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Coventry City set to play in Northampton

Discussion in 'football' started by Tom A, Jul 4, 2013.

  1. Tom A

    Tom A Goat among sheep


    So, having got a modern ground a few years back, they are going to give that up to play some 35 miles away, because people whom care more about lining their own pockets matter more than the fans of the club they own. Such a sad fate for a club that until recently had one of the longest stays in the top flight, and yet another cautionary tale of "modern football". :(
    lagtbd and Pickman's model like this.
  2. marty21

    marty21 One on one? You're crazy.

    can't imagine Northampton's capacity is enough for one thing - it's a much smaller ground isn't it - and Coventry still get fairly good attendances don't they? Crazy idea
    Pickman's model likes this.
  3. Pickman's model

    Pickman's model Every man and every woman is a star

    that's ok, coventry won't get too good an attendance if they're playing in northampton
    Sprocket. and Limerick Red like this.
  4. Tom A

    Tom A Goat among sheep

    That appears to matter not:

  5. Balbi

    Balbi Hey, Dean Yager!


    Not even Coventry supporters deserve Northampton. We're a damned ship of muttering fools.
    UnderAnOpenSky likes this.
  6. editor

    editor Taffus Maximus

    What a farce but - hey! - that's Modern Football for you.
    Limerick Red likes this.
  7. JTG

    JTG Angry about not being able to be an astronaut.

    Bloody hell, poor Cov. Sixfields is a soulless dump.

    Are they even allowed to do this under League regs these days? I thought moving out of your home town needed special approval (and MK was supposed to be 'exceptional circumstances' or somesuch bollocks)
  8. Tom A

    Tom A Goat among sheep

    It might be a "temporary" measure, like when Brighton played in Gillingham after being kicked out of the Goldstone Ground. But the signs look ominous. What gets me is they only just got a new ground - is the Ricoh Arena just going to lie empty now? This proposal is bad for the fans, and bad for the city.
  9. lizzieloo

    lizzieloo Numpty extraordinaire

    Sent to Northampton :(
    UnderAnOpenSky, Favelado and Tom A like this.
  10. Favelado

    Favelado The Perfect Kiss

    Manchester United played some home games at Anfield so I guess anything is possible.
  11. Paulie Tandoori

    Paulie Tandoori shut it you egg!

    and football continues to eat itself.....
  12. JTG

    JTG Angry about not being able to be an astronaut.

    One. In exceptional circumstances
  13. editor

    editor Taffus Maximus

    It's a truly dire stadium in a dire part of town. Awful place.
  14. gnoriac

    gnoriac lowly seer

    For a few years now, Cov City have been owned by a secretive hedge fund called Sisu. Their probable agenda has been reduction of the wage bill and to force the owners of the Ricoh to sell this, the major asset, to them. I say probable because Sisu have never made a credible pronouncement about their running of the club.

    To the 1st end, most of the quality players got sold off, which unsurprisingly led to relegation, and a big drop in gates, though the supporters would still be there if there was anything worth watching, as evidenced by the huge turnout for the Johnston's Paint Trophy final (really a semi=final in normal terms). There was also the turnaround in form under Mark Robins, but he quit as he was privy to a fair bit more info about the club's future than the general public.

    To the 2nd end, last season Sisu simply stop paying the rent, running up a debt of over £1m. The stadium's owners, ACL (partly the council and partly a sports charity called the John Higgs Trust, who bailed out the stadium's financing when the club's previous owners fucked it up completely), in desperation threatened to put the club into administration. Sisu responded by putting CCFC Ltd into administration themselves, partly because they could then appoint their own administrator, and partly because they'd already transferred all assets to another company, CCFC Holdings. The administrator recently sold off CCFC Ltd to his preferred bidder, a company called Otium Entertainment, with a very tarnished record. Turns out they're owned by, guess who, Sisu. :D

    If that wasn't bent enough, Sisu acquired the club for virtually nothing a few years back, with the guys then running it, Ray Ranson and Ken Dulieu, claiming the only alternative was administration and liquidation (amazingly, an awful lot of clubs go into admin without getting liquidated). Ken Dulieu just happens to be a director of Otium Entertainment. Just after Sisu took the club over, they announced they'd paid off all the club's debts. This season, the debts mysteriously became £40m, mostly owing to a Sisu subsidiary, Arvo, based in the Caymans. Anyone with an interest in tax avoidance sagas will have alarm bells ringing just at that! Around the time of admin, the debt to Arvo was suddenly £70m (though I think they're claiming £40m again now).

    And then there have been the transfer embargoes for the club being late to file its accounts 2 seasons running. An organisation as rich and powerful as Sisu can't get adequate accountancy in place for a normal run-of-the-mill operation such as that? Far be it from me to suggest that something murky could be going on.

    What really got people going was when it was first announced the club will no longer be playing in Coventry, the chairman, a loathsome Sisu hireling called Tim Fisher, announced they would also be taking the Jimmy Hill statue and the Wall Of Remembrance. He seems to have been surprised at the anger it generated and backed down! Fisher is also a director of Otium.

    This isn't a story of poor, unfortunate Coventry City, it's about a ruthless hedgefund destroying a community's culture as part of an asset grab.

    There's tons more of this shit gone on, but i think I've covered all the most horrific points. :mad:
  15. JTG

    JTG Angry about not being able to be an astronaut.

    Mungy, Sprocket., JimW and 7 others like this.
  16. Balbi

    Balbi Hey, Dean Yager!

    Sounds depressingly familiar to me. We had similar off shore shady fuckery going on, but at least we got a cup final win out of it ;)
  17. gnoriac

    gnoriac lowly seer

  18. Zapp Brannigan

    Zapp Brannigan Built like a steakhouse, handles like a bistro

    Liked for the detail and the research gone into it, not for a single word of the fucked up bullshit content. I work in Warwick, many colleagues living in and supporting Coventry. Not one has even a 10th of the interest 5 or so years ago, and it's not because they're fair weather fans at all. It's just been sucked out of them :(
  19. Lord Camomile

    Lord Camomile Lemonade socialist

    Fuck's sake.

    Instinctively you just think that surely if all that is pretty obvious then there should be some kind of official investigation and sanctions. But of course, money and power talk :(

    Sympathies to any Coventry fans.
    Tom A likes this.
  20. editor

    editor Taffus Maximus

  21. editor

    editor Taffus Maximus

    It's kinda ironic that both teams known as CCFC have been shafted by the modern football.
    Diddly Squat and Tom A like this.
  22. Balbi

    Balbi Hey, Dean Yager!

    Now, now editor - that's the sign for the running track next door to the ground. Which the club took on to maintain when they bought the ground off the Council, and then failed to do so.

    But yes. Sixfield is a reclaimed landfill site. I say reclaimed.
  23. gnoriac

    gnoriac lowly seer

    AFAIK the Football League haven't yet approved the Otium takeover of whatever the **** CCFC Ltd owns (still very questionable considering their tame administrator couldn't even answer that), let alone the groundshare scheme, but I'd guess it's just a question of how much handwringing they see fit to do for the sake of appearances, before the old rubber stamp comes out.
  24. JTG

    JTG Angry about not being able to be an astronaut.

    I dunno, the FL can be a funny beast at times. 70/30 in favour of approval though I'd say :(
  25. editor

    editor Taffus Maximus

    The point being it's not where football clubs should be - next to the community they represent - but it's stuck out in some fucking shit retail park miles from anywhere.
    SarfLondoner, Epico and Tom A like this.
  26. Balbi

    Balbi Hey, Dean Yager!

    Yep, the move in 1992 was fucking genius. Abandon the cricket ground, and use money from selling the public transport undertaking to Stagecoach and Firstbus to build a crap ground on a rubbish dump. Bravo Council, bravo. Shit team, shit ground, shit transport to get there.

    The rugby ground is about ten minutes down the road, at the heart of St James - where it should be :cool:
    Tom A likes this.
  27. gnoriac

    gnoriac lowly seer

    News today, Sisu have written off £32m of debt to the club's new owners, Otium. Who they own, of course. :)

    This being a sweetener for taking over the "non-trading" CCFC Ltd. You may ask yourselves how a company that's not trading can rack up over £32m debts.
  28. gnoriac

    gnoriac lowly seer

  29. Tom A

    Tom A Goat among sheep

    Statement from Supporters Direct:

  30. g force

    g force Affects Shatner's Basoon

    Not sure what the FL could do...they asked for a £1m bond to ensure they move back. It's the FA that needs to ask what the ownership structure is and why the same owner still owns the club under a different name.

    As ever it's the fans that lose out.

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