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I disagree, based upon my knowledge of finance. I'll let accountants comment on the rest but let me make this point. If they are cooking the books so obviously and you were an investor, who are high net worth and almost certainly have their own accountants, would you sit quietly and continue...

And before you say it, no they are not delighted to be able to write down against tax.

The fund used to have cash, which would have full value on the balance sheet. The loans may also be leveraged through borrowing money - a liability on the balance sheet. They now have badly performing loans that aren't being repaid and debt that has been converted to equity with zero value...

I work in finance and I don't agree. They do not have a nice little money maker; they are losing money hand over fist and the debt to equity switch doesn't help that.

Nobody is going to pay what SISU would need to make a profit or break even. Hence the only time they will go is when they decide they have exhausted options to make their money and see only further losses ahead.

According to the CET, the odds are: Coventry: 19/10 Draw: 12/5 Orient 13/8 It's not that often that the away win is more likely than the home and the away team is lower in the table. Fill your boots.

Same appears to be true if they're not loans too.

Well it wouldn't be out of character to state that we are launching a promotion push. It would be very odd if we actually walked the walk though.

I'm wondering if it might be time to revert to "Proud Posh or Cobblers, Oysters or anyone".

Do you really think so? So because we won yesterday you think he might tell the players it's ok to draw or only lose by one goal next up?

The thing to remember is that the moment we are safe, like it or not, there will no longer be quite the same urgency within the players and we could stop winning.

Is it David Miliband?

Thank God it's Barcelona next up and not Doncaster.

Don't tell Tim - he'll have us back up the road.

I'm sure they'd consider it but that's not the sticking point. SISU needs to be done first - to realise that they're going to have to write off their losses and there is nothing but more losses ahead. Until they've exhausted the options to get back money lost then the club isn't for sale.

I say, a posh thread doncha know? I'm going for an embarrassing reverse on this one, sorry. 3-0 maybe.

I agree. I'd have thought that if (big if) there really was a will to do it, SISU would put the money in from their investment pot. The sticking point in my opinion is that SISU doesn't really have the will to do it. It's almost always been about getting the Ricoh for them (I think they...

I should imagine that the poster is referring to the possibility that SISU liquidates the club if it fails in the litigation over the summer. However I expect a more likely scenario is that the club is sold for 1 penny to a Hoffman consortium.

Ahem.

As some have said, what does "big club" mean? Only relevant if you define the criteria against which you are assessing. Being the Mail, of course, I'm sure it's just made up to fill pages & hence of no value at all. I wouldn't lose any sleep over it.