Keys - this takeover will take a while (14 Viewers)

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AFCCOVENTRY

AFCCOVENTRY

Well-Known Member
CCFC6 CCFC
@TSKeysandGray did you hear what John Sillet on the radio? said if Hoffman had the money he'd be in now...im wishin hes so far off the mark
51 minutes ago
in reply to ↑

@TSKeysandGray
Richard Keys
@CCFC6 He's off the mark. I keep saying - talks are on going. Nothing has changed. This is going to take a while.
49 minutes ago via Twitter for BlackBerry®
 
rob9872

rob9872

Well-Known Member
Keys keep quiet you're annoying me now and Sillet stay out of it and stop being a SISU puppet
 
Nonleagueherewecome

Nonleagueherewecome

Well-Known Member
What is Sillet's effing problem? Just how much is he in SISU's pocket?
 
C

CCFC123

New Member
I'm afraid Snoz is disappointing me a little just lately. I dont want my respect for him to lower as it has for Kenny Dalglish this weekend.
 
Otis

Otis

Well-Known Member
Agree. Sillett has been disappointing. These things take time! We all know that. Very, very stupod thing to say that Hoffman would have been in by now.
 
E

EleanorRigby

New Member
Is John Sillett becoming a bit dillusional, does he think if the Hoff. hadn't the finance in place by someone somewhere and it won't be his money anyway he'd be even talking to sisu.

Starting to sound to me if Mr Sillett is not a Hoffman fan which is fair enough.
 
C

CCFC123

New Member
since snoz had some position given to him a couple of years ago he appears to be a little creepy around the clubs owners.

Snoz- dont let yourself down like this..... please?
 
W

wingy

Well-Known Member
Agreed ,why is he sticking his head over the parapet,this is meant be behind closed doors ,but it is a question i'm frequently asking myself,he may be a hero ,but is lowering his stock getting involved ,taking on the orange ones mantle.
 
C

ccfchandsy

New Member
I hate to admit it but I think he is right we have no chance getting took over its all just peeing me off now if his invester was a billionaire would he be that fussed about giving sisu a few million just to fuck off
 
mark82

mark82

Super Moderator
Any takeover takes time to negotiate. The seller (SISU) aren't desperate to sell so want the best (highest) price possible. The buyer obviously wants the lowest price possible. These things can take months to go through in any business.
 
Paxman II

Paxman II

Well-Known Member
Actually yes things can take time.....but how much time is reasonable? Frankly the Hoff has had an enormous amount of time on this and yet here we are still second guessing.
A statement should be released by both sides now to calm the fans, help in generating support that both sides must want? and ask for patience and at least show there is some goodwill and intent there. Without this I fear it will go on being chastised and ridiculed quite rightly.
 
E

EleanorRigby

New Member
Hoffman has enormous time on his hands ? The bloke has been setting up a new world bank ffs. Also the parties involved don't all live in Canley and Coundon you know they are from the otherside of the world with their businesses to run. Getting all these together must be a major headache and then there's the Higgs Charity and City Council to sort out too. No news is good news in my eyes
 
Otis

Otis

Well-Known Member
You have to remember, this doesn't go back to the first offer way back when, this only goes back to the offer of just a few weeks ago. These deals take months!
 
Mary_Mungo_Midge

Mary_Mungo_Midge

Well-Known Member
Months indeed. Our best hope is that the take-over is completed on time to save a summer fire sale of our promising youngsters. Anything more than that is a touch niaive
 
S

saveitforthewombles

Well-Known Member
It's a complex deal - I'd imagine one potential issue (amongst many) is no-one knows which league we'll be in next year (although we have a good idea) - ie if we're relegated the assets anyone acquires (future revenue, player values, future ticket sales) are diminished/written down. If relegated the club will receive less money from Sky and will have a larger shortfall between revenue and costs. Sisu will need to account for this somehow in their valuation (wouldn't have been so much of an issue if Mad Ken had progressed conversations at the start of the season).
 
coundonskyblue

coundonskyblue

New Member
It took Sisu 3 months to takeover the club from a board that was desperate to sell. Buying the club from owners who are trying to get a return would take twice as long I would have thought.
 
torchomatic

torchomatic

Well-Known Member
FFS, leave Sillett alone. Rip SISU to shreds by all means... comparing him to Kenny Dalglish...I thought he was one of us...pathetic, the lot of ya. Its the usual you can't do anything about SISU so you will attack anything else.
 
Otis

Otis

Well-Known Member
torchomatic said:
FFS, leave Sillett alone. Rip SISU to shreds by all means... comparing him to Kenny Dalglish...I thought he was one of us...pathetic, the lot of ya. Its the usual you can't do anything about SISU so you will attack anything else.
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People not allowed to criticise Sillett then even if they don't agree with what he has said .... ever? :facepalm:

If someone comes out with inappropriate comments, no matter who that is, then we all reserve the right to comment upon it and indeed criticise it. What do you mean "leave him alone?" :facepalm: he said something which many of us think was way off the mark and inaccuarate. Are we supposed to just ignore it?
 
skybluealan

skybluealan

Well-Known Member
Completely agree, Sillett may be Hero of the past but he is losing his status fast. Stay out of thing you don't understand John
 
Grendel

Grendel

Well-Known Member
CCFC123 said:
I'm afraid Snoz is disappointing me a little just lately. I dont want my respect for him to lower as it has for Kenny Dalglish this weekend.
Click to expand...

A somewhat unfair comparison I would suggest.
 
Grendel

Grendel

Well-Known Member
@richh87 said:
I'd have thought that 'no news is good news'.

Huge deals like this take time.
Click to expand...

In relative terms it is hardly huge. Tata buying JLR and Kratt buying Cadbury (and then wrecking it) are huge. Once a price is agreed both parties would normally go public and transfer of ownership would be fairly quick. One can only assume a price has not been agreed.
 
Delboycov

Delboycov

Active Member
torchomatic said:
FFS, leave Sillett alone. Rip SISU to shreds by all means... comparing him to Kenny Dalglish...I thought he was one of us...pathetic, the lot of ya. Its the usual you can't do anything about SISU so you will attack anything else.
Click to expand...

Not in the slightest. Sillett has chosen to come out and make some pretty inflamatory comments implying that GH is being dishonest about having the necessary financial backing to take the club forward. Why aren't we allowed to challenge that view? Because he has 'legend' status?

Just as with his comments about the protests he's coming across as a mouthpiece for SISU and I personally think he's being used by them because for many fans he's untouchable and they listen to him as he is 'one of us'. I don't think it's a coincidence that since he's had his new title bestowed on him by SISU he's made several statements effectively backing them. For me he will always be a legend but my respect for him is fading fast and he is not exempt from being challenged. If he is 'one of us' he'll be praying that GH can come up with the goods as without investment we are doomed...

Richard Keys is seen as GH's mouthpiece but I don't see you lambasting those who criticise him.
 
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G

Godiva

Well-Known Member
I'mARealWizard said:
Myth and legend tells you that it was 30 mins from admin ;)
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It simply followed Parkinson's law: Work expands so as to fill the time available for its completion.
Or in other words: Things takes the amount of time available.
 
G

Godiva

Well-Known Member
Paxman II said:
A statement should be released by both sides now to calm the fans, help in generating support that both sides must want? and ask for patience and at least show there is some goodwill and intent there. Without this I fear it will go on being chastised and ridiculed quite rightly.
Click to expand...

They released enough statements last summer ... and that didn't help anybody.
 
G

Godiva

Well-Known Member
I think most now realize that the deal is not simply about buying the club. No investors in their right mind would even consider entering into that kind of adventure.
GH's investors does not seem to be doing this out of blind love to the club - if they are interested that is because they smell an opportunity to make money. And that is not likely if the deal is about the club and nothing else.

That is why it is so much more complicated than four years ago and why it takes so much longer.

Sisu may well hold a strong hand here and see an opportunity to regain their investment in full - either from a direct and immidiate buy-out or from benefitting from a complex setup where they keep ownership of the club while GH and his investors build and run the infrastructure around the club.
 
B

Brighton Sky Blue

Well-Known Member
Godiva said:
I think most now realize that the deal is not simply about buying the club. No investors in their right mind would even consider entering into that kind of adventure.
GH's investors does not seem to be doing this out of blind love to the club - if they are interested that is because they smell an opportunity to make money. And that is not likely if the deal is about the club and nothing else.

That is why it is so much more complicated than four years ago and why it takes so much longer.

Sisu may well hold a strong hand here and see an opportunity to regain their investment in full - either from a direct and immidiate buy-out or from benefitting from a complex setup where they keep ownership of the club while GH and his investors build and run the infrastructure around the club.
Click to expand...

Seems more likely. Acquisition of the 50% stake in the Ricoh would go a long way to helping the club become more self sustainable-paying in excess of £1m versus no rent + half of stadium revenue is a no brainer for starters.
 
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