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Is this opposed to a club which has 60 million of debt with no assets and 1500 paying customers.

So here we go, appeal after appeal with no chance of winning while saddling the club with the debt. These people are absolute idiots with no interest in the club, the city or the fans. How can the football league let these clowns away with the miss-management of a community asset? Please SISU...

Sorry Grendel. But which mast are you pinning your flag too? Suppose ACL purposely haven't booked concerts this year in case they are taking possible precautions against anything that may come from the result of the JR. Your consistently putting down other opinion or taking the polar opposite...

If it gives the club a way back to the Ricoh and lets the owners not have to deal directly with ACL or CCC it would work. SISU's pride would not let them come cap in hand but a 3rd party brokered deal keeps their ego intact. Well done Michael

We could employ a gateman to stop SISU getting back into Coventry, wages would be low as theirs probably 10,000 or so who would do it for free.

The premier league has a big effect on our national team. This is why we have a dirth of talent in an England shirt. The ex player celebrity culture as referred to will not slag of the league that has made them multi millionaires. English players of any ability are snapped up at a young age by...

I think Pressley is a principled man. He will not say in the mass media my employers are idiots and don't know what their doing, he will loose his job ultimately. He knows how far he is in the shit and is doing his best to keep it all together IMO. To an extent we will see how good an operator...

Not to worry were used to getting away with a points deficit at the start of the season. All we need now is a transfer embargo for not paying moneys owed through the administration or another liquidation/admin scenario if they loose the JR to give Pressley a real fighting chance. The sorry fact...

PS, the epitaph on Fishers grave should be "Ye though I walk through the valley of the shadow of liqiudation, I fear no evil as the pie money would save me" . PUSB NOPM

Grendel, your like a captain going down with the good ship SISU. If you got your head out of your arse you would stop smelling the shit. SISU have no interest in the football club, the surrounding community or Coventry as a whole. They had the chance to buy the loan but the council stepped in...

No Sisu smoking gun then? Seems to be a straight choice for the judge was the loan illegal or not.

Just to add to the conspiracy theorists out their, didn't a learned blogger or poster write that the real reason for Sisu to bring the JR was to gain access to the council paper work and email trails relating to the councils actions over the whole refinancing affair. The theory was that they...

I think if their were any truth in it a. The club would not be denying it as they have in the Telegraph and b. The deal would have already been done as our owners could not resist that kind of money. NOPM

With the debt owed to ARVO now being classed as short term and payable within the next 12 months the dreaded scenario of liquidation does seem to be rearing its ugly head. The problem with CCFC at the moment is know one knows what is actual cash debt and what is paper debt in the form of...

* Why are the amounts owed to ARVO and SBS&L £42m now shown as payable within 12 months rather than long term liabilities? OSB do you think that the change from long term liabilities to short term, as pointed out by TSBT in their email gives us any indication as to what Otium/Sisu might be...

I suppose it will depend on how many times they choose to appeal any decision.

Labovitch stated in a previous radio interview with Eakin that the money is due to be paid to Acl on the completion of the administration process. Appleton has still not finished it yet so if Sisu can drag it out for another couple of weeks so the Jr is decided, depending on the outcome they...

If you're still reading the thread OSB, in your opinion is liquidation a possibility? I thought it would be as they could use the losses incurred to offset tax on profits made in other investments. To me if the money that could be achieved through a sale is less than can be made by offsetting...

I think Labovitch said it is due to be paid when the administration is finished. This is being strung out at the moment by Appleton to the advantage of Sisu. My guess is loose the JR and they liquidate and don't have to pay this debt either with any new owner looking at loosing 20 points before...

The thing for me though Jack is have they really put any money in to the business in the forms of cold hard cash or has it been an exercise in paper money, I personally think the liquidation prospect is better for them so they can offset the loss against profits made on good investments but...