Thoughts (1 Viewer)

oldskyblue58

CCFC Finance Director
First day back to posting today and have been catching up on things following a hip replacement two weeks ago. Hopefully the two weeks resting have allowed me to stand back a little and look at things. I have read a lot of the stuff on here and have some thoughts to share.

I think the over riding thing is that nothing has really changed either on here or at the club on the pitch or off it. Not this season not from what i can see in the immediate future either. I do not see next season being other than more of the same

I got to see a recording of the Peterborough game, was going to say good fortune to see but really it wasnt, not a good start to recuperation. The team is fragile, lacks belief and confidence, doesnt have sufficient strength physically or mentally, lacks leaders. But there is a lack of speed, physically but more importantly in decision making, in moving the ball. But is that so very different to many seasons recently

Is the playing side down to TM and his management team - well in part yes you would have to say so. There are some glaring omissions certainly but that doesnt mean he hasnt moved heaven and earth to try to fix those things. To think we are the only ones that can see these weaknesses is a bit arrogant. The difference is we dont have to work with the budget. Yes he has made some bad choices, made some bad decisions, over the season these tend to balance out and the team finds its level. Yes TM is human just like any other manager has good periods and bad periods.

This argument about staying positive. "we have to stay positive, support the team" Well thats ok so long as the team wins when it starts to struggle then such thinking can become a millstone creating unrealistic expectations by the fans. Failure, angst, irritation, counter productive support becomes a driving force to further disappointment. No I am not saying it is the fans fault (far from it) but at the start of the season there was no real belief in most of promotion. Not struggling, challenging at the top half i would suggest was the realistic hope. In the end this and many seasons before it becomes a bi polar event good times followed by ultimate failure - thats the character of CCFC and can hardly be pinned on TM's past record. Failure is engrained in to CCFC

Hope. Isnt that what has been battered from us over the decades of failure. But also we turn up and the team hopes to win....... other teams turn up believing that the minimum they can get is a draw and the better teams believe they will win, they can taste it. Thats not something new

Then I read the latest from the SCG. Please what do these well intending people actually achieve. They cant even get the date on the minutes right. They still comment on things at the stadium as if the club owns it do they not realise that the club controls very little at the stadium and the only way many of the SCG ideas get in to fruition is if CCFC sign off spending money they can not afford , they fail to challenge what they are told, they accept what they are told, they claim to represent the fans and yet rarely consult them or ask fans questions.

Going though those last minutes.
- The Trust presentation on transport deferred who or what wasnt available. When was the Trust consulting on this with fans in any case? Season nearly over so likely any suggestions may well die with it
- balloons on pitch cost clubs money. Cup finals must be costly then. What about beach balls?. Some of that paragraph comes over a bit jobs worth
- The youth forum is not going to suddenly happen it will take time but do youngsters really want to sit round a table in a formal setting to discuss things. Yes do it but do it in a way that youngsters engage with - that means lots of social networking online (but that has dangers of course). But that is how the kids connect, let them connect with the club that way
- car parking. Seems there are faults on both sides but surely this reflects that this no longer our ground. Some of the behaviour of a few fans would seem to be well out of order
- Ticketing. This has been a problem all season and still not resolved. CA says he will consult with the scg on the tickets then goes on to say they will announce in three weeks - so no consultation then ! just words. CCFC wont be setting their own system they will be buying one in so why the continued problems. Deal with it. The season tickets I wonder how many will renew and at what price. If Blackpool can work out a two year deal why is it too difficult for CCFC to do so (we have done it before) Season ends 8th May used to run early bird till end of June didnt they?
- wasnt aware the Club had a consumer credit licence to renew. They havent had one for years. So how did it get renewed. we were told they couldnt get one because Otium was a new company. Think the rules say if no interest charged they could have operated a pay as you go scheme.
- the important questions were listed but not answered. From what has gone before i wont hold my breath to seeing those replied to properly or fully.

Now the reason I went through all that was to highlight a growing feeling that in essence nothing has changed under the new guy Anderson. No real answers and "information" that doesnt join up dots. We are still being told what they want to us to hear or perhaps more importantly what they think will keep us quiet a bit longer. There is no effective way for the fans to challenge anything and the media dont dig for answers

As for a change of heart by SISU. Please wake up they havent. Their focus is as has always been the case on the off field, their investors. They havent suddenly focusssed on the team, they are focussed on their cashflow and not spending more of it on CCFC. The decision they have made is that the club gets no more money invested but has to rely on its own efforts. That means it finds its own level in the Football League. Ask how does lack of finance match fans expectations especially after initial success. The budget is apparently over spent and only the sale of Maddison I assume has kept them out of FL embargo or penalty. With attendances lower than needed then week by week the benefit of Maddisons sale decreases.

As I said nothing has really changed just the pot has been stirred around. Players will come and go, thats a given, one year contracts are normal at L1 or below, Yougsters will be pinched for a few dollars more because of the Premiership deal and we cant compete - hell we cant even fund the JSB's as a club. Managers will win some lose some then get fired. Nothing really changes or starts to change until the club commits to something long term whatever that is.......... but is that likely at the moment, i fear not

Sorry if that is a ramble through things ..... must be my meds kicking in ..... but i think it should make sense :laugh:
 

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italiahorse

Well-Known Member
Nicely put OSB.

We don't seem to be given anything we can look forward too.
I'm waiting for the season ticket renewals to start but have the feeling I will get the same again next year.

I just want to see some realistic long term commitment by the club, be it a genuine new stadium or the Ricoh.
The fans are tearing each other apart arguing both ways.

I don't see a new stadium as a realistic short/medium term option.
I see Wasps developing the stadium and I want us to commit medium/long term and go along and be part of it.
I can't see how this can happen with all JR1 tailoring off and JR2 in the pipeline.

I see mutual benefits for both clubs being at the stadium.

The SCG seems a joke.
Surely the items going into the issues log should be progressed and reported.
It seems they are raised, entered into the log and forgot.

I have a lot of disabled colleagues who's issues I have tried to feed in to the club..
I've had lots of emails mainly in response to me asking for an update.
The latest (months ago now) from J Strange says he will feed in but no idea what happened.
I even offered my services to the club FOC if required to coordinate for the disabled but again on deaf ears.

I will renew my season ticket but I know it's money down the drain again.
 

Grendel

Well-Known Member
Regardless of all of the above it is still galling that a team with one of the smallest budgets if all is going to get promoted.

The strategy this year has been to put more emphasis on a management team and back room structure. It's still failed.

The manager is the most experienced in the league. Sisu and it's investors must really think it's a funny old game. The club was top of the league with a strong manager and supporting staff and yet still it fails.
 

Wheelfass

Well-Known Member
First day back to posting today and have been catching up on things following a hip replacement two weeks ago. Hopefully the two weeks resting have allowed me to stand back a little and look at things. I have read a lot of the stuff on here and have some thoughts to share.

I think the over riding thing is that nothing has really changed either on here or at the club on the pitch or off it. Not this season not from what i can see in the immediate future either. I do not see next season being other than more of the same

I got to see a recording of the Peterborough game, was going to say good fortune to see but really it wasnt, not a good start to recuperation. The team is fragile, lacks belief and confidence, doesnt have sufficient strength physically or mentally, lacks leaders. But there is a lack of speed, physically but more importantly in decision making, in moving the ball. But is that so very different to many seasons recently

Is the playing side down to TM and his management team - well in part yes you would have to say so. There are some glaring omissions certainly but that doesnt mean he hasnt moved heaven and earth to try to fix those things. To think we are the only ones that can see these weaknesses is a bit arrogant. The difference is we dont have to work with the budget. Yes he has made some bad choices, made some bad decisions, over the season these tend to balance out and the team finds its level. Yes TM is human just like any other manager has good periods and bad periods.

This argument about staying positive. "we have to stay positive, support the team" Well thats ok so long as the team wins when it starts to struggle then such thinking can become a millstone creating unrealistic expectations by the fans. Failure, angst, irritation, counter productive support becomes a driving force to further disappointment. No I am not saying it is the fans fault (far from it) but at the start of the season there was no real belief in most of promotion. Not struggling, challenging at the top half i would suggest was the realistic hope. In the end this and many seasons before it becomes a bi polar event good times followed by ultimate failure - thats the character of CCFC and can hardly be pinned on TM's past record. Failure is engrained in to CCFC

Hope. Isnt that what has been battered from us over the decades of failure. But also we turn up and the team hopes to win....... other teams turn up believing that the minimum they can get is a draw and the better teams believe they will win, they can taste it. Thats not something new

Then I read the latest from the SCG. Please what do these well intending people actually achieve. They cant even get the date on the minutes right. They still comment on things at the stadium as if the club owns it do they not realise that the club controls very little at the stadium and the only way many of the SCG ideas get in to fruition is if CCFC sign off spending money they can not afford , they fail to challenge what they are told, they accept what they are told, they claim to represent the fans and yet rarely consult them or ask fans questions.

Going though those last minutes.
- The Trust presentation on transport deferred who or what wasnt available. When was the Trust consulting on this with fans in any case? Season nearly over so likely any suggestions may well die with it
- balloons on pitch cost clubs money. Cup finals must be costly then. What about beach balls?. Some of that paragraph comes over a bit jobs worth
- The youth forum is not going to suddenly happen it will take time but do youngsters really want to sit round a table in a formal setting to discuss things. Yes do it but do it in a way that youngsters engage with - that means lots of social networking online (but that has dangers of course). But that is how the kids connect, let them connect with the club that way
- car parking. Seems there are faults on both sides but surely this reflects that this no longer our ground. Some of the behaviour of a few fans would seem to be well out of order
- Ticketing. This has been a problem all season and still not resolved. CA says he will consult with the scg on the tickets then goes on to say they will announce in three weeks - so no consultation then ! just words. CCFC wont be setting their own system they will be buying one in so why the continued problems. Deal with it. The season tickets I wonder how many will renew and at what price. If Blackpool can work out a two year deal why is it too difficult for CCFC to do so (we have done it before) Season ends 8th May used to run early bird till end of June didnt they?
- wasnt aware the Club had a consumer credit licence to renew. They havent had one for years. So how did it get renewed. we were told they couldnt get one because Otium was a new company. Think the rules say if no interest charged they could have operated a pay as you go scheme.
- the important questions were listed but not answered. From what has gone before i wont hold my breath to seeing those replied to properly or fully.

Now the reason I went through all that was to highlight a growing feeling that in essence nothing has changed under the new guy Anderson. No real answers and "information" that doesnt join up dots. We are still being told what they want to us to hear or perhaps more importantly what they think will keep us quiet a bit longer. There is no effective way for the fans to challenge anything and the media dont dig for answers

As for a change of heart by SISU. Please wake up they havent. Their focus is as has always been the case on the off field, their investors. The decision they have made is that the club gets no more money invested but has to rely on its own efforts. That means it finds its own level in the Football League. The budget is apparently over spent and only the sale of Maddison I assume has kept them out of FL embargo or penalty. With attendances lower than needed then week by week the benefit of Maddisons sale decreases.

As I said nothing has really changed just the pot has been stirred around. Players will come and go, thats a given, one year contracts are normal at L1 or below, Yougsters will be pinched for a few dollars more because of the Premiership deal and we cant compete - hell we cant even fund the JSB's as a club. Managers will win some lose some then get fired. Nothing really changes or starts to change until the club commits to something long term whatever that is.......... but is that likely at the moment, i fear not

Sorry if that is a ramble through things ..... must be my meds kicking in ..... but i think it should make sense :laugh:
Phew!!!!:thinking about:
 

skybluetony176

Well-Known Member
We have got one thing going into next season that we haven't had for a long long time. Stability. And an already.. Two things going into next season we haven't had in a while. A predetermined game plan.

The teams who people keep saying they're performing like we should with less blah blah blah almost without exception have stability and are in a long term game plan. Neither of which we've been blessed with for season upon season. Any others have just got lucky, something else we haven't possessed for season upon season.

So we're leaving one season which arguably has been one of our best since dropping down to this league and entering the preseason with a predetermined game plan and stability for the first time in a long time ahead of the next season. Who knows, next season we might make our own luck. Here's hoping.
 

italiahorse

Well-Known Member
We have got one thing going into next season that we haven't had for a long long time. Stability. And an already.. Two things going into next season we haven't had in a while. A predetermined game plan.

The teams who people keep saying they're performing like we should with less blah blah blah almost without exception have stability and are in a long term game plan. Neither of which we've been blessed with for season upon season. Any others have just got lucky, something else we haven't possessed for season upon season.

So we're leaving one season which arguably has been one of our best since dropping down to this league and entering the preseason with a predetermined game plan and stability for the first time in a long time ahead of the next season. Who knows, next season we might make our own luck. Here's hoping.

Next season we start again from square one.
It's all about the players and we don't know who most of them will be.
 

ccfcway

Well-Known Member
We should have changed our manager at the end of Dec

didn't do Burton any harm :sarcasm:
 

skybluetony176

Well-Known Member
Next season we start again from square one.
It's all about the players and we don't know who most of them will be.

Do we bollocks. He's already signed some players for next season, six kid's offered pro terms today I believe from the academy, we also have MV in place unlike this time last season so we can say with some degree of certainty that more is already happening behind the scenes ahead of next season than this time last year.

This time last year we didn't even know who our manager was going to be or which league we would be playing in.

We're currently enjoying our longest period of stability and knowing what's coming next for a long time. Will that automatically bring us success next season? Who knows. One thing for sure. The recent trend of instability hasn't brought us success so stability has got to be worth a go for a change.
 

Grendel

Well-Known Member
Do we bollocks. He's already signed some players for next season, six kid's offered pro terms today I believe from the academy, we also have MV in place unlike this time last season so we can say with some degree of certainty that more is already happening behind the scenes ahead of next season than this time last year.

This time last year we didn't even know who our manager was going to be or which league we would be playing in.

We're currently enjoying our longest period of stability and knowing what's coming next for a long time. Will that automatically bring us success next season? Who knows. One thing for sure. The recent trend of instability hasn't brought us success so stability has got to be worth a go for a change.

Are you the woman Italia keeps referring to?

Lovers tiff?
 

chiefdave

Well-Known Member
I think the over riding thing is that nothing has really changed either on here or at the club on the pitch or off it.

The more things change the more they stay the same. Seems like things on the pitch have reverted to normal.

The SCG needs a big shake up, don't think that's any secret. Problem is its a turkeys voting for Xmas scenario. There are some on there who like having their feet under the table and aren't going to give up that position easily. The trust seems to have all become a bit stagnant. Think they were looking for new blood but nobody seemed to put themselves forward.

As for Anderson, still undecided on him. He talks the talk but we've been there before. What we need is to see some action. Hopefully over the summer we'll start to see that.
 

italiahorse

Well-Known Member
Do we bollocks. He's already signed some players for next season, six kid's offered pro terms today I believe from the academy, we also have MV in place unlike this time last season so we can say with some degree of certainty that more is already happening behind the scenes ahead of next season than this time last year.

This time last year we didn't even know who our manager was going to be or which league we would be playing in.

We're currently enjoying our longest period of stability and knowing what's coming next for a long time. Will that automatically bring us success next season? Who knows. One thing for sure. The recent trend of instability hasn't brought us success so stability has got to be worth a go for a change.

I don't agree. But I admire your positivity.
 

skybluetony176

Well-Known Member
Are you the woman Italia keeps referring to?

Lovers tiff?

Sorry honey, not me. Have you missed me? Sorry I had a busy day at work today. I'd ask you if you did but it took me about 10 minutes to find a new post that wasn't yours. Oh to have the responsibility of your pay grade. If I take a pay cut maybe I'll have as much spare time on my hands as you. Six figures my arse.
 

Moff

Well-Known Member
As for a change of heart by SISU. Please wake up they havent. Their focus is as has always been the case on the off field, their investors. They havent suddenly focusssed on the team, they are focussed on their cashflow and not spending more of it on CCFC. The decision they have made is that the club gets no more money invested but has to rely on its own efforts. That means it finds its own level in the Football League. Ask how does lack of finance match fans expectations especially after initial success. The budget is apparently over spent and only the sale of Maddison I assume has kept them out of FL embargo or penalty. With attendances lower than needed then week by week the benefit of Maddisons sale decreases.

As I said nothing has really changed just the pot has been stirred around. Players will come and go, thats a given, one year contracts are normal at L1 or below, Yougsters will be pinched for a few dollars more because of the Premiership deal and we cant compete - hell we cant even fund the JSB's as a club. Managers will win some lose some then get fired. Nothing really changes or starts to change until the club commits to something long term whatever that is.......... but is that likely at the moment, i fear not

This is what I dont understand OSB. As SISU's focus is on investors, and it is happy to let it find its own level, then if that is mid table League one, then how does that recoup any cash?

In the long term it will lead to lower attendances, less cash flow through tickets, car parking, merchandise, in stadium etc, possible leading to them having to put their hands in their pockets again, which is exactly what they are trying to avoid. If not its an Embargo, and yet more failure on the pitch and so forth, leading to the potetial of never getting any money back for the club. Surely this would be exactly what SISU dont want as all their cash, will be lost forever.

I am totally confused as failure for us means failure for their investment, so what is the endgame?

(Its so depressing)
 

chiefdave

Well-Known Member
This is what I dont understand OSB. As SISU's focus is on investors, and it is happy to let it find its own level, then if that is mid table League one, then how does that recoup any cash?

It doesn't recoup them any cash. But it means they can hold on to the club indefinitely without putting more money in hoping something happens like someone making them a silly offer.
 

mark_ccfc

Well-Known Member
This is what I dont understand OSB. As SISU's focus is on investors, and it is happy to let it find its own level, then if that is mid table League one, then how does that recoup any cash?

In the long term it will lead to lower attendances, less cash flow through tickets, car parking, merchandise, in stadium etc, possible leading to them having to put their hands in their pockets again, which is exactly what they are trying to avoid. If not its an Embargo, and yet more failure on the pitch and so forth, leading to the potetial of never getting any money back for the club. Surely this would be exactly what SISU dont want as all their cash, will be lost forever.

I am totally confused as failure for us means failure for their investment, so what is the endgame?

(Its so depressing)

You forgot the court case. They have set the team up to not lose money while they try to hang the council and wasps out to dry. Once all that is finished they will sell up.
 

Gazolba

Well-Known Member
<snip>

We're currently enjoying our longest period of stability and knowing what's coming next for a long time.<snip>

I'm not seeing the stability you are seeing. We may have the same manager and owners. We know what's coming next? Please tell us.
We have very little idea what our team will look like next season. We know at least half of them will be gone including our best player, our talisman, our top goalscorer and our brightest prospect. We'll still be playing at a ground we don't own and wearing some form of sky blue, maybe that's the stability you mean.
 

skybluetony176

Well-Known Member
I'm not seeing the stability you are seeing. We may have the same manager and owners. We know what's coming next? Please tell us.
We have very little idea what our team will look like next season. We know at least half of them will be gone including our best player, our talisman, our top goalscorer and our brightest prospect. We'll still be playing at a ground we don't own and wearing some form of sky blue, maybe that's the stability you mean.

Depends on what you count as stability I guess but this is the first time in a long time I've seen us building for the following season before the current season end's and that's for very basic reasons. We now have a scouting network, we're not in a relegation fight so we know what league we'll be in next season and unlike last season we know who the manager and his back room staff will be next season. Simple things we couldn't enjoy this time last year. The year before it was the uncertainty of where we'd be playing home games and the year before that it was the uncertainty of where we'll be playing home games and the uncertainty of administration.

Where CCFC is concerned this is the most stable we've been for a good long time and at this club that measures as stability.
 

albatross

Well-Known Member
OSB some good points well made.

On the playing side we have definitely made progress. last season we avoided relegation on the last day of the season. Today with half a dozen games left we are safe and have an outside chance of making the payoffs. At the start of the season I hoped that on the last day of the regular season we may have a chance to finish Sixth but we are likely to fall short of that. We may even see some exciting new talent over the next couple of weeks without the fear of relegation Please remember it took Alex Ferguson nearly four years to win anything with Manchester United and he was not constricted by budget or players looking at bigger clubs. So at the end of the season we will have made progress on the field and we should stick with Mowbray, over the last 10 years the club has never tried consistency just the constant revolving door. So at the end of the season the stats will show on the field progress.

I still believe that the biggest threat to the club are SISU our owners. They owe their first , second and last duties to their shareholders and investors not to CCFC or the supporters. CCFC is simply an asset to them with which they hope to get a pay day from the council or government through the courts. If they do , SISU will get their cash (it won't come to the club) and they will probably move on. Until this is sorted we will continue to struggle as it provided their narrative for claims for substantial damages and losses, but the club needs to at least limp along without costing any more they cant lose the club or the debt at this point

If they are successful then I believe that CCFC will have the debt (or a large part) written off and SISU then have a very saleable asset . An underperforming league one club, debt free with a £100k stadium rental deal and a break-even attendance figure somewhere between 11 and 14k. Given the support a winning CCFC could generate it would look quite attractive.

If they don't then not too sure of the outcome.
 
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Calista

Well-Known Member
It doesn't recoup them any cash. But it means they can hold on to the club indefinitely without putting more money in hoping something happens like someone making them a silly offer.

Yes. For Joy, Coventry City Football Club is like a tatty old Premium Bond tucked away in the back of her kitchen drawer. She gave someone £40 million for it on a drunken night out, and now the only thing she can do is hope that its number comes up, even though the odds are vanishingly slim.
 

Moff

Well-Known Member
You forgot the court case. They have set the team up to not lose money while they try to hang the council and wasps out to dry. Once all that is finished they will sell up.

Youre right I had forgotten the Court case.

Even so they are not gauranteed to win, and if they did they may never recoup the money they have invested in the club. After all that the club will still be worth a pittance, so I just cant understand their inability to see that for them to make the club viable and a saleable assett it needs some success.

To be honest I cant believe they have ever earned anything for their investors as they seem the most imbecilic muppets, and so unprofessional, that I imagine most poeple wouldnt want to go near them.
 

Calista

Well-Known Member
I'm not seeing the stability you are seeing. We may have the same manager and owners. We know what's coming next? Please tell us.
We have very little idea what our team will look like next season. We know at least half of them will be gone including our best player, our talisman, our top goalscorer and our brightest prospect. We'll still be playing at a ground we don't own and wearing some form of sky blue, maybe that's the stability you mean.

Genuine question :)

Is that 4 different players, or were you just referring to Adam Armstrong?
 

Moff

Well-Known Member
It doesn't recoup them any cash. But it means they can hold on to the club indefinitely without putting more money in hoping something happens like someone making them a silly offer.

Are they over optimistic or just stupid?
 

oldskyblue58

CCFC Finance Director
just like to say I hope all has gone well with your hip and you have a speedy recovery ,all the best

Thanks for that :) - everything going well, on crutches but progressing every day
 

oldskyblue58

CCFC Finance Director
Regardless of all of the above it is still galling that a team with one of the smallest budgets if all is going to get promoted.

The strategy this year has been to put more emphasis on a management team and back room structure. It's still failed.

The manager is the most experienced in the league. Sisu and it's investors must really think it's a funny old game. The club was top of the league with a strong manager and supporting staff and yet still it fails.

I can fully understand that Grendel.

No we wont go up this season but the basis for the early success was built pretty much on sand, Yes TM and his management team take some responsibility for that, or more accurately for not correcting it sooner (if at all). Teams like Burton have a smaller budget (Wigan certainly dont) but they had a solid basis to build from, they had momentum built on stability on and off the pitch. They had an experienced competitive squad to build on that had been there done it. We had kids that (a) were always going to run out of steam (b) didnt have the physicality(c) played a style of football that was always going to suffer on heavier pitches. Yes TM needed to deal with all that and I think he would admit that he hasnt. Not arguing that he has got it right - he hasnt -but I do think it will take longer than one season to make the changes he is trying to make

However it is not like the owners have said we are really going for it this season and here are the funds to back it. No they basically said get success and that will get more income because the crowds will be bigger but we dont have extra funds to put in. Yes there was an extra £750k loan put in but that was to cover committed cash flow not investment. A third of that money at least has been taken back out.

Yes the management team apparently dealt with the budget, but we are now told to break even we needed 3000 more tickets sold per match. Hard to believe the owners didnt know what was going and didnt react to it. Easier to hide behind the manager or someone else - not exactly a new tactic

but yes another year of frustration, and partly due to TM but not entirely, its more complicated than that.
 

oldskyblue58

CCFC Finance Director
This is what I dont understand OSB. As SISU's focus is on investors, and it is happy to let it find its own level, then if that is mid table League one, then how does that recoup any cash?

In the long term it will lead to lower attendances, less cash flow through tickets, car parking, merchandise, in stadium etc, possible leading to them having to put their hands in their pockets again, which is exactly what they are trying to avoid. If not its an Embargo, and yet more failure on the pitch and so forth, leading to the potetial of never getting any money back for the club. Surely this would be exactly what SISU dont want as all their cash, will be lost forever.

I am totally confused as failure for us means failure for their investment, so what is the endgame?

(Its so depressing)

Got to look at it away from the football team Moff. CCFC are a failed investment and the owners have basically parked it in a state where it has to support itself. SISU are a private equity fund and specialise in losses, I doubt they do not have a method to benefit from the losses accumulated so is the "loss" on investment really as big as the owners state (in terms of real cash flow we know it isnt). Take out the tax relief and the hit might not be so big.

In addition the nature of the owners is to take a high level of risk with their investments because thats where the big rewards are. They will win some lose some.

So long as the club funds itself then the hit they take on on investment they almost certainly value at zero is?

What that means for the club is another thing. At its worst it could mean more failure and sinking lower. More likely it will mean L1 stagnation. Yes is a chance that an experienced management team could build a team to challenge even get promoted but the over riding impression i get is that the club is being allowed to float to its own position in the league and everything will be cut to match that level of income. Yes the sale of the odd gem may make a temporary difference but it wont consistently drive success as those gems can slip through our fingers due to the Premiership deal with the FL

Presently SISU retain the club because in my opinion it under pins the court cases and the high risk strategy to gain compensation and reward that way.
 
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Sky Blue Kid

Well-Known Member
Got to look at it away from the football team Moff. CCFC are a failed investment and the owners have basically parked it in a state where it has to support itself. SISU are a private equity fund and specialise in losses, I doubt they do not have a method to benefit from the losses accumulated so is the "loss" on investment really as big as the owners state (in terms of real cash flow we know it isnt). Take out the tax relief and the hit might not be so big.

In addition the nature of the owners is to take a high level of risk with their investments because thats where the big rewards are. They will win some lose some.

So long as the club funds itself then the hit they take on on investment they almost certainly value at zero is?

What that means for the club is another thing. At its worst it could mean more failure and sinking lower. More likely it will mean L1 stagnation. Yes is a chance that an experienced management team could build a team to challenge even get promoted but the over riding impression i get is that the club is being allowed to float to its own position in the league and everything will be cut to match that level of income. Yes the sale of the odd gem may make a temporary difference but it wont consistently drive success as those gems can slip through our fingers due to the Premiership deal with the FL

Presently SISU retain the club because in my opinion it under pins the court cases and the high risk strategy to gain compensation and reward that way.

In your opinion OSB58, if SISU lose the JR's(multiple) Do you think they will cut their losses and a) Run. b)Liquidate. c) sell, taking in mind CCFC is all debt ridden?
 

oldskyblue58

CCFC Finance Director
not a decision that is close SBK because even if they lose this current round of court cases that wont be the end of it in my opinion.

so it is not clear what they will do but i would think the last thing they would do is to liquidate
 

Ashdown

Well-Known Member
Do we bollocks. He's already signed some players for next season, six kid's offered pro terms today I believe from the academy, we also have MV in place unlike this time last season so we can say with some degree of certainty that more is already happening behind the scenes ahead of next season than this time last year.

This time last year we didn't even know who our manager was going to be or which league we would be playing in.

We're currently enjoying our longest period of stability and knowing what's coming next for a long time. Will that automatically bring us success next season? Who knows. One thing for sure. The recent trend of instability hasn't brought us success so stability has got to be worth a go for a change.

Tony mate, what did you say your surname was ?
 

Ashdown

Well-Known Member
not a decision that is close SBK because even if they lose this current round of court cases that wont be the end of it in my opinion.

so it is not clear what they will do but i would think the last thing they would do is to liquidate

It's a pathetic outlook again though for fans who have been through the mill again since November. A whole mish mash of player changes, more of the same old bollocks rolled out from Joy to sell ST's, this Anderson is just another highly paid puppet stuck out front like all the others...........and in the meantime our illustrious owners prepare more court action.
 

shy_tall_knight

Well-Known Member
I still think a part of their strategy is to hoping to get a billionaire to buy the club for £20m. Highly unlikely to happen but I'm sure its discussed as potential outcomes to rid themselves of this loss making investment. More likely is another couple of years of court c ases apeals etc..and whilst that won't justify poor relative performances considering the budget it helps explain the negative feel about the club despite there being a better season than expected.
 

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