Just to clarify:
Liquidise = to change food into a thick liquid using a blender.
Liquidate = to cause a business to close, so that its assets can be sold to pay its debts.
TRS = English Graduate = B.A. (hons)
As any fule kno
That the money would be gone. It's like buying something from DFS and they go pop before you get your sofa, but don't call in Administrators. They just close the business, withdraw the cash and that's that.
If SISU did liquidate the club, surely that would rule them out of becoming involved in any other sports clubs? It would be a massive black mark on their CV and a particularly poor reference to boot.
Wouldn't they be better off actualy trying to make a success of it instead of cutting and running?
On the other hand, would they be able to go into other business sectors and not worry about sports clubs since this one has gone so badly wrong? Would other businesses be bothered about a failure at a football club, or would they also see it as a reason to avoid SISU?
What I'm asking basically is, are SISU's own necks on the line as well as CCFC's? Or are they just juggling money and leaving the skin on their noses in tact?
So probably best to hold onto your season ticket cash untill things are sorted out over the summer. I do feel sorry for the guys who have already purchased season tickets for next season. Though it was probably a bit nieve especially considering Sisu have not filed accounts yet and commited themselves to next season !!!
Don't SISU own Malmo F.C. of Sweden ? who are far more successful than we are. How do they run them ?
If SISU did liquidate the club, surely that would rule them out of becoming involved in any other sports clubs? It would be a massive black mark on their CV and a particularly poor reference to boot.
Wouldn't they be better off actualy trying to make a success of it instead of cutting and running?
On the other hand, would they be able to go into other business sectors and not worry about sports clubs since this one has gone so badly wrong? Would other businesses be bothered about a failure at a football club, or would they also see it as a reason to avoid SISU?
What I'm asking basically is, are SISU's own necks on the line as well as CCFC's? Or are they just juggling money and leaving the skin on their noses in tact?
Hearing TF on the radio this morning didn't fill me with much confidence about this. When asked about the rumour he said he 'didnt't want to talk about rumours', then when directly asked if Sisu had plans to liquidate the club he said 'we didn't liquidate the club yesterday and we won't today'.
Suggests to me that its not something that will immediately happen but is certainly on their radar.
According to council leader mutton sisu have threatened to liquidise ccfc
Where have you heard this? Any source?
Pardon my scepticism if this is all we have to go with.
That the money would be gone. It's like buying something from DFS and they go pop before you get your sofa, but don't call in Administrators. They just close the business, withdraw the cash and that's that.
It's on the Telegraph he's said this. My question is, where's Mutton's source?
If you read the whole thread you would know my dear.
it might be true but not having been said by SISU and TF quite the way it is reported. It might be a statement of fact given to ACL...... "we have run out of money, the investors wont or cant source any more funds, unless we can sort out the finances there is a possibility of having to liquidate the club because things are that bad, can we talk about the rent is there any room to work things out differently"
all in the perception I guess
Seems almost certain that they have run out of money. Anyone care to hazard a guess as to how long they will get away with non payment of rent before the Council/ACL act, and then what that action might be. SISU are not bothered about CCFC, but you could see the Council in a very tricky corner politically.
That's the source of the words he said, but not the source of his claims, or the evidence it is true. If it is true, then it's most likely a leverage situation more than anything, whilst by Mutton, it is more likely scaremongering, plus a healthy dash of "Vote Mutton, CCFC fan and Man of the People!".
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?