The suit/countersuit was a prelude to the JR - the result was a disclosure of a number of documents that was otherwise out of reach for sisu.
(Wasn't it then the 'Hell Freezes Over' note was first revealed?)
What are friends for?
You must be a wanna be politician the way you twist my words. I never said 'upper-class people make their money is criminal'. Use the excellent quote function.
In post 44 I mentioned that I had forgotten CCC in the long, complicated list of involved parties who hide their motivation and...
Ah that - like almost every major company with operations all over the world. They simply make sure they pay their taxes in the least expensive country.
It's different from sisu/ccfc as ccfc does not trade with other sisu companies in low-tax countries so they can't 'shift' profit/tax from...
I think there is a tiny flaw in your post when you say sisu need a loss making company to offset tax. Even if tax from losses can offset tax from profits, it's overall better to have no loss making companies at all.
I haven't even remotely implied that it's ok if any of our shareholders have made their fortunes in immoral or unethical ways. Just that we don't know and there is no way we will ever find out.
Why bring the council into this discussion? I don't see the relevance. Unless you're implying that...
Well, I definitely got the impression you tried to make them look guilty by association.
When it comes to FA - they use the same guideline as the stock market. You cannot stay anonymous if you are a major shareholder.
BTW, I own shares I 12 different companies and is a major shareholder in...
And by doing so you are trying to plant a seed of suspicion.
It's not even necessary to make this sort of indirect character assassination - you can simply point to facts of how they manage the club. It's not like you'll be out of ammunition any time soon, is it?
So does that prove that our shareholders use sisu to launder money?
How many fortunes have been made on high moral and impeccable ethical standards? Even the upper-class's old money may have been made by extortion, exploiting, violent means.
Do you know that most pension funds place a part of...
You say 'secretive' as if they hide their identity deliberately. I wonder if you think they are drug barons or women traffickers?
Anyway - those anonymous shareholders are really not important as they don't call the shots. They have placed a tiny part of their fortunes in the hands of a...
I must admit I can't remember the £600t you mention. Could it be some debt converted to equity? Or simply cash for equity to comply with SCMP (FFP)?
10% interest rate sounds pretty high, but ask yourself what rate you would demand for loaning money to the club? In any case, the creditor will...
It's all very complicated. Sisu, Scornset, Arvo ... SBS&L, ccfc holdings, ccfc limited, otium ... ACL, FIL, North Coventry Holdings, Higgs Charity, Compass, IEC ...
Is it any wonder we get lost in the who-is-who?
It's not really 100% clear if interest has been paid out at any time - but could well be. The point is that even interests are not going to sisu, but to those who loan the club money (like ARVO).
Interest is the price of money.
Any loan to any lender is given on the basis of the certainty of...