Flying Fokker
Well-Known Member
Depends if they have a bond issue?
Depends if they have a bond issue?Should any takeover happen, can we as fans try to acquire a percentage?
Nope. But did say they put in £4.5 million over the summer to cover losses then told Boddy ‘that’s yer lot’.
Hence the scrambling to sell Hyam on the cheap
4.5 Million on what?
Thats a lot of money to cover losses when they cant even cover the tax bill
4.5 Million on what?
Thats a lot of money to cover losses when they cant even cover the tax bill
Nope. But did say they put in £4.5 million over the summer to cover losses then told Boddy ‘that’s yer lot’.
Hence the scrambling to sell Hyam on the cheap
Be the regular stuff wage nflation paying back Covid stage payments on transfer fees.4.5 Million on what?
Thats a lot of money to cover losses when they cant even cover the tax bill
You think he’s gonna live in CoventryThat will all change when he turns up
All this talk of Mike Ashley business genius sounds an awful lot like every other failed takeover attempt TBH.
OK but the club isn’t self sustaining, so do they want us to go into admin? Will they then take us out of admin like last time and squat on the club?
What do they want??
You never know. Wasps still has brand value in Rugby circles and is one good season away from top flight and some reasonable income. Players would rather play for Wasps than say Bedford Blues, all other things being equal.
Ashley is type of bloke who will give a Wasps ticket free with each pair of Thai made entry level adidas trainers and matching Slazenger hoody meal deal.
Just like some people (and kudos) predicted 4 years ago Ashley would come in once Wasps’ wings fell off I reckon he’ll end up with us and Wasps at the Sports Direct Arena.
Both in the Prem.
They can, they just told Boddy no more above what was already given before the start of the season.
No. No investor is going to look at SISU's record with football and think "ah a new stadium is going to make all the difference".But they can afford to build a new ground?
Fair enough view and it’s good to get some polite polarising view without the usual insults.Politely disagree. Wasps had both the stadium and premiership rugby, they finished second in the league, had revenue from the p-shares and CVC, and had a £35m investment and they still couldn't set up to turn a profit! Not even close.
They've got literally none of those advantages now.
Wasps have already got their preferred bidders for the phoenix club, and there's no suggestion Ashley is a part of it, in fact the opposite from most reports.
Wasps might yet end up at the CBS again, all things are possible, but if they do they'll be here in the Championship as tenants and with new owners - not Ashley.
You'd assume it would have to be on the same rent as CCFC. Doubt their income could afford thatWasps might yet end up at the CBS again, all things are possible, but if they do they'll be here in the Championship as tenants and with new owners - not Ashley.
Fair enough view and it’s good to get some polite polarising view without the usual insults.
I think Ashley would run it differently and make it work. It’ll never be as profitable as a Prem or even champ round ball team could be but he could make it work.
Let’s see.
Yes,we are up for sale, always have been. Sisu would have sold 24hrs after taking over if the price was right.Derby were up for sale - are we?
Yes,we are up for sale, always have been. Sisu would have sold 24hrs after taking over if the price was right.
It's interesting that regards Derby, he was trying to purchase the club first and leaving the stadium untill later on. Maybe he's trying it in reverse this time.And this is it. They now know they will never have a stadium to sell as a package with the football club. It’s up to Ashley if he wants us.
Fair enough view and it’s good to get some polite polarising view without the usual insults.
I think Ashley would run it differently and make it work. It’ll never be as profitable as a Prem or even champ round ball team could be but he could make it work.
Let’s see.
There’s no benefit - all/most our debt is to themWhat's the benefit to Sisu if we go into Administration? Am I right in thinking they'd be better selling before any potential administration as they'd likely get a bigger amount?
If anyone at SISU thinks if they don’t sell now they can build their own stadium when they can’t even afford to buy the current one on the cheap are absolutely kidding themselves. When do they think they are suddenly going to start accumulating profits when they don’t put anything in?
Sell up and fuck off
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There’s no benefit - all/most our debt is to them
Pretty much, but it’s a moot point whilst the majority of debt is to SISU, admin is pretty much off the card. Why would they call it in on themselves?So if we went into administration and say MA bought us, he could/would offer a small % in the £ for what is owed. Therefore if they sell before any admin, he would likely need to offer something that amounted to much more than a small % in the £ hence it being better for Ashley (or anyone else) to wait until we're in admin and better for Sisu to accept any offer before admin?
Pretty much, but it’s a moot point whilst the majority of debt is to SISU, admin is pretty much off the card. Why would they call it in on themselves?
They could but admin would be fully controlled by SISU, it’s why there’s so much paper debt. That’s how I understand it anywayOther people could potentially force it.
If it’s he’s train set then it’s up to him.You'd assume it would have to be on the same rent as CCFC. Doubt their income could afford that
Blimey.,, have I read this right. Stephen Vaughan is the e new CEO of Yorkshire cricket club. Lol..
The Yorkshire County Cricket Club today announces the appointment of Stephen Vaughan as Chief Executive Officer. He will officially begin the role on 7th November 2022.
Stephen joins the Club following three years at Wasps Group, which he joined as CEO of sports businesses in August 2019. He became Group Chief Executive in 2020, with additional responsibility for venues, overseeing the securing of stadium naming rights and the return of Coventry City Football Club to the city. During his time there, Stephen was responsible for the rollout of a comprehensive Equality, Diversity & Inclusion (ED&I) strategy, placing this at the heart of the group’s mission and values.
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