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This is not a distressed potential sale of a company in administration, it is still classed as a going concern. So there should be no implied discount to values for a distressed sale. The bid is for the assets as they are less football creditors. So questions........... If the squad is worth...

It is an asset value deal that is being proposed. Can the business be profitable yes, (look at Walsall,) but it relies on there being no debt or interest burden for the new owners/club. No one is suggesting individual sales of assets. The bid is assets less football creditors. The SISU position...

How about changing the direction we look at this. Look at what SISU/ARVO might be asking for. This is not going to be a sophisticated model, it is basically guesswork and for that reason don't get hung up on the values I put in. It is more about guessing the reasoning from the SISU side...

I would guess something between 8 to 10 million and they would go if it was in one upfront payment. But I wouldn't think there would be anyone keen to do that because it wouldn't represent any asset value. You would be paying them a hefty premium for then to go dressed up as goodwill. Unless...

First off the £3+ guessitimate is actually a net figure because it represents assets less football creditors. Paying or taking responsibility for the creditors is a benefit in the deal too I would think no one is going to offer them £8m straight out, as for the rolled up interest I wouldn't pay...

but build in other finance costs to replace it Nick

I would think that SISU would look to clear the ARVO capital of £8m as a minimum. I would think Hoffman has to offer the value of the assets less football creditors up front to get them interested- a pure guess is upwards of £3m down payment - and then sweeten it with annual payments &...

The Professor has used complicated and accepted formulas to arrive at a value for OEG today based largely on future operating profits. The sheets summarise his workings. On that basis he got to his estimate of £1.1m as the today's value of owning OEG It is not what Hoffman is seeking to buy. He...

and the wife keeps telling me I cant multitask ....... pah! ;)

ok a couple of caveats first and I will be as brief as I can put 50 accountants, valuers & professors in a room ask them to value CCFC and you can reasonably expect many even 50 different answers and many more differences in assumptions - none would be incorrect maybe none could provide the...

new bar likely has tables that sink lower and lower the longer you stay there..............

Nothing new or helpful. We have heard it several times before. Would be interesting to see what he & JS actually define as mistakes, and which they take personal or any responsibility for. As has been said many times before actions & commitment not lame words in repetition

I learnt of this story at the match on Saturday and was told it originated from someone employed at the club. It didn't originate from the CT or SG. The CT is not wrong in putting the rumour to bed is it? The headline is designed to peak interest and get you talking............... Think we are...

wouldn't have thought this appointment will be a priority and these things do take time to find the right person (mug) He or she will act as someone for Seppala & Fisher to hide behind and will have no real power in any case the appointment doesn't really change anything

or bad when compared to the "£70m investment" at the other end of the reporting spectrum......... neither comparison being helpful, useful, factual or correct

you would think so Nick...... but on the other hand if you don't ask you don't get as they say

What Hoffman is doing is not bidding for either company. He is picking and choosing the assets & liabilities he takes on. He doesn't want any of the ARVO debt or the preference shares in Otium and the £28m is isolated in SBS&L a company he has no interest in acquiring at all. Out of choice he...

not suggesting it, its what Hoffman has said he was bidding for the assets less football liabilities. Obviously as explained in previous thread it is not what SISU are looking for as you point out. Hence why there looks to be a big gap between the parties. I do not see the current structure of...

There were 55788 ordinary shares with a nominal value of 25p each and included in the accounts at 13947 according to the 2007 annual return filed at company house. Each share carried a vote Craigavon (Robinson entity) had 24290 shares (43.5%) Derek Higgs 8021 shares (14.3%) M McGinnity 8021...

Structures are here Sky Blue Trust - CCFC Company and Group Structures Otium which trades as CCFC owe ARVO 12.4 in loans and interest. In addition to the ownership ordinary voting shares there are preference shares issued in Otium totalling 65m which are owned by ARVO 15m and SBS& L 50m (in...