Why dont the sky blues trust take on the Ricoh tenacy and sublet it to Coventry City (1 Viewer)

[No future with SISU]

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?

 

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[Nick]

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]

They have not payed as SISU do not have the money to pay it.

Are you sure of that or just making it up?

 

[torchomatic]

Ah, the old "any port in a storm" argument.

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

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

 

[señor Santiago]

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]

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

 

[wingy]

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

I'm with Senior on this
Highly constructive thinking
Something none of the parties seem capable of

 

[Samo]

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

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

 

[Broken Hearted Sky Blue]

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

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

 

[lewys33]

The club love the trust just as much as CCC. Definite winner!

 

[señor Santiago]

business people love money personal relationships do not matter

 

[Samo]

business people love money personal relationships do not matter

Really? You don't think this is about egos as well as business?

 

[Ian1779]

They have not payed as SISU do not have the money to pay it.

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?

 

[Deleted member 5849]

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]

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?

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]

They have not payed as SISU do not have the money to pay it.

Why are you lying?