Just trying to think of a way of putting the pressure back on SISU rather than the council, ACL or CCFC - anyone else got any ideas??
Just trying to think of a way of putting the pressure back on SISU rather than the council, ACL or CCFC - anyone else got any ideas??
no ideas but is anyone else starting to get the feeling that the club is actually hitting the buffers and the whole thing is all but ready to fall? Or is it just a sense tiredness about all the financial mess, where nothing said by TF JS etc is really believed, and i am just bored of it now? There is no sense of panic or urgency it is more like resignation.
Cant prosecute or sue Seppala cj she isnt a director, although you might be able to prove she is a shadow director in which case there may be some sort of a case. But you would have to prove that any director (or shadow director)acted fraudulently or negligently to make a case. We might choose to think it but I couldnt say they have ......... they have managed the club in a way that i certainly do not agree with but that isnt going to be anything like good enough in court when trying to prove negligence or fraud
ACL's remedies are against their tenant for performance of the terms of that lease ....... the tenant is CCFC not TF or JS.
Part of ACL's dileamour is that some of its directors will be under intense pressure from local politicians whose agenda has no real basis in commercial reality - so that decisions may not be entirely based on commercial expediency. Politics and egos getting in the way. Any other tenant would have been locked out months ago ..... and SISU/CCFC have relied on that up until now.
The only way i think ACL can put more pressure CCFC is by becoming less reliant on the money CCFC generates and being able to absorb the debt outstanding. New income sources, rejig finance, look for alternative tenants that sort of thing.
None of this would appear to be good news for ccfc.
I think the blame is for ray ranson.
Hahahah. Fisher is an employee.
Might as well ask robins too
no ideas but is anyone else starting to get the feeling that the club is actually hitting the buffers and the whole thing is all but ready to fall? Or is it just a sense tiredness about all the financial mess, where nothing said by TF JS etc is really believed, and i am just bored of it now? There is no sense of panic or urgency it is more like resignation.
Cant prosecute or sue Seppala cj she isnt a director, although you might be able to prove she is a shadow director in which case there may be some sort of a case. But you would have to prove that any director (or shadow director)acted fraudulently or negligently to make a case. We might choose to think it but I couldnt say they have ......... they have managed the club in a way that i certainly do not agree with but that isnt going to be anything like good enough in court when trying to prove negligence or fraud
ACL's remedies are against their tenant for performance of the terms of that lease ....... the tenant is CCFC not TF or JS.
Part of ACL's dileamour is that some of its directors will be under intense pressure from local politicians whose agenda has no real basis in commercial reality - so that decisions may not be entirely based on commercial expediency. Politics and egos getting in the way. Any other tenant would have been locked out months ago ..... and SISU/CCFC have relied on that up until now.
The only way i think ACL can put more pressure CCFC is by becoming less reliant on the money CCFC generates and being able to absorb the debt outstanding. New income sources, rejig finance, look for alternative tenants that sort of thing.
None of this would appear to be good news for ccfc.
Yes fisher is chief exec. He reports to board of directorsNo, Fisher is a director. He could potentially be liable for any contempt of court action.
Yes fisher is chief exec. He reports to board of directors
I think the blame is for ray ranson.
Where is he listed on the board?
Justo pick up on a couple of points here...I think that directors are held liable for the actions of their companies, so in the case of CCFC Fisher certainly could be held personally to account. You also mention that Joy could be classed as a "shadow director" - this is true because she is in control of SISU, who can be shown in court to be directly controlling CCFC.
I don't think you have to prove fraud or negligence either - this seems to me to be a clear case of contempt of court.
But in general I share your appraisal. I can't realistically see ACL personally suing the directors, and if they did it would do the club no good at all. As you say, ACL is dependant on the rental income, and is screwed without it. So they lose anyway if they push CCFC into liquidation, as there is no replacement tenant. I can't see a situation where the Ricoh is viable without CCFC as a tenant.
Hate to say it, but it looks like SISU are holding all the cards. If ACL doesn't put the heat onto the directors directly, I don't know what they can do.
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