thaiskyblue
New Member
Where the camers there?, i reckon this was a sketch for the new monty python episodes.
You would have to ask her that. As per quotes - she believes it will be built and so wants fans to have an input.
I'm not saying it will or will not be built.
I am very happy for you. I wish I could put faith in someone that has done to our fans what SISUE has, got us relegated into division 3, admitted that they know nothing about football and constantly gave us bullshit.
Do you honestly think that our club is safe in their hands?
I'd belive in fairies if someone was to pay me to do so.
She has strongly insisted she isn't being and never has been paid by or worked for the club and has no current sponsorship arrangement.
I can't answer as to her motivation other than what's been reported.
Yes
We were heading for third tier long before SISU arrived. Did we ever look like getting into the Playoffs in the 10 years of Championship football - No. After a couple of seasons we were back in familier territory of being near the bottom, we applauded ourselves in saving ourselves from relegation when Southampton and Norwich were relegated instead. Look where we are now relative to them.
Why - The debt was a noose around our necks - Now we have got rid of the original debt, the supporters have decided not to support the Club so it is now building up a new debt - that will need to be paid off in the future.
The future has to be a sustainable Club and at least we now have the owners who realise now how to run the Club and make it sustainable
Yes a typical fan will not like sustainability but prefer some rich guy to bankroll the club - those days are now over.
Its upto the supporters to ensure the Club receives an income that give the Club a fighting chance of promotion.
Going back to the RICOH with its heavy overhead charges from ACL, even when its claimed to be rent free, will not help us in the long term.
Why are the majority of City supporters wanting promotion but not willing to support them financially, how can that work.
Garlick claims it's her forum and the club will be invited in later , though a CCFC employee seemed to be checking names on the door, she wet to great lengths to say he has no current commercial relationship with the club. There as a fan.
Point of order - Sandra Garlick isn't being paid and she's not a sponsor.
I'll leave it to the readers to decide how independent it is though.
Nobody representing the club was there tonight.
Here is a fairly vertabim summary of last night...http://wp.me/p2B9u4-au
You would have to ask her that. As per quotes - she believes it will be built and so wants fans to have an input.
I'm not saying it will or will not be built.
Are you the Telegraphs Simon Gilbert?
Are you the Telegraphs Simon Gilbert?
You reply as though you've never read the counter arguments. I like the way you phrase 'now we have got rid of the original debt', I guess you realise we now have an awful lot more debt. I'd take third tier, but not third tier in Northampton.
It is investment debt rather than loans though... no bank etc would in their right mind loan ccfc any money and rightly so! Now if we were having to service our debt through interest payments then I would be very worried, but the debt of the club is honestly the least of my concerns.
Granted the investors could ask for their money back, but there is the saying "can't get blood from a stone"...
Unbiased view.......... @stevecarpo: #SkyBlues fans wanting answers will not get them at the stadium forum - very much an ideas meeting - relaxed & positve atmosphere tonight...
It is investment debt rather than loans though... no bank etc would in their right mind loan ccfc any money and rightly so! Now if we were having to service our debt through interest payments then I would be very worried, but the debt of the club is honestly the least of my concerns.
Granted the investors could ask for their money back, but there is the saying "can't get blood from a stone"...
You know we pay £1.2m/year in interest on current ARVO loans don't you? That's for £9m.
Logic would suggest if Fishers figures are right about stadium funding were looking at interest payments alone of £1.3m/year.
But hey, at least we get the pie profit.
Here is a fairly vertabim summary of last night...http://wp.me/p2B9u4-au
We don't pay any of that, it's paper money. The money doesn't go out the door and doesn't affect cashflow but just adds to the club's internal debt burden.
The rent to ACL does go out the door and therefore has a real impact on cashflow.
We don't pay any of that, it's paper money. The money doesn't go out the door and doesn't affect cashflow but just adds to the club's internal debt burden.
The rent to ACL does go out the door and therefore has a real impact on cashflow.
You know we pay £1.2m/year in interest on current ARVO loans don't you? That's for £9m.
Logic would suggest if Fishers figures are right about stadium funding were looking at interest payments alone of £1.3m/year.
But hey, at least we get the pie profit.
We don't pay any of that, it's paper money. The money doesn't go out the door and doesn't affect cashflow but just adds to the club's internal debt burden.
The rent to ACL does go out the door and therefore has a real impact on cashflow.
The "debt" only becomes an issue when the club is break even.... but even I think that dream is pie in the sky for the foreseeable future. If Sisu ever get the club to break even, then they will probably have an asset that is worth selling to someone.
We live in hope....
Sorry can you explain that first sentence?
Also, how is debt to ARVO different to debt to a bank?
Maybe she did make that call?
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