Wasps going into admin & the impact on CCFC (109 Viewers)

[SBT]

Who’s gimoc?

Dom Hyam

 

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[Brighton Sky Blue]

How do you mean?

He provided enough funding for them to stay in the top flight, a few big money signings over the years as well. I mean compared to our current custodians he's a clear improvement.

 

[jordan210]

 

[Nick]

Haven't the Council said for years they have no influence over ACL / Wasps?

How come they are involved now?

 

[lord_garrincha]

Confirmed. At the CBS tomorrow night. Deal agreed

BOOOOOOO!!!!! I WANTED A BALTI PIE!!!!

 

[wal3590]

Extended NOI you reckon?

 

[jordan210]

Extended NOI you reckon?

Nothings showing yet. Normally caseboard has been showing them pretty damn quickly

 

[Nick]

Nothings showing yet. Normally caseboard has been showing them pretty damn quickly

Have you got a link?

 

[jordan210]

Have you got a link?

https://caseboard.io/cases/?prod_caseboard_cases%5Bquery%5D=arena

 

[clint van damme]

BOOOOOOO!!!!! I WANTED A BALTI PIE!!!!

They do them at the cbs, had one Saturday, it wasn't the best

 

[Philosoraptor]

https://caseboard.io/cases/

Was expecting something by now.

 

[jordan210]

Was expecting something by now.

Yup the one 10 day ago was showing between 1-2pm pretty sure it was around 1:40.

 

[Terry Gibson's perm]

Imagine we are getting excited because we can play a game at the ground that was built for us no other club gets these moments

 

[NortonSkyBlue]

Where do we start:
- Hired his mates for top jobs at the club
- Club was subject of a 4-year HMRC investigation
- Lied about the money managers had available to spend
- Lied to fans: “The club admitted to the tribunal that it repeatedly and intentionally misled the press, public and the fans of Newcastle United.”
- Completely neglected SJP
- Raised ticket prices by 20%
- Doubled club debt
- Newcastle were the 13th most valuable club in football when he took over, ahead of Spurs and Dortmund.

It was his to do as he saw fit. Most business’s hire people they know, over the period of time of his tenure he increased prices less than most clubs, put up nice advertising boards over the stadium and renamed the stadium. most importantly sold it to the wealthiest people possible.
There is the counter argument.

 

[Philosoraptor]

Yup the one 10 day ago was showing between 1-2pm pretty sure it was around 1:40.

Do you reckon this agreement was before or after the court case?

 

[jordan210]

Do you reckon this agreement was before or after the court case?

No idea. only thing I can think if maybe its a pre packaged admin. and CBS went in to admin and was instantly saved no idea ?

But that would not make sense If there are multiple bidders.

Unless they have got a small extension.

 

[Skyblueweeman]

Objective 1 - get tomorrow nights game on at CBSA - done.
Objective 2 - someone buy a ground and link with CCFC - TBC.

 

[Sky Blue Pete]

Haven't the Council said for years they have no influence over ACL / Wasps?

How come they are involved now?

Bang on that shout

 

[Nick]

Wasps fan : "SISU wanted to load it up with debt on freehold so baddies. Wasps only did it on the lease so it's fine"

 

[Sky Blue Pete]

Haven't the Council said for years they have no influence over ACL / Wasps?

How come they are involved now?

Would love to talk to Martin and George again and ask their thoughts

 

[SkyblueDad]

He continues to be a twat?

Don’t think he is.

 

[Nick]

Would love to talk to Martin and George again and ask their thoughts

Very much so, also how and what their involvement is at the minute.

Reeves has a lot more on the line with Wasps failing.

 

[robbiethemole]

All three and Lucas should come under investigation over their dealings with Wasps, so obviously biased and maybe slightly the wrong side of the Law.
Questions need answering.

 

[Nick]

All three and Lucas should come under investigation over their dealings with Wasps, so obviously biased and maybe slightly the wrong side of the Law.
Questions need answering.

Ideally they would get questioned but who by?

 

[Sky Blue Pete]

Very much so, also how and what their involvement is at the minute.

Reeves has a lot more on the line with Wasps failing.

Dispute between 2 businesses and we can’t get involved mmmmmmmmmm

 

[robbiethemole]

Ideally they would get questioned but who by?

I have no idea sadly, MP's or Sport minister?

 

[Nick]

Dispute between 2 businesses and we can’t get involved mmmmmmmmmm

Now seemingly very involved.

This is my worry, Reeves is all in with Wasps and ACL because of the history. I wouldn't be surprised if he sharpened a knife and stuck it in some more if he's currently involved.

 

[duffer]

Wasps fan : "SISU wanted to load it up with debt on freehold so baddies. Wasps only did it on the lease so it's fine"

It's bollocks anyway, Coventry City were never given the option to bid on a 250 year leasehold. The council only ever offered that to Wasps. Like most Cov Wasps fans, he's struggling with the simple truth of the matter.

 

[SBT]

He provided enough funding for them to stay in the top flight, a few big money signings over the years as well. I mean compared to our current custodians he's a clear improvement.

Well he didn’t keep them in the top flight - that was partly why he alienated the fans.

What I mean is that relative to where he started he didn’t show either the means or the willingness to take the club to the next level. If he does the same with us then I’m not getting too excited.

 

[chiefdave]

Should be a sell out tomorrow when all those people who said they would have been going but not if it was at Walsall turn up

 

[Senior Vick from Alicante]

And that is the issue with football fans and probably why I asked for actual reasons other than "Ask Newcastle Fans".

Ashley spent 356 mill on transfers and got back 129 mill in sales so on paper its just the disquiet from the Geordies rather than investment. They were 18 million in the red when he bought them and 12 in the black when he sold. Those that dont want that kind of investment seem a little short sighted.

 

[Nick]

Should be a sell out tomorrow when all those people who said they would have been going but not if it was at Walsall turn up

I'm boycotting because I had already booked train tickets to Walsall.

 

[Brighton Sky Blue]

Well he didn’t keep them in the top flight - that was partly why he alienated the fans.

What I mean is that relative to where he started he didn’t show either the means or the willingness to take the club to the next level. If he does the same with us then I’m not getting too excited.

Except for them the next level would be competing for the top 4. For us it would be competing for or achieving promotion.

They require pretty different sums of money to pull off and his net spend there was 9 figures.

 

[edgy]

Should be a sell out tomorrow when all those people who said they would have been going but not if it was at Walsall turn up

Doubt it with all the season ticket refunds requested yesterday.

 

[robbiethemole]

Now seemingly very involved.

This is my worry, Reeves is all in with Wasps and ACL because of the history. I wouldn't be surprised if he sharpened a knife and stuck it in some more if he's currently involved.

They've all suffered from the same gross lack of judgment dealing with Richardson/ Wasps and were completely taken in by his bullshit and lies,
and knowingly tried to damage the football club. If that doesn't exclude them from being suitable to run the City and Council, I really don't know what would.
Perhaps a 'fit and proper persons' test should be introduced