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Wasps going into admin & the impact on CCFC (7 Viewers)

  • Thread starter Alkhen
  • Start date Sep 21, 2022
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shepardo01

Well-Known Member
  • Oct 18, 2022
  • #4,166
Liquid Gold said:
Imagine quoting David Conn, that horrible prick only writes what fits his agenda.
Click to expand...
Or what he may have been told by the Sky Blues Trust!... and probably CCC as part of their "media war" with SISU - "let's get Richard Keys on the case" or words to that effect.
 
Reactions: Frostie

Evo1883

Well-Known Member
  • Oct 18, 2022
  • #4,167
So reading the thread, it's highly unlikely that whatever happens will be good for ccfc .. ever the optimists
 
Reactions: ccfcchris, Hiraeth, CCFCSteve and 2 others

chiefdave

Well-Known Member
  • Oct 18, 2022
  • #4,168
Evo1883 said:
So reading the thread, it's highly unlikely that whatever happens will be good for ccfc .. ever the optimists
Click to expand...
Just assume it will be shit and if for a change something good happens it will be a nice surprise
 
Reactions: Ccfcsj, Hiraeth, duffer and 9 others

skybluetony176

Well-Known Member
  • Oct 18, 2022
  • #4,169
Evo1883 said:
So reading the thread, it's highly unlikely that whatever happens will be good for ccfc .. ever the optimists
Click to expand...
I guess theoretically it can’t be any worse than it has at other points during the last decade.
 
Reactions: Flying Fokker and Evo1883

Grendel

Well-Known Member
  • Oct 18, 2022
  • #4,170
Evo1883 said:
So reading the thread, it's highly unlikely that whatever happens will be good for ccfc .. ever the optimists
Click to expand...

Its uncertainty isn’t it as we have no control of our destiny
 
Reactions: AOM, Razzle Dazzle Dean Gordon and Evo1883

tisza

Well-Known Member
  • Oct 18, 2022
  • #4,171
Liquid Gold said:
Imagine quoting David Conn, that horrible prick only writes what fits his agenda.
Click to expand...
Wrote one good piece then a load of lazy rubbish afterwards
 

Razzle Dazzle Dean Gordon

Well-Known Member
  • Oct 18, 2022
  • #4,172
skybluetony176 said:
I guess theoretically it can’t be any worse than it has at other points during the last decade.
Click to expand...
It can always get worse, always.
 
Reactions: Skyblueweeman

shmmeee

Well-Known Member
  • Oct 18, 2022
  • #4,173
skybluetony176 said:
I guess theoretically it can’t be any worse than it has at other points during the last decade.
Click to expand...

I dunno, there’s always been this pipe dream of Sisu getting the ground the. Selling us to all the billionaires who will want us. Or if said billionaires cutting out the middle man they’ll buy them both at the same time.

If this ends up with a new ACL/Wasps owner and Sisu are still here I think that would be the end of hoping
 
Reactions: djr8369, Hiraeth, CCFCSteve and 1 other person

Liquid Gold

Well-Known Member
  • Oct 18, 2022
  • #4,174
shmmeee said:
I dunno, there’s always been this pipe dream of Sisu getting the ground the. Selling us to all the billionaires who will want us. Or if said billionaires cutting out the middle man they’ll buy them both at the same time.

If this ends up with a new ACL/Wasps owner and Sisu are still here I think that would be the end of hoping
Click to expand...
I thought that this sort of situation would be ideal for them.

They don't have to actually buy the ground but they can sell to someone who would want a club and ground who also buys the ground.

They can over value us knowing that the person buying the ground needs the club, the council can be rid of sisu for good without giving them a community asset.

Wasps stood in the way, maybe they still do is an issue.

I hope someone is negotiating for both. If it doesn't happen now then it never will.
 
Reactions: TomRad85, duffer and no_loyalty

SJ80

Well-Known Member
  • Oct 18, 2022
  • #4,175
Will be interesting to see what happens, personally would love someone to come in and buy the stadium and buy sisu but also invest into the team… daydreaming I know !

it is perversely funnyreading the wasps forums at the min though
 
Reactions: duffer

MalcSB

Well-Known Member
  • Oct 18, 2022
  • #4,176
oldfiver said:
Still there then ? Just not progressed

Spot the sideways shuffle from WH to another entity outside the group ?
Click to expand...
I’m surprised it’s still on Augusts report. It was always in Richardsons name, not Wasps - as I pointed out ages ago in one of their forums, alongside all the other Richardson companies designed to exploit the area around the arena.
 

Sky Blue Heaven

Well-Known Member
  • Oct 18, 2022
  • #4,177
Taken from the administrators interview with the Coventry Telegraph:

“I am sure if in the fullness of time, there is a new owner for that business (ACL) because that's going through an AMA (accelerated mergers and acquisitions) process as well, which we're running, that they would want to have Wasps as a tenant. Because obviously it's important to have the tenant for the income and I am sure that is where they would look to play”.

"The real thrust now, must be to find a preferred party. We've been talking to somebody today, and are reasonably hopeful, confident, I would say that tomorrow we will be pushing them forward and pushing them in front of the RFU to get that process going”

I wonder who this is….guess we’ll find out soon enough!
 
B

Brighton Sky Blue

Well-Known Member
  • Oct 18, 2022
  • #4,178
Sky Blue Heaven said:
Taken from the administrators interview with the Coventry Telegraph:

“I am sure if in the fullness of time, there is a new owner for that business (ACL) because that's going through an AMA (accelerated mergers and acquisitions) process as well, which we're running, that they would want to have Wasps as a tenant. Because obviously it's important to have the tenant for the income and I am sure that is where they would look to play”.

"The real thrust now, must be to find a preferred party. We've been talking to somebody today, and are reasonably hopeful, confident, I would say that tomorrow we will be pushing them forward and pushing them in front of the RFU to get that process going”

I wonder who this is….guess we’ll find out soon enough!
Click to expand...

That also suggests an individual rather than an organisation
 

slowpoke

Well-Known Member
  • Oct 18, 2022
  • #4,179
Sky Blue Heaven said:
Taken from the administrators interview with the Coventry Telegraph:

“I am sure if in the fullness of time, there is a new owner for that business (ACL) because that's going through an AMA (accelerated mergers and acquisitions) process as well, which we're running, that they would want to have Wasps as a tenant. Because obviously it's important to have the tenant for the income and I am sure that is where they would look to play”.

"The real thrust now, must be to find a preferred party. We've been talking to somebody today, and are reasonably hopeful, confident, I would say that tomorrow we will be pushing them forward and pushing them in front of the RFU to get that process going”

I wonder who this is….guess we’ll find out soon enough!
Click to expand...
Will we the fans be happy with Wasps as a tennant if they are I’d assume all the Wasp badges etc will stay.
 

usskyblue

Well-Known Member
  • Oct 18, 2022
  • #4,180
slowpoke said:
Will we the fans be happy with Wasps as a tennant if they are I’d assume all the Wasp badges etc will stay.
Click to expand...

Willwefuck… anyone keeping the insects in Coventry must be spectacularly fucking thick. There aren’t enough people that give a shiny shit about W*sps, hence the free tickets that end up in the bin… and the vast majority of Coventry fans hate the fuckers.

They either need to die, or fuckoff back to London.
 
Last edited: Oct 18, 2022
Reactions: SBQuin, AOM, BananaFlats and 10 others

Otis

Well-Known Member
  • Oct 18, 2022
  • #4,181
slowpoke said:
Will we the fans be happy with Wasps as a tennant if they are I’d assume all the Wasp badges etc will stay.
Click to expand...
I can't see how if we have already sawn them in half.
 
Reactions: Gynnsthetonic
H

HuckerbyDublinWhelan

Well-Known Member
  • Oct 18, 2022
  • #4,182
slowpoke said:
Will we the fans be happy with Wasps as a tennant if they are I’d assume all the Wasp badges etc will stay.
Click to expand...
as long as we make their badges as small as possible, make them have the away dressing room, and just pay their rent like a good tenant
 
Reactions: Saddlebrains, Skyblueweeman and duffer

MusicDating

Euro 2016 Prediction League Champion!!
  • Oct 18, 2022
  • #4,183
Sky Blue Heaven said:
Taken from the administrators interview with the Coventry Telegraph:

“I am sure if in the fullness of time, there is a new owner for that business (ACL) because that's going through an AMA (accelerated mergers and acquisitions) process as well, which we're running, that they would want to have Wasps as a tenant. Because obviously it's important to have the tenant for the income and I am sure that is where they would look to play”.

"The real thrust now, must be to find a preferred party. We've been talking to somebody today, and are reasonably hopeful, confident, I would say that tomorrow we will be pushing them forward and pushing them in front of the RFU to get that process going”

I wonder who this is….guess we’ll find out soon enough!
Click to expand...
I really don't see why anyone would buy before ACL admin. I can see why CCC/administrators are bigging up the supposed interest, but to me it's like an eBay listing with a buy-it-now price of £100 but also an auction starting at £5...
 
Reactions: Sky Blue Pete, duffer and wingy

bawtryneal

Well-Known Member
  • Oct 18, 2022
  • #4,184
Grendel said:
There was zero chance of Sisu even making an offer for the stadium let alone getting them on board. It was a fantasy
Click to expand...

Words that may come back to haunt you
 

jordan210

Well-Known Member
  • Oct 18, 2022
  • #4,185
Sky Blue Heaven said:
Taken from the administrators interview with the Coventry Telegraph:

“I am sure if in the fullness of time, there is a new owner for that business (ACL) because that's going through an AMA (accelerated mergers and acquisitions) process as well, which we're running, that they would want to have Wasps as a tenant. Because obviously it's important to have the tenant for the income and I am sure that is where they would look to play”.

"The real thrust now, must be to find a preferred party. We've been talking to somebody today, and are reasonably hopeful, confident, I would say that tomorrow we will be pushing them forward and pushing them in front of the RFU to get that process going”

I wonder who this is….guess we’ll find out soon enough!
Click to expand...

Feels like a desperate plea to try and get someone infront of Prem rugby so wasps can keep the P share
 
Reactions: Hiraeth

Alkhen

Well-Known Member
  • Oct 18, 2022
  • #4,186
Urgh I have a really horrible feeling this is going to go tits up for us.

The initial joy of Wasps demise has faded, now I'm really worried that the absolute best opportunity to tie the stadium and club back together is going to slip through our fingers.

It seems so ripe for someone like Mike Ashley to buy up the lot, there is plenty of scope to make a success of the club and stadium business, really the only chance we have of becoming a sustainable club with a chance to progress. I have no faith in either SISU or the council being sensible.

I really think an events firm in like NEC taking over would be a disaster for CCFC. They are going to want a massive percentage of match day revinue and would probably want more rent. These are the things that are holding us back.

I get some people's adversion to the idea of Ashley getting involved but he'd be ideal. He'd want to get us into the Prem asap but wouldn't over stretch to get there.

Is there any way of contacting him en masse and appealing to his ego to come on and save us?!
 
Reactions: no_loyalty
B

Brighton Sky Blue

Well-Known Member
  • Oct 18, 2022
  • #4,187
Alkhen said:
Urgh I have a really horrible feeling this is going to go tits up for us.

The initial joy of Wasps demise has faded, now I'm really worried that the absolute best opportunity to tie the stadium and club back together is going to slip through our fingers.

It seems so ripe for someone like Mike Ashley to buy up the lot, there is plenty of scope to make a success of the club and stadium business, really the only chance we have of becoming a sustainable club with a chance to progress. I have no faith in either SISU or the council being sensible.

I really think an events firm in like NEC taking over would be a disaster for CCFC. They are going to want a massive percentage of match day revinue and would probably want more rent. These are the things that are holding us back.

I get some people's adversion to the idea of Ashley getting involved but he'd be ideal. He'd want to get us into the Prem asap but wouldn't over stretch to get there.

Is there any way of contacting him en masse and appealing to his ego to come on and save us?!
Click to expand...

He wanted Derby plus their stadium in a lower division. Surely he’ll at least have considered the option here.
 
Reactions: CCFCSteve
C

CCFC54321

Well-Known Member
  • Oct 18, 2022
  • #4,188
Sky Blue Heaven said:
Taken from the administrators interview with the Coventry Telegraph:

“I am sure if in the fullness of time, there is a new owner for that business (ACL) because that's going through an AMA (accelerated mergers and acquisitions) process as well, which we're running, that they would want to have Wasps as a tenant. Because obviously it's important to have the tenant for the income and I am sure that is where they would look to play”.

"The real thrust now, must be to find a preferred party. We've been talking to somebody today, and are reasonably hopeful, confident, I would say that tomorrow we will be pushing them forward and pushing them in front of the RFU to get that process going”

I wonder who this is….guess we’ll find out soon enough!
Click to expand...
Why on earth would anyone wanting to buy wasps in there right mind want to continue playing in Coventry in front of less than 4,000 gates in the championship?

Carry on say then as it’ll end up again with an owner losing a shed full of money.

They need to accept the Coventry project failed and need to go back to London.
 
Reactions: Terry Gibson's perm, Skyblueweeman, torchomatic and 1 other person

Gynnsthetonic

Well-Known Member
  • Oct 18, 2022
  • #4,189
Alkhen said:
Urgh I have a really horrible feeling this is going to go tits up for us.

The initial joy of Wasps demise has faded, now I'm really worried that the the absolute best opportunity to tie the stadium and club back together is going to slip through our fingers.

It seems so ripe for someone like Mike Ashley to buy up the lot, there is plenty of scope to make a success of the club and stadium business, really the only chance we have of becoming a sustainable club with a chance to progress. I have no faith in either SISU or the council being sensible.

I really think an events firm in like NEC taking over would be a disaster for CCFC. They are going to want a massive percentage of match day revinue and would probably want more rent. These are the things that are holding us back.

I get some people's adversion to the idea of Ashley getting involved but he'd be ideal. He'd want to get us into the Prem asap but wouldn't over stretch to get there.

Is there any way of contacting him en masse and appealing to his ego to come on and save us?!
Click to expand...
Think you're getting ahead of yourself, nobody knows what NEC would do or whether they want it, Wasp only went into admin yesterday, lots to happen in the coming weeks/months
 
Reactions: Skyblueweeman, torchomatic and duffer
C

CCFC54321

Well-Known Member
  • Oct 18, 2022
  • #4,190
Brighton Sky Blue said:
He wanted Derby plus their stadium in a lower division. Surely he’ll at least have considered the option here.
Click to expand...
I’m sure he’s been playing around on his calculator to make some numbers/scenarios work before making a bid.

There’s going to be good days and bad days over the next two to three weeks.
 

shmmeee

Well-Known Member
  • Oct 18, 2022
  • #4,191
Liquid Gold said:
I thought that this sort of situation would be ideal for them.

They don't have to actually buy the ground but they can sell to someone who would want a club and ground who also buys the ground.

They can over value us knowing that the person buying the ground needs the club, the council can be rid of sisu for good without giving them a community asset.

Wasps stood in the way, maybe they still do is an issue.

I hope someone is negotiating for both. If it doesn't happen now then it never will.
Click to expand...

Quite. Really is shit or get off the pot time.
 
Reactions: djr8369, AOM, CCFCSteve and 5 others
C

CCFC54321

Well-Known Member
  • Oct 18, 2022
  • #4,192
Gynnsthetonic said:
Think you're getting ahead of yourself, nobody knows what NEC would do or whether they want it, Wasp only went into admin yesterday, lots to happen in the coming weeks/months
Click to expand...
I don’t think the nec would want the stadium. They don’t have enough events at the nec to justify buying another venue in my opinion. The cbs would just be an overspill to the nec and I don’t think the cbs has ever made enough cash to warrant all the effort personally.
 
B

Brighton Sky Blue

Well-Known Member
  • Oct 18, 2022
  • #4,193
CCFC54321 said:
I’m sure he’s been playing around on his calculator to make some numbers/scenarios work before making a bid.

There’s going to be good days and bad days over the next two to three weeks.
Click to expand...

He should be able to make the best ‘pitch’ for the venue all round and his record in business. If he goes for it I’d expect him to get it.
 
Reactions: CCFC54321

Alkhen

Well-Known Member
  • Oct 18, 2022
  • #4,194
Brighton Sky Blue said:
He wanted Derby plus their stadium in a lower division. Surely he’ll at least have considered the option here.
Click to expand...

No doubt he'll have had a look.

He strikes me as the type of guy that might appreciate a bit of ego massaging from our fans, let him know he could come in and get the club back.. let him know we aren't as delusional as Newcastle fans
 
Reactions: covcity4life
B

Brighton Sky Blue

Well-Known Member
  • Oct 18, 2022
  • #4,195
Alkhen said:
No doubt he'll have had a look.

He strikes me as the type of guy that might appreciate a bit of ego massaging from our fans, let him know he could come in and get the club back.. let him know we aren't as delusional as Newcastle fans
Click to expand...

Plus we like Dennis Wise
 
Reactions: wingy, Skyblueweeman, Hiraeth and 2 others

Alkhen

Well-Known Member
  • Oct 18, 2022
  • #4,196
CCFC54321 said:
I don’t think the nec would want the stadium. They don’t have enough events at the nec to justify buying another venue in my opinion. The cbs would just be an overspill to the nec and I don’t think the cbs has ever made enough cash to warrant all the effort personally.
Click to expand...

I thought it had been all but confirmed that the NEC group had expressed interest?
 
Last edited: Oct 18, 2022

jordan210

Well-Known Member
  • Oct 18, 2022
  • #4,197
Alkhen said:
I thought it had been all bit confirmed that the NEC group had expressed interest?
Click to expand...

Think we need to take what ever leaks with a pinch of salt.

Lots of games being played last week to try to save wasps and will continue with ACL
 
Reactions: Pete in Portugal, wingy, Skyblueweeman and 1 other person

no_loyalty

Well-Known Member
  • Oct 18, 2022
  • #4,198
Alkhen said:
Urgh I have a really horrible feeling this is going to go tits up for us.

The initial joy of Wasps demise has faded, now I'm really worried that the absolute best opportunity to tie the stadium and club back together is going to slip through our fingers.

It seems so ripe for someone like Mike Ashley to buy up the lot, there is plenty of scope to make a success of the club and stadium business, really the only chance we have of becoming a sustainable club with a chance to progress. I have no faith in either SISU or the council being sensible.

I really think an events firm in like NEC taking over would be a disaster for CCFC. They are going to want a massive percentage of match day revinue and would probably want more rent. These are the things that are holding us back.

I get some people's adversion to the idea of Ashley getting involved but he'd be ideal. He'd want to get us into the Prem asap but wouldn't over stretch to get there.

Is there any way of contacting him en masse and appealing to his ego to come on and save us?!
Click to expand...

Ashley would be ideal, just as long as he doesn’t replace Robins with Bruce.
 
Reactions: wingy and Alkhen

hutch1972

Well-Known Member
  • Oct 18, 2022
  • #4,199
GIMOC said:
The greens councillor is an absolute drip
Click to expand...
Greens and drips go hand in hand.
 
B

Brighton Sky Blue

Well-Known Member
  • Oct 18, 2022
  • #4,200
no_loyalty said:
Ashley would be ideal, just as long as he doesn’t replace Robins with Bruce.
Click to expand...

Just drive Bruce to German Doner Kebab and he’ll never leave
 
Reactions: eastwoodsdustman, Alkhen and no_loyalty
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