Johnnythespider
Well-Known Member
Did anybody do the Dion Dublin stairs up to the boardroom or have I missed the boat
Wasps going into admin & the impact on CCFC (8 Viewers)
- Thread starter Alkhen
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larry_david
Well-Known Member
Does no one on here work!?
Liquid Gold
Well-Known Member
I'd be astounded if the bondholders got £35m back.
They have had something like 47% of their initial paid in interest though so if they got anything close to 50% I suppose they'd take that as a win given the circumstances.
They have had something like 47% of their initial paid in interest though so if they got anything close to 50% I suppose they'd take that as a win given the circumstances.
Liquid Gold
Well-Known Member
Alt+tab is your friend
D
Deleted member 5849
Guest
Yeah, if you can come close to break even, then it hasn't been a disaster for them, especially at a time when interest rates in a savings account have been pretty low.
Robinshio
Well-Known Member
I didnt see that comingBIG ARENA NEWS
Specsavers look to be opening
COVENTRY ARENA SPECSAVERS LIMITED has just been setup
MalcSB
Well-Known Member
That should help the referees - no excuses for them now!BIG ARENA NEWS
Specsavers look to be opening
COVENTRY ARENA SPECSAVERS LIMITED has just been setup
Otis
Well-Known Member
We should all raise our glasses at the news.
13th_choice_seamer
Well-Known Member
Sorry if I missed it but what repairs does the Ricoh need that would run the bill up to £13m??? Looks in fairly decent repair as far as I can see, unlike St Andrews where half the stands are closed due to structural issues.
Id not thought of it in that way. Really good point. I wonder if there’s maybe some tax clawback from the insolvency of an investment as well
alexccfc99
Well-Known Member
Place could do with a good jet wash and the concourse is crap in my opinion compared to other grounds
ccfcrob
Well-Known Member
Yes but our performance reviews are terrible
I think a rush job to get it complete 16 years ago and then any real lack of maintenance in that time.....don't know the breakdown but costs for large stadiums can run up very quickly.
Liquid Gold
Well-Known Member
T
Ashton Gate's redevelopment is amazing in the home end concourses, loads of room to move about, tables to put your drinks on, food and drink outlets on both sides to reduce queueing.
The councourse is proper shocking for a new build. It's like they calculated the size of a person standing and just put that in, no room to move at all.
Ashton Gate's redevelopment is amazing in the home end concourses, loads of room to move about, tables to put your drinks on, food and drink outlets on both sides to reduce queueing.
alexccfc99
Well-Known Member
To be honest more this rumbles on the more I think a deal with the NEC group may have been done
Torquay Sky Blue
Well-Known Member
Onandi Lowes Powder Parlour
Gynnsthetonic
Well-Known Member
Could be a deal with any of them, these legal issues take time
alexccfc99
Well-Known Member
Haven’t been in the home end at Ashton Gate so cannot comment, but when I went to watch England play Switzerland at Leicester the other year, the concourse was just so much better and spruce - For a ground that is pretty much the same as the CBS
I’m in no world saying we’re ever going to have a place like theirs but I was at Spurs v Newcastle the other weekend and it’s unbelievable - Wouldn’t think your at a football stadium
alexccfc99
Well-Known Member
Southampton as well last season, for a new ground I think the CBS is lacking and needs some real TLC
Gynnsthetonic
Well-Known Member
It was rushed in the end to get finished, its always had that unfinished look to it
Liquid Gold
Well-Known Member
As soon as the initial repayment date was missed there was no chance they were ever getting their full amounts back.
RegTheDonk
Well-Known Member
I'd agree with this. You've got lots of car parks, a couple of main routes in and out, a footbridge to a main line railway station. At the CBS we have a lot of locals walking to games, parking in friendly side roads/pubs etc. Getting shead loads of people who have travelled from outside the area to see The Stones, it's a nightmare. Friend took about 3 hours before they were back on the motorway.
COVKIDSNEVERQUIT
Well-Known Member
Liquid Gold
Well-Known Member
Rumours of a loan deal. Jackett has really done a number on Robins here. Proper manager.
Torquay Sky Blue
Well-Known Member
I was involved with the sales for the stadium security . It was so rushed to get finished. We told them the PA system wasn't fit for purpose and it wasn't. The turnstiles weren't ready and half the CCTV wasn't functioning on opening day. Only glad there wasn't a fire or we'd all of been fucked (that worked by the way)
What would the administrator take into account when assessing bids? Would it purely be the highest bid and best return for creditors? Would they consider best for the local area and each tenant at the arena. We’re biased thinking club and ground should be united but does any other party involved care about that?
If not, I’m just thinking NEC group would have by far the most coherent business case and credible business plan. They’d know how to run the events side, be able to project cash flow based on number of events etc and have the football club as tenants. The administrators won’t care about club and ground being under same ownership I’m sure.
Meanwhile there may be other parties wanting to unite club and ground but have no experience on the events side and they will just generally be complete unknowns.
I’ve just got this awful feeling it will go to NEC, we’ll be tenants with SISU slowing trying to extract cash and then they’ll be a rent dispute in 8 years when the lease is up and we’ll be moving grounds again.
If not, I’m just thinking NEC group would have by far the most coherent business case and credible business plan. They’d know how to run the events side, be able to project cash flow based on number of events etc and have the football club as tenants. The administrators won’t care about club and ground being under same ownership I’m sure.
Meanwhile there may be other parties wanting to unite club and ground but have no experience on the events side and they will just generally be complete unknowns.
I’ve just got this awful feeling it will go to NEC, we’ll be tenants with SISU slowing trying to extract cash and then they’ll be a rent dispute in 8 years when the lease is up and we’ll be moving grounds again.
Nick
Administrator
Surely the council will be trying to protect the city's football club?
Flying Fokker
Well-Known Member
Just wondering? Why do you think SISU would have a rent dispute after paying rent on time for 10 years? At year 10 they will either be there on an agreed package or on their way. There may be some foot stomping of course.
D
Deleted member 5849
Guest
We'll just be entering our partnership with Coombe Abbey to build a new ground on the parkland.
Nick
Administrator
Surely room in Ansty for one when Mike Ashley builds his complex?
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