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You could look at relegation being as being the biggest danger. The club can survive without a Cat 2 Academy, certainly in the short term. It is unlikely that Wasps would actually kick us out, but at the same time a new improved deal being negotiated is something different, so long as Wasps are...

Question At what point in this development does a player have value and adds to the financial structure of CCFC? The Academy builds a player to a certain point and value (that value would be the compensation due at that point perhaps?). The current rules would seem to restrict value of Academy...

Just back from a great holiday in Crete and whilst there read Big Sam's autobiography. Interesting read and a couple of things I took from it are - Confident in his ability - tells it straight and quite bluntly, but is measured in what he says, and understands why he is saying it - good with the...

From the cash flow statements in the accounts 2008 to 2015 Total loans received £52.97m - of that £4.6m is from monies advanced as a loan by purchaser against the sale of Prozone Total loans repaid £10.8m - including £4.6m Prozone loan repaid Preference shares issued to repay loans (and some...

The lease extension could still only be offered to ACL Can see that side of things NW certainly. On the other side their stewardship can be portrayed as amateurish, lacking direction, ill considered and their principle allowed investment in the first place on a poorly researched and reasoned...

Secretary of State has 21 days to decide http://planninghelp.cpre.org.uk/planning-explained/planning-applications/call-ins/notifying-the-secretary-of-state So this time next week we, or at least Wasps & CCC could know. Not sure that the Secretary of State has to place any weight on CCFC's...

From a CCFC point of view it would be a complete disaster - extinction. It is not a way to restructure the club or even start again From investors point of view then if they were looking to create some capital losses I suppose its possible but that's going to be purely an investment decision...

what are the regulations for disposal of shares? Which is the deal done in 2014 What are the regulations for extending the lease of an existing lessee? The ownership of the leases still remain with ACL & ACL 2006, the lease extension was never something that could be offered to the open market...

Think this where you have look at the time line and dates of transactions. There may have been an agreed intention to do a lease extension by 14 November 2014 when the 100% purchase of the shares took place. However I suspect in law that the 250 year lease does not exist until both parties have...

Sorry about how the file looks. From SBS&L 2015 accounts

Can we get some things straight about liquidation. - it is not administration there is no coming out the other side and carrying on under a different ownership - a liquidator sells everything he can, but it is no longer a going concern so the values are often very much lower than you may...

Yes the club is more financially stable. Is it an actual strategy or is it that the investors have said no more funds take your pick. But in theory the debt burden is not getting larger and the club is only spending what it gets in - assuming that the interest is not demanded What it does set...

mute point really. The application for administration was at the end of a series of legal actions that were all uncontested and formed a process. That process could be argued to have began with the ARVO charge separating the assets from the liabilities during a time that CCFC assets moved...

I have to say that did make me chuckle Weeman ! :)

just curious ....... if the Trust had or indeed did come out against Wasps would those criticising the Trust currently then give general support to their current statements?

The auditors didn't value the lease a firm of professional valuers did for the security of the bond issue. Details are in the bond issue docs. You have to assume that a large firm of professional valuers reporting to the London Stock Exchange knew what they were doing. It was also the lease...

Couple of points - if you take it at face value the club said early this year (I think) that they got their sums wrong and the break even of 11K attendance per match was short of what was required. Therefore unlikely to any lee way in the figures for the attendances being just over 12k per game...

and yet they (CCFC) still might not own any rights to the ground and therefore the various income streams including naming rights - Wasps would, and could happily sit on the back of CCFC being in the Premiership. Wasps do not have to create a deal favourable to CCFC, and any deal will make sure...

Lot of talk recently about the Football League. So I took a look at the last published results. Can be found here https://beta.companieshouse.gov.uk/company/00080612/filing-history Last set of accounts to 30/06/2015 filed last November. Click the link on the above page and it will take you to...

That is certainly a picture that can be painted Nick and mainly from one side or slant, the only way a truth comes out is in court however. I think we as fans rely far too readily on mainly media output, assumption and hearsay, there is a lot more that goes on behind the scenes that often means...