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    When CCFC was sold to SISU didn't we have 30 million pounds of debt?

    It's better they ask and get answers than speculate based on false premisses. OSB will shortly give a brief walkthrough on the most common questions about the finances. Look for FAQ - 2 Money Talks within the next few days.
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    FAQ 1 - The Beginning

    Based on the 'facts' above I would like to point out a few things. SISU tried to do what investors normally do - provide the money and then sit back and let 'the professionals' run the operation. They did it knowing that if the professional ... aka Ranson ... failed, he stood to lose more than...
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    FAQ 1 - The Beginning

    Back in late 2007 our great club was in dire straits. We were all but declared bankrupt and only waited for someone to call the administrators in. The bank was tired of sending payment reminders and even Robinson had decided it was time to sell up and get back whatever he could - which was not a...
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    more lies from sisu....

    From the open letter: "Despite a number of approaches, we have declined substantial offers for Lukas Jutkewitch and, as widely reported, other players, in order to maintain our commitment to compete at this level." Nowhere does it say they were never going to sell him. I read it like this: We...
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    Divided fans.

    It's not simple - in fact it's quite complicated. What is actual facts, what is hearsay, what was the original conditions, what changed, who is SISU (not Elliot), who was/is actually in charge .... it's very complicated. Bottom line is we are where we are. Nobody knows if we would have been...
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    Divided fans.

    I don't want to spoil your party with something as tedious as facts, but ... The take over was in 2007 Dann and Fox left in 2009. While the ink was drying on the contracts, the budgets were not followed and thus players had to be sold. SISU are not sugar daddys - did they ever promised to be?
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    Did SISU part with £400,000 for McDonald ?

    Great - then lets do it. We may need to collect a list of issues and then start a new thread dealing with those issues post by post. I have a meeting in a few minutes then in the afternoon we start build the thread. Lets do the list here though: Stadium purchase Cash flow vs overall losses...
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    Did SISU part with £400,000 for McDonald ?

    I think you have given this answer many times and your stamina is admirable! Would be great if this and the dozen other standard answers could be made sticky. Could ease the wear of your keyboard.
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    Can I have an Update please

    One thing you need to calculate into your sisu/ranson analysis is the part where ranson holds 20% of the shares. sisu - as most investors - from day one demanded ranson to place his hand on the hot stove. It's a common - though pretty twisted - investor logic, if the man who wants the capital is...
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    Can I have an Update please

    Fair enough - you have made u your mind and nothing said or done to put a different perspective up will make you think otherwise. I just want to add - the original budget was made by sisu and Ranson. If he failed to convince sisu to put in more (to become sugar daddys) that can only mean that...
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    Divided fans.

    You can't support the signing of Cody?
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    Can I have an Update please

    As it says in the letter sisu tried to be 'normal' owners leaving the business to the board. The board establish a strategy confirmed by the investors/owners - then leave it to the CEO and the rest of the club to live up to the plan. As the CEO was Ranson - HE had almost complete power. Now sisu...
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    Can I have an Update please

    I was not suprised by the content of the letter - nor by the timing. In broad terms it just about confirms what I have been saying all along - SISU left the business to be run by Ranson and the board - Ranson in the role of both chairman and CEO - and that this was a huge mistake. It is also...
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    Can I have an Update please

    Welcome back mate hope your tan won't get you in trouble. People on here may think your name is Ken. I can see a very good reason why a swap Turner - Parkin is worth more to Cardiff and worth less to Coventry ... weakly wage budget. With Parkin on the books at say 7K/w that equals to >350K a...
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    Letter from SISU to the fans

    The letter was written by SISU - Ken is NOT sisu, he's the chairman. You are right about timing not being coincidental - they waited till after the transfer deadline to show they are actually trying to strengthen the squad at AT's requests. They never had any intention of selling half the...
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    CCFC shares?

    Yes, I think that will be something they would consider. They are looking for further investment funds and the only way that can happen is by issueing new shares. Could be B shares with limited voting rights. Maybe they will set aside a portion (2%-5%) to fans when they put together a fund to...
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    Ranson

    Remember this thread: http://www.skybluestalk.co.uk/threads/8013-Put-the-blame-where-it-belongs
  18. G

    I see Mister Epoch Database has shown his ugly head again

    Wind Up Merchant - like me, apparently.
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    SISU Out Protests Plan Thread.

    I am not a lawyer, but to me it looks like the forum is now an accessory to the campaign. For the record it should be noted that I am not part of the campaign and I think it is the wrong strategy at the wrong time. I can't speak for the rest of the 2000+ registered members.
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    SISU Out Protests Plan Thread.

    It would bother me!
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