Vital Football

Latest Coventry City News

CCFC: Deal Or No Deal?

CCFC: Deal Or No Deal?

Vital Coventry wrote earlier on Tuesday in praise of the Coventry Telegraph and their reporting of the SISU/ACL dispute.

Now, thanks to sterling work by Les Reid, we know the details of the deal offered to the club by ACL at Tuesday's creditors meeting which was adjourned (for the final time we think) until Friday.

Interestingly there has been some negative reaction towards ACL arising from this story with the 10-year rent offer seemingly excluding completely the prospect of the current owners being able to buy part of the Ricoh Arena and only 'discussions' about them being able to benefit from the matchday revenues generated.

We have consistently said on this website that SISU's running of the football club has put them in a position of weakness from which to negotiate a better deal on the Ricoh.

The club have also let down their supporters by portraying the move to Northampton as a 'done deal' rather than pushing at every opportunity to remain at the Ricoh while negotiating with ACL and, if necessary, pursuing their alternative plans for a new stadium (the offer that was made to provide the stadium on a cost only basis while CCFC remained in administration presumably still stands which could have seen at least the first home game played there).

'Alternative'

But ACL (and the city council) must now come in for criticism as well. They have pushed for alternative owners of the football club despite it being SISU who have continued to foot the bills and pay the wages for a lengthy period of time.

Those alternative owners will be offered a share of the Ricoh so why not SISU at some point in the future if the two parties show they can work together?

Ok, SISU are in this to make money but only a multi-millionaire Coventry City supporter who is keen to lose as much of his fortune as possible while owning the Sky Blues wouldn't be. Preston Haskell certainly wasn't keen on the club because of his fond memories of walking down King Richard Street to Highfield Road.

And ultimately, if they do make money it will be because the club have turned things around on the pitch and if that is the case then surely there must be some kind of deal done that benefits everybody.






Click here to join in the debate on the club forum.

Writer:CCFC
Date:Tuesday July 30 2013
Time: 8:35PM

Comments

0
Tim Fisher's comments in the Guardian suggest there is no chance of the ACL offer being accepted - Northampton (and oblivion) here we come?
houchen
01/08/2013 09:16:00
Page 1/1
  1. 1

Login to post a comment

Best of Vital Network

Vital Boxing - Lewis Tips Joshua to Win

Vital F1 - Blog: Sochi Preview

Recent Coventry City Articles

The Final Throws Of A Sky Blue Season

A trip to Scunthorpe for the first team, a cup final for the Under-18's

Happy Birthday Psycho, A Non-League Bargain

Sky Blues picked up Pearce for a small sum from Wealdstone

More Reliable Than A League 1 Octopus? (24/4/17)

Time for the new special computer that crunches the numbers to determine the final League One positions for 2016/17.

Were City A Decent Team All Along?

Sky Blues finish with a flourish

Archived Vital Coventry Articles

Vital Coventry articles from

Site Journalists

CCFC
Editor email
Profile

Current Poll (see more polls)

Are You Pleased With Mark Robins Return?
Suggested By: Editor
Yes85%
No15%

League Table

# Team P W D L Pts. GD
C Sheff Utd 45 29 10 6 97 44
2 Bolton 45 24 11 10 83 29
3 Fleetwood 45 23 12 10 81 21
4 Scunthorpe 45 23 10 12 79 24
5 Bradford 45 20 18 7 78 19
6 Millwall 45 19 13 13 70 8
7 Southend 45 19 12 14 69 16
8 Rochdale 45 19 11 15 68 9
9 Oxford 45 19 9 17 66 11
10 Bristol Rovers 45 18 12 15 66 -1
11 Peterborough 45 17 11 17 62 3
12 MK Dons 45 15 13 17 58 -1
13 Walsall 45 14 16 15 58 -4
14 Charlton 45 13 18 14 57 4
15 Wimbledon 45 13 17 15 56 -3
16 Northampton 45 14 10 21 52 -13
17 Oldham 45 12 16 17 52 -13
18 Shrewsbury 45 13 12 20 51 -15
19 Bury 45 13 11 21 50 -11
20 Gillingham 45 12 13 20 49 -20
21 Port Vale 45 12 12 21 48 -25
R Swindon 45 11 11 23 44 -19
R Coventry 45 9 12 24 39 -29
R Chesterfield 45 9 10 26 37 -34
The Vital Football Members League
Latest F1 News
Latest Vital Boxing News
Vital Football Comment

Recent Coventry City Results (view all)

Coventry City Fixtures (view all)

Apr 30 2017 12:00PM : Scunthorpe United (a)
Sky Bet League One

Vital Members League Table

RankNamePoints
1.houchen2
Write for Vital Football