INFO i was told tonight for OSB (2 Viewers)

[pipkin73]

Met a guy tonight, he was in the same Restaurant as me.
Was on his laptop most of the night till i talked him off it.

Said he worked for both the bookies and the guy's making the bets (punters but being foreign never knew that word) and so i got interested as i could not work out how you work for both. Surely, somewhere along the line a conflict of interests.

Anyway, he explained why to me NOT and he can work both sides. Still don't understand it all.

Anyway, as he mentioned he worked for hedge funds i brought up SISU. (He had never heard of them), he works normally UK and American market. I said SISU owned us and lost the plot. Had money for us, but when we never first got promoted they seemed to loose it. Anyway, long story short he said they were not a hedge fund and were venture capitalists by the sound of things. Explained the difference to me (still lost) but the main bit i could work out ment SISU could stay here for along time taking 1 or 2 million each season, but he would not say anything else without knowing the figures. He asked why we as fans have not tried to buy them out, (deny them money for 3 or more years) i told him they won't sell, we moved grounds and NOPM so they lost loads (he said if we had held out for 3ish years we would have won) (3 years seems his cycle).

His comment was that these people work in 3 years cycles, if we had held on for one more year we would have had them. But again without the figures was all a guess.

He had never heard of us, i told him about us in hope he knew someone. I explained everything as far as i know it, all i got back was 3 years minimum project and need papers to know/advise more.

His only advise before he left was could he see the books. (Here for 2 months and his laptop is his best friend, otherwise family get no holiday). Works with bookies and rich people BUT no football club owners. The debt never made him blink, (all part of a 3 year minimum plan in his words).

Don't know if i will see him again but OSB can you send me the accounts for the last 3 years so i can print them off incase i see him again. (Nick, you might have them from OSB?)

P.S. only 2 drinks had whilst with him, NOT drunk!!!!

 

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[MatthewWallis]

I'm definitely no expert on this, but after a quick google I'd say they are a definitely a Hedge Fund and most of this probably doesn't apply

 

[Pipehitterz]

Met a guy tonight, he was in the same Restaurant as me.
Was on his laptop most of the night till i talked him off it.

Said he worked for both the bookies and the guy's making the bets (punters but being foreign never knew that word) and so i got interested as i could not work out how you work for both. Surely, somewhere along the line a conflict of interests.

Anyway, he explained why to me NOT and he can work both sides. Still don't understand it all.

Anyway, as he mentioned he worked for hedge funds i brought up SISU. (He had never heard of them), he works normally UK and American market. I said SISU owned us and lost the plot. Had money for us, but when we never first got promoted they seemed to loose it. Anyway, long story short he said they were not a hedge fund and were venture capitalists by the sound of things. Explained the difference to me (still lost) but the main bit i could work out ment SISU could stay here for along time taking 1 or 2 million each season, but he would not say anything else without knowing the figures. He asked why we as fans have not tried to buy them out, (deny them money for 3 or more years) i told him they won't sell, we moved grounds and NOPM so they lost loads (he said if we had held out for 3ish years we would have won) (3 years seems his cycle).

His comment was that these people work in 3 years cycles, if we had held on for one more year we would have had them. But again without the figures was all a guess.

He had never heard of us, i told him about us in hope he knew someone. I explained everything as far as i know it, all i got back was 3 years minimum project and need papers to know/advise more.

His only advise before he left was could he see the books. (Here for 2 months and his laptop is his best friend, otherwise family get no holiday). Works with bookies and rich people BUT no football club owners. The debt never made him blink, (all part of a 3 year minimum plan in his words).

Don't know if i will see him again but OSB can you send me the accounts for the last 3 years so i can print them off incase i see him again. (Nick, you might have them from OSB?)

P.S. only 2 drinks had whilst with him, NOT drunk!!!!

how did that happen?

or was this the bite you were looking for?

 

[Deleted member 5849]

I'm definitely no expert on this, but after a quick google I'd say they are a definitely a Hedge Fund and most of this probably doesn't apply

The bit that owns CRFC is private equity.

Anyway we've had the arguments about denying cash or not before. I used to work with the likes of SISU, and have always been pretty confident denying them cash to force them out is a badly flawed approach.

Pretty sure mrtrench will have a different view... and so we go on.

 

[oldfiver]

http://finance.zacks.com/difference-between-hedge-fund-venture-capital-3075.html

 

[Wyken Sky Blue]

Met a guy tonight, he was in the same Restaurant as me.
Was on his laptop most of the night till i talked him off it.

Said he worked for both the bookies and the guy's making the bets (punters but being foreign never knew that word) and so i got interested as i could not work out how you work for both. Surely, somewhere along the line a conflict of interests.

Anyway, he explained why to me NOT and he can work both sides. Still don't understand it all.

Anyway, as he mentioned he worked for hedge funds i brought up SISU. (He had never heard of them), he works normally UK and American market. I said SISU owned us and lost the plot. Had money for us, but when we never first got promoted they seemed to loose it. Anyway, long story short he said they were not a hedge fund and were venture capitalists by the sound of things. Explained the difference to me (still lost) but the main bit i could work out ment SISU could stay here for along time taking 1 or 2 million each season, but he would not say anything else without knowing the figures. He asked why we as fans have not tried to buy them out, (deny them money for 3 or more years) i told him they won't sell, we moved grounds and NOPM so they lost loads (he said if we had held out for 3ish years we would have won) (3 years seems his cycle).

His comment was that these people work in 3 years cycles, if we had held on for one more year we would have had them. But again without the figures was all a guess.

He had never heard of us, i told him about us in hope he knew someone. I explained everything as far as i know it, all i got back was 3 years minimum project and need papers to know/advise more.

His only advise before he left was could he see the books. (Here for 2 months and his laptop is his best friend, otherwise family get no holiday). Works with bookies and rich people BUT no football club owners. The debt never made him blink, (all part of a 3 year minimum plan in his words).

Don't know if i will see him again but OSB can you send me the accounts for the last 3 years so i can print them off incase i see him again. (Nick, you might have them from OSB?)

P.S. only 2 drinks had whilst with him, NOT drunk!!!!

Go home, you're drunk.

Sent from my E5823 using Tapatalk

 

[Silence_Is_The_Enemy]

Withholding funds Come now let's not steal sisu's tactics

 

[Esoterica]

When you've printed off the accounts, will you be donning your overcoat and trilby and doing a briefcase swap at a designated park bench?

 

[Nick]

Surely if he was a finance expert he could have just used Google?

 

[mrtrench]

The bit that owns CRFC is private equity.

Anyway we've had the arguments about denying cash or not before. I used to work with the likes of SISU, and have always been pretty confident denying them cash to force them out is a badly flawed approach.

Pretty sure mrtrench will have a different view... and so we go on.

I do, but nobody knows do they? To the op, it reads to me that he's probably a broker. He will have no special knowledge or understanding above what's already available here with the mix of experience from several regulars.

 

[Steve.B50]

Met a guy tonight, he was in the same Restaurant as me.
Was on his laptop most of the night till i talked him off it.

Said he worked for both the bookies and the guy's making the bets (punters but being foreign never knew that word) and so i got interested as i could not work out how you work for both. Surely, somewhere along the line a conflict of interests.

Anyway, he explained why to me NOT and he can work both sides. Still don't understand it all.

Anyway, as he mentioned he worked for hedge funds i brought up SISU. (He had never heard of them), he works normally UK and American market. I said SISU owned us and lost the plot. Had money for us, but when we never first got promoted they seemed to loose it. Anyway, long story short he said they were not a hedge fund and were venture capitalists by the sound of things. Explained the difference to me (still lost) but the main bit i could work out ment SISU could stay here for along time taking 1 or 2 million each season, but he would not say anything else without knowing the figures. He asked why we as fans have not tried to buy them out, (deny them money for 3 or more years) i told him they won't sell, we moved grounds and NOPM so they lost loads (he said if we had held out for 3ish years we would have won) (3 years seems his cycle).

His comment was that these people work in 3 years cycles, if we had held on for one more year we would have had them. But again without the figures was all a guess.

He had never heard of us, i told him about us in hope he knew someone. I explained everything as far as i know it, all i got back was 3 years minimum project and need papers to know/advise more.

His only advise before he left was could he see the books. (Here for 2 months and his laptop is his best friend, otherwise family get no holiday). Works with bookies and rich people BUT no football club owners. The debt never made him blink, (all part of a 3 year minimum plan in his words).

Don't know if i will see him again but OSB can you send me the accounts for the last 3 years so i can print them off incase i see him again. (Nick, you might have them from OSB?)

P.S. only 2 drinks had whilst with him, NOT drunk!!!!

 

[Steve.B50]

What have you got to loose, a little bit of time?
I say no harm in looking at options

 

[italiahorse]

I'll go with the bit of just keeping us ticking over and taking £1 - £2 million for the pleasure of doing it.

 

[Captain Dart]

An interesting conversation with a smart cookie perhaps but I don't think he had enough to go on to provide much useful feedback.

 

[rupert_bear]

Apathy with SISU from fans is showing only 20000 for the opening 2 home matches on beautiful days weather wise tells me gates will tumble further. At the moment that's a loss of 2/3000 a result I believe of current recruitment policy.

 

[oldfiver]

I'll go with the bit of just keeping us ticking over and taking £1 - £2 million for the pleasure of doing it.

I thought even OSB has told you they are not taking anything from CCFC
Also he was referring to VC's taking out large fees not Hedge Funds

 

[oldfiver]

Apathy with SISU from fans is showing only 20000 for the opening 2 home matches on beautiful days weather wise tells me gates will tumble further. At the moment that's a loss of 2/3000 a result I believe of current recruitment policy.

I do not we can tell the effects of the recruitment policy until the end of this month, can we?

 

[rupert_bear]

Well the loss of those fans tell me they are pissed off for some reason, of course if we start turning in wins and climb the table some will return, unfortunately we have had a summer of uncertainty with the Acadamy issue, players leaving
and little recruitment fans as always vote with their feet

 

[AFCCOVENTRY]

Sisu Capital have not been performing very well financially over the last few years.

 

[Nick]

Well the loss of those fans tell me they are pissed off for some reason, of course if we start turning in wins and climb the table some will return, unfortunately we have had a summer of uncertainty with the Acadamy issue, players leaving
and little recruitment fans as always vote with their feet

What has that got to do with the thread though?

 

[rupert_bear]

What has that got to do with the thread though?

Was replying to old fiver, old pal

 

[Nick]

Was replying to old fiver, old pal

In reply to your random post about attendances?

 

[Deleted member 5849]

I do, but nobody knows do they? To the op, it reads to me that he's probably a broker. He will have no special knowledge or understanding above what's already available here with the mix of experience from several regulars.

Yup, at the end of the day we're talking psychological qualitative as much as quantitative here.

 

[pipkin73]

how did that happen?

or was this the bite you were looking for?

Not looking for a bite mate, all the above is true. Like i said, i could not understand half of what he said.

All he kept saying was 3 year plan and he would need to see the books. He is here for two months and doing his own work from here. If i give him the figures he will give me his opinion for free but not going out of his way to get them. I have to do the work. That's why i asked OSB as he seems to have all this stuff.

Just think it would be nice to get another opinion from someone who seems to know his stuff.

Without the figures, he seems to think we are stuck with them (3 year cycle and a few million a year is fine). No loss on the books until they sell, so better of not selling from what i told him.

Like i said, if i can get 3 years worth of accounts i will give them him to see what he thinks. I just like the fact he works for both sides so understands where we are coming from.

 

[pipkin73]

Surely if he was a finance expert he could have just used Google?

Like i said Nick, he was just out for a meal and a few drinks. He said if i got the info he would look into it but not going out of his way (he is on holiday).

 

[oldfiver]

Not looking for a bite mate, all the above is true. Like i said, i could not understand half of what he said.

All he kept saying was 3 year plan and he would need to see the books. He is here for two months and doing his own work from here. If i give him the figures he will give me his opinion for free but not going out of his way to get them. I have to do the work. That's why i asked OSB as he seems to have all this stuff.

Just think it would be nice to get another opinion from someone who seems to know his stuff.

Without the figures, he seems to think we are stuck with them (3 year cycle and a few million a year is fine). No loss on the books until they sell, so better of not selling from what i told him.

Like i said, if i can get 3 years worth of accounts i will give them him to see what he thinks. I just like the fact he works for both sides so understands where we are coming from.

He isn't very financially switched on for a knowledgable person
He can get them here for free https://beta.companieshouse.gov.uk/company/07612487/filing-history
The 3 year cycle does not really exist - VC's tend to put capital in and then try and get out after 3 to 5 years with a substantial profit
SISU is not a VC though

 

[oldfiver]

Was replying to old fiver, old pal

Well I have only replied to posts so not sure what the problem is. If there is one it is from the original poster

 

[rupert_bear]

In reply to your random post about attendances?

Think that was to have gone on another thread, never mind

 

[skybluedan]

Met a guy tonight, he was in the same Restaurant as me.
Was on his laptop most of the night till i talked him off it.

How did you meet him Grinder? Watch out pip these guys are only after one thing

 

[mrtrench]

Yup, at the end of the day we're talking psychological qualitative as much as quantitative here.

All psychological Imo; who knows how they'd react?

 

[oldskyblue58]

Hi Pipkin73. The accounts for Otium and SBS&L are freely available from companies house

https://beta.companieshouse.gov.uk/ just need to search the company names

Investment in SBS&L was originally made through private equity funds that SISU are managing partner/agent for. Ownership was then transferred to Sconset Capital LLP which is another private equity fund that SISU are managing partner for.

details of how private equity funds operate are here and makes interesting reading

https://investorjunkie.com/24844/private-equity-funds-work/

None of that stops SISU being a hedge fund that controls private equity funds by being a managing partner. Description of activities from SISU Capital financials



details of how a hedge fund operates are here to compare

http://www.investopedia.com/articles/02/111302.asp

Hope that helps but I doubt the guy will really be interested and SISU wont leave until they are good and ready imo. When that will be your guess is as good as mine

 

[Captain Dart]

"Critics of private equity funds contest that private equity firms make money for their investors without regard to stakeholders in the business. In most cases, the kinds of companies that private equity firms acquire are already in poor financial health, lacking in a competitive environment, or have poor managers. Private equity firms want to acquire companies cheap, and that means buying companies they believe have more value than Wall Street is willing to realize. Sometimes it means buying companies that everyone knows will go out of business"

Yup..

 

[shmmeee]

Surely if he was a finance expert he could have just used Google?

Yeah, I'm sure that would go down well.

"Hey random stranger, would you give me advice about my football team that you neither know nor care about?"

"Sure, why not, can you give me the accounts"

"Just fucking Google it you lazy bastard"

 

[Nick]

Yeah, I'm sure that would go down well.

"Hey random stranger, would you give me advice about my football team that you neither know nor care about?"

"Sure, why not, can you give me the accounts"

"Just fucking Google it you lazy bastard"

Or he would have said "who are they, I can bring the accounts up now"

 

[Gaz]

He works with bookies but hasn't heard of us?

Have I read that wrong? If I have then excuse me but I'm surprised he hasn't if that's what he does for a living