Sisu (1 Viewer)

[chiefdave]

It's got to be time up for these bunch of wasters. The time is now for them to relinquish control to the wasps and let them have a go running the two entities which would in my opinion be good for not only us & wasps but everyone involved. SISU do the right thing and get lost once and for all!!! Rant over!

Firstly Wasps have stated they have no interest in buying us so unless there is another buyer around it's SISU or nothing. Secondly SISU aren't going to leave without some ROI, at the moment it appears they can run the club in L1 and break even so they can just hang around for years hoping something comes up that will give them a return.

The Wasps need Cov in the RIcoh

they need the stadium to be used as much as possible, they cannot survive without a football team.

Is this your assumption or something they have told you as they have stated that their business plan does not require us to be permanent tenants. If they do need us there then, in the long term, is us moving out not the best option. If Wasps plan fails the Ricoh will be on the market and of less value than when it was sold to Wasps.

You have to admit. It cant be any worse than the London SISU/Cayman Island ARVO nightmare.

Make no mistake SISU have been appalling owners but is this not pretty much the same thing people were saying when they took over, that they can't be any worse than the last lot. It's hard to imagine how it could be much worse but experience of supporting our club should tell you that if it's possible it will probably happen.

 

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[Senior Vick from Alicante]

Their is a possibility that SISU will leave if the right offer came in, I think you could probably do some deal based on £15 million. The problem with that is you are only buying a football team and possibly Ryton, although the team is holding its own financially you wouldn't acquire a football team to try and just hold your own in the middle of league one would you. Their are people with both big enough egos and bank balances to do this, the problem they would face is securing extra funding to enable the team to grow from where it is now. Share flotation would be the start, the rest would be open to conjecture but as someone has previously said in this thread a promotion would lead to more income naturally. The big question in all of this though is the owners, are they willing to sell at any price, I think the £15 million is a return on what they have supposedly put in on paper but how greedy are they? Their only out is a sale unless they liquidate and offset, the problem they face is they have a business that they have no experience in running and are failing spectacularly along the way. They are not used to being in the position of being dictated too which would probably be in the case of a sale, their used to holding the upper hand and that wont sit well with JS. The only lever that they had was an emotional one and as they loose the fan base ever more and apathy has now set in with most their options are getting limited.

 

[Grendel]

Their is a possibility that SISU will leave if the right offer came in, I think you could probably do some deal based on £15 million. The problem with that is you are only buying a football team and possibly Ryton, although the team is holding its own financially you wouldn't acquire a football team to try and just hold your own in the middle of league one would you. Their are people with both big enough egos and bank balances to do this, the problem they would face is securing extra funding to enable the team to grow from where it is now. Share flotation would be the start, the rest would be open to conjecture but as someone has previously said in this thread a promotion would lead to more income naturally. The big question in all of this though is the owners, are they willing to sell at any price, I think the £15 million is a return on what they have supposedly put in on paper but how greedy are they? Their only out is a sale unless they liquidate and offset, the problem they face is they have a business that they have no experience in running and are failing spectacularly along the way. They are not used to being in the position of being dictated too which would probably be in the case of a sale, their used to holding the upper hand and that wont sit well with JS. The only lever that they had was an emotional one and as they loose the fan base ever more and apathy has now set in with most their options are getting limited.

You can buy 3 stadiums for £15 million - sounds better value than a club with no stadium.

 

[chiefdave]

Their is a possibility that SISU will leave if the right offer came in

The only thing we had of any value was the prospect of buying at least a 50% stake in the Ricoh. There's no value in the club at all now, who is going to make an offer that will give SISU any ROI? If they can run the club at around break even they aren't going anywhere until they get a return of some sort.

 

[robbiethemole]

surely promotion to the championship brings more financial benefits than outlay?? I think I saw it was worth c £34m a season to go up,with extra tv coverage and bigger crowds etc.. in reality what do SISU have to sell? contracts on about 12 players,Ryton and the "golden share" total value I should think about £5m obviously they will want some return on their "investment" but most of that is on paper, not real money like we use, so interest and fees to themselves. so maybe £ 15-18m the lot...............still looking at a good return if a deal could be struck. pure fantasy and I'm now going to lie down in a darkened room for a bit.

 

[skybluetom]

It's got to be time up for these bunch of wasters. The time is now for them to relinquish control to the wasps and let them have a go running the two entities which would in my opinion be good for not only us & wasps but everyone involved. SISU do the right thing and get lost once and for all!!! Rant over!

Lets hand over control to somebody who has just franchised a sports club, good one.

 

[Nick]

Lets hand over control to somebody who has just franchised a sports club, good one.

Ha shocking

Italia, you maybe correct, but hear me out?
The Wasps need Cov in the RIcoh, to keep them there and stop them building in Bedworth would it not make sense to take on the Club. By pushing the concept of the new Stadium may encourage an offer for the club.
The other option for CCFC is to build a small new stadium which will kill our club even further, this would make gates even lower than at present. As you know a great deal of fans have already given up, some will never come back while SISU are still in control.
I can see from some of your posts you believe the Wasps are good for the City of Coventry, but a small minority do not agree. We need to either back our owners, encourage them to look at the concept of owning us or we are dead anyway.

Small minority? Yeah most of them are members of the trust you represent. But who cares about them?

Who cares what wasps need? Seriously?

Probably the same people who cared about what haskell needed and sniffed around him like a dog.

Just need that whiff of fan ownership.