The Current Financial Situation For Dummies (1 Viewer)

CovisGod · Nov 28, 2012

Right......with all these posts about Tim Fisher, ACL etc. I don't understand any of them, it's like reading Chinese as soon as numbers get involved. Can someone on here please put in thicket terms what's currently going on behind the scenes at Coventry, I know there's a lot of fans like me that love the club and support them week in week out on the pitch but have no idea what goes on behind the scenes....if someone could put a few bullet points about what's going on and a summary of how worried / best case / worst case scenarios I'd very much appreciate it !

Thanks lads, CovisGod

Otis · Nov 28, 2012

Trouble is, people can only read between the lines because only Fisher is coming out with this stuff about the bank etc.

We owe ACL. ACL are in heavy debt, the bank will step in.

At least that's what Fisher is trying to put across. Sounds like he's scaremongering to me to try and force some hands.

Ashdown · Nov 28, 2012

So what will you do with your time then Otis on a Saturday afternoon when CCFC is no more?

Otis · Nov 28, 2012

See the other thread. I've got the cones and a sponge. WestEndAggo is cutting up the oranges.

Oh, and you're in goal.

Ashdown · Nov 28, 2012

Have we got any gloves?

Disorganised1 · Nov 28, 2012

Basically we are up chocolate creek with out a lollipop stick.

Otis · Nov 28, 2012

Ashdown said:
Have we got any gloves?

We're loaning them from the council parks department.

WestEndAgro · Nov 28, 2012

I will pick up a ball from Sports Direct, I have seen a real nice one and it's only £2.99 !

WestEndAgro · Nov 28, 2012

Isn't this how Singers FC started ? I think we might be onto something !

Otis · Nov 28, 2012

Job done.

The good thing about the Memorial Park too is there are no sky blue seats for the players to get lost against.

Hopefully David Bell and ROD will have finally found their level and will come good.

covcity4life · Nov 28, 2012

maybe we should support fisher vs acl?

ccfc are the priority not fukin ACL

just putting it out thereimp:

valiant15 · Nov 28, 2012

Don't feed the troll.

skyblueman · Nov 28, 2012

covcity4life said:
maybe we should support fisher vs acl?

ccfc are the priority not fukin ACL

just putting it out thereimp:

CCFC is just a vehicle for Fisher & SISU's collective egos - they really do not give a toss about it long term

Otis · Nov 28, 2012

Is the vehicle taxed and insured?

covcity4life · Nov 28, 2012

skyblueman said:
CCFC is just a vehicle for Fisher & SISU's collective egos - they really do not give a toss about it long term

as long as they give us to a better owner after it wont matter

without sisu owning the ground the future looks worse.

skyblueman · Nov 28, 2012

covcity4life said:
as long as they give us to a better owner after it wont matter

without sisu owning the ground the future looks worse.

The next owner after SISU will most likely come through the gift of liquidation

covcity4life · Nov 28, 2012

if we get liquadated there is no owner????? we wont exist ever again

skyblueman · Nov 28, 2012

covcity4life said:
if we get liquadated there is no owner????? we wont exist ever again

Yes technically right of course...

I was referring to the inevitable phoenix CCFC that would rise again should that dire scenario ever occur

SkyBlueScottie · Nov 28, 2012

covcity4life said:
maybe we should support fisher vs acl?

ccfc are the priority not fukin ACL

just putting it out thereimp:

Got to agree with that, I support the club, not SISU, not the council, not some faceless stadium operators, who on one hand are moaning that their football based revenue and blindly announce the amount of rent we pay is not having an effect on the club.

lets take ACL's advise and reduce the amount of money we pay out in wages, inevitably we drop further down the league, so what do you think will happen with their football based income?

coundonskyblue · Nov 28, 2012

SkyBlueScottie said:
Got to agree with that, I support the club, not SISU, not the council, not some faceless stadium operators, who on one hand are moaning that their football based revenue and blindly announce the amount of rent we pay is not having an effect on the club.
 
lets take ACL's advise and reduce the amount of money we pay out in wages, inevitably we drop further down the league, so what do you think will happen with their football based income?

What's your answer then? Sisu pay about £10 to play there? If that happens acl go bust, Yorkshire bank step in, rent goes through the roof.

Baginton · Nov 28, 2012

there is a nice little pitch behind the Tesco petrol station, we could play there

I used to play LB or RB pub level, good at... slide tackles, long throw on and penalties, but too fat/old to be a wing back

AFC Coventry here we come, debt free, level 7

cashless · Nov 28, 2012

SISU are hard negotiators with a flexible strategy. Doesnt have to be an endgame anytime soon. Will have already told Robins he cant keep McGoldrick. Taken a gamble that it will annoy him off but he will stay. We also look odds on to stay up which for SISU is a good result this year.

Otis · Nov 28, 2012

skyblueman said:
Yes technically right of course...

I was referring to the inevitable phoenix CCFC that would rise again should that dire scenario ever occur

That's exactly right. Of course CCFC will still exist. Just under a different guise.

Sent from my KIS using Tapatalk 2

covcity4life · Nov 28, 2012

it wont be the same no matter how you want to romantacise it

we wont be ccfc for one, it will afc or something else

we wont have a good ground

the kit will be cheap,players even worse than what we have seen recently

crowds worse off,only hardcore and drunks will be there

no guarantees we will even have our beloved badge

will i support them? sure

do i want too? hell no

i hope sisu get their way and council can go rot,as long as coventry city football club does well out of it.

wingy · Nov 28, 2012

I think one of the reasons the trust has reinvented itself is to secure the name CCFC through some sort of covenent.

valiant15 · Nov 28, 2012

Good god,how old are you? 10? We wouldn't be. in this mess if sisu paid what they owe,what part of that don't you understand?

covcity4life · Nov 28, 2012

WHICH PART OF THAT DID I EVER DENY?

your so easy toa rgue with valiant, think before you speak

IM NOT SAYING I LIKE SISU,IM NOT ABSOLVING THEM OF BLAME,i am just saying if its better for ccfc to have sisu win this particular battle then i am all for it.

skyblueman · Nov 28, 2012

covcity4life said:
it wont be the same no matter how you want to romantacise it

we wont be ccfc for one, it will afc or something else

we wont have a good ground

the kit will be cheap,players even worse than what we have seen recently

crowds worse off,only hardcore and drunks will be there

no guarantees we will even have our beloved badge

will i support them? sure

do i want too? hell no

i hope sisu get their way and council can go rot,as long as coventry city football club does well out of it.

If a new club rises in Coventry and it is the only one.. is it not essentially the same thing? I mean it is the football club representing Coventry isn't it? Maybe if this were to happen there might still be a deal we can do to stay at the Ricoh and with some decent support then we should fly up the divisions - don't get me wrong this is not what I want but if it did happen then for me emotionally I'd have the two linked in my head as one and the same

covcity4life · Nov 28, 2012

skyblueman said:
If a new club rises in Coventry and it is the only one.. is it not essentially the same thing? I mean it is the football club representing Coventry isn't it? Maybe if this were to happen there might still be a deal we can do to stay at the Ricoh and with some decent support then we should fly up the divisions - don't get me wrong this is not what I want but if it did happen then for me emotionally I'd have the two linked in my head as one and the same

essentially yes but i doubt we would play at the ricoh

also we wouldnt technically be past fa cup champions and would have no history at all.

id rather our current team stays in existence

p.s robins wouldnt manage a phoenix team

skyblueman · Nov 28, 2012

covcity4life said:
essentially yes but i doubt we would play at the ricoh

also we wouldnt technically be past fa cup champions and would have no history at all.

id rather our current team stays in existence

p.s robins wouldnt manage a phoenix team

Fair enough I agree nor do I - it's just the dreaded IF that's hanging over us at the moment. Also don't discount the help I think we would get from the council IF it happened I mean not cash but they hold the keys to the arena and they need a decent club don't they at some point? It would be a strong argument

covcity4life · Nov 28, 2012

if council wanted to help they would give us the ground back now

they dont care.

skyblueman · Nov 28, 2012

covcity4life said:
if council wanted to help they would give us the ground back now

they dont care.

Give it back??

It's not ours (SISU's never was) - they can't, why should they?

They won't help SISU now - no more than they have offered, who's to say they wouldn't help out a different entity they actually believed in and could work with?

covcity4life · Nov 28, 2012

it shoukld be ours,its a football pitch

work out a cheap deal

they want the profits though

makes business sense,but lets not preted they care about ccfc

if they had worked out a deal with sisu from the getgo we could be in prem right now with profit making ability

valiant15 · Nov 28, 2012

What planet are you on? You seriously havent got a clue have you. Yes let's give in to the bullies at sisu,6 months down the line theyll want something else for nothing.

covcity4life · Nov 28, 2012

whos giving in? its the council they are battling right now not us

also 6 months down the line without sisu=???????

please do enlighten me valerie.

p.s although i will admit im just angry right now so not got much time for anyone in ccfc way,thus the give us pitch back stuff

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