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Wasps going into admin & the impact on CCFC (3 Viewers)

  • Thread starter Alkhen
  • Start date Sep 21, 2022
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The Philosopher

Well-Known Member
  • Oct 31, 2022
  • #7,351
Saddlebrains said:
Fuck it, saying it, kept it quiet for days if I'm wrong I'm wrong and he gets a whack

American investors, introduced by/ somehow linked into SISU have been over here for a week or so

New investor buys the CBS, gets 51% of the football club and then the SISU are saving money on rent etc. We make match day revenue and get a cut of the exhibitions/concerts/events etc.

The new investor either buys SISU out, a new owner comes in and buys everyone out or SISU sit pretty with their 49% and reap the rewards of the stadium ownership without ever having to buy it
Click to expand...
So if the investors were to get 51% of this vampire company, will they be the main STAKEholder?

(Halloween themed pun)

Gets coat.
 
Reactions: Somerset Sky Blue and Gynnsthetonic

fernandopartridge

Well-Known Member
  • Oct 31, 2022
  • #7,352
Grendel said:
That’s for the rugby club only to save it and no other assets - the council will not want wasps back here
Click to expand...

Yeah, it's basically buying the badge etc isn't it
 

covcity4life

Well-Known Member
  • Oct 31, 2022
  • #7,353
Fucking I just caught up with all of today's posts. I avoided news all day and read the thread unspoiled like it was match of the day lmao

At least we own the stadium now though. That's why the game is on at CBS tmrw because we make the fucking rules now

Wooohoh
 
R

Rodders1

Well-Known Member
  • Oct 31, 2022
  • #7,354
Brighton Sky Blue said:
In Ashley's case we know he has all the capital to hand.
Click to expand...
And kappa
 
Reactions: torchomatic, clint van damme, EalingSB and 2 others
S

SkyBlueSam01

Well-Known Member
  • Oct 31, 2022
  • #7,355
Apparently Gilbert has suggested a 51/49 deal between SISU and American investor? Can't see it on twitter but maybe on fancast?
 
D

Deleted member 5849

Guest
  • Oct 31, 2022
  • #7,356
SkyBlueSam01 said:
Apparently Gilbert has suggested a 51/49 deal between SISU and American investor? Can't see it on twitter but maybe on fancast?
Click to expand...
If he has then saddlebrains actually has a proper source, which would be as mental as anything else that's happened.
 
Reactions: GaryMabbuttsLeftKnee, djr8369, Skybluecol and 23 others

Liquid Gold

Well-Known Member
  • Oct 31, 2022
  • #7,357
SkyBlueSam01 said:
Apparently Gilbert has suggested a 51/49 deal between SISU and American investor? Can't see it on twitter but maybe on fancast?
Click to expand...
Unfortunately they might look to sell Julian Gray though.
 
Reactions: duffer and PUSB-We_are_going_up

no_loyalty

Well-Known Member
  • Oct 31, 2022
  • #7,358
I have not read any of this thread today as have been at work, are we expecting Joy, Tim and Dave to be linking arms on the pitch tomorrow night pre match, with an announcement Sisu have purchased the stadium?
 

skybluetony176

Well-Known Member
  • Oct 31, 2022
  • #7,359
Just caught the headlines for BBC Midlands Today and it says the deadline is midnight. So maybe any updates were always only going to happen at the start of business in the morning.
 

Calista

Well-Known Member
  • Oct 31, 2022
  • #7,360
covcity4life said:
Fucking I just caught up with all of today's posts. I avoided news all day and read the thread unspoiled like it was match of the day lmao

At least we own the stadium now though. That's why the game is on at CBS tmrw because we make the fucking rules now

Wooohoh
Click to expand...
Think your speed-reading has got ahead of itself a bit
 
A

Ashdown

Well-Known Member
  • Oct 31, 2022
  • #7,361
Would anyone really want to get into bed with Joyless and her Sue brigade ?!
 

Johnnythespider

Well-Known Member
  • Oct 31, 2022
  • #7,362
Deleted member 5849 said:
If he has then saddlebrains actually has a proper source, which would be as mental as anything else that's happened.
Click to expand...
Gilbert is saddlebrains
 
Reactions: olderskyblue
R

rexo87

Well-Known Member
  • Oct 31, 2022
  • #7,363
Turner reporting 2 bids accepted 1 of which is NEC. Not sure how much I believe him though. Also pretty dismissive of Sisu in the article

Sent from my SM-G991B using Tapatalk
 
S

SkyBlueSam01

Well-Known Member
  • Oct 31, 2022
  • #7,364
no_loyalty said:
I have not read any of this thread today as have been at work, are we expecting Joy, Tim and Dave to be linking arms on the pitch tomorrow night pre match, with an announcement Sisu have purchased the stadium?
Click to expand...

It would be just their style to turn the announcement into some kind of utterly bizarre ceremony.

I'm thinking the three of them slowly march out with arms linked as Carmina Burana plays over the tannoy. Probably a blood sacrifice of one of the U21s in the centre circle as they sign the contract too.
 
Reactions: no_loyalty

Skybluedownunder

Well-Known Member
  • Oct 31, 2022
  • #7,365
jordan210 said:

They can bugger off. Ask CCC or wasps for a pint
Click to expand...

Good luck with that, we ain’t got no beer lol


Sent from my iPhone using Tapatalk
 
H

HuckerbyDublinWhelan

Well-Known Member
  • Oct 31, 2022
  • #7,366
rexo87 said:
Turner reporting 2 bids accepted 1 of which is NEC. Not sure how much I believe him though. Also pretty dismissive of Sisu in the article

Sent from my SM-G991B using Tapatalk
Click to expand...
That NEC bid would be a disaster of epic proportions
 
Reactions: ccfc922, Alkhen, hutch1972 and 6 others

Torquay Sky Blue

Well-Known Member
  • Oct 31, 2022
  • #7,367
Johnnythespider said:
Gilbert is saddlebrains
Click to expand...
Saddlebrains is the defunct Believer
 
S

SkyBlueSam01

Well-Known Member
  • Oct 31, 2022
  • #7,368
rexo87 said:
Turner reporting 2 bids accepted 1 of which is NEC. Not sure how much I believe him though. Also pretty dismissive of Sisu in the article

Sent from my SM-G991B using Tapatalk
Click to expand...

Where is the article?
 

covcity4life

Well-Known Member
  • Oct 31, 2022
  • #7,369
HuckerbyDublinWhelan said:
That NEC bid would be a disaster of epic proportions
Click to expand...
You think they would have zero interest in ccfc? Just want us as tenants?
 
R

rexo87

Well-Known Member
  • Oct 31, 2022
  • #7,370
SkyBlueSam01 said:
Where is the article?
Click to expand...

CBS Arena bids expected to secure Coventry City home fixtures

Coventry City stadium news from CoventryLive as the CBS Arena is the subject of interest from two firm offers
www.coventrytelegraph.net

Sent from my SM-G991B using Tapatalk
 
Reactions: SkyBlueSam01
R

rexo87

Well-Known Member
  • Oct 31, 2022
  • #7,371
HuckerbyDublinWhelan said:
That NEC bid would be a disaster of epic proportions
Click to expand...
Yeah that's why I chose not to believe it. Can't cope with that

Sent from my SM-G991B using Tapatalk
 
B

Brighton Sky Blue

Well-Known Member
  • Oct 31, 2022
  • #7,372
rexo87 said:
Turner reporting 2 bids accepted 1 of which is NEC. Not sure how much I believe him though. Also pretty dismissive of Sisu in the article

Sent from my SM-G991B using Tapatalk
Click to expand...

If it's just two that might suggest SISU have had a good enough offer from Ashley.
 
Reactions: no_loyalty

hutch1972

Well-Known Member
  • Oct 31, 2022
  • #7,373
Saddlebrains said:
Only kind of update today is Ashley is 100% still in the game and he would be stadium + club

Wasps takeover means fuck all, they wont get a sniff of the stadium . Apparently
Click to expand...
Johnnythespider said:
Careful you'll have Sunderland fans agreeing with you
Click to expand...
True ,but those f**c wits are twice as bad.
 

chiefdave

Well-Known Member
  • Oct 31, 2022
  • #7,374
We've had days of people saying nobody would bid before liquidation as they'd have to sort out the debt and bondholders but now we're talking about multiple bids. So why are people bidding before it's all gone tits up and there's not a huge debt that needs dealing with?
 
Reactions: djr8369

no_loyalty

Well-Known Member
  • Oct 31, 2022
  • #7,375
Brighton Sky Blue said:
If it's just two that might suggest SISU have had a good enough offer from Ashley.
Click to expand...

Please let this be true.
 
Reactions: Gynnsthetonic

TomRad85

Well-Known Member
  • Oct 31, 2022
  • #7,376
NEC can go suck a Wasp shaped dick.

Sent from my SM-G973F using Tapatalk
 
Reactions: skybluepm2, eastwoodsdustman and shepardo01

Nick

Administrator
  • Oct 31, 2022
  • #7,377
rexo87 said:

CBS Arena bids expected to secure Coventry City home fixtures

Coventry City stadium news from CoventryLive as the CBS Arena is the subject of interest from two firm offers
www.coventrytelegraph.net

Sent from my SM-G991B using Tapatalk
Click to expand...
He doesn't actually confirm who it is.

H
 
Reactions: Skyblueweeman

SHUNT31

Well-Known Member
  • Oct 31, 2022
  • #7,378
rexo87 said:
Turner reporting 2 bids accepted 1 of which is NEC. Not sure how much I believe him though. Also pretty dismissive of Sisu in the article

Sent from my SM-G991B using Tapatalk
Click to expand...

It’s just all round shit journalism.

“Coventry Live understands” means absolutely nothing. He is using what someone on Twitter posted earlier saying they worked there and had been told two bids have gone in.

He knows absolutely fuck all. Shit rag that should be dissolved.
 
Reactions: chickentikkamasala, ccfcrob, SkyBlueOz and 11 others

Liquid Gold

Well-Known Member
  • Oct 31, 2022
  • #7,379
chiefdave said:
We've had days of people saying nobody would bid before liquidation as they'd have to sort out the debt and bondholders but now we're talking about multiple bids. So why are people bidding before it's all gone tits up and there's not a huge debt that needs dealing with?
Click to expand...
Looks to me like a pre-pack.

Chuck Richardson something to take it pre-admin and have the administrators offering % in the £ to creditors as only offer.

May see it as less hassle than going through the legal wrangling of the council obtaining ownership then attempting purchase from them.
 
R

rexo87

Well-Known Member
  • Oct 31, 2022
  • #7,380
Nick said:
He doesn't actually confirm who it is.

H
Click to expand...
Talks about NEC and then says 'it is not clear yet who the second bidder is'

Sent from my SM-G991B using Tapatalk
 

ceetee

Well-Known Member
  • Oct 31, 2022
  • #7,381
Ashley's helicopter just flew over
 

Skybluedownunder

Well-Known Member
  • Oct 31, 2022
  • #7,382
SkyBlueSam01 said:
Apparently Gilbert has suggested a 51/49 deal between SISU and American investor? Can't see it on twitter but maybe on fancast?
Click to expand...

Wasn’t Gilbert, it was [mention]Saddlebrains [/mention]

Saddlebrains if this is true we will forgive you for Billy Gilmour


Sent from my iPhone using Tapatalk
 
Reactions: Gaz71, pusbccfc, Saddlebrains and 2 others

SHUNT31

Well-Known Member
  • Oct 31, 2022
  • #7,383
NEC Group getting the Arena is the worst of all the current parties, and by some distance.

We would be a tenant with a landlord that doesn’t really give a shit. It would be no different to Wasps.

They would probably scupper the deal with CBS and rename the ground the NEC Arena or something similar. Whilst this is not particularly an issue, there is a clause in the sponsorship deal that the seats remain Sky Blue. That guarantee would be also be gone.
 
Reactions: skybluepm2, MatthewWallis, torchomatic and 2 others

Nick

Administrator
  • Oct 31, 2022
  • #7,384
rexo87 said:
Talks about NEC and then says 'it is not clear yet who the second bidder is'

Sent from my SM-G991B using Tapatalk
Click to expand...
Yeah but he doesn't actually confirm they were the first accepted.
 

shepardo01

Well-Known Member
  • Oct 31, 2022
  • #7,385
clint van damme said:
All depends on whether Ryan Renolds can sell Wrexham though apparently there's strong interest from Katie Perry
Click to expand...
No, she keeps blowing hot and cold....
 
Reactions: shmmeee, SHUNT31, clint van damme and 1 other person
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