On second reading, is it just me or is there nothing new in that statement that hasn't been said before?
Is it actually a softening of their position? They still want access to undefined revenues and no details of a willingness to pay for them. Hasn't that always been the sticking point?
On second reading, is it just me or is there nothing new in that statement that hasn't been said before?
Is it actually a softening of their position? They still want access to undefined revenues and no details of a willingness to pay for them. Hasn't that always been the sticking point?
There's a few weak minded idiots all ready changing their minds by the sound of some on this thread. I'm not changing mine, SISU out or I'll never go to a game again.
On second reading, is it just me or is there nothing new in that statement that hasn't been said before?
Is it actually a softening of their position? They still want access to undefined revenues and no details of a willingness to pay for them. Hasn't that always been the sticking point?
I think it is. For 18 months we've heard nothing but vicious, spiteful, antagonistic, confrontational language and now this. What happened to 'We will only return as owners'? Now they have no problem renting and are talking about reconciliation! The F&B money (which we all know is small potatoes) will be used as the face saver if they secure it. They'll claim to have got what they wanted... we all know that they very much have not.
Tim Fisher said after the JR that they were willing to talk but he also said that they have always been willing to talk. The fact they have just appealed the JR suggests nothing has changed and that there is no softening. If they had said in this e-mail that they wern't going to appeal the JR then there would have been a reason to be positive, The fact that straight after acl said they will only talk if the legal action is droped, sisu double down on the legal action and then tell everyone yay we are happy to talk shows they have no intention of any deal being done. they are manipulating people once again as they have been doing for the past 18 months.
It seems that despite the fact the last 10 times Tim fisher has held out his hand in friendship its actually been filled with dog shit people are still happily reaching out to shake it at every time he offers it.
I know the tone is different, I don't disagree that the tone is different, but the actions and lets be honest the actions are all that matter are exactly the same, they have just appealed which shows they have no intention of a deal being done with acl. Thats why its more manipulation, if they really wanted a deal they would pay the 590k and they would drop the appeal and then the fans would put pressure on acl for them.Disagree. Very different tone to this statement. They will be talking within weeks/months. Just my opinion of course.
They didn't say the F&B in that statement though did they? They specifically said all match day revenues generated.
That could mean share of hotel bookings, casino car park revenue, leased businesses, even the burger van. they mean ALL match day revenue generated. that includes all sponsorships, all advertising, etc etc etc...
This is a significant amount.
Spider that's not so. It's about the larger revenue streams on match day - all of it which could be significant. This would involve Compass making a concession to not operate on match days instead the club is the only benefactor.
They know this is a very difficult and delicate requirement that ACL can most likely not accommodate.
Spider that's not so. It's about the larger revenue streams on match day - all of it which could be significant. This would involve Compass making a concession to not operate on match days instead the club is the only benefactor.
They know this is a very difficult and delicate requirement that ACL can most likely not accommodate.
They don't make fair points, the whole ffp thing is complete bollocks, it's at best massively misleading and misrepresenting the situation
Tbh I think for most fans the relationship with SISU is unfix-able so an open letter is unlikely to change anything
They don't make fair points, the whole ffp thing is complete bollocks, it's at best massively misleading and misrepresenting the situation
Or you don't understand it.
I think noggins point of it's complete bollocks is at sixfields ticket sales were around 500k for the season compared to 3m at the Ricoh so how can it be about FFP when 2.5m was wasted on just ticket sales alone.
Remember joy and Tim said 60p of every pound the football club makes goes back into the team so are we still meant to believe FFP when they chose to lose 2.5m.
Everyone apart from some posters on here have called it financial suicide and to costs yourself 2.5m in ticket sales alone then I have to agree it's complete financial suicide.
P.S if stayed at the Ricoh sisu would of had a much better shirt sponsor and other sponsorship deals, more loyal fans than those betrayed so more ticket sales to unite and with that goes more commercial sales such as shirts and merchandise.
Go on all you want about FFP but nothing about the move to Northampton is about FFP it's gets my goat because the facts yes facts are there and people still try and tell me it's all to do with FFP.
Not having a go at you personally Ian but please don't tell me and also TF and JS it's about FFP. Fact and fact states it's not.
Its a point missed by many. For what 2 lost seasons of ticket sales are costing them at sixfields they could have bought the pigging higgs share.
Or you don't understand it.
I understand it perfectly thank you,
Firstly there is the obvious points like
1) if you care about revenue then moving to Northampton looks even more ridiculous.
2) ACL offered to let them use the revenue for ffp calculations though not actually give them the money.
3) they sold the rights to the revenues so should have to buy them back
The biggest thing that makes it bollocks though is
**The Club does not actually want to spend 60% of turnover on player wages**
They have spent all this effort to cut player wages, if we were at the Ricoh and had a turnover of say 10m they would not want to be spending 6 mill on player wages alone especially since anyone under 20 that has come through the youth system is excluded.
Then there is the fact that under the SCMP (ffp doesn't actually apply to league 1, but thats semantics) if the club ever did need to spend more than the 60% they can get around it by injecting cash themselves, the system itself it's almost pointless since it has so many holes.
I understand it perfectly thank you,
Firstly there is the obvious points like
1) if you care about revenue then moving to Northampton looks even more ridiculous.
2) ACL offered to let them use the revenue for ffp calculations though not actually give them the money.
3) they sold the rights to the revenues so should have to buy them back
The biggest thing that makes it bollocks though is
**The Club does not actually want to spend 60% of turnover on player wages**
They have spent all this effort to cut player wages, if we were at the Ricoh and had a turnover of say 10m they would not want to be spending 6 mill on player wages alone especially since anyone under 20 (at the start of the season) that has come through the youth system is excluded.
Then there is the fact that under the SCMP (ffp doesn't actually apply to league 1, but thats semantics) if the club ever did need to spend more than the 60% they can get around it by injecting cash themselves, the system itself it's almost pointless since it has so many holes.
1)The move to Sixfields was clearly not about revenue... and yes I agree that it wad done to try and put pressure on ACL. It hasn't worked so now they have got to take a different approach. As I have said on several occasions, the only viable long term solution is for them to buy out ACL in its entirety.
2) Only an idiot would think that cross-referencing the revenue stream for SCMP is a good idea. All that happens is you are creating a financial black hole, and increasing your reliance on SISU or any owner to inject equity constantly.
3) The club sold the rights... not SISU. It happened years ago. Should it have been dealt with when they bought the club? Yes of course - the lack of due diligence is unacceptable. There needs to be a sensible negotiation to structure a deal beneficial to the club for the short term at least.
The club may not want to spend 60% of it's revenue on wages - it's a limit not a target. We are currently in League 1. If we went back to the Ricoh next season and managed to get promotion, our revenue is not going to increase exponentially is it? So although we may be well below the limit now, being in the Championship will be a different story.
You seem to miss the point that we don't want to have people like SISU (or anyone) injecting equity into the club. That's what we have to move away from, and we need to be able to stand on our own two feet. There is a far better chance of SISU moving on if the club has a sound financial model and can actually become self-sufficient. It becomes a far more attractive proposition to people that actually have money to buy it, as opposed to the charlatans that have plenty of talk but zero substance.
1)The move to Sixfields was clearly not about revenue... and yes I agree that it wad done to try and put pressure on ACL. It hasn't worked so now they have got to take a different approach. As I have said on several occasions, the only viable long term solution is for them to buy out ACL in its entirety.
Our turnover in league one would be nowhere near £10m at the Ricoh in league one, it would be £5.5-6.5m. Our turnover in the championship with 15k and the £4-5m PL payments/tv rights, extra that championship teams get, was only circa £10.5m.
Sent from my iPhone using Tapatalk - so please excuse any spelling or grammar errors
If you want to spend on player salaries then you need income, from ticket sales, sponsorship, merchandise, hospitality, parking, etc.
The move to Sixfields has slashed income by something like 75% (if not more). Wait till the next season accounts in March, you'll see.
I think people are kind of missing the point on this statement... Nobody is sussesting its all true that we should be thanking them. We know they lie with every breath and that the F&B argument is bollocks! The reason its good is that its different in tone and is for me, the beginnings of a climb down. No war like rhetoric but talk of reconciliation. Its the statement of a beaten side wanting to talk. I fully expect the money to be paid to ACL sometime on or around the 7th August. Court proceedings to be dropped shortly after and talks to begin shortly after that. Now if they want to use the pie money as a face saver and claim a little victory, that's fine with me as long as we are back in Cov.
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