Non AMP
Sky Blues Talk
  • Home
  • Forums
  • Coventry City Football Club
  • Coventry City General Chat
This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

Investment on the Horizon? (4 Viewers)

  • Thread starter Malaka
  • Start date Nov 19, 2016
Forums New posts
Prev
  • 1
  • …
  • 42
  • 43
  • 44
  • 45
  • 46
  • …
  • 57
Next
First Prev 44 of 57 Next Last
D

Deleted member 4439

Guest
  • Dec 20, 2016
  • #1,506
Grendel said:
Highly unlikely

The club has one operating loan of £2 million from what I can see. It would have to have had a cash injection of circa £10 million to get that level of budget.

Furthermore they have signed 5 players only for this season - one ome, from Lincoln for a fee.
Click to expand...

T/O for 15-16 was in the region of 4m+, and player’s salaries are given as 2.5m (bearing in mind that TM was working with a ‘playing budget’ that includes all on-field costs in addition to player’s wages). Player salaries under FFP are 60% of T/O plus any injection (i.e. not simply 60% of T/O from income plus injection). Therefore a straightforward injection of 3m or so would bring you to 6m – won’t know this until we see the final year accounts.
 

oldskyblue58

CCFC Finance Director
  • Dec 20, 2016
  • #1,507
The SCMP doesn't include loans. An injection of capital has to be outright gift or the issue of shares for cash.

The SCMP includes more than players wages, it includes any agents fees, transfer fees in and out, all other employment costs. On the other side any incomes included are net of any direct costs.

Was TM managing the whole budget (which is a different one to the SCMP one) ..... thought that was MV overseen by fisher and Sisu

Bottom line is that the SCMP player budget is not a simple calculation of turnover x 60%, and it doesn't include loans
 
W

wingy

Well-Known Member
  • Dec 20, 2016
  • #1,508
oldskyblue58 said:
The SCMP doesn't include loans. An injection of capital has to be outright gift or the issue of shares for cash.

The SCMP includes more than players wages, it includes any agents fees, transfer fees in and out, all other employment costs. On the other side any incomes included are net of any direct costs.

Was TM managing the whole budget (which is a different one to the SCMP one) ..... thought that was MV overseen by fisher and Sisu

Bottom line is that the SCMP player budget is not a simple calculation of turnover x 60%, and it doesn't include loans
Click to expand...
Ours seems to sit at 40% for the last two or three years
What I find odd is that our club salaries appear around £2M more than Walsalls Yet I think they run a Cat2 as well, why such a disparity?
 
Reactions: Captain Dart and Sky Blue Kid
W

wingy

Well-Known Member
  • Dec 20, 2016
  • #1,509
wingy said:
Ours seems to sit at 40% for the last two or three years
What I find odd is that our club salaries appear around £2M more than Walsalls Yet I think they run a Cat2 as well, why such a disparity?
Click to expand...
Also if that injection last season hadn't been made were we exceeding SCMP,
Was that a loan or injection?
 

oldskyblue58

CCFC Finance Director
  • Dec 20, 2016
  • #1,510
wingy said:
Also if that injection last season hadn't been made were we exceeding SCMP,
Was that a loan or injection?
Click to expand...

Would seem we were certainly short of cash. However the short term loan would not rectify the SCMP. It was the sale of Madison and the actual cash received in the year to 31/05/16 that did that. The loan wouldn't count for SCMP
 

mrtrench

Well-Known Member
  • Dec 20, 2016
  • #1,511
wingy said:
Ours seems to sit at 40% for the last two or three years
What I find odd is that our club salaries appear around £2M more than Walsalls Yet I think they run a Cat2 as well, why such a disparity?
Click to expand...

I don't believe those numbers in the accounts come close to the salaries of the team, a few coaches and backroom staff - we must be paying a big chunk somewhere else in "salaries" . Otherwise, as you say, it doesn't add up. The club breaks even; even after paying £x for consultancy is my guess.
 
Reactions: singers_pore, georgehudson and wingy

Grendel

Well-Known Member
  • Dec 20, 2016
  • #1,512
dubed said:
T/O for 15-16 was in the region of 4m+, and player’s salaries are given as 2.5m (bearing in mind that TM was working with a ‘playing budget’ that includes all on-field costs in addition to player’s wages). Player salaries under FFP are 60% of T/O plus any injection (i.e. not simply 60% of T/O from income plus injection). Therefore a straightforward injection of 3m or so would bring you to 6m – won’t know this until we see the final year accounts.
Click to expand...

But I repeat they signed only 4 or 5 players this summer....
 
W

wingy

Well-Known Member
  • Dec 20, 2016
  • #1,513
Just checked Walsalls is a Cat 3. :-/
 
D

Deleted member 4439

Guest
  • Dec 20, 2016
  • #1,514
Grendel said:
But I repeat they signed only 4 or 5 players this summer....
Click to expand...

Agree it wouldn't seem to account for the difference, and as I said was simply a claim on Talksport. Would say they've a healthier budget than ccfc, however.
 

the rumpo kid

Well-Known Member
  • Dec 20, 2016
  • #1,515
why don't we change the name of this thread , seeing as its now a month since the original post and theres been no investment buy out take over interest or any more posts from the first poster. I say lets change it to the bickering bastards thread:happy:
 
Reactions: wingy and MAFF
D

Deleted member 4439

Guest
  • Dec 20, 2016
  • #1,516
the rumpo kid said:
why don't we change the name of this thread , seeing as its now a month since the original post and theres been no investment buy out take over interest or any more posts from the first poster. I say lets change it to the bickering bastards thread:happy:
Click to expand...

You mean there's a thread on this forum that hasn't descended into bickering?
 

ccfcway

Well-Known Member
  • Dec 20, 2016
  • #1,517
the rumpo kid said:
why don't we change the name of this thread , seeing as its now a month since the original post and theres been no investment buy out take over interest or any more posts from the first poster. I say lets change it to the bickering bastards thread:happy:
Click to expand...

just change the forum to that and be done with it
 
Reactions: cloughie and Deleted member 4439

no_loyalty

Well-Known Member
  • Dec 20, 2016
  • #1,518
Sky Blue Kid said:
Eimear's date with £40m Joe
Last updated at 10:19 31 May 2005


Read more: http://www.dailymail.co.uk/columnists/article-350536/Eimears-date-40m-Joe.html#ixzz4TNiy4ONF
Follow us: @MailOnline on Twitter | DailyMail on Facebook

That's from nearly 13 years ago mate. He could have multiplied his net worth by 20x since then, or he could be broke.
Click to expand...

Probably the latter
the rumpo kid said:
why don't we change the name of this thread , seeing as its now a month since the original post and theres been no investment buy out take over interest or any more posts from the first poster. I say lets change it to the bickering bastards thread:happy:
Click to expand...

That's a bit hasty, the life coach Mark Sephton said we will get an announcement of the take over before Christmas, although he didn't say which year
 
Reactions: Sky Blue Kid
K

Kingokings204

Well-Known Member
  • Dec 20, 2016
  • #1,519
no_loyalty said:
Probably the latter


That's a bit hasty, the life coach Mark Sephton said we will get an announcement of the take over before Christmas, although he didn't say which year
Click to expand...

Mark septic is chatting shit like the rest. Deserves hounding out and calling him out on it. He hasn't been on twitter for 5 days.

To be fair he has 4 days to give us this takeover news. Then I will call him a twat
 
Reactions: clint van damme

no_loyalty

Well-Known Member
  • Dec 20, 2016
  • #1,520
Kingokings204 said:
Mark septic is chatting shit like the rest. Deserves hounding out and calling him out on it. He hasn't been on twitter for 5 days.

To be fair he has 4 days to give us this takeover news. Then I will call him a twat
Click to expand...

His address is on his website, so a personal visit might be in order, it wouldn't surprise me if he is Timmy's life coach
 

Irish Sky Blue

Well-Known Member
  • Dec 21, 2016
  • #1,521
Every day I come on here hoping to see a new thread titled "Sisu Gone." It is a bit like when we were at Northampton, I would be looking for the thread "Back to the Ricoh" which eventually happened. At the start of that season there were lots of rumours circulating saying that talks were taking place etc. I am sure there were even tweets from Connor Thomas' dad saying we were going home but still nothing seemed to happen. I hope this is the same sort of scenario where rumours circulate and eventually there is that glorious headline, "Sisu Gone".
 
Reactions: wingy, Captain Dart, Brylowes and 1 other person
R

rupert_bear

Well-Known Member
  • Dec 21, 2016
  • #1,522
I'd settle for Fisher has gone, he's the architect of all this. A new broom could make a big difference and convince Sepalla there's other ways.
 

Brylowes

Well-Known Member
  • Dec 21, 2016
  • #1,523
rupert_bear said:
I'd settle for Fisher has gone, he's the architect of all this. A new broom could make a big difference and convince Sepalla there's other ways.
Click to expand...
The new broom would still have the same hand controlling it, SISU have to go.
 
Reactions: georgehudson

AFCCOVENTRY

Well-Known Member
  • Dec 21, 2016
  • #1,524
Brylowes said:
The new broom would still have the same hand controlling it, SISU have to go.
Click to expand...

And only then can we appoint the new broom...
 
Reactions: cov soul

Captain Dart

Well-Known Member
  • Dec 21, 2016
  • #1,525
Irish Sky Blue said:
Every day I come on here hoping to see a new thread titled "Sisu Gone." It is a bit like when we were at Northampton, I would be looking for the thread "Back to the Ricoh" which eventually happened. At the start of that season there were lots of rumours circulating saying that talks were taking place etc. I am sure there were even tweets from Connor Thomas' dad saying we were going home but still nothing seemed to happen. I hope this is the same sort of scenario where rumours circulate and eventually there is that glorious headline, "Sisu Gone".
Click to expand...

With this appointment it looks like SISU remain till at least the end of season unfortunately.
Still he might well keep the club up if there is a reasonable budget.
Its sad this is what its come to, survival in Div 3 is the aim.
 

Grendel

Well-Known Member
  • Dec 21, 2016
  • #1,526
Captain Dart said:
With this appointment it looks like SISU remain till at least the end of season unfortunately.
Still he might well keep the club up if there is a reasonable budget.
Its sad this is what its come to, survival in Div 3 is the aim.
Click to expand...

Yep here is the first one
 
Reactions: torchomatic

torchomatic

Well-Known Member
  • Dec 21, 2016
  • #1,527
Captain Dart said:
With this appointment it looks like SISU remain till at least the end of season unfortunately.
Still he might well keep the club up if there is a reasonable budget.
Its sad this is what its come to, survival in Div 3 is the aim.
Click to expand...

Sad we are employing a very good manager with experience in the league we currently play in? Would you rather we hadn't employed anyone so you could hold on to your belief than SISU were going to suddenly just disappear?
 

Captain Dart

Well-Known Member
  • Dec 21, 2016
  • #1,528
torchomatic said:
Sad we are employing a very good manager with experience in the league we currently play in? Would you rather we hadn't employed anyone so you could hold on to your belief than SISU were going to suddenly just disappear?
Click to expand...

Never had the belief SISU were about to sell but it was an outside bet wasn't it, there were rumours and its a good appointment isn't it?
 

torchomatic

Well-Known Member
  • Dec 21, 2016
  • #1,529
Captain Dart said:
Never had the belief SISU were about to sell but it was an outside bet wasn't it, there were rumours and its a good appointment isn't it?
Click to expand...

Yes, it is a good appointment so no need to be "sad".
 

ccfcway

Well-Known Member
  • Dec 21, 2016
  • #1,530
Captain Dart said:
With this appointment it looks like SISU remain till at least the end of season unfortunately.
Still he might well keep the club up if there is a reasonable budget.
Its sad this is what its come to, survival in Div 3 is the aim.
Click to expand...

how is this appointment in any way bad or negative news ? We look to finally have man who knows league one, and will know how to work with a league one budget.

For one day, lets just be happy at something positive happening at ccfc.
 
Reactions: Iancro, B-Ban-Boogie, no_loyalty and 1 other person

covcity4life

Well-Known Member
  • Dec 21, 2016
  • #1,531
everytime i imagine him though i think of that bald guy who did the football league show on bbc
 

Captain Dart

Well-Known Member
  • Dec 21, 2016
  • #1,532
ccfcway said:
how is this appointment bad news ? We look to finally have man who knows league one, and will know how to work with a league one budget.
Click to expand...
Ambition being only survival in D3 is the problem, not the decent manager, I think he might save the club from relegation . Please read more carefully.
 

Captain Dart

Well-Known Member
  • Dec 21, 2016
  • #1,533
torchomatic said:
Yes, it is a good appointment so no need to be "sad".
Click to expand...
Sadness is mainly about the relegation situation not the appointment.
 
S

skybluesam66

Well-Known Member
  • Dec 21, 2016
  • #1,534
so Slade till June
if there was a new investor - what pay off do you think that would involve - not a lot
And if Malaka has real news, and not trying to Thai us in knots -then a 50k pay off would not be the make or break of the deal
In fact they may be happier having somebody in now to steady the ship
 

torchomatic

Well-Known Member
  • Dec 21, 2016
  • #1,535
Captain Dart said:
Sadness is mainly about the relegation situation not the appointment.
Click to expand...

Well, why not save that until we are relegated and not with half the season to go?
 
Reactions: Sterling Archer

Grendel

Well-Known Member
  • Dec 21, 2016
  • #1,536
Captain Dart said:
Ambition being only survival in D3 is the problem, not the decent manager, I think he might save the club from relegation . Please read more carefully.
Click to expand...

I think we can all read very well and know your true intention councillor.
 

torchomatic

Well-Known Member
  • Dec 21, 2016
  • #1,537
ccfcway said:
how is this appointment in any way bad or negative news ? We look to finally have man who knows league one, and will know how to work with a league one budget.

For one day, lets just be happy at something positive happening at ccfc.
Click to expand...

Anything positive is bad news for some on here unfortunately.
 
Reactions: ccfcway
R

rupert_bear

Well-Known Member
  • Dec 21, 2016
  • #1,538
WE just need to survive and by the end of January we'll have a good idea if we can, virtually halfway through the season now and I've seen nothing to frighten me teamwise other than us.
 

covcity4life

Well-Known Member
  • Dec 21, 2016
  • #1,539
rupert_bear said:
WE just need to survive and by the end of January we'll have a good idea if we can, virtually halfway through the season now and I've seen nothing to frighten me teamwise other than us.
Click to expand...
great point

under mowbray we contested every game

under venus and utter shite we nearly drew with sheff utd who went top

we can go on a run with a good manager and some choice signings
 

matesx

Well-Known Member
  • Dec 21, 2016
  • #1,540
under mowbray we contested every game


.... did we?
 
Prev
  • 1
  • …
  • 42
  • 43
  • 44
  • 45
  • 46
  • …
  • 57
Next
First Prev 44 of 57 Next Last
You must log in or register to reply here.

Users who are viewing this thread

Total: 5 (members: 0, guests: 5)
Share:
Facebook Twitter Reddit Pinterest Tumblr WhatsApp Email
  • Home
  • Forums
  • Coventry City Football Club
  • Coventry City General Chat
  • Default Style
  • Contact us
  • Terms and rules
  • Privacy policy
  • Help
  • Home
Community platform by XenForo® © 2010-2021 XenForo Ltd.
Menu
Log in

Register

  • Home
  • Forums
    • New posts
    • Search forums
  • What's new
    • New posts
    • Latest activity
  • Members
    • Current visitors
  • Donate to the Season Ticket Fund
X

Privacy & Transparency

We use cookies and similar technologies for the following purposes:

  • Personalized ads and content
  • Content measurement and audience insights

Do you accept cookies and these technologies?

X

Privacy & Transparency

We use cookies and similar technologies for the following purposes:

  • Personalized ads and content
  • Content measurement and audience insights

Do you accept cookies and these technologies?