Tue Feb 02, 2016 10:38 pm
Tue Feb 02, 2016 10:56 pm
Wed Feb 03, 2016 2:15 am
ccfcsince62 wrote:Sven wrote:ccfcsince62 wrote:Double G wrote:March is when accounts are officially given in for everyone to see. maybe putting 2 + 2 together but sounds like thats what it is
The filing deadline for accounts of a private limited company is 9 months after the year end so , in CCFC`s case , by the end of this month. I expect to see them published before the final date for filing.
Interesting, Keith. I guess the 'big announcement' must be something else, then? Intriguing!![]()
I may have missed it, but did you post an opinion/assessment on yesterday's proceedings? I would be interested in your thoughts on the matter
My honest (and some may say overly blunt) opinion is that neither side to the argument came out of the settlement covered in glory. It has been a long episode like two little boys arguing in the school playground about who has got (rather than who is) the biggest dick.
The end result is that Sam Hammam has got a substantial payment against a debt that was rightly due to him/Langston but that the payment was less than he was claiming and he has incurred a big legal bill which he will not recover in reaching that settlement. On the other side , Vincent Tan has also run up big legal fees and ended up paying what appears to be most of the debt amount that appeared in the club`s books when this could have been done several months ago. All this nonsense about the non-disclosure of who Langston really is has been a waste of time and money just to try and appease the huge egos of two parties who have allowed those egos to override business common sense.
The only people who appear to have benefited from this are the lawyers by way of substantial fees. I don`t blame them for this - if someone instructs me to spend loads of my time using my professional knowledge (to the extent anyone thinks I have any !) no matter how strong or weak a case I think they have , then I am happy to do so provided I give them best advice at all times. If they wish to ignore that advice and carry on regardless , that is their choice.
Keith
Wed Feb 03, 2016 8:17 am
Sven wrote:ccfcsince62 wrote:Sven wrote:ccfcsince62 wrote:Double G wrote:March is when accounts are officially given in for everyone to see. maybe putting 2 + 2 together but sounds like thats what it is
The filing deadline for accounts of a private limited company is 9 months after the year end so , in CCFC`s case , by the end of this month. I expect to see them published before the final date for filing.
Interesting, Keith. I guess the 'big announcement' must be something else, then? Intriguing!![]()
I may have missed it, but did you post an opinion/assessment on yesterday's proceedings? I would be interested in your thoughts on the matter
My honest (and some may say overly blunt) opinion is that neither side to the argument came out of the settlement covered in glory. It has been a long episode like two little boys arguing in the school playground about who has got (rather than who is) the biggest dick.
The end result is that Sam Hammam has got a substantial payment against a debt that was rightly due to him/Langston but that the payment was less than he was claiming and he has incurred a big legal bill which he will not recover in reaching that settlement. On the other side , Vincent Tan has also run up big legal fees and ended up paying what appears to be most of the debt amount that appeared in the club`s books when this could have been done several months ago. All this nonsense about the non-disclosure of who Langston really is has been a waste of time and money just to try and appease the huge egos of two parties who have allowed those egos to override business common sense.
The only people who appear to have benefited from this are the lawyers by way of substantial fees. I don`t blame them for this - if someone instructs me to spend loads of my time using my professional knowledge (to the extent anyone thinks I have any !) no matter how strong or weak a case I think they have , then I am happy to do so provided I give them best advice at all times. If they wish to ignore that advice and carry on regardless , that is their choice.
Keith
Thank you, Keith![]()
I sincerely appreciate your refreshing honesty (as usual) and I cannot help but agree with your analogy that neither side have come out of this with any real credit and/or gain that could have been sorted some time ago![]()
With regard to the supposed "Big Announcement" in March, to my knowledge no one actually 'knows' what it might be, so we are (as usual) left to surmise. That being the case, I cannot see it being linked to 'Debt to Equity' as (if I remember previous comments correctly) it was stated that conditions weren't right as the club currently stands
Is that correct?
Wed Feb 03, 2016 9:03 am
troobloo3339 wrote:Sven wrote:ccfcsince62 wrote:Sven wrote:ccfcsince62 wrote:Double G wrote:March is when accounts are officially given in for everyone to see. maybe putting 2 + 2 together but sounds like thats what it is
The filing deadline for accounts of a private limited company is 9 months after the year end so , in CCFC`s case , by the end of this month. I expect to see them published before the final date for filing.
Interesting, Keith. I guess the 'big announcement' must be something else, then? Intriguing!![]()
I may have missed it, but did you post an opinion/assessment on yesterday's proceedings? I would be interested in your thoughts on the matter
My honest (and some may say overly blunt) opinion is that neither side to the argument came out of the settlement covered in glory. It has been a long episode like two little boys arguing in the school playground about who has got (rather than who is) the biggest dick.
The end result is that Sam Hammam has got a substantial payment against a debt that was rightly due to him/Langston but that the payment was less than he was claiming and he has incurred a big legal bill which he will not recover in reaching that settlement. On the other side , Vincent Tan has also run up big legal fees and ended up paying what appears to be most of the debt amount that appeared in the club`s books when this could have been done several months ago. All this nonsense about the non-disclosure of who Langston really is has been a waste of time and money just to try and appease the huge egos of two parties who have allowed those egos to override business common sense.
The only people who appear to have benefited from this are the lawyers by way of substantial fees. I don`t blame them for this - if someone instructs me to spend loads of my time using my professional knowledge (to the extent anyone thinks I have any !) no matter how strong or weak a case I think they have , then I am happy to do so provided I give them best advice at all times. If they wish to ignore that advice and carry on regardless , that is their choice.
Keith
Thank you, Keith![]()
I sincerely appreciate your refreshing honesty (as usual) and I cannot help but agree with your analogy that neither side have come out of this with any real credit and/or gain that could have been sorted some time ago![]()
With regard to the supposed "Big Announcement" in March, to my knowledge no one actually 'knows' what it might be, so we are (as usual) left to surmise. That being the case, I cannot see it being linked to 'Debt to Equity' as (if I remember previous comments correctly) it was stated that conditions weren't right as the club currently stands
Is that correct?
Sven
IMO debt to equity would be no good to us as a club if we are not on a solid self sufficient financial basis
Just look at Bolton
Thier owner just wrote off Thier alledged £185 million
But Thier still in the shit
Wed Feb 03, 2016 11:35 am
Wed Feb 03, 2016 4:49 pm
Wed Feb 03, 2016 7:24 pm
neck wrote:Cardiff City if promoted to the Premier League will make all season tickets free to current season ticket
Wed Feb 03, 2016 10:03 pm