SISU are all about making money . Football is all about Losing money.
SISU's only plan was to OWN the RICOH and develop the surrounding area. Have a Premier league Team (Sky Blues) with Massive TV income as the anchor tenant. Then they would sell up and count their profit having saddled the Club with debt to other SISU companies.
Now All that is in Ruins. The club has NO saleable assets at all. This requires real £ notes to be spent not internal paper loans etc.. Unless they manage to get a share in the Ricoh then I think they will have to cut their losses and leave. Their responsibilities are to make money for their investors.
If that want to do that then they would not start from where they are today. Hindsight now shows what a good opportunity they once had.
I agree with most of this thread. The council have outplayed SISU by selling the Ricoh, but in doing so have also condemned the club to struggle for the foreseeable future. I can't see a way out of this even with new owners. The club still needs more revenues then generated on 26 match days
The new owners of the RICOH, even if they are a Rugby team, will see the benefit in having CCFC within their Group of companies. Simply Football has much more potential on the revenue front than Rugby.
With sensible ownership, sensible company structure and revenue sharing a successful CCFC and WASPS both at the RICOH is very possible. However I would never enter into any 50-50 ownership structure with SISU as their track record would suggest that they would be difficult to deal with and not a good partner within ACL. That is why the ownership Veto exists to protect both investing parties at 50 -50.
How does the club only receiving matchday revenues benefit the club?
Wasps ain't gonna give them any more then they have to?
What happens if we get promoted? We will constantly be selling anyone that can pass a ball to survive. That's if we go up before down
It's a good job we sold one season wonder Wilson strictly for footballing reasons. Heavens forbid we got promoted and would have to sell our best players to survive. We really dodged a bullet there. All hail SISU and their great master plan.
I think we are screwed either way. We won't get 50% of the ricoh (the hogs and CCC will make sure of that) and we won't build a new stadium. We are fooked!!!!
The premis that "all clubs want to succeed" may need to be challenged. In the same way as a horse trainer shouldn't knobble his own nag before a big race as it distorts competition.
The extent that owners like Sisu corrupt the sporting principles integral to the assumption that all teams compete to win is an interesting point that demands scrutiny.
The premis that "all clubs want to succeed" may need to be challenged. In the same way as a horse trainer shouldn't knobble his own nag before a big race as it distorts competition.
The extent that owners like Sisu corrupt the sporting principles integral to the assumption that all teams compete to win is an interesting point that demands scrutiny.
The premis that "all clubs want to succeed" may need to be challenged. In the same way as a horse trainer shouldn't knobble his own nag before a big race as it distorts competition.
The extent that owners like Sisu corrupt the sporting principles integral to the assumption that all teams compete to win is an interesting point that demands scrutiny.