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  • Thread starter TurkeyTrot
  • Start date Mar 27, 2013
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mattylad

Member
  • Mar 27, 2013
  • #36
Sky Blue Pete said:
Question 26 the big interest for me!! 45m to 60m how?? Other interesting answers nothing giving rise to delaying their publication
Click to expand...
We need to wait and see what is said in the admin report regards amount owed and to whom..it is possible that the amount had been technically written off due to the age of the debt but that SISU were still expecting to show this as a recovery at a later point say if we got promoted to the premiership.
 
A

Ashdown1

New Member
  • Mar 27, 2013
  • #37
theferret said:
..and as for £4 for every spectator over 16K in the PL, you've got to be fucking kidding me?

Not content then with the massive boost it would give to the local area from having a PL football club (just listen to what Swansea council have said recently about the massive boost in investment since the Swans achieved PL status), they would also seek to eek more money out of the football club by levying a surcharge on match tickets.

Overall, ACL answered their questions honestly and with clarity, far more so than SISU, but there are a couple of things that come out of the answers provided that reflect badly on ACL imo. Cue shouts of SISU-apologist.
Click to expand...

I think its fair to say that ACL have wanted their pound of flesh out of this all along, maybe got a little greedy but they wouldn't be the first in football and their main point of response which is fair is that even without their rather expensive charges the club was being run like Greece anyway. There's a lot of dirty fingers in pies and a lot of lies but without doubt the bulk of the incompetence lies with the scandalous owners of the club itself. To ACL's credit when push came to shove they bent over backwards to reduce all charges by 60 plus %.............................and I'm still both intrigued by last years £12 million administration charge in our accounts and the again mysterious £15 million extra debt that has just appeared out of the fog !!
 
Last edited: Mar 27, 2013
B

Brighton Sky Blue

Well-Known Member
  • Mar 27, 2013
  • #38
Paxman II said:
No I agree. You have to read it all carefully. ACL are squeezing the life blood from the football club even after the football club came knocking at the door to find a way forward. ACL just see themselves as a stadium company and the football club another renter believing they don't need the football club. I just don't think they are as bright as SISU in all this.
Outright refusal to allow a mediator is not good by ACL.
Click to expand...

Don't even know where to start with how much nonsense is contained in this post.
 
J

Jack Griffin

Guest
  • Mar 27, 2013
  • #39
Brighton Sky Blue said:
So the picture becomes clear-Fisher only ever had authority to agree to a deal if it meant the club could achieve a break even position next season. That being because SISU had no intention of funding losses any longer.
Click to expand...

Did he ever mention this to ACL?
 

mattylad

Member
  • Mar 27, 2013
  • #40
Jack Griffin said:
Did he ever mention this to ACL?
Click to expand...

I am guessing they did which is how the whole CCFC liquidation process came in to play
 

Paxman II

Well-Known Member
  • Mar 27, 2013
  • #41
Ashdown1:
Does it matter where or how the money you mention is or has gone? It's all paperwork by clever accounting for the most part and no way can ACL assume they are more knowledgeable in all this. They are not.
What needed to be understood by ACL and for me they simply won't get it - is any football club can not be sustainable at the Ricoh under the current conditions of tenancy. They wish to drip feed bits back to the football under duress it would appear to benefit themselves. I can't say that's wrong but it brings me to the reason why CCC formed this 'middle company' in the first place that have to make profit to exist like any company but they too long term are surely not sustainable under the current conditions.
 
B

Brighton Sky Blue

Well-Known Member
  • Mar 27, 2013
  • #42
Jack Griffin said:
Did he ever mention this to ACL?
Click to expand...

Would I be giving him too much credit to assume he would've done?
 
S

SkyBlueCharlie

Well-Known Member
  • Mar 27, 2013
  • #43
"29: Can ACL and the Ricoh survive without CCFC?
ACL: This is not what we want – but yes we can. We have detailed business plans supporting this. ACL is a solvent and successful business. Our accounts, which have been lodged with Companies House demonstrates this.
CCFC: I personally doubt it – our analysis of the ACL business show the company’s business model to be very challenging without the club and possibly require further cash injections from the Council. Without the revenue currently received from CCFC the council will be called on for more money to prop up a failing business in the future."

Nice little dig there, hey?
 

coundonskyblue

New Member
  • Mar 27, 2013
  • #44
<p>
SkyBlueCharlie said:
<b>&quot;29: Can ACL and the Ricoh survive without CCFC?</b></p>
<p> ACL: This is not what we want – but yes we can. We have detailed business plans supporting this. ACL is a solvent and successful business. <b>Our accounts, which have been lodged with Companies House demonstrates this.</b></p>
<p> CCFC: I personally doubt it – our analysis of the ACL business show the company’s business model to be very challenging without the club and possibly require further cash injections from the Council. Without the revenue currently received from CCFC the council will be called on for more money to prop up a failing business in the future.&quot;</p>
<p>&nbsp;</p>
<p>Nice little dig there, hey?
Click to expand...

Why would ccfc want a share of a failing business?

Also, if acl are a failing business, does it not support their claim that the physically can't offer anymore?
 

Mary_Mungo_Midge

Well-Known Member
  • Mar 27, 2013
  • #45
SkyBlueCharlie said:
"29: Can ACL and the Ricoh survive without CCFC?
ACL: This is not what we want – but yes we can. We have detailed business plans supporting this. ACL is a solvent and successful business. Our accounts, which have been lodged with Companies House demonstrates this.
CCFC: I personally doubt it – our analysis of the ACL business show the company’s business model to be very challenging without the club and possibly require further cash injections from the Council. Without the revenue currently received from CCFC the council will be called on for more money to prop up a failing business in the future."

Nice little dig there, hey?
Click to expand...

Yes. As I posted yesterday, the utterances of an antagonistic amateur. Let's be candid, he's answered with 'I don't know' to many points he should - given his position - be able to answer either directly, or with mild investogative endeavour: but not used the same disclaimer in response to the question for which it's use seems most appropriate
 
N

Noggin

New Member
  • Mar 27, 2013
  • #46
So Tim Fisher could only agree a deal if it lead to break even point, playing for free at the Richoh isn't enough to make the club break even, so it follows no deal could possibly have been reached.
 
T

theferret

Well-Known Member
  • Mar 27, 2013
  • #47
Mary_Mungo_Midge said:
Yes. As I posted yesterday, the utterances of an antagonistic amateur. Let's be candid, he's answered with 'I don't know' to many points he should - given his position - be able to answer either directly, or with mild investogative endeavour: but not used the same disclaimer in response to the question for which it's use seems most appropriate
Click to expand...

How was this interview conducted out of interest? Did they have time to prepare answers (in which case there is no excuse for a 'don't know'), or was it an off-the-cuff interview? It seems to me they were written responses, but could be wrong.
 
T

theferret

Well-Known Member
  • Mar 27, 2013
  • #48
Noggin said:
So Tim Fisher could only agree a deal if it lead to break even point, playing for free at the Richoh isn't enough to make the club break even, so it follows no deal could possibly have been reached.
Click to expand...

I suppose it depends whether you believed Fisher when he said gates of 11K are our break-even point.
 
J

Jack Griffin

Guest
  • Mar 27, 2013
  • #49
I think this answer is very revealing also.

29: Can ACL and the Ricoh survive without CCFC?
ACL: This is not what we want – but yes we can. We have detailed business plans supporting this. ACL is a solvent and successful business. Our accounts, which have been lodged with Companies House demonstrates this.
CCFC: I personally doubt it – our analysis of the ACL business show the company’s business model to be very challenging without the club and possibly require further cash injections from the Council. Without the revenue currently received from CCFC the council will be called on for more money to prop up a failing business in the future.
Click to expand...

There's already been lots of debate/disagreements about the validity of the highlighted part on this forum, it doesn't do to any good to go over them again, but what it shows is that SISU used the leverage they found very well.

If both can't survive together there is no realistic future, but as me (& many of us have been saying), the 2 parties need to find a way where they can both manage.
 
T

thegameaintstraight

New Member
  • Mar 27, 2013
  • #50
theferret said:
How was this interview conducted out of interest? Did they have time to prepare answers (in which case there is no excuse for a 'don't know'), or was it an off-the-cuff interview? It seems to me they were written responses, but could be wrong.
Click to expand...

If you want the truth dont ask too many questions.
 

Mary_Mungo_Midge

Well-Known Member
  • Mar 27, 2013
  • #51
theferret said:
How was this interview conducted out of interest? Did they have time to prepare answers (in which case there is no excuse for a 'don't know'), or was it an off-the-cuff interview? It seems to me they were written responses, but could be wrong.
Click to expand...

This I don't know dear chap. However, with preparation, such a lack of knowledge is unforgivable. Or disingenuous. Even if more ad hoc, being frank I wouldn't consider myself sufficiently well prepared to negotiate on issues of such criticality without being able to summon such facts accurately and immediately. And Fisher should share the same mindset.

Either way, therefore, to me it's a poor show
 
D

dadgad

Well-Known Member
  • Mar 27, 2013
  • #52
Paxman II said:
No I agree. You have to read it all carefully. ACL are squeezing the life blood from the football club even after the football club came knocking at the door to find a way forward. ACL just see themselves as a stadium company and the football club another renter believing they don't need the football club. I just don't think they are as bright as SISU in all this.
Outright refusal to allow a mediator is not good by ACL.
Click to expand...

Oh dear! x 60 million times.
I suppose at the end of the day people will see what they want to see.
ACL could always install a specsavers on the concourse, why not?
 
T

theferret

Well-Known Member
  • Mar 27, 2013
  • #53
thegameaintstraight said:
If you want the truth dont ask too many questions.
Click to expand...

Is that meant to be profound or are you just a little weird?

Weird is good though.
 

stupot07

Well-Known Member
  • Mar 27, 2013
  • #54
Mary_Mungo_Midge said:
This I don't know dear chap. However, with preparation, such a lack of knowledge is unforgivable. Or disingenuous. Even if more ad hoc, being frank I wouldn't consider myself sufficiently well prepared to negotiate on issues of such criticality without being able to summon such facts accurately and immediately. And Fisher should share the same mindset.

Either way, therefore, to me it's a poor show
Click to expand...

To be fair, it is quite feasible if there is no audit trail for someone not to have all of the facts. Better to say you don't know than to try and make up some bs story.
 
L

LoyalSupporters

New Member
  • Mar 27, 2013
  • #55
theferret said:
It that meant to be profound or are you just a little weird?

Weird is good though.
Click to expand...

Parrrr :facepalm:
 
T

theferret

Well-Known Member
  • Mar 27, 2013
  • #56
LoyalSupporters said:
Parrrr :facepalm:
Click to expand...

It that meant to be profound or are you just a little weird?

Weird is good though.
 
E

elephanttears

New Member
  • Mar 27, 2013
  • #57
coundonskyblue said:
<p>

Why would ccfc want a share of a failing business?

Also, if acl are a failing business, does it not support their claim that the physically can't offer anymore?
Click to expand...

They didn't say acl was a failing business, just that it would be without CCFC at the Ricoh.
 
B

Brighton Sky Blue

Well-Known Member
  • Mar 27, 2013
  • #58
SkyBlueCharlie said:
"29: Can ACL and the Ricoh survive without CCFC?
ACL: This is not what we want – but yes we can. We have detailed business plans supporting this. ACL is a solvent and successful business. Our accounts, which have been lodged with Companies House demonstrates this.
CCFC: I personally doubt it – our analysis of the ACL business show the company’s business model to be very challenging without the club and possibly require further cash injections from the Council. Without the revenue currently received from CCFC the council will be called on for more money to prop up a failing business in the future."

Nice little dig there, hey?
Click to expand...

Not really as it's just telling you where to find the information if you want it.
 

Mary_Mungo_Midge

Well-Known Member
  • Mar 27, 2013
  • #59
stupot07 said:
To be fair, it is quite feasible if there is no audit trail for someone not to have all of the facts. Better to say you don't know than to try and make up some bs story.
Click to expand...

Okay. One small example. He was asked if anyone had approached the ACL ahead of April 2012 with regards a rent reduction or change of term. By that time, SISU was in it's fourth year at the club. You're happy he didn't know if any of his predecessors, sharing the same employer and string-puller had ever spoken to the ACL about this issue which he latterly claims is of sufficient magnitude as to threaten the very existence of the club?
 

sky blue john

Well-Known Member
  • Mar 27, 2013
  • #60
I can't believe that even now further information coming out we still have people defending Sisu !!!
 

stupot07

Well-Known Member
  • Mar 27, 2013
  • #61
Mary_Mungo_Midge said:
Okay. One small example. He was asked if anyone had approached the ACL ahead of April 2012 with regards a rent reduction or change of term. By that time, SISU was in it's fourth year at the club. You're happy he didn't know if any of his predecessors, sharing the same employer and string-puller had ever spoken to the ACL about this issue which he latterly claims is of sufficient magnitude as to threaten the very existence of the club?
Click to expand...

The question was ccfc not necessarily just the Sisu years. He might know that during the Sisu years this has never been done, but prior to that he may not know whether Robinson et al had done so or not.
 
L

LoyalSupporters

New Member
  • Mar 27, 2013
  • #62
theferret said:
It that meant to be profound or are you just a little weird?

Weird is good though.
Click to expand...

Yep definately profound.
 

Mary_Mungo_Midge

Well-Known Member
  • Mar 27, 2013
  • #63
stupot07 said:
The question was ccfc not necessarily just the Sisu years. He might know that during the Sisu years this has never been done, but prior to that he may not know whether Robinson et al had done so or not.
Click to expand...

I'm aware of that. But THE SISU relevant history should have been there in a full splendid chronology for him to recite. Or did he not want to explain that SISU have never challenged this point of pronounced criticality before?

And if that's the case I refer my learned friend to my earlier comments with regards disingenuous behaviour
 
Last edited: Mar 27, 2013

stupot07

Well-Known Member
  • Mar 27, 2013
  • #64
Mary_Mungo_Midge said:
I'm aware of that. But THE SISU relevant history should have been there in a full splendid chronology for him to recite
Click to expand...

But the question doesn't say "during sisu's reign have you approached ACL prior to April 2012' - perhaps the SBT should have been more explicit with that question?
 

Sky Blue Pete

Well-Known Member
  • Mar 27, 2013
  • #65
sky blue john said:
I can't believe that even now further information coming out we still have people defending Sisu !!!
Click to expand...

I don't think there are many if any who are defending sisu per se. What people are saying Grendel, Godiva, torch are that acl have made money out of the club and meant we have ended up at this stage. There is truth in this especially in the last year but and it's big you don't just decide you can't pay it and seemingly lie to your customers ie us!!
 

Mary_Mungo_Midge

Well-Known Member
  • Mar 27, 2013
  • #66
stupot07 said:
But the question doesn't say "during sisu's reign have you approached ACL prior to April 2012' - perhaps the SBT should have been more explicit with that question?
Click to expand...

If, after entering their fifth season with the club, they hadn't grasped the magnitude of this issue which us now sufficiently important to fold the club over, what would that infer about SISU's governance?

If they hadn't asked, how could the issue be as big as it's now being made out to be? If they had asked, Fisher would and should have explained that context without the question needing to be that specific. And let's be honest, he'd shout any such spurned requests from the rooftops. He can't have it both ways
 
Last edited: Mar 27, 2013

stupot07

Well-Known Member
  • Mar 27, 2013
  • #67
Mary_Mungo_Midge said:
If, after entering their fifth season with the club, they hadn't grasped the magnitude of this issue which us now sufficiently important to fold the club over, what would that infer about SISU's governance?
Click to expand...

We know their governance has been shit. Still doesnt mean that fisher should know the details of an approach that happened prior to Sisu.
 

mattylad

Member
  • Mar 27, 2013
  • #68
stupot07 said:
We know their governance has been shit. Still doesnt mean that fisher should know the details of an approach that happened prior to Sisu.
Click to expand...
Or even during the SISU tenure...who knows every enquiry that their predecessor made in their current role? (let alone predecessors) I certainly don't and I share the same management structure that they did.
 
A

Ashdown1

New Member
  • Mar 27, 2013
  • #69
Paxman II said:
Ashdown1:
Does it matter where or how the money you mention is or has gone? It's all paperwork by clever accounting for the most part and no way can ACL assume they are more knowledgeable in all this. They are not.
What needed to be understood by ACL and for me they simply won't get it - is any football club can not be sustainable at the Ricoh under the current conditions of tenancy. They wish to drip feed bits back to the football under duress it would appear to benefit themselves. I can't say that's wrong but it brings me to the reason why CCC formed this 'middle company' in the first place that have to make profit to exist like any company but they too long term are surely not sustainable under the current conditions.
Click to expand...

By God yes it does matter, I want the football club to be run in an open and transparent manner, I want to support a club without all the smoke and mirrors and deceit, offshore accounts and mysterious admin charges. Just remember that while you have a point about rent charges these only represent a contribution of 1/8 th of the annual losses.....................according to the hedge fund.
 

Mary_Mungo_Midge

Well-Known Member
  • Mar 27, 2013
  • #70
mattylad said:
Or even during the SISU tenure...who knows every enquiry that their predecessor made in their current role? (let alone predecessors) I certainly don't and I share the same management structure that they did.
Click to expand...

But we are told this issue is of such significance it's worth folding the club over, and Auntie Joy couldn't have filled him in with regards what's gone before? He with gave been negotiating blind?!
 
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