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  1. Grendel

    Wasps going into admin & the impact on CCFC

    well it seems Ashley is paying £44m for the arena and £60m for CCFC…
  2. Grendel

    Wasps going into admin & the impact on CCFC

    No it isn’t. If the preferred buyer buys at less that’s it. The purchase price will be nowhere near that for the lease
  3. Grendel

    Wasps going into admin & the impact on CCFC

    I doubt it’s that deep There will be some comment after the dust settles. It would be interesting to know what actually led to the sale of Hyam. It is conceivable the investors needed paying and not cash flow. That’s alarming for January Seppala and Ashley have similar values. Distress and...
  4. Grendel

    Wasps going into admin & the impact on CCFC

    As OSB says the EFL would really have no justification to sanction another move Even if they did what supporters (other than Frank) would accept it? At that point as well surely Robins would have to walk. Options running out
  5. Grendel

    Wasps going into admin & the impact on CCFC

    No I don’t think they have and it’s likely bond holders will claim the P Share as part of the assets to be resold
  6. Grendel

    Wasps going into admin & the impact on CCFC

    Probably because he’d have to actually pay for it
  7. Grendel

    Wasps going into admin & the impact on CCFC

    Cant see Ashley buying the lease for anything close to £25m - the valuation is driven down by the £13m dilapidation requirements There is some talk of a separate refinance to them which again is on his terms as the preferred bidder. Also they have security over assets with wasps holdings so the...
  8. Grendel

    Maximum Biamou

    He would have them back if they are good. Biamou was rubbish
  9. Grendel

    Maximum Biamou

    No reading could due to the professional standing exemption - that’s not applicable to us
  10. Grendel

    Wasps going into admin & the impact on CCFC

    Sisu gave Thorn a contract
  11. Grendel

    Cian Tyler

    Jordan Thompson is there
  12. Grendel

    Maximum Biamou

    That’s going to be mass mourning on twitter
  13. Grendel

    Wasps going into admin & the impact on CCFC

    Its been explained over and over again to you but oddly you just ignore it. Ccfc owner related debt is in that region Still even a 12 year old wouldn’t claim wages to be £3 to £4 million would they
  14. Grendel

    Wasps going into admin & the impact on CCFC

    no they have ccfc at far less than that
  15. Grendel

    Wasps going into admin & the impact on CCFC

    Lets put your financial acumen into context Two days ago you stated that Ccfc paid its staff between £3 and £4 million a year Yes you claim to have an accounting background and you actually put in writing championship Coventry City with championship players we’re paying all staff (not just...
  16. Grendel

    Wasps going into admin & the impact on CCFC

    He said “if she wants out” - so the top end valuation is irrelevant as it’s a figure no one will pay
  17. Grendel

    Wasps going into admin & the impact on CCFC

    ironically it’s what @The Philosopher does all the time
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