Wasps going into admin & the impact on CCFC (158 Viewers)

[The Philosopher]

I sort of agree.

I know people will look at Sunderland going for £40m and say we aren't worth as much but buying CCFC and the Ricoh for more than that is an exciting project. The Ricoh is the most unique stadium in the country with the complex attached. CCFC are also a club with huge potential, great location in the country, big city and catchment area.

Wouldn't take much to become a local hero here.

Sunderland didn’t go for 40m. Someone apparently had that turned down.

 

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[Sky Blue Harry H]

Wouldn't take much to become a local hero here.

Went to Newcastle to meet my brother at a mark Knopffler concert - banging tune (Newcastle play it at the start of every home game)

 

[Calista]

MR has suddenly gone from saying there is no money for any new players in the January window, to saying 1, 2, or 3 new signings expected.

Another interpretation of this might be that Sisu may inject a small amount of funds to CCFC, just to strengthen their hand by giving the impression they aren't in a weak position?

 

[SkyblueDad]

Is this a one horse race though There are apparently other parties interested, is that for the arena only/ arena & club or just club.
We just need this sorting and soon
SISU have us in a transfer embargo again I don’t trust them to get that paid by January.

 

[Grendel]

Would you have preferred no ccfc?

if she moved the club again frankly no one should support that and even comprehend entertaining her logic

 

[Grendel]

Ashley is worth about £4b
If he wants us, he will get us - think he would get bored making SISU squirm for years to save himself a few million. If he has a project/aspirations to do something with us, I'd have thought he'd want to get on with it, albeit he seems like he'd be a canny poker player (hidden aces up his sleeve etc)

Not how Ashley thinks - he will pay bottom book price.

 

[Brighton Sky Blue]

Not how Ashley thinks - he will pay bottom book price.

Isn’t it the case though that whether CCFC are in administration or not, the people he’s ultimately paying the money to are the same? Just with an administrator there’s extra fees to pay. So may as well start making offers sooner rather than later if it’s a project he has in mind

 

[SkyblueDad]

Mark Knopfler is one of the all time greats and Dire Straights instrumentally brilliant

 

[Grendel]

Isn’t it the case though that whether CCFC are in administration or not, the people he’s ultimately paying the money to are the same? Just with an administrator there’s extra fees to pay. So may as well start making offers sooner rather than later if it’s a project he has in mind

Doubt administration will happen. We could sell players to stop that happening get relegated reduce the wage bill and reward investors accordingly

 

[Brighton Sky Blue]

Doubt administration will happen. We could sell players to stop that happening get relegated reduce the wage bill and reward investors accordingly

Or just reward investors now by selling up

 

[Liquid Gold]

It’s not

Go on then. Who has said what?

 

[Grendel]

Or just reward investors now by selling up

Doubt they would raise as much they will just think differently

 

[Evo1883]

There is no doubt in my mind that Mike ashley will be the new owner of coventry city .. the only problem is how long we have to wait for that to happen with sisu

 

[Brighton Sky Blue]

Doubt they would raise as much they will just think differently

They’d probably get a similar outcome for a Championship squad with valuable players as they would for selling off said players then being relegated

 

[Grendel]

They’d probably get a similar outcome for a Championship squad with valuable players as they would for selling off said players then being relegated

no chance

 

[Evo1883]

if she moved the club again frankly no one should support that and even comprehend entertaining her logic

Especially knowing who is waiting in the wing to take over , there was nobody before , I wouldn't go

 

[SkyBlueSam01]

True but where did that come from?

 

[Brighton Sky Blue]

no chance

Well I think so, offer all 3 players out in January do we get more than £20 million for the lot?

 

[Brighton Sky Blue]

if she moved the club again frankly no one should support that and even comprehend entertaining her logic

And nobody would

 

[Hiraeth]

Went to Newcastle to meet my brother at a mark Knopffler concert - banging tune (Newcastle play it at the start of every home game)

Is that chopper in the video a coincidence or just a coded way to announce that you are ITK?

 

[Calista]

Went to Newcastle to meet my brother at a mark Knopffler concert - banging tune (Newcastle play it at the start of every home game)

Not sure we need to know what your banging tune is SBHH

 

[The Philosopher]

The argument that SISU is losing money:

Counter argument is that the squad at the start of this season is worth (say) £10m more than last and the £5m put in leaves £5m profit on the books (ie CCFC is worth more)

CBA to argue.

Bottom line is that those who think that Joy has to sell for a balloon and a goldfish need to have a word with themselves. Then a shrink.

 

[Evo1883]

The argument that SISU is losing money:

Counter argument is that the squad at the start of this season is worth (say) £10m more than last and the £5m put in leaves £5m profit on the books (ie CCFC is worth more)

CBA to argue.

Bottom line is that those who think that Joy has to sell for a balloon and a goldfish need to have a word with themselves. Then a shrink.

Administration is the final outcome for us though , and she will lose all her investment

 

[Grendel]

Well I think so, offer all 3 players out in January do we get more than £20 million for the lot?

Irrelevant. Those fees can wipe deferred interest out capital loans still remain. Club gets £7 million tv next season. Can look to sell again following season get relegated readjust

We won’t get £20 million anyway

 

[skybluepm2]

Administration is the final outcome for us though , and she will lose all her investment

unless they manipulate the process like they did with Otium wouldn’t surprise me with that witch.

 

[Evo1883]

unless they manipulate the process like they did with Otium wouldn’t surprise me with that witch.

Fair point but they would still lose the lot

They may aswell sit down and talk , negotiate a deal and a % of our current top player sales and fuxk right off

 

[Seaside-Skyblue]

Fucking hell

No but I'm sure he'll be trying to get a ticket for Wembley.

Sent from my SM-A908B using Tapatalk

 

[Sky Blue Pete]

if she moved the club again frankly no one should support that and even comprehend entertaining her logic

Was referring to the past and not the future

 

[Grendel]

Was referring to the past and not the future

Well now the nonsense of a new ground are exposed as - well nonsense

Whatever misgivings there are about Ashley - plenty i am sure - I would think if this goes through they will have little support in the fan base to cling on much longer

Time to get an exit strategy together

 

[chiefdave]

Would you have preferred no ccfc?

Personally I'm hoping we never get to to a point where we have Sepalla saying we're moving again and the EFL saying you're out the league if you do. But that is a worry in the Ashley scenario, two people neither of whom are prepared to back down or that concerned about the collateral damage they cause.

I know a lot of people were concerned with the potential of the NEC taking over but I didn't really buy into the idea that they would concrete over the pitch & stick a roof on or raise the rent to ridiculous levels. I'm yet to be convinced that a relatively passive landlord who just lets us do are thing is worse than someone like Ashely trying to distress SISU into selling the club.

 

[chiefdave]

Was referring to the past and not the future

You can make an argument for the necessity of both previous moves, the game at Burton and even the potential of games at Walsall, you might not agree with it but that argument is there. Not sure you can make a solid argument for moving again because SISU haven't made any effort to purchase the stadium after a decade of trying to distress ACL to the point it was available for purchase.

 

[shmmeee]

Personally I'm hoping we never get to to a point where we have Sepalla saying we're moving again and the EFL saying you're out the league if you do. But that is a worry in the Ashley scenario, two people neither of whom are prepared to back down or that concerned about the collateral damage they cause.

I know a lot of people were concerned with the potential of the NEC taking over but I didn't really buy into the idea that they would concrete over the pitch & stick a roof on or raise the rent to ridiculous levels. I'm yet to be convinced that a relatively passive landlord who just lets us do are thing is worse than someone like Ashely trying to distress SISU into selling the club.

How can he distress them?

 

[shepardo01]

How can he distress them?

He can put the rent up can't he.. internally, the club are already concerned with this....

 

[shmmeee]

He can put the rent up can't he.. internally, the club are already concerned with this....

Dont think so. We have eight years left.

 

[Kneeza]

Went to Newcastle to meet my brother at a mark Knopffler concert - banging tune (Newcastle play it at the start of every home game)

Ha. I actually played that last night, and Coming Home by Delaney & Bonnie. Both superb tunes.