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  1. Colin Steins Smile

    Transfer Shouts

    This news makes me wonder why I ever bother getting excited about a new season. I feel depressed before I've seen us play a home game
  2. Colin Steins Smile

    Dom Hyam - Blackburn bid ?

    We did last season with Hyam, Fadz, Rose & C-S......which did cause us a problem with Dabo sometimes playing Right side CH
  3. Colin Steins Smile

    Dom Hyam - Blackburn bid ?

    I would be disappointed to see Hyam sold, but if the club is financially in difficulties then we may be forced to sell. If we need money now, then the scheduling of payments is really important, so 50% upfront is probably what we might seek for a slightly lower overall fee.
  4. Colin Steins Smile

    Wasps downward spiral...

    My understanding is that it's 75% of value of the bondholders, so the large investors will sway any decision. The assessment they have to make is whether to hope that the financial performance of Wasps Holdings improves significantly.....which from previous submitted audited accounts there is...
  5. Colin Steins Smile

    CBS issues

    Another issue that arises from the postponements of games during August is the additional costs associated with the rearranged fixtures to mid-week or during the autumn/winter time. The energy costs of having to use floodlights will be significant. I hope the club has a fix cost rental...
  6. Colin Steins Smile

    CBS issues

    It seems as though the training ground would not be included in any list of assets in the event of Wasps holdings going into administration
  7. Colin Steins Smile

    Transfer Shouts

    The owners need to be careful of selling any player who could lead to us being relegated. The value of the club would be significantly affected during any Sale period if we play in L1 next season.
  8. Colin Steins Smile

    Kevin Maton

    The use of loopholes by big business is one issue, which the government should sort out! Those companies do pay tax albeit not at a level I think they should. However, Worcester Warriors and now Wasps are different ....they are reported failing to pay due tax and Wasps now have the audacity to...
  9. Colin Steins Smile

    CBS issues

    Wasps look insolvent if you take into account the liabilities that are now being reported: 1. Outstanding payments to HMRC 2. Interest payments for May - August for bond holders 3. Repayment of £35m bond 4. Loan from HM Government for Covid-19 The assets against liabilities looks in deficit...
  10. Colin Steins Smile

    CBS issues

    You have a point - The club not owning the ground was always a high risk situation, which should have been included in their risk assessments.
  11. Colin Steins Smile

    CBS issues

    Overall the Wasps situation looks grim: 1. The failure to repay the £35m bond in May. 2. The failure to secure refinancing of the bond in May, June, July & now? 3. The failure to maintain the pitch to a safe level. Leading to potential damages being sought. 4. The failure to submit audited...
  12. Colin Steins Smile

    CBS issues

    That will make CCFC a creditor when/if Wasps go into administration.
  13. Colin Steins Smile

    What kind of punishment are we facing?

    The stadium was still under control of the CWGs. Hence access was restricted. The UK government has an agenda to attract major international events to the UK. DCMS will not be happy if the EFL punish a city for the impact of staging an event. The Crouch report is under consideration, so EFL...
  14. Colin Steins Smile

    CBS issues

    I do find it a bit odd behaviour by Grendel. I wonder if he applied for the CCFC CEO post when Boddy got it ahead of him 🤫
  15. Colin Steins Smile

    Is Vik on his way to Everton?

    Doing a deal to buy the club and the arena for any interested party is going to take months. Having to do a deal with two hedge funds sounds like the definition of hell on earths.
  16. Colin Steins Smile

    Match Thread ⚽️ Coventry City vs Huddersfield Town Match Thread - Saturday 20th Aug

    The main reason for conflicting information from the Wasps side is that if they admit the pitch is unsafe .....then they've just lost the court case for loss of income to CCFC. It's not difficult to understand!
  17. Colin Steins Smile

    CBS issues

    Totally agree - We're aware of "state aid" rules, audited accounts, umbrella companies and their subsidiaries, administration processes etc. and now football pitch technology
  18. Colin Steins Smile

    CBS issues

    I like your thinking! 😂
  19. Colin Steins Smile

    Match Thread ⚽️ Coventry City vs Huddersfield Town Match Thread - Saturday 20th Aug

    The EFL brought in an "INDEPENDENT AGRONOMIST" to inspect the pitch. The EFL's motivation at that point was to ascertain if CCFC were trying to pull a "fast one" and get a game called off with the potential to take disciplinary action. His finds stated it was "unsafe for players and officials"...
  20. Colin Steins Smile

    CBS issues

    I presume he will be inviting his "good friend" Lawrence Bassini to join his consortium ;) 😂😂😂
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