Coventry City FC (The Bantams, Sky Blues)

Apparently the Administrator has announced this evening that CCFC Ltd does hold the "Golden Share", but he believes the importance is overstated. Coventry City Holdings still retain the players contracts, the Coventry City FC name and rights to sell season tickets. There are apparently EIGHT interested parties. deadline for bids is the end of this month.

Well if that's the case it's very important due to third party ownership. If CCFC Ltd have the share and Holdings have the registrations and contracts, the club have been playing the season with ineligible players, lose all their points are are relegated to league 2. As for the Coventry City name, do we really need it? Just have the team called Coventry FC or Cov City FC and it's unnecessary but still keeps the general feeling of the club name. I've thought for a few years it's time for a new revolution like JH. Apart from the first few years up to c.1970 and 1987 the whole Sky Blue thing has hardly been full of success has it? I wouldn't mind changing the club colours (the Sky Blue thing is so wishy-washy and like a baby boy), the mascot - the lot. Even the crest, which I love, I wouldn't mind changing for a simpler design, just not that horrid thing McGinnity came up with with the camp elephant on.

Well, I have to agree with you on that. I think it is a case of one half doesn't know what the other half is doing half the time. !!!!!

SISU know full well that there will be no serious bids while legal ownership is in dispute. Nobody is going to risk losing tens of millions pounds on the offchance that they "might" become the new owner.

The whole situation has become a joke, who is really going to have the money to travel to Walsall all the time. It's dear enough to get in a game without having to pay to travel all that way. I was at the Ricoh last night and it's a great stadium, but it's the reason our club is in this position now. I have been a fan since a young age and feel like giving up while SISU own the club because it seems like we have no future. It doesn't help that people are bringing their kids up as glory supporters who never even go to the local club.

But that works both ways. I remember the influx of supporters from Nuneaton and Bedworth when City were riding high. Many of them have since gone elsewhere.

Very true, but I guess at least they were supporting locals and not a team that they don't have much chance of seeing. But I guess I did get away from the topic a bit

Fingers crossed. Let's hope things start to look up for the Sky Blues.

Personally I have even less enthusiasm for a foreign investor - with no historical links with Coventry - than I do with SISU

I tend to think that any option must be better than Sisu. They have no links with Coventry either, and have been running the club into the ground. Thanks to them, unless we are taken over, Coventry City will soon have no links with Coventry!

As also have the foreign owners of several other clubs so there's no reason to suppose it would be any different here under foreign ownership. It could be a case of out of the frying pan and into the fire.

That may be true. But how can things be worse than they are? I don't believe for a moment that Sisu are seriously planning on building a new ground. They are looking to win a battle to destroy ACL and march triumphantly into the Ricoh, but I doubt that will ever happen. So if the club is not sold I believe they will liquidate the whole lot in a year or so, given that the business is destroyed and it can only make huge losses. The club playing at, for example, Walsall, will have virtually no income. They have driven most of the fanbase away already. I estimate crowds could be as low as 2-3000, and there would be precious little other money coming in. Remember, we can't even buy season tickets yet, and the fixtures are out in 3 weeks. It's just my take on it, but they are a hedge fund and at some point the existence of the club will make no sense. So, how could we be any worse off than CCFC disappearing?

Total fantasy according to the administrator... LINK

Having gone to last Thursday's forum, I am more pessimistic than ever about CCFC's future. Tim Fisher is a fantasist who seems to think most of the fans will follow to this groundshare, wherever it may be. He is insistent that the club is not up for sale. The bids are in for 'CCFC Ltd', which he maintains has nothing of value. He is still maintaining the golden share is with CCFC Holdings. I had hoped for new owners but now I can't see it happening. The problem is that 'Holdings' can bid as much as they like for 'Limited' as most of it would be paying themselves as the major creditor. So they will undoubtedly get it and we are back where we started. It is an appalling mess. When the attendances plummet, I am sure Fisher will blame the fans for not supporting him, the new ground will never happen, and Sisu will feel free to liquidate the club. I hope my fears are unfounded, but sadly fear the worst!