Transfer embargo lifted. (4 Viewers)
- Thread starter StevieM
- Start date
dongonzalos
Well-Known Member
Grendel
Well-Known Member
No one has forgotten but it is a new season. We have no alternative do we have to hope this time they get it right. Time to talk possible new signings and have a little bit of optimism.
Grendel
Well-Known Member
Other than last season when the cost cutting measures were too extreme there really has been little difference in them to prior owners. The wasteful profligacy of the fletcher years was suicide and the hatchet McGinnity took to the squad and successive managers was hardly an example of excellent leadership. We have been sliding and without optimism for years. Perhaps this year may be a little different who knows?
1
1940 oldfive
Guest
with large holes:claping hands:
coundonskyblue
New Member
<p>
People complain about mcginnity & I can understand their reasons.
Just remember though he took on a club with debts of £60m, introduced cost cutting measures and got that debt down by about £40m.
Sisu introduced far more severe cost cutting measures than mcginnity yet managed to reduce the debt by 0.
I didn't like mcginnity at the time, and its clear he knew nothing about football, but as a Businessman he could teach sisu a lot.
People complain about mcginnity & I can understand their reasons.
Just remember though he took on a club with debts of £60m, introduced cost cutting measures and got that debt down by about £40m.
Sisu introduced far more severe cost cutting measures than mcginnity yet managed to reduce the debt by 0.
I didn't like mcginnity at the time, and its clear he knew nothing about football, but as a Businessman he could teach sisu a lot.
Grendel
Well-Known Member
Which may explain his decision to bullet the only 2 decent managerial prospects we had in this league.
LeamingtonBootBoy
New Member
I thought we were debt-free, no overdraft (only team in the Championship) etc etc....according to Raymondo....or was he just bullshitting????:jerkit:
Brighton Sky Blue
Well-Known Member
Even under the man who 'only cares for his SISU paycheck'?
Brighton Sky Blue
Well-Known Member
The club's debts were settled by a loan from SISU which has ballooned since.
covcity4life
Well-Known Member
best rebuttle ever
Astute
Well-Known Member
The loan was from wonga not SISU. Not a problem, just 4358% apr
Brighton Sky Blue
Well-Known Member
Just don't talk to him about Beowulf.
oldskyblue58
CCFC Finance Director
Sorry but McGinnity was appointed 16/03/94 when the CCFC Holdings Group had net assets at £1.3m he left 10/01/08 when the CCFC Holdings Group had net liabilities of £43m. Hardly a ringing endorsement.
Grendel
Well-Known Member
Even the clueless one want need to hide in the cellar next season BSB. That eye for talent will allow him to sign 5 or 6 players of real talent that I am sure will mean a reasonable season ahead.
If we do make that many signings I think we will at least be mid table (top 6 if he goes).
Grendel
Well-Known Member
Morning valient how are you?
oldskyblue58
CCFC Finance Director
The clever thing for the club to do would be to put up a summary of the 2011 accounts on their website together with a bit of commentary and details of the issues as to why it has taken so long. The accounts will be available at Co House soon anyway so will be public soon.
Actually communicate, explain, reach out to the fans .......... not holding my breath on that though
Actually communicate, explain, reach out to the fans .......... not holding my breath on that though
