Gynnsthetonic
Well-Known Member
Others have said it reverts back to the council and can't be sold on. We'd be back in the previous situation though as Sisu wouldn't buy from CCC claiming it worthless.
Wasps downward spiral... (2 Viewers)
- Thread starter CCFC54321
- Start date
Peter Billing
Well-Known Member
Not exactly the same situation, all the loans etc the Council had in ACL, the £14m or so debt that was a big sticking point, have been paid back by Wasps, it would be a clean slate in that sense. Council surely won't want to get back into running ACL, and no 'out of town' owner is going to try what Wasps did having seen them fail.
Moff
Well-Known Member
Have predicted this for a long time, and the basket case that their finances will become.
Personally I don't wish them go bust, as they have fans that have suffered like we did being moved out of our traditional home, but the simple solution is they move back to a suitable location in the London area, and piss off back there soon.
Everything they have done to CCFC will linger for a long time, and their will be an ill feeling connected to them that will last long in peoples memories.
Aside from that moving to an area where there are three embedded clubs with generally loyal and steadfast followings (Coventry, Saints and Tigers) just to get your hands on a stadium that you cant even fill a tiny proportion of, is embarrassing and a financial disaster, which they have brought on themselves.
Personally I don't wish them go bust, as they have fans that have suffered like we did being moved out of our traditional home, but the simple solution is they move back to a suitable location in the London area, and piss off back there soon.
Everything they have done to CCFC will linger for a long time, and their will be an ill feeling connected to them that will last long in peoples memories.
Aside from that moving to an area where there are three embedded clubs with generally loyal and steadfast followings (Coventry, Saints and Tigers) just to get your hands on a stadium that you cant even fill a tiny proportion of, is embarrassing and a financial disaster, which they have brought on themselves.
Liquid Gold
Well-Known Member
"Even the most historic Premiership clubs with multiple generations of supporters on Wasps’ doorstep would struggle to get anywhere near filling the Arena - let alone a club that arrived in this region a little under seven years ago."
Why buy it then you stupid pricks
Why buy it then you stupid pricks
Liquid Gold
Well-Known Member
Need more flags 
Evo1883
Well-Known Member
eastwoodsdustman
Well-Known Member
I'm not so sure. The Friday kick off meant that Moz could get to watch the City in Bournemouth on Saturday as well
Liquid Gold
Well-Known Member
They either get ahead of it by trying to shift the arena on and get themselves out of debt with a fresh start, either back in London at somewhere like Fulham or a new QPR stadium or at the Alex stadium in Brum, or they refinance, limp on for a few years and run our of their owner's money.
Grendel
Well-Known Member
The leaseholder is not the Rugby Club. They will not be selling that to anyone
Gynnsthetonic
Well-Known Member
So basically Derek Richardson owns the stadium lease
Tommo1993
Well-Known Member
CCFCs Fault
“CCFC killing us” . No. Just another component towards their life support.
Grendel
Well-Known Member
MGI Fiduciary in Malta but yes in reality he does. He will I suspect have zero interest in selling it
Moff
Well-Known Member
[
So when. not if, the Wasps business model here goes completely wrong and they are doomed, are you saying the buffoons at the Council could have a stadium lease not with the top class Rugby team or whatever shite they thought Wasps were, and could find the stadium in the hands of a one man hedge fund show.
So when. not if, the Wasps business model here goes completely wrong and they are doomed, are you saying the buffoons at the Council could have a stadium lease not with the top class Rugby team or whatever shite they thought Wasps were, and could find the stadium in the hands of a one man hedge fund show.
Gynnsthetonic
Well-Known Member
Bizarre arrangement, Wasp could move back south with him trying to finance his rugby club at another stadium there whilst owning ours and pulling the strings here
Grendel
Well-Known Member
Well a property developer who can fund losses of the rugby club against a bloated lease definitely - if ccfc get promoted it will get interesting for sure
Moff
Well-Known Member
Its madness, but then as the Council were involved, I'm hardly surprised!
HuckerbyDublinWhelan
Well-Known Member
Long term is there a chance that Richardson fucks off Wasps and invests in SISU? From the snippets I heard (may have misunderstood) - him and Seppala could get on
pusbccfc
Well-Known Member
A comment from Welsh Wasps on DrunkenWasps:
"Why are some (not all) Sky Blues fans still so wound up about Wasps having bought the stadium? Seems a great opportunity to have a rugby club as well as football club based in Coventry. Not as daft as Leicester having two separate grounds. Saves Coventry having to pay to rent a ground in Birmingham.
I have fond memories of living in Coventry and going to support them when they played Bayern Munich in the late 1960s. But that was when they were in Division One."
They just don't get it do they? Saves Coventry having to rent in Birmingham?
"Why are some (not all) Sky Blues fans still so wound up about Wasps having bought the stadium? Seems a great opportunity to have a rugby club as well as football club based in Coventry. Not as daft as Leicester having two separate grounds. Saves Coventry having to pay to rent a ground in Birmingham.
I have fond memories of living in Coventry and going to support them when they played Bayern Munich in the late 1960s. But that was when they were in Division One."
They just don't get it do they? Saves Coventry having to rent in Birmingham
?
Liquid Gold
Well-Known Member
We also already have a perfectly good rugby club
Sky Blue Harry H
Well-Known Member
Post a picture on here and let the forum decide.
Sky Blue Harry H
Well-Known Member
OffenhamSkyBlue
Well-Known Member
I'm sure Leicester Tigers reserves (the Extras) would get bigger attendances if they moved in - you pretty much have to have a season ticket at Welford Road to get in, so the casual "walk-up" fans would love a 20 mile drive to watch some decent rugby!
Kneeza
Well-Known Member
You're probably right about their 'Seconds' attendance. The do get good crowds.
However, Prem game attendances are well down. They're averaging 18344 so far, in a 25850 capacity stadium.
I'm sure that'll improve as long as results keep going their way, but the days of no-walk-ups are over.
Sky Blue Pete
Well-Known Member
Strange to blame us for having a bit of success
Sky Blue Pete
Well-Known Member
Think they’ve helped get us back to be fair to them
Nick
Administrator
I think it is the delusion of it all.
The Telegraph have always pushed Wasps and I assume when their PR budget dried up then the Telegraph lost interest and let BB go out and work for all the other clubs locally too.
It is obvious that not many people around here gave a shit, people only went if they got freebies. The promotions for CCFC was horrible news for Wasps as regardless of what they have said, they are competitors for bums on seats.
It was made difficult to constantly push negativity on the football club when we won the league to get promotion and their attendances were drying up.
The football club got fucked over but Wasps and CCC tried to make out it was big bag SISU they were fucking over. Now there's a football club doing well in the Championship, they can't compete for fans.
The Telegraph have always pushed Wasps and I assume when their PR budget dried up then the Telegraph lost interest and let BB go out and work for all the other clubs locally too.
It is obvious that not many people around here gave a shit, people only went if they got freebies. The promotions for CCFC was horrible news for Wasps as regardless of what they have said, they are competitors for bums on seats.
It was made difficult to constantly push negativity on the football club when we won the league to get promotion and their attendances were drying up.
The football club got fucked over but Wasps and CCC tried to make out it was big bag SISU they were fucking over. Now there's a football club doing well in the Championship, they can't compete for fans.
chiefdave
Well-Known Member
Wonder if Bridge now covering another club has a part to play in his changing attitude to Wasps. From what I've been told and read Wasps aren't popular with other clubs or their supporters, none of whom approve of what they did. Maybe that message has got through to him.
The problem with the freebies was the sheer number of them. Even Bridge now admits there were so many freebies available that people who were queuing to buy tickets were being handed free ones! Completely devalued their own product and seem to have an incredibly low conversion rate in terms of freebies becoming paying customers.
You only had to look at social media on a pre-covid match day. People who were at their games were literally staying in the bar the whole time and not seeing a second of rugby. They had their freebie and they've moved onto the next thing.
Even for those who actually like rugby it seems the game is secondary to everything else. Look at the number of their fans saying the problem is the lack of live music, fanzones etc.
All very odd but the obvious question is if they are all now saying there was no chance of the stadium ever being filled, as no Premiership team would be able to fill it, why were they all so keen on the move? Not to mention nobody mentioned filing it being impossible when they kept saying in the CT that it would be sold out every game in the not too distant future.
Terry Gibson's perm
Well-Known Member
If you have to be entertained by the off the field stuff then it says you are not very interested on what’s on the field.
jordan210
Well-Known Member
I had a quick look on twitter the other day. Majority of people moaning the down have the fan village and other entertainment anymore. Almost like that is more important than what's going on, on the pitch.
Liquid Gold
Well-Known Member
Apart from those from back where they belong who have had their club stolen from them.
