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I think ACL have four weeks to consider the offer. I'm sure they will take that just to ensure that the club are in administration when the season starts. After the four weeks I guess they will reject the CVA to continue to keep CCFC Ltd in administration. There doesn't seem to be any danger...

I don't think that this is the case. Has anyone wondered why only Fisher mentions liquidation? It's another SISU scare tactic. The only person that can liquidate CCFC Ltd is the administrator. SISU, Fisher and Holdings have no say at all. If the CVA is rejected then the administrator can...

Fisher knows he's not right. SISU have to maintain a public position of being right or the whole pack of cards falls... If they make enough noise they hope they hope no-one will challenge them.

Because CCFC Ltd held the Football Leagues golden share. SISU's stance that Holdings is the football club when it hasn't been until last year constitutes a legal debate about 'beneficial ownership'. It's all smoke and mirrors.

The Football League are only interested in Coventry City fulfilling their fixtures. They're being threatened by SISU in just the same way as the fans. It's very sad to watch all this happen. I think we're heading for at least one relegation or perhaps two in the next three seasons. TF and...

As we all know it's not about the rent for the Ricoh. The whole idea of moving the club away is to distress ACL. Revenue for the club is about £25 per head. To pay £400,000 in rent would mean 16,000 fans. If the clubs gates fell as low as 5,000 per game then against last year's average of...

The statement on CCFC is exactly what is to be expected. You can't expect SISU to agree that is what they have done. They do have a lot of questions to answer as to how CCFC Ltd lost the vast majority of its assets in less than a year. SISU would also have to explain TF's claim that they...

I understood PWKH to say that Otium were buying assets from CCFC Ltd - not the company itself. If that were the case this would mean that the Football League would have to approve a transfer of their share to another company. Once the assets in CCFC Ltd are sold, the administrator will pay...

Between accounts being signed off in June 2012 and when the company went into administration CCFC Ltd's asset base was reduced to the extent that the administrator's report said there was no assets that were pledged i.e. owned by the company. It is a legal duty of a director to report 'post...

You obviously haven't worked out SISU's agenda over the last couple of seasons. The only way they were going to get ACL was to 'financially stress' them. To do that they needed the club relegated. CCFC have amongst the wealthiest owners in UK football and they wouldn't invest a relatively...

Spot on! SISU didn't invest a few quid to keep us in the Championship. They then sacrificed a promotion attempt with a 10 point deduction. All this to distress ACL and buy it on the cheap. Now they just want to dump the lease on the Ricoh. They're banking on the fans going back over...

Actually the administrator's report confirms that CCFC Ltd turned over more than £10m in the year ending 31 May 2012. Given accounts for 2011 were signed off in June 2012 and no post balance sheet events were disclosed ACL's statement is correct up until June 2012. It should also be stated...

The letter seems to miss some hugely important points although they are touched upon. For me the only way the takeover by Otium will be stopped is under the 'fit and proper' test. All else is a non-starter. SISU can prove funds and provide a business plan for the club - this is routine for...

As a fellow resident of North Somerset I'm looking forward to visiting Aston Gate when the Sky Blues play Bristol City. It's a while since I've been. I used to get free tickets as my son played for Bristol City in their academy! It seems I will have to pay for my next visit!!

Are you mad? Do you remember TF comment that they submitted the only bid that settles the debts in full? SISU move £70m of debt from one company to another and 'Bob's your uncle' - we're out of administration. SISU write a £72m cheque to the administrator who send a few quid to ACL and the...

I think ACLs tactic would be to concentrate on the 'Fit and Proper' test on ownership of a football club. The bottom line of this sorry affair is that SISU refused to pay a lawfully owed rent. Whether the rent was too high or not it does't matter. The very fact they paid it for years is...

I'd suggest there is a case to answer that she's a shadow director. Fisher said she attended meetings regarding the rent and that she met with ACL's bank regarding the mortgage. It isn't illegal to be a shadow director. Basically they have the personal liabilities as if the were an official...

I think ACL have been very cleaver. Since CCFC Ltd went into administration, SISU have maintained that Holdings IS the football club. Technically this offer is not available to SISU as they clearly state that Holdings is the club. It would be difficult for SISU to take CCFC Ltd out of...

Indeed they are. Somehow SISU have to explain haw a Company with nearly £1.9m of fixed assets, £103k in cash and was owed £314k by debtors at the end of May 2011 (accounts signed in June 2012) managed to enter administration with (almost) no confirmed assets at all when the clubs own figures...

They're in too deep. They have been 'lending' money to CCFC from different funds. Those loans are liabilities to Coventry City (money owed or to be paid out) and an asset for the fund that lends the money (i.e. money to be received). In its current state there is no value in the Club - any...