[ENG] Premiership 2012/2013 (102 Viewers)

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JuveJay

Senior Signor
Moderator
Mar 6, 2007
74,011
Nice to see Coventry just making up the numbers and being in total awe of Spurs today. Hopefully our thousands down there don't have to be put through a complete mauling.
 

Maddy

Oracle of Copenhagen
Jul 10, 2009
16,544
Nice to see Coventry just making up the numbers and being in total awe of Spurs today. Hopefully our thousands down there don't have to be put through a complete mauling.
hows the current shape of coventry? do you think they have the foundation to get back to the premiership or at least the championship?

i miss the days of dion dublin
 

JuveJay

Senior Signor
Moderator
Mar 6, 2007
74,011
hows the current shape of coventry? do you think they have the foundation to get back to the premiership or at least the championship?

i miss the days of dion dublin
Very complex and long story, but the short(er) version is that they were taken over by Sisu, who are a hedge fund company, who think you can run a football club by plugging holes and not spending much on the playing squad.

As Red said, there has been a petty dispute with paying the rent for the stadium for over a year. That's because the rent is £1.2m p/a, which is ok for a PL or top end Championship club but for League 1 is a crippling disaster. The club doesn't own the stadium so takes no revenue from match day, concerts, coroporate events - a charity and the local council own 50% each. The only revenue is from tickets and merchandise. The future of the club essentially depends on getting at least 50% ownership or Sisu fucking off.

The club has basically only survived by having a very good youth system and program and selling anyone as soon as a bid comes in. If they could own the stadium there is potential to have a PL club, the size of the city and fan base is well above the likes of Reading, Wigan, QPR, Swansea, Fulham and comparable with Stoke, Norwich, West Brom and Southampton. But it's been a financial nosedive ever since Sisu came in.
 

Gabriel

Killed By Death
May 23, 2010
10,608
Lampard tied Tambling's record as our maximum top scorer in FA Cup with 25 each.

He also scored his goal #193 and is tied with Dixon as the second top scorer in the club's history. 10 more goals and he'll be our all time top scorer at 203.
 

Maddy

Oracle of Copenhagen
Jul 10, 2009
16,544
Very complex and long story, but the short(er) version is that they were taken over by Sisu, who are a hedge fund company, who think you can run a football club by plugging holes and not spending much on the playing squad.

As Red said, there has been a petty dispute with paying the rent for the stadium for over a year. That's because the rent is £1.2m p/a, which is ok for a PL or top end Championship club but for League 1 is a crippling disaster. The club doesn't own the stadium so takes no revenue from match day, concerts, coroporate events - a charity and the local council own 50% each. The only revenue is from tickets and merchandise. The future of the club essentially depends on getting at least 50% ownership or Sisu fucking off.

The club has basically only survived by having a very good youth system and program and selling anyone as soon as a bid comes in. If they could own the stadium there is potential to have a PL club, the size of the city and fan base is well above the likes of Reading, Wigan, QPR, Swansea, Fulham and comparable with Stoke, Norwich, West Brom and Southampton. But it's been a financial nosedive ever since Sisu came in.
thx. a shame to hear about the economy. hopefully you'll get back to premier league at some point. id like to see wednesday vs. coventry in premiership one day.
 
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