Breaking- New Consortium Bid

Discussion in 'Coventry City General Chat' started by Briles, Mar 20, 2019.

  1. Fergusons_Beard

    Fergusons_Beard Well-Known Member

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    Just what I was thinking! McGinnity stooge and he walked away from that rein somehow blame free.

    This ‘offer’ seems paltry at best and doesn’t feel me with confidence of club finance in the future.

    They’re giving away the clubs assets as a sweetener and I can’t where any future income would come from.

    Beware a wolf in sheep’s clothing ...


    Sent from my iPhone using Tapatalk Pro
     
  2. SBAndy

    SBAndy Well-Known Member

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    To be honest, this has all cranked up again because the general feeling was people would follow the club out of the city this time, hasn’t it.
     
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  3. shmmeee

    shmmeee Well-Known Member

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    There’s our current owners who have so far backed a very decent manager enough to make us competitive. Who also have no plans to sell.

    I’ve seen nothing from this consortium that suggests how we’d be self sustaining at the Ricoh.

    And that’s before you get into the morons involved. I hate Sisu and I’d rather have them than the Hoffman and Elliot clown show.
     
  4. shmmeee

    shmmeee Well-Known Member

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    This has all cranked up because the consortium think Sisu are in a bind. They are not.
     
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  5. shmmeee

    shmmeee Well-Known Member

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    I think you need to get off the internet for a bit.
     
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  6. Sky Blue Harry H

    Sky Blue Harry H Well-Known Member

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    The ''paltry' offer is an opening bid, is it not? As others have said, you cannot buy something that isn't necessarily for sale. Imagine if they'd offered 15m and it had been accepted, but then we had no money for players, had to sell everybody and got relegated. People would then have criticised them for bidding too high. It's just an attempt to get them to engage (whether futile or not). The die has been cast, let's see how it plays out, and let's hope we are all able to enjoy our club next season.
     
  7. Terry_dactyl

    Terry_dactyl Well-Known Member

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    And that’s all it is.
    I’m sure it’s been highlighted already...even if sisu were to sell today that wouldn’t stop them taking wasps/ccc to court.
    This is all about pressurising sisu to sell...fuck the club and us fans.
    It’s a poor show.
     
  8. Great_Expectations

    Great_Expectations Well-Known Member

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    Nothing but a PR piece intended to stoke up fans and turn the lense from CCC/Wasps back to SISU.

    Cannot wait for the hostile and distracting atmosphere on Saturday, when the focus should be on another massive game for us. Absolute naivety if people think negativity from the stands doesn’t impact the players, ‘they’re professional footballers’ is not an acceptable counter argument. They’re people just like us, being footballers doesn’t make them immune.

    It would be great if our local media, Trust or someone with connections with the club initiated some worthwhile investigation into this. One party is clearly lying; they either have proof of funds or they don’t.
     
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  9. Buster

    Buster Active Member

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    We need SISU out but somebody to come in and run it like SISU do ?
     
  10. Sky Blue Pete

    Sky Blue Pete Well-Known Member

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    Early goal would be helpful
     
  11. Grendel

    Grendel Well-Known Member

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    Strange how you've hiked your post count just lately
     
  12. SBAndy

    SBAndy Well-Known Member

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    Pretty much. SISU, for all their ills, seem to have us running relatively close to breakeven over the last 2-3 years and we are seeing some continuity and competitiveness on the pitch. Factor in their move towards future cuts of fees (Maddison, Wilson) and it means coaches get the chance to build something more long-term.
     
  13. Esoterica

    Esoterica Well-Known Member

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    In which case that's staggering naivity from the off by the consortium and yet many fans seem willing to accept them with open arms and think they are a suitable group to run the football club. Absolutely 0 lessons learned from when SISU took over.
     
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  14. Nick

    Nick Administrator

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    The Trust have chimed up, exactly the same "Hoffman will do a deal with Wasps and can save us" approach as predicted ;)

     
  15. Nick

    Nick Administrator

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    More irony.
     
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  16. Captain Dart

    Captain Dart Well-Known Member

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    I think more will than before but not enough to prevent the club running at a considerable loss. A groundshare situation will probably end up in relegation to League 2 again.
     
  17. mark82

    mark82 Moderator

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    If they had any intention of following up with better offers, I'm not sure they'd have gone public.
     
  18. mark82

    mark82 Moderator

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    Portsmouth were owned by fans, it's comparing apples and oranges. At the end of the day, unless the owner is desperate to sell, then the club is worth what they are happy to sell it for. Admittedly it would be helpful if they put some sort of price on it, but chances are they are seeing this offers as nothing more than a publicity stunt.
     
  19. Esoterica

    Esoterica Well-Known Member

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    We're so fucked. 2 Hedge Funds digging their heels in, a council who couldn't give a flying fuck, a consortium that consists of a bunch of charlatans who, despite being largely complicit in us being exactly where we are, have rebranded themselves as some kind of saviours and then our main fan group being anything other than objective because they've been given a reach around and a promise of 10% fan ownership or a seat on the board or whatever it is they've been offered by Hoffman that has made them sell their impartiality.
     
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  20. Joy Division

    Joy Division Well-Known Member

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    What's that based on? I don't know too much about the personal background of Hoffman other than being a City fan and being from a financial background.
     
  21. Nick

    Nick Administrator

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    Joe Elliott on Talksport!



    Nothing to do with publicity though.

    [​IMG]
     
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  22. SkyBlueDom26

    SkyBlueDom26 Well-Known Member

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    Hopefully he calls Danny Murphy a twat too
     
  23. BigadamL

    BigadamL Active Member

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    timing is everything and they have got it wrong, not because is distracts the players but maybe they need to wait till the court hearing that appears to never going to happen
     
  24. BigadamL

    BigadamL Active Member

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    wheres that bloke who said he was going to strangle Joy!!! get him on talksport
     
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  25. Nick

    Nick Administrator

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    It is timed to co-incide with the Trust things today. Duggins has already been saying how they should sell to Hoffman in the Telegraph.
     
  26. BigadamL

    BigadamL Active Member

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    nice of Duggins to turn up, thought he had gone all Anne Franke
     
  27. clint van damme

    clint van damme Well-Known Member

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    Correct, only with a plan that includes knowing where we are playing for more than a few months at a time.
     
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  28. olderskyblue

    olderskyblue Well-Known Member

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    You don't agree then?

    I can think of a few others that you should be saying that to my friend, rather than me.
     
  29. chiefdave

    chiefdave Well-Known Member

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    It's their 5th bid. The last four have been said by SISU to not be credible and this one appears to have been treated the same.

    The 4th bid was said to be worth £20m but it turned out that was mostly promises of payments based on the clubs future success. According to an interview given with the Telegraph by one of the consortium members around the time of the 4th bid also included allowing SISU to "Have Ryton, it’s worth about £6million to £8million, so have that if that’s going to make the deal worth it".

    Looking at that is it any surprise a bid of "more than £7m", which implies its not much more or why use that figure, has been dismissed?

    Interesting the interview contained no details of how Ryton would be replaced and that meeting the ongoing costs of the club would require crowds of "15,000 - 20,000".
     
  30. chiefdave

    chiefdave Well-Known Member

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    Odd they can get that out so quickly yet when they are asked to make statements against other sides involved they are too busy. How much more evidence does there need to be that they are all up to their necks in this alongside Hoffman and his crew?

    Comparing the bid to the Portsmouth sale is absolute nonsense and just undermines any point they are trying to raise. Yes Portsmouth have a ground however the ground is land locked and there is a restriction meaning the land can only be used for football, making it worthless to developers. They also don't have a training ground, they were training in the local park but since the 'fans' takeover they moved to the local Roko. CCFC meanwhile have a training ground valued at £6-8m.

    And of course the biggest difference is Portsmouth and owners who wanted and needed to sell, we don't.
     
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  31. chiefdave

    chiefdave Well-Known Member

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    Odd that he seems to have missed that the protest is supposed to also be against the council and Wasps. Sure someone from the Trust will put him right on that.
     
  32. Skyblueweeman

    Skyblueweeman Well-Known Member

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    To be fair, Pompey train at a uni facility on the outskirts of Southampton. Or at least they did relatively recently.
     
  33. stay_up_skyblues

    stay_up_skyblues Active Member

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    A member of the consortium due on....
     
  34. Nick

    Nick Administrator

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    Yeah, Joe Elliott!
     
  35. chiefdave

    chiefdave Well-Known Member

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    Could have changed, been 3 years since I moved out of the city but still the same point applies.
     

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