covmark
Well-Known Member
No thanks, I'll continue to support the club that I've supported for 30 years.
Skid mark, that's a good one.
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No thanks, I'll continue to support the club that I've supported for 30 years.Good idea SkidMark . Shall I get you a season ticket, too?
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Dwindling crowds should bother any football club owner TBF. A lot of how things pan out with any boycott will come down to the performances on the pitch this season to an extent. I've seen most of the games and we're definitely far better than the results before Port Vale.so do you think dwindling crowds bother them? Would they be concerned by talk of a season ticket boycott next season?
I think he means £2.1m not £2-1m, that would make turnover £3.5m, if the wage bill is 60% our turnover.
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My point is that she can hold on in the hope that eventually there could be a return if the stadium / asset issue can get sorted. She would sell if someone legit came forward with a decent offer but it's her idea of decent rather than a market valuation. It's a gamble, but a safer one than most people think.
£15–25m (and that is an educated guess, but very much a guess – I have no idea what she'd entertain) might be a big loss, but £0–1m is massive, so why not hang on and see if it turns around? If Wasps go to shit or the Butts Park Arena moves forward, it's a different landscape all of a sudden.
(BTW, this is me taking a lot of what I've heard & talked about with a lot of people and making my own theory based on trying to think like a hedge fund – well, if you wan't to be accurate, hybrid fund – manager / finance person.)
Probably having a rest after the cricket season
Meanwhile, Wasps have the council & the CT rolling out the red carpet despite being up to their noses in debt and paying, IIRC, £2m+ pa to service the bond.
The move to Northampton has, I think, been the most harmful and devisive decision ever taken about our club, a decision which now sees Wasps in our stadium. I am not sure if this was entirely Fisher's idea or decision but he was certainly one of the architect's of the move, using CCFC as a pawn to distress ACL. No thought or concern for the effect it had on club or fans. For this alone he deserves all the abuse he is getting.He needs to go.
If Joy wants £15-25M for CCFC no wonder we can't think like them. She must be completely detached from reality if she thinks CCFC is worth anywhere near that. And that's before we even get to the bottom of the cycle.
Next time you see Tim on the train get him to point out how much Wolves or Villa were sold for. If she's seriously thinking of investing millions in a new stadium she must be under the impression that we'll be worth hundreds of millions with a stadium going by her apparent estimation of what we're currently worth. Which of course is nonsense.
It depends how the endgame plays out Mark.No thanks, I'll continue to support the club that I've supported for 30 years.
Skid mark, that's a good one.
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It's £1.2m every 6 months. Starts soon I think.
Or there's the AFC Newport model. Or the AFC Wimbledon one. Or the Hereford one
Wot's football?
It depends how the endgame plays out Mark.
The club is worth approx minus £60m so any fool can work out that there won't be any takers. Most of this is owed to SISU connected companies.
So the next time we go into administration there's a real chance this time it will mean liquidation. If SISU can be persuaded to piss off with 5p in the £, a potential buyer will need to find £3m. Oh, and a ground. And a wage bill.
Somehow I still don't see any takers.
Or there's the AFC Newport model. Or the AFC Wimbledon one. Or the Hereford one. Or the Wolverhampton Wanderers (1986) one?
With a clean slate.
Did you spot those 25k Wolves fans all bleating " no thanks, I'll carry on supporting the club I've supported since....er....1986"?
No. Nor me.
So £2.4m per annum...sounds about right. That is going to hurt. I think there was something about having to re-value the stadium too? Have you heard anything?
This is why I'm suspicious about the exact intentions behind the CT petition.
GrenDullard speaks. Duh! Wibble.Fuck off Garry
Meanwhile, Wasps have the council & the CT rolling out the red carpet despite being up to their noses in debt and paying, IIRC, £2m+ pa to service the bond. At least they got a nice punt going on the Allard Way land which they'll be able to sell on to a developer before too long. Pity about the value of their stadium & getting a decent renewal/new stadium sponsorship. It'll be interesting to see their next accounts...
GrenDullard speaks. Duh! Wibble.
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I don't care about Wasps. While we are talking about losses what about the £18M losses SISU have posted on CCFC in the last 4 years?
What I mean is, to put it in more brutal, Sun Tzu-esque terms, if you want to defeat an enemy you need to think like them.
She's always fighting battles she can't win and doesn't understand what she's up against.Sun Tzu quotes (showing 1-30 of 534) “Appear weak when you are strong, and strong when you are weak.” “The supreme art of war is to subdue the enemy without fighting.” “If you know the enemy and know yourself, you need not fear the result of a hundred battles.
I don't care about Wasps. While we are talking about losses what about the £18M losses SISU have posted on CCFC in the last 4 years?
Yesterday you tosser. When did you?
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When did I say I watched Wasps, you fuckwit?Yesterday? Sunday? I'm not talking about wasps you moron.
just as a point of interest, this piece of land for sale about 100 yards from Ryton
http://www.rightmove.co.uk/commercial-property-for-sale/property-61751909.html
Planning for 14 homes, makes you think how much Ryton would be worth to SISU/ Otium
When did I say I watched Wasps, you fuckwit?
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'So £2.4m per annum...sounds about right.' says RS who claims that will hurt Wasps. In comparison, a 2,4m payment from turnover against 18m loss, shows how badly off we are against the newcomers.
Well, if we've less tickets sold, there's less money to spend to it goes hand-in-hand. I think most people would expect crowds to rise if we can move up the league table and challenge for the playoffs but that's always the gamble at this level.
My point is that she can hold on in the hope that eventually there could be a return if the stadium / asset issue can get sorted. She would sell if someone legit came forward with a decent offer but it's her idea of decent rather than a market valuation. It's a gamble, but a safer one than most people think.
£15–25m (and that is an educated guess, but very much a guess – I have no idea what she'd entertain) might be a big loss, but £0–1m is massive, so why not hang on and see if it turns around? If Wasps go to shit or the Butts Park Arena moves forward, it's a different landscape all of a sudden.
(BTW, this is me taking a lot of what I've heard & talked about with a lot of people and making my own theory based on trying to think like a hedge fund – well, if you wan't to be accurate, hybrid fund – manager / finance person.)
Probably having a rest after the cricket season
So the SCG have left the squirrel and now have meetings on the Coventry to Euston train,Well, for me, it hasn't just been SISU destroying the club. (But I am in no way defending their conduct or part in all this either.)
But with a boycott, fine, the club get less money. Sell players, spend less on replacements, keep plodding away. The problem is with them going is that there are three ways CCFC can go afterwards: Up, down or stay where we are. There is zero guarantee that the next lot will fare any better, especially if the club is cut to the bone even more. Remember how we ended up with SISU in the first place?
There are too many former big- & even medium-sized clubs scraping their way along the L2/National level of the pyramid with no guarantee of getting up any further. That's my worry...it can actually get worse...under SISU, or the next poor sods.
The question you asked was when did I last ATTEND a game, Dullard. Yesterday. Now piss offYou said the last game you watched was yesterday. Who was playing?
So £2.4m per annum...sounds about right. That is going to hurt. I think there was something about having to re-value the stadium too? Have you heard anything?.
I love the fact that in one thread there are about 5 separate conversations going on...
Yeah, but did you see that 70ft putt by Rory last night?
How does that tie in ( with the CT plot )? Ask SISU to go and Wasps are saved? Wasps are top of their league and we are almost bottom of ours. We pay 100,000 a year - peanuts in comparison to the figures you quote - and we are still in trouble. I cannot see Joy getting out of this by hanging on. The Butts is too small anyway and Wasps are doing great in their sport. If SISU have to build a new stadium, it will cost a fortune and take years. She would need even more investors. How does she explain that having lost millions it would be a great idea to put loads more money in? Put it up for sale and let others throw money in. She should move on and concentrate on her other schemes where she has a better track record.
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