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  1. The Philosopher

    Wasps signs have actually gone!!

    Great insight. Probably funded externally from imaginary money tree? I’d wager added to “investment”. They don’t seem to be flush with spare money to write off on legals. But ok I’m totally wrong and you win the Internet points.
  2. The Philosopher

    Wasps signs have actually gone!!

    It’s a long way back but when they “saved us” they were carrying a load of debt to GR. Don’t pin me on it but I think it was £25m to him and a load to others. When they went into admin they had debts of (memory) £60m including that which they had put in themselves. After admin they wrote off...
  3. The Philosopher

    Doug King Takeover

    Coincidentally I’m just listening to a Mark Hateley interview on “Open Goal”. Don’t know when it’s recorded but he’s wearing a cap indoors so maybe it’s just after he’s been to Turkey to get some stuck in. I also read Lee Sharpe’s book where he calls Hateley “Topper” - you know the type - if...
  4. The Philosopher

    Wasps signs have actually gone!!

    I assumed something similar (but experts on here did their “you’re wrong ner ner ner” thing. ) SISU did a fair few quid of investor money in to start, moved it around so it looked like they hadn’t, put a bit more in and have been showing “returns on investment” on paper all the way through...
  5. The Philosopher

    Doug King Takeover

    Exactly, notorious criminals.
  6. The Philosopher

    Ball 13 in F.A cup

    Could also be the type of game a NL defender with a point to prove does Vic an injury
  7. The Philosopher

    Ball 13 in F.A cup

    Type of game for Moore / Kane / Walker maybe but not loads of kids.
  8. The Philosopher

    Ball 13 in F.A cup

    I’m sure I’ve read somewhere that FFP doesn’t apply in the NL and teams like Wrexham can outspend L1/2 clubs. Your point about Mullin stacks up. Bangs 30 odd goals in L2 for Cambridge who then get promoted to L1. Drops to non-league at aged 26 rather than play L1. That’s not normal. Not an...
  9. The Philosopher

    Doug King Takeover

    Just a question on this:- If the Times article is dated August 2 Hedge fund puts Coventry City football club in play The hedge fund owner of Coventry City FC is open to offers from a buyer with the clout to capitalise on financial difficulties at Wasps, the rugby team that o...
  10. The Philosopher

    Wasps signs have actually gone!!

    I’m sure they could theoretically let their investors down, but as you correctly state they would be damaging their own reputation. This would have a knock on effect throughout their book if investors started shying away. It looks to me that they’ve almost led investors down a path where they...
  11. The Philosopher

    Doug King Takeover

    Hey @richnrg careful that Storey doesn’t try to sue you for having that username. (Satire)
  12. The Philosopher

    Doug King Takeover

    Briefly? King of shaves bloke being called out by Need-a shave bloke
  13. The Philosopher

    Wasps signs have actually gone!!

    It did sound like the Rugby Prem bods had left the door open: Something like “relegated unless they can prove exceptional circumstances such as COVID”. Surely they’ll appeal and try to get the P Share income. That said, signs down, little more optimistic that they won’t be back at CBS, was...
  14. The Philosopher

    Wasps signs have actually gone!!

    “Sports Direct Sale Now On” sign will be up next.
  15. The Philosopher

    Wasps signs have actually gone!!

    I think the point is if you want to sell your house, have a mortgage for £500k “ spent the intervening years doing virtually no upkeep on it and smashed a whole through the roof that I'm currently covering up with polythene and gaffer tape.” and it’s worth £250k. You can’t afford to sell it...
  16. The Philosopher

    Doug King Takeover

    And that there is the problem. Recent MP led inquiry into how Rugby has got into such a mess might lead to how “community asset” sports businesses are run. Better governance required.
  17. The Philosopher

    Doug King Takeover

    I stuck up for Joy recently but this again shows a lack of judgement on her behalf. Signing something with someone with a history (that could only take 10 mins to check) of playing silly buggers and breaking deals, with no apparent wealth on paper (lunatics with no money don’t care if they are...
  18. The Philosopher

    Doug King Takeover

    I’d like to know if Storey would pass fit and proper test. Several liquidated companies and numerous late filings. Ok, not a disqualified director but the EFL need to raise the bar.
  19. The Philosopher

    Doug King Takeover

    A few of us were bemused why SISU had gone quiet. Makes some sense if they were bound by NDAs etc. More potential legal battles and a missed opportunity to get the stadium. Life as a CCFC fan is never boring.
  20. The Philosopher

    Doug King Takeover

    Storey, backed by Steve (Goodman / Dudman- hard to hear) and Mills had agreed heads of terms with SISU. Exclusively deal until about 10 days before King deal. King on record has said “negotiating for a couple of weeks” Storey lodging complaint with EFL to try to stop King deal. I think that’s...
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