Yes you are wrong. The debt of Otium is owed to two funds managed by SISU Capital which charge interest at 11%+. So no the debt is not owed to sisu companies/ itself. It is still a legal debt due to a separate legal entity based abroad. The structure of debt has been the same since 2008. It is not internal debt that is owed to itself and magically disappears in the washDerby will find a buyer, can’t see them going the way of Bury - they’re too big a brand and have their own stadium.
I’d have gladly swapped SISU up until a couple of years ago. But:
-Unless I’m wrong the only debt that the club has is to itself - IE SISU companies.
-By hook, crook or miracle we are in the Champ, playing in Cov with a decent back-room set up and team.
-Seems to be some genuine potential of a tie-in with Warwick Uni.
-Joy seems to actually care now.
SISU made some huge mistakes but seem to have got a grip now.
The only other interested person would be Hoffman - but he is best running the PL. When we get there he can rig it for us and dock all the other teams 100 points. (Satire)
They also started repaying in it pre covid. That's money taken out of the club and not available to the manager
Not to mention the 3m now owed to the efl.
It looks like joy is enjoying the excitement around our current performances doesn't mean she will change the way she has always operated the club or indeed her core business. Glad she enjoys it as we all are but to read anything more substantial in to it ? Her biggest driver is still her core business not ccfc I believe
Did she ever not care? What is it she really cares about? What really drives her?
The university project is still only PR for now. Lots of talk not a lot else so far.
How do we know Hoffman is still interested or indeed is the only person interested?
Sorry too many assumptions
Derby do not own the stadium. Not to mention the charges on that piece of real estate which places control of the stadium with major creditors. Unless someone is prepared to get an agreement with those creditors and pay off the football creditors then Derby could still go out of existence in its present form.
Sooner or later a big name will go