As you well know the CVA offered them a pittance, it would have been giving respectability to a truly illegitimate process if ACL had voted for the CVA. Before Timmy moans about "we want our ten points back", ACL should respond with "let's have our 43-years of rent back"
A perfectly valid lease, which they had no right to break. I will never forgive them for that - that was when they went too far. IMO a 30 point deduction wouldn't have been enough punishment for that; if the FL had a spine they'd have kicked us out of the league. It was truly disgusting to walk away from it.
A KCIC poll
I would support a new ‘AFC Coventry’ club in 2014-15 but only if it played at the Ricoh - 16.9%
I would support a new ‘AFC Coventry’ club in 2014-15 as long as it played somewhere in Coventry -16.4%
So only 1/3 want it now/soon. And only 23% said they might support an AFC in the future but no is too soon...and that was only a might..so nowhere near the 80-90% really needed to make it work.
Sent from my iPhone using Tapatalk - so please excuse any spelling or grammar errors
If, God forbid, SISU win the JR they may get the Ricoh and we'll be back there in a flashI only have stated what Sisu have stated, yet their actions have also supported their statements. I don't believe they will run back to the Ricoh with there tail between their legs looking for a Rent deal.
I have also said previously that we would be better off at the Ricoh but the chances of this happening are nil for many reasons.
How do you define a pittance?
If, God forbid, SISU win the JR they may get the Ricoh and we'll be back there in a flash
Would have you been happier then if joe Elliot and his lot had broken the lease and sisu not paid ACL for a few more years?
It would be the best news ever.
The sum total of cells in Grendel's brain.
How do you define a pittance?
There are an awful lot then - well over a million.
If that happens I will stop supporting Coventry City.
No - the sensible thing would have been for SISU to re-negotiate in good faith, rather than alienating the landlords (whose ground it rightfully is, not CCFC's) by going nuclear and unilaterally withholding the rent as a first move. More than anything, people find the tactics repulsive rather than the ultimate objectives.
The breaking of the lease is one of the few things they should be appluaded for.
With everything you post on here there is zero evidence you are a fan anyway - you clearly have a love in with ACL though.
I'd agree with that, it's a shame ACL didn't see it coming as if they had they may have reduced the rent sooner, and that may, (only may) have stopped all that has followed.
Youve missed the point. When your mates at ACL were destroying the club first time round if sisu hadn't purchased the club then the lease would have been broken anyway.
Hey thinking about it if ACL hadn't been so greedy in the first place we'd never have heard of sisu. How do you feel now?
Fact check - they offered a 66% rent reduction well before the admin orders kicked off. Eventually got down to 90% reduction before the points deduction. How much should they have cut the rent by?
It was a few hundred £k - nothing like the 43-years worth of rent at costs that IMO CCFC still owe ACL - with compound interest you're looking at £65m+
You are right the 30 million pounds per year they charged before SISU arrived was outrageousYouve missed the point. When your mates at ACL were destroying the club first time round if sisu hadn't purchased the club then the lease would have been broken anyway.
Hey thinking about it if ACL hadn't been so greedy in the first place we'd never have heard of sisu. How do you feel now?
Why do you care so much for a stadium management company. Fans like you get the club they deserve.
Unbelievable!
Actually its the sad bastards who actually feel proud of a council that clearly see the club as nothing more than an entity to fleece money off that I feel sorry for.
To the offers they are making now.
If they had reduced it more sooner then it would have prevented a lot of the arguments we have on here, so that would be a great benefit on its own, but also because SISU would have lost a lot of the arguments they presented to the FL as excuses to leave.
There's no question that the rent was perfectly fair - with a £30m investment and a rent of £1m a year, that's a payback period on commercial terms, you wouldn;t get any better than that from any private institution. To say that "councils should give football clubs better terms" is to support state subsidy of football teams in an age of austerity and is clearly ludicrous.
If I am honest I genuinely couldn't predict if CCC/ACL or Sisu won the JR, what I'd like to happen if ACL/CCC won is that Sisu sold the Club to someone who could bring the Club home, I don't know whether that is even a remote possibility though at this point.
Well I think accessing the matchday revenues that the Football Club generates is essential for the Club and would also be deemed as correct. Of course the club would have to pay for these.
I note you've mentioned nothing about the freehold in that sentence.
With everything you post on here there is zero evidence you are a fan anyway - you clearly have a love in with ACL though.
If it was me I wouldn't be interested in it I would want to the shares of ACL..
Sent from my iPhone using Tapatalk
Well SISU didn't give them a chance, they just stopped paying before any negotation took place - once that happened, the stage was set for a confrontation.
Your post suggests that ACL were in some way obliged to reduce the rent - they weren't at all, it's their stadium and they don't owe CCFC anything. SISU are not interested in compromise anyway, so why try meeting them half way?
Its comments like that which have most of this forum thinking your a tosser.
On my phone with contact lenses which makes it hard to read to be honest.
Well SISU didn't give them a chance, they just stopped paying before any negotation took place - once that happened, the stage was set for a confrontation.
Your post suggests that ACL were in some way obliged to reduce the rent - they weren't at all, it's their stadium and they don't owe CCFC anything. SISU are not interested in compromise anyway, so why try meeting them half way?
That's what I was getting at.
CCFC would benefit from the shares in ACL, the freehold would have very little benefit to the day to day running of the club.
Sisu would benefit from the freehold, the small profits generated by ACL would be of little use to sisu in getting their money back (unless they can find someone willing to pay £50m+ for a league 1 club).
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?