Sisu and their money. (1 Viewer)

An interesting point indeed. Something that needs answering.

There is a poster who's in the know, but hasn't provided anything to prove they know anything. I'm sure they'll be along shortly.

What about CCC and what they've done with Council tax payers money and the statements their leader has made over the last couple of years!

RFC said:

What about CCC and what they've done with Council tax payers money and the statements their leader has made over the last couple of years!

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Wow. That could be the most irrelevant post you've made in a few months. And that means it stands comparison with some high-quality fare

RFC said:

What about CCC and what they've done with Council tax payers money and the statements their leader has made over the last couple of years!

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Seriously, shut up. It's a relevant question to our owners and today's oil prices. Nothing to do with the goddamn council you blinkered fool.

RFC said:

What about CCC and what they've done with Council tax payers money and the statements their leader has made over the last couple of years!

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Answer the OP's question, and stop being a retard.

13 mins. Slacking RFC.

Where's the new stadium RFC?
It's January 16th and the silence is deafening!!

RFC said:

What about CCC and what they've done with Council tax payers money and the statements their leader has made over the last couple of years!

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The people of Coventy can vote them out should they wish.

We dont have that opportunity with our owners

ccfc92 said:

An interesting point indeed. Something that needs answering.

There is a poster who's in the know, but hasn't provided anything to prove they know anything. I'm sure they'll be along shortly.

Click to expand...

Agree. This is surely a relevant question whatever your opinion of them.

ccfc92 said:

An interesting point indeed. Something that needs answering.

There is a poster who's in the know, but hasn't provided anything to prove they know anything. I'm sure they'll be along shortly.

Click to expand...

I'm not in the know re SISU's investments but I do know about finance.

1. The club is trying to operate as a self-financing unit, I imagine including some interest payments and dividends to the SISU fund that bought CCFC. Hence any income from sales (Wilson, Maddison) could well be paid immediately to SISU to cover debt and equity payments as they will be desperate to show a return from their dismal investment.

2. The club might well be in a different fund to their other investments in oil. Hence there could be no direct link between the two. However they may also be in the same fund too. If they wanted to invest more money to build a stadium they would have to persuade the investors in the relevant fund to stump up more cash. If they were the same investors that have taken the hit on oil they may be reluctant to spend more at this stage. Not that I believe that they will anyway as there is not the return or compelling business case to them that getting the Ricoh for a song would have offered.

I think that we were unlikely to get any further investments or keep any transfer income anyway - so the net result of poor performance in another sector would probably make no difference. I do wonder how SISU is surviving with such a terrible investment record - so what it could do is expedite their demise.

But of course I bow to RFC's insider knowledge and razor-sharp intellect.

SISU is an Investment (Hedge) Fund - any money they may have lost with the decline in Oil price they will have probably recovered by yesterday’s jump in the value of the Swiss Franc.
A decent price for Madison and Haynes will give them a nice little return on CCFC too.

Agree - the Swiss franc strengthening was bound to happen - just like when Major tried to stay in the ERM. You aren't the chap I see in the Mucky Duck for televised games are you?

It would be interesting to see a list of where they dabble, surely it would be scattered all over?

There were talks of them owning Malmo in Sweden too but don't think anything ever came of it did it?

Also they were involved with Welcome Break and trying to take them over too weren't they?