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    Can someone explain the 150K offer to me?

    But Sixfields is apparantly only an interim venue while building a new stadium. Income while there will be peanuts and the owners will surely have calculated their budgets accordingly.
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    Can someone explain the 150K offer to me?

    True - ever since we sold Highfield road ... and a good few years before ... the club haven't been viable. The idea behind moving from HR to RA was to gain more income streams to make sure the club became viable again. It all happened before sisu came here. Their biggest mistake was to ignore...
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    Ricoh Arena on August 25th Sky Blues' ladies

    Do you know if they exchange shirts after the match?
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    Can someone explain the 150K offer to me?

    I was merely quoting the ACL offer.
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    Can someone explain the 150K offer to me?

    Sisu's offer was prior to administration: Buy out the ACL mortgage and the Higgs shares. They wanted to buy the mortgage at distressed value ... £5m is the speculative value. Then ACL chairman got a job as director at Yorkshire bank and ccc bought the mortgage at £14m. They wanted to buy the...
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    Can someone explain the 150K offer to me?

    I do - they haven't moved them far enough! But I think we have different perception of what goalposts needs moving. I think the long term viability of the club is dependant on the club not spending more than it earns. That's the single most important issue that need to be achieved. And it's...
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    Can someone explain the 150K offer to me?

    Olive branch? Well that depends on who's side you're on. As I understand it, the offer was £150K/yr plus matchday expenses = £400K/yr. No F/B or other income streams. Minimum agreement 10 years. Rent increase to $400k if promoted. No buying of Higgs shares. Take it or leave it. CVA dependant...
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    Fisher backtracks already

    If it doesn't add up ... if the business won't be viable and profitable at a fully owned stadium with access to every day income streams and not just the F/B on match days ... then it certainly wouldn't add up at the Ricoh paying rent and no access to other income streams than part of the F/B...
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    Crystal Ball

    I think their best opportunity to sell was in the bidding round during administration. As that didn't happen I think they really are going to build a new stadium. It probably wouldn't require too much funding anyway as they should be able to recoup much of the total investment through selling...
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    Fisher backtracks already

    Yes, punisment is transfer embargo. The way around the FFP if 60% of the turnover is not enough to cover the staff wages is to increase equity. They will need to fund the club anyway, and doing it by injecting money as equity (share capital) instead of loans, it will count as turnover. If...
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    Fisher backtracks already

    Otium will not fold.
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    Fisher backtracks already

    In league 1 it's not really about profit or losses - it's about revenue and a salary cap of 60% of the turnover. So they really can't make a loss of £2m on wages alone if turnover is as low as £1m. But they will need to put in more money, and if they put that in as equity it will count as...
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    How else can we stop SISU/Fisher ?

    I don't know if what I am saying is 'true' ... it's what I believe. The scheme needs a venue that pulls in punters - that's the heart of the overall plan. You can't do it without the stadium.
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    How else can we stop SISU/Fisher ?

    Lol - they really should call it 'The White Elephant Stadium' ... isn't there a beer called Elephant they can sign as sponsor?
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    How else can we stop SISU/Fisher ?

    And how is that?
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    How else can we stop SISU/Fisher ?

    I expect there were no banning orders because someone in power understood how sensitive the situation is. That is not something you can expect next time or the time after, it is illegal and at some point will be stopped.
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    How else can we stop SISU/Fisher ?

    There have been sufficient 'smoke' to realize there must be a 'fire' - I am pretty confident they ARE going to build a new stadium. First of all because that's the ONLY way they are ever going to recoup any money. If they can secure a reasonable site they will be able to do the project for a...
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    How else can we stop SISU/Fisher ?

    Pitch invasion is illegal - are there really people who ask fellow fans to risk banning orders and fines? If you are catched and handed over to the police you risk a criminal record. It's hard enough to get a job ... it's not easier with a criminal record.
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    How else can we stop SISU/Fisher ?

    I think it's too late. Sisu have clearly set their minds on building their own stadium. Some still believe they won't, that it's just a bluff with the aim of getting the Ricoh for nothing. Well that won't happen, and I would be amazed if they really think that could happen. They should know by...
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    Ccfc vs bristol match thread

    ... and 489 browsing the thread all wishing they were at the game.
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