If Appleton chooses another buyer we may be ok
The choice is Otium or liquidation.
Reasoning?
And in a wider sense, yes they would.
You're all underestimating this end game if you think liquidation isn't on the cards. this *is* their endgame, this *is* their hedge, where they need to package the club for sale, and to get any kind of worthwhile return they need that package to be put together at less than the anticipated sale price.
In that instance, they from their POV *have* to play hardball, as in a negotiating strategy it's true, it doesn't work if it's bluster. Take Fisher's comments about not being death by a thousand cuts, but by three or four very, very seriously. In terms of the expense to them, throwing a bit more on funding this game of poker isn't much of an expense in the wider context, they might as well do that as not. But in a wider context negotiations don't work if you have a track record on not following through on them. SISU *cannot* back down, it makes no sense from their POV to do so having started this process.
They have a track record, and their track record once it gets to this stage is either package a company how they want it to, or wind it up as the negotiations (driven by their terms) push them to that. Deny that possibility and you deny the very essence of their existence, and their tactics.
The only hope is the hope that this 'business' should by rights have been liquidated already. We should have died long ago. The fact we haven't can only hint, ever so slightly, of an awareness football clubs ae more than a business. It's a slim hope though, and I wouldn't be betting my strategy on it.
And in a wider sense, yes they would.
You're all underestimating this end game if you think liquidation isn't on the cards. this *is* their endgame, this *is* their hedge, where they need to package the club for sale, and to get any kind of worthwhile return they need that package to be put together at less than the anticipated sale price.
In that instance, they from their POV *have* to play hardball, as in a negotiating strategy it's true, it doesn't work if it's bluster. Take Fisher's comments about not being death by a thousand cuts, but by three or four very, very seriously. In terms of the expense to them, throwing a bit more on funding this game of poker isn't much of an expense in the wider context, they might as well do that as not. But in a wider context negotiations don't work if you have a track record on not following through on them. SISU *cannot* back down, it makes no sense from their POV to do so having started this process.
They have a track record, and their track record once it gets to this stage is either package a company how they want it to, or wind it up as the negotiations (driven by their terms) push them to that. Deny that possibility and you deny the very essence of their existence, and their tactics.
The only hope is the hope that this 'business' should by rights have been liquidated already. We should have died long ago. The fact we haven't can only hint, ever so slightly, of an awareness football clubs ae more than a business. It's a slim hope though, and I wouldn't be betting my strategy on it.
Their track record in front of court isn't great though, is it? What with the High Court Judge challenging Joy's recollection etc. - there's one case they clearly didn't win.
The logic of your post is that we must step up the media pressure, protests etc to try to keep our club in existence.
Unlike a normal business, liquidation in football does not mean the end of a club.
There are provisions for Football Trusts to own the name and to restart a club. I am not familiar with how this works, but the Trust should know.
So do not be put off by the SISU/Fisher/Administrator threats of "Do it my way or we will liquidate you". It is an empty threat that would probably cost us a league or two but would not be the end of our club.
No, my logic is that's more likely to kill the club. Killing a football club might not be good emotional sense, but it certainly shows you should be listened to in future negotiations, never ever forget that. If you were an outsider, you'd say this is seriously beautiful negotiating tactics from SISU as what is there to do but voice outrage? Of course the club should stay in Coventry, and of course people should speak up and say that! But ultimately it will not solve the problem as the club either comes out of this packaged more healthily, or SISU come out of this serious in their intent
I honestly think the only way is for ACL to agree a deal. I don't even know if ACL are physically able to agree the deal that would be satisfactory to SISU, so I do not blame them if no deal can be agreed. I don't even know what else there is to go after, once ACL is dealt with, but I do urge the seriousness of the consequences to be thought of. This *is* what entities like SISU do, they think nothing of bringing down insitutions of far more significance and consequence than CCFC, we are but a mere pin prick.
So between a rock and a hard place, as I cannot back their very essence of what they are, but I can also hope they succeed, for my club's sake and it's very existence... but I can also hope ACL stand up to them now as I don't know where it will end after this particular battle.
I can't see any decent future for the club with SISU in charge - and if you re-read your last few entries, I'm not sure that you could either.
I have never supported SISU. The laughable thing of joining up here were some of the more outlandish claims against me.
However, not supporting SISU also doesn't mean that they might have a point in certain areas, it doesn't mean that there aren't other cancerous intitutions with agendas contrary to the football club within there, it also doesn't mean that some of the alternatives posed to SISU would actually be far far worse in my opinion.
If this endgame works, the club will have a future. If this endgame is able to work is very possibly out the hands of many. All parties have to look very carefully at their moves however, and very carefully at whether it really is out their hands. If it is, so be it, but I'd like them to look.
Never take a one-off as general evidence.
You could also point to a company in France they attempted to turn around, failed... so embarked on a strategy of acquiring assets below value to give the company worth, and attempt further to turn it round.
They won some of those court cases, they nearly bankrupted the council in legal fees... and then having failed to turn around the company after all that, they had no option but to liquidate anyway.
A hedge fund's business model is about winning and losing, it's in their interests to take the small losses in the aim of the bigger profits. You can point to that court case all you like but, ultimately, it proves the point that the cost of the case is not in the equation, it's about betting on chance and probability. they don't always come off if you do that, so if they don't you take it on the chin and move on.
But whatever you do, do not in any way underestimate the potential consequences, as the potential consequences are death.
There seems to be the suggestion that SISU are some kind of geniuses when it comes to court action, and I'm making the point that it isn't entirely true.
Make it 8 league's and then you are talkingUnlike a normal business, liquidation in football does not mean the end of a club.
There are provisions for Football Trusts to own the name and to restart a club. I am not familiar with how this works, but the Trust should know.
So do not be put off by the SISU/Fisher/Administrator threats of "Do it my way or we will liquidate you". It is an empty threat that would probably cost us a league or two but would not be the end of our club.