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Will Gary Hoffman... (10 Viewers)

  • Thread starter CCFC54321
  • Start date Oct 14, 2018
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Greggs

Well-Known Member
  • Oct 14, 2018
  • #71
Nick said:
It could be Katie Hopkins, Piers Morgan and Donald Trump. Unless they are putting money in they aren't investing.

My daughter could have £50 in birthday money and I say she can buy something for £40. That's not me investing or buying it as it isn't me giving her the money.
Click to expand...
No, it's Sisu. So they chose to let more of the money from their business account to be invested in the team?
 

Nick

Administrator
  • Oct 14, 2018
  • #72
Greggs said:
But why would you want to invest your own money, if the company you're running is generating it by itself?
Click to expand...

I didn't say they would, I said they hadn't.
 

Nick

Administrator
  • Oct 14, 2018
  • #73
Greggs said:
No, it's Sisu. So they chose to let more of the money from their business account to be invested in the team?
Click to expand...

So you think the transfer fees go into SISU's account rather than the club's?
 

Greggs

Well-Known Member
  • Oct 14, 2018
  • #74
Nick said:
It could be Katie Hopkins, Piers Morgan and Donald Trump. Unless they are putting money in they aren't investing.

My daughter could have £50 in birthday money and I say she can buy something for £40. That's not me investing or buying it as it isn't me giving her the money.
Click to expand...
Well what if, rather then spend it on a liability, she spent it on an asset that improved in value? If she then sold that asset for £100, she'd be a good business woman. Then if she invested that £100 in something, then sold it for £200??? If she spent that £200 on a new tv, she wouldnt be investing, she'd be wasting money on a liabilty that will never increase in value. But if she copied them same model that was making her money, it'd be investing.
 

Greggs

Well-Known Member
  • Oct 14, 2018
  • #75
Nick said:
I didn't say they would, I said they hadn't.
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Isn't covering losses investing too though? I'll answer as i know it is.
 

Nick

Administrator
  • Oct 14, 2018
  • #76
Greggs said:
Isn't covering losses investing too though? I'll answer as i know it is.
Click to expand...

Yes, if they have put money in to pay bills the club couldn't.
 

Greggs

Well-Known Member
  • Oct 14, 2018
  • #77
Nick said:
So you think the transfer fees go into SISU's account rather than the club's?
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No. i'm saying that they decide how much gets spent!
 

Nick

Administrator
  • Oct 14, 2018
  • #78
Greggs said:
Well what if, rather then spend it on a liability, she spent it on an asset that improved in value? If she then sold that asset for £100, she'd be a good business woman. Then if she invested that £100 in something, then sold it for £200??? If she spent that £200 on a new tv, she wouldnt be investing, she'd be wasting money on a liabilty that will never increase in value. But if she copied them same model that was making her money, it'd be investing.
Click to expand...

Yes, it would be her investing. Not me as I didn't give her any money.
 

Grendel

Well-Known Member
  • Oct 14, 2018
  • #79
Colin Steins Smile said:
SISU are running the club on a cost neutral basis to the parent company with no external funding from another cost centre. Assuming we agree that there are no hidden charges, etc
Click to expand...

They’ve already had to find funding twice since that statement was made
 

Greggs

Well-Known Member
  • Oct 14, 2018
  • #80
Nick said:
Yes, it would be her investing. Not me as I didn't give her any money.
Click to expand...
You gave her £50 for her birthday i thought? King Contradict here
 

Colin Steins Smile

Well-Known Member
  • Oct 14, 2018
  • #81
Grendel said:
They’ve already had to find funding twice since that statement was made
Click to expand...
My understanding was that any injection of funds was on a temporary basis and repaid in full, unless of course you know differently?
 

Nick

Administrator
  • Oct 14, 2018
  • #82
Greggs said:
You gave her £50 for her birthday i thought? King Contradict here
Click to expand...

No, just birthday money in general. Where did I say I gave her the money? I even said I didn't give her the money.

It isn't a contradiction, the only contradiction is to say they have invested to then say the club didn't need investment.
 

Greggs

Well-Known Member
  • Oct 14, 2018
  • #83
Nick said:
Yes, it would be her investing. Not me as I didn't give her any money.
Click to expand...
Game over
 

Nick

Administrator
  • Oct 14, 2018
  • #84
Greggs said:
Game over
Click to expand...

You have just quoted me saying I didn't give her any money?

Make up your mind.
 
D

Deleted member 5849

Guest
  • Oct 14, 2018
  • #85
Captain Dart said:
I don't believe Wasps will decide anything about a new ground deal till the prospect of court action is withdrawn, do you?
Click to expand...
They did this time around.

It'll be same old, same old. Lots of bluster before a year deal is put in place.
 
Reactions: Nick

Nick

Administrator
  • Oct 14, 2018
  • #86
Deleted member 5849 said:
They did this time around.

It'll be same old, same old. Lots of bluster before a year deal is put in place.
Click to expand...

The battle will be how much will be paid for the deal.
 

Greggs

Well-Known Member
  • Oct 14, 2018
  • #87
Nick said:
You have just quoted me saying I didn't give her any money?

Make up your mind.
Click to expand...
You miss the point. Whoever gave your daughter the money, invested £50 doing so, whether it you, your wife or your milkman.
 

Greggs

Well-Known Member
  • Oct 14, 2018
  • #88
Nick said:
You have just quoted me saying I didn't give her any money?

Make up your mind.
Click to expand...
or did they grow from magic beans again?
 

Nick

Administrator
  • Oct 14, 2018
  • #89
Greggs said:
You miss the point. Whoever gave your daughter the money, invested £50 doing so, whether it you, your wife or your milkman.
Click to expand...

No, I understand the point fully, It brings us back to it not being SISU who gave the club money (investing). The club generated it itself by selling players.
 

Nick

Administrator
  • Oct 14, 2018
  • #90
Greggs said:
or did they grow from magic beans again?
Click to expand...

I do like how you try to be sarcastic when you keep going round in circles.

Nobody has ever mentioned magic beans apart from you.
 

Greggs

Well-Known Member
  • Oct 14, 2018
  • #91
Nick said:
No, I understand the point fully, It brings us back to it not being SISU who gave the club money (investing). The club generated it itself by selling players.
Click to expand...
But where did the intiail money come from whilst the club wasnt running at a profit?
 

Greggs

Well-Known Member
  • Oct 14, 2018
  • #92
Nick said:
I do like how you try to be sarcastic when you keep going round in circles.

Nobody has ever mentioned magic beans apart from you.
Click to expand...
Because you seem to think that money comes for free! A minute ago, your daughter had £50 birthday money. But you cant explain where it came from?
 

Nick

Administrator
  • Oct 14, 2018
  • #93
Greggs said:
But where did the intiail money come from whilst the club wasnt running at a profit?
Click to expand...

Which wasn't this season, was it? Again going back to the original point.
 

Nick

Administrator
  • Oct 14, 2018
  • #94
Greggs said:
Because you seem to think that money comes for free! A minute ago, your daughter had £50 birthday money. But you cant explain where it came from?
Click to expand...

Birthday money kind of does come for free if you wanted to be picky.

I said it wasn't from me but I allowed her to spend some of it on something. That isn't me giving her any money or "investing". If I gave her the money to go and buy something it would be me investing.

It's really quite simple.
 

Greggs

Well-Known Member
  • Oct 14, 2018
  • #95
Nick said:
Birthday money kind of does come for free if you wanted to be picky.

I said it wasn't from me but I allowed her to spend some of it on something. That isn't me giving her any money or "investing". If I gave her the money to go and buy something it would be me investing.

It's really quite simple.
Click to expand...
I took your analogy as father/daughter sisu/ccfc. My bad if i misunderstood
 

mmttww

Well-Known Member
  • Oct 14, 2018
  • #96
Hoffman recently became Chairman of Coventry Building Society. Don't see him sticking that out and going through a messy process to acquire the club.
 

Nick

Administrator
  • Oct 14, 2018
  • #97
Greggs said:
But why

I took your analogy as father/daughter sisu/ccfc. My bad if i misunderstood
Click to expand...

But why what?

It's really straight forward, if SISU have put money into the club this season to buy players then they have invested in the team this season.
 

Greggs

Well-Known Member
  • Oct 14, 2018
  • #98
Greggs said:
I took your analogy as father/daughter sisu/ccfc. My bad if i misunderstood
Click to expand...
But you deciding if she spends it in a way which will make her money, then that is you investing.
 

Greggs

Well-Known Member
  • Oct 14, 2018
  • #99
Nick said:
But why what?

It's really straight forward, if SISU have put money into the club this season to buy players then they have invested in the team this season.
Click to expand...
'but why' was an error
 

Nick

Administrator
  • Oct 14, 2018
  • #100
Greggs said:
But you deciding if she spends it in a way which will make her money, then that is you investing.
Click to expand...

So you think Joy and Dermot are scouting players now?

Robins has said it since he has come in, the more money the club brings in the more he gets to spend. Whether it is players going or people through the gates to watch.
 

Greggs

Well-Known Member
  • Oct 14, 2018
  • #101
Nick said:
But why what?

It's really straight forward, if SISU have put money into the club this season to buy players then they have invested in the team this season.
Click to expand...
If Sisu control the budget, they have..
 

Nick

Administrator
  • Oct 14, 2018
  • #102
Greggs said:
If Sisu control the budget, they have..
Click to expand...

They haven't.

Money going from SISU's bank to CCFC's bank is them putting money in....

It's really that straight forward.
 

Greggs

Well-Known Member
  • Oct 14, 2018
  • #103
Nick said:
So you think Joy and Dermot are scouting players now?

Robins has said it since he has come in, the more money the club brings in the more he gets to spend. Whether it is players going or people through the gates to watch.
Click to expand...
No, they are just allowing the finances to make it possible
 

Greggs

Well-Known Member
  • Oct 14, 2018
  • #104
Nick said:
They haven't.

Money going from SISU's bank to CCFC's bank is them putting money in....

It's really that straight forward.
Click to expand...
Who decides how much money we can spend each year?
 

Nick

Administrator
  • Oct 14, 2018
  • #105
Greggs said:
No, they are just allowing the finances to make it possible
Click to expand...

No, selling players and promotion brought in the finances to make it possible.

If they were investing, they would be handing money over from SISU to CCFC to go and buy players.

It is really simple to understand.
 
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