A crazy idea but.... (1 Viewer)

I'm in, how would we even go about something like this ?

SkyblueBazza said:

No £10/week. You aren't going to be seeing them at HOME all that time (& quite possibly more) anyway, so what that would buy you is a stake in the Arena value & operating profit initially, & then the club dependent upon how long SISU MIGHT resist selling the club. 5yrs was a generous estimate.

I guess the major flaw could be that out of the missing 10k who rue the loss of their much loved club, only a small percentage are prepared to actually do something like putting real commitment in for fear of losing out.
Just as the title & my initial post said...a crazy idea...but from small acorns grow & all that.

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I'd rather try and buy the club for that money to be honest. Give Sisu a way out and return to the Ricoh on better terms.

I just think £10/week for a stadium with no team is a bit silly. But I'd happily put that forward for a stake in the club itself.

shmmeee said:

I'd rather try and buy the club for that money to be honest. Give Sisu a way out and return to the Ricoh on better terms.

I just think £10/week for a stadium with no team is a bit silly. But I'd happily put that forward for a stake in the club itself.

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The club's not worth buying, however, I'll cover your £10 a week towards the stadium.

Would this be by Direct Debit? Just need to know, as the wife's bound to ask!!!

Gary.j said:

The club's not worth buying, however, I'll cover your £10 a week towards the stadium.

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Fuck me if the club's not worth it, what's the point? Are we just waiting to go bust?

_brian_ said:

Would this be by Direct Debit? Just need to know, as the wife's bound to ask!!!

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Yeah, I'll PM you the details.....


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Quite simply as it stands the club is worth I believe an estimated £60m. That's because all the time the Ricoh is a potential purchase...SISU would only even begin to consider selling it at that price.
So obviously, if the Ricoh can turn a profit without the club...it's a worthwhile purchase.
I'm already getting fed up of saying this for some - £10/week (average) with 10k fans that're missing from watching HOME games leads to £5.2m in a year. As someone else already suggested - some more financially stable people might even put lump sums in for a bigger stake. Once there is enough - attempt the purchase.
After buying the Ricoh, SISU MUST build their new shed, or, as I believe is more likely, having lost their prize...they'll sell for a much reduced price tag. The club's assets are very limited. The spite factor does come I to all this however. They could follow through on a new shed - in the hope of ruining the new stadium owners. Then spitefully sell the club to another, &/or sell all the players first!
Or they might be nice & sell cheap to cut losses...but remember - legal eagles will not come cheap to beat them at their own game & they will offer legal proceedings at every twist & turn.

If a Co-operative of fans bought the Ricoh it would have nothing to do with sisu--so legals would
be of no concern.
Also bear in mind we would own the development land as well which should bring us a massive return on our outlay.

SkyblueBazza said:

Quite simply as it stands the club is worth I believe an estimated £60m. That's because all the time the Ricoh is a potential purchase...SISU would only even begin to consider selling it at that price.
So obviously, if the Ricoh can turn a profit without the club...it's a worthwhile purchase.
I'm already getting fed up of saying this for some - £10/week (average) with 10k fans that're missing from watching HOME games leads to £5.2m in a year. As someone else already suggested - some more financially stable people might even put lump sums in for a bigger stake. Once there is enough - attempt the purchase.
After buying the Ricoh, SISU MUST build their new shed, or, as I believe is more likely, having lost their prize...they'll sell for a much reduced price tag. The club's assets are very limited. The spite factor does come I to all this however. They could follow through on a new shed - in the hope of ruining the new stadium owners. Then spitefully sell the club to another, &/or sell all the players first!
Or they might be nice & sell cheap to cut losses...but remember - legal eagles will not come cheap to beat them at their own game & they will offer legal proceedings at every twist & turn.

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Can I have whatever your drinking please?


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steveo1987 said:

Great idea, £30 a week raised . drinks all round

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Don't encourage him, I think he's had enough to drink already!

stupot07 said:

Can I have whatever your drinking please?


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Well that's the apparent level of investment thus far (depending who you believe) by SISU. Are you suggesting they'd value the club & their investment at less than that? I doubt they would!

SkyblueBazza said:

Well that's the apparent level of investment thus far (depending who you believe) by SISU. Are you suggesting they'd value the club & their investment at less than that? I doubt they would!

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Well the last offer their received was £1.

The Southampton owner bought Southampton and the stadium for £13m, there's no way we're worth worth £60m. They will value their investment as £60m (or whatever) but that's because the money is owed to them as liabilities, but the club itself is virtually worthless, just like when sisu bought it in 2007.


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stupot07 said:

Well the last offer their received was £1.

The Southampton owner bought Southampton and the stadium for £13m, there's no way we're worth worth £60m. They will value their investment as £60m (or whatever) but that's because the money is owed to them as liabilities, but the club itself is virtually worthless, just like when sisu bought it in 2007.


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We all know that - I thought I was dealing with someone incapable of thinking it through.
My point was that you will likely not be able to buy the club for less than £60m whilst there's a chance of SISU getting the Ricoh at a knockdown price. Buy the Ricoh & CCFC valuation by SISU becomes more realistic...OR they have to build a new stadium & try to win back the fans big-time.