Wasps going into admin & the impact on CCFC (1 Viewer)

[HuckerbyDublinWhelan]

Having numerous arguments on Twitter today

They STILL keep saying 'But sisu' 'But 10k attendances' 'but ccfc fans' Even when faced with pics of attendances

Fucking idiots

We need a “who are wasps blaming” thread to keep track of who’s at fault here

 

[HuckerbyDublinWhelan]

On that subject, they run away when you show them evidence of their attendance lies

Might be my finest twitter moment tbf enjoy the read

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I like the “can’t wait for cov to get relegated. Enjoy league one” tweets.

it’s like we haven’t been in the arse end of football in the past 5 years.

I mean that’s just genera football banter these days, Sunderland say it on the regular….

 

[Donato's Truncheon]

Stuart Barnes has an article in The Times today saying that the return of 6.5% on the bond was so out of sync with with the state of the economy at the time, with interest rates at .5% that it should have been seen as the warning it was
It's one of the oldest sayings in the financial world but when something looks too good to be true, it usually is

Yes it was pretty bizarre. Given the prevailing rates at the time, 6.5% seemed way over what they needed to offer, and was in itself a warning sign as you say.

If (as it seems) they’d even got players promoting those bonds to people it’s sad tbh.

 

[Sky Blue Pete]

The council's lease to Wasps at the time included a stipulation that insolvency of any kind could see the club forced to forfeit ownership of the stadium, with the exact wording: "If the tenant enters into some kind of insolvency regime."

I hope someone is advising joy not to play hardball and expect a long lease for nothing from ccc. Real opportunity here to do some real good either owning or selling and uniting the ground with ccfc in a deal that can be sustaining or hopefully so

 

[Covkid1968#]

On that subject, they run away when you show them evidence of their attendance lies

Might be my finest twitter moment tbf enjoy the read

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Shooting fish in a barrel !!!!

 

[Skyblueweeman]

Aren't they either owner operated or franchised?

The hotel is owned by ACL, operated by Hilton under a franchise agreement.

 

[mr_monkey]

On that subject, they run away when you show them evidence of their attendance lies

Might be my finest twitter moment tbf enjoy the read

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Good work mate, I keep on getting blocked by people when asking questions

 

[joemercersaces]

Sorry, couldn't help myself, it's that kit........

So I now know of at least two on here…

 

[jordan210]

On that subject, they run away when you show them evidence of their attendance lies

Might be my finest twitter moment tbf enjoy the read

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George loves to try and act like nothing was wrong at wasps.

 

[SBAndy]

On that subject, they run away when you show them evidence of their attendance lies

Might be my finest twitter moment tbf enjoy the read

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I’ve tried hunting back for pics of our home attendances in L2 but can’t find any. Be interesting to see the comparison.

 

[Saddlebrains]

I’ve tried hunting back for pics of our home attendances in L2 but can’t find any. Be interesting to see the comparison.

I tried the same aswell, but to no avail

 

[robbiethemole]

Surely “nothing to see here” Maton, “fag ash” Lucas, and “over my dead body” Duggins must all come under scrutiny and public enquiry over their parts in this shitshow now?

 

[Moff]

I’ve tried hunting back for pics of our home attendances in L2 but can’t find any. Be interesting to see the comparison.

The comparison is we paid for our tickets whilst theirs were free by the bucket load!.

 

[Sky Blue Pete]

Surely “nothing to see here” Maton, “fag ash” Lucas, and “over my dead body” Duggins must all come under scrutiny and public enquiry over their parts in this shitshow now?

Well things change don’t they but even if the decision was genuinely made for the right reasons they have to admit that it wasn’t the right one now surely

 

[SBAndy]

It may be a very slightly misleading picture but below is a snapshot of our attendance vs Sheff Utd (the protest one). Attendance 8,801.


Edit: and this was in the 86th minute so probably a fair few that had already left.

 

[Saddlebrains]

It may be a very slightly misleading picture but below is a snapshot of our attendance vs Sheff Utd (the protest one). Attendance 8,801.

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Edit: and this was in the 86th minute so probably a fair few that had already left.

Lot of people left by the 70th minute at this one haha

 

[jordan210]

As we allways guessed wasps paying reach for positive media and threatening to pull advertising

 

[HuckerbyDublinWhelan]

As we allways guessed wasps paying reach for positive media and threatening to pull advertising

Can definitely tell the advertising has stopped… the negative news rolls in and the telegraph have cosied more up to the city,

 

[Robinshio]

I’ve tried hunting back for pics of our home attendances in L2 but can’t find any. Be interesting to see the comparison.

no pics but we averaged 9255 (Again recorded attendance rather than actual) however I think we only had around 3k STH so probably 8500+ in attendance

we are only around 1800 shy now of our highest average in an all seater stadium

 

[duffer]

As we allways guessed wasps paying reach for positive media and threatening to pull advertising

Not just Wasps pressuring the CET to pull negative stories.

The council also squashed things like the arena bailout story by threatening to withdraw advertising. I'd be very surprised if they didn't have a hand in suppressing anything negative about their pet Wasps project too.

 

[Gynnsthetonic]

Not just Wasps pressuring the CET to pull negative stories.

The council also squashed things like the arena bailout story by threatening to withdraw advertising. I'd be very surprised if they didn't have a hand in suppressing anything negative about their pet Wasps project too.

Maybe we see some leaks from councilors who weren't happy with the deal to sell to Wasp but were silenced at the time

 

[Happy_Martian]

I’ve tried hunting back for pics of our home attendances in L2 but can’t find any. Be interesting to see the comparison.

Can't help with pictures of attendances (and a photo of one stand doesn't give a true reflection any way). But this site has all attendance figures for the L2 season. Looks like we averaged between 6 and 8.5K. Only numbers significantly lower than those were the League Trophy initial rounds.

https://www.11v11.com/teams/coventry-city/tab/matches/season/2018/

 

[Liquid Gold]

As we allways guessed wasps paying reach for positive media and threatening to pull advertising

Remember all the talk of tinfoil hats when people were pointing out this was going on at the time...

 

[HuckerbyDublinWhelan]

Remember all the talk of tinfoil hats when people were pointing out this was going on at the time...

 

[duffer]

The council's lease to Wasps at the time included a stipulation that insolvency of any kind could see the club forced to forfeit ownership of the stadium, with the exact wording: "If the tenant enters into some kind of insolvency regime."

I hope someone is advising joy not to play hardball and expect a long lease for nothing from ccc. Real opportunity here to do some real good either owning or selling and uniting the ground with ccfc in a deal that can be sustaining or hopefully so

Personal opinion, Pete, but everything I've read suggests the bondholders (who have a first charge on it) get the lease or at least the administrator gets to sell it to pay them. So I don't think CCC will get much of a say in it this time. This could be a good thing!

 

[HuckerbyDublinWhelan]

Personal opinion, Pete, but everything I've read suggests the bondholders (who have a first charge on it) get the lease or at least the administrator gets to sell it to pay them. So I don't think CCC will get much of a say in it this time. This could be a good thing!

But don’t the council have to agree and assign it?

 

[olderskyblue]

Nah, let them find out what a proper rugby ground is like

Broad Street?

 

[SBAndy]

But don’t the council have to agree and assign it?

I doubt they could reasonably decline.

 

[Skyblueweeman]

Personal opinion, Pete, but everything I've read suggests the bondholders (who have a first charge on it) get the lease or at least the administrator gets to sell it to pay them. So I don't think CCC will get much of a say in it this time. This could be a good thing!

Isn't that worse for us? I wonder what the socio-economic mix is of the bondholders but I'd suggest a number would be Wasps fans. I can't imagine they'd be enamoured about CCFC having any sort of benefit out of this.

I could be totally wrong though!

 

[Robinshio]

Isn't that worse for us? I wonder what the socio-economic mix is of the bondholders but I'd suggest a number would be Wasps fans. I can't imagine they'd be enamoured about CCFC having any sort of benefit out of this.

I could be totally wrong though!

their interest will be purely financial (certainly if they are in it for any material amounts)

 

[Nick]

Isn't that worse for us? I wonder what the socio-economic mix is of the bondholders but I'd suggest a number would be Wasps fans. I can't imagine they'd be enamoured about CCFC having any sort of benefit out of this.

I could be totally wrong though!

Won't they just get the best offer to the administrator rather than a choice?

 

[Gynnsthetonic]

Some of the quotes from this moron

 

[Gynnsthetonic]

But he doesn't support them

 

[Paul Anthony]

 

[rexo87]

What the actual fuck. Councillors called to meeting to help Wasps stave of admin

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