Not sure if this helps with anyone's argument over ccfc ownership by SISU or not (or the opinions on whether she's a liar or not).
Extract of Joy Seppala letter of 8th May 15.
SISU Group acquired Coventry City Football Club in early 2008 and are proud owners of a great football club....we have...
That property was sold last Nov for £1.5m. His latest Company listed a different address, although that doesn't mean he lives at that address, if he does it's a bit climb down the property ladder.
The judges opinions carry on with........
Extract
Ms Seppala was the least satisfactory of all the witnesses. In making my general
comments above, I said that no-one was deliberately lying. But I fear Ms Seppala has a
distorted recollection of some events – particularly about what happened at...
I think the £1m profit figure is in respect of 31.5.16 year end. He talked about the figures at the Oct SCG meeting.
Extract.
Financial Numbers - The scare stories circulated by people who simply don’t know our financial numbers are disappointing. I find this misinforming inappropriate and...
The £15m loss included a write off of goodwill of over £6m, so he is right, but its not a cash item and its not really a trading item in the year. So its not really a fair comparison.
If he is using those accounts he should also highlight that he has overseen a reduction in income of over £10m...
There seems to be no thought from Fisher that better results, and/or better entertainment may help grow income, seems to be all about cut costs to whatever income happens to be. No ambition, just exist.
How much do we think a redevelopment would cost, who would fund it, and what return would they want for their investment? Unless someone is freely giving the money for the redevelopment, it seems to me that the rent will be very expensive.
Yeah, says IT consultancy and other sports per the Company records, but the classifications can be quite vague. Been set up with Peter Tierney, our old sports science(?) chap.