SISU Are No Good For Our Club - KCIC

Last updated : 27 April 2014 By KCIC
With safety guaranteed, we can breathe a sigh of relief and congratulate Steven Pressley and the team who against the odds have avoided relegation and along the way provided some real highlights this season – Moussa’s spectacular late, late equaliser at Preston being a personal favourite.
 
With safety guaranteed it’s also time for KCIC to speak out, having listened very carefully to what the majority of fans are saying.

 
SISU Are Not Good For Our Club - well someone's got to say it!
 
  • SISU’s priority is its own profits, not the team and fans
  • CCFC is a worthless asset, saddled with millions of pounds of debt owed to the sisu family of companies
  • No one has a right to a return on their investment - the value of investments can go down as well as up
 
A Positive Future
 
  • Amidst the doom and gloom we have to be clear what we want: success on the pitch, financial stability off it and the interests of the team and fans to come first
  • SISU can never deliver that positive vision because their priority is their own profit
  • We would be better off owning the Ricoh but SISU cannot be trusted to act in the best interests of the team and fans
  • There is no guarantee that another rich owner would be any better than sisu or all the others we have had for the best part of 20 years
  • The only people who can be trusted to put the interests of the team and fans first are Coventry City Football Club supporters
 
SISU Need To
 
  • Move on to investments where they might make some money
  • Write off Coventry City FC as a bad investment and unsaleable
  • Hand Coventry City FC over to the fans and write off debts owed to the sisu family of companies (and remember to do proper due diligence in future!) – fans setting up a Community Interest Company is dead easy
 

We Can Then
 
  • Work with co-investors who share our vision of success on the pitch, financial stability off it and the team and fans as the priorities
  • Return us immediately to the Ricoh on the basis of the last offer made by ACL (and God help them if they tried to stand in the way of a fan-led ownership team)
  • Take as long as is needed to hammer out a long-term deal on the Ricoh Arena that serves the interests of our Club and doesn’t rip off council tax payers

 
So let’s...
 
  • Fight for our Club
  • Fight for a better future
  • Fight to be pro team and pro fan, not be pro sisu/acl
 
And make our voice heard loud and clear in saying:
 
Suck It Up Sisu. You made a bad investment, you have no right to a return on it – give us back our Club and move on!
 
 
PUSB!