Nick
Administrator
It's madness, surely it's not even allowed because of his links?
Wasps downward spiral... (78 Viewers)
- Thread starter CCFC54321
- Start date
David O'Day
Well-Known Member
Bit shocking if Reeves has not even told the elected council leaders
fernandopartridge
Well-Known Member
Can't help but think an irritated councillor has released the story, if so, fair play to them
ccfc1234
Well-Known Member
If i was Sisu I would be firing low key warning shots to Martin Reeve, the West mids financing group and anyone else who is in support of state aid. Public funds are scarcer than ever, as Clint said above library's are crowd funding their existence. Millions of pounds to prop up a failing business is not in the interests of the wider public.
What is extra frustrating is that CCFC over the years would never get this sort of gold plated help, despite the fact that we have been the major sporting team in the City for many generations.
What is extra frustrating is that CCFC over the years would never get this sort of gold plated help, despite the fact that we have been the major sporting team in the City for many generations.
fernandopartridge
Well-Known Member
I thought that but discovered that they appointed a full time CEO last year
Nick
Administrator
Ah it must have been temporary then as he was working for them both. That is even more dodgy, then add in being a director of ACL.
Liquid Gold
Well-Known Member
Overson (the guy that told the trust to fuck off when he found out they were working with Wasps) knows
Flying Fokker
Well-Known Member
If the Lizard has been lobbying for Wasps, he needs to resign.
Liquid Gold
Well-Known Member
All of the accusations of wearing tin hats and being conspiracy theorists over the years because we wouldn't accept PR people telling us how it was on here or the council being obviously in bed and yet again it's proved to be correct.
Sky Blue Harry H
Well-Known Member
Anybody else think we ought to be getting Blues fans on this case - why not for the Trillion, if you're going to help Wasps. Would think they'd soon pick this up and kick up a stink.
Brighton Sky Blue
Well-Known Member
I think that ground of theirs already stinks plenty
Sky Blue Harry H
Well-Known Member
There you go, I've signed up and posted to see what happens?!?
shepardo01
Well-Known Member
Might be worth linking Gilbert's tweets.
And saying that it is likely that their application is that, but will end up paying of shortfall of bond payment (debt!) and not be used to repair the ground.
Saddlebrains
Well-Known Member
Tweeted blues under the KRO hashtag also
More people that kick up a fuss the better
More people that kick up a fuss the better
duffer
Well-Known Member
Absolutely spot on. This is extremely dubious at best given his history; it is entirely improper that he didn't consult with elected officials before acting on ACL/Wasps behalf and perhaps even recuse himself from the process.
We're paying this bloke approximately £200k p.a.. As someone appointed to public office, he's supposed to uphold the Nolan Principles. There's more than one that he might have broken, but these stand out for me...
Integrity: Holders of public office must avoid placing themselves under any obligation to people or organisations that might try inappropriately to influence them in their work.
Openness: Holders of public office should act and take decisions in an open and transparent manner.
It won't happen of course, but I'd be happy to see him sacked.
duffer
Well-Known Member
Last one of the evening, promise. Wasps have been here before of course, trying to leverage Wycombe District Council:
Once again using the implied threat of administration/liquidation if they didn't get their way. They ended up moving 82 miles away of course. Gosh, that would be a sad outcome...
Wycombe Air Park sports project turned down
Plans for a stadium and sports project in Buckinghamshire are turned down by councillors.
www.bbc.co.uk
Once again using the implied threat of administration/liquidation if they didn't get their way. They ended up moving 82 miles away of course. Gosh, that would be a sad outcome...
jordan210
Well-Known Member
Last one of the evening, promise. Wasps have been here before of course, trying to leverage Wycombe District Council:
Wycombe Air Park sports project turned down
Plans for a stadium and sports project in Buckinghamshire are turned down by councillors.www.bbc.co.uk
Once again using the implied threat of administration/liquidation if they didn't get their way. They ended up moving 82 miles away of course. Gosh, that would be a sad outcome...
If they go 82 miles North east by east they will end up in the Sea where they belong !
fernandopartridge
Well-Known Member
mr_monkey
Well-Known Member
Which 5 investors will put in £2.6m each?
I imagine the calls gone in checking the free waspie shirt is still ringfenced for him… if not this will get interesting….I can't
Philosoraptor
Well-Known Member
That drunk, I almost missed putting whiskey in the glass. This has been a long time coming. I think how this group has treated other sporting clubs (CCFC and Coventry RFC aside) has been absolutely abysmal.
Philosoraptor
Well-Known Member
Just hope, if they do need to go into administration, the money will be taken from the wasp group and not from the stadium.
It needs protecting.
It needs protecting.
fernandopartridge
Well-Known Member
Shugs over on Drunken Wasps
Liquid Gold
Well-Known Member
I hope after all is done and wasps are no longer here and in the spirit of reconciliation those from Cov that did go and support them are too embarrassed to ever go to the arena again and if they do attempt it any mention that they supported them gets them swiftly kicked the fuck out (of).
Peter Billing
Well-Known Member
If the funds are considered capital expenditure then the benefit would be material on the balance sheet. It suggests the £5m they secured before wasn't enough and this is the second go to try fill a gap in the security. Absolutely stinks of desperation.
HuckerbyDublinWhelan
Well-Known Member
Reckon Jan will come crawling back?
Philosoraptor
Well-Known Member
I think a question needs to be asked of how long has CCC known about this. Is this part of the reason Ann Lucas has suddenly disappeared from the scene?
She did want to talk about CCFC like it was urgent before she bowed out.
She did want to talk about CCFC like it was urgent before she bowed out.
Liquid Gold
Well-Known Member
If he comes crawling a mile over broken glass then I'd make him do the mile back
Liquid Gold
Well-Known Member
By material impact I mean in operating funds and cashflow.
I work for a charitable organisation and when we receive funds that are contracted for activities it is restricted to be spent on that. It still appears as income and is held as funds on a balance sheet but but if we either a, weren't holding enough cash or b, were spending the funds on something outside of the agreement we'd be in breach of contract and have to return the entirety.
If they were given £5m to do some renovations and haven't done them and the contract doesn't punish that then it's corrupt as fuck. If they're trying to do that twice then you shouldn't have to discuss anything else before you see how unscrupulous the behaviour of Wasps and CCC has been.
