LeamingtonBootBoy
New Member
A few things that some seem to be missing on here:
SISU want to buy the Ricoh.
That will cost approx £40m?
Their accounts show assets of under £1m.
SISU are not buying the Ricoh, there are a bunch of faceless investors buying the Ricoh via loans....a bit like how the Glaziers purchased Man Ure?
All monies generated (not a lot judging by Ricoh's own accounts!) will go back to the 'investors'.
Therefore, whether SISU or their capitalist leeches mates buy the Ricoh or not, all they will be doing is mortgaging it to the hilt...and any monies raised will not be seen by the footballing side of the operation (if there is one?!).
Of course the Higgs lot want to sell, they want their money to move onto other things, but the Council cannot have such a short-term view. If this went belly-up with SISU (and their track record ain't great, is it?) who would pick up the pieces?
Yup...the people of Coventry....!
Sell the Ricoh to Joy and the Boys? You must be facking mad!!!! :jerkit:
SISU want to buy the Ricoh.
That will cost approx £40m?
Their accounts show assets of under £1m.
SISU are not buying the Ricoh, there are a bunch of faceless investors buying the Ricoh via loans....a bit like how the Glaziers purchased Man Ure?
All monies generated (not a lot judging by Ricoh's own accounts!) will go back to the 'investors'.
Therefore, whether SISU or their capitalist leeches mates buy the Ricoh or not, all they will be doing is mortgaging it to the hilt...and any monies raised will not be seen by the footballing side of the operation (if there is one?!).
Of course the Higgs lot want to sell, they want their money to move onto other things, but the Council cannot have such a short-term view. If this went belly-up with SISU (and their track record ain't great, is it?) who would pick up the pieces?
Yup...the people of Coventry....!
Sell the Ricoh to Joy and the Boys? You must be facking mad!!!! :jerkit:
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