GR "Sisu are a waste of space" (1 Viewer)

[skyblu3sk]

From the CET Mr Robinson doesn't hold back saying how he wrote off 20mil of his own money etc to let them take over the club and feels they have taken the piss.

 

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[Lord_Nampil]

He did but didn't he make a
Personal profit when we sold Robbie Keane? Also us he as bad as the others?

 

[skyblu3sk]

Not sure to be honest then again if I sank 20mil in to something not sure I would still be putting my hand in my own pocket either

 

[Lord_Nampil]

I understand he put 20 million in and wrote all or most of it off, but I still see him as a foe rather than a friend!

 

[skyblu3sk]

Seems a bit odd to me, at the time I wasn't keen on him but for anyone to write off that amount of cash for the good of the club can't see how he can be foe...

 

[skyblue_rich]

He has a clause that we have to repay his loan if we get promoted by 2013 I think, but doubt that's going to occur

 

[LarryGrayson]

Seems a bit odd to me, at the time I wasn't keen on him but for anyone to write off that amount of cash for the good of the club can't see how he can be foe...

he didnt have a choice lol its not lick he wanted to lol it was just right 20mil off then or right more off in admin lol

 

[CovScott88]

He has a clause that we have to repay his loan if we get promoted by 2013 I think, but doubt that's going to occur

So it's been SISU's plan all along. Make us rubbish for a few years and scare us with administration talk until this pay-back clause runs out, then suddenly spring into action after 2013, making us a world dominating force. You wait and see people!!!

 

[Colonel Mustard]

In my best GoodFellas accent: "the balls of this guy!"

 

[oldskyblue58]

Now tell me if i am missing something but isnt the reason SISU are here at all that successive Boards of Directors and CEO's made the mess that left us 30 minutes before going bankrupt? Wasn't GR one of the directors that didnt control the company and its officers very well? By the time SISU came in CCFC Group had accumulated £43m losses and total liabilities at £50m (source - companies house). Of which £37m losses and £42m total liabilities were accumulated while he was a director. - not all his fault accepted

Debt we have not shaken off despite a chunk being deferred or written off when SISU came in and SISU taking on the remainder.

Since SISU came in they have as the Sky Blue Sports & Leisure group accumulated further losses at £17m to 31/05/10 and total liabilities are now £37m (of which £24m owed to SISU - which is the total debts they took over i believe, so they have as a group taken on new total liabilities of £13m)

Pot calling kettle black me thinks !

 

[dutchman]

I'm pretty sure Geoffrey has said all this before so the only reason I can think of that makes it 'newsworthy' again is that he is somehow involved in the Hoffman bid?

 

[sw88]

I'm pretty sure Geoffrey has said all this before so the only reason I can think of that makes it 'newsworthy' again is that he is somehow involved in the Hoffman bid?

I dont think even a MP is as silly as to get involved in something that they made such a loss in previously!

Would you seriously go back to something that you'd previously lost £20million on?? I know I wouldnt!

 

[Ernie Machin]

Takes one to know one, I s'pose.

 

[blueflint]

yeah woe is me i just want a team that may win the odd game and not lose to our midland rivals i want bragging rights imp:imp:

 

[Paxman II]

Now tell me if i am missing something but isnt the reason SISU are here at all that successive Boards of Directors and CEO's made the mess that left us 30 minutes before going bankrupt? Wasn't GR one of the directors that didnt control the company and its officers very well? By the time SISU came in CCFC Group had accumulated £43m losses and total liabilities at £50m (source - companies house). Of which £37m losses and £42m total liabilities were accumulated while he was a director. - not all his fault accepted

Debt we have not shaken off despite a chunk being deferred or written off when SISU came in and SISU taking on the remainder.

Since SISU came in they have as the Sky Blue Sports & Leisure group accumulated further losses at £17m to 31/05/10 and total liabilities are now £37m (of which £24m owed to SISU - which is the total debts they took over i believe, so they have as a group taken on new total liabilities of £13m)

Pot calling kettle black me thinks !

Sot on! :claping hands: