This sense of entitlement from folks on here.....instead of reality. (1 Viewer)

[Paxman II]

When will all these comments and remarks about us running out of money in a month or so , or that we are losing 500k a month stop?
SISU have stated publicly they will continue to fund the club for the foreseeable future and that includes to the seasons end at the very least. (I believe Mr Delieu actually said this on the radio last week) they are looking for investors but remain committed to getting the club back on a financial footing. I know we don't like to hear it but that is our current best option folks. We are not losing 500k a month it's now more like half that currently. A cup run or even good league run will see income improve and that may even reduce it further.

Admin is not a possibility any more than me holding a winning lottery ticket.
The various structures of our club set up simply preclude that happening unless SISU wanted to lose everything they have invested already by creating the means to take the club into admin. That would be like asking me to give my car away because petrol prices increased this month another 1p a litre.

So stop spouting on about it at every turn.

Hoffman whether you like him or not failed in his bid process dramatically. I think our Joe Elliot has also been a little naive to say the least so far. If he really wants the best for the club then lets see a proper and workable bid made. Not one made out of fantasy and a little thing called hope. It's serious business, I thought they would have done better. They should go to the back of the class. Time will tell but I frankly don't expect any new bid to re-materialise any time soon.

SISU are still our saviours like it or not. I hate it but it's the best shot we have right now. Calling for them to go is frankly a non starter. Just who do you think is waiting to take over from them exactly?
Yes thought so - no one.

Get behind Andy and the boys and look for the positives.

Rant over :wave:

 

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[ccfcway]

a cup run ?

You do know we are already out of one of them dont you ?

As for "getting behind the boys", happy to do that, as we are selling all of the "men"


And regarding "Admin is not a possibility any more than me holding a winning lottery ticket.
The various structures of our club set up simply preclude that happening unless SISU wanted to lose everything they have invested already by creating the means to take the club into admin. That would be like asking me to give my car away because petrol prices increased this month another 1p a litre"

Well, i was in an estate agents on friday and a guy walked in, and handed his keys over and said "its all yours", as he bought the house at the top of the market, it has now decreased in value, no-one has viewed it in the past 8 months and he is paying a crazy mo0rtgage rate, so he figured it was better just to get repossessed.

I wouldnt be too sure about not going into administration. Once we hve no saleable assets, and incomes is reduced by going down and also dwindling gates, why would SISU continue to throw more and more money at it ?

 

[kg82]

Hah, yeah! Funds till the end of the season, cos they've been SO trustworthy so far! See at the end of the season won't we.

 

[ccfcway]

lets hope we get that far !

 

[The CableGuy]

SISU have stated publicly they will continue to fund the club for the foreseeable future and that includes to the seasons end at the very least. (I believe Mr Delieu actually said this on the radio last week)

I believe Mr Delieu actually said we had a meeting with the council on the radio.

 

[Disenchanted]

Paxman you are going to end up with the type of club you deserve!!!
Sisu believe all football fans are as gullible as you,thank god we're not

 

[Macca]

get sisu out, who in?

 

[Gaz]

get sisu out, who in?

Anyone with a brain will do.

 

[Cornwallskyblue]

a good cup or league run! Really? Do you realize we have to keep our players to stand a chance of going on a good run! So sell players=loose games=less crowds=less money.

 

[GaryPendrysEyes]

Paxman -fans and paying customers have every entitlement to comment and to withdraw their support to Sisu, live with it.
As to administration, of course Sisu may use it if they continue to bleed money and want out. They arent gonna stick around forever with no bidders, losing money indefinitely- are they?

 

[Colonel Mustard]

As to administration, of course Sisu may use it if they continue to bleed money and want out. They arent gonna stick around forever with no bidders, losing money indefinitely- are they?

That begs the question - why have they chosen to continue pumping money in rather than going into administration? The financial issues at CCFC are nothing new.

 

[SkyBlue_Bear83]

Whilst you may have some good points do you truly believe that Mr Duleiu is talking to investors? I know you say "looking for investors" but I am also looking for somebody to give me a 100k but it isn't going to happen. I highly doubt Mr Duleiu will secure any investment or is even talking to any investors.

 

[Paxman II]

I'm not going to explain to you why Admin is such a silly idea if you don't see it yourself. Take a look at how the club is set up under "SISU" to understand it first.

Most of you on here seem to think admin is a new buzz word and will resolve all of ccfc problems.

SISU are trapped in their own net and only finding investors will alleviate their situation. If they in some way managed to wrangle around the rules of company law and made what you all want 'Admin' then they would lose all their 30m+ and then some. Not a bright idea is it?

Putting small amounts in to keep the business going forward is the sensible thing to do. The long term hope of course is that investors will be found sooner rather than later so yes you can bet your bottom dollar they are looking for investors....

 

[Tankie]

Paxo..Lovie!
I,m right behind the lads, no mistake in that.
But looking for positives, is proving my stumbling Block, Can you point me in the direction of one or two please, they seem to be as rare as hens teeth.
The only one I can think of, is we are positivly going down the Drain!
Your Obedient servant Tankie...Bedworthshire :wave:

 

[Jack Griffin]

That begs the question - why have they chosen to continue pumping money in rather than going into administration? The financial issues at CCFC are nothing new.

I don't think they have put money in, they sold Ransons company & borrowed against the next years income to finance running the club. Whoever takes over will probably be saddled with the loan.

If they have a plan to asset strip & exit leaving the finance company holding the debt wouldn't it be illegal? I don't know how they can get monies out of the company though, but they have employed a lot of 'financial advisors' who don't seem to do anything obvious?