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  1. oldskyblue58

    Some financial matters

    I think people might be putting 2+2 together and making 5 about Venus. He might have a property company that doesn't mean he is developing Ryton I think his appointment might have been simpler than that. It could have been known that CA was thinking of leaving so they got someone in to cover...
  2. oldskyblue58

    Some financial matters

    The property was secured specifically against a loan a few years ago( well before administration) but that charge was cleared (before admin). That was a mortgage in the conventional sense. Had Ryton been sold then the mortgage gets paid from the proceeds before anything else The situation we...
  3. oldskyblue58

    "We need to keep working hard and plugging away. If we do that the first win won’t be too far away"

    They all keep saying it but need to make it happen. If we win tonight we will still be rock bottom................. Also the TM interview on CWR saying he wont stay if he is a burden to the club............ hard to see why he would say that unless his days are numbered, wonder how many games...
  4. oldskyblue58

    SCG Meeting Minutes

    am I right in thinking the final approval of the minutes comes from CCFC?
  5. oldskyblue58

    SCG Meeting Minutes

    Well one interpretation of that is that we are not self sufficient without significant player sales. That the 2016 financials can be expected to show an operating loss again (it is stated before player sales and interest payable), which means rolling up more debt. Given the fall in this years...
  6. oldskyblue58

    SCG Meeting Minutes

    the intention of the SCG is good but in practice if fails, and it fails because very few of its members represent or canvass the fans in general. It all seems a bit self important and as a body impotent. They seem very comfortable in their own importance doing nothing. There are good people on...
  7. oldskyblue58

    Sisu gone on Monday? Yanks are coming!

    I heard Linnell make the comment and just thought he was stirring the pot because the guy called in from USA. Everyone knows there are people from USA looking at clubs in England. Linnell did qualify things with words like could, maybe, perhaps. If there was nothing to it, and that's the...
  8. oldskyblue58

    The end of Sisu?

    The debt due from SBS&L to Sconset hasn't been written down. The loss was, if I am right, the original investors in funds A - E being bought out for a nominal sum by Sconset (which basically took place in house). But it is a similar principle to how they arrived at CCFC in 2007. Buy debt in low...
  9. oldskyblue58

    Gilbert's Book

    got to say that this last week has been some very hard core marketing just to promote and sell a book ;) ............... just to be clear I am joking !
  10. oldskyblue58

    The end of Sisu?

    I doubt SISU Capital is the sum total of the Seppala empire either Which is kind of the point...... things are so obscured that things can be hidden, moved, rejigged or even new starts that means the pressure on the decision maker is not actually what it might seem
  11. oldskyblue58

    Sisu gone on Monday? Yanks are coming!

    that would depend on what they were being advised about eg...... clearly they should never have listened to Ranson and v Onye I would think the advice on how to break the lease was accurate - but they then pushed it too far However I think most people if they looked at it from SISU point of...
  12. oldskyblue58

    The end of Sisu?

    Interesting summary by the OP. It is of course opinion, and it may well be right. However some seem to be taking it as fact which it is notand I prefer to keep an open mind on whether SISU are about to go bust. The last set of figures from SISU Capital were not great but it still left them with...
  13. oldskyblue58

    Sisu gone on Monday? Yanks are coming!

    I would think the best advice being given to SISU is to keep quiet and to ride it out. Lets be honest they are not well known for their communication and its quality. If they came out and made a statement even just "the club is not for sale" then it will only stoke the fires. Keep quiet and at...
  14. oldskyblue58

    Sisu gone on Monday? Yanks are coming!

    Would be interesting to know what CRFC take is on the goings on last week. Has it affected how they view the potential partnership at BPA, do they feel more or less secure in that partnership? Or the sponsors Allsop & Allsop how do they view what is going on and how it reflects on their brand? .
  15. oldskyblue58

    Sisu gone on Monday? Yanks are coming!

    it might set the lower limit of what ARVO were prepared to accept
  16. oldskyblue58

    Sisu gone on Monday? Yanks are coming!

    just an opinion but whatever it takes to settle ARVO - anything down from £8m. However that depends on what SISU's objectives are (the biggest unknown in all this) - it may be they have no desire or need to sell
  17. oldskyblue58

    Sisu gone on Monday? Yanks are coming!

    Otium is worth very little probably £1 currently. Anyone coming in has to cover 3 things financially, - the amount to settle out ARVO (I suspect that Sconset took on the 5 original funds for a pittance so whilst in SBS&L accounts it says £28m it actually cost Sconset next to nothing to pay out...
  18. oldskyblue58

    New investors

    nope but are SISU putting more funds in ...... so the follow on from that would be .............. cost cutting, player sales, asset sales or bankruptcy
  19. oldskyblue58

    New investors

    has their (SISU) bank balance changed the clubs may have but if owners not putting more in how has theirs ccfcway? i hear what you say Kingokings but where do they take it after the petition dies down, where do they take their campaign in say a months time, when say results have hopefully...
  20. oldskyblue58

    New investors

    I know everyone hopes something is going to happen and that SISU will be on their way but what has actually changed. So some thoughts. - They are seeking planning permission on Ryton and a proposal is included in the RBC 15 year plan - so hardly imminent so no sale soon planning could take many...
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