RoystonFoote'snephew Posted October 30, 2022 Report Share Posted October 30, 2022 16 minutes ago, Lanterne Rouge said: Don`t Reading share with rugby? Not any more as I think London Irish now play at Brentford. West Brom's Hawthorns is closer than Villa Park. 1 1 Quote Link to comment Share on other sites More sharing options...
ExiledAjax Posted October 30, 2022 Report Share Posted October 30, 2022 (edited) 19 minutes ago, chinapig said: Yes, cashflow. Deal done with HMRC for now. Though if they have to move I doubt that will be the end of their problems. https://www.theguardian.com/football/2022/oct/30/coventry-reach-hmrc-agreement-to-cover-stadium-cflow-shortfall Demonstrates the absolute knife edge on which even decent sized clubs operate. As I mentioned above Coventry have almost exactly as many ST holders as we do. To think that a club that size is just 4 postponed games away from having to deals with HMRC. Our club may have slightly more stable foundation, and our holding company also owns our stadium (so we'd avoid this particular issue should the Bears go under). But once all is told and washed out...Bristol City won't be in a wildly different position. Edited October 30, 2022 by ExiledAjax 4 Quote Link to comment Share on other sites More sharing options...
Mr Popodopolous Posted October 30, 2022 Report Share Posted October 30, 2022 54 minutes ago, ExiledAjax said: Demonstrates the absolute knife edge on which even decent sized clubs operate. As I mentioned above Coventry have almost exactly as many ST holders as we do. To think that a club that size is just 4 postponed games away from having to deals with HMRC. Our club may have slightly more stable foundation, and our holding company also owns our stadium (so we'd avoid this particular issue should the Bears go under). But once all is told and washed out...Bristol City won't be in a wildly different position. Although the ability to absorb this while SL a) Is at the helm and b) Is willing and able to do so is far greater. I expect that Coventry under SISU are more self-financing, perhaps much more. Minus SL we would be in a very similar position, perhaps worse. For us read many Championship clubs, perhaps many clubs in general. 3 Quote Link to comment Share on other sites More sharing options...
Davefevs Posted October 30, 2022 Report Share Posted October 30, 2022 15 minutes ago, Mr Popodopolous said: Although the ability to absorb this while SL a) Is at the helm and b) Is willing and able to do so is far greater. I expect that Coventry under SISU are more self-financing, perhaps much more. Minus SL we would be in a very similar position, perhaps worse. For us read many Championship clubs, perhaps many clubs in general. Yep, posted way back at the start of the season, that I suspect Cov might also be working to the £15m FFP limit, rather than the £39m (backed by owner). Couple that with Cashflow issues, and you can see them having to sell in January. Hyam already sold in the last window to Blackburn. 2 Quote Link to comment Share on other sites More sharing options...
WarksRobin Posted November 2, 2022 Report Share Posted November 2, 2022 CBS Arena company has gone into administration today. Mike Ashley is apparently the most likely purchaser. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.