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Stadium update (22 Viewers)

  • Thread starter Tommo1993
  • Start date Today at 9:01 AM
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HuckerbyDublinWhelan

Well-Known Member
  • Today at 9:27 AM
  • #141
Anyone else feel Doug is priming to sell us? All of a sudden we’re an attractive proposition for investors.
 
Reactions: KAB, Deity and Ccfcisparks

Sky Blue Goblin

Well-Known Member
  • Today at 9:28 AM
  • #142
Telegraph reporting it includes all of it. Mentioning the money we’ll make on the hotel
 

MacReady

Well-Known Member
  • Today at 9:28 AM
  • #143
Now we can shut the doors on the council.
 
Reactions: Captain Dart, robbiethemole and Sky Blue Goblin
T

Trueskyblue20

Well-Known Member
  • Today at 9:28 AM
  • #144
Ccfcisparks said:
I for one can't wait to hear @GIMOC reaction
Click to expand...

“Yeah it’s great he bought the stadium and all that but there’s massive rift behind the scenes. Doug has been shagging the players wives and Haji is homesick and wants to move to Skegness “
 
Reactions: TTG, Skyblueweeman, PVA and 5 others

You'll Never Beat McPake

Well-Known Member
  • Today at 9:28 AM
  • #145
This is bit of a "Dallas, Bobby in the shower moment". Did the last 20 years really happen. Did we almost go out of existence only to be saved by SISU. Did we really end up playing home games at Northampton, Birmingham and Burton. Did we endure all of this with no real hope of an end to the pain and distress of being homeless.
So today, 20 years on we play QPR again so I predict a 3 - nil win with a diving header to start things off.
Thank you Doug King and your team. Thank you for saving our club, thank you for bringing back the hope. This is a massive day in the history of the City of Coventy and CCFC.
 
Reactions: bigfatronssba

Ccfcisparks

Well-Known Member
  • Today at 9:28 AM
  • #146
HuckerbyDublinWhelan said:
Anyone else feel Doug is priming to sell us? All of a sudden we’re an attractive proposition for investors.
Click to expand...
Yep smells what its like to me. He's more than entitled to now, fair play to him.
 
Reactions: Adge, KAB and HuckerbyDublinWhelan

Kubrick

Well-Known Member
  • Today at 9:28 AM
  • #147
 

stay_up_skyblues

Well-Known Member
  • Today at 9:29 AM
  • #148
Only drawback is Ashley insisted Doug purchased it through Frasers Plus. 29.9% apr but we do have 36 months to pay.
 
Reactions: Skyblueweeman, Stupid Sexy Flanders, Sky_Blue_Dreamer and 12 others

covcity4life

Well-Known Member
  • Today at 9:29 AM
  • #149
Wow I'm genuinely in shock. Still part of me things some sort of practical joke

This is just huge. It doesn't mean we will become a champions league club or anything but it feels like a massive weight holding us down has been taken away

The sky is the actual limit now for us sky blues! Let's go smash QPR

Thank you to

Mark robins and Doug king in particular. Although don't wanna make it about sisu you do wonder if this could ever shave happened without them making councils life hard too.

Everything happens for a reason I guess

PUSB!
 
Reactions: Skyblueweeman, KAB and ajsccfc
M

Martw

Well-Known Member
  • Today at 9:29 AM
  • #150
This will presumably have cost several tens and tens of millions of pounds. I wonder how it has been financed? Also he might want to open up bidding for a new main sponsor as well when it’s next due for renewal I reckon but it is simply amazing news
 

ccfc1234

Well-Known Member
  • Today at 9:29 AM
  • #151
Amazing news. I wonder if Doug has given Mike Ashley or Frazers some equity in the club to help facilitate the deal? Being pragmatic having the assets combined makes us a far more saleable entity in the long run and all parties will know that.

Either way excellent for the club and fans.
 

Evo1883

Well-Known Member
  • Today at 9:30 AM
  • #152
Ashley fair play has just flipped the stadium i imagine for a tidy profit and we finally get our football club back .

It closes the door on whats been a miserable period at ownership / board level .

Doug King , the supporters Knight in shining armour all along
 
Reactions: Skyblueweeman, KAB, covcity4life and 1 other person
D

Dhinsa's_Millions

Well-Known Member
  • Today at 9:30 AM
  • #153
 

SeaSeeEffCee

Well-Known Member
  • Today at 9:31 AM
  • #154
Finally earned the song I think

I think it’s good be skeptical of new owners coming in and don’t really regret it in regards to King but he’s certainly earned the trust now. What a day for the club and for our future 🩵
 
Reactions: DazzleTommyDazzle, ajsccfc, Evo1883 and 1 other person
O

oneofourown

Well-Known Member
  • Today at 9:31 AM
  • #155
I think it was a scenerio that Ashley and fraser can't do anything with the stadium without owning the club and after Newcastle possibly doesn't have the ambition for another club ownership. Likewise, if Doug wants to grow the club and then at some point sell it he has to own the ground too. They must have worked on a business plan where both will make some dosh when we reach the promised land and if/when we sell.
 
Reactions: ccfc1234

RoysterE17

Well-Known Member
  • Today at 9:31 AM
  • #156
We finally have a home that is ours!!!
 

Sbarcher

Well-Known Member
  • Today at 9:32 AM
  • #157
WOW just WOW!!!!!!
 
Reactions: KAB
W

Woodster

Well-Known Member
  • Today at 9:32 AM
  • #158
Good job they sacked the kitman, if this had gotten leaked then Sheffield United or Ipswich might’ve beat us to it.
 
Reactions: Skyblueweeman, larry_david, Adge and 9 others

tisza

Well-Known Member
  • Today at 9:33 AM
  • #159
Martw said:
This will presumably have cost several tens and tens of millions of pounds. I wonder how it has been financed? Also he might want to open up bidding for a new main sponsor as well when it’s next due for renewal I reckon but it is simply amazing news
Click to expand...
Doubt it's that bad. King did offer 25 million before it was flogged to Ashley for 17m. Plus it has been running at a loss under Fraser.
 
Reactions: KAB

Ccfcisparks

Well-Known Member
  • Today at 9:33 AM
  • #160
"Wise men say, Only fool love Bling
But I can't help, falling in love with you"

Get that on repeat this afternoon.
 
Reactions: KAB
P

ptr

Well-Known Member
  • Today at 9:33 AM
  • #161
oneofourown said:
I think it was a scenerio that Ashley and fraser can't do anything with the stadium without owning the club and after Newcastle possibly doesn't have the ambition for another club ownership. Likewise, if Doug wants to grow the club and then at some point sell it he has to own the ground too. They must have worked on a business plan where both will make some dosh when we reach the promised land and if/when we sell.
Click to expand...
Or more than likely that Ashley has done exactly what he wanted. Held on to the stadium until we had the funds and made a decent profit with a quick turnaround. He isn’t stupid.
 
Reactions: LDJ1984 and KAB
D

Deity

Well-Known Member
  • Today at 9:33 AM
  • #162
Ccfcisparks said:
I for one can't wait to hear @GIMOC reaction
Click to expand...
You and @shmmeee are Kings biggest critics with @Saddlebrains not far behind ….
 
Reactions: covcity4life

shmmeee

Well-Known Member
  • Today at 9:33 AM
  • #163
MacReady said:
Now we can shut the doors on the council.
Click to expand...

They haven’t moved out of Coventry.
 

Evo1883

Well-Known Member
  • Today at 9:34 AM
  • #164
Ccfcisparks said:
"Wise men say, Only fool love Bling
But I can't help, falling in love with you"

Get that on repeat this afternoon.
Click to expand...

We cant give sunderland more ammunition
 

hill83

Well-Known Member
  • Today at 9:34 AM
  • #165
Can’t believe it.
 
Reactions: KAB and Evo1883

Ccfcisparks

Well-Known Member
  • Today at 9:34 AM
  • #166
Deity said:
You and @shmmeee are Kings biggest critics with @Saddlebrains not far behind ….
Click to expand...
Utter nonsense.
 

biggymania

Well-Known Member
  • Today at 9:34 AM
  • #167
I’d expect this cost somewhere around 25-30mil but total guess.

Frasers bought it for 18mil including transaction costs.

I guess we’ll find out when the respective accounts are published.
 
Reactions: KAB
J

jto123

Well-Known Member
  • Today at 9:34 AM
  • #168
Honestly bouncing at this news! Almost in tears!
 

Bassette Deck

Well-Known Member
  • Today at 9:34 AM
  • #169
shmmeee said:
They haven’t moved out of Coventry.
Click to expand...

We're gonna be like London now, you've got Coventry and then the City of Coventry out in CV6.
 
Reactions: Noble and shmmeee

Liquid Gold

Well-Known Member
  • Today at 9:34 AM
  • #170
Deity said:
Incredible news

although no doubt the bedwetters will find fault …
Click to expand...
Some of the best news in the club’s history. Perfect time for forum point scoring.

Melt.
 
Reactions: Bova, Skyblueweeman, Sky Blue Goblin and 1 other person

shmmeee

Well-Known Member
  • Today at 9:34 AM
  • #171
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.
 
Reactions: Stupid Sexy Flanders, Captain Dart, SHUNT31 and 7 others

Grendel

Well-Known Member
  • Today at 9:35 AM
  • #172
shmmeee said:
They haven’t moved out of Coventry.
Click to expand...

You sound ecstatic as ever
 
Reactions: KAB and covcity4life

covcity4life

Well-Known Member
  • Today at 9:35 AM
  • #173
If king doesn't take us up some foreign investor might now. For once @hill83 can actually do his CL in 3 years prediction!
 
Reactions: Stupid Sexy Flanders and hill83
S

SwanLane

Well-Known Member
  • Today at 9:35 AM
  • #174
Still pinching myself
 
Reactions: KAB

hill83

Well-Known Member
  • Today at 9:36 AM
  • #175
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...

Have a day off
 
Reactions: Bova, mmttww, Skyblueweeman and 15 others
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