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Arena dilapidation costs - £12.9m over next 3 years (2 Viewers)

  • Thread starter MalcSB
  • Start date Nov 18, 2022
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Sky Blue Pete

Well-Known Member
  • Nov 21, 2022
  • #106
jordan210 said:
Wasps kept saying the arena was a profit making business. We it appears the reason it made a profit was because they never did nay maintenance.
Click to expand...
Good point that is
 

shmmeee

Well-Known Member
  • Nov 21, 2022
  • #107
Mucca Mad Boys said:
I can’t see Wasps returning. They have gates of sun £7k and the ground was the reason d’être for moving to Coventry.

Day-to-day, the CBS is arguably too big for us, let alone a rugby club.
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As an asset though the pitch is earning £0 when it’s not used so any rent whatsoever will ameliorate that a bit.
 

Mucca Mad Boys

Well-Known Member
  • Nov 21, 2022
  • #108
shmmeee said:
As an asset though the pitch is earning £0 when it’s not used so any rent whatsoever will ameliorate that a bit.
Click to expand...

From Mike Ashley’s POV, you’re not wrong. But from a Wasps POV, losing the CBS has killed any reason for them to remain in Coventry. There really isn’t the interest from the city.

After you they went into admin, the Coventry project was dead. Avoiding admin was one of the stated aims of moving in the first place.
 

ccfcrob

Well-Known Member
  • Nov 21, 2022
  • #109
Bugsy said:
GIRPI is a French manufacturer of piping systems produced from synthetic materials, used in place of copper and steel for domestic hot and cold potable wate, low temperature heating, chilled water, air conditioning, technical drainage and rainwater recovery networks.
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Remind me to never sit next to you at a dinner party
 
Reactions: Londonccfcfan

Ian1779

Well-Known Member
  • Nov 21, 2022
  • #110
Philosorapter said:
Does anyone have any idea why Ann Lucas fucked off in a hurry?
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Gremlins doing a re-boot?
 
Reactions: robbiethemole

shmmeee

Well-Known Member
  • Nov 21, 2022
  • #111
Mucca Mad Boys said:
From Mike Ashley’s POV, you’re not wrong. But from a Wasps POV, losing the CBS has killed any reason for them to remain in Coventry. There really isn’t the interest from the city.

After you they went into admin, the Coventry project was dead. Avoiding admin was one of the stated aims of moving in the first place.
Click to expand...

Until I see a press release saying they’re playing in London next season I’m not assuming anything.
 
Reactions: AOM, Old Warwickshire lad and Sky Blue Pete

Mucca Mad Boys

Well-Known Member
  • Nov 21, 2022
  • #112
shmmeee said:
Until I see a press release saying they’re playing in London next season I’m not assuming anything.
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Even if they did decide to stay, they wouldn’t be a threat anymore. Their days are numbered and the interest just isn’t there for them to justify staying at the CBS.
 
Reactions: torchomatic

fernandopartridge

Well-Known Member
  • Nov 21, 2022
  • #113
Wasps' new owners have already made sounds about a return to London.

I'd imagine that anybody would want a fresh start, the move to Coventry was an unmitigated disaster resulting in their relegation. Why on earth would they ever move back here?
 
Reactions: Mucca Mad Boys

Sky Blue Pete

Well-Known Member
  • Nov 21, 2022
  • #114
shmmeee said:
Until I see a press release saying they’re playing in London next season I’m not assuming anything.
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Very wise
 
Reactions: Old Warwickshire lad
B

Brighton Sky Blue

Well-Known Member
  • Nov 21, 2022
  • #115
shmmeee said:
Until I see a press release saying they’re playing in London next season I’m not assuming anything.
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Which is fair enough. But if the new ownership are comprised of 'legends' from the club's mostly London past, they'll want to go back there if possible.

Until those insect signs are pulled down assume nothing
 
Reactions: Sky Blue since 92 and Sky Blue Pete

chiefdave

Well-Known Member
  • Nov 21, 2022
  • #116
Didn't it once get said by the club at one of the meetings that we lost money putting on early round cup games because there weren't enough people there to cover costs?

Wasps would be losing money every week. They couldn't get a half decent crowd playing in the top division and giving tickets away, why would anyone be interested in seeing them in the Championship. If you want Championship rugby go watch CRFC.
 

shmmeee

Well-Known Member
  • Nov 21, 2022
  • #117
chiefdave said:
Didn't it once get said by the club at one of the meetings that we lost money putting on early round cup games because there weren't enough people there to cover costs?

Wasps would be losing money every week. They couldn't get a half decent crowd playing in the top division and giving tickets away, why would anyone be interested in seeing them in the Championship. If you want Championship rugby go watch CRFC.
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They clearly couldn’t cover the cost of the damage to the pitch they do either.
 

Robinshio

Well-Known Member
  • Nov 21, 2022
  • #118
Sky Blue Pete said:
Good point that is
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But the auditors should have picked up that as a commitment not provided
Surely they are grossly negligent
 

MalcSB

Well-Known Member
  • Nov 21, 2022
  • #119
shmmeee said:
They clearly couldn’t cover the cost of the damage to the pitch they do either.
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And the additional cost of maintaining a pitch at football quality if Wasps stayed there would have to be taken in to account in any rental agreement with them.
 
Reactions: shmmeee
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skyblu3sk

Well-Known Member
  • Nov 21, 2022
  • #120
shmmeee said:
As an asset though the pitch is earning £0 when it’s not used so any rent whatsoever will ameliorate that a bit.
Click to expand...
The cost for repairs to the pitch because of them surely outweighs them being there you'd have thought.
 
Reactions: MalcSB

pusbccfc

Well-Known Member
  • Nov 21, 2022
  • #121
Remember when Wasps fans thought they'd change the seat colour
 
Reactions: hill83, Terry Gibson's perm, TomRad85 and 1 other person
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skyblue025

Well-Known Member
  • Nov 22, 2022
  • #122
Wouldn't surprise me if Wasps stayed at the CBS in the short term. Where would they go back too in London who would give them a better deal than Ashley could offer? Also the newly built training ground is here. Having to find a new training ground and somewhere to play won't be easy in a 6-9 month period.
 

fernandopartridge

Well-Known Member
  • Nov 22, 2022
  • #123
skyblue025 said:
Wouldn't surprise me if Wasps stayed at the CBS in the short term. Where would they go back too in London who would give them a better deal than Ashley could offer? Also the newly built training ground is here. Having to find a new training ground and somewhere to play won't be easy in a 6-9 month period.
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They found a place to play in Coventry reportedly over a much shorter period so it's not impossible and it's not as if those discussions will not have already started by their prospective new owners
 

SHUNT31

Well-Known Member
  • Nov 22, 2022
  • #124
fernandopartridge said:
They found a place to play in Coventry reportedly over a much shorter period so it's not impossible and it's not as if those discussions will not have already started by their prospective new owners
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Where have you heard this mate?

I pray it is not the CBS. I was/am very much looking forward to those badges being torn down.
 
H

HuckerbyDublinWhelan

Well-Known Member
  • Nov 22, 2022
  • #125
skyblue025 said:
Wouldn't surprise me if Wasps stayed at the CBS in the short term. Where would they go back too in London who would give them a better deal than Ashley could offer? Also the newly built training ground is here. Having to find a new training ground and somewhere to play won't be easy in a 6-9 month period.
Click to expand...
If they do I fully hope we’re given access to the main changing room. We’re likely to be paying more
 
D

Deleted member 5849

Guest
  • Nov 22, 2022
  • #126
SHUNT31 said:
Where have you heard this mate?

I pray it is not the CBS. I was/am very much looking forward to those badges being torn down.
Click to expand...
Past tense.
 
C

crowsnest

Well-Known Member
  • Nov 22, 2022
  • #127
Changing all the company names today

Arena Coventry 2006 now Acl Astute 2006
Arena Coventry now Acl Astute 2022
IEC Experience now Conference Astute
 
Reactions: wingy

fernandopartridge

Well-Known Member
  • Nov 22, 2022
  • #128
Fucking hell not him surely
 
Reactions: Sky_Blue_Dreamer, MalcSB, Sky Blue Pete and 3 others
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