Sisu are masters of setting up new companies, so why use Otium as a vehicle for assembling all activities of the football club? It's been sitting idle for a couple of years - so much so that nobody really found it worth the efford to file the accounts.
Otium means leissure or even retirements. They chose that name when they established the company. Was it used to retire Ranson and Prozone?
Never mind, it's a genuine question - why are they using Otium and not just setting up a new company parallel to Otium?
Does anybody else find it a bit strange?
Pre packed ,pre planned for this event surely Godiva.
Are you suggesting a further retirement?Sisu are masters of setting up new companies, so why use Otium as a vehicle for assembling all activities of the football club? It's been sitting idle for a couple of years - so much so that nobody really found it worth the efford to file the accounts.
Otium means leissure or even retirements. They chose that name when they established the company. Was it used to retire Ranson and Prozone?
Never mind, it's a genuine question - why are they using Otium and not just setting up a new company parallel to Otium?
Does anybody else find it a bit strange?
Is any investment through that evident??When Otium was established it was Orange Ken himself who said that the company had been set up as a vehicle to provide Capital to the Club at a time when that might become necessary or useful in the future. I forget the exact words, someone will be able to dig out the quote I'm sure.
Are you suggesting a further retirement?
It's the mid-point between opium (could be handy to numb the pain, not to mention lull CCFC supporters into a drug-induced haze, a state in which they are less likely to ask awkward questions) and optimum (SISU wanting to "optimise" their "investment", ie "get something for free", eg The Ricoh Arena).
They do sound a bit like an oaty yummy breakfast cerial. Otium... the breakfast that sticks in your throat.
Actually yes.
If I was Fisher I would have retired Otium completely and set up a fresh new company called Coventry City Football Club (final edition).
It's the mid-point between opium (could be handy to numb the pain, not to mention lull CCFC supporters into a drug-induced haze, a state in which they are less likely to ask awkward questions) and optimum (SISU wanting to "optimise" their "investment", ie "get something for free", eg The Ricoh Arena).
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