WTF are you on about?
SISU are a private entity potentially selling assets to another private entity. They will know the value of those assets and appear to want significantly more than the current value. They appear to have no desire to sell and hence haven't put the club up for sale.
The council are answerable to the taxpayer. They had an asset they wished to sell yet rather than market it properly ensuring maximum return for the taxpayer they sold it in secret while repeatedly making false public statements about the performance of the business.
How have you managed to equate those two situations?
I wasn't about three months ago when I said this would happen.
Of course that's the aim now. Get everybody worked up. The same as the telegraph have been trying.
What else is the "pressure" you think going public does?
Don't tell anybody, im trying not to mention it.You said it 3 months ago? You should have mentioned that...
The aim is to try and acquire a football club which is in turmoil off field and it’s owners appear to Be backed into a corner by every party who it should have on its side .
The purpose of going public is to let people know that despite money being offered the owners are still unwilling to even discuss the possibility of selling up , which is absolutely fucking bizarre to say the least considering the circumstances and the damage Done to their name and reputation already
In terms of business lol. Hostile takeovers from apparent fans
The aim is to try and acquire a football club which is in turmoil off field and it’s owners appear to Be backed into a corner by every party who it should have on its side .
The purpose of going public is to let people know that despite money being offered the owners are still unwilling to even discuss the possibility of selling up , which is absolutely fucking bizarre to say the least considering the circumstances and the damage Done to their name and reputation already
I agree , but the future of the other parties involved seems tied up , for sisu to continue operating they need new business all the timeThere’s more reputations than SISU’s in the toilet
The previous offer included half the value of Ryton I think
So if current offer is £7m
70% LTV mortgage = £5k
WASPS / CCC / SBT / whoever = £2m ??????????
I happen to think a bit more about CCFC than that.
In terms of the budget for player acquisition and wages - the key measure for fans - Hoffman is unlikely to be much different from the current day to day set up under SISU. They do not seem to have the muscle to be sugar daddies, so it would be as you were.However you want to answer the question?
You think what Hoffman does is a normal takeover behaviour?
It worries me how easily people fall for things. Its a stunt at the minute, the same as last time.
You think what Hoffman does is a normal takeover behaviour?
It worries me how easily people fall for things. Its a stunt at the minute, the same as last time.
In terms of business lol. Hostile takeovers from apparent fans
Genuine question. How’s many how many people do you think fall for it ?. 100, 1000, 10000 ?
SISU say he’s not revealing who’s in the consortium. If that’s true, how the eff can you show proof of funds ?
Can you honestly trust the integrity of a ‘consortium’ who believed Dale Evans was full of money?
This is the thing, SISU have no reputation anyway, ask anyone who works in any other London company/hedge fund. They're nothing in the hedge fund world. They're just playing dress upThe aim is to try and acquire a football club which is in turmoil off field and it’s owners appear to Be backed into a corner by every party who it should have on its side .
The purpose of going public is to let people know that despite money being offered the owners are still unwilling to even discuss the possibility of selling up , which is absolutely fucking bizarre to say the least considering the circumstances and the damage Done to their name and reputation already
So what’s the value of Ryton then?
Hilarious really. Even more so Dart liked it. It’s lazy fans like you and Dart that have helped create the mess in the first place
£7 - £8m for residential
I actually think, after a decade of cock ups, Fisher has worked out how to run the finances of a lower league team, what the numbers are, what you need to spend, and how. However it does depend on having a good manager and thus far Robins is the only good one he has ever found out of 9 appointments. If I were him I would see promotion as a double edged sword as the numbers, and thus the business risk are so much greater. The problem with Hoffman is that, while financially being little different from SISU in terms of the crucial relationship with Wasps, he will be starting from scratch with regards the day to day business knowledge of a third tier football team. We don't just want SISU out, that is only half the equation, we need it replaced by a financial set up that can fund prosperity in the Championship (forget the Prem - waste of time and money).Nick was asked what sort of a club owner he would like and said ,one with a shit load of money .
Dont think thats gonna happen . i'd like somebody who wants to see the club do well,a supporter. Somebody you could get behind .
Hope Gary Hoffman and co do one day succeed with there bid
The offer is more than reasonable , even OSB has stated so based off the assets .
There’s no market here , just bored middle aged men looking to have a go at the only show in town willing to put a bid in
It doesn’t have planning for residential so it’s not worth that much.
Err...The Ricoh Arena...for freeWhat do SISU want?
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It was one of those council commercially confidential meetings
It isn’t. Planning applications are public record. It ain’t worth what you have mistakenly assumed it is. If they got outline planning that would be different. And public knowledge.
Well Mr Hoffman thought otherwise
The third bid involved just over £2million cash up front and allowing Sisu to keep the club’s Ryton training ground to sell for housing.
It is also possible to have off the record meetings with the planners about a proposed development.
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