My problem with Hoffman is two fold. Firstly, SISU have seen no 'proof of funds' to take him seriously and, more importantly, he was part of the boards that got us where we are. The fact he did little more than assault SISU through the media just weakens his position for me. SISU have asset stripped us to keep us alive it looks like. I still wouldn't say I trust them - they have outright lied to us, but atm we have no option.
My problem with Hoffman is two fold. Firstly, SISU have seen no 'proof of funds' to take him seriously and, more importantly, he was part of the boards that got us where we are. The fact he did little more than assault SISU through the media just weakens his position for me. SISU have asset stripped us to keep us alive it looks like. I still wouldn't say I trust them - they have outright lied to us, but atm we have no option.
My problem with Hoffman is two fold. Firstly, SISU have seen no 'proof of funds' to take him seriously and, more importantly, he was part of the boards that got us where we are. The fact he did little more than assault SISU through the media just weakens his position for me. SISU have asset stripped us to keep us alive it looks like. I still wouldn't say I trust them - they have outright lied to us, but atm we have no option.
As i understood it all, he was just the face of the takeover until it was complete so he may not have been on the board anyway
But what would Hoffman gain from putting a bid forward with no money in place to back it up ?
He is a well respected business man who would do a lot better job at city than Sisu.
I think the reason they didn't come back in with another bid is quite clear, Sisu have messed them about so much and to the point that they just couldn't do business with them.
We have to remember that it's only Hoffman who is a Cov fan, his backers are just investors who are there for the return, and there are a lot more things out there to invest in than Coventry City football club, and without the hassle of having to deal with business men who havn't got a clue.
But he did turn things around a hell of a lot at NR
And he IS a well respect business man.
But he did turn things around a hell of a lot at NR
And he IS a well respect business man.
Think robert peston did the most damage there astute.What good did he do at Northern Rock then other than finish them off?
Think robert peston did the most damage there astute.
Can you actually read? Or is it just comprehension that's the problem for you?
Well look I don't try to claim that I know how the world of business finance works, and I'm not here to just blindly stick up for who I think is the best option for Coventry city football.
So I ask people who do know the world of business and as my soon to be retiring dad who is the owner / director of one of the midlands top accounts firms, to give me his view on a man who is trying to take over our club, and his view on Hoffman is that he is a top business man.
Well that's good enough for me, and I'm going to listen to someone like that a lot more than Joe blogs off a football forum with all due respect.
Why have you got to be such a dick head ?
Are we not all Coventry fans but just with different opinions ????
If you don't like views that are different from your own then you really
shouldn't be on an internet forum.
Grow up!
I have no problem with Hoffman trying to get investors together to take our club forward. I welcome it. The only problem is the false hopes and uncertainty it brings. Not good for the team or the fans. The last bid seems to be badly thought out.
So what did your dad say then? I am very interested. I am a small time investor. I do not pretend to know everything, but my share portfolio has done OK in the credit crunch. I look after my own portfolio.
I would prefer the next owners to have money to invest in our squad. SISU have reduced the wagebill by getting rid of the deadwood and players on inflated wages and ego's. We now have a better base to build on. We either increase our income, get fresh investment or keep buying low and selling as high as we can.
I just asked him to have a look at it all really and give me his opinion.
His view on Hoffman, his view on how Sisu have run the club, stuff like that really, he looked at stuff on companys house or somthing.
I just don't really understand all that sort of stuff so i thought i would ask someone who does.
I must say though matey that i don't agree at all that sisu have just got rid of deadwood players, Ben Turner being an example.
For the people that say SISU out please let me know the alternative.
http://www.telegraph.co.uk/finance/...-Gary-Hoffman-tipped-to-depart-next-week.html
''Mr Hoffman has been credited with the dramatic turnaround at Northern Rock''
Just your facts
The alternative bid was Hoffmans bid,and in my opinion was a good thing for our club.
Sisu didn't want to go for it because they would have had to have given the club up for nothing, somthing they said wasn't good enough.
Funny thing is, thats how they got our club in the first place.
Its now not there so you can say there isn't an alternative bid anymore, and thats down to sisu.
The Hoffs backers have now pulled out because how sisu have acted over the talks, and you can't blame them really.
Old news. From Oct 2010. More came out after then. We can all find a page of someones thoughts that look good.
The alternative bid was Hoffmans bid,and in my opinion was a good thing for our club.
Sisu didn't want to go for it because they would have had to have given the club up for nothing, somthing they said wasn't good enough.
Funny thing is, thats how they got our club in the first place.
Its now not there so you can say there isn't an alternative bid anymore, and thats down to sisu.
The Hoffs backers have now pulled out because how sisu have acted over the talks, and you can't blame them really.
If I remember correctly they got our club about 15 mins before admin. We are in a better situation than then, although a fair few people seem to have forgotten the fact. Admin would have put us a division below where we are now.
How SISU got hold of the club - when it was them or oblivion- really has no bearing what so ever on what they sell it for. Its a non arguement.
I don't think we are in a better situation now, we are still losing money, we still don't own any of the stadium, we have a smaller squad, and to top it all off, we have taken out a loan on future ticket sales.
We are in the Championship, not 1st Div or lower. Our losses are much lower than they were. A few wins will get many more into the ground....could be making a profit time. Where is your proof on the rumour that we have taken out a loan on future ticket sales? Can you please keep debates to the truth and not rumours please? The loans we have are from SISU interest free. So have they loaned us money on future ticket sales? I think not. In a way yes, but as a whole no. You could say the loans are on a basis of reaching the Prem. That is where the serious money is, but this does not sound as good to the SISU out followers.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?