What is plan B? (1 Viewer)

Grendel said:

Giving them the Ricoh is fine by me - its the only solution.

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Good solution for Sisu would probably be a disaster for ccfc !!!!

Tonylinc said:

And what they do with it?

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They sell it and the team to a new owner.

sky blue john said:

Good solution for Sisu would probably be a disaster for ccfc !!!!

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Worse than playing in Northampton?

Tonylinc said:

Grendel; you really don't have a clue do you?

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So you'd rather stay in Northampton?

Tonylinc said:

No I would not BUT Tim is building us a new stadium.

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Bored good night enjoy your wumming !!!

Paxman II said:

I'm not so sure tonylinc that the idea of stressing ACL is still the objective. It was, has been but I believe they may have moved on from there. According to some opinions ACL are perfectly capable of continuing into profits without the football club so with the football club no longer a tenant then they are no longer distressing anyone accept the fans!

Plan B must be to sit back and wait for an offer from ACL/CCC to return at much more favourable terms. And before you say they already did that please note that no offer has been made formally to anyone yet that is either legitimate or otherwise.

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I was thinking through this question the other day and remembered Fisher recently stating that when SISU bought CCFC they identified two possible ways to make profit:
1. Take the club into the Premiership and then milk the money this provides, or
2. The normal SISU operation which is to turn round a failing business and sell it for a profit.

Now, if you consider that option 1 is a long way off and involves a huge amount of financing to build the new stadium etc then the only reason they can be holding on to CCFC is for option 2. To create an attractive offer to buyers they would need to:
A. Unite the stadium and the club, and
B. Demonstrate a positive future on the pitch

Deadline day's passing brought home a thought to me that SISU have actually achieved both of these things. By refusing to sell key players at a time when we're scoring so freely any prospective bidders would feel confident the team will progress and open up revenue for the future. Inadvertently, I think, by moving out of the Ricoh SISU have demonstrated that there must be a uniting of the club and stadium. Rumours that ACL will deal with Byng or Haskell would suggest that whoever it is that buys the club will almost inevitably be guaranteed the purchase of the stadium (or 50% with management of it). Therefore, without actually owning the Ricoh SISU have tied the stadium and club together.

None of this is to praise SISU. I am firmly in the NOPM camp and believe their tenure as owners has been awful (in every way). I just think that, possibly, a very hard-nosed exit strategy which reduces losses to a minimum could now be in place. Like so many people I just cannot see that a hedge fund would prop up a football club just for the love of the game. I hope this isn't just wishful thinking, just a train of thought which tried to work out what was in it for SISU.

RFC said:

Said this from the outset, CCC & ACL NEED the Sky Blues more than they need the Ricoh, it's not 'rocket science' is it ? PUSB!

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What evidence do you have for this, it's slightly absurd to claim that ACL need our club more than they need the Ricoh. They have always claimed that they can survive without us and they haven't gone bust yet. It doesn't mean that their claim is correct just that there hasn't been anything to prove otherwise.

I have to say I always thought that plan B was building the new stadium, which was what Tim promised us at the forum and then has repeated subsequently. The fact that we appear to be no closer to seeing anything concrete (if you'll pardon the pun) about the new stadium makes me think that we could be in Northampton for a long time if ACL can actually survive without us. I hope SISU have the stomach and the bank account for a long period of bankrolling us playing at Northampton to dwindling crowds. I say this because unless Tim, Joy or someone else who has some level of seniority at the Club/SISU does something about agreeing a deal to play at the Ricoh there may not be a deal to do. ACL are a business and will have to do something else with the pitch area be it ladies football or monster truck racing or whatever. Once they do this it will be very hard for us to go back there and that combined with the lack of planning applications to any local council near the city makes me nervous that we could be spending a long time at Sixfields.

Plan B could well be to try and get promotion to the Championship this season. SISU could then take the cash windfall to cover funding the low gates this season and sell up.
No idea what plan c is if this doesn't work

Chorlton makes some good observations but I think that is slightly off the mark imo. Think they will sell when they either build a stadium or unite it with the Ricoh. It's important to remember the argument of charging enormous rent to the club if they get the Ricoh is false. The agreement to buy in on a long term lease would be very specific on exclusion clauses ensuring that could not be done. The deal would favour the football club for all time but give SISU an exit in selling the club with a stadium lease and more of the revenue streams. For me this is the obvious requirement and probably the eventual outcome.

Tonylinc said:

Mortgage it up to the hilt, charge a bloody fortune for the team to play there and sell it off to the biggest bidder.

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but isn't this was we all want, if you don't want SISU there. I have said this from the start, NOPM will not work they will not simply sell the club if they are not making money. If the club is in a great condition and in a sellable position, then SISU will sell up! Mission completed!

James Smith said:

What evidence do you have for this, it's slightly absurd to claim that ACL need our club more than they need the Ricoh. They have always claimed that they can survive without us and they haven't gone bust yet. It doesn't mean that their claim is correct just that there hasn't been anything to prove otherwise.

I have to say I always thought that plan B was building the new stadium, which was what Tim promised us at the forum and then has repeated subsequently. The fact that we appear to be no closer to seeing anything concrete (if you'll pardon the pun) about the new stadium makes me think that we could be in Northampton for a long time if ACL can actually survive without us. I hope SISU have the stomach and the bank account for a long period of bankrolling us playing at Northampton to dwindling crowds. I say this because unless Tim, Joy or someone else who has some level of seniority at the Club/SISU does something about agreeing a deal to play at the Ricoh there may not be a deal to do. ACL are a business and will have to do something else with the pitch area be it ladies football or monster truck racing or whatever. Once they do this it will be very hard for us to go back there and that combined with the lack of planning applications to any local council near the city makes me nervous that we could be spending a long time at Sixfields.

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ACL need the club more than the otherway round for the simple fact that they have a football ground!!! They are very limited to what they can do with the stadium and talk of rugby clubs etc moving is in is rubbish. ACL clearly are not going to come out and say this but the fact they borrowed money of the council is a bit of a worry.

I agree on the new stadium, it certainly isn't going to be in Coventry for starters!

Paxman II said:

Plan B must be to sit back and wait for an offer from ACL/CCC to return at much more favourable terms. And before you say they already did that please note that no offer has been made formally to anyone yet that is either legitimate or otherwise.

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They need it on headed paper, right? Stop making excuses for the people killing your club Paxman. You're fighting for the wrong side.