torchomatic
Well-Known Member
The Club wouldn't be an investors' concern, I wouldn't have thought. Any investor is really investing in SISU and trusting them to get a healthy return on that investment. What SISU do with it is up to them.
Joe Elliott (21 Viewers)
- Thread starter skyblueinBaku
- Start date
oldskyblue58
CCFC Finance Director
Too many big egos involved and until the real problems are addressed this club goes nowhere.
JE - as has been said he has been involved in successive boards that have compounded the problems at the club. He isnt on the current Board, doesnt hold a current office is kept away from decision making at the club........ exactly what purpose did the interview serve ? (aside from Keys being able to spout off)
Keys - wonder when was the last time he paid to watch our club ? He isnt in the know any more than the rest of us, yet he knows all sorts of stuff as fact
GH - as a banking man at the highest level he knows the purpose and use of "PR", he knows that the best deals are kept under wraps until such time as the deal is done and there is something to say...... the constant use of the media to try brow beat SISU makes me wonder if there is enough substance behind his backers to actually do the deal
SISU - arrogant corporate recovery specialists that think they know best and are never wrong .......... clearly there are flaws in their thinking. Pre season they didnt have to have spent a fortune £500K would have done it in terms of extra wages (not even signing on fees) and they could have taken the sting out of this mess, bought a little goodwill and time ...... but no they know best
Have had enough of the lot of them........... they all are bringing our club down by being unrealistic, unprofessional and egotistical. Out of choice I wouldnt have any of them as it stands.......... not until they come up with a viable realistic affordable plan to keep our club going and moderately successful............. and i am certainly not holding my breath on any of them doing that
I am thoroughly fed up of this public verbal crap whilst no action actually taken.......... SISU are right to get the finances right it was always going to be painful and thankless after decades of mismanagement and ineptitude......... but they are so so wrong in terms of developing a viable team, we need new blood in this squad !! As for the rest of them well they are in the happy position that they dont actually have to deal with it but if they get the opportunity I have absolutely no faith in them getting it right.
Sick and tired of this!!!!
JE - as has been said he has been involved in successive boards that have compounded the problems at the club. He isnt on the current Board, doesnt hold a current office is kept away from decision making at the club........ exactly what purpose did the interview serve ? (aside from Keys being able to spout off)
Keys - wonder when was the last time he paid to watch our club ? He isnt in the know any more than the rest of us, yet he knows all sorts of stuff as fact
GH - as a banking man at the highest level he knows the purpose and use of "PR", he knows that the best deals are kept under wraps until such time as the deal is done and there is something to say...... the constant use of the media to try brow beat SISU makes me wonder if there is enough substance behind his backers to actually do the deal
SISU - arrogant corporate recovery specialists that think they know best and are never wrong .......... clearly there are flaws in their thinking. Pre season they didnt have to have spent a fortune £500K would have done it in terms of extra wages (not even signing on fees) and they could have taken the sting out of this mess, bought a little goodwill and time ...... but no they know best
Have had enough of the lot of them........... they all are bringing our club down by being unrealistic, unprofessional and egotistical. Out of choice I wouldnt have any of them as it stands.......... not until they come up with a viable realistic affordable plan to keep our club going and moderately successful............. and i am certainly not holding my breath on any of them doing that
I am thoroughly fed up of this public verbal crap whilst no action actually taken.......... SISU are right to get the finances right it was always going to be painful and thankless after decades of mismanagement and ineptitude......... but they are so so wrong in terms of developing a viable team, we need new blood in this squad !! As for the rest of them well they are in the happy position that they dont actually have to deal with it but if they get the opportunity I have absolutely no faith in them getting it right.
Sick and tired of this!!!!
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Paxman II
Well-Known Member
Lets get real here...
Richard Keys is a bit of a tool. He has not got a clue.
Admin? How exactly?
Check on how CCFC is operated before making such comment.
SISU are acting to protect their interest and will fund where necessary. Currently that means to the end of the season when there will be a review.
If they did not want to do that they would bail immediately and take Hoffman's bid.
Hoffman as yet has not made any formal bid so lets not get ahead of ourselves....
Richard Keys is a bit of a tool. He has not got a clue.
Admin? How exactly?
Check on how CCFC is operated before making such comment.
SISU are acting to protect their interest and will fund where necessary. Currently that means to the end of the season when there will be a review.
If they did not want to do that they would bail immediately and take Hoffman's bid.
Hoffman as yet has not made any formal bid so lets not get ahead of ourselves....
Paxman II
Well-Known Member
OSB...
I could not have put it better.
What would be more helpful is if we all look forward to the football Thorn is trying to produce with some exciting young talent and where inevitably we will soon record a win and the tide will turn. 3 games in looking forward to how we progress. Don't share the view we will be relegation fodder. Just don't.
I could not have put it better.
What would be more helpful is if we all look forward to the football Thorn is trying to produce with some exciting young talent and where inevitably we will soon record a win and the tide will turn. 3 games in looking forward to how we progress. Don't share the view we will be relegation fodder. Just don't.
who's going to score the goals?
We'll_live_and_die
Super Moderator
We will finish this season having scored a total of 18 goals. Juke will get 9, Mcsheff will get 5 and ROD will get 4. Keogh might pop up for one near the end of the season. Realistically who else is gonna get a reasonable number of goals???? That's right, no-one!!!
SkyBlue_Bear83
Well-Known Member
Deluded much? Did you see our team last night? We have 10 senior players available at the moment in
Murphy
Keogh
Cranie
Hussey
Clingan
ROD
Juke
Baker
Dunn
Mcpake
Hussey and Juke are still 22 years old. ROD is league 1 standard, Dunn has never played above league 2 level. Mcpake is out of favour. Also Clingan and Mcpake have a history of getting injured. Murphy isn't good enough to clean Westwood's shoes.
Our current squad as it is will be very close to relegation, if you offered me 21st place right now with that squad I would take it. Not saying it is a certainty but we will be close.
SkyBlue_Bear83
Well-Known Member
Exactly if we are lucky Bell will chip in with 1 or 2, Eastwood + Platt may get 5 between them and that is about it.
skybluetelford
New Member
I think if I were JE and I read some of the brain dead character assassinations on here I'd want out big time after sponsoring the youth team to the tune of over £1m+ out of my own pocket over the years. He is a brilliant front man for the club, has always tries hard to generate interest and revenue, is a true fan (ie one of us) and even got married at HR.
DazzleTommyDazzle
Well-Known Member
True, but a number of the keyboard warriors know so much better!!
Paxman in any other circumstances we would be in administration now, the club itself is bankrupt, a monthly injection of 500,000 pounds is the only thing that stops administration now. We have no assets and there is no outside investment, from a venture capitalist firm that specialise in bringing in investment, ( if they cant do it no-one can), we have clearly a massive ongoing loss that no club could maintain, we are in effect death on two legs, waiting for a buyout, if we dont get one it is admin and that is it.. no brain of britain to work that out. If we keep losing our home crowds could go to 5 or 6 thousand, and fans simply not paying sinstalments on their season tickets (not everyone paid upfront). The owners in my opinion are playing Hoffman into a corner, either show us your investors ( so sisu can have a crack at them to get them to invest in Sisu) or sisu remain the owners, take the 10 points, free up money and then invest in loan players before xmas for the annual scrap, in the hope we stay up, SISU are essentially holding all the cards and keeping their options open to themselves. The only way they will sell is by a profit, that means a bid of over 30 million, hoff is not going to do that.
The real answer to our problems is the council and the higgs trust buy the club, on a short term basis seeking a buyer of the club and the ground. I would have thought this would be the simplest of ideas as it puts money in to the councils coffers at a time of austerty, they can make so much money out of the stadium and the matches. Why dont our fans protest to the council to save our club? it is in the interest of the city. without this we are well and truely screwed. by the way, i believe Keys is the main investor maybe with a couple of ex footballers etcc...
The real answer to our problems is the council and the higgs trust buy the club, on a short term basis seeking a buyer of the club and the ground. I would have thought this would be the simplest of ideas as it puts money in to the councils coffers at a time of austerty, they can make so much money out of the stadium and the matches. Why dont our fans protest to the council to save our club? it is in the interest of the city. without this we are well and truely screwed. by the way, i believe Keys is the main investor maybe with a couple of ex footballers etcc...
Paxman II
Well-Known Member
Please come back in May and repeat that.
What ever happens during the course of this season with a take over or a continuation of SISU at the helm this club will not get relegated.
Study the other clubs and you will see there will probably be 3 or 4 who will enter admin before season's end quite apart from whatever we do and a minimum 10 points reduction on all of them.
We will not be relegated. All this down beat rhetoric at such an early stage is so over the top.
Any number of things could happen yet.
Just can't help thinking had we held on to the 1 nil win at Palace would it be a change of tone to lots of maybe's?
Like maybe we are not so bad?
Give it a rest till we get a dozen games under our belt. If we are still in the same predicament then, I'll take your side Edgy.
oldskyblue58
CCFC Finance Director
The council and Higgs trust cant buy the club ........... local authority and charity rules would not permit it. How would the council running a loss making and cashflow deficit company help them ? The club in its present form would still make losses and Council could not provide funds for new players
Also SISU dont put £500K into the club each month.......... losses and cashflow are two different things.... they may have to put more in if crowds drop further but right now they are not putting that sort of money in
How does SISU going into administration free up money ? Of course they want a profit, thats the business they are in, doesnt mean they wont take a loss to get out but it has to be realistic from their point of view ...... £1 and a small sum on the never never simply was always going to be a non starter (what they did to Robinson & co has nothing to do with it the two are not connected)
The instalment ST money isnt owed to CCFC it is owed to Zebra finance who will take action to recover in full on any default
I would agree that SISU are saying put up or shut up to Hoffman ...... wouldnt you, I know I would. There is plenty of words but to date no real substance to what GH has done ......... That first offer he must have known would be rejected especially as he was used to dealing with them, all it did was to harden opinion against SISU and buy him time, I suspect there was little to it other than that. Both sides are playing smoke and mirrors ......... in the mean time our situation gets worse.
As I said before I am sick and tired of the lot of them
Also SISU dont put £500K into the club each month.......... losses and cashflow are two different things.... they may have to put more in if crowds drop further but right now they are not putting that sort of money in
How does SISU going into administration free up money ? Of course they want a profit, thats the business they are in, doesnt mean they wont take a loss to get out but it has to be realistic from their point of view ...... £1 and a small sum on the never never simply was always going to be a non starter (what they did to Robinson & co has nothing to do with it the two are not connected)
The instalment ST money isnt owed to CCFC it is owed to Zebra finance who will take action to recover in full on any default
I would agree that SISU are saying put up or shut up to Hoffman ...... wouldnt you, I know I would. There is plenty of words but to date no real substance to what GH has done ......... That first offer he must have known would be rejected especially as he was used to dealing with them, all it did was to harden opinion against SISU and buy him time, I suspect there was little to it other than that. Both sides are playing smoke and mirrors ......... in the mean time our situation gets worse.
As I said before I am sick and tired of the lot of them
torchomatic
Well-Known Member
I agree Paxman. I don't think we'll get relegated either.
lordsummerisle
Well-Known Member
Sponsored the youth team to over £1million over the years? Really? Who knew there was so much money in spark plugs?
You can listen again to Joe on Keyes (no not that kind of thing) at this link:
http://www.talksport.co.uk/radio/ri...17/joe-elliott-talks-all-things-coventry-city
http://www.talksport.co.uk/radio/ri...17/joe-elliott-talks-all-things-coventry-city
J
Jack Griffin
Guest
Absolute nonsense, without new owners or investment relegation looks like a nailed on certanty to me at the moment & more importantly also to the bookies.
You are being ironic, right?
BurbageSkyBlues
New Member
I think you will find that barclays did not need rescuing in the recent credit crash, they managed on their own, they did not go anywhere near losing money.
oldskyblue58
CCFC Finance Director
truth is we dont know, we can only guess. Current results suggests relegation could happen but the form isnt too bad and with a little luck the three results so far could have been different. So nothing is certain - its a funny old game
Got to disagree about bookies being more important - they are if you have won or you are running from but if no one beat the odds no one would ever bet.
Right now there is time for things to change - we can but hope but i dont think we should be written off before the middle of August!
Got to disagree about bookies being more important - they are if you have won or you are running from but if no one beat the odds no one would ever bet.
Right now there is time for things to change - we can but hope but i dont think we should be written off before the middle of August!
oldskyblue58
CCFC Finance Director
quite correct ........... but barclaycard (a seperate company in same Barclays group) got into a mess in terms of their credit policies
lordsummerisle
Well-Known Member
Barclays Bank different from Barclaycard, besides Barclays only stopped from being RBS by being slightly outbid for ABN Amro by them.
They also profited from the QE freeing up the credit markets and the implicit government guarantees that no bank would be allowed to fail, and also went cap in hand to an Arab Sovereign Wealth fund for money.
Again though, nothing really to do with Hoffman anyway.
torchomatic
Well-Known Member
No. We've played three games and it's still only mid-August. Relegation isnt the certainty some on here would have us believe.
Sterling Archer
Well-Known Member
Hi Joe. :wave:
SkyBlueScottie
Well-Known Member
Hardly character assassinations, just some who dont believe him to the legendary Mr Sky Blue, and have a sense of perspective. Same as Hoffman, the Sisu episode should cause us all to be a little more careful, after all Hoffman was involved with Sisu.
and i can hardly believe how moronic some of you supporters are.
seriously it's like most of you anti hoffman and elliot share 1 braincell between you.
lordsummerisle
Well-Known Member
We tend to use capital letters when required, and don't try to make a new word such as braincell from two seperate words brain and cell.
Still, is nice and ironic being called moronic by a moron.
SkyBlueScottie
Well-Known Member
Not anti Hoffman per se, just wary, there is no doubt Sisu have been a bit of a disaster but welcoming another largely faceless group (after all Hoffman does not want to be involved with the running of the club then I think its right questions are asked, as for sharing a brain cell between us at least most can hold a cogent argument without resorting to statements which belittle others.
Dont forget when Sisu saved us we were desperate, just desperate for a glimmer of hope, we are now once again in that situation once again, it would be excellent if the group of investors Hoffman is bringing to the table bale us out and build a squad worthy of challenging at the top end, but as a city fan we have had far too many promises broken.
Dont forget when Sisu saved us we were desperate, just desperate for a glimmer of hope, we are now once again in that situation once again, it would be excellent if the group of investors Hoffman is bringing to the table bale us out and build a squad worthy of challenging at the top end, but as a city fan we have had far too many promises broken.
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You're right of course sir, my keyboard is dodgy so my spacebar doesn't always work and since these are informal messages I don't feel the need to always be grammatically correct.
However since you're making a point of it, so shall I.
My point is, it's almost as if all of you anti Hoff / Elliot supporters think that they had a say in what went on all the time in the boardroom. If they did they wouldn't have resigned / forcibly removed.
Now I know a lot of you guys like to just be naysayers and doombringers, but those gentlemen are actual supporters, you know, like you and me. All they have been doing is trying to do what is best for the club, they brought in SISU, who at the time promised us a strategy to take us back up to the Premier League, this is why they supported SISU, this is why a majority of us supported SISU.
However, after they started selling our young talent and restricted us from buying more young talent, we saw that they had actually switched strategy, as did Ranson, Hoffman, Elliott etc.
But I figure you'll just read this and go on a rant at how Elliott was there in the Richardson and Robinson days... *sigh*
Now I'm going back to my informal typing, since you know, that is what this place is for.
i apologise scotty, but i just get so wound up at people on message boards.
is it any wonder that he doesnt want to be a chairman when our fans turn on our managers / players / board / police / groundstaff / gremlins given the chance
lordsummerisle
Well-Known Member
So what is the strategy from Hofman's backers? Indeed, who are Hoffman's backers?
It was obvious to me, and others that the financial crisis was going to have an effect on any investment that SISU would be willing to put into the club, but the yay-sayers(opposite of nay-sayers?), were saying, "No, SISU have plenty of money, Ranson said that we don't need to sell anybody".
It was blatantly obvious the first Christmas after the signings of Dann,Fox, Westwood etc, when Ranson was issuing his "Hands off" statements to the press, that they were thinly disguised "Please come and buy our players, we have no money" pleas.
However, when they were sold, Ranson and his supporters then spun it as "their heads were turned, couldn't keep them from going to a Premiership club etc".
Ranson now says that he didn't want to sell the players and it was all down to SISU selling them. Either way, he's a dissembler, if not a downright liar, and the "poor, mislead by SISU Ranson", doesn't really wash coming from the same who crowed over his hard-nosed business rhetoric and his record as a "successful businessman, who wants to run us as a business".
Giving somebody a free pass again without asking any questions is falling into the same trap as before with SISU, we don't want to be going through the same process again three years down the line without at least having an idea about what we're getting into.
You'd just better hope that Compass don't decide to put ostrich burgers on the menu, as with your head deep in the sand you won't see them coming.
their strategy is to buy the half of the stadium and invest in getting a team again, easily done with 40 mil.
financial crisis did have a slight effect on our club, granted. however by selling our better players have just made this club worse, and was done above Ransons head.
you take quotes way out of context, just because someone wants our club to be ran like a business, doesn't mean they wont run it like a football club, both can and do exist.
i really don't have the time for me to go and pull out all of the facts which have been dug out and thrown in peoples faces many times, but the one major difference is, if hoffman bought the club and appointed his own chairman, we would then at least know the club is being ran by the fans, not a faceless board of directors that we have right now.
as for ransons "hands off" warning meaning the opposite, you don't know that, and is just your opinion and given the evidence that he resigned because of sales...twice shows a lot.
lordsummerisle
Well-Known Member
Given the evidence that they Dann and Fox were sold the following summer and that he said that he couldn't stop them leaving, their "heads were turned", I'd say that his "hands off" warning meaning the opposite was true.
He wasn't actually very good at resigning either was he?
Hoffman appointing a Chairman means very little, if we don't know who the backers are or what their finances are like, and business practices.
After all, you seem to think that a Chairman is powerless, even if he brought in the backers, as was the case with Ranson and SISU.
rob9872
Well-Known Member
Separate
Not a spelling forum, been through this 1,000 times before, but if you're going to criticise, then it's better not to make such mistakes.