Wasps going into admin & the impact on CCFC (129 Viewers)

[Grendel]

Don’t directors have some financial liability if in place when it goes tits up

no not at all

 

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[rexo87]

Don’t directors have some financial liability if in place when it goes tits up

Only if they were stupid enough to sign personal guarantees with creditors. I very much doubt they would have

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[hill83]

View attachment 26551

 

[fernandopartridge]

Don’t directors have some financial liability if in place when it goes tits up

You can get banned from holding another directorship if found to be willfully trading while insolvent

 

[Nick]

That geezer who calls himself 'Bulkos top boy' on Twitter is a wanker isnt he

what's he doing now?

 

[Deleted member 5849]

I agree with you, football is far more rooted in its local community and the collective psyche of the population where its based. It is an undeniable fact.

In the main it's fair to say that football is more populace, more embedded, let's say, but it's nonsense to deny that rugby clubs don't hold sway, and certainly don't hold a certain sedimented culture within a place. Obviously that differs from place to place, and sometimes that's years ago... we nearly weren't Coventry City because CRFC didn't like the idea of there being another Coventry Football club in the area. Plus if you live in Newport, Cardiff even, then you've got far more of an argument that it's not actually the case. Head for Llanelli and it's certainly very different. Keep in England and Gloucester are more of an identity for the city than its football club by far - the latter has been allowed to wither away... and if we move into Rugby League then we hit a whole different argument. The problem, incidentally, that both Union and League ave caused for themselves is they've just seen economies - try and get clubs in the big, populated areas and who cares about the smaller clubs with the loyal fanbases - let them die and put yourself at the mercy of TV, and a more elastic fanbase that will turn off as much as turn on. Football hasn't done the same geographically, but if ever it becomes top flight at the total expense of everything else, they might find similar problems down the line in, say, 20 years...

And just because something is smaller, does that mean we ignore it? It's the kind of attitude that when clubs like Chester are floundering sees a 'not my problem' spring up but, at some point, it might be us... and indeed turned out to be us.

It's the general chains which keep things like place, identity together. Loosen it in one area, and it's far easier to loosen it elsewhere.

 

[duffer]

I agree with you, football is far more rooted in its local community and the collective psyche of the population where its based. It is an undeniable fact.

More people follow football than rugby, that's a fact. Beyond that there's not much difference. You and SBT don't care for rugby, I get that. Beyond that it's all excuses and justification. Pompous rubbish indeed.

 

[Saddlebrains]

what's he doing now?

when people are saying about wasps not being at the heart of the community, Hes claiming nor are CCFC because SISU took us to Northampton and Birmingham

Absolute pellet

 

[Esoterica]

so glad wasps can afford the stadium

Oh Amy, I'm sorry....

 

[jordan210]

"Most of the bad coverage particularly on social media is born out of jealousy of the success we have had and the ground we own. Football fans in particular"

 

[SBT]

In the main it's fair to say that football is more populace, more embedded, let's say, but it's nonsense to deny that rugby clubs don't hold sway, and certainly don't hold a certain sedimented culture within a place. Obviously that differs from place to place, and sometimes that's years ago... we nearly weren't Coventry City because CRFC didn't like the idea of there being another Coventry Football club in the area. Plus if you live in Newport, Cardiff even, then you've got far more of an argument that it's not actually the case. Head for Llanelli and it's certainly very different. Keep in England and Gloucester are more of an identity for the city than its football club by far - the latter has been allowed to wither away... and if we move into Rugby League then we hit a whole different argument. The problem, incidentally, that both Union and League ave caused for themselves is they've just seen economies - try and get clubs in the big, populated areas and who cares about the smaller clubs with the loyal fanbases - let them die and put yourself at the mercy of TV, and a more elastic fanbase that will turn off as much as turn on. Football hasn't done the same geographically, but if ever it becomes top flight at the total expense of everything else, they might find similar problems down the line in, say, 20 years...

And just because something is smaller, does that mean we ignore it? It's the kind of attitude that when clubs like Chester are floundering sees a 'not my problem' spring up but, at some point, it might be us... and indeed turned out to be us.

It's the general chains which keep things like place, identity together. Loosen it in one area, and it's far easier to loosen it elsewhere.

So do you think it’s worth fighting to keep Wasps in Coventry, for the sake of the genuine Coventry-area fans who would otherwise have their team taken from them?*

* All 20 of them…..but it’s the principle, isn’t it?

 

[torchomatic]

Wasn't the statement made by Phil Townshend, who coincidentally, was accused of screwing another person out of their home?

I can't remember who it was. Only that it wasn't Lucas but one of her minions.

 

[hill83]

So do you think it’s worth fighting to keep Wasps in Coventry, for the sake of the genuine Coventry-area fans who would otherwise have their team taken from them?*

* All 20 of them…..but it’s the principle, isn’t it?

 

[steve cooper]

Dear Amy,

Just 2 things.

1. We've already been in administration a couple of times but of course you know the history of our club so you know that.
2. Neither can Wasps afford the stadium.

Regards

A Cov City fan

Her last name sounds a lot like Boosh.

 

[Tommo1993]

Deflect, deflect, scramble, scramble. Blame football fans and now I feel better.

 

[HuckerbyDublinWhelan]

Deflect, deflect, scramble, scramble. Blame football fans and now I feel better.

*football fans
*SISU
*Saracens
*Exeter

but Derek Richardson - top bloke

 

[Nick]

*football fans
*SISU
*Saracens
*Exeter

but Derek Richardson - top bloke

It's very random isn't it.

It's what happens when they have been misled so much over the last few years with a local reporter who just copies and pastes Pr articles and they all thank him for it too.

 

[Senior Vick from Alicante]

So do you think it’s worth fighting to keep Wasps in Coventry, for the sake of the genuine Coventry-area fans who would otherwise have their team taken from them?*

* All 20 of them…..but it’s the principle, isn’t it?

These local supporters are not what I would call hardcore fans. If they were in it for the rugby then they would possibly already be watching CRFC, it will be part time glory hunters attaching themselves to what they perceived as a big club. Most never gave a shit to our situation or the nuances around it. They were chasing glory so sod them.

 

[Samo]

There seems to be a lot of talk about Wasps reforming and staying at the CBS but I would have thought they would be itching to get rid of that lease and leave the city. The business model was already fucked and is probably going to get more fucked, so surely that lease is now a millstone they could well do without?

 

[Sky Blue Harry H]

WE
ARE
SUPREMELEY
POSITIVE (LY)
SKINT

 

[AOM]

View attachment 26551

Two sports clubs probably. I'm just watching

 

[Sky Blue Harry H]

Wasps forum - 534 posts
SBT forum 2206 and counting

 

[SBT]

These local supporters are not what I would call hardcore fans. If they were in it for the rugby then they would possibly already be watching CRFC, it will be part time glory hunters attaching themselves to what they perceived as a big club. Most never gave a shit to our situation or the nuances around it. They were chasing glory so sod them.

I agree. I already think far too much energy has been wasted pretending that where Wasps play is important, beyond what it means for who owns the CBS. The idea that CCFC fans would veto a potential takeover bid (especially if it was the only credible investor linked with us in a decade) just because Wasps might be involved is ludicrous to me.

 

[Robinshio]

Directors are only liable if they acted illegally or continued to trade when knowingly insolvent

 

[Nick]

Directors are only liable if they acted illegally or continued to trade when knowingly insolvent

You could say they knew the bonds weren't getting paid and they were insolvent when they were falsifying evidence for the auditors.

 

[SHUNT31]

Directors are only liable if they acted illegally or continued to trade when knowingly insolvent

Which they clearly have btw


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[CCFC54321]

Directors are only liable if they acted illegally or continued to trade when knowingly insolvent

Hence my post yesterday. They did continue trading. 2018 this was being called out and no way was the bond ever being paid the way the business was operating.

 

[shmmeee]

They moved here when we played there.

The deal was done wel before then though. The fact has always been we opened the door to them by leaving and saying we were building our own ground.

The people to blame for us not having a secure home are those that left the one we had without a plan to replace it.

 

[jordan210]

Not wasps related. But why looking at The Gazette. looks like Southend united have just this second gone in to admin

https://www.thegazette.co.uk/insolvency/notice

 

[Philosoraptor]

I can't remember who it was. Only that it wasn't Lucas but one of her minions.

Townshend was acting leader at the time. Lucas was on holiday.

 

[Calista]

Some rugby clubs also are - Exeter, Gloucester, Harlequins, Northampton, Bath - Leicester is a big city for both which is unusual I guess. Wasps have no community base at all

Presumably they did when they were in west London, but if so a decade on an industrial estate on the other side of Wycombe about 30 miles away must surely have killed it, which explains the feeble opposition to the Coventry move. With Wasps it seems more like brand loyalty than a club rooted in a place.

They obviously have fans who are passionate about the club (including the woman on Twitter who says she travels from Essex every week!), and I for one have no inclination to gloat about what’s happening to them. I despise their owners who have shafted investors, and pulled the wool over people’s eyes (including the Council) with the promise of elite sport which they have failed to deliver. But the people on here who are kicking the rugby club when it is down are pursuing the wrong target IMO.

 

[torchomatic]

Townshend was acting leader at the time. Lucas was on holiday.

More senior than I remember then. Makes the disingenous stance even more appalling then.

 

[jordan210]

 

[HuckerbyDublinWhelan]

Don’t beat around the bush like

 

[Nick]

The deal was done wel before then though. The fact has always been we opened the door to them by leaving and saying we were building our own ground.

The people to blame for us not having a secure home are those that left the one we had without a plan to replace it.

5 September 2014 - Coventry City v Gillingham
7 Oct 2014 - Council vote unanimously on sale of Coventry's Ricoh Arena