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More Wasps BS? (3 Viewers)

  • Thread starter ccfc92
  • Start date Oct 24, 2019
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Nick

Administrator
  • Nov 12, 2019
  • #596
letsallsingtogether said:
Yes but try getting past that fat bastard that shields him!
Click to expand...

Ah but people in the ground can where there are more stewards?

I see the logic....
 

ccfcway

Well-Known Member
  • Nov 12, 2019
  • #597
HuckerbyDublinWhelan said:
it’s more than likely that it gets handed back to the council and SISU go back cap in hand for a rental deal which more than likely sends us back just before the rent strike - only doubtful it’ll be 1.2 million.

best we can hope for in the circumstances
Click to expand...

I don't disagree. Doesn't that leave us in a stadium which isn't ours, with no income other than match day ticket sales ?

surely that cant be what people are hoping for when / if wasps go bust ?
 
H

HuckerbyDublinWhelan

Well-Known Member
  • Nov 12, 2019
  • #598
harvey098 said:
Wouldn’t it be Wasps asset to sell? (Could we’ll be wrong, I know nothing on the subject). Can’t see us bidding against too many other buyers for it, if that is the case though.
Click to expand...
If wasps go bust the lease reverts back to the council
 
H

HuckerbyDublinWhelan

Well-Known Member
  • Nov 12, 2019
  • #599
ccfcway said:
I don't disagree. Doesn't that leave us in a stadium which isn't ours, with no income other than match day ticket sales ?

surely that cant be what people are hoping for when / if wasps go bust ?
Click to expand...
No but can’t really see the council helping SISU out in the immediate future.

I’d imagine it’d be a starting point towards better negotiations
 

ccfcway

Well-Known Member
  • Nov 12, 2019
  • #600
HuckerbyDublinWhelan said:
No but can’t really see the council helping SISU out in the immediate future.

I’d imagine it’d be a starting point towards better negotiations
Click to expand...

its about the best we can hope for while to court rulings continue.
 

Nick

Administrator
  • Nov 12, 2019
  • #601
ccfcway said:
its about the best we can hope for while to court rulings continue.
Click to expand...

There are no court rulings as it stands.

If any happen from the EU thing, it's the EU against CCC. IF the EU think there has been something done incorrectly.
 
Reactions: TTG

ccfcway

Well-Known Member
  • Nov 12, 2019
  • #602
HuckerbyDublinWhelan said:
If wasps go bust the lease reverts back to the council
Click to expand...

would mean our landlords would be the people the owners of the club have triggers court proceeding (again) with and very little noise locally which the electorate is putting pressure on the council to do anything about.

I suspect if your an MP in Coventry and knocked on a random door and said "what's the main priorities you want to see from you elected MP in the next term "a return of CCFC to Coventry" would be a lot lower down than many of us on here would hope for.
 

ccfcway

Well-Known Member
  • Nov 12, 2019
  • #603
Nick said:
There are no court rulings as it stands.

If any happen from the EU thing, it's the EU against CCC. IF the EU think there has been something done incorrectly.
Click to expand...

Didn't say it was the owners taking them to court, but it wasn't the EU who wanted to look into it, it was instigated by the owners of CCFC.

There is still an outstanding claim which may go to court is there not ?
 

Nick

Administrator
  • Nov 12, 2019
  • #604
ccfcway said:
Didn't say it was the owners taking them to court, but it wasn't the EU who wanted to look into it, it was instigated by the owners of CCFC
Click to expand...

The court action only happens if the EU think there has been foul play or errors in the process.
 

ccfcway

Well-Known Member
  • Nov 12, 2019
  • #605
Nick said:
The court action only happens if the EU think there has been foul play or errors in the process.
Click to expand...

exactly. No different to any other case, even if your 100% innocent of something, still a chance that a court might "think" something is up and worth a look into
 
Reactions: Deleted member 5849

Nick

Administrator
  • Nov 12, 2019
  • #606
ccfcway said:
exactly. No different to any other case, even if your 100% innocent of something, still a chance that a court might "think" something is up and worth a look into
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Not really because the experts at the EU have to deem something to have been done wrong after an investigation before they take it further. The case would then be the EU against CCC.

It isn't the EU saying "Yeah go for it SISU, you can take them to court".
 
H

HuckerbyDublinWhelan

Well-Known Member
  • Nov 12, 2019
  • #607
ccfcway said:
would mean our landlords would be the people the owners of the club have triggers court proceeding (again) with and very little noise locally which the electorate is putting pressure on the council to do anything about.

I suspect if your an MP in Coventry and knocked on a random door and said "what's the main priorities you want to see from you elected MP in the next term "a return of CCFC to Coventry" would be a lot lower down than many of us on here would hope for.
Click to expand...
Thing is, considering that the complaint is a look into state aid. If it’s found it is illegal then the council have bigger problems as to how an asset was undersold.

I’m sure the public would be seriously pissed at that.

Also if I’m not mistaken, if the lease reverts back. Then the issue is settled isn’t it? It’s back to pre-sale conditions,

the council would also see the economy boost to the local area
 
Reactions: ccfcway

ccfcway

Well-Known Member
  • Nov 12, 2019
  • #608
Nick said:
Not really because the experts at the EU have to deem something to have been done wrong after an investigation before they take it further. The case would then be the EU against CCC.

It isn't the EU saying "Yeah go for it SISU, you can take them to court".
Click to expand...

Again, didn't say it was SISU, its clearly the EU. As you say, "The court action only happens if the EU think there has been foul play". This stage is if they think its worth looking more into, so there is always a chance it will be reviewed, even if the council have done nothing wrong (like pervious cases have shown).

we could go on for a while here. The way I see it, the council still have a possible court ruling hanging over them, there is still a process which may involve court, if they are guilty or innocent.

Hope your right and when / if Wasps go bust, the council see it in the same way you do.
 

Liquid Gold

Well-Known Member
  • Nov 12, 2019
  • #609
ccfcway said:
Genuinely, can you explain how as im struggling ?.

Wasps go bust, stadium gets handed back to the council...

1) Council offer to sell it to SISU - why would they buy it at market value, nothing in it for them to do that.
2) Council offer us expensive rent - back to where we were.
3) council offer us cheap rent - Doesn't solve our problem of 365 days income to build a squad and SISU have no assets
4) Council almost give SISU the stadium - I just cant see it,

What do people think will happen that will benefit the club ?
Click to expand...
Prospective buyer wants the club and the stadium. Sisu market the club at a price that would include the stadium as it enables them to get rid of the club at a price close to their demands. The council then sell the stadium at a wasps style price to get sisu off their hands.
 
Reactions: Nick

ccfcway

Well-Known Member
  • Nov 12, 2019
  • #610
Liquid Gold said:
Prospective buyer wants the club and the stadium. Sisu market the club at a price that would include the stadium as it enables them to get rid of the club at a price close to their demands. The council then sell the stadium at a wasps style price to get sisu off their hands.
Click to expand...

could you talk me through that, as surely today, the club is worth nothing ?.

You suggesting, lets say SISU sell the club for £30m, they walk away and the council do a wasps like deal with new owners ?

Interesting comments. That would rely on CCC trusting the new owners and almost have to have an agreement with SISU they will do it if they leave ?
 

Colin Steins Smile

Well-Known Member
  • Nov 12, 2019
  • #611
Nick said:
The court action only happens if the EU think there has been foul play or errors in the process.
Click to expand...
Would I be correct in thinking that if the European Commission find that CCC undervalued the Ricoh AND the sale to Wasps was indirect state aid, then there is the possibility that CCC would be required to seek the outstanding balance from Wasps?
Now there's a lot of "IF's" to this scenario, but given the weak financial position of Wasps, this would surely send them into insolvency.
That would leave CCC with a stadium to maintain and no tenant. Thus any deal with a new tenant would have to ensure it was at a neutral cost to CCC, as minimum commitment, otherwise that could be termed indirect state aid.
 

Liquid Gold

Well-Known Member
  • Nov 12, 2019
  • #612
ccfcway said:
could you talk me through that, as surely today, the club is worth nothing ?.

You suggesting, lets say SISU sell the club for £30m, they walk away and the council do a wasps like deal with new owners ?

Interesting comments. That would rely on CCC trusting the new owners and almost have to have an agreement with SISU they will do it if they leave ?
Click to expand...
Prepare both deals to sign together. Although I wouldn't trust the council to properly evaluate new owners. They bought us sisu in the first place.
 
Reactions: ccfcway

hill83

Well-Known Member
  • Nov 12, 2019
  • #613
Liquid Gold said:
Prospective buyer wants the club and the stadium. Sisu market the club at a price that would include the stadium as it enables them to get rid of the club at a price close to their demands. The council then sell the stadium at a wasps style price to get sisu off their hands.
Click to expand...

 
Reactions: Brylowes and ccfcway

fernandopartridge

Well-Known Member
  • Nov 12, 2019
  • #614
Colin Steins Smile said:
Would I be correct in thinking that if the European Commission find that CCC undervalued the Ricoh AND the sale to Wasps was indirect state aid, then there is the possibility that CCC would be required to seek the outstanding balance from Wasps?
Now there's a lot of "IF's" to this scenario, but given the weak financial position of Wasps, this would surely send them into insolvency.
That would leave CCC with a stadium to maintain and no tenant. Thus any deal with a new tenant would have to ensure it was at a neutral cost to CCC, as minimum commitment, otherwise that could be termed indirect state aid.
Click to expand...
That is a potential remedy yeah
 
T

The coventrian

Well-Known Member
  • Nov 12, 2019
  • #615
Nick said:
Ah, the standard then

I am sure he has to walk in doesn't he?
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Why would I drive to st Andrew's to ask questions from that wanker? I've had dealings with him before.
 
T

The coventrian

Well-Known Member
  • Nov 12, 2019
  • #616
HuckerbyDublinWhelan said:
I mean they’re looking at woodlands. However the council aren’t supportive. But that’s only if you believe the new stadium rumours.

if you’re a bit dense like you appear to be - the actual way out of this is keeping the club running until Wasps cave. But we’ll leave that to the actual fans
Click to expand...
They're not looking at Woodlands at all. Its just another a yarn spun to keep gullible fools like you on side.

You call me dense? Its dense arseholes like you who cant seem to grasp the fact that if we wouldn't of vacated the arena first time around wasps wouldn't be here now.
 

COVKIDSNEVERQUIT

Well-Known Member
  • Nov 12, 2019
  • #617
The coventrian said:
Why would I drive to st Andrew's to ask questions from that wanker? I've had dealings with him before.
Click to expand...
Please share.
 
T

The coventrian

Well-Known Member
  • Nov 12, 2019
  • #618
HuckerbyDublinWhelan said:
If wasps go bust the lease reverts back to the council
Click to expand...
And what about if wasps don't go bust? How long are you lot prepared to sofa surf for? 5? 10 years? Why don't you start leaning on the owners to actually start taking responsibility for the club they own and build it a home.
Jeez. Always the victims.
 
T

The coventrian

Well-Known Member
  • Nov 12, 2019
  • #619
COVKIDSNEVERQUIT said:
Please share.
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On one occasion He actually threatened to ban me from home games. We were playing in Northampton at the time ha! Stupid twat actually thought I attended there.
 
Reactions: COVKIDSNEVERQUIT

Skybluefaz

Well-Known Member
  • Nov 12, 2019
  • #620
The coventrian said:
On one occasion He actually threatened to ban me from home games. We were playing in Northampton at the time ha! Stupid twat actually thought I attended there.
Click to expand...
What did you ask him to warrant that?
 

Grendel

Well-Known Member
  • Nov 12, 2019
  • #621
The coventrian said:
On one occasion He actually threatened to ban me from home games. We were playing in Northampton at the time ha! Stupid twat actually thought I attended there.
Click to expand...

oh dear it’s billy bullshit time
 
Reactions: stupot07, The Penguin, GaryMabbuttsLeftKnee and 3 others

BackRoomRummermill

Well-Known Member
  • Nov 12, 2019
  • #622
Grendel said:
oh dear it’s billy bullshit time
Click to expand...

yep following the normal pattern of someone who has been here before or is still here under another name full of it , slowly degrading , when did he join ? Oh yes , the true colours fall out in the end , it’s a yawn from me
 

Grendel

Well-Known Member
  • Nov 12, 2019
  • #623
BackRoomRummermill said:
yep following the normal pattern of someone who has been here before or is still here under another name full of it , slowly degrading , when did he join ? Oh yes , the true colours fall out in the end , it’s a yawn from me
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He I suspect has a one inch penis and it’s caused him a lifetime of embarrassment which he can hide by being a big man behind his keyboard
 

TTG

Well-Known Member
  • Nov 12, 2019
  • #624
The coventrian said:
Its dense arseholes like you who cant seem to grasp the fact that if we wouldn't of vacated the arena first time around wasps wouldn't be here now.
Click to expand...
It's dense arseholes like you who can't seem to grasp the fact that the council were in contact with the wasps before we moved out.
 
Reactions: RegTheDonk

RegTheDonk

Well-Known Member
  • Nov 12, 2019
  • #625
The coventrian said:
And what about if wasps don't go bust? How long are you lot prepared to sofa surf for? 5? 10 years? Why don't you start leaning on the owners to actually start taking responsibility for the club they own and build it a home.
Jeez. Always the victims.
Click to expand...
Well Wasps will probably be bailed out by someone, or the council will re-do the terms, and SISU will never build us a home so what's the solution?
 

RegTheDonk

Well-Known Member
  • Nov 12, 2019
  • #626
TTG said:
It's dense arseholes like you who can't seem to grasp the fact that the council were in contact with the wasps before we moved out.
Click to expand...
And even if we'd kept up with the crippling rent, who wouldn't bet against the council brining Wasps in anyway for a ground share. Max out the potential and even more rent coming in.
 
Reactions: TTG
T

The coventrian

Well-Known Member
  • Nov 12, 2019
  • #627
TTG said:
It's dense arseholes like you who can't seem to grasp the fact that the council were in contact with the wasps before we moved out.
Click to expand...
Yes we all know that but that's before our glorious owners fucked off to sixfields with the plan of distressing acl thus leaving the ground on a plate for them.

And you call me dense?
 
T

The coventrian

Well-Known Member
  • Nov 12, 2019
  • #628
Grendel said:
He I suspect has a one inch penis and it’s caused him a lifetime of embarrassment which he can hide by being a big man behind his keyboard
Click to expand...
Says the keyboard warrior on here who's been dishing out insults for years behind his laptop.
 
T

The coventrian

Well-Known Member
  • Nov 12, 2019
  • #629
Grendel said:
oh dear it’s billy bullshit time
Click to expand...
Yes because you really know me don't you you pathetic lonely old man.
 
T

The coventrian

Well-Known Member
  • Nov 12, 2019
  • #630
Oh look,another muppet who cant handle a difference of opinion. Half a dozen lonely men on the internet.
 
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