Important Q: what did Joy Seppala want to get from a CET interview? (1 Viewer)

[withers]

She's steadfastly refused the media spotlight before, and, on the surface, this was an interview to say nothing except "we're here for the long haul".

Most fans seem to have taken this at face value, with either talk of accepting that we need to think of CCFC's future with SISU/Otium at the helm or abandoning interest in favour of a/the Phoenix Club.

But it's also possible that there is pressure on her - from investors, from people doing the figures at the club - to salvage something from this mess. That maybe the paucity in numbers of fans going to Sixfields is presenting them with problems (in terms of the club's ongoing financial viability). That maybe a change of tack if needed at the top, a charm offensive to win over more fans. Maybe there was more riding on Tim Fisher's prediction that the fanbase would return after a three matches.

(Or maybe I'm just being hopeful?)

 

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[covcity4life]

NOPM IS TOTTALY WORKING

SISU ARE DONE FOR

lulz

 

[Deleted member 5849]

Frankly if there were pressure from investors, she wouldn't have been so blunt about her position re: the Ricoh.

Would have been easy to serve up a few vague platitudes about open to the right deal etc. To close off any discussion about a rental deal doesn't look like someone under pressure to force a result to me.

 

[The Bear]

I think it is a combination of the upcoming new stadium plans, Les Reid asking her, lower than expected Dixfields numbers, NOPM/KCIC niggling away and an understanding that SISUetc. have been out-PRed by ACL/CCC.

I actually think that Waggot, McFarlane & Fisher are doing a good job of running certain aspect of the club – and let's face it, compared to the parade of clowns that have mostly been involved since the 90's, it's not that hard – but TF has made a total arse of presenting a lot of the issues away from the playing side so time to bring in the big guns..?

 

[kingharvest]

Personally i think Tim Fisher has been trying to nudge her towards engaging for a while now - this is possibly where some of the pressure has come from.

 

[chiefdave]

Frankly if there were pressure from investors, she wouldn't have been so blunt about her position re: the Ricoh.

I would query how much the investors actually know. Can you imagine anyone looking at this mess and the millions that have supposedly been invested by SISU with no return and think things are going well and be happy with the use of their money?

 

[oldskyblue58]

I wonder if many of the investors are in this country..... if not then they will be relying on SISU fund reports not the local Coventry paper and forums. If CCFC project is a small part of a large fund will they really know or care if overall they are getting a decent return?

 

[Deleted member 5849]

I wonder if many of the investors are in this country..... if not then they will be relying on SISU fund reports not the local Coventry paper and forums. If CCFC project is a small part of a large fund will they really know or care if overall they are getting a decent return?

Probably not.

And it's not like SISU do anything unusual in terms of what they do as an investment fund. Some speculations work, some don't after all.

interesting that she chooses to draw a distinction between her hedge fund(s) and private equity fund(s) however. perhaps they need to be referred to as 'mayfair based private equity fund' from now on

 

[Hobo]

Important Q: what did Joy Seppala want to get from a CET interview?

Her picture finally in the local newspaper? Damn you Les Reid!

 

[ecky]

She's steadfastly refused the media spotlight before, and, on the surface, this was an interview to say nothing except "we're here for the long haul".

Most fans seem to have taken this at face value, with either talk of accepting that we need to think of CCFC's future with SISU/Otium at the helm or abandoning interest in favour of a/the Phoenix Club.

But it's also possible that there is pressure on her - from investors, from people doing the figures at the club - to salvage something from this mess. That maybe the paucity in numbers of fans going to Sixfields is presenting them with problems (in terms of the club's ongoing financial viability). That maybe a change of tack if needed at the top, a charm offensive to win over more fans. Maybe there was more riding on Tim Fisher's prediction that the fanbase would return after a three matches.

(Or maybe I'm just being hopeful?)

Thats why the ticket office are giving tickets away to attract a new fan base in northampton, and selling them for £9 for cov fans desperate times indeed for joyless and her followers to sickfields

 

[Cheshire Sky Blue]

She's steadfastly refused the media spotlight before, and, on the surface, this was an interview to say nothing except "we're here for the long haul".

Most fans seem to have taken this at face value, with either talk of accepting that we need to think of CCFC's future with SISU/Otium at the helm or abandoning interest in favour of a/the Phoenix Club.

But it's also possible that there is pressure on her - from investors, from people doing the figures at the club - to salvage something from this mess. That maybe the paucity in numbers of fans going to Sixfields is presenting them with problems (in terms of the club's ongoing financial viability). That maybe a change of tack if needed at the top, a charm offensive to win over more fans. Maybe there was more riding on Tim Fisher's prediction that the fanbase would return after a three matches.

(Or maybe I'm just being hopeful?)

I think that there are a number of reasons why JS choose now to step out of the Shadow of SISU towers.
1) She is trying a pre-emptive strike to increase concern within CCC and ACL, that they are not in control of the situation. My guess this is to try and soften the resolve they may have ahead of any potential discussions about a return to the RICOH.
2) She is under pressure, no one is naive enough to think that a fund with definitive resources can tolerate making substantial losses over a protracted period. She needs to stem the flow of the losses or her clients will abandon her.
3) She is trying to shift blame for this situation over to CCC/ ACL. Again few will be naïve enough, to go with that, but she will of course have to try.
4) She will be trying to condition the environment ahead of the judicial review, this will be in a hope of presenting a different view to the new Judge in a hope he will have a completely different conclusion to the first.
5) She will be very aware that the image of SISU and specifically her is being damaged by the events, and she will be trying to repair some of that
6) The Liquidation of CCFC will be confirmed shortly. She will be trying to again condition the environment to reduce the risk of the courts asking for a forensic investigation by other third parties. Something that might reveal other issues she would prefer not to be revealed
7) She will also be trying hard to get those fans that are on the edge of refusing to go to Northampton. She will have hoped that this might persuade some to trust her
8) Her ego will have been damaged, she will try every Psychological trick to reinstate her previous position (Which was in her own head, I speculate that most other think she’s a div’)
9) She may be on the verge of losing everything and this being the most monumental cockup of her career.:claping hands:

 

[theferret]

I think that there are a number of reasons why JS choose now to step out of the Shadow of SISU towers.
1) She is trying a pre-emptive strike to increase concern within CCC and ACL, that they are not in control of the situation. My guess this is to try and soften the resolve they may have ahead of any potential discussions about a return to the RICOH.
2) She is under pressure, no one is naive enough to think that a fund with definitive resources can tolerate making substantial losses over a protracted period. She needs to stem the flow of the losses or her clients will abandon her.
3) She is trying to shift blame for this situation over to CCC/ ACL. Again few will be naïve enough, to go with that, but she will of course have to try.
4) She will be trying to condition the environment ahead of the judicial review, this will be in a hope of presenting a different view to the new Judge in a hope he will have a completely different conclusion to the first.
5) She will be very aware that the image of SISU and specifically her is being damaged by the events, and she will be trying to repair some of that
6) The Liquidation of CCFC will be confirmed shortly. She will be trying to again condition the environment to reduce the risk of the courts asking for a forensic investigation by other third parties. Something that might reveal other issues she would prefer not to be revealed
7) She will also be trying hard to get those fans that are on the edge of refusing to go to Northampton. She will have hoped that this might persuade some to trust her
8) Her ego will have been damaged, she will try every Psychological trick to reinstate her previous position (Which was in her own head, I speculate that most other think she’s a div’)
9) She may be on the verge of losing everything and this being the most monumental cockup of her career.:claping hands:

If 2 out of 9 are correct you'll be doing well.

 

[Steve.B50]

I think that there are a number of reasons why JS choose now to step out of the Shadow of SISU towers.
1) She is trying a pre-emptive strike to increase concern within CCC and ACL, that they are not in control of the situation. My guess this is to try and soften the resolve they may have ahead of any potential discussions about a return to the RICOH.
2) She is under pressure, no one is naive enough to think that a fund with definitive resources can tolerate making substantial losses over a protracted period. She needs to stem the flow of the losses or her clients will abandon her.
3) She is trying to shift blame for this situation over to CCC/ ACL. Again few will be naïve enough, to go with that, but she will of course have to try.
4) She will be trying to condition the environment ahead of the judicial review, this will be in a hope of presenting a different view to the new Judge in a hope he will have a completely different conclusion to the first.
5) She will be very aware that the image of SISU and specifically her is being damaged by the events, and she will be trying to repair some of that
6) The Liquidation of CCFC will be confirmed shortly. She will be trying to again condition the environment to reduce the risk of the courts asking for a forensic investigation by other third parties. Something that might reveal other issues she would prefer not to be revealed
7) She will also be trying hard to get those fans that are on the edge of refusing to go to Northampton. She will have hoped that this might persuade some to trust her
8) Her ego will have been damaged, she will try every Psychological trick to reinstate her previous position (Which was in her own head, I speculate that most other think she’s a div’)
9) She may be on the verge of losing everything and this being the most monumental cockup of her career.:claping hands:

You are probably correct on some of these points.

 

[Cheshire Sky Blue]

If 2 out of 9 are correct you'll be doing well.

Possibly, which two, and what others do you have?

 

[Cheshire Sky Blue]

You are probably correct on done of these points.

Possibly, but which done?

 

[theferret]

Possibly, which two, and what others do you have?

Point 1 is a fair assumption, as is point 7. Not sure about the rest, and I doubt she believes a local newspaper interview will have any influence on a judge (point 4). As for point 3, they have tried to pin the blame on ACL from day 1, so I doubt that was a motivation for the interview.

Just my opinion, and it's all speculation, and you may well be right on a couple of the other points. Who knows.

 

[SonOfSnoz]

Funding for new stadium?
More fans at Northampton?
Some positive spin?

 

[Cheshire Sky Blue]

Point 1 is a fair assumption, as is point 7. Not sure about the rest, and I doubt she believes a local newspaper interview will have any influence on a judge (point 4). As for point 3, they have tried to pin the blame on ACL from day 1, so I doubt that was a motivation for the interview.

Just my opinion, and it's all speculation, and you may well be right on a couple of the other points. Who knows.

Yep I guess you could be right. the problem is its all conjecture. and that is all the article leaves us with,

 

[Godiva]

I wonder if many of the investors are in this country..... if not then they will be relying on SISU fund reports not the local Coventry paper and forums. If CCFC project is a small part of a large fund will they really know or care if overall they are getting a decent return?

Can I ask how the loans will appear in the funds reports?

As the money is not injected as share capital and the loans (at least the original loans) were not carrying interest and had no repayment plan attached, then I would think the loans would stand at full value in the funds report.
If so, the investors will have no losses to get upset about.

 

[thaiskyblue]

Can I ask how the loans will appear in the funds reports?

As the money is not injected as share capital and the loans (at least the original loans) were not carrying interest and had no repayment plan attached, then I would think the loans would stand at full value in the funds report.
If so, the investors will have no losses to get upset about.

if it was your cash i don't think you'd be too hp.

 

[Godiva]

if it was your cash i don't think you'd be too hp.

If it was my cash I would probably live in the Caribbean, know nothing about footbal, would never have heard of a place called Coventry. I would only be concerned about the bottom line on the funds report and if it's a bit too early for my first Mai Tai.

 

[oldskyblue58]

Can I ask how the loans will appear in the funds reports?

As the money is not injected as share capital and the loans (at least the original loans) were not carrying interest and had no repayment plan attached, then I would think the loans would stand at full value in the funds report.
If so, the investors will have no losses to get upset about.

Going to depend on the prospects for recovery Godiva. Kind of like with a bank, they would have to make provisions against the value if they dont think it is all recoverable.

 

[Godiva]

Going to depend on the prospects for recovery Godiva. Kind of like with a bank, they would have to make provisions against the value if they dont think it is all recoverable.

And this is where there's room for 'interpretation' I guess.
They will probably be more prone to do write downs if other projects delivers a profit and vice versa?

My point is - it's not really unthinkable that the investors know very little about their investments in ccfc.

 

[Danceswithhorses]

My point is - it's not really unthinkable that the investors know very little about their investments in ccfc.

Yes its more that likely that Joy will be 'economical with the truth' with her/SISU's investors...