Wasps going into admin & the impact on CCFC (212 Viewers)

[shmmeee]

Course he's the council

I mean, he’s not. The council are the councillors technically, colloquially it’s everyone who works for Coventry City Council. So Duggins can legitimately say it’s not been considered by the council and Gilbert can say the council did it. And both can be right. Isn’t language wonderful?

What’s not up for debate it seems is that it wasn’t taxpayer money being suggested, but Reeves introducing third parties. Which is not the angle Gilbert is going for.

 

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[Frostie]

Now before I go on I’m delighted for this kit man that he is still in a job especially at this time of the year. However, he’s given an impression that London wasps are returning to the area as he is effectively the old training ground caretaker. Not sure he should be doing this….

Especially as that training ground doesn't even belong to Wasps.

 

[Earlsdon_Skyblue1]

I mean, he’s not. The council are the councillors technically, colloquially it’s everyone who works for Coventry City Council. So Duggins can legitimately say it’s not been considered by the council and Gilbert can say the council did it. And both can be right. Isn’t language wonderful?

What’s not up for debate it seems is that it wasn’t taxpayer money being suggested, but Reeves introducing third parties. Which is not the angle Gilbert is going for.

Sorry mate, couldn't read that.

All I could see was 'council apologist'.

 

[Old Warwickshire lad]

? They will because them and Gilbert have been beating that drum for a while, but what taxpayers money? If anything it was Hottingers money.

But was it, nobody knows what they have been up to. Do they not have to have audited accounts each year ?

 

[shmmeee]

Sorry mate, couldn't read that.

I’ve got some Biff and Kipper books my youngest has grown out of if that helps?

 

[Saddlebrains]

Totally believe it!
Is there no way you could get info like this to Gilbert?... then what he does with it/how much he believes he can dig is up to him??

He'll get hold of it

Same source as me

 

[Saddlebrains]

Shocking yet not surprising.

So he is actively working against the interests of the club and SISU.

Basically doesn’t want CCFC owning the stadium.

Yep.

As i said when admin was announced at twat oclock 3 days after it SHOULD have been announced, it was pushed through with the preferred bidder exclusivity shit for Ashley as Reeves and co found out that Sisu DID have the cash to take on the stadium with this 51% investor

Council (disguised as ACL) shat themselves knowing sisu could finally get their paws on the ground and there was no way they would allow that

 

[torchomatic]

Or local journos fudging facts for clicks. Take your pick.

The Chief Exec becomes “the council” which he’s not, he’s Chief exec of Coventry City Council. A third party being introduced becomes “council bailout” because that’s the story angle he’s been working with TWW and the like.

After four hours, this is the best you can come up with?

 

[shmmeee]

Yep.

As i said when admin was announced at twat oclock 3 days after it SHOULD have been announced, it was pushed through with the preferred bidder exclusivity shit for Ashley as Reeves and co found out that Sisu DID have the cash to take on the stadium with this 51% investor

Council (disguised as ACL) shat themselves knowing sisu could finally get their paws on the ground and there was no way they would allow that

So why didn’t Sisu bid?

 

[shmmeee]

After four hours, this is the best you can come up with?

I did spend three of them watching Wakanda Forver

 

[Frostie]

What’s not up for debate it seems is that it wasn’t taxpayer money being suggested, but Reeves introducing third parties. Which is not the angle Gilbert is going for.

It says it was to be a joint venture between Hottinger & the Council via match-funding?

 

[Earlsdon_Skyblue1]

I’ve got some Biff and Kipper books my youngest has grown out of if that helps?

Which episodes do you have?

'Biff and Chip spend council payers taxes on luxury yachts' or 'An afternoon in Hillfields and an Expenses Extravaganza.'

Either will do m8.

 

[fernandopartridge]

? They will because them and Gilbert have been beating that drum for a while, but what taxpayers money? If anything it was Hottingers money.

Did you miss the match funding bit?

 

[Saddlebrains]

So why didn’t Sisu bid?

Because Admin was widely expected. From all interested parties.

Then all of a sudden, open admin wasnt an option.

As i said at the time, ACL/Councils one last fuck you to the club

 

[shmmeee]

Because Admin was widely expected. From all interested parties.

Then all of a sudden, open admin wasnt an option.

As i said at the time, ACL/Councils one last fuck you to the club

Did they also tip off NEC or just Ashley?

 

[shmmeee]

Did you miss the match funding bit?

I did TBF. There should be no taxpayer money. I take it back Lego head.

 

[Saddlebrains]

Did they also tip off NEC or just Ashley?

The NEC wasnt ever really a goer i heard

 

[fatso]

Whats a selling club exactly?

A club that has to sell players for profit (or assets) in order to compete at a level that is beyond its income.

 

[Brighton Sky Blue]

Because Admin was widely expected. From all interested parties.

Then all of a sudden, open admin wasnt an option.

As i said at the time, ACL/Councils one last fuck you to the club

If what they want is for the club to prosper but not SISU then you wouldn't bar Big Mike from trying to get the club as well as the ground.

 

[SHUNT31]

Yep.

As i said when admin was announced at twat oclock 3 days after it SHOULD have been announced, it was pushed through with the preferred bidder exclusivity shit for Ashley as Reeves and co found out that Sisu DID have the cash to take on the stadium with this 51% investor

Council (disguised as ACL) shat themselves knowing sisu could finally get their paws on the ground and there was no way they would allow that

It’s mental how bent these cunts are.

Is there anyway this could blow up again in a legal sense with SISU?

 

[shmmeee]

The NEC wasnt ever really a goer i heard

I thought someone on here said they were outbid by Ashley, though I’ve lost track of who is ITK.

Still seems to me that the problem here is Sisu wanted to wait in the hope there weren’t others buyers and there were.

 

[Deleted member 5849]

If what they want is for the club to prosper but not SISU then you wouldn't bar Big Mike from trying to get the club as well as the ground.

Can you imagine Mike Ashley meekly agreeing to talk to who he's told to, as well?

 

[shmmeee]

A club that has to sell players for profit (or assets) in order to compete at a level that is beyond its income.

Isnt that all clubs? Selling players is part of pretty much everyone’s business model. Are Chelsea a selling club because they have the loan factory making them money?

 

[shmmeee]

Can you imagine Mike Ashley meekly agreeing to talk to who he's told to, as well?

I dont get it. If there were no other buyers what’s the benefit of threatening Ashley? They block him and it’s Sisu anyway. If there were other buyers then what difference does it make?

 

[Brighton Sky Blue]

Can you imagine Mike Ashley meekly agreeing to talk to who he's told to, as well?

Well to me he's holding all the cards. If SISU are the only other party interested, the Council can't afford to start dictating terms to him. Likewise if he's pledging serious investment into the arena and the city, he can simply say 'fine I'll take my money elsewhere' if the Council overstep their mark.

If he wants CCFC, he'll get it. I also imagine he could just tell Reeves whatever he wants to hear to get the deal over the line, then go back on it afterwards. Not like the Council ever held Wasps to any of their promises...

 

[shmmeee]

Or is the accusation he’s been told not to partner with Sisu? But why would he?

 

[Deleted member 5849]

Likewise if he's pledging serious investment into the arena and the city, he can simply say 'fine I'll take my money elsewhere' if the Council overstep their mark.

Exactly. He's not going to just say he won't deal with somebody, he's not that kind of personality is he.

 

[CCFC54321]

 

[wingy]

I thought someone on here said they were outbid by Ashley, though I’ve lost track of who is ITK.

Still seems to me that the problem here is Sisu wanted to wait in the hope there weren’t others buyers and there were.

Not sure it was an ITK but I picked it up from media possibly CWR,think suggested as a bit of counter bidding at which point NEC dropped out.

 

[Brighton Sky Blue]

Or is the accusation he’s been told not to partner with Sisu? But why would he?

Again this idea that the Council can dictate terms to a billionaire who has much less to lose from this than they do just doesn't add up.

 

[Saddlebrains]

@Nick May have been right all along

Murmurings that Richardson will still be involved after Ashleys bid

Maybe we havent seen the end of the insects

 

[Brighton Sky Blue]

@Nick May have been right all along

Murmurings that Richardson will still be involved after Ashleys bid

Maybe we havent seen the end of the insects

 

[Earlsdon_Skyblue1]

@Nick May have been right all along

Murmurings that Richardson will still be involved after Ashleys bid

Maybe we havent seen the end of the insects

Richardson will never leave quietly. It's naive to think it's over this easily.

I've said before many times, it is nothing to do with what is right or wrong, or what actually makes money and what leaks it.

The council and hierarchy at Wasps are extremely corrupt and will continue to try and infect this city with this insane project until someone takes them out. It's so out in the open now though, that they should indeed fear that someone will.

 

[Nick]

View attachment 27194

Just remember people said it was a conspiracy when I said the trust were working with wasps with Hoffman...

 

[SHUNT31]

@Nick May have been right all along

Murmurings that Richardson will still be involved after Ashleys bid

Maybe we havent seen the end of the insects

If this is true, and Reeves has distinctively said do not deal with SISU, we as a club have absolutely no chance!