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Wasps going into admin & the impact on CCFC (4 Viewers)

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

Well-Known Member
  • Oct 14, 2022
  • #2,801
LG.................... apart from that, that's normal over there
 

Colin Steins Smile

Well-Known Member
  • Oct 14, 2022
  • #2,802
Whilst funding has been denied.......is the council considering waiving any fees due?? Not sure that they are due anything, but even if they are it'll only be a minor figure in the whole debt issue of circa £50m+
 
B

Brighton Sky Blue

Well-Known Member
  • Oct 14, 2022
  • #2,803
Liquid Gold said:
"no decision to be taken tonight" still worries me

Implies there could be a decision in future.

Although maybe not on funding them as that has been so emphatically denied.
Click to expand...

They hoped to smuggle something through, got swamped with criticism so taken the weekend to consider how to dress it up as something else
 
Reactions: RegTheDonk, shepardo01 and Sky_Blue_Dreamer

Liquid Gold

Well-Known Member
  • Oct 14, 2022
  • #2,804
Brighton Sky Blue said:
They hoped to smuggle something through, got swamped with criticism so taken the weekend to consider how to dress it up as something else
Click to expand...
But if it's true that admin kicks in on Monday won't it be too late?
 
R

rexo87

Well-Known Member
  • Oct 14, 2022
  • #2,805
Liquid Gold said:
But if it's true that admin kicks in on Monday won't it be too late?
Click to expand...
Seems like it bit still worried they'll somehow do something. Comforting that there'd at least a few councillors with their head screwed on and thank fuck someone leaked this meeting to Gilbert

Sent from my SM-G991B using Tapatalk
 
B

Brighton Sky Blue

Well-Known Member
  • Oct 14, 2022
  • #2,806
Liquid Gold said:
But if it's true that admin kicks in on Monday won't it be too late?
Click to expand...

Depends exactly when the Monday deadline is in that case. Though to be honest what they’ve already done should be grounds for someone to be in the dock
 
Reactions: Sick Boy

jordan210

Well-Known Member
  • Oct 14, 2022
  • #2,807
MusicDating said:
Hmmm

Click to expand...

No plans hmmmm

 

Tommo1993

Well-Known Member
  • Oct 14, 2022
  • #2,808
Should I get excited about the rentokil van I saw parked outside the players entrance at the CBS?
 

Paul Anthony

Well-Known Member
  • Oct 14, 2022
  • #2,809
jordan210 said:
No plans hmmmm

Click to expand...

Seems like someone's been caught telling porkies.
 
Reactions: eastwoodsdustman
R

robbiethemole

Well-Known Member
  • Oct 14, 2022
  • #2,810
Brighton Sky Blue said:
Depends exactly when the Monday deadline is in that case. Though to be honest what they’ve already done should be grounds for someone to be in the dock
Click to expand...
You'd have thought by close of business on Monday, maybe 5pm?
 

Gynnsthetonic

Well-Known Member
  • Oct 14, 2022
  • #2,811
Gary Ridley came across very well just then on CWR, dead against any bail out. Spoke well not like Duggiins who talks like a male Anne Lucas
 
B

Brighton Sky Blue

Well-Known Member
  • Oct 14, 2022
  • #2,812
Gynnsthetonic said:
Gary Ridley came across very well just then on CWR, dead against any bail out. Spoke well not like Duggiins who talks like a male Anne Lucas
Click to expand...

She identifies as an insect now
 
Reactions: Hiraeth, Skyblueweeman and RegTheDonk

Sky Blue Pete

Well-Known Member
  • Oct 14, 2022
  • #2,813
Tommo1993 said:
That means I have to carry on with the jobs I’ve got on this afternoon. Ffs Gilbert.
Click to expand...
Gilbert may have forced the postponement good on him
 
Reactions: Sky Blue Dal, Sick Boy, GaryMabbuttsLeftKnee and 12 others
B

Brighton Sky Blue

Well-Known Member
  • Oct 14, 2022
  • #2,814
robbiethemole said:
You'd have thought by close of business on Monday, maybe 5pm?
Click to expand...

I think this needs the raider’s intervention
 

SBAndy

Well-Known Member
  • Oct 14, 2022
  • #2,815
Brighton Sky Blue said:
She identifies as an insect now
Click to expand...

She identifies as a Marlboro Red.
 
Reactions: mmttww and eastwoodsdustman
S

SkyBlueSam01

Well-Known Member
  • Oct 14, 2022
  • #2,816
Via Simon Gilbert (excellent work from him today btw)

 
Reactions: Sky Blue Dal, djr8369, Skyblueweeman and 3 others

Gynnsthetonic

Well-Known Member
  • Oct 14, 2022
  • #2,817
I was fucking shaking when I heard that news this afternoon, I've lost an afternoons pay by constantly looking on here and twitter, I'll be doing a few hours in the morning to catch up!
 
Reactions: Sky Blue Dal, Saddlebrains, theferret and 3 others

Sky Blue Pete

Well-Known Member
  • Oct 14, 2022
  • #2,818
SkyBlueSam01 said:
Via Simon Gilbert (excellent work from him today btw)

View attachment 26589
Click to expand...
Disingenuous wankers
 
Reactions: SkyBlueSam01

LastGarrison

Well-Known Member
  • Oct 14, 2022
  • #2,819
Gynnsthetonic said:
I was fucking shaking when I heard that news this afternoon, I've lost an afternoons pay by constantly looking on here and twitter, I'll be doing a few hours in the morning to catch up!
Click to expand...
Maybe the Council will cover your costs?
 
Reactions: Gynnsthetonic
O

oldfiver

Well-Known Member
  • Oct 14, 2022
  • #2,820
Liquid Gold said:
But if it's true that admin kicks in on Monday won't it be too late?
Click to expand...

If it is Monday it will be by their initiative- HMRC have not lodged a petition yet
 

hutch1972

Well-Known Member
  • Oct 14, 2022
  • #2,821
Flying Fokker said:
How do you know?
Click to expand...
By reading the email replies from Labour councillors from before the council officially replied.
 

MusicDating

Euro 2016 Prediction League Champion!!
  • Oct 14, 2022
  • #2,822

Premiership Rugby not ruling out more clubs being suspended over finances

Premiership Rugby has refused to rule out more clubs joining Worcester and Wasps in being suspended from the league on financial grounds
www.theguardian.com

'The governing body has also detailed its reasons against allowing Worcester and Wasps to keep their P shares – which entitle clubs to a percentage of the leagues’s income as well as voting rights on key issues – saying “we have to be strong on this and we will be strong”. That stance appears to deliver a hammer blow to Wasps, who are hoping to achieve a quick takeover on the understanding they will not lose their P shares. Without a quick takeover there are fears Wasps, who are due to enter administration on Monday, will go bust.'

and

'PRL also sought to warn against any expectations that Worcester will make a swift return to the Premiership and suggested the same will go for Wasps unless a takeover can be achieved quickly. It is thought that Wasps must be in position to play their next home game, on 30 October, to avoid suspension for the rest of season. Saturday’s match against Exeter has already been called off and it is understood broadcasters BT Sport have already made alternative arrangements for Wasps’ televised fixture against Leicester on 23 October, suggesting that match will also be scrapped.

Supporters of Wasps and Worcester have launched campaigns urging the other clubs not to invoke their right to buy their P shares, which guarantees central funding and a share of broadcast revenue. The bid for Wasps by a consortium led by the former chief executive David Armstrong is thought to be dependent on the club holding on to its P shares but the PRL chairman, Martyn Phillips, outlined the difficulties in allowing them to do so.

“There is a scenario where a club could just write off all of its debt,” he said. “But then if it retains its P share you then have a league where the vast majority of teams still have significant debt, playing against a team that has no debt but retains the same income as them from the P share. So you have another form of disruption and inequality.

“If we think about it, those teams are very likely to go into the Championship. If they go into the Championship, but then don’t get promoted back to the Premiership, they have to sell that P share. So they could sell that P share at a sizeable profit. So we could sleepwalk into another situation where an owner has acquired something for an amount and sold it for quite a bit more. We have to be strong on this and we will be strong.”'
 
Reactions: Red House Coaches, davy67 and torchomatic
S

SkyBlueSam01

Well-Known Member
  • Oct 14, 2022
  • #2,823
I genuinely can't believe what I've seen from the council today
 
Reactions: ccfcmad1

skybluetony176

Well-Known Member
  • Oct 14, 2022
  • #2,824
All hail Simon Gilbert
 
Reactions: Sky Blue Dal, Sick Boy, robbiekeane and 16 others

ccfcchris

Well-Known Member
  • Oct 14, 2022
  • #2,825
I hope people remember when it's time to vote at the next Council Elections.
 
Reactions: Sky Blue Dal, Sick Boy, torchomatic and 1 other person

Grendel

Well-Known Member
  • Oct 14, 2022
  • #2,826
Where is @shmmeee - seems to have missed this thread?
 

Fergusons_Beard

Well-Known Member
  • Oct 14, 2022
  • #2,827
Grendel said:
Where is @shmmeee - seems to have missed this thread?
Click to expand...

Yes hasn’t he been incredible quiet.

Just shows that politicians whatever the party are all a bunch of fucking crooks.


Sent from my iPhone using Tapatalk Pro
 
Reactions: Sky Blue Dal and long way home
L

Levship20

Well-Known Member
  • Oct 14, 2022
  • #2,828
Im not sure this has totally gone away and believe that the meeting was requested by MR but not the MR we know and love! MR & GD will be talking between now and Monday, that is for sure.
 

Flying Fokker

Well-Known Member
  • Oct 14, 2022
  • #2,829
Colin Steins Smile said:
What I find really strange is the game of rugby has traditionally been the sport of the public schooled "toffs" and something more aligned to the Conservatives. Whilst football is/was the game of the working people and much closer to the Labour party.

So why the Coventry Labour group [supported at the time by the Conservatives] chose to support Wasps [foreign registered Hedge fund] is bizarre. As opposed to supporting the CCFC [foreign registered Hedge Fund].

These are strange times......only 2 more Conservative Chancellors before Christmas?
Click to expand...
Because SISU were more problematic up to the point of sale?
 

Greggs

Well-Known Member
  • Oct 14, 2022
  • #2,830
ccfcchris said:
I hope people remember when it's time to vote at the next Council Elections.
Click to expand...
Who? Never voting Tory and Labour are useless, perhaps time to form a party.
 
Reactions: Sky Blue Dal and dadgad

Grendel

Well-Known Member
  • Oct 14, 2022
  • #2,831
Levship20 said:
Im not sure this has totally gone away and believe that the meeting was requested by MR but not the MR we know and love! MR & GD will be talking between now and Monday, that is for sure.
Click to expand...

people should bombard reeves twitter feed to just give him a taste of tbe strength of feeling
 
Reactions: Sick Boy, RegTheDonk, theferret and 2 others
L

Levship20

Well-Known Member
  • Oct 14, 2022
  • #2,832
Grendel said:
people should bombard reeves twitter feed to just give him a taste of tbe strength of feeling
Click to expand...
Could not agree more
 

Grendel

Well-Known Member
  • Oct 14, 2022
  • #2,833
Levship20 said:
Could not agree more
Click to expand...

 
Reactions: Sick Boy, ccfcchris, Flying Fokker and 3 others

fernandopartridge

Well-Known Member
  • Oct 14, 2022
  • #2,834
skybluetony176 said:
All hail Simon Gilbert
Click to expand...
Fair play to whichever cllr it was that leaked to him, the Labour group collectively getting unfair press a bit when there are obviously some good eggs in there

Sent from my SM-G935F using Tapatalk
 
Reactions: Sky Blue Dal, Sick Boy, torchomatic and 4 others

Gynnsthetonic

Well-Known Member
  • Oct 14, 2022
  • #2,835
fernandopartridge said:
Fair play to whichever cllr it was that leaked to him, the Labour group collectively getting unfair press a bit when there are obviously some good eggs in there

Sent from my SM-G935F using Tapatalk
Click to expand...
Probably thought they could get away with whatever they wanted, a great leak that and will make the leaders uncomfortable at Mondays meeting and going forward
 
Reactions: Sky Blue Dal and Sick Boy
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