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  1. S

    Wasps going into admin & the impact on CCFC

    There was never a land of milk and honey it would have always been a year on year grind!
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    Match Thread ⚽️ Coventry City vs Sheffield United Match Thread - Wednesday 19th Oct

    Going in to the game I'd have taken a draw. Solid defending yet again and let's be honest Sheff Utd defended really well too. Not much going forward for either side but we did ride our luck.
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    Wasps going into admin & the impact on CCFC

    A few other companies registered at the address which I think is a service solicitors provide got worried when I saw the bit below about NEC but think it's a red herring. Kinetic Orange Limited - Company Profile - Endole
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    Wasps going into admin & the impact on CCFC

    Can we just fast forward to the bit where we know now please...
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    Wasps going into admin & the impact on CCFC

    if we get the stadium...
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    Wasps going into admin & the impact on CCFC

    If the owner wasn't SISU though they may choose to do something different especially if they wanted the club to have more to spend against the FFP cap.
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    Wasps going into admin & the impact on CCFC

    I'm not so sure, if you had a football nut owner why wouldn't you package the ground under CCFC?
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    Wasps going into admin & the impact on CCFC

    I agree 100% I will be fucking delighted if we are finally the masters of our own destiny.
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    Wasps going into admin & the impact on CCFC

    Could mean more pitch issues etc also would depend on the type of admin/liquidation for the arena as to if it would break the lease. A straight sale should in theory retain the lease.
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    We're gonna have a party ...

    Not going to have a party about wasps but if we do get ownership of the arena I'm getting lit up!
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    Wasps going into admin & the impact on CCFC

    This is why I can't bring myself to celebrate you could ask why choose to go and work for a basket case club like wasps but a lot of clubs in the premiership could be in the same boat. I'm pleased that CCFC may finally get the arena they spent so much time effort and money to create though of...
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    Wasps going into admin & the impact on CCFC

    You would say it wasn't entering administration if you thought you had a line of credit. If that is pulled then and that was your working capital that's the point you'd probably need to hold your hands up. Unless of course other options were available.
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    Wasps going into admin & the impact on CCFC

    Depends it they are failing, it can sometimes be cash flow issues etc. In this case I do think it's a failing business but the directors will be bought in to the project and may have truly believed they could turn it around with time.
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    Wasps going into admin & the impact on CCFC

    Hmmm unless it was purchased with a loan from the director that they have defaulted on so therefore the asset transfers? Not sure how else they could do it.
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    Wasps going into admin & the impact on CCFC

    I imagine this would be a difficult one to prove. Many many companies are loss making for a number of years when they are created. If you have lines of credit and a business plan you could so seen as a going concern. They will point to the fact HSBC nearly leant them money etc.
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    Palmer

    To be fair I'm making an assumption it's fitness. I wouldn't have thought if it was more about discipline he would have bought him on when trying to protect a lead?
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    Palmer

    I couldn't agree more. I thought he has been great most the time he's played. Build up some fitness and he could be a hell of a player.
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    Match Thread ⚽️ Cardiff City vs Coventry City Match Thread - Saturday 15th Oct

    I don't disagree he's a great player when he's on it. But I wouldn't jam him straight back in after the time out.
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    Palmer

    I think bringing him in slowly isn't a terrible idea as he gets to match fitness.
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    Match Thread ⚽️ Cardiff City vs Coventry City Match Thread - Saturday 15th Oct

    Not so sure, I think MR may bench him for the first half. I like Hamer a lot he can be a great player when he's on it but I wouldn't change a winning side.
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