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Why dont the sky blues trust take on the Ricoh tenacy and sublet it to Coventry City (8 Viewers)

  • Thread starter señor Santiago
  • Start date May 6, 2014
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No future with SISU

New Member
  • May 6, 2014
  • #36
Nick said:
Don't you think a proper valuation should be done to see at least market value and to go from there? If the price has doubled then it's doubled so sisu pay more. If it's less they can try and pay less.

Nobody can be forced to sell anything, but at least it makes it clear if it's valued low but acl want silly money or valued high and sisu offer pennies.Nick you keep on about this proper valuation, if i owned the RICOH and it is the only stadium in coventry fit for league matches, SISU would have to pay me what I belived it is worth not what someone else valued it at.

That 1 million less than they paid was still reported as way over value wasnt it?
Click to expand...
 

Nick

Administrator
  • May 6, 2014
  • #37

So you are saying acl and the council can do what they like and charge what they like as ccfc have no other option?
 

lordsummerisle

Well-Known Member
  • May 6, 2014
  • #38
No future with SISU said:
They have not payed as SISU do not have the money to pay it.
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Are you sure of that or just making it up?
 

torchomatic

Well-Known Member
  • May 6, 2014
  • #39
Ah, the old "any port in a storm" argument.

"Yeah, admittedly the rent was high, but CCFC didn't have a choice, did they?"

Nick said:
So you are saying acl and the council can do what they like and charge
what they like as ccfc have no other option?
Click to expand...
 

señor Santiago

Well-Known Member
  • May 6, 2014
  • #40
Lets not go on a tangent. I know this will work. The council will work with the skyblues trust Even if the club stops paying the rent.Coventry fans will not mind paying a voluntary £1 levy on matchdays to watch the skyblues at the ricoh.The council would love to have the team back in cov.A football team gives any city so much status and recognition. The skyblue trust needs to start doing something constructive, instead of being just a talking shop
 

señor Santiago

Well-Known Member
  • May 6, 2014
  • #41
Lets get serious , the whole city does city does not come with ricoh.The land around the ground would have been divorced from the ground. Lets us not keep feeding sisu disires of making a fortune from the ricoh.When the council sell the ricoh , it will be just the stadium , no shops no conference no hotel just the stadium
 
W

wingy

Well-Known Member
  • May 6, 2014
  • #42
señor Santiago said:
Lets get serious , the whole city does city does not come with ricoh.The land around the ground would have been divorced from the ground. Lets us not keep feeding sisu disires of making a fortune from the ricoh.When the council sell the ricoh , it will be just the stadium , no shops no conference no hotel just the stadium
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I'm with Senior on this
Highly constructive thinking
Something none of the parties seem capable of
 

Samo

Well-Known Member
  • May 6, 2014
  • #43
señor Santiago said:
Lets not go on a tangent. I know this will work. The council will work with the skyblues trust Even if the club stops paying the rent.Coventry fans will not mind paying a voluntary £1 levy on matchdays to watch the skyblues at the ricoh.The council would love to have the team back in cov.A football team gives any city so much status and recognition. The skyblue trust needs to start doing something constructive, instead of being just a talking shop
Click to expand...

You think CCC will be fine with the trust owing them £13 million?
 
B

Broken Hearted Sky Blue

Well-Known Member
  • May 6, 2014
  • #44
señor Santiago said:
Lets get serious , the whole city does city does not come with ricoh.The land around the ground would have been divorced from the ground. Lets us not keep feeding sisu disires of making a fortune from the ricoh.When the council sell the ricoh , it will be just the stadium , no shops no conference no hotel just the stadium
Click to expand...

You really think that Sisu or any othe potential buyer would want just the stadium? I think not.
 

lewys33

Well-Known Member
  • May 6, 2014
  • #45
The club love the trust just as much as CCC. Definite winner!
 

señor Santiago

Well-Known Member
  • May 6, 2014
  • #46
business people love money personal relationships do not matter
 

Samo

Well-Known Member
  • May 6, 2014
  • #47
señor Santiago said:
business people love money personal relationships do not matter
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Really? You don't think this is about egos as well as business?
 

Ian1779

Well-Known Member
  • May 6, 2014
  • #48
No future with SISU said:
They have not payed as SISU do not have the money to pay it.
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Utter nonsense - the liquidation of holdings hasn't occurred yet, surely that is the reason why. Wouldn't the money be sat with the administrator, in the same respect that a £1m bond sits at the FL?
 
D

Deleted member 5849

Guest
  • May 6, 2014
  • #49
Why it wouldn't work is security.

Nice idea in theory, but you're asking a supporter's trust to underwrite the cost of the lease, effectively.

So if it all goes pear shaped with the club, the trust becomes liable.

Now if the trust in effect 'owned' the ground, that might be a very different matter, and similar to what Wycombe were trying to do... although that hasn't been as straightforward as they hoped.
 

Hobo

Well-Known Member
  • May 6, 2014
  • #50
Ian1779 said:
Utter nonsense - the liquidation of holdings hasn't occurred yet, surely that is the reason why. Wouldn't the money be sat with the administrator, in the same respect that a £1m bond sits at the FL?
Click to expand...

A 1m bond does not sit with the FL. It is a retrospective bond, no money up front. An agreement that was not given to a certain non league club. Why?
 

Grendel

Well-Known Member
  • May 6, 2014
  • #51
No future with SISU said:
They have not payed as SISU do not have the money to pay it.
Click to expand...

Why are you lying?
 
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