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SSN saying Coventry in Liquidation

Fri Aug 02, 2013 9:56 am

Sad if true

Re: SSN saying Coventry in Liquidation

Fri Aug 02, 2013 9:58 am

Sneggyblubird wrote:Sad if true

Sad times and so easily could have been us a short while ago - be thankful for Tan :ayatollah:

Re: SSN saying Coventry in Liquidation

Fri Aug 02, 2013 10:01 am

Club haven't gone bust, at most 15 points deduction

Re: SSN saying Coventry in Liquidation

Fri Aug 02, 2013 10:04 am

Coventry City Ltd go into liquidation.

Coventry the CLUB havent

Re: SSN saying Coventry in Liquidation

Fri Aug 02, 2013 10:05 am

What does liquidation mean? is it as bad as administration?

Re: SSN saying Coventry in Liquidation

Fri Aug 02, 2013 10:05 am

RhonddaBluebird93 wrote:Coventry City Ltd go into liquidation.

Coventry the CLUB havent


People desperate for a club to go under in order to look themselves in the mirror at night and say 'i'm red but i had no choice mun'

Re: SSN saying Coventry in Liquidation

Fri Aug 02, 2013 10:07 am

OddBalls wrote:What does liquidation mean? is it as bad as administration?


Basically end of the road. With administration there is a chance of surviving, well a good chance. Liquidation is the selling of assets and closing the company down.

Re: SSN saying Coventry in Liquidation

Fri Aug 02, 2013 10:08 am

Sky sports news say it is a 15 to 25 points deduction,but the actual football club will continue.

Re: SSN saying Coventry in Liquidation

Fri Aug 02, 2013 10:11 am

Bakedalasker wrote:
OddBalls wrote:What does liquidation mean? is it as bad as administration?


Basically end of the road. With administration there is a chance of surviving, well a good chance. Liquidation is the selling of assets and closing the company down.

Cheers for explaining mate. its serious then, hope they manage to avoid it

Re: SSN saying Coventry in Liquidation

Fri Aug 02, 2013 10:12 am

But for how long though realistically?

Gutted to hear this and hopefully they can sort it out. :ayatollah:

Re: SSN saying Coventry in Liquidation

Fri Aug 02, 2013 10:13 am

Blue_Always wrote:
RhonddaBluebird93 wrote:Coventry City Ltd go into liquidation.

Coventry the CLUB havent


People desperate for a club to go under in order to look themselves in the mirror at night and say 'i'm red but i had no choice mun'


Thats a stupid comment.

To update some of the more sensible comments,Liquidation is far worse and they are literally on the point of no return.Pundits reckon they can expect a minimum of 15pts deduction this season.They are also reporing that they had sold just over 200 season tickets for this campain.

Re: SSN saying Coventry in Liquidation

Fri Aug 02, 2013 10:14 am

Makes you realise how pathetic our complaints are. Gutted for the local fans that go to games. Would you rather be in their position and still be blue?. I'm not so sure.

Re: SSN saying Coventry in Liquidation

Fri Aug 02, 2013 10:14 am

They will reemerge as a phoenix club and basically have to start again. Very sad to hear and to think some would rather this route than what we currently have all because of a colour. Good luck to Coventry when they get going again and gutted for their fans.

Re: SSN saying Coventry in Liquidation

Fri Aug 02, 2013 10:15 am

Sneggyblubird wrote:
Blue_Always wrote:
RhonddaBluebird93 wrote:Coventry City Ltd go into liquidation.

Coventry the CLUB havent


People desperate for a club to go under in order to look themselves in the mirror at night and say 'i'm red but i had no choice mun'


Thats a stupid comment.

To update some of the more sensible comments,Liquidation is far worse and they are literally on the point of no return.Pundits reckon they can expect a minimum of 15pts deduction this season.They are also reporing that they had sold just over 200 season tickets for this campain.


A little perspective is needed here.

Re: SSN saying Coventry in Liquidation

Fri Aug 02, 2013 10:17 am

Blue_Always wrote:
Sneggyblubird wrote:
Blue_Always wrote:
RhonddaBluebird93 wrote:Coventry City Ltd go into liquidation.

Coventry the CLUB havent


People desperate for a club to go under in order to look themselves in the mirror at night and say 'i'm red but i had no choice mun'


Thats a stupid comment.

To update some of the more sensible comments,Liquidation is far worse and they are literally on the point of no return.Pundits reckon they can expect a minimum of 15pts deduction this season.They are also reporing that they had sold just over 200 season tickets for this campain.


A little perspective is needed here.


Now that comment is spot-on.Who you gonna start with? :lol:

Re: SSN saying Coventry in Liquidation

Fri Aug 02, 2013 10:18 am

Blue_Always wrote:
Sneggyblubird wrote:
Blue_Always wrote:
RhonddaBluebird93 wrote:Coventry City Ltd go into liquidation.

Coventry the CLUB havent


People desperate for a club to go under in order to look themselves in the mirror at night and say 'i'm red but i had no choice mun'


Thats a stupid comment.

To update some of the more sensible comments,Liquidation is far worse and they are literally on the point of no return.Pundits reckon they can expect a minimum of 15pts deduction this season.They are also reporing that they had sold just over 200 season tickets for this campain.


A little perspective is needed here.

yeah - there but for the grace of god go I :roll:

Re: SSN saying Coventry in Liquidation

Fri Aug 02, 2013 10:20 am

ihatealiens wrote:
Blue_Always wrote:
Sneggyblubird wrote:
Blue_Always wrote:
RhonddaBluebird93 wrote:Coventry City Ltd go into liquidation.

Coventry the CLUB havent


People desperate for a club to go under in order to look themselves in the mirror at night and say 'i'm red but i had no choice mun'


Thats a stupid comment.

To update some of the more sensible comments,Liquidation is far worse and they are literally on the point of no return.Pundits reckon they can expect a minimum of 15pts deduction this season.They are also reporing that they had sold just over 200 season tickets for this campain.


A little perspective is needed here.

yeah - there but for the grace of god go I :roll:


Where are you going? Away from your club once they hit hard times? :lol:

Re: SSN saying Coventry in Liquidation

Fri Aug 02, 2013 10:25 am

sad for Coventry, but weren't Glasgow Rangers liquidated? ;)

Re: SSN saying Coventry in Liquidation

Fri Aug 02, 2013 10:26 am

Blue_Always wrote:
RhonddaBluebird93 wrote:Coventry City Ltd go into liquidation.

Coventry the CLUB havent


People desperate for a club to go under in order to look themselves in the mirror at night and say 'i'm red but i had no choice mun'

Not desperate, people say we're a laughing stock but Coventry are on their way to League 2 when they ain't even based in Coventry. We are Cardiff City in the Premier League in Cardiff.

Re: SSN saying Coventry in Liquidation

Fri Aug 02, 2013 10:28 am

I was here (a Cardiff City fan) long before you were born sonny so don't intend going anywhere I'm Cardiff City to the core. We were perilously close to the situation Coventry are in now, its no laughing matter a football club is often the heart of a community I feel so so sorry for Coventry fans. I hope they can be rescued

Re: SSN saying Coventry in Liquidation

Fri Aug 02, 2013 10:35 am

ihatealiens wrote:I was here (a Cardiff City fan) long before you were born sonny so don't intend going anywhere I'm Cardiff City to the core. We were perilously close to the situation Coventry are in now, its no laughing matter a football club is often the heart of a community I feel so so sorry for Coventry fans. I hope they can be rescued


Rescued? They aren't going under, why are you constantly ignoring this? Guilty consience?

Re: SSN saying Coventry in Liquidation

Fri Aug 02, 2013 10:38 am

Blue_Always wrote:
ihatealiens wrote:I was here (a Cardiff City fan) long before you were born sonny so don't intend going anywhere I'm Cardiff City to the core. We were perilously close to the situation Coventry are in now, its no laughing matter a football club is often the heart of a community I feel so so sorry for Coventry fans. I hope they can be rescued


Rescued? They aren't going under, why are you constantly ignoring this? Guilty consience?

Their in liquidation mate they need a sugar daddy to rescue them and stick them in a red kit -they be ok then :laughing6:

Re: SSN saying Coventry in Liquidation

Fri Aug 02, 2013 10:38 am

I think it's similar to the Leeds saga if not worse where they had to accept a points deduction. It's a new company I assume. Ends all hopes of returning to Coventry for the time being

Re: SSN saying Coventry in Liquidation

Fri Aug 02, 2013 10:43 am

Cult of Personality wrote:I think it's similar to the Leeds saga if not worse where they had to accept a points deduction. It's a new company I assume. Ends all hopes of returning to Coventry for the time being

Ends all hopes(for the time being) Classic :lol:

Re: SSN saying Coventry in Liquidation

Fri Aug 02, 2013 10:46 am

Cult of Personality wrote:I think it's similar to the Leeds saga if not worse where they had to accept a points deduction. It's a new company I assume. Ends all hopes of returning to Coventry for the time being

at best its a points deduction, a fire sale of all players, all assets in the hands of an appointed receiver i.e club has a zero worth value. So almost certainly a drop down to the 2nd division with every chance of going out of the Football League altogether. At worst Coventry City will cease to exist. Time will tell but sad days for our fellow football fans in Coventry, I feel for them :ayatollah:

Re: SSN saying Coventry in Liquidation

Fri Aug 02, 2013 11:54 am

Blue_Always wrote:
RhonddaBluebird93 wrote:Coventry City Ltd go into liquidation.

Coventry the CLUB havent


People desperate for a club to go under in order to look themselves in the mirror at night and say 'i'm red but i had no choice mun'


As far as stupid comments go, this is right up there with the best/worse of them.

Re: SSN saying Coventry in Liquidation

Fri Aug 02, 2013 12:03 pm

Could have a 25-30 point deduction. :shock:

Re: SSN saying Coventry in Liquidation

Fri Aug 02, 2013 12:04 pm

Yes we could have easily been in their situation ( liquidation).
We need to be grateful for what we got.

Re: SSN saying Coventry in Liquidation

Fri Aug 02, 2013 12:20 pm

I'm sure a lot of their fans would swap playing in red (investment) for their current predicament. Could so easily have been us. Cheers Tan.

Re: SSN saying Coventry in Liquidation

Fri Aug 02, 2013 12:23 pm

toshacks_1_tales wrote:I'm sure a lot of their fans would swap playing in red (investment) for their current predicament. Could so easily have been us. Cheers Tan.


Plenty of Pompey fans who wouldn't, either. :thumbup: