We can't afford you Sisu !!!!! (1 Viewer)

sky blue john said:

No more debt !! No more debt !!
Sisu are like a cancer and we have to cut them out !!!!

on the current 70 million of debt dumped in our club under the banner of interest and fees. Say Sisu Arvo charged us a yearly interest fee of 5% that would be 3.5 million per year that is probably over half our yearly income and they want to add more !!!!!

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Godiva said:

I am sure if you have been reading a few posts on this forum over the past few days you will agree the debt level is something that will be discussed at the forums.

Why not wait and actually listen to the answers and explanations before concluding if the club is actually in £70m debts and if the current sisu loans attract any interest or fees?

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Ashdown1 said:

Wonderful, the debt is there when they want it and gone again when they don't. Its bullshit and you know it. No one wants these crooks in Coventry, only the deperados who honestly cannot come up with an alternative Saturday. Starving these bastards of cash is the only way now !

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sky blue john said:

No more debt !! No more debt !!
Sisu are like a cancer and we have to cut them out !!!!

on the current 70 million of debt dumped in our club under the banner of interest and fees. Say Sisu Arvo charged us a yearly interest fee of 5% that would be 3.5 million per year that is probably over half our yearly income and they want to add more !!!!!

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stupot07 said:

Do you think a new owner will give money to the club or invest through loans?

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sky blue john said:

obviously agreed but i would hope a new owner would do it in a straightforward manner and not mortgage and factor everything !!!!

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Bluegloucester said:

It will be via debt (loans) or equity, no one will make a gift to the club.

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sky blue john said:

Are you for real ?
We have in house loans with Arvo how else do you think they have created 70million debt?
They factor season tickets every year !!!

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