As I said before, Red Bull denied it... apparently. I would have thought that, the whole point of red Bull taking a club over would be to get it on the cheap and build it up. They are a sports and media company, not rich sheiks with nothing better to do. They try and make a profit out of their investments, which seem to be well thought out. If there is a stadium clause, they will now about it.
Investment on the Horizon? (9 Viewers)
- Thread starter Malaka
- Start date
As I said before, Red Bull denied it... apparently. I would have thought that, the whole point of red Bull taking a club over would be to get it on the cheap and build it up. They are a sports and media company, not rich sheiks with nothing better to do. They try and make a profit out of their investments, which seem to be well thought out. If there is a stadium clause, they will now about it.
dongonzalos
Well-Known Member
Fair comment I don't mind.
This was a good thread with a tiny glimmer of hope to be fair.
trevelfarandwide
Well-Known Member
I bet the Red Bull executives took one look at the actual SISU/Otium accounts and made a hasty exit from the meeting...best fake smiles, but with astonished panic in their eyes. Cheap to buy in an initial outlay of course, but far too much financial mess/misappropriation when you scrape the surface; I sincerely hope they could take a gamble on CCFC, but it'd be a very, very large investment on Red Bull's part and an monumental gamble. We can but hope.
Sky Blue Kid
Well-Known Member
They're talking about West Ham not CCFC mate.
trevelfarandwide
Well-Known Member
Ah right, that's what I get for not reading back a few pages...strange that so many are debating West Ham investment. :-/
chiefdave
Well-Known Member
There were rumours, pretty much started on here and with no basis, that Red Bull might try and buy us but it is now being said that they have approached West Ham.
robbiekeane
Well-Known Member
You said force the club into administration to hopefully get new owners. My question is why does administration mean new owners? Didn't they just buy themselves out last time? Isn't it more likely that by fans not going the budget will just be slashed and slashed over and over again until we're non league?
Skyblueweeman
Well-Known Member
Is there any expertise amongst the fan base to approach potential investors? Does the SBT have people on board who could put something together to take to potential investors?
Enough of all this 'who's to blame' bollocks. Everything is for sale for the right place. Some sort of plan needs to be put in place by people with some business nous about them, that can be taken to people with contacts.
Someone needs to find out from Wasps/ACL about long term viability at the Ricoh (as much as that pains me....), understand from CCC about the training ground implications and then approach those with pennies about investment potential. I'd imagine some plan would include the following:
* Brief history of CCFC
* Current synopsis of where we currently are
* Current issues (ground agreement, academy, training ground, disenchanted/fragmented fan base)
* Potential ground solutions (Long term deal with ACL, Something at BPA, ANOther site)
* Potential training ground solutions (Redevelop Ryton, Warwick Uni, ANOther site)
* Potential academy solutions (Joint usage with Wasps, Warwick Uni, ANOther site)
* Fanbase - attendances overviews, regional demographics, fan base potential, marketing opportunities
* SBITC - Promoting the good work already done in the community
* Sponsorship & Marketing opportunities - Are there local companies that might invest with new owners? What do these opportunities look like? What could be gained from them in terms of renewed fan interest/financial investment into the club.
* Finances - what sort of investment is needed and what would something like promotion back to the Championship bring in terms of RoI?
All just thinking of the top of my head but if we assume there's nothing else on the horizon (I'm still backing Malaka by the way...), then something needs to be done rather than continually arguing who is at fault. Someone needs to take the lead to look for new owners/investors.
Right now we're sat on our arses doing fuck all but whinging. There comes a time when a plan is needed. That time looks like being now if Malakas rumour comes to nothing.
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Enough of all this 'who's to blame' bollocks. Everything is for sale for the right place. Some sort of plan needs to be put in place by people with some business nous about them, that can be taken to people with contacts.
Someone needs to find out from Wasps/ACL about long term viability at the Ricoh (as much as that pains me....), understand from CCC about the training ground implications and then approach those with pennies about investment potential. I'd imagine some plan would include the following:
* Brief history of CCFC
* Current synopsis of where we currently are
* Current issues (ground agreement, academy, training ground, disenchanted/fragmented fan base)
* Potential ground solutions (Long term deal with ACL, Something at BPA, ANOther site)
* Potential training ground solutions (Redevelop Ryton, Warwick Uni, ANOther site)
* Potential academy solutions (Joint usage with Wasps, Warwick Uni, ANOther site)
* Fanbase - attendances overviews, regional demographics, fan base potential, marketing opportunities
* SBITC - Promoting the good work already done in the community
* Sponsorship & Marketing opportunities - Are there local companies that might invest with new owners? What do these opportunities look like? What could be gained from them in terms of renewed fan interest/financial investment into the club.
* Finances - what sort of investment is needed and what would something like promotion back to the Championship bring in terms of RoI?
All just thinking of the top of my head but if we assume there's nothing else on the horizon (I'm still backing Malaka by the way...), then something needs to be done rather than continually arguing who is at fault. Someone needs to take the lead to look for new owners/investors.
Right now we're sat on our arses doing fuck all but whinging. There comes a time when a plan is needed. That time looks like being now if Malakas rumour comes to nothing.
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ccfc92
Well-Known Member
Don't particularly see any rows? Just discussion about the clubs finances. Which IS directly linked to investment.
I'm sure as soon as something is posted about investment, that proves or disproves the OP, we will all be talking about it.
ccfc92
Well-Known Member
Spot on WM.
The only key question, is what's for sale? As we all know the club is in pieces due to the cloak and dagger finances.
shmmeee
Well-Known Member
We could do a lot of that, The biggest sticking point would be the finances and contracts. Only those involved know the details and it would be the first question from any investor.
Skyblueweeman
Well-Known Member
That's where the final section would be important. Putting together a document like this, you need to almost tell the story throughout (including the shit stuff at the start - transparency and all that) and then at the end, paint a picture about the potential riches that await a successful football club.
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Skyblueweeman
Well-Known Member
Yeah, agreed. That's why putting something like this together wouldn't be a one person job. You'd need expertise in all areas. Someone with OSBs knowledge of accounts would be crucial for said section.
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dongonzalos
Well-Known Member
Do you really need me to explain what the last administration was and what happened?
Compared to one where SISU say we can't afford to keep this going in the direction it is. The administration value of the club is dropping and dropping. Let's put it into administration.
(Sorry moff just answering a direct question)
When thinking of new owners the 3 Cs come to mind....
In the good old days we assessed people who wanted to borrow money according to:
Character
Capital
and Capability
If they don't fit, we shouldn't be talking to them.
SISU would have failed that test on point 1.
Skyblueweeman
Well-Known Member
We need to get something to take to potential owners before we look at who we take it to. Agreed though.
letsallsingtogether
Well-Known Member
It's on its wayAnyway, back on topic........... where is this investment
Senior Vick from Alicante
Well-Known Member
Is this sarcasm or insider knowledge?It's on its way
It's on its way
I remember you had heard something before but sisu rejected it was it last year? If you know something please share
Astute
Well-Known Member
It isn't their fault that you only have a small cock.
cloughie
Well-Known Member
If I remember he was forced to sell it by sisu or sky blue sports and leisure. But who ever he was forced to sell it against his investment with which he lost prozone
Sky Blue Kid
Well-Known Member
He was forced to hand it over to SISU
cloughie
Well-Known Member
He was forced to hand it over to SISU
That's what I thought but couldn't be bothered with the abuse that would go against the grain of it was ALL Ranson's fault
...........errr the councils ...no hang on The Higgs Charity, wasps
Now it's the fans fault.
Obviously no mirrors at sisu headquarters then
letsallsingtogether
Well-Known Member
Well I have been told on here numerous times that there is still money in the kitty that TM never spent so there some for a start.
Apparently we had a top 6 budget, why else would TM have stayed in the first place.
?
Is he still a share holder? How much are his shares worth if he is? I thought he lost money when he left... but I'm not sure
Sky Blue Kid
Well-Known Member
It has emerged that when the new look board announced that Sisu had injected £5m to stave off administration last season, it was the money realised from the sale of Prozone that was pumped back into the club and not new money from the owners.
The sports performance analysis company Prozone was founded by former Coventry City chairman Ray Ranson. Sky Blue Sport and Leisure, the company formed by Sisu and Ranson to run Coventry City became the parent company of Prozone.
Prozone was a profitable part of the company, making around £0.5m a year, but was sold to raise capital earlier in the year to the French based company Sport Universal Process for between £4 and £5m.
Last season, with the club losing an estimated £0.5m a month and edging toward either liquidation or administration, Sisu decided to sell off one of the only assets the holding company had to raise cash to ward of a collapse of the club.
It is understood that the money realised from the sale of Prozone was pumped back into the club, but has already been used.
The sports performance analysis company Prozone was founded by former Coventry City chairman Ray Ranson. Sky Blue Sport and Leisure, the company formed by Sisu and Ranson to run Coventry City became the parent company of Prozone.
Prozone was a profitable part of the company, making around £0.5m a year, but was sold to raise capital earlier in the year to the French based company Sport Universal Process for between £4 and £5m.
Last season, with the club losing an estimated £0.5m a month and edging toward either liquidation or administration, Sisu decided to sell off one of the only assets the holding company had to raise cash to ward of a collapse of the club.
It is understood that the money realised from the sale of Prozone was pumped back into the club, but has already been used.
Nick
Administrator
You mean like people doing worshipping actions at Joe Elliott?
If Fisher left tomorrow and said something about SISU, his status would change.
Sky Blue Kid
Well-Known Member
It makes you wonder why some people still make excuses for SISU....... Just for balance of course.
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Grendel
Well-Known Member
No one is - or indeed individuals who hawked them from club to club so they could use the club for their own money making purposes.
skybluetony176
Well-Known Member
Yeah. From prick to still a prick.
Sky Blue Kid
Well-Known Member
Would you like to "Phone a friend".... "Go 50-50".... or "Ask the audience" for the answer?
Generally Midfield
Well-Known Member
To avoid being relegated doesn't require millions of pounds major investment but the team does needs strengthening asap. The only people who can do that are sisu. At sixfields wasn't it said a few times that sisu have deep pockets so why not avoid dropping into Division 4 cos the current team has relegation written all over it.