Breakeven (1 Viewer)

Forums New posts
D

dongonzalos

Well-Known Member
Feb 13, 2012
19,363
2,179
113
Closer and closer to breakeven point.
Makes me feel warm inside.
I will be so chuffed when I can boast to my work colleagues that our club is self reliant !!!!
They can stuff wins, promotions and trophies up their bums.
We will be "washing our own faces"!!!!
None of them will be able to claim that.
 
  • Like
Reactions: ricohroar, colin101, Terry Gibson's perm and 5 others
Ian1779

Ian1779

Well-Known Member
Dec 6, 2012
10,384
8,927
313
You are a tit at times. Being self sufficient is important - it means we are less reliant on our imbecilic owners. If we could get rid of them that would be even better.

If we can stand on our own two feet we should hopefully never attract anyone of their ilk to our club again.
 
  • Like
Reactions: Moff, Liquid Gold, cloughie and 3 others
D

dongonzalos

Well-Known Member
Feb 13, 2012
19,363
2,179
113
image.jpeg
Ian1779 said:
You are a tit at times. Being self sufficient is important - it means we are less reliant on our imbecilic owners. If we could get rid of them that would be even better.

If we can stand on our own two feet we should hopefully never attract anyone of their ilk to our club again.
Click to expand...

Yep it's great we should keep striving for it. For some reason though just as we nearly get there, the finishing line moves a tiny bit further away.
Can't think why but it kind of reminds me of the picture above

But then as you say I am just a tit, I probably have it wrong when I think that the more you cut the worse the results which leads to smaller attendances which leads to more cuts which leads to.....
 
  • Like
Reactions: georgehudson and Ashdown
Ian1779

Ian1779

Well-Known Member
Dec 6, 2012
10,384
8,927
313
The cycle of owners throwing money at club, fuck all happens then the money dries up is why we are at this point.
 
  • Like
Reactions: ccfchoi87
stupot07

stupot07

Well-Known Member
Mar 20, 2011
33,036
12,319
313
I can only assume we have the lowest budget in the league......

Sent from my SM-G930F using Tapatalk
 
  • Like
Reactions: oucho
letsallsingtogether

letsallsingtogether

Well-Known Member
Jun 30, 2012
15,255
5,593
313
coventry
Ian1779 said:
You are a tit at times. Being self sufficient is important - it means we are less reliant on our imbecilic owners. If we could get rid of them that would be even better.

If we can stand on our own two feet we should hopefully never attract anyone of their ilk to our club again.
Click to expand...
Never going to happen all time low crowd on Tuesday will all but show us that
 
  • Like
Reactions: cloughie
Bruce the Boot

Bruce the Boot

Well-Known Member
Jun 18, 2016
721
235
43
Ian1779 said:
You are a tit at times. Being self sufficient is important - it means we are less reliant on our imbecilic owners. If we could get rid of them that would be even better.

If we can stand on our own two feet we should hopefully never attract anyone of their ilk to our club again.
Click to expand...

And as soon as a profit is made where do you think that will go ? How much do you think Sisu will charge CCFC in rent for The hypothetical new stadium.....
 
  • Like
Reactions: ricohroar
D

dongonzalos

Well-Known Member
Feb 13, 2012
19,363
2,179
113
letsallsingtogether said:
Never going to happen all time low crowd on Tuesday will all but show us that
Click to expand...

It could happen but I would think at maybe 2k levels and it won't be in this league or possibly even division 4.
Hence why we are the only club of our stature trying to do it.
 
Last edited:
D

dongonzalos

Well-Known Member
Feb 13, 2012
19,363
2,179
113
rupert_bear said:
Sisu getting their hands on the Ricoh would have been a disaster.
Click to expand...

Those in the council who made the decision when looking at Wasps are doing then looking at the way out club is run. Unfortunately if you take them on in a debate you are on a hiding to nothing.
 
S

SkyBlueZack

Well-Known Member
Jan 19, 2013
1,843
765
163
rupert_bear said:
Sisu getting their hands on the Ricoh would have been a disaster.
Click to expand...

Yeah, it would have meant the football club we support would have a home. It would mean we wouldn't have a London rugby team competing with our cities rugby team. What a disaster that would have been.

*I am not for one moment saying SISU wouldn't charge us rent or try and mortgage it or any other thing that comes to mind.
 
Grendel

Grendel

Well-Known Member
Sep 19, 2011
87,312
42,196
813
dongonzalos said:
Those in the council who made the decision when looking at Wasps are doing then looking at the way out club is run. Unfortunately if you take them on in a debate you are on a hiding to nothing.
Click to expand...

Didn't you say they would use the asset to mortgage against to raise capital?
 
Bruce the Boot

Bruce the Boot

Well-Known Member
Jun 18, 2016
721
235
43
clint van damme said:
worse than another out of town hedge fund getting their hands on it with a 250 year lease?
Click to expand...

Thats not correct though is it . Wasps as a club have borrowed the money to fund Wasps Rugby . Sisu dont want to fund CCFC , they want it tobe self funding , Imagine the rent they would have charged CCFC for the pleasure of playing in the Sisu Arena .
 
Grendel

Grendel

Well-Known Member
Sep 19, 2011
87,312
42,196
813
Bruce the Boot said:
Thats not correct though is it . Wasps as a club have borrowed the money to fund Wasps Rugby . Sisu dont want to fund CCFC , they want it tobe self funding , Imagine the rent they would have charged CCFC for the pleasure of playing in the Sisu Arena .
Click to expand...

How much would that be then? How much to wasps pay Moonstone to play at the Moonstone Arena?
 
S

SkyBlueZack

Well-Known Member
Jan 19, 2013
1,843
765
163
Bruce the Boot said:
Thats not correct though is it . Wasps as a club have borrowed the money to fund Wasps Rugby . Sisu dont want to fund CCFC , they want it tobe self funding , Imagine the rent they would have charged CCFC for the pleasure of playing in the Sisu Arena .
Click to expand...

Surely if they have borrowed money to fund Wasps, then they too like SISU, are not funding the club? I would suggest Wasps reasons for moving to the Ricoh was for the stadium to provide extra money to enable Wasps to be self funding? So if that is right, what is the difference between Wasps and SISU?
 
clint van damme

clint van damme

Well-Known Member
May 3, 2015
42,487
59,733
313
Bruce the Boot said:
Thats not correct though is it . Wasps as a club have borrowed the money to fund Wasps Rugby . Sisu dont want to fund CCFC , they want it tobe self funding , Imagine the rent they would have charged CCFC for the pleasure of playing in the Sisu Arena .
Click to expand...
sisu owning the arena was a recoverable situation, there is no recovering from the current agreement for CCFC, but you know that.
 
  • Like
Reactions: montydon87
Bruce the Boot

Bruce the Boot

Well-Known Member
Jun 18, 2016
721
235
43
clint van damme said:
sisu owning the arena was a recoverable situation, there is no recovering from the current agreement for CCFC, but you know that.
Click to expand...

Sisu would have flogged the club , and sat back as landlords .................
 
  • Like
Reactions: cloughie
stupot07

stupot07

Well-Known Member
Mar 20, 2011
33,036
12,319
313
  • Like
Reactions: cloughie and SkyBlueZack
S

SkyBlueZack

Well-Known Member
Jan 19, 2013
1,843
765
163
Bruce the Boot said:
You mean you dont know ? , and Im debating with you .............................
Click to expand...

Answer with my full quote please. You say SISU don't want to fund the club but Wasps owners fund Wasps, yet they are using money they have borrowed which is secured against the stadium. Therefore no risk to the owner of Wasps. So the owner of Wasps, like SISU, is not funding the club.

The difference between the two is Wasps are more ruthless and competent as a hedge fund.
 
D

dongonzalos

Well-Known Member
Feb 13, 2012
19,363
2,179
113
SkyBlueZack said:
Answer with my full quote please. You say SISU don't want to fund the club but Wasps owners fund Wasps, yet they are using money they have borrowed which is secured against the stadium. Therefore no risk to the owner of Wasps. So the owner of Wasps, like SISU, is not funding the club.

The difference between the two is Wasps are more ruthless and competent as a hedge fund.
Click to expand...

Only difference between SISU and Wasps.
Wasps did the deal and continue to do business via charm.
 
  • Like
Reactions: Bruce the Boot
ceetee

ceetee

Well-Known Member
May 7, 2015
2,384
1,658
213
CV47
To get back to the OP, there's no chance of a fan owned club if the club is not breaking even.
Unless the fans have money to burn, sorry, invest
 
  • Like
Reactions: stupot07
Bruce the Boot

Bruce the Boot

Well-Known Member
Jun 18, 2016
721
235
43
SkyBlueZack said:
Answer with my full quote please. You say SISU don't want to fund the club but Wasps owners fund Wasps, yet they are using money they have borrowed which is secured against the stadium. Therefore no risk to the owner of Wasps. So the owner of Wasps, like SISU, is not funding the club.

The difference between the two is Wasps are more ruthless and competent as a hedge fund.
Click to expand...

Fekin hell.... Wasps fans = Happy ....................CCFC fans = proper fooked off.
 
D

dongonzalos

Well-Known Member
Feb 13, 2012
19,363
2,179
113
ceetee said:
To get back to the OP, there's no chance of a fan owned club if the club is not breaking even.
Unless the fans have money to burn, sorry, invest
Click to expand...

Correct. However something tells me SUSU are not attempting to get the club self sufficient so it can be a fan owned club
 
You must log in or register to reply here.

Users who are viewing this thread

Total: 2 (members: 0, guests: 2)
Top Bottom