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Will Wasps aquiring the Ricoh damage CCFC? (1 Viewer)

  • Thread starter torchomatic
  • Start date Oct 24, 2016
Forums New posts

So, did it?

  • Yes

    Votes: 55 90.2%
  • No

    Votes: 6 9.8%

  • Total voters
    61
  • 1
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1 of 4 Next Last

torchomatic

Well-Known Member
  • Oct 24, 2016
  • #1
If not, why not?
 

covcity4life

Well-Known Member
  • Oct 24, 2016
  • #2
yes, it took away any light at the end of the tunnel. our business plan requires access to matchday revnue and even perhaps 365 days a year. we dont have it and thus ffp is impacted.

also they are stealing fanbase as some mentally weak people think its nice to go to the rugby and drink beer etc
 
D

dongonzalos

Well-Known Member
  • Oct 24, 2016
  • #3
In the respect of the council saying it won't have any impact on CCFC. (Or whatever they said)
Then yes it has had a negative impact.

In respect of what has caused the damage itself. Our owners creating the situation that allowed Wasps to come in.
 
Reactions: 6 Generations and Sky Blue Kid
R

rupert_bear

Well-Known Member
  • Oct 24, 2016
  • #4
It will unless sisu drop Wasp related legals, I'm convinced Wasp higherarchy will stick to their guns of no talks whilst legals are live.
 

fernandopartridge

Well-Known Member
  • Oct 24, 2016
  • #5
dongonzalos said:
In the respect of the council saying it won't have any impact on CCFC. (Or whatever they said)
Then yes it has had a negative impact.

In respect of what has caused the damage itself. Our owners creating the situation that allowed Wasps to come in.
Click to expand...

The only thing that 'allowed' Wasps to come in was the council. After all, the council said of its loan to ACL in January 2013 (whilst the club was not paying rent):

"We have taken a decision that will benefit city taxpayers and secure the future of one of our most important and best loved public assets that brings great benefits to Coventry people...."
Click to expand...

The fact ACL was ever struggling was down to the council who set it up with a £21m debt from day one.
 
Reactions: Sick Boy, stupot07, Wiseoldfool and 3 others

Astute

Well-Known Member
  • Oct 24, 2016
  • #6
torchomatic said:
If not, why not?
Click to expand...
Because I hate SISU so much I don't care about anything else.
 
Reactions: hill83, stupot07 and torchomatic

Malaka

Well-Known Member
  • Oct 24, 2016
  • #7
I still think that with different owners, WASPS will be prepared to sell 50%
 
Reactions: 6 Generations
D

dongonzalos

Well-Known Member
  • Oct 24, 2016
  • #8
fernandopartridge said:
The only thing that 'allowed' Wasps to come in was the council. After all, the council said of its loan to ACL in January 2013 (whilst the club was not paying rent):



The fact ACL was ever struggling was down to the council who set it up with a £21m debt from day one.
Click to expand...

Rent strikes, agreeing deals and then reneging. Moving to Northampton then bluffing about never returning. Ignoring a deadline to put in out best offer.
That allowed the Wasps to sting.
 
Last edited: Oct 24, 2016
Reactions: ricohroar, COVKIDSNEVERQUIT, montydon87 and 5 others

torchomatic

Well-Known Member
  • Oct 24, 2016
  • #9
rupert_bear said:
It will unless sisu drop Wasp related legals, I'm convinced Wasp higherarchy will stick to their guns of no talks whilst legals are live.
Click to expand...

You're just muddying the waters. Wven id that were to happen we would still get a shit deal and be starved of income. And SISU would still be here.
 

torchomatic

Well-Known Member
  • Oct 24, 2016
  • #10
dongonzalos said:
Rent strikes, agreeing deals abd then reneging. Moving to Northampton then bluffing about never returning. Ignoring a deadline to put in out best offer.
That allowed the Wasps to sting.
Click to expand...

What about when we came back and CCC hinted at future ownership?

Despite SISU there was no excuse to sell the stadium to Wasps. Remember Lucas saying no team should be ripped from its community. She obviously didn't mean Wasps.

I wont go into her statement regarding only agreeing to sale as she'd had assurances indigenous teams wouldn't be adversely affected.

Pardon my French but that was bollocks although I'm sure you can spin it differently.
 
Reactions: Sick Boy and Wiseoldfool

hutch1972

Well-Known Member
  • Oct 24, 2016
  • #11
Malaka said:
I still think that with different owners, WASPS will be prepared to sell 50%
Click to expand...
They may not want to , but when it comes to the bonds being repaid they may find they have to.
 
Reactions: singers_pore

Nick

Administrator
  • Oct 24, 2016
  • #12
Malaka said:
I still think that with different owners, WASPS will be prepared to sell 50%
Click to expand...
No chance, not by choice
 
Reactions: Covstu, Sick Boy, stupot07 and 1 other person

Grendel

Well-Known Member
  • Oct 24, 2016
  • #13
dongonzalos said:
Rent strikes, agreeing deals abd then reneging. Moving to Northampton then bluffing about never returning. Ignoring a deadline to put in out best offer.
That allowed the Wasps to sting.
Click to expand...

Why did you ignore everything FP said
 

torchomatic

Well-Known Member
  • Oct 24, 2016
  • #14
Malaka said:
I still think that with different owners, WASPS will be prepared to sell 50%
Click to expand...

Disagree. They need the money themselves.
 
Reactions: Sick Boy, Astute, stupot07 and 1 other person

Liquid Gold

Well-Known Member
  • Oct 24, 2016
  • #15
100% yes, italia not logged on yet then
 

Grendel

Well-Known Member
  • Oct 24, 2016
  • #16
torchomatic said:
Disagree. They need the money themselves.
Click to expand...

They definitely wouldn't sell and if they did then it would cost a company in excess of £25 million and also tie the commitment to the bond. It would never happen though
 
D

dongonzalos

Well-Known Member
  • Oct 24, 2016
  • #17
torchomatic said:
What about when we came back and CCC hinted at future ownership?

Despite SISU there was no excuse to sell the stadium to Wasps. Remember Lucas saying no team should be ripped from its community. She obviously didn't mean Wasps.

I wont go into her statement regarding only agreeing to sale as she'd had assurances indigenous teams wouldn't be adversely affected.

Pardon my French but that was bollocks although I'm sure you can spin it differently.
Click to expand...

Wrong for wasps to move here.
Wrong that the RFC allow it
Bizarre to make a statement about taking it step by step with the club when they returned. Especially as they must have known they were planning to sell to Wasps.
I think the club only returned because they got wind about Wasps and the resilience of the fans.
However I do believe the club would not have done the deal Wasps did. I do think getting as much money back for the charity is more important than other things.
Non of that changes that our owners style of negotiation and their aim, led to Wasps getting to take advantage and the damage we now have.
 
Reactions: Astute
D

Deleted member 5849

Guest
  • Oct 24, 2016
  • #18
Malaka said:
I still think that with different owners, WASPS will be prepared to sell 50%
Click to expand...

Nobody has ever been prepared to buy 50% and split decisions on how the business is run - they've seen how that went with CCC and Higgs, and how hard it was to shift one half of it on without the other.
 
Reactions: Sick Boy, Astute and stupot07

hutch1972

Well-Known Member
  • Oct 24, 2016
  • #19
torchomatic said:
What about when we came back and CCC hinted at future ownership?

Despite SISU there was no excuse to sell the stadium to Wasps. Remember Lucas saying no team should be ripped from its community. She obviously didn't mean Wasps.

I wont go into her statement regarding only agreeing to sale as she'd had assurances indigenous teams wouldn't be adversely affected.

Pardon my French but that was bollocks although I'm sure you can spin it differently.
Click to expand...
We all knew that AL was spouting shit and we have been proved right, although tbf they have loaned cov a couple of players lately. It would be interesting though if that would continue should they get promoted in the next year or 2.
 

hutch1972

Well-Known Member
  • Oct 24, 2016
  • #20
Nick said:
No chance, not by choice
Click to expand...
Correct nick, not by choice I agree but they might not end up having one.
 

torchomatic

Well-Known Member
  • Oct 24, 2016
  • #21
hutch1972 said:
We all knew that AL was spouting shit and we have been proved right, although tbf they have loaned cov a couple of players lately. It would be interesting though if that would continue should they get promoted in the next year or 2.
Click to expand...

Weird that when some are "spouting shit" they seem to get away with it.
 
D

dongonzalos

Well-Known Member
  • Oct 24, 2016
  • #22
torchomatic said:
Weird that when some are "spouting shit" they seem to get away with it.
Click to expand...

Is she still leader?
 

torchomatic

Well-Known Member
  • Oct 24, 2016
  • #23
dongonzalos said:
Is she still leader?
Click to expand...

Did she get away with it?
 

Nick

Administrator
  • Oct 24, 2016
  • #24
dongonzalos said:
Is she still leader?
Click to expand...
The new one said no comment and it got left at that.
 

skybluetony176

Well-Known Member
  • Oct 24, 2016
  • #25
Deleted member 5849 said:
Nobody has ever been prepared to buy 50% and split decisions on how the business is run - they've seen how that went with CCC and Higgs, and how hard it was to shift one half of it on without the other.
Click to expand...

I think there's the chance that we could buy the right's to revenue streams, even a share of the naming rights. If not a share of ACL itself. New owners should be looking at the West Ham/Olympic stadium model and try and emulate that. Two things stopping that at the moment. 1) No one want's to deal with our current owners. 2) It ain't going to happen anyway under SISU.
 

Sky Blue Kid

Well-Known Member
  • Oct 24, 2016
  • #26
Malaka said:
I still think that with different owners, WASPS will be prepared to sell 50%
Click to expand...


You may be right, but that doesn't make things right. Everyone seems to forget CRFC? As long as CCFC are ok that's all that matters then is it?
 
Reactions: wingy and Astute

shmmeee

Well-Known Member
  • Oct 24, 2016
  • #27
No. Stadium is too big and we are too poor to buy it or create a team that will fill it.

Wasps bought a piece of real estate no one else wanted. If us not owning the Ricoh is damaging (and I don't think it is for reasons stated) then it was our choice not to go after it that did the damage.

If I choose not to buy an umbrella, it's not the guy who does buy it's fault I get wet.
 
Reactions: COVKIDSNEVERQUIT, colin101 and dongonzalos
D

dongonzalos

Well-Known Member
  • Oct 24, 2016
  • #28
torchomatic said:
Did she get away with it?
Click to expand...

I don't think so no. Otherwise I think she would still be at the helm. The same for Mr Mutton.
 

Grendel

Well-Known Member
  • Oct 24, 2016
  • #29
skybluetony176 said:
I think there's the chance that we could buy the right's to revenue streams, even a share of the naming rights. If not a share of ACL itself. New owners should be looking at the West Ham/Olympic stadium model and try and emulate that. Two things stopping that at the moment. 1) No one want's to deal with our current owners. 2) It ain't going to happen anyway under SISU.
Click to expand...

3) there's already a main tenant at the arena who needs all the naming rights themselves.

No chance.
 
D

dongonzalos

Well-Known Member
  • Oct 24, 2016
  • #30
Nick said:
The new one said no comment and it got left at that.
Click to expand...

Not spouting shit then (to coin a phrase)
 

Nick

Administrator
  • Oct 24, 2016
  • #31
dongonzalos said:
I don't think so no. Otherwise I think she would still be at the helm. The same for Mr Mutton.
Click to expand...
So she went based on that?
 

Samo

Well-Known Member
  • Oct 24, 2016
  • #32
No brainer... YES! It already has and could prove to be terminal.
 
Reactions: torchomatic and Astute

Grendel

Well-Known Member
  • Oct 24, 2016
  • #33
shmmeee said:
No. Stadium is too big and we are too poor to buy it or create a team that will fill it.

Wasps bought a piece of real estate no one else wanted. If us not owning the Ricoh is damaging (and I don't think it is for reasons stated) then it was our choice not to go after it that did the damage.

If I choose not to buy an umbrella, it's not the guy who does buy it's fault I get wet.
Click to expand...

They didn't purchase real estate they purchased a business.

The analogy is atrocious. It's more like there's on customer who was only ever offered a faulty one full of holes and another who got a brand new model which was 6 times the size and half the price
 
D

dongonzalos

Well-Known Member
  • Oct 24, 2016
  • #34
Nick said:
So she went based on that?
Click to expand...

I think it would have been part of a multitude of reasons ( just my opinion of course)
 

Grendel

Well-Known Member
  • Oct 24, 2016
  • #35
Nick said:
So she went based on that?
Click to expand...

It was nothing to do with that.
 
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