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  1. oldskyblue58

    St Andrew's it is then

    Disappointing but not at all surprised by the decision to stay at st Andrews. I have never thought a return to be likely unless wasps completely rolled over on a deal - that was never going to happen. The purpose of the uni announcement was to put something on record to satisfy the efl that...
  2. oldskyblue58

    Championship salary cap next season?

    Used to be and that is still the starting point but accounting rules have changed. For instance if you read the otium accounts they now state that contracts are apportioned but then adjusted for any permanent diminution in value. They dont revalue up as thats unknown but any known or expected...
  3. oldskyblue58

    Championship salary cap next season?

    Sorry but balance sheets should already state player values at fair value. So in theory the players are stated at their current worth not their original cost. That's a companies act and accounts regulation. Relegation usually happens before most clubs financial year end so loss of player value...
  4. oldskyblue58

    Championship salary cap next season?

    Just a few thoughts I don't think a salary cap of 18m works. It fails to take in to account means. You could have clubs where that figure exceeds turnover whilst others it is way below. It also doesn't take in to account operating costs overheads and finance costs. Last thing we need is clubs...
  5. oldskyblue58

    New Stadium - The pessimist's view...

    No they didn't get it for 30m. Accounts filed at co house say cost of land and buildings was 106m - mk stadium property ltd with another couple million in mk stadium Ltd for fixtures etc
  6. oldskyblue58

    New Stadium Announcement!!!!!!

    Can only make a these comments Encouraging words from the club. But nothing more. They haven't even formed the partnership yet. The descriptions cover all the good concepts don't they. Sorry for being cynical. that said a stadium would be great. Why now. Can't help thinking careful timing...
  7. oldskyblue58

    Ricoh is confirmed?

    Just my opinion but an undertaking gets you in to talks i very much doubt it becomes in any way binding until a deal is done. So until a deal is done and signed an undertaking not to do something is just words and not binding on either side. Both sides know this. It certainly has no worth if the...
  8. oldskyblue58

    Ricoh is confirmed?

    Just some thoughts Take a look at the rents paid in the championship on average well over £1m. Most teams don't pay rent though. Some pay in group situations but the money doesn't always stay in the group. Of course it depends what access that gets you. £500k is probably too low though. Wasps...
  9. oldskyblue58

    Ricoh Lease...

    ACL could apply all they like but they were never in control of the process that started back in April 2011. Even if they had got their application through SISU entities would have controlled any administration or appointment of administrator Wont ever know about AEG but perhaps they would have...
  10. oldskyblue58

    Ricoh Lease...

    I could give you a long list of the things to blame for where we presently are Bryan Richardson and other directors for all but bankrupting us on several occasions. The over spending, vanity and egos CCC for the sharp practice to do with the stadium build & since, the failure to create a viable...
  11. oldskyblue58

    Wigan gone in to admin

    yes but at this stage its rumour - the administrators are investigating apparently ............ dont hold your breath that they get to the bootom of it
  12. oldskyblue58

    Wigan gone in to admin

    The EFL really do need a suitably experienced and professional department to look in to the disposals of clubs properly. Clearly what happens now is not up to the job. The checks on owners back grounds and financial means needs to be far more stringent. Prospective owners must be compelled to...
  13. oldskyblue58

    Ricoh Lease...

    Cheers :) No they didnt, and i do not have any sympathy for either of them
  14. oldskyblue58

    Ricoh Lease...

    but what you have said and in several posts was "Clearly there must be something to investigate otherwise why have WASPS indemnifed CCC" Which is entirely different to SISU or CCFC being asked to indemnify wasps for any costs/penalties relating from the complaint. An indemnity that is a...
  15. oldskyblue58

    Julien Dacosta - CONFIRMED

    Good to see the club doing business early. Hard to think that Dacosta would be anything other than a squad player at this time given his playing history so far. It is a big step up from the bottom of French League 2 to our Championship, so its a difficult ask for him but you never know. I...
  16. oldskyblue58

    Ricoh Lease...

    I know there isnt a direct complaint against wasps holdings SISU think there is something to complain about CCC, have via associated/subsidiary entities made a complaint that the EU are duty bound to investigate. That doesnt mean there is something actually wrong, or that there isnt a valid...
  17. oldskyblue58

    Possible Site for the elusive new ground ?

    putting pressure, even distressing wasps by the eu complaint risk and taking ccfc to play elsewhere (whether you choose to believe by choice or otherwise). Why throw that away when everyone can see wasps are under great financial pressure. Thats why I am of the belief that we won't be back...
  18. oldskyblue58

    Ricoh Lease...

    You would think the odds are in favour of ccc. They knew there was a high probability of challenge when the deal was done so should have acted to mitigate every risk of that. A referral to EU was always a possibility. So the chance of action against ccc should be significantly less than 50:50...
  19. oldskyblue58

    Ricoh Lease...

    Valuation for bond purposes was 49m. That value included any new tenants including wasps rugby and forecasted improvements in turnover of the site. If the rent wasps rugby pay to acl was 500k pa on a 50 year lease for example then most of the increase in valuation could be accounted for...
  20. oldskyblue58

    Ricoh Lease...

    Cheers :) you stay safe too
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