Wasps going into admin & the impact on CCFC (152 Viewers)

[mark82]

I guess Wasps get to choose the Administrator. What's Appleton up to these days?

The key players here are whoever money is owed to. In our case the vast majority was owed to Sisu, therefore they had full control of the process. I'm not sure that is the case for Wasps.

 

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[jordan210]

Dont worry all. Bobby is running a live story over on Covlive.......

Wasps RECAP: Administration intention could lead to relegation

CoventryLive brings you the latest updates on reports Wasps have filed a notice in the High Court to appoint an administrator

www.coventrytelegraph.net

Its just a copy of the two tweets with nothing new.....

 

[CCFC54321]

Bye bye wasps

Everyone said Coventry wouldn’t accept you and this would be the outcome.

Only losers are the genuine wasps supporters in London.

 

[Nick]

Dont worry all. Bobby is running a live story over on Covlive.......

Wasps RECAP: Administration intention could lead to relegation

CoventryLive brings you the latest updates on reports Wasps have filed a notice in the High Court to appoint an administrator

www.coventrytelegraph.net

Its just a copy of the two tweets with nothing new.....

And copying and pasting their pr stories

 

[Liquid Gold]

Stupid fucks will stupid fuck. Has anybody given his head a shake and checked to see if skittles fall out?

 

[duffer]

Just to add. The fuckwits running the council sold our club down the river for this bunch of slimy bastards. All for what.

Kevin Maton, Kevin Maton, your team took a hell of a beating...

 

[SeaSeeEffCee]

Hasn’t their season already started? How are they going to sort out relegation?

 

[jordan210]

Sky blue trust spotted laying flowers and lighting candles at the CBS

 

[TomRad85]

Wait is this real? Is it actually happening?
Hahahahahahahahaha.... *breathe* hahahhahhaha

Sent from my SM-G973F using Tapatalk

 

[Sky Blue Harry H]

 

[Frankly_Mr_Shankly]

Bye bye wasps

Everyone said Coventry wouldn’t accept you and this would be the outcome.

Only losers are the genuine wasps supporters in London.

Not if they head back to London it won’t. They probably want this to happen deep down.

 

[Sky Blue Harry H]

If the bondholders want to get the most for the CBS, will it be a case of who coughs up the cost out of Wasps (Mark 2) if that is even allowed, and e.g. SISU? How does this tie in with Cov City Council's ownership of it? Let's hope it's a positive/turning point for the football club.

 

[AFCCOVENTRY]

Wasps Confirm 100% Shareholding In The Ricoh Arena | Ricoh Arena | Wasps

Wasps have today announced that it has completed the acquisition of a 100% shareholding of Arena Coventry Limited.

www.coventrybuildingsocietyarena.co.uk

 

[CCFC54321]

I’m as happy as a pig of shit tonight

 

[shepardo01]

Mate works in administration- used to work for deloitte, did admin at Ipswich.

From him....

 

[Nick]

Bobby bridge trying to push that is only "intention" for administration.

 

[long way home]

If this is true then the article in the FT becomes very relevant to us. Stated someone high up in Sisu was the source of the story.

 

[mark82]

Bobby bridge trying to push that is only "intention" for administration.

Right, but presumably the only way it doesn't happen is that they get investment to pay debts that they cannot currently service.

 

[shepardo01]

Also thinking that they may try something dodgy...

 

[SkyBlueSam01]

Preston Haskell IV where are you

 

[It’sabatch87]

Am I allowed a little chuckle?
Shit day at work but to come home to this, may crack open a beer now!!⚽️

 

[jordan210]

 

[Earlsdon_Skyblue1]

 

[AFCCOVENTRY]

Preston Haskell IV where are you

He’s in jail isn’t he?

 

[Philosoraptor]

He’s in jail isn’t he?

Latest I heard was a 6 weeks prison sentence if he steps foot in England.

 

[Nick]

Looking forward to seeing everybody worried about local jobs. The ones that they weren't bothered about when they watched wasps boot us out.

 

[Johnnythespider]

 

[CCFColi]

 

[ccfcmad1]

Get the champers out!

 

[Earlsdon_Skyblue1]

'I just want to watch Premiership standard Rugby.'

 

[the rumpo kid]

Could their debts be wiped so to speak, then Derek picks up the CBS on the cheap from admins, moves the training ground back over and voila, debt free but as you were with no need to pay bonds???... obviously based on a total lack of full understanding!

Called doing a leic***r .

 

[Blind-Faith]

I’m having such a gooooood day

 

[skybluepm2]

Wasps owner breaks silence to address administration claims

The Gallagher Premiership rugby club has played at the Coventry Building Society Arena since 2014

www.coventrytelegraph.net

Oh dear, Derek…

 

[coop]

And the Coventry Telegraph have it half way down there page fucking arse licking that's.

 

[Liquid Gold]

Does a rugby club fail if nobody is around to support it?