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That's before interest.

So what?

Ken Dulieu's wet dream.

Well, that number is clearly just to discourage anyone from entertain the idea of taking over the club. Especially anyone with prior dealings with sisu (Hoffman, Elliott etc.). A dream scenario would be a chinese billionaire/consortium wanting to do large property investments in the city...

It's impossible for outsiders to estimate what the club is worth for Sisu. It's not their money that's been invested and they are not really effected by the clubs profit or loss. Sisu make their money as a percentage of the assets they manage and we have no idea how much that asset (the club) is...

Correct. There was simply not enough revenue to sustain both CCFC and ACL. CCFC ended up bankrupt and ACL was sold in a fire sale.

What about the minutes of meeting stating that ACL and CCFC agreed to the rent holiday?

What a waste of money. There's no way Man U will win their league.

Well, it was just a crazy thought, but anyway - I would think it wouldn't be fronted by Wasps. More like a Hoffman/Elliott/Trust lead takeover maybe initially financed by Wasps backers and morally supported by CCC. Isn't that more or less the keywords coming out of all the noise put into a...

What are the odds that SISU will be offered a settlement out of court (undisclosed value) in exchange for writing off the debts and selling the club for £1?

Isn't that what Hoffman said when he made the offer of £1 (letterhead gate)? Is he back?

I think there are a few people who believe the directors are SISU and that director remunerations is payment to SISU. I don't claim to know how SISU make money from the club, but if they are still acting as a hedge fund and investing others peoples money, then they are paid a percentage of the...

Before Wasps there was not enough revenue in total between CCFC and ACL to keep them both profitable. In fact only the Olympics, extraordinary income and smart financial reporting made ACL appear profitable - but the truth is the cash flow was almost constantly negative. And that was back when...

You can't really put too much value in anything posted by anonymous people on forum with no identification check. Like this board. There is no protection against people hired to promote, spin, twist or counter a debate. You don't know how many accounts people have setup just to make a lot of...

We discussed liquidation and the Golden Share back in 2013 - it's too long ago for my memory. But I seem to remember that the Golden Share is not a commercial product you can buy or sell. I believe it's the property of the FL and is granted to a club that ticks a lot of boxes - for instance has...

Hoffman, Elliott?

4. Issue for £40m bonds, cash in the loans and sell the club to the trust for £1

Letterhead gate 2.0

Don, you may be pleased that the lease holder of BPA has the same opinion. http://www.coventrytelegraph.net/news/coventry-news/butts-park-arena-lease-holder-11375016

I don't know, you tell me. Someone must have introduced them and it certainly wasn't me. Was it you? Or any CCFC fan?