Wasps going into admin & the impact on CCFC (192 Viewers)

[Philosoraptor]

Found it!

Enough to bring a tear to your eye.

How's the £34M going to the council owned Tom White Skip Hire coming along?

 

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[Brighton Sky Blue]

The wonders of Kevin Maton strikes again.

Nandos for a library. That's regeneration for you.

He strikes me as the kind of guy who fills his drink using the water glass

 

[Philosoraptor]

He strikes me as the kind of guy who fills his drink using the water glass

It does make you wonder how many of the Labour councillors would have entered the council house on the Tory side if they held the balance of power in Coventry.

 

[Kneeza]

It does make you wonder how many of the Labour councillors would have entered the council house on the Tory side if they held the balance of power in Coventry.

A good few. Labour my arse.

 

[CCFC54321]

He strikes me as the kind of guy who fills his drink using the water glass

And gets out of the bath when he needs to go for a piss….

 

[Sky Blue Harry H]

And gets out of the bath when he needs to go for a piss….

 

[SkyblueDad]

It does make you wonder how many of the Labour councillors would have entered the council house on the Tory side if they held the balance of power in Coventry.

Vote them out then or better still if you live in Cov. stand against them as an independent

 

[tisza]

They are one and the same TBF

So the one successful part of Ccfc involvement? Actually B Richardson who sorted that part.

 

[shmmeee]

So the one successful part of Ccfc involvement? Actually B Richardson who sorted that part.

No I mean the project as a whole was the start of regeneration, you can’t separate the two. To claim there’s been no regeneration is ludicrous.

 

[Philosoraptor]

No I mean the project as a whole was the start of regeneration, you can’t separate the two. To claim there’s been no regeneration is ludicrous.

How come you never see opening a huge supermarket and sports stadium in a top ten list of ways to add regeneration to a local area.

It's like arguing that Peter Sutcliffe was an excellent lorry driver.

 

[hill83]

How many days are we on now?

 

[Otis]

How many days are we on now?

For my missus, this is now the 4th day.

 

[Nick]

Their second League game off. Put a fork in them.

 

[Sky Blue Harry H]

The precious rugby family that they so espouse.....

from their forum, in response to players finding jobs at other clubs

Yeah, I think we all wish them well. But I would happily wish bankruptcy on those 4 clubs trying even now to increase the cap.
We need a reset button.

 

[shmmeee]

How come you never see opening a huge supermarket and sports stadium in a top ten list of ways to add regeneration to a local area.

It's like arguing that Peter Sutcliffe was an excellent lorry driver.

Have you got that list?

Here’s a paper on using stadia for urban regeneration: Urban Regeneration and Sports Stadiums

It’s a fairly well accepted urban regeneration tool.

But then you seem to think a library was the main bit so this might a bit beyond you.

 

[Nick]

The precious rugby family that they so espouse.....

from their forum, in response to players finding jobs at other clubs

Yeah, I think we all wish them well. But I would happily wish bankruptcy on those 4 clubs trying even now to increase the cap.
We need a reset button.

It's hilarious at the double standards.

 

[Ccfcsj]

Why is their game against Newcastle Falcons on Sunday not listed as cancelled. Both the Wasps website and the Gallagher Premiership website have the game as on. Not sure why as they have no players or coaches - unless there's something we don't know about???

 

[Grendel]

Why is their game against Newcastle Falcons on Sunday not listed as cancelled. Both the Wasps website and the Gallagher Premiership website have the game as on. Not sure why as they have no players or coaches - unless there's something we don't know about???

it’s clearly not taking place

 

[Nick]

 

[chiefdave]

If we follow the timescale of Worcester their remaining fixtures should now be cancelled and the previous results removed from the table.

 

[Bad Boy]

If we follow the timescale of Worcester their remaining fixtures should now be cancelled and the previous results removed from the table.

I was wondering why their results haven't yet been expunged.

 

[gazza]

If we follow the timescale of Worcester their remaining fixtures should now be cancelled and the previous results removed from the table.

what day would relegation be confirmed?

 

[SHUNT31]

Notice issued to Bondholders.

What a strange situation, asking for additional funds from people owed £35m to fund a marketing campaign for the sale of the arena.

Clearly, no suitors at this time.

 

[Liquid Gold]

Look at the size of that stadium. Much more suited to rugby and in a larger conurbation without having pissed off the locals.

Don’t know what wasps were thinking with the arena.

 

[Nick]

Notice issued to Bondholders.

What a strange situation, asking for additional funds from people owed £35m to fund a marketing campaign for the sale of the arena.

Clearly, no suitors at this time.

That is random!

 

[Esoterica]

Notice issued to Bondholders.

What a strange situation, asking for additional funds from people owed £35m to fund a marketing campaign for the sale of the arena.

Clearly, no suitors at this time.

 

[SHUNT31]

That is random!

Very much so.

Unless they’ve been lowballed and want to use others to push the price up.

Still, I can’t imagine an arena of that size needing marketing to facilitate a sale. If someone is interested, I’m sure they’ve already come forward.

 

[shmmeee]

If no one is out there, probably best to let it go to Sisu and hope they can sell it as a package deal TBH.

But you’d have thought marketing the assets was part of the administrators job surely?

 

[SHUNT31]

If no one is out there, probably best to let it go to Sisu and hope they can sell it as a package deal TBH.

But you’d have thought marketing the assets was part of the administrators job surely?

Why is it not best that it goes to SISU anyway? It will make no difference to CCFC if it’s owned by the club or them.

If they would want to sell CCFC in future they’d have to sell the whole lot, no one would be interested in the club without the stadium.

 

[chiefdave]

Have you got that list?

Here’s a paper on using stadia for urban regeneration: Urban Regeneration and Sports Stadiums

It’s a fairly well accepted urban regeneration tool.

But then you seem to think a library was the main bit so this might a bit beyond you.

Got to say when I park down by the Horseshoe and walk down to the ground the area doesn't scream regeneration to me.

Past the initial shopping centre and stadium itself what else has been done in the area? You could probably make an argument that once decontaminated a shopping centre would have been built with or without the stadium.

To be fair I don't think I'd ever been up that way before the stadium was built so it could be way better now than it was before.

 

[shmmeee]

Why is it not best that it goes to SISU anyway? It will make no difference to CCFC if it’s owned by the club or them.

If they would want to sell CCFC in future they’d have to sell the whole lot, no one would be interested in the club without the stadium.

Well I’m kinda hoping an owner who can afford to run the club would come forward and out the parts together themselves. Cos I’ve got no faith Sisu won’t just squat there like they are with the club and not progress anything.

 

[chiefdave]

Notice issued to Bondholders.

What a strange situation, asking for additional funds from people owed £35m to fund a marketing campaign for the sale of the arena.

Clearly, no suitors at this time.

So on the one hand we're being told there are buyers queuing up but on the other the bondholders are being told if they don't pay to market to potential buyers they've seen the last of their money. For a change something doesn't add up here.

Is this going to end up back with the council and arguments about who should own it again. If it does I suspect SISU will want the required maintenance done by the council and then either a very lowly priced 250 year lease or a long term deal for a peppercorn rent. Essentially you'll have a council that don't want to, and history tells us, aren't capable of running the complex and an owner of the club who wants to pay fuck all for it.

On the bright side if SISU get the stadium I can't really see them sticking around as landlords. Surely that's the point at which they put the whole lot up for sale.

 

[shmmeee]

Got to say when I park down by the Horseshoe and walk down to the ground the area doesn't scream regeneration to me.

Past the initial shopping centre and stadium itself what else has been done in the area? You could probably make an argument that once decontaminated a shopping centre would have been built with or without the stadium.

To be fair I don't think I'd ever been up that way before the stadium was built so it could be way better now than it was before.

I find it hilarious on here how arguments change from one minute to the next depending on who is being argued again. When CCFC are moving out it’s “what about the local economy? Wont somebody think of the small businesses?” Then when someone says the arena has benefitted the local economy suddenly it’s an outrageous idea

There are infinitely more jobs and investment in North Coventry thanks to that patch of land than there were when it was a gas tower. Come on.

 

[SHUNT31]

Well I’m kinda hoping an owner who can afford to run the club would come forward and out the parts together themselves. Cos I’ve got no faith Sisu won’t just squat there like they are with the club and not progress anything.

They’re a hedgefund. They don’t want assets that don’t bring a return on investment. Get the stadium and they can offload at potential profit, if not break even.

 

[rexo87]

Interesting. Do we think it could go back to the council and them cut their losses and try and get rid of the freehold?

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