dongonzalos
Well-Known Member
Unless you are calling Gary Hoffman who explained Mr Haskell's plan a liar, then he has
Last edited:
So he hasn't said anything then. :facepalm::facepalm::facepalm:
But £1M is paid by an FA grant.
So your plan is to abandon the purpose built Higgs centre?
Unless you are calling Gary Hoffman who explained Mr Haskell's plan a liar, then he has
Also you state he has had a bid agreed for the Higgs charity stake. Has this been confirmed by PWKH?
Also you state he has had a bid agreed for the Higgs charity stake. Has this been confirmed by PWKH?
I see the scumbags from Mayfair are still faring well on this poll !! Now I wonder who voted for them.......................
It wasn't so much that Haskell was outbid, the Leeds board went with the original bid because things had moved significantly down the road before Haskells bid.......In short...the Leeds board had scruples..Something SISU have not!
Would you give up 40m without a fight? SISU are chancing recouping their investment, like everyone is happy to point out, they are a hedge-fund, hedge-funds take risks no one else does. I admit that I probably wouldn't leave if I were SISU now, I'd at least want to cut my losses by as much as possible.
The end game must be:
- shift as much debt onto CCFC from other ventures
- regain outright control of CCFC, then, sell to Byng or PH4 or anyone, for a sizeable fee which will make their stay at least half-worthwhile for their coffers.
Bloody hell that accountant must read this site as well.
Firstly I doubt they have lost upwards of £25 million in reality, the rest is clever accounting, much of which is just paper transactions between tiered layers of bullshit holding companies. Then there is the mysterious £2.6 million management charges for a couple of years and on top a bundle of high interest charges. When they do sell at a loss if it comes to that, there will also be a significant tax vehicle for them to offset obligations from more profitable ventures elsewhere.
TF, at the forum on Friday, claimed we have broken even on transfers, in other words they have got back anything they paid out. So please stop pretending they have spent any money.
They haven't ... Except to pay wages and operating costs, which must be lower than income. Do the maths, it really is quite simple. The only way we can be losing money is on debt repayments and other management charges loaded onto the club.
I blame the council for the club's inability to make the cheque book balance.
I was being ironic or sarcastic.Why the council . Sisu knew the rent costs when they got the club for basically feck all. They have only paid rent for 5 yrs and the total is a drop in the ocean compared to there apparent overall debt .
They've spent around 10m on transfer fees alone, factor in; signing fees, agent fees, wages etc. there's rent for 5 years? So another 6.4m, that's already nearly 6.4m (I don't know what our wage budget was and how much we spent a year, I know agent fees 1 season was around 148k (ish) and signing fees are truly unknown) I haven't even touched on the other runnings of the club, it's probably closer to 40m than 25m - we don't have all the figures so realistically whatever we say is a guess, the only people who have all of these facts our SISU and they are more likely to be right than us who are second guessing.
But assuming it is 25m, that would actually make a risk taker more likely to take the risk, because it's less money to recoup.
You are undervaluing money here in a sense, 25m is a sum of money that probably none of us on here will see in our lifetime, so I'd still fight unbelievably hard for 25m if I was put in that situation.
We all know SISU's investment has failed, but, put yourself in their shoes, I wouldn't just walk away from a club with potential after I've blew 25-40m (whatever, doesn't really matter, it's still an unbelievable sum of money) on this same club, they want to cut their losses, at worst!
I was being ironic or sarcastic.
Of course the council cannot be responsible for how a company runs itself but some of our fans still fall for the smokescreen that it's the rent that is the issue.
that chap that phone stuart linnell yesterday afternoon about 4.45
Not Sisu, because they have had long enough to show they can't be trusted and are crap.
I would like someone who can afford to buy the Ricoh and develop the resources around it. I would like them to put some of the money back into the club. The club must be run on a sensible business plan with the emphasis on a youth policy. I believe a little investment early on can get us back into the championship, and then longer term planning from there.
I want a team that plays with pride and plays attacking passing football. If we win some and loose some so be it. I just want to follow an honest and transparent football team. SISU just don't have that profile.
Forget the transfer fees. Even Fisher admits we've recouped as much as we've spent. My estimate was that, over the years, they are £7m up in transfer fees; but even if you believe Fisher - and that's up to you - we're neutral. So their net position even believing him is £0, not your £10m
My point wasn't on net transfer spend, because at a rough guess, I'd say we've got around 11-12 back in transfer fees, that wasn't my point. My point was money that's gone in into the club, just because we sold players doesn't mean that they haven't put 'x' amount of money into transfers - people like Dann wouldn't have fetched a nice profit had it not been for the initial investment.
To make it absolutely clear, I'm not on about net money put into the club, just total that has gone in.
What's the point then ?:facepalm:
My point wasn't on net transfer spend, because at a rough guess, I'd say we've got around 11-12 back in transfer fees, that wasn't my point. My point was money that's gone in into the club, just because we sold players doesn't mean that they haven't put 'x' amount of money into transfers - people like Dann wouldn't have fetched a nice profit had it not been for the initial investment.
To make it absolutely clear, I'm not on about net money put into the club, just total that has gone in.
I voted SISU. They're not my preference, I just like to see the cogs in Ashdown's brain seize up.
IS TIM FISHER HERE USUAL SUSPECTS EVIL MAYFAIR CANCER APOLOGISTS 10101110110101011
Did you read past the first three words?
I voted SISU. They're not my preference, I just like to see the cogs in Ashdown's brain seize up.
IS TIM FISHER HERE USUAL SUSPECTS EVIL MAYFAIR CANCER APOLOGISTS 10101110110101011
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?