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Rumour: Hoffman and Elliot takeover negotiations (4 Viewers)

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

Well-Known Member
  • Apr 20, 2017
  • #2,101
Liquid Gold said:
BREAKING NEWS

Consortium come back with an offer of several hundred millions


View attachment 7211
Click to expand...

I'd swap tudgay with a just a quarter of those mate
 

Nick

Administrator
  • Apr 20, 2017
  • #2,102
CCFC_Charlie said:
What he means is "Please keep clicking on the 40 Twitters links we've posted in the few hours since this story broke. Stay tuned for later when I reveal the exclusive news that an American consortium may be interested in buying an English sports team. Could it be CCFC?!"
Click to expand...
Pretty obvious isn't it.
 

Nick

Administrator
  • Apr 20, 2017
  • #2,103
italiahorse said:
Ever placed dominoes in a line and then knocked the first one down?
Click to expand...
When does the season ticket boycott unless accepting start?
 

singers_pore

Well-Known Member
  • Apr 20, 2017
  • #2,104
A bid of 500K is frankly stupid. I understand that the first bid will be a lowball but it's not even in the ballpark.

When SISU took over they paid 8m to settle outstanding debts owing to outside creditors. The club currently does not have significant outside creditors and it is now in L2 rather than the Championship. Therefore, the club is probably "worth" somewhere around 4-5m. ("Worth" based on option value rather than assets in place.)

Hoffman apparently turned down 500K as his golden goodbye when he left Northern Rock so he's obviously not short of a few bob. I think they should have offered around 2m as an opening bid (with proof of funds) just to show they were serious. 500K is laughable.
 

singers_pore

Well-Known Member
  • Apr 20, 2017
  • #2,105
Nick said:
When does the season ticket boycott unless accepting start?
Click to expand...

Is that one on your list of protest ideas that you won't support or condone? Prat.
 
Reactions: Brylowes

skybluebeduff

Well-Known Member
  • Apr 20, 2017
  • #2,106
singers_pore said:
A bid of 500K is frankly stupid. I understand that the first bid will be a lowball but it's not even in the ballpark.

When SISU took over they paid 8m to settle outstanding debts owing to outside creditors. The club currently does not have significant outside creditors and it is now in L2 rather than the Championship. Therefore, the club is probably "worth" somewhere around 4-5m. ("Worth" based on option value rather than assets in place.)

Hoffman apparently turned down 500K as his golden goodbye when he left Northern Rock so he's obviously not short of a few bob. I think they should have offered around 2m as an opening bid (with proof of funds) just to show they were serious. 500K is laughable.
Click to expand...
Do we know the details of the add ons?
 

skybluetony176

Well-Known Member
  • Apr 20, 2017
  • #2,107
Nick said:
I asked what about the debt, I didn't say anything about figures but said about it not just being about the offer figure but what happens with that.

You are getting slowly into sbk territory again.
Click to expand...

You said it in reply to a post that said "for something worth £0".

The debt is worthless. Anyone who takes it on and pays SISU for it is doing SISU a favour they don't necessarily need to be doing.



Like I said. How much debt did SISU settle in real terms when they bought the club for a quid? Seems they'd already be best part of half a million quid up and they got a lot more for their money than whoever ends up taking it of their hands will.

The only thing that would need settling is any deal for Ryton against the charges on it. But who's to say Ryton was even part of the bid? I'll guess we might learn more in the coming days. Possibly.

But on the surface of it I'm guessing you're gutted that the offer wasn't for a quid. You've probably had to rearrange some ducks because of that.
 

Great_Expectations

Well-Known Member
  • Apr 20, 2017
  • #2,108
So despite various press releases and another 14/15 pages we aren't really anything further forward?

The McGregor Kardashian stuff is an interesting development though.
 
Reactions: Skyblueweeman

Covstu

Well-Known Member
  • Apr 20, 2017
  • #2,109
Ian1779 said:
I guarantee a whole new raft of excuses that would put that number in jeopardy.
Click to expand...
Not paying for league two football
Unless I see real investment in the club I'm not going
I'm not paying 300 quid
Bradford pay 175 so I am not paying for a season ticket until we are the same
Wasps have promised me a little flag
 
Reactions: Astute, Skyblueweeman and Moff

KarmicChris

Well-Known Member
  • Apr 20, 2017
  • #2,110
Can't understand why you'd keep everything secret, if all this is true. They tried it before and were turned away and it all got blown over. 6 years later it looks like the exact same situation refusing to get any kind of hopes up.
 
Reactions: torchomatic

italiahorse

Well-Known Member
  • Apr 20, 2017
  • #2,111
Nick said:
When does the season ticket boycott unless accepting start?
Click to expand...
Just hold fire to give Sisu a bit of doubt.
If you pay now Sisu take your money with them.
 
Reactions: Harry Krishner

Nick

Administrator
  • Apr 20, 2017
  • #2,112
skybluetony176 said:
You said it in reply to a post that said "for something worth £0".

The debt is worthless. Anyone who takes it on and pays SISU for it is doing SISU a favour they don't necessarily need to be doing.



Like I said. How much debt did SISU settle in real terms when they bought the club for a quid? Seems they'd already be best part of half a million quid up and they got a lot more for their money than whoever ends up taking it of their hands will.

The only thing that would need settling is any deal for Ryton against the charges on it. But who's to say Ryton was even part of the bid? I'll guess we might learn more in the coming days. Possibly.

But on the surface of it I'm guessing you're gutted that the offer wasn't for a quid. You've probably had to rearrange some ducks because of that.
Click to expand...

Yes, because I was saying that needs to be taken into consideration with the offer.

I wasn't saying that they should get 100m based on what they say they have put in.

I've never said the offer would be for a quid either.

Again, it's sbk froth territory like you were last time Hoffman bid.
 

Nick

Administrator
  • Apr 20, 2017
  • #2,113
italiahorse said:
Just hold fire to give Sisu a bit of doubt.
If you pay now Sisu take your money with them.
Click to expand...
So if I buy a st the new owners won't honour it?

Can you explain more?
 

chiefdave

Well-Known Member
  • Apr 20, 2017
  • #2,114
italiahorse said:
The second one will give them something to think about.
Click to expand...
Has Hoffman typed x 30 on his calculator? Might have a chance if he has.
ccfcway said:
"I guarantee if we had new owners I guarantee 10000 season tickets would be sold without doubt"
Click to expand...
Do you reckon who ever posted that will financially guarantee those sales?
skybluebeduff said:
Do we know the details of the add ons?
Click to expand...
£250K for each promotion. So get to the PL and the total is £1.25m
 

italiahorse

Well-Known Member
  • Apr 20, 2017
  • #2,115
Nick said:
So if I buy a st the new owners won't honour it?
Click to expand...

They would be stupid not to honour it.
Depends where you want your money to go I guess.
 
Reactions: Sky Blue Dal and Brylowes

Nick

Administrator
  • Apr 20, 2017
  • #2,116
italiahorse said:
They would be stupid not to honour it.
Depends where you want your money to go I guess.
Click to expand...
Explain a bit more then....
 

italiahorse

Well-Known Member
  • Apr 20, 2017
  • #2,117
chiefdave said:
Has Hoffman typed x 30 on his calculator? Might have a chance if he has.

Do you reckon who ever posted that will financially guarantee those sales?

£250K for each promotion. So get to the PL and the total is £1.25m
Click to expand...

Stop knocking Sisu's excuses. Let them speak.
 

chiefdave

Well-Known Member
  • Apr 20, 2017
  • #2,118
italiahorse said:
Let them speak.
Click to expand...
Let who speak? I'd love to hear some details but seeing as you're the only person who claims to know anything and you refuse to say and the people actually involved won't even admit their own involvement we have to go on what little information we have.
 
Reactions: Skyblueweeman and Moff

italiahorse

Well-Known Member
  • Apr 20, 2017
  • #2,119
Nick said:
Explain a bit more then....
Click to expand...

If ownership was changing end of June when would you buy your ticket ?
 

Nick

Administrator
  • Apr 20, 2017
  • #2,120
italiahorse said:
If ownership was changing end of June when would you buy your ticket ?
Click to expand...
It depends if it was 100% certain doesn't it? Or I could just hold out and miss early bird..
 

Sterling Archer

Well-Known Member
  • Apr 20, 2017
  • #2,121
Just out of curiosity have SISU ever said or even hinted at what they would accept for the club?
 

italiahorse

Well-Known Member
  • Apr 20, 2017
  • #2,122
chiefdave said:
Let who speak? I'd love to hear some details but seeing as you're the only person who claims to know anything and you refuse to say and the people actually involved won't even admit their own involvement we have to go on what little information we have.
Click to expand...
At least be more positive.
 

Ian1779

Well-Known Member
  • Apr 20, 2017
  • #2,123
If the deal is that good it will stand up to scrutiny. Also it will ramp up the pressure that can be applied.

IMO 500K + add ons is not good enough at this point. We'd be pissed if we sold Stevenson for that.
 
Reactions: torchomatic and covcity4life

covcity4life

Well-Known Member
  • Apr 20, 2017
  • #2,124
500k plus add ons is a shit bid. A couple of million and maybe sisu will take it seriously
 
Reactions: singers_pore

italiahorse

Well-Known Member
  • Apr 20, 2017
  • #2,125
Nick said:
It depends if it was 100% certain doesn't it? Or I could just hold out and miss early bird..
Click to expand...
Good. Now your thinking !!
 
Reactions: Brylowes and cloughie

Nick

Administrator
  • Apr 20, 2017
  • #2,126
italiahorse said:
At least be more positive.
Click to expand...
People will be positive when it happens...
 
Reactions: Skyblueweeman and italiahorse

italiahorse

Well-Known Member
  • Apr 20, 2017
  • #2,127
Ian1779 said:
If the deal is that good it will stand up to scrutiny. Also it will ramp up the pressure that can be applied.

IMO 500K + add ons is not good enough at this point. We'd be pissed if we sold Stevenson for that.
Click to expand...

Forget the debt. What do you think we are worth ?
 

Nick

Administrator
  • Apr 20, 2017
  • #2,128
italiahorse said:
Good. Now your thinking !!
Click to expand...
Yes, I'm thinking I could hold out and end up paying more and lose my seat / row for nothing.

This is why saying more about the offer and what's going on will benefit Hoffman and get more onside.
 

chiefdave

Well-Known Member
  • Apr 20, 2017
  • #2,129
italiahorse said:
Forget the debt. What do you think we are worth ?
Click to expand...
Forget the debt? You'd have a shock when you took over for £1 and had to start servicing that debt you'd ignored.
 

Sterling Archer

Well-Known Member
  • Apr 20, 2017
  • #2,130
The thing is, none of us are even remotely qualified to make a fair assessment (an actual monetary value) on what we're worth as a football club.
 
Reactions: The Penguin, Brylowes, Skyblueweeman and 1 other person

letsallsingtogether

Well-Known Member
  • Apr 20, 2017
  • #2,131
Nick said:
So now you are saying others lie, after having a go at me saying it's lying?

Nice one, go and sit with SBK in the corner. Pencil crayons on order.
Click to expand...
where have I said they lied It is what is done in these deals.
Yet you still deflect the question I asked you why have a go and call one side liers but you egnore the others?
And you tell me to sit down with crayons
I have not had a go at ether side in this debate, it is how it is done.
 

skybluetony176

Well-Known Member
  • Apr 20, 2017
  • #2,132
Nick said:
Yes, because I was saying that needs to be taken into consideration with the offer.

I wasn't saying that they should get 100m based on what they say they have put in.

I've never said the offer would be for a quid either.

Again, it's sbk froth territory like you were last time Hoffman bid.
Click to expand...

So what do you think SISU should be paid for the debt that was largely created through their mismanagement of CCFC? You obviously feel it's worth something otherwise you wouldn't have brought it up in the first place. Do you feel they deserve more or less than they paid for the investment originally even though what's left of that original investment is considerably less valuable than what they started with?
 
Reactions: Brylowes

covcity4life

Well-Known Member
  • Apr 20, 2017
  • #2,133
Tbh @italiahorse knew a bid was going in and i didnt so i will listen to anything he says in future as there was truth to it albeit not as exciting good news as we expected.
 
Reactions: singers_pore, Sky Blue Dal, Brylowes and 2 others

Nick

Administrator
  • Apr 20, 2017
  • #2,134
letsallsingtogether said:
where have I said they lied It is what is done in these deals.
Yet you still deflect the question I asked you why have a go and call one side liers but you egnore the others?
And you tell me to sit down with crayons
I have not had a go at ether side in this debate, it is how it is done.
Click to expand...
So I've never said people like Fisher are full of shit and lie?

If somebody actively says it's not true knowing it is, it's a lie.

The same with saying there's a stadium.
 

italiahorse

Well-Known Member
  • Apr 20, 2017
  • #2,135
Nick said:
Yes, I'm thinking I could hold out and end up paying more and lose my seat / row for nothing.
Click to expand...
Don't buy it then until the last early bird day.
Sisu will be weighing up the odds as we speak..
 
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