Don't think so.
Think they had a Notice to Strike last year for late accounts.
Wasps going into admin & the impact on CCFC (5 Viewers)
- Thread starter Alkhen
- Start date
- Status
Think they had a Notice to Strike last year for late accounts.
shmmeee
Well-Known Member
It would be grants from WMCA or central govt, supported by CCC, not CCC money. That’s what you get if you have a piece of local infrastructure and tick the right boxes.
GIMOC
Well-Known Member
Mash Holdings is the main company of Ashley I believe. Frasers etc… all subsidiaries of Mash holdings
slowpoke
Well-Known Member
I think this has been bubbling away for sometime, maybe since our now preferred bidder missed out on Derby, just a hunch.
If that's the case I'd be more inclined to thinking that yes that Sisu are involved, more so without that being in the timeline.
Edit:- prior to the time's article inviting offers.
Nick
Administrator
Scratch the right backs you mean.
Sky Blue Pete
Well-Known Member
Hope so. I’ve not been told anything about Gary and Joy but no reason I would be although I’ve asked direct questions
GIMOC
Well-Known Member
potentially. good friend of mine was with Hoffman in Milan. His words were “I speak to Joy regularly. A lot of changes could occur in the next 2-3 months” So far it seems to insinuate there was truth in that comment. Afterwards the lads did say Hoffman was prem chairman at the time of the Saudi takeover of Newcastle and Hoffman received plenty of flak over it
so they have worked previously.
shmmeee
Well-Known Member
No, but if you scratch the right backs they’ll tell you the best boxes to tick. Grant funding applications seem to be a secret language of their own.
shepardo01
Well-Known Member
I've heard MASH holdings mentioned...
shmmeee
Well-Known Member
Think that’s a total goose chase TBH. Gilbert needs to be focusing on what happened before Nov 1st and how Ashley became priority bidder. The “council bailout” is the story him and Ridley have been pushing for a while, but I don’t think that’s the story here if there is one.
The Philosopher
Well-Known Member
All feels a bit dirty.
Anyone think we could have MA owning the Arena with Richardson, Richardson controlling Wasps2 at the Arena, SISU getting bought out and MA owning CCFC and it all being planned months ago?
Bondholders stiffed
Small unsecured creditors stiffed
HMRC stiffed and us taxpayers footing the bill?
Would this shock anyone?
GIMOC
Well-Known Member
It would appear he will use Mash holdings to finance the deal if it goes ahead mate.
shmmeee
Well-Known Member
All the little guys and the taxpayer getting stiffed while the people that made the mess walk away Scott free does seem to be the standard for sports team implosions.
slowpoke
Well-Known Member
It seems to fit timing wise with the Simon Jordan announcement about ccfc up for grabs, coincidence ?
Grendel
Well-Known Member
It would shock you - you said Ashley had to pay the bond holders back
jordan210
Well-Known Member
I dont think it's irrelevant. Not sure it's worth. But is interesting that Richardson has very strong ties to Hottinger. in late August he becomes a director of ACL. Then it looks like CCC have been talking with both him and Hottinger.
GIMOC
Well-Known Member
that’s business in a nutshell though.it’s the nature of the beasts involved. Most if not all businessman have a ruthless side about them. sisu have been the big fish in a small pond for too many years. Now Ashley is involved they just can’t compete on or off the pitch
Nick
Administrator
shmmeee
Well-Known Member
Weve been over this. Do you not think a potential stitch up on the arena sale is a bigger story than a proposal that went nowhere?
GIMOC
Well-Known Member
remember back at the start of August when the papers were running stories about SISU putting the club up for sale. No smoke without fire. The next turn of events have been brewing for months. The waiting game for most parties is almost over
The Philosopher
Well-Known Member
Yep. Posted that on here yesterday myself
Colin Steins Smile
Well-Known Member
Unfortunately, that's the reality for SME's and sole traders in our market economy. The bigger businesses tend to stuff everyone else.
The Philosopher
Well-Known Member
The timing, the silence from SISU, MR & Fadz both talking up the squad value and need to unite stadium and team, awkwardness of the Council and “turning down” of bailouts by Richardson, hints from Wasps kitman, all fits the narrative you ascribe.
Still feels dirty - a pre planned stitch-up of the little guys (employees losing jobs etc, taxpayers).
Dirty.
shepardo01
Well-Known Member
Not sure if this is possible.. but see below ...
Gynnsthetonic
Well-Known Member
The Philosopher
Well-Known Member
Trying to get secured creditors to accept less than their held value has such an echo.
SISU wanted to get (Co-op?) bank to accept less than owed. This is at a time when banks are being bailed out. Who ends up on the hook?
Now the same is happening to this US bank. Bondholders will end up on the hook, and HMRC get taken.
It would not shock me if this whole charade was planned including all parties a while back.
SISU wanted to get (Co-op?) bank to accept less than owed. This is at a time when banks are being bailed out. Who ends up on the hook?
Now the same is happening to this US bank. Bondholders will end up on the hook, and HMRC get taken.
It would not shock me if this whole charade was planned including all parties a while back.
The Philosopher
Well-Known Member
Skyblueweeman
Well-Known Member
Who owns CCFC by Xmas?
shmmeee
Well-Known Member
Surely the council would make the most money by taking back the lease and reselling it? And if ACL was going to be liquidated then wouldn’t the lease return anyway, or would it be sold by the liquidators? And I thought ACL wasn’t in admin?
Hope everything comes out because all this Twitter randoms “I heard from a mate” is doing my head in. Why can’t Gilbert ask these questions?
shmmeee
Well-Known Member
What we need to know is fairly simple: what have the council said to various people about retaking the lease? Could other parties other than NEC/Ashley bid and if not why not? (Dawkins/Sisu could answer this)
The rumours are all about a stitch up before Nov 1st, that’s where the media need to be focusing. You’d expect Sisu to have said something and Dawkins to have focused on that not the exclusivity clause if so, but it needs clarifying.
@SimonGilbert
The rumours are all about a stitch up before Nov 1st, that’s where the media need to be focusing. You’d expect Sisu to have said something and Dawkins to have focused on that not the exclusivity clause if so, but it needs clarifying.
@SimonGilbert
Last edited:
- Status
