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There is absolutely no evidence in the accounts to suggest SISU are financing the court cases from CCFC. If they wanted to extract funds from CCFC then they don't need to hide it they simply have to take the interest payments that are accruing. But in the 2015 accounts they paid in £1m in share...

Yes switching my PC off and forgetting about all this !!! I did limit it to since 2007 fp and I think that the risk is growing - just my opinion. We have owners who are not really interested, directors and staff fire fighting with one arm behind their back, a club that is seen as no great...

I know there are a lot of similar threads relating to this or elements of it so Nick if you need to move this carry on. This is part a summation and part an opinion, I will try to make clear when its my opinion. Sorry its so long Otium trading as CCFC opinion - some reason for optimism on the...

wont work - its not for sale - wasps is a long term investment and they have no inclination to sell up - the set up is working well for Wasps as it is - any money raised would have to be used to repay the bond because the lease secures the bond issue - even if they sold the money raised would...

Kind of depends if they are after turnover or bottom line doesn't it. What they wont get is given the right to income for free. But if they did get either then the club have a reason to drive the sales rather than sit back and complain about getting much for something that costs them nothing. It...

So is BPA imminent ? no nowhere close to that if ever

CCFC cant discount to £149 simply because the ticket income is the only major income they generate Unlike Bradford they don't get - Naming rights - All F&B and Hospitality sales and profits (mind we don't get the associated costs either) - non match day incomes at the stadium - etc On top of...

The only incentive they want is in the shape of £'s and CCFC simply don't have that or the backing to provide that Yes the incomes are charged to the bond but currently those incomes are variable and so giving those away affects the bond security. However were CCFC prepared to pay higher...

That's the situation, with the help of others, that our owners & CCFC directors have put us in yes. The current rent is artificially low and CCFC put no real work/effort in to generating the F&B sales so yes I think it is going to cost us more if we are still there after 2018

As I have said before I wouldn't get fixated on the fact that in 2022 the £34m loan needs to be repaid. They will have planned for that and it wont mean that Wasps Holdings needs to accumulate or find £34m by that time. It will either be a listing on the AIM or a second bond issue in my opinion...

So the set up with the F&B at the Ricoh is not unlike how the club have chosen to arrange the sale of merchandise and match programs (in a general sense). The club takes a straight split of the net profit and has none of the risks/liabilities surrounding staffing, supply, overhead. Can see the...

Also think Juggy is wrong on the ticket income. In 2015 we had match day income of 1.797m on crowds of 9332 average. This season our average crowd was nearer 12570. Work it out from there and ticket income is closer to £2.42 m before factoring in whether overall prices were lower 2015 than 2014...

Might not be costing SISU anything at all at the moment Google ........ Third Party Litigation funding

Over the 8 year period you would expect the staggered payments to even it out so that some years reversed it. That does not happen. There was no difference in 2013 in 2014 it was (5436) in 2015 74036 Yes you would expect auditors to get it right. But then you would expect them to know the...

Yes it should be clarified/asked but I am pretty certain it wont be answered given that they never have before. Plus it mainly actually relates to Companies that no longer exist Yes I am concerned there appears to be £3m unexplained in the clubs cash flow. I am not however making any accusation...

simple answer is it shouldn't NW. It would also need to be disclosed in the notes to the accounts as a contingent asset and it isn't.

Bottom line is we don't know if some or none of the 17 points were agreed or rejected. Only that a deal is not possible at the moment. I wouldn't get hung up on the number 17 The only thing we know is that following discussions CA has concluded that there is no real progress towards a deal...

Lets clear a few things up. I have no answer for the anomaly but I am not free from concern either. I can not and will not say that there has been any underhand dealing or wrong doing. I do not know why there is an anomaly and can not explain it. Will the club or owners or...

I get the similar feeling to that . So in reality it isn't CA we should be listening to or questioning because he simply does have the power to complete the deals

Sorry Torch thought I made it clear not support for SISU but support for the BPA project