It seems to me that to move this club forward a takeover of some sort is required. Given that no one has made a public offer to formally buy us out (recently). My view is that the Sky Blues trust should be actively pulling together investors who would be prepared to make an offer for the club.
In the past takeovers of CCFC have failed for undisclosed reasons. Normally because of an NDA. The trust should aim to bring together a takeover where a public bid can be made so that the fans of CCFC have visibility of the bid.
If Sisu turn down a sensible offer then that gives the fans some ammunition next time Sisu claim no one is interested in buying us and that it is only out of the goodness of their hearts that they continue to fund us.
We simply must move things forward or our decline will become terminal
It seems to me that to move this club forward a takeover of some sort is required. Given that no one has made a public offer to formally buy us out (recently). My view is that the Sky Blues trust should be actively pulling together investors who would be prepared to make an offer for the club.
In the past takeovers of CCFC have failed for undisclosed reasons. Normally because of an NDA. The trust should aim to bring together a takeover where a public bid can be made so that the fans of CCFC have visibility of the bid.
If Sisu turn down a sensible offer then that gives the fans some ammunition next time Sisu claim no one is interested in buying us and that it is only out of the goodness of their hearts that they continue to fund us.
We simply must move things forward or our decline will become terminal
Let's get real, spearhead a takeover to takeover what exactly?
Unless the Wasps deal is over-turned, we require a new ground that we (the club or its owners have access to ALL gross revenues) and that feels like home instead of just rented accomodation.
Conservatively if they've got £100b or so that they can jettison, forget it.
Sometimes better 'the devil you know'!
PRobably the same time we hear your news you promised?But we will have a ground real soon you told us so it should have been revealed by now so there is one obstacle out of the way.
When as it you said we would hear???
Sometimes better 'the devil you know'!
Never going to happen. Dream on. SISU will continue as long as there are any assets left to strip and that point has not been reached yet. I think we'll end up in L2 first with all of the academy 'starlets' gone..The Sky Blues trust needs to spearhead a takeover
Let's get real, spearhead a takeover to takeover what exactly?
Unless the Wasps deal is over-turned, we require a new ground that we (the club or its owners have access to ALL gross revenues) and that feels like home instead of just rented accomodation.
Conservatively if they've got £100b or so that they can jettison, forget it.
Sometimes better 'the devil you know'!
It seems to me that to move this club forward a takeover of some sort is required. Given that no one has made a public offer to formally buy us out (recently). My view is that the Sky Blues trust should be actively pulling together investors who would be prepared to make an offer for the club.
In the past takeovers of CCFC have failed for undisclosed reasons. Normally because of an NDA. The trust should aim to bring together a takeover where a public bid can be made so that the fans of CCFC have visibility of the bid.
If Sisu turn down a sensible offer then that gives the fans some ammunition next time Sisu claim no one is interested in buying us and that it is only out of the goodness of their hearts that they continue to fund us.
We simply must move things forward or our decline will become terminal
I emailed the Trust a few days ago suggesting exactly the same thing. In my opinion SISU will only sell if they can recoup some of the money lost. This, in my opinion, should be the focus of the Trust's attention. Do you agree Mr Tata ?
better the devil ha i would rather see us liquidated now than give this faceless and ruthless mob of cretins called our owners another penny.
grow a pair and man up our club is all but dead we will never get better with SISU in charge
Once the JR is out the way Sisu have no other reason to stay.
They will have no other way of getting there money back.
Hopefully they will put the club up for sale and lets see what happens.
Let's get real, spearhead a takeover to takeover what exactly?
Unless the Wasps deal is over-turned, we require a new ground that we (the club or its owners have access to ALL gross revenues) and that feels like home instead of just rented accomodation.
Conservatively if they've got £100b or so that they can jettison, forget it.
Sometimes better 'the devil you know'!
Why do you constantly peddle this shite, whoever owns the football club are in exactly the same position as we (the football club) have been for the last 10 years and more if you include Highfield Road, we rent, and at about a tenth of the price as we did. There may also be an opportunity to buy shares at a later date, i'll give it you, we (the football club) will never fully own the Ricoh but would we ever have.Let's get real, spearhead a takeover to takeover what exactly?
Unless the Wasps deal is over-turned, we require a new ground that we (the club or its owners have access to ALL gross revenues) and that feels like home instead of just rented accomodation.
!
Why do you constantly peddle this shite, whoever owns the football club are in exactly the same position as we (the football club) have been for the last 10 years and more if you include Highfield Road, we rent, and at about a tenth of the price as we did. There may also be an opportunity to buy shares at a later date, i'll give it you, we (the football club) will never fully own the Ricoh but would we ever have.
To share any super dooper profits in the Ricoh business, it's called investmentWhat would be the point?
I think the only outcome will be liquidation rather than a sale.
To share any super dooper profits in the Ricoh business, it's called investment
Should SISU decide to walk away I think the outcome will depend on what will give them the best return. So you have to hope someone will come in with an offer for the club that is better than them dismantling things and selling off what few assets we have.
Should SISU decide to walk away I think the outcome will depend on what will give them the best return. So you have to hope someone will come in with an offer for the club that is better than them dismantling things and selling off what few assets we have.
I do not think SISU expecting to get "any money back" - except maybe some costs - so thats a non starter
Should SISU decide to walk away I think the outcome will depend on what will give them the best return. So you have to hope someone will come in with an offer for the club that is better than them dismantling things and selling off what few assets we have.
I think the Golden share is our biggest assett and that will be worth nothing if they liquidate.
I think the Golden share is our biggest assett and that will be worth nothing if they liquidate.
Sisu will not simply liquidate. If they decide to walk, they will put the club up for sale - but not in public. They will identify potential buyers and pitch them privately.
The Golden Share is worth nothing without players. Players and Golden Share need an organisation - the club.
So it would be all or nothing. Within 'all' is buried the debts, first to ARVO (£13m) then to sisu (£25m+???). I think the old debt to sisu can be negotiated down by a large percentage, but the debt to ARVO is likely non-negotiable - the terms may be though.
The price of the shares will depend on current cash-flow and profit/loss projection. Any sale would be just like the sale of ACL - a share price and adjusted terms on the debts.
If we're in the conference when they liquidate how much will the golden share be worth then?
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