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Investors (1 Viewer)

  • Thread starter ccfchandsy
  • Start date Mar 12, 2013
Forums New posts
C

ccfchandsy

New Member
  • Mar 12, 2013
  • #1
So with all this talk of liquidation do you think any investors will be waiting and watching ready to pounce when the time is right
 
B

Bluegloucester

New Member
  • Mar 12, 2013
  • #2
I hope so, let's wait and see
 

Otis

Well-Known Member
  • Mar 12, 2013
  • #3
Yes, let's cross our fingers and all our toes and buy a rabbit foot and some lucky heather.
 

jimmyhillsfanclub

Well-Known Member
  • Mar 12, 2013
  • #4
Gary Hoffmans got a shiny pound coin, some magic beans & a mouth piece in Richard "bang it" Keys.....

...who else do we need.....it'll all be alright....:facepalm:
 

skyblueelephant

New Member
  • Mar 12, 2013
  • #5
Unless ACL give up the match day revenue we will never be a viable club so don't expect a queue....
 

ccfcway

Well-Known Member
  • Mar 12, 2013
  • #6
Otis said:
Yes, let's cross our fingers and all our toes and buy a rabbit foot and some lucky heather.
Click to expand...

Heather wasnt that lucky, Ben killed her !
 
C

Cov City Daytrader 87

Well-Known Member
  • Mar 12, 2013
  • #7
Otis said:
Yes, let's cross our fingers and all our toes and buy a rabbit foot and some lucky heather.
Click to expand...

We gonna need a whole rabbit, nevermind it's foot!:facepalm:
 
B

Bluegloucester

New Member
  • Mar 12, 2013
  • #8
skyblueelephant said:
Unless ACL give up the match day revenue we will never be a viable club so don't expect a queue....
Click to expand...

I thought they have offered to do so. Fisher rejected the offer.
 

oldskyblue58

CCFC Finance Director
  • Mar 12, 2013
  • #9
skyblueelephant said:
Unless ACL give up the match day revenue we will never be a viable club so don't expect a queue....
Click to expand...

why do they have to give it up (i assume that means free)...........

It can be bought, leased, earned out, ........... in total or in part................ but that has always been the case since CCFC moved into the Ricoh, who is to say a new owner couldnt achieve that? It will take more than the car park and F&Bs to make CCFC viable ..............
 

skyblueelephant

New Member
  • Mar 12, 2013
  • #10
oldskyblue58 said:
why do they have to give it up (i assume that means free)...........

It can be bought, leased, earned out, ........... in total or in part................ but that has always been the case since CCFC moved into the Ricoh, who is to say a new owner couldnt achieve that? It will take more than the car park and F&Bs to make CCFC viable ..............
Click to expand...

Correct me if I'm wrong but the rights were originally sold for £6m and ACL now want £24m to sell them in full - I don't see that as an attractive deal for a new investor (or an existing one).
 

chiefdave

Well-Known Member
  • Mar 12, 2013
  • #11
oldskyblue58 said:
why do they have to give it up (i assume that means free)...........

It can be bought, leased, earned out, ........... in total or in part................ but that has always been the case since CCFC moved into the Ricoh, who is to say a new owner couldnt achieve that? It will take more than the car park and F&Bs to make CCFC viable ..............
Click to expand...

I'm sure there's plenty of other clubs that could be taken over where they wouldn't have to pay to access those revenues and would own their own ground. CCFC doesn't look a very attractive proposition if you don't have an emotional tie to the club, there would seem to be a lot of better options if you want to own a football club.
 

oldskyblue58

CCFC Finance Director
  • Mar 12, 2013
  • #12
chiefdave said:
I'm sure there's plenty of other clubs that could be taken over where they wouldn't have to pay to access those revenues and would own their own ground. CCFC doesn't look a very attractive proposition if you don't have an emotional tie to the club, there would seem to be a lot of better options if you want to own a football club.
Click to expand...

wouldnt disagree, but there might be reasons why an investor wants to........ depends on the price and structure of the deal. You could for example do an earn out on the other streams so there is no up front costs, that might leave more to back the team on the pitch, increase FFP income, then as club succeeds the club earns more, tie in to a defined period and it might be more attractive. If you are looking at other L1 clubs then we have potential to be better without massive investment....... plenty of clubs that you couldnt say that about.

Think to some degree it is investing in potential and thinking outside the norm
 

Gint11

Well-Known Member
  • Mar 12, 2013
  • #13
We need a promotion so badly. Not only for our long suffering fans but also the cash injection a promotion would give us would surely help the club with all this financial off field situation.
 

Danceswithhorses

Well-Known Member
  • Mar 12, 2013
  • #14
skyblueelephant said:
Unless ACL give up the match day revenue we will never be a viable club so don't expect a queue....
Click to expand...
Even if ACL did give SISU the match day revenue for free, we would still not be a viable club, and we'd continue to make losses.
Our wage bill is way too high-that is the big problem, and that is 100% under SISU's control.
 
D

dadgad

Well-Known Member
  • Mar 12, 2013
  • #15
Danceswithhorses said:
Even if ACL did give SISU the match day revenue for free, we would still not be a viable club, and we'd continue to make losses.
Our wage bill is way too high-that is the big problem, and that is 100% under SISU's control.
Click to expand...

Yes, but it's "CCC and ACL" that are "killing" this club.:facepalm:

The sisu afficianadoes who think that a bit of F&B and car parking can justify a three year contract for Bell or even 3.5 years for Pressley.??
There is a disturbing illogicality about these folk .....you just have to hope they dont have dependents.

The club has to start over. There is no other way through the impasse. This has been the case for years and years.
The sooner we acknowledge the truth the better.
Trying to make a dead man walk is not a plan for the future.
 

stupot07

Well-Known Member
  • Mar 12, 2013
  • #16
Danceswithhorses said:
Even if ACL did give SISU the match day revenue for free, we would still not be a viable club, and we'd continue to make losses.
Our wage bill is way too high-that is the big problem, and that is 100% under SISU's control.
Click to expand...

But isn't it about striking the balance - increasing income and driving down costs?

The wage bill this season is lower than last seasons which was lower than the season before that. And I expect the wage bill will be lower still next season.
 

oldskyblue58

CCFC Finance Director
  • Mar 12, 2013
  • #17
Just a thought ........ but as well as a barely veiled ultimatum to ACL but was the TF Guardian article an advert to a wider financial audience that SISU want out of a distressed company and are willing to listen to offers? :thinking about:
 

oldskyblue58

CCFC Finance Director
  • Mar 12, 2013
  • #18
skyblueelephant said:
Correct me if I'm wrong but the rights were originally sold for £6m and ACL now want £24m to sell them in full - I don't see that as an attractive deal for a new investor (or an existing one).
Click to expand...

ok i will correct you ............ Both TF and ACL have both confirmed that the £24m is spurious and formed no part in any negotiations. ACL are not looking to sell the catering rights for the whole site.

What was sold was 47 years worth of profits from matchday Hospitality, F&B's for £6m
 

Warwickhunt

Well-Known Member
  • Mar 12, 2013
  • #19
Cov City Daytrader 87 said:
We gonna need a whole rabbit, nevermind it's foot!:facepalm:
Click to expand...

How can a Rabbits Foot be lucky? Fucking Rabbit spends most of its time hobbling around the bleedin field
 

torchomatic

Well-Known Member
  • Mar 12, 2013
  • #20
And yet people moan when we sell people to reduce the wage bill. Look at the hysteria following Bigi's departure. Lose-lose situation all round.

Danceswithhorses said:
Our wage bill is way too high-that is the big problem, and that is 100% under SISU's control.
Click to expand...
 

torchomatic

Well-Known Member
  • Mar 12, 2013
  • #21
Bleeding. .

Warwickhunt said:
hobbling around the bleedin field
Click to expand...
 

Mary_Mungo_Midge

Well-Known Member
  • Mar 12, 2013
  • #22
torchomatic said:
And yet people moan when we sell people to reduce the wage bill. Look at the hysteria following Bigi's departure. Lose-lose situation all round.
Click to expand...

Bigi would have been on a pittance. Wages were not the issue there. Selling the family silver at the expense of maintaining a cohesive unit of young talent capable of a promotion push was
 

ashbyjan

Well-Known Member
  • Mar 12, 2013
  • #23
torchomatic said:
And yet people moan when we sell people to reduce the wage bill. Look at the hysteria following Bigi's departure. Lose-lose situation all round.
Click to expand...

You are right in as much there will have to be some reeducation among football fans in general but the sale of Bigi would have had little impact on the wage bill - the players we need to shift on are Wood, Murphy, Bell and McShefferey - these four account for half our wage bill. Are any of them irreplaceable? Onl one who comes close to justifying a decent wage is Murphy, the others can be adequately replaced by players earning a fraction of what they earn. Problem only Wood goes at end of season and who is going to come in and offer Bell similar money than he earns here? he is happy to sit tight for the next 2 1/2 years and pick up his wages and who can blame him.
 

TheRoyalScam

Well-Known Member
  • Mar 12, 2013
  • #24
Mary_Mungo_Midge said:
Bigi would have been on a pittance. Wages were not the issue there. Selling the family silver at the expense of maintaining a cohesive unit of young talent capable of a promotion push was
Click to expand...

Same with Conor Thomas - SHITSU saw the £££s signs and tried to sell him to Liverpool, even when the player didn't want to go.

That's the same SHITSU that gave Bell a 3 year contract extension, yet sold Jutkiewicz to 'Boro virtually ensuring our relegation.
 

torchomatic

Well-Known Member
  • Mar 12, 2013
  • #25
I rest my case.

TheRoyalScam said:
Same with Conor Thomas - SHITSU saw the £££s signs and tried to sell him to Liverpool, even when the player didn't want to go.

That's the same SHITSU that gave Bell a 3 year contract extension, yet sold Jutkiewicz to 'Boro virtually ensuring our relegation.
Click to expand...
 

Grendel

Well-Known Member
  • Mar 12, 2013
  • #26
TheRoyalScam said:
Same with Conor Thomas - SHITSU saw the £££s signs and tried to sell him to Liverpool, even when the player didn't want to go.

That's the same SHITSU that gave Bell a 3 year contract extension, yet sold Jutkiewicz to 'Boro virtually ensuring our relegation.
Click to expand...

Hilarious to try and believe a club of coventrys standing would be in any position to turn an offer down for a player who still has not established himself in the first team.

We accumulated more points when Juke left the club.

Never mind you got SHITSU I'm twice so I am sure or made you proud.
 

Grendel

Well-Known Member
  • Mar 12, 2013
  • #27
Mary_Mungo_Midge said:
Bigi would have been on a pittance. Wages were not the issue there. Selling the family silver at the expense of maintaining a cohesive unit of young talent capable of a promotion push was
Click to expand...

Last season he was dropped and never really forced his way back in. If you had your way the key maker of that decision would still be here.

You are sounded as deluded as Royal Scam which takes some doing.
 

Sick Boy

Super Moderator
  • Mar 12, 2013
  • #28
Danceswithhorses said:
Our wage bill is way too high-that is the big problem, and that is 100% under SISU's control.
Click to expand...

Yet if they had set a lower budget for this season, the same people would be complaining that they didn't invest in the squad.
 

stupot07

Well-Known Member
  • Mar 12, 2013
  • #29
Mary_Mungo_Midge said:
Bigi would have been on a pittance. Wages were not the issue there. Selling the family silver at the expense of maintaining a cohesive unit of young talent capable of a promotion push was
Click to expand...

We have always sold he family silver. And do you think Bigi would have wanted to stay once Newcastle came in for him?
 

torchomatic

Well-Known Member
  • Mar 12, 2013
  • #30
Exactly, the first ones I remember were Wallace and Gillespie. We have always been a "feeder".

stupot07 said:
We have always sold he family silver. And do you think Bigi would have wanted to stay once Newcastle came in for him?
Click to expand...
 
D

dadgad

Well-Known Member
  • Mar 13, 2013
  • #31
torchomatic said:
Exactly, the first ones I remember were Wallace and Gillespie. We have always been a "feeder".
Click to expand...

Not even close to being applicable. Wallace became an established striker at the club.....we got the best out of him and then sold him for good money (Forest) where he flopped.
Gillespie too was an established first teamer here and we got decent money. Admittedly he did go on to play more after he left us but, nevertheless, it is not even barely comparable.
At no time was Bigi a nailed on regular with us. He's still a kid, learning his game. The point is if we had any acumen we would have broiught these players on and got much more.
The same applies to Juke, Turner, Gunnar, Westwood, King. So many examples of the club failing to capitalise on the value that these players had.
So many examples of why sisu are fucking hopeless at running a club.
 

Colonel Mustard

New Member
  • Mar 13, 2013
  • #32
As much as we all liked Bigi, it makes plenty of sense to sell a 17 year old kid for the kind of fee that can bring in three or four contributors at this level.
 
D

dongonzalos

Well-Known Member
  • Mar 13, 2013
  • #33
We have to be realistic million pound offers for league one kids will be accepted
 
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