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  1. oldskyblue58

    Coventry City fans to discuss possibility of supporter-led takeover

    Its one thing the Members of the Trust Board understanding, for it to work the fans in general have to buy in to it. So that the general principles are known better, as is what can and cant be done. Given the apathy to the Trust it is better in some respects to have people who have been through...
  2. oldskyblue58

    Coventry City fans to discuss possibility of supporter-led takeover

    This meeting is not going to give you the plan, so do not expect it to. It will tell you how it could be done if there is a willing seller - which by all accounts there isn't, and how other clubs have got on. Fans ownership is not a single model there are options. This is early days and getting...
  3. oldskyblue58

    Coventry City fans to discuss possibility of supporter-led takeover

    I can tell you now it is not a stunt and none of the old faces have been involved Everything has to be explored, it might not work for CCFC, there might be better options, events may overtake it, but at least the Trust can make informed decisions and will have provided an option The idea...
  4. oldskyblue58

    SISU 2016 Accounts

    Frankly guys I am beginning to lose the will to live correcting the gobbled gook coming from some of these self appointed financial commentators. Honest questions or points raised by CCFC fans are one thing and I am always happy to help, but some "commentators" who set themselves up as knowing...
  5. oldskyblue58

    SISU 2016 Accounts

    no physical cash repayments shown on the 2015 or 2014 cash flow statements some of the ARVO debt & interest was converted to preference shares £471k ARVO are owed 7,736,820 in capital total and rolled up interest of 2,762,076 as of 31/05/2015 interest on part (1.7m capital amount ) appears to...
  6. oldskyblue58

    SISU 2016 Accounts

    What frustrates me immensely is that there is enough to go on to attack SISU and their ownership of CCFC without making huge assumptions that actually are tenuous at best, but others take as fact. Now there may be some benefit to SISU somewhere in this but the accounts do not show any direct...
  7. oldskyblue58

    SISU 2016 Accounts

    I would think part of their turnover was derived from this sale Abacus Alpha GmbH acquires Airinotec GmbH from SISU Capital Ltd They seem to have been doing business through SISU Capital International Limited for some time. But there is no info I can find for that company
  8. oldskyblue58

    "The Pertinent Question"

    Key is the debt and preference shares certainly. However it is the same principle the expectation will not match the reality. Anyone settling out the debt is unlikely to match expectations in an arms length transaction, because SISU have no place to go with it all. A purchaser is in the position...
  9. oldskyblue58

    Fantasy Sky Blues Talk Sunday League XI

    surely with my new hips I must be pushing for a game !!!! not just sitting in the posh seats :happy::facepalm:
  10. oldskyblue58

    Respect

    and I still didn't make the list .......... perhaps I should give up ;)
  11. oldskyblue58

    "The Pertinent Question"

    Wolves Both the trading company and immediate parent company show annual profits and Net Assets on the Balance sheet (Consolidated net assets 31 May 2015 49m) Stadium & training facilities valued at over £50m To expect £30m for CCFC would seem on that basis hugely hopeful to the point of...
  12. oldskyblue58

    "The Pertinent Question"

    Not saying your questions are wrong CD but this is not going to be a quick process. Needs momentum and part of that is asking questions
  13. oldskyblue58

    "The Pertinent Question"

    Didn't the Swansea model have a 25% fans interest? that started at the bottom of League 2 I believe. Think you have to play a longer game and build up interest, pressure and momentum. Any realistic offer is not going to be acceptable to SISU because of the realistic to expectation gap. So...
  14. oldskyblue58

    "The Pertinent Question"

    viable for who CD? because there would seem to be a big gap between what SISU would need to realise to go and what any rational purchaser would value their purchase at. It seems to me that in every negotiation that SISU have had to date regarding CCFC starts at a point, agrees something in...
  15. oldskyblue58

    The pies and pasty issue - the plot thickens

    Without knowing the terms of the contracts we don't know do we. But it is not one single contractual relationship. There is a contract between ACL/IEC and Otium t/a CCFC. That is a contract for hire of space on match days. Does that contract include the provision or ability to purchase hot food...
  16. oldskyblue58

    "The Pertinent Question"

    I think a lot people make the assumption that the Trust do not have access to appropriate legal and accountancy advice or other professionals with the relevant experience in running football clubs or fans share ownership or indeed corporate acquisitions. Those assumptions would be wholly...
  17. oldskyblue58

    The only way to hurt sisu

    Doesnt what i started my post with also provide the counter point to what you are saying though. I choose when or whether to get involved or not. Is it not the same for JS and TF JS simply does not issue statements, she would not be the contact with FL, she can delegate anything to her...
  18. oldskyblue58

    The only way to hurt sisu

    Comments. Not going to get in to discussion about this, it is my busiest time of the year and i am playing catch up following my operation - I "pick holes" in someones argument only when i consider what is said is fundamentally wrong. I do this because over a number of years i have spent time...
  19. oldskyblue58

    The only way to hurt sisu

    Except they are not nor ever have been a subsidiary of Sisu.
  20. oldskyblue58

    SISU 2016 Accounts

    Thanks and I agree with your bottom line......... right now I think the owners expectations would be too high
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