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  1. S

    How much do SISU stand to make

    SkyBlueG - there is no overdraft. They have access to cash via investors/private funds. Wingy - A club makes no sense financially on its own, particularly one in the third division. However, the stadium and surrounding land can be redeveloped to massively increase returns. You need the two...
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    W.Brom 7-1 CCFC, long way home - I remember it well

    I reckon that was one of my first ever away games. Went with me old man. I was only five but still I was hooked. I think I can still remember Ferguson's goal - did the keeper drop it and he slid the ball in from around the penalty spot when we were already 6 or 7 down?
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    Paul Appleton (without prejudice)

    Really interested to see them. Are they publicly available?
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    I need your help! Please read and reply if possible...

    Exactly. The VAT number shows who we are paying. Or at least who is collecting the money. Has anyone got any credit card statements that show exactly who they paid?
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    I need your help! Please read and reply if possible...

    Thank you for the support! That goes to everyone who is helping. The CT aren't doing it so I thought someone should...
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    The Golden Share...lets try some clarification of the issues at stake:

    I don't understand why the FL have not made a clear and final statement. Maybe they don't want to end up fighting (and funding) a very expensive court battle. If Sisu can produce a 1000 page introduction when challenging the council over ACL's mortgage, its fair to assume that the odd letter...
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    I need your help! Please read and reply if possible...

    Can you forward that to me. How are they sending out emails on behalf of a company in administration?
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    Paul Appleton (without prejudice)

    Is anyone on 'linked in' and able to check his profile? I imagine he will be like a bailiff - impossible to find any information on. For their own 'safety'...
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    I need your help! Please read and reply if possible...

    The administrators report was clear. Sisu claim that CCFC Holdings Ltd is the football club, not CCFC Ltd. I've just posted up on my blog thoughts about the players contracts. Why have CCFC Ltd been paying the wages on contracts that SISU claim belong to CCFC Holdings Ltd? Has this changed...
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    CCFC Finances...

    The paper trail stops when you get to the Cayman Islands. The telegraph reported ARVO were part of the SISU group on 5th May. The info was quoted from TF. Must be true then...
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    One for OSB and any legal buffs.

    The administrator has had 8 weeks to investigate. He has come up with more questions than answers. He doesn't know where the assets are, nor where the golden share is. He now expects to take bids for the company based on this (lack of) information. The only people that can realistically bid...
  12. S

    Paul Appleton (without prejudice)

    Not sure I would trust anyone to empty the bins. I'd do that myself. Remember Fred the shred at RBS...;)
  13. S

    Paul Appleton (without prejudice)

    Re the minutes - fair point. However, there are or should be safeguards. Notes are always taken during a meeting. The chair will often point out what needs to be recorded to the note taker. The minutes from a previous meeting are normally sent out prior to the next meeting taking place...
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    Paul Appleton (without prejudice)

    First thing I would do is go to the filing cabinet. Take out the contracts between the club and players. Who are they between? Who signed them? They then have to be submitted to the FA/FL. In whose name were these transfers submitted - CCFC Ltd or Holdings? They are legally binding...
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    CCFC Finances...

    The £8.8 million is money that appears to have somehow been repaid. It doesn't add up. In one part of the accounts (the cashflow) we can see they have injected £38.5 million in loans since taking over. Yet on the Balance sheet, they are only owed £29.7 million. So, £8.8 million has been...
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    Paul Appleton (without prejudice)

    I haven't had access to anything like the records Appleton has had. Ive been able to find solid evidence that leads to some questions that should have been asked of Sisu by the administrator. The accounts show that CCFC Ltd have acted like a football club, taking match receipts, paying players...
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    CCFC Finances...

    Ive been doing further work on how the historical losses have been calculated in Sky Blue Sports and Leisure Ltd. As always its not straight forward and asks questions about the governance of both the club and auditors. The second part of two... http://wp.me/p3tgbp-1f My take on the...
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    Paul Appleton (without prejudice)

    The company in administration is CCFC Ltd. If you look at their accounts, the took match day receipts, paid the players and manager, bought and sold players and acted like a football club. Holdings didn't do any of these things. How difficult is it to look at players contracts and see who...
  19. S

    GOLDEN SHARE - where for art thow ??

    The golden share is with CCFC Ltd. All the income from match day receipts, payments for the players and management wages, profits from sale of players, the value of the players as assets all are in CCFC Ltd accounts. None of that lot appears anywhere in CCFC Holdings. The FL have gingerly...
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    Some questions the Administrator wil have to address

    At £340 per hour, I could be tempted to move very very slowly indeed...;)
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