Where is he? (1 Viewer)

[Godiva]

Wouldn't it be fun if Hoffman suddenly turned up with investors in an attempt to buy the Higgs shares or even take over the entire ACL?
If Hoffman really want to take over the club, that would be an interesting first move.

 

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[wingy]

Wouldn't it be fun if Hoffman suddenly turned up with investors in an attempt to buy the Higgs shares or even take over the entire ACL?
If Hoffman really want to take over the club, that would be an interesting first move.

Wheres the Prince when you need him?

 

[TrueSkyBlueLiam]

So he promises to pay of our debts and give us £30 million to spend on new players, then he disappears. Why make those promises if you're not gonna back them up

 

[MayallMan]

Because the telegraph ruined the.deal.by revealing who the chinese invester(s) were, when they were asked not to

 

[DazzleTommyDazzle]

So he promises to pay of our debts and give us £30 million to spend on new players, then he disappears. Why make those promises if you're not gonna back them up

Promised to pay off all our debts and give £30 m for new players - think that's a figment of your imagination.

As I recall, the proposal that was talked about was £10m to buy out SISU (including all their loans), £10m to cover running costs and £10m for players.

 

[TrueSkyBlueLiam]

Well it said in the paper it was £30 million. Mind you, when does the telegraph ever tell us anything thats actually true?

 

[Otis]

Wouldn't it be fun if Hoffman suddenly turned up with investors in an attempt to buy the Higgs shares or even take over the entire ACL?
If Hoffman really want to take over the club, that would be an interesting first move.

Hoffman has been looking for investors who want to take over the club, not take over the club himself though.

 

[DazzleTommyDazzle]

Well it said in the paper it was £30 million. Mind you, when does the telegraph ever tell us anything thats actually true?

I'm not sure which article you're referring to but I'd guess that any £30m quoted would have been based on the sum of the three £10 millions noted above.

 

[valiant15]

Why should he or anyone pay over the odds to sisu when the club is worthless?

 

[wingy]

Why should he or anyone pay over the odds to sisu when the club is worthless?

I think Godiva's point is it would Trump Sisu and they'd have to accept whatever a liquidation value in ARVO would produce .I think some dreamt this

could possibly be a scenario at some point along the line ,the club reunited with the Stadium with what one would hope are coventry minded

people.Clean slate etc ,unfortunately the people he was courting have drifted away .

 

[Godiva]

Why should he or anyone pay over the odds to sisu when the club is worthless?

Exactly.

But if he (his investors) owned ACL, he could have the club pay the full rent or get a winding up petition issued.
Sisu would never be able to get their hands on the stadium and their mission here would have no purpose.
So all what is left is for Hoffman's investors would be buying out the ARVO charge for a little more than what the assets could be sold for.

Next summer would be a good timing.

 

[valiant15]

Get on the blower then godiva!

 

[valiant15]

I wish who i work for would buy us(tata).

 

[wingy]

So long as they're not going to end up in court like that Spiker guy at Portsmouth Valliant.

 

[Sick Boy]

Because the telegraph ruined the.deal.by revealing who the chinese invester(s) were, when they were asked not to

I thought that Trinity Media owned the CET?

 

[MayallMan]

I thought that Trinity Media owned the CET?

Possibly, whats that got to do with it? :thinking about:

 

[cloughie]

I think Godiva's point is it would Trump Sisu and they'd have to accept whatever a liquidation value in ARVO would produce .

As I understand there are investors waiting and waiting for sisu to bottom out and as said take what they can get.

Yet for sisu admin means more money than liquidation as it is a barttering tool with the investors, who they will be well aware of hovering. yes Liquidation means avro own what is left but admin means 10 points liquidation means nearer 10 leagues

So admin means a higher value exit for sisu ..............still.with tails between their legs

 

[Sick Boy]

Possibly, whats that got to do with it? :thinking about:

I am pretty certain that Hoffman is a Director of TM.

 

[Grendel]

Possibly, whats that got to do with it? :thinking about:

Hoffman is an non exec director at Trinity Media