Grendel
Well-Known Member
Or shall I have one last go?
Quite often a big company, like BT last week, have financial difficulties,like their share price collapse, caused by a hit taken by a subsidiary company, in that case abroad. Both that company and BT took the hit, bigger forBT because of damage to confidence in them. So, with a 50k fine both CCFC and it's owner take the hit in just the same way. One of Sisu's companies loses money, Sisu lose money and that affects their reputation, particularly when they are all about investing other people's money.
It doesn't effect the £36 million liability does it? It just means that £50k comes out of the playing budget of the club and not the investment portfolio.