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Wasps going into admin & the impact on CCFC (6 Viewers)

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

Well-Known Member
  • Oct 30, 2022
  • #6,336
I was hoping the worst case would be Richardson retaining the stadium without the debt attached and looking to sell it for as much as possible while Wasps resurrect in London with nothing to do with Richardson anymore
 
Reactions: Kneeza and Otis

MusicDating

Euro 2016 Prediction League Champion!!
  • Oct 30, 2022
  • #6,337
alexccfc99 said:
What’s it say, I’m not paying to read it
Click to expand...

Coventry City are in talks with Walsall over a potential short-term groundshare after being plunged into another stadium crisis.

City face being kicked out of their CBS Arena home with Arena Coventry Limited (ACL), the company which owns the ground, on the verge of administration.

ACL must either secure new funding or a buyer for the stadium by Monday, with Coventry returning to Championship action on Tuesday with a home match against Blackburn.

Mark Robins, the Coventry manager, says they are looking at alternative venues and League Two club Walsall has emerged as a serious option.Walsall’s Poundland Bescot Stadium is 27 miles away from the CBS Arena, and negotiations between the two clubs are under way.

If the move goes ahead, it will be the third time Coventry have moved their home matches to a different stadium, after previously using Northampton Town’s Sixfields and Birmingham City’s St. Andrews.

Walsall do not play at home until November 19, while Coventry have three more home matches before the World Cup break. Coventry have played only six of their 15 matches at home this season, after games earlier in the campaign were cancelled due to a unsafe playing surface.

There are also fears that the EFL could punish Coventry with a fine or suspended points deduction if home matches are moved out of the city.

In another unwanted development at the club, the EFL has also hit Coventry with a transfer embargo after an alleged issue with payment to HMRC.

After the home defeat by Blackpool on Saturday, Robins said: “It's my job to prepare the team wherever we play.

"The players, the staff and the club have been punched around for far too long and the club should never be allowed to be separated from their stadium or their training ground. It should all go hand-in-hand. That's it.

"[Tuesday night’s game] will go ahead. I know where the potential alternatives are but I'm not at liberty to tell you."

Coventry are 22nd in the Championship table, three points ahead of bottom club West Bromwich Albion.
Click to expand...

Transfer embargo too Fk me, what a season
 

Terry Gibson's perm

Well-Known Member
  • Oct 30, 2022
  • #6,338
If they fuck over the current creditors they are going to need a large amount of cash to get started as surely most businesses will want cash up front and credit would be out of the question.
 
Reactions: SkyBlueSam01

torchomatic

Well-Known Member
  • Oct 30, 2022
  • #6,339
I wasn't worried. Now I am.
 
Reactions: Skyblueweeman, vow, wingy and 1 other person
R

robbiethemole

Well-Known Member
  • Oct 30, 2022
  • #6,340
You can bet your life the cunts at the Council will be bending over backwards to make sure this farce goes the way of Wasps!
Anything to make sure CCFC are fucked over
 
Reactions: SBQuin and vow

Calista

Well-Known Member
  • Oct 30, 2022
  • #6,341
alexccfc99 said:
What’s it say, I’m not paying to read it
Click to expand...
Short term groundshare at Walsall, who don’t play at home until November 19.

Fears that EFL could punish us with a fine or suspended points deduction if home matches are moved out of the city

“In another unwanted development at the club, the EFL has also hit Coventry with a transfer embargo after an alleged issue with payment to HMRC.”
 

Terry Gibson's perm

Well-Known Member
  • Oct 30, 2022
  • #6,342
MusicDating said:
Transfer embargo too Fk me, what a season
Click to expand...


Is it a self imposed embargo
 
Reactions: olderskyblue, wingy and clint van damme

Calista

Well-Known Member
  • Oct 30, 2022
  • #6,343
The cork-popping, gloating and premature ejaculations on here when Wasps went into admin were embarrassing. I must confess I haven’t got a clue what most of the stuff written since then even means, but I fear we still have years of legals to come.
 
Reactions: djr8369 and wingy

Nick

Administrator
  • Oct 30, 2022
  • #6,344
Esoterica said:
It would take brass balls of epic proportions to pull off a pre-pack, retain the stadium and just carry on in the city like nothing has happens.
Click to expand...
It really would.

Although I can see the council loving it.

It wouldn't surprise me at all if it happened.
 
O

oldfiver

Well-Known Member
  • Oct 30, 2022
  • #6,345
Terry Gibson's perm said:
If they fuck over the current creditors they are going to need a large amount of cash to get started as surely most businesses will want cash up front and credit would be out of the question.
Click to expand...
I read it that they are only referring to the "Rugby Club" reforming
 

Grendel

Well-Known Member
  • Oct 30, 2022
  • #6,346
robbiethemole said:
You can bet your life the cunts at the Council will be bending over backwards to make sure this farce goes the way of Wasps!
Anything to make sure CCFC are fucked over
Click to expand...

The council will be steering well clear of this
 

Evo1883

Well-Known Member
  • Oct 30, 2022
  • #6,347
So basically , wasps staying here would ofcourse just prolong another situation like this for them , it will NEVER WORK
 
Reactions: Tommo1993

Liquid Gold

Well-Known Member
  • Oct 30, 2022
  • #6,348
We must honestly be the unluckiest club in the world.

Can’t stand it when you see ‘big 6’ fans on social media proclaiming how bad they have it. They have no fucking idea.
 
Reactions: SBQuin, AOM, pusbccfc and 9 others

SeaSeeEffCee

Well-Known Member
  • Oct 30, 2022
  • #6,349
Sick of being a fucking laughing stock man
 

Nick

Administrator
  • Oct 30, 2022
  • #6,350
Grendel said:
The council will be steering well clear of this
Click to expand...
You think?
 
R

robbiethemole

Well-Known Member
  • Oct 30, 2022
  • #6,351
I thought the mantra was ‘ at least SISU always paid everyone on time, players, staff, HMRC’, maybe not eh?
 
Reactions: Greggs

Nick

Administrator
  • Oct 30, 2022
  • #6,352
SeaSeeEffCee said:
Sick of being a fucking laughing stock man
Click to expand...
Not sure we are though?
 

Grendel

Well-Known Member
  • Oct 30, 2022
  • #6,353
Somewhat concerning we are in a transfer embargo with non tax payments
 
Reactions: mark82

alexccfc99

Well-Known Member
  • Oct 30, 2022
  • #6,354
Calista said:
Short term groundshare at Walsall, who don’t play at home until November 19.

Fears that EFL could punish us with a fine or suspended points deduction if home matches are moved out of the city

“In another unwanted development at the club, the EFL has also hit Coventry with a transfer embargo after an alleged issue with payment to HMRC.”
Click to expand...

Farce, I’m not doing Walsall - Joke of a situation

Needs to be huge backlash from our supporters if we’re deducted points, would be disgraceful
 

Saddlebrains

Well-Known Member
  • Oct 30, 2022
  • #6,355
Why are we under an embargo?


If this goes tits up thats me done tbh
 

Grendel

Well-Known Member
  • Oct 30, 2022
  • #6,356
Nick said:
Not sure we are though?
Click to expand...

Of course we are. We’ve moved twice about to go again and have done nothing about it
 

Nick

Administrator
  • Oct 30, 2022
  • #6,357
alexccfc99 said:
Farce, I’m not doing Walsall - Joke of a situation

Needs to be huge backlash from our supporters if we’re deducted points, would be disgraceful
Click to expand...
If games are on, we won't be.
 

Liquid Gold

Well-Known Member
  • Oct 30, 2022
  • #6,358
Sisu have pulled the plug on us. I suspect that means a sale is around the corner.

I hope Richardson doesn’t get in the way of it.
 

Evo1883

Well-Known Member
  • Oct 30, 2022
  • #6,359
Liquid Gold said:
Sisu have pulled the plug on us. I suspect that means a sale is around the corner.

I hope Richardson doesn’t get in the way of it.
Click to expand...

Who said they have?
 

Nick

Administrator
  • Oct 30, 2022
  • #6,360
Hmmm wondering which side the story came from?

If wasps are about to pull a fast one then it's standard to get the city fans angry at sisu.
 
Reactions: MAFF, SkyBlueSam01, MusicDating and 2 others

TomRad85

Well-Known Member
  • Oct 30, 2022
  • #6,361
Wait what's gone on today exactly? Why is everyone losing it?

Sent from my SM-G973F using Tapatalk
 
Reactions: Earlsdon_Skyblue1 and Evo1883

Otis

Well-Known Member
  • Oct 30, 2022
  • #6,362
Calista said:
The cork-popping, gloating and premature ejaculations on here when Wasps went into admin were embarrassing. I must confess I haven’t got a clue what most of the stuff written since then even means, but I fear we still have years of legals to come.
Click to expand...
As soon as I heard the news I didn't celebrate and thought I am not going to until the fat lady has finished singing and I know they have gone, never to return and the ground is solely ours to play in again.

Hopefully things will be a lot clearer tomorrow.
 
Reactions: no_loyalty, Calista and Gynnsthetonic

Liquid Gold

Well-Known Member
  • Oct 30, 2022
  • #6,363
Evo1883 said:
Who said they have?
Click to expand...
The summer transfer window was all about making do.

We sold Hyam to get by from the rearranged fixtures.

Now they’re not paying HMRC when the club can’t afford it.

It all points to them cutting the club adrift as they want a new owner to fund things.
 

chiefdave

Well-Known Member
  • Oct 30, 2022
  • #6,364
Saddlebrains said:
Why are we under an embargo?
Click to expand...
"HMRC Reporting" whatever that means
 

Evo1883

Well-Known Member
  • Oct 30, 2022
  • #6,365
TomRad85 said:
Wait what's gone on today exactly? Why is everyone losing it?

Sent from my SM-G973F using Tapatalk
Click to expand...

Wasps getting a new owner (saviour) basically
 

Otis

Well-Known Member
  • Oct 30, 2022
  • #6,366
TomRad85 said:
Wait what's gone on today exactly? Why is everyone losing it?

Sent from my SM-G973F using Tapatalk
Click to expand...
It's like the clocks went forwards rather than backwards and everyone is angry at a lack of sleep.
 
Reactions: pusbccfc, TomRad85 and wingy

Grendel

Well-Known Member
  • Oct 30, 2022
  • #6,367
Nick said:
Hmmm wondering which side the story came from?

If wasps are about to pull a fast one then it's standard to get the city fans angry at sisu.
Click to expand...

If we are under an embargo for non payment to HMRC aren’t you at all concerned?
 
C

CCFC54321

Well-Known Member
  • Oct 30, 2022
  • #6,368
Esoterica said:
It would take brass balls of epic proportions to pull off a pre-pack, retain the stadium and just carry on in the city like nothing has happens.
Click to expand...
If this was allowed to happen then this is on the verge of criminal activity and the police would be watching bloody closely.

If those bastards retained the stadium by hook or crook what message does that send to the rest of sport and businesses in general just con your way to being given money and not pay it back and worm around ‘the system’ to be rewarded still?

The administrator will be watched very closely by everyone concerned and if there is a hint of wasps favouritism then he/she’s reputation should be in shatters.
 
Reactions: SBQuin

Grendel

Well-Known Member
  • Oct 30, 2022
  • #6,369
chiefdave said:
"HMRC Reporting" whatever that means
Click to expand...

would this be 5 embargo’s under Sisu - I’ve lost count
 

Grendel

Well-Known Member
  • Oct 30, 2022
  • #6,370
CCFC54321 said:
If this was allowed to happen then this is on the verge of criminal activity and the police would be watching bloody closely.

If those bastards retained the stadium by hook or crook what message does that send to the rest of sport and businesses in general just con your way to being given money and not pay it back and worm around ‘the system’ to be rewarded still?

The administrator will be watched very closely by everyone concerned and if there is a hint of wasps favouritism then he/she’s reputation should be in shatters.
Click to expand...

it’s no more criminal than what we did in 2014
 
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