They may well liquidate Ltd but the club as a whole won't be liquidated because it's league standing means they would always get more by selling up to a new owner. I think the main reason they haven't done so already is either:
1. SISU are unwilling to admit to their investors the immense balls-up they have created, or
2. I think CCFC is being used as a money laundering tool.
Liquidation wouldn't necessarily mean the end of sisu, it would be liquidation of Ltd only, sisu would still own sky blue sports and leisure and holdings with all players, staff, academy, training ground, etc.
Great idea, then you can join the other 18 people who would follow a phoenix club.
Which they need seriously investigating into how they've seemingly moved all the assets the company had, yet kept the liabilities in Ltd. That's illegal and known as asset stripping if it's happened.
The evidence appears to be there to make a case, it seems so far only Bob Ainsworth gives a damn about it.
I'm pretty sure it's the directors that will get investigated and punished not Sisu per se.
The Directors and the "shadow director"
Liquidation, will mean very little, well we'll be docked 10 or 15 points, SISU will still be around and claiming that their owed £60 plus million.
But it will mean a full investigation into SISU's accounts, something they are clearly desperate to avoid.
Could everyone please stop claiming anything illegal has occurred without providing proof. Whilst you are entitled to your opinions about what you think has been done at/with/through the club unless you can provide proof to back up your statements/claims then it could be seen as defamatory. Given the love of SISU to go to court over anything and everything they might decide to take action against you and Nick as publisher of the site. If you have any irrefutable evidence of any illegality feel free to post it here.They may well liquidate Ltd but the club as a whole won't be liquidated because it's league standing means they would always get more by selling up to a new owner. I think the main reason they haven't done so already is either:
1. **** are unwilling to admit to their investors the immense balls-up they have created, or
2. **** is being used as a money laundering tool.
They won't look into Sisu's accounts will they? Just the ccfc group of companies?
Yeh that's what I meant Stupot. But it will come to light if anything dodgy has gone on between Ltd and Holdings. And if anything illegal taken place, that could be hugely significant from the viewpoint of the FL and FA.
Could everyone please stop claiming anything illegal has occurred without providing proof. Whilst you are entitled to your opinions about what you think has been done at/with/through the club unless you can provide proof to back up your statements/claims then it could be seen as defamatory. Given the love of SISU to go to court over anything and everything they might decide to take action against you and Nick as publisher of the site. If you have any irrefutable evidence of any illegality feel free to post it here.
Could everyone please stop claiming anything illegal has occurred without providing proof. Whilst you are entitled to your opinions about what you think has been done at/with/through the club unless you can provide proof to back up your statements/claims then it could be seen as defamatory. Given the love of SISU to go to court over anything and everything they might decide to take action against you and Nick as publisher of the site. If you have any irrefutable evidence of any illegality feel free to post it here.
They will look all the way back to 1995 and hopefully hold Richardson, Robinson, McGinnity, etc account for the years of mismanagement that led us to sisu's ownership.
can i "claim"
1) SISU themselves have stated the club is debt free
2) we arent playing Coventry this year
3) TF stated "all creditors will get paid in full"
4) TF stated they had entered into negotiations with sites for a new ground, before the rent issue late last year
5) We cant sign any players because SISU have NOT filed accounts for the 3rd year running. Blaming anything else is simply not correct
6) Over 5,000 people marching in COVENTRY last week as a protest at the way SISU are running the club
7) when SISU joined, we were a mid table Championship club, now we are likely to be relegated to League Two
8) Our acamedy "the life blood of the club" doesnt have a home, as SISU didnt pay the bills
I could go on, but simply cant be ar5ed
We are perfectly entitled to speculate. Nobody is accusing.
You can speculate all you want so long as you don't imply something illegal has taken place without being able to back it up. How many court cases do SISU have against ACL/CCC at the moment? The primary reason I'm concerned is because I like this site and would like to see it continue, and Nick (I'm fairly certain) as publisher gets it in the neck for publishing the comments as well as the person who made them.
You can speculate all you want so long as you don't imply something illegal has taken place without being able to back it up. How many court cases do SISU have against ACL/CCC at the moment? The primary reason I'm concerned is because I like this site and would like to see it continue, and Nick (I'm fairly certain) as publisher gets it in the neck for publishing the comments as well as the person who made them.
Lots of twists and turns yet and as difficult as it is we have to be patient. Getting this embargo lifted for the manager to be able to bring in new faces is important but not as important as our long term future. We may have to see which we go if this CVA isn't signed or even delayed again. Will Paul Appleton choose the Ricoh or Sixfields. We cannot be blackmailed with this self imposed sisu embargo.
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