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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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B

Brighton Sky Blue

Well-Known Member
  • Nov 11, 2022
  • #11,586
Nick said:
Just remember people said it was a conspiracy when I said the trust were working with wasps with Hoffman...
Click to expand...

Well if Richardson ends up with everything back in his hands and the debt wiped, all the internet points are yours
 
C

CCFC54321

Well-Known Member
  • Nov 11, 2022
  • #11,587
I feel like one battle was won in removing wasps and another one has started with the removal of the city council next.
 
Reactions: eastwoodsdustman

Nick

Administrator
  • Nov 11, 2022
  • #11,588
Brighton Sky Blue said:
Well if Richardson ends up with everything back in his hands and the debt wiped, all the internet points are yours
Click to expand...
Not sure about everything back.

Still got his fingers in pies.
 
B

Brighton Sky Blue

Well-Known Member
  • Nov 11, 2022
  • #11,589
Nick said:
Not sure about everything back.

Still got his fingers in pies.
Click to expand...

Well your prediction before that he and Wasps would get back in free of the debt. He is probably trying to scramble back whatever he can from the sale.

I don’t see why Ashley would keep him.
 

Gynnsthetonic

Well-Known Member
  • Nov 11, 2022
  • #11,590
Can somebody explain this match funding quote. What would it entail and how much would it cost
 
R

rexo87

Well-Known Member
  • Nov 11, 2022
  • #11,591
No chance we would let Wasps swan back into this city after this nonsense. We have been weak before in letting it happen but not again.

Sent from my SM-G991B using Tapatalk
 
Reactions: CCFC54321 and nicksar

Calista

Well-Known Member
  • Nov 11, 2022
  • #11,592
Gynnsthetonic said:
Can somebody explain this match funding quote. What would it entail and how much would it cost
Click to expand...
It's not a quote attributed to anybody, the article just vaguely says 'The Hottinger package involved match-funding from Coventry City Council'. Does it mean CCC would match the investment funding, or is it about funding of matches? Either way, surely not something that would get through.
 
Reactions: Gynnsthetonic

SHUNT31

Well-Known Member
  • Nov 12, 2022
  • #11,593
Pudsey aka Wasps Kit Man keeps tweeting hints that something is going on.

Here’s another one. The more I think about it the more I think Ashley and Richardson are working together and that Wasps will still be at the CBS moving forward. I’m praying they’re not.

 
Reactions: skybluepm2

SkyBlueCharlie9

Well-Known Member
  • Nov 12, 2022
  • #11,594
The fact that SISU are so quiet is a positive thing in my, albeit possibly naive, view.
Ashley is not stupid enough to think Wasps will work in Coventry.
Fcuk knows what CCC are thinking dont think they do.
A cleverly crafted FOI request might tease out contact between CCC and other key players in this game! That said ex Chief Exec at a Council I worked for never emailed or wrote anything down to avoid FOI.
 
Reactions: SkyBlueSam01

duffer

Well-Known Member
  • Nov 12, 2022
  • #11,595
So...

The leader of the council states categorically, in a public meeting, and to the press, that the council is not having discussions about bailing out Wasps.

At the same time the most senior officer in the council is actively telling Wasps and a potential investor that they will match-fund to rescue Wasps to the tune of £30m of public money.

There is absolutely no way that Duggins did not know this was in play. Can anyone here seriously believe that Reeves would propose this without checking with the leadership of the Council?

£30m? No one in public office would be authorised to make those kind of offers unilaterally.

This, of course, isn't the first time that this council and its officers have been caught in a complete lie regarding ACL and Wasps.

They are rotten to the very core and have to be relieved of office as soon as possible.
 
Reactions: OldBedrocker, GaryMabbuttsLeftKnee, SkyBlueSam01 and 24 others
J

Jcap

Well-Known Member
  • Nov 12, 2022
  • #11,596
Good to see this getting such widespread coverage from CWR & Cov Telegraph. Not.

F&@k the advertising revenues. This is now a matter of public interest. Officials, elected or otherwise now need to held to account.
 
Reactions: djr8369 and smoothasfudge14

fernandopartridge

Well-Known Member
  • Nov 12, 2022
  • #11,597
Calista said:
It's not a quote attributed to anybody, the article just vaguely says 'The Hottinger package involved match-funding from Coventry City Council'. Does it mean CCC would match the investment funding, or is it about funding of matches? Either way, surely not something that would get through.
Click to expand...
In public sector funding terms it means they'll match the investment
 
Reactions: oldskyblue58 and Calista

skyblueeyesrevisited

Well-Known Member
  • Nov 12, 2022
  • #11,598
Nick said:
Not sure about everything back.

Still got his fingers in pies.
Click to expand...
Won’t be buying one of those then today
 
Reactions: shmmeee and Terry_dactyl

Sick Boy

Super Moderator
  • Nov 12, 2022
  • #11,599
SHUNT31 said:
Pudsey aka Wasps Kit Man keeps tweeting hints that something is going on.

Here’s another one. The more I think about it the more I think Ashley and Richardson are working together and that Wasps will still be at the CBS moving forward. I’m praying they’re not.

Click to expand...
This is what I said before and what I fully expect to happen.
 
C

CCFC54321

Well-Known Member
  • Nov 12, 2022
  • #11,600
Sick Boy said:
This is what I said before and what I fully expect to happen.
Click to expand...
He needs to calm his out down fast as he is hinting at things more on Hope then fact.

If I was paying his salary I’d ask him to stop tweeting stuff and raising hopes up.

Wasps are finished in Coventry.
 

Sick Boy

Super Moderator
  • Nov 12, 2022
  • #11,601
CCFC54321 said:
He needs to calm his out down fast as he is hinting at things more on Hope then fact.
Click to expand...
Reminds me of this thread, to be fair.
Unfortunately, I don’t think we’ve seen the end of the franchise in the city either.
 
C

CCFC54321

Well-Known Member
  • Nov 12, 2022
  • #11,602
Sick Boy said:
Reminds me of this thread, to be fair.
Unfortunately, I don’t think we’ve seen the end of the franchise in the city either.
Click to expand...
Well Ashley needs to be careful as any good will he may have will go with a puff of smoke if that lot are allowed back in the city.
 
Reactions: SkyBlueSam01

The Philosopher

Well-Known Member
  • Nov 12, 2022
  • #11,603
CCFC54321 said:
He needs to calm his out down fast as he is hinting at things more on Hope then fact.

If I was paying his salary I’d ask him to stop tweeting stuff and raising hopes up.

Wasps are finished in Coventry.
Click to expand...
I don’t think they are somehow.

If Ashley ends up with the Arena, he will look at the endeavour from a commercial viewpoint and, unfortunately, the added advertising and merchandising aspect will come into play.

That Richardson is still involved and the seemingly duplicitous noises coming from CCC add weight to that.

This current state of affairs hasn’t been what it seems at so many levels.

Gilbert could do worse than write a book about this period when the dust settles.
 
Reactions: shmmeee
P

Peter Billing Eyes

Well-Known Member
  • Nov 12, 2022
  • #11,604
Has anyone considered that Wasps may be looking to ground share with Cov Rugby? Whilst unthinkable a couple of seasons ago, a lot of clubs may be looking to consolidate given the financial state of their game, it wouldn‘t surprise me if they attempted to play the ‘rugby family’ card. There could be a clash of fixtures, but that’s not insurmountable.
 

Danceswithhorses

Well-Known Member
  • Nov 12, 2022
  • #11,605
Peter Billing Eyes said:
Has anyone considered that Wasps may be looking to ground share with Cov Rugby? Whilst unthinkable a couple of seasons ago, a lot of clubs may be looking to consolidate given the financial state of their game, it wouldn‘t surprise me if they attempted to play the ‘rugby family’ card. There could be a clash of fixtures, but that’s not insurmountable.
Click to expand...
Really cant see wasps entertaining the thought of 'slumming it' at the Butts.
They have delusions of grandeur, and think they're so much better than Cov RFC and their small ground.
 
Reactions: duffer
B

Brighton Sky Blue

Well-Known Member
  • Nov 12, 2022
  • #11,606
The Philosopher said:
I don’t think they are somehow.

If Ashley ends up with the Arena, he will look at the endeavour from a commercial viewpoint and, unfortunately, the added advertising and merchandising aspect will come into play.

That Richardson is still involved and the seemingly duplicitous noises coming from CCC add weight to that.

This current state of affairs hasn’t been what it seems at so many levels.

Gilbert could do worse than write a book about this period when the dust settles.
Click to expand...

People often predict that the law of averages will stop us winning 4 or 5 games in a row. Yet the same logic apparently doesn’t extend to the football club ever being rid of its owners or perhaps at last being united with whoever also owns the stadium. It clearly also doesn’t stop Wasps getting white knighted
 

Otis

Well-Known Member
  • Nov 12, 2022
  • #11,607
Peter Billing Eyes said:
Has anyone considered that Wasps may be looking to ground share with Cov Rugby? Whilst unthinkable a couple of seasons ago, a lot of clubs may be looking to consolidate given the financial state of their game, it wouldn‘t surprise me if they attempted to play the ‘rugby family’ card. There could be a clash of fixtures, but that’s not insurmountable.
Click to expand...
They could do that and eventually merge into one club. That would be fantastic.

So Wasps rugby club and Coventry. They could keep the "Rugby and Club" parts of the name and we would keep the Coventry bit, so it would then just become Coventry Rugby Club.

Cov would obviously keep the traditional colours of the city, because this is Coventry, but as a compromise, we will keep using a black font for Wasps' benefit.

Job done.
 
Reactions: ccfcrob, sotvtoday, duffer and 6 others

fernandopartridge

Well-Known Member
  • Nov 12, 2022
  • #11,608
I think even if Richardson is involved with Ashley people are overstating his love for Wasps. They were a means to an end imo
 
Reactions: AOM and Deleted member 5849

slowpoke

Well-Known Member
  • Nov 12, 2022
  • #11,609
Ashley will do whatever is best for Ashley, he might have shaken hands on some sort of benefit for Richardson we will perhaps never know thought I read this week that Richardson has walked away from Wasps to a degree or have i.
 

tisza

Well-Known Member
  • Nov 12, 2022
  • #11,610
Peter Billing Eyes said:
Has anyone considered that Wasps may be looking to ground share with Cov Rugby? Whilst unthinkable a couple of seasons ago, a lot of clubs may be looking to consolidate given the financial state of their game, it wouldn‘t surprise me if they attempted to play the ‘rugby family’ card. There could be a clash of fixtures, but that’s not insurmountable.
Click to expand...
Can't see any upside for Cov Rugby. They'd be competing for finite resources in an already small market.
 
Reactions: Peter Billing Eyes and Sky Blue Pete

Skybluefaz

Well-Known Member
  • Nov 12, 2022
  • #11,611
I've been told Cov Rugby are expecting a call, heard that a while ago. No chance of it happening though.
 

Skyblueweeman

Well-Known Member
  • Nov 12, 2022
  • #11,612
shmmeee said:
Whats a selling club exactly?
Click to expand...

It's a bullshit tag line used by people to moan about thr natural business of all clubs.

Every club is a selling club. Some to a lesser extent (top half of EPL) but outside that, we're all selling clubs.
 
Reactions: torchomatic, procdoc, shmmeee and 1 other person

Kneeza

Well-Known Member
  • Nov 12, 2022
  • #11,613
Otis said:
They could do that and eventually merge into one club. That would be fantastic.

So Wasps rugby club and Coventry. They could keep the "Rugby and Club" parts of the name and we would keep the Coventry bit, so it would then just become Coventry Rugby Club.

Cov would obviously keep the traditional colours of the city, because this is Coventry, but as a compromise, we will keep using a black font for Wasps' benefit.

Job done.
Click to expand...
No dirty yellow anywhere though. Not having that!
 
Reactions: Gynnsthetonic, vow and Peter Billing Eyes
B

Brighton Sky Blue

Well-Known Member
  • Nov 12, 2022
  • #11,614
Kneeza said:
No dirty yellow anywhere though. Not having that!
Click to expand...

Yes we’ve had enough bed wetting already
 

Mcbean

Well-Known Member
  • Nov 12, 2022
  • #11,615
DT this morning - a disgrace
 

fernandopartridge

Well-Known Member
  • Nov 12, 2022
  • #11,616
Mcbean said:
DT this morning - a disgrace
View attachment 27195
Click to expand...
Richardson is right, no point voting on a deal that had zero chance of success given the match funding from CCC was not happening
 
Reactions: Deleted member 5849 and shmmeee

Mcbean

Well-Known Member
  • Nov 12, 2022
  • #11,617
fernandopartridge said:
Richardson is right, no point voting on a deal that had zero chance of success given the match funding from CCC was not happening
Click to expand...

Was it speculation ? Generally no smoke without fire or maybe a creative PR guru
 

Nick

Administrator
  • Nov 12, 2022
  • #11,618
fernandopartridge said:
Richardson is right, no point voting on a deal that had zero chance of success given the match funding from CCC was not happening
Click to expand...
So he thinks the council offer wasnt real? What was the intention then?
 
Reactions: duffer

Philosoraptor

Well-Known Member
  • Nov 12, 2022
  • #11,619
Mcbean said:
DT this morning - a disgrace
View attachment 27195
Click to expand...

Seems like a regurgitation of the Times article. Nothing new in it.
 

oldskyblue58

CCFC Finance Director
  • Nov 12, 2022
  • #11,620
I would think that a major part of Richardson rejecting the proposal was that there was no way of him getting anything back.

Even putting the ccc involvement aside, that proposal just kicked the same problem down the road. It seems to me it solved nothing.

Would also think that certainly up until administration every proposal would need to include wasps staying because that way Richardson kept wasps and kept control of the assets that gave prospect of his debt recovery
 
Last edited: Nov 12, 2022
Reactions: Hiraeth, duffer, Skyblueweeman and 2 others
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