Does anyone think sisu actually want to build on the land as opposed to just getting planning permission to increase it's value?
And if it's only planning permission they're after would putting Venus on the board really help that much?
SISU have never built a thing. They're enhancing value.
That was my thinking, so is putting venus on the board going to help gain planning permission or are people reading too much into this due to his construction company?
Didn't it get paid back at one point? Might have been mortgaged again since then of course. OSB to the thread please!
Snog, marry, avoid.. ermmm... avoid I think.MV now finds himself in a position that might mean having to decide on the future of his mate TM. I would also think he will be finding out how it is to be at the sharp end with Seppala
I found a couple of interesting things at Companies House today:
1. As well as being a director of Otium, Mark Venus is also a director of Dedham Vale Homes Ltd whose business is "Development of building projects". Does this have any connection with the plans to sell off Ryton for housing? I wonder whether MV is really on the Otium board to strengthen the football side or is he there to sell off the club's only remaining asset?
2. The latest set of accounts for SISU Capital in 2015 show turnover of just GBP1.1 million which is almost half the turnover it got in 2014 (2.0 million). Moreover, in 2015 SISU made a loss of 400K. I realize that SISU only manages the investors' funds and does not directly own the club. Nevertheless, it does appear that SISU are struggling financially because their management fees have declined due to their poorly performing investments. Maybe Joy is not as rich as some people on here seem to suggest? And maybe CCFC is a lot more important to SISU's financial performance than some people think?
Joy is a real estate expert according to herself, she studied it at university. However a Crown Court Judge has,also questioned the accuracy of her memory.You would think their agents would know more than an ex footballer though surely?
I thought one of their major issues was that they don't have any pies?Getting at the sisu business model and as much adverse publicity as legally possible is the best way I believe to get them out and away from our club. cost them money, cost them new business, their published accounts would hardly satisfy Sepalla's lavish legal bill let alone financially back a professional football club.
Do we know what other assets they, sisu that is, have or what other pies they have their fingers in. ?
Getting at the sisu business model and as much adverse publicity as legally possible is the best way I believe to get them out and away from our club. cost them money, cost them new business, their published accounts would hardly satisfy Sepalla's lavish legal bill let alone financially back a professional football club.
Do we know what other assets they, sisu that is, have or what other pies they have their fingers in. ?
True.SISU have never built a thing. They're enhancing value.
Would most probably mean that the fund which we are a part of makes a profit. The more of their funds that make money the more people invest in them. The more money invested in their funds the more money SISU make.If CCFC were operating at break even. Then sold an academy player for say 5 million. With the crazy way that football is heading.
If the club was self funded (without relying on player sales).
Could that 5 million ultimately show as SISU or related companies running in the black?
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