Latest Fan Group Buy Out...They raised £500k? (11 Viewers)
- Thread starter Skybluerevolution (Pt2)
- Start date
Skybluerevolution (Pt2)
New Member
Didn't Otium just buy CCFC for £1.5 Million? If so that is the market value surely...but I suppose they have to want to sell.
Skybluerevolution (Pt2)
New Member
I guess so otherwise they have just blown half a million and ended up back to square one...
chiefdave
Well-Known Member
They are taking on the alleged debt as well, a fan takeover would need to pay that off to get rid of SISU
Like SISU obviously have??
stupot07
Well-Known Member
We they have been haven't they, that's why we owe them money.
stupot07
Well-Known Member
Great idea, resulting in expulsion from the league and staring in mid combination division 2.
Like I said in another thread ,Operating Last year would come out somewhere near Breakeven.:thinking about:
stupot07
Well-Known Member
Yep, last year you're probably right mainly due to big away cup ties, but the previous years they have been here they were undoubtably covering losses.
Nonleagueherewecome
Well-Known Member
Yeah, fuck it, lets just legitimise SISU Scab FC in Northampton instead, eh? It'll be awesome :facepalm:
If you're looking at the Trust to achieve the same, you're having a laugh!
Only someone like Hoff could help & he didn't outbid Otium, must be a good reason!
They could give you CCFC for free but you would still need 70 million & then how would you fund the club?
Trust me, the Trust don't have 70 million, lucky to muster 70p amongst them!
Only someone like Hoff could help & he didn't outbid Otium, must be a good reason!
They could give you CCFC for free but you would still need 70 million & then how would you fund the club?
Trust me, the Trust don't have 70 million, lucky to muster 70p amongst them!
stupot07
Well-Known Member
Sisu scab FC? So anyone who goes to Northampton is a scab?
Sisu might sell in 6 months and we get brought back, get expelled from the league there's no coming back.
This is precisely what I have been saying all along! This is why they stopped even trying to raise funds, and instead began simply increasing its membership! They started out, their sole purpose they claimed was to be as a last resort when all other means of buying the club failed!
I stated from day one the entire premise of a group like this buying the club, a club arounbd £50 million in debt was ridiculous! I explained that just buying the ownership rights is one thing, but then you have running costs. All of this was ignored, and so you get the trust trolls going on and on about how I don't know this, and how I am talking BS. Roll on a year or two and low and behold everything I said would happen has happened! It is nothing to do with insight, but merely common sense!
If a club owes £70 million, and you pay back 10p in the pound, you have to pay £7 million! If you want 20% ow that, then you pay £1.4 million! This is basic maths! Yet the clique just never got this! So instead of fulfilling their stated goals, they waste money on joining supporter's direct, and change the wording of their membership virtually word for word as every other member of supporter's direct (just look at pompey's wording - is essentially the same)! So instead of following their own goals, they are now following supporter's direct template. Despite the fact this blueprint not representing the needs of the members or the stated goals of the clique! After all even if they did manage to raise this money, they will have to find immense amounts just to build the club. It is a hopeless task run by an incompetent bunch of self centered egotists!
So we end up with the ridiculous situation of a group representing less than 10% of the fans of coventry city demanding 20% of the club! And they wonder why people are fed up with their failed stunts and trying to take over every and any campaign as their own, in the belief that they will raise their numbers and so increase their influence.
The reality however is that they really only have less than 20 active members. Hence you get 15 people turning up to protests, and only 30 to their AGM! They had their chance and they blew it. Every time they appear in the public now is nothing more than a slap in the face for real fans!
The trust has betrayed its own ideals and such has betrayed the fanbase of coventry city. The sooner this group of scum are no more the better
I stated from day one the entire premise of a group like this buying the club, a club arounbd £50 million in debt was ridiculous! I explained that just buying the ownership rights is one thing, but then you have running costs. All of this was ignored, and so you get the trust trolls going on and on about how I don't know this, and how I am talking BS. Roll on a year or two and low and behold everything I said would happen has happened! It is nothing to do with insight, but merely common sense!
If a club owes £70 million, and you pay back 10p in the pound, you have to pay £7 million! If you want 20% ow that, then you pay £1.4 million! This is basic maths! Yet the clique just never got this! So instead of fulfilling their stated goals, they waste money on joining supporter's direct, and change the wording of their membership virtually word for word as every other member of supporter's direct (just look at pompey's wording - is essentially the same)! So instead of following their own goals, they are now following supporter's direct template. Despite the fact this blueprint not representing the needs of the members or the stated goals of the clique! After all even if they did manage to raise this money, they will have to find immense amounts just to build the club. It is a hopeless task run by an incompetent bunch of self centered egotists!
So we end up with the ridiculous situation of a group representing less than 10% of the fans of coventry city demanding 20% of the club! And they wonder why people are fed up with their failed stunts and trying to take over every and any campaign as their own, in the belief that they will raise their numbers and so increase their influence.
The reality however is that they really only have less than 20 active members. Hence you get 15 people turning up to protests, and only 30 to their AGM! They had their chance and they blew it. Every time they appear in the public now is nothing more than a slap in the face for real fans!
The trust has betrayed its own ideals and such has betrayed the fanbase of coventry city. The sooner this group of scum are no more the better
covmark
Well-Known Member
Shit I thought you were valiant till I saw your username, usually your posts are respectable and have valid points, you're better than this NLHWC, I put it down to too much sun
oakey
Well-Known Member
The football authorities are too cowardly to bear the worldwide bad publicity.
stupot07
Well-Known Member
Worldwide bad publicity??? We're league one Coventry city not Champions league participants like Rangers. No one outside ccfc fans particularly care what happens to us.
Broken Hearted Sky Blue
Well-Known Member
And why is that exactly? because people cant be bothered to give a pound to join good job they didn't ask for a tenne risn't it:facepalm: Good job the Trust have people who are fans who do things for them for free like the guy who owns a printing firm in Yorkshire and others
Nonleagueherewecome
Well-Known Member
Yes, that's how I feel about it. Not one CCFC fan should attend whilst we are playing in Northampton. Those that do are being selfish and/or ignorant.
To say that not attending would result in us being expelled from the league is bullshit of the lowest order. What are you basing this theory on?
Broken Hearted Sky Blue
Well-Known Member
Took you long enough twat see you hardly ever come up with anything usefull again you rant pills wering off are they twat. Come out from the keyboard you Sisu arsehole there are people on here who are members and non members of the Trust they are fans you are definately not a fan you are a plant Sisu stooge take your 20 pieces of silver JUDAS
stupot07
Well-Known Member
The 'i'm a real fan/better fan' old chestnut.
Of course it's not bullshit, if we can't fulfil fixtures we get expelled from the league. And I was answering a post questioning how long until the football league takes back the golden share due to us having insufficient funds. No golden share = no right to play in the league.
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I'd rather give Sisu my quid, cos it would pay the player representing CCFC. Nothing against the trust, but they have no realistic purpose for me. I respect they follow the same team as me & am also broken hearted at the fast demise of our club!
SkyBlueBlood
Member
Do you trust SISU to use your money to pay players or are you the one who is happy paying their £2.6 million per annum maladministration fee?
Nonleagueherewecome
Well-Known Member
Bullshit, I'm not claiming to be a better fan...there's no comparison as anyone who goes is not supporting the club.
How do we fail to fulfil fixtures?!? Thought you said SISU have been propping us up for years?! Sorry, you're talking utter shite pal.
stupot07
Well-Known Member
Anyone who goes isn't supporting the club? Surely they are both financially and support the players on the pitch. I probably won't go, but I won't be calling anyone a scab who chooses to do so.
Yes, sisu have funded losses - are you saying that's not true?
For me those that only go to away games are 'having their cake and eating it', not putting money into the club but quite willing to go an support a sisu funded team.
And actually I was replying to this.....
I said if the football league remove share mid season, we'd probably be expelled from the league as we wouldn't have the right to play in the league as we'd have no golden share.
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Making their decision at this point critical to future existence ,Its a no brainer in that scenario.
Broken Hearted Sky Blue
Well-Known Member
You're so obvious the only thing I'm disgusted about is you using Snoz give youre pound to youre mum, how is Joyby the way?Have you not seen their prescence in Egypt? What a turnout
I don't know jack! Other than Sisu are still keeping CCFC alive, but only just & the life support could soon be switched off.
The disease, Richardson/Robinson et al infected the club with is fast spreading & Dr Sisu are running out of ideas!
Shit I thought you were valiant till I saw your username, usually your posts are respectable and have valid points, you're better than this NLHWC, I put it down to too much sun
You need to get over your obsession with me.
Broken Hearted Sky Blue
Well-Known Member
Before or after they've had your blood