Search results

Touché. :D

Ah, but my point was that when a CEO and a Chairman steps down within a short timeframe - that is extraordinaire. It's a chain of events. Sorry for not being sharp and to the point in my first posts. Anyway, I am not giving any suggestions as to what may or may not come.

Something really is changing. The CEO resigning and the Chairman stepping down (by choice or by order) - those are facts. And in any context, those are major changes indicating something very extraordinaire is happening.

He hasn't really been a success, has he? He takes credit for lowering the deficits, but in fact that credit should fall to the CEO and CFO. The stuff that would really matter like bringing in new investors (or leading a sell out), getting the club reunited with the stadium, make sure we have the...

Tim Fisher has been appointed interim CEO, but there is still no sign of a new chairman. And I am a little confused about KD stepping down as chairman without a replacement ready to take over. It could be a sign of a dispute between KD and sisu. Remember Ranson was also moved aside but...

I think Otium was formed back in March.

I would think future loans would be difficult to obtain if the fanbase sits on a controlling part of the shares.

There are many ways to interpreted this: 1) The board recognize dealing with the local community is the only way to gain support for a merger between the club and the stadium. 2) The board recognize the only way to halt the sisu out movement is by putting up a local face as front. 3) The board...

Very sensible post. You know what - if the stadium was 100% owned by private investors or even another hedge fund, they would probably buy the club. And then (what should be) the fans wettest dream would come through.

Agree with that. Gifts are always welcome, but investors are not like that. They want a return of their investment and assest to offset against their investment. You know what - I think too many have tried to be too creative for too long. Going back to the old virtues of 'living within...

The ACL part is surely just a stepping stone towards owning the whole stadium. If you for a moment forget the name and history of current and previous owners then it would be the dream scenario if the club and the stadium again were under one hat. Times changes and somewhere down the line I...

Don't be so modest - it doesn't suit you :D:D

According to OSB the funds own shares (bought at £1). Had they injected the £30m as equity and thereby obtained new shares, those would be subject to decrease in value as the club continuously have been accumulating losses. A takeover today would mean they would stand to lose a great part of...

Yes they do. That would be normal practice.

I understand what you say, and it makes sense if the SBS&L loans are part of many other investments. Yet, we do not know and I would not bet on it. Hedge funds are known as 'happy to share profit' but 'avoiding to share losses'. It may not be fair, but on the other hand they have to make a...

Yes, but I am sure you are all for confusing accounts given your profession :D. Anyway, there is logic behind most and confusion is simply us missing out on the logic. I think they arranged the capitalization as loans for a number of reasons - most prominent as the value of loans does not...

:D:D:D You could be closer to the truth than I am.

Maybe the name is a clue? Otium can be related to retirement and so could be related to either Ransons retirement from the club or sisu's retirement from the club or the clubs retirement from business. But otium is also related to leissure time and could then be related to taking over the...

Ok, this really is quite complicated and I understand why we all get confused. But please allow me to correct you on a few points. 1) You mention KD, OI and LB and refer to other previous borad members and call them investors. That is not entirely true. Only Brody is a shareholder on our...

If they leave and somebody buy out the loans at a discounted price, then sisu will lose the abillity to make money from administration fees from the funds. As long as they stay and as long as the loans are not defaulted (defaulting will be difficult as there are no interests and no periodic...