BrisbaneBronco
Well-Known Member
Should have said SISU may still be the ONLY Option:facepalm:
I like to consider myself to have a balanced view but the title at the top of this page is ridiculous.
Indeed, almost hard to believe that anybody supported Sisu in the first place isn't it?
That's forgivable to an extent as they were an unknown entity. Having stated that, and having been at the cutting edge of their track record, to offer even tempered support at this stage is frankly astonishing
Here's a question for you, if a deal could be reached that meant SISU remained in control but that the debts were cleared, we stayed at the Ricoh and had access to the income streams from the stadium would you accept that?
For me it's a tough one, they have shown themselves to be poor owners overall (although I do feel a small amount of credit should be given for funding the losses) and I would be glad to see the back of them BUT if it came to a choice between the club being liquidated and being forced to start again in non-league or keeping SISU I think I would have to go with SISU. BUT in a choice between liquidation and supporting a SISU-owned club playing in Walsall (or wherever) then I think I would favour liquidation and starting again. Once again it all comes down to where we play.
Indeed, almost hard to believe that anybody supported Sisu in the first place isn't it?
I'm not ashamed to say that I did.
I was grateful that someone, anyone, had stepped in and "saved" the club from administration. I was far too naive and far too optimistic for my own good, I suppose.
For a while I even managed to rationalise the compulsory acquisition of my share in the club as "they're doing what needs to be done to make us a top flight club again".
It was only when the insanity of the Brody/Dulieu era revealed itself that I realised that perhaps we'd taken a swig from the poisoned chalice.
I suspect I'm not alone in any of this.
Its not a choice for us!
I beleive SISU want to sell and get out if a buyer will pay a reasonable price but who knows if they will?
And I didn't say I preferred SISU!
I said we might wind up with only them left!
imp:
I supported them at first as well.
Are you suggesting we should have all disliked them without knowing anything about them?
I supported them at first as well.
Are you suggesting we should have all disliked them without knowing anything about them?
Did Uncle Joe come round personally to get your share off you when they "saved" the club?</p>
<p> </p>
<p>At least he's here to "save" the club again.</p>
<p> </p>
<p>No problem with anybody else taking over the club from Sisu, but would hope that this time, whoever takes over, is looked at with a bit more rigour than previously.</p>
<p> </p>
<p>Just doesn't look that way from most posts.
SISU or liquidation are not the only options, we know of two other bidders. I would rather throw my hat in with either of them. Six years is enough.
Did Uncle Joe come round personally to get your share off you when they "saved" the club?
At least he's here to "save" the club again.
No problem with anybody else taking over the club from Sisu, but would hope that this time, whoever takes over, is looked at with a bit more rigour than previously.
Just doesn't look that way from most posts.
I once supported SISU business plan to a certain extent, knowing the Fair Play rules where coming up.
However that has gone out the window now as their latest business plan in conjunction with Fair Play rules only has one outcome.
If we survive in the Football League during that 3 - 5 years then we will be coming back to a League 2 stadium.
Even paying the excessive rent is financially better than their plan. The reduction to 400K is even more beneficial.
Obviously income streams from owning the stadium would be even better but not massive compared to overall income.
Stupid Stupid Stupid and they know it.
We've been doing that for 6 seasons ,they've reduced the following by 50% and are proposing to reduce last years following by 75%,imperiling the Clubs existance in the process ,you know your numbers ,staying at the RICOH costs them less than moving ,they say it makes us viable ,Maybe but I doubt it ,it certainly won't make us competitive in th ethird division.
Under SISU we have fallen to our lowest footballing position in two generations; with preparation that points to us looking toward a relegation struggle next year, playing to diminutive crowds in another club's stadium not even in the Coventry postcode.
They have laden us with debt, via a complex off-shore company structure the like of which is rarely, if ever seen at this level; and overseen a calamitous financial landscape that's made us - along with Pompey - the laughing stock of the freak show of football finances.
To suggest anything associated with SISU is even moderately better than abhorrent is a signal of just how low we have sunk. Or the work of a disingenuous poster seeking 'bites'
Along with everybody else I was very excited yesterday reading about the new consortium bid.
But don't think its a forgone conclusion. Many things could scupper or put off all the other bidders before they get to the finishing line.
Sisu have got a lot of critics and I am not sure their recent initiative to talk directly to the fans in forums will be their wisest move. They are likely to be dominated by the "SISU-out-louts". All the more moderate fans will streer well clear not wanting to get involved in a rumble.
I certainly do not think SISU have been perfect owners but at the end of the day they ARE still here and they ARE still paying the wages and keeping the team on the pitch.
For paying the ongoing losses at a rate of £3m a year we should regard them as supporters of the team if not the biggest financial supporter of the team.
Protesters withdrawing their support from the team by threatening to buycot games and not buy season tickets cannot call themselves supporters and such actions will only take the team one way!
Dispite heated feelings against SISU they have managed to put players of the caliber of King, McGoldrick and Clarke on the pitch until now.
If your support is witheld you cannot expect SISU to manage a similar level of funding and the team will inevitably go down! Is that really what you want?
imp:
Along with everybody else I was very excited yesterday reading about the new consortium bid.
But don't think its a forgone conclusion. Many things could scupper or put off all the other bidders before they get to the finishing line.
Sisu have got a lot of critics and I am not sure their recent initiative to talk directly to the fans in forums will be their wisest move. They are likely to be dominated by the "SISU-out-louts". All the more moderate fans will streer well clear not wanting to get involved in a rumble.
I certainly do not think SISU have been perfect owners but at the end of the day they ARE still here and they ARE still paying the wages and keeping the team on the pitch.
For paying the ongoing losses at a rate of £3m a year we should regard them as supporters of the team if not the biggest financial supporter of the team.
Protesters withdrawing their support from the team by threatening to buycot games and not buy season tickets cannot call themselves supporters and such actions will only take the team one way!
Dispite heated feelings against SISU they have managed to put players of the caliber of King, McGoldrick and Clarke on the pitch until now.
If your support is witheld you cannot expect SISU to manage a similar level of funding and the team will inevitably go down! Is that really what you want?
imp:
They weren't that unknown at the time, the same information about their way of doing business was available then as it is now.
Just people didn't want to listen then, people don't want to listen now either much.
There has always been tunnel vision about Sisu, it's just that they're looking from the other end of the tunnel now.
Without SISU's intervention, we would've got relegated to L1 5 years before, in fact, the club has been in decline since relegation from the prem, since it was ACL who refused to talk, CCFC haven't got an alternative but to play outside of Coventry - a fact people are forgetting.
there's no way we could be losing 3m a year with all the cost cutting. n they may have "bought" these players in, but they did'nt do enough to keep them. if we had dmc and clarke for the last half of the season, they would have got their investment back through promotion. simple business sense: right investment in the right area = success
Along with everybody else I was very excited yesterday reading about the new consortium bid.
But don't think its a forgone conclusion. Many things could scupper or put off all the other bidders before they get to the finishing line.
Sisu have got a lot of critics and I am not sure their recent initiative to talk directly to the fans in forums will be their wisest move. They are likely to be dominated by the "SISU-out-louts". All the more moderate fans will streer well clear not wanting to get involved in a rumble.
I certainly do not think SISU have been perfect owners but at the end of the day they ARE still here and they ARE still paying the wages and keeping the team on the pitch.
For paying the ongoing losses at a rate of £3m a year we should regard them as supporters of the team if not the biggest financial supporter of the team.
Protesters withdrawing their support from the team by threatening to buycot games and not buy season tickets cannot call themselves supporters and such actions will only take the team one way!
Dispite heated feelings against SISU they have managed to put players of the caliber of King, McGoldrick and Clarke on the pitch until now.
If your support is witheld you cannot expect SISU to manage a similar level of funding and the team will inevitably go down! Is that really what you want?
imp:
You have no proof that would be our fate. That's absolute conjecture on your behalf as it suits your argument.
And if you genuinely believe it's ACL's fault alone we are now looking to play outside of Coventry, you're delusional in the extreme
That season we only survived on GD, and without SISU coming in when they did - supposedly 30m from admin - we would've went into admin, 10 points get deducted and that would mean relegation - there's your proof.
I never said it was ACL's fault, but, when ACL refused to renegotiate, what were CCFC supposed to then!? I want answer off somebody because no one has answered this question yet, despite me asking on several occasions.
You forgot to answer the rest.
Without SISU's intervention, we would've got relegated to L1 5 years before, in fact, the club has been in decline since relegation from the prem, since it was ACL who refused to talk, CCFC haven't got an alternative but to play outside of Coventry - a fact people are forgetting.
Whilst I agree on the finances part, it is, however, just part of their 'endgame', IMO, and actually I remember before SISU we had colossal debt, i remember 20-40m or something crazy like that. So in this respect, how are they different?
Also, the owners before stopped paying debt and refused to pay transfer fees - much like the rent is this respect, so I ask again, how are SISU totally different from their predecessors?
The biggest mistake of our clubs history, leaving HR, was a decision made by Robinson and co. we left our home and couldn't afford to move into the RICOH, that decision folks still has repercussions because it means today we get nothing from F&B, but worse still, we pay 1.28m in rent and we miss out on a lot of events that come to the stadium, Bon Jovi, Olympics etc. it isn't SISU's fault they've been burdened by this rent and have missed out on all this revenue.
I almost forgot, selling players, before SISU were a selling club, who had to sell to keep us going, the 2 examples that immediately spring to mind are Davenport and McSheffrey - the ones that actually made me upset as a kid - I was in a strop for the day and a half after we sold Sheff would you believe,
This isn't 'sticking up' for SISU, it's recognising that the problems CCFC face are more long term than people think, or have many people on here got amnesia?
That season we only survived on GD, and without SISU coming in when they did - supposedly 30m from admin - we would've went into admin, 10 points get deducted and that would mean relegation - there's your proof.
I never said it was ACL's fault, but, when ACL refused to renegotiate, what were CCFC supposed to then!? I want answer off somebody because no one has answered this question yet, despite me asking on several occasions.
You forgot to answer the rest.
That season we only survived on GD, and without SISU coming in when they did - supposedly 30m from admin - we would've went into admin, 10 points get deducted and that would mean relegation - there's your proof.
I never said it was ACL's fault, but, when ACL refused to renegotiate, what were CCFC supposed to then!? I want answer off somebody because no one has answered this question yet, despite me asking on several occasions.
You forgot to answer the rest.
Actually, not renewing McAllaister's contract before the scouse bastards started sniffing around was our biggest mistake.
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