Wasps going into admin & the impact on CCFC (220 Viewers)

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D

Deleted member 5849

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I suppose by 'Council' I mean those with executive authority or as good as.
tbh I didn't particularly mean you, but your's was an apt one to quote. I know, for example, you buy into the concept of Michael Byng being a ridiculous buffoon who nullifies what little credibility SISU have to start with...
 

shmmeee

Well-Known Member
Richardson was blamed for not allowing it to advance

Blamed by who?

A proposal was put forwards. It didn’t go anywhere. If it had got past the Wasps board it still wouldn’t have gone anywhere because the council were clear there would be no bailouts. This is very obvious from the replies from Labour councillors who would be needed to win a vote. Which there would have to have been because you can’t just spunk public money without winning a vote.
 

robbiethemole

Well-Known Member
Geez, this fugging Council really do like their secret, off- the record meetings, don’t they? It’s almost as if open, democracy is non existent in Coventry
 

Brighton Sky Blue

Well-Known Member
tbh I didn't particularly mean you, but your's was an apt one to quote. I know, for example, you buy into the concept of Michael Byng being a ridiculous buffoon who nullifies what little credibility SISU have to start with...

Correct. And I was in fact present when he phoned up my contact to tell him about plans for 'admin day'!
 

HuckerbyDublinWhelan

Well-Known Member
If SISU had bid 17m on the day of admin we’d be having a different conversation, but at this point they hadn’t.

the council have been shady as fuck, but it’s irrelevant if SISU didn’t have a horse at the race
 

tisza

Well-Known Member
Blamed by who?

A proposal was put forwards. It didn’t go anywhere. If it had got past the Wasps board it still wouldn’t have gone anywhere because the council were clear there would be no bailouts. This is very obvious from the replies from Labour councillors who would be needed to win a vote. Which there would have to have been because you can’t just spunk public money without winning a vote.
Are you sure the council would have called a match-funding arrangement a "bailout" ? They could easily called it an "investment opportunity" or a "regeneration project"
 

shmmeee

Well-Known Member
Are you sure the council would have called a match-funding arrangement a "bailout" ? They could easily called it an "investment opportunity" or a "regeneration project"

Call it what you like, there’s no way full council would pass a vote giving money to Wasps. Not just because so many of the newer councillors are against it, but also because the fricken leader has repeatedly said so. It just wasn’t politically possible even if Reeves and Duggins and everyone else on the shit list really really wanted it.

Ridley and Gilbert have been hammering the “CCC wastes cash on unviable businesses” drum for ages. Even Duggins isn’t stupid enough to had them another example. You can get a bunch of Labour councillors on board with TWW with talk of the green economy. You can’t do that for a rugger club.
 

Nick

Administrator
With respect you change the question every five minutes

You told me I lacked an education as I didn’t understand the council could not be involved in the sale at all

how’s that one holding up?

Because it was a conspiracy.
 

chiefdave

Well-Known Member
The answer you’re searching for it “No shmmeee, of course they can’t because I have the first clue how council expenditure works”

Is that the meeting the public and media were excluded from? the one that no minutes were taken and oddly not a single person present made any notes? Not sure that's the best example as to this day nobody seems to have a clue what happened at that meeting past the result of the vote.
Leader of the Council, Cllr Ann Lucas said: “The decision about the Ricoh Arena’s future has been made with the interest of Coventry taxpayers and communities at its heart.

“This deal would not have happened if it threatened the future of the Sky Blues or Coventry Rugby Club.

“This is the most important decision this Council has ever made about the future of one of its best community assets, and we would not have made it unless we were confident it was the right thing to do.

“It’s really important for the city and its future. This sees significant investment by a successful sports franchise that believes Coventry is the place to develop a world class sporting facility and is here for the long term."
 

Sky Blue Pete

Well-Known Member
Call it what you like, there’s no way full council would pass a vote giving money to Wasps. Not just because so many of the newer councillors are against it, but also because the fricken leader has repeatedly said so. It just wasn’t politically possible even if Reeves and Duggins and everyone else on the shit list really really wanted it.

Ridley and Gilbert have been hammering the “CCC wastes cash on unviable businesses” drum for ages. Even Duggins isn’t stupid enough to had them another example. You can get a bunch of Labour councillors on board with TWW with talk of the green economy. You can’t do that for a rugger club.
How do you honestly know there would have been no support to a new company to take on acl lease? That reeves still wants wasps around the city is beyond bizarre
 

shepardo01

Well-Known Member
If SISU had bid 17m on the day of admin we’d be having a different conversation, but at this point they hadn’t.

the council have been shady as fuck, but it’s irrelevant if SISU didn’t have a horse at the race
Even if they did that on "Admin day" we wouldn't be having a different conversation because CCC have been desperate to try to get deals through with other parties. On "admin day" they were knee deep already with NEC group and talking of them as preferred bidder and having a period of exclusivity....
Then Ashley's interest appeared...
 
D

Deleted member 5849

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How do you honestly know there would have been no support to a new company to take on acl lease? That reeves still wants wasps around the city is beyond bizarre
It's a pet project though, innit. And when they came, he could gather support as there was a material threat to the local authority functioning as it should, due to constant litigation against it, and he offered a solution. There's less need for that solution now.
 

Sky Blue Pete

Well-Known Member
I think the issue is, the Council (Reeves) entertained the idea of a bail out of Wasps, no matter how it’s worded, and got found out. They have then lied through their back teeth about it ever being an idea and that’s whets really fugging people off. The lies keep coming.
Yep and why would duggins not just say reeves has spoke to many parties about the situation and is actively looking for solutions to ensure the future of the arena. Rather than conversations didn’t take place . Maybe just badly advised
 

chiefdave

Well-Known Member
2:15 of the Reeves interview: “the polticial leadership were very very clear there was to be no bailouts”
did they make that clear before or after the possibility of a bailout was leaked to the local media and there was a public outcry?

is the story now that Reeves was working up a deal that involved tens of millions in match funding, a deal that was at an advanced enough stage there was a vote by Wasps board, having had it made clear to him no money would be available?
 

Sky Blue Pete

Well-Known Member
But not interested enough to try and buy it?
Old fiver is attempting to answer that for you without spelling it out.

What are people bidding for? How much is something worth if you don’t know what you are allowed to purchase?

If the directors of the company going into admin are richardson and a n other who would ccfc sisu talk to to answr some of those questions ??
 
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