YesAt least you didn't swear at another poster for once.
So you think sisu are paying all the costs out of their own pocket I assume?
That's if we don't vote for out in the referendum that is because if we do Europe will not have a say in itHaving a feeling they're just going through the motions until they can appeal it to Europe now. Anything involving state aid seems to have a much higher chance of a ruling against the public body at that level.
This...........At least you didn't swear at another poster for once.
Of course these court costs are paid by the football side of the sisu business, player sales, Hedge fund sisu have the football club running more or less self sufficient and every now and again players get sold and that contributes towards "other" costs, court costs being one that's why they'll continue with these actions. If the cost was coming out of the sisu purse directly itself this action would have ended ages ago.
http://www.coventrytelegraph.net/news/coventry-news/coventry-city-owners-latest-court-11391551
No surpise, they'll just go the the Supreme Court now. I tell you this is all about getting the case to the European Court.
That's if we don't vote for out in the referendum that is because if we do Europe will not have a say in it
To be fair to SISU I think they said no money raised by the football club in player sales ect are used in the legal battle.
There's doesn't need to be any actual evidence, it seems to be taken by a lot of people as fact now.There is absolutely no evidence in the accounts to suggest SISU are financing the court cases from CCFC.
There's doesn't need to be any actual evidence, it seems to be taken by a lot of people as fact now.
There's doesn't need to be any actual evidence, it seems to be taken by a lot of people as fact now.
Just to expand on a comment by OSB above. There is absolutely no evidence in the accounts that CCFC through whatever company is funding SISU's legal cases, which conservatively must have costs of several million including what they are currently ordered to pay CCC but as mentioned there is a possibility/probability that SISU are using a scheme called "third party litigation funding" which is basically a sort of no win no fee arrangement. A third party agrees to cover the legal costs win or lose but if you win the third party will take back all their costs plus a large chunk of the award. So if this is the case SISU can simply keep moving up the court room ladder and even to Europe with no financial impediment. For the third party it might be a case of pulling the plug on it but maybe they are so far in and the promised rewards so high they are prepared to carry on funding. If this is the case SISU and the legal cases could be with us for many years to come and as long as CCFC is self funding that's not costing them either so they can continue their legal battles ad infinitum (and no that is not a rallying call to NOPM) just a depressing comment about the state of affairs.
How much do you estimate the Sisu costs so far on this would be?There's doesn't need to be any actual evidence, it seems to be taken by a lot of people as fact now.
I would say there is pretty much zero chance that money would have come in to CCFC if there had been no legal action.CCFC could have benefited from that money, surely ?
How much do you estimate the Sisu costs so far on this would be?
£10 M ?
CCFC could have benefited from that money, surely ?
In that respect it does have an effect on us.
It's already been pointed out on this thread it doesn't cost them anything.
100% certain ?
Not me !!
It's already been pointed out on this thread it doesn't cost them anything.
I think it's been suggested as a possibility not pointed out as a fact.
Surprised though, you go on like you are 100% certain that Mowbray is having to give SISU cash every month for court cases.
If in doubt, persistently say something you can't prove either until people believe it.
Just to expand on a comment by OSB above. There is absolutely no evidence in the accounts that CCFC through whatever company is funding SISU's legal cases, which conservatively must have costs of several million including what they are currently ordered to pay CCC but as mentioned there is a possibility/probability that SISU are using a scheme called "third party litigation funding" which is basically a sort of no win no fee arrangement. A third party agrees to cover the legal costs win or lose but if you win the third party will take back all their costs plus a large chunk of the award. So if this is the case SISU can simply keep moving up the court room ladder and even to Europe with no financial impediment. For the third party it might be a case of pulling the plug on it but maybe they are so far in and the promised rewards so high they are prepared to carry on funding. If this is the case SISU and the legal cases could be with us for many years to come and as long as CCFC is self funding that's not costing them either so they can continue their legal battles ad infinitum (and no that is not a rallying call to NOPM) just a depressing comment about the state of affairs.
Surely the third party funding is only obtainable when there is far more chance of winning than losing.
I have never seen that to be the case with one
I agree this is likelyIt's my opinion that, indirectly the court battles are diverting cash away from CCFC.
Be it people not sponsoring the club or just simply not attending matches.
I would even bet that people are holding fire from buying season tickets as we speak.
Even you must be frustrated with the nonsense, surely ?
Lets hope for their sake it's not a no win, no fee dealWhere can I buy shares in the law firm representing SISU? Never mind an ISA....this has to be a sound investment, as SISU love paying legal fees. The profit margins must be brilliant.
It's my opinion that, indirectly the court battles are diverting cash away from CCFC.
Be it people not sponsoring the club or just simply not attending matches.
I would even bet that people are holding fire from buying season tickets as we speak.
Even you must be frustrated with the nonsense, surely ?
Agree with what you have said and that's why we as fans must stop getting at each other and concentrate on supporting the team after all they are our team. At the moment our biggest problem is the academy wish people would see thatThe DISTRACTION is much worse than this. Our owners simply do not have their eye on the ball and this filters through to everybody including managers and players.
The idea of a united club is essential for our success but all the while the background music is political and legal posturing we will never succeed as a sporting entity.
This is a cast iron fact and our history can be used as evidence.
Agree with what you have said and that's why we as fans must stop getting at each other and concentrate on supporting the team after all they are our team. At the moment our biggest problem is the academy wish people would see that
They are different, which is exactly why you should question the motivation behind SISU/ARVO's legal & property actions and analyse their effect on the club long term.Agree, people should separate SISU and CCFC.
Our owners simply do not have their eye on the ball
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