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Two things: 1) I am certain Mr Appelton (his staff) has gone through the books with a magnifying glass. If anything illegal was found it will be in his report next week. 2) I largely agree with your post with one exception - It was my understanding Fisher said there was one bank account shared...

No I don't think he did. My impression was he tried his best to blame the mess on the various accounting practices done by previous managements - including those under sisu. We are all aware that it is most probably a careful thought and executed plan to escape the Ricoh lease, but still - I...

I was wrong in taking back that equity increase count as revenue in the FFP calculation. OSB asked FL:

Was that really precisely what he said?

I think it was about documents showing players were at some point pre Fisher registered in Limited (as Fisher said at the Forums), but when the club entered administration they were mostly registered in Holdings (as Fisher explained at the Forums) ... and that somehow is evidence that Fisher is...

But there was a small asset value regarding players left in Limited, wasn't there? I thought initially it was Bell/Sheffers on long contracts, but it could well be Murphy.

I think this is where the much mentioned Management Fees kicks in. Holdings charged Limited a management fee to off set the income in Limited. I think. But I am not an accountant.

There may be more than two options, but as I see it (in my worldwiev) Either The proposal was made by Ranson/Hoffman/Elliott and veto'ed by Igwe - in which case sisu are not that daft and Ranson/Hoffamn/Elliott surely are Or The proposal was made by Igwe and voted down by Ranson/Hoffman/Elliot...

Not really. Buying and selling of shares is not accounted as revenue.

Yes, sponsorships are possible. If they print 'SISU OUT' on the shirts they will surely be able to sign 11 premiership quality players.

No, I take that back! I was relying on the explanation from this site: http://www.financialfairplay.co.uk/ But I see the site has been updated on July, 10th and now clearly says that any club in league 1 is restricted to 60% of turnover. I don't know if this is because the rules have been...

I think you will find Fisher is acting on clear orders from the owners. Apart from that - FFP regulation allow you to include money injected as equity. This means that the necessary funding of losses can be put in as equity as opposed to what we are used to with sisu - loans. So there is a way...

I am very happy to be corrected by someone who know facts. The lack of hard facts lead to speculation, and I am prone to speculate just as much as the next guy. Maybe more. But please enlighten me then - am I right in believing Mr Appelton listed ACL as creditor owed somewhere around...

Players registration (in terms of assets) were mostly with Holdings - only a few were with Limited. Players registrations were all in Holdings in the FL register. It was paramount the administration was done with speed to start the new season out of administration. This didn't happen and is...

This is not accurate. They pulled £500k from the escrow and took an unknown amount from the ccfc bank account on a certain date (as permitted by the court) plus they received some $530k from the administration. That should cover all rent owed up the time of administration. After that they...

It really comes down to what do sisu/Otium/ccfc actually want and what is ACL/CCc prepared to make a deal on. If sisu want ACL and if CCc only want to talk lease and matchday revenue - then there is no point in calling in a mediator or even get together around a table. I would like to think CCc...

If true and consistant over the entire season, then good for them. If this is true for most or at least the largest businesses at the Ricoh, then it kind of turns the situation upside down. Surely if they earn more with the club gone, they won't have us back?

Someone else tried that argument in this thread. But ...

They did not turn down £600k - accepting or refusing the CVA would leave them with the same financial outcome ... I believe £530k. This is because FL set as a condition for transferring the GS to Otium that any non connected creditor should receive the same compensation as they would under the...