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The accounts show no signs of the club paying interest on the SISU loans. It may have changed since 31/5/2010 but I doubt they will charge interests untill the club starts to make a profit.

As explained by OldSkyBlue58 i FAQ 2: The liabilities were at takeover written down from £43 million to £8 million. So the original creditors took a hit of £35 million. The looses from takeover to 31/5/2008 were £3 million funded by SISU, so at that point the debts were £11 million. At 31/5/2009...

Thanks Paxman. All credits should go to OSB and his incredible knowledge into the mysticism called accounting.

If we slide down the divisions as you say then the investors will never make any money. If the club starts to make a profit it will only be in this division or the one above. In that case the investors have turned the club around, stopped the bleeding and put it in a better condition than it was...

Why would it be depressing if the investors got some return on their investments? If the club gets to a stage with profit, then surely nobody could argue if they started charging interests. After all - interests is actually the price of money. How about the other employees at the club...

Not everybody reads every thread or post. It's true that especially OSB have written the same stuff over and over in an attempt to explain the accounts and finances to individuels. So that's the reason for this FAQ series - now we can refer to what has already been written and as long as the...

1. SISU have siad they have secured funds till the end of season. When they filed the latest accounts they had to show the club was funded at least another year, otherwise the accounts wouldn't have been accepted. Having said that, you must remember the club employed a new board back in March...

We have in the previous two FAQ’s concentrated on giving our view on the way the club is run and explanations of some of the financial information. To tie the knot we will turn to the vision and the strategy of our owners. This by its nature is more subjective and open to differing views...

They may hold assets that offset the liabilities, so the amount of liablilities are not necessarily accumulated losses.

Only SISU themselves are NOT funding CCFC! This is probably the most common misperception. SISU are managing the funds setup to own CCFC. The money comes from SISU clients.

You should read OSB's analysis - top thread Money Talks. Should you still think the losses are bogus, then write a comment in that thread.

I should probably leave this to OSB, but a quick look shows a business in great trouble. A yearly loss of almost 65% - that is, for every £1 they earn they spend £1.65. One thing that for sure seperates QPR from CCFC is interests paid - they spend >20% of their income on interests. As we don't...

The simple voting system is actual much more common than voting based on shares. The logic is that a board is supposed to be populated with professionals who are all important to the development and overseing of the operations - AND and this is also vital, each member of the board is equally...

You're welcome. I will go home and have a nice sip of one of my favorites: Glenfarclas 21yr. When my wife objects I will say you told me to.

I can't recall any player being here from acadamy till retirement, so he will most likely be sold at some point. Unless he is appointed our franchise player :thinking about:

Keep OSB out of the 'you guys' - he is nowhere near mocking anyone or being condensending. In fact he is very balanced in his oppinions. Me you can call whatever you like - I write my oppinion without weighing my words.

Again? :D Still, people have the right to be concerned.

Yeah, but that wouldn't work either, would it? This thread is already 6 pages long - filled with speculations and allegations. Now that rumor should at least be dead in the water .... for a while.

Ranson said when he and sisu took over that he promised: Financial stability and a platform to achieve its commercial and sporting aspirations, which were promotion to the Premiership followed by repurchase of a 50% share in the club’s swish, lucrative Ricoh Arena home. In other words: First...

Patience pls ;)