Breakeven (3 Viewers)
- Thread starter dongonzalos
- Start date
chiefdave
Well-Known Member
How about new owner buys Wasps and then buys CCFC? CCFC play for free and get all revenues, Wasps get charged £1.3pa rent and have to pay the bonds.
Sky Blue Kid
Well-Known Member
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How about SISU just fuck off on the same boat as Wasps!
stupot07
Well-Known Member
Don't think you'd find anyone argue with that!
How about SISU just fuck off on the same boat as Wasps!
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Sky Blue Harry H
Well-Known Member
It doesn't matter if we 'owe' them £30M or 500M (they can always charge our club an increased management fee any time they like to increase the debt - or write some off if they felt niceaboutit). If we miraculously get promoted and more cash comes in they always have the option to do what they want with said income - not necesaarily going to strengthen the squad, You would at least hope that they could see that if we were nearer the PL we would be more attractive to somebody willing to take a punt on us (hopefully with more nous than them) - even if we were without a stadium.
Bruce the Boot
Well-Known Member
And your point is ? Yes tenants instead of landlords of which the club could have been , You know the intelligence of people who think their big and clever on here does leave a lot tobe desired .
singers_pore
Well-Known Member
Of course, some investment would be great but I think the problems run much deeper than that. I have said for many years that the club is being run very amateurishly by people who don't even treat it as a full time job. JS almost never goes to games. TF turns up on a weekend but does almost nothing during the week. CA was also treating it as a part-time job as he was working on his consultancy the rest of the time.
The club's situation would improve a huge amount just by having someone running things from the top on a full time basis. There are so many areas in which the business could be run better but we are owned by clueless idiots who have no idea and, more importantly, have no real financial interest in turning things around.
I think SISU are just going to keep cost cutting chasing the illusory "self-sufficient" equilibrium while also trying to sell off our only remaining tangible asset at Ryton. As fans we have to hit SISU where it hurts. I think marches and NOPM have little impact on SISU so we really should be upping the ante.
Astute
Well-Known Member
They came back because their plan to get the Ricoh went badly wrong.
Astute
Well-Known Member
clint van damme
Well-Known Member
What the fuck are you on about now you utter cretin?
And if you're going to question peoples intelligence, make sure the post you're doing it in isn't littered with appalling punctuation and grammar.
NortonSkyBlue
Well-Known Member
I applaud Sisu for getting the club on an even keel with its day to day running costs and feel that if other owners had done the same thing then maybe we would never have built up such a huge debt, however what this self sufficiency doesn't take in to account is that we potentially don't have a ground to play on, an academy to groom players and no assets to speak of unless we unearth a Lionel Messi in the next few months.
Breaking even at this time is a red herring, just like if we had won some games on the pitch like last year. It does not change the picture at all, nothing does.
Breaking even at this time is a red herring, just like if we had won some games on the pitch like last year. It does not change the picture at all, nothing does.
Bruce the Boot
Well-Known Member
Is that the best you can do as a reply .
Terry Gibson's perm
Well-Known Member
Yes it's a lovely idea unfortunately most of the football world doesn't bother with it so we are struggling on the field
italiahorse
Well-Known Member
So why didn't they do it when they had the chance ?
clint van damme
Well-Known Member
because they wanted it for next to nothing? I've given up trying to fathom out the reasoning behind anything they do to be honest.
stupot07
Well-Known Member
Has anyone actually gone through the accounts of all the league one clubs? With the FFP rules I refuse to believe we have anywhere near the lowest wage bill or that the majority of clubs are massively investing and making huge losses.
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D
Deleted member 5849
Guest
Nobody wanted the stadium at the price or terms available when SISU were sniffing around.
skybluetony176
Well-Known Member
Even the FFP rules are a red herring. Aside from the fact that it only tells you what you can spend not what is being spent there is also ways around it. Fleetwood for example have an owner I believe who injects equity to get around it. MV also made a point of saying that they don't know where we fall in the budget league this season. That's the opposite to last season where they were falling over themselves to tell us we had a top six budget. That tells me that we have fallen down some places this season, maybe even bottom half. Otherwise they'd be falling over themselves to tell us again.
Sorry but last season was our last chance to constructively get out of this league. If it happens now under SISU's business model it will be luck rather than ambition. League one mediocrity or worse is all we have to look forward to, the odd good cup run aside.
stupot07
Well-Known Member
Looms like Fleetwood's chairman has had enough..
http://www.insidermedia.com/insider/northwest/143408-fleetwood-fc-set-break-even-goal/
Also a few people banging on about Rochdale..
http://www.rochdale.vitalfootball.co.uk/article.asp?a=385919
Yes there is ways around FFP, but IMO the majority of clubs will be starting ro utilitise them to get costs under control and limit the amount of money an owner has to 'invest'. Its win:win for owners.
Our wage bill has probably fallen down, I would be very surprised if its much lower than 12th, it certainly isn't 24th.
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NortonSkyBlue
Well-Known Member
With all due respect you have no idea whether it is 1st or 24th, what is a fact is that we are 24th and last place on the pitch so it is irrelevant where we sit in the budget table, just like it was when Burton and Yeovil were promoted.
stupot07
Well-Known Member
I never said I did know, I just said I find it hard to believe its the worse in the league. It isn't irrelevant, people are saying we're bottom because of lack of investment, but yet there are teams with lower wage bills than us, higher in the league or have been promoted. For me this seasons position is largely down to TMs recruitment and tactics.
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NortonSkyBlue
Well-Known Member
'it certainly isn't 24th.'
No idea if it is!
'For me this seasons position is largely down to TMs recruitment and tactics.'
Couldn't agree more!
italiahorse
Well-Known Member
They over played there hand, raised the odds and lost.
At its worst they could have paid £13M for ACL and took on £14M loan .... total £27M.
What capacity stadium do you get for £27M ? ........ 15,000 ?
Nick
Administrator
When was that?
italiahorse
Well-Known Member
At the start
SkyBlueZack
Well-Known Member
Captain Dart
Well-Known Member
Disprove it. :finger:Prove it
SkyBlueZack
Well-Known Member
There was never any inclination from the council to sell it until CCFC withdrew the rent which propped ACL up. The quote of 24m for F & B revenue when Gidney was in charge hardly points to a realistic sale price. Why? I imagine to put buyers off? A bit like SISU loading and charging the club puts buyers off.
Before SISU, Paul Fletcher had said the council were unhelpful. Does it not say something similar in Gilberts book too?
Now, your turn :finger:
Before SISU, Paul Fletcher had said the council were unhelpful. Does it not say something similar in Gilberts book too?
Now, your turn :finger:
chinamans view
Well-Known Member
We will break even with Sisu,,, when we are playing at Hearsall common and the players are paying the subs
chinamans view
Well-Known Member
We have been making money for the last few years, !!!!! No overheads only ground rent, thats cheaper than owning your own ground and running it, Plus wages but because we get bigger crowds than most in this league we should have the best budget by far. think about it, it makes sense, if you believe Sisu that we are not making money, they will keep laughing at you, that's why they stay.
stupot07
Well-Known Member
Why should we have the best budget by far in the league?
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Nick
Administrator
That's the issue, people don't really understand.
No overheads apart from rent?
Give us the best budget, #nopm