I think a measure of the man is the out pouring of shock, appreciation & sympathy here and the football world in general.
You don't get that unless you leave this world better than when you found it and I don't mean just on the pitch. He made his mark in so many ways. Sad day
Very sobering and sad news, far too young
A legend, a class act, not just a sky blue hero but a football one too, and a gentleman. Thank you Cyrille for some brilliant memories
Best wishes to his family
RIP Big Man
You understand that dissolved is an end game don't you after which CCFC (FA Cup winners, Checkatrade winners, the Jimmy Hill club etc) ceases to exist. To start again means something completely new and non league with no guarantee of getting back to the EFL any time soon or ever. Clubs like...
I think you are starting from the premise that they actually care what the fans and City of Coventry think - they don't. This is simply about recovering their position any way they can and making sure the potential loss of capital doesn't grow any more by putting more money in. It isn't even...
Are the lost fans NOPM so making a decision on Ccfc finance or simply customers going elsewhere. The former decide to hurt the club finance by some skewed logic that it hurts Sisu the latter simply look for value and have alternatives
I am far from convinced that the majority of those fans lost...
I think as the manager he has to say much of what has been reported. He has to encourage people to go but i just wished he had focused on how the team is now performing not allowed himself to get drawn in to the off field stuff.
I am as sick and tired of all the off field stuff as everyone, I...
The only way you should buy CCFC is by buying the assets only. The money would be paid to Otium. Then Otium would settle its debts out of that money (eg pay ARVO loan off). No one in their right mind would buy the debt baggage that SISU have created and the interest burden that goes with it
To...
the £21m was no such thing. The fitting out of the stadium was a separate item of over £5m
The £21m was dressed up as a one off lease premium instead of paying an annual rent of £1.9m. It actually matched the prudential borrowing the Council had to repay I believe (I haven't rechecked)
also...
Yes I know what you mean - more detail simply put
No great mystery to the transfer fees one classes it as normal trading the other doesn't and shows it as a separate item
Interesting that a club that owns £12.7m in property and has a net asset balance sheet of £1.85m is worth a deal of £10m...
very chatty style, obviously irked by some things.
Pages 28 & 29 are interesting. On the basis that football club incomes and costs tend to be similar in terms of type its interesting to extrapolate them to CCFC (Otium). There is a lot of discussion about the direct costs and administration...
No if the buyer is taking on the 130K debt he pays you £70k (200 less 130) you walk away with that. If buying just the assets you walk away with £200k and the £130 debts
But no one in their right mind would take on the shares of Otium because it means you are taking on all its assets and all...
Whilst he was just saying " I am bidding for the club" or "I am buying the club" then it is just fantasy lies, but when he started allegedly doctoring documents he had no right to, to support his claims, that is when it may be considered a deliberate fraudulent act (whether he understood that...
think you are missing the real point. On the face of it, it would seem he could have committed fraud, that is a criminal offence. It may turn out not to be the case but until investigated we would not know like I said I am not a lawyer. Nothing to do with a claim by SISU or Clapham & Collinge...
Fraud doesn't have to involve large amounts of money and it is a criminal offence. Has damage been actually caused or loss suffered? well the Fraud Act says that this doesn't actually have to happen for an offence to occur. Claims by SISU and others would be civil cases
The guy may or may not...
He could be in bigger trouble than SISU
The Fraud Act 2006: repeal of the deception offences in the Theft Acts 1968 - 1996 - GOV.UK
Fraud can carry a 10 year sentence. People (not just CCFC related) have spent money on the basis that he was what he held himself out to be
"There are two basic...