splitting transfer profits and also on any sale of ryton.1.2M up front + 50% of all transfer fees over the next 3 years + money for each promotion (1M + 2M = 7M ??)
+ offer of money for Ryton (think 2M was mentioned)
Not sure all the amounts are accurately remembered
Hoffman said that Seppala has been given all these details, so more bull-shit from the SISU campI like how SISU want a plan, proof of funds and transparency over who the investors are.... pots and kettles.
What kind of Psycho has dinner on a Friday night at 7pm?
Kebab at 2am after lots of beers like a normal person!
Dream scenario: they accept a third bid, for the next three years we don't sell a single player. Anyone leaving goes for free out of spite.
I agree. As far as i know he might be a great bloke, mates of mine do vouch for him and tell me he has genuine reasons for whatever grievances he holds. However IMO he is not conducting himself well in all this. He comes across as bitter, vindictive and gleeful in his status as antogonist in chief against Sisu's victims.Les's career will stall/ stop very soon as he will/ has a reputation that isn't that good in the public world since the tail end of his time at the telegraph. It comes across in his articles what camp he sits. That's not professional journalism in my eyes.
Think you'll find they'll be undisclosed.Dream scenario: they accept a third bid, for the next three years we don't sell a single player. Anyone leaving goes for free out of spite.
Would love to see this as a positive and a sign that a decent offer that could be accepted is likely but this doesn't seem to be it. I can't see SISU living on the promise of some money down the line if things go well. They know from the last 10 years how that plan can work out. Reckon they will want the majority, if not all, up front.1.2M up front + 50% of all transfer fees over the next 3 years + money for each promotion (1M + 2M = 7M ??)
+ offer of money for Ryton (think 2M was mentioned)
Not sure all the amounts are accurately remembered
Some good news at last. Who did he say were the other investors?Hoffman said that Seppala has been given all these details, so more bull-shit from the SISU camp
He didnt. Apparently the other investors dont know who each of them is. Hoffman has gone up in my estimation after listening to him tonight.Some good news at last. Who did he say were the other investors?
Is he starting up his own hedge fund :greedy:He didnt. Apparently the other investors dont know who each of them is. Hoffman has gone up in my estimation after listening to him tonight.
But that's the point, we're now 'breakeven' sisu don't have to accept anything.Sisu have to accept the market price for a Div 4 club. They wont get a lot of money upfront because a Div 4 team isnt worth a lot of money!
They have to accept a modest upfront bid and a (generous) offer around others doing what they couldnt- progressing the club and building revenues.
Anyone in particular?
Isn't the point that they don't have to accept anything they don't want to so any offer will need to be attractive to them?Sisu have to accept the market price for a Div 4 club.
Which is possibly SISU's thinking also. Who knows!
No transfer money (50% of 0 = 0), and premiership within 7 years, it's all based on hope. Pretty sure even SISU would want more concrete conditions?
Might look a good deal to us on paper but realistically I can see why SISU have said no thanks.
It is nice that a cov fan is trying, just a shame it's the same fan who has tried before and failed every time.
Then again, if any fan was to have a chance of taking over, it'd be him!
Premier league was a pipe dream four or five tears ago for Brighton, Southampton and reigning champions Leicester too !Looks a good offer on paper but is largely made up of getting to the PL which is a mere pipe dream.
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But that's the point, we're now 'breakeven' sisu don't have to accept anything.
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Hoffman "we are offering to pay more than they paid (£1). It cant possibly worth more now than it was when they bought it"
And all 3 spent extortionate amounts of money getting there. Has Hoffman and his local businessmen colleagues got £50-100m+ to spend on climbing the leagues?Premier league was a pipe dream four or five tears ago for Brighton, Southampton and reigning champions Leicester too !
Looks a good offer on paper but is largely made up of getting to the PL which is a mere pipe dream, so really you may as well ignore that £7m. I'm also concerned about 50% of future transfer fees and the ryton part.
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Surely you can't just look at the price, you have to look at the whole structure of any deal and the circumstances at the time. SISU have financially parked the club....so can demand more than £1.OO
Sisu have to accept the market price for a Div 4 club. They wont get a lot of money upfront because a Div 4 team isnt worth a lot of money!
They have to accept a modest upfront bid and a (generous) offer around others doing what they couldnt- progressing the club and building revenues.
Nah.......I reckon joy is a sunderland fan and wants revenge...Is it possible SISU still really believe they have a slight chance of getting the Ricoh ? I can't think of any other reason to stay.
But they got there and two of them have got into European competition. I don't expect Hoffman and his crew to bung that amount of dosh even if they had it but all I was doing was illustrating teams at their lowest ebb not that long ago have achieved the Premiership dream.And all 3 spent extortionate amounts of money getting there. Has Hoffman and his local businessmen colleagues got £50-100m+ to spend on climbing the leagues?
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Everyone has a price and I'm sure SISU's investors do too.The problem is they don't have to do anything. If they don't want to sell then they won't sell.
Hoffman said he has told SEPPALA that he is willing to provide evidence of all funds and investors.Some good news at last. Who did he say were the other investors?
That doesn't make any sense. Just pay them the value. Another indication that the consortium are short on funds.Oh and he said they do not want to sell the training ground but had to include it in the offer because it is an asset.
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