Search results

not if you are looking to maximise revenue & income and the club doesn't cost you anything to support any more - to my mind you pay the Otium loans down then sell the club in those circumstances. There may also be reasons that they need to show income paid not just capital. Presently I dont...

maybe their investors have said no more cash to Otium ? Maybe they were sure that COH would get sold and they wouldnt need to and when he got injured it screwed up the plans. There should be a point any investor says - no, no more and they have got to that point?. Who knows we will certainly...

Look i could be reading it all wrong but the things that make me seriously consider it are SISU do not look at CCFC as a fan but as an investment commodity that could/should bear capital and income return 2019 accounts - player sales income 4.4m player purchases 700k SISU took out 1.7m. (yes...

But sisu don't and never have put the needs of the club before their investors. I don't think the first objective for sisu is the stadium at all. I still think their first objective is still income and capital extraction which they started in 2018/19 but got halted by the pandemic. It is...

Of course we can get out of this and stay up. This season is and was always going to be about staying up. Of course it could also go wrong. So far plenty of off field things have gone against us, some in our control others not. On the pitch there are obvious weaknesses in the squad which is...

No nor me on both points. They will want player sales so they can take a slice to reduce loans before they sell. That can be done in any division of course

Without checking properly sbs&l shows around 28m in loans from the investment funds after including some accounting non cash adjustments about 19m of that represents actual cash. Not secured on otium and therefore not secured on the club Some the amounts loaned have been converted to preference...

Otium owes 9.9m capital and 11m in interest per the 2021 financials Of that 9.9m there is 1.5m that relates to the administration payment

🤔 err ...... it seems so.

Hold up isn't the biggest hit to cash flow and team performance that we didn't make a big sale sufficient to buy 3 or 4 players ? Who was in charge of that ? 🤔 Yes there is a "short term" income loss but a big chunk of that is guaranteed to come in anyway at some stage because it relates to...

Fixture congestion is going to put a massive strain on the club. It's the knock on effects that are a problem. Cancellation due to our Queens death is unfortunate but understandable in my view. Disappointed to see other sports don't feel the same. Although I can see the logic in playing and...

Only thing I would say is that cup game apart it is screwed up anyway by how they have "solved" it. But agree with CD we will never really know

Not one that the club would be in control of. Also ccfc would be an ordinary unsecured creditor and rank well down the list I think people are missing the point that administration is primarily a process to save or restructure a company not to liquidate it.

Question - am curious as to why an algorithm is necessary to reverse a fixture ? Security or police issues even stadium availability but a mathematical equation? 🤔 Isn't the key to integrity of the competition getting a fixture played ?

Didn't say which autumn though 🤔

Thanks Pete. just to be clear these are minutes primarily approved by the club as I understand it? So a new pitch formed part of negotiations for return but then says there was no written guarantee about the pitch. Just talk then wasn't it, a nice idea nothing more. Then says ccfc would only...

Rugby is in a massive mess. It needs a complete reset and I am not sure how they can do it. Further down the rugby pyramid things are pretty grim too. The article itself is inaccurate and clearly the paper gave the investigation to people who don't understand accounts. I am sure all clubs...

Backing the team and having concern for our financial situation are not mutually exclusive . After saying on Tuesday that the club essentially has serious financial problems what is the plan, the strategy to get us through? We have been told the problems now we need the solutions. No player...

Can understand Petes frustration. But I suspect that such things can be to the advantage of people answering the questions when it suits. Couple that with it being stage managed, pre submitted questions and announcements pre meeting. Pete is on a hiding to nothing then gets battered by some...

What really frustrates me is the regular claim "the aim is to keeping improving", "to keep getting better players" when they know damn well that the manager isn't getting the funds to do that. So far the owners have got away with because of the fabulous job MR has done. I know they have to be...