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Rumour: Hoffman and Elliot takeover negotiations (1 Viewer)

  • Thread starter Evo1883
  • Start date Apr 9, 2017
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Nick

Administrator
  • May 14, 2017
  • #4,411
dubed said:
Clearly it would be mainly add-ons, as per the 10m bid. And before people start, yes it's an unsubstantiated rumour and could be bollocks. Comes from a good mate who's mate was supposedly out with Hoffman the other night. Don't hang me if it turns out to be bollocks, as I don't have a record of coming on here to take the piss.
Click to expand...
Bit misleading then, understand is a rumour.

Did they say what it was up front?
 

Grendel

Well-Known Member
  • May 14, 2017
  • #4,412
Nick said:
Bit misleading then, understand is a rumour.

Did they say what it was up front?
Click to expand...

A bag of crisps probably.
 
Reactions: robbiekeane
D

Deleted member 4439

Guest
  • May 14, 2017
  • #4,413
Nick said:
Bit misleading then, understand is a rumour.

Did they say what it was up front?
Click to expand...

Tbf, my response was poorly worded, I should have said 'presumably' rather than 'clearly'. I don't have any other details other than the size of the 'bid' and that Hoffman said he's confident that they will get ownership (not clear if by that was meant this bid or the longer run).
 

Liquid Gold

Well-Known Member
  • May 14, 2017
  • #4,414
1 million upfront, Ryton and then £20M if Burge and Bigi have a baby on mars within the next 6 months.
 
Reactions: Iancro, ccfcrob, Skyblueweeman and 1 other person
D

Deleted member 4439

Guest
  • May 14, 2017
  • #4,415
Liquid Gold said:
1 million upfront, Ryton and then £20M if Burge and Bigi have a baby on mars within the next 6 months.
Click to expand...

uncanny, were you on the same night out?
 
Reactions: Sky Blue Kid and wingy
D

Deleted member 5849

Guest
  • May 14, 2017
  • #4,416
italiahorse said:
I'm advised the deal includes leaving Ryton with Sisu and renting it back in the interim.
So it seems you may be right.
Click to expand...
You need to tell SISU to stop leaking you information
 
Reactions: torchomatic, Grendel and Nick

skybluealan

Well-Known Member
  • May 14, 2017
  • #4,417
Liquid Gold said:
1 million upfront, Ryton and then £20M if Burge and Bigi have a baby on mars within the next 6 months.
Click to expand...
bit sexist that, might be born on Venus, that's where all women are from
 

chiefdave

Well-Known Member
  • May 14, 2017
  • #4,418
italiahorse said:
I'm advised the deal includes leaving Ryton with Sisu and renting it back in the interim.
Click to expand...
Can't see SISU going for that. The value isn't in them keeping hold of it and renting it back to us. The value is in us moving out, which would meet the pitch provision requirement allowing SISU to sell the land for housing.

Besides which does anyone want a takeover that sees SISU still involved, especially as our landlord?

If we're going to let Ryton go then lets get it over and done with.
 
Reactions: Captain Dart, ccfc92 and Samo

letsallsingtogether

Well-Known Member
  • May 14, 2017
  • #4,419
torchomatic said:
No one.

View attachment 7462
Click to expand...
I know of at least one but hey.
speak no see no hear no.............
 

letsallsingtogether

Well-Known Member
  • May 14, 2017
  • #4,420
Grendel said:
Add ons aren't really a bid are they? It's a percentage on unlikely future earnings.
Click to expand...
Isn't that the risk with taking over or selling any business?
 

Sky Blue Kid

Well-Known Member
  • May 14, 2017
  • #4,421
dubed said:
Ok, so this is a mate of a mate rumour and could be bollocks but third bid is for 21m.
Click to expand...

"Incomingggggggg"
 
Reactions: Deleted member 4439 and oucho

oucho

Well-Known Member
  • May 14, 2017
  • #4,422
Sky Blue Kid said:
"Incomingggggggg"
Click to expand...

It's plausible, to be fair...provided the currency is Zimbabwe dollars or Weimar Reichsmarks
 
Reactions: Sky Blue Kid

ajsccfc

Well-Known Member
  • May 14, 2017
  • #4,423
letsallsingtogether said:
I know of at least one but hey.
speak no see no hear no.............
Click to expand...
Just name people who definitely exist first time instead of dropping 'some on here' and flirting with it forever.
 
Reactions: Skyblueweeman

letsallsingtogether

Well-Known Member
  • May 14, 2017
  • #4,424
ajsccfc said:
Just name people who definitely exist first time instead of dropping 'some on here' and flirting with it forever.
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Never been a flirt.
Ok maybe not many on here but there are your RFC and AndreasB then there is that Jonathan Strange and Les Reid who believe Sisu have invested 60 million and deserve it back.
Then there are the ones who are scared to say what they actually think and just Diss off everything that goes on when it is against Sisu.

Any one can say I hate sisu trouble is some don't mean it.
 
Reactions: cloughie, Speng, Captain Dart and 2 others

SkyBlue_Bear83

Well-Known Member
  • May 15, 2017
  • #4,425
chiefdave said:
Can't see SISU going for that. The value isn't in them keeping hold of it and renting it back to us. The value is in us moving out, which would meet the pitch provision requirement allowing SISU to sell the land for housing.

Besides which does anyone want a takeover that sees SISU still involved, especially as our landlord?

If we're going to let Ryton go then lets get it over and done with.
Click to expand...
Well he does say interim so it doesn't rule that out, maybe we just rent untill another training facility is ready to use in this scenario.
 
Reactions: covcity4life

covcity4life

Well-Known Member
  • May 15, 2017
  • #4,426
yeah interim could be just 1 year, i am sure GH would work on a training plan b in background.

also not the same thing but sisu sell players with add ons that may never come to fruition.

like i said i acknowledge its not same as a takeover but maybe they will give some thought to income coming in every few years after a sale.
 

Paul Jones

Well-Known Member
  • May 15, 2017
  • #4,427
So, was there a 3rd bid definitely? & has it definitely been rejected?
 
D

Deleted member 5849

Guest
  • May 15, 2017
  • #4,428
Paul Jones said:
So, was there a 3rd bid definitely? & has it definitely been rejected?
Click to expand...
Who knows?

Half this bloody message board, that's who...
 
Reactions: Pete in Portugal, Astute, chiefdave and 5 others

The Reverend Skyblue

Well-Known Member
  • May 15, 2017
  • #4,429
Does anyone have any ideas for when SISU do leave what the hell are we going to talk about.
I think Nick will shut down this site due to lack of activity
 

Nick

Administrator
  • May 15, 2017
  • #4,430
The Reverend Skyblue said:
Does anyone have any ideas for when SISU do leave what the hell are we going to talk about.
I think Nick will shut down this site due to lack of activity
Click to expand...

there will be 20,000 getting season tickets so plenty of football talk!
 
Reactions: Iancro, RegTheDonk, chiefdave and 1 other person

ohitsaidwalker king power

Well-Known Member
  • May 15, 2017
  • #4,431
Nick said:
there will be 20,000 getting season tickets so plenty of football talk!
Click to expand...
Bring it on...please!!!
 
Reactions: martcov and Nick

shmmeee

Well-Known Member
  • May 15, 2017
  • #4,432
Has there been any word of what Hoffman actually wants to do with us should he buy us? Investment? New ground? Sell us on to Red Bull?

Last time there was a bit of detail wasn't there, or was that Haskell? I lose track.
 

fernandopartridge

Well-Known Member
  • May 15, 2017
  • #4,433
The Reverend Skyblue said:
Does anyone have any ideas for when SISU do leave what the hell are we going to talk about.
I think Nick will shut down this site due to lack of activity
Click to expand...
It won't be long until the complaints about investment start again no matter who the owners are.

Sent from my D6603 using Tapatalk
 

MAFF

Well-Known Member
  • May 15, 2017
  • #4,434
dubed said:
Ok, so this is a mate of a mate rumour and could be bollocks but third bid is for 21m.
Click to expand...

£100,000 upfront and £20.9m if we win the Champions League within 5 years?
 
J

jjglory

Member
  • May 15, 2017
  • #4,435
Grendel said:
Add ons aren't really a bid are they? It's a percentage on unlikely future earnings.
Click to expand...
What the fuck are you on about?
 

ajsccfc

Well-Known Member
  • May 15, 2017
  • #4,436
Clauses that might not be cashed in aren't the same as upfront.
 

Nick

Administrator
  • May 15, 2017
  • #4,437
ajsccfc said:
Clauses that might not be cashed in aren't the same as upfront.
Click to expand...

Common sense really.
 

matesx

Well-Known Member
  • May 15, 2017
  • #4,438
jjglory said:
What the fuck are you on about?
Click to expand...

cant see alot wrong with G's statement
 

oldskyblue58

CCFC Finance Director
  • May 15, 2017
  • #4,439
The trouble with claiming this deal could be worth 20m or 21m is that it could just as easily turnout being worth just the £2m or so that is actually on the table in cash and current use value of Ryton. If players not sold in the time frame, CCFC not promoted to premiership or at all in the time frame, we don't win the Checkatrade, FA or League cup in the time frame then those elements are worthless.

It would not be unreasonable to say simply the deal is worth £2m with a potential for possible add ons. Probably a more accurate statement in truth

Just depends whose view point you see it from and the spin you put on it. Personally I see it as a bid with a potential to be worth £20m but the actual real worth is almost certainly nothing like that at nearer £2m. It only goes up from that for definite if Ryton is disposed of to ARVO at investment land development value - which brings other issues like replacement and tax in to play

Also a problem, you tell Seppala that a deal is worth £20m, she can turn round and say ok I accept your valuation but I want certainty and therefore more upfront. You then have to argue that it is worth less than that and talk the upfront payment she expects down. Her problem is still clearing ARVO I think, ARVO have a loan of £8m outstanding plus interest but the sum put in total is £16m plus interest. What has been leaked does not seem close to what I feel she will expect

Would be good to have some clarity as to what is or isn't going on sometime soon - yes I know we have no right to but strangely random fans seem to have some of the information somehow. That information should not be getting out at all except as an official statement. It all seems very confused, and I think the leaks to random fans point to weakness not strength. Do we know for certain what is being bid for, Otium or certain assets? I am no longer sure which it is after seeing some of the "informed " gossip
 
Last edited: May 15, 2017
Reactions: Godiva, covcity4life, ccfc92 and 5 others

Captain Dart

Well-Known Member
  • May 15, 2017
  • #4,440
Attractiveness depends very much on the likelihood of achieving add ons.
I think Joy will want a minimum of £10M guaranteed, I do not think Hoffman will offer that.
 

Nick

Administrator
  • May 15, 2017
  • #4,441
Captain Dart said:
Attractiveness depends very much on the likelihood of achieving add ons.
I think Joy will want a minimum of £10M guaranteed, I do not think Hoffman will offer that.
Click to expand...

Still depends what he is bidding on though.
 

Brylowes

Well-Known Member
  • May 15, 2017
  • #4,442
Haven't had time to read recent pages of thread, has a third bid been confirmed?
 

matesx

Well-Known Member
  • May 15, 2017
  • #4,443
Brylowes said:
Haven't had time to read recent pages of thread, has a third bid been confirmed?
Click to expand...

in a word... no
 
Reactions: Brylowes and ccfc92

Colin Steins Smile

Well-Known Member
  • May 15, 2017
  • #4,444
Does anyone know the rate of interest that Avro charge the club against the loan?
 

Esoterica

Well-Known Member
  • May 15, 2017
  • #4,445
fernandopartridge said:
It won't be long until the complaints about investment start again no matter who the owners are.

Sent from my D6603 using Tapatalk
Click to expand...
Agree with this. It's why it's so important to get out of this division within 2 seasons. Otherwise the euphoria of them being ousted will last a season and people will quickly realise that 4th division footy against teams and players they don't know is shit. It'll be a Gillingham to Yeovil effect except from one season to the next rather than one game.
 
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