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Rumour: Hoffman and Elliot takeover negotiations (2 Viewers)

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

Administrator
  • Apr 10, 2017
  • #246
SimonGilbert said:
8,902 at the time of writing.

Sent from my HTC One using Tapatalk
Click to expand...

Bit shit really then?
 

Grendel

Well-Known Member
  • Apr 10, 2017
  • #247
hill83 said:
You aren't like anywhere professionally pal. Here is no different. See you later you joker.
Click to expand...

I'd take it easy if I were you. Remember where he's from.
 
Reactions: skybluedan

hill83

Well-Known Member
  • Apr 10, 2017
  • #248
Grendel said:
I'd take it easy if I were you. Remember where he's from.
Click to expand...

Don't worry I'm from Hillfields.
 
Reactions: cloughie, skybluedan, oldfiver and 1 other person

Nick

Administrator
  • Apr 10, 2017
  • #249
SimonGilbert said:
Just popped on to say hello.

Starting to remember quickly why I left.

Sent from my HTC One using Tapatalk
Click to expand...

It's ok, you can make a video about it no doubt to try and get it viral.
 

chiefdave

Well-Known Member
  • Apr 10, 2017
  • #250
pipkin73 said:
Depends on who the other two business men are. Should have more money than the trust so more chance (but still think none)
Click to expand...
Wouldn't be surprised in the slightest if Hoffman and Elliot were involved in whatever plan the Trust have.
 

chiefdave

Well-Known Member
  • Apr 10, 2017
  • #251
italiahorse said:
.... and the bonds maintained there value which is the best indication of any issues.
Click to expand...
Lot of bonds being offloaded since the start of the year.
 

torchomatic

Well-Known Member
  • Apr 10, 2017
  • #252
SimonGilbert said:
8,902 at the time of writing.

Sent from my HTC One using Tapatalk
Click to expand...

Nice one. Trinity Mirror wouldn't be happy.
 

oldskyblue58

CCFC Finance Director
  • Apr 10, 2017
  • #253
theferret said:
Not sure I necessarily agree about Hoffman. He was hardly hands-on during his time on the board, and his appointment to it coincided with him taking the job on at Northern Rock - which was in a terrible state when he went there, so hardly a part-time undertaking. Not sure how much of a contribution he made to the 'mess' at CCFC before he had the sense to get out and distance himself from SISU. Elliott fair enough, nothing against him personally but I think he is too closely linked to failures of the past (from well before 2008).
Click to expand...

Then I would question why he was a director at all for 3 years. Unfortunately a board of directors has joint and several liability and someone being busy elsewhere does not excuse them from their responsibilities to CCFC. It is not an excuse that would stand up in court. By allowing others to take actions without his involvement is still making a contribution to the mess. If he could not fulfil his duties because of other commitments he should have resigned his directorship. Harsh I know but CCFC has carried far too many passengers on and off the pitch over the decades. Doesn't make him a bad person but CCFC problems require a fully committed Board of Directors going forward can he provide that commitment
 
Reactions: Bertola, Astute, ccfc92 and 4 others

oldskyblue58

CCFC Finance Director
  • Apr 10, 2017
  • #254
chiefdave said:
Wouldn't be surprised in the slightest if Hoffman and Elliot were involved in whatever plan the Trust have.
Click to expand...
I would be
 
D

Deleted member 5849

Guest
  • Apr 10, 2017
  • #255
So much has appeared...

duffer said:
It's an interesting point - not unfair except that as with all other businesses you can't solely focus on cutting costs, you've also got to measure how well the product is doing. I think for a football club that has to at least in part relate to league position, becuase that's ultimately going to relate to how much money you have coming in. At the moment of course, that metric appears to be on an endless downward trend!

You could make the case that now is actually the ideal time to sell. We're relegated, but we've got a good manager in place and the basis for a squad that looks like it might be competitive in League 2. Someone buying the club now could promise some relatively minor investment, capitalise on the goodwill post-Wembley and get season tickets sales rising for next season rather than falling. If we lose half of the squad over the summer, drop a couple of thousand on renewals and start poorly in L2, then we'll have slid a bit further down the cycle imho.
Click to expand...

Of course, SISU could also see that a trophy this season, followed by a promotion campaign next season helps them up the cycle. Not saying either is right or wrong but... there's certainly a logic for SISU to say sod it, let's hang around. Not like they've felt the need to leave yet, is it, and there's plenty of opportunity for them to scarper before!

hill83 said:
Fuck off Simon.

And I'm not trolling. I genuinely want you to fuck off.
Click to expand...

Bet he doesn't quote this in his next video feedback...

theferret said:
Not sure I necessarily agree about Hoffman. He was hardly hands-on during his time on the board, and his appointment to it coincided with him taking the job on at Northern Rock - which was in a terrible state when he went there, so hardly a part-time undertaking. Not sure how much of a contribution he made to the 'mess' at CCFC before he had the sense to get out and distance himself from SISU. Elliott fair enough, nothing against him personally but I think he is too closely linked to failures of the past (from well before 2008).
Click to expand...

My issue with Hoffman is twofold. Like it or not, he was here as soon as SISU rocked up. I remember somewhere there was a justification he didn't know what SISU were about. That, to me, is most worrying as all he had to do was read GMK at the time (and my posts ) and he'd have had a big red flag. I appreciate he doesn't work in exactly the same area of finance, but to hook up with them with no due diligence on his part is very worrying. As, also, was the rather naive courting of Preston Haskell, and the manipulative noise of free rent offers that turned out not to be. They all helped muddy the waters, at a time when we needed a path ahead, and certainly didn't help.

Now in his defence, he did at least quit the board when things properly started to unravel.

Isn't it slightly mad that we want any recent board members back, though? Personally I think Fisher could be half capable with different paymasters but tough, he's thrown his lot in with this bunch, so he's tarred by association. Same goes for Hoffman, and that period was anything but successful, too.

As OSB said, nowt stopping either using their contacts to try and find potential owners. They don't have to have anything to do with it themselves in terms of being involved at the club at board level going forward, do they?

Although given his past record, if Elliott endorses anybody, we should run for the hills and far far away from them!
 
T

theferret

Well-Known Member
  • Apr 10, 2017
  • #256
oldskyblue58 said:
Then I would question why he was a director at all for 3 years. Unfortunately a board of directors has joint and several liability and someone being busy elsewhere does not excuse them from their responsibilities to CCFC. It is not an excuse that would stand up in court. By allowing others to take actions without his involvement is still making a contribution to the mess. If he could not fulfil his duties because of other commitments he should have resigned his directorship. Harsh I know but CCFC has carried far too many passengers on and off the pitch over the decades. Doesn't make him a bad person but CCFC problems require a fully committed Board of Directors going forward can he provide that commitment
Click to expand...

Not disputing much of this, and clearly he was massively distracted during his time as a director. Quite possibly he should have resigned earlier; but that doesn't negate the fact he probably didn't have direct input and influence over the day to day running of the business. Not saying he is the right man, or indeed the wrong man, but I'd be willing to give him the benefit of the doubt if he came along with other investors and a coherent plan to take the club forward.
 
Reactions: Astute, wingy, duffer and 1 other person
D

Deleted member 5849

Guest
  • Apr 10, 2017
  • #257
oldskyblue58 said:
I would be
Click to expand...
That makes me far more pro a trust plan, then!

My concern in the past was always nice guys, committed to CCFC sure, but easily swayed. If that's not the case anymore, then count me in for whatever plan they have!
 

Nick

Administrator
  • Apr 10, 2017
  • #258
hill83 said:
Don't worry I'm from Hillfields.
Click to expand...
Deffo going to be in his next video.
 
Reactions: duffer and hill83

clint van damme

Well-Known Member
  • Apr 10, 2017
  • #259
riyadhskyblue said:
I know that Gary Hoffman has been following us home and away for decades, he is undeserving of such venom. He has tried his best to make the club better and has had some successes and some failures.
Joe Elliott is another who has his heart in the right place and has proven that over the decades.
These guys have put their heads above the parapet and are there to be shot at but those that criticize them for trying are the same people who suggest withholding support and do fuck all to improve the lot of the club they say they support.
Whether this succeeds or not I know that we will never have owners who have the love and best interests of the club at heart than these gentlemen.
Click to expand...

I understand peoples reservations but your last sentence alone sums up what an improvement these 2 would be on the current owners.
 
Reactions: NortonSkyBlue

MatthewWallis

Well-Known Member
  • Apr 10, 2017
  • #260
SimonGilbert said:
8,902 at the time of writing.

Sent from my HTC One using Tapatalk
Click to expand...

While you're on here Simon, next time you make a shit video can you not pay a girl to laugh at every comment. It's really annoying
 
Reactions: Skybluefaz, Skyblueweeman, stupot07 and 5 others

clint van damme

Well-Known Member
  • Apr 10, 2017
  • #261
SimonGilbert said:
The one hundreds of people were talking about, and being misled by, that we clarified?

Sent from my HTC One using Tapatalk
Click to expand...

to be fair you haven't clarified anything. You've received a denial from the named parties. I've no idea if there is or isn't anything going on behind the scenes but they weren't going to confirm just because something broke on social media.

Let's see how it plays out, but in all likelihood it probably is a fuss about nothing.
 
Reactions: Johnnythespider, ccfc92 and singers_pore
C

CCFC_Charlie

Well-Known Member
  • Apr 10, 2017
  • #262
Forget Gary Hoffman and Joe Elliott, is the ghost of Dion Dublin's dog going to get involved with the bid?!
 
Reactions: SkyBlueScottie, duffer, MAFF and 1 other person

olderskyblue

Well-Known Member
  • Apr 10, 2017
  • #263
MatthewWallis said:
While you're on here Simon, next time you make a shit video can you not pay a girl to laugh at every comment. It's really annoying
Click to expand...

If you listen closely to the laughing, you can tell she was pretending to laugh, but secretly agreeing with all the comments made... imho..
 
Reactions: duffer, torchomatic and Deleted member 5849

Nick

Administrator
  • Apr 10, 2017
  • #264
olderskyblue said:
If you listen closely to the laughing, you can tell she was pretending to laugh, but secretly agreeing with all the comments made... imho..
Click to expand...
Probably only half paying attention, other half was on lad bible for something to copy and paste.
 
Reactions: covcity4life
B

Broken Hearted Sky Blue

Well-Known Member
  • Apr 10, 2017
  • #265
Nick said:
About what? People licking their arses?
Click to expand...
You know full well what I meant.
 

Nick

Administrator
  • Apr 10, 2017
  • #266
Broken Hearted Sky Blue said:
You know full well what I meant.
Click to expand...
And you knew full well what I meant
 

Captain Dart

Well-Known Member
  • Apr 10, 2017
  • #267
ccfc92 said:
What's Hoffman's story? Wasn't he involved at Northern Rock or something?

Does he have a decent amount of money, or would external investors be needed if JE and Hoff took over the club?
Click to expand...
CEO of Hastings Insurance last time I checked.
 

NortonSkyBlue

Well-Known Member
  • Apr 10, 2017
  • #268
Deleted member 5849 said:
So much has appeared...



Of course, SISU could also see that a trophy this season, followed by a promotion campaign next season helps them up the cycle. Not saying either is right or wrong but... there's certainly a logic for SISU to say sod it, let's hang around. Not like they've felt the need to leave yet, is it, and there's plenty of opportunity for them to scarper before!



Bet he doesn't quote this in his next video feedback...



My issue with Hoffman is twofold. Like it or not, he was here as soon as SISU rocked up. I remember somewhere there was a justification he didn't know what SISU were about. That, to me, is most worrying as all he had to do was read GMK at the time (and my posts ) and he'd have had a big red flag. I appreciate he doesn't work in exactly the same area of finance, but to hook up with them with no due diligence on his part is very worrying. As, also, was the rather naive courting of Preston Haskell, and the manipulative noise of free rent offers that turned out not to be. They all helped muddy the waters, at a time when we needed a path ahead, and certainly didn't help.

Now in his defence, he did at least quit the board when things properly started to unravel.

Isn't it slightly mad that we want any recent board members back, though? Personally I think Fisher could be half capable with different paymasters but tough, he's thrown his lot in with this bunch, so he's tarred by association. Same goes for Hoffman, and that period was anything but successful, too.

As OSB said, nowt stopping either using their contacts to try and find potential owners. They don't have to have anything to do with it themselves in terms of being involved at the club at board level going forward, do they?

Although given his past record, if Elliott endorses anybody, we should run for the hills and far far away from them!
Click to expand...

When we were minutes from extinction Sisu rocked up and were seen as the solution at the time. Hindsight is a marvelous thing, like Slades appointment, we are all wise after the event.
Elliott is much maligned and once again I say by people who have done absolutely nothing for the club.
I have resigned myself to having to tolerate the current owners as I don't see them going anywhere but if we were to be taken over I would want it to be by someone who is a) super rich or b) with the best interests of my club at the center of their thinking and actions.
 
Reactions: Irish Sky Blue, Astute and robbiethemole
B

Broken Hearted Sky Blue

Well-Known Member
  • Apr 10, 2017
  • #269
chiefdave said:
Wouldn't be surprised in the slightest if Hoffman and Elliot were involved in whatever plan the Trust have.
Click to expand...
Err no
 

Captain Dart

Well-Known Member
  • Apr 10, 2017
  • #270
oldskyblue58 said:
Then I would question why he was a director at all for 3 years. Unfortunately a board of directors has joint and several liability and someone being busy elsewhere does not excuse them from their responsibilities to CCFC. It is not an excuse that would stand up in court. By allowing others to take actions without his involvement is still making a contribution to the mess. If he could not fulfil his duties because of other commitments he should have resigned his directorship. Harsh I know but CCFC has carried far too many passengers on and off the pitch over the decades. Doesn't make him a bad person but CCFC problems require a fully committed Board of Directors going forward can he provide that commitment
Click to expand...
Mark Venus is still registered as a Director of Otium, thought that appointment would have been terminated before now. Very odd.
 
D

Deleted member 5849

Guest
  • Apr 10, 2017
  • #271
riyadhskyblue said:
When we were minutes from extinction Sisu rocked up and were seen as the solution at the time. Hindsight is a marvelous thing, like Slades appointment, we are all wise after the event.
Click to expand...
Some of us were wise before the event too, but were shouted down at the altar of good business sense... the evidence was out there (a lot more than it is now) that could have predicted absolute carnage if their investment didn't come off.

Elliott's judgement is shocking, his ability to spot a person with the best interests of CCFC at heart has been proven to be flawed time and time and time again.

Fine, he cares... but so does everybody who posts on here, and most of us you wouldn't let near the CCFC boardroom.

Yet we've failed a damned site less than Elliott, in such a capacity.
 
D

Deleted member 5849

Guest
  • Apr 10, 2017
  • #272
Worth noting, btw, the 'minutes from extinction' was because the board and bank at the time wanted to create that impression, as it suited their aims (to claw as much cash back for themselves as possible) to position SISU as one and only choice.

They weren't.

The same as Elliott and Hoffman are not the only choice now.
 
D

dongonzalos

Well-Known Member
  • Apr 10, 2017
  • #273
SimonGilbert said:
The one hundreds of people were talking about, and being misled by, that we clarified?

Sent from my HTC One using Tapatalk
Click to expand...

Personally I am glad to see you back on here.
Please don't get dragged down into the mire of crap Nick, Grendel and a tiny minority of others will throw at you.
It always better to have people on here who may have connections with any party involved in this saga.
It was good when PWKH used to post quite openly and honestly on here.

It would be great to have Tim Fisher on here and Les Reid.

As I say childish crap will fly your way. It would be good if you can rise above it and stay on here so when stories like this break. We may find out some more about it.

Can never really work out why people want to cut of their nose to spite their face on here and hound out those who have decent contacts or a good insight on events
 
Reactions: Woz01, Irish Sky Blue, Iancro and 2 others

Colin Steins Smile

Well-Known Member
  • Apr 10, 2017
  • #274
Deleted member 5849 said:
So much has appeared...



Of course, SISU could also see that a trophy this season, followed by a promotion campaign next season helps them up the cycle. Not saying either is right or wrong but... there's certainly a logic for SISU to say sod it, let's hang around. Not like they've felt the need to leave yet, is it, and there's plenty of opportunity for them to scarper before!



Bet he doesn't quote this in his next video feedback...



My issue with Hoffman is twofold. Like it or not, he was here as soon as SISU rocked up. I remember somewhere there was a justification he didn't know what SISU were about. That, to me, is most worrying as all he had to do was read GMK at the time (and my posts ) and he'd have had a big red flag. I appreciate he doesn't work in exactly the same area of finance, but to hook up with them with no due diligence on his part is very worrying. As, also, was the rather naive courting of Preston Haskell, and the manipulative noise of free rent offers that turned out not to be. They all helped muddy the waters, at a time when we needed a path ahead, and certainly didn't help.

Now in his defence, he did at least quit the board when things properly started to unravel.

Isn't it slightly mad that we want any recent board members back, though? Personally I think Fisher could be half capable with different paymasters but tough, he's thrown his lot in with this bunch, so he's tarred by association. Same goes for Hoffman, and that period was anything but successful, too.

As OSB said, nowt stopping either using their contacts to try and find potential owners. They don't have to have anything to do with it themselves in terms of being involved at the club at board level going forward, do they?

Although given his past record, if Elliott endorses anybody, we should run for the hills and far far away from them!
Click to expand...
As previously stated this could be another thread which has no basis in fact.
However, if Hoffman & Elliott are involved in some sort of consortium to try and prise the club from Avro/Sisu's grasp, then given that they will, most likely, be speculating other peoples funds. Those putting up the series money in any project of theirs should check on:
a] time commitment they can provide, as OSB rightly pointed out, Hoffman previously took a Directors position when it looks like he unable to fulfil his Directors responsibilities. However, to his credit he withdrew when he saw the change of direction SISU were taking with the business plan.
b] Whether, Joe Elliott has a skill set and competence that is required at board level.
What is clear is the club needs to engage the community in a positive, constructive way, which encourages it's stakeholders & supporters.
 
Reactions: wingy and duffer

hutch1972

Well-Known Member
  • Apr 10, 2017
  • #275
Deleted member 5849 said:
Some of us were wise before the event too, but were shouted down at the altar of good business sense... the evidence was out there (a lot more than it is now) that could have predicted absolute carnage if their investment didn't come off.

Elliott's judgement is shocking, his ability to spot a person with the best interests of CCFC at heart has been proven to be flawed time and time and time again.

Fine, he cares... but so does everybody who posts on here, and most of us you wouldn't let near the CCFC boardroom.

Yet we've failed a damned site less than Elliott, in such a capacity.
Click to expand...
Still having the " minutes from extinction garbage " we may have been close to administration , but never close to winding up.
Had sisu not signed , we would have taken a points hit and eventually been bought by someone else.
 
Reactions: cloughie
D

Deleted member 5849

Guest
  • Apr 10, 2017
  • #276
dongonzalos said:
It was good when PWKH used to post quite openly and honestly on here.
Click to expand...
I was with you until the second half of this sentence
 
Reactions: stupot07 and Grendel

italiahorse

Well-Known Member
  • Apr 10, 2017
  • #277
hutch1972 said:
Still having the " minutes from extinction garbage " we may have been close to administration , but never close to winding up.
Had sisu not signed , we would have taken a points hit and eventually been bought by someone else.
Click to expand...
At the time Administration and the points deduction was our worst nightmare.
Looking back after taking the SBTalk finance course it was the best option.
 
Reactions: Skyblueweeman, Astute and duffer
O

oldfiver

Well-Known Member
  • Apr 10, 2017
  • #278
Broken Hearted Sky Blue said:
It was meant to be tongue in cheek. I agree there are probably going to be lots of these over the next few months.
Click to expand...

Then my deep apologies for the misunderstanding :happy:
But don't mention putting tongues in cheeks on here - some will get very excited :shamefullyembarrased:
 

olderskyblue

Well-Known Member
  • Apr 10, 2017
  • #279
dongonzalos said:
Can never really work out why people want to cut of their nose to spite their face on here and hound out those who have decent contacts or a good insight on events
Click to expand...

Because we've already got grendel... we don't need Simon too...
 
Reactions: Astute

hutch1972

Well-Known Member
  • Apr 10, 2017
  • #280
dongonzalos said:
Personally I am glad to see you back on here.
Please don't get dragged down into the mire of crap Nick, Grendel and a tiny minority of others will throw at you.
It always better to have people on here who may have connections with any party involved in this saga.
It was good when PWKH used to post quite openly and honestly on here.

It would be great to have Tim Fisher on here and Les Reid.

As I say childish crap will fly your way. It would be good if you can rise above it and stay on here so when stories like this break. We may find out some more about it.

Can never real work out why people want to cut of their nose to spite their face on here and hound out those who have decent contacts or a good insight on events
Click to expand...
But Don, that's the point , he doesn't know any more than us.
I would say that a few people on social media are more in the know ( so to speak)than he is.
Tbf though , the CET has been utter tosh for many years. If it completely dissappeared tomorrow I doubt many would miss it.
 
Reactions: cloughie, Johnnythespider and ccfchoi87
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