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  1. The Philosopher

    Wasps going into admin & the impact on CCFC

    Ashley sold Sports Direct didn’t he? House of Fraser now “HOF Stadium” might it be? Were he Hoffman in all this? Free naming rights and not a dickiebird.
  2. The Philosopher

    Wasps going into admin & the impact on CCFC

    I do wish people would stop referring to the Council getting or spending “their” money. It’s taxpayer money that they manage on our behalf. That they waste it on vanity projects or mishandle is a big cause of concern.
  3. The Philosopher

    Wasps going into admin & the impact on CCFC

    C’mon GIMOC, tell us more - we won’t out who you really are Gary.
  4. The Philosopher

    Wasps going into admin & the impact on CCFC

    It’s not ambition, but waiting it out and being prudent will see great progress for CCFC. So many Derby type situations where finances are precarious to say the least. Outside of those clubs backed by hugely wealthy lunatics, the cost of debt is going to spiral and Mr HMRC is going to be...
  5. The Philosopher

    Wasps going into admin & the impact on CCFC

    Let’s phrase it differently and see if you still think the same: “Coventry Council Tax payers should contribute for repairs on something that a big business was responsible for. Either taxpayers pay more or local services must get cut” People often forget where the Council get their money.
  6. The Philosopher

    Transfer Embargo?

    I saw that - huge coincidences all round but stuck to original thoughts due to the historic injury / team news / player pay knowledge. I know Overson had kindly put in some facility but unless he’s there day to day not sure he would so quickly have known about each COVID test and who was not...
  7. The Philosopher

    Wasps going into admin & the impact on CCFC

    Same model that SISU had but to be fair to MA he’s less likely to switch tap off as quick as SISU did. What would SISU take? £40m (£20m players the rest goodwill / Ryton etc) What’s the Arena going to cost? £40m with some other liabilities added? Is the whole CCFC plus Arena package worth...
  8. The Philosopher

    Wasps going into admin & the impact on CCFC

    To be fair to you you’ve been quite accurate with your predictions to date, ignore the gibbons on here who try to knock you. I’m going to now check you syntax and work out who you are 🤣
  9. The Philosopher

    Wasps going into admin & the impact on CCFC

    TBF if managed and funded right it’s not bad business sense to have the Wasps here - extra income from advertising at stadium (greater number of eyeballs on each advert) etc. Personally - rather they went back to London but I could see why MA might want to keep them here.
  10. The Philosopher

    Wasps going into admin & the impact on CCFC

    Ironically you can still buy a Hummel Wasps shirt from Sports Direct for 59.99 What does MA know? (Last bit is satire)
  11. The Philosopher

    Wasps going into admin & the impact on CCFC

    If there is an extension (and it looks like there will be) it’ll be interesting to find out who is putting the money in to pay the costs while this is going on? Stewarding Police Ongoing insurance I guess by extension it’ll be CCFC and gate receipts.
  12. The Philosopher

    Wasps going into admin & the impact on CCFC

    I wonder if SISU and Ashley are working together on this - it would make sense. MA would know that buying the stadium with SISU hostile is a big risk. It’s SISU’s best “out”. Use their leverage positions to make sure MA can get the stadium with the proviso that he then buys CCFC. Personally...
  13. The Philosopher

    Wasps going into admin & the impact on CCFC

    That sounds most likely and will probably avoid further potential SISU claim potential that would occur if we played at Walsall. They’ll have to show that some kind of deal is possible though, but with bidders like the NEC and Ashley at the table proof of funds and potential resolution is no...
  14. The Philosopher

    Wasps going into admin & the impact on CCFC

    And secured against the leasehold - checked the other day. Didn’t know amounts. My £80m absolute top line guess might be less laughable now.
  15. The Philosopher

    Wasps going into admin & the impact on CCFC

    As I’ve said. It’s unlikely it’ll be sold as a going concern before deadline. Next level is admin but the debt is secured via bonds and the lease has covenants which might give SISU legal angle. After that is liquidation and the question is if the lease reverts to CCC
  16. The Philosopher

    Wasps going into admin & the impact on CCFC

    So when I’m going on about debt being attached and the potential that SISU attaching the potential Legal’s on…..
  17. The Philosopher

    Wasps going into admin & the impact on CCFC

    Apparently SISU and Ashley in on the mix.
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