eastwoodsdustman
Well-Known Member
I'm sure Sisu know that too. They must be after part of the land for something else I'd hazard a guess at.
Could CCFC in L2 run the stadium at a profit ?
I assume if Wasps fail CCFC would certainly fail.
Which essentially destroys the notion of a 'fan ownership' modelBreak even appears to mean not competing in the league we are in.
I personally do not think they will win let alone get compensation if they did.
I just think that is the last throw of the dice and is their plan.
Did they think they could get better offers, which did not materialise. It's also seems that relegation wasn't really an option.
Personally I would have took the money and bought a striker.
Willis and Stevenson wouldn't have kept us up. A striker and a goalkeeper would have done.
Yes really strange - not sure how old or how long a contract Vincelot had - but 50k was a bargain for Bradford.They did get a 2nd and 3rd offer from Brentford though didn't they for Stevenson?
If they also only took a rumoured £50k for Vincelot, that would suggest that they'd take what they could get as RV was worth more than 50k.
Which essentially destroys the notion of a 'fan ownership' model
Fans could still do that but don't expect to move up the leagues.Which essentially destroys the notion of a 'fan ownership' model
Not really. Do you think Portsmouth who also have a break even policy would enjoy the level of support that they do if the were owned by a hedge fund with a break even policy? I very much doubt it. If they don't pass us on the way up while we're on the way down we'll get to see hedge fund ownership with a break even policy Vs fan ownership with a break even policy next season. My money is on fan ownership winning that one.
What's AFC Wimbledon's policy? Are they ran on break even?
You would like to think that a fan owned break-even club would get more goodwill than a hedge-fund owned break-even club but the history of CCFC support does not suggest to me that the attendance would increase significantly. People go to watch football because they want to and there are a lot of fickle people in the potential fanbase. Resu;ts will always be more important than ownership. Break even is the same whoever owns the club and someone with experience told the Trust meeting that it wasn't sustainable above LI (Div 3) level.Not really. Do you think Portsmouth who also have a break even policy would enjoy the level of support that they do if the were owned by a hedge fund with a break even policy? I very much doubt it. If they don't pass us on the way up while we're on the way down we'll get to see hedge fund ownership with a break even policy Vs fan ownership with a break even policy next season. My money is on fan ownership winning that one.
What's AFC Wimbledon's policy? Are they ran on break even?
Yes really strange - not sure how old or how long a contract Vincelot had - but 50k was a bargain for Bradford.
So it's very weird why they played hardball with Willis and Stevenson?
You would like to think that a fan owned break-even club would get more goodwill than a hedge-fund owned break-even club but the history of CCFC support does not suggest to me that the attendance would increase significantly. People go to watch football because they want to and there are a lot of fickle people in the potential fanbase. Resu;ts will always be more important than ownership. Break even is the same whoever owns the club and someone with experience told the Trust meeting that it wasn't sustainable above LI (Div 3) level.
Perhaps, just perhaps, they were indeed 'sold' under the conditions that the players would see out the season with CCFC. With Stevenson being the key asset in question, this could be why he isn't seeing much game time at the minute.Agreed...from a selling point of view, this transfer window was a complete reverse of the previous few which strikes me as odd.
That said, from a purchasing point of view, we continued the trend of pretty much bringing in dross...
I'd still be tempted to say keep ryton and carry on with jr2 but hand ccfc over.
Then crowd fund a training ground over time after a share at a uni for a while or something.
Id happily buy a square foot of a training ground or something like pompey did.
Our owners seem to lack that, too!With a sense of ownership come's a sense of responsibility. Something we all lack at the moment under the current owners.
Perhaps, just perhaps, they were indeed 'sold' under the conditions that the players would see out the season with CCFC. With Stevenson being the key asset in question, this could be why he isn't seeing much game time at the minute.
Where SISU are concerned, I wouldn't put any insidious, devious plot beyond them.
So the plan would be to wait for Wasps to go bust, then continue on with the original plan to get the stadium ?
Again requiring a move out of Coventry waiting for ACL to fold.
Are there people out there that actually believe this is the way forward ?
Which essentially destroys the notion of a 'fan ownership' model
There is that, yes, I'm just clutching at straws to fathom SISU's method to rejecting approximately £3 million for players.Yeah potentially but it was the same with Maddison so why not do the same? Confirm the sale and loan back until the end of the season?
Surely it would have to be published by the FA/PFA as well?
for tim to build his new stadiumI'm sure Sisu know that too. They must be after part of the land for something else I'd hazard a guess at.
There is that, yes, I'm just clutching at straws to fathom SISU's method to rejecting approximately £3 million for players.
Makes no sense, unless there's more than meets the eye.
There is that, yes, I'm just clutching at straws to fathom SISU's method to rejecting approximately £3 million for players.
Makes no sense, unless there's more than meets the eye.
Which essentially destroys the notion of a 'fan ownership' model
You're almost there. They are racking up the club debt up £2m in a year to £44m. Why? Because when we go into Admin the administrator will pay all creditors (basically SISU, through Avro) a certain level in a pound. Say they pay all debt at 20p in a pound that is £8.8m. Where will it come from? Hmm a conveniently priced up training ground - the last asset. It's as plain as the long wooden nose on Fishy Tims face!Just posted this on the Accounts thread, but it really belongs here:
Sisu appear to be intent on cutting their losses by realising the value of the last few remaining assets - the young players plus Ryton - plus the gamble of getting compensation from JR2.
Then they will either find a buyer, or more likely, put the club into administration with the debts to Sisu and Arvo intact. The timecale is unknown, but at the moment, the end of next season looks a strong possibility. In the meantime, they will continue to cut costs in an attempt to break even. The slow death of the club will therefore continue and fans will continue to vote with their feet and with their wallets.
P.S. As a private hedge fund, it's inconceivable that Sisu do not have an exit strategy.
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