More Wasps BS? (3 Viewers)

ccfc1234

Well-Known Member
Think that's a liberal use of the word sold. They were stood in Broadgate the other day giving out tickets to anyone who wanted them!
Constantly giving away copious amounts of free tickets long term devalues the product not to mention is offensive to those who have parted with actual money to buy them. Not sure about the standard of harliquins but let's hope they play their best game of the season vs the pests.
 

chiefdave

Well-Known Member
Did there look like there was much uptake CD??
nope, very little interest.
Constantly giving away copious amounts of free tickets long term devalues the product not to mention is offensive to those who have parted with actual money to buy them.
100% this, people were pointing this out when they first got here. You can't give away tickets like confetti and then suddenly expect people to pay for them. You've made your own product worthless.
 

cc84cov

Well-Known Member
Not sure if this has been mentioned this side of things are not my strong point
 

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RegTheDonk

Well-Known Member
Well we don't really need any more do we? The council after all turned down Marriott. Surely they would deny Wasps too.
 

chiefdave

Well-Known Member
Don't see anyway even our council can approve Wasps application having turned down one literally metres away on the basis it would take business away from the city centre.

Surely whoever put that application in would be straight on to their lawyers if that happened.

Also have Wasps actually paid to have this lease option and now a seemingly never ending extension. The councils excuse when it was initially issued was a need for hotels for City of Culture but today's article says any hotel won't be ready in time for that.
 

slyblue57

Well-Known Member
Don't see anyway even our council can approve Wasps application having turned down one literally metres away on the basis it would take business away from the city centre.

Surely whoever put that application in would be straight on to their lawyers if that happened.

Also have Wasps actually paid to have this lease option and now a seemingly never ending extension. The councils excuse when it was initially issued was a need for hotels for City of Culture but today's article says any hotel won't be ready in time for that.
Bet the Council will lol
pusb
 

chiefdave

Well-Known Member
According to the geniuses on the Wasps forum they are going to get the hotel operator to pay to build it and then once they've done that they will also pay rent to Wasps. Not sure there will be many hotel chains wanting to take them up on that fantastic deal.
 

HuckerbyDublinWhelan

Well-Known Member
Genuine question, why do we care ?. The club won’t benefit
Because any SISU is likely to bankrupt Wasps - excellent short term news that would open up a better chance for us to return to the Ricoh in some capacity.

we can then look at the long term aim of removing SISU when they pocket any compensation from wasps deal for the Ricoh being wrong
 

Nick

Administrator


I have noticed as well that so many people who are now trying to get tickets for it are either those "Business Networking" sorts who will go to take a selfie or people who just enter competitions for free shit.
 

oldfiver

Well-Known Member


I have noticed as well that so many people who are now trying to get tickets for it are either those "Business Networking" sorts who will go to take a selfie or people who just enter competitions for free shit.



has the link been taken down?
 

oldfiver

Well-Known Member
According to the geniuses on the Wasps forum they are going to get the hotel operator to pay to build it and then once they've done that they will also pay rent to Wasps. Not sure there will be many hotel chains wanting to take them up on that fantastic deal.

Not a totally daft suggestion
Hotel operators can get long term funding to put up a building, it is then franchised out
If they cannot buy the site - the landowner can grant a long lease with an upfront premium and ongoing rentals. A budget hotel could raise £5k a year per room.
 

Nick

Administrator
Not a totally daft suggestion
Hotel operators can get long term funding to put up a building, it is then franchised out
If they cannot buy the site - the landowner can grant a long lease with an upfront premium and ongoing rentals. A budget hotel could raise £5k a year per room.

So why would the council block others apart from one that Wasps can basically make money from because they have planning permission and the lease for the land?

Besides, it was taking the next step a year and a half ago - 150-bed Ricoh Arena hotel plans to take major step forward
 

letsallsingtogether

Well-Known Member
Building a Nandos at the Ricoh As well, we have just quoted for some parts of the job.
 

covcity4life

Well-Known Member
if a hotel is commisioned maybe we can email marriot and tell them people of coventry are winning to back their appeal or protest!
 

chiefdave

Well-Known Member
Not a totally daft suggestion
Hotel operators can get long term funding to put up a building, it is then franchised out
If they cannot buy the site - the landowner can grant a long lease with an upfront premium and ongoing rentals. A budget hotel could raise £5k a year per room.
Just to make sure I'm not misunderstanding you're saying a hotel chain, lets use Travelodge as an example, build a hotel paying all the costs. Once that hotel is built Travelodge then pay Wasps to rent the hotel despite Wasps having not put a penny in.

How does that work? They aren't paying rent for the site as the land belongs to the council.
 

Nick

Administrator
Just to make sure I'm not misunderstanding you're saying a hotel chain, lets use Travelodge as an example, build a hotel paying all the costs. Once that hotel is built Travelodge then pay Wasps to rent the hotel despite Wasps having not put a penny in.

How does that work? They aren't paying rent for the site as the land belongs to the council.

Yeah but Wasps have the friends to get the planning permission while others closeby are rejected because they aren't needed ;)
 

chiefdave

Well-Known Member
Totally cynical reply -- I expect CCC will benefit from the development uplift?
What would the different be in this development compared to the hotel they have just refused planning for next to the Ricoh on the basis it would detract from the city centre. Not the first hotel application the council have rejected on that basis.
 

Nick

Administrator
What would the different be in this development compared to the hotel they have just refused planning for next to the Ricoh on the basis it would detract from the city centre. Not the first hotel application the council have rejected on that basis.

It wouldn't be Wasps asking for it?

Maybe Wasps could get planning permission and then sell the Lease on the land with permission for a quick buck ;)
 

oldfiver

Well-Known Member
Just to make sure I'm not misunderstanding you're saying a hotel chain, lets use Travelodge as an example, build a hotel paying all the costs. Once that hotel is built Travelodge then pay Wasps to rent the hotel despite Wasps having not put a penny in.

How does that work? They aren't paying rent for the site as the land belongs to the council.

The Hotel Chain will pay "WASPS" effectively a rent for the site - in the absence of buying the land.
No idea what the deal is between CCC and WASPS - but the former wont let this happen for nothing ...............................or will they ?
 

chiefdave

Well-Known Member
The Hotel Chain will pay "WASPS" effectively a rent for the site - in the absence of buying the land.
No idea what the deal is between CCC and WASPS - but the former wont let this happen for nothing ...............................or will they ?
But Wasps don't own the land. The land belongs to the council. What value do Wasps add to earn a cut of money that would otherwise be going to the taxpayer?

It would be debatable if it was a good deal for the taxpayer if they were leasing the land off the council and paying to build the hotel themselves before renting that out. This appears as if they're doing literally nothing other than put their name on a planning application so it gets approved where others have been turned down which of course raises other concerns.
 

oldfiver

Well-Known Member
But Wasps don't own the land. The land belongs to the council. What value do Wasps add to earn a cut of money that would otherwise be going to the taxpayer?

It would be debatable if it was a good deal for the taxpayer if they were leasing the land off the council and paying to build the hotel themselves before renting that out. This appears as if they're doing literally nothing other than put their name on a planning application so it gets approved where others have been turned down which of course raises other concerns.


I think WASPS have/ had an option on the land that has been extended in to next year to achieve planning
I doubt the Council will sell the land but could grant a long lease for a premium / annual rental or both
 

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