Appleton isn't acting in the best interests of CCFC, but in the best interests of SISU, as they are the main creditor via Avro. He will string this out as long as SISU want him to.
He is merely another puppet and needs to be put under pressure to stop this still being unresolved in a year or more's time.
Voice of Reason's points should be put to the Trust. In fact, people like Voice of Reason should be encouraged to take a more prominent role.
I agree he will be acting in the best interest of creditors which is NOT SISU to the exclusion of all others...but mainly SISU. He's maybe still seeking evidence about the GS as if he can find it is no part of the business in admin - the sale value might be much less than it otherwise would & therefore is protecting a potential buyer from buying something of no value. On the other hand, it could simplify the path to playing in the Ricoh as opposed to wherever else TF might be working on - whoever has ownership.
Everything any of us post (unless Appleton/TF/JS etc) are posting under some alias is purely speculation really because the web is so tangled. I prefer to think the silence is due to individuals, from all parties, beavering away trying to make sense of it all to ensure everything is in place for when the season begins - to have a team on the pitch somewhere we can call "home" whether temporarily or otherwise.
We have little option but to put our faith in one Mr Appleton & (heaven help us!) the FL.
If we are in Admin, surely the Administrator should be calling the shots about where we play? SISU have no say. Or am I missing something?
The creditors would have quite a big interest in discussing the future of the club though wouldn't they, as it's in their interests to get the best outcome for them.
At last a sensible post from someone other than me.
The creditors would have quite a big interest in discussing the future of the club though wouldn't they, as it's in their interests to get the best outcome for them.
The way that some folk seem to be reading it is that none of the existing management team is allowed to do anything and that the administrator has to run the whole club single-handed.If we are in Admin, surely the Administrator should be calling the shots about where we play? SISU have no say. Or am I missing something?
The way that some folk seem to be reading it is that none of the existing management team is allowed to do anything and that the administrator has to run the whole club single-handed.
I think that the point that many are missing is that although CCFC Ltd are in administration, they have not been wound up/liquidated and are still being run as a going concern, but under the overall control of the administrator who will continue to pay the wages, and in return will expect all of the employees to carry on with their duties. For most of the day-to-day stuff it's pretty much business as usual, hence the way that SP is concentrating only on the on-field activities. Appleton will have the overall say on business decisions.
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