The administrators can then come in then we could all get our wish and sisu will feck off. Then if there are peole intrested in buying the club then they come in and run it their way. Just hope it happens this season as league two could be our fate if it happens next season.
I for one wouldn't mind admin (3 Viewers)
- Thread starter CCFCWALL
- Start date
TrueSkyBlueLiam
Member
There is still a vague chance of the play-offs, but i would take a 10 point deduction to get these c*nts out of our club
Sky Blue Pete
Well-Known Member
Yep which is why investors would be intrested
Seen somewhere that there are people intrested. And what clubs arent losing money nowodays
coundonskyblue
New Member
Exactly, no one has knocked on my door asking if they can buy my car. Does that mean I can never sell it?
Sky Blue Pete
Well-Known Member
It's a good point that but....... I think there is massive potential gain with all parties on the same page
italiahorse
Well-Known Member
There comes a point where administration is something I can understand.
This slow death is out my depth.
Go for it.
This slow death is out my depth.
Go for it.
stupot07
Well-Known Member
If anything it is more complicated - deal would have to be made with 3 parties ccfc, Higgs and the council, plus a long term commitment to regenerate the area.
coundonskyblue
New Member
At least we would have some hope with administration.
As things stand the club will cease to exist in a few years anyway.
As things stand the club will cease to exist in a few years anyway.
Otis
Well-Known Member
Fair point, but neither have the facilities and potential of the Ricoh Arena.
SkyblueBazza
Well-Known Member
4 parties...Compass?
Glaziers green top
New Member
A debt free club would encourage any potential buyers out of the woodwork
torchomatic
Well-Known Member
nor an excessively high rent or landlords that have the power to make or break a business.
I don't get all this about developing the land around the RIcoh. What is there to develop. There's already a massive retail complex. More hotels? Can the current climate sustain more businesses like that? Particularly when building large scale infrastructure projects doesn't seem to make much sense.
I don't get all this about developing the land around the RIcoh. What is there to develop. There's already a massive retail complex. More hotels? Can the current climate sustain more businesses like that? Particularly when building large scale infrastructure projects doesn't seem to make much sense.
Sky Blue Pete
Well-Known Member
Without anything I don't understand sisu's interest and with the poor relationships they have with the other parties they have nowhere to turn. Unless they feel they can turn things round by cutting costs and ..... Oh no that's been tried
Otis
Well-Known Member
Well, what I am talking about here is a new party being able to purchase the Ricoh, or at least a large share in it.
And as for the land, it has been widely reported before that it is the developing land where money is to be made.
coundonskyblue
New Member
As we have not paid any rent in nearly 12 months, and the rent is the cause of all our problems, this years accounts must be the healthiest in 20 years.
Colonel Mustard
New Member
But any buyer would need to first take on the responsibilities of the football club and then negotiate an acceptable price for the stadium and land with the council. In other words, heavy losses are guaranteed on the promise of long-term potential. Surely the only types of people interested in a proposition such as that would be, say, hedge funds ...
Grendel
Well-Known Member
Precisely right. That is why there is very little chance of it happening.
coundonskyblue
New Member
In that case the club is screwed is it not?
What is the point in even going anymore if it just on a downward spiral into the abyiss?
Grendel
Well-Known Member
The chance to survive is if our council behaves like hull Doncaster stoke etc and accepts the business model as is will never work and no one will invest before that change occurs.
coundonskyblue
New Member
But the club will still be losing millions a year even with zero rent and 100% income streams.
Do you not agree that Sisu's position on the rent would be much stronger if they sorted out the clubs other problems? If their only loss each year was due to the stadium would that not back up their argument?
Grendel
Well-Known Member
That would be impossible as I would say the vast majority of clubs lose money FFP rules in this league are focused on turnover. The club needs a far healthier balance sheet but its unlikely to make a profit.
Otis
Well-Known Member
The only way forwards I can see is that we employ a fantastic manager and are able to bring some gems through the academy etc.
Only forward way to go is to achieve promotion.
Do feel that could take as long as 5-10 years though and I am not sure the club has that in them to survive past another year or more.
coundonskyblue
New Member
This club has a track record of employing poor managers and selling the gems before they reach their potential. Unless that changes the only direction we will be going in is downwards.
skybluehugh
New Member
Sorry Coundon but unless things change very quickly, I see it happening by the end of this season. I just pray to God I am wrong and these cowboys sort it out.
coundonskyblue
New Member
No need to be sorry, I would rather it happen quickly!
Its coming anyway so lets get it over with.
RichieGunns
New Member
I think the main sticking point to any potential investors is SISU.
No one wants to deal with them because they know it's futile.
SISU want their investment back and they'll do anything to accomplish that.
Administration would be favourable as SISU would have to leave.
The Council's hard line attitude right now has come on ever so sudden and Sky Blue Pete said he'd had a chat with someone from the Council and they said there are interested parties who would like to do a deal to buy CCFC but will not deal with SISU under any circumstances.
If administration comes round, once they're gone, these investors can step in. They'd also have a clean slate with the Council and ACL so would be able to negotiate for control of the stadium!
The council would be willing to deal with them because they are not SISU!
No one wants to deal with them because they know it's futile.
SISU want their investment back and they'll do anything to accomplish that.
Administration would be favourable as SISU would have to leave.
The Council's hard line attitude right now has come on ever so sudden and Sky Blue Pete said he'd had a chat with someone from the Council and they said there are interested parties who would like to do a deal to buy CCFC but will not deal with SISU under any circumstances.
If administration comes round, once they're gone, these investors can step in. They'd also have a clean slate with the Council and ACL so would be able to negotiate for control of the stadium!
The council would be willing to deal with them because they are not SISU!
Sky Blue Pete
Well-Known Member
Think just fundamental breakdown in relationship so can only happen with a set of investors they can trust
Grendel
Well-Known Member
It's coming partly because a lot of people adopt the same attitude as you. A united front against the council as seen in many other community owned projects could produce a much more favourable outcome.
Grendel
Well-Known Member
I can't disagree with that
RichieGunns
New Member
As for the land issue, I believe they want to build hotels and more housing in that area, not to mention the train station.
Hotel's allow oppersition fans (and travelling Sky Blue Fans) the opportunity to come down the day before the match.
Their money would be going into not only the hotel but also the shops and eateries across from the stadium.
It's a cash cow waiting to happen! But SISU haven't got the money (nor the stadium) in order to do it.
That's why people are always saying SISU only want the stadium and the land and not CCFC.
They'd definately start to make money is they got their grubby little hands on the land.
But the Council wont let them because they don't trust them!
Hotel's allow oppersition fans (and travelling Sky Blue Fans) the opportunity to come down the day before the match.
Their money would be going into not only the hotel but also the shops and eateries across from the stadium.
It's a cash cow waiting to happen! But SISU haven't got the money (nor the stadium) in order to do it.
That's why people are always saying SISU only want the stadium and the land and not CCFC.
They'd definately start to make money is they got their grubby little hands on the land.
But the Council wont let them because they don't trust them!