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  1. chiefdave

    Crewe (Away) Match Thread

    He was missing a lot when he was here.
  2. chiefdave

    Back to being the biggest club in Coventry?

    The accounts you've linked to show a £9m loan and the club running at a loss.
  3. chiefdave

    Back to being the biggest club in Coventry?

    Seems like there's two different things being discusses. Management fees - to date there is no evidence that SISU have taken out management fees. Italia appears to be hopeful that there will be some evidence in a future set of accounts. Loan interest - loans made to CCFC have been accruing...
  4. chiefdave

    Crewe (Away) Match Thread

    Might as well give us another goal now, he always scores 2!
  5. chiefdave

    Crewe (Away) Match Thread

    Sounds like a bright start.
  6. chiefdave

    Back to being the biggest club in Coventry?

    That post is about loan interest not management fees.
  7. chiefdave

    Crewe (Away) Match Thread

    Looks like its another great ref.
  8. chiefdave

    Crewe (Away) Match Thread

    If they want him to stay and we want him to stay I would imagine its just formalities that haven't been done as it's been Xmas / NY.
  9. chiefdave

    Crewe (Away) Match Thread

    They had a chap from the local BBC station on, he said there won't be a problem.
  10. chiefdave

    How many?

    All depends on how many people turn up right before kick off without tickets ;)
  11. chiefdave

    Crewe (Away) Match Thread

    CWR saying they will kick off but might struggle to finish the game. Is it that bad up there?
  12. chiefdave

    Back to being the biggest club in Coventry?

    What point are you trying to make here Tony? Most businesses don't loan money to others without charging interest. If nothing is being repaid then the interest is adding to the debt. They won't just write it off unless there is a situation that forces them to do so.
  13. chiefdave

    Crewe sold out

    Are you not allowed to support Crewe if you don't live there?
  14. chiefdave

    Back to being the biggest club in Coventry?

    Thought 75% of creditors had to agree to a CVA? Therefore if you have more than 25% of the debt the more power you have when it comes to negotiating a CVA.
  15. chiefdave

    Crewe sold out

    Why have so many turned up without tickets? I don't understand how people have so much grief with ticketing. How hard is it to buy them when they go onside or in the weeks before the game? If you decide to go at the last minute to smaller grounds with a limited ticket allocation you're always...
  16. chiefdave

    Crewe (Away) Match Thread

    That was quick. Another cracking effort form the SBA.
  17. chiefdave

    Back to being the biggest club in Coventry?

    Off the top of my head: In the event of administration a great debt gives you more control In the unlikely event that we have a lot of money at some point the whole amount can be taken out It's not being loaned out of charity, those making the investment are expecting a return The implication...
  18. chiefdave

    Back to being the biggest club in Coventry?

    Yes there is because the bigger the pile the bigger return. Lets say you lend me £1K and I can't repay it. What is the best option for you: 1) write off the £1K, you receive nothing now and nothing in the future 2) keep the debt but don't demand immediate payment, you don't get the money now...
  19. chiefdave

    Back to being the biggest club in Coventry?

    Written off or converted to shares? They are two very different things. If the debt has been written off then it no longer exists. If it has been converted to shares then it will be down to what price SISU will sell the shares at. So if they've converted £60m of debt into shares but will only...
  20. chiefdave

    Back to being the biggest club in Coventry?

    Or written off. Most likely if and when the club is sold a pence in the pound offer will be made on the debt, as when SISU took over. Having the debt still on the books is to their advantage when the other option is just to write it off any not receive a penny.
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