Beware a woman scorned (1 Viewer)

Forums New posts
J

jesus-wept

New Member
An old but very true saying. With these revelations about Joy Sepalla basically saying I want the whole Ricoh or else, now that is in the public domain what could she do and how far will she go in spite and believe me spite could come in it. She is owner supreme make no bones about that. Would she wrap the business up ? Can she do that ? We had that company in Warwickshire last week employing over a 100 just pull the shutters down, no hint, no discussion nothing.Is there rules that have to be followed ?
 
D

Deleted member 4232

Guest
Joy might be owner of the football club, but she will surely have creditors and investors to answer to. I bet that's the reason she is in the states, she is getting a bollocking.

Probably apologizing to all of the people who's money she has lost.
 
V

valiant15

New Member
At the risk of sounding more dumb than normal but have sisu lost a load of cash because of the liquidation?
 
W

Wm65

New Member
italiahorse said:
They had no buyers.
Click to expand...


If you own something you can either sell it or bin it - sisu do not have to sell, if they wish to wind up the club thy own then that is their option - it would seem odd if they did so but they could if they wanted to.
 
S

Sutty

Member
valiant15 said:
At the risk of sounding more dumb than normal but have sisu lost a load of cash because of the liquidation?
Click to expand...

I think I'm right in saying they don't have to recognise any loss on their balance sheet until they no longer own the club. Their investors probably don't even know that some of their money is going down the toilet.
 
oldskyblue58

oldskyblue58

CCFC Finance Director
sorry Sutty I dont think thats right. SISU are obliged to give their investors an annual investment report as a minimum. That investment report will indicate the current value of their investments together with the amount invested. The investment has had nil value for years.
 
italiahorse

italiahorse

Well-Known Member
oldskyblue58 said:
sorry Sutty I dont think thats right. SISU are obliged to give their investors an annual investment report as a minimum. That investment report will indicate the current value of their investments together with the amount invested. The investment has had nil value for years.
Click to expand...

This is where it gets complicated for me.
Surely the investment reports would feed automatically (Spreadsheet wise) from Company accounts. Yet these company accounts never get submitted.
When I do my accounts (Quicken) I can automatically pull off any other reports (borrowing, debtors etc) I want instantly.
 
B

Buster

Well-Known Member
oldskyblue58 said:
sorry Sutty I dont think thats right. SISU are obliged to give their investors an annual investment report as a minimum. That investment report will indicate the current value of their investments together with the amount invested. The investment has had nil value for years.
Click to expand...
Buy the Ricoh for peanuts , get it valued with a football team playing there ,bingo. The next investment report looks remarkably good ! Joy's plan from the start . Question is will the resistance be there long enough to deny her
 
R

RPHunt

New Member
Buster said:
Just a very intelligent ruthless lady intent on bending rules ,using the courts and the law to her advantage .posession is 9 tenths of the law and she's just been handed the golden share back.
Click to expand...

Not sure about this description of her or the other worshipping of her that seems to go on - making her out to be a cross between Margaret Thatcher and Wonder Woman.

With her recent record and camera shyness, I would suggest she is more of a cross between Anne Widdecombe and Forest Gump.
 
S

SonOfSnoz

New Member
For all we know, CCFC might be owned by a million investors, who all put a quid in. Joy is the fund head & that million is just recycled. So if CCFC was shut down, would it really be a big lost to faceless investors?
The only loosers are the citizens of Coventry!
 
deanocity3

deanocity3

New Member
oldskyblue58 said:
sorry Sutty I dont think thats right. SISU are obliged to give their investors an annual investment report as a minimum. That investment report will indicate the current value of their investments together with the amount invested. The investment has had nil value for years.
Click to expand...

if you have a cov building soc acc you get a run down each year on the companies investments etc and balance sheets
 
hutch1972

hutch1972

Well-Known Member
Sutty said:
I think I'm right in saying they don't have to recognise any loss on their balance sheet until they no longer own the club. Their investors probably don't even know that some of their money is going down the toilet.
Click to expand...
So are your saying no books have been produced ? That doesn't sound like sisu to me !
 
B

Buster

Well-Known Member
RPHunt said:
Not sure about this description of her or the other worshipping of her that seems to go on - making her out to be a cross between Margaret Thatcher and Wonder Woman.

With her recent record and camera shyness, I would suggest she is more of a cross between Anne Widdecombe and Forest Gump.
Click to expand...

Please don't confuse my discription of her with any sort of praise. We can only beat her if we understand her ways ! Know your enemy. She's not to be underestimated
 
You must log in or register to reply here.

Users who are viewing this thread

Total: 2 (members: 0, guests: 2)
Top