1. The Philosopher

    Wasps going into admin & the impact on CCFC

    And fair play to Shmmeee for sticking to his guns. He makes some valid points, not ones necessarily that many agree with, but it’s been a massive pile-on on here.
  2. The Philosopher

    Wasps going into admin & the impact on CCFC

    The administrator won’t be working for nothing. The £1m plus vat (1.2m) “exclusivity” fee sounds like an administrator’s bill to me. Why do you think it’s put forward separately? What are your thoughts on why?
  3. The Philosopher

    Wasps going into admin & the impact on CCFC

    Can anyone explain why £35m for a stadium and the associated other income streams that cost £113m (2005 money - £175m now?(Wiki)) to build is “too much”, “out of SISU’s and their backer’s reach?” Is it not more likely that MA and his team have been a bit sharper in manoeuvring to exclusivity...
  4. The Philosopher

    Wasps going into admin & the impact on CCFC

    It appears that the £1m paid for exclusivity is the key. No firm legally binding bid was clearly made, an indicative offer and the ability to fund “£X million” MA could clearly show, perhaps why he got PB status.
  5. The Philosopher

    Wasps going into admin & the impact on CCFC

    Not a trick question: Would reuniting the club and stadium income enable any potential owner (eg MA) to be more flexible under FFP rules?
  6. The Philosopher

    Wasps going into admin & the impact on CCFC

    This to me is far more interesting than watching some wannabe celebs eating ring pieces in a jungle. Proper twists and turns about things I find interesting: law, finances, politics and most of all CCFC.
  7. The Philosopher

    Wasps going into admin & the impact on CCFC

    Looks like the Bondholders could do worse than find an alternative partner. The fact is company number 04187289 (Wasps) has gone (think of it as just a company number for a minute) and the creditors of the group (including Richardson) want the proceeds of the sale of the Arena Lease. The...
  8. The Philosopher

    Wasps going into admin & the impact on CCFC

    1.2m sounds like 1m plus VAT to the administrator to me to try to get the stadium on the cheap. Administrators = crooked. Never met à straight one.
  9. The Philosopher

    Wasps going into admin & the impact on CCFC

    I’m not sure it really is £13m repairs or if they have to be done straight away.
  10. The Philosopher

    Wasps going into admin & the impact on CCFC

    Sounds cheap. Build another one for £17m, even if a little run down now. Exactly.
  11. The Philosopher

    Wasps going into admin & the impact on CCFC

    Any nonsense about “exploratory conversations by council officers” sounds utter bilge. Why would the Wasps board have a vote about a £60m “exploratory conversation” BS. This will be fun.
  12. The Philosopher

    Wasps going into admin & the impact on CCFC

    And the Council even thinking about £30m more of taxpayer money to cover Wasp failure. Scandalous.
  13. The Philosopher

    Wasps going into admin & the impact on CCFC

    Normally if it’s a secured asset, but this case seems to be defying normalcy.
  14. The Philosopher

    Olympiacos Friendly

    Any confirmation elsewhere? Any ideas if this is going to be in Greece or if at a neutral venue in Spain? I fancied a few days of avoiding Christmas music in every shop and on every advert.
  15. The Philosopher

    Wasps going into admin & the impact on CCFC

    Duggins is either a bare faced liar or has so little respect from the senior Council members that they feel they can do as they please. Either way, it’s not a good look.
  16. The Philosopher

    Championship 22-23

    Luton are going to struggle without Nathan Jones. In many ways there are a club with parallels to us. Manager that did well for them, left, did badly, returned, did well again. We’ve followed them up the Leagues about a year later. Similar budget. Seem to have a fighting team spirit at the...
  17. The Philosopher

    Heads out of arses

    I think a great many people were feeling a bit worried when we were 7 points adrift, especially when we’ve lost a solid defender, couldn’t sign another, had lost Maatsen & JCS, Robins sounded a bit dejected, silly mistakes, no Cal, squad seeming to have a little less depth. I thought we’d be in...
  18. The Philosopher

    Heads out of arses

    That’s true. Gyok thought process: “Right, I’ve turned my marker, got into the box time to lay it to one of the attacking mids I’ve caught in the corner of my eye who are running in - they will be able to hit the target” (looks up, it’s Calum and Jamie) “Holy fooks, gonna have to shoot myself”.
  19. The Philosopher

    Wasps going into admin & the impact on CCFC

    I’m going to mute you. You rarely have anything to contribute other than sarcasm and drivel. Sad and boring.