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

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

  • Thread starter Alkhen
  • Start date Sep 21, 2022
Forums New posts
Status
Not open for further replies.
Prev
  • 1
  • …
  • 227
  • 228
  • 229
  • 230
  • 231
  • …
  • 376
Next
First Prev 229 of 376 Next Last

Skyblueweeman

Well-Known Member
  • Nov 1, 2022
  • #7,981
Evo1883 said:
I'm starting to feel a little less confident
Click to expand...


I feel like it's a question of 'whats the lesser of two evils?' and are either of those evils worse than what we've endured in the last 15 years?

I guess we're just programmed to look for the negatives.
 

Nick

Administrator
  • Nov 1, 2022
  • #7,982
HuckerbyDublinWhelan said:
Full and final bids expected by the end of the day - plenty of time
Click to expand...

So people are bidding on a "non administration ACL" rather than a "pre pack" or "ACL in Administration" ?

Who are the bids going to and who is deciding on them? They aren't in admin so it isn't the administrator is it?
 

Liquid Gold

Well-Known Member
  • Nov 1, 2022
  • #7,983
Ashley will have a deal agreed with Sisu to buy the club if he acquires the arena, I'm certain of that.

Sisu seemingly dropping out also points to that in my opinion.

NEC can piss off but even if that worse case scenario happens we aren't renting from Wasps.
 
Reactions: duffer, MusicDating, edgy and 2 others
B

Brighton Sky Blue

Well-Known Member
  • Nov 1, 2022
  • #7,984
Skyblueweeman said:
I feel like it's a question of 'whats the lesser of two evils?' and are either of those evils worse than what we've endured in the last 15 years?

I guess we're just programmed to look for the negatives.
Click to expand...

Ashley owning both the ground and the club would be a big improvement on the current trajectory.
 
Reactions: letsallsingtogether, CCFCSteve, skybluepm2 and 2 others

Skyblueweeman

Well-Known Member
  • Nov 1, 2022
  • #7,985
Brighton Sky Blue said:
Given that we know SISU were definitely interested I'd say it's more likely Ashley gave them better terms than they were otherwise going to get.
Click to expand...

So Ashley said to Sisu, let me get the Arena and I'll buy the club off you if you pull out?
 
Reactions: duffer

Skyblueweeman

Well-Known Member
  • Nov 1, 2022
  • #7,986
Brighton Sky Blue said:
Ashley owning both the ground and the club would be a big improvement on the current trajectory.
Click to expand...

I guess so.
 

SHUNT31

Well-Known Member
  • Nov 1, 2022
  • #7,987
Nothing is ever simple with City is it. Always some c**t sniffing around when they’re not welcome. We are fucked if NEC get the ground.
 
Reactions: ccfc_Tom and skybluepm2

Skyblueweeman

Well-Known Member
  • Nov 1, 2022
  • #7,988
Liquid Gold said:
NEC can piss off but even if that worse case scenario happens we aren't renting from Wasps.
Click to expand...

That to me (and their demise) has been a proper mood changer for me. HATED renting from those arrogant parasites.
 
Reactions: SBQuin, duffer and torchomatic

SHUNT31

Well-Known Member
  • Nov 1, 2022
  • #7,989
Brighton Sky Blue said:
Given that we know SISU were definitely interested I'd say it's more likely Ashley gave them better terms than they were otherwise going to get.
Click to expand...

Let’s hope so. Been waiting 8 years for this disaster to end. Any owner with the ground is better than the current set up.
 

Liquid Gold

Well-Known Member
  • Nov 1, 2022
  • #7,990
Brighton Sky Blue said:
Given that we know SISU were definitely interested I'd say it's more likely Ashley gave them better terms than they were otherwise going to get.
Click to expand...
Yeah I agree, he's upped his bid for the club by a million to get them to drop out of the arena race or something.
 
T

thekidfromstrettoncamp

Well-Known Member
  • Nov 1, 2022
  • #7,991
Nick said:
That's the thing, he said they had bid yesterday.

So does it mean they have been ruled out?
Click to expand...
Nick usual statment "we put in a bid but we were outbid this occasion".I say great perhaps they will sling their hook this time.
 
R

rexo87

Well-Known Member
  • Nov 1, 2022
  • #7,992
What’s happened to your rich Americans @Saddlebrains


Sent from my iPad using Tapatalk
 
Reactions: GaryMabbuttsLeftKnee, Greggs and TomRad85

Evo1883

Well-Known Member
  • Nov 1, 2022
  • #7,993
Il be so bitterly dissapointed if NEC end up owning this stadium , it would be like day 1 of wasps rocking up .. tenants forever as we know sisu aren't building a stadium
 
Reactions: covcity4life, Brighton Sky Blue, JPG77 and 1 other person

ajsccfc

Well-Known Member
  • Nov 1, 2022
  • #7,994
Simon Gilbert's saying that McAvoy's not out of the running yet either
 

Nick

Administrator
  • Nov 1, 2022
  • #7,995
Liquid Gold said:
Yeah I agree, he's upped his bid for the club by a million to get them to drop out of the arena race or something.
Click to expand...

I hope this is true.
 

hill83

Well-Known Member
  • Nov 1, 2022
  • #7,996
Alex1987 said:
No SISU bid expected
Click to expand...


 
Reactions: AOM, TomRad85 and Evo1883

Nick

Administrator
  • Nov 1, 2022
  • #7,997
ajsccfc said:
Simon Gilbert's saying that McAvoy's not out of the running yet either
Click to expand...

Yet he just said there were 2 names he was "hearing".

I wonder if they are the preferred bids.
 

SHUNT31

Well-Known Member
  • Nov 1, 2022
  • #7,998
Evo1883 said:
Il be so bitterly dissapointed if NEC end up owning this stadium , it would be like day 1 of wasps rocking up .. tenants forever as we know sisu aren't building a stadium
Click to expand...

100% this!

Those saying NEC wouldn’t be bad are wrong. Would be no different other than someone else’s name above the door.

NEC wouldn’t be as dependent on us being there either I wouldn’t have thought.
 

torchomatic

Well-Known Member
  • Nov 1, 2022
  • #7,999
 
Reactions: Blind-Faith, Skyblueweeman, duffer and 2 others
B

Brighton Sky Blue

Well-Known Member
  • Nov 1, 2022
  • #8,000
Skyblueweeman said:
So Ashley said to Sisu, let me get the Arena and I'll buy the club off you if you pull out?
Click to expand...

Most probably. The rumours about what SISU had in mind were a bit too specific to be made up, and you imagine that both they and Ashley have come up with something that gives them a better chance of beating the NEC bid.

SHUNT31 said:
Let’s hope so. Been waiting 8 years for this disaster to end. Any owner with the ground is better than the current set up.
Click to expand...

We know he has the capital, and he would want to ultimately turn a profit on the enterprise by getting it into the top flight. As we are, we're at the very best going to hover between the second and third tier in a ground we'll never own.
 
Reactions: Skyblueweeman

shepardo01

Well-Known Member
  • Nov 1, 2022
  • #8,001
torchomatic said:
View attachment 26937
Click to expand...
This is a weird one as it looks like we see currently paying to keep them out of administration!!!???
Also very disappointing if true...
 
Reactions: wingy

Nick

Administrator
  • Nov 1, 2022
  • #8,002
shepardo01 said:
This is a weird one as it looks like we see currently paying to keep them out of administration!!!???
Also very disappointing if true...
Click to expand...

Yeah with the inflated matchday costs will be funding them staying out of admin.
 

Evo1883

Well-Known Member
  • Nov 1, 2022
  • #8,003
Liquid Gold said:
Ashley will have a deal agreed with Sisu to buy the club if he acquires the arena, I'm certain of that.

Sisu seemingly dropping out also points to that in my opinion.

NEC can piss off but even if that worse case scenario happens we aren't renting from Wasps.
Click to expand...

Back to square one though mate with a pitch not so churned up , we need to hope and pray Ashley gets it now
 
Reactions: TomRad85
B

Brighton Sky Blue

Well-Known Member
  • Nov 1, 2022
  • #8,004
Liquid Gold said:
Yeah I agree, he's upped his bid for the club by a million to get them to drop out of the arena race or something.
Click to expand...

It will ultimately come down to who offers the most to the administrator, Ashley or NEC. Don't know who has deeper pockets or is more bothered about the acquisition.
 

Nick

Administrator
  • Nov 1, 2022
  • #8,005
Brighton Sky Blue said:
It will ultimately come down to who offers the most to the administrator, Ashley or NEC. Don't know who has deeper pockets or is more bothered about the acquisition.
Click to expand...

They aren't in Administration though?

This is the confusing bit.
 
Reactions: wingy

TomRad85

Well-Known Member
  • Nov 1, 2022
  • #8,006
No other football club would have to put up with this shit, another company who's not interested in the football club bidding for a FOOTBALL stadium for fuck sake.

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

Sick Boy

Super Moderator
  • Nov 1, 2022
  • #8,007
Has there been any indication where the Franchise takeover is getting financial backing from?
 

Liquid Gold

Well-Known Member
  • Nov 1, 2022
  • #8,008
Nick said:
They aren't in Administration though?

This is the confusing bit.
Click to expand...
There will be three way negotiations

Buyer - Richardson - Administrator

The buyer will be offering a figure to take ACL off Richardson and he will take the money and run, this is why he reappointed himself director recently.

They will also be offering the administrator a pre-pack to pay % in the £ on the debt and then come out with the arena in the event of ownership of ACL.
 
Reactions: Brighton Sky Blue
A

aviles

Well-Known Member
  • Nov 1, 2022
  • #8,009
My concern with the NEC is they are going to want to make a profit, so who is to say they wouldn't also do a deal with Wasps to also continue playing at the CBS.

I would take Ashley, I think he might do thing to upset the fans for example move from hummel, change the stadium name etc but i think he would take us to the prem and then sell to a saudi billionaire and we will have won the champions league by the end of 2030.
 
Reactions: Blind-Faith

jordan210

Well-Known Member
  • Nov 1, 2022
  • #8,010
Nick said:
They aren't in Administration though?

This is the confusing bit.
Click to expand...

It's all currently a bit odd. as NOI is expired and no filing for anything else.
 
Reactions: wingy
B

Brighton Sky Blue

Well-Known Member
  • Nov 1, 2022
  • #8,011
Nick said:
They aren't in Administration though?

This is the confusing bit.
Click to expand...

Wasps Holdings are though, and their administrator needs the proceeds from selling off one of the group companies to pay off the creditors.
 
Reactions: MalcSB

RegTheDonk

Well-Known Member
  • Nov 1, 2022
  • #8,012
SHUNT31 said:
If they don’t bid then I will have lost all hope.
Click to expand...
Unless they've had some kind of agreement to stay out of it so Ashley can then buy us? I'm hoping as, with the NEC involved and SISU not, that seems the only way out for them pre-admin.
 
W

wingy

Well-Known Member
  • Nov 1, 2022
  • #8,013
Nick said:
They aren't in Administration though?

This is the confusing bit.
Click to expand...
And Richardson has planted himself on the board .
c**t playing dirty revenge.
 
Reactions: Skyblueweeman

Nick

Administrator
  • Nov 1, 2022
  • #8,014
Liquid Gold said:
There will be three way negotiations

Buyer - Richardson - Administrator

The buyer will be offering a figure to take ACL off Richardson and he will take the money and run, this is why he reappointed himself director recently.

They will also be offering the administrator a pre-pack to pay % in the £ on the debt and then come out with the arena in the event of ownership of ACL.
Click to expand...

Surely he can't take any money and run while there is so much debt in there?

Surely all bids at the minute are going to ACL which is Richardson, Nick Eastwood and Jacky Isaac (who has also seemingly been about through all this mess).
 

Sick Boy

Super Moderator
  • Nov 1, 2022
  • #8,015
aviles said:
My concern with the NEC is they are going to want to make a profit, so who is to say they wouldn't also do a deal with Wasps to also continue playing at the CBS.

I would take Ashley, I think he might do thing to upset the fans for example move from hummel, change the stadium name etc but i think he would take us to the prem and then sell to a saudi billionaire and we will have won the champions league by the end of 2030.
Click to expand...
Why wouldn’t Ashley do a deal with them? Especially considering that it was reported he had held talks about a takeover of them?
 
Prev
  • 1
  • …
  • 227
  • 228
  • 229
  • 230
  • 231
  • …
  • 376
Next
First Prev 229 of 376 Next Last
Status
Not open for further replies.

Users who are viewing this thread

Total: 5 (members: 0, guests: 5)
Share:
Facebook Twitter Reddit Pinterest Tumblr WhatsApp Email
  • Home
  • Forums
  • Coventry City Football Club
  • Coventry City General Chat
  • 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?