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Indemnity and all that (1 Viewer)

  • Thread starter Grendel
  • Start date Feb 10, 2020
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Grendel

Well-Known Member
  • Feb 10, 2020
  • #36
Liquid Gold said:
Our match day revenues shouldn't end up in their pockets anyway.
Click to expand...

Which again is an issue. Also an issue will be the amount of rent paid - Wasps will only really profit in our rental payments
 
Reactions: Sick Boy

Sky Blue Pete

Well-Known Member
  • Feb 10, 2020
  • #37
Nick said:
The NDA doesn't make any difference to the local media. It's out there as a fact that it's a sticking point so they can still do an article on it.
Click to expand...
I think that’s absolutely right and if the replies form wasps and Sisu are no comment that’s fine and they should be included. I’ve often wondered who insisted on the nda and who it helps. I have a number of opinions now but I’m still no closer to the reasons why and who it helps. Bizarre that cwr or local press don’t want to push it though and cover the issue that appears to be why ccfc are playing away from coventry isn’t it?
 

Grendel

Well-Known Member
  • Feb 10, 2020
  • #38
Nick said:
The NDA doesn't make any difference to the local media. It's out there as a fact that it's a sticking point so they can still do an article on it.
Click to expand...

Regarding the indemnity it’s a smokescreen
 
S

smileycov

Facebook User
  • Feb 10, 2020
  • #39
Liquid Gold said:
Our match day revenues shouldn't end up in their pockets anyway.
Click to expand...
was that not some of the complaints, that we do not get match day revenue? I mean food drinks etc not tickets.
 

Grendel

Well-Known Member
  • Feb 10, 2020
  • #40
Sky Blue Pete said:
I think that’s absolutely right and if the replies form wasps and Sisu are no comment that’s fine and they should be included. I’ve often wondered who insisted on the nda and who it helps. I have a number of opinions now but I’m still no closer to the reasons why and who it helps. Bizarre that looks cwr or press don’t want to push it though
Click to expand...

I don’t think an NDA would have been signed AFTER the statements made regarding the indemnity - I simply don’t believe it
 

Ring Of Steel

Well-Known Member
  • Feb 10, 2020
  • #41
Grendel said:
He’s on the trust board and has a Masters Degree in Obfuscation
Click to expand...

From what I'm seeing here 'Neil White' has a doctorate in it
 

Sky Blue Pete

Well-Known Member
  • Feb 10, 2020
  • #42
Ring Of Steel said:
From what I'm seeing here 'Neil White' has a doctorate in it
Click to expand...
Neils interesting. Context is always key but what on earth did he mean by saying it’s not the role of the trust to support the club!!!!
 
Reactions: torchomatic

Grendel

Well-Known Member
  • Feb 10, 2020
  • #43
Ring Of Steel said:
From what I'm seeing here 'Neil White' has a doctorate in it
Click to expand...

CJ is at it again - saying statement needs Sisu to drop future action against all potentially impacted parties and not just Wasps - knowing full well that’s something they will not agree to
 

Grendel

Well-Known Member
  • Feb 10, 2020
  • #44
Sky Blue Pete said:
Neils interesting. Context is always key but what on earth did he mean by saying it’s not the role of the trust to support the club!!!!
Click to expand...

He means the actual club in terms of its owners
 

Nick

Administrator
  • Feb 10, 2020
  • #45
Sky Blue Pete said:
I think that’s absolutely right and if the replies form wasps and Sisu are no comment that’s fine and they should be included. I’ve often wondered who insisted on the nda and who it helps. I have a number of opinions now but I’m still no closer to the reasons why and who it helps. Bizarre that cwr or local press don’t want to push it though and cover the issue that appears to be why ccfc are playing away from coventry isn’t it?
Click to expand...

Exactly.

Put out the questions asked if Wasps refuse to answer then tell everybody they refuse to answer them. Instead they just stay quiet and claim they have pressured them about it.
 
Reactions: Ring Of Steel

Sky Blue Pete

Well-Known Member
  • Feb 10, 2020
  • #46
Nick said:
Exactly.

Put out the questions asked if Wasps refuse to answer then tell everybody they refuse to answer them. Instead they just stay quiet and claim they have pressured them about it.
Click to expand...
Whilst conversations are taking place with those involved I do think pressure on cwr and local media should continue. No one needs to go over the top but one caller each phone in asking about why the story hasn’t been covered would do it. Maybe tweeting Simon Gilbert is a good idea.
 
Reactions: Skyblueweeman

Grendel

Well-Known Member
  • Feb 10, 2020
  • #47
I think the outcome here will be very predictable
 

Terry Gibson's perm

Well-Known Member
  • Feb 10, 2020
  • #48
Ring Of Steel said:
This is what Wasps think of it all:

"Any and all profit gets creamed off and sent to a tax haven. They add nothing to the city. They are a cancer, taking and taking and taking until there’s nothing left."

"Wasps have bent over backwards to accommodate the football club only to have it continually thrown back in their face. Don't understand the constant stream of people connected to CCFC who just say they want to be back at the Ricoh as if they had no idea why the current situation arose."

Ignorance is the first enemy here.
Click to expand...


Is the first statement about wasps themselves?
 

Nick

Administrator
  • Feb 10, 2020
  • #49
Grendel said:
I think the outcome here will be very predictable
Click to expand...

You mean the same as every other time?

"We will listen"
"We are working on something"
"FUCKING SISU RAR RAR RAR, wasps please help"
"We told Wasps and pressured them in our statement - look, it says Wasps"
 

Ring Of Steel

Well-Known Member
  • Feb 10, 2020
  • #50
Well the one thing that stands out to me is that there is too much jargon, too many intricate details & subplots, the Trust seem to get off on being 'in the know', while the huge glaring, immediate issue- the indemnity- is getting no exposure at all, apart from a few people from here doing their utmost to try to get people who could do something to do something. In terms of next steps for raising awareness, if we wait for something to happen then all that will transpire is people will obfuscate (my new word for the day) more, and wait for this loophole or that loophole to be resolved before anything constructive happens.

I'd suggest that waiting around isn't going to achieve anything- if an update is due in March then that would give a bit of time to come up with something. And whatever it is, while courteous and professional, it is made 100% clear that the issue is not going to be swept under the carpet, we are being treated like idiots, it will not be allowed to be swept under the carpet and a huge, glittering free national advertisement is just around the corner.
 

Ring Of Steel

Well-Known Member
  • Feb 10, 2020
  • #51
Terry Gibson's perm said:
Is the first statement about wasps themselves?
Click to expand...

They come across as very bitter towards us. However in their defence, they are totally in the dark about what their club... sorry franchise is up to.
 

Sky Blue Pete

Well-Known Member
  • Feb 10, 2020
  • #52
Ring Of Steel said:
Well the one thing that stands out to me is that there is too much jargon, too many intricate details & subplots, the Trust seem to get off on being 'in the know', while the huge glaring, immediate issue- the indemnity- is getting no exposure at all, apart from a few people from here doing their utmost to try to get people who could do something to do something. In terms of next steps for raising awareness, if we wait for something to happen then all that will transpire is people will obfuscate (my new word for the day) more, and wait for this loophole or that loophole to be resolved before anything constructive happens.

I'd suggest that waiting around isn't going to achieve anything- if an update is due in March then that would give a bit of time to come up with something. And whatever it is, while courteous and professional, it is made 100% clear that the issue is not going to be swept under the carpet, we are being treated like idiots, it will not be allowed to be swept under the carpet and a huge, glittering free national advertisement is just around the corner.
Click to expand...
I’ve only said March cause I think that’s fair to allow parties to be aware that if things are happening saying so publicly would be useful and if not then it’s only fair to wait for so long before saying come on what’s happening sky Blue pete
 
Last edited: Feb 10, 2020

tisza

Well-Known Member
  • Feb 10, 2020
  • #53
Grendel said:
CJ is at it again - saying statement needs Sisu to drop future action against all potentially impacted parties and not just Wasps - knowing full well that’s something they will not agree to
Click to expand...
Stupid. If CCC are found to be in the wrong then they've cost the club a lot of money. Club shouldn't give up it's ability to recoup those damages if they have resulted from illegal actions.
These people are the same ones bitching about player sales to cover losses.
Ofc the judgment goes in favour of council then the pressure is back on SISU.
 
Reactions: vow

Ring Of Steel

Well-Known Member
  • Feb 10, 2020
  • #54
tisza said:
Stupid. If CCC are found to be in the wrong then they've cost the club a lot of money. Club shouldn't give up it's ability to recoup those damages if they have resulted from illegal actions.
These people are the same ones bitching about player sales to cover losses.
Ofc the judgment goes in favour of council then the pressure is back on SISU.
Click to expand...

Thats a very interesting point. I don't think our owners are particularly noted for their warm & fuzzy relationship with the council. If CCC are found in the wrong then there is redress to be considered.
 

Grendel

Well-Known Member
  • Feb 10, 2020
  • #55
The statement will say it’s a trade off to drop an indemnity if the clubs owners drop future action against all parties. It knows this will be rejected by the owners and they will say wasps have done all they could and now it’s target Sisu only
 

Ring Of Steel

Well-Known Member
  • Feb 10, 2020
  • #56
Nick said:
Exactly.

Put out the questions asked if Wasps refuse to answer then tell everybody they refuse to answer them. Instead they just stay quiet and claim they have pressured them about it.
Click to expand...
Yep. I think a fair few people would make up their own minds when they refused to answer.

It doesn't even need to be a long winded question, in fact the simpler the better.

"Is it true that you would like Coventry City to be liable for any costs arising from a transaction which was solely connected to Coventry City Council and Wasps?"
 
Last edited: Feb 10, 2020
Reactions: Hiraeth

Nick

Administrator
  • Feb 10, 2020
  • #57
Ring Of Steel said:
Yep. I think a fair few people would make up their own minds when they refused to answer.
Click to expand...

Yet the Trust failed to mention that part until I asked CJ about 20 times and refused to take his bullshit as an answer.

It was all SISU, SISU, SISU.

Some people seem very desperate to not have things discussed or certain parties to look bad.
 

Liquid Gold

Well-Known Member
  • Feb 10, 2020
  • #58
Nick said:
Yet the Trust failed to mention that part until I asked CJ about 20 times and refused to take his bullshit as an answer.

It was all SISU, SISU, SISU.

Some people seem very desperate to not have things discussed or certain parties to look bad.
Click to expand...
Should ask CJ who posts using the account. I bet the answer will be "a few people have the password, not sure who's using at at the mo, I'l check"
 
Reactions: Skyblueweeman and Grendel

Ring Of Steel

Well-Known Member
  • Feb 10, 2020
  • #59
Here's another snippet from the Wasps forum, lovely bunch they are:

"Perhaps the football club might like to try developing the Ikea site once the big blue and yellow box closes down. "
 

Grendel

Well-Known Member
  • Feb 10, 2020
  • #60
Liquid Gold said:
Should ask CJ who posts using the account. I bet the answer will be "a few people have the password, not sure who's using at at the mo, I'l check"
Click to expand...

He will probably express surprise the account even exists
 
Reactions: SkyBlueDom26

Nick

Administrator
  • Feb 10, 2020
  • #61
Liquid Gold said:
Should ask CJ who posts using the account. I bet the answer will be "a few people have the password, not sure who's using at at the mo, I'l check"
Click to expand...

The same person he had to beg to tweet about the Season Ticket fundraiser....
The same person who seems to have a thing for Blackpool fans...
 

Sky Blue Pete

Well-Known Member
  • Feb 10, 2020
  • #62
tisza said:
Stupid. If CCC are found to be in the wrong then they've cost the club a lot of money. Club shouldn't give up it's ability to recoup those damages if they have resulted from illegal actions.
These people are the same ones bitching about player sales to cover losses.
Ofc the judgment goes in favour of council then the pressure is back on SISU.
Click to expand...
Why walk away then?
Who walked away?

I know we’ve assumed Sisu are financially pressuring wasps by leaving so why aren’t wasps saying this publicly or is everyone playing who has the biggest knob
 

Liquid Gold

Well-Known Member
  • Feb 10, 2020
  • #63
Nick said:
The same person he had to beg to tweet about the Season Ticket fundraiser....
The same person who seems to have a thing for Blackpool fans...
Click to expand...
cov utd ladies too?
 

Grendel

Well-Known Member
  • Feb 10, 2020
  • #64
Sky Blue Pete said:
Why walk away then?
Who walked away?

I know we’ve assumed Sisu are financially pressuring wasps by leaving so why aren’t wasps saying this publicly or is everyone playing who has the biggest knob
Click to expand...

We have very little impact on the wasps finances in reality
 

Nick

Administrator
  • Feb 10, 2020
  • #65
Liquid Gold said:
cov utd ladies too?
Click to expand...

Stop with the conspiracies will you.
 
Reactions: mr_monkey and Liquid Gold

Sky Blue Pete

Well-Known Member
  • Feb 10, 2020
  • #66
Grendel said:
We have very little impact on the wasps finances in reality
Click to expand...
I’m sure that’s true which makes the cloak and dagger all the more frustrating
 

Liquid Gold

Well-Known Member
  • Feb 10, 2020
  • #67
Nick said:
Stop with the conspiracies will you.
Click to expand...
 
Reactions: Sky Blue Pete

Skyblueweeman

Well-Known Member
  • Feb 10, 2020
  • #68
As a side note, we should be continuing to try and address the whole point of the trust. We shouldn't lose sight of the fact that they really need a shakedown, top to bottom.
 
Reactions: vow

tisza

Well-Known Member
  • Feb 10, 2020
  • #69
Sky Blue Pete said:
Why walk away then?
Who walked away?

I know we’ve assumed Sisu are financially pressuring wasps by leaving so why aren’t wasps saying this publicly or is everyone playing who has the biggest knob
Click to expand...
We don't have much of an impact on Wasps finances atm. Knock-on effect of promotions would improve their finances if we were tenants.
Wasps have their own financial issues. Significant parts of the income streams projected for their bond scheme haven't come to fruition. This new external investment in Premier Rugby has been a shot in the arm but is only a short term fix.
Behind all this it needs to be remembered there was a commercial deal in place acceptable to both sides for the short term. Indemnity scuppered the deal., not the finances etc.
Cynic in me thinks SISU also moved to increase the damages they would look to recoup if CCC lose.
The other point often overlooked is that SISU may genuinely believe they have been screwed. The relationship with ACL was toxic before Wasps came along. ACL releasing a statement telling them to pack their bags and get out of the city (around the Sixfields debacle).
Still a lot of info that is hidden behind NDAs that predate this latest situation.
Still obvious that all sides are prepared to treat CCFC fans as collateral damage in order to "win".
 
Reactions: Hiraeth and montydon87

eastwoodsdustman

Well-Known Member
  • Feb 10, 2020
  • #70
Personally, I think that now we have alerted the various media outlets about our plight, we'd be better off doing something a bit more high profile and maybe attending a wasps game 'en masse' to highlight the situation, Maybe even trying to get hold of Eastwood to discuss the matter too if we could. They have a home game on Friday 21st Feb which could be the one to attend. They'd certainly not want to see Local news camera's there and CWR will be there already to report on the game.
You can forget about the telegraph, they're a waste of time and in the council/wasps pockets but if local and national media attended then they might just decide to move a bit more. We all know how afraid of adverse publicity they are, its just a shame that the local paper is so complicit in their line of defence.
 
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