A Sisu not just for xmas but for life !!! (1 Viewer)

sky blue john said:

I think Sisu still will go after the stadium then maybe sell club and stadium package !!!
Look at the facts they are dumping 60 million pounds of debt. Of which they will claim millions in tax relief !!!
The club will then be debt free but still in sisu control.
This is not the end of sisu !!!

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sky blue john said:

I think Sisu still will go after the stadium then maybe sell club and stadium package !!!
Look at the facts they are dumping 60 million pounds of debt. Of which they will claim millions in tax relief !!!
The club will then be debt free but still in sisu control.
This is not the end of sisu !!!

Click to expand...

sky blue john said:

But the majority of the debt is to themselves so they can agree what they like with themselves. Thats how i see it I might be wrong.

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sky blue john said:

I think Sisu still will go after the stadium then maybe sell club and stadium package !!!
Look at the facts they are dumping 60 million pounds of debt. Of which they will claim millions in tax relief !!!
The club will then be debt free but still in sisu control.
This is not the end of sisu !!!

Click to expand...

CJparker said:

No, the debt is to their investors who I believe include a Pennsylvania university pension fund. Most likely, as you say, is that they could write off tax elsewhere in their group by declaring these losses - question is whether they can do this by selling CCFC or whether they would have to liquidate.

We are getting into the complex world of international tax law - far beyond my ability to blag

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