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I think the FL have a lot to answer. How can they have regulations that are not clear in determining where the golden share is? It shouldn't be possible to move it around. Moving it between companies should result in immediate exclusion from the league. Their rules should have been written...

OSB is spot on with his points that need to be addressed. Here's my take on it all if you are interested. Its a disgrace that the administrator has so far revealed nothing of any value for £160K worth of work. With a little help from his solicitor for another £140K. Myself and OSB do this...

I imagine the board ensures 'that shareholders are treated fairly' when they are the shareholders...

I think it will be held somewhere close to where Tim thinks the City fans live. Somewhere like Walsall. Or maybe Northampton?

Imagine if you daughter runs up 10 grands worth of debt on a credit card, living beyond her means. She eventually tells you, so you speak to Visa and arrange to pay off 2 grand as a final offer, telling them it that or nothing. They agree, some is better than nothing. You then borrow the...

Absolutely. Im happy to put contributions on the blog. The aim is to build a solid archive. Feel free to PM me if anyone has ideas.

OSB did a bit of proof reading and offered suggestions before I posted it up. A true gent! Not allowed on holiday yet! Good point about the remortgage. Slipped under the radar! Im trying to find the time to finish off the part about the current situation...

Absolutely, should be straight forward. I wanted to try and see if its possible to confirm how much of that debt was invested as cash. It was a post on one of the other threads that took me off in that direction. For some reason there was scepticism as to what SISU had actually put in ;)

Hello all Ive been working on the next instalment that has just gone up on the blog, this time trying to get to the bottom of how much cash SISU have actually invested in the club. In my opinion, not anywhere near the £60 million claimed in the High Court which confirms evidence put forward...

Have a look here... Have tried to get to the bottom of how much SISU have invested. Part one of two. http://aprisonofmeasuredtime.wordpress.com/2013/05/09/think-ill-buy-me-a-football-team/

Thank you - way too kind! I've been thinking of ways to attempt to work out the current figures. The problem is that even if you have hard evidence its still difficult to work out whats going on. The key question is how much of the debt that is owing to SISU from the companies was...

Ive had a look into that and they renegotiated with the major creditors (likely to be Robinson) and reduced the debt from SISU then injected just under £10million via SBSL Ltd in the three months after the takeover. The overall debt has increased to around £30 million. I will try and see...

Cheers Sub - took a lot longer to put together than I thought it would. At some point i'm going to try and edit it down... The aim was to expose SISU's debt claims to be false, and the bits of feedback I've had has been positive so far!

CCFC Ltd and CCFC Holdings both trade as companies with multiple transactions. What SISU release to the press isn't backed up in the financial reports that have been submitted. CCFC Ltd isn't just a holding company. I've just published a piece about the companies on my blog that debunks what...

Hello! Ive been working on a piece looking at the finances of SISU and CCFC. We constantly hear about £60 million worth of debt that that hangs over the club. Its taken me a while but Ive just put my first post up on my blog that suggests the real figure is closer to £33 million when you...

Where do you get the info on the admin fee charges from? Im trying to dissect the accounts at the moment and haven't come across anything like that...

Actually, just noticed that the part about combined secretaries is dated 1 Jan 1995, so ignore the previous posts...

Thinking about it - if this is a change of shareholding, it should have been included in the last submitted accounts, as they were signed of in June 2012, AFTER these memorandum changes were agreed and signed off.

The one thing on there that looks odd to me is on page 9 - shares taken by Combined Nominees Ltd and Combined Secretarial Services Ltd. Ive never seen these names on any of the financial reports before now. CCFC Holdings owned 100% of CCFC Ltd according to the last submitted accounts in May...

I went down to the High Court for the hearing. There is NO way SISU are going to walk away from this. Their lawyer managed to apply so much spin that it looked as though ACL were acting unreasonably expecting the answers it requested about CCFC Ltd having no assets (as reported in the press)...