To put it bluntly the hapless shower that own the club have a proper cohesive strategy for even the medium term rather than the half arsed ground control strategy they are currently pushingJust a Sunday afternoon muse. How long or what would it take for you to see us as a "Championship Club"?
Obviously, we are already in literally status but just to feel like one and apart of the furniture.
Lol they’ve nothing to sell the club is worth £1I still believe SISU will orchestrate their departure and sell up while in the championship. They will help MR's in this transfer window where they can to be certain of staying up, otherwise a drop down again will destroy their hopes of ever getting out. Consolidate this season and next season, if we are not looking like contenders the club will be sold imho.
Goodwill, a good fan base, status in the 2nd tier, a strong academy, and a few players whose contracts could be sold. But it's certainly not the return on investment they would have hoped. That's one reason I believe they are actually moving forward with the stadium (unless they somehow prevail or end up with the Ricoh lease). The ultimate goal is a return to their investors and that won't happen without a stadium or promotion to the premier league.The only thing there is to sell is the clubs name, we don’t own anything else
The exit strategy has had nothing to do with league position for almost 10 years. Just increasingly desperate efforts to nick the Ricoh and now this revived talk of building a ground which would still likely end up being levied on the club were it ever to materialise. Nobody will buy a club with nowhere to play and no hope of owning a ground, much less when SISU will also expect at least some of their loans repaid as part of the deal.I still believe SISU will orchestrate their departure and sell up while in the championship. They will help MR's in this transfer window where they can to be certain of staying up, otherwise a drop down again will destroy their hopes of ever getting out. Consolidate this season and next season, if we are not looking like contenders the club will be sold imho.
They have a strategy and I wouldn't call it short term...buy young promising players and sell for a profit and try to minimise losses. Whether you like it or not, it's a strategy.To put it bluntly the hapless shower that own the club have a proper cohesive strategy for even the medium term rather than the half arsed ground control strategy they are currently pushing
Agree with this, we've incrementally improved the squad every window since 2017, even with notable departures like McNulty, Willis etc.Now we've seen the standard across this division it seems a lot less intimidating than it did at the point of promotion. Even with our low budget, our settled structure and clear recruitment policy mean we are already competing with teams who might have bigger budgets but are spending it with a more short term view. There are plenty of (relatively) average teams in the division that it won't take a huge amount to be competitive with.
Of course some of those average teams will also get it right but between newly promoted teams, relegated teams in free fall and other teams being average through manager churn, crazy owners, spunking their budgets etc I think we have enough to be looking up the table rather than down.
Staying up this year is crucial so that we get another summer transfer window to improve on the current squad. We are of course heavily reliant on the recruitment team. One bad transfer window where we sell a star and don't use the money wisely and we can quickly be in trouble. That risk should diminish though with every passing window.
The accounts show the club is worth (£20 million) you can blather on about goodwill but that is the reality and actually will I’m sure be far far worse in the next set of accounts.There is value in the club of course. Goodwill of CCFC is important. It's not like you were buying a Sunday league club. Planning consent for a new stadium will in part have a lot to do with it, hence the strides in this direction recently and once we knew we were a championship club. Even if we agree a rental agreement and pecentage share at the Ricoh under new incoming owners, this will happen. If it was worth jus £1 grendel then why did an experienced banker offer much more on the back of a fag packet? the worth is not just in assets (of wwhich there are few atthis time) but earnings potential for this type of business.
It's worth whatever someone is willing to pay for it.How much is it worth then?
of course, because the liabilities are to the owners, and player growth is not on the balance sheetOur last balance sheet shows negative £20m assets over liabilities
The shares are worthless. The comparisons you make are not very relevantIt's worth whatever someone is willing to pay for it.
Debt is never an issue.
Every club, the biggest clubs in the world have 500 million in debt. Man United and Tottenham for example.
All other big clubs are 100s of millions in debt. Brighton 260m in debt.
Doesn't mean they are worthless.
Governments are trillions in debt.
Money makes money. How wealthy you are is as much about how much you can borrow and service the debt. Hence the credit rating agencys. Etc etc.
It's all about having an income to service our debt.
Last few years we are spending to our means. We have a value. That value is potential is a fan base. Can't buy a fan base even if it's divided at the moment.
Yes I’m sure he would or his consortium would, I have no opinion on Hoffman or anyone else but I reckon a bad Hoffman would be better for us than a good Joy SepallaSo Grendel if they offered Hoffman the club for £1 do you think he would buy it or call it a basket case?
I'd buy it for £1. I'd be all over it.