How Serious Is Serious Investment ? (1 Viewer)

[les_miserables]

Statement made a number of times by Joe Elliott when talking about these new investors waiting in the wings, but what do we the supporters see as serious ?, Is it spending millions on the team, Man City/Cheslski style, is it being able to compete toe to toe at our current level with the Likes of Ipswich, West Ham, Leicester in player recruitment, is it buying back the Ricoh, or atleast half, although i don't see what difference that makes short term, i see it as an objective but not the most important, thats the team on the pitch for me.

 

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[Macca]

I was going to ask this yesterday. We are 6 players from mid table and a whole team from top 6. We also need to get hold of at least part of the stadium and continue to cover weekly losses.

Its a good few quid required and not some Micky Mouse job.

I'd like to think it was big money but probably more of a rescue plan.

 

[sparky]

id be quite happy with them coming in buying half the staduim,improving our team but running it within a budget so we dont end up in the same debt situation as we are now in years to come! id look at stoke as a prime example of a well run club

 

[kg82]

I'd just like a team that could actually be competetive in this league. It would be nice after so long of doing absolutely nothing.

 

[les_miserables]

I was going to ask this yesterday. We are 6 players from mid table and a whole team from top 6. We also need to get hold of at least part of the stadium and continue to cover weekly losses.

Its a good few quid required and not some Micky Mouse job.

I'd like to think it was big money but probably more of a rescue plan.

Can't agree with your statement of being a "whole" team from being a top 6 side. Are you saying none of ours would get into those top 6 clubs, whoever they are. I think we a nearer than you think, defence is okay and 3 or 4 quality additions to the midfield and forwardline would make a massive difference

 

[Macca]

If you are talking about maintaining a top 6 side and having strength in depth to cover injuries then I would say we would maybe need to sign 11 players. That was more what I meant by buying a whole team.

We have one or two decent players but you only have to read other fans forums to see what low esteem our side is held in by neutrals.

What I am saying is this situation is not going to be resolved by visiting payday loans.com, its a serious job financially

 

[torchomatic]

And the money needs to be spent right, which is just as important as having the money in the first place. I know it's early days, but look at Leicester's £10M spend. Not exactly going well, is it?

Thorn has shown that he can unearth diamonds from the lower leagues. I trust him to carry on in the same vein. Yes, it would be nice to have a well-known name player, but at the moment, I'd take any new blood.

 

[Sir Digby Chicken Caesar]

It seems all that came out of yesterday's meeting was “...a frank exchange of views."

Disappointing really. Nevermind PUSB!!!

 

[Disenchanted]

any idea who they are? did no one see them arrive or leave? no one see Hoffman and a n others at Corley services or in Nando's? my money's on Souness and Keys

 

[torchomatic]

Jesus! Souness and the man with the smallest mouth in the word, Richard Keys. Frying pan, fire, etc.

 

[Sir Digby Chicken Caesar]

any idea who they are? did no one see them arrive or leave? no one see Hoffman and a n others at Corley services or in Nando's? my money's on Souness and Keys

"CHAIRMAN Ken Dulieu claims he was "surprised and disappointed" that Gary Hoffman failed to bring his potential investors to crunch talks over a possible Coventry City takeover."

Seems like there was no one there to see.

 

[CovLis86]

Potential SISU bullshit. someone is lying, and on past experience, I will go with SISU spinning yet another lie. Theyve been caught out before. Really what we need now is Keys or whoever is one of the bigger faces of the consortium, to come out in the media and lay the cards on the table. Say they have been there for the meetings,made serious offers etc and SISU are lying out of their asses. Then at least something serious can be done in terms of protests to force the deal through, or just to get rid of SISU. Whichever is easier because for me, the longer this cancer are at our club, the harder its going to be for us to recover.

 

[oldskyblue58]

Serious investment..................... or should we call it "the right" investment...... because you cannot argue that SISU funds investment was not serious but you can that it was not "right"

in the context of CCFC the investment needs to do the following
- take out SISU's control of the club - that does not necessarily have to mean that SISU are repaid £30m or are even repaid any of it now. I can think of ways where SISU remain providing loans but do not own 51% of the shares (thats under company law simple control of a company)
- provide a transfer fund - the squad needs additions to it everyone knows that, it could be purchase but it could be loans but it doesnt need to be massive amounts AT could do a lot of good with even just £2m
- provide funds to invest in ACL - the immediate thing is to secure the Higgs trust shares in ACL even if it does not increase income for CCFC. But that purchase is no good unless there are two other conditions (a) a plan to fund the purchase of the other 50% (including the ability to do so) (b) an adherence to getting the books in order and eliminating the losses because the council wont look at a sale until this is the case
- provide for a number of years the funding to cover losses whilst CCFC put in order. - we can buy new players but they need paying and as it stands that will only increase losses. That creates cashflow difficulties and any new investor needs to cover that (as SISU have had to). This is the part of the GH offer we have heard nothing about and that concerns me, because they will face the same problems as SISU and have the same choices available

Personally if any investor is confident the deal is a good one, that it will work, that they know the best way to go forward with success then I think that the investment should be put in as an increase in the share capital of the company because it is then no longer a loan/creditor but an investment. The effect is to improve the strength of our balance sheet and leave the club financially better rated. Will any new investor do that - probably not - but if they are truly serious about the future and well being of the club they would (anything else means they are more serious about the money they have)

PUSB