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  1. oldskyblue58

    Coventry City Supporters FC

    Just thought you would like to know that our supporters team, that is sitting 5th in the national league, has won through to the final of the 2013/14 IFA Midlands Cup They beat Telford 4 : 2 on Saturday and will play either WBA or Stoke in the final in March next year...
  2. oldskyblue58

    The Finances

    no idea - there is no information to go on. The management fees in the old CCFC H accounts were charged by CCFC H to CCFCLtd. Dont remember any details of management fees being paid to SISU or ARVO in the any accounts to 31/05/12. That could have changed of course since then
  3. oldskyblue58

    The Finances

    Talking about a different valuation NW You are absolutely correct about the balance sheet calculation in the statutory accounts. It is based on what had been paid for a players contract and written down over the period of that contract. What I was trying to explain, was that if you were...
  4. oldskyblue58

    Pod Cast about meeting with ACL

    What pod cast with ACL Nick? As far as I know there is one from Nii Lamptey show which includes feedback on a meeting with Martin Reeves and Chris West in their roles at the Council not ACL. Having listened to it that podcast basically tells us not a lot other than nothing has changed. SISU...
  5. oldskyblue58

    The Finances

    Why would anyone bid £30m for CCFC . The actual worth in that scenario is in the stadium and ACL have the rights to income there. SISU dont need to clear the SISU funds investors out they can let that sit for now. Any incoming owner of CCFC would need to pay off ARVO and anything above that...
  6. oldskyblue58

    The Finances

    well if you think about it further if i am correct in my thoughts above then the club are paying interest on a loan to buy assets they already owned as a group to benefit the owners ....... assets which could have been transferred anyway in a group situation ...................
  7. oldskyblue58

    The Finances

    Sorry SB I had missed a word out...... the overall group debt comes down to 28.4m. However it does mean the football operation on its own has a nil or positive balance sheet........ instead of showing huge losses It is hard to value the squad but even players from the academy have a value...
  8. oldskyblue58

    The Finances

    I think that getting the Ricoh makes the value happen quicker certainly
  9. oldskyblue58

    The Finances

    not really because ARVO are a seperate legal entity as are the SISU Funds. The club is in debt to ARVO who act as a bank and charge interest. If you only owed yourself would you charge interest to yourself ? No debt to me still means zero owed on the balance sheet...... this isnt that
  10. oldskyblue58

    The Finances

    apparently this has all been simplified for the club so what could be going on SBS&L Group First off banish all thoughts of £60m or £70m debts/investment. That is all to do with internal debt between the group members. What is actually important and tells you the real debt are the external...
  11. oldskyblue58

    Where's those figures?

    10.18 2006 Ricoh 10.44 2007 Ricoh 11.95 2008 Ricoh 11.36 2009 Ricoh 10.08 2010 Ricoh 9.63 2011 Ricoh these are average £ per person at the Ricoh match ticket income Net of VAT, figures based on info in the accounts, published...
  12. oldskyblue58

    Where's those figures?

    only figures we have are historical the last ones being in the 2012 accounts (no there were none for CCFC Ltd but the information is in the group accounts for SBS&L) Match day income (which includes executive boxes, pools, and net receipts from cup and league matches) was £3,550,702. That is...
  13. oldskyblue58

    Dates for diary from SB Trust

    Just received this. The Trust have sent a further email that perhaps redresses the balance some may feel missing. It is a dates for diary that perhaps recognises that its members may have a multitude of different views as to what events should or should not be supported. No doubt it will upset...
  14. oldskyblue58

    Ccfc superstore

    probably in my case saint & greavsie and even before them but that brings back happy memories cc4l :) not to mention the 3 hour games up the common when we played till it got too dark to play..... knackered but happy days indeed
  15. oldskyblue58

    Joy meets ann

    Is good that they have talked .............. wait for the first leaked details (which in themselves might tell us something) ............. or even a joint statement if it is done professionally Probably come to nothing anyway............. each side appears to want different things On to...
  16. oldskyblue58

    All for one and one for all

    From 1995 up until 2007 there were two companies. In 2008 SISU added SBS&L then in 2011 SISU added Otium Entertainment Group Ltd. At some point they transferred ownership from 5 SISU funds to Sconset Capital. Now to "simplify things" they have by one means or another removed the two original...
  17. oldskyblue58

    All for one and one for all

    this is the club official statement Club shareholders to be invited to meeting regarding restructure process before the end of 2013 Coventry City has continued the process of tidying up its business structure. It has voluntarily struck off Coventry City Football Club (Holdings) Ltd. All...
  18. oldskyblue58

    Letter from Tim Fisher

    It will be any current shareholders of CCFC H. They are there to approve the Directors proposal to wind up CCFC H. The directors will give a statement that says all known liabilities have been paid in full or settled. As CCFC H is now a shell company there should be no assets or liabilities...
  19. oldskyblue58

    Was it or wasn't it?

    Its back to spin on both sides isnt it Fisher & Labovitch attend meetings wearing this hat or that can choose from a multitude on entities to say they represent but everyone knows that Seppala makes the decisions. The council couldnt take part in the CVA discussions because they were not a...
  20. oldskyblue58

    Letter from Tim Fisher

    no problem :) As far as I am aware they wont have to file the accounts which of course is the purpose of all this I suspect the discussions with Company House has been to convince Co House this is the right way to go, because all exterior creditors have been paid and not to start proceedings...
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