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Coventry City FC's Players are registered with Limited, not Holdings (2 Viewers)

  • Thread starter FootyLawBlog
  • Start date Jun 28, 2013
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FootyLawBlog

New Member
  • Jun 28, 2013
  • #1
- according to Tim Fisher and Paul Appleton.
 

CJ_covblaze

Well-Known Member
  • Jun 28, 2013
  • #2
Isn't it stange how I pointed that out to Fisher and Brookfield at one of the forums and they denied it.
 

letsallsingtogether

Well-Known Member
  • Jun 28, 2013
  • #3
Yes because they can't help but lie what future do we have with monkeys like that running our club if he said we play in Sky Blue I wouldn't believe that ether.
CJ_covblaze said:
Isn't it stange how I pointed that out to Fisher and Brookfield at one of the forums and they denied it.
Click to expand...
 
R

RoboCCFC90

Well-Known Member
  • Jun 28, 2013
  • #4
CJ_covblaze said:
Isn't it stange how I pointed that out to Fisher and Brookfield at one of the forums and they denied it.
Click to expand...

In fairness CJ you were supposed to have one question and you took up 15 mins of the forum..
 

blueflint

Well-Known Member
  • Jun 28, 2013
  • #5
this is getting worse by the day who is telling the truth who can i sue as i feel i want recompense for all the crap i've had to wade through
 

Sky Blue Pete

Well-Known Member
  • Jun 28, 2013
  • #6
Outrageous!! How can we get out club??

Some people were saying are we sure we can trust Sisu 6.5 years ago and significant coventry stalwarts were drowning out their voices!!
 
W

wingy

Well-Known Member
  • Jun 28, 2013
  • #7
RoboCCFC90 said:
In fairness CJ you were supposed to have one question and you took up 15 mins of the forum..
Click to expand...

But looks like they were telling tall ones .
 
Last edited: Jun 28, 2013
D

Ddccfc

Guest
  • Jun 28, 2013
  • #8
Look at the value of the player registrations in that document.

It is far more likely that the bulk of registrations is with Holdings and perhaps one or two are with Limited.
 

Nick

Administrator
  • Jun 28, 2013
  • #9
It puts the "Limited has nothing of value" comments to shit then doesn't it?
 
D

Ddccfc

Guest
  • Jun 28, 2013
  • #10
Nick said:
It puts the "Limited has nothing of value" comments to shit then doesn't it?
Click to expand...

Not if that one player registration happens to be Malaga or Chris Dunn...
 
L

luwalla

Well-Known Member
  • Jun 28, 2013
  • #11
Ddccfc said:
Look at the value of the player registrations in that document.

It is far more likely that the bulk of registrations is with Holdings and perhaps one or two are with Limited.
Click to expand...

thats pretty much what tim fisher said at the forum i went too.. he said something along the lines of , he said the paperwork is all over the place.. some staff are under ccfc holdings.. some under limited.. and some under totally diffrent company names. he went on to say that while most players are registered under holdings , there were even a couple that had been actually been registered by limited.

and at 400k, that just sems to confirm what he said.. 400k is not very much in registered fees for players..
 

cloughie

Well-Known Member
  • Jun 28, 2013
  • #12
Ddccfc said:
Not if that one player registration happens to be Malaga or Chris Dunn...
Click to expand...

It said 'book value' and estimated to realise as uncertain. It does not mean that £466,000 is the value of the players
 
W

wingy

Well-Known Member
  • Jun 28, 2013
  • #13
luwalla said:
thats pretty much what tim fisher said at the forum i went too.. he said something along the lines of , he said the paperwork is all over the place.. some staff are under ccfc holdings.. some under limited.. and some under totally diffrent company names. he went on to say that while most players are registered under holdings , there were even a couple that had been actually been registered by limited.

and at 400k, that just sems to confirm what he said.. 400k is not very much in registered fees for players..
Click to expand...

the thing is that would suggest something of a policy rather than a bookkeeping mess !! WTF has been going on here ,thenn the mention of other players being held through other vehicles ,third party ownership looks a possibility.
 
W

wingy

Well-Known Member
  • Jun 28, 2013
  • #14
cloughie said:
It said 'book value' and estimated to realise as uncertain. It does not mean that £466,000 is the value of the players
Click to expand...

Did hear that rumour regarding youth players and the PFA. Wonder If they were registered in LTD as that is where Academy funding went to.:thinking about:
 
G

Godiva

Well-Known Member
  • Jun 28, 2013
  • #15
wingy said:
the thing is that would suggest something of a policy rather than a bookkeeping mess !! WTF has been going on here ,thenn the mention of other players being held through other vehicles ,third party ownership looks a possibility.
Click to expand...

Exactly - as I have said a few times ... the mess is from different account policies. The players still in limited are most likely Bell and McSheffrey who had long term extensions given by Dulieu.

The title of the thread is false - it is just a couple of players who are registered with limited. It does make me wonder how credible the blog writer is - though he clearly state somewhere on his blog 'I am not a lawyer' ...

You can link this information to the 'news' that Bell and McSheffrey are not included in the team going forward. Add to that the possibility of limited being liquidated and you may come to the conclusion that those players soon may find themself without a monthly paycheck unless they find another club.
 
Last edited: Jun 28, 2013
W

wingy

Well-Known Member
  • Jun 28, 2013
  • #16
A can of Worms Godiva.:thinking about:
 
D

Ddccfc

Guest
  • Jun 28, 2013
  • #17
I have it on good authority that the author of the blog has links with Mr Guilfoyle / ACL.

Do not underestimate the level of cloak and dagger, childish tactics being deployed by ALL sides in this sorry fiasco.
 
G

Godiva

Well-Known Member
  • Jun 28, 2013
  • #18
Ddccfc said:
I have it on good authority that the author if the blog has links with Mr Guilfoyle / ACL.

Do not underestimate the level of cloak and dagger, childish tactics being deployed by ALL sides in this sorry fiasco.
Click to expand...

Well, I wouldn't be surprised but I will need some hard evidence before I trust that to be true.
 
K

kmj5000

Member
  • Jun 28, 2013
  • #19
The 2011 accounts of Ltd signed off in June 2012 show Player Registrations as Intangible Assets with a Net Book Value of £1.8m - accounts signed off by Fisher and the auditors as giving "a true and fair view of the state of the company's affairs". The 2011 accounts of Holdings , signed off on the same day, show NO player registrations under Intangible Assets. Can't be any clearer than that can it?

As a matter of interest, Holdings accounts do show CCFC Ltd as a subsidiary with its activities stated to be "Playing Activities of a professional Football Club" !
 
W

wingy

Well-Known Member
  • Jun 28, 2013
  • #20
Godiva said:
Well, I wouldn't be surprised but I will need some hard evidence before I trust that to be true.
Click to expand...

It did cross my mind .

On your other points Godiva ,litigation all over It .PFA ETC third party ownership everywhere you look.
 
G

Godiva

Well-Known Member
  • Jun 28, 2013
  • #21
kmj5000 said:
The 2011 accounts of Ltd signed off in June 2012 show Player Registrations as Intangible Assets with a Net Book Value of £1.8m - accounts signed off by Fisher and the auditors as giving "a true and fair view of the state of the company's affairs". The 2011 accounts of Holdings , signed off on the same day, show NO player registrations under Intangible Assets. Can't be any clearer than that can it?

As a matter of interest, Holdings accounts do show CCFC Ltd as a subsidiary with its activities stated to be "Playing Activities of a professional Football Club" !
Click to expand...

It was all explained by Brookfield at the forums ... you can find audio of the forums on youtube.
 
G

Godiva

Well-Known Member
  • Jun 28, 2013
  • #22
wingy said:
It did cross my mind .

On your other points Godiva ,litigation all over It .PFA ETC third party ownership everywhere you look.
Click to expand...

And limited was actually established in 95 with the purpose of third party ownership. But I don't think anyone can prove third party ownership today due to Holdings and Limited having same owners and same bank account.
 

italiahorse

Well-Known Member
  • Jun 28, 2013
  • #23
Did the bidders know what they were bidding for at the time ?
Seems pretty essential to me.
Were the others told the players were in Holdings when SISU knew they were in LTD !!!
 
S

Skybluesquirrel

New Member
  • Jun 28, 2013
  • #24
I covered this a while ago.

http://aprisonofmeasuredtime.wordpr...l-club-is-not-a-football-club-without-players

CCFC Ltd used to show the players registrations as assets, buy and sell them and pay the wages. This has apparently been switched to Holdings Ltd at some point. My suggestion was it must have occurred after June 21 2012 - the date Fisher signed off the accounts and before the closure of the transfer window.

The FL have never commented on the transfer...
 
W

wingy

Well-Known Member
  • Jun 28, 2013
  • #25
Godiva said:
It was all explained by Brookfield at the forums ... you can find audio of the forums on youtube.
Click to expand...

Still sounds open to challenge to me ,however often its trailed doesn't necessarily make It the case. Seems arguments based around beneficial ownership in one Sphere ,contradicts a position in another .IE;- Legals over FL ??:thinking about:
 
G

Godiva

Well-Known Member
  • Jun 28, 2013
  • #26
wingy said:
Still sounds open to challenge to me ,however often its trailed doesn't necessarily make It the case. Seems arguments based around beneficial ownership in one Sphere ,contradicts a position in another .IE;- Legals over FL ??:thinking about:
Click to expand...

You're right, and all we can do is trust the administrator and the FL as they have reviewed all the evidence.

That said - if we - the fans - are ever to to be fully satisfied that the CURRENT management has done nothing illegal or dodgy, at some point the club will have to sit down with representatives and explain in detail to their satisfaction. I had a hoped our representatives would be the Trust, but it can't happen until they re-adopt their constitution and start working with the club.
 

FootyLawBlog

New Member
  • Jun 28, 2013
  • #27
Ddccfc said:
I have it on good authority that the author of the blog has links with Mr Guilfoyle / ACL.

Do not underestimate the level of cloak and dagger, childish tactics being deployed by ALL sides in this sorry fiasco.
Click to expand...

Would you care to publish your authority?

I have absolutely no links with either and challenge you to publish and be damned.
 
S

SkyBlueScottie

Well-Known Member
  • Jun 28, 2013
  • #28
Its pretty clear to me that ACL tried to distress the football club by trying to put it into Admin, believing that the players came under the ltd Company.
 
W

wingy

Well-Known Member
  • Jun 28, 2013
  • #29
SkyBlueScottie said:
Its pretty clear to me that ACL tried to distress the football club by trying to put it into Admin, believing that the players came under the ltd Company.
Click to expand...

You mean after not locking the Ricoh arena doors by December?/
 
D

Ddccfc

Guest
  • Jun 28, 2013
  • #30
FootyLawBlog said:
Would you care to publish your authority?

I have absolutely no links with either and challenge you to publish and be damned.
Click to expand...

Surely you are better positioned to "damn" me by simply stepping forth from the murky camouflage of anonymity?

If you have no such connections, identifying yourself should not be a problem.

The scrutinisers should also be open to scrutiny.
 
W

wingy

Well-Known Member
  • Jun 28, 2013
  • #31
Ddccfc said:
I have it on good authority that the author of the blog has links with Mr Guilfoyle / ACL.

Do not underestimate the level of cloak and dagger, childish tactics being deployed by ALL sides in this sorry fiasco.
Click to expand...

By virtue of your own words you should name your source and be able to name FLB .:thinking about:
 
D

Ddccfc

Guest
  • Jun 28, 2013
  • #32
wingy said:
By virtue of your own words you should name your source and be able to name FLB .:thinking about:
Click to expand...

I'll show you mine, if you show me yours.

Someone who claims to present an objective legal analysis of a subject loses all credibility if they are not willing to be open and honest themselves.

Bias and subjectivity are implied by the anonymity.
 
K

kmj5000

Member
  • Jun 28, 2013
  • #33
Godiva said:
It was all explained by Brookfield at the forums ... you can find audio of the forums on youtube.
Click to expand...

I was there and his response was wholly inadequate. (As was most of his answers,) He didn't answer the question at all
 
R

RPHunt

New Member
  • Jun 28, 2013
  • #34
Ddccfc said:
I'll show you mine, if you show me yours.

Someone who claims to present an objective legal analysis of a subject loses all credibility if they are not willing to be open and honest themselves.

Bias and subjectivity are implied by the anonymity.
Click to expand...

Is this source the same "lawyer friend" that told you people could end up behind bars as a result of the judicial review? You keep some odd company.
 
W

wingy

Well-Known Member
  • Jun 28, 2013
  • #35
Ddccfc said:
I'll show you mine, if you show me yours.

Someone who claims to present an objective legal analysis of a subject loses all credibility if they are not willing to be open and honest themselves.

Bias and subjectivity are implied by the anonymity.
Click to expand...

Your good authority is the same as mine then . My trigger was also pulled by this recent phenomena , but I'm happy enough to take all information on offer,It does seem educational ,exposing nuances likely going on in the background . I mean yesterdays pronouncement seems to be more than the sum of its words. :thinking about:
 
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