ccfchandsy
New Member
So with all this talk of liquidation do you think any investors will be waiting and watching ready to pounce when the time is right
Investors (8 Viewers)
- Thread starter ccfchandsy
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Bluegloucester
New Member
I hope so, let's wait and see
jimmyhillsfanclub
Well-Known Member
Gary Hoffmans got a shiny pound coin, some magic beans & a mouth piece in Richard "bang it" Keys.....
...who else do we need.....it'll all be alright....:facepalm:
...who else do we need.....it'll all be alright....:facepalm:
skyblueelephant
New Member
Unless ACL give up the match day revenue we will never be a viable club so don't expect a queue....
ccfcway
Well-Known Member
Heather wasnt that lucky, Ben killed her !
Cov City Daytrader 87
Well-Known Member
We gonna need a whole rabbit, nevermind it's foot!:facepalm:
Bluegloucester
New Member
I thought they have offered to do so. Fisher rejected the offer.
oldskyblue58
CCFC Finance Director
why do they have to give it up (i assume that means free)...........
It can be bought, leased, earned out, ........... in total or in part................ but that has always been the case since CCFC moved into the Ricoh, who is to say a new owner couldnt achieve that? It will take more than the car park and F&Bs to make CCFC viable ..............
skyblueelephant
New Member
Correct me if I'm wrong but the rights were originally sold for £6m and ACL now want £24m to sell them in full - I don't see that as an attractive deal for a new investor (or an existing one).
chiefdave
Well-Known Member
I'm sure there's plenty of other clubs that could be taken over where they wouldn't have to pay to access those revenues and would own their own ground. CCFC doesn't look a very attractive proposition if you don't have an emotional tie to the club, there would seem to be a lot of better options if you want to own a football club.
oldskyblue58
CCFC Finance Director
wouldnt disagree, but there might be reasons why an investor wants to........ depends on the price and structure of the deal. You could for example do an earn out on the other streams so there is no up front costs, that might leave more to back the team on the pitch, increase FFP income, then as club succeeds the club earns more, tie in to a defined period and it might be more attractive. If you are looking at other L1 clubs then we have potential to be better without massive investment....... plenty of clubs that you couldnt say that about.
Think to some degree it is investing in potential and thinking outside the norm
Danceswithhorses
Well-Known Member
Even if ACL did give SISU the match day revenue for free, we would still not be a viable club, and we'd continue to make losses.
Our wage bill is way too high-that is the big problem, and that is 100% under SISU's control.
Yes, but it's "CCC and ACL" that are "killing" this club.:facepalm:
The sisu afficianadoes who think that a bit of F&B and car parking can justify a three year contract for Bell or even 3.5 years for Pressley.??
There is a disturbing illogicality about these folk .....you just have to hope they dont have dependents.
The club has to start over. There is no other way through the impasse. This has been the case for years and years.
The sooner we acknowledge the truth the better.
Trying to make a dead man walk is not a plan for the future.
stupot07
Well-Known Member
But isn't it about striking the balance - increasing income and driving down costs?
The wage bill this season is lower than last seasons which was lower than the season before that. And I expect the wage bill will be lower still next season.
oldskyblue58
CCFC Finance Director
Just a thought ........ but as well as a barely veiled ultimatum to ACL but was the TF Guardian article an advert to a wider financial audience that SISU want out of a distressed company and are willing to listen to offers? :thinking about:
oldskyblue58
CCFC Finance Director
ok i will correct you
............ Both TF and ACL have both confirmed that the £24m is spurious and formed no part in any negotiations. ACL are not looking to sell the catering rights for the whole site. What was sold was 47 years worth of profits from matchday Hospitality, F&B's for £6m
Warwickhunt
Well-Known Member
How can a Rabbits Foot be lucky? Fucking Rabbit spends most of its time hobbling around the bleedin field
torchomatic
Well-Known Member
And yet people moan when we sell people to reduce the wage bill. Look at the hysteria following Bigi's departure. Lose-lose situation all round.
torchomatic
Well-Known Member
Mary_Mungo_Midge
Well-Known Member
Bigi would have been on a pittance. Wages were not the issue there. Selling the family silver at the expense of maintaining a cohesive unit of young talent capable of a promotion push was
ashbyjan
Well-Known Member
You are right in as much there will have to be some reeducation among football fans in general but the sale of Bigi would have had little impact on the wage bill - the players we need to shift on are Wood, Murphy, Bell and McShefferey - these four account for half our wage bill. Are any of them irreplaceable? Onl one who comes close to justifying a decent wage is Murphy, the others can be adequately replaced by players earning a fraction of what they earn. Problem only Wood goes at end of season and who is going to come in and offer Bell similar money than he earns here? he is happy to sit tight for the next 2 1/2 years and pick up his wages and who can blame him.
TheRoyalScam
Well-Known Member
Same with Conor Thomas - SHITSU saw the £££s signs and tried to sell him to Liverpool, even when the player didn't want to go.
That's the same SHITSU that gave Bell a 3 year contract extension, yet sold Jutkiewicz to 'Boro virtually ensuring our relegation.
torchomatic
Well-Known Member
Grendel
Well-Known Member
Hilarious to try and believe a club of coventrys standing would be in any position to turn an offer down for a player who still has not established himself in the first team.
We accumulated more points when Juke left the club.
Never mind you got SHITSU I'm twice so I am sure or made you proud.
Grendel
Well-Known Member
Last season he was dropped and never really forced his way back in. If you had your way the key maker of that decision would still be here.
You are sounded as deluded as Royal Scam which takes some doing.
Sick Boy
Super Moderator
Yet if they had set a lower budget for this season, the same people would be complaining that they didn't invest in the squad.
stupot07
Well-Known Member
We have always sold he family silver. And do you think Bigi would have wanted to stay once Newcastle came in for him?
torchomatic
Well-Known Member
Exactly, the first ones I remember were Wallace and Gillespie. We have always been a "feeder".
Not even close to being applicable. Wallace became an established striker at the club.....we got the best out of him and then sold him for good money (Forest) where he flopped.
Gillespie too was an established first teamer here and we got decent money. Admittedly he did go on to play more after he left us but, nevertheless, it is not even barely comparable.
At no time was Bigi a nailed on regular with us. He's still a kid, learning his game. The point is if we had any acumen we would have broiught these players on and got much more.
The same applies to Juke, Turner, Gunnar, Westwood, King. So many examples of the club failing to capitalise on the value that these players had.
So many examples of why sisu are fucking hopeless at running a club.
Colonel Mustard
New Member
As much as we all liked Bigi, it makes plenty of sense to sell a 17 year old kid for the kind of fee that can bring in three or four contributors at this level.
dongonzalos
Well-Known Member
We have to be realistic million pound offers for league one kids will be accepted