NortonSkyBlue
Well-Known Member
Bravo Nostradamus!
Bravo Nostradamus!If you think that, you've got a screw loose mate! It's the "Nature of the beast" Hedge Funds asset strip, that's what they do. NLHWC and myself predicted this happening years ago, and believe me, it gives me no pleasure whatsoever!
But how many would believe him? He has done the best thing by saying that we will have a top 8 budget if our budget ends up being about 7th or 8th.Last week was the time to make noises when people were on a high. Fisher could have said we realise the fans will turn out if we are successful. He could have made the right noises all week did he? Did anybody in the club? No, wonder why that is?
Does that make it ok then?
Sorry mate, but people like Torchy never said a word about the state of the Club then, when we were in the Premier League, yet "Give it large now, when we're berating the present owners"
Does your w key sometimes do a b?Tim fisher once a banker all ways a banker.no new stadium lost the customers going down next season is massive.
Bravo Nostradamus!
Last week was the time to make noises when people were on a high. Fisher could have said we realise the fans will turn out if we are successful. He could have made the right noises all week did he? Did anybody in the club? No, wonder why that is?
Does that make it ok then?
Sorry mate, but people like Torchy never said a word about the state of the Club then, when we were in the Premier League, yet "Give it large now, when we're berating the present owners"
doesn't make it OK mate but I think most supporters, especially outside of the Premiership, have had a reality check over the last few years and none more so than us.
How the fuck do you know?Does that make it ok then?
Sorry mate, but people like Torchy never said a word about the state of the Club then, when we were in the Premier League, yet "Give it large now, when we're berating the present owners"
How the fuck do you know?
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Yes I did actually. I was one of the RR Get Richardson/Robinson out campaign. We stood by the turnstiles at many games handing out leaflets. Most just screwed them up in front of us. So I DID try and do something about them. You?
Weren't you always "Waxing Lyrical" about Lloyd McGrath and a few other players? Where do you think the money came from to buy those players?.... Btw, I apologise if you campaigned to get Richardson/Robinson out. I personally never saw anyone giving out leaflets, maybe at a different turnstile eh?
He could have started off with a bit of praise for the fans doesn't take much does it? What has to happen, does he have to be dragged kicking and screaming to say we exsist Well of course that is until he has to blame someone.But how many would believe him? He has done the best thing by saying that we will have a top 8 budget if our budget ends up being about 7th or 8th.
You are correct, it doesn't take much but sadly it seems that is missing from his DNA.He could have started off with a bit of praise for the fans doesn't take much does it? What has to happen, does he have to be dragged kicking and screaming to say we exsist Well of course that is until he has to blame someone.
I know you read this site Mr Fisher how about showing just a little humility might go a long way. Not going to happen though is it?
McGrath came through the Youth systemWeren't you always "Waxing Lyrical" about Lloyd McGrath and a few other players? Where do you think the money came from to buy those players?.... Btw, I apologise if you campaigned to get Richardson/Robinson out. I personally never saw anyone giving out leaflets, maybe at a different turnstile eh?
Shame it was only 50% successful.I was one of the RR Get Richardson/Robinson out campaign.
There is spending money and wasting money. Richardson wasted our money. SISU wasted their money. So you could say that Richardson was worse. Especially as one led to the other.Agreed, but at least former owners(Doesn't make it OK either) tried to give us a winning Football Club. Something this present ownership have failed miserably at.
As an aside, I see comments that hedge funds, by their nature, asset strip.
That isn't actually true. Liverpool, for example, are owned by a hedge fund, and there are a number of interesting articles about their time with Boston Red Sox, should anybody wish to read them
And... we didn't have any assets to strip.
What they are, however, is less regulated than certain other areas of finance, and more prone to the high risk-high return punts, that if they fail can have spectacular fall-outs...
And notwithstanding Liverpool's current successes, my fear with business owners is always that the decisions will be taken for the business, not for the club. An owner with no attachment has no qualms in doing some very unpalatable things, to claw back an investment...
There is spending money and wasting money. Richardson wasted our money. SISU wasted their money. So you could say that Richardson was worse. Especially as one led to the other.
And saying that we should forget the past doesn't work for me unless you are happy to forget the past with SISU.
I'm not saying forget the past Astute mate. I'm saying while we were in the Premier league very little was mentioned about the Football Clubs debts. People were ok as long as we bought in top Class players the like of Dublin, McCallister, Hutchison etc. and we were playing the top teams in England. It's only coming to light for thousands of fans with 2(In a few weeks 3) relegations where the last 2 were very avoidable with investment.
McGrath came through the Youth system
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Back in the mid-1990s Coventry City were financially stable, the perennial ‘Houdini’ club of football with only Arsenal, Everton and Liverpool having stayed longer in the top-flight for a continuous spell.
By the late-90s, CCFC Directors had grandiose dreams for the club which outweighed their business sense and started to spend on transfer fees and wages at a rate that far exceeded the income the club received. One of these dreams was to leave Highfield Road with a capacity of 23,000 for a much larger stadium, a strange decision you might think as Highfield Road was only sold out two or three times per season. Eventually, this was to see the club move into the magnificent Olympic-standard Ricoh Arena in 2005.
However, before a single piece of earth was turned on the construction project, the risks taken by the Directors had put the club into real financial crisis. The money that would be raised from the sale of Highfield Road had been squandered and when the club was relegated to the second tier in 2001, there were reportedly debts of £60million.
Coventry City Council stepped in at this point to rescue the new stadium project and funded the construction at a total cost of £113million. Coventry City would therefore have their new home, however the Club Directors were in a weak negotiating position and the terms of the lease were very steep.
Although the football club paid an annual rent of £1.3m+ covering matchday expenses, Coventry City did not enjoy any of the matchday revenues apart from ticket and merchandising sales; the club was deprived of the benefits from food and beverage, car-parking etc. Also, there was no access to profits from other events such as conferences and concerts, or from the hotel and casino which were part of the complex, as these were not part of the tenancy arrangement.
- See more at: The demise of Coventry City Football Club | Football Supporters' Federation
It wasn't aimed at anyone in particular. It was those who want to keep the past as the past and not to be brought up. But always have a go at one side like SISU or CCC for something that happened in the past that has led to this situation.I'm not saying forget the past Astute mate. I'm saying while we were in the Premier league very little was mentioned about the Football Clubs debts. People were ok as long as we bought in top Class players the like of Dublin, McCallister, Hutchison etc. and we were playing the top teams in England. It's only coming to light for thousands of fans with 2(In a few weeks 3) relegations where the last 2 were very avoidable with investment.
It was players wages that did us. We didn't do too badly with transfer fees....other than overpaying for some donkeys.Wow!.... I didn't know that!!!.............. You must be talking about the Lloyd McGrath, born in Birmingham and made his debut in the 8-2 slaughter by Southampton back in the old Division 1 days. You live and learn eh!..............I was talking in general about players(Wages, transfer fees, etc) Torchy is always going on about McGrath being his favourite player and a lot of other players that cost big money to bring to the Club, but lets not let those facts muddy the water eh!
I'm not saying forget the past Astute mate. I'm saying while we were in the Premier league very little was mentioned about the Football Clubs debts. People were ok as long as we bought in top Class players the like of Dublin, McCallister, Hutchison etc. and we were playing the top teams in England. It's only coming to light for thousands of fans with 2(In a few weeks 3) relegations where the last 2 were very avoidable with investment.
Wow!.... I didn't know that!!!.............. You must be talking about the Lloyd McGrath, born in Birmingham and made his debut in the 8-2 slaughter by Southampton back in the old Division 1 days. You live and learn eh!..............I was talking in general about players(Wages, transfer fees, etc) Torchy is always going on about McGrath being his favourite player and a lot of other players that cost big money to bring to the Club, but lets not let those facts muddy the water eh!
And while it was all going on having what was said to be the second highest paid chairman. Also heard about other expenses at the time. Yet we were one of the small clubs in the top flight.The only person muddying the water is you. Not sure why you keep bringing me up, but nevermind. In your original post "Weren't you always "Waxing Lyrical" about Lloyd McGrath and a few other players? Where do you think the money came from to buy those players". I've always waxed lyrical about Lloyd McGrath because he is my all-time favourite player. And he cost fuck-all, which is why I am confused as to why use me and my favourite player as an example in your ramblings. No one can touch him as far as I'm concerned.
However, you won't find any post on here where I would be "waxing lyrical" about Keane, Dublin, Huckerby, Whelan, McAllister or any of the others who either by transfer fees or wages started our decline. We know where the money came from; debt. It was like we were buying all our players on a credit card without the ability to pay it back and as I have said to you, some people WERE getting cross about the situation and trying to make other fans aware, particularly during that first season in the Championship.
And while it was all going on having what was said to be the second highest paid chairman. Also heard about other expenses at the time. Yet we were one of the small clubs in the top flight.
If only the truth could come out one day.
Well McGinnity's no longer with us, so whoever lasts longest out of Robinson and Richardson will have the chance to share their version of the truth.If only the truth could come out one day.
More trouble..Running away with Division 4 would be better than sitting on the bottom of Division 3. We would have some excitement at last. But if we end up near the bottom of Division 4........
The only person muddying the water is you. Not sure why you keep bringing me up, but nevermind. In your original post you stated "Weren't you always "Waxing Lyrical" about Lloyd McGrath and a few other players? Where do you think the money came from to buy those players". I've always waxed lyrical about Lloyd McGrath because he is my all-time favourite player. And he cost fuck-all, which is why I am confused as to why use me and my favourite player as an example in your ramblings. No one can touch him as far as I'm concerned.
However, you won't find any post on here where I would be "waxing lyrical" about Keane, Dublin, Huckerby, Whelan, McAllister or any of the others who either by transfer fees or wages started our decline. We know where the money came from; debt. It was like we were buying all our players on a credit card without the ability to pay it back and as I have said to you, some people WERE getting cross about the situation and trying to make other fans aware, particularly during that first season in the Championship.
Yeah, you're talking complete bollocks againWow!.... I didn't know that!!!.............. You must be talking about the Lloyd McGrath, born in Birmingham and made his debut in the 8-2 slaughter by Southampton back in the old Division 1 days. You live and learn eh!..............I was talking in general about players(Wages, transfer fees, etc) Torchy is always going on about McGrath being his favourite player and a lot of other players that cost big money to bring to the Club, but lets not let those facts muddy the water eh!
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