SISU OUT March (5 Viewers)
- Thread starter WestEndAgro
- Start date
bawtryneal
Well-Known Member
So what is your solution ?
Nick
Administrator
But what does that actually mean?
You are shouting that nobody should go, but then moaning about no investment and things being sold off to cover things?
bawtryneal
Well-Known Member
I am not a SISU lover at all. I am a CCFC fan who only wants the best for my club
Whilst I totally agree that SISU have handled the whole ownership appallingly over the first 5 years, I now believe they are trying to remedy the situation.
However, it will be a very long process and probably will never recover.
The reason I posted earlier was to say there is no point demonstrating against SISU and damaging the playing budget unless there is a better plan. To my acknowledge there isn`t at this point and unlikely to be in the near future.
Nick
Administrator
It is blindingly obvious who it damages most when people will refuse to go to games etc. I am shocked that people can't see that, they then moan about the likes of Sheffield United signing loads of players and teams like Leicester or Norwich getting promoted from League 1.
fernandopartridge
Well-Known Member
Say NOPM achieves its stated aim,; at the end of the 2016/17 season SISU pull the plug and wind the club (Otium) up and ARVO or whoever takes possession of Ryton. All gate monies have been received at that point. The existing £100k p/a deal at the Ricoh is cancelled as Otium has been wound up.
What happens next?
What happens next?
Nick
Administrator
I think it means some fans will start up a club in the Cov Alliance and play football owners and try to pass it off as CCFC.
jimmyhillsfanclub
Well-Known Member
Lets hope fans favourite super Gary Hoffman hasn't spent his shiny pound coin yet....he once stood on a hill you know......what a hero.
bawtryneal
Well-Known Member
We would be debt free, unemcumbered from a whole tiered layer of companies based in the Cayman Islands. A consortium a la Pompey would assume control and we should have a level of transparency and honesty not seen in decades. A club run by people who understand the game and the fans requirements. Both Wasps and the Council would I expect be on board in helping the club strike new deals once the litigious scum are out of the picture. It wouldn't be perfect and fans would have to accept that investment would be limited but who knows what sort of investors could rear their heads in that scenario ?!
Nick
Administrator
So how would the fans get the "club" from SISU then or would it be a new club?
eastwoodsdustman
Well-Known Member
You can tell a man by his shoes, so the saying goes. He will never take the club over judging by the things he used to turn up in.
So you want the council and wasps to take over then wait for someone with more money? FFS
Covstu
Well-Known Member
Yes in the land of mystical unicorns and Elves and everything else made up..
skyblueelephant76
Well-Known Member
We wouldn't need investors, we'd need people prepared to put millions in that they are never ever likely going to get back. I don't see too many of those people around....
torchomatic
Well-Known Member
Ha, that's my favourite line. Money in place, is it? Not cheap running a club, you know.
Covstu
Well-Known Member
Maybe Pompey will buy us????
torchomatic
Well-Known Member
I've been there. Lovely it is. Children run through buttercup meadows and fish in the chocolate stream. Whilst above you the Jaffa Orange sun shines through the candy floss clouds.
Nick
Administrator
Would the fans group taking over have the money to cover the losses or would they do this by selling players / cutting costs on the wage bill? How would it work?
This is the thing, people asking questions like that will now be accused of wanting SISU to stay, loving them and defending them.
This is the thing, people asking questions like that will now be accused of wanting SISU to stay, loving them and defending them.
eastwoodsdustman
Well-Known Member
Judging by some of the regular flounces we have on here I reckon more than one 'fish in the chocolate stream'.
chiefdave
Well-Known Member
Pompey's supporters trust only got to takeover as the club was in administration and the administrator ignored offers from others. Even then it involved them doing a deal with a property developer (there's now a Tesco where the car park at Fratton Park used to be) and they got a 7 figure loan off the council.
Covstu
Well-Known Member
And wealthy investors are ready to give you free cash.....
eastwoodsdustman
Well-Known Member
As much as I love the football club, there is no way I'd remortgage my house to fund it. Especially with some of the chimps that would end up on the 'supporters board'.
Nick
Administrator
Remortgage your house to pay for a player's wage for a year. Imagine the rage when you see him not trying....
Broken Hearted Sky Blue
Well-Known Member
Must remember to present him with his campaign medal
Broken Hearted Sky Blue
Well-Known Member
Car park C to sainsburys that would be interesting
Nick
Administrator
More like LIDL.
Covstu
Well-Known Member
maybe we can use the cart that used to be our club shop in Tescos!!!!
Why are people talking about needing millions of pounds ? The club pretty much runs at break even, so as now you would just need the support of the fans and sponsors and normal revenue streams. The biggest problem would indeed be prizing SISU's hands off the club, but then why are they holding on to it..................
Oh and I didn't say anything about a takeover from Wasps or the council, just that they might actually want to deal with another entity owning the club.
Oh and I didn't say anything about a takeover from Wasps or the council, just that they might actually want to deal with another entity owning the club.
Nick
Administrator
So who covers the million pound losses?
ccfctommy
Well-Known Member
Why does everything come back to Wasps? They dont own my club.
What million pound losses ?? Pretty sure any losses now would only be because of SISU imposed administration charges ?! That and debt interest which under that { dream } scenario would be a thing of the past. It's all academic anyway because the scumbags have reasons to cling on to the club or they would have scrapped the project a few years ago.
fernandopartridge
Well-Known Member
We have no idea if the club breaks even. It has stated an intention to break even, but the last published accounts show more losses. Apparently SISU put some more money in last season, which suggests it is still not breaking even. If the gates decline again this season, it may struggle to break even again.