Hoffman Deal For Ricoh Agreed? (7 Viewers)

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Danceswithhorses

Danceswithhorses

Well-Known Member
ccfc1973 said:
perhaps the hoff wants to buy the ricoh and become sisus landlord and force them out with a huge rent increase
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Already mentioned in post #21 by la_lucha
This is splendid news. SISU could end up paying rent to Hoffs consortium. If Hoffs men take ownership of the Ricoh, they could bump up the rent and force SISU to sell or enter admin. Either way it's a brilliant leverage tool.
 
oldskyblue58

oldskyblue58

CCFC Finance Director
skybluelee said:
Why do you always have to ruin everything with your business acumen and common sense? Let me dream of a happier future, its all I have left! :)
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Sorry :) just didnt think it was fair to suffer on my own with this knowlwedge !! :D
 
oldskyblue58

oldskyblue58

CCFC Finance Director
ccfc1973 said:
correct me if im wrong doesnt the agreement in place for the club to buy half or all of the ricoh run out this year?
perhaps the hoff wants to buy the ricoh and become sisus landlord and force them out with a huge rent increase
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If GH buys the Ricoh as it stands the tenant is ACL not SISU. CCFC is sub tenant to ACL. Couldnt just dream up a figure for rent it has to be at market value usually or discounted by the landlord. Any such strategy would simply hurt CCFC not SISU
 
Otis

Otis

Well-Known Member
lordsummerisle said:
Think the voices in his head have asked for anonymity.

Have to respect journalistic sources.
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It's an incredible story to conjur up.

Did he also used to write the front page headlines for the Sunday Sport? I'm still waiting patiently for those photos of that World War II bomber they found on the moon!
 
Nick

Nick

Administrator
I do wonder where he got the information from.

Are there any other links about on the tinterweb about it?
 
C

CUS Wyken

New Member
A few were told about it last week but it was wanted to be kept out of the public domain because of confidentially agreements etc... dunno how it’s made its way to Kev but no-one wanted it to come out yet.

Will only make the takeover a longer process for all concerned.
 
We'll_live_and_die

We'll_live_and_die

Super Moderator
CUS Wyken said:
A few were told about it last week but it was wanted to be kept out of the public domain because of confidentially agreements etc... dunno how it’s made its way to Kev but no-one wanted it to come out yet.

Will only make the takeover a longer process for all concerned.
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The fact that it's come out will only make it longer? How do you know? Are you a SISU insider or maybe Joe Elliott.
 
oldskyblue58

oldskyblue58

CCFC Finance Director
if it was so confidential why tell anyone ? seems strange to sign a confidentiality agreement then tell a few who are not party to it.
 
torchomatic

torchomatic

Well-Known Member
C

CUS Wyken

New Member
I was told middle of last week that a deal was agreed for the land but no-one wanted it put on message boards etc... which in my eyes is far enough and its only come out now because Kev has for some reason wanted to make it public.
 
SkyBlueMania

SkyBlueMania

New Member
The £70 million figure quoted is also "said to include land rights for the surrounding area". This could be why the figure is so much higher than previously touted. I don't know how much land is currently owned by the Ricoh but it could be large enough for development at some stage.
 
D

dadgad

Well-Known Member
Time to up the pressure on Sisu.
If there is any truth to this they must be made to realise they have no future and continued involvement will result in further financial loss and further loss of reputation.
 
SydneySkyBlue

SydneySkyBlue

Member
Agreed. If this turns out to be true we will also have the Council to thank for any takeover. Please God let it be true.
 
C

ccfchandsy

New Member
Someone somewhere must be able to find out from the horses mouth it means so much to us sky blues just wish it would be either confirmed or denied
 
W

wingy

Well-Known Member
This is the potential deal He's working on ,i'm sure he's sounded out the council /ACL,he ain't there yet but we definately have to show SISU the way in no uncertain terms ,en masse ,united
 
ccfcway

ccfcway

Well-Known Member
risky business from ALL concerned.

Playing devils advocate for one minute....They buy the ground, but the club, invest NOTHING in the club and we all want them out, well they now own the stadium !

I suppose you have to trust Hoffam to do the best for CCFC, but to me, this coild backfire if the council sell the one thing that SISU cant get their hands on, to another "group" of people who havent PROVED they have the clubs best interest at heart !
 
P

PWKH

New Member
There have been no discussions involving the Higgs Charity and the purchase of their shares in ACL and none are scheduled.
 
Sub

Sub

Well-Known Member
PWKH do you work for ACL or the ricoh ??? just wondered seen as your location postcode is the ricoh :):) and seem very sure of the answer:thinking about::thinking about::thinking about:
 
We'll_live_and_die

We'll_live_and_die

Super Moderator
PWKH said:
There have been no discussions involving the Higgs Charity and the purchase of their shares in ACL and none are scheduled.
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Could it be that Hoffs consortium have been seeking the terms of the option to buy and understand that if they purchase the club then they will automatically have the option to buy the ACL shares?

As stated by your good self, the option to buy the shares is owned by CCFC and no third party company i.e. SISU. Can you advise us if the option to buy limits onward transfer to a third party company for a certain period?
 
Sub

Sub

Well-Known Member
so is there any information you know about the possible take over or is it all pie in the sky ?? any news would be appreciated.:)
 
P

PWKH

New Member
La_Lucha said:
Councillor (cause that's what you are I believe?), could it be that Hoffs consortium have been seeking the terms of the option to buy and understand that if they purchase the club then they will automatically have the option to buy the ACL shares?

As stated by your good self, the option to buy the shares is owned by CCFC and no third party company i.e. SISU. Can you advise us if the option to buy limits onward transfer to a third party company for a certain period?
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I work for the Charity. I am not able to answer your question about the detail of the Agreements between CCFC/AEHC and AEHC/CCC or between ACL/CCFC. All are governed by confidentiality clauses. All I am able to do is to say that if there have been agreements and meetings about sales or purchase etc they have not involved the Charity. I am sorry if this doesn't go far enough but at least it should help people to work out the percentage chance that something has happened.
 
chiefdave

chiefdave

Well-Known Member
Would talks need to take place with Higgs at this point tho? Isn't that a set formula for the price, if that's the case any actual talks would need to be with the council if they wanted to buy the stadium outright. If / when they agree surely the purchase of the Higgs share would be straightforward.
 
JHarding1987

JHarding1987

New Member
PWKH. Thanks for this. From what you have written to me suggests more BS. If there was a £70m Ricoh buyout, then the surely the Charity would know. Strange why Kev Monks would publish this though, just even more infuriating and depressing. Build us up to knock us down. If I've misunderstood, apologies.
 
Wrenstreetcarpark

Wrenstreetcarpark

New Member
Bring back Dhinsa: it was much simpler then. A hired car, a qucik drive up from Reading and a shady meeting in a hotel with McGinnitty leading to massive headlines in the CET. Now what? Chinese whispers. Feminist Keys tweeting. Clark OBEse sayong he has never seen better football and aren't SISU doing well. CovMad coming up with a new rumour nearly every day. The world has gone mad.
£70m for what? The freehold? The lease? The freehold bought from the Council without a Council meeting? The leasehold bought from the Council that doesn't own it? And people believe it all, or at least give 7 pages of thread to discussing it when it is not wrth anything.
 
C

CUS Wyken

New Member
Wrenstreetcarpark said:
Bring back Dhinsa: it was much simpler then. A hired car, a qucik drive up from Reading and a shady meeting in a hotel with McGinnitty leading to massive headlines in the CET. Now what? Chinese whispers. Feminist Keys tweeting. Clark OBEse sayong he has never seen better football and aren't SISU doing well. CovMad coming up with a new rumour nearly every day. The world has gone mad.
£70m for what? The freehold? The lease? The freehold bought from the Council without a Council meeting? The leasehold bought from the Council that doesn't own it? And people believe it all, or at least give 7 pages of thread to discussing it when it is not wrth anything.
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The council own the Ricoh and all surronding land. This all has to be bought so it will be a massive sum of money.
 
oldskyblue58

oldskyblue58

CCFC Finance Director
He hasnt told you anything that isnt true or factual Rich.......... cant say same for what is on CovMad
 
lordsummerisle

lordsummerisle

Well-Known Member
La_Lucha said:
I'm not sure I can believe this tbh. I think Kev Monks has got the story from somewhere and I believe that more than I believe someone posting on a forum.​
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His previous posts do point towards him being involved in the Ricoh somewhere along the line.

Kev Monks stories however would have even made the old News of the World pause to check for veracity.
 
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