Arena dilapidation costs - £12.9m over next 3 years (1 Viewer)

[Sky Blue Pete]

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.

Good point that is

 

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[shmmeee]

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.

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]

As an asset though the pitch is earning £0 when it’s not used so any rent whatsoever will ameliorate that a bit.

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]

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.

Remind me to never sit next to you at a dinner party

 

[Ian1779]

Does anyone have any idea why Ann Lucas fucked off in a hurry?

Gremlins doing a re-boot?

 

[shmmeee]

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.

Until I see a press release saying they’re playing in London next season I’m not assuming anything.

 

[Mucca Mad Boys]

Until I see a press release saying they’re playing in London next season I’m not assuming anything.

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.

 

[fernandopartridge]

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?

 

[Sky Blue Pete]

Until I see a press release saying they’re playing in London next season I’m not assuming anything.

Very wise

 

[Brighton Sky Blue]

Until I see a press release saying they’re playing in London next season I’m not assuming anything.

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

 

[chiefdave]

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]

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.

They clearly couldn’t cover the cost of the damage to the pitch they do either.

 

[Robinshio]

Good point that is

But the auditors should have picked up that as a commitment not provided
Surely they are grossly negligent

 

[MalcSB]

They clearly couldn’t cover the cost of the damage to the pitch they do either.

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.

 

[skyblu3sk]

As an asset though the pitch is earning £0 when it’s not used so any rent whatsoever will ameliorate that a bit.

The cost for repairs to the pitch because of them surely outweighs them being there you'd have thought.

 

[pusbccfc]

Remember when Wasps fans thought they'd change the seat colour

 

[skyblue025]

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]

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.

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]

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

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.

 

[HuckerbyDublinWhelan]

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.

If they do I fully hope we’re given access to the main changing room. We’re likely to be paying more

 

[NorthernWisdom]

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.

Past tense.

 

[crowsnest]

Changing all the company names today

Arena Coventry 2006 now Acl Astute 2006
Arena Coventry now Acl Astute 2022
IEC Experience now Conference Astute

 

[fernandopartridge]

Fucking hell not him surely