Brighton Sky Blue
Well-Known Member
Sadly MMM with nobody willing to take the club on from SISU I'm not sure what else can be done for its benefit. Sugar daddies of Cardiff proportions are needed.
Any news on the rent (1 Viewer)
- Thread starter coop
- Start date
nuckythompson
New Member
That was just the summary Godivai kept it as simple as possible! Too much drinking gives you hangovers yanno :laugh:
Listening to Fisher's constant unsubstantiated spin gives me a headache
covcity4life
Well-Known Member
will we be kicked out of ricoh if rent isnt paid by 26th though?
Why would it matter we have other options.
Joy ... or sisu ... have not put in any money. She/they manage funds who have put in money. That is important.
If sisu get hold of shares in ccfc for nothing, then I think they have all the time in the world. Fischer and Waggot are employed to do their footwork - it's not a huge time (or ressource) stealer for sisu.
Fischer has said so much that I have lost track. Three year break-even, 3mio loss budget .... and this is being quoted all the time.
But how accurate are these figures ... and how accurate are these quotes? The 3mio loss is actually unimportant - it's the cash-flow that is relevant. Is that -3mio? I don't think so. Does the budget include a rent figure of 200k or 1.2mio? Problem is - we don't really know, but we use the quotes in a form that supports our own oppinion. Just like Fischer does.
TheParsonsHose
Member
Perhaps SISU were hoping the world was going to end today therefore paying the rent never made sense. Lets hope they have a plan B!!
oldskyblue58
CCFC Finance Director
I doubt it CC4L
Got to say if I had owned the stadium I would have locked the club out at end of July, I would have been taking action as from June once April & May not paid. As landlord (not as a fan) yes I would have taken it all the way. Point of maximum leverage as landlord. That might have focussed a few minds. Any normal landlord would have acted sooner. That is not a criticism of ACL etc because I understand why they didnt and the approach they took .......... sadly SISU used that against them.
That is not me saying I wanted the club broken either, thats me saying I believe football clubs are not a special case when it comes to business. If it were just about the rent there was always a deal that could be done without racking up debt and putting both entities at risk. Just isnt about the rent
Plus it is easy to talk in hind sight and it isnt me making the decision.
Mary_Mungo_Midge
Well-Known Member
Well, I'll be placing a bijou wager on 'black' on the roulette wheel in the casino tomorrow - a 'one spin' wager is a part of my lucky match-day preparation. Should I prove successful, I may make my way to the director's box and test Fisher's mettle whilst holdin' foldin'....
My point is - it wouldn't satisfy the £40mio+ loans.
It is also an uncontrolled plan ... there are too many uncertain factors.
And it wouldn't really give 'Joy and her team' anything. The funds would maybe regain a few milions, but not really enough.
ccfctommy
Well-Known Member
No, they can take us to court though.
Brighton Sky Blue
Well-Known Member
I'd have thought blackjack was more your thing?
nuckythompson
New Member
Godiva - there is conjecture that Joy has put in substantial amount of her personal money - her personal worth between £30 and £40m but I am sure even she is reluctant to be writing a cheque for £200,000+ every month. According to Fisher he used the £200k rent figure in his budget plans.
covcity4life
Well-Known Member
I doubt it CC4L
Got to say if I had owned the stadium I would have locked the club out at end of July, I would have been taking action as from June once April & May not paid. As landlord (not as a fan) yes I would have taken it all the way. Point of maximum leverage as landlord. That might have focussed a few minds. Any normal landlord would have acted sooner. That is not a criticism of ACL etc because I understand why they didnt and the approach they took .......... sadly SISU used that against them.
That is not me saying I wanted the club broken either, thats me saying I believe football clubs are not a special case when it comes to business. If it were just about the rent there was always a deal that could be done without racking up debt and putting both entities at risk. Just isnt about the rent
Plus it is easy to talk in hind sight and it isnt me making the decision.
yeah im just worried that ACL will show no tolerance to the deadline,i suppose they wouldnt want the fan backlash though
i have pre paid tickets i wanna use in january lol
Mary_Mungo_Midge
Well-Known Member
A few tipples are also part of my 'lucky' matchday experience. The idea of a game that involved algebra, played whilst in a state of over-refreshment would likely end in financial disaster, dear chap
That was just the summary Godiva
I appreciate it was a summary ... If you had written the full text I wouldn't have hangovers, but suffer a severe stroke
Anyway ... your therories makes me wonder what clientel you serve in your daily business. You sure seem to know a lot about tax avoidance, loop holes, distressing companies and exploiting weaknesses
oldskyblue58
CCFC Finance Director
all completely legal above board and transparent Godiva I like to sleep at night ! and I value that my clients trust me.
I like to sleep at night ! and I value that my clients trust me.
skyblueinBaku
Well-Known Member
I have believed all along that the rent dispute was just a smoke screen. This thread, however, has shown me just how complicated the whole affair is, with more twists, turns and red herrings than a novel by LeCarre - and it's giving me a headache just trying to understand a little of what's going on. Think I'll stick to planting turnips.
nuckythompson
New Member
Don't dig too deep or you might find people who have crossed SISU
Don't dig too deep or you might find people who have crossed SISU
Not likely.
But if you go scuba diving ....
nuckythompson
New Member
They sleep with the fishes
lordsummerisle
Well-Known Member
Don't dig too deep or you might find people who have crossed SISU
I crossed SISU with RBS.
Ended up with fuck all.
sky blue john
Well-Known Member
Its interesting there has been a lot of silence on both sides lately !!!!
I would think the counsel would help support ACL if it comes down to a long battle.
I would think the counsel would help support ACL if it comes down to a long battle.
lordsummerisle
Well-Known Member
Particularly a legal one.
nuckythompson
New Member
Problem is SISU's lawyers and financial experts are used to these types of battles the council employs local experts with little experience of taking on such organisations and the variousdirty tricks stunts and scenarios.
nuckythompson
New Member
who SISU?
oldskyblue58
CCFC Finance Director
whoa ! ....... I have my standards yanno...... we operate a clean air policy here, no B S :laugh: Joy and her tribe wouldnt get through our security :laugh:
:laugh: Joy and her tribe wouldnt get through our security :laugh:whoa ! ....... I have my standards yanno...... we operate a clean air policy here, no B S
'Standards' ... that's plural ... like 'double'
Mary_Mungo_Midge
Well-Known Member
'Standards' ... that's plural ... like 'double'
Not always plural. Can be used just after the word 'no'. Which is pertinent to the subject if this debate
skybluealan
Well-Known Member
Tickets are on Sale next Monday for the JPT on January 10th. Does that not say something!!!!!!
Sky Blues
Active Member
The musicians kept playing aboard the Titanic too...
