sisu (7 Viewers)
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oggys nose
New Member
When your a league one team and a prem team like Newcastle comes in for a player it's obvious he will go so on this occasion id say it's not sisu ... Although if the money isn't put back into the team then sisu are w*nkers .
We'll_live_and_die
Super Moderator
What asset have they stripped? They have sold 1 player to give us a chance of getting back up to the Championship, I see no porblem with that.
covcity4life
Well-Known Member
cant say that either rich until they reinvest in players
lets give it a week or so.
lets give it a week or so.
We'll_live_and_die
Super Moderator
You can't say they have asset stripped when they have brought in Fleck, who is likely to be worth more than Bigi in the long run. We had a talented young midfielder and we still have a talented young midfielder. Therefore the assets are the same as this time last week. One might argue that they are better given the other two players that have been signed.
Bear in mind that Crainie left by his own accord and was not an asset that was stripped.
Bear in mind that Crainie left by his own accord and was not an asset that was stripped.
We'll_live_and_die
Super Moderator
Didn't the accounts show that Senior Management had not taken wages?
sky blue john
Well-Known Member
ashbyjan
Well-Known Member
SISU are not asset stripping in as much as they will not be trousering the Bigi money all it means is that for a couple of months they won't have to put their / their investors money into the bottomless financial pit of a club they have created. Once Keogh goes that means they are sorted financially until January when another one or two will be sacrificed, unless they have sodded off before then.
Wonder what the council has to say about the Ricoh rental Escrow account not being topped now that the club does have some funds?
Wonder what the council has to say about the Ricoh rental Escrow account not being topped now that the club does have some funds?
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ccfcway
Well-Known Member
oldskyblue58
CCFC Finance Director
Dont think CCFC will be receiving £1m up front ............ and even without paying the rent we were apparently still making losses, my guess is that before player dealings then there is still a shortfall budgeted for.
Sale of a young player with some potential vs the survival of the club ? wonder what any owner would do? :thinking about:
Sale of a young player with some potential vs the survival of the club ? wonder what any owner would do? :thinking about:
rob9872
Well-Known Member
Today's f*ck off SISU thread
Clingan, Cranie, Eastwood, McPake and Bigi, plus maybe Keogh, have all been lost from the already depleted squad that we were relegated with and have so far been replaced with an overaged and injury prone un-fit Kilbane, the new Kevin Thornton who is overweight and likes to fight his manager and a scottish striker that I've never heard of and at 28 is probably the next ROD based on his record before coming ... and for this we have seen countless positive threads about how SISU are improving and what a great job they have done so far.
It's sh*t being a City fan
Clingan, Cranie, Eastwood, McPake and Bigi, plus maybe Keogh, have all been lost from the already depleted squad that we were relegated with and have so far been replaced with an overaged and injury prone un-fit Kilbane, the new Kevin Thornton who is overweight and likes to fight his manager and a scottish striker that I've never heard of and at 28 is probably the next ROD based on his record before coming ... and for this we have seen countless positive threads about how SISU are improving and what a great job they have done so far.
It's sh*t being a City fan
ashbyjan
Well-Known Member
OSB - certainly won't be £1m up front - but I am sure that SISU would rather have say £500k up front and then the rest on appearances etc which might never get paid in the future rather than say 4 even payments of £250k every six months. Happy to take lower amount overall as long as they maximise the up front payment. Short termism - well they are bankers.
SkyblueBazza
Well-Known Member
We need to watch these no-salary senior managers...bonus culture & all that. Some/much of the reward for any subsequent success may disappear into their back-pockets!
oldskyblue58
CCFC Finance Director
as usual jan all we can do is guess ...... i would say however that i have more faith in Waggott negotiating a decent deal for us than any other other jokers......... it is what he was brought in to do even if SISU say yea or neigh in the end (they wont be doing the negotiations)
ashbyjan
Well-Known Member
Just wait Rob - Bigi will suddenly become shit and we are well shot and Keogh will be "over rated" when he has gone. Cranie was too slow, Clingan garbage, McPake useless.( Actually glad Eastwood has gone as he was just taking the piss.)
SISU will spin this as a good thing, we will have a smaller, tighter, closer knit squad with added experience. With Kilbanes addition and Bigis departure the average age of the squad might even get over 15 now.
They are slowly killing this club and too many are being blinkered and missing the bigger picture of continual decline and non investment
SISU will spin this as a good thing, we will have a smaller, tighter, closer knit squad with added experience. With Kilbanes addition and Bigis departure the average age of the squad might even get over 15 now.
They are slowly killing this club and too many are being blinkered and missing the bigger picture of continual decline and non investment
rob9872
Well-Known Member
You talk about it as if its a straight-forward business decision, but as we know football isn't like any other business and as we also know for a business to thrive it must receive suitable levels of investment and that isn't happening on any scale. Yes there are words and promises but without action I think we have good reason based on past performance to be more than a little sceptical.
mr_monkey101
New Member
Clingan, Cranie, Eastwood, McPake and Bigi, plus maybe Keogh, have all been lost from the already depleted squad that we were relegated with and have so far been replaced with an overaged and injury prone un-fit Kilbane, the new Kevin Thornton who is overweight and likes to fight his manager and a scottish striker that I've never heard of and at 28 is probably the next ROD based on his record before coming ... and for this we have seen countless positive threads about how SISU are improving and what a great job they have done so far.
It's sh*t being a City fan
not to be pedantic but the 28 year old striker you have never heard of is irish and has scored goals in the premiership and has international caps so is in no way going to be the next r o'd
fleck will be an incredible signing and is already a million times the player thornton ever was or will be and how the f*ck is kilbane injury prone? he has over 100 caps for ireland and over 600 club appearances
stop talking out of your ar*e and have a bit of positivity... the only player who we will miss out of the departed so far is cranie (but tbf wood is a more than ample as a replacement)
Add Platt Juke and Turner through the season after losing 9 last summer,17 out year on year ,In2 goalies cody and the new three.Three youth Players introduced last year,if keogh goes we need at least 4 more to get to the point where they've acknowledged the error of too much reduction last season ,but we've took on the six youth so don't see this happening.Clingan, Cranie, Eastwood, McPake and Bigi, plus maybe Keogh, have all been lost from the already depleted squad that we were relegated with and have so far been replaced with an overaged and injury prone un-fit Kilbane, the new Kevin Thornton who is overweight and likes to fight his manager and a scottish striker that I've never heard of and at 28 is probably the next ROD based on his record before coming ... and for this we have seen countless positive threads about how SISU are improving and what a great job they have done so far.
It's sh*t being a City fan
rob9872
Well-Known Member
Err no I wouldn't, since so far all we have heard is hot air from him too. I'm getting pretty fed up with all of it tbh. It's like Groundhog day. If I'm honest I'm starting to feel like a smoker who wants to quit but these useless muppets are such a big part of my life
rob9872
Well-Known Member
Nobody's crying and I think we're all well aware of how and where this problem started but there has always been hope to hang onto. The light at the end of the tunnel appears to be getting dimmer and close to being completely extinguished. I guess we all have different breaking points along the journey, but there is very little positivity to hold onto right now.
oldskyblue58
CCFC Finance Director
rob you know i do not buy into football being different because it is football
Yes it has more social and community ties that it has to respect. Any business will flounder if it doesn't deal with investment in its future I do not disagree with that. Is it a simple decision ? no but you wouldnt want me to trot out pages of whys and where for's. But the bare bones of how we are now is that we need money to keep going..... so the decision is do we sell a player now or do we hold on to him and struggle to pay wages and overheads, increase the financial pressure so we have unload more players cheaply. We are passing through a financial firestorm and rightly or wrongly CCFC have cut everything to the bone and their only real source of significant funds is player dealings (aside from fans)I took a look at the transfers done under Waggott during his time as CEO at Charlton
about same number in and out (transfers & loans) ...... getting on for 50 each way. Most on free transfers and out of contract coming in
08/09 made net profit on transfers 4.3m
09/10 made net profit on transfers 2.6m
not saying it was all down to him....... but it is the sort of thing i am expecting at CCFC (hopefully not quite so many names though). I think we need to get used to us cashing in on players to create cashflow especially now in League 1.
kg82
Well-Known Member
Clingan, Cranie, Eastwood, McPake and Bigi, plus maybe Keogh, have all been lost from the already depleted squad that we were relegated with and have so far been replaced with an overaged and injury prone un-fit Kilbane, the new Kevin Thornton who is overweight and likes to fight his manager and a scottish striker that I've never heard of and at 28 is probably the next ROD based on his record before coming ... and for this we have seen countless positive threads about how SISU are improving and what a great job they have done so far.
It's sh*t being a City fan
My take on it. Clingan, Eastwood and McPake won't be missed. Kilbane, as mentioned yesterday, had an injury last year and that's it. He's played over 700 games in his career, not exactly injury prone. Fleck's a talent, we've heard that. We've also heard he hasn't fulfilled that. Well, maybe this can be the place. Overweight though? Where's that come from? Elliot's back up I would say. I didn't realise he was that young though, I remember him at Sunderland ages ago.
Maybe we could just see how the first few games go before jumping on the teams, and new signings, backs? I also think we need more signings and I think we'll get them. But yeah, if we're struggling after a few games then something drastic has to be done.
rob9872
Well-Known Member
rob you know i do not buy into football being different because it is football
I took a look at the transfers done under Waggott during his time as CEO at Charlton
about same number in and out (transfers & loans) ...... getting on for 50 each way. Most on free transfers and out of contract coming in
08/09 made net profit on transfers 4.3m
09/10 made net profit on transfers 2.6m
not saying it was all down to him....... but it is the sort of thing i am expecting at CCFC (hopefully not quite so many names though). I think we need to get used to us cashing in on players to create cashflow especially now in League 1.
http://swissramble.blogspot.co.uk/2011/11/charlton-athletic-into-valley.html
This is an interesting read on the Charlton comparison
Sky Blue Kid
Well-Known Member
@ Rich...............
They also sold Jukebox, and Turner...........................................What re-investment was there then???
In the last 2-3 years they have paid 500k for McDonald. After selling all of the players that they have done(And let go some valuable players for nothing) they have done diddly squat for CCFC.
They also sold Jukebox, and Turner...........................................What re-investment was there then???
In the last 2-3 years they have paid 500k for McDonald. After selling all of the players that they have done(And let go some valuable players for nothing) they have done diddly squat for CCFC.
oldskyblue58
CCFC Finance Director
a quick look through it and there are a lot of similarities rob ..... although perhaps the current owners seem a bit more proactive in their support
and plenty that ccfc could learn from
and plenty that ccfc could learn from
Nonleagueherewecome
Well-Known Member
And it's wiped out the debt, has it? Solved all our problems? No, but keeping the player with more potential than any we've had in a decade would help get us promoted, which would help financially, no? And letting him mature a little-fattening the calve-would have seen us make a vast amount more money. Don't try to sell this as good business sense by SISU, you know full well it will make as much of a dent in our problems as selling Lukas when we needed him to stay up!
Nonleagueherewecome
Well-Known Member
Banners at the ready, boys! I'll be taking one every week that I can't get out of going and refusing to be searched: should be fun! I might move to Block 15 just for the unveiling bit, it's not like they ever check your ticket after the turnstiles!
Nonleagueherewecome
Well-Known Member
Oh, I see, it's a merged thread. Who decided that they were the same subject?!?
oldskyblue58
CCFC Finance Director
NLHWC, dont mistake my comments for liking the fact that we are selling off our best talent. I didnt say or even try to sell it as good business by SISU but it is the only business that they have left to do given that they can not raise much in additional funds.
Think you are missing another point ...... get used to us selling off the potential stars or the better players while we are in League 1 at least, it is a big part of the strategy for survival. Waggott has pretty much said so on the radio and the 2011 accounts actually state that positive cashflows from player dealings are part of the plan
Is it good business sense in my book no, we should be developing and bringing on our own talent, but then as you well know there is much over the years of SISU ownership that i would have done differently. But i can understand their current logic
Think you are missing another point ...... get used to us selling off the potential stars or the better players while we are in League 1 at least, it is a big part of the strategy for survival. Waggott has pretty much said so on the radio and the 2011 accounts actually state that positive cashflows from player dealings are part of the plan
Is it good business sense in my book no, we should be developing and bringing on our own talent, but then as you well know there is much over the years of SISU ownership that i would have done differently. But i can understand their current logic
Nonleagueherewecome
Well-Known Member
He was a player we could have kept, he's on minuscule wages, and is a player who will increase massively in value. That implies that whoever has their hands on the tiller is thinking only short-term. It makes no sense to anyone who understands football finance. I can only hope they fuck off soon, or I have now lost my club.
sky blue john
Well-Known Member
Osb I wonder what has happened to the potential money that was available to purchase the share in the Ricoh.
I believe they probably offered such a derisory amount say 2million up front which would have come from player sales and then more based on promotion. But we will never Know !!!
I believe they probably offered such a derisory amount say 2million up front which would have come from player sales and then more based on promotion. But we will never Know !!!
oldskyblue58
CCFC Finance Director
dont think it was the wages savings because it wasnt much it was the fact as to who was most saleable now..... lets be honest there are not many other players in the squad we could get £1m for however the payment is staged. It was that £1m that meant he was for sale.
Short sighted yes in my eyes too, but i am not sitting here waiting to pay out the wages at end of july. Lads like Bigi Thomas Christie are or were (in Bigis case ) the clubs future ........ and i really can not square his sale with the contracts of Bell McSheffery, Baker and the piss take that was Eastwood.
Short sighted yes in my eyes too, but i am not sitting here waiting to pay out the wages at end of july. Lads like Bigi Thomas Christie are or were (in Bigis case ) the clubs future ........ and i really can not square his sale with the contracts of Bell McSheffery, Baker and the piss take that was Eastwood.