Chelsea interest in Callum Wilson (2 Viewers)

oldskyblue58 · Jan 18, 2019

Sky_Blue_Dreamer said:
I agree entirely on what I'd offer for the club were I in a position to do so. I'd only be willing to take on the third party creditors and debt. The point is would SISU accept that? We've seen from previous offers no they won't and increasingly the amount they are owed is down to interest on the money they put in originally rather than actual capital.

Happens all the time with owners selling up and saying how philanthropic they are by waiving x amount of what they're owed when in fact most of it is actually interest on the money they've put in and they're still getting back more than their investment + inflation.

Of course the only reason they can do this is because the funding is related to the owners - were it not the club isn't a going concern, or even solvent. And therein lies the danger that at any point they could, if they so chose, call it in and put us out of business immediately. It's highly unlikely to happen as it wouldn't be in their best interests but the risk is there.

Apologies to everyone else for hijacking the thread.

You have to think like a hedge fund owner not a football club owner

They havent accepted offers so far because of the court action which if successful could be a large settlement. The interest is just a paper figure. There will be no philanthropy about it. No one will buy into the debt they have created so the interest due is irrelevant to any deal a new owner might do and SISU know that

In any other sector the company is insolvent. We dont know what the best interests of SISU are. It might be the tax advantages of losing the capital, the interest and the shares out weigh any deal they can get. Around 17m outstanding to ARVO now plus £65m of preference shares that is a lot of tax breaks just coming out of Otium let alone other losses they have or could manufacture

Captain Dart · Jan 18, 2019

Yeah agreed I think they will bug out when the ARVO investment can be shown to be in profit.

NB ARVO is what happened from 2011 on. Prior to that monies were invested badly (by Ongye & Ranson) and subsequently written off.

shmmeee · Jan 18, 2019

Nick said:
Because it's different every year, we get a promotion and a day at Wembley and we need less from player sales. We have a good cup run and we generate more.

People are choosing to ignore facts to rant. Even when facts are presented to them.

People are confused because there are people trying to purposely confuse and mislead them. They hear third hand propaganda that sisu take all the money and that's that.

There's been years of people going to the press to push things, "Boycott so SISU don't get your money". It's intentional. It's the same as years ago there were people on a Live Footy Programme calling for Administration, everybody then thought that.

You have the media giving oxygen to people like "PSB Group" and "Jimmy Hill Way". People listen to it and take things as fact, they then tell their mates.

There was a bloke in the gym I used to go to who believed everything hook, line and sinker. His mate told him it, who had heard it from people like that.

I get that people can be stupid, believe me. I’m just saying that part of what it takes for conspiracy to take off is lack of transparency.

I get that the club doesn’t want to put a dollar figure out each year. I’m talking about the contradictory message that’s always come from the club. That combined with the secrecy of the hedge fund allows rumour to grow.

I genuinely think fans would react positively if they communicated where we are roughly at regular intervals (especially leading up to transfer windows). Ultimately the funding of the club is opaque enough that any advantage gained in the transfer market is outweighed by unrest among the fans at a crucial time. Just a hint like “we might need to sell” or “we are sustainable this year on current projections” would go a long way and hardly give away anything significant to transfer deal partners.

Sky_Blue_Dreamer · Jan 18, 2019

oldskyblue58 said:
You have to think like a hedge fund owner not a football club owner

They havent accepted offers so far because of the court action which if successful could be a large settlement. The interest is just a paper figure. There will be no philanthropy about it. No one will buy into the debt they have created so the interest due is irrelevant to any deal a new owner might do and SISU know that

That's what I'm saying - it's not philanthropic in any way but when they leave they always make it clear they've 'written off' £x of their own investment to help the club, when in reality they've not written off any of their investment and have actually made a profit. All they've usually written off is this paper figure of interest.

I agree about them persevering largely due to the legal action as they could get a sizeable amount of money if they won, as well as potentially getting what must now be a few million in legal fees.

Nick · Jan 18, 2019

shmmeee said:
I get that people can be stupid, believe me. I’m just saying that part of what it takes for conspiracy to take off is lack of transparency.

I get that the club doesn’t want to put a dollar figure out each year. I’m talking about the contradictory message that’s always come from the club. That combined with the secrecy of the hedge fund allows rumour to grow.

I genuinely think fans would react positively if they communicated where we are roughly at regular intervals (especially leading up to transfer windows). Ultimately the funding of the club is opaque enough that any advantage gained in the transfer market is outweighed by unrest among the fans at a crucial time. Just a hint like “we might need to sell” or “we are sustainable this year on current projections” would go a long way and hardly give away anything significant to transfer deal partners.

How many football clubs do that though? It's not something specific to us.

shmmeee · Jan 18, 2019

Nick said:
How many football clubs do that though? It's not something specific to us.

A fair few Id say.

How many switch their story every five minutes from “we’re secure for years” to “we’re about to go bust”? And how many are owned ultimately by mystery people with mystery amounts of cash?

JimmyHillsbeard · Jan 19, 2019

So Zola’s “we’re really interested in buying a player who’s due to play against us in a cup game on a couple of days” statement turned out to be smoke and mirrors.

Almost as if they were trying to destabilise the opposition prior to a game? Surely not.

CCFCSteve · Jan 20, 2019

Just saw the highlights on MOTD. Played well, his all round game has come along and a real goal threat (appreciate not against the best defence in the league)

It’s been said before but genuinely chuffed for him after his injury woes ! Making the best of his ability and good luck to him (come on Chelsea get an offer in that’s too good to refuse !!!)

Terry_dactyl · Jan 20, 2019

CCFCSteve said:
Just saw the highlights on MOTD. Played well, his all round game has come along and a real goal threat (appreciate not against the best defence in the league)

It’s been said before but genuinely chuffed for him after his injury woes ! Making the best of his ability and good luck to him (come on Chelsea get an offer in that’s too good to refuse !!!)

I think West Ham might be more likely now...especially after showing them what he can do yesterday!

Terry_dactyl · Jan 20, 2019

Terry_dactyl said:
I think West Ham might be more likely now...especially after showing them what he can do yesterday!

Having said this I watched arsenal v Chelsea yesterday. Chelsea need a striker.

I_Saw_Shaw_Score · Jan 20, 2019

Terry_dactyl said:
I think West Ham might be more likely now...especially after showing them what he can do yesterday!

He always seems to score v them!

better days · Jan 20, 2019

CCFCSteve said:
Just saw the highlights on MOTD. Played well, his all round game has come along and a real goal threat (appreciate not against the best defence in the league)

It’s been said before but genuinely chuffed for him after his injury woes ! Making the best of his ability and good luck to him (come on Chelsea get an offer in that’s too good to refuse !!!)

Worry is the lad went off late in the game with a knee injury
Really hope it's nothing serious, he's had more than he share of bad luck

Terry_dactyl · Jan 20, 2019

I_Saw_Shaw_Score said:
He always seems to score v them!

That’s got be worth £75mil of their owners money right there!

Limey · Jan 20, 2019

better days said:
Worry is the lad went off late in the game with a knee injury
Really hope it's nothing serious, he's had more than he share of bad luck

Convinced he's gone or at least in negotiations with someone...subbed at any sign of injury, Howes interview etc.

Bournemouth will cash in. Type of player to keep them up but 50m(+) is a lot of money for one player...

Grendel · Jan 20, 2019

This one act could save the club

Sky Blue Pete · Jan 20, 2019

Grendel said:
This one act could save the club

For a year or so

junglej13 · Jan 20, 2019

better days said:
Worry is the lad went off late in the game with a knee injury
Really hope it's nothing serious, he's had more than he share of bad luck

Not sure if it is Eddie Howe just trying to scare bids off with this latest injury talk.

robbiekeane · Jan 20, 2019

Sky Blue Pete said:
For a year or so

Probably about 5 years

richnrg · Jan 21, 2019

junglej13 said:
Not sure if it is Eddie Howe just trying to scare bids off with this latest injury talk.

I was at the game, and Wilson did indeed pick a knee injury whilst shooting with his left foot. Did the 'I need to go off' hand gesture straight away, but didn't appear to be in too much pain. Fingers crossed.

skybluetony176 · Jan 21, 2019

robbiekeane said:
Probably about 5 years

Depends if the “not real debt” all of a sudden becomes real debt or not.

stevefloyd · Jan 21, 2019

Maybe it was a slight twinge on the knee and thought I had better get off before I scupper a deal

Wiseoldfool · Jan 21, 2019

stevefloyd said:
Maybe it was a slight twinge on the knee and thought I had better get off before I scupper a deal

Lets hope the deal gets done before he plays again then

robbiekeane · Jan 21, 2019

skybluetony176 said:
Depends if the “not real debt” all of a sudden becomes real debt or not.

Ah yes so of course we should all include the possibility something that hasn’t happened before could suddenly happen in our wild speculations

SkyBlueCRJ · Jan 25, 2019

West Ham spending nearly £45M on a striker from Celta Vigo. I'm guessing they enquired about Wilson but were told a flat no. Perhaps Bournemouth were playing hard ball after all.

Magwitch · Jan 25, 2019

Funny clubs spend fortunes on untried in premiership players opposed to provern ones despite what Howe says I’m certain he’d accept a hard 50ish million quid offer for Wilson.

MatthewWallis · Jan 25, 2019

Magwitch said:
Funny clubs spend fortunes on untried in premiership players opposed to provern ones despite what Howe says I’m certain he’d accept a hard 50ish million quid offer for Wilson.

Yeah but tbf this player West Ham want has a decent goals to game ratio albeit in a different league and is only 22. Compare that to potentially 50m for a nearly 27 year old with 2 bad knee injuries and only this season has got double figures in the top league in his country.

Limey · Jan 25, 2019

Looking unlikely now. Balls.
Think that was his peak transfer price in the Jan window.

Covstu · Jan 25, 2019

Yep he will never get close to that value again. Twats Bournemouth!

Limey · Jan 25, 2019

Strikes me as a £15m Everton signing in the summer.
I bet player and club were looking for move. Prime time.

better days · Jan 26, 2019

JamesCCFC said:
West Ham spending nearly £45M on a striker from Celta Vigo. I'm guessing they enquired about Wilson but were told a flat no. Perhaps Bournemouth were playing hard ball after all.

West Ham have made several bids for Wilson over recent seasons
The answer has always been he's not for sale
Then the speculation starts as to what price would represent an offer Bournemouth couldn't refuse
If Wilson himself isn't pushing for a move it's unlikely anything will happen
The club has a decent owner and isn't in money trouble. They just paid £12m for a defender from Brentford

Chelsea interest in Callum Wilson (2 Viewers)

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