SISU need to go to save our club (1 Viewer)

[Astute]

Ok if SISU are the great people that are keeping the club afloat why are they causing so much anger in the stands we can't afford to buy a 350k player. We sold more than we brought in our squad is small mainly full of 18 year olds we ain't man u and we don't have the youth quality as them. All I seem to see off them is lies they don't want to help the club and it would be better if they left. Yes ok BR era we did lose lots of money but the word administration kicked in once we had gone down.

Can you work out for yourself why we went down?

Give you a clue. Nothing to do with SISU

Take a look at players in and out of all clubs in this division. More have gone out than in at about 22 of the clubs. Only a couple of teams have spent more than has come in with transfer fees. We lost 3 players out of contract. We sold 1. We released a few considered not to be good enough. We brought 3 in. We more or less are only down by players not considered to be good enough.

We miss King, but he spent half his time either injured or suspended. Replaced by Cody we hope. We seem to have replaced Westwood with two capable keepers. Gunnar was crap the last two seasons. He had a long throw in though. This seems covered by Christie. Sold Turner. He was out most of last season injured. Our defence is our strongest position. No replacement needed, although it would be good to bring more players in. We need to keep our costs down, not bring in players in that are hardly going to play. On top of this we have a few youth players coming through. We are slightly stronger, although with a smaller squad, but playing much better football.

 

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[Godiva]

so whilst all this mayhem continues where is orange ken ? he normally does all the statements but now they come from paul clouting ? is there anyway to see if he is still the chairman ? or just topping up his tan :jerkit::jerkit:

Ken Dulieu is chairman. That means he oversee the holding of board meetings.
Clouting is CEO - he is in charge of the organisation and the operation.
The chairman only need to be here at board meetings - 4-6 times a year.
Clouting is here every day.

 

[Sub]

Ken Dulieu is chairman. That means he oversee the holding of board meetings.
Clouting is CEO - he is in charge of the organisation and the operation.
The chairman only need to be here at board meetings - 4-6 times a year.
Clouting is here every day.

oki doki thanks for the reply was just wondering why the statement was from clouting thats all

 

[Godiva]

oki doki thanks for the reply was just wondering why the statement was from clouting thats all

No problem.
Difference between Rnason and Dulieu is that Ranson was CEO as well as Chairman.

 

[torchomatic]

No, we can't afford to buy a £350K player, we bought one for £400K - Cody McDonald. But I will stop being facetious and answer that one: We don't have any money. Why? Because all SISU "Coventry City Money" is being spent on keeping the club running, paying wages, etc. This is the reason why over the last few seasons they've sold players they had bought previously for a profit. Good business in anyone's book, but yes, frustrating for us fans if there isn't any money to replace them with.

However, personally I think things are looking up. After the awful reigns of Dowie, Coleman and Boothroyd we have a manager who finally believes that fans should be entertained. We have some excellent players coming through: Bigi, Christie and Thomas. Yes, we sold Turner. But he certainly wasn't forced out of the club with a gun to his head and anyway he hadn't played for nine months, so I thought that was a canny deal.

I know I keep banging on about it, but a lot of the trouble we are in stems from previous regimes. SISU have been hamstrung in that the losses far outstrip income. Their biggest mistake was probably taking us over in the first place. They were obviously advised that they could cope with the losses and survive on 24K fans for every home match - who the hell told them that!? Maybe we should have slipped into Administration and started again - we'd be in L2 or lower L1, but I guess everyone would be happy with that as it wouldn't be SISU in charge. We'd have some scrap metal merchant owning us or something.

Coventry City have always had a problem with maintaining support. Look when we won the Cup. We could have sold three times more tickets than we did. I remember speaking to a guy next to me at Wembley and he said "where did all these 'supporters' suddenly spring from"? The question for me is "where do all these supporters go to" when we're not playing Chelsea or United? If they turned up - like they did at Norwich, Leicester, Southampton, Leeds - when they had problems then we'd be OK.

Our core support is too small to sustain a successful side so we will always need to wheel and deal until more people decide to come. All those who moan "I'm not coming while SISU are there" or "while King is playing" or "while it's a bit chilly" are condemning us to more years in the wilderness.

Ok if SISU are the great people that are keeping the club afloat why are they causing so much anger in the stands we can't afford to buy a 350k player. We sold more than we brought in our squad is small mainly full of 18 year olds we ain't man u and we don't have the youth quality as them. All I seem to see off them is lies they don't want to help the club and it would be better if they left. Yes ok BR era we did lose lots of money but the word administration kicked in once we had gone down.

 

[Gaz]

Fully agree that Sisu need to go to save our club.

 

[Nonleagueherewecome]

We should only pay his wage when he's in the city.

Given the quality of job he's doing, we really shouldn't pay the smug git at all.

Shame he isn't locally based, we could protest outside his house.

 

[Nonleagueherewecome]

Voice of reason at last!!! People are frustrated but we all must understand that we are struggling to keep this club afloat and no hoffman will sort this out unless he can magically balance the books and you are not going to be able to do this without buying the ground or getting to the premier league.

We don't know what Hoffman would have done. Saying he couldn't have been a success because SISU deliberately scuppered his bid isn't really fair now, is it-although exactly the line of thinking that SISU want people to follow.

Now what would have been nice is to have seen if Hoffman could have been a success. As it goes, we didn't get that opportunity-thanks to SISU. Maybe the proof of the pudding would have been in the eating-SISU decided to throw their bowl on the floor like an immature child.

 

[Astute]

Fully agree that Sisu need to go to save our club.

:thinking about:

:facepalm:

OK so what would you do differently?

Spend lots of cash we don't have?

Bring in squad players that are not as good as we have already and push the wage bill up, stopping us from being self sufficient?

Let's have a full list of what you would do. Most of what they are doing is putting us in the right direction. They could give the fans a better idea what their plans are. They could stop us from getting our hopes up. Other than having millions to put into the squad they are starting to make better decisions. You keep saying anyone will be better than SISU. You never say why though and make sense that would take our club forward.

I am not a SISU lover, but what they are doing makes sense. We are in a lot better position than we were before they took over.

SISU out, but only when there is someone willing to put(maybe waste millions of their own) money into our club, none of it loans.

 

[oldskyblue58]

Got to be honest nonleagueherewecome neither SISU nor Hoffman covered themselves in glory during the whole bid process. I still remain sceptical that replacing SISU loans with more of the same is the way to go...... it hasnt worked so far (for decades) why would GH be any different. The key to it all is control of the costs whilst there is sensible investment in the squad. GH or anyone else coming in would have to deal with the costs pretty much the way SISU are - they may make money available for the team but bet that will be as loans (so its no different) We will still be left with massive debts and tight cashflow. As you know am not a fan of SISU but cant say i am (apart from him being a proper fan of ccfc) that impressed by the GH side of things either.

 

[Nonleagueherewecome]

The bottom line still remains we don't know exactly what Hoffmans strategy would be. It's made irrelevant by the way in which SISU handled the bid, that's my point. I think it probably was better for the club, but I don't have all the details of the plans-none of us do. If the bestest consortium in the world came in for us, it'd be quashed by SISU if it didn't suit what they perceive as their best interests.

Based on their judgement in every other sphere, I'm prepared to assume that their plans for the future is entirely focussed on their profit rather than the good of the club. I know some people say "nothing wrong with that", but this is a football club-it is not just like any other business. We, the supporters, are all stakeholders. They either don't get that, or simply don't care.

 

[Astute]

The best way of them to make a good profit is getting us a promotion. Nobody can disagree with this. So their aim will be to get us promoted whilst not getting seriously in debt as we were when they took over. Target one should have been reduce costs. I would say they are about there now. Next stage improve team whilst keeping costs down. I would say this is the stage where we are now. Bring through the academy/buy young players with promise and sell them for profit, replacing the player for less money. We have a young team/mainly young squad. We have a fair bit of quality in the team. Certainly lacking cover in the small squad though.

 

[Paxman II]

There is a lot of you not listening on here. Perhaps you are having a wind up for the fun of it?
There has been so much debate on this now it's almost become a bore.
Some of you should spend the time to read fully the FAQ's 1,2 & 3 before repeating yourselves so often!

Goodness me some of you are never satisfied with any outcome. Frustration there may be but some of you need to think more carefully before posting or maybe just listen up fully once in a while. The amount of people on here that take one line and twist it to mean something else is quite incredible. I know some of you are young, some clearly not educated very well and we can all have an opinion that we share but really guys?

I want this SISU lot gone as much as the next man but right now...here and now there are NO alternate scenarios for us. Lets hope SISU keep taking the right steps forward which they are doing in all honesty considering the position they are in. I'm grateful for at least that. Don't want to disbelieve them either but will closely monitor their actions to see if it matches their words.

P.S: If you know anyone who would like to invest heavily then please get in touch with Mr Delieu with something of substance and water tight that would tempt SISU to relinquish their position. :thinking about:

 

[Gaz]

Astute what I would do differently if I was you, would be open my eyes and see that things are not getting better at all with Sisu.
How you can think we are "in a lot better position now" than when they first took over is laughable to say the least.

Our gates are down since Sisu took over, they have sold off players and taken loans out spent next to nothing on the squad completely lied to fans there are so many things I hate that these clowns have done,

It is clear as day that Sisu don't have the money or brains to run our football club, so it doesn't matter what I would do, but it matters what they should do, they should clear off out of Ccfc and not wreck genuine bids for the club just because they don't want to sell the club for what they got it for.

 

[Sutty]

Astute what I would do differently if I was you, would be open my eyes and see that things are not getting better at all with Sisu.
How you can think we are "in a lot better position now" than when they first took over is laughable to say the least.

Our gates are down since Sisu took over, they have sold off players and taken loans out spent next to nothing on the squad completely lied to fans there are so many things I hate that these clowns have done,

It is clear as day that Sisu don't have the money or brains to run our football club, so it doesn't matter what I would do, but it matters what they should do, they should clear off out of Ccfc and not wreck genuine bids for the club just because they don't want to sell the club for what they got it for.

Do you fully remember the situation we were in?

When SISU took over we were on the brink of admin. With pretty much no assets this would have meant relegation and quite possibly liquidation.

 

[Gaz]

Yeah I do.
We were in the shit with money then,
And we are in the shit with money now.

The only reason we might be losing less money now, is because they have got shot of so many players and given AT a transfer budget of a league 1 club at best.

My problem isn't that we should be spending money that we havn't got.
If Sisu havn't got it then move on and let someone who has, but as NLHWC rightly put it, they willdo what's best for them and not what's best for ccfc.

 

[Sutty]

Yeah I do.
If Sisu havn't got it then move on and let someone who has, but as NLHWC rightly put it, they willdo what's best for them and not what's best for ccfc.

Now this I agree with.

SISU want to turn CCFC into a viable business to sell at a profit. They will, in this sense, do what's right for them. I'd love nothing more than Hoffman or someone else coming in with rich backers, buying the club and turning us into a play-off chasing side.

However, there is no-one out there who is prepared to do this, so for now, what's best for SISU is the best we can get.

 

[crowsnest]

When the takeover happend everything the club had including future money from player transfers was mortgaged against loans with interest payable on them.
Within weeks of the takover these loans were cleared.

Do you think the banks would walk away with nothing when they could put the club into admin and get something?

Since then loans were taken out in summer 2010 to pay for player transfers. (who was on the board?)

The loan on ryton has been paid off - how did that happen if we have no money?

They are not going to leave if they are paying off the loans and selling their other businesses to fund the club.

 

[Astute]

Yeah I do.
We were in the shit with money then,
And we are in the shit with money now.

The only reason we might be losing less money now, is because they have got shot of so many players and given AT a transfer budget of a league 1 club at best.

My problem isn't that we should be spending money that we havn't got.
If Sisu havn't got it then move on and let someone who has, but as NLHWC rightly put it, they willdo what's best for them and not what's best for ccfc.

Have you not got a clue or are you just trying to wind everyone up? Are you a Fester fan trying to have a laugh at our expense? If I am wrong then stand back and listen to the vast majority. If it was not for SISU then we would not exist as we know it. They have brought our finances under control. If you take time to look you will see nearly every team in our division has now started to do what we have already been doing. We are ahead of the game. you say they should sell to who has got money to invest. Who is this then? We all want this. The majority of us are realistic though. Nobody else wants us that has extra money to invest without having to loan money against the few assets that SISU have purchased since taking us over.

You need to take a serious reality check. You say that AT has a division 1 teams spending power. Div 1 teams would love what he has. Times have changed. The credit crunch is finally catching up with football. Teams are selling who they can get money for and signing players for free. Open your eyes. Look at teams in our division. Most have released a lot more players than we did. We released players even the fans were saying are crap. Half of them are still without a club. Lets get rid of SISU as they got rid of more deadwood Players will be sold. We are CCFC. We have always sold players. Not a SISU thing. At least we have a direction to go in, not just aim for oblivion.

I could be wrong. You will know I am Gaz :facepalm:

 

[Gaz]

Firstly Astute, pull your head out of your arse, just because i don't lie down to your opinion doesn't make for a Leicester fan or on the wind up so grow up eh son.

I am fully aware that sisu stopped admin and for that i'm grateful, but that doesn't mean that they are right for the club now.

"you say they should sell to who has money to invest, who is that then " ?

well we had others waiting and willing and get this, able to invest, but sisu wreck the bid. And why ? because it wasn't in there interests.
Doesn't matter that it was best for the club. That i have a problem with.

Wanting better for your club does not make you unrealistic, why you keep trying to throw that up just shows how poor your argument is.

If you think a free transfer, a small compensation fee and about £300-£400k is what we should be spending in the championship then i suggest that it is you and not i who needs the reality check.

Most teams have released a lot more players than we did ?

Christ !! i should think so too, have you seen the size of our squad ????

I hear other forumers argument on here about who is the alterative, but you just have a blind love for sisu which is getting in the way of you seeing where sisu are taking our club.
There was a real alternative to the planks that we have now but because it wasn't in there interests it was brought down.

Just because there isn't another bid in for the club at this time, will not stop me letting sisu know that i want them out and someone else in, maybe then they will get the idea and let someone run the club with a) the money to do it and b) the brain cells to make it work.
Thats the bottom line.

And how you can claim the majority are in your view shows how blind you are to it all.
Did you not hear the chants at the Ricoh of sisu out ?????

 

[crowsnest]

Why didn't sisu just say no thanks to the bid. Who has gained by the letter being leaked?

The takeover bid isn't big enough.
£10m for players, £10m for the stake in the stadium. That leaves £10m to cover the £6m losses. Going to run out of money very quick. So no money to buy the club - need it to go into admin.

 

[Gaz]

The only people who gained by the letter being leaked was sisu.

They didn't just say no to the offer because they could see how much support Hoffman's bid had and i'm sure they could see that by turning down a bid that was in the best interests of ccfc
that even more fans would be against them.

I don't for one minute think that Hoffman would put himself in a position where he would take controll of a football club with only enough money to keep them going for a short time.
Didn't he say that it was an initial investment of £30m ?

 

[Astute]

Firstly Astute, pull your head out of your arse, just because i don't lie down to your opinion doesn't make for a Leicester fan or on the wind up so grow up eh son.

I am fully aware that sisu stopped admin and for that i'm grateful, but that doesn't mean that they are right for the club now.

"you say they should sell to who has money to invest, who is that then " ?

well we had others waiting and willing and get this, able to invest, but sisu wreck the bid. And why ? because it wasn't in there interests.
Doesn't matter that it was best for the club. That i have a problem with.

Wanting better for your club does not make you unrealistic, why you keep trying to throw that up just shows how poor your argument is.

If you think a free transfer, a small compensation fee and about £300-£400k is what we should be spending in the championship then i suggest that it is you and not i who needs the reality check.

Most teams have released a lot more players than we did ?

Christ !! i should think so too, have you seen the size of our squad ????

I hear other forumers argument on here about who is the alterative, but you just have a blind love for sisu which is getting in the way of you seeing where sisu are taking our club.
There was a real alternative to the planks that we have now but because it wasn't in there interests it was brought down.

Just because there isn't another bid in for the club at this time, will not stop me letting sisu know that i want them out and someone else in, maybe then they will get the idea and let someone run the club with a) the money to do it and b) the brain cells to make it work.
Thats the bottom line.

And how you can claim the majority are in your view shows how blind you are to it all.
Did you not hear the chants at the Ricoh of sisu out ?????

OK Gaz, you have me there. We know the bid for the club was for £1. What else did the bid consist of? You make out it was a bid that should have been taken. What else did it consist of, other than including someone that was not allowed by the rules? More loans? You seem to know more than anyone else. I could offer them a quid. I could even offer them thousands. After this it would be loans.

I want better for my club, but I also want a more secure future for us. If we are to bring anyone else in it needs to also bring in fresh funds. Loans are what got us into the position we are in at the moment. If the offer was so good why did the side offering a quid not say more? All it has done is cause a rift amongst our fans. What makes you say I love SISU? They are who we have and I have seen nothing that makes me think there is something better out there at the moment.

You say I have my head up my arse. I am being realistic. I say take the blinkers off and deal with reality. When there is a decent offer on the table and it will take CCFC forward then I will be all for it. Until then we have who we have.

 

[torchomatic]

Exactly right. Who's to say that any new owner would be any better?

Aside from the chaotic scenes at the Derby game, I feel SISU are starting to turn us round.

OK Gaz, you have me there. We know the bid for the club was for £1. What else did the bid consist of? You make out it was a bid that should have been taken. What else did it consist of, other than including someone that was not allowed by the rules? More loans? You seem to know more than anyone else. I could offer them a quid. I could even offer them thousands. After this it would be loans.

I want better for my club, but I also want a more secure future for us. If we are to bring anyone else in it needs to also bring in fresh funds. Loans are what got us into the position we are in at the moment. If the offer was so good why did the side offering a quid not say more? All it has done is cause a rift amongst our fans. What makes you say I love SISU? They are who we have and I have seen nothing that makes me think there is something better out there at the moment.

You say I have my head up my arse. I am being realistic. I say take the blinkers off and deal with reality. When there is a decent offer on the table and it will take CCFC forward then I will be all for it. Until then we have who we have.

 

[Gaz]

I'll tell you what else the bid consisted of, bloody investment that's what for a start.
The reason I make out it's a bid that should have been accepted is clear ... Because it should have been accepted.
It was in the best interest of ccfc just not Sisu.

And the reason I seem to know more than anyone else is what Austute ? Is it because my opinion is against yours ?

Again implying the unrealistic tag to anything anti Sisu is a poor argument indeed.

No one knows for sure if new owners will be better, but my view is Sisu have done/ and are still doing an awful job and I can only see us getting weaker under there control, so I'm willing to take that chance.

It's not best the devil you know when the ship is sinking.

 

[Astute]

So a bid you know nothing about should have been accepted?

When SISU took over we were without assets, no ground, lots of millions in debt and sinking without trace. I suppose this is also wrong.

So would they accept a bid of a quid off me? Would I be better than SISU? If not then how could another bid that was illegal when made as one of the members was not allowed to be connected to another club be made? You also say it was a good bid although you know nothing about it.

I will always listen to anyones views, but they ought to make sense to be believed. You say the bid should be accepted because it should have been. Top answer :facepalm:

 

[Gaz]

Where did I say I didn't know anything about the bid ?
Another poor argument from yourself when you have to just make it up as you go along d'oh.

For a start as I said before the Hoffs bid had somthing of huge interest .... Er investment Hello !

Of course Sisu wouldn't accept a bid of £1 from you, they wouldn't accept a £1 bid from the wealthiest man in the world if it wasn't good for them, that's the point !

Would you be better than Sisu ?

Well something tells me you would fit right in with that lot, so it's a no from me.

Another bid could have been made that would have been fine, in business there are always things that need ironing out, and the fact big Sam was a director could have easily been resolved but it was clear Sisu were not interested in a deal and the way they had gone about things had obviously been enough for Hoffman's backers.

 

[Paxman II]

gaz...you are being a bit pedantic here.

You obviously do not live in the world of finance or have much of a clue about business.

You may have a passion for your club as we all do but please read up a bit more.

 

[Nonleagueherewecome]

Typing this classic for the 3rd or 4th time..Hoffman said that Big Sam was a complete red herring, he would have resigned long before the bid reached that stage. Some people won't let the facts get in the way of their pro-SISU agenda, though!



:blue::blue::blue:

 

[Gaz]

gaz...you are being a bit pedantic here.

You obviously do not live in the world of finance or have much of a clue about business.
You may have a passion for your club as we all do but please read up a bit more.

Another fine example of just how poor this pro Sisu argument is when you can't even make one point on the topic.

It surprises me that a very small amount of fans will try anything to force there opinion onto others which is very sad as I thought we all want what's best for the club but it's obvious not some are only interested in trying to win an argument with low intelligence comments like being "pedantic" or "unrealistic just because there view Is different.

Just shows up your argument when you can't even raise points or facts about what's going on.
A very dim way of getting your point over.

Sisu have are no good for us and I can't wait for the day that they go.

 

[Astute]

Where did I say I didn't know anything about the bid ?

Tell us all what you know about the bid. All you keep going on about is everyone that don 't agree with your thoughts is pro SISU.

Try again. A lot of people that do not agree with your thoughts are being realistic. Waiting for all the details about this bid and how all this money would have been coming into our club. All the players this would have bought. The massive wagebill that would have come with it. The continual money that would have been coming into our club to keep covering the losses, these same losses we were having when SISU first took over, these same losses that nearly finished our team off.

I am all for fresh investment. I am all for our club to be taken over by someone that can do it with their own money, not just lots of loans we would be paying interest on again like we used to.

What is getting to you? Is it that Fester keep spending lots? Something is going on there we do not know about. Their chairman was investigated for money laundering. Their house of cards could collapse at any moment. What if their chairman just left? It would be bye bye Fester again.

You keep on going on about lack of investment. Take a look at all the teams around us. Things are even changing in the prem, and they have a vastly superiour income with the Sky money. We even spent more than Everton this season. So you say "We are CCFC. We deserve more. Thanks for saving us and steadying the ship SISU, but someone put an offer in for a quid. I know the offer was a good one. You never took it because you want your money back. You are being greedy. That offer would have brought in lots of money we need. I know this. It is the pro SISU fans that do not have a clue"

 

[wingy]

Think you guys need to get that tin foil on yer heads:thinking about:this feuds been going on longer than Rangers /Celtic

 

[Sub]

Just out of intrest Astute do you know the complete ins and outs of the bid from hoffman ? does anyone? because if they do i would be intrested to know, also how does this differ from the original SISU bid?

 

[Covstu]

We don't know what Hoffman would have done. Saying he couldn't have been a success because SISU deliberately scuppered his bid isn't really fair now, is it-although exactly the line of thinking that SISU want people to follow.

Now what would have been nice is to have seen if Hoffman could have been a success. As it goes, we didn't get that opportunity-thanks to SISU. Maybe the proof of the pudding would have been in the eating-SISU decided to throw their bowl on the floor like an immature child.

I was hoping the same nonleague but i am not buying the 'reason' for pullingout of this deal, it seems more childish from Hoffman's co-op rather than the other way around.

 

[Astute]

I do not know the details of the bid. It is not me saying it was a good bid though. It is not me saying the bid should have been accepted as it would have refinanced our club and sorted out all our problems. It was not me that first said one of the bidding group was not allowed to be involved because of football rules. We have heard so many times on here Big Sam would have resigned from it. So they know he did not have money tied up in the deal, not knowing it would have been illegal at the time? If the deal was good enough or close to what is needed, and also Big Sam was ready to resign, and he did not have money tied up, why did they not come in with another bid?

This tells me the bid was either a cheeky one or one to cause the unrest it has, hoping to put pressure on SISU to accept a poor bid.

The first thing in anything like this would have been to make sure it is a legal bid. It was not. When this was found to be true there was no more bids by the consortium. This did not fill me with confidence from what they wanted to do.

SISU want out and we want them out, but they will not give everything away for nothing and lose their investment. The first decent bid and they will be gone.