I know this exactly what the Telegraph reported this morning but it's an absolutely farcical statement to make!!! What a stupid time to put something on the website as well.
These guys have no idea how to keep fans happy and run a football club. Did they think we would cheer and celebrate this pointless statement.... Not diminishing the fact that they are fantastic business men, if ccfc sold cookies and was not our beloved football team, I would be very excited with them at the helm. The fact of the matter is, we are not ur run of a mill business, we are a football team, totally different entity, so please f*ck off!
If it is actually a "bank", could it be Hoffmans Northern Rock in a deal to take over, considering they have another meeting organised about the taking over of the club.
No i dont think there is going to be any backing from Northern Rock - still a bank in crisis and arent they government owned ? would be up roar if they invested in ccfc
The statement is at least the official one not the chosen journo bites of the CT reporter so carries more weight
The bit about the "bank " confused me too - does he mean that the club or group now have a bank loan or that SISU funds have borrowed the money or is "bank" =SISU? If it is a new bank facility then that is actually in one sense good news because it means the bank have looked at the books and concluded we are going in the right financial direction - even without major assets they are prepared to back the club on the basis of the plan. Would say assuming they stick to the finance improvement plan that the threat of administration is eased. What that means for the liklihood of player sales is another question though
Just wondered why it is that people continue to believe that football clubs are an exception to the basic rules of business ? Claiming to be an exception to the rules is what has at least in large part got us and many other clubs into the mess in the first place
Doesnt sound to me that SISU & co are planning on going any time soon. KD actually said on radio SISU want at least most of their money back - thats a big gap for GH or anyone else to bridge