Listen thats not happening.any losses they make get written against city as a tax loss for the next few years.there going nowhere
Listen thats not happening.any losses they make get written against city as a tax loss for the next few years.there going nowhere
Word is Joy's on her last legs. She promised investor's she would win the JR but after losing so spectacularly investors said not one penny more which is why she had to agree to return to ricoh for the ST money. Labovitch has gone and Fishers on the naughty step. Joy used to be able to rely on the CET courtesy of Les Reid and there were people like Nikki Sinclaire through to Brian Patton she could get onside. She even got the Trust to sit on the fence. But now the only people left willing to do Joy's PR are Rob S and Les Reid who now he is ex-CET isn't that much of a help. acl-ccc have got the Trust back into bed with them and reckon with Joy already on the ropes bringing a franchise club to the ricoh will be a knock out blow!
There is money to be made at the City and benefits of holding onto a seemingly loss making operation. Thing is, hedge funds want short term return and this is a long term project !They have access to billions as so many on here let us know but prefer to try to get ACL on the cheap though its distressing tactics which having miserably failed is there any surprise that they are on the ropes. If you had given money to SISU who had invested it in Project CCFC would you be concerned that you might never see your investment again never mind a profit on this investment.
If this is true it make you wonder why Les Reid & Rob Stevens are doing what they're doing?
PS I can see SISU lasting the 4 years yet, if they can find a way of sucking money out in that time, but speaking for myself, I can wait that long til they've gone.
Word is Joy's on her last legs. She promised investor's she would win the JR but after losing so spectacularly investors said not one penny more which is why she had to agree to return to ricoh for the ST money. Labovitch has gone and Fishers on the naughty step. Joy used to be able to rely on the CET courtesy of Les Reid and there were people like Nikki Sinclaire through to Brian Patton she could get onside. She even got the Trust to sit on the fence. But now the only people left willing to do Joy's PR are Rob S and Les Reid who now he is ex-CET isn't that much of a help. acl-ccc have got the Trust back into bed with them and reckon with Joy already on the ropes bringing a franchise club to the ricoh will be a knock out blow!
They have access to billions as so many on here let us know but prefer to try to get ACL on the cheap though its distressing tactics which having miserably failed is there any surprise that they are on the ropes. If you had given money to SISU who had invested it in Project CCFC would you be concerned that you might never see your investment again never mind a profit on this investment.
Word is....?
Where did this word come from? Or is it your take on it?
Sent from my iPhone using Tapatalk - so please excuse any spelling or grammar errors
Word is Joy's on her last legs. She promised investor's she would win the JR but after losing so spectacularly investors said not one penny more which is why she had to agree to return to ricoh for the ST money. Labovitch has gone and Fishers on the naughty step. Joy used to be able to rely on the CET courtesy of Les Reid and there were people like Nikki Sinclaire through to Brian Patton she could get onside. She even got the Trust to sit on the fence. But now the only people left willing to do Joy's PR are Rob S and Les Reid who now he is ex-CET isn't that much of a help. acl-ccc have got the Trust back into bed with them and reckon with Joy already on the ropes bringing a franchise club to the ricoh will be a knock out blow!
In a past post he said he knows people in the Trust.
Then what happens to the club? I doubt many care if SISU go out of business, but where does that leave us?
Who Is Rob S?
Thanks OSB58 another balance response probably clear I'm not a big SISU fan but this investment has been a disaster for SISU and surely they have to be held accountable to their investors 7 years in my opinion is long term
Thanks OSB58 another balance response probably clear I'm not a big SISU fan but this investment has been a disaster for SISU and surely they have to be held accountable to their investors 7 years in my opinion is long term
Word is Joy's on her last legs. She promised investor's she would win the JR but after losing so spectacularly investors said not one penny more which is why she had to agree to return to ricoh for the ST money. Labovitch has gone and Fishers on the naughty step. Joy used to be able to rely on the CET courtesy of Les Reid and there were people like Nikki Sinclaire through to Brian Patton she could get onside. She even got the Trust to sit on the fence. But now the only people left willing to do Joy's PR are Rob S and Les Reid who now he is ex-CET isn't that much of a help. acl-ccc have got the Trust back into bed with them and reckon with Joy already on the ropes bringing a franchise club to the ricoh will be a knock out blow!
It's weird having spoken to her a few times over nearly 10 months as her football knowledge, especially regarding the set-up & development off-the pitch, as improved a hell of a lot.
She was clear about the fact that she could never hope to consider herself on the level of long-term fans like most of us but is now emotionally invested in the success of CCFC and will only ever be a CCFC supporter. It's hard to get across the feeling you get from meeting someone who is so drastically different from the image that most people have of her but I can honestly say – and I will swear on anything you like, anytime – she actually cares about all this stuff.
I think that this is a totally reasonable expectation and I agree.Even now if SISU were to present a credible plan for the long term security of the club I'd be prepared to full consideration and if it stood up to scrutiny would have my full support. Problem is we have no idea what is going on. They claim that moving to a new stadium will benefit us but won't give any details on any aspect of the project. Tell us where it us, show us the numbers add up and maybe we might support it. Same for every aspect of the club, explain what you are doing and where we are headed and try and get people on board.
At the moment all we can see is a third season in L1, crowds below 10K, no evidence at all of the new ground being built, no idea of how the finances stack up and so on.
It doesn't help when they talk about everything as if it's for the benefit of the club. We know SISUs primary concern is maximising their return so be honest about it. Explain how they are going to make their money and how we are going to benefit.
the timescale is also likely to be fluid
Word from who?
Your posting history - for what it is - is very telling.
One other thing re: investment term lengths...
In the meeting last week, Joy pointed out – only in passing – that Sisu funds are hybrid rather than solely hedge funds meaning that they are a mix of hedging and private equity so it's not just about short term investments. They have medium & long-term investments and CCFC is most definitely long-term.
In the early Sisu days, it was Onye, as the fund manager, who was in charge. Joy had nothing to do with the fund that owned CCFC so had nearly zero involvement with the club. With the failure of Onye/Ranson she has had to get more involved and pointed out that she is now personally invested in the success of CCFC. It's weird having spoken to her a few times over nearly 10 months as her football knowledge, especially regarding the set-up & development off-the pitch, as improved a hell of a lot.
She was clear about the fact that she could never hope to consider herself on the level of long-term fans like most of us but is now emotionally invested in the success of CCFC and will only ever be a CCFC supporter. It's hard to get across the feeling you get from meeting someone who is so drastically different from the image that most people have of her but I can honestly say – and I will swear on anything you like, anytime – she actually cares about all this stuff.
I don't want to be a Joy fan, her PR guy or just someone who is being used to tell her side of the story and I have gone to massive lengths to make sure I'm not. There are people here who know me in real life and will be willing to vouch for me, even if they might totally disagree with what I am doing.
All I ask is that EVERYONE who has some influence on this whole CCFC saga is subject to the same scrutiny, questions, criticism and so forth. We need the whole truth and we need it to keep coming and coming. Only then can we really decide what is best for the future of CCFC.
It's me!
AKA Rob Stevens, co-cordinator of the Get Cov Get Back to the Ricoh (GCBTTR) with Stuart Cosgrove (AKA Cossy).
Although there's no real backing and the logic & cheap shots are shaky to say the least, there are some elements on potential truth in OPs statement.
There is a private deal (we don't really know who is behind the consortium and it's being discussed in a private Labour group and then council meeting) to buy ACL and bring in Wasps from London via Wycombe. (People will want to ask if their fans will be standing in the car park outside the Ricoh protesting this move.)
After a lot of initial outrage, a few people here have seen a light that the buyout of ACL could lead to Sisu being forced out = a good thing. You only have to think back to a couple of years ago when the Trust were planning to work with the likes of Joe Elliot, Preston Haskell IV etc. when the administration push was looming.
Maybe the rent to CCFC has to go up after the extension to the current deal is being discussed or maybe, yet again, a rent cannot be agreed on.
Of course the PR machine will go into overdrive and we will have to work out who is at fault for leaving the Ricoh. (It doesn't usually tend to fall on the shoulders of the landlord we have found.)
The new stadium will have to be a reality if CCFC leave the Ricoh.
So is the plan for the Football League to take the golden share because CCFC leave the Ricoh? Or for Sisu to have to sell because they can't move CCFC to another ground share? Or sell because they won't be able to build another ground? (The campaign to prevent a new ground build and force a Ricoh return would be led by..?)
History shows us that Sisu aren't in the habit of just rolling over and selling when the shit hits the fan.
And what happens to CCFC in all this? Are we prepared for more unrest, more extended home game journeys and the potential for failure on the pitch? And what happens if we have success and people are less anti-Sisu because they put out a winning team?
This seems to be Groundhog Day. Fighting over the club's home and the club.
For those of us who aren't wedded to one side and one solution (and thanks duffer & OSB for comments relating to that) this is the worst thing possible where we could be doomed to repeat the mistakes of the past 2–3 years.
And of course, putting the current set up of our first, U21 & U18 squads headed by Stevens Pressley & Waggot up against what the likes of Ray Ranson, Gary Hoffman, Joe Elliot (or whoever might be lurking in the wings) would put together? Do we really want to go back to those days?
Revolutions are only any good if you have an endgame that makes sense and can actually happen. If the revolution was held up by the escape from administration and sojourn to Northampton, how the hell is it going to happen now?
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