just my opinion ......The sale process will establish one bidder who bids unconditionally for CCFC Ltd. The process will have been followed. There is a bidding window of 14 days. PA will decide it is in the best interests of the creditors for that bidder to gain control because there is no other unconditional bidder. The deal will be acceptable to the FL because share & players will be reunited
Club will be established going forward under which ever company with SISU as the owners.
It might not be quite like that but I think we can expect SISU to be remaining as owners of our club.
Wont get another penny off me
I agree.
SISU have no money, the FA might think they owe Hoffman a favour and if ACL say they will never deal with SISU again, then there is a whole different scenario.
Don't give up hope yet.
The FL are running scared, SISU would tie them up in knots via court cases etc.. there should be a clear rule where the golden share should lie. Their tactic is to hope that it is resolved amicably they would not dare confront sisu.
A myth? You mean their accounts are a myth? They will have to prove to the Football League that they can fund CCFC for the next season and I doubt if the League will take "we're good for it, ask anyone on SBT" as proof.
SISU as an investment fund would be able to show accounts that demonstrate its ability to fund CCFC. The accounts of CCFC Ltd or Holdings are irrelevant.
Ohhh OSB, we may have finally found something we agree on
What will happen at ACL?
Well, it seem that they tried to play hard ball and lost. They will have to write off all arrears and try to get a new deal with sisu. Some backtracking is required.
Add to that the sisu claim that there was a joint plan with ccc to distress ACL (partly owned by ccc). It really doesn't have to be proven in court - the mere suspecion is enough to create changes.
I expect some personnel changes at ACL and new faces will help ACL and sisu to come to a mutual agreement.
That agreement could be what we all want - the club and ACL under the same umbrella.
If it turns out the golden share is not with the company that is in admin - then by boycotting the 'home games' at Bescot, Rushden or where ever SISU will be forced to sell as they would have no revenue streams.
So when sisu buy's limited and bring it out of administration ... and file the long overdue accounts, what is next?
ACL want the club to play at the Ricoh ... in fact their operation pretty much depends on it.
The petition which is still running demands that the club plays at the Ricoh.
The Trust insist the club plays at the Ricoh.
So ACL will HAVE to speak to sisu. But with PH4 gone back to US, they will have to face sisu alone.
What will happen at ACL?
Well, it seem that they tried to play hard ball and lost. They will have to write off all arrears and try to get a new deal with sisu. Some backtracking is required.
Add to that the sisu claim that there was a joint plan with ccc to distress ACL (partly owned by ccc). It really doesn't have to be proven in court - the mere suspecion is enough to create changes.
I expect some personnel changes at ACL and new faces will help ACL and sisu to come to a mutual agreement.
That agreement could be what we all want - the club and ACL under the same umbrella.
And still to come: Was the bailout legal???
Who is this idiot?
You have to wonder.
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