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    Latest Trust Email

    Seem to me the Trust are abandoning their own constitution. New people with their own agenda have taken over. The Trust is not to be trusted.
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    Companies Act Section 441 and 551

    zero % chance that will happen.
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    Grendel please explain !!!!

    Oh I have been very critical of sisu - especially about their total ignorance of involving the fans. They should have embrased the Trust and provided ALL information they could. The cloak and dagger tactics around obtaining part of ACL was misguided and insted they should have laid all cards...
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    Grendel please explain !!!!

    No, they say (and have handed over documentation to the court) that they agreed with ccc to buy the mortgage from Yorkshire Bank at distressed value and write if off. Then they would buy the Higgs shares which with the mortgage gone would have an increased value (as would the ccc shares). They...
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    Grendel please explain !!!!

    It was first used by Ranson/Hoffman. And yes it has a cost, but Ranson had no other option as sisu had refused him more money. And they still refused to put in more than absolutely necessary until there was a sustainable plan going forward.
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    Grendel please explain !!!!

    How is it convenient? If they wanted to lower the wage bill they would simply do it. Oh - you're saying they are afraid to alianate the fans? Really? They don't need a smoke screen to hide behind.
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    Grendel please explain !!!!

    What exactly would they gain from that? How would it work? How much have they 'dumped'? Why didn't they put 'that dumped debt' into limited and got rid of it while they had the chance? Why didn't they abstain from bidding leaving all the supposed dumped debts to others? And what is their...
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    Grendel please explain !!!!

    The money (investment) was injected as loans from day one. It hasn't suddenly changed. They could have injected the money as share capital/equity, but they were clever enough to use the loan option to guard against future hostile takeover attempts.
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    Grendel please explain !!!!

    Up and till the last known accounts the loans charged no interest. That's the known fact. Why would it change? They are trying to bring the club to break even, that won't happen if they suddenly start charging interests and fee's. Fisher did NOT say the accounts were wrong - he said they were...
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    Grendel please explain !!!!

    It's been explained just about 100 times in threads that you have participated. Why would you ask about the debts level again - you know it's purpose is to protect against hostile takeovers. Ask Hoffman how effecitive it is. Why would you ask about management fee's when you know it's not to pull...
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    Financial fair play question

    League 1 and League 2 League 1 and League 2, clubs have chosen to implement the Salary Cost Management Protocol (SCMP) first used in League 2 in 2004/05, although it will operate at different thresholds in each division. The SCMP broadly limits spending on total player wages to a...
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    I don't want to support SISU - but i don't want to kill CCFC either...

    First of all - it won't be 0 attendance. There will be thousands. Belive it or not, there are a few who support the team and don't really take too much notice of who the owners are. We will still field a relatively high value team this season, so there could even be a few wins which will attract...
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    I don't want to support SISU - but i don't want to kill CCFC either...

    No, I don't think so. No football creditors are suffering losses.
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    Sisu's Thinking...

    But that venue is far too small to create future value. It's when they buy a large piece of land and get planning permisson for a stadium value starts to build. They sell off some of the land outside the stadium site to property developers and score a profit. Then they sell leases to shop owners...
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    I don't want to support SISU - but i don't want to kill CCFC either...

    Change of secret password will do ...
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    Sisu's Thinking...

    Is that a fact you care to back with evidence? Do you think they will be allowed by FL to stay at nene park?
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    I don't want to support SISU - but i don't want to kill CCFC either...

    Why shouldn't it work ... what won't work? Why wouldn't it benefit the club?
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    I don't want to support SISU - but i don't want to kill CCFC either...

    Haven't you just slagged of another poster for not backing claims with evidence?
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    I don't want to support SISU - but i don't want to kill CCFC either...

    ccfc limited will most likely be liquidated as part of the exit from administration (owners voluntary liquidation), but the club will not. If FL agree to the administrators decision, then sisu will ask the return of of the golden share and that it is registered with Otium, holdings or SBS&L.
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