Wasps going into admin & the impact on CCFC (113 Viewers)

[Evo1883]

So basically we have 4 interested parties , 3 of which would be interested in the football club ..
John mcevoy, Ashley, sisu

Congratulations to NEC group on your new acquisition

 

---

[edgy]

To be fair, the club stays in decent hotels for away fixtures.

Only because I sort them though ;-)

It was a two pronged slant.

1) Can CCFC afford to stay in anything other than hostels?
2) Does Walsall offer anything other than hostels?

 

[Nick]

So basically we have 4 invested parties , 3 of which would be interested in the football club ..
John mcevoy, Ashley, sisu

Congratulations to NEC group on your new acquisition

Is it confirmed McEvoy is one of them?

 

[Evo1883]

Is it confirmed McEvoy is one of them?

Gilbert says in a response to somebody

 

[Nick]

It was a two pronged slant.

1) Can CCFC afford to stay in anything other than hostels?
2) Does Walsall offer anything other than hostels?

There's that hotel over the road, had a beer in there before one of the games.

No idea how nice it was, had beers though.

 

[Nick]

Gilbert says in a response to somebody

Just seen it.

It sounds more promising than it did yesterday.

 

[The Philosopher]

Also, could the update from the club mean ACL are somehow avoiding Administration today and have another extension?

That sounds most likely and will probably avoid further potential SISU claim potential that would occur if we played at Walsall.

They’ll have to show that some kind of deal is possible though, but with bidders like the NEC and Ashley at the table proof of funds and potential resolution is no problem. An extension would be denied if it was just that poker chap and Dhinsa putting offers in.

 

[TomRad85]

Is if possible someone like Ashley or McEvoy could be wanting to invest with SISU rather than bidding against them?

Sent from my SM-G973F using Tapatalk

 

[HuckerbyDublinWhelan]

Just seen it.

It sounds more promising than it did yesterday.

Does this McEvoy actually have money though, also @Nick did you say someone blamed SISU?

that’s got to be trolling surely

 

[Sky Blue Pete]

Also, could the update from the club mean ACL are somehow avoiding Administration today and have another extension?

Maybe

 

[Evo1883]

Does this McEvoy actually have money though, also @Nick did you say someone blamed SISU?

that’s got to be trolling surely

Billionaire with stakes already in American sports clubs , music venues etc

 

[AFCCOVENTRY]

Out of all those bidders, Ashley probably is the one who can finance the purchase of the CBS easily.

 

[Nick]

Out of all those bidders, Ashley probably is the one who can finance the purchase of the CBS easily.

Yep, it's just then what's he going to do with it.

Surely he would have an agreement in place for the club before the arena?

 

[chiefdave]

Pretty sure the Council also said that's why they didn't want SISU to own it...

There is, or at least was, meeting notes on the council website that say safeguards need to be put in place to ensure that if CCFC / SISU ever get ownership of the stadium it can't be used as security on any finance.

 

[The Philosopher]

In theory, they would want Ashley to pay less for the Ricoh so he would pay more for the club.

I wonder if SISU and Ashley are working together on this - it would make sense.

MA would know that buying the stadium with SISU hostile is a big risk.

It’s SISU’s best “out”. Use their leverage positions to make sure MA can get the stadium with the proviso that he then buys CCFC.

Personally don’t mind this outcome.

With betting sponsorship going at least “Sports Direct” or Lonsdale or whatever can be the backers next season and like him or not, he’s got a few quid. (MA)

 

[AFCCOVENTRY]

We have a scenario here apart from NEC, all the other 3 parties want to marry the stadium and club together.

Very interesting times and I would say positive.

 

[Skyblueweeman]

Use the Britannia chain a lot, do you?

Wash your mouth out NW, you're better than that.

Premier Inns, innit.

 

[Skyblue_CP]

Yep, it's just then what's he going to do with it.

Surely he would have an agreement in place for the club before the arena?

This is what I can’t get my head round, why would he be in for the CBS against SISU if they were in agreement.

 

[HuckerbyDublinWhelan]

Billionaire with stakes already in American sports clubs , music venues etc

That’s what Dawkins says - but there’s nowhere on the net that confirms this net value (not impossible like) but usually billionaires are on forbes or have some kind of internet presence

 

[Nick]

This is what I can’t get my head round, why would he be in for the CBS against SISU if they were in agreement.

Yeah I can't figure that bit out either.

 

[Nuskyblue]

Would be interested to know what would cost 13 million to repair, care to hazard a guess? Thats a lot of investment.

The office space is definitely in poor condition. Leaking roof, pipes and toilets not in working order.

I wonder what the split is between the stadium and the other bits?

 

[Skyblueweeman]

It was a two pronged slant.

1) Can CCFC afford to stay in anything other than hostels?
2) Does Walsall offer anything other than hostels?

Ha ha - fair enough. Didn't pick up on the 2nd point.

To be fair, clubs normally are happy to stay within a 30 mins drive of the ground they're playing (taking into account traffic/time of travel etc). That opens up a wider area than Walsall itself. Thankfully.

 

[Terry Gibson's perm]

Somebody managed to spend £5 million on a glorified porch so £13 million in repairs and updates doesn’t seem that much.

 

[Brighton Sky Blue]

Somebody managed to spend £5 million on a glorified porch so £13 million in repairs and updates doesn’t seem that much.

It'll need to be another £5 million to repair the porch if Ashley chunders over it

 

[TomRad85]

I'm sure theres a few thousand people who can happily save them a few quid by removing anything Wasps related for free.

 

[Skyblue_CP]

Dawkins tweeted 20 minutes ago saying “WE CONTINUE” your guess is as good as mine what that means.

 

[lord_garrincha]

I'm sure theres a few thousand people who can happily save them a few quid by removing anything Wasps related for free.

Bonfire after we have come back from Watford anyone???

 

[Terry Gibson's perm]

Hummel must be delighted to have all that merchandise sitting there with let’s be generous a limited value.

 

[edgy]

Dawkins tweeted 20 minutes ago saying “WE CONTINUE” your guess is as good as mine what that means.

He's listening to some re-runs of Dave Pearce's Dance Anthems.

 

[The Philosopher]

Dawkins tweeted 20 minutes ago saying “WE CONTINUE” your guess is as good as mine what that means.

If there is an extension (and it looks like there will be) it’ll be interesting to find out who is putting the money in to pay the costs while this is going on?

Stewarding
Police
Ongoing insurance

I guess by extension it’ll be CCFC and gate receipts.

 

[Skyblue_CP]

As much as I don’t doubt that Dawkins heart is in the right place in all of this with McEvoy I still think my preferred outcome would be Ashley coming out with the lot.

 

[Sick Boy]

As much as I don’t doubt that Dawkins heart is in the right place in all of this with McEvoy I still think my preferred outcome would be Ashley coming out with the lot.

Even if he’s involved with the London Wasps takeover?

 

[The Philosopher]

Hummel must be delighted to have all that merchandise sitting there with let’s be generous a limited value.

Ironically you can still buy a Hummel Wasps shirt from Sports Direct for 59.99

What does MA know? (Last bit is satire)

 

[Skyblue_CP]

Even if he’s involved with the London Wasps takeover?

Ideally not haha. I thought it had already been touted that the party taking over wasps wasn’t Interested in the CBS?

 

[Deleted member 5849]

Ha ha - fair enough. Didn't pick up on the 2nd point.

To be fair, clubs normally are happy to stay within a 30 mins drive of the ground they're playing (taking into account traffic/time of travel etc). That opens up a wider area than Walsall itself. Thankfully.

Mad O'Rourke's in Tipton?