Search results

Unfortunately its not that simple. Its not just about the numbers turning up. It is all about the secondary spend and the time periods for that spend. Football fans tend to turn up close to the kick off and leave soon after the end of the game. Not the same for rugby crowds who stay longer and...

Worryingly paying the loan off means any undertakings given to CCC about tenure for CCFC are likely to disappear too. Whilst it is locked in for another year I wonder what the terms of the option are for the two years after and who can activate the option. As I understand it Wasps are getting...

I would think they can get a better deal elsewhere. Aren't they paying something like 11% to CCC. Given they have a 250 year lease I would expect they can get a better rate with that as security over 20 years 13m (they paid £1m upfront) at 11% repayments would be £1.61m pa (capital &...

"Labovitch was at the centre of a complex web of companies that, due to the way they are structured, have to disclose only a minimal amount of information concerning Blair's business operations, the profits he makes or indeed how he makes his money" So was he controlling it or was he just the...

Not saying he wasn't well educated but he is almost certainly not the brains behind what has gone on at CCFC. The architect of such scheming I am sure lays elsewhere As for wealth - I have no idea as to his worth nor whether he created or inherited it. Care to enlighten us as to cv and worth?

Take it back to basics then...... despite the sales of players or other assets being included in the accounts, the SBS&L group has made 53.6m in losses to 31/05/14, which is matched by annually increasing loans from investors / ARVO or preference shares issued to ARVO. That implies money coming...

you see my understanding of asset stripping is that the assets are sold on and the owners extract the sales value...... where have they actually done that? It seems to me that this car crash has resulted in crisis knee jerk decisions just to keep it afloat and that any asset sold has been done...

It shouldnt be if accounting (eg FRS102) and investment principles have been applied properly. Those principles require the "investment" or loans to be shown at fair value and for that assessment to be carried out each year. Fair value being an assessment of what they are really worth. It...

I think the two Trust members at the SCG were challenged on the FOI's by Fisher. They said they would get the SBT to double check with RBC and report the findings. They have done that. It makes no comment on the FOI's or new stadium. Nothing more than that as far as I can see. The previous...

I think it is interesting if you tie in the dates of the meetings with what was said at the recent SCG and at the SCG/Directors meetings. There would appear to be some contradictions :thinking about: It would seem that the RBC response was subject to internal review to double check and that the...

At the risk of stirring up comment as to the worth of FOI's, the latest response from RBC received by SB Trust is on the Trust website http://www.skybluetrust.co.uk/

To be honest I do have some technical questions regarding the disclosures etc but I am not going to put them up on here - I can just imagine the eyes glazing over :laugh: It seems to me they chose to make Otium worse by adding on internal debt then converted to preference shares saying "ooo...

But to be fair, and without sticking up for the CT, there has been no official announcement from the club about SP's settlement. Whereas the Wasp's stuff is taken from statements issued by the rugby club. If anything it goes to show how PR or media unfriendly the club are. Only place I can...

well looking at it from a marketing point of view Nick then you would keep putting out the positive PR wouldn't you The main competition for bums on seats is CCFC and nearly everything that comes out of the club is negative, disbelieved, confused, attacked, or relating to relegation from the...

who replaced who cd? Not really unusual is it a change in who runs a hotel franchise. Perhaps one deal has ended and there is no great mystery about breaking contracts etc. We are unlikely to be told I suspect I would agree that the lead time to the events etc is longer than the 4 mths Wasps...

You see looking at it the interest or debt that way raises all sorts of questions in my mind. One of which is what benefit is there to CCFC in doing all these "paper" transactions? or if you know you cant get full value back why keep adding to the burden? or If you know that you cant get full...

This is all very interesting but what does it contribute to the low down on ARVO? This thread seems to have got side tracked

You mean there is a plan to all this NW, a result they can see that can be achieved ............. I would never have guessed you know, I was thinking it was more like knee jerk crisis decision making with no clear direction but there you go ;) :laugh: :facepalm:

I think you find its longer than 2 years. I seem to remember it was being threatened December 2012/ January 2013

find some of it reasonable explanation but kind of what you would expect to hear, other parts do not seem to add up, other parts seek to deflect attention whilst other parts try to justify past comments by recent events. Sorry but I can not help being highly sceptical on anything the club's...