An Interesting Theory

Last updated : 19 December 2007 By Covsupport
With Ray Ranson maintaining a dignified silence and not publically meeting shareholders and supporters to discuss his plans for the takeover,many rumours and theories are doing the rounds.

So as part of our remit of encouraging healthy debate amongst the Sky Blue support, here is one theory that we thought would provide an interesting talking point.

"That getting ninety per cent of shareholders to hand their shares over to Mr Ranson and his newly formed Sky Blue Sports & Leisure Ltd company and knowing that the other ten per cent of the shareholders are either deceased or untraceable, would remove a huge chunk of possible creditors.

CCFC Holdings Ltd, which had reported losses of £38m, could then be placed in administration, something SISU have a reputation for doing to companies after acquiring them.

This would wipe out the debts and then Sky Blue Sports And Leisure could then buy the club off an administrator for possibly a few pounds and have virtually a clean sheet and full control to start afresh."