Oh dear. Poor old Cov.......

[Boy Genius]

Why does everyone hate Coventry? I lived there till '66 and I don't recall my old man telling me to hate them. I must've missed the "Covscum" years. :icon_conf

depends where in Leicestershire you come from. Covscum....cnuts the lot of 'em.

 

[foxin_oz]

depends where in Leicestershire you come from. Covscum....cnuts the lot of 'em.

All I remember is my old man saying they really copped it in the second world war. Apparently they mistook Cov for Birmingham? :icon_conf

 

[Boy Genius]

All I remember is my old man saying they really copped it in the second world war. Apparently they mistook Cov for Birmingham? :icon_conf

not several times they wouldn't. I thought it was because of the things they made there for the war.

 

[foxin_oz]

not several times they wouldn't. I thought it was because of the things they made there for the war.

Dunno, my old man died a few years back. He was in the War.

 

[spionfox]

depends where in Leicestershire you come from. Covscum....cnuts the lot of 'em.

Chav capital of the UK too.

 

[Disco Bob]

Coventry ~ Making Chavvy cannon fodder since 1043

 

[Nottingham Fox]

Have just seen on Sky text they are still in a serious financial mess. The club is losing £70,000 - £80,000 a week

 

[Lboro fox]

Have just seen on Sky text they are still in a serious financial mess. The club is losing £70,000 - £80,000 a week

So how are they still signing players?

 

[beaumontfox]

Isn't this a bit like Leeds when they were in the CCC?

 

[Melton Fox]

Have just seen on Sky text they are still in a serious financial mess. The club is losing £70,000 - £80,000 a week

Losing because of normal operating costs?

Or losing because of a current investment plan?

 

[Nottingham Fox]

Losing because of normal operating costs?

Or losing because of a current investment plan?

The wage bill is through the roof, and the Ricoh isn't generating enough revenue.

 

[bocadillo]

The wage bill is through the roof, and the Ricoh isn't generating enough revenue.

Good job for them that they don't own the Ricoh then.

 

[Dour]

Ooh. Only yesterday the saint who took them over was claiming that all the debts had been wiped out...

http://news.bbc.co.uk/sport1/hi/football/teams/c/coventry_city/7433856.stm

Perhaps not all saviours are to be trusted...

 

[Melton Fox]

Perhaps not all saviours are to be trusted...

Bruce Willis being the obvious exception. I'd always trust him with my life. Above Chuck Norris even.

 

[Dour]

Bruce Willis being the obvious exception. I'd always trust him with my life. Above Chuck Norris even.

True. I've never seen Steven Seagal let anyone down either.

 

[RHYDAL]

I'd put my trust in Ray Mears. Mears the name, survival the game.

 

[Realist]

I think some of you are getting excited over nothing. Before Ranson took over Coventry had nearly £40million of debts, and were losing roughly £150,000 per week. Since Ranson took over they have no debts at all because the main creditor Geoffrey Robinson had to basically accept a small pence offer per share and lost a fortune.

The reason Coventry are still losing money is because at this moment the club doesn't own the stadium, (but are looking to purchase it from the council and the Derek Higgs trust who own 50% each). This will enable them to take a share of rock/pop concert reciepts, and any non-matchday things going on. They will also get the profits from food and drink sold on matchdays and at concerts.

On top of this Ranson is refusing to pay silly transfer fees or wages for players. As a founder of prozone he knows a players worth and as a succesful businessman he won't be taken for a ride by players and their inflated demands. So while news of Coventry still losing money hand over fist should bring us much glee, those of us in the know also know that they couldn't have a better man at the helm to steer them through the rocky waters. And having seen what a shambles our club has been under Mad Mandy, I'd take Mr Ranson every day of the week.