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  1. Rusty Trombone

    Wasps in talks to takeover Ricoh

    “I’ve made it clear and it’s no secret I am prepared to talk to, and do business with, any sensible legitimate business person with any offer to make. Nothing is ruled in and I have never ruled anything out. “I’ve never said I would favour any organisation and I’ve definitely not said I would...
  2. Rusty Trombone

    Wasps want to play on Saturdays...

    No consultation. http://www.coventrytelegraph.net/news/coventry-news/coventry-rfc-chairman-says-werent-9076482 The chairman of Coventry RFC says the club were “surprised” to hear that Wasps planned to play some home fixtures on the Saturday. Jon Sharp says the Butts Park Arena outfit had...
  3. Rusty Trombone

    Sisu pr

    When Fisher came out with the 'cashflow positive' statement it was quite correctly pointed out that this means nothing without context. The turnover statement by Wasps is also rather meaningless without context and comparative info.
  4. Rusty Trombone

    Colchester match thread

    When I look back at old team sheets we often look far stronger than the team that beat us, in years to come I'll be wondering the same thing when I look back. The slight difference being I won't remember some of our team. Poor game, 0.0 today.
  5. Rusty Trombone

    If We Hadn't Got Rid of Richardson....

    Do you not accept that the debts were coming down, and that maybe he was on a journey of continuing to reduce the debts, I don't know if that would have happened but I think there's merit in the suggestion. If I'm understanding Grendel's reasoning he would agree that Pompey left it too late...
  6. Rusty Trombone

    If We Hadn't Got Rid of Richardson....

    I'll believe the accounts, if they said £25m or so, then that's the figure I'd believe. The telegraph report at the time I referred to said the lower figure. Most, if not all clubs were in debt and trying to survive at the time, we were enjoying the money being spent on players we wanted to...
  7. Rusty Trombone

    If We Hadn't Got Rid of Richardson....

    Try again?? It's a completely different question!! We were in a lot of debt, but it's misleading to say £60m when the reality was less than half that, that's all I'm pointing out. Maybe there's misunderstandings around net debt and total debt. There were delays in the build weren't there, was...
  8. Rusty Trombone

    If We Hadn't Got Rid of Richardson....

    The accounts aren't going to be wrong from 3 months after he went, so it's pretty clear the net debt wasn't £60m. I don't have a clue why they didn't borrow more to do the land deal, maybe they knew it would all get ploughed back into the build so would it make any difference?
  9. Rusty Trombone

    If We Hadn't Got Rid of Richardson....

    91? Post it up and I'll have a read. Cheers.
  10. Rusty Trombone

    If We Hadn't Got Rid of Richardson....

    The debt level is disputed by BR, would be nice to know the full truth, but the figures per BR seem more accurate. - Asked about the club’s huge reported debts when he left in January 2002, he insisted: “Can you imagine a club like Coventry being allowed by its bank to get £59m in debt...
  11. Rusty Trombone

    If We Hadn't Got Rid of Richardson....

    I want to help save Coventry City, says Bryan Richardson http://www.coventrytelegraph.net/sport/football/football-news/want-help-save-coventry-city-3026911 An old link, I wonder whether he ever got in touch with SISU, or maybe it was just a spurious headline. :)
  12. Rusty Trombone

    The low down on ARVO

    The numbers are key to the concept. Are you now suggesting in your theoretical scenario that the club will own the management company and will be responsible for the loan repayments?
  13. Rusty Trombone

    The low down on ARVO

    Bristol City are redeveloping 3 stands for £45m.
  14. Rusty Trombone

    The low down on ARVO

    So, the land and buildings will be big enough to incorporate other businesses, and all for a total price of around £18m. Looks like it doesn't add up.
  15. Rusty Trombone

    The low down on ARVO

    So the management company would need to find £1.5m a year just to pay the £20m loan over 30 years at 6%. I don't think that would end well for them.
  16. Rusty Trombone

    "Nothing in particular " games that linger in the memory......

    97/98 away at Bolton, they were second bottom, we were two points above them. Went one down and got it back to one all at half time, second half everything went for us and we won 5.1. I remember waving to the Bolton fans and taking the piss, then shitting myself on the way out of the ground in...
  17. Rusty Trombone

    Rugby: Would you go?

    Agree with all that Chief, if a new ground was to be fairly close then whether its technically in Cov wouldn't stop me from going. The main thing that's making me consider not getting another season ticket is that there's been very little entertainment on offer.
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