Council funding for Ricoh Refurb

[shepardo01]

Here we go....

 

[Nick]

£3.5m, that's more than what Wasps paid for 50% of the thing but the council are funding it.

Taking the piss now aren't they?

 

[Nick]

Why are the council giving funding for it?

It's a private business.

Maybe it's why they wanted an indemnity for the council?

 

[shepardo01]

£3.5m, that's more than what Wasps paid for 50% of the thing but the council are funding it.

Taking the piss now aren't they?

It's a joke isn't it.
Wonder how much will actually go towards the refurb or whether it is just an excuse so they can use it to prop them up for a short while.....
Council c-units!!!...

 

[Nick]

What I don't get is why the funding is going towards what they describe? £3.8m is a lot of money just for a few Judo matches.

It's very dodgy.

The council do need hammering asking how the indemnity links to this type of shit.

 

[Liquid Gold]

Absolutely gobsmacking. I hope sisu take them to the cleaners. I’m glad they don’t get a penny out of me, if I lived in Cov it would rule me even more.

 

[matesx]

This will go down like a shit sandwich.

 

[Nick]

I wonder if any of this money will be spent on a certain hotel.

 

[BornSlippySkyBlue]

Is now even a good time to be investing money in the exhibition and conference sector? Those I know in the exhibition industry are all furloughed and have no idea if they’ll even go back. Going to be a while before we see packed exhibition halls IMO. Still, it’ll help wasps so that’s good enough for the council I’m sure.

Wankers.

 

[Cranfield Sky Blue]

What the absolute fuck are those dickheads at CCC doing??? If this doesn’t start a shit storm, I don’t know what will!

 

[shepardo01]

This will go down like a shit sandwich.

Quite rightly so!!!!

 

[Nick]

"Why would the council fund a privately owned business?"

"The government needed to support legacy for the commonwealth games" What legacy is it going to leave?

Fucking shady wankers.

 

[jordan210]

If wasps cant afford to get the Ricoh up to standard for the commonwealth games maybe it should not be used. The government and council should not be propping up a private company.

 

[chiefdave]

This is absolutely ridiculous. How blatant can you possibly be?

 

[Earlsdon_Skyblue1]

Time to vote them out, ladies and gentlemen.

 

[Nick]

So Wasps are running a private business and can't afford to get it up to scratch for the commonwealth games so they get given £3.8m (bare in mind they paid about £5.7m for it) to do it up to get it up to scratch but Wasps will be paid for the use of it from the Olympics?

It's a nice little way to get the value increased for Wasps when they need to refinance isn't it?

They are far too obvious now and they don't actually give a shit because they will just get away with it.

 

[Sky Blue Pete]

I don’t think it’s ok but let’s allow Simon to do some hard questioning and this will certainly be part of our questioning of the council.

In our civil service guidance it talks about not just avoiding conflicts but also avoiding the perception of conflicts of interest

 

[SeaSeeEffCee]

Looking forward to the usual defence of the council that I’m sure will be along any minute

 

[Nick]

I don’t think it’s ok but let’s allow Simon to do some hard questioning and this will certainly be part of our questioning of the council.

In our civil service guidance it talks about not just avoiding conflicts but also avoiding the perception of conflicts of interest

The thing we have here though Pete is that you come across as an honest bloke, you are more than happy to discuss things and take things onboard whether you agree or not and have a very diplomatic way of coming across.

Pricks like Duggins and O'Boyle know they won't get any hard questioning about it, listen to O'Boyle on the radio as an example.

He is banging on about the legacy it would leave, the legacy for who? The private company?

It will be interesting to see if this helps a certain hotel along

 

[BigadamL]

What annoys me about this is that it’s for Birmingham commonwealth games yet Walsall is the home of British Judo and two miles from Birmingham. £3.5 million could be well spent at the university where they are based

 

[Brighton Sky Blue]

They could have put that money to cover the losses to local businesses from the forced exile of the city’s football club.

 

[bradwellskyblues]

no wonder wasps are prepared to act as a firewall between ccfc and ccc it is unreal,and in another place wasps are shutting down a community sports centre

 

[Esoterica]

When was the Ricoh selected for this and how was it nominated in the first place? If it was after Wasps were already in place and they can't get it up to scratch, the event should be taken off them, not refurbished for them at a cost of 2/3s of what they paid for the entire place. I mean FFS its judo and wrestling - all you need is a gym mat and some dressing gowns. BLOOD IS BOILING.

 

[jordan210]

Creative venues such as Threaters and art spaces fine give them the money no issue. A stadium owned by a hedge fund for a refurb is not what this type of money should be spent on.

 

[Esoterica]

I reckon Lego Hair can smell a new book out of all this too judging by his recent 180.

 

[Nick]

When was the Ricoh selected for this and how was it nominated in the first place? If it was after Wasps were already in place and they can't get it up to scratch, the event should be taken off them, not refurbished for them at a cost of 2/3s of what they paid for the entire place. I mean FFS its judo and wrestling - all you need is a gym mat and some dressing gowns. BLOOD IS BOILING.

It was announced Sept 2019.

It's another bailout.

 

[BackRoomRummermill]

Looney left wing council gonna get brown envelopes back with wasps on them

 

[BackRoomRummermill]

A waste of public money who dined this off !

 

[Nick]

@Sky Blue Pete Is it worth asking Mr Duggins about it?

 

[Nick]

It's interesting, the guy who runs the "KovBlog" was hinting about something last week and now he has had his account deleted.

 

[jordan210]

When you look at the things the money is being spent on. A new food and drunk venue ? all the things a owner of a stadium should be funding

 

[Nick]

Who is going to be running and operating the food and drink venue and getting the profits from it?

It is just a bailout, nothing more. Another one.

 

[Esoterica]

It was announced Sept 2019.

It's another bailout.

Honestly don't know whether to laugh, cry or scream especially in light of the disdain with which they have treated the football club over the last decade, a team that actually bears the city's name.

Wouldn't be surprised if the EU complaint findings come back now with a correction of 3.8 million owed by Wasps to CCC.

 

[Nick]

Looking forward to Bobby Bridge to get the spin going.

 

[Liquid Gold]

Can anybody explain to me how this isn't state aid?