Fisher live on CWR.... the countdown begins. (11 Viewers)

[chiefdave]

"we want to get as many callers on as possible"

But still plenty of time for the travel.

 

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[dongonzalos]

CWR "no one believes you will get a new stadium Tim"

TF "last few days I have been negotiating on a new site"

Why can everybody else buy land when they want a new stadium but we have been researching and negotiating for 7 years. We have had some serious bad luck???

 

[sw88]

Juggy -

what's happening with their 5 point plan

"Take step back about last months. I stepped away and Anderson was focal point for contact".

"I had better things in my life to be doing"

"Re 5 point plan - blown off course. Need to generate more cash. No one more disappointed than me after our downfall last season"

"First priority is the football team"

 

[ccfcway]

Juggy "you have failed on all 5 points of your 5 point plan,. Its over mate"

 

[ccfcway]

TF now arguing about one of the points, academy

 

[tisza]

don't tell us no-one was more disappointed than you over the team's decline.

 

[AFCCOVENTRY]

Fisher is such a patronising twat.

 

[sw88]

Future of academy in doubt?

Just come through audit - pretty good suspicion it'll be good

Looking at alternative location suitable to keep academy going

 

[Great_Expectations]

At least he's actually turned up.

He doesn't help himself with vague, generic answers. Statements mean nothing without evidence.

 

[steve82]

Tim Fisher

 

[Rusty Trombone]

Doesn't think owners will get their £70m back.

 

[skybluepm2]

'I do this. I do that' just fuck off and die you useless wanker

 

[SkyBlue_Bear83]

Juggy -

what's happening with their 5 point plan

"Take step back about last months. I stepped away and Anderson was focal point for contact".

"I had better things in my life to be doing"

"Re 5 point plan - blown off course. Need to generate more cash. No one more disappointed than me after our downfall last season"

"First priority is the football team"

Kieran Crowley said when he left the 5 point plan was SISU bullshit written by them which was forced to be published

 

[ccfcway]

Ben "We have nothing, the club is worthless. We have a manger per year basis. How do you think you will get £70m asking price"
TF "When looking at businesses, you look at where they are on the cycle. When you balance the pedals and you are at plus £1m, it gives you a chance"
Ben "Tim, you have failed and you need to resign"

 

[dongonzalos]

Juggy "You talk about trust and moving fwd. 2nd Jan 15, you published your 5 point plan. We gave you time and good will. Whats happened, as it seems as you ant to start again"
TF "Last 12 months, so we are clear, I stepped away so CA stepped in. CA has now left and I am back in cockpit. 5 point plan, we keep getting blown off course. We cant generate enough cash."

CA looked at it all and clearly decided Ling term at the Ricoh is the only option. Wasps effectively said drop the pointless legal action you won win. SISU said no CA realised there was no other option and left.So what can you do that he can no TF?

 

[ccfcway]

CWR "is there not any though to let someone else have a go Tim ?"
TF "These are the rules of the game, I have to run at break even. Forget liquidation, you aren't going to start off on tier 8"

 

[Otis]

1st question - "9 years of failure and mediocrity. Is there anytime that you can point to which is an improvement in that time"

TF - "we were losing £15m a year and this year we will make £1m"

"as a board we have bought financial stability, but maintain a sense of hope"

Yep, cut loses for sure, but team has tumbled down the leagues.

Can't see how that is a positive. Improvement and worsening in one go.

I'm sure we could drop down to non league and make a profit. Let's do that then.

 

[torchomatic]

He's right about liquidation. That would be shit.

 

[sw88]

Owners are an investment management company

Wouldn't be minded to just sell up and walk away

At this time they have a cost less option

Not for a moment defending position club is in

Rules of game are have to run at break even as don't want club to go bust

Forget duey eyed nonsense (coming back from the ashes)

 

[dongonzalos]

Ben "We have nothing, the club is worthless. We have a manger per year basis. How do you think you will get £70m asking price"
TF "When looking at businesses, you look at where they are on the cycle. When you balance the pedals and you are at plus £1m, it gives you a chance"
Ben "Tim, you have failed and you need to resign"

Christ so are we finally at the top end of the business cycle someone get that £1 back out quick. !!!

 

[chiefdave]

Why are they asking about £70m when he's just said they won't get that?

 

[ccfcway]

David "is £1m EBIT ?"
TF "yes"

 

[torchomatic]

I guess the takeover talk was wide of the mark then?

 

[sw88]

Ebit? No idea what ebit is but David seems to know.

 

[sw88]

All I care about is cash flow

Cash in is not exceeded by cash out

 

[dongonzalos]

He's right about liquidation. That would be shit.

And won't happen administration first which is what is needed sooner rather than later

 

[Nick]

Earnings Before Interest & Tax

 

[derbyskyblue]

e bit??? whats that all about??

 

[Nick]

And won't happen administration first which is what is needed sooner rather than later

What would be gained by Admin do you think?

 

[derbyskyblue]

Cheers nick.

 

[ccfcway]

TF "if we are costless, why would you not just keep it running. That's what I would do"

 

[torchomatic]

And won't happen administration first which is what is needed sooner rather than later

Needed? Why? That wouldn't get rid of SISU.

 

[sw88]

Joy may look to claw back as much value as she possibly could

If running st a cost less option why would you not keep it running, not crystallise (forget his last word)

Most important thing is the club exists

Don't have a sugar mommy / daddy

£40m put into Brighton last 2 years

 

[ccfcway]

CWR "if someone came along who was prepared to put in £40m, would SISU step away and let them do that ?
TF "there is not a queue"

 

[ccfctommy]

Clive Eakin is doing very well here tbf.