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Part 2 -there have been 64m shares issued so far in Otium but only 1000 are voting and they are the ones that denote ownership ie 90.1% to SBS&L 9.9% to ARVO (901:99) -According to the notes the budgets prepared include the assumption/intention of player sales - there are land leases total...

First off keep in mind the following - This is a part of the overall picture, the full picture is the SBS&L accounts - There will be a number of transactions (some very large) that are internal to the group and do not form part of the big picture. In one company a liability in the other an...

I have only had a quick look but I think I must be seeing something other to the CT For starters Otium is not the parent company at all it is still the subsidiary of SBS&L. Otium is the trading company not SBS&L Next thing - if you are looking at the debt to ARVO and SISU then you have to...

as for the boundaries ...... there is an interesting opinion at the end of this article http://www.dailymail.co.uk/wires/pa/article-2784441/Wasps-set-Coventry-move.html

not ignoring the possibility cd just don't think it is remotely likely now. Circumstances are different. So are the finances involved. Any one can move a club if they think it is to their advantage as we well know. In the end it comes down to the ££ numbers not the effect on the fans

Sorry but that really doesn't make much sense to me. Why spend all that money to build up the fan base, business etc and add value to the stadium to then sell it on at a discount because the price would no longer include an anchor tenant. Not only that but the value received would not pay for...

The deal on the catchment areas expires I think in April 2016 ........ Wasps to open their new training area etc in time for 2016 season. It might not be possible now but then nothing built yet either. Come 2016 it may well be a different story but that moving the thread away from CCFC academy...

that's my gut feeling G and mine sinks too...... very worrying if it were to happen

perhaps instead of waiting for someone to ride in on a white horse the fans should start the ball rolling and try to attract credible investors by being credible investors themselves as a single group? just thinking out loud really..... but agree it wont be easy, it might not be possible

It will be interesting to see where the Wasps academy and training facilities end up - and in what time scale. Not saying it will be at AH Centre. If they set up from nothing by the 2016 season as they said they would that must raise further questions as to what the CCFC owners are doing with...

There are a lot of things pointing to some sort of change this summer but it isn't clear what. It could be they just chop the lot and wind it up - unlikely but it is an option It could be they put it on the market - not sure they will want to lose control whilst CCFC can pay interest to ARVO...

What SISU Capital Ltd has in cash reserves has nothing to do with what has or is invested in CCFC. The "investment" was done with their clients money.

The build cost was 9.5m plus the cost of equipping the centre. It was always intended as a base for the academy as far as I know but it wasn't its only function. The current Cat 2 academy status wasn't in existence I don't think when the Higgs Centre was opened in 2004, those academy...

I would think that there have been some sort of discussion with the academy already regarding this. I would also guess that nothing much has been agreed. What the charity is doing is highlighting that there is for them a decision making process that has started. That process will look at the...

I assume if the accounts have been submitted that the auditors have been persuaded that Otium/CCFC is a going concern. To do that I would think they would need some quite strong assurances from the owners that they will continue to support the company for the next 12 months (that's till March...

If he is serious why does he need to do it by twitter at all. He knows the people involved, even used to attend matches with them I believe. So talk to them and get on with it, or shut up. You get the impression he is desperately hoping to get popular support from the fans, and from what I can...

me too. If he is making a bid why does he need to wait for accounts to be filed at Companies House? Surely he contacts SISU direct and gets the figures for 2014 but more importantly the current figures if he is serious

The accounts are not yet listed as received. That doesn't mean they haven't been because it might be they are being processed. Because the financial statements require an audit and will most likely contain some items that do not fit the standard CH template then a full copy with original...

very unlikely to be able to - the wages are not usually analysed between players and other employees for starters

it could but they usually mark the individual company record as "information received but not available". It may well be Tuesday or later before the accounts are available