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  1. H

    Wasps going into admin & the impact on CCFC

    The debt and what SISU have put in are two entirely different things. The paper debt says £60m but in reality SISUs actual expenditure is far less
  2. H

    Wasps going into admin & the impact on CCFC

    Where are you getting this 60m from? The debt won’t go away - but the majority isn’t SISU money, it’s legacy and paper debt. the actual money owed to SISU is around 20m
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    Wasps going into admin & the impact on CCFC

    The value of Otium Entertainment is £0 it can’t diminish. SISU have shown over the past 10 years they would be happy for it to bubble at break even as part of an investment fund. this is something they would happily do again.
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    Wasps going into admin & the impact on CCFC

    World of pain? Every contract will have wage reductions, every player of value will be sold before the next season starts - they’ll have preparations for a relegation.
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    Wasps going into admin & the impact on CCFC

    *cough* Maguire-Drew, *cough* Josh Barrett*
  6. H

    Wasps going into admin & the impact on CCFC

    Again - you’re assuming they’re football people. They are not. and again - nobody has said they want a relegation - what they want is lower costs…if that means relegation -they ain’t bothered. if they Do get relegated they’ll cut the costs and bubble along until they decide to close or an...
  7. H

    Wasps going into admin & the impact on CCFC

    You literally just said “if we are within touching distance they’ll throw in some incentives and support.”
  8. H

    Wasps going into admin & the impact on CCFC

    They had that chance last year and didn’t
  9. H

    Wasps going into admin & the impact on CCFC

    You’re under the assumption they’re football fans. They look at CCFC as a business that’s losing x amount, since promotion that loss/expenditure has risen 10x. it’s a numbers only thing. There is no ambition to run a football club. As earlier on in the thread - if Sepalla gets offered what...
  10. H

    Wasps going into admin & the impact on CCFC

    The point being they’re not generally bothered about what league we’re in. They’ll put in minimal funding to ensure they don’t lose money. PL money would be nice, but they’re not willing to put the investment to get there
  11. H

    Wasps going into admin & the impact on CCFC

    Fucking hell nobody said they want relegation. the championship is a step too far for them. The Costs involved give them headaches. they don’t give a shit what league we’re in as long as the costs are down they operate a model which is easier in league one/two - The championship requires a lot...
  12. H

    Wasps going into admin & the impact on CCFC

    They want PL money on a league two budget.
  13. H

    Wasps going into admin & the impact on CCFC

    Nobody said they wanted relegation, it’s just the clubs Optimal running level. One which doesn’t really give SISU the added headache and costs. it was one at the holiday inn. If you want to go searching for the link then go for it, but I was there. So either take the witness statement or don’t
  14. H

    Wasps going into admin & the impact on CCFC

    There isn’t a link - it was said in a fans forum. Someone mentioned investment and he was going through how we operate. Said we don’t have the finances to just spend and the model we currently run won’t work in the championship.
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    Wasps going into admin & the impact on CCFC

    It was word for word - said our model won’t work in the championship. Same one they said they wouldn’t sell at the bottom of the cycle
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    Form For Tuesday

    Wigan 1-0 then
  17. H

    Wasps going into admin & the impact on CCFC

    What’s he said that’s incorrect? They had the chance they’ve waited for for 8 years. they’ve blown it and once again someone has swooped in again!
  18. H

    Wasps going into admin & the impact on CCFC

    Come on then tell us the story.
  19. H

    Wasps going into admin & the impact on CCFC

    How long has Ashley got to complete terms out of interest? Aren’t we 1 week in from Tuesday?
  20. H

    Wasps going into admin & the impact on CCFC

    Of course they’ve fucked up. The due diligence should have occurred at the NOI.
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