Fawaz Al-Hasawi (1 Viewer)

skylark37

Well-Known Member
From David Ornstein's Athletic article:

Al Hasawi eyeing up England’s crisis clubs

News also reaches The Athletic that Fawaz Al-Hasawi, previously the owner of Nottingham Forest, may be looking to find a route back into football.

This will necessarily be an appealing prospect for any potential clubs bearing in mind Al-Hasawi’s time at the City Ground was accompanied by a series of winding-up orders, wages and debts repeatedly being paid late, a transfer embargo for breaching financial fair-play regulations, a near-relegation to League One and all sorts of eccentric decision-making.

According to one ally of Al-Hasawi, the Kuwaiti millionaire briefly had an interest in Bolton Wanderers before deciding they were too far north of his property in London.

Coventry City is now said to be an option, which leaves the impression Al-Hasawi may be prioritising what could be described as English football’s crisis clubs (one of his aides was photographed being shown round Charlton last year).

Al-Hasawi left Forest in 2017 after five years in which the team’s league position grew worse every season, finishing eighth, 11th, 14th, 16th and 21st.
 

ccfc92

Well-Known Member
You have to wonder why a millionaire (not even a billionaire), would want to get involved in struggling football clubs and not invest in them properly?
 

HuckerbyDublinWhelan

Well-Known Member
You have to wonder why a millionaire (not even a billionaire), would want to get involved in struggling football clubs and not invest in them properly?
What’s investing properly though? If we maintain the current spending plan then we should be ok. Besides new owner and allegedly we’ll have thousands of SISU OUT fans returning.

will be good to see him negotiate a Ricoh deal and see what else the telegraph and wasps can screw us over with
 

Limey

Well-Known Member
It's gonna take a billionaire to regain Ricoh (with or without wasps) to dig us out of our hole.
Fwiw, that's surely still not a bad option for someone with the spare cash.
 

ccfc92

Well-Known Member
What’s investing properly though? If we maintain the current spending plan then we should be ok. Besides new owner and allegedly we’ll have thousands of SISU OUT fans returning.

will be good to see him negotiate a Ricoh deal and see what else the telegraph and wasps can screw us over with

Well not letting this sort of stuff happen for one.

"A series of winding-up orders, wages and debts repeatedly being paid late, a transfer embargo for breaching financial fair-play regulations, a near-relegation to League One and all sorts of eccentric decision-making."

I am not sure if Forest were over spending/paying high wages at the time?
 

HuckerbyDublinWhelan

Well-Known Member
Well not letting this sort of stuff happen for one.

"A series of winding-up orders, wages and debts repeatedly being paid late, a transfer embargo for breaching financial fair-play regulations, a near-relegation to League One and all sorts of eccentric decision-making."

I am not sure if Forest were over spending/paying high wages at the time?
Like I said, if we keep our current spending it would be ok. As you say it’s a worrying sign as to what happened at Forest.

sticking with SISU on this one because possibly better the devil you know rather than the one you don’t
 

Terry Gibson's perm

Well-Known Member
Well not letting this sort of stuff happen for one.

"A series of winding-up orders, wages and debts repeatedly being paid late, a transfer embargo for breaching financial fair-play regulations, a near-relegation to League One and all sorts of eccentric decision-making."

I am not sure if Forest were over spending/paying high wages at the time?


Nearly all championship clubs have to overspend to try to compete with the unfair parachute payments

Look at Richard Keogh does anybody see a 1.2 million pound a year footballer there a man who I believe has never played top division football or ever will now
 

oldskyblue58

CCFC Finance Director
with that track record ....... no thanks, we have suffered enough for 11 years. That said SISU have always ensured the club paid the wages and bills on time (ignoring the rent strike which was for a specific purpose)
 
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Warwickhunt

Well-Known Member
It's gonna take a billionaire to regain Ricoh (with or without wasps) to dig us out of our hole.
Fwiw, that's surely still not a bad option for someone with the spare cash.
who's spare cash though!
 

robbiekeane

Well-Known Member
Maybe people will realise we could have a lot lot worse owners.

SISU’s biggest fault has been poor PR and a refusal to throw good money after bad. I much prefer a sustainable (or ambition to be) model to something like bury
 

fernandopartridge

Well-Known Member
Seems standard, get people worked up and misled
Kevin Moron the Labour councillor piped up on twitter about it, doesn't usually pay any attention to CCFC. Don't disagree that getting back to the Ricoh is essential but think Maton's motivations are nothing to do with the good of CCFC

 

Skybluefaz

Well-Known Member
Kevin Moron the Labour councillor piped up on twitter about it, doesn't usually pay any attention to CCFC. Don't disagree that getting back to the Ricoh is essential but think Maton's motivations are nothing to do with the good of CCFC


Beggars belief that the twonk is over that story. You'd think after big bad sisu they'd think twice about encouraging an owner with a sketchy past. Is this all just for Wasps benefit because even he can't be that stupid.
 

itsabuzzard

Well-Known Member
It's gonna take a billionaire to regain Ricoh (with or without wasps) to dig us out of our hole.
Fwiw, that's surely still not a bad option for someone with the spare cash.
Multi millions would do. A billion is a very big number.

Sent from my LG-H850 using Tapatalk
 

Brighton Sky Blue

Well-Known Member
You have to wonder why a millionaire (not even a billionaire), would want to get involved in struggling football clubs and not invest in them properly?

Presumably to make a quick profit in the same way SISU were hoping...
 

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