Will SISU still be in control next season (6 Viewers)

CovisGod · Apr 21, 2017

Curious as to know how many people think a takeover will actually happen and how many people think SISU will dig there heels in and not sell up.

I know we have a few takeover threads so feel free to use them to discuss, I'm just incredibly curious of totals, and how many people think a new dawn is just around the corner.

rob9872 · Apr 21, 2017

Sadly they will nut I feckin hope not!

skybluetony176 · Apr 21, 2017

You need a I haven't got a clue option because personally I haven't got a clue.

skybluebeduff · Apr 21, 2017

I'm losing hope of them leaving put it that way.

Nick · Apr 21, 2017

Ask some bookies for odds, see if they can give any.

hill83 · Apr 21, 2017

oucho · Apr 21, 2017

Unfortunately i think they will still own the club in 4 months time.

They won't be 'in control' though, that's a very different thing to owning the club. They havent been in control since day 1.

ajsccfc · Apr 21, 2017

I'm saying yes. When we had that march from Gosford Park a radio man asked me if I thought we'd be back at the Ricoh that season and I said no way, so it's possible I have jinx powers.

westofrayne · Apr 22, 2017

yes they will, they have too much money tied up in loans that they will want a return on. nobodys going to come in a take on 30+ millions in loans before trying move the club forward.

from SISU's statements the club is breakeven/near to breakeven, so why sell? if you take away the emotion and simply look at it as a business (which they are), breakeven is OK for them, yes the debt with regards to loans increases year on year but they don't have to put money into the club to keep it running.

the offers, as far as I can see, don't really address the loans, unless I've missed something, yes they would get some cash for the club, with some future payments, but where would the loan debt go?

SISU will be holding out hoping someone comes in with a much higher offer and be willing to take on the debts, there is nobody, as far as I can see, will to do that.

rupert_bear · Apr 22, 2017

Sisu have hurdles to consider mainly the ground one I don't think they have a viable alternative to the Ricoh, if there is one where is it ? that could leave them in 12 month time with something they can get an eventual 10millionish now or nothing in a year. If this peters out to nothing I suspect the expected lower season ticket up take to fall further they will have to put money in or call in the administrator I don't know how that would pan out when our debts seem to be all owed within the sisu group. I also think if this comes to nowt we might be looking for a new manager as Fisher will have to reduce budget pretty drastically will MR accept that ?.

Sisu have gone from a company of 30 odd employees with swankey offices in Mayfair to about 10 with a lot smaller base elsewhere in just a couple of years or so, I don't think they are awash with money

Super Graham Withey · Apr 22, 2017

SISU will go when they are prepared to crystallise their losses in CCFC and effectively admit defeat. No new owner will give them back anything near the money they have lost in CCFC. Joy Sepalla will not admit defeat and walk away and why would she if the club can break even going forward. Tim Fisher effectively told us this in the interview he gave CWR at Christmas. Fisher also told us that reduced season tickets would simply translate into a reduced playing budget, in order to maintain a break even position. So I think SISU will be here unless something within their organisation gives them an opportunity to write off their investment in CCFC and go.

ecky · Apr 22, 2017

10 years of failure
Time to go

Senior Vick from Alicante · Apr 22, 2017

I dont think they can afford to walk away, not unless they have some very creative accountants. Any losses at the minute can offset gains in other funds even though there only paper ones. This is one for OSB, could crystalysing the CCFC debt or loans put SISU in a position that puts them out of business?

rupert_bear · Apr 22, 2017

Super Graham Withey said:
SISU will go when they are prepared to crystallise their losses in CCFC and effectively admit defeat. No new owner will give them back anything near the money they have lost in CCFC. Joy Sepalla will not admit defeat and walk away and why would she if the club can break even going forward. Tim Fisher effectively told us this in the interview he gave CWR at Christmas. Fisher also told us that reduced season tickets would simply translate into a reduced playing budget, in order to maintain a break even position. So I think SISU will be here unless something within their organisation gives them an opportunity to write off their investment in CCFC and go.

Can the club break even though ? Turnstile revenue will be down, upfront revenue from ST sales will be down perhaps as much as 50% our situation could affect player sale revenue too, why would prospective buyers pay top dollar when they know the seller is desperate for money, I wouldn't.

higgs · Apr 22, 2017

Would it make more sense to invest in the team to get out of league two at the first attempt and increase the value of their asset?

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speedie87 · Apr 22, 2017

If I was in sisu's position I think I'd want £5m up front to walk away, as leave the loans in the company to be repaid in full if ever get back to the prem

Steve.B50 · Apr 22, 2017

for no other reason than spite!

Hobo · Apr 22, 2017

No sure what the point of the thread is? A yes no survey which will have no bearing on whether they are here or not.

torchomatic · Apr 22, 2017

I reckon they will be unfortunately.

tisza · Apr 22, 2017

higgs said:
Would it make more sense to invest in the team to get out of league two at the first attempt and increase the value of their asset?

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That was said in the last transfer window before relegation.
That was said in every season in league 1.
Is there any evidence to suppose SISU will now move away from their breakeven strategy?

Sterling Archer · Apr 22, 2017

Steve.B50 said:
for no other reason than spite!

People don't genuinely think this do they? Seriously?

Like it's been mentioned in this thread, if they're making any kind of profit, then it's something in their portfolio that is ..... wait for it ..... making them profit.

Like I said in another thread, I think SISU should disclose (not necessarily to us, Les Reid or the general public) what they would be accept for the club. This whole "making an offer with a figure plucked from thin air" isn't helping anyone. It's just getting us fans excited for something which is looking evermore increasingly unlikely.

I think SISU will still be here come the end of next season unfortunately. I just can't get optimistic about this.

I'd love for that first game of the 2017-18 season to be under new stewardship in front of 20,000 fans (we're all returning when they're gone ... right?) full of optimism for once but it just seems a pipe dream at the moment.

rupert_bear · Apr 22, 2017

Sterling Archer said:
People don't genuinely think this do they? Seriously?

Like it's been mentioned in this thread, if they're making any kind of profit, then it's something in their portfolio that is ..... wait for it ..... making them profit.

Like I said in another thread, I think SISU should disclose (not necessarily to us, Les Reid or the general public) what they would be accept for the club. This whole "making an offer with a figure plucked from thin air" isn't helping anyone. It's just getting us fans excited for something which is looking evermore increasingly unlikely.

I think SISU will still be here come the end of next season unfortunately. I just can't get optimistic about this.

I'd love for that first game of the 2017-18 season to be under new stewardship in front of 20,000 fans (we're all returning when they're gone ... right?) full of optimism for once but it just seems a pipe dream at the moment.

I fear if sisu ate still here this time next year our football club won't not in the EFL anyway.

COVKIDSNEVERQUIT · Apr 22, 2017

Sadly yes , but the end of next season who knows .
If it looks like relegation to non league and the loss of the golden share !
Sell Ryton and then Sisu might sell .
But by then the club will only be worth a £1

skybluesam66 · Apr 22, 2017

they will be gone, its now just brinksmanship between sepalla and hoffman

ccfcway · Apr 22, 2017

yes, they will be here

covcity4life · Apr 22, 2017

ajsccfc said:
I'm saying yes. When we had that march from Gosford Park a radio man asked me if I thought we'd be back at the Ricoh that season and I said no way, so it's possible I have jinx powers.

You must have talked to him just before video killed him

weecohawena · Apr 22, 2017

Of course. Until a credible takeover bid is received.

ccfcway · Apr 22, 2017

weecohawena said:
Of course. Until a credible takeover bid is received.

which is ?

weecohawena · Apr 22, 2017

ccfcway said:
which is ?

Dunno. Obviously one hasnt been received.

thekidfromstrettoncamp · Apr 22, 2017

weecohawena said:
Of course. Until a credible takeover bid is received.

I think the last one was credible but I do not think Hoff and his team are finished yet there probably talking to more possible investors before making any move .Don' t forget he has been in banking and should know some people who love football with a bit of cash to spare .I think Sterling will get his day in the sun in August.

honestken · Apr 23, 2017

Hope not but most likely they will be.

If they are I wont be getting a season ticket, if they are not I will buy 2 in celebration.

Macca · Apr 23, 2017

Don't see any reason why? The club is in a better position for them than it has ever been

Covfather · Apr 23, 2017

Fooking hope not, everything is wrong with club. Match day experience once again ruined it for me yesterday, got asked for season ticket 4 times yesterday, twice going in and twice to my seat (after going toilet). I'm not going back until Sisu have gone and i was against NOPM but not now I'm fully backing that idea, we need to show them they cannot survive as our owners.

thekidfromstrettoncamp · Apr 23, 2017

Covfather said:
Fooking hope not, everything is wrong with club. Match day experience once again ruined it for me yesterday, got asked for season ticket 4 times yesterday, twice going in and twice to my seat (after going toilet). I'm not going back until Sisu have gone and i was against NOPM but not now I'm fully backing that idea, we need to show them they cannot survive as our owners.

This is what we will get at the moment because of pitch invasions. It will cease if we get new owners we can but hope

Nick · Apr 23, 2017

Covfather said:
Fooking hope not, everything is wrong with club. Match day experience once again ruined it for me yesterday, got asked for season ticket 4 times yesterday, twice going in and twice to my seat (after going toilet). I'm not going back until Sisu have gone and i was against NOPM but not now I'm fully backing that idea, we need to show them they cannot survive as our owners.

So the heavy handed stewarding has put you off?

Will SISU still be in control next season (6 Viewers)

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