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SISU may well accept an offer of £1 for the shares - it's the offer for the loans that is the problem. The business plan is working if it is based on cost reduction and getting the club to live within its means. Cash deficit should now be down to what a sale of eg Clingan or Juke would bring...

Jep - the show continues. Will be interesting if Hoffmans improved formal bid next week will get him back to the table.

Should a buy out happen I think the actual price for the shares will be £1. That is not the problem. It's the conditions on taking over the loans that will eventually be the stumbling block. If SISU were to leave the loans in the hands of new owners they would instantly demand a realistic...

You need to understand that SISU is simply managers of the funds that are setup to own ccfc and the other companies in our family. SISU are making their money from handling these funds - they have not invested themselves. So any financial results in ccfc are not reflected in SISU's books and...

A principal investor is NOT the same as a group chairman. The principal investor will be the one who puts in the majority of the money. Clearly it was neither of the guys at the meeting.

Yet it represent a complete lack of understanding of formal procedures.

SISU don't need to be present at those meetings. The board are appointed to take care of things - if the board receives an offer they think will benefit the club they are obliged to take it to the investors. However - the board are right to ask Hoffmans PRINCIPAL investor to be present, or at...

I have been reading the official statement and compared it with Nick's 'transcript' of the JE interview. Official: "We were therefore surprised and disappointed to learn that no principal investors were present and there is still no transparency as to their identity. JE: The group chairman...

Do you know with any certaincy there is no money for loan players? I think there is, but it takes time to make it happen for various reasons. I guess we will draft in 2 or three after the shop window closes. Hopefully before the first game after the international break.

Yes, if nothing else a NDA is the first real serious step. Mind you, it may not lead to anything anyway.

That's usual practice.

I am not having this negativity either - not one bit. So as I was desperately grasping for anything to cheer me up I realised that the last time we were in the relegation zone after three games, we actually ended up 8th. Oh and one more thing - in that season (05/06) we actually hammered Watford...

I don't think there's even a remote chance of getting a fans/board meeting and frankly I don't see the point. The board would in any case be in no position to reveal anything we don't already know - or anticipate. Hoffman was probably chuffed winning the fans over in round 1, but a full scale...

I can't wait for AFCCOVENTRY's conclusion on the stuff he has digged up.

So true. The really sad thing is all the protest and SISU out campaigning won't actually hurt the real investors - they are faceless and unknown in all this. SISU may be hurt on their pride, but they will not really lose other than that. But let's say we had a full blown protest with TV...

I would much rather sign him on "don't play as we pay".

Please understand that SISU themselves have not invested i our club. They are operating funds with money from other rich people. Those funds have been setup to own the club. If the club needs more money SISU will have to ask the investors in the funds if they are prepared to caugh up. And they...

Not quite, but we did have Andrew Wingh and a younger Isac Osborne ... oh and Ben Turner made his debut. It was the season we drafted in old man Wise to save us. I think he was on a free transfer (so this season has all the ingredients to duplicate 05/06).

We haven't tried that before, but they say there's a first time for everything :D. Anyway - after three games back in season 2005/06 we were third from bottom. That season we ended up in 8th place.

It looks like someone have heard all the complaints from the fans that our youngsters never seem to get a sniff in. Lats season Turner and Cameron broke through. This year seems Christie and Bigimama are doing it. If they're good enough they're old enogh.