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  1. chiefdave

    Hoffman will pay £1 for the sky blues if agreed

    isn't the £10m just for 50% of ACL, in effect 50% of the lease. The council will still own the freehold and 50% of the lease. don't think what it cost is relevant really, what would it's market value be? would also be intresting to know how the market value would be hit if the club ceased to...
  2. chiefdave

    Clouting on CWR

    is this not the same situation we were in when SISU took over with the club having loans from GR and possibly others? You clearly know more about the finances than I do but to me it looks like GH is trying to do the same thing that SISU did and take on the debt with conditions (ie: only...
  3. chiefdave

    Hoffman will pay £1 for the sky blues if agreed

    they had someone from the Higgs Trust on who confirmed there was an option in place and noone had tried to exercise it. Can only be sold to the club, said something about someone could buy the Higgs half but the option would still be in place so the club would still have the right to exercise...
  4. chiefdave

    New rival bid?

    which is exactly the type of investor Brody said they were looking for on CWR a while back. I would guess they would be investors to partner with SISU rather than a potential takeover.
  5. chiefdave

    CET Hoffmans OFFICIAL Bid.

    think a lot of it is people guessing! quick question, if all the debts supposed to be with SISU what are the £13m of liabilities on top of what we owe them?
  6. chiefdave

    Investment and promotion

    being confident we'll make it through to the end of the season without going bust would be a good start for me!
  7. chiefdave

    CET Hoffmans OFFICIAL Bid.

    have to say if it's a case of having to belive Joe or SISU I know which side of that I would be on!
  8. chiefdave

    CET Hoffmans OFFICIAL Bid.

    Very useful post. If you're SISU at what point, from a business / investment point of view, do you just cut your losses and walk away? If noone is prepared to invest in them and no buyer will take on the level of debt outlined what are there options? Would I be correct in thinking that they...
  9. chiefdave

    CET Hoffmans OFFICIAL Bid.

    isn't that an old quote that's just been recycled?
  10. chiefdave

    CET Hoffmans OFFICIAL Bid.

    Don't for a minute believe SISU won't sell if the right offer comes in. I can see the sticking point being how much SISU want to walk away. Let's face it if you look at a business losing £500K a month with pretty much zero assets you're not going to want to pay out a lot of money but SISU will...
  11. chiefdave

    Joe Elliot Suspended from life president role.

    from a PR point of view this will be a disaster for SISU, I can't imagine anyone is going to side with them over Joe Elliot. I think this on top of the 2 resiginations last week indincate that the people who do know whats going on with the club and the finances are very worried which would...
  12. chiefdave

    Would you buy the club?

    I don't think you'd want to invest a heap of money without taking control / ownership. Putting £40m in to buy the ground isn't too much of a risk as you'd own an asset, although how much a football ground is worth without a team to play in it is debateable. You'd need around £6m to cover losses...
  13. chiefdave

    Consortium

    Say the owners of the Ricoh got given the club for free, assuming we're paying around £2m a year rent (which is a figure I've heard before and seems about right) we're still making a £4m a year loss. Why would anyone want to take that on with no real prospect of reaching break even unless the...
  14. chiefdave

    John Sillett testimonial

    it was against Spurs, don't remember Oggy playing up front but I do remember him trying to take it all the way down the pitch and score. Seem to remember they kept trying to cross the ball in for Houchen to do a diving header. Details are very hazy but there's was a ton of goals, ended up 8-7 or...
  15. chiefdave

    Deadline Day Tomorrow

    in many ways its a waste of time having the deadline. What happens if King comes back a week after the deadline and says he wants to sign, are they going to turn him away?
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