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Wasps downward spiral... (2 Viewers)

  • Thread starter CCFC54321
  • Start date Oct 20, 2018
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Nick

Administrator
  • Feb 27, 2020
  • #1,261
No coincidence that Coventry Views was in with Gilbert trying to get somebody sacked and loves to bang on about "stooges".

I think people at the Trust should keep looking to see who else is involved with their shite.
 
Reactions: duffer

Grendel

Well-Known Member
  • Feb 27, 2020
  • #1,262
Joy Division said:
For a 'parody' account this person isn't worth giving any time of day surely? Active since April 2019 with only 65 followers, pretty embarrassing.
Click to expand...

Someone who was on the trust board and They knew he did this sort of thing
 

Nick

Administrator
  • Feb 27, 2020
  • #1,263
Grendel said:
Someone who was on the trust board and They knew he did this sort of thing
Click to expand...

They would have let him carry on if they weren't shamed time and time again.
 
H

HuckerbyDublinWhelan

Well-Known Member
  • Feb 27, 2020
  • #1,264
Basically the Sky Blue Trust propaganda wing... Dominic Cummings would be proud
 

Sick Boy

Super Moderator
  • Feb 27, 2020
  • #1,265
It's not even a proper parody account, it's just someone who is unhinged and has an unhealthy obsession with Grendel.
 

Grendel

Well-Known Member
  • Feb 27, 2020
  • #1,266
Sick Boy said:
It's not even a proper parody account, it's just someone who is unhinged and has an unhealthy obsession with Grendel.
Click to expand...

He is a very angry and rather strange individual
 
C

CCFC54321

Well-Known Member
  • Feb 28, 2020
  • #1,267
I see the waspagraphs been at it again today...
 

chiefdave

Well-Known Member
  • Feb 28, 2020
  • #1,268
CCFC54321 said:
I see the waspagraphs been at it again today...
Click to expand...
The council as well. Only a few weeks ago they turned down an application for a hotel 500 metres away from where this application is due to traffic congestion and taking business away from the city centre yet they're quoted in the Telegraph saying "a hotel has always been part of the plan".
 
Reactions: duffer, fernandopartridge, theferret and 1 other person

chiefdave

Well-Known Member
  • Feb 28, 2020
  • #1,269
 
Reactions: duffer and Sick Boy

Nick

Administrator
  • Feb 28, 2020
  • #1,270
I am sure he wasn't involved though and didn't know a thing about it...
 

Liquid Gold

Well-Known Member
  • Feb 28, 2020
  • #1,271
They’ve bumped into someone who knows what they’re doing and has the time to do it in Henley.
 
Reactions: TomRad85 and duffer

Skybluemichael

Well-Known Member
  • Feb 29, 2020
  • #1,272
Question, if wasps go bust/ administrations would ccfc be able to buy the stadium out of admin at a %of the value or is that only open to people they owe money to eg bonds holders, banks, ccc, wasps themselves?
 

Flying Fokker

Well-Known Member
  • Feb 29, 2020
  • #1,273
They’ll do a SISU stitch up. Carry the debt and continue trading with the debt.
 

Skybluemichael

Well-Known Member
  • Feb 29, 2020
  • #1,274
That’s what I was thinking, I can not see sisu end game if the EC goes their way they don’t benefit from it, prob could sue ccc for losses? But still wouldn’t have a ground
 

Grendel

Well-Known Member
  • Feb 29, 2020
  • #1,275
Skybluemichael said:
Question, if wasps go bust/ administrations would ccfc be able to buy the stadium out of admin at a %of the value or is that only open to people they owe money to eg bonds holders, banks, ccc, wasps themselves?
Click to expand...

The lease is returned to the council on its original terms
 

Skybluemichael

Well-Known Member
  • Feb 29, 2020
  • #1,276
Grendel said:
The lease is returned to the council on its original terms
Click to expand...
Thanks, so there is no chance of sisu getting their hands on the stadium on the cheap, or could they sue them for losses and get given the stadium as compo, also if they can’t refinance the bonds don’t the bond holders own the stadium or does it not work out like that
 

Grendel

Well-Known Member
  • Feb 29, 2020
  • #1,277
Skybluemichael said:
Thanks, so there is no chance of sisu getting their hands on the stadium on the cheap, or could they sue them for losses and get given the stadium as compo, also if they can’t refinance the bonds don’t the bond holders own the stadium or does it not work out like that
Click to expand...

No it goes back to the council on the original lease this is clear in the bond holder prospectus
 

Skybluemichael

Well-Known Member
  • Feb 29, 2020
  • #1,278
The bonds sound like a risky investment with no security, what was stopping wasps from getting the bond money and just not pay anything out
 

Grendel

Well-Known Member
  • Feb 29, 2020
  • #1,279
Club aims to raise £35m from bond
 

Grendel

Well-Known Member
  • Feb 29, 2020
  • #1,280
Skybluemichael said:
The bonds sound like a risky investment with no security, what was stopping wasps from getting the bond money and just not pay anything out
Click to expand...

That’s hardly likely is it - it has a price on the bond market and wasps are claiming to fund the shortfall and interest payments
 

Skybluemichael

Well-Known Member
  • Feb 29, 2020
  • #1,281
Grendel said:
Club aims to raise £35m from bond
Click to expand...
Thanks for this I can never find what I’m looking for in search thing, so it’s no skin off the ccc nose if wasps go bust in fact they benefit because they get to sell the same thing twice
 

Grendel

Well-Known Member
  • Feb 29, 2020
  • #1,282
Skybluemichael said:
Thanks for this I can never find what I’m looking for in search thing, so it’s no skin off the ccc nose if wasps go bust in fact they benefit because they get to sell the same thing twice
Click to expand...

Er no as they then have a loss making vehicle on an unsaleable short term lease and will face significant questions as to how they supported the project in the first place. It’s losses would quickly dwarf the sale price
 
Reactions: Sick Boy and duffer
C

CCFC54321

Well-Known Member
  • Feb 29, 2020
  • #1,283
A little warning for CCC and how this is all playing out as the main players involved will be reading this forum. Something doesn’t appear right here and I’d strongly suggest who ever is involved in the CCC making these decisions with Wasps have a good think that everything is above board and no repucusions can come there way as a lot of people are watching carefully to ensure all is above board.
 

Sick Boy

Super Moderator
  • Feb 29, 2020
  • #1,284
chiefdave said:
Click to expand...
Wow that’s a major shock!
 
C

CCFC54321

Well-Known Member
  • Mar 4, 2020
  • #1,285
More freebies fluttering around work again today. Interesting the people who took up the offer last time not interested this time around!!!
 
Reactions: Terry Gibson's perm and duffer

jordan210

Well-Known Member
  • Mar 8, 2020
  • #1,286
With the amount of free tickets and currently the lack of uptake. you would be feeling pretty pissed being a season ticket holder who had actually paid to watch wasps.
 

Liquid Gold

Well-Known Member
  • Mar 8, 2020
  • #1,287
Pitch looking great

 
B

Brighton Sky Blue

Well-Known Member
  • Mar 8, 2020
  • #1,288
jordan210 said:
With the amount of free tickets and currently the lack of uptake. you would be feeling pretty pissed being a season ticket holder who had actually paid to watch wasps.
Click to expand...

To be honest you'd have to be pissed to want to go
 

Terry Gibson's perm

Well-Known Member
  • Mar 8, 2020
  • #1,289
Liquid Gold said:
Pitch looking great

Click to expand...


Good work by my old mate Shirl
 

Sky Blue Harry H

Well-Known Member
  • Mar 8, 2020
  • #1,290
Terry Gibson's perm said:
Good work by my old mate Shirl
Click to expand...

Don't tell me you know him too - worked with him for a good few years!

Incidentally 9.503 attendance v Gloucs.
 

Terry Gibson's perm

Well-Known Member
  • Mar 8, 2020
  • #1,291
Sky Blue Harry H said:
Don't tell me you know him too - worked with him for a good few years!

Incidentally 9.503 attendance v Gloucs.
Click to expand...


I used to play cricket with him and his brother at a Bedworth.
 

Sky Blue Harry H

Well-Known Member
  • Mar 8, 2020
  • #1,292
Terry Gibson's perm said:
I used to play cricket with him and his brother at a Bedworth.
Click to expand...

Fair play - played footie with them both (both rubbish - sorry Yid and Mark, should have stuck to cricket!) Good lads the pair of them.
 

Liquid Gold

Well-Known Member
  • Mar 8, 2020
  • #1,293
Sky Blue Harry H said:
Don't tell me you know him too - worked with him for a good few years!

Incidentally 9.503 attendance v Gloucs.
Click to expand...
6,000 down on last year. Safe to say if we were there this year our crowds would be dwarfing theirs.
 
Reactions: duffer

Terry Gibson's perm

Well-Known Member
  • Mar 8, 2020
  • #1,294
Sky Blue Harry H said:
Fair play - played footie with them both (both rubbish - sorry Yid and Mark, should have stuck to cricket!) Good lads the pair of them.
Click to expand...


Yid is the better cricketer he used to take a pile of wickets every season.
 

chiefdave

Well-Known Member
  • Mar 8, 2020
  • #1,295
Liquid Gold said:
6,000 down on last year.
Click to expand...
That's the key figure there, that's a huge drop off. And off the back of a couple of wins. And lets be honest nobody is looking at those pictures and believing 1 in 3 seats is occupied.
 
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