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Breakeven (14 Viewers)

  • Thread starter dongonzalos
  • Start date Oct 15, 2016
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stupot07

Well-Known Member
  • Oct 16, 2016
  • #71
Sky Blue Kid said:
Ok. How much do you think they would rent the stadium to CCFC for?
Click to expand...


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chiefdave

Well-Known Member
  • Oct 16, 2016
  • #72
Sky Blue Kid said:
Hypothetical scenario now... SISU bought the Ricoh and charge CCFC £1.3m p.a. rent! Would that be ok in everybodies mind? If not How the fuck do CCFC go on rent strike..... Take your time guys, I've got all night!
Click to expand...
How about new owner buys Wasps and then buys CCFC? CCFC play for free and get all revenues, Wasps get charged £1.3pa rent and have to pay the bonds.
 
Reactions: Ian1779 and Deleted member 5849

Sky Blue Kid

Well-Known Member
  • Oct 16, 2016
  • #73
stupot07 said:


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Click to expand...



chiefdave said:
How about new owner buys Wasps and then buys CCFC? CCFC play for free and get all revenues, Wasps get charged £1.3pa rent and have to pay the bonds.
Click to expand...


How about SISU just fuck off on the same boat as Wasps!
 
Reactions: Moff and Astute

stupot07

Well-Known Member
  • Oct 16, 2016
  • #74
Sky Blue Kid said:




How about SISU just fuck off on the same boat as Wasps!
Click to expand...
Don't think you'd find anyone argue with that!

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Sky Blue Harry H

Well-Known Member
  • Oct 16, 2016
  • #75
Nick said:
Do people want SISU to pump more money in and be in debt to them?

Will people be OK with SISU wanting every penny back?

I don't really want to be in any more debt to them.
Click to expand...

It doesn't matter if we 'owe' them £30M or 500M (they can always charge our club an increased management fee any time they like to increase the debt - or write some off if they felt niceaboutit). If we miraculously get promoted and more cash comes in they always have the option to do what they want with said income - not necesaarily going to strengthen the squad, You would at least hope that they could see that if we were nearer the PL we would be more attractive to somebody willing to take a punt on us (hopefully with more nous than them) - even if we were without a stadium.
 

Bruce the Boot

Well-Known Member
  • Oct 16, 2016
  • #76
clint van damme said:
so we'd have been tenants to a dodgy landlord who didn't give two fucks about the club, whereas now............
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And your point is ? Yes tenants instead of landlords of which the club could have been , You know the intelligence of people who think their big and clever on here does leave a lot tobe desired .
 
Reactions: ricohroar

singers_pore

Well-Known Member
  • Oct 17, 2016
  • #77
Kingokings204 said:
To break this cycle you have to invest and pump some money in. So whilst break even is commendable it's also not particularly realistic.
Click to expand...

Of course, some investment would be great but I think the problems run much deeper than that. I have said for many years that the club is being run very amateurishly by people who don't even treat it as a full time job. JS almost never goes to games. TF turns up on a weekend but does almost nothing during the week. CA was also treating it as a part-time job as he was working on his consultancy the rest of the time.

The club's situation would improve a huge amount just by having someone running things from the top on a full time basis. There are so many areas in which the business could be run better but we are owned by clueless idiots who have no idea and, more importantly, have no real financial interest in turning things around.

I think SISU are just going to keep cost cutting chasing the illusory "self-sufficient" equilibrium while also trying to sell off our only remaining tangible asset at Ryton. As fans we have to hit SISU where it hurts. I think marches and NOPM have little impact on SISU so we really should be upping the ante.
 
Reactions: georgehudson, ricohroar and ceetee

Astute

Well-Known Member
  • Oct 17, 2016
  • #78
Kingokings204 said:
And came back because it wasn't sustainable.
Click to expand...
They came back because their plan to get the Ricoh went badly wrong.
 
Reactions: skybluebeduff and stupot07

Astute

Well-Known Member
  • Oct 17, 2016
  • #79
Deleted member 5849 said:
Do you like answerig a question with a question?
Click to expand...
Do you ever do it yourself?

Shit. You have me doing it now.
 
Reactions: ricohroar and Sky Blue Kid

clint van damme

Well-Known Member
  • Oct 17, 2016
  • #80
Bruce the Boot said:
And your point is ? Yes tenants instead of landlords of which the club could have been , You know the intelligence of people who think their big and clever on here does leave a lot tobe desired .
Click to expand...

What the fuck are you on about now you utter cretin?
And if you're going to question peoples intelligence, make sure the post you're doing it in isn't littered with appalling punctuation and grammar.
 
Reactions: Moff, SkyBlueZack and Liquid Gold

NortonSkyBlue

Well-Known Member
  • Oct 17, 2016
  • #81
I applaud Sisu for getting the club on an even keel with its day to day running costs and feel that if other owners had done the same thing then maybe we would never have built up such a huge debt, however what this self sufficiency doesn't take in to account is that we potentially don't have a ground to play on, an academy to groom players and no assets to speak of unless we unearth a Lionel Messi in the next few months.
Breaking even at this time is a red herring, just like if we had won some games on the pitch like last year. It does not change the picture at all, nothing does.
 
Reactions: chinamans view and Astute

Bruce the Boot

Well-Known Member
  • Oct 17, 2016
  • #82
clint van damme said:
What the fuck are you on about now you utter cretin?
And if you're going to question peoples intelligence, make sure the post you're doing it in isn't littered with appalling punctuation and grammar.
Click to expand...

Is that the best you can do as a reply .
 

Terry Gibson's perm

Well-Known Member
  • Oct 17, 2016
  • #83
riyadhskyblue said:
I applaud Sisu for getting the club on an even keel with its day to day running costs and feel that if other owners had done the same thing then maybe we would never have built up such a huge debt, however what this self sufficiency doesn't take in to account is that we potentially don't have a ground to play on, an academy to groom players and no assets to speak of unless we unearth a Lionel Messi in the next few months.
Breaking even at this time is a red herring, just like if we had won some games on the pitch like last year. It does not change the picture at all, nothing does.
Click to expand...


Yes it's a lovely idea unfortunately most of the football world doesn't bother with it so we are struggling on the field
 

italiahorse

Well-Known Member
  • Oct 17, 2016
  • #84
clint van damme said:
but sisu would then have access to all of the associated benefits of the stadium, it wouldn't make sense to hamstring the club as the bigger attendances would be worth far more them in terms of F&B, car parking, hospitality etc.
Click to expand...
So why didn't they do it when they had the chance ?
 
Reactions: ricohroar

clint van damme

Well-Known Member
  • Oct 17, 2016
  • #85
italiahorse said:
So why didn't they do it when they had the chance ?
Click to expand...

because they wanted it for next to nothing? I've given up trying to fathom out the reasoning behind anything they do to be honest.
 
Reactions: Astute

stupot07

Well-Known Member
  • Oct 17, 2016
  • #86
Has anyone actually gone through the accounts of all the league one clubs? With the FFP rules I refuse to believe we have anywhere near the lowest wage bill or that the majority of clubs are massively investing and making huge losses.

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D

Deleted member 5849

Guest
  • Oct 17, 2016
  • #87
clint van damme said:
because they wanted it for next to nothing? I've given up trying to fathom out the reasoning behind anything they do to be honest.
Click to expand...
Nobody wanted the stadium at the price or terms available when SISU were sniffing around.
 
Reactions: SkyBlueZack

skybluetony176

Well-Known Member
  • Oct 17, 2016
  • #88
stupot07 said:
Has anyone actually gone through the accounts of all the league one clubs? With the FFP rules I refuse to believe we have anywhere near the lowest wage bill or that the majority of clubs are massively investing and making huge losses.

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Click to expand...

Even the FFP rules are a red herring. Aside from the fact that it only tells you what you can spend not what is being spent there is also ways around it. Fleetwood for example have an owner I believe who injects equity to get around it. MV also made a point of saying that they don't know where we fall in the budget league this season. That's the opposite to last season where they were falling over themselves to tell us we had a top six budget. That tells me that we have fallen down some places this season, maybe even bottom half. Otherwise they'd be falling over themselves to tell us again.

Sorry but last season was our last chance to constructively get out of this league. If it happens now under SISU's business model it will be luck rather than ambition. League one mediocrity or worse is all we have to look forward to, the odd good cup run aside.
 
Reactions: ricohroar and Astute

stupot07

Well-Known Member
  • Oct 17, 2016
  • #89
skybluetony176 said:
Even the FFP rules are a red herring. Aside from the fact that it only tells you what you can spend not what is being spent there is also ways around it. Fleetwood for example have an owner I believe who injects equity to get around it. MV also made a point of saying that they don't know where we fall in the budget league this season. That's the opposite to last season where they were falling over themselves to tell us we had a top six budget. That tells me that we have fallen down some places this season, maybe even bottom half. Otherwise they'd be falling over themselves to tell us again.

Sorry but last season was our last chance to constructively get out of this league. If it happens now under SISU's business model it will be luck rather than ambition. League one mediocrity or worse is all we have to look forward to, the odd good cup run aside.
Click to expand...

Looms like Fleetwood's chairman has had enough..

http://www.insidermedia.com/insider/northwest/143408-fleetwood-fc-set-break-even-goal/

Also a few people banging on about Rochdale..

http://www.rochdale.vitalfootball.co.uk/article.asp?a=385919

Yes there is ways around FFP, but IMO the majority of clubs will be starting ro utilitise them to get costs under control and limit the amount of money an owner has to 'invest'. Its win:win for owners.

Our wage bill has probably fallen down, I would be very surprised if its much lower than 12th, it certainly isn't 24th.

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Last edited: Oct 17, 2016
Reactions: Astute

NortonSkyBlue

Well-Known Member
  • Oct 17, 2016
  • #90
stupot07 said:
Looms like Fleetwood's chairman has had enough..

http://www.insidermedia.com/insider/northwest/143408-fleetwood-fc-set-break-even-goal/

Also a few people banging on about Rochdale..

http://www.rochdale.vitalfootball.co.uk/article.asp?a=385919

Yes there is ways around FFP, but IMO the majority of clubs will be starting ro utilitise them to get costs under control and limit the amount of money an owner has to 'invest'. Its win:win for owners.

Our wage bill has probably fallen down, I would be very surprised if its much lower than 12th, it certainly isn't 24th.

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Click to expand...
With all due respect you have no idea whether it is 1st or 24th, what is a fact is that we are 24th and last place on the pitch so it is irrelevant where we sit in the budget table, just like it was when Burton and Yeovil were promoted.
 

stupot07

Well-Known Member
  • Oct 17, 2016
  • #91
riyadhskyblue said:
With all due respect you have no idea whether it is 1st or 24th, what is a fact is that we are 24th and last place on the pitch so it is irrelevant where we sit in the budget table, just like it was when Burton and Yeovil were promoted.
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I never said I did know, I just said I find it hard to believe its the worse in the league. It isn't irrelevant, people are saying we're bottom because of lack of investment, but yet there are teams with lower wage bills than us, higher in the league or have been promoted. For me this seasons position is largely down to TMs recruitment and tactics.

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NortonSkyBlue

Well-Known Member
  • Oct 17, 2016
  • #92
stupot07 said:
I never said I did know, I just said I find it hard to believe its the worse in the league. It isn't irrelevant, people are saying we're bottom because of lack of investment, but yet there are teams with lower wage bills than us, higher in the league or have been promoted. For me this seasons position is largely down to TMs recruitment and tactics.

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Click to expand...

'it certainly isn't 24th.'
No idea if it is!

'For me this seasons position is largely down to TMs recruitment and tactics.'
Couldn't agree more!
 

italiahorse

Well-Known Member
  • Oct 17, 2016
  • #93
Deleted member 5849 said:
Nobody wanted the stadium at the price or terms available when SISU were sniffing around.
Click to expand...
They over played there hand, raised the odds and lost.
At its worst they could have paid £13M for ACL and took on £14M loan .... total £27M.
What capacity stadium do you get for £27M ? ........ 15,000 ?
 

Nick

Administrator
  • Oct 17, 2016
  • #94
italiahorse said:
They over played there hand, raised the odds and lost.
At its worst they could have paid £13M for ACL and took on £14M loan .... total £27M.
What capacity stadium do you get for £27M ? ........ 15,000 ?
Click to expand...

When was that?
 

italiahorse

Well-Known Member
  • Oct 17, 2016
  • #95
Nick said:
When was that?
Click to expand...
At the start
 
S

SkyBlueZack

Well-Known Member
  • Oct 17, 2016
  • #96
italiahorse said:
At the start
Click to expand...

Prove it
 

Captain Dart

Well-Known Member
  • Oct 17, 2016
  • #97
SkyBlueZack said:
Prove it
Click to expand...
Disprove it. :finger:
 
Reactions: Sky Blue Kid
S

SkyBlueZack

Well-Known Member
  • Oct 17, 2016
  • #98
There was never any inclination from the council to sell it until CCFC withdrew the rent which propped ACL up. The quote of 24m for F & B revenue when Gidney was in charge hardly points to a realistic sale price. Why? I imagine to put buyers off? A bit like SISU loading and charging the club puts buyers off.

Before SISU, Paul Fletcher had said the council were unhelpful. Does it not say something similar in Gilberts book too?

Now, your turn :finger:
 

chinamans view

Well-Known Member
  • Oct 17, 2016
  • #99
We will break even with Sisu,,, when we are playing at Hearsall common and the players are paying the subs
 
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chinamans view

Well-Known Member
  • Oct 17, 2016
  • #100
We have been making money for the last few years, !!!!! No overheads only ground rent, thats cheaper than owning your own ground and running it, Plus wages but because we get bigger crowds than most in this league we should have the best budget by far. think about it, it makes sense, if you believe Sisu that we are not making money, they will keep laughing at you, that's why they stay.
 

stupot07

Well-Known Member
  • Oct 17, 2016
  • #101
chinamans view said:
We have been making money for the last few years, !!!!! No overheads only ground rent, thats cheaper than owning your own ground and running it, Plus wages but because we get bigger crowds than most in this league we should have the best budget by far. think about it, it makes sense, if you believe Sisu that we are not making money, they will keep laughing at you, that's why they stay.
Click to expand...

Why should we have the best budget by far in the league?

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Nick

Administrator
  • Oct 17, 2016
  • #102
stupot07 said:
Why should we have the best budget by far in the league?

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Click to expand...
That's the issue, people don't really understand.

No overheads apart from rent?


Give us the best budget, #nopm
 
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