Sisu have lost the manager, got us relegated, can't pay the bills and still they remain? How can they inspire the players to get us out of this mess given these circumstances. They have no credibility anymore.
Robins said he left because of the clubs uncertain future. Who's fault is that then?
The councils
Sisu have lost the manager, got us relegated, can't pay the bills and still they remain? How can they inspire the players to get us out of this mess given these circumstances. They have no credibility anymore.
I fail to see how you reach that conclusion.
The councils
Robins appears to blame the council
and i quote
"I absolutely wish them all the best, they work their socks off and as I've said before that club needs support from Coventry City Council.
"That led to a decision to want to speak with Huddersfield and that's how the decision has been arrived at."
Sisu have lost the manager, got us relegated, can't pay the bills and still they remain? How can they inspire the players to get us out of this mess given these circumstances. They have no credibility anymore.
Sisu have lost the manager, got us relegated, can't pay the bills and still they remain? How can they inspire the players to get us out of this mess given these circumstances. They have no credibility anymore.
And still they remain? You say that like there is an alternative. Well, actually there is, liquidation. Some people should be careful what they wish for.
As for players, I suspect most of them are currently sat on their sofa playing Halo 4 and eating fried chicken from a bucket. Like they give a shit.
As for players, I suspect most of them are currently sat on their sofa playing Halo 4 and eating fried chicken from a bucket. Like they give a shit.
If TF carries out his promise there will be no football team in Coventry within 3 years. How could liquidation produce an outcome worse than that?
Uh? Liquidation and no football team are the same thing. Liquidation is the end of the club. Saying you want 'SISU OUT' makes no sense. I want a buyer for the club, but that is much more likely to happen if we have a club that is not losing money hand over fist and is sustainable. Reducing the ridiculous rent is part of that process - it would make the club more attractive to a buyer (as would owning a stake in the stadium, but weirdly the SISU OUT brigade are against that idea too). Strange mentality some people have.
And still they remain? You say that like there is an alternative. Well, actually there is, liquidation. Some people should be careful what they wish for.
As for players, I suspect most of them are currently sat on their sofa playing Halo 4 and eating fried chicken from a bucket. Like they give a shit.
Ok, so explain to me how much profit would CCFC have made this year if they owned the Ricoh?
What has profit got to do with it? We're talking about making the club a viable proposition for someone to come in and buy. What assets do we have? Ownership, or part ownership of the stadium, would make us a much more attractive proposition as a long term investment. Having increased revenue streams and turnover also provides more working capital and flexibility in terms of financing. Profit is largely irrelevant, what is important is that the business is stable and sustainable. I run a business and it does OK, but at the end of the year the profit is essentially zero. There is no point making a profit for the sake of it as you only pay tax on it anyway, and you might as well reinvest it in the business.
What has profit got to do with it? We're talking about making the club a viable proposition for someone to come in and buy. What assets do we have? Ownership, or part ownership of the stadium, would make us a much more attractive proposition as a long term investment. Having increased revenue streams and turnover also provides more working capital and flexibility in terms of financing. Profit is largely irrelevant, what is important is that the business is stable and sustainable. I run a business and it does OK, but at the end of the year the profit is essentially zero. There is no point making a profit for the sake of it as you only pay tax on it anyway, and you might as well reinvest it in the business.
Ok perhaps I didnt put it right. My point was the stadium situation accounts for at most 25% of CCFC losses. Maybe when Sisu show some success in tackling at least part of the other losses then we will get somewhere.
What I was trying to get across was that if ACL was suddenly gifted to CCFC that the club would still be in financial trouble.
I am sure if SISU were to acquire a stake they would have to part with a considerable sum of cash first. And you're right, it wouldn't solve all the financial problems, but it would help and would give the club more leverage, and crucially it would make a takeover more likely and isn't that what we all want? Sadly, ownership of the Ricoh is not on the agenda any more, gone way past that it seems. Not really sure where we go from here.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?