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sisu's accounts (6 Viewers)

  • Thread starter quinn1971
  • Start date May 26, 2013
Forums New posts
Q

quinn1971

Well-Known Member
  • May 26, 2013
  • #1
Just listened to an interview between fisher and daryl murphy on free radio from march.couple of things he said. It was in response to the transfer embargo placed on the club and the matter of the debt order placed on the club for the owed rent. He said that sisu cannot continue running the club's when they we're losing the ammount of money they were each month.he said he feared for the future of the club as sisu could quite easily just walk away.When asked about possibly new buyers he said that as far as he was aware the were no interested partys on the horizon.also he stated that their accounts had been frozen.I just wanted to know is it still the case that their bank accounts are still frozen if so suerly this would totally knock their plans of a ground share and a new stadium on the head as they have no way of paying for anything.
 

Sick Boy

Super Moderator
  • May 26, 2013
  • #2
quinn1971 said:
Just listened to an interview between fisher and daryl murphy on free radio from march.couple of things he said. It was in response to the transfer embargo placed on the club and the matter of the debt order placed on the club for the owed rent. He said that sisu cannot continue running the club's when they we're losing the ammount of money they were each month.he said he feared for the future of the club as sisu could quite easily just walk away.When asked about possibly new buyers he said that as far as he was aware the were no interested partys on the horizon.also he stated that their accounts had been frozen.I just wanted to know is it still the case that their bank accounts are still frozen if so suerly this would totally knock their plans of a ground share and a new stadium on the head as they have no way of paying for anything.
Click to expand...

If their bank accounts are frozen, then how have they been paying players?
 
Q

quinn1971

Well-Known Member
  • May 26, 2013
  • #3
Sick Boy said:
If their bank accounts are frozen, then how have they been paying players?
Click to expand...

Exactly ..until the administration is sorted they have no funds ( according to fisher) so how can they be paying legal fees and staff wages etc
 

cloughie

Well-Known Member
  • May 26, 2013
  • #4
quinn1971 said:
Just listened to an interview between fisher and daryl murphy on free radio from march.couple of things he said. It was in response to the transfer embargo placed on the club and the matter of the debt order placed on the club for the owed rent. He said that sisu cannot continue running the club's when they we're losing the ammount of money they were each month.he said he feared for the future of the club as sisu could quite easily just walk away.When asked about possibly new buyers he said that as far as he was aware the were no interested partys on the horizon.also he stated that their accounts had been frozen.I just wanted to know is it still the case that their bank accounts are still frozen if so suerly this would totally knock their plans of a ground share and a new stadium on the head as they have no way of paying for anything.
Click to expand...

rent lease agreement was / is with Ltd not holdings account player paid by holdings
 
Q

quinn1971

Well-Known Member
  • May 26, 2013
  • #5
cloughie said:
rent lease agreement was / is with Ltd not holdings account player paid by holdings
Click to expand...

But this was before all the administration had started.he said sisu's accounts had been frozen . Nothing about holdings or ltd?
 

Sick Boy

Super Moderator
  • May 26, 2013
  • #6
There was something on here about this before, I think it was only a certain amount in the account which was frozen at a certain period or something.
 

cloughie

Well-Known Member
  • May 26, 2013
  • #7
quinn1971 said:
But this was before all the administration had started.he said sisu's accounts had been frozen . Nothing about holdings or ltd?
Click to expand...

yes but they could not freeze an account from a company that did not have a rent agreement with them which has always been Ltd

as for the fork tongued one he spouts inaccuracies every other day ........unaware of any other interested parties? Hmmm:thinking about::thinking about::
 
Last edited: May 26, 2013
Q

quinn1971

Well-Known Member
  • May 26, 2013
  • #8
cloughie said:
yes but they could not freeze an account from a company that did not have a rent agreement with them which has always been Ltd

as for the fork tongued one he spout inaccuracies every other day ........unaware of any other interested parties? Hmmm:thinking about::thinking about::
Click to expand...

So sisu were desperate in april and looking for a way out .but there were no interested parties.now theyre queuing up ...still looking for that way out sisu..take your pick id say
 

davebart

Active Member
  • May 26, 2013
  • #9
don't believe anything TF says - it is impossible to analyse
 
Q

quinn1971

Well-Known Member
  • May 26, 2013
  • #10
davebart said:
don't believe anything TF says - it is impossible to analyse
Click to expand...

Going by his interview with linnel he confuses himself. Signs of man under alot of pressure
 
S

SkyBlueBlood

Member
  • May 26, 2013
  • #11
If SISU are looking for a way out I have a map they can have for free.
 
S

Skybluesquirrel

New Member
  • May 27, 2013
  • #12
ACL took a court order out that effectively froze the bank accounts. According to the Administrator, the application attempted to freeze some of CCFC Holdings Ltd - ACL probably didn't know which accounts related to which company.

I imagine these have now been unfrozen.

Once the administrator comes in, he takes control of everything.

Regarding funding the stadium - that will be most likely done through another company set up specifically for the task.
 

oldskyblue58

CCFC Finance Director
  • May 27, 2013
  • #13
The third party debtor orders were taken out against CCFC Ltd and CCFC H. It froze what was in the accounts etc on the particular day not the account. They were for a specified period which has now expired for ccfch. When CCFC Ltd went into administration the third party debtor orders became void.

At no time were the SISU own accounts frozen. Whether SISU have investors willing to back them and put more funds into the CCFC project is a different question. It depends what they have been told and who they are. I suspect they have already taken advantage of any losses generated in previous years
 
Q

quinn1971

Well-Known Member
  • May 27, 2013
  • #14
oldskyblue58 said:
The third party debtor orders were taken out against CCFC Ltd and CCFC H. It froze what was in the accounts etc on the particular day not the account. They were for a specified period which has now expired for ccfch. When CCFC Ltd went into administration the third party debtor orders became void.

At no time were the SISU own accounts frozen. Whether SISU have investors willing to back them and put more funds into the CCFC project is a different question. It depends what they have been told and who they are. I suspect they have already taken advantage of any losses generated in previous years
Click to expand...

It's definitely what fisher said. .fisher bending the truth again what a suprise.the whole interview was trying to make sisu out to being hard done by...
 

oldskyblue58

CCFC Finance Director
  • May 27, 2013
  • #15
quinn1971 said:
It's definitely what fisher said. .fisher bending the truth again what a suprise.the whole interview was trying to make sisu out to being hard done by...
Click to expand...

exactly .............
 
Q

quinn1971

Well-Known Member
  • May 27, 2013
  • #16
oldskyblue58 said:
exactly .............
Click to expand...

He must be getting paid some bonus if he pulls this off.i doubt its enough to have a clear conscience. He must know what he is being told do to our club is wrong.
 
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