SkyblueBazza
Well-Known Member
And another pointless one from Rupert Bear
Golden share found! (8 Viewers)
- Thread starter Pusb1
- Start date
And another pointless one from Rupert Bear
Broken Hearted Sky Blue
Well-Known Member
Up to now we were told that CCFC ltd was in admin but was a non asset holding company now Conirmed that is not the case ie the FL Golden Share is held by this company. The Administrator who it seems is still looking for the GS can now stop looking he can then concentrate on providing details for the High Court hearing in May.
The Administrator can now start earning his £350 per hour or whatever it is,
Now my friend its up to the Administrator Bobs done his bit.
Next time why dont you try to get to see any of the interested parties
I await your report
letsallsingtogether
Well-Known Member
Smart ass If it was that well known why weren't we told, that is a typical statement from someone who obviously knows everything that's going on so let us know in future.
And before you ask no have never voted for Bob :thinking about:
Broken Hearted Sky Blue
Well-Known Member
Never voted for Bob? Typical football fan Facist
CCC would have to approve planning! SISU plan would be non starter then....
letsallsingtogether
Well-Known Member
Just trying to keep up with SISU
RegTheDonk
Well-Known Member
I'm sure someone will tell me if I'm wrong, but I think if PH4th buys share in Ricoh, and makes a winning bid on CCFCltd. we can possibly stay in football league with the "GS" and form another CCFC.
Well, I hope it would be as simple as that. ACL/Higgs can only sell to CCFC (until 2015) as I understand it. So if the administrator allows PH4th to buy CCFC Limited (who have the golden share and therefore supposedly ARE the actual club), then I assume that would allow him to buy the ACL/Higgs shares.
The players contracts are with CCFC Holdings, but weather or not this actually ties them to CCFC, could we not - for argument's sake - sign new players and a new management team and register them as CCFC Limited players with the football league? Or buy current players contracts/registrations from CCFC Holdings (SISU). The ones we want to keep, I mean.
With all that's gone on, could it actually be that straight forward?
SkyblueBazza
Well-Known Member
All I'm saying is what he has told us we would have found out when it all comes out in the Administrators Report. To paint the guy as some kind of hero for gaining some advanced knowledge thanks to his position is somewhat OTT.
I personally do not have time to spare to do such stuff...& don't hold a position to gain such audiences.
SkyblueBazza
Well-Known Member
Err...who's the smart ass? If you read the post I do not say anything about "well" known...simply that it is a known & would have been made public at some future point by (16 May latest I would hazard a guess) by either the FL or Administrator.
Why weren't we told? I have no idea.
Broken Hearted Sky Blue
Well-Known Member
Read my post this gives the Admionistrator no excuse for adjurnment or any other delaying tactics not that I'm suggesting that he doesnt want this resolved as soon as possible.
But the FL advised ACL weeks ago that the GS was with CCFC Ltd, so their position hasn't shifted at all and in that sense we haven't learned a huge amount today, in fact I don't think we are any further forward in reality. I don't blame BA for trying but I'm not sure it has done much good.
Broken Hearted Sky Blue
Well-Known Member
Have you been reading the threads on here in the last few weeks? What if the GS is not i Ltd but in Holdings etc people were worried what if tht FL had got it wrong they have confirmed now its in Ltd no backtracking. This is a result dont you think that now there might be other people interested. Maybe not but I think that Sisu have shot themslves in the foot they have realised that hence the new court action
If the FL had got it wrong they would never had admitted it, the loss of face would have been huge, so they would have fudged it. I'm not sure what legal recourse SISU would have had since share is the FLs to issue anyway. The FL say it is with Ltd, and SISU I suspect still dispute that, so nothing has changed. The FL were always going to have the final say on this so I don't think confirmation of their position is the major step forward some think, but I can see why some take comfort from it.
Broken Hearted Sky Blue
Well-Known Member
If Sisu could prove it was in Holdings the FL would have to wait for the high court for a ruling
SydneySkyBlue
Member
I think you could be onto something there.
Now I'm wondering what SISU's next actions would be should the court decide that the Council were in the wrong...
They now only own CCFC Holdings (whatever that is) and don't seem to have a leg to stand on.
S
skyblue2k
Guest
It's not just the fact of the share, its the fact that hopefully the press will now report in detail and start to question why Sisu are running the club still. It was also the statement saying the Football league are also looking into the movement of player contracts and registrations from CCFCL to CCFCH.
It is just nice for someone other than the people on here, to confirm what we are all thinking.
Hopefully pressure will be placed on the administrator, to step forward and take over the running of the club. I always felt he left CCFCH (Sisu) running the team until he had finished his investigation and the league season was over.
It is just nice for someone other than the people on here, to confirm what we are all thinking.
Hopefully pressure will be placed on the administrator, to step forward and take over the running of the club. I always felt he left CCFCH (Sisu) running the team until he had finished his investigation and the league season was over.
Lord_Nampil
Well-Known Member
All day I have been trying to make sense of the court action, once I heard the F L say the share was in Ltd it kind of made me realise that although sisu might be right regarding the councils del, it was deflecting away from the administration situation. Also the debt in ltd quoted, surely that's debt sisu took over in 2007, plus the rent and the Arvo deal, was that the sale of Prozone money? Makes me think sisu have some sort of exit plan in place...
Bluegloucester
New Member
The registrations are at CCFC Ltd, it is the contracts they tried to move.
Broken Hearted Sky Blue
Well-Known Member
I dont know the answer to that what I do know is that a lot of councils go into debt ie subsidise projects the Ricoh is a ccc investment as is the whole area around it it is logical My Lord that they would offer a preferential loan to a compny (ACL) that they part own they by doing so cannot in my opinion this are not affecting any comparable business. Sisu are not a competing business they are or were a tenant it is frankly none of their business. If I own a property does my tennant have the right to question how I am buying the property no of course they dont
As for Holdings I dont know if it is better if the High Court find that they are linked with Ltd or not or does it make any difference
J
Jack Griffin
Guest
Couple of things here.
1) SISU have asserted their claim that the GS is in holdings, I feel sure there will be litigtion over this issue, I think a waryness of solicitors letters to the administrator are behind his lack of control.
2) The Administrator has yet to report, till he presents his report to the court we can't be sure
3) If the positions of the FL & administrator are not the same, then there is a rocky road ahead
4) SISU's pockets can be deep, whereas ACL have relatively limited resources, so ACL need a result, SISU want to spin the thing out & stress them..
The game is afoot & the victor is uncertain, however it is certain I will no longer attend matches while SISU are in charge, I abhor their lack of ethics, bankrupt morals & the zealotly behind it all.
1) SISU have asserted their claim that the GS is in holdings, I feel sure there will be litigtion over this issue, I think a waryness of solicitors letters to the administrator are behind his lack of control.
2) The Administrator has yet to report, till he presents his report to the court we can't be sure
3) If the positions of the FL & administrator are not the same, then there is a rocky road ahead
4) SISU's pockets can be deep, whereas ACL have relatively limited resources, so ACL need a result, SISU want to spin the thing out & stress them..
The game is afoot & the victor is uncertain, however it is certain I will no longer attend matches while SISU are in charge, I abhor their lack of ethics, bankrupt morals & the zealotly behind it all.
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rupert_bear
Well-Known Member
A lot of heayweights pitched in to this issue now Football League, MP, councils, possibly government and maybe a High Court judge. a real saga. Maybe a TV topic in the future.
Bluegloucester
New Member
RP, great post Sisu need to go now. We need to move forward under new owners.
Sky Blues
Active Member
Thanks. (10)
On top of all that is their inability to run a football club. FFS, They couldn't run a bath! What a shower.