still nothing...

Discussion in 'Coventry City General Chat' started by matesx, Apr 26, 2019.

  1. matesx

    matesx Well-Known Member

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    ... to report?

    Its like a big white elephant in the SBT room.
     
  2. fernandopartridge

    fernandopartridge Well-Known Member

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    No reports is better than a PR war imo. The last update was that they were in discussion, I imagine that's still ongoing.
     
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  3. olderskyblue

    olderskyblue Well-Known Member

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    Meetings over, and the deed is done. They're just building the tension like game of thrones... :emoji_laughing::emoji_laughing:
     
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  4. SkyBlueDom26

    SkyBlueDom26 Well-Known Member

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    It will all be okay! Ricoh next season just give them chance
     
  5. ccfcway

    ccfcway Well-Known Member

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    fully expect them to announce that SISU and Wasps have signed what the are dubbing a "Brexit rental agreement"

    in short, that will mean a 1 year extension and the problem is pushed away for 10 months or so
     
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  6. oscillatewildly

    oscillatewildly Well-Known Member

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    Don't! No spoiler please. Never seen a single episode but I've got a box set awaiting viewing.
    Never seen Game Of Thrones either.
     
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  7. chiefdave

    chiefdave Well-Known Member

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    There can only be two outcomes and one of them is no deal so the fact they're still talking is a positive.
     
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  8. slyblue57

    slyblue57 Active Member

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    Well im a no deal kind of guy with brexit, same with the Ricoh, let London Wasps go bust.
    pusb
     
  9. ccfc92

    ccfc92 Well-Known Member

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    But to be fair, a move away from Coventry could disrupt any momentum and financial stability we have gained over the last two seasons.
     
  10. slyblue57

    slyblue57 Active Member

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    I think the drop in crowds if we moved to Birmingham for a year would be covered by any sales we would get from Wilsons sell on.
    London Wasps will not do well without our income for a year, they ll never get a stdium sponser with out a football team there.
    pusb
     
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  11. fernandopartridge

    fernandopartridge Well-Known Member

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    They haven't managed to get one in 4.5 years despite the football team playing there mind you
     
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  12. Ashdown

    Ashdown Well-Known Member

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    No thanks !
     
  13. ajsccfc

    ajsccfc Well-Known Member

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    Assuming this is a placeholder they had in place before the recent news of talks, but...





    Or not!

     
  14. ccfc92

    ccfc92 Well-Known Member

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    I agree ref Wasps, they need us.

    It would be a shame to use the money from Wilson's sale to cover overheads, rather than to push for promotion though. But a Ricoh deal that benefits CCFC is also just as important.
     
  15. SkyBlueDom26

    SkyBlueDom26 Well-Known Member

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  16. Timperley

    Timperley Well-Known Member

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    Hopefully be confirming it on Sunday at the Ricoh and STs will be on sale after the game.
     
  17. lifelongcityfan

    lifelongcityfan Active Member

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    sounds like it will be a short term agreement if its Boddy handling it.In my opinion if it was anything longer then sisu would be involved.
    Hopefully it will be a longer deal...but good to be back at the Ricoh either way
     
  18. oldskyblue58

    oldskyblue58 CCFC Finance Director

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    The Wilson money should be an extra not something to simply keep the business going. What happens if it isn't one year exile its 2 or 3? What happens if Wilson isnt sold or picks up another serious injury? Last time when we went to Northampton CCFC made over £7m in losses in one year with SISU apparently expecting to fund £21m according to Fisher. Thats straight losses and increased debt with nothing additional asset wise at the end of it just survival.

    As for wasps, it isn't about the lost turnover it is about the lost profit they make on dealing with CCFC. That is nothing like as big as the figures bandied around. It also assumes there is no element of replacement. Yes they lose turnover but they save costs. Yes they have lost some major players but with it some major costs. They have also just made a handsome profit from the CVC deal. The sponsorship would be good for them but it doesn't mean they have none at the moment. One year is not going to make them go bust.

    Suits both clubs to get a deal done even if just for the short term

    edit
    also on the sponsorship. I know the original Ricoh deal has ended but do Ricoh pay an element at a lower rate now? What has also gone on is spreading the sponsorship around the stadium with various sponsors not just one - spreads risk. I know everyone (possibly including wasps) expects a multi million pound deal but the sponsorship market is depressed and values generally down. Big deals are a rarity and linked to a specific reason quite often, this would be for a stadium that 15 years old with a tainted history - not convinced the market is that good
     
    Last edited: Apr 26, 2019
  19. SkyBlueCRJ

    SkyBlueCRJ Well-Known Member

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    Whilst I do believe he will be sold (my prediction is to Everton), the reliance on Wilson's sell-on clause to keep the club in business is short-terminism at its finest.

    Relying on any revenue earned from any sell-on clause to keep the club afloat is like relying on a life boat with holes in when stranded in the middle of the ocean.
     
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  20. oldskyblue58

    oldskyblue58 CCFC Finance Director

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    I do not think Boddy has the authority to sign any deal without SISU's say so. He is also not a director of Otium. Given the legal wranglings that have gone on for 5 years you would expect wasps to insist on contractual assurances from SISU themselves and their agreement of any of the terms

    Personally i wouldn't want it to be a one year deal because we would be back doing this all again by the end of this year. It would be good for all concerned to have 2 or 3 seasons without this uncertainty. You would think SISU would want a five year deal, possibly with break clauses if necessary, to tie in with what they said in their statement. The basic clauses like length and breaks should not be troublesome for any property lawyer, what gets more tricky to agree between the parties will be access to incomes and attributable costs and their value
     
    Last edited: Apr 26, 2019
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  21. robbiethemole

    robbiethemole Well-Known Member

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    and we want our badges in tne stadium the same size as Wasps, get the priorities right
     
  22. SkyblueBri

    SkyblueBri Active Member

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    what the hell is going on, can not buy my season ticket and seasons just about over. Without our season ticket money how is Robins going to buy players?
     
  23. Speedies_Chips

    Speedies_Chips Well-Known Member

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    Do you really not know why season tickets aren't on sale yet?
     
  24. richnrg

    richnrg Well-Known Member

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    I'd be surprised if Wilson left Bournemouth in the near future. I appreciate that 'he would say that wouldn't he', but all the noises in local press etc indicate that he is happy to stay.
     
  25. SkyblueBri

    SkyblueBri Active Member

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    Yep! But all our talk of who we want to stay/go or buy is totally irrelevant until a ground decision is made and season ticket money comes in. Meanwhile time passes and holidays approaches which gives people other reasons to spend their money
     
  26. matesx

    matesx Well-Known Member

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    The Wilson % could (hopefully) be all SISU are waiting for before selling up.

    Or I'm deluded.
     
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  27. skybluegod

    skybluegod Well-Known Member

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    Wishful thinking I would think? Not that i am overly supportive of the Hoffman consortium, but didn't one of there offers include Sisu keeping Ryton and any future sell on fees of players e.g. Wilson. Plus the 7-10 Million in cash... Doubt it's the Wilson money they care about
     
    Last edited: May 1, 2019
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  28. Hobo

    Hobo Well-Known Member

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    Well a short term agreement might resolve the immediate future quickly and can be a stepping stone to a long term agreement.
     
  29. MusicDating

    MusicDating Euro 2016 Prediction League Champion!!

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    Didn't the council say that 2 mins before they sold to Wasps?...
     
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  30. Hobo

    Hobo Well-Known Member

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    Council aren't involved in current negotiations.
     
  31. cc84cov

    cc84cov Well-Known Member

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    Hoping we have the Ricoh deal sorted this week so we can start preparations for next season.
     
  32. ccfcway

    ccfcway Well-Known Member

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    the longer I goes on, the more I think the announcement was to appease any protests or noise before the last home game of the season.

    Might have missed it, but have wasps said they are in talks with us ?
     
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  33. clint van damme

    clint van damme Well-Known Member

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    Has crossed my mind but if 5hey thought that was enough to appease people why did they deploy all them police outside for the last game?
     
  34. vow

    vow Well-Known Member

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    Coz of the Salop Massive firm m8.
     
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  35. Tommo1993

    Tommo1993 Active Member

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    Beginning to get quite twitchy and impatient...
     

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