Just let it happen (Help if you can) (1 Viewer)

[Deleted member 5849]

and we need to bite the bullet and let Wasps be the owners.

No we don't.

 

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[shelby76]

That's what I'm saying.
We are being squeezed into a corner by Sisu actions and Wasps are giving the appearance they can help us but in reality letting Sisu fall on their sword.
In a couple of years the club will be totally dependant on Wasps facilities and it's just a matter of waiting for Sisu to give in.
The club might be at the Butts in temporary stands (CRFC permitting !!) but like at Northampton it won't last.
A period of attrition will see the club at an all time low and Wasps can just pick up the pieces.
We need Sisu out in the next 2 years, we need them to let the club go without 'so called' debt and we need to bite the bullet and let Wasps be the owners. All while we are still at the Ricoh.
It's a hard ask, Wasps won't invest straight away but at least it's a stepping stone when they do take a punt.

You are going YAMPY.

 

[italiahorse]

Italia, how can you give your opinion when you are in business with Wasps, of course your biased admit it.
I did say park football without SISU, so again your reading what you want.
Anyway how's the parking income for Wasps ten games a season going ?
Your biased admit it

No I want to get the club out this downward spiral.
Sisu are not the answer. Wasps own the stadium so it's just a matter of Sisu releasing for what it's worth.
The unknown is whether Wasps will play hard ball on price but the down side of that is that CCFC will be further depleted.
Whether CCFC are at the stadium or not makes no difference to my income at this level.

 

[The Reverend Skyblue]

No I want to get the club out this downward spiral.
Sisu are not the answer. Wasps own the stadium so it's just a matter of Sisu releasing for what it's worth.
The unknown is whether Wasps will play hard ball on price but the down side of that is that CCFC will be further depleted.
Whether CCFC are at the stadium or not makes no difference to my income at this level.

Bollocks

 

[Astute]

Which is why, atm, I'd be putting aside the politis of right and wrong, and pushing for plans to be advanced ref: the Butts, pushing for academy salvation... and so on.

Let's face it, SISU ain't likely to deliver, but it'd be a damned site easier for anybody coming in to pick up the pieces if plans are at least slightly advanced. Currently we have bog all except for a very weak hand indeed.

And again I agree.

But how much faith does anyone have of SISU paying out money for a new ground or even going through with plans to rebuild Butts to the standard we would need? So far we have had nothing but bluster. And I don't see it changing any time soon.

 

[italiahorse]

You are going YAMPY.

Maybe, but what do you think needs to happen to stop the decline ?

 

[Deleted member 5849]

But how much faith does anyone have of SISU paying out money for a new ground or even going through with plans to rebuild Butts to the standard we would need?

Not much.

But that's not even an issue until we get past the endless talk. There are bridges to cross before that!

As it happens, it seems the Butts is CRFC driven, so it'll be a good test for their owners, eh.

(As an aside, I often wonder what their moneymen think, having rescued the club and invested with promises given of council support... only to find a rival dropped on their doorstep, rendering much of what they'd done to save the club, and try to progress it, something of an irrelevance)

 

[lifeskyblue]

Don't want either hedge fund as owners but we have one and might get the other. I will still support as long as we are Coventry city playing in Coventry.
Anything else and that's it...with all football, no more World Cup etc for me. But What is to stop any owner (not just hedge funds) moving a team from their home? Could abramovich move Chelsea out of London? Could the glazers move manure to America? If it happened here to my club I would be off.


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[italiahorse]

Bollocks

Yes, grow some

 

[stupot07]

It's a hard ask, Wasps won't invest straight away but at least it's a stepping stone when they do take a punt.

Funniest thing I've read all day.


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[Astute]

Not much.

But that's not even an issue until we get past the endless talk. There are bridges to cross before that!

As it happens, it seems the Butts is CRFC driven, so it'll be a good test for their owners, eh.

(As an aside, I often wonder what their moneymen think, having rescued the club and invested with promises given of council support... only to find a rival dropped on their doorstep, rendering much of what they'd done to save the club, and try to progress it, something of an irrelevance)

So CCC doesn't care about CCFC or CRFC. CRFC doesn't need a bigger ground. And hardly anyone thinks that SISU will pay for it. And that is if CCC, who it is said don't care about either Coventry side, would agree to help with the planning and sorting out all of the objections.

So the vast majority of us don't want to be taken over by Wasps. And we don't even know if they are interested in us. But does anyone have any realistic idea on what could happen if SISU give up on our club and we end up homeless?

What if both hedge funds have been working together? One manages to get the ground on the cheap if they pay the legal fees for the other to sue CCC? Nothing would surprise me anymore.

 

[letsallsingtogether]

It's the concept of franchising I disagree fundamentally with.

Therefore, owned by the same entity that is willing to permanently move a club, would be the end for me. It's the same reason I would never go to MK.

But why would it be franchising? I don't get it that can only be if they move us away or make a few more coventry citys in other areas.
you never know we could end up as big as McDonald's

 

[stupot07]

That's fine and, tbh, a perfectly reasonable position, if not mine.

It seems mildly crazy to campaign to replace SISU with Wasps however. Personally I'd rather campaign for owners to rock up who are somewhat better than both of them!

Yep, you could argue that going in with wasps and the Ricoh wrecks any (extremely) slim chance of getting a decent owner or oil billionnaire, or Arabian Prince in the future.

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[SBT]

Not sure which is more hilarious, the idea that Wasps are this genius sporting powerhouse with a grand plan for domination in which we're just a pawn, or this idea that the 'City of Rugby' is anything more than a glorified press release. The way some people are talking about it on here you'd think it was the Chinese Cultural Revolution. Looks to me like a bunch of rugby clubs (including Cov) trying to get a bit of extra publicity.

 

[Astute]

Yep, you could argue that going in with wasps and the Ricoh wrecks any (extremely) slim chance of getting a decent owner or oil billionnaire, or Arabian Prince in the future.

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So you say that we need to own our own stadium if we are going to find a decent new owner. But if we own our own stadium with Wasps it would wreck any chance of finding a buyer?

Maybe it would give Wasps a chance of getting their own stadium built down south. But whatever it would be better to have somewhere to play than nowhere if looking for a buyer. And wouldn't CCFC be a better bet in a higher division than a rugger club that is miles away from home?

 

[Kingokings204]

Now, this is the attitude from some I really struggle with. What Wasps have done is, in my humble opinion, a zillion times more extreme than SISU. Our owners moved us temporarily for a season, that was wrong. Wasps have moved their team permanently 85 miles, despite having options to stay where they were in Wycombe or move back to London; their natural home. Yet, this is apparently "good business". I really don't get it.

I just meant in terms of their model. I didn't mean on a cultural or heritage basis. They were renting and got a cheap state of the art stadium. They are doing well and getting good crowds. They are booking concerts and off field stuff whilst hosting us as tennants.

What do you want me to say? It's been a disaster for them.

I hate the fuckers and they should of stayed in London after all they were called London wasps but I'm sorry they have outplayed our owners at every turn. Their model and plan is working well no matter what we think.

 

[Deleted member 5849]

It's been a disaster for them

Thing is, we don't know if it will or won't be yet.

The more support and acceptance they get, of course, the more likely it'll be a success...

 

[stupot07]

So you say that we need to own our own stadium if we are going to find a decent new owner. But if we own our own stadium with Wasps it would wreck any chance of finding a buyer?

Maybe it would give Wasps a chance of getting their own stadium built down south. But whatever it would be better to have somewhere to play than nowhere if looking for a buyer. And wouldn't CCFC be a better bet in a higher division than a rugger club that is miles away from home?

I think you're missing my point.

Wasps rugby, ACL, CCFC all under one owner, all interdependent, all part of the same group of companies. Plus you have to include IEC and compass into thr mix.

You don't think that it going to out perspective owners off? What do they buy? They only want the football and the stadium, but the 3 companies are all interrelated. You think the owners of wasos will want to sell the football club and the stadium without wasps and wasps effectively become thr new ccfc? Plus thr bonds and everything mean the bondholders effectively own acl anyway and they would need to agree too. Its not clean.

When we talk about stadium ownership its not just the freehold, plenty of clubs have longlease and gain all revenues. I would say we would be more appealing in a 15-18k partnership with CRFC than we would in wasos ownership embroiled within a number of companies and businesses.


And who's to say if wasps buy us they would want us in a higher division? The rugby club is the priority, ffp in league one limits spending, being in the championship would mean them having to put £5-6m pa in just to tread water. They haven't got the money.

Even italia confesses he doesn't think they would invest in us just keep us ticking over so they can benefit from us financially.

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[Astute]

Thing is, we don't know if it will or won't be yet.

The more support and acceptance they get, of course, the more likely it'll be a success...

Hardly anyone is saying accept them.

But even though the chances of being taken over by Wasps is low is there a more realistic way of us getting out of the shit that we are in?

 

[The Reverend Skyblue]

What SISU need to do if they sell is sell it to a group with the financial might to build a new stadium , then continue with their petty fight with the council.
That would really fuck the council up, because that's is the last thing they want.
Get a big investment company that has the balls to take us away from the Ricoh, and get the new stadium built.
They have started the fight with the council, continue with it but sell the club for a pound to some mega rich conglomerate .
It's obvious they are only interested in the fight with the council, so offload the sideshow that is CCFC

 

[ccfcway]

What SISU need to do if they sell is sell it to a group with the financial might to build a new stadium , then continue with their petty fight with the council.
That would really fuck the council up, because that's is the last thing they want.
Get a big investment company that has the balls to take us away from the Ricoh, and get the new stadium built.
They have started the fight with the council, continue with it but sell the club for a pound to some mega rich conglomerate .
It's obvious they are only interested in the fight with the council, so offload the sideshow that is CCFC

as soon as they do that, the losses within ccfc have to sit somewhere. as long as they own ccfc, they have the "asset". They wont be selling us for £1 and if they did, this big investment company would have to build this stadium outside the city, which is far from ideal.

 

[Kingokings204]

Thing is, we don't know if it will or won't be yet.

The more support and acceptance they get, of course, the more likely it'll be a success...

Very true NW and fingers crossed they massively fail. I'm sure you agree.

But I just despair sometimes at our club. We are in such a bad position right now and 3 years ago it looked bad and I said back then when we were moving to Nothampton and docked 10 points again that in 3 years time it will be at least better. It's worth the pain now and 3 years on we almost look worse now. Well we are. Wasps are here.

The only positive is we play in Coventry as I couldn't go to Nothampton before for my opinion. And whilst we still are kicking I will go and watch us.

Owners for me don't really matter these days they are all as bad as eachother. Every team now especially higher up is owned by foreign owners now. They have no idea. Look at Cellino at Leeds look at sisu with us and what happened at Pompey. We all won't be he last either. It's a matter of time till PL games go to America and China.

We are in a dire position and we need a bit of luck and hope to get us out of the this one. The misery never seems to end.

 

[Astute]

I think you're missing my point.

Wasps rugby, ACL, CCFC all under one owner, all interdependent, all part of the same group of companies. Plus you have to include IEC and compass into thr mix.

You don't think that it going to out perspective owners off? What do they buy? They only want the football and the stadium, but the 3 companies are all interrelated. You think the owners of wasos will want to sell the football club and the stadium without wasps and wasps effectively become thr new ccfc? Plus thr bonds and everything mean the bondholders effectively own acl anyway and they would need to agree too. Its not clean.

When we talk about stadium ownership its not just the freehold, plenty of clubs have longlease and gain all revenues. I would say we would be more appealing in a 15-18k partnership with CRFC than we would in wasos ownership embroiled within a number of companies and businesses.


And who's to say if wasps buy us they would want us in a higher division? The rugby club is the priority, ffp in league one limits spending, being in the championship would mean them having to put £5-6m pa in just to tread water. They haven't got the money.

Even italia confesses he doesn't think they would invest in us just keep us ticking over so they can benefit from us financially.

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I'm not missing your point. I think that you are missing mine.

What is worth the most? A football club playing in its own city with it's own ground and moving Wasps nearer to where it should be or the gamble of Wasps taking off in Coventry if they both couldn't Co exist?

If they can move a rugger club nearly 100 miles why wouldn't they do it again if it was worth money to them? But again I don't think that it will happen. It is the most realistic way out of this mess I can think of though.

 

[shelby76]

I'm not missing your point. I think that you are missing mine.

What is worth the most? A football club playing in its own city with it's own ground and moving Wasps nearer to where it should be or the gamble of Wasps taking off in Coventry if they both couldn't Co exist?

If they can move a rugger club nearly 100 miles why wouldn't they do it again if it was worth money to them? But again I don't think that it will happen. It is the most realistic way out of this mess I can think of though.

I think the way out of this mess Is every cover football fan throws there lot in with Coventry rugby club, if you can watch a wasp game have beers and crisps go do it down butts, I don't think ccc will let us go there no matter what, but we can fuck them and Wasps up by making our rugby club bigger. The day armstrong came after our academy is a piss take talking about looking at 17 sites and higgs ticked all the boxes fuck off mate total piss take, I feel sorry for the young lads and the staff Im not talking about sisu I'm talking about everyone who plays works for the club who could not enjoy the sunshine because they are worried about the future these wankers are playing God fuck them.

 

[Grendel]

Well it's a first. A poster who has allowed someone else to write his OP for him to create some PR

A new low.

 

[Captain Dart]

Not sure which is more hilarious, the idea that Wasps are this genius sporting powerhouse with a grand plan for domination in which we're just a pawn, or this idea that the 'City of Rugby' is anything more than a glorified press release. The way some people are talking about it on here you'd think it was the Chinese Cultural Revolution. Looks to me like a bunch of rugby clubs (including Cov) trying to get a bit of extra publicity.

I think there is funding behind it, but if there is Council money involved we should challenge it, why should one sport be favoured?
I suggest someone writes a FOI request to CCC to ask about sports funding budgets.

 

[fernandopartridge]

More utter drivel

 

[fernandopartridge]

I think there is funding behind it, but if there is Council money involved we should challenge it, why should one sport be favoured?
I suggest someone writes a FOI request to CCC to ask about sports funding budgets.

Not a bad idea

 

[ccfcway]

Must admit I wouldn't, unless of course it was no longer Coventry city etc.

While it was the same club I'd still go, I go now with sisu there and did before. If the colours changed, name changed etc I'd be out.

of course you wouldn't, why would anyone.

 

[Buster]

Couldn't agree more with the op. Love it to happen ! I'm a bit behind the curve sometimes but who do people think wrote the blokes post for him ? PR for who ? Wasps? Surely not .
Makes business sense .

 

[italiahorse]

Well it's a first. A poster who has allowed someone else to write his OP for him to create some PR

A new low.

Clueless as ever and again a distraction.
However I will take it as a compliment.

 

[skybluetony176]

Yep, you could argue that going in with wasps and the Ricoh wrecks any (extremely) slim chance of getting a decent owner or oil billionnaire, or Arabian Prince in the future.

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I don't know. Lots of Billionaires own premier league football teams or championship teams with premier league aspirations but I can't think of one who owns a premier league football team and premiership Rugby team both operating from the same first class stadium with a 200+ year lease. If Wasps did own us and were willing to invest to get us in the premier league as a package it could be very attractive to some billionaire looking for a vanity project.

 

[Skyblueweeman]

They are doing well and getting good crowds. They are booking concerts and off field stuff whilst hosting us as tennants.

What do you want me to say? It's been a disaster for them.

I hate the fuckers and they should of stayed in London after all they were called London wasps but I'm sorry they have outplayed our owners at every turn. Their model and plan is working well no matter what we think.

But the give away the majority of their tickets and concerts and events were happening at the Arena before they came in.

It's not as if they've come in and suddenly developed and implemented a new business plan for the Ricoh.

What's more...they've technically borrowed £35m, repayable in 6 years time. So it's not as if they're brilliant business gurus and have made millions from it.

Granted, SISU are wank but to paint wasps out to be much different...


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[stupot07]

I'm not missing your point. I think that you are missing mine.

What is worth the most? A football club playing in its own city with it's own ground and moving Wasps nearer to where it should be or the gamble of Wasps taking off in Coventry if they both couldn't Co exist?

If they can move a rugger club nearly 100 miles why wouldn't they do it again if it was worth money to them? But again I don't think that it will happen. It is the most realistic way out of this mess I can think of though.

Wasps won't move back to London now, so its all a mute point. They have gambled on taking off in Coventry, and it seems to be paying off.

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[Deleted member 5849]

Wasps won't move back to London now

Who knows...