A Championship Club, how long will it take? (10 Viewers)
- Thread starter edgy
- Start date
Sky_Blue_Daz
Well-Known Member
2 seasons to be established and a couple of years in and around the top 10
jonathan makin
Active Member
Difficult question-with our current ownership/financial situation we’re never gonna have huge £££££‘a thrown at us like some Championship clubs have over the past few years. Doesn’t always guarantee success though ie. Derby etc. There seems to be a gap emerging between Lge 1 & the Championship just like between the Prem & the Championship. Clubs newly promoted to the Championship now just want to survive the first season which 6 or 8 years ago maybe wasn’t the case.
Will we ever become a “comfortable” long term Championship side like say QPR etc. ??? Does such a thing exist-both Derby & Sheffield Weds have been in Championship playoffs in the past 5 or 6 years-both are in the relegation scrap this season...
Will we ever become a “comfortable” long term Championship side like say QPR etc. ??? Does such a thing exist-both Derby & Sheffield Weds have been in Championship playoffs in the past 5 or 6 years-both are in the relegation scrap this season...
Grendel
Well-Known Member
To put it bluntly the hapless shower that own the club have a proper cohesive strategy for even the medium term rather than the half arsed ground control strategy they are currently pushing
skybluesam66
Well-Known Member
Hopefully the answer is never, as after a 2 season stay we will be asking the same question about the premier league
Another 34 years there should do (and by then I will be fertilizing the daisies
)
Another 34 years there should do (and by then I will be fertilizing the daisies
)
Paxman II
Well-Known Member
I still believe SISU will orchestrate their departure and sell up while in the championship. They will help MR's in this transfer window where they can to be certain of staying up, otherwise a drop down again will destroy their hopes of ever getting out. Consolidate this season and next season, if we are not looking like contenders the club will be sold imho.
Grendel
Well-Known Member
Lol they’ve nothing to sell the club is worth £1
Paxman II
Well-Known Member
I'll remind you of that Grendel when they sell.
Grendel
Well-Known Member
How much is it worth then?
SlowerThanPlatt
Well-Known Member
The only thing there is to sell is the clubs name, we don’t own anything else
Goodwill, a good fan base, status in the 2nd tier, a strong academy, and a few players whose contracts could be sold. But it's certainly not the return on investment they would have hoped. That's one reason I believe they are actually moving forward with the stadium (unless they somehow prevail or end up with the Ricoh lease). The ultimate goal is a return to their investors and that won't happen without a stadium or promotion to the premier league.
Wyken Sky Blue
Well-Known Member
It'll take about three seasons to become established.
But until we own our own stadium we will never prosper and will constantly be in the bottom half of the table unless we fluke a promotion which was their aim in the first instance.
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But until we own our own stadium we will never prosper and will constantly be in the bottom half of the table unless we fluke a promotion which was their aim in the first instance.
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AFCCOVENTRY
Well-Known Member
Sisu won’t sell. Joy is enjoying the sky blue express in recent years.
Brighton Sky Blue
Well-Known Member
The exit strategy has had nothing to do with league position for almost 10 years. Just increasingly desperate efforts to nick the Ricoh and now this revived talk of building a ground which would still likely end up being levied on the club were it ever to materialise. Nobody will buy a club with nowhere to play and no hope of owning a ground, much less when SISU will also expect at least some of their loans repaid as part of the deal.
Terry Gibson's perm
Well-Known Member
I still see us as a premier league club (or whatever it’s called now) we are just having a little break after 30 odd years.
skybluesam66
Well-Known Member
Grendel come on
Playing squad probably £15m
Championship club + Coventry city name and fan base + £10m
Get planning permission and then round it off to £ 30m
Playing squad probably £15m
Championship club + Coventry city name and fan base + £10m
Get planning permission and then round it off to £ 30m
Esoterica
Well-Known Member
Now we've seen the standard across this division it seems a lot less intimidating than it did at the point of promotion. Even with our low budget, our settled structure and clear recruitment policy mean we are already competing with teams who might have bigger budgets but are spending it with a more short term view. There are plenty of (relatively) average teams in the division that it won't take a huge amount to be competitive with.
Of course some of those average teams will also get it right but between newly promoted teams, relegated teams in free fall and other teams being average through manager churn, crazy owners, spunking their budgets etc I think we have enough to be looking up the table rather than down.
Staying up this year is crucial so that we get another summer transfer window to improve on the current squad. We are of course heavily reliant on the recruitment team. One bad transfer window where we sell a star and don't use the money wisely and we can quickly be in trouble. That risk should diminish though with every passing window.
Of course some of those average teams will also get it right but between newly promoted teams, relegated teams in free fall and other teams being average through manager churn, crazy owners, spunking their budgets etc I think we have enough to be looking up the table rather than down.
Staying up this year is crucial so that we get another summer transfer window to improve on the current squad. We are of course heavily reliant on the recruitment team. One bad transfer window where we sell a star and don't use the money wisely and we can quickly be in trouble. That risk should diminish though with every passing window.
Grendel
Well-Known Member
Our last balance sheet shows negative £20m assets over liabilities
Grendel
Well-Known Member
I assume this is a joke
Will stopping up mean our “budget” will be increased. As I see it our problem to getting higher up the football ladder is how this club is currently run. Due to our poor financial position enhanced by this ridiculous on going ground situation which pre-pandemic was losing the club (business) over a quarter of a million quid each home GAME that’s over six million quid down the drain, leaving us financially hamstrung. We have loan players vital to our current first team structure who have to be replaced every season before we replace any others who are sold. How can you build a squad bonded together with team spirit etc that way.
But it’s now become engrained in supporters. One of the main topics on this website at the moment is how much will we get for Hamer and when, ffs! he’s only been here five minutes trouble is I’m certain Joy is saying/ thinking the same
team manager Robins will be lucky to get 10% of any transfer fee for team building in my opinion while our current owner is here. Hopefully there will be a tipping point and she sells and goes maybe a negative from this EU complaint
But it’s now become engrained in supporters. One of the main topics on this website at the moment is how much will we get for Hamer and when, ffs! he’s only been here five minutes trouble is I’m certain Joy is saying/ thinking the same
team manager Robins will be lucky to get 10% of any transfer fee for team building in my opinion while our current owner is here. Hopefully there will be a tipping point and she sells and goes maybe a negative from this EU complaint
HuckerbyDublinWhelan
Well-Known Member
I saw us as a championship club the moment the EFL voted to curtail the season. We’re here on merit.
so literally or figuratively - we are a championship club.
so literally or figuratively - we are a championship club.
mark82
Super Moderator
What would give it value? You don't want them to build a ground, what could they do to add value to the club? Long term rental agreement?
Paxman II
Well-Known Member
There is value in the club of course. Goodwill of CCFC is important. It's not like you were buying a Sunday league club. Planning consent for a new stadium will in part have a lot to do with it, hence the strides in this direction recently and once we knew we were a championship club. Even if we agree a rental agreement and pecentage share at the Ricoh under new incoming owners, this will happen. If it was worth jus £1 grendel then why did an experienced banker offer much more on the back of a fag packet? the worth is not just in assets (of wwhich there are few atthis time) but earnings potential for this type of business.
Liquid Gold
Well-Known Member
Won't feel right until we can go to games and see proper away followings and visit decent stadiums.
robbiekeane
Well-Known Member
They have a strategy and I wouldn't call it short term...buy young promising players and sell for a profit and try to minimise losses. Whether you like it or not, it's a strategy.
I don't really see what the other option is other than someone get their chequebook out and either be happy to lose 10 million pounds a year funding a mid table championship club, or gamble 50 million on trying to get us to the promised land.
Don't really know what people want
fernandopartridge
Well-Known Member
Agree with this, we've incrementally improved the squad every window since 2017, even with notable departures like McNulty, Willis etc.
Grendel
Well-Known Member
The accounts show the club is worth (£20 million) you can blather on about goodwill but that is the reality and actually will I’m sure be far far worse in the next set of accounts.
Hoffman as I understand it offered very little and based most payments on future earnings
Londonccfcfan
Well-Known Member
It's worth whatever someone is willing to pay for it.
Debt is never an issue.
Every club, the biggest clubs in the world have 500 million in debt. Man United and Tottenham for example.
All other big clubs are 100s of millions in debt. Brighton 260m in debt.
Doesn't mean they are worthless.
Governments are trillions in debt.
Money makes money. How wealthy you are is as much about how much you can borrow and service the debt. Hence the credit rating agencys. Etc etc.
It's all about having an income to service our debt.
Last few years we are spending to our means. We have a value. That value is potential is a fan base. Can't buy a fan base even if it's divided at the moment.
skybluesam66
Well-Known Member
of course, because the liabilities are to the owners, and player growth is not on the balance sheet
nobody said they were going to make a profit. just that they would look to recoup some of their investment - which is more than £1
Grendel
Well-Known Member
The shares are worthless. The comparisons you make are not very relevant
Yes I’m sure he would or his consortium would, I have no opinion on Hoffman or anyone else but I reckon a bad Hoffman would be better for us than a good Joy Sepalla