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  1. The Philosopher

    Wasps going into admin & the impact on CCFC

    ….other than Ashley See your point.
  2. The Philosopher

    Wasps going into admin & the impact on CCFC

    I reckon fat lady was in the recording studio earlier and has laid down an album.
  3. The Philosopher

    Wasps going into admin & the impact on CCFC

    How about this: MA pays £30m for 51% of the club. The other 49% stays with SISU at 4% over LIBOR or similar and redeemed at promotion to PL for say, 30m That way SISU don’t have control and haven’t damaged their balance sheet.
  4. The Philosopher

    Wasps going into admin & the impact on CCFC

    Hence I can see Wasps being back. If the rest of the arena business makes some money then why not have a little bit from Wasps. Probably gets around some lease terms as well. It’s how the CBS naming rights tie in that is interesting Wasn’t that deal on the basis of CCFC being there? If that...
  5. The Philosopher

    Wasps going into admin & the impact on CCFC

    When long term lease expires it’ll be difficult to evict CCFC under normal terms. Normally the leasee (CCFC) would ask for a renewed lease under equivalent terms and it should be granted. Rent could increase but there are protections in place. However, Ashley could get round it but it’d be...
  6. The Philosopher

    Wasps going into admin & the impact on CCFC

    Lease assignment in event of insolvency event clause. I guess they have to be onside to assign. Ashley won’t be buying the company ACL, just the lease.
  7. The Philosopher

    Wasps going into admin & the impact on CCFC

    It’s about smoke and mirrors on this one. So long as SISU don’t have to lose the ability to earn off their investment or the ability to show that they have an asset of (guess, cba to argue the exactments) £60m then they cannot and will not sell.
  8. The Philosopher

    Wasps going into admin & the impact on CCFC

    If they create some rent income and additional spend then why not? They may return to Top level and get 10000 plus again in a couple of years. That’s not what we’d want of course but in his shoes…..
  9. The Philosopher

    Wasps going into admin & the impact on CCFC

    SISU situation was always that they can’t afford to crystallise their debt / investment. They will stay unless: SISU overall goes under and they have to sell They can sell for their “investment” figure They can sell their investment and park it for an acceptable return ——- So long as CCFC...
  10. The Philosopher

    Wasps going into admin & the impact on CCFC

    (not saying I’m someone’s clever but dealt with similar recently) It should be protected under the 1954 act if the lease was registered. Not sure about sub-lease but occupancy rights for a business are usually strong. Newco must abide by or grant lease on equitable terms...
  11. The Philosopher

    Wasps going into admin & the impact on CCFC

    Maybe, But clearly they’ve had significant contact and dealings in the recent past. I can totally imagine Ashley reaching out to him to have at least got some info of late if not more.
  12. The Philosopher

    Wasps going into admin & the impact on CCFC

    I find it all rather intriguing. Besides wanting best for CCFC I like watching the strategy and legal angles being played out. In a few months / years we might look back at how pivotal these few days are being. Geekishly sad, I know
  13. The Philosopher

    Wasps going into admin & the impact on CCFC

    Hmm. How close are Hoffman and Ashley. It looks like they’ve had some dealings. https://www.chroniclelive.co.uk/sport/football/football-news/newcastle-takeover-premier-league-resign-22185684
  14. The Philosopher

    Wasps going into admin & the impact on CCFC

    Was he wearing crocodile shoes? Was it Jimmy Nail?
  15. The Philosopher

    Ex Player Watch

    I think he’s a Cov fan now. I reckon he’d have given us a pen in the last minute if we were losing.
  16. The Philosopher

    Wasps going into admin & the impact on CCFC

    It’s a tricky one. Could it be implied that he had some kind of control / influence over CCFC with the finances. I admit it’s probably a grey area but the inference is that if he were to in future buy, say, Birmingham and their ground would they allow that? He could technically move them? He...
  17. The Philosopher

    Wasps going into admin & the impact on CCFC

    That point about conflict of interest if Ashley buys the stadium is a valid observation. Don’t think anyone else has noticed and mentioned that.
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