Wasps going into admin & the impact on CCFC (137 Viewers)

[Brighton Sky Blue]

It seems and has been for a while fairly obvious they are trying to sell and Richardson is not getting the deal he wants. It doesn’t have to be re financing it could be a sale and this triggers the buyer into action

Could it be completely insane to think Sepalla would go for it?

 

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[chiefdave]

Interesting statement by Wasps just now. Say they’re in talks with a number of parties to secure the long term future of the Wasps group.

Pretty much every statement wasps have come out with in the last few years has turned out to be false so not sure I'd read too much into that.

 

[Sky Blue Harry H]

Buying more time it seems.

Makes you wonder if the 'bit' that has gone into admin is a bit that has bugger all assets, but has all the liabilities and so the other bits of the group have most of the assets, whilst wiping their hands of any responsibility to their creditors. Start off again owing nothing, then set off again merrily on their way?! Mind you, even if that were the case, who (Derek aside) would jump into bed with them financially?!

 

[Grendel]

Could it be completely insane to think Sepalla would go for it?

Not at the price they want I think there’d be a claim if administration happens

 

[Nick]

Pretty much every statement wasps have come out with in the last few years has turned out to be false so not sure I'd read too much into that.

Yeah but Bobby bridge is in spin mode.

 

[Sky Blue Harry H]

Interesting statement by Wasps just now. Say they’re in talks with a number of parties to secure the long term future of the Wasps group.

Rumours that they are setting up a new Bee team.

 

[Liquid Gold]

Interesting statement by Wasps just now. Say they’re in talks with a number of parties to secure the long term future of the Wasps group.

I'm in talks with a number of parties to secure the long term future of joining the England squad at the World Cup.

 

[Bertola]

It seems and has been for a while fairly obvious they are trying to sell and Richardson is not getting the deal he wants. It doesn’t have to be re financing it could be a sale and this triggers the buyer into action

Wouldn’t any buyer just wait and buy for cheaper out of administration?

 

[Grendel]

Wouldn’t any buyer just wait and buy for cheaper out of administration?

not in control then

 

[hill83]

Rumours that they are setting up a new Bee team.

On motorbikes?

 

[hill83]

Popped on the wasps forum the other day and a counter point, and this was used as a positive, to the fact wasps are in the shit. Was that rugby in general is in the shit.

 

[Liquid Gold]

Time for Joy to get that compensation claim in for rearranged games so we have a charge over the admin

 

[jordan210]

Wasps are great at recycling. Must be atlest the 4th time they have said they are in advance stages

 

[stevefloyd]

Maybe this is why Shitsu didn’t part with any transfer money so they could buy the CBS back for us...well we can live in hope

 

[Nick]

Maybe this is why Shitsu didn’t part with any transfer money so they could buy the CBS back for us...well we can live in hope

Don't get your hopes up.

 

[chiefdave]

The statement is worded slightly differently. The past statements have been they're in advanced talks to secure finance, this reads more like the club is being sold to me.

 

[SheafIsGod]

Quite possibly, but if you haven't already understood the visceral dislike of (London) Wasps pitching up here, fucking over the local rugby and football club, and disenfranchising their own supporters, I guess it's a bit late for me to try to explain.

How did they fuck over us and Cov Rugby?

 

[hill83]

How did they fuck over us and Cov Rugby?

No idea m8

 

[SheafIsGod]

W

If, and its still a big if IMO, Wasps lose control of the ground to the bondholders, is there a strong case for them staying at the CBS? 5K in a stadium that holds over 30K isn't fun as we've experienced when we've had some cold nights in the early rounds of the paint pot cup and will only get worse if the current results are maintained and we head into winter. Would that be the point at which they admit the experiment has failed.

Of course that leaves the question of where they would go. Brentford would be the obvious answer being literally minutes from where the club was previously based but having told their supporters that wasn't an option as rugby wouldn't be allowed there London Irish have moved in.

We were getting 5-6k for some league games in League 2, let alone the paint pot cup.

No idea m8

Thought as much m8

 

[robbiethemole]

doesn't 'intent to file' give them another 14 days to get sorted? I hope not, the sooner they go bump the better

 

[GaryJones]

YESS!!!!!!!!
Oh happy days oh happy days!!!
Come on Sky Blues let’s get our stadium back!!!!

 

[duffer]

How did they fuck over us and Cov Rugby?

You're having a laugh, surely?

Do you remember us playing in Birmingham? Do you remember Wasps promising to play on Sundays so as to not impact CRFC? Do you remember the Council talking about rebuilding trust with the club before discussing ownership of the stadium?

You are Kevin Maton and I claim my five pounds.

 

[Liquid Gold]

Shitsu

Whatever is going on can we not bring this shit back up again please.

It makes whoever is doing it look like the kid eating chewing gum from under desks at school

 

[Nick]

Got to love their fans on social media thanking Bobby bridge for his great work copy and pasting a statement telling them that funds are at an advanced stage. They now feel at ease.

 

[Grendel]

doesn't 'intent to file' give them another 14 days to get sorted? I hope not, the sooner they go bump the better

That’s what we did to get Sisu in

 

[Liquid Gold]

Already social media talk of "football fans have no class" and "think about the people worried about their jobs"

If you listed some of the shit Wasps put CCFC fans and employees through it would be shouted down as propaganda.

 

[Nick]

That’s what we did to get Sisu in

Did hear some rumors that Joe Elliott is driving round the bond holders.

 

[torchomatic]

If, and its still a big if IMO, Wasps lose control of the ground to the bondholders, is there a strong case for them staying at the CBS? 5K in a stadium that holds over 30K isn't fun as we've experienced when we've had some cold nights in the early rounds of the paint pot cup and will only get worse if the current results are maintained and we head into winter. Would that be the point at which they admit the experiment has failed.

Of course that leaves the question of where they would go. Brentford would be the obvious answer being literally minutes from where the club was previously based but having told their supporters that wasn't an option as rugby wouldn't be allowed there London Irish have moved in.

Ironic really as they could have been part of that development. I used to post that article from the Independent: "Why Wasps Didn't Have To Send Themselves To Coventry ".

 

[Nick]

Already social media talk of "football fans have no class" and "think about the people worried about their jobs"

If you listed some of the shit Wasps put CCFC fans and employees through it would be shouted down as propaganda.

Exactly. Where were people worried about the loss of income to the city then?

 

[torchomatic]

I'm not sure Worcester fans (best described as 'long-suffering') would agree. I wonder if a ground share would suit both parties though. Time for Wasps to pull that 'nomad' card again?

"We had no choice, we had to move for business reasons..."

 

[jordan210]

Already social media talk of "football fans have no class" and "think about the people worried about their jobs"

If you listed some of the shit Wasps put CCFC fans and employees through it would be shouted down as propaganda.

 

[Evo1883]

How i would react to anybody asking me to be respectful of wasps fans and employees..it is what it is

Anyway

 

[Deleted member 5849]

I'm not sure Worcester fans (best described as 'long-suffering') would agree. I wonder if a ground share would suit both parties though. Time for Wasps to pull that 'nomad' card again?

I'd often thought the Alexander Stadium would have a role in this drama. tbf I'd originally thought we'd end up there(!) but... time for Wasps to be 'embraced' by Britain's second city?

 

[Sky Blue Harry H]

W

We were getting 5-6k for some league games in League 2, let alone the paint pot cup.

Thought as much m8

Don't think we had any in the 5ks. 6ks yes for a couple or so. Over 9k average.

 

[Liquid Gold]

I'd often thought the Alexander Stadium would have a role in this drama. tbf I'd originally thought we'd end up there(!) but... time for Wasps to be 'embraced' by Britain's second city?

Move the travelling circus on