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Yes, cash flow is the key. But as long as there is income there's a point where cash flow is either neutral or positive. I think they planned for another season at Sixfields and set the cost accordingly - at least they were forced to by SMCP. I don't have the insight to know if the preseason...

It's that kind of thinking that make a few hope relegation would be 'the cure'. But I think sisu's strategy of making sure the club is independent of the owners (stop the constant stream of 'send more money' mails) would mean that relegation would be met with even more cost cuttings (more...

We're not losing 200k/week. Arvo injected £1.5m (as equity) in pre season and according to TF the club hasn't received more. One thing to remember - if the club is an attractable acquisition to others, it's probably equally attractive to the owners to keep. One exception though - if wasps/acl...

'How is your daughter today?' Or 'Can you prove she is even your daughter?'

I have put two sentences in bold: 1: I don't think the Trust need anyone with those qualifications. I believe they have a few who tries to be and that is part of the problem. What they need is someone slow, methodical, analytical and stubborn. Someone who thrives in details. Because: 2: The...

All very funny, but I say he stays injury free and play the remaining 8 games.

It's more interesting to check his facts. We now have on record TF saying CRBE held conversations with Rugby Borough - and we have on record Rugby saying no conversations happened. Now we need to go back to Rugby, show them the SCG minutes and ask if they want to change their statement...

I think OSB said that although TF was right in saying sisu didn't take out any money, they might (assumption) be able to benefit from charging interest that's then converted to equity, as that will raise the asset base they are managing and maybe they then receive an increased fee from the...

Or as I use to say: Just because I love my wife, it doesn't mean I hate all other women.

First thing I noticed is no mentioning of ARVO - everyone else is there. Second the FOI request does not include a specific period. May not matter, but on the other hands it could provide a loop hole. In any case, next thing to do is (taken for gov.uk): Have they been asked to review their...

Oh, God Bless Nigel Hawthorne, may he rest in peace. (He was even born in Coventry)

Hmm - if I understand OSB correctly - and mind you, I had to read his post 5 times - I think he imply they are converting debt to shares because that way the asset value of the company - and thereby the funds they manage - increase. In increasing the value, they receive a higher payment (from...

Everything turns into black or white. It's either 'them' or 'us'. You're either with 'us' or against 'us'. If you agree with anything 'they say' you disagree with everything 'we say'. Boring, simplistic and wrong.

I am by no means an account analyst, but could it be the interests were converted to equity?

7pts from the remaining 8 will keep us up. We need Reda Johnson back.

We need him for three games to get the seven points that will keep us up.

Management fee's? How many times ... Ok, I'll play along. How much are these management fee's and who are they paid to? And while we play, how much money was taken out of the club of the debt interest charges? Apart from that, if you believe the club could be an attractive acquisition for A.N...

I think not - to me the whole rent issue was a necessary story line to support the claim that the club was on the brink of extension. This way the ACL and the Yorkshire Bank mortgage was at risk. The main goal (as I see it) was to have YB to take a significant hit on the loan and thus 'pay for'...

Me too. If the board want to sack me I am due compensation and I will pursue it. A contract is contract - yes, but it's a list of terms and conditions and not everything that can happen is included. That's why litigation over contracts are much more common than you would think.

Which is why I offered a possible case for their dispute: