Can anyone Explain this? (1 Viewer)

GaryPendrysEyes

Well-Known Member
I think Sisu are looking for a simpler business model. Buy Ricoh for 7m and sell it for 50 m a few months later.
They couldn't give a flying fook about uniting revenue streams for long term ffp benefits. They aren't Interested in the club they are interested in the Ricoh, that's where the gravy is.
 
J

Jack Griffin

Guest
Incidentally, the season we got relegated the 3 promotion sides wage bills were:

west Ham - £42m
Southampton £29m
Reading £27m

I think it is fair enough to say that the lower down the leagues you are the less important budget is, but teams that get promoted on smaller budgets (like Yeovil were last season) are more the exception than the rule & teams are more likely to get demoted on smaller budgets.

At the moment city are enjoying the benefit of the academy, and if they continue to push academy players into the first team it is going to help attract aspiring players into the academy. The catch is that the cat 2 academy requires £0.5M to run (or you don't get your FA grant) and £0.5M is about the same amount of total TURNOVER from ticket sales at Sixfields (based on 2,500 people paying £9 each, so the reality will be in actual fact substantially less than this after you deduct VAT and account for freebies & concessions)...

PS the acceleration of academy players to the 1st team is an integral part of the Waggot/Fisher strategy. Why? Because it makes them worth something in the transfer market sooner rather than later..
 
Last edited by a moderator:
J

Jack Griffin

Guest
I think Sisu are looking for a simpler business model. Buy Ricoh for 7m and sell it for 50 m a few months later.
They couldn't give a flying fook about uniting revenue streams for long term ffp benefits. They aren't Interested in the club they are interested in the Ricoh, that's where the gravy is.

In fact I wouldn't be aghast to discover they've already lined up a buyer.
 

fernandopartridge

Well-Known Member
I think Sisu are looking for a simpler business model. Buy Ricoh for 7m and sell it for 50 m a few months later.
They couldn't give a flying fook about uniting revenue streams for long term ffp benefits. They aren't Interested in the club they are interested in the Ricoh, that's where the gravy is.

Sell it to whom? If it was worth that much a private investor would surely have attempted to buy it by now?
 
J

Jack Griffin

Guest
Why wouldn't the buyer go direct to the council?

You misunderstand me... I meant that it isn't beyond the realms of imagination that SISU have lined up a buyer (or at least been speaking to prospective buyers) for the freehold/club/yada yada yada so they can make a swift exit if they ever get their mitts on those assets. I can even imagine they've told Les Reid this will happen & that may explain why he takes his point of view.

However, I still think SISU/OTIUM should not get anything for a knock down price & it isn't likely to happen.
 

blueflint

Well-Known Member
Is the first option made up?

The whole thing is made up isn't it? What do you want us to explain?


thought we had got rid of all tossers obviously not.the first plan was offered and refused bu SISU
 

stupot07

Well-Known Member
I think it is fair enough to say that the lower down the leagues you are the less important budget is, but teams that get promoted on smaller budgets (like Yeovil were last season) are more the exception than the rule & teams are more likely to get demoted on smaller budgets.

At the moment city are enjoying the benefit of the academy, and if they continue to push academy players into the first team it is going to help attract aspiring players into the academy. The catch is that the cat 2 academy requires £0.5M to run (or you don't get your FA grant) and £0.5M is about the same amount of total TURNOVER from ticket sales at Sixfields (based on 2,500 people paying £9 each, so the reality will be in actual fact substantially less than this after you deduct VAT and account for freebies & concessions)...

PS the acceleration of academy players to the 1st team is an integral part of the Waggot/Fisher strategy. Why? Because it makes them worth something in the transfer market sooner rather than later..

Yeah spot on.

However, there's nothing particularly wrong with bringing through academy players or buying cheap to sell on to keep the club going, unfortunately we don't sell them at the right time for the right price and have got a lot of the recruitment wrong.

Some interesting analysis about Reading:

Since Reading’s relegation from the Premier League in 2008, they have effectively been a selling club with net sales of £32 million in the transfer market (purchases £12 million, sales £44 million), a complete turnaround from the previous five years which had an aggregate net spend of £18 million. Even then, they were hardly the biggest spenders around, as seen by their record buy being just £2.5 million to secure the services of Emerse Faé from Nantes in 2007.

They have become masters at buying low and selling high, signing players for peanuts, but obtaining large fees for them in each of the last four years: 2008/09 Dave Kitson (Stoke City) £5.5 million, Nicky Shorey (Aston Villa) £3.5 million, Ibrahima Sonko (Stoke City) £2 million; 2009/10 Kevin Doyle (Wolves) £6.5 million, Stephen Hunt (Hull City) £3.5 million; 2010/11 Gylfi Sigurdsson (Hoffenheim) £6.5 million; 2011/12 Matt Mills (Leicester) £4.5 million, Shane Long (West Brom) £4.5 million plus add-ons. As most transfer fees are not disclosed, we have to exercise a degree of caution here with Madejski warning, “The sums of money broadcast in the media are nothing like the actual figures.”

Nevertheless, it is evident that selling players has been an important part of Reading’s strategy. As the 2011 annual report stated, “Player sales remained necessary to allow us to continue to run a competitive squad.” That may seem like a classic oxymoron, but it does make sense to the extent that the sale of one or two specific players for reasonably big money has financed the wage bill of those remaining.
 

hill83

Well-Known Member
thought we had got rid of all tossers obviously not.the first plan was offered and refused bu SISU

Yeah, fuck off mate. 80% and sliding scale etc are made up scenarios. That was my point you dognonce.
Altering it per month, 10 year deal etc. Not a real thing. Made up.
 
Last edited:

dongonzalos

Well-Known Member
http://aprisonofmeasuredtime.wordpr...ive-interview-with-joy-seppala-some-thoughts/

I am not sure if the club 'needs' to own the freehold - but it certainly need to own ACL.
Owning the freehold is more a sisu thing - their exit strategy I would think.

I didn't include that in the options as

1) Could the council and SISU agree a price
2) Would the council be able to justify selling to SISU with their current business record and acumen. Would the Council get the majority vote.

Which is why it is either rent or build your own stadium.

I still have heard nothing on this thread that explains how building your own stadium is more financially viable for SISU or the club.

I hope the next person who gets to speak to any of the SISU hierarchy discusses this point in some depth
 

The Gentleman

Well-Known Member
Sell it to whom? If it was worth that much a private investor would surely have attempted to buy it by now?

How do you know someone hasn't. Maybe ACL/CCC still want Coventry City playing there before it is sold because that is where we should be playing and that is why they haven't sold it. Not saying this is a dead cert but could it be true ? or maybe your blind hatred of ACL/CCC doesn't allow you to believe that they maybe be some good in them.
 

hill83

Well-Known Member
How do you know someone hasn't. Maybe ACL/CCC still want Coventry City playing there before it is sold because that is where we should be playing and that is why they haven't sold it. Not saying this is a dead cert but could it be true ? or maybe your blind hatred of ACL/CCC doesn't allow you to believe that they maybe be some good in them.

That's incredibly convoluted to be fair. It 'could' be true but I wouldn't be attacking people with 'blind hatred' using it as a base argument. Especially before they've had the chance to respond. Even more so when their original comment had absolutely nothing to do with the scenario you've come up with.
 

dongonzalos

Well-Known Member
That's incredibly convoluted to be fair. It 'could' be true but I wouldn't be attacking people with 'blind hatred' using it as a base argument. Especially before they've had the chance to respond. Even more so when their original comment had absolutely nothing to do with the scenario you've come up with.

I think he was replying to Fern?

Hope this isn't a multiple personality moment :)
 

dongonzalos

Well-Known Member
Oh and it wasn't that pie in the sky

It has been offered before so I can't see why it can't be offered again

In 2004 and 2005 a proposal was made by Sir Derek Higgs that there should be different base rents for each League with escalators that would relate attendance to payment. He was a shareholder and director of CCFC and a director of ACL. This proposition was rejected by the then Board of CCFC, as although the base rents for the lower Leagues would have resulted in a reduction on the agreed rent, the rent in the Premiership would have been higher.
 

Godiva

Well-Known Member
I didn't include that in the options as

1) Could the council and SISU agree a price
2) Would the council be able to justify selling to SISU with their current business record and acumen. Would the Council get the majority vote.

Which is why it is either rent or build your own stadium.

I still have heard nothing on this thread that explains how building your own stadium is more financially viable for SISU or the club.

I hope the next person who gets to speak to any of the SISU hierarchy discusses this point in some depth


1) No, not as long as the council has no intention of selling to sisu.
2) Same answer really - not as long as the priority is to get sisu out and not to unite club and stadium.

If JS is serious about never going back as tenant, then the only option is building a new stadium.

And so again the owners let themself - and almost everyone else - down by their total ignorance in the PR department.
Why haven't they long ago explained in detail how they're going to finance, organise and operate a new stadium?
Why haven't they showen us how the club will develop financially from when the stadium is finished - how it will make the club viable and able to compete within the FFP regulations?
JS says she wants a return for her investors - sure, fair enough, but how, how-much and when?

If they were totally open about that and open to discussions and debates they would be able to kill off many of the myths and win over a few supporters.
Even if the new stadium idea is just a bluff - it would be much more effective if backed by reasonable figures.

WTF are they spending their PR money on?
 

The Gentleman

Well-Known Member
1) No, not as long as the council has no intention of selling to sisu.
2) Same answer really - not as long as the priority is to get sisu out and not to unite club and stadium.

If JS is serious about never going back as tenant, then the only option is building a new stadium.

And so again the owners let themself - and almost everyone else - down by their total ignorance in the PR department.
Why haven't they long ago explained in detail how they're going to finance, organise and operate a new stadium?
Why haven't they showen us how the club will develop financially from when the stadium is finished - how it will make the club viable and able to compete within the FFP regulations?
JS says she wants a return for her investors - sure, fair enough, but how, how-much and when?

If they were totally open about that and open to discussions and debates they would be able to kill off many of the myths and win over a few supporters.
Even if the new stadium idea is just a bluff - it would be much more effective if backed by reasonable figures.

WTF are they spending their PR money on?

When Joy spoke about the new imaginary stadium she used Shrewsbury FC as her example. That took 8 years from planning to turnstiles opening and that ground holds less than 10k. Do people really think even Sisu can keep us away from our City for that long and still expect to fill it when it opened. They said they would have a ground that could be extended easily, now I am a building surveyor and know that it isn't just as easy as that and if they were to extend unless it is made from meccano, you couldn't just do it close season and would have to close large sections of ground just to do it which would be seriously damaging unless they have plans to keep us a league 1 side at best. Also spoke to a client of mine at Warwickshire County Council and he said he had heard nothing about any planning talks either informal or otherwise.
 

blueflint

Well-Known Member
Yeah, fuck off mate. 80% and sliding scale etc are made up scenarios. That was my point you dognonce.
Altering it per month, 10 year deal etc. Not a real thing. Made up.

is that an attempt to be insulting try harder
 

hill83

Well-Known Member
is that an attempt to be insulting try harder

Is that an attempt at a sentence? Must try harder. And while you are at it try to comprehend what people mean in their posts before calling them tossers. Saves a lot of bother.
 

blueflint

Well-Known Member
Is that an attempt at a sentence? Must try harder. And while you are at it try to comprehend what people mean in their posts before calling them tossers. Saves a lot of bother.


don't see why you are a tosser. i can comprehend what your saying just can't believe a grown man can be so thick
 

covcity4life

Well-Known Member
don't see why you are a tosser. i can comprehend what your saying just can't believe a grown man can be so thick

h2DCF3C01
 

Users who are viewing this thread

Top