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  1. S

    Well Worth the read

    Who fills out the original forms/contracts. The clubs. Who completes the administration side of the loans/sales of clubs. The Football League. When a club fucks up, the league make them pay. With points deductions and fines. Except with Sisu, the league issues an APOLOGY and writes to...
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    Well Worth the read

    Cheers Sub! Much appreciated just posting a link. Is the weight loss thing at the bottom of the blog - if so some bastards selling advertising space without even asking.
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    The time has come

    Administration is a process that attempts to rescue a failing company from entering liquidation with a view to exiting as a going concern. ACL had a lease agreement with CCFC that was unpaid. ACL proposed a revised agreement as part of the CVA. This is standard practice as part of a taking...
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    The time has come

    The offer was made by ACL to the administrator as part of an agreement to agree the terms of the CVA. If the preferred bidder had accepted the terms, the rent being paid by Otium would be to the owners of the Ricoh at the price suggested this season. Therefore the offer was quite clearly...
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    Club debt

    When Sisu took over the wrote off the debts in Sky blue sports & leisure, the ultimate parent company. They didn't write off the debts in CCFC ltd and Holdings. The subsidiaries of SBSL. They injected around 29 million up to May 2011. They may have had some of that back (poss £8 million) but...
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    600 fans paying £20 Quid

    You have to knock 20% off for VAT. £4 on a £20 ticket - £2.60 on £13.00. I worked out that the wages bill would be £1.3 million a year on a 3,000 gate. You have to include the away fans in the total, but there are rumours that 100 of the season tickets which SISU have 'purchased' are for...
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    Coventry City Football Club Limited

    Directors have a responsibility to report any significant changes to trading activity between the year end and the date they sign the accounts off.
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    Coventry City Football Club Limited

    FIFA hate English football. Transfer windows are imposed by FIFA.
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    Coventry City Football Club Limited

    Third party ownership is against FL rules. Transfers can only take place during the transfer window. That gave them between 20 June 2012 - the date Fisher signed the accounts and the 31 August to get them all signed accross.
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    Coventry City Football Club Limited

    Thats quite a find. Its looks like an internal document. Unfortunately, Ive not had access to anything that isn't in the public domain. This document looks like it confirms what I (and OSB - and others) have deduced from official records - that CCFC Ltd was and is the football club. It would...
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    Can some explain in laymans terms........................

    SISU has designed a complex business structure that forms the ownership of the football club, consisting of companies, subsidiaries and investment vehicles based in both the UK and Cayman Islands that are collectively linked. This structure, with so many layers, can obscure and distort what is...
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    Coventry City: Questions & Deductive Reasoning

    Sub. 200% are not most likely football fans first, writers second and thirdly have day jobs. They have put up before they would prefer people not to take the whole article and paste it on a forum. They are trying to direct traffic to their site by the quality of their writing. Posting it...
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    I'm unhappy

    And it took SISU until a year ago to even notice how over the odds the rent was for an Olympic venue built specifically for the club. Thats the hedge fund managers and corporate bankers that know their way around a contract and set of accounts. Why did they not notice if they are so astute?
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    A counter-offer by SISU

    Nice to be appreciated. My ramblings can be found here: http://aprisonofmeasuredtime.wordpress.com/2013/07/31/a-deal-just-too-good-to-turn-down/
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    Transfer window closes on September 2nd September

    Fisher and Appleton have repeatedly claimed that Holdings own the players registrations. Holdings is not in administration. Holdings could have submitted their overdue accounts and then gone into the transfer market. For some reason they haven't. Can't think why.
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    Breaking news about Rent Deal

    3,000 at Sixfields @ £12 per head = £36,000 per game F&B at Sixfields @ £3 per head = £9,000 per game Total Income £45,000 per game 10,000 at Ricoh @ £12 per head = £120,000 per game No F&B at Ricoh @ £3 per head = £0,000 per game Total Income £120,000 per game Its all about the pies eh?
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    What happens to our identity as city fans if we relocate?

    A football club needs a place to call home. How does a stadium contribute to a clubs identity? Original research conducted in February on City supporters found evidence that suggests that the club's stadium plays a significant part in the making and shaping of the clubs identity. Can, or will...
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    If the rumours are true....

    What difference does that make? It's the principle. Fair play to Sisu. Drag everyone down. Level the playing field. If the JR goes ahead and then finds in their favour, the cayman island based hedge fund have looked after the taxpayers money across Europe. Teams in Holland, Spain and the UK...
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    ccfcshop.co.uk

    I hadn't noticed the league had taken over ownership[/COLOR] All clubs sites look the same to me, apart from colours. Uniform design and functionality. I imagine the league exert an element of control - which would also keep the costs down for the clubs.
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    What City memories bring a smile to your face?

    Beating Liverpool and the Villa just before Xmas in the mid eighties to take us up to third. In the cold on the kop. Didn't win again until well past Easter... Ndlovu hat trick at Anfield. Single handedly destroyed them. Took off with 5 mins to go to a standing ovation. Bought a tear to my eyes.
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