Search results

But he resigned when Thomas was loaned out in 2011 didnt he but was appointed march 2008. I think there were decisions in the first two years that added to the financial risk and taken by the board of directors of which he was part. There were decisions that added to our cost structure increased...

Actually the biggest problem for Portsmouth is not the size of the debt on the balance sheet it is the lack of cash to pay day to day expenses. Any assets they have are secured by charges to the likes of Chanrai and Gaydermac so they cannot mortgage those - even if they could then who would lend...

Also wanted to comment on the assertion that because GH resigned then that some how absolved him from any responsibility for the actions/events that took place during the time he was director. Absolutely incorrect, ....... GH had joint and several liability with the other members of the board...

I thought GH was only fronting a bid on behalf of investors much the same way as SISU got in with RR fronting their takeover. In that sense GH might not be involved in running the club and he is acting on instructions, which would mean we shouldnt place much reliance on his ongoing business...

I think there is a misconception here regarding undertakings given SISU. Everyone is taking it that SISU have guaranteed to fund to April and that because they have not guaranteed to fund next season (a) the accounts are not filed (b) SISU will walk away in May. The directors, not the owners...

Wouldnt hold your breath waiting for them........... i would think the auditors are struggling to sign the accounts off as a going concern without some solid assurances from SISU

think the rent is £1.2m and as rob said it would depend on what they replaced it with and if there were any cost savings on their side

Ok will start by saying I am not a supporter of SISU never have been and yes I have a decent handle on the financial realities of CCFC. Thats all the justification of my position on CCFC/SISU/GH i am giving ok explain to me where all this extra money comes from to pay players to under achieve...

I agree Rob and would add that they should be open about the finances and be equipped to deal with them prudently

Have got a bit fed up with seeing some of the comments here - too many think it will be ok under GH, that throw money at it and there are no consequences, see a transaction as one sided. Just wanted to explain a few things regarding the finances, putting money in to the club etc. It isnt really...

actually first step is to ensure we actually have a club long term to have a successful team

dont usually get involved in stuff like this but ..... @rich87 its just your opinion. Sweeping generalisation to call all CCFC fans pathetic (which would as it is a generalisation include your good self). It isnt all Blackburn fans and I would bet if they start winning then the number...

You know what I resent the implication that because I do not conduct myself in a similar manner to some Blackburn fans that I am not a "proper" CCFC fan. Judgemental generalisations are rarely helpful or accurate