4life and 2 others
D

djr8369

Well-Known Member
  • Aug 23, 2025
  • #325
Wonder if King will look to get the complex making a profit or possibly offer components out on a lease or separate entities? Will it be held under a separate company so any losses aren’t a drag on the club?

best case scenario is he gets it making money. A great day regardless
 
Reactions: Sky Blue Pete

David O'Day

Well-Known Member
  • Aug 23, 2025
  • #326
Nick said:
I guess it just means the staff will now transfer over? Don't know how it worked before if they worked for frasers.
Click to expand...
It'll be TUPE law protected so the general staff can transfer over to the new owners on the same wages and terms
 
Reactions: Speedie's Head

NortonSkyBlue

Well-Known Member
  • Aug 23, 2025
  • #327
This is our city…this is Coventry City…this is our home…we are truly back home
 
Reactions: Otis, Sky Blue Pete, covcity4life and 1 other person
S

Speedie's Head

Well-Known Member
  • Aug 23, 2025
  • #328
rob9872 said:
George & John stand, Jimmy Hill Stand, Mark Robins Stand ... and leave room for Frank
Click to expand...
Not with the Big Cyrille stand!

Frasers must have cut their losses. The club should be able to attract more investment now.
 

BackRoomRummermill

Well-Known Member
  • Aug 23, 2025
  • #329
Would love to able to buy shares in the club now - imagine they did that and we were promoted
 
Reactions: Sky Blue Pete

Gint11

Well-Known Member
  • Aug 23, 2025
  • #330
Buzzing. I’d love to know the details in the purchase though. Just thinking out loud

Is the stadium ownership under Doug or the football club or both?
How much did we pay?
How does he plan to service the debt of paying
Is his next step is to sell
What about maintenance? Didn’t we see the CBS costs about millions a year to keep maintained?

Don’t get me wrong, I’m buzzing but I’d love to know but maybe we’ll never know this.
 

CovInEssex

Well-Known Member
  • Aug 23, 2025
  • #331
HuckerbyDublinWhelan said:
I’m convinced the moves to sell the club began when that woman from PSG came in. This was the final piece of the puzzle.

Doug will net close to 100m if not over with this transaction
Click to expand...

Also crossed my mind, he's joined the club and the ground under one, making a tasty little sell-able package
 

Nick

Administrator
  • Aug 23, 2025
  • #332
Gint11 said:
Buzzing. I’d love to know the details in the purchase though. Just thinking out loud

Is the stadium ownership under Doug or the football club or both?
How much did we pay?
How does he plan to service the debt of paying
Is his next step is to sell
What about maintenance? Didn’t we see the CBS costs about millions a year to keep maintained?

Don’t get me wrong, I’m buzzing but I’d love to know but maybe we’ll never know this.
Click to expand...
 

Irish Sky Blue

Well-Known Member
  • Aug 23, 2025
  • #333
rob9872 said:
George & John stand, Jimmy Hill Stand, Mark Robins Stand ... and leave room for Frank
Click to expand...
One of the stands would have to be the Tommy Hutchison Stand.
It will be great to see the whole stadium branded with Coventry City stuff in the way that other clubs have done, both inside and outside. Much improved over the last couple of years but can be made into even more ‘ours’
 
Reactions: DazzleTommyDazzle

Gynnsthetonic

Well-Known Member
  • Aug 23, 2025
  • #334
Shmmeee eating his breakfast this morning after finding out the news
 
Reactions: Skyblueweeman, Senior Vick from Alicante, Sky Blue Pete and 6 others
E

Earlsdon-Loyal-Blue

Well-Known Member
  • Aug 23, 2025
  • #335
eastwoodsdustman said:
Biggest signing of the window!!
Click to expand...

Maybe this explains why we haven’t been more active in the transfer window. If so, fair bloody play. Securing our long term future and no more groundshares or being kicked out of our own ground, is far more important than another centre forward.

The atmosphere will be unbelievable today. A historic day.
 
Reactions: HadjiChippo, Sky Blue Pete and Sky Blue Goblin

Mucca Mad Boys

Well-Known Member
  • Aug 23, 2025
  • #336
clint van damme said:
Whole I don't disagree with this, it's still a far preferable position to wondering where we goi g to be playing every few years and having the spector of playing outside the city looming over us again.

Nor everyone will agree, but if the cost of the maintenance and plugging financial gaps is decreasing the playing budget or selling a player I'll take it any day of the week to have our own ground.
Click to expand...
In fairness, these are only ‘poor club’ problems you’ll see at the bottom of the championship, L1 and L2… which we all got to experience!

In the Prem, it’s a different ball game so hopefully we get to the Prem and establish ourselves sooner rather than later.
 
Reactions: clint van damme and Sky Blue Goblin

Winny the Bish

Well-Known Member
  • Aug 23, 2025
  • #337
An obligatory fuck you to Kevin Maton. Choke on your wasps scarf dickhead.
 
Reactions: WestEndAgro, hill83, Skyblueweeman and 12 others

Manchester_sky_blue

Well-Known Member
  • Aug 23, 2025
  • #338
Gint11 said:
Buzzing. I’d love to know the details in the purchase though. Just thinking out loud

Is the stadium ownership under Doug or the football club or both?
How much did we pay?
How does he plan to service the debt of paying
Is his next step is to sell
What about maintenance? Didn’t we see the CBS costs about millions a year to keep maintained?

Don’t get me wrong, I’m buzzing but I’d love to know but maybe we’ll never know this.
Click to expand...
It says in the statement. CovCityCo have bought the stadium which is the same vehicle that owns the club, of which Doug King is the sole share holder so far as we know.
 

Warwickhunt

Well-Known Member
  • Aug 23, 2025
  • #339
Seats will be rearranged from Monday! and i do like the "Fuck You Anne Lucas" stand, think one of the boxes should be named Council Underhand Nausiating Tossers Seats
 
S

StrettoBoy

Well-Known Member
  • Aug 23, 2025
  • #340
SeshMouseSkyBlue said:
Better or worse than the defender or striker we need???
Click to expand...

A thousand times better!

 

Saddlebrains

Well-Known Member
  • Aug 23, 2025
  • #341
higgs said:
Hand job for sir Douglas saddle?

Sent from my SM-A528B using Tapatalk
Click to expand...


Blow
 
Reactions: hill83, Martw, Gynnsthetonic and 6 others

rob9872

Well-Known Member
  • Aug 23, 2025
  • #342
Thought this would be headlines on Sky Sports, just opened the home page and not a mention. So PL focused. Ah well fek em.

Dodgy stick ole ole
 

Tommo1993

Well-Known Member
  • Aug 23, 2025
  • #343
And Wasps are dying on Sunday league pitches
 
Reactions: robbiethemole

Sky Blue Harry H

Well-Known Member
  • Aug 23, 2025
  • #344
Haven't read through the thread, but massively improves our chance of selling the club to people with deeper pockets, or securing investors. Also allows us to increase income streams, and allows us to spend more/compete financially. That in itself makes it a massive turning point in achieving our potential. Great day in the club's history. Well done DK.
 

tisza

Well-Known Member
  • Aug 23, 2025
  • #345
Nick said:
And anybody in the sky blue trust applauding the wasps bloke.
Click to expand...
And my personal "favourite" that smug F PWKH.
 
Reactions: hill83, Skyblueweeman and covcity4life

skybluecam

Well-Known Member
  • Aug 23, 2025
  • #346
King haters absolutely mogged
 
Reactions: HadjiChippo and rockwoodfleet

Ccfcisparks

Well-Known Member
  • Aug 23, 2025
  • #347
rob9872 said:
Thought this would be headlines on Sky Sports, just opened the home page and not a mention. So PL focused. Ah well fek em.

Dodgy stick ole ole
Click to expand...
To be fair we were on the yellow ticker on sky sports news
 
Reactions: Martw and rob9872

junglej13

Well-Known Member
  • Aug 23, 2025
  • #348
Hyam sold to pay for the pitch. Binks sold to buy the ground.

Hope Doug has the Frasers lettering in the stand replaced with his own name like Chansiri at Sheffield Weds.
 
Reactions: HadjiChippo, Cv3cov, Sky_Blue_Dreamer and 2 others

Ccfcisparks

Well-Known Member
  • Aug 23, 2025
  • #349
skybluecam said:
King haters absolutely mogged
Click to expand...
17 year old virgin confirmed
 
Reactions: SkyBlueDom26

Robccfc87

Well-Known Member
  • Aug 23, 2025
  • #350
Ccfcisparks said:
OK Bling. Fine. You've won me over ffs.
Click to expand...
I’m here for this!
 
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