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Coventry Stadium Protest

• Coventry Stadium Protest

• RE: Coventry Stadium Protest

  StrumSolo > 17/07/2013, 12:36

  (17/07/2013, 11:20)Hilary Briss Wrote: Does the world really need Coventry City ?

  
  Not really Briss, but Coventry does.

• RE: Coventry Stadium Protest

  darthpanda > 17/07/2013, 18:53

  (17/07/2013, 12:36)ScottyRampant Wrote:

  (17/07/2013, 11:20)Hilary Briss Wrote: Does the world really need Coventry City ?

  
  Not really Briss, but Coventry does.

  Intresting thing is there is a rumour going around that Coventry could become the next Wimbledon and relocate for good . Thats coming from a ex player.
  

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  (17/07/2013, 11:20)Hilary Briss Wrote: Does the world really need Coventry City ?

  You have a valid point !!!

• RE: Coventry Stadium Protest

  darthpanda > 19/07/2013, 12:54

  today there is a march through the city centre to protest coventrys potential move to northampton .... Monday there is a creditors meeting . Sisu have refused to attend unless the ricoh arena stadium company ACL and the alan higgs trust agree to sign the company voluntary agreement . We would then be closer to getting out of administration and the transfer embargo being lifted . This lets Sisu off the hook when they still have questions to answer .The biggest question that still remains where did all the money go, there are assets that are unaccounted for from july 2011 to may 2012 . As for the football league association , after what happened to wimbledon new rules were introduced to stop the same thing happening again . The community has to take priority in any decision made . Also there is a question about the location of the players contract registrations . This is the golden share . Basically who ever holds these assets in the club has the majority of the money . Is it really sisu or another company ???

• RE: Coventry Stadium Protest

  StrumSolo > 19/07/2013, 13:54

  Were there any other serious bidders darth? It's pretty clear that this otium (or whatever they're called) are just SISU in disguise and shouldn't be allowed anywhere near a football club.
  
  Better than nothing though I suppose, if there weren't other interested parties.

• RE: Coventry Stadium Protest

  StrumSolo > 19/07/2013, 13:55

  Do you think ACL will sign the CVA?

• RE: Coventry Stadium Protest

  darthpanda > 20/07/2013, 21:23

  (19/07/2013, 13:55)ScottyRampant Wrote: Do you think ACL will sign the CVA?

  The problem here is , if at the creditors meeting they sign the cva ,the assets that were transfered from coventry city football club (sisu) to ccfc holdings ltd wil not be investigated . These assets should be the players as coventry do not own the ricoh . The biggest hurdle is not ACL but the brainstrust behind the Alan Higgs Charity . They require payment and intend to receive it . The creditors meeting is monday so well know soon enough .
  

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  (19/07/2013, 13:54)ScottyRampant Wrote: Were there any other serious bidders darth? It's pretty clear that this otium (or whatever they're called) are just SISU in disguise and shouldn't be allowed anywhere near a football club.
  
  Better than nothing though I suppose, if there weren't other interested parties.

  There was a ex player led consortium which the administrator did not like . It seem's the Otium Entertainment Group LTD have the resources to pay off the major creditors . But is this a shell company called ccfc holdings ?? The football league is actually trying to pass the buck on to the FA about Otium obtaining the leagues share . The so called Golden Share . The player's registration . So the FA can make a decision . Two weeks to the start of the season and will we be at the ricoh or northampton . To be honest this is the most passion i have seen in coventry since the FA cup final win . But very little support will travel to northampton . 8% season ticket sales . Most of those supporters are only going to the real away matches not the northampton "home games" .

• RE: Coventry Stadium Protest

  StrumSolo > 23/07/2013, 14:22

  So the creditors' meting has been adjourned until 30th July, 4 days before the League One season gets underway.
  
  https://www.bbc.co.uk/sport/0/football/23421126
  
  Good news darth? Or not?

• RE: Coventry Stadium Protest

  darthpanda > 23/07/2013, 21:52

  Bluntly put no . ACL needs the money , ACL is the alan higgs trust and coventry city council . The city council in january put in a 14 million pound taxpayer bailout at the ricoh . Coventry city /sisu/otium think they will get off scottfree . The administrator offered 600 thousand pounds to ACL when the bill is 1.4 million pounds , and i can see why they refuse to take it . There is talk of liquidation to get around the CVA by SISU/Otium . If this situation is not resolved , and i don't think it will be , Coventry could be facing a 15 point deduction , although i quite fancy going to torquay , if or when we get relegated . Sisu are not only having one over the football club but the entire population of coventry . There had been three other buyers , but the bids were rejected by the administrator .

• RE: Coventry Stadium Protest

  Hilary Briss > 23/07/2013, 21:56

  Just die already.
  
  Jeez.

• RE: Coventry Stadium Protest

  darthpanda > 24/07/2013, 08:28

  (23/07/2013, 21:56)Hilary Briss Wrote: Just die already.
  
  Jeez.

  
  We are like a stubborn cockroach , you try to squash us , but it never seems to have a effect ......
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