covcity4life
Well-Known Member
yeah just playing devils advocate, just saying cant take it as fact that consortium does not have money behind them
or they are offering something they know has no real substance cc4l
Then he's way out. There's no way if you total up what SISU would get if they sold every player they could get a fee for and sold Ryton it would be a total of £2m.
I don't disagree. But to me she should come out with a number. Put up or shut up. It would stop them from wasting everyone's time.She is saying the offer needs to be worth far more to her. She has no need to sell, it would not be a distressed discounted sale. She wont blink because nothing is being negotiated
If he is buying the potential and believes it is worth much more long term then his bid must reflect that in her eyes
Are add ons an incentive. The biggest part of these deals seems to be on getting to the Premiership in 5 years or something - I know the value I place on that right now
It terms of asset value it is worthless it can not fall significantly so it is not an issue to Seppala. The amount she needs is still based on ARVO imo
The club is parked, it should have, even with low ST sales, a reasonable L2 budget....... a little success on the pitch and that will only increase
He has offered 2m plus an asset she already controls (Ryton) that can move around the group structure to keep it away from the GH Consortium and a majority of value £12m+ as add ons that are frankly unlikely to happen looking at it today, unless there is very significant amounts of working capital put in either as shares or loans. Does GH have that backing, if he hasn't then the value JS places on the add ons will be negligible. Don't forget she knows full well how add ons work she "saved" £6m when not promoted to Premiership
So the offer is not really £20m, not even £8m (ryton plus £2m)............... but £2m ............. who thinks she will sell at that? Take your sky blue glasses off and answer honestly by putting yourself in her position. Very unlikely isn't it
Well edited to come back to make a point I never made. He's apparently offered £2M up front without Ryton not with, so you're already trying to add something into the equation that isn't there. Are those players worth more than £2M? Or are they worth X amount (maybe less than £2M) upfront with add ons taking it past £2M? If its the latter, which it most likely is, how has Hoff offered them anything different in format to what would happen if they didn't sell the club? Except that they won't continue to plug losses of the club that they're failing to run.
I don't disagree. But to me she should come out with a number. Put up or shut up. It would stop them from wasting everyone's time.
Otherwise she either doesn't want to sell for some reason or she knows that she is after some figure that isn't realistic.
Hoff isn't saying CCFC, or the bits he wants to buy, is worth £20m. He's saying it's worth £2M up front with add ons potentially rising up to £20M.
If Callum Wilson was worth £6M with add ons why didn't Bournemouth just pay £6M up front?
Nothing unusual about buying something with add ons, especially true with football.
I don't disagree. But to me she should come out with a number. Put up or shut up. It would stop them from wasting everyone's time.
Otherwise she either doesn't want to sell for some reason or she knows that she is after some figure that isn't realistic.
Like I said there has never been any need to sell displayed. All the noise has come from elsewhere
Yup.The secrecy thing is laughable as well. We have a 'consortium of Coventry businessmen' but no idea who they are or how many there are. It could be just Joe Elliott for all we know.
Tony, the two scenarios are the same. The player's value to SISU is the transfer fee, how its paid is neither here nor there.
It's not worth £20M so why would someone offer it.?Another pointless bid that's conveniently leaked across social media.
Regarding the view it's being considered as it took a while to reject I suspect the truth is that Seppella took a few days to look at it and then just said no.
It's ridiculous to suggest it's an insult she's not meeting to discuss either. As people like house analogies would you meet with someone who offered a tiny fraction of what you believe the house is worth
If this really is a £20 million bid as its being suggested then offer the £20 million now - I think she'd talk then.
As I read it there is more or less guaranteed
a. £2M up front
b. ~£3M share of transfer dealings for 3 years
c. ~£0.5M promotion to league one
d. ~£4.5M sale of Ryton
So £10M, which is where I thought Joy's minimum figure would be, but she is a greedy so & so hence she probably wants £12M.
I suspect she feels safe hanging on another year as it stands with no -ve cashflow and an indication of the court case outcome expected in that time.
The fat lady has yet to arrive at the changing room. :emoji_cry:
The secrecy thing is laughable as well. We have a 'consortium of Coventry businessmen' but no idea who they are or how many there are. It could be just Joe Elliott for all we know.
Why mention me?I thought Hoffman wanted it in private and was upset about details coming out? Bhsb and last won't be happy about that.
In terms of the bid, is getting closer but is it still just for assets or is he cutting a deal for a % of debt? That will be their sticking point. ( actual debt, not the random number).
Glad he has said to keep ryton as a sweetener, don't mess about renting it back have a clean break.
It's not worth £20M so why would someone offer it.?
The value is in the future but Sisu can't get us there. In that respect why not take a cut of future income from someone who can?
2 other names were given so we know its not just joe elliott.The secrecy thing is laughable as well. We have a 'consortium of Coventry businessmen' but no idea who they are or how many there are. It could be just Joe Elliott for all we know.
Quite right.It's not worth £20M so why would someone offer it.?
As I read it there is more or less guaranteed
a. £2M up front
b. ~£3M share of transfer dealings for 3 years
c. ~£0.5M promotion to league one
d. ~£4.5M sale of Ryton
So £10M, which is where I thought Joy's minimum figure would be, but she is a greedy so & so hence she probably wants £12M.
I suspect she feels safe hanging on another year as it stands with no -ve cashflow and an indication of the court case outcome expected in that time.
The fat lady has yet to arrive at the changing room. :emoji_cry:
Yeah, maybe there's a dark cellar buried deep under Ryton, where the new owners willJust wondering if there is something sisu are hiding which a sale might reveal and that is the reason preventing a sale?
Well... all bar the pies.Yeah, maybe there's a dark cellar buried deep under Ryton, where the new owners will
Stumble across Steve Waggot, Red Ken, Anderson, Mark Venus and numerous other
Former directors, all chained up and living on stale water and cold pies.
You should try asking SISU for a list of everyone who's invested in CCFC under their stewardship. Let us know how you get on with that.
Yeah, what kind of logic is it that says SISU are shite, so let's reproduce the same?!?But I thought this was a clean sweep, a new direction with openness and engagement.
Yeah, what kind of logic is it that says SISU are shite, so let's reproduce the same?!?
those figures seem realistic. so rather than 2m upfront it could be said tis guaranteed 10m rising to 20m which sounds better
hopefully they can increase the upfront cash to 4-5m and maybe that will tip the balance.
Why mention me?
Will we sell 6m of players in 3 years?
That seems to depend on how you arrive at the value. What have we actually received for the sales of Wilson and Maddison? What potentially could that amount rise too? What was their true value when we sold them? It's exactly the same principle.
What players do we have who are worth more than £2M up front combined? What could the combined add ons be worth?
Will SISU trouser any of them fee's either up front or add ons or will they be used to help plug the holes at the club?
The £2M Hoff has apparently offered up front will SISU trouser that? If any add ons come off will SISU trouser that too? I would think yes as they no longer have a failing football club to plug holes in.
So which option actually has more value to SISU? £2M to put in their pocket or £2M to put back into your failing business and hopefully you don't have to add anymore to it out of your own pocket that you haven't put £2M into?
Sorry but it's a get out for SISU to say the squad is worth more. Because A) it properly isn't, at least not up front anyway and B) whatever the squad is worth they aren't trousering while they own the club because its being used to plug holes.
But I thought this was a clean sweep, a new direction with openness and engagement.
He needed a diversion.
Why mention me?
It's not worth £20M so why would someone offer it.?
The value is in the future but Sisu can't get us there. In that respect why not take a cut of future income from someone who can?
Fans groups also ramping up the boycott encouragement too....
I have to giggle at your juvenile attempts at appearing smartI would imagine you would know who, what, where and where if a takeover happens. In 25 years you still won't have an idea of who has actually owned us at any point during SISU's stewardship. You can see the difference I'm sure.
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