Whilst at the moment the business world is in awe of Sisu's fiscal and managerial competence?[/QUOTE
Sure they would have had the nose In the trough with those LLoyds Bank and Royal Mail floatations ,what a convenient bonus .
There's a big difference between fucking up a business and actively seeking to destroy a 100 year old professional sports team. Their company of businesses would fall apart if they allowed CCFC to go to the wall.
Points deductions aside, I don't think there is any evidence that a liquidation event would occur seriously. There is simply no logic to it. Now before the inevitable comments that they haven't applied much logic so far - financially it doesn't makes sense - they wouldn't even have the golden share as an asset to recoup on, PR wise it would destroy the SISU group of companies, and they would stand to lose far more than what they put into CCFC.
There's a big difference between fucking up a business and actively seeking to destroy a 100 year old professional sports team. Their company of businesses would fall apart if they allowed CCFC to go to the wall.
Sorry Ian just saw your post.
Would SISU not sell the Holden share with permission from the FL with the FL having final say over the suitability of a purchaser.
I agree they would not liquidate they would sell Ryton, CCFC (squad and Golden Share) and the academy.
The question is what would they get?
Also would they do one final push for the play off places before trying to sell?
They have liquidated businesses in the past. That's what hedge funds do. They have been threatening to liquidate our club for over two years now. Are you saying that they are full of shit?
You can't sell the golden share, what you can sell is what we would consider the football club and the league will then grant you the golden share. The value is in the right to have it (ie the continuation of the club) rather than the share itself.
You have no evidence other than your opinion - neither do I in fairness.
How many business have the SISU group of companies actually liquidated? I assume you'll know exactly seeing as you are so certain.
Also saying there is a threat of liquidation due to financial difficulties is not the same as saying 'we are going to liquidate this business'.
If the club were to be liquidated - we would probably lose our place in the football pyramid and have to re-apply several leagues below. There is no financial value to anyone in it.
They HAVE liquidated businesses in the past. They HAVE been threatening to liquidate our club for over two years. This is not an opinion as you say.
So what hedge funds have CCC been investing in?
Are you telling me that you haven't read about their past? I suppose you haven't read about Joys integrity being questioned by a judge a few years ago. That was whilst trying to do a forced sale of a company to themselves IIRC. Or do you just have selective memory?
Also saying there is a threat of liquidation due to financial difficulties is not the same as saying 'we are going to liquidate this business'.
Give us the freehold or we will liquidate the club is more or less what they were saying.
You know damn well that I cannot prove which ones they've invested in.
http://www.efinancialnews.com/story...-steps-up-push-for-pooled-uk-council-pensions
Now this article talks about how local councils invest in hedge funds. In fact the first line says £171 billion. Now are we really saying that CCC would be the only council not to do this?
As for my point - you can surely prove that. If they HAVE definitely liquidated businesses you will be able to tell me which ones.
I must have missed that quote - when did they say that..... more or less of course.
Why don't you just do a Google search? I am on my phone so can't do a lot.
Have you refused to read anything that you could see as anti SISU? It is all out in the open and SISU never denied it. But I suppose you know that.
I tried - to be fair I wouldn't imagine that it would be that easy to find that sort of stuff out. I assumed given your statement you already knew the answer.
But the idea of them liquidating CCFC is laughable... I can't believe so many sensible people think it would occur.
Didn't they have some conflab with one of the motorway services outfits ,Moto...Forte?? That Belgian Steel company??
There's a difference between suggesting scenarios that could occur in the future and what they would actually do. It's like the bloody Jehovah's witnesses... everything taken literally.
And no, there is plenty of things that SISU have fucked up royally - they should have done things right when they first took over. They also are not going to just roll over and give up the club... so I want them to sort their shit out and fix it. But the idea of them liquidating CCFC is laughable... I can't believe so many sensible people think it would occur.
We might have differing opinions about why and how we are here - but it's like saying CCC would knock down the Ricoh if they lost the JR.
No, I agree, it's far better to keep the club stumbling along for the next 4/5 years,incurring further losses, and still get nothing because it will still be worth FA then!
After all, these are professional investors - they know what they are doing!
Which is a very fair point indeed. Liquidate, get nothing, carry on for say 5 years as we are and continue to hemorrhage money.
Not pretty whichever way you look at it.
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