Non AMP
Sky Blues Talk
  • Home
  • Forums
  • Coventry City Football Club
  • Football & Other Sports
This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

Wasps downward spiral... (3 Viewers)

  • Thread starter CCFC54321
  • Start date Oct 20, 2018
Forums New posts
Prev
  • 1
  • …
  • 39
  • 40
  • 41
  • 42
  • 43
  • …
  • 211
Next
First Prev 41 of 211 Next Last
B

bradwellskyblues

Well-Known Member
  • Mar 21, 2020
  • #1,401
English rugby in turmoil as Premiership players consider strike over proposed pay cuts | Daily Mail Online
 

chiefdave

Well-Known Member
  • Mar 21, 2020
  • #1,402
bradwellskyblues said:
English rugby in turmoil as Premiership players consider strike over proposed pay cuts | Daily Mail Online
Click to expand...
Not shouting about being the richest club in Europe now are they. Presumably if this has made such an impact they must be handing back all the TV and sponsorship money. They can't need the players to take a 25% reduction based on lost gate receipts given most of the tickets are free and there's hardly anyone there.
 
Reactions: Kneeza

LastGarrison

Well-Known Member
  • Mar 21, 2020
  • #1,403
So this would now be the ideal time to put the pressure on about the return of CCFC then?
 
B

bradwellskyblues

Well-Known Member
  • Mar 21, 2020
  • #1,404
I think to be fair they do okay on match day entertaining which will be lost,but given loss of almost all their revenues and presumably all ACL revenue they are clearly in a pickle. Rugby does not have the resources of EFL PFA and Prem lge to fall back on for help just look at cutting of funding to Cov rugby by RFU recently as an example.
Let’s see how their friends at CCC respond
 
C

CCFC54321

Well-Known Member
  • Mar 21, 2020
  • #1,405
Wasps should not worry...

Coventry public-
“Dear Coventry City Council could we have money to help support the people of Coventry from Corona virus by supplying the needy with basic essentials along with the elderly?”

Coventry Council “No! We haven’t got the finances available.”

5 minutes later...

Wasps chief executive-
“Dear Coventry City council could we borrow money to pay players wages and keep the club afloat with 0% terms over 5 years?”

CCC- “Of course, we have provisions set up to support you my friend... how much do you need and while we’re at it lets talk about next years free season tickets.”
 

MusicDating

Euro 2016 Prediction League Champion!!
  • Mar 21, 2020
  • #1,406
Gloucester's wage bill is £12m a year!

Four Premiership clubs make 25% wage cuts because of coronavirus outbreak
 

Liquid Gold

Well-Known Member
  • Mar 21, 2020
  • #1,407
MusicDating said:
Gloucester's wage bill is £12m a year!

Four Premiership clubs make 25% wage cuts because of coronavirus outbreak
Click to expand...
Nobody should be paid that much for being a fat lad hugging other fat lads.
 
Reactions: Terry Gibson's perm

oldskyblue58

CCFC Finance Director
  • Mar 23, 2020
  • #1,408
Nick said:
Imagine if Joy is sat there picking up all of these bonds.
Click to expand...

a possibility, as is Derek Richardson and his associates doing the same thing. I would think he must own some. At a price of 40p in the £ you get the whole lot for £14m. It could relieve some of the finance pressure, may be ease the refinancing too if he owned/controlled nearly the whole lot at a 60% discount. The interest largely paid to the owner who could reinvest it in the club which would be cash flow neutral for wasps. Come 2022 he would control the refinancing. Just a thought
 
W

wingy

Well-Known Member
  • Mar 23, 2020
  • #1,409
oldskyblue58 said:
a possibility, as is Derek Richardson and his associates doing the same thing. I would think he must own some. At a price of 40p in the £ you get the whole lot for £14m. It could relieve some of the finance pressure, may be ease the refinancing too if he owned/controlled nearly the whole lot at a 60% discount. The interest largely paid to the owner who could reinvest it in the club which would be cash flow neutral for wasps. Come 2022 he would control the refinancing. Just a thought
Click to expand...
Always had this Idea since they somehow messed up that cash injection 18+24 months ago

The first ripple and way too naive to be making .

Assuming the funds are there of course.
 
D

djbooth

Well-Known Member
  • Mar 23, 2020
  • #1,410
oldskyblue58 said:
a possibility, as is Derek Richardson and his associates doing the same thing. I would think he must own some. At a price of 40p in the £ you get the whole lot for £14m. It could relieve some of the finance pressure, may be ease the refinancing too if he owned/controlled nearly the whole lot at a 60% discount. The interest largely paid to the owner who could reinvest it in the club which would be cash flow neutral for wasps. Come 2022 he would control the refinancing. Just a thought
Click to expand...

But they haven’t. As no one has being buying them. Does that mean they think it will go tits up???
 

oldskyblue58

CCFC Finance Director
  • Mar 23, 2020
  • #1,411
From the London stock exchange website Value of trades
January 18m
February 8m
March 10m

It's not they have not been bought or sold at all.
 
D

djbooth

Well-Known Member
  • Mar 23, 2020
  • #1,412
oldskyblue58 said:
From the London stock exchange website Value of trades
January 18m
February 8m
March 10m

It's not they have not been bought or sold at all.
Click to expand...

I’s that trades for wasps bonds????? I thought as the price was so low and on no one has bought or sold any since they went down to £40. Surely Richardson and his associates would be snapping them up? This is why I had made the assumption that they think it’s going tits up?
 
C

CCFC88

Well-Known Member
  • Mar 23, 2020
  • #1,413
Chat amongst bond holders here

Wasps 22 Chat - WAS1 | ADVFN​
 
W

wingy

Well-Known Member
  • Mar 23, 2020
  • #1,414
Have they announced that the Killers will be off in the summer yet?
 

fernandopartridge

Well-Known Member
  • Mar 23, 2020
  • #1,415
wingy said:
Have they announced that the Killers will be off in the summer yet?
Click to expand...

The killers may be off but the deaths are going up.
 
Reactions: CanadianCCFC and wingy

chiefdave

Well-Known Member
  • Mar 23, 2020
  • #1,416
wingy said:
Have they announced that the Killers will be off in the summer yet?
Click to expand...
Europe dates run 26 May - 18 July so almost certainly off. Starts in the UK but some European countries have already banned large gatherings into June.

They then start a US tour on 18 August so doesn't look promising for rescheduling.
 
Reactions: wingy

shepardo01

Well-Known Member
  • Mar 23, 2020
  • #1,417
 

chiefdave

Well-Known Member
  • Mar 23, 2020
  • #1,418
shepardo01 said:
Click to expand...
Good time to be trying to build another hotel.
 
Reactions: duffer and wingy

tisza

Well-Known Member
  • Mar 24, 2020
  • #1,419
MusicDating said:
Gloucester's wage bill is £12m a year!

Four Premiership clubs make 25% wage cuts because of coronavirus outbreak
Click to expand...
that's a suspicious figure with the cap even allowing for non-playing staff and 2 exempted players
 

Peter Billing

Well-Known Member
  • Mar 24, 2020
  • #1,420
A fine example being set by the Wasps board Director.

Ex-England rugby ace Lawrence Dallaglio 'spent up to £10,000 in brothel', court hears | Daily Mail Online
 

chiefdave

Well-Known Member
  • Mar 24, 2020
  • #1,421
Peter Billing said:
A fine example being set by the Wasps board Director.

Ex-England rugby ace Lawrence Dallaglio 'spent up to £10,000 in brothel', court hears | Daily Mail Online
Click to expand...
Funnily enough doesn't seem to be any mention of it in the Telegraph.
 

Grendel

Well-Known Member
  • Mar 25, 2020
  • #1,422
chiefdave said:
Funnily enough doesn't seem to be any mention of it in the Telegraph.
Click to expand...
Lol some classics on here

DrunkenWasps.com - Dallaglio
 
Reactions: Sick Boy

Nick

Administrator
  • Mar 25, 2020
  • #1,423
Les Reid and sisu making things up.

I'm sure if it was fisher the telegraph would mention it.
 

Liquid Gold

Well-Known Member
  • Mar 25, 2020
  • #1,424
They are cultists. No matter what the news their first inclination is to form ranks and completely deny whatever they hear. Delusional. Once they go bust and we’re back in the Championship I hope any c**t turning up to our games in their merchandise is hounded straight out.
 
Reactions: Kneeza

Terry Gibson's perm

Well-Known Member
  • Mar 25, 2020
  • #1,425
chiefdave said:
Funnily enough doesn't seem to be any mention of it in the Telegraph.
Click to expand...


When it makes the telegraph it will say wasps director makes generous donation to kind ladies house.
 
Reactions: Nick
W

wingy

Well-Known Member
  • Mar 25, 2020
  • #1,426
When will they be having to supply the next valuation on the stadium .
That will absolutely tank .
 

jordan210

Well-Known Member
  • Mar 25, 2020
  • #1,427
Grendel said:
Lol some classics on here

DrunkenWasps.com - Dallaglio
Click to expand...

I generally cant tell if that forum is a parody with some of the nonsense they come up with
 

Nick

Administrator
  • Mar 25, 2020
  • #1,428
Didn't the same bloke have a scandal about taking coke too?

Imagine if it was Tim Fisher...
 

chiefdave

Well-Known Member
  • Mar 25, 2020
  • #1,429
Still nothing in the Telegraph but they have managed to publish this
Wasps staff ordered to take three months leave but no jobs cut
Sure its a shock to us all that Wasps are at the front of the queue for a taxpayer handout.
 

Nick

Administrator
  • Mar 25, 2020
  • #1,430
chiefdave said:
Still nothing in the Telegraph but they have managed to publish this
Wasps staff ordered to take three months leave but no jobs cut
Sure its a shock to us all that Wasps are at the front of the queue for a taxpayer handout.
Click to expand...

Heroes!

Yet CCFC don't expect pay cuts and they get click bait to make people think they are!
 

shepardo01

Well-Known Member
  • Mar 25, 2020
  • #1,431
chiefdave said:
Still nothing in the Telegraph but they have managed to publish this
Wasps staff ordered to take three months leave but no jobs cut
Sure its a shock to us all that Wasps are at the front of the queue for a taxpayer handout.
Click to expand...
Right- I'm no accountant, but are they being sneaky here??
Lots of revenue will already be there for the season- season ticket sales, sponsorship, packages etc.
If they resume, they will STILL get matchday revenue too...
Are they right in claiming 3 months support if they are likely to get the cash anyway if season continues?
May not be explained well but are they claiming "extra" which they are likely to get later in season anyway!????
PLUS- players taking 25% cut too...
 
Last edited: Mar 25, 2020
B

Brighton Sky Blue

Well-Known Member
  • Mar 25, 2020
  • #1,432
chiefdave said:
Still nothing in the Telegraph but they have managed to publish this
Wasps staff ordered to take three months leave but no jobs cut
Sure its a shock to us all that Wasps are at the front of the queue for a taxpayer handout.
Click to expand...

I think they're perfectly entitled to it. Once they deduct £10m for being gifted the stadium by the council of course.
 

Grendel

Well-Known Member
  • Mar 25, 2020
  • #1,433
shepardo01 said:
Right- I'm no accountant, but are they being sneaky here??
Lots of revenue will already be there for the season- season ticket sales, sponsorship, packages etc.
If they resume, they will STILL get matchday revenue too...
Are they right in claiming 3 months support if they are likely to get the cash anyway if season continues?
May not be explained well but are they claiming "extra" which they are likely to get later in season anyway!????
PLUS- players taking 25% cut too...
Click to expand...

Season is likely to be cancelled altogether I’d think.
 

shepardo01

Well-Known Member
  • Mar 25, 2020
  • #1,434
Grendel said:
Season is likely to be cancelled altogether I’d think.
Click to expand...
If it isn't, and they DO play remaining games, will this Govt grant mean that they have extra money coming in.... state aid, if you like!
 

Nick

Administrator
  • Mar 26, 2020
  • #1,435
The England rugby ace and a £10,000 bill in a brothel | Daily Mail Online
 
Prev
  • 1
  • …
  • 39
  • 40
  • 41
  • 42
  • 43
  • …
  • 211
Next
First Prev 41 of 211 Next Last
You must log in or register to reply here.

Users who are viewing this thread

Total: 2 (members: 0, guests: 2)
Share:
Facebook Twitter Reddit Pinterest Tumblr WhatsApp Email
  • Home
  • Forums
  • Coventry City Football Club
  • Football & Other Sports
  • Default Style
  • Contact us
  • Terms and rules
  • Privacy policy
  • Help
  • Home
Community platform by XenForo® © 2010-2021 XenForo Ltd.
Menu
Log in

Register

  • Home
  • Forums
    • New posts
    • Search forums
  • What's new
    • New posts
    • Latest activity
  • Members
    • Current visitors
  • Donate to the Season Ticket Fund
X

Privacy & Transparency

We use cookies and similar technologies for the following purposes:

  • Personalized ads and content
  • Content measurement and audience insights

Do you accept cookies and these technologies?

X

Privacy & Transparency

We use cookies and similar technologies for the following purposes:

  • Personalized ads and content
  • Content measurement and audience insights

Do you accept cookies and these technologies?