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    Can we exit administration?

    There seems to be the suggestion that SISU are some kind of geniuses, full stop. However, what facts there are (including their own accounts) tells a different story. Recent investments have not been very smart and the value of their hedge fund has been in decline. SISU got lucky once and...
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    Who now own's the Golden share - This is crucial!!!

    Scenario 5 - The Football League own the share and they will give it to the party that has the funds, the business plan, the stadium and the fan base to ensure the club can survive more than a few weeks.
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    ACL- Please Reject The 26 Pieces Of Silver

    It seems likely that ACL can prevent the Administrator from handing the club back to SISU by blocking the CVA and rejecting the 26p in the £ offer. This may leave the club with an uncertain future, but surely that is preferable to a future under SISU. And no matter what the Administrator is...
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    How Cov Is Positioned In SISU's Web of Companies

    All available in regulatory filings with the relevant exchanges.
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    How Cov Is Positioned In SISU's Web of Companies

    I don't believe SISU or Seppala are connected with Huntsman any more. The connection with Huntsman came about when SISU and several other private equity firms provided some of the funds for a management buyout of a company called Admat, a manufacturer of resins and adhesives. A short while...
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    How Cov Is Positioned In SISU's Web of Companies

    The Asian SISU, that the Chengdu companies are associated with, is Sichuan International Studies University (SISU) - nothing do with hedge funds. Gantois and others very small companies that SISU have had a notifiable interest in - none of it amounts to much.
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    Sky Blues leave Alan Higgs Centre training facility after row over unpaid bills

    Thank you PWKH. Pretty much like yourself then.
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    Pubs and Local Businesses - Nikki Sinclaire MEP

    David, perhaps a couple of questions that Nikki Sinclaire could put to the Football League are 1. How can SISU, a grubby little company with no apparent assets, possibly afford to build a new stadium and bankroll a Football League side. 2. SISU have been trying, unsuccessfully, for years to...
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    JudicialReview

    Problem is there has been a precedent. A judge decided some time ago that the FA was outside the scope of judicial review. However, things have moved on since then and it is possible that a request might now be allowable under European human rights laws.
  10. R

    competition Guess the Debt !!!

    Torchomatic and Grendel the same person? Two very sad and friendless individuals with nothing better to do than spill their bitterness on an internet forum - an understandable conclusion.
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    Looking at the bigger picture

    Of course not, don't let the facts get in the way of a story that vindicates SISU!
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    Why we will probably struggle next season - FFP

    Forget the NOPM campaign - another five years of SISU will have exactly the same effect on income and FFP.
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    Why we will probably struggle next season - FFP

    Because while SISU are in it "for the long haul" things are not going to get any better and are likely to get worse wherever we are playing. In another five years, we could have slid down another division and halved the gates again. Will you still have this attitude when we are playing in the...
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    Keep Coventry in Coventry - NOT ONE PENNY MORE! Protest 12 noon at Ricoh 29.6.13

    I do hope you are, afterwards, proposing to ceremonially burn the monstrosity. Failing that, just burn the statue.
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    Coventry City FC's Players are registered with Limited, not Holdings

    Is this source the same "lawyer friend" that told you people could end up behind bars as a result of the judicial review? You keep some odd company.
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    The SISU Pyramid tangled web...

    Some time ago, when I was looking for filings with the various financial regulators, I did come across the Kuwait government pension fund as the largest investor in the hedge fund (over 90%). I don't remember anything cropping up for Penn State University. If anyone does try to contact the...
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    The SISU Pyramid tangled web...

    The first time, they did have the funds put up by the investors and SISU did have cash at the bank then. I am not sure what proof the administrator would want from them, maybe their assurance is good enough. However, I suspect the Football League will also have someone look in to the net worth...
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    The SISU Pyramid tangled web...

    Value the mighty SISU - I did say I work in the city, not the local flea-market, but here goes. SISU Capital - only income appears to be management fee for a small (c £40m) hedge fund. Value of this fund has been shrinking over the last few years (in a rising global market) so underlying...
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    The SISU Pyramid tangled web...

    Thank you for your thoughts. What are the other parts of the pyramid and what assets do they have? What is the umbrella and what assets does it have? Where did this money in SISU come from and if they don't show it as assets on their balance sheet, why not? Are they doing something they...
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    The SISU Pyramid tangled web...

    What dosh? I have worked in the city long enough to know that any company that goes to great lengths to hide it's assets generally doesn't have any. The Virgin Islands company is most likely a device to extract a bit of pocket money, free of further UK tax, for the principle shareholders...
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