The club needs to hold the freehold. (3 Viewers)

[Astute]

PWKH has explained many times on here that they are totally, totally, totally different entities.

I hear what you and Torch say. And I agree.

So how come both Higg's sections can be dealt with separately as they are different but ACL/CCC are even more different and separate but Timothy won't deal with them as they are the same?

 

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[mrtrench]

Haven't seen a single reason yet. Come on, all you people who want ACL/CCC to sell - explain WHY. RFC? Moderator Rich?

If there are no benefits for the club, then it invalidates everything that SISU is doing in Northampton doesn't it? Even if we don't like their means, the end is also of no value.

 

[mrtrench]

I think thats a question all fans want understand.

However to claim that the council and ACL care about Coventry is simply not true..... They only care about the club when they can pay a rent which covers the mortgage on the building.

CCC doesn't care about Coventry? You find me a single member of the council who is prepared to say they don't care about Coventry and I will show you a politician about to lose his seat.

 

[Astute]

Haven't seen a single reason yet. Come on, all you people who want ACL/CCC to sell - explain WHY. RFC? Moderator Rich?

If there are no benefits for the club, then it invalidates everything that SISU is doing in Northampton doesn't it? Even if we don't like their means, the end is also of no value.

Just the usual for on here lately. Most of the council haters go very quiet on threads where they can't make up excuses up for SISUE.

 

[Cityfan1]

Just the usual for on here lately. Most of the council haters go very quiet on threads where they can't make up excuses up for SISUE.

I have not posted for a good while, due to the fact that most threads turn into the same inane slanging match, between those who want to put across a measured or balanced view of our plight, and those who's hatred for Sisu, makes anyone who wants to apportion a relevant percentage of the blame elsewhere to be deemed a Sisu apologist.
I believe Sisu are the major cause of the predicament our great club now finds itself in, but to say that no blame is attached to Coventry City Council and that they have supported the club is laughable.

 

[Godiva]

So if ACL paid off the mortgage completely and still wanted us back your opinion would change? How about if ACL were doing well enough to let the club play there rent free (so long as profit was above a certain level) and there was reduced matchday costs as well you'd have a problem with us being at the Ricoh if ACL was still there?

I think ACL should be owned by SBS&L - or liquidated and replaced by another stadium management company. That's the only way the club will benefit from all activities at the stadium.

 

[sky blue john]

I have not posted for a good while, due to the fact that most threads turn into the same inane slanging match, between those who want to put across a measured or balanced view of our plight, and those who's hatred for Sisu, makes anyone who wants to apportion a relevant percentage of the blame elsewhere to be deemed a Sisu apologist.
I believe Sisu are the major cause of the predicament our great club now finds itself in, but to say that no blame is attached to Coventry City
Council and that they have supported the club is laughable.

Most i believe have apportioned some blame to the counsel and my biggest gripe is that they approved Sisu in the first place.

 

[Deleted member 5849]

Would be interested in why people believe this to be true. I cannot think of a single reason why freehold ownership would be necessary

The pragmatic reason would be relations between the two parties have broken down so much, the freehold ownership minimises the need for the two parties to deal with one another.

Not so sure it does sufficiently above and beyond a 125 year lease, say... and I don't particularly want the freehold sold as it seems a decent check on what happens to a ground regardless of current circumstances... but you did ask for reasons

 

[sky blue john]

I think ACL should be owned by SBS&L - or
liquidated and replaced by another stadium management company. That's the only way the club will benefit from all activities at the stadium.

And in the real world ????

 

[Hobo]

And in the real world ????

Never mind holding onto the freehold....of late we need to hold onto the ball

 

[Cityfan1]

Most i believe have apportioned some blame to the counsel and my biggest gripe is that they approved Sisu in the first place.

I don't think they have, a lot still see the council as the saviour of the Stadium, coming in and bailing out the club when they got into difficulty, when in fact they saw an opportunity to take over a project that not only could become a good
money earner, but rejuvenated an area that was previously an eyesore to the City.
The fact that they also approved Sisu as the preferred bidder when they took over seems to me to show how concerned they were for the Football Club.

 

[dongonzalos]

I believe it is business at it's most savage. My view is that Joy says we won't negotiate, puts in a derisory offer, continues to distress ACL until they make her an offer or fold. She knows that the freehold isn't on the table, but the point she is effectively saying 'you ran us out of town, you cost us 10 points, I don't bargain, here's my offer, what you gonna do?!'. All Plan A - just my opinion btw.

I don't think it is through vindictiveness. I think she she sees it as the quickest way to earn the biggest money.

Yes agree Plan A since withholding the rent.

 

[lordsummerisle]

Most i believe have apportioned some blame to the counsel

I think it's always the lawyers fault.

 

[James Smith]

I think ACL should be owned by SBS&L - or liquidated and replaced by another stadium management company. That's the only way the club will benefit from all activities at the stadium.

I've said before that the club should own ACL, it's just Sisu (who walked away from negotiations with the higgs after starting the boycott) appear unwilling or unable to stump up anything like the amount needed to buy it.

 

[Godiva]

I've said before that the club should own ACL, it's just Sisu who walked away from negotiations with the higgs after starting the boycott, appear unwilling or unable to stump up anything like the amount needed to buy it.

There are a few variations of why it didn't happen - but I guess a more precise version will emerge from the JR hearing in a few months.

 

[Astute]

There are a few variations of why it didn't happen - but I guess a more precise version will emerge from the JR hearing in a few months.

Or when the court case comes up where Higg's are suing SISUE for money owed when they pulled out of the deal.

 

[Godiva]

Or when the court case comes up where Higg's are suing SISUE for money owed when they pulled out of the deal.

What case is that?

 

[sky blue john]

There are a few variations of why it didn't happen - but I guess a more precise version will emerge from the JR hearing in a
few months.

Why do Sisu constantly say they want this they want that but then put obstacles or change the goal posts so it is impossible to achieve ???

 

[Godiva]

Why do Sisu constantly say they want this they want that but then put obstacles or change the goal posts so it is impossible to achieve ???

Maybe the obstacles are put by other than sisu?

 

[shmmeee]

What case is that?

PWKH stated that Higgs are taking legal proceedings against Sisu for the lack of payment of HoT as agreed.

Was a post a few days ago.

 

[Godiva]

PWKH stated that Higgs are taking legal proceedings against Sisu for the lack of payment of HoT as agreed.

Was a post a few days ago.

Ah, right. I remember it vaguely. It's not uncommon to agree a sum for the abillity to do a due dilligence. Could be it.
But good luck geting that money if the terms were agreed with Limited and not sisu/Otium/SBS&L directly.