The Council or SISU? (1 Viewer)
- Thread starter rob9872
- Start date
philmcc
Member
chiefdave
Well-Known Member
Spot on Moff, doesn't matter who the owners are or the level of dislike for them to me CCFC always come ahead of the council.
You compare our council with the local council here in Portmouth. They are lining up a loan of around £3m to allow Pompey to buy Fratton Park, they've justified it with the claim that having a football club brings tens of millions into the local economy each year. The council need to realise that if they let this reach the conclusion it seems to be heading for, forcing SISU out and folding the club, it's not just SISU that will suffer. In fact it's likely SISU will just gloss over it and move over while fans and local companies that rely on CCFC will be left devastated.
SBS
Active Member
I reckon 75% of my posts on this forum have been about this shit. I can't wait for the day that everyone on here is discussing dodgy pens, offsides and tactics. I don't feel like a football fan anymore, just someone amongst others who's being forgotten about in this whole mess. SISU, the council, Richardson and Robinson are all to blame. I can't even be arsed to "choose sides", I'd rather it was sorted today - its gone on far too long and so I know I'm not throwing money at a lost cause. As a season ticket holder, this is the first time I've had serious doubts about renewing. Not because of the football, more the worry of not knowing if I'll see anything in return.
oldskyblue58
CCFC Finance Director
You know what there really shouldnt need to be a choice............... there is and always was a deal to be done if it was only about providing a financially viable CCFC with a fairly priced stadium to play in ......... greed ego and love of money has has got in the way and brought us to todays actions.
Sick Boy
Well-Known Member
What money do you believe they are stealing from the masses of income the club rakes in? Who is paying the player's wages (one of the highest wage budgets in the league), who is paying the bills and the running costs of the club?
Where is the money coming from that you claim is being stolen?
shropshirecov
New Member
Why would anyone be backing ACL/council over the club?
Diehard Si
New Member
ACL is the alcoholic mother, SISU the violent abusive father.
We are the kids.
Divorce is on the cards.
We are the kids.
Divorce is on the cards.
Bill Glazier
Active Member
Because ACL has bent over backwards to offer Sisu a better deal. Without ACL stepping in years ago the club wouldn't have a ground at all. Do you remember Jimmy Hill begging the council to step in when it was clear the club couldn't afford the new ground it had decided it must have.
Talk about ingratitude .
Well SISU clearly aren't paying their bills...
If it were any other area of business, SISU would stand a chance - they'd have to pay up or go bust, simple as...
But because it's football and they can play on the heart strings of fans. They can also play on the Council's accountability to residents/voters/fans. So they can take the piss
shropshirecov
New Member
So that's the crux of it. You're basically backing the council to kill off the club because you hate sisu that much.
I Couldn't care less about sisu it's my football club I care about.
Doncaster 10k rent, hull 10k rent, Coventry- hundreds of thousands rent. That okay by you?
I Couldn't care less about sisu it's my football club I care about.
Doncaster 10k rent, hull 10k rent, Coventry- hundreds of thousands rent. That okay by you?
So by your logic when QPR go down, they will be able to say to all their players "forget all those contracts we signed with you last season, you're all now Championship players and this is the going rate"
coundonskyblue
New Member
The party who have given all in negotiations or the side who haven't budged an inch?
I will go with the side who have been reasonable.
I will go with the side who have been reasonable.
It's SISU that's killing the club
They agreed to rent, they signed the agreement.
Now because they have found out more they want to pay nothing.
ACL have backed down and made a much better offer and SISU still say no.
Why don't the council and ACL just give the stadium to a bunch of greedy gits who do not give one hoot about football?
They agreed to rent, they signed the agreement.
Now because they have found out more they want to pay nothing.
ACL have backed down and made a much better offer and SISU still say no.
Why don't the council and ACL just give the stadium to a bunch of greedy gits who do not give one hoot about football?
mattylad
Member
It’s an extraordinary state of affairs but there is a new end game in sight for ACL. They now realise the only way they can continue to fleece an over exuberant rate of rent out of CCFC is to get rid of the current Coventry board that is standing up to them and refusing to be ripped off.
ACL believe that this course of action will strangle the club into administration and so force new ownership into place which they can exploit to carry on paying an over the top value. If it leads to the club going into extension and having to start again at the bottom of the pyramid then they will simply blame it all on SISU.
Don’t believe me well they are trying to charge CCFC 24m to take over all the revenue streams associated to match day takings despite the fact they won’t let them see how much those takings generate.
As for the “broken agreement” this was nothing more than an acceptance of understanding by the CCFC board of the points being put in place and if anything ACL have broke the agreement by not sending to CCFC the details on the revenue streams requested.
As anyone who has done any negotiations will know, you might often sit in a meeting and nod alog to the points being made while inside thinking they must be joking!
ACL believe that this course of action will strangle the club into administration and so force new ownership into place which they can exploit to carry on paying an over the top value. If it leads to the club going into extension and having to start again at the bottom of the pyramid then they will simply blame it all on SISU.
Don’t believe me well they are trying to charge CCFC 24m to take over all the revenue streams associated to match day takings despite the fact they won’t let them see how much those takings generate.
As for the “broken agreement” this was nothing more than an acceptance of understanding by the CCFC board of the points being put in place and if anything ACL have broke the agreement by not sending to CCFC the details on the revenue streams requested.
As anyone who has done any negotiations will know, you might often sit in a meeting and nod alog to the points being made while inside thinking they must be joking!
shropshirecov
New Member
Can't stand sisu, just don't happen to think the council should be trying to liquidate our club.
Some clowns won't be happy till the club has gone under.
Some clowns won't be happy till the club has gone under.
shropshirecov
New Member
There's people on here think the rent is fine!
oldskyblue58
CCFC Finance Director
I would like clarification of that 24m for the matchday catering. My understanding is that the "rent" is in two parts........ the lease £1.1m and the licence approx £200k ....... given that the value of each would be subject to a discount over 40 years period I am not sure that there is not some crossed wires in what is being said. The total payment on the licence part is £8m over 40 years and on the rent £44m. I just wonder if the £24m is the discounted value of the lease and licence settlement to walk away from the Ricoh. A settlement is very common on early termination of leases. £24m for the catering on matchdays does not make much sense to me, certainly not going to get wound up over it though when the only person who has mentioned it is a journalist who displayed some errors in his financial knowledge when interviewed
mattylad
Member
My belief is the £24M represents all other football related revenue sreams not currently taken by the club and not just the catering however as Fisher has pointed out the documentation explaining what these are has not been forthcoming from ACL who instead have decided to follow this more agrresive strategy of attempting to remove the CCFC board.
oldskyblue58
CCFC Finance Director
it isnt the board they want to remove it is the owners. But I guess it is another of those things that is at the moment open to interpretation
Sky Blues
Active Member
Doncaster's "10k rent"? Fourth post down: http://www.skybluestalk.co.uk/threads/24428-Thanks-Doncaster/page4
6 Generations
Well-Known Member
The rent is fine! SISU don't f***** pay any and haven't for months.
Stafford_SkBlue
Active Member
I have supported SISU on most things. But they want the rent to be similar to Doncaster about £100k, where there stadium is owned wholly by their local council. The Ricoh and Keepmoat are not similar, it's like someone living in a large detached house saying he should pay the same rent as the guy in a terrace house elsewhere.
Nonleagueherewecome
Well-Known Member
And we would have been homeless a lot sooner if it wasn't for them-initially for bailing out the stadium construction, also recently if we had a private landlord we'd have been out on our ear for not paying debts all the sooner.
To the OP, neither-but in this shoot-out it's a no-brainer, I'd back the Council. They've shown flexibility and patience, SISU have shown none whatsoever. By their stubborn refusal to do a deal-or even sign off on deals that they had previously agreed to!-they are the ones that are imperilling the club's future. I'm amazed that more people can't understand this! The refusal to pay any rent-even the token amount that they consider "reasonable"-indicts them completely.
Otis
Well-Known Member
People may well lean to one side or the other, but surely none us truly trust either party do we?
oakey
Well-Known Member
Hedge fund v the people of Coventry (if I have to spell that out: the council are elected by and accountable to the people of Coventry and subject to strict controls, audits and duties of care)
It really is that simple, but this thread explains to me why so many working people are capitalists. Clueless buffoons.
SISU are all we've got but I think we might be better off going out of existence and starting again than being dragged through the gutter by the thoroughly rabid owners.
It really is that simple, but this thread explains to me why so many working people are capitalists. Clueless buffoons.
SISU are all we've got but I think we might be better off going out of existence and starting again than being dragged through the gutter by the thoroughly rabid owners.
the rumpo kid
Well-Known Member
someone said earlier in the thread that ACL are trying to liquidate ccfc. i dont tink so. but they are trying to force sisu out, sisu for thier part want to steal the ricoh and surrounding land, by not paying rent they tryed to force ACL into administration, but with sisu as sitting tenant at the ricoh no other parties would be interested in buying , so they buy for next to nothing. now after the council bail out, ACL mean to make life very difficult for sisu. i think sisu should sell up and move on or try to buy the whole stadium land ect for a slighly dicounted price with a clause that says if sold on it must be as a package (ccfc ricoh land) and not split up. then maybe sisu could make there profit and fuck off.
shropshirecov
New Member
Socialist by any chance?
