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Just a thought or two ..... The club I assume allocate costs to the academy in line with the FL/FA guidelines. Highly likely that some staff are classed as both academy and non academy and their total cost split between the two cost centres. That works for the grant application but the other...

not a decision that is close SBK because even if they lose this current round of court cases that wont be the end of it in my opinion. so it is not clear what they will do but i would think the last thing they would do is to liquidate

Yes potential has value but not the inflated agent driven values seen in football but thats not what i am saying I think it is a reflection of how far the club has sank that the media and fans are exercised by the potential departure of a young lad has achieved precisely nothing in football so...

Got to look at it away from the football team Moff. CCFC are a failed investment and the owners have basically parked it in a state where it has to support itself. SISU are a private equity fund and specialise in losses, I doubt they do not have a method to benefit from the losses accumulated so...

I can fully understand that Grendel. No we wont go up this season but the basis for the early success was built pretty much on sand, Yes TM and his management team take some responsibility for that, or more accurately for not correcting it sooner (if at all). Teams like Burton have a smaller...

Thanks for that :) - everything going well, on crutches but progressing every day

First day back to posting today and have been catching up on things following a hip replacement two weeks ago. Hopefully the two weeks resting have allowed me to stand back a little and look at things. I have read a lot of the stuff on here and have some thoughts to share. I think the over...

mathematically possible but this isnt played on a calculator. Would be good to finish in a positive manner but that is not going to suddenly just happen, our squad is weak physically and mentally lacking belief and confidence. If we won three between now and end of the season that would be a...

yep that about sums it up

Personally I think the lad is being badly advised and that though he may get a "glory" move that will be the last we hear of him. There are many players that get hoovered up in this manner and the vast majority disappear without trace having had a brief period of inflated earnings Good luck to...

Personally I can not condone any entity not meeting its statutory duties. Companies House are saying they have still not been received for any of the Wasps Holdings Group companies- not that they are received but not available. Companies House are a registry of documents it is not what makes...

Actually only PWKH is involved in both. As secretary & director of the AHCT (a decision maker) and as clerk to the Trustees of the Charity (that's not a decision making position) Other than that there has never been a cross over of others from AEHC

no regard but spent £11m of the Charities money to build a suitable training centre for the Academy in the first place when no one else could or would. Then had to deal with a delinquent tenant. Not up to the Charity to safe guard the Academy or its future though is it.

According to the Charity website The liquidator of CCFC Ltd was contacted by the Charity 08/10/2014 and asked to submit a bid for the Charity shares in ACL, the Charity honouring the terms of the option agreement from 2003. So that would seem to imply CCFC/Otium/sisu were not being that...

could do but not necessarily. But given what we all had figured out at the time I could suggest that he might have known the bid had a good chance of being rejected. In which case you might have to question the purpose of the bid, then his comment about not doing the deal Wasps did is not so...

The administrator bid for the Charity shares only. Neither SISU nor the administrator bid for the CCC shares at that time. The charity is not governed by the same regulations, guidelines etc as a Local authority. I believe the Charity gave their reasons for rejecting the administrators bid on...

Have to say the new one on Green Lane isn't at all bad. :)

Wouldn't quiet conversations like that be double dealing - something everyone on here seem to get up in arms about? :thinking about: But I think we have established that guidelines are just that, an indication of best practice it doesn't mean they are appropriate in every instance or even...

CD where is the regulation that says the council had to offer it in a bid process on the open market? Yes I agree it may have been better for CCFC but did CCC have to? Did CCC have to accept the CCFC bid even then. What else did Wasps offer in the deal, what other investment in cash or...

This legal narrative may or may not help http://localgovernmentlawyer.co.uk/index.php?option=com_content&view=article&id=14500%3Anavigating-section-123-and-land-disposal-duties&catid=58%3Aproperty-articles&Itemid=26 The caveats being this was not a disposal of land or buildings by CCC. In...