Joy Seppala at the U16s final (1 Viewer)

[KenilworthSkyBlue]

If we take the emotions out of it; I don’t know how many assets and businesses SISU have in their portfolio but previously like you said, Joy’s attendance/appearances was sparse and we were just left with occasional appearances from her stooge Fisher.

Now her asset (our football club) is on an upward projection and showing signs of being a potential top Championship/PL team, the organ grinder (Joy) has appeared, given interviews and now is far more vocal… it’s just the way business works - just their asset/business is our football club.

Positives:
- if Joy has more engagement with the club, she’s far more likely to sign off investment in the players/club.
- the academy staff would have been overjoyed that they had interest and attendance from a top boss at the club at a game. No doubt they would have squeezed into convo what will help them achieve further
- Joy is taking the time to understand the club personally from top to bottom. Which shows engagement or she’s thinking about future planning
- We don’t have to see the odious toad Tim Fisher any more

I know there will be some people who still want to shout abuse at Joy et al on sight but that’s achieved nothing for us and they can’t change the past sadly. Also, for all the decent people we have at the football club to succeed, they need her engagement/investment until the day SISU and Joy sell up.

The fundamental flaw with your statements is that you believe Joy's lack of attendance has been synonymous with her avoiding associating herself with the club altogether.

She'd have a full understanding of how the club operates, she always has done. She'd likely be briefed at least once a month or at the very latest once a quarter and of course at the start and end of every season - this wouldn't have changed throughout her entire tenure regardless of the club's success on the pitch.

The relationship with Robins perhaps gives him increased manoeuvrability with funds from player sales as he's earned her trust on that, but that would likely be the furthest she'd go with regards to being 'far more likely to sign off investment in the players/club'. The lack of signings in the recent January window pretty much proves that.

 

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[robbiekeane]

The losses are not the thing to look at because they are to a great degree created by the interest that is not actually paid out and to a lesser degree the amortisation of player contracts.

The metric everyone should measure them by is cash flow. Basically that tells you the sources of monies actually coming in or going out. But don't focus on the one year because monies get held back or held back monies get spent the following year for specific purposes

Those cash flows which are available on sbs&l financials and clearly show the monies put in and taken out each year by the owners.

Over the last few years with MR to 2021 if taken in total those cash flows show the owners have not put net physical cash in to ccfc.

The "investment " in players is solely down to the player trading that has been done not new funds from the owners

That’s for that clarification. So does this mean that, if cash flow is the measure to focus on, that we are in fact now a sustainable, self sufficient club?

 

[Saddlebrains]

No, what lessons have been learnt?

-Don't alienate the fans
-Ensure we keep hold of our best manager since Jimmy
-Communicate more with the fans
-Don't gamble the clubs future on a pop at the prem because they've seen how that turned out
-We have a deal now that is the best weve ever had at the Ricoh, not paying fucking 1.3 Mill a year just to use it 1 day a fortnight
- Pretty sure they'll never move us again considering they've seen the backing we get on a regular basis at this level


I know this makes me look a SISU apologist. I'm not. I wont forget what happened, none of us will, but we are stuck with them. Unless some billionaire wants us, or we fluke a promotion, they wont go anywhere, so what does it achieve for us to argue amongst ourselves or still give them bile?

On top of that we all know Coventry City Council are massive pricks in all this, remember the documents?, openly courting Wasps before Sixfields even happened, signing heads of terms for the Ricoh to be purchased by SISU then reneging on the agreement for a London Rugby Team to take the place, on top of the £1.3 Million a year rent they hamstrung us with.

They didn't have a fucking clue how to run a football club, and tbh they still don't seem too, but they're giving it a hell of a lot better go than the first 9 years of their tenure

 

[Grendel]

You have no idea though and as someone who knows a lot it’s very interesting and I wonder why his opinion has changed and what he means by making all the right moves

His opinion will have changed as the club has had success on the pitch and has raised a high proportion of transfer revenue over the last few seasons. This will have in itself allowed the club to fund additional activity and structures

The club pretty much pulled the plug in the L1 relegation season. The checkatrade selling of a couple of assets and then promotion the next season permitted it

If we’d have been knocked out by Notts County we’d have seen a very different future

 

[SkyblueDad]

we were just left with occasional appearances from her stooge Fisher.
Positives:
- We don’t have to see the odious toad Tim Fisher any more

But he is still here you have to ask why ? what does he do ? In my opinion he should have been kicked out ages ago but JS chooses not to, what hold does he have ?

 

[Grendel]

-Don't alienate the fans
-Ensure we keep hold of our best manager since Jimmy
-Communicate more with the fans
-Don't gamble the clubs future on a pop at the prem because they've seen how that turned out
-We have a deal now that is the best weve ever had at the Ricoh, not paying fucking 1.3 Mill a year just to use it 1 day a fortnight
- Pretty sure they'll never move us again considering they've seen the backing we get on a regular basis at this level


I know this makes me look a SISU apologist. I'm not. I wont forget what happened, none of us will, but we are stuck with them. Unless some billionaire wants us, or we fluke a promotion, they wont go anywhere, so what does it achieve for us to argue amongst ourselves or still give them bile?

On top of that we all know Coventry City Council are massive pricks in all this, remember the documents?, openly courting Wasps before Sixfields even happened, signing heads of terms for the Ricoh to be purchased by SISU then reneging on the agreement for a London Rugby Team to take the place, on top of the £1.3 Million a year rent they hamstrung us with.

They didn't have a fucking clue how to run a football club, and tbh they still don't seem too, but they're giving it a hell of a lot better go than the first 9 years of their tenure

Just one of your points - we don’t know how much we are paying to play there - Sisu we’re happy to pay a million to play at St Andrew’s on a far reduced income

 

[Sky Blue Pete]

I do have an idea though as her way of operating hasn't changed.

The way she runs the club severely impacts its ability to succeed long-term in this division. That isn't a debate.

Like a previous poster has said BD may have inside knowledge to the club. but you are sorely mistaken if you think that equates to me hanging onto his every word.

Unless there is tangible evidence to suggest her operating model has changed and SISU aren't bottlenecking the club by attaching high interest onto the loans it injects then my opinion won't change.

Lol you are just walking around going la la la whilst shouting. You show your prejudice by not even being willing to listen. No one hangs on his every word you muppet

 

[Saddlebrains]

Just one of your points - we don’t know how much we are paying to play there - Sisu we’re happy to pay a million to play at St Andrew’s on a far reduced income

And it worked didn't it? Were back, on a deal that's openly been stated by Boddy, Robins, everyone, as the best weve ever had. Plus we won a league during the time we were away.

St Andrews was completely different to sixfields. Wasps kicked us out, we didn't choose to go

 

[Sky Blue Pete]

His opinion will have changed as the club has had success on the pitch and has raised a high proportion of transfer revenue over the last few seasons. This will have in itself allowed the club to fund additional activity and structures

The club pretty much pulled the plug in the L1 relegation season. The checkatrade selling of a couple of assets and then promotion the next season permitted it

If we’d have been knocked out by Notts County we’d have seen a very different future

If my mother had wheels she’d have been a bike again. Come on you can do better than that. I don’t think better days or sky blue believer or insider are only focused on success and you’re not the only person who is concerned about more than just success on the pitch. Happy about robins new contract?

 

[KenilworthSkyBlue]

Just one of your points - we don’t know how much we are paying to play there - Sisu we’re happy to pay a million to play at St Andrew’s on a far reduced income

Well I wouldn't go as far to say happily. They were forced to because they mistakenly believed that most clubs would house them during the exodus.

There were multiple clubs that outright refused to have us.

 

[Grendel]

And it worked didn't it? Were back, on a deal that's openly been stated by Boddy, Robins, everyone, as the best weve ever had. Plus we won a league during the time we were away.

St Andrews was completely different to sixfields. Wasps kicked us out, we didn't choose to go

Well Boddy openly stated that but that was far more related to match day income.

Boddy also when at Newport claimed credit for a fantastic deal that it seems the club can’t afford to renew

I think it’s safe to say neither side wanted to play ball and have had to come to an arrangement - there is no doubt wasps had to get the income abs the football club couldn’t afford the increasing losses.

 

[KenilworthSkyBlue]

Lol you are just walking around going la la la whilst shouting. You show your prejudice by not even being willing to listen. No one hangs on his every word you muppet

I'm not shouting. You're just not liking what I'm saying because my points don't align with your wholly distorted POV.

 

[Grendel]

Well I wouldn't go as far to say happily. They were forced to because they mistakenly believed that most clubs would house them during the exodus.

There were multiple clubs that outright refused to have us.

Yes caring sharing Joy fancied Burton didn’t she? Perhaps she wanted a brewery tour

 

[Grendel]

If my mother had wheels she’d have been a bike again. Come on you can do better than that. I don’t think better days or sky blue believer or insider are only focused on success and you’re not the only person who is concerned about more than just success on the pitch. Happy about robins new contract?

The accounts don’t lie - they are not opinions they are signed off documents

 

[KenilworthSkyBlue]

Yes caring sharing Joy fancied Burton didn’t she? Perhaps she wanted a brewery tour

Yeah I believe that was Plan B. At least the rent would've been cheap.

 

[oldskyblue58]

That’s for that clarification. So does this mean that, if cash flow is the measure to focus on, that we are in fact now a sustainable, self sufficient club?

In terms of cashflow yes pretty much. In 2021 accounts they kept back 2.4m so they could pay out during the following year. That money was accumulated by restricting the playing budget.

As such it means at 31/05/21 at least the owners did need to put funds in to keep the club going and the club could meet its liabilities.

Each year end they will try to keep a pot back to pay up coming liabilities

Btw I am not critical of the way the club arranges its operations. I also think, though I don't agree with , some of the historical stuff was very clever. It damn near worked, the stubbornness that was associated was unforgiveable though.

As for Seppala having to come to Coventry to check on things financially is a little thin. Access to all she needs to know can be done remotely and I am certain she has staff doing that including her trusted associate who is also a director of sbs&l . But she can access at any time herself I am sure.

From the filing mistake we know there are management charges paid by Otium each year - that i would think would be from the services provided by SISU

Surely her visit yesterday was about renewal of MR contract.

 

[Mcbean]

Too distracted by the badly advised leather trousers to focus on joy (fwiw, I can't see why we should be knocking her for attendance, even if she doesn't merit a round of applause. Can't see the point in biting the hand that feeds)

Leather !!! - that’s never seen an animal

 

[Earlsdon-Loyal-Blue]

The fundamental flaw with your statements is that you believe Joy's lack of attendance has been synonymous with her avoiding associating herself with the club altogether.

She'd have a full understanding of how the club operates, she always has done. She'd likely be briefed at least once a month or at the very latest once a quarter and of course at the start and end of every season - this wouldn't have changed throughout her entire tenure regardless of the club's success on the pitch.

The relationship with Robins perhaps gives him increased manoeuvrability with funds from player sales as he's earned her trust on that, but that would likely be the furthest she'd go with regards to being 'far more likely to sign off investment in the players/club'. The lack of signings in the recent January window pretty much proves that.

I don’t know how many assets SISU own or have in their portfolio but I think we can all agree our club wasn’t in her top 3 assets/accounts.

 

[Grendel]

I don’t know how many assets SISU own or have in their portfolio but I think we can all agree our club wasn’t in her top 3 assets/accounts.

I think it probably was

 

[KenilworthSkyBlue]

I don’t know how many assets SISU own or have in their portfolio but I think we can all agree our club wasn’t in her top 3 assets/accounts.

It's very difficult to say. It's clearly one that has caused her the biggest headache.

I have contacts that see her socially and even they don't know what's in her portfolio. She's an incredibly private person.

 

[Grendel]

It's very difficult to say. It's clearly one that has caused her the biggest headache.

I have contacts that see her socially though and even they don't know what's in her portfolio. She's an incredibly private person.

I would think in terms of number of employees strategic requirements etc it would have been bigger than most Assets - certainly would have taken far more time

 

[Broken Hearted Sky Blue]

It's amazing how many people on here are dead set in not changing their minds.

You’re correct two things I where I won’t change my mind, the club I support and this person

 

[Evo1883]

Say no more

 

[robbiekeane]

In terms of cashflow yes pretty much. In 2021 accounts they kept back 2.4m so they could pay out during the following year. That money was accumulated by restricting the playing budget.

As such it means at 31/05/21 at least the owners did need to put funds in to keep the club going and the club could meet its liabilities.

Each year end they will try to keep a pot back to pay up coming liabilities

Btw I am not critical of the way the club arranges its operations. I also think, though I don't agree with , some of the historical stuff was very clever. It damn near worked, the stubbornness that was associated was unforgiveable though.

As for Seppala having to come to Coventry to check on things financially is a little thin. Access to all she needs to know can be done remotely and I am certain she has staff doing that including her trusted associate who is also a director of sbs&l . But she can access at any time herself I am sure.

Surely her visit yesterday was about renewal of MR contract.

Interesting to know though that we are in fact financially self sufficient and sustainable from a cash flow perspective. I bet not a lot of clubs can say that (without sugar daddy cash injections).

Obviously it relies on player trading but I think that’s the reality and the only way you can run a club without a rich sugar daddy

 

[Sky Blue Pete]

I'm not shouting. You're just not liking what I'm saying because my points don't align with your wholly distorted POV.

Not at all and this isn’t about my opinion it’s about a person that has changed their opinion and stated the club are doing all the right things. This person has inside knowledge from somewhere and if we’re happy to hear his thoughts on injuries and signings and contracts then his opinion is interesting to me and it should be to you and others. I disagree with your opinion that nothings changed and that’s ok you are deaf to better days and you don’t even know what he thinks on this as he’s not answered

 

[Sky Blue Pete]

The accounts don’t lie - they are not opinions they are signed off documents

We aren’t talking accounts though are we? You may be and that’s ok. We know we have different opinions what we are talking about is why better days has changed his thoughts and what makes him think the club are making all the right decisions. You think it’s just based on the pitch I don’t. It’s not rocket science

 

[Sky Blue Harry H]

Leather !!! - that’s never seen an animal

Arguably a cow's arse !

 

[Skybluemichael]

In terms of cashflow yes pretty much. In 2021 accounts they kept back 2.4m so they could pay out during the following year. That money was accumulated by restricting the playing budget.

As such it means at 31/05/21 at least the owners did need to put funds in to keep the club going and the club could meet its liabilities.

Each year end they will try to keep a pot back to pay up coming liabilities

Btw I am not critical of the way the club arranges its operations. I also think, though I don't agree with , some of the historical stuff was very clever. It damn near worked, the stubbornness that was associated was unforgiveable though.

As for Seppala having to come to Coventry to check on things financially is a little thin. Access to all she needs to know can be done remotely and I am certain she has staff doing that including her trusted associate who is also a director of sbs&l . But she can access at any time herself I am sure.

Surely her visit yesterday was about renewal of MR contract.

But how do they manage to keep money back when revenue were £11.8m and a wage bill of £13.2m

 

[Grendel]

We aren’t talking accounts though are we? You may be and that’s ok. We know we have different opinions what we are talking about is why better days has changed his thoughts and what makes him think the club are making all the right decisions. You think it’s just based on the pitch I don’t. It’s not rocket science

Well then the in the know people considered it a good strategy to move the club for a second time and that was a right decision

 

[Grendel]

Interesting to know though that we are in fact financially self sufficient and sustainable from a cash flow perspective. I bet not a lot of clubs can say that (without sugar daddy cash injections).

Obviously it relies on player trading but I think that’s the reality and the only way you can run a club without a rich sugar daddy

Well - they were and still I would assume are - putting short term loans in so not really

 

[KenilworthSkyBlue]

Not at all and this isn’t about my opinion it’s about a person that has changed their opinion and stated the club are doing all the right things. This person has inside knowledge from somewhere and if we’re happy to hear his thoughts on injuries and signings and contracts then his opinion is interesting to me and it should be to you and others. I disagree with your opinion that nothings changed and that’s ok you are deaf to better days and you don’t even know what he thinks on this as he’s not answered

What's changed in your view then? You're more than willing to shoot down my opinion yet rarely give one of your own.

The club is currently stable largely thanks to Robins and Boddy who have worked in tandem to ensure that the failings of the past aren't repeated.

SISU keeping out of the day-to-day operations of the club is largely what's helped facilitate the recent success.

The accounts suggest that operationally on their side nothing has changed and Robins and the backroom staff are still heavily constrained in what they can feasibly do which consistently puts us at a significant disadvantage season after season.

BD has inside knowledge yes, but as I've stated I know a number of boardroom attendees who have close ties to Dave, Tim and Joy, so I'd wager they know as much about Joy as he does - if not more.

 

[SlowerThanPlatt]

We aren’t talking accounts though are we? You may be and that’s ok. We know we have different opinions what we are talking about is why better days has changed his thoughts and what makes him think the club are making all the right decisions. You think it’s just based on the pitch I don’t. It’s not rocket science

His info is from one player at the club and that’s been fairly obvious for a while

 

[Sky Blue Pete]

Well then the in the know people considered it a good strategy to move the club for a second time and that was a right decision

In hindsight maybe. Never a good idea to move outside the city unless the alternative was to cease to exist

 

[Sky Blue Pete]

His info is from one player at the club and that’s been fairly obvious for a while

Ok

 

[Briles]

Holding a grudge is like taking poison and hoping the other person dies.

People should just enjoy the football now.