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  1. oldskyblue58

    SISU 2016 Accounts

    Which is why it is so important to keep any challenge to what they are doing factual and accurate. To do otherwise allows them to misdirect, cover up and bat away the real questions. The whole thing is deliberately complicated and confusing - people who post on these forums and others making...
  2. oldskyblue58

    SISU 2016 Accounts

    Little more information SISU Capital Group turnover The argument has been that management charges have been made against CCFC by SISU Capital. The other side of this is that SISU Capital Group would have to record that as turnover. If you break down the turnover in the latest set of accounts...
  3. oldskyblue58

    The only way to hurt sisu

    No pretence pal. It's a legal fact. No hiding behind anything. Control does not make them the same entity. Fact. Can one exist without the other ? Yes Indeed Sisu do not actually own any shares in sbs&l or otium. Any capital loss or profit is the investors not Sisu or Seppala Ccfc is not...
  4. oldskyblue58

    The only way to hurt sisu

    No they are not. One might control the other but the same thing they ain't.
  5. oldskyblue58

    The only way to hurt sisu

    Sisu control otium t/a Ccfc. However otium is not part of Sisu. If Sisu walked away then yes Ccfc still exists The club has its own staff etc that have no link at all to Sisu. Fisher likes to make the point they are entirely separate. The reality is that Sisu has final say on the big...
  6. oldskyblue58

    Transfer dealings under sisu

    You need to work it from the published accounts. Roughly speaking (and from memory because it's been a while since I worked on it) for the period from 2008 till 31/05/2015 Transfer related proceeds 15m Transfer purchases 7.5m
  7. oldskyblue58

    Slade knows what he's doing.....

    Seriously give the guy time to get his feet under the table before making big assumptions about him and his ability. He has dealt with problem clubs before but our circumstances are quite unique, especially the structure and asset/ financial base or lack of it. Unlike many problem clubs there...
  8. oldskyblue58

    SISU 2016 Accounts

    Is it ? Sisu invest other people's money not their own. There is no indication of other parties wanting to invest. They have never invested any of their own money except for the 100 euros in each of the original funds .
  9. oldskyblue58

    SISU 2016 Accounts

    As Nick says weeman these are SISU Capital Group not Otium or SBS&L - those for Otium etc are due 28/02/2017
  10. oldskyblue58

    SISU 2016 Accounts

    If you are referring to the SISU Capital profit then you misunderstand because it doesn't depend on selling any CCFC players at all
  11. oldskyblue58

    SISU 2016 Accounts

    Did a little more digging. All complicated stuff and somewhat tenuous so am happy to be corrected Early SISU Capital Partners accounts 2009, 2008 etc seem to reveal that the annual fee was 2% of funds committed (it would seem not the recoverable value). This covered the original A - E funds...
  12. oldskyblue58

    SISU 2016 Accounts

    ;) Goldfinger Seppala and her henchman oddjob Fisher have me holed up in deepest darkest London, trying to dig my way out with an old silver spoon and a mustard pot but it is taking forever!!!! :D
  13. oldskyblue58

    SISU 2016 Accounts

    anything is possible. However the way I read it is that SISU Partners take a cut of the profits in each fund which then pays SISU Capital. So its not, it seems, direct from CCFC. Can not think of much that has been created as profits from the funds ownership of the shares in Otium though, only...
  14. oldskyblue58

    SISU 2016 Accounts

    Doesn't mean that the fans should stop protesting against the owners though............ even better if there could be some unity in it too
  15. oldskyblue58

    SISU 2016 Accounts

    What this backs up is the stuff coming out of Fishers mouth about CCFC not costing or damaging the owners. They have parked CCFC and allowed it to find its own level on its own means. The performance of CCFC or fans actions are not hurting SISU day to day. It might frighten off some potential...
  16. oldskyblue58

    SISU 2016 Accounts

    Also it would seem there is no provision for any court costs in the SISU Capital group accounts. That would seem to imply that the court costs for JR1 and all the other shenanigans are being met by the plaintiffs (ARVO & SBS&L) or third parties. SBS&L Of course has no real funds to speak of...
  17. oldskyblue58

    SISU 2016 Accounts

    Got a feeling they would stay to see if they could find another one :(
  18. oldskyblue58

    SISU 2016 Accounts

    we don't, it is a matter for the directors and auditors and they will not be discussing it publically. Just to be clear I am at no stage suggesting there is anything wrong or illegal going on. I do not have the information to explain it that's all, and will never have access to it
  19. oldskyblue58

    SISU 2016 Accounts

    CCFC own the players and have to under FL rules. 3rd party ownership is banned. So any sale of any player has to be declared in the CCFC accounts. However how the proceeds of any sale paid to Otium are then applied is a different matter. The directors of Otium are quite within their rights to...
  20. oldskyblue58

    SISU 2016 Accounts

    For those who are interested in how our owners are performing financially copies of the 31/03/2016 accounts can be found here SISU CAPITAL LIMITED - Filing history (free information from Companies House) Seems they have increased turnover reduced costs and turned a £280K loss (2015) in to a...
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