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  1. tisza

    Wasps going into admin & the impact on CCFC

    Story was that concerns were raised last time stadium was valued for bond purposes. But obviously Wasps couldn't afford to have stadium value decreased.
  2. tisza

    Wasps going into admin & the impact on CCFC

    When they stopped handing out so many free tickets and no-one was coming back to buy them?
  3. tisza

    Wasps going into admin & the impact on CCFC

    2021 accounts show Richardson owed 18m still and his Maltese company 10.6m (with charges)
  4. tisza

    Wasps going into admin & the impact on CCFC

    There is around 30 million owed to Richardson personally and his Maltese hedge fund.
  5. tisza

    Wasps going into admin & the impact on CCFC

    Didn't they miss 2 league games? Wasps don't field a side Oct 30th (next league game) then they are gone.
  6. tisza

    Wasps going into admin & the impact on CCFC

    Lots of models make sense if absolutely everything falls into place -but things rarely fall exactly into place. Organisation used the 35 million to clear existing debt - council & Richardson. But so many flawed assumptions were made in costing the move.eg how many paying supporters they could...
  7. tisza

    Wasps going into admin & the impact on CCFC

    Wrote one good piece then a load of lazy rubbish afterwards
  8. tisza

    Wasps going into admin & the impact on CCFC

    Got curious so checked the 2019 accounts. There was 12.5m CVC cash and they revalued the P share upwards by 4.1m. otherwise they would have lost around 11m that year. So one off income of 16.6m hiding the fact that it was always a business still losing around 10m a year. Or at 17 pound a ticket...
  9. tisza

    Wasps going into admin & the impact on CCFC

    Yes. There's accounts available online.
  10. tisza

    Wasps going into admin & the impact on CCFC

    Vaughan said it was pre-Covid so maybe a bit early for Commonwealth games? Plus Commonwealth games cash probably went to ACL?
  11. tisza

    Wasps going into admin & the impact on CCFC

    Trained there for a while
  12. tisza

    Wasps going into admin & the impact on CCFC

    Players would be mad to use it. Pick up an injury and kiss goodbye to a new club
  13. tisza

    Wasps going into admin & the impact on CCFC

    Possibly when they had a big chunk of money from CVC Premiership deal
  14. tisza

    Wasps going into admin & the impact on CCFC

    he's got to try and justify his mismanagement somehow
  15. tisza

    USSR invades Ukraine.

    Putin can't accept this. He argues the former Eastern bloc countries shouldn't be in NATO and that potential Ukrainian memberhip of NATO was a cause of this war. Ukraine can't accept neutrality as they can't trust Russia going forward. There's already a big issue of Russia creating majority...
  16. tisza

    Wasps going into admin & the impact on CCFC

    Key point is Rugby Union isn't big enough at club level to support more than 10 professional clubs. Of those several are still bankrolled by wealthy owners. A lot of fuss around Ealing but their attendances are tiny and they just seem to have disaster written all over them when the current...
  17. tisza

    Wasps going into admin & the impact on CCFC

    So there's another council Wasps have made complete mugs of.
  18. tisza

    Wasps going into admin & the impact on CCFC

    Was Exactly this. It all got far too personal for some of them. Dislike of our ownership clouded decision-making and the actual club, its fans and place in the city were overlooked.
  19. tisza

    USSR invades Ukraine.

    Key issue as it also raises the subject of what can be done to protect Ukraine's long-term security. If it's not NATO membership then what other options are there? NATO membership is provocative but what else is there? Russia promises not to invade again? Russian promises not worth anything as...
  20. tisza

    USSR invades Ukraine.

    So Musk upset by forthright response from Ukraine to his suggestion that they should consider ceding territory to Russia. Buys Twitter as he says it was suppressing free speech. Yet prepared to encourage the enlargement of a country where anti-govt media is suppressed and govt opposition can...
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