shepardo01
Well-Known Member
Name on here - Tom Leach
Hope he comes out of this safely on the other side!!..... lol...
Name on here - Tom LeachLike I said he was pretty balanced. If I was on twitter I’d say good on you young man!
What was his name on here?
Rock and hard place for me - 12 more months of behind closed doors stuff and they’re gone.
problem is the likelyhood is so will we
Butts is a no! Has been for over a year. Doesn't meet guidelines.
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That could make it worse for him... poor lad!Interesting #PUSB hashtag used. In itself it isn't a football related story.
This is spot on. I'm not ashamed to say that I would be happy for Wasps to go under, leaving the door open for us to regain the Ricoh. There really must be a temptation to grind them into their dirt. They didn't want to help us when we were struggling.
.....somebody warn poor Tom!
Could be close to his P45 from the Waspograph!
That deal sounds familiar!!!!I've always been sceptical of the idea but Sisu could have been buying the bonds and now they're in default if they have enough they could call in the arena as repayment.
We will let them play there but they are only allowed in the stadium 5 minutes before and 5 minutes after kick off. We don't want them ruining our pitch so we will install a slide in car park and they can play on the concrete. Flags are banned. Move their ticket office and merchandise to the car park, they aren't allowed a roof on this, just a couple of railings ala car boot sale. They're allowed 1 A4 badge in a place of our closing (toilet). 27 ticket checks between interring the site and getting to their seat. 1 steward per attendee, charged at a rate set by CCFC. 7 years of maintenance work invoiced to them.0% food and beverage. If they don't agree to the terms then they can go back to London where they belong.
that maybe, but watch them try to refinance in 2022 if they last that long!Don’t read too much into this .... literally 1000’s of companies will miss their normal banking covenant tests this year. The banks are under huge government pressure to relax them during the C-19 period.
Wouldn’t be surprised at all if they end up being one of the big purchasers of the bonds. Sort of a win win for them. If wasps were successful they’d get all the interest payments and their initial investment back at the end (IIRC that’s how it worked), if it ends up being the major fuck up it looks like it’s going to be then SISU are a creditor to Wasps and that gives them leverage.I've always been sceptical of the idea but Sisu could have been buying the bonds and now they're in default if they have enough they could call in the arena as repayment.
We will let them play there but they are only allowed in the stadium 5 minutes before and 5 minutes after kick off. We don't want them ruining our pitch so we will install a slide in car park and they can play on the concrete. Flags are banned. Move their ticket office and merchandise to the car park, they aren't allowed a roof on this, just a couple of railings ala car boot sale. They're allowed 1 A4 badge in a place of our closing (toilet). 27 ticket checks between interring the site and getting to their seat. 1 steward per attendee, charged at a rate set by CCFC. 7 years of maintenance work invoiced to them.0% food and beverage. If they don't agree to the terms then they can go back to London where they belong.
I wouldn’t be at all surprised if SISU end up owning CCFC, ACL and Wasps.Got zero knowledge of financials but could sisu possibly buy up the debt for large chunk of the stake in ACL (i.e 100%) and rent it back to them. Would this even be beneficial for ccfc (except the obvious of having a ground back)?
Never thought of that, rule nothing out in the murky business world and one thing we know of sisu they are experts in this field.Wouldn’t be surprised at all if they end up being one of the big purchasers of the bonds. Sort of a win win for them. If wasps were successful they’d get all the interest payments and their initial investment back at the end (IIRC that’s how it worked), if it ends up being the major fuck up it looks like it’s going to be then SISU are a creditor to Wasps and that gives them leverage.
Don’t read too much into this .... literally 1000’s of companies will miss their normal banking covenant tests this year. The banks are under huge government pressure to relax them during the C-19 period.
Got zero knowledge of financials but could sisu possibly buy up the debt for large chunk of the stake in ACL (i.e 100%) and rent it back to them. Would this even be beneficial for ccfc (except the obvious of having a ground back)?
The Bond Holders are not the same though - they could be Investment Trusts , Pension Funds or dare I say Councils
You would think the majority would be fans. As anyone who would have done due diligence would not invest.
I did mention "Councils" :angelic:
Might be worth spending a few bob laying a new one. I'd rather put money in CRFC's pockets than Blues or Wasps. If only the council didn't stand in our way. Why would they want to scupper the club after congratulating us on our promotion.Pitch not allowed in EFL....
Don’t read too much into this .... literally 1000’s of companies will miss their normal banking covenant tests this year. The banks are under huge government pressure to relax them during the C-19 period.
.....somebody warn poor Tom!
Could be close to his P45 from the Waspograph!
too late mate, 50 page discussion on the Butts incoming.
When Chris Anderson was here his preferred option was the ButtsMight be worth spending a few bob laying a new one. I'd rather put money in CRFC's pockets than Blues or Wasps. If only the council didn't stand in our way. Why would they want to scupper the club after congratulating us on our promotion.
When Chris Anderson was here his preferred option was the Butts
If we could have done a deal there and if necessary laid a new pitch and put in temporary stand(s) etc
But the council torpedoed it using excuses like crowding/access and so on
Can't remember exact details but Chris Anderson told me himself when I met him at a game
While that's correct its not the bank who are owed the money, would be easier if it was. They were also struggling before this.Don’t read too much into this .... literally 1000’s of companies will miss their normal banking covenant tests this year. The banks are under huge government pressure to relax them during the C-19 period.
Suspect we missed a chance to be rid of SISU when Anderson came in.When Chris Anderson was here his preferred option was the Butts
When Chris Anderson was here his preferred option was the Butts
If we could have done a deal there and if necessary laid a new pitch and put in temporary stand(s) etc
But the council torpedoed it using excuses like crowding/access and so on
Can't remember exact details but Chris Anderson told me himself when I met him at a game
MMRock and hard place for me - 12 more months of behind closed doors stuff and they’re gone.
problem is the likelyhood is so will we
Suspect we missed a chance to be rid of SISU when Anderson came in.
Seemed a very odd appointment at the time, given his background why would he want to work for SISU, but if you recall the first thing he did was say to everyone forget what has happened before and lets try and do a deal. Then as soon as the Ricoh and Butts were off the table he was gone.
Not long after he left he did an interview with a Dutch paper talking about trying to take over a lower division team in England.
This financial year maybe..... but not the future ones.Don’t read too much into this .... literally 1000’s of companies will miss their normal banking covenant tests this year. The banks are under huge government pressure to relax them during the C-19 period.
Don’t read too much into this .... literally 1000’s of companies will miss their normal banking covenant tests this year. The banks are under huge government pressure to relax them during the C-19 period.
We just spent 1.3 million pounds on a player, if we were a year from going bust I don’t think the club would be stupid enough to do thatRock and hard place for me - 12 more months of behind closed doors stuff and they’re gone.
problem is the likelyhood is so will we
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