Another Gilbert tease.

Discussion in 'Coventry City General Chat' started by Captain Dart, Mar 19, 2017.

  1. rupert_bear

    rupert_bear Well-Known Member

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    The Observer ?? I
    It's nothing more than an avvertising rag which half the population of Coventry never receive
     
  2. Ranjit Bhurpa

    Ranjit Bhurpa Well-Known Member

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    Seppala streaking from the Ricoh to the Council House singing The Only Way Is Up, accompanied by Giblet on an E flat tuba??
     
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  3. chiefdave

    chiefdave Well-Known Member

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    Presumably something embargoed but what gets announced at 5am?!

    My guess would be naming rights but that's not big news that will get everyone talking. Same would apply to a concert.

    Something Fisher knows about or is the timing of the fans forum coincidental?
     
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  4. clint van damme

    clint van damme Well-Known Member

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    get up? I won't be able to sleep!
     
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  5. SkyBlue_Bear83

    SkyBlue_Bear83 Well-Known Member

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    Are you trying to get a shout out in his next video?
     
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  6. Philosorapter

    Philosorapter Active Member

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    Some interesting news may be coming out from a liquidator in the next few weeks.
     
  7. Otis

    Otis Well-Known Member

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    Major pea soup leakage?
     
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  8. Philosorapter

    Philosorapter Active Member

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    I'll sit and wait to see what the report says.
     
  9. italiahorse

    italiahorse Well-Known Member

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    Nothing else to announce as I did that one months ago.
    Anyway at 5am in the morning the only thing worth announcing would be a surprise erection.
    Mind you these days the Mrs would sooner read the Coventry Telegraph.
     
  10. pastythegreat

    pastythegreat Well-Known Member

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    How lucky am I? On a 12 hour night shift finishing at 6am. Couldn't think of anything worse but now I have this to look forward to! Winner! I'm counting down the seconds already!!

    Sent from my SM-G928F using Tapatalk
     
  11. westterrace

    westterrace Member

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    That's when the papers get shipped out from the Fort to local newsagents, so effectively when they go on sale.
     
  12. robbieray

    robbieray Well-Known Member

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    A concert wont be announced at five surely
     
  13. ccfcway

    ccfcway Well-Known Member

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    unless its 5ive ?

    Then it would be perfect
     
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  14. SuperFred

    SuperFred Active Member

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    This seems most likely
     
  15. letsallsingtogether

    letsallsingtogether Well-Known Member

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    But that's old news heard that ages ago.
     
  16. rupert_bear

    rupert_bear Well-Known Member

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    That will cause Wasps trouble. With other things going on the Wasp,Ricoh, us scenario has been put to one side for now. Wasps need local support
     
  17. fernandopartridge

    fernandopartridge Well-Known Member

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    It won't be about seats, I don't think changing the seats is high priority for them. Where's the return on investment for it? They're not made of money.
     
  18. dutchman

    dutchman Well-Known Member

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    Last edited: Mar 20, 2017
  19. robbieray

    robbieray Well-Known Member

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    Hardly breaking news, found out last night Chuck Berry died RIP
     
  20. kmj5000

    kmj5000 Member

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    They aren't insolvent are they as, unlike CCFC, the value of their assets (including the Ricoh) exceed their liabilities?
     
  21. westterrace

    westterrace Member

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    A decent story from Simon and proves that Wasps need us more than they make out, I'm not sure that our bargain basement rent of £100k a year will make much of a dent in that black hole though. So perhaps that's why Wasps are playing hard ball at the moment as they want CCFC to pay more.
     
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  22. Otis

    Otis Well-Known Member

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    Nowt new here. We all knew this anyway didn't we?

    Nothing exclusive about the story at all.
     
  23. italiahorse

    italiahorse Well-Known Member

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    They'll just refinance it.
    As long as they can pay the high interest rate investors will continue to be happy.
     
  24. hutch1972

    hutch1972 Well-Known Member

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    Which is ( the stadium) considerably higher than the valuation used when ccc sold it to them.
     
  25. SkyBlueZack

    SkyBlueZack Well-Known Member

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    You on overtime rate this early in the morning italia? ;)
     
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  26. Nick

    Nick Administrator

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    That's the news? They need to re finance because they can't pay it?

    Oh dear
     
  27. dutchman

    dutchman Well-Known Member

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    If I cant pay my debts and have to 'refinance' them, most people would consider me to be 'insolvent'. I fail to see how it's any different for a London Rugby club.
     
  28. Terry Gibson's perm

    Terry Gibson's perm Well-Known Member

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    What a shock I am no expert but surely anybody could have seen this coming, it is a minority sport followed by a group of rather strange folk. The arena is a money pit that was rushed and built badly and the builders got away with lots because the council were involved.

    The person who has just commented about the telegraph not backing London Wasps needs to have a good luck at himself.
     
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  29. Nick

    Nick Administrator

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    Is the site not branded for wasps today? Ha
     
  30. Astute

    Astute Well-Known Member

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    To refinance they would have to raise a lot of money for something that is making a loss. High risk loans comes at a high interest rate.

    It is all good owning your own stadium. But it comes at a cost. And as it is too big for us where we are now it is a good thing financially that we don't own it. It would cost us about half of our playing budget for the upkeep.
     
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  31. Terry Gibson's perm

    Terry Gibson's perm Well-Known Member

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    Everyday Nick
     
  32. fernandopartridge

    fernandopartridge Well-Known Member

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    Atrociously written article stating the obvious that Wasps may need to refinance the bond.
    Blow me down with a feather! Is that the 'solid journalism' that the narcissist was referring to?
     
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  33. SkyBlue_Bear83

    SkyBlue_Bear83 Well-Known Member

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    Wasn't this said by nearly everyone other than wasps wankers, that they won't be able to pay this. They have to pay back 35m + interest by the year 2022, it was never feasible.
     
  34. stupot07

    stupot07 Well-Known Member

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    I've been saying that from the start.

    Sent from my SM-G930F using Tapatalk
     
  35. chiefdave

    chiefdave Well-Known Member

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    I happened to be up just after 5am. Checked the CT and thought that can't be it, must be something else on the way.
     

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