SISU owe us some answers (1 Viewer)

[KersleyDigs]

We all know SISU want a return for their investors and that "selling at the bottom of the cycle isn't gonna happen". We get that we aren't stupid. What most of us don't understand is this.....

In order to be attractive to a buyer at a price SISU would accept on behalf of their investors we would probably need the following:

- Championship status
- some sort of stadium ownership
- a decent fan base turning up each week

In contrast to these likely targets we are:

- dropping down the football league by the month
- stadium - less, with ownership looking further away than ever
- getting really low crowds that are on the slide

SISU are miles from their objectives it would seem, unless of course they are keeping something from us? Are other SISU businesses benefiting from CCFC ' S HUGE losses?! Is this why they seem happy with how things are?

Their arguments of long term vision, doesn't stack up alongside their short term view on player sales. Other teams often keep their star player until promotion as the long term gain is far more beneficial financially than a quick 1m. So which is it? Short term? Long term? Can't have it both ways....

The ambition is to 'invest in the academy', but we all know that if we have a young player going well in the league come January, that he'll be sold to scupper any promotion chances, all in the name of 'a long term vision', then we are back to square one and nowhere near any promotion objective.

None of it makes sense, we deserve some answers and consistency

 

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[spider_ricoh]

If their view is that our decline is cyclical, and that success will come if they hang on long enough, they are badly deluded... this isn't part of a business cycle, it is part of a long-term decline whose gradient is ever-steepening. Hanging on in there will just prolong and extend their loss-making activity. They'll never make a profit and never be able to get a sale for the club of any value, so might as well pull out now.

 

[Ashdown]

SISU aren't making huge losses anymore. They've cut almost everything to the bone. This handful of misfits and academy kids must represent the lowest wage bill we've had since before football went mad !

 

[KersleyDigs]

They will carry losses forward in their accounts and will be very 'creative'. They will be 'investing' in the academy etc
Also the term 'cash flow positive' what does that mean exactly? Very carefully worded, I have £2.50 in my pocket now, I am therefore cash flow positive.

I could be cash flow positive in my bank account but hugely in debt through credit cards, loans etc

 

[Hobo]

You don't sell at the bottom of a cycle? The trouble is, SISU don't know where the bottom is and seem clueless how to spark the up turn.

 

[Ashdown]

You don't sell at the bottom of a cycle? The trouble is, SISU don't know where the bottom is and seem clueless how to spark the up turn.

Yes the general consensus after the match was that we really haven't even reached the lowest point yet with these incompetents in charge.

Great quote from Cloughie by the way and very true !

 

[georgehudson]

imho, thoroughly incompetent owners who should have been tasked before now as being unfit to run a football club,

 

[rupert_bear]

SISU aren't making huge losses anymore. They've cut almost everything to the bone. This handful of misfits and academy kids must represent the lowest wage bill we've had since before football went mad !

But their other business interests could be. Administration sorted some football club debts out maybe all the debt but sisu have a number of business interests detatched from football but still attached to sisu or whoever.

 

[Senior Vick from Alicante]

I am sorry but their is no end in sight to this decline. Poor business strategy has gotten the club where it is, how many chances do you need? They should not have sold players from under previous managers, they should already own half of ACL, they should not have gone to Northampton, the list is endless. The only reason you would incur losses in such a massive way is if you could offset your tax liabilities to increase profits, is this legal and if that's whats happening can anything be done about it? That may be something OSB may care to comment on. I work in sales, theirs no way I would buy an engineering company as I know nothing about it, which is what SISU have done by buying the club. You need to listen to the right people and get the right management to make it successful, they haven't. People blame the manager, SISU will not let any thing out of the bag as far as who makes the decisions on which players are bought and sold and what the budgets are. All management at the club have had to sign non disclosure contracts so the truth is never out their. Once again its the fans that get butfucked, its our money that should be out their on the pitch not in the pockets of a hedge fund. The only way anything like this will stop happening is if Government get involved and put proper legislation in place to protect the game and clubs. The FA and the league are not fit custodians to run multi million pound industrys, they are not accountable to any one other than FIFA who are run by even bigger con artists. The game is shot from top to bottom and we are a product of all that is wrong in the game. 40 years a supporter and I will still be their on Wednesday but its getting bloody hard now.

 

[Ashdown]

I'd rather be in Alicante !

 

[Senior Vick from Alicante]

I'd rather be in Alicante !

Me too!!