It reminds me of funny things my mother used to say.
If we ve got to believe what Eakin says we re fucked are you sure he was talking about Coventry City or maybe Colchester or any other team beginning with a C .What would be the plan if Wasps don’t collapse because I don’t see that this is something that is certain to happen? What happens If Wasps collapse but then are saved by some financial white knight charging to their rescue? We are marooned in another city. We need to be back in Coventry as soon as possible. Any other scenario would not be financially sustainable for long. Clive Eakin on the phone in on Friday said that he believed the rent at St Andrews was double that at the Ricoh. Higher rent, less income, not a recipe for long term stability.
What would be the plan if Wasps don’t collapse because I don’t see that this is something that is certain to happen? What happens If Wasps collapse but then are saved by some financial white knight charging to their rescue? We are marooned in another city. We need to be back in Coventry as soon as possible. Any other scenario would not be financially sustainable for long. Clive Eakin on the phone in on Friday said that he believed the rent at St Andrews was double that at the Ricoh. Higher rent, less income, not a recipe for long term stability.
I'd sooner trust what Eakin says than what someone on here may have heard down the pub.If we ve got to believe what Eakin says we re fucked are you sure he was talking about Coventry City or maybe Colchester or any other team beginning with a C .
If I was a bond holder, I would accept what they're being asked.Sponsorship means nothing if their bond holders refuses to negate their payments
Eakin wouldn’t know though but it makes a good story that Sisu chose to play awayWhat would be the plan if Wasps don’t collapse because I don’t see that this is something that is certain to happen? What happens If Wasps collapse but then are saved by some financial white knight charging to their rescue? We are marooned in another city. We need to be back in Coventry as soon as possible. Any other scenario would not be financially sustainable for long. Clive Eakin on the phone in on Friday said that he believed the rent at St Andrews was double that at the Ricoh. Higher rent, less income, not a recipe for long term stability.
If I was a bond holder, I would accept what they're being asked.
I'd be seeing the options as getting little now, or potentially something in the future, and I'd be recognising these were exceptional times.
I'm not saying everybody will think the same, but I'd be surprised, given the circumstances, if bond holders weren't quite... flexible atm.
(And yes, I'd like to be surprised, but I'd see that as hope above reason)
From what i remember reading, we are paying a higher rent but we are getting more for our money. At SA we are getting more money from food and beverage and car parking etc... Plus we are allowed in earlier on a match day. From what i remember reading, at the Ricoh we were allowed in about 2 hours before KO and had to be out 1 hour after the game but at SA we can arrive early for a game and are given fair time after the game to leave. Think MR said something like we get the match day rather than a few hours.What would be the plan if Wasps don’t collapse because I don’t see that this is something that is certain to happen? What happens If Wasps collapse but then are saved by some financial white knight charging to their rescue? We are marooned in another city. We need to be back in Coventry as soon as possible. Any other scenario would not be financially sustainable for long. Clive Eakin on the phone in on Friday said that he believed the rent at St Andrews was double that at the Ricoh. Higher rent, less income, not a recipe for long term stability.
Its selling players that is sustaining us, not gate receipts, and as such, we are in a better position than many other clubs. Our business plan centres on developing young players, and generating income from them.What would be the plan if Wasps don’t collapse because I don’t see that this is something that is certain to happen? What happens If Wasps collapse but then are saved by some financial white knight charging to their rescue? We are marooned in another city. We need to be back in Coventry as soon as possible. Any other scenario would not be financially sustainable for long. Clive Eakin on the phone in on Friday said that he believed the rent at St Andrews was double that at the Ricoh. Higher rent, less income, not a recipe for long term stability.
From what i remember reading, we are paying a higher rent but we are getting more for our money. At SA we are getting more money from food and beverage and car parking etc... Plus we are allowed in earlier on a match day. From what i remember reading, at the Ricoh we were allowed in about 2 hours before KO and had to be out 1 hour after the game but at SA we can arrive early for a game and are given fair time after the game to leave. Think MR said something like we get the match day rather than a few hours.
Clive Eakin on the phone in on Friday said that he believed the rent at St Andrews was double that at the Ricoh. Higher rent, less income, not a recipe for long term stability.
Revenues from f and b are low profit. Also i doubt Seppalla saw COVID coming before signing. The hard reality is we’d have in a normal season massive more revenue in Coventry than Birmingham and the shrewd businesswoman said no
Revenues from f and b are low profit. Also i doubt Seppalla saw COVID coming before signing. The hard reality is we’d have in a normal season massive more revenue in Coventry than Birmingham and the shrewd businesswoman said no
Revenues from f and b are low profit. Also i doubt Seppalla saw COVID coming before signing. The hard reality is we’d have in a normal season massive more revenue in Coventry than Birmingham and the shrewd businesswoman said no
That's food and beverages from an average gate of 5 or 6k. last season. Gates at the Ricoh, particularly with many teams potentially selling out the away end, would be massively up on that. In a normal season we would be hugely down on revenue playing in Birmingham.From what i remember reading, we are paying a higher rent but we are getting more for our money. At SA we are getting more money from food and beverage and car parking etc... Plus we are allowed in earlier on a match day. From what i remember reading, at the Ricoh we were allowed in about 2 hours before KO and had to be out 1 hour after the game but at SA we can arrive early for a game and are given fair time after the game to leave. Think MR said something like we get the match day rather than a few hours.
London Franchise Wasps want us back at the white elephant stadium for one reason only :
a new sponser for the stadium, CCFC being back there will get them one.pusb
How long would you wait for Wasps to go bust? A year? Five years? Ten?Its selling players that is sustaining us, not gate receipts, and as such, we are in a better position than many other clubs. Our business plan centres on developing young players, and generating income from them.
Our best plan for a return to Cov (imho) is to wait for Wasps financial position to deteriorate until they either, 1, go bust or 2, need a business partner to share costs.
That would allow us part ownership of the Ricoh and subsequent part access to match day revenues.
I dont see any white knight on the horizon looking to piss money up the wall on a business that is hemorrhaging money at an alarming rate.
Personally I dont feel we need to be back in Coventry any time soon, unless it is on our terms. A premature return would leave us in exactly the same situation that existed before our departure to Birmingham, and what exactly would that achieve?
I would think Eakin has more reliable sources than Wasps. There would be a lot of BBC connections at the Birmingham end. (Radio WM etc)Eakin believes WASPS a better deal - shock revelation
I would think Eakin has more reliable sources than Wasps. There would be a lot of BBC connections at the Birmingham end. (Radio WM etc)
I would think Eakin has more reliable sources than Wasps. There would be a lot of BBC connections at the Birmingham end. (Radio WM etc)
You know that for a fact?Eakin literally knows fuck all and will just be peddling whatever he is told to by his employers... His "information" about the indemnity clause is proof of that
How do you know he hasn't?Then he should use them!
You know that for a fact?
I would think his circle of professional acquaintances would be far more 'in the know' than most posters on here.
Another thing to take into account is Wasp main man Richardson is a successful multi-millionaire and he isn’t going to just sit back and allow an asset such as the Ricoh become available for a company such as sisu to just move in and nick it, steps will be taken long before to prevent that.
Big business is harsh to say the least I’m not really interested in Wasps, what they do or how they do it I’m just pointing out to some on here who might think Wasps possible demise doesn’t necessarily mean the Ricoh Arena is up for grabs I’m certain things will be in place to prevent that from happening, possibly all ready is.You do realise that a "company such as sisu" is the same sort of company that owns wasps don't you
I’m certain things will be in place to prevent that from happening, possibly all ready is.
How do you know he hasn't?
If wasps are distressed could sisu be interested in acquiring a distressed wasps?
Sent from my SM-G930F using Tapatalk
How do you know he hasn't?
I don’t follow love to see them lose but I have noticed that wasps seem to be smashing it this season. How have they gone from pure dog shit to class over 6 months? Have they spent a lot bringing in players and need to recoup?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?