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  1. Colin Steins Smile

    Ben sheaf

    I would not be surprised to see a bid for Sheaf during the January transfer window.
  2. Colin Steins Smile

    Wasps going into admin & the impact on CCFC

    The Daily Mail article stating that Mike Ashley was looking to pick up CCFC on the cheap was interesting. Either it was designed to wind up Joy Seppela or prepare the ground for an initial low bid. I'm not sure it was a great move.
  3. Colin Steins Smile

    Wasps going into admin & the impact on CCFC

    SISU are in a fix. The reported figures that will be part of an investment portfolio in CCFC is higher than I feel can be realised. This is partly due to the very high rate of interest that SISU charge. As others have constantly stated on here the actual amount SISU has externally invested into...
  4. Colin Steins Smile

    Wasps going into admin & the impact on CCFC

    It's fairly irrelevant what "investment" has been made into any business, IF the owner decides to sell. The market will determine the value. Unfortunately, if SISU value CCFC/Otium, etc at £60M they will not find a buyer. £30M seems far more realistic.
  5. Colin Steins Smile

    Wasps going into admin & the impact on CCFC

    If they sell for less than the listed amount on their investor accounts, then they've got a lot of explaining to do. There is no way that they'll realise that sum. Hence, they're stuck & we might be stuck with them for a bit longer. Lets hope their other investments are making massive profits...
  6. Colin Steins Smile

    Wasps going into admin & the impact on CCFC

    I worry that SISU may react with an asset stripping strategy of selling every sellable player in January to recoup as much money as possible. That could be circa £20m and then look to sell the club, as we get relegated.
  7. Colin Steins Smile

    Wasps going into admin & the impact on CCFC

    That reads as admin. I'm not surprised, as why would anyone want to buy it with the debt attached? A stadium with no debt attached = more attractive.....even when it needs a bit of maintenance and aa lot of horrible wasps signs needing removal
  8. Colin Steins Smile

    Wasps going into admin & the impact on CCFC

    Have the NEC [Blackstone] factored in the obvious possibility that they'll be left with a stadium and no resident club. SISU have a consistent track record of relocating CCFC. It seems a strange decision to buy the CBS with SISU owning CCFC
  9. Colin Steins Smile

    Ben Wilson

    Wilson's distribution is terrible. He doesn't come for any crosses and his positioning at time is suspect. It's time for Moore to be given another chance....hopefully he's had time to reset.
  10. Colin Steins Smile

    Robins message to sisu

    MR sounded fed up and he’s absolutely right a club and the ownership of stadium & training ground should be part of the “golden share”. Lets hope our government doesn’t cave in to the corporates & bin the independent regulator, who would introduce this!
  11. Colin Steins Smile

    Wasps going into admin & the impact on CCFC

    Pride park is older that the the CBS and doesn’t have an exhibition hall or additional land for development. In terms of the actual state of the structure of the CBS…. How accurate are those estimates?
  12. Colin Steins Smile

    Wasps going into admin & the impact on CCFC

    The prospect of bringing the club and stadium under one owner is something that we’ve discussed at length. Interestingly, the administration report on Derby county has reported the club was sold for £17.6m and I understand that Pride Park was sold for £20-22m . That probably gives an indication...
  13. Colin Steins Smile

    Wasps going into admin & the impact on CCFC

    You must be Brummie "Nick"
  14. Colin Steins Smile

    Wasps going into admin & the impact on CCFC

    That's a question that could be asked on "Who wants to be a millionaire" for the £1m.
  15. Colin Steins Smile

    Wasps going into admin & the impact on CCFC

    Okay - then let CCC put short -term funding in until the WC break and then let liquidation ensue. Hopefully, a new buyer could be sought in the WC break.
  16. Colin Steins Smile

    Injuries

    Is some of MR's decisions based on funding for players? Players contracts will have appearances clauses and if a player gets and additional £1k for stepping onto the pitch as a sub ....that can add up over a season. MR is not only having to make performance decisions, but is also having to make...
  17. Colin Steins Smile

    Wasps going into admin & the impact on CCFC

    It's definitely time to fill our councillors inbox with emails stating the CCC should step in with one months funding to allow the CBS arena to continue trading whilst a buyer is sought.
  18. Colin Steins Smile

    Wasps going into admin & the impact on CCFC

    From my understanding of the current scenario, we have a situation whereby the stadium could be shut down whilst a new buyer is sought and matches, exhibitions and other events are stopped. The problems are related to the processes involved with liquidation, in that the governance structures...
  19. Colin Steins Smile

    Wasps going into admin & the impact on CCFC

    I think that any administrator would want to continue to realise income streams for the arena. This would give them more time to seek a buyer at the best price possible. They might slim down the staffing to maximise revenues, so staff in management positions would be reduced as they'll be the...
  20. Colin Steins Smile

    Wasps going into admin & the impact on CCFC

    That’s a blow . I was going to wheel my barbecue along on Saturday to cook some sausage and beef burgers !
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