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depends how the money put in GSS. If it is put in as loans then debt remains but if put in as share capital then the balance sheet is viewed as stronger, stronger balance sheet gives us a better credit rating, could lead to shares being offered to fans, a whole better feel to the club..... to...

Not defending them sharpie but i dont see it as they are all bad. I never have defended SISU but i do express how i think things are. Just like you its just an opinion :) I take a realistic approach i guess, they are here and in control for now and we have to work with that - that does not...

Good point chiefdave - have nearly always been able to have a bit of good humoured banter at other grounds I have been to (except Forest). Our stewards do seem to have a mandatory humour bypass

taking ailing loss making companies with few assets and turning them around for a sale is SISU's core business - its what they do. Its business it has nothing to do with love of anything. Its like saying Venkys went into Blackburn because they loved the club - they didnt it was a business...

All the members of the Boards that BR and GR were part of bear some responsibility for the mess we got ourselves into - yes to differing degrees but they all are to blame. A board of directors have a joint and several responsibility to ensure that decisions are taken in the best interest of the...

Actually we have less debt than GR etc left us with in 2007 - what it currently is for the SBSL group is unknown but I doubt it is increasing as rapidly as it has been over the last 10years. They havent financed next years season tickets they financed this years to get the money upfront rather...

Just one thing that your post doesnt emphasise Astute. The implication is that what is happening with the finances and youth now is what has happened from day1 - clearly it hasnt. Had SISU been so intent on balancing the books at the start they (a) would not have allowed RR to lose control of...

no havent seen that report wingy - have you got the reference to it ?

Accounts is how I make my living SBA :)

in terms of similar crowds what about Reading ?- 2009/10 season very similar

without going through the other clubs accounts I cant say shmmee ... to be honest I cant even say if i agree with nonleaagueherewecome's statement..... just dont know. Each club will be different, some will have owners funding the shortfall by lending their club money others will have owners...

the money higgs put in would have been to fund the stadium build and as it is a 50:50 venture would have matched the council. It wouldnt be 50% of the full cost because something like £20m was financed by a loan to ACL. What Higgs trust and council didnt do is to put money in to pay for day...

Thanks for the contributions guys. Very conscious that I view things with an accountants view point, doesnt mean I dont have the passion just that I question (as everyone knows) the figures. Think the parallels with religion and art are good ones. All come down to throwing money at...

As we paid out more wages than turnover in 2008 to 2010 before paying for anything else like rent, electric, amortisation of players contracts etc it is not at all surprising that we had losses SBJ. SISU put money into SBS&L to fund the cashflow shortfall caused by those lossses, to pay off...

All i can tell you is that £35m of debt was written off on takeover and that april 2008 there are a number of satisfaction of mortgage/charge forms filed at company house. The accounts do not mention any security given to the three you mention from 2008 accounts onwards. The accounts do...

You wouldnt pay more than was owed (that would equate to a loss on a loan)and only charge in Profit & Loss account would be interest. If less was than outstanding was paid to settle then this would be written off in the Profit & Loss account (and seperately disclosed) but it would decrease any...

Its 1st April Godiva I reckon SISU knew before this that there might be a bid but in any case it would be a sensible thing to do given the state of the finances. Dont think it raised any finance at all merely secured what was already owing to SBSL by CCFC H and any future amounts paid from...

The charge is in favour of SBS&L and is over all assets of CCFC Holdings Ltd. But like you say was probably done to safeguard against the bid or Administration. It also means that to get hands on the club any bidder I would think has to bid for SBS&L which in turn means they would have to settle...

You may well be right about the original charge and why it was taken out crowsnest A new charge however was taken out on 01/04/11 which according to Company House is still outstanding as no declaration of satisfaction filed for charge number 20.

"What ever anyone's thoughts on the protests, it's been a long time since I felt as many skyblues fans as united as we were against Watford & derby. It has without a shadow of doubt made a good atmosphere at the Ricoh. " Got to agree with you there gaz PUSB