I am largely a reader of this forum, not a poster (I'm unsure of precisely what my post count is, but it will be low), but I have to make an exception in this case.
I've avoided this forum like the plague now for some time because frankly it's depressing watching the majority of supporters peddle the agenda of the club's landlords and particularly the council who have been heavily involved with the skullduggery surrounding our club, principally because they seem to have you all convinced that their hands are not blood stained, despite the punitive measures they have taken against your football club!
It is no secret that SISU have consistently left us wanting more during their tenure, but yet two facts remain;
1. They have invested a large sum of money in our club (albeit whilst annotating it on the balance sheet as loans).
Erm no they’ve loaned us the money which they will (as most lenders do) be demanding back possibly with interest. Investments are more like a gamble, you win some you lose some style things.
2. Everybody seemed to be happy with progress this year under SISU until this stadium debacle.
Er no, people were unhappy well before that. They were unhappy that we got relegated again, that we had a good manager who buggered off to another club etc.
Ultimately, SISU are in the right here, as painful as it might be to admit it. It has been well publicised that there are impending problems for clubs under the 'financial fair play' rules. Predominantly this is very simple, we can only spend what we make in ticket sales/sponsorship etc on sustaining the club and maintaining a competitive playing squad.
No argument there we need to have revenues to prosper under FFP, however SISU have made this very difficult by moving us to Northampton. The cross invoicing of the F&B revenue would have given us how much to spend under FFP had we stayed at the Ricoh? They could have been selling tickets to us by now.
At present we make precious little, and consequently, we will really feel the bite when these rules come into force. If you think a ten point deduction is hard to swallow, the consequences of not fitting in with these rules will have our club in a serious nosedive and have us tumbling down the leagues quicker than you can say 'maybe that coffee guy was right'.
At present you can’t even buy a ticket (let alone a season ticket) and the club shop is run out of a barrow at Tesco that’s one of the reasons we make precious little. What tumbling down faster than SISU have managed to get us going? Maybe I should start drinking coffee.
Simply put for the primate contingent of this forum; some derp once upon a time made a real balls up when negotiating rent for our stadium and as a result, the cash we get in return for the tickets we sell aren't sufficient to support the club without the owners putting money in - which it is not viable long term for those owners to do because in time they will be prohibited from doing so.
Yeah and that’s why owning the long lease on the Ricoh is so vital to the future of the club, so we can get revenue 365 days a year not just during the season. Shame SISU screwed that up by their brilliant strategy of negotiations. The fact that the Higgs are still willing to sell to them is baffling in the extreme.
The owners are business people, and bought in with the idea one day of either taking a considerable dividend or planning an exit strategy to sell the club on. This is their right and I support that. We aren't playing subbuteo here, we're playing football manager...
Well business people normally file accounts on time and don’t describe them as a mess in front of their customers. You say bought in, it was my understanding (from the post his son made) that Sir Higgs who owned a load of the shares wrote off the money he’d spent buying them when SISU took over. No idea about Geoffrey Robinson but together didn’t they own about 70 something % of the club and weren’t all the shareholders asked to hand over their shares for nowt
The club had every right to request that the arena bosses revisited the rent agreement. It is in their best interests for the club to prosper! The club and the stadium are supposed to behave like husband and wife. The stadium is cheating on the club at the moment with the council! I'm sure if the club became champions league chasers, then the arena would be looking for a substantial rent increase! This works both ways....
Yes they had every right, so why didn’t they request a rent review at any time in the past? It should have been obvious to them from day one that the rent was too high, and that they needed to talk to ACL. The previous board apparently did (and I don’t think got anywhere) but as far as I know SISU didn’t until last year.
This exercise on SISU's part, is simply to demonstrate to the arena bosses that their arena cannot survive without the club. I support that, and you should too!
And boy would SISU look dumb if ACL actually did manage to survive without the club. Not saying that they can (although they can file accounts on time) just that if they could SISU wouldn’t look like the sharpest tools in the box (again).
If we were smart supporters instead of sheeples, your lean would be on the arena bosses and not the club. You'd all turn out in force at Northampton to support our team at home games and frighten the life out of the arena bosses. Additionally you'd all be emailing the businesses that operate on the arena site encouraging them to demand a rent decrease in line with the footfall reduction as a result of CCFC departing from the site.
So the supporters should all travel an extra unnecessary distance for home matches because of the brilliant decisions made by SISU? Oh and what other businesses operate on the Arena site that we can email, I thought it was all ACL?
Our football club can only survive if we procure the stadium or have a rent agreement that allows us access to a lion share of the money that the supporters invest in watching the team!
We had the chance to get the long lease on the Ricoh and SISU screwed it up spectacularly .
The council stifled the club's attempt to get serious with the arena bosses by spending FOURTEEN MILLION POUNDS OF TAXPAYERS MONEY propping up ACL. Surely on this forum there are some people who have suffered from council cuts - be it redundancy, policing deficiencies, or perhaps they turn your streetlights off at night turning your area into a criminals wet dream? How can they spend 14M of your money like that, and nobody raise any objection?
What, we should be objecting because the council are supporting a community asset, that they have invested in? And if that loan actually makes the council money you’d object to that too?
Ultimately, if you were to protest against the council, perhaps their intervention would be punishable. Perhaps they'd have to recover their 14M and ACL would have to remortgage that 14M - Almost impossible with no viable tenants!
So you support the boycotting of legally agreed rent to push another business into administration? The fact that the loan has made it possible to offer the club lower rent is not a good thing and we should as supporters object to this lower rent offer? If it had been me I’d have been hard nosed about it and kicked the tenants out of my property if they missed two rent payments. In fact I think in the contract on my flat that is exactly what will happen if the tenants do stop paying. ACL haven’t done that and have made concessions and lower rent offers.
Perhaps then the arena will need to be sold to the people who would most benefit from it. Not SISU - your football club!
I have no objection to the football club owning the long lease of the Ricoh/owning ACL. I object in the strongest possible terms to SISU being involved in any of that. As soon as SISU are no longer owning the club I’m sure the council would be delighted to talk to the new owners, if they havemn’t already sold their share to someone else like PH4
This is all a big game of smoke and mirrors, and SISU will get their way because they are a bunch of sharks - but the supporters are making it unnecessarily difficult for them - Your allegiance is to the club, not the council - I guarantee most here have been wronged by the council some way, at some time in their lives.
I don’t like sharks, they tend to try and eat you and I’ll fight tooth and nail to stop SISU get their way after the way they have treated our club.
The club, (in my opinion) will unlikely play long-term at Northants. But if we turned out there in force to support our team, instead of these protests of about five people that frankly look pitiful, perhaps we can affect positive change over our clubs future and restore it to former glory.
I support the team, not SISU or ACL I support the team. I have nothing against ACL and everything against SISU.
Does anyone understand how irksome it is, every time our captain posts about tennis/golf/his holiday/his pets it is for you all to turn it into some innuendo filled rant about the club and the owners.
I'm sure you will all have your problems with this post, but I could no longer be silent.
PUSB!
I’m not ranting about the team just the owners of our Club.