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  1. oldskyblue58

    CVA Result

    in all this mess i have lost track ..... just remind me is there a points implication to starting a season in administration or does that only kick in once we come out of admin by CVA or is it just liquidation. Is there a points penalty to coming out by CVA once season starts or is it at...
  2. oldskyblue58

    Coventry City: Joy Seppala blames ACL for her woes

    they didnt have 50% of the built stadium but they did have 50% of the original project which they sold in 2003 to the Higgs Charity I dont find the supporters direct statement helpful at all. nor posturing ones from either side
  3. oldskyblue58

    An interesting comment re Byng and other possible investors

    I believe Byng has sent the details in an email ................. oh damn it didnt arrive :facepalm::whistle:
  4. oldskyblue58

    Joy willing to meet with Ann Lucas

    Why she hasnt spoken is is in her statement I think.............. my understanding is because of the judicial review the whole council has had a lock down on releasing statements about the ricoh and dispute its been imposed by the council legal department. Anne Lucas got to "1 minute before...
  5. oldskyblue58

    CVA not agreed

    Got 2 questions. Not aimed at one side or another If there is evidence of fraud, illegality, directors negligence, misrepresentation, etc are there reports with supporting evidence made to the SFO, Police, HMRC, Other government depts? Why do we have to await the outcome of a CVA and...
  6. oldskyblue58

    Joy willing to meet with Ann Lucas

    Suggest JS looks at the different powers of a Liquidator and administrator. For starters an administrator goes back only 3 years in his investigation in to the conduct of directors, the liquidators terms are wider than that in looking at transactions etc Neither the administrator nor liquidator...
  7. oldskyblue58

    Ann Lucas plea to Joy Seppala

    As far as SISU are concerned there is nothing else they are willing to accept I would expect
  8. oldskyblue58

    Season starts in 4 days

    This is killing my passion not only for CCFC but also the professional game. I have no excitement for this season coming, feel no great link to the team, have no expectations (positive ones anyway). I find I am looking for other things I can do on a saturday afternoon and to be honest there are...
  9. oldskyblue58

    Ann Lucas plea to Joy Seppala

    I would guess if the CVA is not signed then we can expect a raft of SISU legal claims against all parties involved at the Ricoh. (not saying it will be decided today, they can still adjourn for 7 days and Anne Lucas letter might be a tool to get that adjournment) The SISU preferred weapon for...
  10. oldskyblue58

    CVA not agreed

    tsb - you and i both know what is likely to cripple ACL, The Council, or the charity is the legal costs instigated by SISU. It is not the cost of the mortgage What that doesnt prove is that SISU are right or even have a valid case but simply they have deeper pockets. It also points to the fact...
  11. oldskyblue58

    CVA not agreed

    It is changing ..... currently the tax office is restructuring to focus more on compliance and investigations...... the yield from that side of things has rocketed upwards in recent years
  12. oldskyblue58

    CVA not agreed

    tsb - when was this contract to buy the whole of the Ricoh entered in to ? and was it a contract or heads of terms ?
  13. oldskyblue58

    CVA not agreed

    just to clarify a point Big_Ben for HMRC to investigate a taxpayer does not require them to be owed anything by that taxpayer. They need grounds or information to open an investigation nothing more.
  14. oldskyblue58

    Ann Lucas plea to Joy Seppala

    Actually tsb when SISU came in they were well aware that what was first on offer at the Ricoh were the 50% shares in ACL owned by the charity. That is why SISU included a valuation of that option at £1m in the accounts of SBS&L, an option given to CCFC Ltd that predated any involvement by SISU...
  15. oldskyblue58

    CVA not agreed

    so if it doesnt matter which side should give in then by your logic SISU could just as easily give in accept a new rent deal and we have the problem solved. The key therefore is not just in selling the stadium to SISU is it What the hell is Sisu Sky Blue or Council Sky Blue or even ACL Sky Blue...
  16. oldskyblue58

    Here comes the crunch!

    Then I suggest you read the article again instead of twisting what was to suit what I assume is a personal agenda. Nowhere in the article does she refer to the Council loan indeed she is very specific as to what she is talking about. Here is something to think about. ACL were paying out £1.6m...
  17. oldskyblue58

    Here comes the crunch!

    it would seem that the issue of the CVA is the only thing that has brought the two sides together to talk....... each must have their reasons as to why it is so important because each place such importance on it. Is it really that SISU want the club out of admin to build the team, it is...
  18. oldskyblue58

    Sky Blue Ribbons

    Think the idea Rich was to start it and let everyone join in so it got a life of its own. I would have thought the more people doing it the better and you dont need to be a trust member to join in
  19. oldskyblue58

    Here comes the crunch!

    just my opinion but the only part worth reading in that article is this bit. Alan Limb, CCFC fan and insolvency expert of BRI (Business, Recovery and Insolvency), which has offices in Coventry, said: "If the CVA is approved in its current form, ACL has no tenant. "If it is rejected, CCFC Ltd...
  20. oldskyblue58

    Here comes the crunch!

    Ms Sinclaire said: “I am fully aware of the complicated, multi-faceted nature of this story. However, in the case of the CVA meeting tomorrow, I must look at this from a purely political perspective. "In times of cut backs to local public services, can the council really afford to throw away...
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