The only way is out (6 Viewers)

japandy

New Member
Having looked at the situation we are in I see only a few possible ways forward. The one I like most is ----- The Sky Blue Trust take over the ground on a 99 year lease at a price that can be determind by a third party. Because the ground is in another companies hands we can then be in control of catering and 'match-day' profits. We are the people of the City of Coventry and own the ground (or part of it) anyway through our existance as citizens of Coventry. NEXT the Trust take over the day to day running of the club from SISU and put in a position of returning the club to the City. The Trust act as patrons rather than direct owners. A contract is then written whereby when a 'suitable' owner of the club is found the profits from the club go 50% to SISU and 50% to ACL. If SISU and ACL agree to this proposal and wait a number of years when we return to the 'Holy Grail' they would benefit to the tune of 50million each because CCFC could be sold for that much if we returned to the Premier. Would they lose out? NO - ACL would have a tenant in the stadium who they would trust, and SISU - would still be in control of their investment, all be it indirectly.
 

shmmeee

Well-Known Member
That's basically the Hoffman offer though isn't it? "Buy now, pay later"?
 

japandy

New Member
That's basically the Hoffman offer though isn't it? "Buy now, pay later"?
Of course it's not the Hoffman plan as he would be the owner rather than 'we' the people. Also, it would not be a £1 fee. As I said we would be in control of total match day revenue which would pay for costs and salaries. OUR club is worth a damn site more than a million or two. Elliott and his American mate are business people and that is why they stil circle the club like magpies. Portsmouth get 15000 plus crowds. If the trust were in charge with SP at the wheel we would have 15000 no problem.
 

Grendel

Well-Known Member
Of course it's not the Hoffman plan as he would be the owner rather than 'we' the people. Also, it would not be a £1 fee. As I said we would be in control of total match day revenue which would pay for costs and salaries. OUR club is worth a damn site more than a million or two. Elliott and his American mate are business people and that is why they stil circle the club like magpies. Portsmouth get 15000 plus crowds. If the trust were in charge with SP at the wheel we would have 15000 no problem.

Are you on drugs?
 

Flying Fokker

Well-Known Member
This is a bit of a long shot at best. Ignoring the rights or wrongs of the club playing at Sixfields, the longer it goes on, the fewer the fans will back any initiative to part own the club. The club is now dead for a lot of people.
Even if we ended up back at the Ricoh very few of the 6000 season ticket holders that no longer go would back the club after this debacle. All pretty pointless really.
 

japandy

New Member
Are you on drugs?
Grendel dear which part makes me on drugs? Is there a problem with Coventry's birth midwifery? Why do people feel the need to be against anything they didn't say? I feel Coventry has a population that is immature when it comes to debate which is sad when we gave the world the greatest women's and human rights activist in centuries gone by. I talk about Godiva. Grendel you act like wannabe even I syill love you GOD Bless
 

japandy

New Member
Are you on drugs?
Grendel dear which part makes me on drugs? Is there a problem with Coventry's birth midwifery? Why do people feel the need to be against anything they didn't say? I feel Coventry has a population that is immature when it comes to debate which is sad when we gave the world the greatest women's and human rights activist in centuries gone by. I talk about Godiva. Grendel you act like a wannabe even I stiill love you GOD Bless
 

Grendel

Well-Known Member
Grendel dear which part makes me on drugs? Is there a problem with Coventry's birth midwifery? Why do people feel the need to be against anything they didn't say? I feel Coventry has a population that is immature when it comes to debate which is sad when we gave the world the greatest women's and human rights activist in centuries gone by. I talk about Godiva. Grendel you act like wannabe even I syill love you GOD Bless

The notion that the trust or a collection of supporters can buy the ground is utter nonsense its not something you can debate about.

It's akin to a 5 year old saying he wants to be an astronaut. Then you gloss over the fact they will not own the club. How will that happen?
 
A

alphapappa

Guest
How would the trust be able to fund it? I appreciate that they have said that is part of their objectives, but they haven't done anything about it. I fear they are relying on a benevolent owner to just give them the club. Of course they could have a plan to buy the club, but I very much doubt it, and considering how ineffective the vast majority of their efforts, it is highly unlikely they will ever do anything about it
 

Flying Fokker

Well-Known Member
The notion that the trust or a collection of supporters can buy the ground is utter nonsense its not something you can debate about.

It's akin to a 5 year old saying he wants to be an astronaut. Then you gloss over the fact they will not own the club. How will that happen?

I wouldn't want an astronaut in charge of my club.
 

MichaelCCFC

New Member
Having looked at the situation we are in I see only a few possible ways forward. The one I like most is ----- The Sky Blue Trust take over the ground on a 99 year lease at a price that can be determind by a third party. Because the ground is in another companies hands we can then be in control of catering and 'match-day' profits. We are the people of the City of Coventry and own the ground (or part of it) anyway through our existance as citizens of Coventry. NEXT the Trust take over the day to day running of the club from SISU and put in a position of returning the club to the City. The Trust act as patrons rather than direct owners. A contract is then written whereby when a 'suitable' owner of the club is found the profits from the club go 50% to SISU and 50% to ACL. If SISU and ACL agree to this proposal and wait a number of years when we return to the 'Holy Grail' they would benefit to the tune of 50million each because CCFC could be sold for that much if we returned to the Premier. Would they lose out? NO - ACL would have a tenant in the stadium who they would trust, and SISU - would still be in control of their investment, all be it indirectly.

JA - what do you reckon an acceptable exit option for sisu would be? And can you explain community asset transfer cos a few people are mentioning it but I thought it was to do with village halls? thx
 

shmmeee

Well-Known Member
Registering something as an "Asset of Community Value" has to be done by a parish council, a community group, or an Industrial & Provident Society (like the Trust). That then ensures that should the ACV be sold, that group/council/society has a certain length of time to match the agreed sale price, and raise the money.

Several football grounds have been registered, the most prominent one being Old Trafford, by M.U.S.T., and the latest the Kassam Stadium by OxVox, the Oxford Supporters Trust.
 

Grendel

Well-Known Member
Registering something as an "Asset of Community Value" has to be done by a parish council, a community group, or an Industrial & Provident Society (like the Trust). That then ensures that should the ACV be sold, that group/council/society has a certain length of time to match the agreed sale price, and raise the money.

Several football grounds have been registered, the most prominent one being Old Trafford, by M.U.S.T., and the latest the Kassam Stadium by OxVox, the Oxford Supporters Trust.

Yes Oxford did it. The length of time is 12 months.
 

Grendel

Well-Known Member
Or akin to someone claiming to earn £100k a year, but glossing over the fact that they are an imbecile.

Do you think Tim fisher is an imbecile?
 

Grendel

Well-Known Member

georgehudson

Well-Known Member
imho, TF is a well paid 'stool pigeon' for JS & her invisible investors,
it would appear that he is economic with the truth to suit his & his employers ends,
i don't think for one minute that he is imbecilic, more an obeisant employee,
the real nub, of all this, is, the controller,
'who knows nothing about football',
yet, appears, with spite, to be willing to destroy OUR club,
unless she gets recompense to please those 'invisible / secret ' investors,
& is that not questionable as to whether they are fit & proper owners ?
 

shmmeee

Well-Known Member
Of course it's not the Hoffman plan as he would be the owner rather than 'we' the people. Also, it would not be a £1 fee. As I said we would be in control of total match day revenue which would pay for costs and salaries. OUR club is worth a damn site more than a million or two. Elliott and his American mate are business people and that is why they stil circle the club like magpies. Portsmouth get 15000 plus crowds. If the trust were in charge with SP at the wheel we would have 15000 no problem.

No no no you mental person.

I mean the offer to Sisu, why would they accept it?

I'm all for fan ownership of the club, won't get an argument there.
 

shmmeee

Well-Known Member
How would the trust be able to fund it? I appreciate that they have said that is part of their objectives, but they haven't done anything about it. I fear they are relying on a benevolent owner to just give them the club. Of course they could have a plan to buy the club, but I very much doubt it, and considering how ineffective the vast majority of their efforts, it is highly unlikely they will ever do anything about it

The Trust IIRC have a plan for ownership but it's more of a contingency in case of liquidation/admin than trying to buy off the owners. No point raising funds for something that might not happen, too messy.

Unless you've got £60m lying about, in which case I'll get you Joys contact details.
 

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