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- Thread starter japandy
- Start date
Nonleagueherewecome
Well-Known Member
Have to assume that they want a stupid amount of money, though? Essentially for not much more than nothing.
Gosfordthommo2
New Member
We need to start a proper fund !
DazzleTommyDazzle
Well-Known Member
Andy- my comment from an earlier thread:
My view is that prospective purchasers have found SISU impossible to do an economically rational deal with. After all, SISU would be selling a loss-making company with no assets to speak of, so talk of SISU "getting their investment (whatever that may or may not be....) back" simply don't make any sense.
This is, I think, what TF was alluding to when he talked about "not selling at the bottom of the business cycle". The problem for SISU is that this nonsensical plan to move to Northampton will simply increase their losses, as revenues fall much much faster than any saving they may make on costs.
This is what makes people suspect that the plan is all a bluff designed to scare ACL/Council/Higgs into surrender, but as each day passes it appears that whether by accident or design, SISU are actually going to go through with it - after all, TF "doesn't bluff".
My view is that prospective purchasers have found SISU impossible to do an economically rational deal with. After all, SISU would be selling a loss-making company with no assets to speak of, so talk of SISU "getting their investment (whatever that may or may not be....) back" simply don't make any sense.
This is, I think, what TF was alluding to when he talked about "not selling at the bottom of the business cycle". The problem for SISU is that this nonsensical plan to move to Northampton will simply increase their losses, as revenues fall much much faster than any saving they may make on costs.
This is what makes people suspect that the plan is all a bluff designed to scare ACL/Council/Higgs into surrender, but as each day passes it appears that whether by accident or design, SISU are actually going to go through with it - after all, TF "doesn't bluff".
David Villa's just gone for 4mill. We could have chipped in for him!
covhead1
Well-Known Member
or.......lets buy Nothamptons ground and evict SISU, then they'll have to come to the Ricoh
Gosfordthommo2
New Member
or.......lets buy Nothamptons ground and evict SISU, then they'll have to come to the Ricoh
Now your talking !!
Before SISU Mark II bought us out they had the upper hand because they could outbid everyone because they were the main creditor. They won the bidding. Now they have ownership but they cannot ask stupid money because taking us into administration wrote off the debt. They are now in a position where the slate is clean.
Saying that, I am still unsure to follow SISU's CCFC. I am mystified as to the FA's acceptance of the situationwithout seeing a plan for a new stadium. If they had a plan and model for the new stadium alot more people would accept their existance. Fisher has to show us his next step so that we have something to get behind.
Saying that, I am still unsure to follow SISU's CCFC. I am mystified as to the FA's acceptance of the situationwithout seeing a plan for a new stadium. If they had a plan and model for the new stadium alot more people would accept their existance. Fisher has to show us his next step so that we have something to get behind.
DazzleTommyDazzle
Well-Known Member
I'm afraid not Andy.
I'm pretty sure that OSB has explained it far better than I ever could elsewhere on this forum - but the debt has been written off in CCFC Ltd, but will still exist in Holdings or Otium.
