Valuations are interesting, £24-35m without WRFC but presumably including CCFC. Yet Ashley got it for £16m.
Some of the small businesses who have been fucked over is criminal.
AV company owed £120k
Interesingly CCC owed over £250k.
Is that the Covid bailout from the govt?What do they owe Sport England for?
Absolute fucking bellend that blokeMore taxpayer cash down the drain. Maton reading the room well
Assume the money owed to CCC is unpaid business rates, rateable value for the Arena is £650k
They claim the Pandemic meant loss of revenue from CCFC games. Weren't we at St Andrews?
Can't remember, seems ages ago.
Yes we were
The sheer number of unsecured creditors is massive, the directors should be in trouble really as it is obvious they were insolvent.
Page 24 where “COVID had a significant impact” is seemingly an obvious point. Just a mark in the sand here with the statement made by the RugbyPL - something like “Wasps can appeal if they can show the financial problems we’re down to exceptional circumstances (such as COVID)
The Covid-19 pandemic had a significant impact on the Group both as a result of cancelled CCFC and WRFC games and associated lost revenues but also reduced revenue from cancelled conferences and events and the closure of the hotel and casino during government-imposed lockdowns.
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