Wasn't it you don't sell at the bottom of the business cycle"*? And if so sounds like someone somewhere isn't peddling fast enough.
*especially if it's your fault that you've got there in the first place.
While I understand Fishers point, it relies on the business being able to climb back up that cycle. This did't happen with Woolworths, Comet, and god knows how many other big chains who have gone bump, and the jury is out on Jessops.
Sometimes your business model is wrong or your competitors have the market sewn up.
For Fisher to unilaterally say that, effectively, you don't sell unless you are making a profit, is blind ignorance. Just because its a football club, a unique product in a particular catchment area, doesn't mean it will see a return .... SISU have apparently writton off millions "selling" to Otium. Robinson apparently lost millions selling to SISU.
The only way the will ever get their money back, as lots of people have pointed out so apologies for a repetative post, is getting the stadium on the cheap and flogging CCFC with it as a package. Alternatively, get us into the prem and pocket the TV money, which won't happen as they are a company that strips, not invests.
So sell up now Joy, the cycle's chain has come off - you'll get a few million back for CCFC - the council won't sell below the going price, if to SISU at all.
