"I want return on my investment" quote from JS (1 Viewer)

[Snozz_is_god]

For me this was the most telling quote from Les Reid's interview with JS last week.

Says it all folks!

This woman is only interested in making Money and she'll do it how ever she can.

Well Joy, you're not going to get any of mine......



http://www.coventrytelegraph.net/news/coventry-news/coventry-city-fc-owner-joy-6096912

 

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[Samo]

For me this was the most telling quote from Les Reid's interview with JS last week.

Says it all folks!

This woman is only interested in making Money and she'll do it how ever she can.

Well Joy, you're not going to get any of mine......



http://www.coventrytelegraph.net/news/coventry-news/coventry-city-fc-owner-joy-6096912

And what, in principle, (grave SISU errors aside) is wrong with that? Just business.

 

[mark_ccfc]

And what, in principle, (grave SISU errors aside) is wrong with that? Just business.

In principle nothing, but she it's my money she's after it's a problem to me. She,s not getting anymore of mine either.

 

[Snozz_is_god]

And what, in principle, (grave SISU errors aside) is wrong with that? Just business.

Nowt wrong with it, if it was a normal business, but football isn't a normal business.

There were never going to make money from Coventry City, it hasn't made money for decades.

She isn't going to make any from the football club now or ever.

 

[chiefdave]

And what, in principle, (grave SISU errors aside) is wrong with that? Just business.

There's nothing wrong with wanting your money back but if I walked down the street burning £50 notes when I had no money left I couldn't just go 'I want my money back'. If you take a risk you risk losing. At the moment Joy is saying she wants her money back but has no business plan to achieve that and the suspicion is she would be happy to get her money back no matter how much damage is done to CCFC in the process.

 

[wince]

I spent 20 quid at the bookies and want it back , think I will go tomorrow spend another fiver , must win tomorrow

 

[GaryPendrysEyes]

Nothing wrong if they grow a successful profitable business, unfortunately they have done the reverse.
...and who believes that the Ricoh wouldnt be treated as a separate business unit by them, with no benefit going to CCFC in any case [although they would very likely incompetently screw the Ricoh up as well]

 

[SkyblueBazza]

And what, in principle, (grave SISU errors aside) is wrong with that? Just business.

In business you suck-up to your customers a bit. Treat them with contempt & they'll ruin you. Ask Gerald Ratner!
Then you reach a point where you just take what you can get. If the JR goes against & the gated are still below 3k I wonder if their nerve will hold?

 

[Snozz_is_god]

In business you suck-up to your customers a bit. Treat them with contempt & they'll ruin you. Ask Gerald Ratner!
Then you reach a point where you just take what you can get. If the JR goes against & the gated are still below 3k I wonder if their nerve will hold?

Oh yes Gerald Ratner: "How can you sell this for such a low price?", I say, "because it's total crap."

How to make money the Joy Seppala way. Piss off 90% of your customers by moving a football club 35 miles away from it's core support and treat them as if they are idiots.

 

[Mr T - Sukka!]

So she says she has put in over £60m. And wants a return on it.

Now just say our academy produced the next Gareth Bale or simular (Very unlikeley i know, just trying to come up with a reason we would get a massive influx of cash)

And say that player went for £61m. (This is just a senario before anyone gets thier knickers in a twist)

Would she bank the £60m and only plough £1m back into Coventry City FC? Or would she just cash the lot of it?

 

[Sbarcher]

Just saying like...... If we ever see a CCFC palyer worth £61m, rest assured, we would have sold him for £1m with no sell-on clause.

 

[Astute]

When SISU took over we were one step away from making them a lot of money. At least half of the team were good enough. Wrong manager though maybe. They then lost their bottle.

It has been seriously downhill since. And they don't seem to have a clue on what to do next.

 

[ohitsaidwalker king power]

I want the return of my football team... guess we both know what it is to want Joy?

 

[Samo]

There's nothing wrong with wanting your money back but if I walked down the street burning £50 notes when I had no money left I couldn't just go 'I want my money back'. If you take a risk you risk losing. At the moment Joy is saying she wants her money back but has no business plan to achieve that and the suspicion is she would be happy to get her money back no matter how much damage is done to CCFC in the process.

And there's the rub... Nothing at all wrong in princple but... we all have to take responsibility for our investments. I find it incredible that after all thier errors they feel this entitlement. If you invest unwisely, you lose and you move on, that's life. I think Joy feels she is still at the table, still in the game, she can't bring herself to fold. We will see.

 

[Grendel]

In business you suck-up to your customers a bit. Treat them with contempt & they'll ruin you. Ask Gerald Ratner!
Then you reach a point where you just take what you can get. If the JR goes against & the gated are still below 3k I wonder if their nerve will hold?

Depends on the business. That mantra certainly doesn't apply to every business - take energy companies as an example.

 

[georgehudson]

speculate to accumulate,
under the sisu banner, Schmeichel, Fulop, Westwood, Crainie, Turner, Dann, Fox, Tabb, Gunnarsson, Cork, Clingan, Henderson, Best, King, Jiewkowicz, Bigirimana, Wood, McGoldrick, Cameron, Van Arnholt, Norwood, Nimely,
& that's just a few, or more,
ignoring the possibilities of signing the likes of Carroll etc.,
so i,m sure the wisdom of Cap't Bullshit Fisher (imho) will prevail,
because he is doing a great job

 

[SkyblueBazza]

Depends on the business. That mantra certainly doesn't apply to every business - take energy companies as an example.

Energy, oil & several other industries defy that logic because they are not really in competition - officially they are, but in reality they are simply a consortium of providers for a necessity. Also the customer doesn't directly have physical contact with the product (barring accidents lol)

 

[thaiskyblue]

Just saying like...... If we ever see a CCFC palyer worth £61m, rest assured, we would have sold him for £1m with no sell-on clause.

spot on !

 

[luwalla]

previous investors in coventry city wanted a return on their investment.. but unfortunately SISU demanded the shares off them for nothing, cant have it both ways im afraid..

 

[CCFCChadders]

I want the return of my football team... guess we both know what it is to want Joy?

Spot on. It's your fault Seppala that you have lost your investment and its YOUR fault we have lost our home.

JS you are entitled to FUCK ALL. SISU OUT.

 

[RoboCCFC90]

Oh yes Gerald Ratner: "How can you sell this for such a low price?", I say, "because it's total crap."

How to make money the Joy Seppala way. Piss off 90% of your customers by moving a football club 35 miles away from it's core support and treat them as if they are idiots.

You make it sound as if intentionally it there was idea to do that.

 

[andyboy81]

God forbid someone invested money into something and wanted their money back!!!

 

[chiefdave]

God forbid someone invested money into something and wanted their money back!!!

If you don't want any risk you don't make risky investments. They've invested in a risky business as they thought they could get a huge % return but that hasn't happened. They've gambled and they've lost. If they had guided us to the Prem and huge profits I'm sure noone would be complaining if they took a dividend or sold us on to make a profit but in what world can you take over a business, lose 90% of the customer base and expect to come out with more than you've put in???

 

[andyboy81]

If you don't want any risk you don't make risky investments. They've invested in a risky business as they thought they could get a huge % return but that hasn't happened. They've gambled and they've lost. If they had guided us to the Prem and huge profits I'm sure noone would be complaining if they took a dividend or sold us on to make a profit but in what world can you take over a business, lose 90% of the customer base and expect to come out with more than you've put in???

So what Divided / asset stripping (which they have been constantly been accused of) have you seen?

The club would POSSIBLY turn a profit if they and the Ricoh were the same entity but then people go fucking nuts about it.

People spend the whole day contradicting themselves on this site!! "We want the club to be competitive but refuse to back the club owning the Arena "

 

[chiefdave]

So what Divided / asset stripping (which they have been constantly been accused of) have you seen?

The club would POSSIBLY turn a profit if they and the Ricoh were the same entity but then people go fucking nuts about it.

People spend the whole day contradicting themselves on this site!! "We want the club to be competitive but refuse to back the club owning the Arena "

I didn't say they had taken a dividend I said if the club was succesful and making a profit people wouldn't object to them taking a dividend.

IMHO I don't think people are against the idea of the club and stadium being united they are just concerned, given the way SISU have operated to date, of handing it over to SISU on the cheap. There is no guarantee that the 2 would stay united if it wasn't benefiting SISU. For me the best route to stadium ownership would be for SISU to purchase the Higgs share and over the next 5 years (the minimum amount of time we'd be looking at to build a new stadium) prove themselves as trustworthy owners operating in the best interests of the club and city.

 

[stupot07]

When SISU took over we were one step away from making them a lot of money. At least half of the team were good enough. Wrong manager though maybe. They then lost their bottle.

It has been seriously downhill since. And they don't seem to have a clue on what to do next.

The problem was not sacking Coleman, you say at least half of the team were good enough for promotion, but in reality they consistently narrowly avoided relegation.


Sent from my iPhone using Tapatalk - so please excuse and spelling or grammar errors

 

[No future with SISU]

So what Divided / asset stripping (which they have been constantly been accused of) have you seen?

The club would POSSIBLY turn a profit if they and the Ricoh were the same entity but then people go fucking nuts about it.

People spend the whole day contradicting themselves on this site!! "We want the club to be competitive but refuse to back the club owning the Arena "

Look up the accounts 2011 and look at turnover for ltd/holdings and add them together then take £4.5m wages off and they are left with £6m which turns into -£15 m when the interest is added. The club can be profitable without ownership of the staium

 

[No future with SISU]

God forbid someone invested money into something and wanted their money back!!!

and you want the council to give the ricoh to sisu on the cheap and lose a lot of money

 

[No future with SISU]

Depends on the business. That mantra certainly doesn't apply to every business - take energy companies as an example.

The wigan chairman commented you do not invest in a football club to make a profit

 

[Nonleagueherewecome]

"I want my elephant".

 

[dongonzalos]

I want a return on my 40,50,60 million investment

I know if I turn it into a 100 million pound investment, then surely I will get a return.

Not sure about you lot but I know one company I would never trust to invest my money!!!

If wolves got promoted at the end of the season would someone pay 110 million for them?