Evo1883
Well-Known Member
With no morals , backbone , standards or loyalty
You can think it as much as you want and I'd never do it but a certain section of our crowd are fickle.
I didn't, you tied yourself up in knots which I admit I found pretty funny.
Read this thread. People are just writing garbage without actually reading what I am saying.
My beef is that someone who frequently comments on financial stuff, which leans quite apologetically towards wasps in many circumstances, abandoned CCFC for a significant amount of time. Not that this on its own is particularly shocking, but he was going to watch wasps instead. He also went to a wasps game when there was a ccfc protest at the same time and tried to make himself look like a superfan by attending it.
No one on here is denying that he went to the wasps game, they just keep repeating that he was at the protest, which I have been agreeing with the whole time.
Yep, I'll carry on watching the City and that will do me.You are smart enough. It was pretty clear from my follow up posts that I was insinuating he went to both and claimed he was only there for the right reasons.
Your follow up posts prove my theory though really. You don't have an issue with cov fans watching wasps, fine. That's on you and your own morals. Just don't use it as a tag on for the strange issues you've had with me.
This is a bit of a bizarre angle to take on someone who hasn't stopped writing on here about CCFC even in that L2 season. Surely if he were going to 'abandon' the club it would have been the season before truth be told
There has been a feeling that OSB has in his previous posts over the last few years had a slight lean towards London wasps. I’ve bowed to his financial expertise but people I know have shook at the state of wasps accounts.
I’m not saying OSB is a wasps die hard but I do feel deep down he doesn’t align to the 99% of Coventry tax payers who don’t want London wasps in the city.
It isn't bizarre. He stopped going to ccfc games and switched it with wasps instead.
I don't agree with it, but I would have a higher level of respect for someone if they at least admitted it.
How do you know for a fact he stopped going to City games?
Brighton, please read my above posts.
One of my relatives knows him personally.
bit weird people calling out OSB, and even f he did watch wasps, (which I'm fairly sure he didn't that day), he did turn up, and it would have been good if a few more did.
Just to get up to two football teams in numbers would have been a start!he did turn up, and it would have been good if a few more did.
Is this the same protest I was at?I wish a few more had attended that protest...
Hmm, yes, I spotted my error this morning and scroll down to see your post. Deleted it of course. The NHS is doing a tour of my body. I'm a fittish bloke as I do 5 hours exercise a week but the last 3 months have been a bit of a head scratch.Interesting set of tabs open there.
I hope the NHS one is not too serious.
Soooooo
who does everybody fancy?
..My mrs threatened it if I don't change the front door handles from gold to chrome! Search 'The Unexplained Podcast' by Howard Hughes. Interesting incident at Burton Dassett Hills in 1923 and in Wales only 5 years ago.If he's been putting the door handles up there no wonder there's problems!
I think OSB posts on the finances have been way ahead of anyone else’s. That some interpret that as a leaning to Wasps might just be that anything perceived as positive to them is seen as support for them. To have someone give a non-biased expert opinion unpalatable to CCFC or not is always welcome.
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Ultimately, you have to take what people say about themselves on trust really. Why, after all, would anybody lie about their own personal circumstances, and what they have done?I can't see that it adds much to the argument, especially when it's a 'he said she said' kind of thing with no real evidence either way.
Ultimately, you have to take what people say about themselves on trust really. Why, after all, would anybody lie about their own personal circumstances, and what they have done?
To be clear, I mean why would OSB lie? He says he went to the protest (he did) and he says he went home after. He has nothing to gain from making something up really, as the protest was always about just come and show your opposition to CCFC not playing at the Ricoh, from whatever perspective of whose fault it is.
To be clear, I mean why would OSB lie? He says he went to the protest (he did) and he says he went home after. He has nothing to gain from making something up really, as the protest was always about just come and show your opposition to CCFC not playing at the Ricoh, from whatever perspective of whose fault it is.
I mean, maybe if we'd had more than 21, it might have looked like people were bothered!
But what can I take from this, other than he's telling the truth? It's the path to madness if we assume anything vaguely personal is made up, even on a message board. Nobody gains from that, really.
| Heading | Detail | Year 2021 | Year 2020 | Year 2019 |
| Turnover | ||||
| Wasps | Rugby | 8.6m | 8.9m | 14.8m |
| ACL | Rents | 3.2m | 3.1m | 5.1m |
| IEC | Events & Hospitality | 1.3m | 9.4m | 14.6m |
| total | 13.1m | 21.4 | 34.5m | |
| Grants Received | 949k | 1.2m | 0 | |
| Wages | ||||
| Total remuneration | 10.8m | 13.5m | 14.3m | |
| employees | Playing & Coaching | 61 | 62 | 58 |
| Other | 206 | 242 | 193 | |
| Gross Profit | 3.3m | 4.5m | 8.7m | |
| Operating loss | 6.2m | 5.6m | 5.1m | |
| Revaluation Surplus or (deficit) | Premiership shares | 3.687m | 0 | |
| CVC share | 16.8m | |||
| Depreciation | 2.1m | 2.4m | 2.3m | |
| Finance costs | 3.7m | 4m | 3.8m | |
| Tax adjustment | (0.5m) | (1.3m) | 1.1m | |
| Revaluation of lease after tax | (1.2m) | 2.5m | 7m | |
| Total losses after revaluations | 6.3m | 13.7m | 3.4m | |
| Total Fixed Assets | 80.3m | 70.6m | 73.4 | |
| Which include | ||||
| Assets revalued new value | Prem shares | 17.6m | 13.7m | 13.7m |
| Long lease | 52.4m | 48.5m | 52m | |
| Assets purchased | ||||
| Assets under construction He | 4m | |||
| other | 0.3m | 0.9m | 1.9m | |
| Current Assets | Stock, debtors,bank etc | 5.5m | 4.5m | 9.5m |
| Total Assets | 85.8m | 75.1m | 82.8m | |
| Liabilities | ||||
| Loans and borrowing | Bond | 35.2m | 33.8m | 33.8m |
| Director | 18.3m | 18.3m | 18.3m | |
| other | 8.6m | 4.5m | 0.6m | |
| Total | 62.1m | 56.6m | 52.7 | |
| Other creditors | 50.1m | 41.1m | 39m | |
| Total liabilities | 112.2m | 97.6m | 91.7m | |
| Balance Negative balance | 26.4m | 22.5m | 8.9m | |
| Cash flow for year | +917k | (10.4m) | +6.5m | |
| Rugby Club profit or (loss) not inc ACL or IEC | (3.9m) | (8.8m) | 6.2m | |
| Total Wages to Total turnover %age | 82.4% | 63.1% | 41.4% | |
Yes, everyone else has…Stop being respectful to me if you like
You sure your uncle knows him, not me??Brighton, please read my above posts.
One of my relatives knows him personally.
"Refinancing will not be a given, but they do have a substantial fixed asset which could be mortgaged at less than 70% of value. "
My opinion I still dont see them going bust unless the refinance fails, the need to refinance hasnt suddenly arisen
A 250 year lease is as good as owning it.Substantial fixed asset: I'm failing to see what this is meant to be.
I am sure what was sold was rights to run the Arena and not ownership of the ground.
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