KenilworthSkyBlue
Well-Known Member
Burton.
Club update (2 Viewers)
- Thread starter SlowerThanPlatt
- Start date
Burton.
David O'Day
Well-Known Member
You have totally missed the point yet again. We haven't been a bad side this year and barring individual errors we would be in a much better position. We aren't going to keep losing points like this.
If we'd been awful and were still losing then the doom and gloom nonsense might have been warranted but in reality it's just the spoutings of clueless folk trying to look big on an internet forum.
Grendel
Well-Known Member
they have security in a stadium going nowhere us not so sure
David O'Day
Well-Known Member
Average at best? Are you on crack kid?
I said you are likely a WUM poster and you have pretty much proved it
David O'Day
Well-Known Member
I'll call you matt spliff as the nonsense you come out with makes me thinks there's too much plastic in your dirt bar
Matt smith
Well-Known Member
What for having a differing opinion on Simon Moore?
sorry Jesus wept
think many agree Simon Moore is average
letsallsingtogether
Well-Known Member
It nothing to do with Rugby is it.
they get a rent from CCFC if we owned it we would already be behind. The stadium needs money spending on it,
It will never get any decent conferences with the nec up the road it already has a couple of bands every year.
suppose we could get the big truck show back.
How many clubs make money from there stadiums, look at the 3 clubs promoted last season, how much did they make from their grounds last year and how much more will they make this year?
Matt smith
Well-Known Member
David O'Day
Well-Known Member
No for talking utter shit 24/7
Matt smith
Well-Known Member
David O'Day
Well-Known Member
Yes, you do talk drivel.
Remember when you were telling everyone Vik was off to Everton? Drivel
But once again you completely miss the point yet again.
fatso
Well-Known Member
I think we've opened another can of worms here though, as in too many clubs can't be viable while players are earning too much, and agents take so much money out of the game etc.
The game needs an overhaul financially.
David O'Day
Well-Known Member
no in everyone's opinion, you're a weirdo that only turns up when we thinks he can post doomy nonsense that is not based in any kind of reality
I am beginning to think you aren't even a city fan and you are getting your kicks telling everyone on a city forum how shit their team is
sunderland? leicester? villa? blues?
letsallsingtogether
Well-Known Member
Matt smith
Well-Known Member
MalcSB
Well-Known Member
It doesn’t say that. The view has been that we paid the upfront cost to be recovered through a reduction in rent for rest of the year - which we all would have expected. The wording if the statement is entirely consistent with that view.
David O'Day
Well-Known Member
call a moron a moronPersonal insults
well done mate
letsallsingtogether
Well-Known Member
So in reality did we win all our games and top of the table?
I am always optomistic about CCFC but even I am getting worried.
Matt smith
Well-Known Member
let’s hope for an improved performance and a much needed win tomorrow
Colin Steins Smile
Well-Known Member
My take on the statement from the club CEO & Owners is:
1. They've been surprised by the negative reaction from us to selling Hyam.....god only knows why? The leadership in the club are trying [possibly too late] to stem the fan base voicing their disapproval at games.
2. The careful wording connected to the clubs finances relates to short term loans needing to repaid to SISU investors at high interest. This is serious drain on the club.
3. They expected to sell.....preferably Hamer or one of the higher valued players, but over estimated the market value. If a PL team had come in for one of those players, then they might have realised a big fee. However, transfer fees within the EFL are generally more modest. Hence, leading to the "panic" sale of Hyam.
It shows a bit of nativity from our executive team.
4. The Championship is a financial "basket case" and has been for years. The CCFC mode of operations is an exception in this league and it shows.
5. To trot out the new ground item again.... that even the club staff know is nonsense....is silly.
6. SISU may want to sell, but their valuation in this post pandemic, UK heading for recession environment is probably ludicrous. So, they will not be able to realise a return for their investors, which means we are stuck with them.
1. They've been surprised by the negative reaction from us to selling Hyam.....god only knows why? The leadership in the club are trying [possibly too late] to stem the fan base voicing their disapproval at games.
2. The careful wording connected to the clubs finances relates to short term loans needing to repaid to SISU investors at high interest. This is serious drain on the club.
3. They expected to sell.....preferably Hamer or one of the higher valued players, but over estimated the market value. If a PL team had come in for one of those players, then they might have realised a big fee. However, transfer fees within the EFL are generally more modest. Hence, leading to the "panic" sale of Hyam.
It shows a bit of nativity from our executive team.
4. The Championship is a financial "basket case" and has been for years. The CCFC mode of operations is an exception in this league and it shows.
5. To trot out the new ground item again.... that even the club staff know is nonsense....is silly.
6. SISU may want to sell, but their valuation in this post pandemic, UK heading for recession environment is probably ludicrous. So, they will not be able to realise a return for their investors, which means we are stuck with them.
Brighton Sky Blue
Well-Known Member
Let's suppose your only signings were strong prospects from the leagues below or elsewhere. Perhaps make 3 or 4 each year, at roughly £500k a pop up front. Then after a year or two sell them on for enough to give a slice back to the owners but to also get the next batch in. Repeat until promoted or otherwise secure in the division.
When we actually have a few quid to spend more often than not we get a fair bit of bang for our buck. When we have fuck all and have to scrape around we're relying on players more raw than sushi. A pity, it really honestly wouldn't take much extra spending.
Skybluedownunder
Well-Known Member
Whenever the newspapers do richest club owners in the championship Joy Sepalla always comes out towards the top yet every season we are told we have one of the smallest budgets in the championship, lower than the clubs that get promoted each year, they literally don’t want to put their hand in their pockets and if that’s the case then football ownership is not for you and you should leave
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fatso
Well-Known Member
Leaving isn't possible though is it.
It's fucking naive in the extreme to say they should leave. This is typical of so many fans.
How the fuck do Sisu leave without someone to take over ? Answer that little conundrum if you will!
Who the fuck is going to pay to buy the club, and then guarantee to pay the wages and the rent every month, when we continue to make a loss??? We havnt made any money since the last home game of last season ffs!!!!
Yet we've covered our rent, paid wages paid to fix a fucked up pitch etc etc.
Seriously, if its so fucking easy, why don't you take the club over as you seem to have the answers!!!
Jesus christ so many on here think they are experts in how businesses finance. We have been dancing with the devil ever since Sisu came in and even if they haven't inserted cash in to the club for the last 10 years or whatever they provide liquidity when the club need it. They may choose to take that cash back when the club can afford it but the reality is without access to that cash we would be in a far worse state. I also think it's in our favour if we want Sisu gone that they don't rack up huge debt otherwise any chance of finding a buyer would be pie in the sky with the likely end game being winding up to get some money back. Sisu have provided funds to stop us getting in to trouble for a long time now I don't understand why people feel they aren't entitled to a return on investment for this effort and cash. They are a business and in this case have a loyalty to their investors to deliver an ROI. They don't have a palatable exit plan as it stands that delivers this. I'm not saying any of the above is brilliant news for CCFC and the only way I see this moving forward is someone valuing the squad at their exit price or by reuniting the club with the stadium. None of what has happened to the stadium was in Sisus business plan and to be fair what happened was pretty left field in their minds I bet we were a few years ownership maximum.
Liquid Gold
Well-Known Member
But you're implying there is no interest in the club. Outsiders have shown interest before but been told the club is vastly over priced.
What we don't need is proof a buyer is waiting in the wings, what we need is the current owners to give a reason why they are interested in owning a loss making championship club if they're not bothered in the sporting achievement.
Sky_Blue_Dreamer
Well-Known Member
That's fine, but in business there has to be investment to improve or you end up failing. If you were still running your business using a Nokia 3210 and Windows 98 on a dial-up modem because you don't want to fork out to upgrade I'd suggest your business isn't going to last long.
I accept football is batshit crazy and doesn't live in the real world, with every club overstretching themselves, but it's hardly news. If that's not something you want to do don't get involved in the first place.
Great_Expectations
Well-Known Member
Seven pages on and how many years down the line and we’re still having the same conversation and same old arguments.
Interesting there’s some posters loving these threads, who are barely seen on the actual football related ones.
If we want to try and take a positive from the statement, it’s that the key elements the club have picked out to “address” are those we as fans have been raising concerns/questions over. So they are cognisant to the worries of their “customers”.
One thing that is becoming more and more apparent is the clear differentiation between the club and SISU. The club it seems is left to it’s own devices in every sense.
Interesting there’s some posters loving these threads, who are barely seen on the actual football related ones.
If we want to try and take a positive from the statement, it’s that the key elements the club have picked out to “address” are those we as fans have been raising concerns/questions over. So they are cognisant to the worries of their “customers”.
One thing that is becoming more and more apparent is the clear differentiation between the club and SISU. The club it seems is left to it’s own devices in every sense.
Grendel
Well-Known Member
They clearly couldn’t care less about customers
it’s like going into a restaurant you go every week and have the same steak. One day steaks not available and you get beans on toast. Then you get charged the same £28 - when you ask why - you are told if you don’t pay it I’ll close down where will you eat?
KenilworthSkyBlue
Well-Known Member
If anything box-gate is proof of this.
They've had months to provide sufficient warning yet they seemingly can't even be bothered to extend common curtesy to their higher paying customers.
KenilworthSkyBlue
Well-Known Member
What have they actually addressed? Except confirm in a statement that they can't afford to operate in this division.
The excuse for the lack of notice regarding the boxes being out of use was also utterly pathetic.
Hobo
Well-Known Member
FFS I was just getting my head around us being a supermarket and now we are a restaurant?
Brighton Sky Blue
Well-Known Member
FFS I was just getting my head around us being a supermarket and now we are a restaurant?
Well that's if you count Little Chef as a restaurant