Truth Hurts
Member
You are one stupid little man
It’s time to go. (3 Viewers)
- Thread starter Ccfcisparks
- Start date
You are one stupid little man
Grendel
Well-Known Member
first post. Bat phone ringing Dave?
Truth Hurts
Member
And you, you're a miserable old fucker aren't you? Spend your whole day on here moaning just because your kids don't visit you anymore. Sad really
Grendel
Well-Known Member
Aren’t you supposed to be down at the Sisu temple this morning?
oldskyblue58
CCFC Finance Director
I don't think it will happen but a modest inflow of funds from the owners would be welcome of course.
But eyes wide open
That equals more debt
That equals bigger interest charges not just this year
That equals more spent on wages not just this year but 2 to 3 years
Doesn't guarantee anything in terms of performance or league position. Could even result in lower position
There will be the same pressure from fans next year except they will add" well you did it last year "
If by some miracle we got promoted then who finances the front end loaded costs
It is assumed sisu would sell on promotion, would they ? Seems to me they could still restrict the funds and pay down their loans interest etc by retained ownership. Also take a bigger slice of investment fees because of not just repayment but increased investment value.
Fans want it to happen, but what is the compelling certain financial reason for sisu to do it and why would they change the way they operate which has been successful recently on and off the pitch.
I don't see them putting millions even "just" to buy a couple of players.
But eyes wide open
That equals more debt
That equals bigger interest charges not just this year
That equals more spent on wages not just this year but 2 to 3 years
Doesn't guarantee anything in terms of performance or league position. Could even result in lower position
There will be the same pressure from fans next year except they will add" well you did it last year "
If by some miracle we got promoted then who finances the front end loaded costs
It is assumed sisu would sell on promotion, would they ? Seems to me they could still restrict the funds and pay down their loans interest etc by retained ownership. Also take a bigger slice of investment fees because of not just repayment but increased investment value.
Fans want it to happen, but what is the compelling certain financial reason for sisu to do it and why would they change the way they operate which has been successful recently on and off the pitch.
I don't see them putting millions even "just" to buy a couple of players.
Truth Hurts
Member
Truth hurts mongdel. Have a lovely Sunday spending it on here while dribbling on keyboard
Grendel
Well-Known Member
I certainly don’t see any reason to sell if they fluked promotion.
It would be payback time and solidify their finances for years to come
as you say the only thing that motivates them is financial payback and securing returns
Grendel
Well-Known Member
Brighton Sky Blue
Well-Known Member
Perhaps being naive here OSB but whether £2 million is charged in interest, or an extra £2 million is provided at 0% interest, is the accumulated debt not the same?
Unless the real answer is, they can’t attract any investment in which case, why keep going? Where I presume the answer is to milk the club at whatever rate is possible. Which leads me to think they’re not fit for purpose
Grendel
Well-Known Member
The debts obviously higher with interest that gets deferred and accumulated
Fergusons_Beard
Well-Known Member
We can say ‘Time to go SISU’ until we’re blue in the face but unless theres a multi-millionaire on the horizon then they’re here to stay.
Tbh I’d rather we didn’t spend crazy money the likes of Derby, Reading and Brizzle have.
Don’t want us to go down the Bury route.
Derby won’t be the last.
(Just to clarify this post in no way supports the owners-just points out lack of someone else coming in!)
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Tbh I’d rather we didn’t spend crazy money the likes of Derby, Reading and Brizzle have.
Don’t want us to go down the Bury route.
Derby won’t be the last.
(Just to clarify this post in no way supports the owners-just points out lack of someone else coming in!)
Sent from my iPhone using Tapatalk Pro
Ccfcisparks
Well-Known Member
Almost 100% a drunk Dave alt account
Seymour_East
Well-Known Member
Is it not accrued? In the books on the off chance if a potential buyer comes along SiSu dont miss out?
Grendel
Well-Known Member
It strengthens their ability to continue to own the club
The Philosopher
Well-Known Member
That’s the point.
I’m sure somewhere you had calculated what their “real” investment was and from that we can deduce an “out” figure.
For the layperson, SISU putting in £20m, the squad and assets being worth £20m,
the titular of this thread “is it time for SISU to get out” seems straightforward.
However, if the club is now making profits which represent a RoCE at say LIBOR plus 5 and the investment value is increasing then why sell at £20m?
I remember Fisher banging on about “not selling at the bottom of the business cycle”. I could see his point; it would have crystallised the SISU losses.
“is it time (for SISU) to go?”
It’s their choice.
Wouldn’t countenance chucking millions more in unless for very sensible investment signings. We’ll only see CCFC suffer long term to cover wasted costs.
pusbccfc
Well-Known Member
His not on big money at this level.
There's clubs in this division with 10 players on more than he is.
Sky Blue Pete
Well-Known Member
It is going round in circles because there’s no alternative scenario in your opinions to sisu are evil and the club are screwed which is absolutely fine for you to hold that opinion. It’s a little bit daft to put that on boddy and robins, especially robins as I’m not sure what he’s done that deserves that level of cynicism.
Anyway I think we all agree the model is pretty impossible but we’re left with the questions I asked bsb.
The Philosopher
Well-Known Member
Kelly was a free in his 20’s on low wages after having a bad rep for pushing a ball boy.
Fadz spent years non-league. I’ve waffled before that non-league graduates seem to carry on playing later since they haven’t worn out their joints so much in their late teens by training / playing whilst still developing. Not sure if there are stats / facts to price this - certainly some perception.
Sky Blue Pete
Well-Known Member
Wow really? And ok
oldskyblue58
CCFC Finance Director
If they put 2m in then history says it would be loan debt. That's 2m increase
They could put in at 0% interest but again history says they wouldn't. That's at least 200k pa interest adding to debt first year and compounded up from there. Interest charge increases losses and debt.
As for fit for purpose, depends if you are an investor or a fan.
Fans expect owners to keep dipping in to their own wealth to support football "passion". Whilst the ability of owners to own is a problem so too is the fans expectation for just a few million more to buy a player. Easy to spend someone else's money.
Apart from the odd result like yesterday, where we should have won easily but lost we are doing brilliantly. We couldn't change the owners minds in the dark days why does anyone think they will change in the better days.
Am just going to enjoy what we have on the pitch now
Not £30000 a game policing following the Derby shambles
Sky Blue Pete
Well-Known Member
I think that’s the nub and most opinions on here are not based on fact and evidence but prejudice. Both ends of course. I think the answer is no difference but more owed to sisu or associated companies maximises the chance of selling high
Exactly what difference will that make to cash flow?
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Brighton Sky Blue
Well-Known Member
How many times do people have to say there is somewhere in between taking a pound of flesh off the club and Derby levels of overspending? Nobody else is trying to break even and that puts us at a competitive disadvantage.
As and when Robins goes or messes up and we go down, maybe we’ll wish we’d thought a bit bigger
For most clubs that’s actually what happens with 0% loans or written off as an equity conversion. We’re fairly unique here
What's the motivation to running your business?
shmmeee
Well-Known Member
Fact is the owners say they have Premier League ambitions, and Robins won’t stick around forever and neither will key players in this squad. We’ve got a once in a lifetime chance to get big reward for a little more investment. Not even average Championship level investment. It’s incredibly frustrating that we make our best setup in twenty years or more play with one hand tied behind their back.
David O'Day
Well-Known Member
So who should they gamble and invest in?
Bear in mind the bigger richer clubs are doing the same
If you work on say 3 of the top six are settled already we are working on getting in to the next 3. If you get into play offs work out the chances of winning the final
Would you gamble on that or build a squad for a proper push next year? Also we hopefully will not be distracted by covid
Grendel
Well-Known Member
The business strategy I believe was to initially sell in 5 years with the club in a better place than it was
The total spent was what £32 million?
Since then we’ve seen two ground moves, failed attempts at the ownership of the stadium, asset depletion, a reliance on significant transfer profits to keep the club going (mainly through academy products who now look thin on the ground) and I’m the end from a playing perspective almost exactly where we started but in a more competitive environment now
Of course they will carry on but what have they actually achieved in terms of business objectives? Sports club owners also do prioritise differently normally - they do - and these are unique in that their only concern is investment return
Problem is Grendel hasn’t the social skills to debate or educate. He winds himself up so much he breaks into a sweat when he isn’t in agreement with anyone. He goes through 5 pairs of underpants and puts his fist through all the doors that they don’t get replaced anymore as wood is so expensive.
Sky Blue Pete
Well-Known Member
Do you think boddy is lying when he says in the programme that the budget has significantly increased? I do agree with you but can see issues with a little bit becoming a little bit more becoming a lot more. No brainer for me getting a fast young loan attacking player this week
Grendel
Well-Known Member
Didn’t you say in 2017 wasps would be bust in 2 years? How’s that going?
Sky Blue Pete
Well-Known Member
What’s yours??? To make money?
If we keep the majority of this squad together and have a little bit of investment and cash in on hamer or o’hare and reinvest that I think we could be in the top six but we need goals all over the park and that sadly costs money we don’t have unless we get a large fee for one of the two mentioned.