Is the GS owned by the FL and given as a gift to able the club to play within the league?
That's your first step to being able to regulate anything. All clubs to be self sufficient and points penalties if they aren't.self sufficient
That's your first step to being able to regulate anything. All clubs to be self sufficient and points penalties if they aren't.
Until they do that there's nothing they can enforce as you're trying to compete with owners prepared to chuck millions away.
Micky Adams said live on air that the people who stay away, I.E NOPM, that he don't blame them at all as he would do the same. He genuinely seem to understand what our fans have been through.In terms of moving outside the city on an emergency basis I would have no issue with nuneaton or the butts as it is in our catchment area.
If it was permanent then that's a different matter all together.
The politics of this is no longer Sisu expecting to win but are scavenging in the hope salvaging something from shit of their own making.
We are now in the unbelievable position of hoping that Wasps Rugby take a decision to allow us to use a stadium built for us.
I wonder what Micky Adams really felt last weekend? From opening day in 2005 to this must be a reality check, 7000 rattling around and the club where it is.
WE NEED WASPS. WTF.
I didn't hear it / listen the offer day, did he say nopm?Micky Adams said live on air that the people who stay away, I.E NOPM, that he don't blame them at all as he would do the same. He genuinely seem to understand what our fans have been through.
The EFL should say we don't want to speak to you ether, where is the new ground you told us you were going to build last time we backed you.This will be key. Other parties have played in to SISU's hands here. Wasps have been in the CT saying they won't speak to the club about a new deal, CCC were seen trying to block any attempt by the club to move to the Butts. All SISU have to do is pass that to the EFL, which you can pretty much guarantee they already have done, and they can then claim they had no other option for whatever they decide to do.
That's the thing though, unfit when the fans start to shout? What will "unfit" be judged on?
Were Leyton Orient fans going on about unfit owners when they were spending 5 figures a week on players like Darius Henderson or just when the money had run out?
I don't disagree with you there should be tighter measures on ground ownership, money etc but how can they suddenly say "no sorry, you have to sell up now". It would be a very dangerous step for them to start just demanding people sell up when the fans start to get pissed off.
On what grounds now could they demand Sisu sell and take the golden share now? The only thing really would be the stadium issue, but again they can't force Wasps to give us a deal can they so it will give SISU more leeway.
The other thing is selling price, SISU could well put it up for sale when they say but demand they want £100m for it and nobody buys it. Would the EFL then decide on how much it is sold for as well?
Theres no way they can force anything because of that.How they've managed the financials for a start. The claimed figure they're put in is around £100m. Add that to the turnover of the last 10 years (£60m?). Given where the club was when they took over and where it is now, spending that sort of money along the way should be enough to show they're unfit to be the custodians of a professional football club.
The people who stay away he said, which instantly categorizes everyone including NOPM.I didn't hear it / listen the offer day, did he say nopm?
That's the thing, what do people actually think the EFL can do?
It's all well and good shouting with Charlton and Blackburn fans etc but in all seriousness, how can the EFL force Wasps to let us play at the Ricoh if they don't want to for example?
How they've managed the financials for a start. The claimed figure they're put in is around £100m. Add that to the turnover of the last 10 years (£60m?). Given where the club was when they took over and where it is now, spending that sort of money along the way should be enough to show they're unfit to be the custodians of a professional football club.
Sorry CJ but there isn't anything in that which makes them unfit because of mismanagement
It doesn't take much work to show the reality of what was invested and it was nowhere near 100m not even 40m . Talk of 100m is a nonsense. Has Seppala ever put a figure on it ? The turnovers have been spent in running the club just like every other team in the EFL. The fact that the club has failed and gone down divisions is seen as mis management by the fans but in a court of law (which is where it would have to be proven ) is evidence of failure not mismanagement.
There is no legal standard of management or mismanagement to be applied that I am aware of. The owners could very well pull together a very decent argument of necessity to survive. The only way to strip them legally of ownership is to prove fraud and or negligence. Those are higher standards than making bad management decisions. There is no evidence of fraud or negligence that I am aware of
Is there any rule that says owners must keep pouring money in ? Not that I know of. It is blind illogical expectations of football fans
You could argue had the club achieved success on the pitch then Sisu could have got way with it. They have employed some decent managers and some not so. There has been 30m plus put in over 9 years. Other teams have achieved success on much less. So were those managers guilty of mismanagement?
No one should take any of that as a justification of the Sisu involvement. It most definitely is not. Their stewardship has been a complete disaster. But just wanted to illustrate the difficulty of proving mismanagement, it is all but impossible because of the many parties and elements involved
She hasn’t put a figure on it she just says this.....
How much have Sisu put into CCFC?
“Over £60million. We have put some money in this season to ensure we become self-sufficient. It was very costly when we relieved Steven Pressley and company of their
Oh look you’ve learned how to use bold type you boring fuckwit
Then I would say that is a complete nonsense Don..... then ask her to prove it. The figures in the accounts in terms of cash get nowhere close to that. The only way to invest in Ccfc is by putting the money into the company. Rolling up losses and interest or manufacturing debt by using the group set up is not investing in ccfc
Sorry CJ but there isn't anything in that which makes them unfit because of mismanagement
It doesn't take much work to show the reality of what was invested and it was nowhere near 100m not even 40m . Talk of 100m is a nonsense. Has Seppala ever put a figure on it ? The turnovers have been spent in running the club just like every other team in the EFL. The fact that the club has failed and gone down divisions is seen as mis management by the fans but in a court of law (which is where it would have to be proven ) is evidence of failure not mismanagement.
There is no legal standard of management or mismanagement to be applied that I am aware of. The owners could very well pull together a very decent argument of necessity to survive. The only way to strip them legally of ownership is to prove fraud and or negligence. Those are higher standards than making bad management decisions. There is no evidence of fraud or negligence that I am aware of
Is there any rule that says owners must keep pouring money in ? Not that I know of. It is blind illogical expectations of football fans
You could argue had the club achieved success on the pitch then Sisu could have got way with it. They have employed some decent managers and some not so. There has been 30m plus put in over 9 years. Other teams have achieved success on much less. So were those managers guilty of mismanagement?
No one should take any of that as a justification of the Sisu involvement. It most definitely is not. Their stewardship has been a complete disaster. But just wanted to illustrate the difficulty of proving mismanagement, it is all but impossible because of the many parties and elements involved
Dear Tim,
I wrote but you still ain't replying
I left my moble, my pager, and my home phone at the bottom
I sent two letters back last autumn, you must not-a got 'em
Bing said there was probably a problem with the fax machine or something
Sometimes I scribble possible sites too sloppy when I jot 'em
But anyways; what's been up? Man how's the ground search going ?
There’s talk of nuneaton, could it be further ?
If I have a son, guess what I'm a call him?
I'm gonna name him Timmy
I read about your lost court case too I'm sorry
I had a friend who went to court over some ground that he didn’t own
I know you probably hear this everyday, but I'm your biggest fan
I even got the underground ticket and not just to train stuff
I got a room full of your quotes and your pictures man
I like the shit you did with turkeys and eagles too, that shit was phat
Anyways, I hope you get this man, hit me back,
Just to chat, truly yours, your biggest fan
a CCFC fan
What about removing the club from Coventry and moving it to Northampton. Would this not be evidence of neglect. Even the judge commented that the purpose of this move was to distress ACL, not for the good of the club. When you look how much that move cost the club in terms of lost revenue and goodwill, the numbers don't stack up against taking the reduced rent that was being offered.
The goals have gone cold, I'm wondering why I watch the games at all,Dear Tim,
I wrote but you still ain't replying
I left my moble, my pager, and my home phone at the bottom
I sent two letters back last autumn, you must not-a got 'em
Bing said there was probably a problem with the fax machine or something
Sometimes I scribble possible sites too sloppy when I jot 'em
But anyways; what's been up? Man how's the ground search going ?
There’s talk of nuneaton, could it be further ?
If I have a son, guess what I'm a call him?
I'm gonna name him Timmy
I read about your lost court case too I'm sorry
I had a friend who went to court over some ground that he didn’t own
I know you probably hear this everyday, but I'm your biggest fan
I even got the underground ticket and not just to train stuff
I got a room full of your quotes and your pictures man
I like the shit you did with turkeys and eagles too, that shit was phat
Anyways, I hope you get this man, hit me back,
Just to chat, truly yours, your biggest fan
a CCFC fan
The goals have gone cold, I'm wondering why I watch the games at all,
The board is fucking clueless and the players can't kick a ball,
Even if they could, it'll all be shit because we'd go and sell them all,
Fisher's face reminds me that it's gone so bad, gone so bad...
Sorry CJ but there isn't anything in that which makes them unfit because of mismanagement
It doesn't take much work to show the reality of what was invested and it was nowhere near 100m not even 40m . Talk of 100m is a nonsense. Has Seppala ever put a figure on it ? The turnovers have been spent in running the club just like every other team in the EFL. The fact that the club has failed and gone down divisions is seen as mis management by the fans but in a court of law (which is where it would have to be proven ) is evidence of failure not mismanagement.
There is no legal standard of management or mismanagement to be applied that I am aware of. The owners could very well pull together a very decent argument of necessity to survive. The only way to strip them legally of ownership is to prove fraud and or negligence. Those are higher standards than making bad management decisions. There is no evidence of fraud or negligence that I am aware of
Is there any rule that says owners must keep pouring money in ? Not that I know of. It is blind illogical expectations of football fans
You could argue had the club achieved success on the pitch then Sisu could have got way with it. They have employed some decent managers and some not so. There has been 30m plus put in over 9 years. Other teams have achieved success on much less. So were those managers guilty of mismanagement?
No one should take any of that as a justification of the Sisu involvement. It most definitely is not. Their stewardship has been a complete disaster. But just wanted to illustrate the difficulty of proving mismanagement, it is all but impossible because of the many parties and elements involved
£100m was a figure in the latest court case. It’s obviously not that much. I agree with you 100% it’s considerably lower and on your suggested figure. An average of £3m a year is probably the absolute maximum given the turnover and true costs.
I know there’s no way of the EFL of taking the share off them for the financial mess they’ve overseen. I’m just saying there should be. Also the comments made by Mr Justice Warren 27 months before they completed the purchase of the club should also be enough to contravene EFL rule ‘F.1.4.2’ but it’s not the case.
How can they take the share because of the finance stuff though? It's impossible to regulate to the point of forcing them to sell.
It's all well and good shouting at them to do it but what do you actually think they can do?
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