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  1. oldskyblue58

    Surprise, surprise....

    and fair play to Italia, Tony etc in amongst their posts have been some of what Anderson has said in this article...... CA is applauded for saying it, others not and derided..... go figure :facepalm:
  2. oldskyblue58

    Surprise, surprise....

    so getting in the Championship will double revenue. Ok look at the 2015 accounts -- Turnover was 4.7m Lets be on the positive side say revenue increases by 7m Round terms 12m in total and has nothing to do with changing the stadium deal Wages will more than double - to be competitive I...
  3. oldskyblue58

    Surprise, surprise....

    Well there's a shock. It would be easy to say told you so but there are a couple of caveats to what he is saying aren't there 1) Just how are they going to pay or compensate Wasps for giving up some of their income? CA surely cant expect it for free or on the basis that we are now or will be...
  4. oldskyblue58

    CCFC Accounts, £1.9M Loss

    no idea - sorry don but this is complicated enough without hypothetical what ifs
  5. oldskyblue58

    CCFC Accounts, £1.9M Loss

    Yes it is different - this wont be a forced sale for starters - SISU/ARVO will have a lot of control over when and therefore value - The ARVO debt is secured on all the assets including the shares as such that helps set minimum value to ARVO. Unsecured debt has nothing backing it up - unsecured...
  6. oldskyblue58

    CCFC Accounts, £1.9M Loss

    ha ha got plenty of time - wont be for sale for a while yet
  7. oldskyblue58

    CCFC Accounts, £1.9M Loss

    Just to be clear the preference shares carry no voting rights. That means you do not need to buy them to buy the company, but they are a problem for any potential purchaser. The preference shares carry a right to a 15% dividend and a right to distributions equal to the paid up amounts on those...
  8. oldskyblue58

    CCFC Accounts, £1.9M Loss

    What SISU /ARVO have invested are the capital sums they have put in to the group ie the loans which stand at £36m. Even then I am pretty sure not all of that was cash The preference shares are clever accountancy that have capitalised internal group debts. To see what they have "invested" you...
  9. oldskyblue58

    CCFC Accounts, £1.9M Loss

    Accounts include a cash flow statement which reconciles the loss to purely movement in cash. Overall there was a deficit £128k but only because we received £2.7m in player sales Player sales are shown on the Profit & Loss account. The Group final loss of £3.3m is after taking in to account the...
  10. oldskyblue58

    CCFC Accounts, £1.9M Loss

    You know what has been learned by the club........? That it is better to get things like accounts out in to the open and to engage with media and fans about them, put the clubs interpretation out there first ........... So much better than previous years
  11. oldskyblue58

    CCFC Accounts, £1.9M Loss

    hasn't cost them £61m in the first place
  12. oldskyblue58

    CCFC Accounts, £1.9M Loss

    The figures are there for every one to read so ............. Questions/comments based on the sbsl group - if the cost of the legal cases are not borne by OE or SBSL is the reverse true should those cases be successful and the proceeds are not borne by OE & SBSL? - always find it interesting...
  13. oldskyblue58

    CCFC Accounts, £1.9M Loss

    Bit curious about some of the comparatives in 2014 that are quoted as they seem different to the actual accounts but no doubt that will become clear later It will be interesting to see what the cash flow statement says. other than that will wait until I can see a copy to comment further...
  14. oldskyblue58

    Paul Fletcher : Ground Share will never work

    thanks for the update stupot. that just makes the situation even harder assuming ccfc maintains (rightly imo) its live within means stance. How can the clubs FA and FL believe making those sort of losses is sustainable!
  15. oldskyblue58

    Paul Fletcher : Ground Share will never work

    Not necessarily no weeman. Each set up will be different and depend on cost of ownership (build/purchase) 5% interest on a loan of £50m for example is £2.5m that's a lot of extra income or cost savings to find. If historically you already own the ground and it isn't mortgaged then no additional...
  16. oldskyblue58

    Paul Fletcher : Ground Share will never work

    You gain on incomes and reduce certain costs whilst taking on other large costs eg interest charges, 365 day rates charge etc though by owning the ground
  17. oldskyblue58

    Paul Fletcher : Ground Share will never work

    Personally I don't know any city fan that isn't hoping to get at least to the play offs this season or for better than that. Would love us to be promoted and not via the playoffs. But that isn't this discussion is it. Mr Fletcher says to be in the Premiership you need to own your ground...
  18. oldskyblue58

    Paul Fletcher : Ground Share will never work

    they will all be factors TV money will be greater in the Championship as should attendances assuming we at least hold our own. Match prices might have to go up though £2 on a ticket would probably bring in £500k pa or more on the same attendances as now. An extra 1000 on the gate I would guess...
  19. oldskyblue58

    Paul Fletcher : Ground Share will never work

    no idea I very much doubt it would ever be for sale in the foreseeable future. Ownership of ACL is not what is important to CCFC - the rights to income at the site are. Two different things. Apparently we are self sustaining in L1 as it is, if we get promoted then we need to find at least 6m...
  20. oldskyblue58

    Paul Fletcher : Ground Share will never work

    hard to tell really. There are certain incomes we do not miss out on at all Ticket income prize money/league pay outs TV money Sponsorship (excluding stadium naming rights) - shirts, balls, programs, match etc A lot of the advertising commercial partnerships We sell hospitality packages for...
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