Sky Blue Trust Questions, Questions... (1 Viewer)

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Sub

Sub

Well-Known Member
Current events at Coventry City have a number of puzzling aspects, but there are some that seem particularly relevant now that “crunch time” has arrived. These questions surround the shadowy figure of Joy Seppala.


We'd like to know the answers to the following in particular:

  • Ms Seppala is not on the list of directors of any Sky Blue Sports & Leisure Group company, yet she appears to be taking the decisions for the Group. Isn’t she therefore a “shadow director“, with responsibilities under the Companies Act and subject to investigation under the Insolvency Act 1986?
  • How does this apparent role as a “shadow director” square with the Football League’s Owners and Directors Test? Did she complete that test? If not, why not?
  • As sole agent for her investors with discretionary powers over those investments is she therefore the controlling party of CCFC under Football League rules? Shouldn’t that have been disclosed?
  • If decisions regarding the football club are reliant on Ms Seppala’s approval why is she NOT a director of any of the Group companies and present at all the important meetings with the administrator and ACL etc?
  • Is it true that the Football League was subjected to legal threats if they did not approve the plan to groundshare?
  • At the meetings with ACL last week were there threats to sue ACL and its stakeholders if Ms Seppala didn’t get her demands met?
  • Did she demand at those meetings she wanted the freehold of the Ricoh at a knock down price, and nothing else would do?
  • We know that Sky Blue Sports and Leisure, (the company that not only owns Coventry City FC Ltd., now in administration, but also CCFC (Holdings) and Otium, the proposed owners of CCFC Ltd.) is so late in filing its accounts that Companies House is investigating whether the directors should be prosecuted. To allow that to happen, are those the actions of diligent and responsible directors or “shadow directors”?
  • In fact the whole group of companies are late filing accounts, and seem to make a habit of that. Why is Ms Seppala, in her obvious position of power not insisting that the accounts are filed on time each year?
We'd love to know the answers…………………….
 
R

RFC

Well-Known Member
Not saying it's right but pretty much 'standard business' practice I would suggest!
 
M

mrbluesky87

New Member
Sub said:
Current events at Coventry City have a number of puzzling aspects, but there are some that seem particularly relevant now that “crunch time” has arrived. These questions surround the shadowy figure of Joy Seppala.


We'd like to know the answers to the following in particular:

  • Ms Seppala is not on the list of directors of any Sky Blue Sports & Leisure Group company, yet she appears to be taking the decisions for the Group. Isn’t she therefore a “shadow director“, with responsibilities under the Companies Act and subject to investigation under the Insolvency Act 1986?
  • How does this apparent role as a “shadow director” square with the Football League’s Owners and Directors Test? Did she complete that test? If not, why not?
  • As sole agent for her investors with discretionary powers over those investments is she therefore the controlling party of CCFC under Football League rules? Shouldn’t that have been disclosed?
  • If decisions regarding the football club are reliant on Ms Seppala’s approval why is she NOT a director of any of the Group companies and present at all the important meetings with the administrator and ACL etc?
  • Is it true that the Football League was subjected to legal threats if they did not approve the plan to groundshare?
  • At the meetings with ACL last week were there threats to sue ACL and its stakeholders if Ms Seppala didn’t get her demands met?
  • Did she demand at those meetings she wanted the freehold of the Ricoh at a knock down price, and nothing else would do?
  • We know that Sky Blue Sports and Leisure, (the company that not only owns Coventry City FC Ltd., now in administration, but also CCFC (Holdings) and Otium, the proposed owners of CCFC Ltd.) is so late in filing its accounts that Companies House is investigating whether the directors should be prosecuted. To allow that to happen, are those the actions of diligent and responsible directors or “shadow directors”?
  • In fact the whole group of companies are late filing accounts, and seem to make a habit of that. Why is Ms Seppala, in her obvious position of power not insisting that the accounts are filed on time each year?
We'd love to know the answers…………………….
Click to expand...

Exactly and thats why SISU should never get their dirty mits on the Ricoh and should never have got their dirty mits on our football club full stop. How did it go "one minute away from the club going in to administration" before SISU saved (I said that very lightly) us. One f*****g minute and we could have started again with new owners and who knows where we would be now.
 
lordsummerisle

lordsummerisle

Well-Known Member
Would have thought that, just for the moment, with Seppala getting involved and possible meeting with Ann Lucas to help come to agreement, the revised offer from ACL yesterday, that the Trust could perhaps have a little less combative stance until an agreement to play at the Ricoh(or not) is finalised.
 
Samo

Samo

Well-Known Member
mrbluesky87 said:
I doubt she is real, a smoke screen for Tim Fisher once in a while. Its funny she is not a director anywhere??? Mr Fishers alter ego per chance??
Click to expand...

Tim is just a suit she puts on! She is in fact a lizzard (ask David Ike). If you look carefully you can see the zip up the back.
 
torchomatic

torchomatic

Well-Known Member
Exactly what I thought when I read it. I've never thought the SBT had any sense of timing. See what happens post the meeting on Friday. If it's still Northampton then go after them all guns blazing. Until then....

lordsummerisle said:
Would have thought that, just for the moment, with Seppala getting involved and possible meeting with Ann Lucas to help come to agreement, the revised offer from ACL yesterday, that the Trust could perhaps have a little less combative stance until an agreement to play at the Ricoh(or not) is finalised.
Click to expand...
 
Voice_of_Reason

Voice_of_Reason

Well-Known Member
Why didn't Appleton notice this when opting for Otium as preferred bidder and report it to the Football League ? I have emailed Appleton asking him to explain, copy to Football League.
 
blueflint

blueflint

Well-Known Member
torchomatic said:
Exactly what I thought when I read it. I've never thought the SBT had any sense of timing. See what happens post the meeting on Friday. If it's still Northampton then go after them all guns blazing. Until then....
Click to expand...

dissagree keep up the pressure we need answers now
 
B

blend

New Member
I agree stop taking such a confrontational approach with our agreeable owners who once more find themselves in such a tough spot. Why can't we all negotiate with honour like SISU do rather than taking the hard line. Tut tut!!
 
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