quinn1971

Well-Known Member
Mar 31, 2013
1,220
253
133
Just listened to an interview between fisher and daryl murphy on free radio from march.couple of things he said. It was in response to the transfer embargo placed on the club and the matter of the debt order placed on the club for the owed rent. He said that sisu cannot continue running the club's when they we're losing the ammount of money they were each month.he said he feared for the future of the club as sisu could quite easily just walk away.When asked about possibly new buyers he said that as far as he was aware the were no interested partys on the horizon.also he stated that their accounts had been frozen.I just wanted to know is it still the case that their bank accounts are still frozen if so suerly this would totally knock their plans of a ground share and a new stadium on the head as they have no way of paying for anything.
 

Sick Boy

Well-Known Member
Sep 29, 2008
28,114
20,663
313
Verona, Italy
Just listened to an interview between fisher and daryl murphy on free radio from march.couple of things he said. It was in response to the transfer embargo placed on the club and the matter of the debt order placed on the club for the owed rent. He said that sisu cannot continue running the club's when they we're losing the ammount of money they were each month.he said he feared for the future of the club as sisu could quite easily just walk away.When asked about possibly new buyers he said that as far as he was aware the were no interested partys on the horizon.also he stated that their accounts had been frozen.I just wanted to know is it still the case that their bank accounts are still frozen if so suerly this would totally knock their plans of a ground share and a new stadium on the head as they have no way of paying for anything.

If their bank accounts are frozen, then how have they been paying players?
 

quinn1971

Well-Known Member
Mar 31, 2013
1,220
253
133
If their bank accounts are frozen, then how have they been paying players?

Exactly ..until the administration is sorted they have no funds ( according to fisher) so how can they be paying legal fees and staff wages etc
 

cloughie

Well-Known Member
May 9, 2011
3,444
372
83
Coventry
Just listened to an interview between fisher and daryl murphy on free radio from march.couple of things he said. It was in response to the transfer embargo placed on the club and the matter of the debt order placed on the club for the owed rent. He said that sisu cannot continue running the club's when they we're losing the ammount of money they were each month.he said he feared for the future of the club as sisu could quite easily just walk away.When asked about possibly new buyers he said that as far as he was aware the were no interested partys on the horizon.also he stated that their accounts had been frozen.I just wanted to know is it still the case that their bank accounts are still frozen if so suerly this would totally knock their plans of a ground share and a new stadium on the head as they have no way of paying for anything.

rent lease agreement was / is with Ltd not holdings account player paid by holdings
 

quinn1971

Well-Known Member
Mar 31, 2013
1,220
253
133
rent lease agreement was / is with Ltd not holdings account player paid by holdings

But this was before all the administration had started.he said sisu's accounts had been frozen . Nothing about holdings or ltd?
 

Sick Boy

Well-Known Member
Sep 29, 2008
28,114
20,663
313
Verona, Italy
There was something on here about this before, I think it was only a certain amount in the account which was frozen at a certain period or something.
 

cloughie

Well-Known Member
May 9, 2011
3,444
372
83
Coventry
But this was before all the administration had started.he said sisu's accounts had been frozen . Nothing about holdings or ltd?

yes but they could not freeze an account from a company that did not have a rent agreement with them which has always been Ltd

as for the fork tongued one he spouts inaccuracies every other day ........unaware of any other interested parties? Hmmm:confused::thinking about::thinking about::
 
Last edited:

quinn1971

Well-Known Member
Mar 31, 2013
1,220
253
133
yes but they could not freeze an account from a company that did not have a rent agreement with them which has always been Ltd

as for the fork tongued one he spout inaccuracies every other day ........unaware of any other interested parties? Hmmm:confused::thinking about::thinking about::

So sisu were desperate in april and looking for a way out .but there were no interested parties.now theyre queuing up ...still looking for that way out sisu..take your pick id say :)
 

Skybluesquirrel

New Member
Dec 29, 2011
273
0
16
Brighton
ACL took a court order out that effectively froze the bank accounts. According to the Administrator, the application attempted to freeze some of CCFC Holdings Ltd - ACL probably didn't know which accounts related to which company.

I imagine these have now been unfrozen.

Once the administrator comes in, he takes control of everything.

Regarding funding the stadium - that will be most likely done through another company set up specifically for the task.
 

oldskyblue58

CCFC Finance Director
Apr 16, 2010
9,697
7,608
313
Coventry
The third party debtor orders were taken out against CCFC Ltd and CCFC H. It froze what was in the accounts etc on the particular day not the account. They were for a specified period which has now expired for ccfch. When CCFC Ltd went into administration the third party debtor orders became void.

At no time were the SISU own accounts frozen. Whether SISU have investors willing to back them and put more funds into the CCFC project is a different question. It depends what they have been told and who they are. I suspect they have already taken advantage of any losses generated in previous years
 

quinn1971

Well-Known Member
Mar 31, 2013
1,220
253
133
The third party debtor orders were taken out against CCFC Ltd and CCFC H. It froze what was in the accounts etc on the particular day not the account. They were for a specified period which has now expired for ccfch. When CCFC Ltd went into administration the third party debtor orders became void.

At no time were the SISU own accounts frozen. Whether SISU have investors willing to back them and put more funds into the CCFC project is a different question. It depends what they have been told and who they are. I suspect they have already taken advantage of any losses generated in previous years

It's definitely what fisher said. .fisher bending the truth again what a suprise.the whole interview was trying to make sisu out to being hard done by...
 

oldskyblue58

CCFC Finance Director
Apr 16, 2010
9,697
7,608
313
Coventry
It's definitely what fisher said. .fisher bending the truth again what a suprise.the whole interview was trying to make sisu out to being hard done by...

exactly .............
 

Users who are viewing this thread