Wasps going into admin & the impact on CCFC (6 Viewers)

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Esoterica

Well-Known Member
I was hoping the worst case would be Richardson retaining the stadium without the debt attached and looking to sell it for as much as possible while Wasps resurrect in London with nothing to do with Richardson anymore
 

MusicDating

Euro 2016 Prediction League Champion!!
What’s it say, I’m not paying to read it

Coventry City are in talks with Walsall over a potential short-term groundshare after being plunged into another stadium crisis.

City face being kicked out of their CBS Arena home with Arena Coventry Limited (ACL), the company which owns the ground, on the verge of administration.

ACL must either secure new funding or a buyer for the stadium by Monday, with Coventry returning to Championship action on Tuesday with a home match against Blackburn.

Mark Robins, the Coventry manager, says they are looking at alternative venues and League Two club Walsall has emerged as a serious option.Walsall’s Poundland Bescot Stadium is 27 miles away from the CBS Arena, and negotiations between the two clubs are under way.

If the move goes ahead, it will be the third time Coventry have moved their home matches to a different stadium, after previously using Northampton Town’s Sixfields and Birmingham City’s St. Andrews.

Walsall do not play at home until November 19, while Coventry have three more home matches before the World Cup break. Coventry have played only six of their 15 matches at home this season, after games earlier in the campaign were cancelled due to a unsafe playing surface.

There are also fears that the EFL could punish Coventry with a fine or suspended points deduction if home matches are moved out of the city.

In another unwanted development at the club, the EFL has also hit Coventry with a transfer embargo after an alleged issue with payment to HMRC.

After the home defeat by Blackpool on Saturday, Robins said: “It's my job to prepare the team wherever we play.

"The players, the staff and the club have been punched around for far too long and the club should never be allowed to be separated from their stadium or their training ground. It should all go hand-in-hand. That's it.

"[Tuesday night’s game] will go ahead. I know where the potential alternatives are but I'm not at liberty to tell you."

Coventry are 22nd in the Championship table, three points ahead of bottom club West Bromwich Albion.

Transfer embargo too :( Fk me, what a season
 

Terry Gibson's perm

Well-Known Member
If they fuck over the current creditors they are going to need a large amount of cash to get started as surely most businesses will want cash up front and credit would be out of the question.
 

torchomatic

Well-Known Member
I wasn't worried. Now I am.
 

Calista

Well-Known Member
What’s it say, I’m not paying to read it
Short term groundshare at Walsall, who don’t play at home until November 19.

Fears that EFL could punish us with a fine or suspended points deduction if home matches are moved out of the city

“In another unwanted development at the club, the EFL has also hit Coventry with a transfer embargo after an alleged issue with payment to HMRC.”
 

Calista

Well-Known Member
The cork-popping, gloating and premature ejaculations on here when Wasps went into admin were embarrassing. I must confess I haven’t got a clue what most of the stuff written since then even means, but I fear we still have years of legals to come.
 

Nick

Administrator
It would take brass balls of epic proportions to pull off a pre-pack, retain the stadium and just carry on in the city like nothing has happens.
It really would.

Although I can see the council loving it.

It wouldn't surprise me at all if it happened.
 

Grendel

Well-Known Member
You can bet your life the cunts at the Council will be bending over backwards to make sure this farce goes the way of Wasps!
Anything to make sure CCFC are fucked over

The council will be steering well clear of this
 

Evo1883

Well-Known Member
So basically , wasps staying here would ofcourse just prolong another situation like this for them , it will NEVER WORK
 

Grendel

Well-Known Member
Somewhat concerning we are in a transfer embargo with non tax payments
 

alexccfc99

Well-Known Member
Short term groundshare at Walsall, who don’t play at home until November 19.

Fears that EFL could punish us with a fine or suspended points deduction if home matches are moved out of the city

“In another unwanted development at the club, the EFL has also hit Coventry with a transfer embargo after an alleged issue with payment to HMRC.”

Farce, I’m not doing Walsall - Joke of a situation

Needs to be huge backlash from our supporters if we’re deducted points, would be disgraceful
 

Grendel

Well-Known Member
Not sure we are though?

Of course we are. We’ve moved twice about to go again and have done nothing about it
 

Liquid Gold

Well-Known Member
Sisu have pulled the plug on us. I suspect that means a sale is around the corner.

I hope Richardson doesn’t get in the way of it.
 

Otis

Well-Known Member
The cork-popping, gloating and premature ejaculations on here when Wasps went into admin were embarrassing. I must confess I haven’t got a clue what most of the stuff written since then even means, but I fear we still have years of legals to come.
As soon as I heard the news I didn't celebrate and thought I am not going to until the fat lady has finished singing and I know they have gone, never to return and the ground is solely ours to play in again.

Hopefully things will be a lot clearer tomorrow.
 

Liquid Gold

Well-Known Member
Who said they have?
The summer transfer window was all about making do.

We sold Hyam to get by from the rearranged fixtures.

Now they’re not paying HMRC when the club can’t afford it.

It all points to them cutting the club adrift as they want a new owner to fund things.
 

Grendel

Well-Known Member
Hmmm wondering which side the story came from?

If wasps are about to pull a fast one then it's standard to get the city fans angry at sisu.

If we are under an embargo for non payment to HMRC aren’t you at all concerned?
 

CCFC54321

Well-Known Member
It would take brass balls of epic proportions to pull off a pre-pack, retain the stadium and just carry on in the city like nothing has happens.
If this was allowed to happen then this is on the verge of criminal activity and the police would be watching bloody closely.

If those bastards retained the stadium by hook or crook what message does that send to the rest of sport and businesses in general just con your way to being given money and not pay it back and worm around ‘the system’ to be rewarded still?

The administrator will be watched very closely by everyone concerned and if there is a hint of wasps favouritism then he/she’s reputation should be in shatters.
 

Grendel

Well-Known Member
If this was allowed to happen then this is on the verge of criminal activity and the police would be watching bloody closely.

If those bastards retained the stadium by hook or crook what message does that send to the rest of sport and businesses in general just con your way to being given money and not pay it back and worm around ‘the system’ to be rewarded still?

The administrator will be watched very closely by everyone concerned and if there is a hint of wasps favouritism then he/she’s reputation should be in shatters.

it’s no more criminal than what we did in 2014
 
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