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Bluegloucester

New Member
Just been trawling the web and came across this:

STOCK EXCHANGE ANNOUNCEMENT

For Immediate Release 28 October, 2010

The SISU CAPITAL FUND LIMITED

Re: Controlling Unitholder

The Directors of the SISU CAPITAL FUND LIMITED (the "Fund") wish to announce as at the 1st of October 2010, The Public Institution for Social Security hold an interest of 821,508.47 shares in the Fund, representing 97.96% of the issued share capital of the Fund.


Who are these people?
 
oldskyblue58

oldskyblue58

CCFC Finance Director
have no idea if it has any relevance to sisu's investment in ccfc but this is a kuwait based government body
 
Waldorf

Waldorf

New Member
May be wrong, but I don't think that particular investment fund is the one holding the shares in CCFC . SISU have several investment funds, the club is owned by two of the if I remember rightly - but not that one.
 
B

Bluegloucester

New Member
Waldorf said:
May be wrong, but I don't think that particular investment fund is the one holding the shares in CCFC . SISU have several investment funds, the club is owned by two of the if I remember rightly - but not that one.
Click to expand...

I think they all filter up to master funds
 
B

Bluegloucester

New Member
If this organisation is a major investor in their funds, €160m they should have submitted to the fit and proper person's test. I cannot see a foreign government social security fund wanting to invest in an English football club.
 
mattylad

mattylad

Member
my guess is nothing to do with our investment and more likely linked to the Nigerian oil side of SISU's investments
 
mattylad

mattylad

Member
SISU have been for years finding people to invest in developing African industry in particular Nigerian oil...thought that was common knowledge since Onye was at one time on the board?
 
Nonleagueherewecome

Nonleagueherewecome

Well-Known Member
mattylad said:
SISU have been for years finding people to invest in developing African industry in particular Nigerian oil...thought that was common knowledge since Onye was at one time on the board?
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If this is true they'd be better off employing someone Chinese!
 
Waldorf

Waldorf

New Member
SkyBlue_Taylor said:
No. I'd like to receive more info on that OSB though, if possible.

But ACL is, being 50% owned by the CCC.
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A quango is FUNDED by a government. ACL is not. It's a properly constituted commercial organisation. It posts its accounts with Companies House. OSB has oreads posted a commentary on them. Unlike CCFC, who haven't.
 
Grendel

Grendel

Well-Known Member
georgehudson said:
quango surely stands for 'quasi autonomous non governmental organisation',
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It does. I began labelling ACL as a quango. Seems to be catching on. It's derisory tag is I believe appropriate though does have a degree of journalistic licence.
 
Wrenstreetcarpark

Wrenstreetcarpark

New Member
And why are Taylor, Grendel, Torch and their followers ignoring OSB's post?
Silenced by Fisher's lies? Maybe even Grendel has a shred of pride and can't defend the indefensible Fisher. "Not here to subsidise a failing company" wasn't it?
 
Grendel

Grendel

Well-Known Member
Wrenstreetcarpark said:
And why are Taylor, Grendel, Torch and their followers ignoring OSB's post?
Silenced by Fisher's lies? Maybe even Grendel has a shred of pride and can't defend the indefensible Fisher. "Not here to subsidise a failing company" wasn't it?
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No one is ignoring anything.

It was an opinion.

There are other factors we could throw in of there is no football club as a permanent resident.

Effect on income from named sponsor
Total collapse of all match day income
Reciprocal demise of income from other future projects to lack of established brand identity
Issue if having to recruit extra personnel to create new income streams
Likelihood of a very major rival upping its game to ensure that they are not threatened.

With respect I know a significant amount about marketing planning forecast and brand representation. Apology not needed and I am sure is not expected.
 
Grendel

Grendel

Well-Known Member
Wrenstreetcarpark said:
And why are Taylor, Grendel, Torch and their followers ignoring OSB's post?
Silenced by Fisher's lies? Maybe even Grendel has a shred of pride and can't defend the indefensible Fisher. "Not here to subsidise a failing company" wasn't it?
Click to expand...

In simple terms my post means ACL can exist with the football club in residence -- without the club my opinion is it won't.

The payment of rent is a sideshow and not the main issue.
 
M

Mr Creosote

New Member
Not to mention the fact without an anchor tenant, what do you use the stadium bowl for outside of concerts?
We need to work with SISU to find the solution, I'm sure they have a strategy!!!!
 
Mucca Mad Boys

Mucca Mad Boys

Well-Known Member
Waldorf said:
A quango is FUNDED by a government. ACL is not. It's a properly constituted commercial organisation. It posts its accounts with Companies House. OSB has oreads posted a commentary on them. Unlike CCFC, who haven't.
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What was that 14m bailout then? The CCC - local government.

Who spends money to maintain the RICOH and who funds ACL? The CCC and Higgs charity...
 
Mucca Mad Boys

Mucca Mad Boys

Well-Known Member
Wrenstreetcarpark said:
And why are Taylor, Grendel, Torch and their followers ignoring OSB's post?
Silenced by Fisher's lies? Maybe even Grendel has a shred of pride and can't defend the indefensible Fisher. "Not here to subsidise a failing company" wasn't it?
Click to expand...

Tbh, I've just got back from rugby training and I've had shit loads of school work... To give you an idea, I did not sleep Tuesday to Wednesday because I was finishing off my first draft of 'historical enquiry', I fell asleep in lesson, got back, went to sleep, then went to work, went to sleep when I got home.
 
Nick

Nick

Administrator
SkyBlue_Taylor said:
Tbh, I've just got back from rugby training and I've had shit loads of school work... To give you an idea, I did not sleep Tuesday to Wednesday because I was finishing off my first draft of 'historical enquiry', I fell asleep in lesson, got back, went to sleep, then went to work, went to sleep when I got home.
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Cool story bro :) :p
 
cloughie

cloughie

Well-Known Member
SkyBlue_Taylor;387924[B said:
]What was that 14m bailout then?[/B] The CCC - local government.

Who spends money to maintain the RICOH and who funds ACL? The CCC and Higgs charity...
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A false statement, it is called restructuring your loan agreements or in a personal note changing mortgage provider for a better deal

I'm sure if sisu were to do that you would be applauding them for their wisdom
 
Grendel

Grendel

Well-Known Member
cloughie said:
A false statement, it is called restructuring your loan agreements or in a personal note changing mortgage provider for a better deal

I'm sure if sisu were to do that you would be applauding them for their wisdom
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It's called getting your local council to bail you out something no genuine private organisation could even dream of.

Even you must find it embarrassing and humiliating.
 
cloughie

cloughie

Well-Known Member
Grendel said:
It's called getting your local council to bail you out something no genuine private organisation could even dream of.

Even you must find it embarrassing and humiliating.
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Not at all ACL got themselves a better and cheaper deal good business sense,

I'm sure if sisu were to do that you would be applauding them for their wisdom
 
Mucca Mad Boys

Mucca Mad Boys

Well-Known Member
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