Maybe we are missing a point the regarding SISU bidding for the CCFC Ltd business.
I'm not sure they want to retain the football club, but all this is meant to be a way of inflating any third party offer to try and get maximum return in real cash terms. If we look at all that has been spoken / written by various stakeholders SISU would commit business suicide by actually carrying on. I think everyone is pretty much agreed on that. TF is banking on the sky blue blood of many supporters and gambling that they will turn up despite lots of'hot air'.
If they acquire CCFC Ltd for even the real AVRO debt level, no money actually changes hands and SISU's position is exactly as it was before. If they do try to up the ante by calling other interested parties bluff by purporting to bid they're hoping for an increased real cash offer for CCFC.
A very dangerous game to be playing but I (and I'm definitely not pro SISU) think a gamble they are prepared to take to get the biggest possible cash return.
Wonder if this is right or a millions miles from the truth?
I'm not sure they want to retain the football club, but all this is meant to be a way of inflating any third party offer to try and get maximum return in real cash terms. If we look at all that has been spoken / written by various stakeholders SISU would commit business suicide by actually carrying on. I think everyone is pretty much agreed on that. TF is banking on the sky blue blood of many supporters and gambling that they will turn up despite lots of'hot air'.
If they acquire CCFC Ltd for even the real AVRO debt level, no money actually changes hands and SISU's position is exactly as it was before. If they do try to up the ante by calling other interested parties bluff by purporting to bid they're hoping for an increased real cash offer for CCFC.
A very dangerous game to be playing but I (and I'm definitely not pro SISU) think a gamble they are prepared to take to get the biggest possible cash return.
Wonder if this is right or a millions miles from the truth?