torchomatic
Well-Known Member
Shouldn't this thread have been "CCFC PR"?
Oh I expect their to be outrage from some on here who always look out for the taxpayer...looks like wasps are screwing then again
Why would it? Naming right sponsorship is over the term of the contract not up front.
Also companies wouldn't use any cash to pay loans unless it had huge cash reserves.
Indeed. Weren't MMM, Noggin, Jack and the other Waspies telling us how great it was for the taxpayer will all those lovely payments?
Indeed. Weren't MMM, Noggin, Jack and the other Waspies telling us how great it was for the taxpayer will all those lovely payments?
It will be an alternate funding source with lower interest and / or a longer payment period to reduce annual payments.
I'll ask again as I did last time, why don't you go around pulling up others when they state false 'facts' and present opinions as facts? Funny how you only pop up when Wasps are mentioned? I called you out on it last time you popped up to defend them, and you had no response then either.
Even better to have the money now and it probably sinks the JR once and for all.
Shouldn't this thread have been "CCFC PR"?
MMM has connections with Wasps without doubt, possibly a business interest within the venture. I agree with you as to his obvious posting pattern on the subject and its the only time he has ever been obnoxious with me on here, when I dared to suggest that they would be bad for Cov rugby !
I hate sisu more than most, and even helped Michael with KCIC duties now and again. I would do it all again in a heartbeat.
Having said that I couldn't give a fuck whether wasps paid off the loan yesterday, today, or in 50 years. What happened was wrong. Plain and simple. The council have screwed us over to spite Sisu. Anyone using this story to help their anti-sisu spin is moronic, and it just shows that you care more about hating sisu than the future of this club.
Yes I agree, The idiotic hedge fund pushed the council over the edge and when the council hit back CCFC were caught in the crossfire and thousands of fans were left disillusioned !
Just a question have any of yo had a pm from me in last few minutes think I've sent them instead of posting.
I say "GET THEM OUT"
MMM has connections with Wasps without doubt, possibly a business interest within the venture.
I hate sisu more than most, and even helped Michael with KCIC duties now and again. I would do it all again in a heartbeat.
Having said that I couldn't give a fuck whether wasps paid off the loan yesterday, today, or in 50 years. What happened was wrong. Plain and simple. The council have screwed us over to spite Sisu. Anyone using this story to help their anti-sisu spin is moronic, and it just shows that you care more about hating sisu than the future of this club.
Not that oneYes, I am just getting the talc out to send a picture in reply. This leather is a nightmare to get on.
Maybe they get the alternative funding using any naming rights money as security for the funding. In effect the sponsors pay the new loan off. But didn't Tim say he wouldn't have taken on the same deal as Wasps because of having to pay back the loan? If you are right about alternative funding and stadium sponsorship being paid over a term, then Tim has no idea.
And the club. Surely, cutting financial ties with CCC will give them a free reign to whack our rent up? Still, as long as CCC and Wasps do OK then I don't care.
Well I would imagine that will be the end of that court case then.
As we were often told with JR1, the case was about a moment in time, not whatever happened afterwards.
No reason why JR2, this time it's personal would be any different.
We were also told that it was about a "remedy" if there had been wrongdoing. E.g. Loan would have to be repaid. Will be soon anyway ( apparently ).
Sorry to hear that you don't care. I do. If SISU aren't involved in some form ( e.g. Buying in ), then it is game set and match to Wasps. It shows where we could have been. It is not Wasps fault that we are not there, they only came in late and from outside. We were in pole position......
As we were often told with JR1, the case was about a moment in time, not whatever happened afterwards.
No reason why JR2, this time it's personal would be any different.
It would also give the opportunity to submit claims for loss of earnings, damages etc.
Wasps, for example? What about comparable L1 clubs? I'm not disagreeing they should be cheap but what do other clubs charge?
They also give away 75% of their tickets, good PR but not so good when you've got to pay a debt of £14 million + interest over the next 20 years? LOL
Whilst I'll concede that they might have done that for the first match at the Ricoh do you have anything to prove that they're still doing that? Or is this the same as when we were in Northampton and Tim was accused of giving them away and there was no evidence of this (to my knowledge) found.
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