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Otium owes most of it to ARVO 7.48m in capital and 9.8m in interest. The rest is owed to SISU master fund (2.2m plus 1.2m interest) & SISU Capital (UK) Limited (238k plus 65k interest) The £28m in SBS&L is derived partly from when they bought in and partly from cash they put in. But i estimate...

Didnt the original press release suggest W Uni would own the site and lease to or some CCFC associated entity. That the club would build it

The £28m deficit on the Otium/CCFC balance sheet in 2021 is a net amount of all assets less all liabilities. Total assets are 8.7m and total liabilities £36.5m what is owed to to the owners is in round terms £10m in capital and £11m in interest There is a further £28m owing to investors on...

Yes is the simple answer However going forward you have to factor in increases in annual base salaries, achievement bonuses in Championship, more expensive players coming in having bigger salaries & bonuses, increase in agents fees, etc

Closed shop by the backdoor then in effect. Only way any current Championship team could play in the Premiership is to ground share which puts substantial money in to someone else's pocket and leaves no asset to show for it I do not see any current Championship team being able to fund the...

the 13.17m includes 1.1m for national insurance and 210k for pension. In 2020 the total was 6.5m national insurance 579k and pension 39k There were 160 full time employees (2020 145) of which 13 were administrative (2020 12). So the amount paid to employees who were administrative is not going...

They will have loan agreements so not quite anything they like but certainly 4 sets of loans at varying rates between 9% and 15%. The lower rate perhaps reflecting the security on that particular loan. So long as the interest is not actually paid not a problem to MR budget............ but any...

Looking at other clubs losses is interesting but doesn't really help understand the CCFC ones. Each club will have different set ups, different attitudes from their owners, could be without the increasing interest burden, almost certainly have more assets within the football club or group. So...

the value of SISU investor investment in CCFC. People look at CCFC figures and make the leap that this is what the value on SISU investment funds is. I am almost certain it is not The investors have several elements to their investment ARVO loans to Otium/CCFC. £10m in capital and £11.1m owed...

The wording in the report is quite standard, but you also need to read the next bit that such undertakings are not legally binding since 01/06/20216 to 31/05/2021 SISU have put in less than 50K or put another way during MR's tenure they have put in less than £50k additional funds to help him...

"Pay better attention " It was a poster before you that suggested they had invested circa £100m so get over yourself. The only comment I will make on your assertions is that whilst they are possible scenario there is very little that I agree with for reasons I have explained in detail several...

Sorry but talk of 100m or even 50m invested in hard cash by our owners is complete and utter nonsense. The club is otium entertainments group since the administration. In terms of hard cash put in then otium owes the owners in round terms 10m plus 11.5m of high rate interest. ARVO put in...

Summary of the main points - the strategic report dresses things up as would any such report. Tells you what the directors & owners want you to hear - so look beyond it. It refers to investment but the only new monies have come from the EFL. The auditors have not qualified their audit report...

what is the clubs view on this Rugby Football Union to vote on proposal for second-tier Championship reform - BBC Sport seems like a down grading to benefit the Premiership at first sight and not at all about the well being of Championship clubs

I thought it was a decent performance last night. The game could have gone either way. The one thing that has impressed me more than anything this season is the way the team never gives up and likely to score in the final minutes of any match. 50 points after 32 games for a team without the...

have lived well beyond means for over a decade. Enough said really 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 Turnover 11.9m 16.2m 17.6m 17.1m 14.2m 10.3m 7.1m 4.5m 8m 8.5m Staff Costs 30.2m 27.3m...

Raises some important points. Not read it properly yet They were already on the road to financial problems pre pandemic However I might have more sympathy if as a club under his leadership hadn't paid out more wages than turnover every year since 2014 (couldn't be bothered to check back...

We should find out the position 31/05/21 at end of this month that should give indication of the current situation. The owners interest gets rolled up but the initial need to sell players is simply to build a pot to operate the team ie wages let alone purchases. It's how MR establishes a...

As for our strikers not being up to it. Only one club has two players in the top 14 strikers so far this season. CCFC Yes they miss chances but would rather that than have no chances at all

COH played 30 games 1 goal 4 assists Hamer, kane and Gyokeres all have as many assists in less games Gyokeres and godden have 21 goals between them. Cant argue based on stats alone that those have been largely provided by COH. He is a good player, at times frustrating and MR has built our...