possible solution maybe
CCFC Ltd who own the golden share in administration.....
because of administration the FL take the share away from CCFC Ltd
share now seperated from ccfc ltd
CCFC ltd come out of administration with ownership in hands of SISU/Arvo
FL then say well we have the share which company do you want it put back in to
SISU say well as CCFCH has been operating the trading during the administration (in fact in SISU's eyes always have) we would like it there
FL say can see your point, there you go
SISU say we dont need CCFC Ltd any more and either let ACL wind it up or do it themselves
Share in SISU's hand via CCFC H and lease at Ricoh gone
Contracts, share, registrations all back together
possible or plausible? just thoughts really
You have PH1V who I guess is basically interested in the surrounding land. He buys a stake in ACL and forms AFC Coventry which starts at the bottom of the Football Pyramid playing at the Ricoh.
Well, you know what I think, but let me ask you this:
When (if) the scenario you paint happens - How will ACL react?
Will they try to negotiate a new lease? Will they negotiate a sell of ACL to SBS&L? Or will they shut the curtains for the club and try to prove they can be profitable anyway?
How will the SHAREHOLDERS (not the management) at ACL react?
... and still to come: The court decision on sisu's claim that the bailout is illegal.
Possible. Would put the FL in an interesting position of effectively being complicit in deliberately distressing a company which owns a football stadium run by a local authority and children's charity and ditching debt by one of it's member clubs.
Not to say they wouldn't do it but would in a very public way raise many questions about the integrity of the FL and football in general in the country and would almost certainly see the government follow through on their threat to get involved and bring in legislation.
Possible. Would put the FL in an interesting position of effectively being complicit in deliberately distressing a company which owns a football stadium run by a local authority and children's charity and ditching debt by one of it's member clubs.
very fair points and i agree..................... wonder if the FL have thought that through ?
so to answer a series of questions with just two
what do you think the purpose of all these actions by SISU are? Can ACL fight that off?
All very plausible.But what then??possible solution maybe
CCFC Ltd who own the golden share in administration.....
because of administration the FL take the share away from CCFC Ltd
share now seperated from ccfc ltd
CCFC ltd come out of administration with ownership in hands of SISU/Arvo
FL then say well we have the share which company do you want it put back in to
SISU say well as CCFCH has been operating the trading during the administration (in fact in SISU's eyes always have) we would like it there
FL say can see your point, there you go
SISU say we dont need CCFC Ltd any more and either let ACL wind it up or do it themselves
Share in SISU's hand via CCFC H and lease at Ricoh gone
Contracts, share, registrations all back together
possible or plausible? just thoughts really
possible solution maybe
CCFC Ltd who own the golden share in administration.....
because of administration the FL take the share away from CCFC Ltd
share now seperated from ccfc ltd
CCFC ltd come out of administration with ownership in hands of SISU/Arvo
FL then say well we have the share which company do you want it put back in to
SISU say well as CCFCH has been operating the trading during the administration (in fact in SISU's eyes always have) we would like it there
FL say can see your point, there you go
SISU say we dont need CCFC Ltd any more and either let ACL wind it up or do it themselves
Share in SISU's hand via CCFC H and lease at Ricoh gone
Contracts, share, registrations all back together
possible or plausible? just thoughts really
Maybe sisu will then put the club up for sale. Would then be on their terms and they would have been vindicated in court.
possible solution maybe
CCFC Ltd who own the golden share in administration.....
because of administration the FL take the share away from CCFC Ltd
share now seperated from ccfc ltd
CCFC ltd come out of administration with ownership in hands of SISU/Arvo
FL then say well we have the share which company do you want it put back in to
SISU say well as CCFCH has been operating the trading during the administration (in fact in SISU's eyes always have) we would like it there
FL say can see your point, there you go
SISU say we dont need CCFC Ltd any more and either let ACL wind it up or do it themselves
Share in SISU's hand via CCFC H and lease at Ricoh gone
Contracts, share, registrations all back together
possible or plausible? just thoughts really
It's a private business operating as a management company. Who the owners are and what their core businesses are outside of ACL is totally irrelevant!
It's a business and there are risks. The losses (rent arrears) were not inflicted upon them in a criminal way. Immoral way maybe, but not illegal.
possible solution maybe
CCFC Ltd who own the golden share in administration.....
because of administration the FL take the share away from CCFC Ltd
share now seperated from ccfc ltd
CCFC ltd come out of administration with ownership in hands of SISU/Arvo
FL then say well we have the share which company do you want it put back in to
SISU say well as CCFCH has been operating the trading during the administration (in fact in SISU's eyes always have) we would like it there
FL say can see your point, there you go
SISU say we dont need CCFC Ltd any more and either let ACL wind it up or do it themselves
Share in SISU's hand via CCFC H and lease at Ricoh gone
Contracts, share, registrations all back together
possible or plausible? just thoughts really
run by a local authority and children's charity
I would say probable, but what about fit and proper etc?
You have PH1V who I guess is basically interested in the surrounding land. He buys a stake in ACL and forms AFC Coventry which starts at the bottom of the Football Pyramid playing at the Ricoh.
Possible. Would put the FL in an interesting position of effectively being complicit in deliberately distressing a company which owns a football stadium run by a local authority and children's charity and ditching debt by one of it's member clubs.
Not to say they wouldn't do it but would in a very public way raise many questions about the integrity of the FL and football in general in the country and would almost certainly see the government follow through on their threat to get involved and bring in legislation.
If this happened I could genuinely frsee the time when another club play their football at the RICOH.
This wouldn't necessarily be a phoenix club started by a Haskell but could be a club like Nuneaton moving in to inhabit the vacuum left by CCFC, r.i.p.!
If this happened I could genuinely frsee the time when another club play their football at the RICOH.
This wouldn't necessarily be a phoenix club started by a Haskell but could be a club like Nuneaton moving in to inhabit the vacuum left by CCFC, r.i.p.!
I think we are in agreement that the FL are bricking-it over which way to go then at the moment, & are determined to keep their noses out, as best they can, until their own lawyers can do some sort of damage limitation.
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