covboy1987
Well-Known Member
Could they be still talking and yesterday announcement part of negotiating skills and also to keep ELF off there back and find a last minute solution to stay at the Ricoh
Could they be still talking (10 Viewers)
- Thread starter covboy1987
- Start date
To talk to Nick Eastwood would require him to remember what is fact and what isn't. He conveniently forgot about the letter SISU signed exempting further action against them which was a condition of talks in the first place.
I mean he thinks PSB group is a supporters group and not an individual seeking attention
I mean he thinks PSB group is a supporters group and not an individual seeking attention
Nick
Administrator
Bit early for Christmas films
covboy1987
Well-Known Member
if you think that it was all over a couple of weeks ago and then suddenly it was back on again - what makes people think it all finished? these people are hardened business negotiators - its not al over till a ball is kicked
bawtryneal
Well-Known Member
What happens a year from now is the concerning part
You have to assume that Eastwood will not change his stance during the EU investigation, which will take approx 3 years.
SISU will have to make a declaration to the EFL in the next few months if they really are going to build a new ground. Then the EFL will support us playing at St Andrews, whilst the ground is built. If no commitment from SISU then expect the EFL to play tough.
You have to assume that Eastwood will not change his stance during the EU investigation, which will take approx 3 years.
SISU will have to make a declaration to the EFL in the next few months if they really are going to build a new ground. Then the EFL will support us playing at St Andrews, whilst the ground is built. If no commitment from SISU then expect the EFL to play tough.
covboy1987
Well-Known Member
Also my thoughts - could be a bit of brinkmanship going on - something does not stack up as Birmingham city have made no statement
Ccfc1979
Well-Known Member
They have
Ccfc1979
Well-Known Member
You are correct. There has to be an end game. Building a new ground is the only option other than renting at the Ricoh again, so our focus has to be that, look fir sites and ask CCC could it go there if not why and if not where.
covboy1987
Well-Known Member
Fair play never seen that - sit tight this is not over yet - groundshare still may happen but I think there is still a deal to be done
MalcSB
Well-Known Member
I think the EU thing is a two stage process. An initial assessment, which is underway now and then a full investigation. The initial assessment is supposed to be a(relatively) short process and will move to the lengthier full investigation if the assessment shows there are grounds for believing there has been a breach of the rules. So, this time next year it could be all over or wasps and ccc will be crapping themselves if a full investigation is pursued
skyblueinBaku
Well-Known Member
That's how I understand the investigation process. It could be all over in a few months with no in depth investigation to follow.
vow
Well-Known Member
Yes, after a couple of games.
chiefdave
Well-Known Member
They could be talking who knows. I'm struggling to see the benefits to Wasps in their course of action.
There is no legal action ongoing and CCFC or SISU can't stop the EC investigation. That doesn't change if we're at the Ricoh or not. If anything kicking us out is more likely to mean further legal action.
What does change is they lose our rent and associated revenues from a minimum of 23 event days and in the region of 285K customers.
In what way is this a good business decision from Wasps?
There is no legal action ongoing and CCFC or SISU can't stop the EC investigation. That doesn't change if we're at the Ricoh or not. If anything kicking us out is more likely to mean further legal action.
What does change is they lose our rent and associated revenues from a minimum of 23 event days and in the region of 285K customers.
In what way is this a good business decision from Wasps?
Esoterica
Well-Known Member
Isn’t it just brinkmanship? They’ve got 2 months to change their mind and will be readily forgiven by most if they do. Whereas all the upheaval is on our end. And if we are forced out they get the Coventry hornets in with the backing of Hoffman’s little pot of gold, the CT and their PR machine to promote it. Or Sisu come back accepting worse conditions. Or Sisu decide they’ve had enough, sell up and Wasps get to milk the CCFC cash cow the council promised them in the first place.
Cranfield Sky Blue
Well-Known Member
I think you will get a clearer picture when/if St Andrews tickets go on sale?
Exit Stage Left
Well-Known Member
....and maybe we'll all wake up, realise it was all a dream and be back playing at the Ricoh.
Liquid Gold
Well-Known Member
Unless London Wasps change some of their mad conditions negations won’t re-start.
chiefdave
Well-Known Member
There's no way SISU, or any future owner, will indemnify Waspa and the council. That is a completely unrealistic request.
There's no way to stop the EC investigation. That is a completely unrealistic request.
SISU have already "signed an undertaking to irrevocably cease all proceedings against Wasps relating to the sale and lease of the Ricoh Arena".
It is now 100% down to Wasps. They either change their stance or we don't come back.
Otis
Well-Known Member
And if Sisu are still in charge, we won't build a new stadium either.
You can see why many are saying this could be the death knell for the club.
cc84cov
Well-Known Member
They won’t change their stance they know Sisu are full of shit and have no intentions of building a ground once this latest Legal fails what next for them surely their losing money every year they carry on their never gonna get back what they say they’ve put in just pack up and fuck off
samccov1987
Well-Known Member
I just wonder if wasps insistence that we indemnify them Is because they are aware that the EC are far more likely to rule that the sale needs investigation and find it was legally as well as morally wrong.
Likewise SISU must think moving to brum is worth their while.
As bad as this is at the moment I have a feeling we will be back and probably own the Ricoh in the next five years.
Likewise SISU must think moving to brum is worth their while.
As bad as this is at the moment I have a feeling we will be back and probably own the Ricoh in the next five years.
samccov1987
Well-Known Member
Lol that’s a decent one
Liquid Gold
Well-Known Member
I genuinely don’t know if you’re talking about sisu or wasps.
chiefdave
Well-Known Member
Its a very odd hill to die on when we have repeatedly been told there is zero chance of Wasps / CCC ever being found to be in the wrong. As much as it screws us over it hurts them as well.
Either they want us to go bust as they fear the competition or they are genuinely concerned about losing.
Liquid Gold
Well-Known Member
I think it’s more likely that they want a compliant tenant.
oscillatewildly
Well-Known Member
Amen to that.
Sick Boy
Super Moderator
And playing second fiddle to them, which is why they hate the idea of us getting back into the Championship and probably even our successful campaign last season.
COVKIDSNEVERQUIT
Well-Known Member
I agree, get the CCC to say WHY NOT and if NOT, then give them hell .
Sky Blue Harry H
Well-Known Member
My only worry then is the 'who pays for which bit' games will start - roads, infrastructure etc.
That said, plenty of other stadiums seem to get built around the country.
There does seem to have been a CCC stance that the Ricoh is the stadium, play there and do not want to entertain the thought of another stadium happening. I also think SISU need to firm up their intention of another stadium happening (and most on here are rightfully cynical about their willingness/intention to do so).
ccfc1234
Well-Known Member
If SISU were negotiating Brexit we would have left by now! They have called Wasps bluff, let's now see how much they can afford to loose our income stream. From what I read like the EU
Wasps are an organisation with debt problems.Sadly our current plight could be likened to the Greek economy, but the differance is we don't have rich clubs who want to bail us out.....
Wasps are an organisation with debt problems.Sadly our current plight could be likened to the Greek economy, but the differance is we don't have rich clubs who want to bail us out.....