Joys way out. (1 Viewer)

[odysseus]

Read Les Reids article yesterday. Couple of things struck me. Seppela stated she would not make the initial investment into ccfc given the choice again. She is still looking to gain a return on her investment. She wants out but at the right price.

Solution: sisu sell ccfc to rival consortium but retain 50% equity on a need to know basis. Price is set by matching the investment made by Sisu to date. New consortium uses new money to complete the buy out of ricoh, acl et al. Joy now has 50%stake in something which is worth something.

 

---

[Steve1974]

She doesnt want a 50% stake. She wants it all.

 

[dongonzalos]

The only way that could work is she sells CCFC to a new consortium
With a guaranteed percentage of any returns until a set figure is returned to her.
However I think this type of offer has been dismissed previously

 

[Cheshire Sky Blue]

Read Les Reids article yesterday. Couple of things struck me. Seppela stated she would not make the initial investment into ccfc given the choice again. She is still looking to gain a return on her investment. She wants out but at the right price.

Solution: sisu sell ccfc to rival consortium but retain 50% equity on a need to know basis. Price is set by matching the investment made by Sisu to date. New consortium uses new money to complete the buy out of ricoh, acl et al. Joy now has 50%stake in something which is worth something.

Not sure what an equity holding on a need to know basis is, but one of many major issues here will be ever establishing with any degree of accuracy what SISU have invested. In my opinion much of the debt stated is based on Fees or levies made by SISU on CCFC. There was never real investment (Its a bit like saying you own your children because you looked after them)
For certain today they will be shelling out, as the revenue stream from Northampton will be very poor, so we have to acknowledge that. The key thing will be how long can they sustain that level of loss? JS and Fisher say indefinitely, well as they always tell the truth we have to roll with that.ointlaugh:

 

[Hobo]

I believe this is her game plan:

Seppala wants a return on her investors money, she wants revenue streams for them not CCFC. Debt (falsely inflated?) will be pipelined back to Arvo Masterfund while they are here and after they are gone. As we have seen pile on enough debt and you will always win an administration battle.

Seppala doesn't know football, but she does know real estate. As much she moans about ACL and CCC being unfair landlords, That is her goal. She wants out but, she wants to control the real estate and be in the position of the unfair landlord herself.

If you let SISU run with the ball it will be our downfall not our resurrection!

 

[odysseus]

I think the term would be forensic accountacy, would be fairly easy to assess the real level of investment since they took over. A proper due diligence process following the relevant paper trails would pretty quickly establish the real investment as opposed to managment fees designed to increase over all debt to fend off a hostile takeover. Remember the value of a company is only what someone is prepared to pay for it.

 

[oldskyblue58]

Read Les Reids article yesterday. Couple of things struck me. Seppela stated she would not make the initial investment into ccfc given the choice again. She is still looking to gain a return on her investment. She wants out but at the right price.

Solution: sisu sell ccfc to rival consortium but retain 50% equity on a need to know basis. Price is set by matching the investment made by Sisu to date. New consortium uses new money to complete the buy out of ricoh, acl et al. Joy now has 50%stake in something which is worth something.

- why would a rival do SISU any favours?
- is the Ricoh for sale ?
- the shareholders/backers would have to be disclosed in the deal CCC/Charity are not that stupid
- CCC/Charity wont sell to SISU related entities last we heard
- so you repay 100% of the debt and she still retains 50% why? who would do that it makes no sense it just shifts the same debt to someone else and they are paying for the priviledge
- what new money to buy the Ricoh? someone has to put it into the consortium first
- the money would be with SISU wouldnt it not the consortium?
- why would you value the shares in CCFC at the value of the loans owed? Do you think CCFC is worth £60m or whatever the figure is
- why are we going to concentrate on making JS a profit from the hole she is in today?


-