You'll need to prove it.
Rental of 100K and access to some revenues and no stadium to finance and maintain might have a bearing.
The disadvantages are more the missing sugar daddy that the successful clubs seem to have.
How about the clubs who pay no rent and keep all the revenues?
Well they will pay the bond interest by incurring more debt....they've never had a year from what I can see that the debt hasn't grown from the prior year.
Nice to see you are trying to defend wasps and your best friend Italia though.
As many on here know you are not the sharpest tool in the box but you are a trier.
Not only can they cream off our success, they also have bellends like you throwing money at them. NOPM to Wasps!!Why would Wasps not be happy for us ? The more fans we have the more money they make !!
Wasps can cream off CCFC success if they want to. Charge us silly rent and what could we do ?
To be honest if Wasps start to fail then we will make up the difference.
We need to either build a new stadium or work with Wasps.
To be realistic about it we only have the second option.
No defending. Just stating the obvious that if they're paying the interest it's not adding to the debt. If the debt is being paid nothing is being added. Pretty obvious really. If/when they start missing payments you'll have a point.
No defending. Just stating the obvious that if they're paying the interest it's not adding to the debt. If the debt is being paid nothing is being added. Pretty obvious really. If/when they start missing payments you'll have a point.
Depends how they are paying the interest doesn't it? If they are borrowing more money to pay the bond interest there overall debt is increasing, the debt with regards to the bonds is staying the same but debt to other parties would increase.No defending. Just stating the obvious that if they're paying the interest it's not adding to the debt. If the debt is being paid nothing is being added. Pretty obvious really. If/when they start missing payments you'll have a point.
Not only can they cream off our success, they also have bellends like you throwing money at them. NOPM to Wasps!!
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Italia seems to think the debt will be paid off in 6 years when the bonds end and Ccfc will be able to buy in to ACL.
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Do I ?
I really can't be bothered to engage in a pointless debate with you. You're a massive hypocrite. You know it and everyone else knows it. As for the tourettes comment. c**t!If you support CCFC then you pay money to Wasps indirectly surely ?
I take it with your high morals you have stopped going to the Ricoh?
Although you could probable get it cheaper with your tourettes problem.
Italia seems to think the debt will be paid off in 6 years when the bonds end and Ccfc will be able to buy in to ACL.
I do agree with your point about our debt deterring potential owners, but would also add that wasps (bond owners) owning ACL will equally deter potential owners. My point to Italia was more along the lines of wasps have to pay the interest, they have to pay the debt, and as much as our debt is holding us back, we're never going to be paying back £50m+ to sisu and their investors.
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Depends how they are paying the interest doesn't it? If they are borrowing more money to pay the bond interest there overall debt is increasing, the debt with regards to the bonds is staying the same but debt to other parties would increase.
Example, to pay the interest on time Derek Richardson puts in £1,000,000 every year in the form of loan. There are no missed payments but overall outcome debt to owner increases and thus overall debt increases.
If I was a genuine supporter of them I'd be extremely concerned about their future.
Still, as long as Italia gets his car park money and can watch 'top class rugby' then who cares?
If I was a genuine supporter of them I'd be extremely concerned about their future.
Still, as long as Italia gets his car park money and can watch 'top class rugby' then who cares?
I'll follow a plan but there isn't one.
What is the CCFC plan you are following ?
Are we building a new stadium or not ? Are we staying at the Ricoh or not ? Can we afford the Ricoh or not ? Do we need tread water while Wasps have all the costs or not ?
No fukc it, lets get rid of Wasps because they moved into a stadium apparently we didn't want.
Let's let Sisu off the hook because we are in the top 6 for the first time in 40 years and lets attack fellow fans who won't blindly follow an unwritten plan instead ?
Good luck with that one.
I think you are being "attacked" for your hypocrisy and the general rubbish you post rather than the fact you aren't blindly saying we need a new stadium. Not to mention the fact you have a partnership with wasps which most don't have, which maybe explains why out of the fans who post on here you back then the most and want them to be as popular as possible.
I would guess if they played in canley or somewhere you would have a completely different view.
I could say the same about your posts. It's all about opinions.
I can understand people when loosing the argument picking up on tenuous links to hypocrisy and businesses but in reality Sisu have no plans and fans and businesses want to plan their futures. We have had years of them using us as cannon fodder and yet we let them mess around with no challenges.
I could say the same about your posts. It's all about opinions.
I can understand people when loosing the argument picking up on tenuous links to hypocrisy and businesses but in reality Sisu have no plans and fans and businesses want to plan their futures. We have had years of them using us as cannon fodder and yet we let them mess around with no challenges.
Utter bullshit.
You are a selfish hypocrite.
Clueless, uninformed nonsense.
Answer the question .... what's the plan you are working too ?
Let me guess ....
We can't have it so no one can ????
Clueless, uninformed nonsense.
Answer the question .... what's the plan you are working too ?
Let me guess ....
We can't have it so no one can ????
Whereas the plan you are working to is:
Imagine for a second the Ricoh was in Canley, Wyken or Finham and then post your views, would they be the same or different? Mine would be the same.
We can't have it, a franchised London rugby club certainly can't or shouldn't have!
It's not. So get on with it !!
If ACL had been sold to an events company, people would be annoyed but deal with it. The hypocrisy of the council bringing in a franchise when they complained so much at our move to Northampton is what grates on people. Clearly not you as hypocrisy is what your good at. Oh and car parks, never forget the car park.
I can't go along with it being the same situations or even being a franchise, other than 'London and surrounding counties' was their home.
- The stadium was empty and Wasps needed one.
- Sisu moved my club to somewhere I couldn't get too.
I wanted CCFC to own it but but 'we' messed up and we don't.
The stadium is now something to be proud of and my football team play there.
Will have to agree to disagree.
Close the thread I'm bored.
Will have to agree to disagree.
Close the thread I'm bored.
...really? ....and you've only been at it for 1537 posts?
Surely you lot can repeat yourselves for another couple months? No?
We need a stadium, so if there is an empty one in Yorkshire we will be ok to move there?
It isn't the same situation, it is worse.
It is boring keep seeing you make shit up then move the goalposts and then make a statement which then when simply changing Wasps for CCFC or CCFC for Wasps you suddenly change your mind.
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