Coventry building society (2 Viewers)

CCFC54321

Well-Known Member
They must be totally embarrassed with the damage wasps are creating in Coventry and potential damage to their brand? Is Gary Hoffman still in charge? If so, I wonder if he can kick some wasps backsides?
 

Grendel

Well-Known Member
They must be totally embarrassed with the damage wasps are creating in Coventry and potential damage to their brand? Is Gary Hoffman still in charge? If so, I wonder if he can kick some wasps backsides?

Hoffman left years ago 🤡
 

Grendel

Well-Known Member
 

Grendel

Well-Known Member
Garry now seems to have his fingers in Monzo Bank
 

Ashdown

Well-Known Member
It’s a pity CBS can’t find find the funds to buy the stadium, run it efficiently and rent it to CCFC. They must have more than enough cash.
 
D

Deleted member 5849

Guest
It’s a pity CBS can’t find find the funds to buy the stadium, run it efficiently and rent it to CCFC. They must have more than enough cash.
tbf that wouldn't go down overly well with some of the shareholders (me!)
 

Ashdown

Well-Known Member
Pin money to them, they made around £158 m profit before tax in 2021 alone. Buy out Wasps on the cheap for £20m and pack them off back down South to rent off someone else.
 

chiefdave

Well-Known Member
CBS aren't going to do anything that's not likely to make them money and buying the Arena is not an attractive investment to them.

The problem with anyone buying it is going to be the bonds. You're looking at £35m minimum just so Wasps can clear that, compare that to what Wasps paid.
 

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