Cain Hoy say 'No'.

[CainHoy]

Me no likey. Would rather a stupid-rich arab. Don't wanna get Glazered.

We can do stupid and we can do rich. What's not to like?

 

[THFCSPURS19]

We can do stupid and we can do rich. What's not to like?

Stop, before it gets annoying.

 

[davidmatzdorf]

Cain Hoy have announced that they are making a bid for Spurs. Not interested in making a bid, not considering a bid....they announced it in accordance with UK law they are going to make a bid.

No, they didn't. Read their statement again. This is what it said:

[We are] at the preliminary stages of assessing a cash offer for Tottenham Hotspur. There can be no certainty that any offer will ultimately be made or at what price any offer might be made. “In accordance with Rule 2.6(a) of the City Code on Takeovers and Mergers, Cain Hoy must, by not later than 5pm on Oct 10, either announce a firm intention to make an offer in accordance or announce that it does not intend to make an offer.

That says the opposite of what I have quoted from your post. They have not decided yet whether to make a bid. They are still considering the matter.

This is exactly what I mean by the internet taking this and going crazy with it. There's an investor considering whether to bid for THFC. That's all. The rest is sly journalists and crazed fans ramping up a furore.

 

[THFCSPURS19]

No, they didn't. Read their statement again. This is what it said:



That says the opposite of what I have quoted from your post. They have not decided yet whether to make a bid. They are still considering the matter.

This is exactly what I mean by the internet taking this and going crazy with it. There's an investor considering whether to bid for THFC. That's all. The rest is sly journalists and crazed fans ramping up a furore.

Do you seriously think that it's a coincidence that Cain Hoy was created a day before a story came out saying they wanted a takeover?

Furthermore, one of the main men is supposedly a Spurs season-ticket holder? Surely that's not a coincidence as well?

I can't see a situation where they just don't make an offer. Whether a takeover actually happens is a whole different matter.

 

[Graysonti]

Do you seriously think that it's a coincidence that Cain Hoy was created a day before a story came out saying they wanted a takeover?

Furthermore, one of the main men is supposedly a Spurs season-ticket holder? Surely that's not a coincidence as well?

I can't see a situation where they just don't make an offer. Whether a takeover actually happens is a whole different matter.

But both the mirror and (mostly) Telegraph reports are true.

 

[weststandvoice]

No, they didn't. Read their statement again. This is what it said:



That says the opposite of what I have quoted from your post. They have not decided yet whether to make a bid. They are still considering the matter.

This is exactly what I mean by the internet taking this and going crazy with it. There's an investor considering whether to bid for THFC. That's all. The rest is sly journalists and crazed fans ramping up a furore.

Have you considered seeking psychiatric help with this?

 

[THFCSPURS19]

But both the mirror and (mostly) Telegraph reports are true.

Aren't I agreeing with this?

 

[Graysonti]

Schneiderlin scored again and continued his decent start. Pochs No 1 signing.

Again Levy/ENIC did not deliver for a manager.

A new owner could close this gap, no oil baron but these investments and net spends can push us up the league. So close.

ENIC had there time and out of their depth now.

Thanks lads please join Sugar in box next door please.

 

[CowInAComa]

Interesting that we declared we had spoken to them previously about financing yet they had only been created a few hours before the statement.

Its going to happen is my opinion. This isnt a speculative punt

 

[Graysonti]

Aren't I agreeing with this?

Ha ha, sorry fella meant to disagree with David

 

[davidmatzdorf]

This company looks to have been essentially set up to buy Spurs. No, nobody can prove that, yes it may not happen, but that is the obviious intention. Look at the facts, the stuff that cannot be disputed.

And still the Matzdorfs of world are larging it about us all being sheep whipped into a dumbfest by lazy journos. Why in the name of god would they bother releasing this statement if there was no interest in making - and I quote - a cash offer?

Who says there's 'no interest in making a cash offer'? Obviously there is interest: they have declared it formally. But 'interest' is not the same as an actual offer. They clearly reserved their right either to make an offer or to withdraw and not make an offer. They are studying the financial status of THFC and working out their figures before they make up their minds.

But it's not unusual for a large investor to consider whether to make an offer. And it's not even unusual for such an offer to be made. My scepticism here is not about whether Cain Hoy are serious. It's about the journo-and-fan-fuss that has blown this up way past what is actually happening.

The level of assumption and groundless certainty on show here is laughable. No one even knows whether there will be an offer, but we have people baldly stating that ENIC 'will sell' or 'won't sell' based on nothing but their prejudices and hunches.

The only remotely reliable information we have is this:

• ENIC are speaking to multiple investors, including Cain Hoy, about finance for the stadium.
• Cain Hoy, perhaps intrigued by what they saw when having these discussions, are working on a proposal to buy the club outright, a proposal that they may or may not eventually make.
• Someone leaked their interest in buying the club to a journalist, who wrote an exaggerated article full of innuendo and unfounded conclusions.
• That article provoked Cain Hoy and THFC/ENIC to make formal statements to clarify the real situation - the statements read to me as if both parties were trying to cool down the speculation.
• These statements appear to have backfired, because everyone has interpreted them to mean that the sale of the club is imminent, based on the generally-inaccurate cliché 'no smoke without fire'.

I have no axe to grind about whether there will be an offer and whether ENIC will sell, except that selling now, unless the offer is well above market value ('silly money', to quote my earlier posts), would be against ENIC's business model. If they do get an offer well above market value, again to quote myself, 'they would be daft not to sell'.

My comments here have not been about casting scorn on the underlying potential ofer. They have been about casting doubt on the wild exaggeration that has immediately consumed the sensible discussion.

As I keep saying, the fuss is feeding on itself. There is actually nothing there, except for an investor considering whether trying to buy a football club might be a good use of their capital. That happens all the time. It isn't a big deal. The leak to the journalist and the subsequent spin are what have made it notable, not the actual state of play.

It's rather frustrating that no one seems to be reading what I'm actually writing, or rather they are reading things that I am not writing and do not think. But that's what happens when you get a furore. Everyone's opinion gets stereotyped. If this offer gets made and the club gets sold, I guarantee that there will be an internet factoid on SC that I dissed the whole idea of the bid and the sale. But I didn't and I won't, because it's a possibility. It's just that there isn't any proper evidence for it yet - just an investor considering their position.

 

[CowInAComa]

Who says there's 'no interest in making a cash offer'? Obviously there is interest: they have declared it formally. But 'interest' is not the same as an actual offer. They clearly reserved their right either to make an offer or to withdraw and not make an offer. They are studying the financial status of THFC and working out their figures before they make up their minds.

But it's not unusual for a large investor to consider whether to make an offer. And it's not even unusual for such an offer to be made. My scepticism here is not about whether Cain Hoy are serious. It's about the journo-and-fan-fuss that has blown this up way past what is actually happening.

The level of assumption and groundless certainty on show here is laughable. No one even knows whether there will be an offer, but we have people baldly stating that ENIC 'will sell' or 'won't sell' based on nothing but their prejudices and hunches.

The only remotely reliable information we have is this:

• ENIC are speaking to multiple investors, including Cain Hoy, about finance for the stadium.
• Cain Hoy, perhaps intrigued by what they saw when having these discussions, are working on a proposal to buy the club outright, a proposal that they may or may not eventually make.
• Someone leaked their interest in buying the club to a journalist, who wrote an exaggerated article full of innuendo and unfounded conclusions.
• That article provoked Cain Hoy and THFC/ENIC to make formal statements clarifying the real situation and trying to cool down the speculation.
• These statements appear to have backfired, because everyone has interpreted them to mean that the sale of the club is imminent, based on the generally-inaccurate cliché 'no smoke without fire'.

I have no axe to grind about whether there will be an offer and whether ENIC will sell, except that selling now, unless the offer is well above market value ('silly money', to quote my earlier posts), would be against their business model. If thy do get an offer well above market value, again to quote myself, 'they would be daft not to sell'.

My comments here have not been about casting scorn on the underlying potential ofer. They have been about casting doubt on the wild exaggeration that has immediately consumed the sensible discussion.

As I keep saying, the fuss is feeding on itself. There is actually nothing there, except for an investor considering whether trying to buy a football club might be a good use of their capital. That happens all the time. It isn't a big deal. The leak to the journalist and the subsequent spin are what have made it notable, not the actual state of play.

You think? These arent green Mike Ashley types fumbling around with a billion quid not knowing what they are doing.

These guys are the real deal. They arent doing anything without full intent and purpose. If they are talking about making a move for Spurs and making staements then im pretty certain its not just off the back of a pub flyer discussion down the nags head.

My two cents worth.

 

[weststandvoice]

Who says there's 'no interest in making a cash offer'? Obviously there is interest: they have declared it formally. But 'interest' is not the same as an actual offer. They clearly reserved their right either to make an offer or to withdraw and not make an offer. They are studying the financial status of THFC and working out their figures before they make up their minds.

But it's not unusual for a large investor to consider whether to make an offer. And it's not even unusual for such an offer to be made. My scepticism here is not about whether Cain Hoy are serious. It's about the journo-and-fan-fuss that has blown this up way past what is actually happening.

The level of assumption and groundless certainty on show here is laughable. No one even knows whether there will be an offer, but we have people baldly stating that ENIC 'will sell' or 'won't sell' based on nothing but their prejudices and hunches.

The only remotely reliable information we have is this:

• ENIC are speaking to multiple investors, including Cain Hoy, about finance for the stadium.
• Cain Hoy, perhaps intrigued by what they saw when having these discussions, are working on a proposal to buy the club outright, a proposal that they may or may not eventually make.
• Someone leaked their interest in buying the club to a journalist, who wrote an exaggerated article full of innuendo and unfounded conclusions.
• That article provoked Cain Hoy and THFC/ENIC to make formal statements to clarify the real situation - the statements read to me as if both parties were trying to cool down the speculation.
• These statements appear to have backfired, because everyone has interpreted them to mean that the sale of the club is imminent, based on the generally-inaccurate cliché 'no smoke without fire'.

I have no axe to grind about whether there will be an offer and whether ENIC will sell, except that selling now, unless the offer is well above market value ('silly money', to quote my earlier posts), would be against ENIC's business model. If they do get an offer well above market value, again to quote myself, 'they would be daft not to sell'.

My comments here have not been about casting scorn on the underlying potential ofer. They have been about casting doubt on the wild exaggeration that has immediately consumed the sensible discussion.

As I keep saying, the fuss is feeding on itself. There is actually nothing there, except for an investor considering whether trying to buy a football club might be a good use of their capital. That happens all the time. It isn't a big deal. The leak to the journalist and the subsequent spin are what have made it notable, not the actual state of play.

Are you sure you don't need to talk to someone?

 

[Graysonti]

Who says there's 'no interest in making a cash offer'? Obviously there is interest: they have declared it formally. But 'interest' is not the same as an actual offer. They clearly reserved their right either to make an offer or to withdraw and not make an offer. They are studying the financial status of THFC and working out their figures before they make up their minds.

As I keep saying, the fuss is feeding on itself. There is actually nothing there, except for an investor considering whether trying to buy a football club might be a good use of their capital. That happens all the time. It isn't a big deal. The leak to the journalist and the subsequent spin are what have made it notable, not the actual state of play.

David, we know all this but this is a forum on our favourite club.

If we can't speculate when someone makes a 'formal notice of interest' to buy our club, when can we ?

Your a great poster (one of the best) and clearly very intelligent and I enjoy your posts, but your like an old woman sometimes. Lighten up.

 

[THFCSPURS19]

I'm pro-Levy/ENIC but even I see the benefits of this happening. In fact, it's got to the point where I want it to/hope it happens.

I kind've feel bad about my opinions to be honest and I still think people are too rude to ENIC/Levy.

I've prepared myself for disappointment though.

 

[THFCSPURS19]

Who says there's 'no interest in making a cash offer'? Obviously there is interest: they have declared it formally. But 'interest' is not the same as an actual offer. They clearly reserved their right either to make an offer or to withdraw and not make an offer. They are studying the financial status of THFC and working out their figures before they make up their minds.

But it's not unusual for a large investor to consider whether to make an offer. And it's not even unusual for such an offer to be made. My scepticism here is not about whether Cain Hoy are serious. It's about the journo-and-fan-fuss that has blown this up way past what is actually happening.

The level of assumption and groundless certainty on show here is laughable. No one even knows whether there will be an offer, but we have people baldly stating that ENIC 'will sell' or 'won't sell' based on nothing but their prejudices and hunches.

The only remotely reliable information we have is this:

• ENIC are speaking to multiple investors, including Cain Hoy, about finance for the stadium.
• Cain Hoy, perhaps intrigued by what they saw when having these discussions, are working on a proposal to buy the club outright, a proposal that they may or may not eventually make.
• Someone leaked their interest in buying the club to a journalist, who wrote an exaggerated article full of innuendo and unfounded conclusions.
• That article provoked Cain Hoy and THFC/ENIC to make formal statements to clarify the real situation - the statements read to me as if both parties were trying to cool down the speculation.
• These statements appear to have backfired, because everyone has interpreted them to mean that the sale of the club is imminent, based on the generally-inaccurate cliché 'no smoke without fire'.

I have no axe to grind about whether there will be an offer and whether ENIC will sell, except that selling now, unless the offer is well above market value ('silly money', to quote my earlier posts), would be against ENIC's business model. If they do get an offer well above market value, again to quote myself, 'they would be daft not to sell'.

My comments here have not been about casting scorn on the underlying potential ofer. They have been about casting doubt on the wild exaggeration that has immediately consumed the sensible discussion.

As I keep saying, the fuss is feeding on itself. There is actually nothing there, except for an investor considering whether trying to buy a football club might be a good use of their capital. That happens all the time. It isn't a big deal. The leak to the journalist and the subsequent spin are what have made it notable, not the actual state of play.

It's rather frustrating that no one seems to be reading what I'm actually writing, or rather they are reading things that I am not writing and do not think. But that's what happens when you get a furore. Everyone's opinion gets stereotyped. If this offer gets made and the club gets sold, I guarantee that there will be an internet factoid on SC that I dissed the whole idea of the bid and the sale. But I didn't and I won't, because it's a possibility. It's just that there isn't any proper evidence for it yet - just an investor considering their position.

Can't you understand why we're getting excited at the prospect of stinking rich people (even more so than Lewis/ENIC) who happen to have a Spurs season-ticket holder potentially wanting to buy our club?

 

[davidmatzdorf]

You think? These arent green Mike Ashley types fumbling around with a billion quid not knowing what they are doing.

These guys are the real deal. They arent doing anything without full intent and purpose. If they are talking about making a move for Spurs and making staements then im pretty certain its not just off the back of a pub flyer discussion down the nags head.

My two cents worth.

I must be failing to get my point across, or people just aren't reading it. It's getting to the point where I ought to give up.

I agree with everything you just wrote and not one word of it conflicts with what I just wrote.

I'm not dissing the possibility of a bid. I'm talking about how these things get out of hand and the way rumours work. I go on evidence, not hunch.

Of course these people are serious. But they have to do their due diligence before they decide whether to make a bid. In the meantime, everyone is being rather silly.

I think I've written the same thing about 4 different ways. No one is getting it and people keep disagreeing with things I didn't write. Time to stop.

 

[Graysonti]

I must be failing to get my point across, or people just aren't reading it. It's getting to the point where I ought to give up.

I agree with everything you just wrote and not one word of it conflicts with what I just wrote.

I'm not dissing the possibility of a bid. I'm talking about how these things get out of hand and the way rumours work. I go on evidence, not hunch.

Of course these people are serious. But they have to do their due diligence before they decide whether to make a bid. In the meantime, everyone is being rather silly.

I think I've written the same thing about 4 different ways. No one is getting it and people keep disagreeing with things I didn't write. Time to stop.

I agree but I think their due diligence may be further along the line as they are probably privy to commercial info from our dealing with them re stadium finance. Agree ?

 

[THFCSPURS19]

I must be failing to get my point across, or people just aren't reading it. It's getting to the point where I ought to give up.

I agree with everything you just wrote and not one word of it conflicts with what I just wrote.

I'm not dissing the possibility of a bid. I'm talking about how these things get out of hand and the way rumours work. I go on evidence, not hunch.

Of course these people are serious. But they have to do their due diligence before they decide whether to make a bid. In the meantime, everyone is being rather silly.

I think I've written the same thing about 4 different ways. No one is getting it and people keep disagreeing with things I didn't write. Time to stop.

You seem to have difficulty in understanding why people are potentially excited/getting ahead of themselves.

Life would be no fun with out getting excited every once in a while.

 

[weststandvoice]

[/quote]

Have you considered seeking psychiatric help with this?

We've gone from "disagree" to "dislike" to "WTF" in the space of about a week