Moff
Well-Known Member
A lot of fans of rival clubs wouldn’t be too gutted to see them fail, lot of ill feeling about their move and the way they’ve operated.
Their now moving towards the Saracens level of trying to cheat the system
I do. Yeah it's shit for the actual proper fans but it is what it is.
This lad is great value:
Re: Message from Stephen Vaughan addressing some supporters concerns
Shugs 17 June, 2022 10:06
So, ignoring the 7.5m as we don’t know what that is how does that add up to £15m. I get that a very small minority of CCFC fans want Wasps to fail. But made up figures, blasé assumptions and rumour won’t do it.
Agree, but, I doubt that other clubs fully know all that has gone on, and don't know what the 13m is for... and if for "Arena costs" (which we know it won't be used for!) won't/may not seem an issue to them.I’ve long said this would eventually be the outcome, from things I’ve heard and from a knowledge of the game.
It was always going to go one way, and I’m glad it is.
One thing that I’m interested to see regarding this is the views of other top flight rugby clubs. Surely they won’t want to see a rival propped up with millions of state aid whilst they live within their means. I would hope a formal objection/complaint would be raised and that action would be taken against Wasps by the other clubs.
Agree, but, I doubt that other clubs fully know all that has gone on, and don't know what the 13m is for... and if for "Arena costs" (which we know it won't be used for!) won't/may not seem an issue to them.
If, for example, Leicester asked for a public grant to build a new roof on a stand- I doubt (possibly) anyone from other clubs would care....
It's the fact we have an idea how it is likely to be used, and know about all the other 10s of millions they have been gifted for free. Bet other clubs don't fully know this???????? Could be wrong???
What do you think?.. your Rugby knowledge looks far better than mine!
Fail isn't enough, I want them erased from existence.I do. Yeah it's shit for the actual proper fans but it is what it is.
I dunno, setting up shop back in their homeland would suit me, at a lower level - bit like Richmond did. Franchise clubs mustn't be allowed to succeed though, for the good of everybody.Fail isn't enough, I want them erased from existence.
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Would they kick up a stink about it though G? Seemingly not? So they keep ploughing on!I know a director of rugby from a club in CRFC league - well knew him - pre Covid he said they are a bunch of crooks and no one knows where their money comes from
Going to be interesting to see how the CT investigate (or spin) this story.Big story I think unless wasps come out and explain it or Martin explains his part or the council explain their part.
Otherwise it’s just question after question
Going to be interesting to see how the CT investigate (or spin) this story.
Agree, but, I doubt that other clubs fully know all that has gone on, and don't know what the 13m is for... and if for "Arena costs" (which we know it won't be used for!) won't/may not seem an issue to them.
If, for example, Leicester asked for a public grant to build a new roof on a stand- I doubt (possibly) anyone from other clubs would care....
It's the fact we have an idea how it is likely to be used, and know about all the other 10s of millions they have been gifted for free. Bet other clubs don't fully know this???????? Could be wrong???
What do you think?.. your Rugby knowledge looks far better than mine!
They’ll probably throw in CCFC leaving, Covid and Previous court battles have weakened an otherwise strong business plan.Going to be interesting to see how the CT investigate (or spin) this story.
Andy Turner is pushing about CCFC owning half the stadium....
All of it and we're good
Just depends what happens to all the debt...
In my personal opinion , wasps will get the money somehow. And all our wet dreams will die for a couple more years
The debt has always been the thing that has made the ownership model on the arena unsustainable. Was for us CCC Wasps and whoever comes nextJust depends what happens to all the debt...
In my personal opinion , wasps will get the money from the council. And all our wet dreams will die for a couple more years
I laugh but it's trueFixed.
I hope your wrong in this case, I don't see how they can be bailed out this time thoughIn my personal opinion , wasps will get the money somehow. And all our wet dreams will die for a couple more years
I honestly can't see how going to the combined authority will get them the money. It's not just Coventry it affects after all, and Andy Street isn't in by much of a majority. Plus it opens it up to Birmingham wanting a load of cash, and who knows who else is out there who'd be keen for some stadium renovations.I laugh but it's true
Wondering if the sources of new finance for Wasps bond have figured it's going to cost around 13 million to repair/renovate the Arena to bring it up to a realistic value that actually is enough to serve as a guarantee for the value of the bond.
Have to say it seems to be all or nothing really, doesn't it. And less debt to service to pay it down.Given it’s a money pit - do we actually want half of it?
Given it’s a money pit - do we actually want half of it?
Debt free yes. Taking on £17.5m debt or paying that for it fuck no.Given it’s a money pit - do we actually want half of it?
In that respect, it's interesting that the reporting has decided to include that the bond was to pay Richardson his £10million loan back. Almost like waving in front of them all that effectively, any grant would be doing this for him too.Yeah I speculated the same yesterday
This is full blown insanity
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Professional sports clubs don not exist in the real fiscal world - yes the do, of course they do
You are not Man Utd, they have a load of debt, they also generate more money than any other team outside of the US (I think), they are not losing money
Strange that you seem to be the only club applying for those funds, it's almost as if it should be a concern. It isn't your owners being full on geniuses applying for a grant that nobody else had thought of.
Honestly get the nurse.
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