skybluebeduff
Well-Known Member
Why's the interest gone from £1.37 to £2.45 mill year on year?
Why's the interest gone from £1.37 to £2.45 mill year on year?It was the interest accrued wasn't it? Otherwise it would have been a small profit.*
*As said when Fisher said about £1m profit being ebit anyway.
Why's the interest gone from £1.37 to £2.45 mill year on year?
What is minority interest? that stands at £7mill.
a significant share in a subsidiary company, owned by a party other than the holding company.
I don't understand the accounts if I'm honest , but if I'm reading it correctly the club are 12 million in debt to arvo , and overall 45 million to shareholders ?or is that incorrect
Essentially the debt that existed in CCFC was converted to shares so yeah.
It was said the same day there wouldn't be an actual profit on the books.
Again. So why bragg about it like it's a measurement of success? Unless he wants to look a c**t of course.
I can't remember the exact wording or the question put to him for him to say it to remember the context.
So unless they are willing to wipe that money off completely at some point , in reality the club is in a shit state
Not seen the accounts as yet.
Who are the interest payments to exactly?
Has interest actually been paid out?
You know it hasn't. Why dance around with the stupid question.
IIRC it was used by TF as an example of how they're turning around the club that they're about to oversee a second relegation with. Dave Johnson also had to challenge him that it was EBIT and TF made no mention of it being swallowed up by losses so being an irrelevant point in the first place. Surprised you don't remember that.
I'm by no means qualified to understand all that report but with income due to collapse with our immenant relegation the future looks incredibly bleak for the club and for SISU and it's Associated companies.
They will have to fund the club somehow through what maybe many seasons in league two or beyond.
If I was them I'd get out now before the shit really hits the fan and they lose many more millions they clearly haven't got.
The Fisher and Seppala fuckup over the stadium is going to cost them untold millions, and they deserve everything they get from now on in.
Has interest actually been paid out?
If CCFC did pay interest that would mean SISU getting money from the club as that who most of the debt is owed to, given your stance about ticket money going to SISU would this mean you no longer attend home games?
Where have I said I'd never go if any money went to SISU?
If no interest was paid, will you be correcting everybody who mentions NOPM and boycotts?
The NOPM crowd see the club and SISU as intertwined and any money given to CCFC ends up with SISU. You claim to see them as totally different enterprises, and your season ticket money is for the benefit of CCFC solely. Neither can really be proven.
Though it seems your approach to anything off the field that you do not like is to put your fingers in your here's and sing Tim Fishers Sky Blus Army.
I see my money as going to run CCFC yes, that can be proven can't it?
All I have ever asked for is somebody who is telling me that my ticket money goes to SISU to show me how it is. They make the statements, it is on them to prove it. "show me it doesnt" is not a valid argument. It isn't how it works.
Why am I putting my finger in my ears and singing anything about Tim Fisher? You know you are struggling when you try to pull the SISU lover card out.
Well if SISU are receiving interest payments then they are getting money from the club. Let's see if the accounts state that.
Venus isn't a Director of Sky Blue Sports & Leisure, Fisher & Deering are the Directors.Considering we don't don't have many directors and Tim doesn't take a salary the remaining ones seem to be doing ok at £215k no wonder Venus ain't shifting
That's like me saying my primary sex goal is Megan fox , but at this moment in time it's almost 100% unlikely to happen..Coventry City FC Chairman Tim Fisher said: "The football club is satisfied with the positive nature of the financial results; however, we are extremely concerned to be in the relegation zone at this point in the season. Irrespective of the size of the task ahead, League One status is the priority focus for the club."
Read more at NEWS: Coventry City FC and Sky Blue Sports and Leisure publish accounts for the year ended 31 May, 2016
ermmm have you seen the table Tim?
Venus isn't a Director of Sky Blue Sports & Leisure, Fisher & Deering are the Directors.
Venus and Fisher are Directors of Otium Entertainment (trading as CCFC), accounts to be published next week.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?