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  1. oldskyblue58

    So what was discussed at last night meeting with SW?

    details are here http://www.skybluetrust.co.uk/
  2. oldskyblue58

    ACL £1m profit?

    says far more about your knowledge than i or any one else ever could pal ............. :facepalm::facepalm::facepalm::facepalm: thanks for the confirmation of the one thing we all know for certain on this forum !
  3. oldskyblue58

    ACL £1m profit?

    But I think that any new owner is going to build up a substantial amount of trust with the charity and Council BSB. The SISU tenure at CCFC has damaged much more than the finances. ACL or the site wont be disposed of either in part or in total until the stakeholders feel there is trust and...
  4. oldskyblue58

    ACL £1m profit?

    Why does taking up the option to buy the Charity shares get us immediate access to income streams ? The shares still only buy you the right to dividends - that hasnt changed, nor does it mean only paying half the rent You would be better off simply buying the rights to income streams. The...
  5. oldskyblue58

    John Clarke resigns

    you know what puzzles me is the following from his leaving statement "I leave in the hope that ACL will come up with a resolution that will give the club a platform to build a sustainable financial future and the supporters the success they deserve.” you could take it a number of ways 1) that...
  6. oldskyblue58

    ACL £1m profit?

    So just so i have this straight before we actually see any figures .......... If ACL make a loss then it is a failing business ........... (TF words............. how accurate his "failing company" would seem to be huh :whistle:) If ACL make a small profit say £500k it is under achieving and...
  7. oldskyblue58

    John Clarke resigns

    Depends if creditors etc could prove he had acted outside his duties or negligently or fraudulently. His problem is that directors of a company would be held to be joint and severally liable for the decisions made ..... so he bears as much responsibility as TF in all this. I wouldnt like to be a...
  8. oldskyblue58

    John Clarke resigns

    when will Waggott start the interview process for his replacement then :whistle:?
  9. oldskyblue58

    Resignation coming

    Got to be honest I dont know why he stayed so long. It seems pretty clear that he had no real authority. I would have left a long time ago..... he was carrying an equal share of the risk for no reward and had no real power to affect decisions, especially after JS became hands on. He was in a...
  10. oldskyblue58

    ACL £1m profit?

    Always a price in one way or another, you know that as well as i do but the main point is that they could have bought back what they sold and gained the benefit from it............ didnt actually need to own the stadium or its lease to do that. Yes the rent is too high but there were other...
  11. oldskyblue58

    ACL £1m profit?

    SBT ....... year end for ACL is 31/05/12 the Olympics were after that and will be in next years accounts....... so that might soften any bad debt in the last 12 months. othe stuff The accounts are confirmed as at company house but not yet available to download So assertions of profit...
  12. oldskyblue58

    What companies in C&W would be affected without ccfc?

    Of course there will be people losing their jobs if ....... and right now it is still IF........ CCFC folds. In time there might be oportunities for others, or perhaps the club doesnt fold. There might be businesses that are financially better off too, even business that can break their...
  13. oldskyblue58

    Resignation coming

    directors CCFC = TF Directors CCFC H = TF Clarke & Labovitch SBS&L = TF & Labovitch so not exactly many to choose from as to who might resign (if at all)
  14. oldskyblue58

    Resignation coming

    resignation coming? ................ too late I am already resigned to a season of achieving nothing and a club deeper and deeper in the mire !
  15. oldskyblue58

    What companies in C&W would be affected without ccfc?

    on the reverse side of that I have clients who simply refuse to do business with CCFC any more because of the problems getting paid.......... those clients are still trading ok Businesses will be affected certainly, but i doubt any of those businesses have put themselves in a position where...
  16. oldskyblue58

    After the loan and mortgage is paid for the RICOH...

    As with any limited company the profits will increase the company's reserves (or net assets). Those reserves can be used to develop facilities, or reward stakeholders. If a dividend is paid then as shareholders the city council will receive funds that will be added to the revenue that the CCC...
  17. oldskyblue58

    Second third party debt order

    just a guess but the second 3rd party debtor order probably caught a bank account that TF thought hadnt been affected............ sounded to me that it was more inconvenience than anything but being dressed up as more............. unless of course SISU had just transferred this months money to...
  18. oldskyblue58

    Second third party debt order

    I dont disagree with much of that if any I think the problem is you have to balance the two........ to do that I think you have to get lucky in the loan market, get the right contracts, reduce squad size (has been over 30 all season) and to ship out high earners if necessary/possible. FFP...
  19. oldskyblue58

    Sisu - it's always somebody elses fault

    no differences for me settle Robo ...... your opinion is just as good as mine even if I see it differently, torch danceswithhorses and me are fine i reckon :)
  20. oldskyblue58

    Sisu - it's always somebody elses fault

    tempting thought to apply to some torch ;) but ............. think i will pass :laugh::laugh::laugh:
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