Search results

Rugby Premiership season doesnt start till 18th October because of the world cup in Japan. The 21 of us have time. CCFC away at MK Dons that weekend

I think as far as SISU and Wasps are concerned you have two entities trying to break each other. Nothing more complicated than that. They are both as bad as each other, and indulge in tit or tat decisions that suit the individual owners agendas. Both take decisions with a calculated and expected...

the whole consortium thing has been clueless from the start. It wasn't ever going to succeed but the performance of its leaders ensured that. Fed up of the whole lot of them, SISU, CCC, Wasps, Consortium, EFL etc playing games to suit their agendas. Now it amounts to PR wars from all sides...

Its on the website G. Under the drop down of constitution RIGHTS AND POWERS OF MEMBERS 25. The members have the rights and powers available to them under the law relating to Community Benefit Societies and are to decide in particular the issues specifically reserved to them by these Rules. 26...

Are you all certain that the assurances sought by Wasps are specific related to the EC complaint? The more comments that are made by both SISU and wasps the more i think the assurances relate to what happens after in terms of possible new civil suits that SISU might then seek to bring. Those in...

You can assume what you like. But for the moment thats all it is assumptions, i dont know and neither do you, we can only guess. There may well be a link brought about by the Gidney email but doesn't the possible link go before even that when wasps played a cup match at the Ricoh? Clearly both...

Different scenario to what the Gidney email was trying to achieve though wasnt it? He wanted ACL to acquire Wasps. She wanted to sell the stadium to wasps

It cant be assumed it got any further at that time either. The only certainty is they were in contact. Was that the only club they were in contact with for instance? Why were they in contact with anyone else at all? etc etc etc The purpose of the post was to provide a more detailed timeline...

Ok everyone appears to be merrily asserting facts as to what went on so here are some that have been provided in court as evidence in the various cases, appeals etc. All verifiable and taken from the timeline on the Trust site that details the sources. I have added in the emails that SISU assert...

To be honest his comments raise more questions than they solve the history. His selective memory where he can remember a particular day in the 1990's but not the figures that paint him in a bad light devalues his contribution for me. Some of the comments seem like the comments of a dreamer. For...

would be included as a debtor in the financial statements and should have been disclosed as a related party transaction. The sale of the two plots is included in the 2000 financials. Thackhall St had an original cost of £486k. I think they spent it paying bills. Even then it wasnt enough...

Might be misunderstanding this but Richardson seemed to imply the other land was held by someone else not by the club. Could it be that the idea was to sell both plots as one and to split the proceeds proportionately? edit ..... see below my next post

Percentage of total wages to turnover for CCFC 1991 75% 1992 94% 1993 65% 1994 69% 1995 57% 1996 64% 1997 68% 1998 60% 1999 70% 2000 78% 2001 81% 2002 111% (year after relegation income dropped from 23.9m to 16.4m wages total from 19.3m to 18.3m)

if they held it at all, it would have to be included in the audited financial statements. As at 31/05/2002 the club had £147k in the bank

Richardson came in as director 09/11/1991 CCFC H in the 1992 accounts had a balance sheet of +1,592,426 with total liabilities (from all sources) of 3,887,606 He left 30/01/2002 CCFC H group had accumulated to 31/05/2002 a negative balance sheet of £14,282,254 and total liabilities of...

One question. How were CCFC going to be able to repay the £5m to be able to go back to Highfield Road? There was nothing like that in the bank and cash flow wasn't generating the kind of surplus to do it. The club was struggling to find any finance. It is one thing saying we could buy it back...

Richardson left January 2002. CCFC Holdings year end 31 May. Total levels of liabilities (from all sources ie Bank, Directors, other lenders, creditors & accruals)were 1999 £31,482,956 2000 £50,291,321 2001 £59,613,581 2002 £37,537,125 Richardson focusses on bank debt but that is not the...

Bonus is still part of his remuneration by reason of his employment. He earnt £588k plus pension. That is what would have been reported to HMRC The guy putting the questions quoted him the wrong figure, but it was probably a bonus paid to him at least in part What is strange is that he...

Doesnt matter in terms of the 2019 accounts. They have made a disposal of some of their Premiership shares at a substantial gain. That gain will have to be recognised based on the date of disposal as a positive in the Comprehensive Income Statement and as a positive increase in the Balance...

from the 2001 audited accounts signed off by B Richardson & G Hover