Balancing the books is not only the responsible thing to do, but it will also be a necessity for most clubs when the FFP rules kick in soon. Plus I find it difficult to criticise any ownership for not spending when we're talking about a 14k attendance with no stadium revenue of which to speak. So try this for change:
1. Fill out the ground every fortnight to boost team performance, coffers, and overall squad quality.
2. Change the manager.
About the only two solutions out there.
They did buy the club knowing we did not own the ground didn't they..... Or did someone hide that little detail.
I believe they thought it would be given to them cut price or free like the shares they took. Again questionable business sense.....
Yes kduffy I agree with a lot of what u say. Apart from the bit about sisu where u say you are amazed they still back the club. I don't believe they still back the club. I think the sale of juke went straight to one of their key investors. It is a white elephant for them as their so called astute business brains failed to realise what they were getting into. Surely they are international banking investors and should have been fully aware about what they were taking on.
Some of that i agree with some i just cant
I agree they should have been more aware of what they were getting in to. That doesnt mean they should have put more money in than they have so far - better control of it should have been the case.
The money from Juke (a) hasnt all been paid in one go (b) a big chunk of it is due to Everton (c) will be used to fund day to day activity. What is the point of repaying it to any investor if that investor has to loan it back to the club to keep the club going ?
There is a reason why SISU need to get the club to cut its cloth accordingly. The business has no worth until such time as it is proven to be financially viable. It is not for any great love of CCFC
Buying more or more expensive players increases debt and losses both in the transfer and subsequent wages .... what it does not do is to guarantee success. Nor would it guarantee more income because CCFC has a well known reputation for low crowds. This is actually not a poker game this is peoples livelihoods. Some choose to gamble but in any one season there are only three prize places the rest are no where or relegated. Those that are relegated can have gambled and be locked into expensive wages with turnover drastically decreased - that means even greater losses debt and chance of going bust
We only assume we dont know there isnt money available to sign loans. AT has turned some down others have turned us down, others are off the market. Life is not as simple as throwing money at it. If you do throw money at it then unless it works 100% then there are serious consequences
solutions
1) balance the books
2) supporter financial participation in ownership
3) focus on youth development
4) look at the performance of all staff and cut under performers
5) above all get supporters back to the ground parting with money
6) buy the right to income from stadium income streams
So what do we do then,sit back and let these muppets take us down to league 2
Which would cost more relegation (I think more than a million) or keep the Juke till the summer and sell him for a million then.
He may not have kept us up but selling him increases the chances of us going down.
CCFC couldn't extract a decent price for him in the summer, not a chance, and it would be an even more dismal fee if we were of L1 status (inevitable then, inevitable now). You can't keep letting people walk for nothing.
I disagree the others were due to there contracts expiring a season of Juke scoring 20 would more likely command an even bigger fee. Whatever fee he goes or does not go for would be less that the cost of relegation
Wrong.
CCFC averaged 0.67 points-per-game while Juke was here. Since selling him and bringing in the loanees we have averaged 0.85 points-per-game. Both are abysmal numbers but, strictly speaking, the January transactions have improved the team thus far.
Btw, I don't disagree with you about the principle of investing in order to improve the long-term ROI. But if they have no money to put in then we need to address what few variables can make a difference.
Unfortunately the variable you dont have their is the ratio if you had Juke and the loaness. I think it would be better than both of the above mentioned ratios.
Cm,do you really expect those 18k seats to be filled after what sisu have put us through over the last 4 years?
Unfortunately the variable you dont have their is the ratio if you had Juke and the loaness. I think it would be better than both of the above mentioned ratios.
We couldn't fill Highfield Road during our recent peak in the late 90s. That was Premiership football. You can make fair arguments about how SISU have ballsed-up on many fronts, but you cannot blame them for the apathy of the Coventry population. The Cov Telegraph ought to be running a campaign to fill out the ground for at least one season, but they go for the easy target of ownership.
That's not a variable. That is pipe-dreaming. If you want to include Juke and the loanees and HH, then you may as well say Juke + signing one + signing two + signings three and four. The team is cash-strapped, nobody comes in before somebody goes out; that's the way it's been for a couple of years now.
Look this club had been living on borrowed time financially for many years. We must be the only club that have gone down and after the parachute cushion retained league one status and / or not fell into administration.
Crowds are very poor given the size of the city. Sisu are business focused and cannot be expected to have affinity with the club. We are a white elephant to them. In truth I am amazed that they still back this club at all. I would have pulled the plug last year.
It's an unholy mess. Elliot and ransom are culpable and the fool mcginnity should have pushed admin on us years ago, we are existing on life support. There are no solutions until the public support the club in numbers and generate revenue.
To me Hoffman is the voyeur looking on. It's very obvious the money he has is limited and he wants the club for nothing. For a so called astute business brain this is arrogant and stupid. If you spent £30 million on an investment opportunity would you give it away for nothing? No you wouldn't.
Ultimately we will get what we deserve.
Look this club had been living on borrowed time financially for many years. We must be the only club that have gone down and after the parachute cushion retained league one status and / or not fell into administration.
Crowds are very poor given the size of the city. Sisu are business focused and cannot be expected to have affinity with the club. We are a white elephant to them. In truth I am amazed that they still back this club at all. I would have pulled the plug last year.
It's an unholy mess. Elliot and ransom are culpable and the fool mcginnity should have pushed admin on us years ago, we are existing on life support. There are no solutions until the public support the club in numbers and generate revenue.
To me Hoffman is the voyeur looking on. It's very obvious the money he has is limited and he wants the club for nothing. For a so called astute business brain this is arrogant and stupid. If you spent £30 million on an investment opportunity would you give it away for nothing? No you wouldn't.
Ultimately we will get what we deserve.
I was with up until 'Hoffman is arrogant and stupid for not shelling out'.
Crazy talk.
Haha - it's not Hoffman's money and decent businessmen won't just shell out what these arseholes SISU want.
SISU got the fans' share for nothing remember. I can't believe you're backing them while they relegate your club. Mental.
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