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  1. oldskyblue58

    Leicester tigers for sale 60m

    dont know but it could be they need a single owner in order to drive the company business on. They don't have big borrowings but they have many shareholders which might make changes in direction difficult or unwieldy
  2. oldskyblue58

    Leicester tigers for sale 60m

    would depend on what you are valuing. Does the £60m for Tigers equate to buying the shares or is it structured in a different way (we dont know). Assume it is the company shares that are for sale Tigers are seeking a £25m uplift from the balance sheet net assets, perhaps their estimation of...
  3. oldskyblue58

    Leicester tigers for sale 60m

    Just by way of comparison In the 2018 statements Welford road is valued (freehold) at £44m. The 2018 accounts for wasps show the Ricoh valued at £60m (on a very long lease) Capacity circa 26k and 32k respectively but Welford road doesn't have the event halls the Ricoh does. From 2018...
  4. oldskyblue58

    Captain next season

    i would think and hope it was Kelly
  5. oldskyblue58

    Ponti

    Tranmere will do him good. They have a good set up, good support staff and a decent manager who gets the best out of the hand he is dealt
  6. oldskyblue58

    Sky Blue seats

    Think you will find that although McGinnity wanted the contract, his company PEL didn't get it in the end. He lost out to a cheaper quote and threw his dummy out of the pram about it Do wasps need to replace all the seats or do they simply need to move seats around so it doesnt say Sky Blues or...
  7. oldskyblue58

    Robins Q&A - anything of interest ?

    Where did I say it was just Sisu at fault? Whilst both sides maintain their attitudes then there will be no return. What investment exactly? What do you mean by investment? Seems to me that it has been based on player trading, and short term cash flow funding not additional investment...
  8. oldskyblue58

    Robins Q&A - anything of interest ?

    Firstly it's good to see a more positive Ccfc and much improved communication from those running the club. That is to be applauded. Above all it is good to see the positivity from and for the team which basically starts from Robins. He is the breath of fresh air. A couple of things though from...
  9. oldskyblue58

    so wasps were involved ?

    Whilst not withdrawing my comments that i feel the redundancies were driven by, or at least the catalyst for change due to, CCFC's departure the following can be gleaned from the ACL accounts. Year.........Staff*..........Wage cost..........Turnover...
  10. oldskyblue58

    so wasps were involved ?

    The title isn't self appointed Nick gave it to me years ago just for this forum as a jokey title because of all the comments i make regarding finance & accounts:)
  11. oldskyblue58

    so wasps were involved ?

    Good job everyone here understands the potential implications for both clubs then ..................
  12. oldskyblue58

    so wasps were involved ?

    Ok just playing with figures Wasps annual turnover £33m CCFC claimed turnover £2m (6% of total) The redundancies in part mitigate the risk. If 23 people go or 40% of workforce costing £1.9m that could be a potential saving of £760k. There would always have had to be job losses without CCFC but...
  13. oldskyblue58

    so wasps were involved ?

    I think that once CCFC were no longer there this was going to be the logical conclusion...... some people would lose their jobs. Looking at it very coldly i am surprised it hasn't happened sooner, turnover was decreasing, there appears to be a certain amount of overlap of functions, the need to...
  14. oldskyblue58

    Seppala Interview on Sky Sports News

    Just focus on the football and support the team any way you can or choose. To demand of supporters they must do this or that to be real supporters of CCFC is fundamentally divisive.
  15. oldskyblue58

    Seppala Interview on Sky Sports News

    As supporters the only loyalty is and should only be to CCFC. The others involved do not deserve our loyalty. The Seppala PR, which is what it is, is primarily for her and her company's/investors benefit. She has put forward her version of what has gone on, nearly all of which has been...
  16. oldskyblue58

    Seppala Interview on Sky Sports News

    no not all. I think it is a fair stance and one i would advise in their situation. I just dont think fans should refer to it as still in place when i seriously doubt it is
  17. oldskyblue58

    Seppala Interview on Sky Sports News

    me too, so little point relying on it because no deal was done. But we will never know for sure
  18. oldskyblue58

    Trust Ranking

    none of them each is only telling their own version to suit their agenda. And that most definitely includes Ms Seppala
  19. oldskyblue58

    Seppala Interview on Sky Sports News

    OK playing devils advocate a little, but we all know words are carefully arranged in amongst this PR. Could it be that this irrevocable undertaking given by SISU was actually subject to a deal for CCFC to be at the stadium being completed. It would be unlike SISU to give up something without...
  20. oldskyblue58

    Seppala Interview on Sky Sports News

    True but it is only a timing difference not cash flow that will not happen (in large part)
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