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Wasps going into admin & the impact on CCFC (5 Viewers)

  • Thread starter Alkhen
  • Start date Sep 21, 2022
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mark82

Super Moderator
  • Sep 21, 2022
  • #36
Legia Sky Blue said:
I guess Wasps get to choose the Administrator. What's Appleton up to these days?
Click to expand...

The key players here are whoever money is owed to. In our case the vast majority was owed to Sisu, therefore they had full control of the process. I'm not sure that is the case for Wasps.
 

jordan210

Well-Known Member
  • Sep 21, 2022
  • #37
Dont worry all. Bobby is running a live story over on Covlive.......

Wasps RECAP: Administration intention could lead to relegation

CoventryLive brings you the latest updates on reports Wasps have filed a notice in the High Court to appoint an administrator
www.coventrytelegraph.net

Its just a copy of the two tweets with nothing new.....
 
Reactions: smoothasfudge14
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CCFC54321

Well-Known Member
  • Sep 21, 2022
  • #38
Bye bye wasps

Everyone said Coventry wouldn’t accept you and this would be the outcome.

Only losers are the genuine wasps supporters in London.
 
Reactions: Skyblueweeman, robbiethemole, Bertola and 9 others

Nick

Administrator
  • Sep 21, 2022
  • #39
jordan210 said:
Dont worry all. Bobby is running a live story over on Covlive.......

Wasps RECAP: Administration intention could lead to relegation

CoventryLive brings you the latest updates on reports Wasps have filed a notice in the High Court to appoint an administrator
www.coventrytelegraph.net

Its just a copy of the two tweets with nothing new.....
Click to expand...
And copying and pasting their pr stories
 

Liquid Gold

Well-Known Member
  • Sep 21, 2022
  • #40
Stupid fucks will stupid fuck. Has anybody given his head a shake and checked to see if skittles fall out?

 
Reactions: Terry Gibson's perm, torchomatic, TTG and 4 others

duffer

Well-Known Member
  • Sep 21, 2022
  • #41
Just to add. The fuckwits running the council sold our club down the river for this bunch of slimy bastards. All for what.

Kevin Maton, Kevin Maton, your team took a hell of a beating...
 
Reactions: GaryMabbuttsLeftKnee, vow, SkyBlue_Bear83 and 19 others

SeaSeeEffCee

Well-Known Member
  • Sep 21, 2022
  • #42
Hasn’t their season already started? How are they going to sort out relegation?
 

jordan210

Well-Known Member
  • Sep 21, 2022
  • #43
Sky blue trust spotted laying flowers and lighting candles at the CBS
 
Reactions: Marty, Sick Boy, Tile Hill Phil and 12 others

TomRad85

Well-Known Member
  • Sep 21, 2022
  • #44
Wait is this real? Is it actually happening?
Hahahahahahahahaha.... *breathe* hahahhahhaha

Sent from my SM-G973F using Tapatalk
 
Reactions: Skyblueweeman

Sky Blue Harry H

Well-Known Member
  • Sep 21, 2022
  • #45
https://giphy.com/l3q2YZF3y5pwt2aXe
 
Reactions: SkyBlue_Bear83, Tile Hill Phil, RegTheDonk and 5 others

Frankly_Mr_Shankly

Well-Known Member
  • Sep 21, 2022
  • #46
CCFC54321 said:
Bye bye wasps

Everyone said Coventry wouldn’t accept you and this would be the outcome.

Only losers are the genuine wasps supporters in London.
Click to expand...
Not if they head back to London it won’t. They probably want this to happen deep down.
 
Reactions: PUSB-We_are_going_up

Sky Blue Harry H

Well-Known Member
  • Sep 21, 2022
  • #47
If the bondholders want to get the most for the CBS, will it be a case of who coughs up the cost out of Wasps (Mark 2) if that is even allowed, and e.g. SISU? How does this tie in with Cov City Council's ownership of it? Let's hope it's a positive/turning point for the football club.
 

AFCCOVENTRY

Well-Known Member
  • Sep 21, 2022
  • #48

Wasps Confirm 100% Shareholding In The Ricoh Arena | Ricoh Arena | Wasps

Wasps have today announced that it has completed the acquisition of a 100% shareholding of Arena Coventry Limited.
www.coventrybuildingsocietyarena.co.uk
 
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CCFC54321

Well-Known Member
  • Sep 21, 2022
  • #49
I’m as happy as a pig of shit tonight
 
Reactions: eastwoodsdustman and Deleted member 2477

shepardo01

Well-Known Member
  • Sep 21, 2022
  • #50
Mate works in administration- used to work for deloitte, did admin at Ipswich.

From him....
 
Reactions: Moff

Nick

Administrator
  • Sep 21, 2022
  • #51
Bobby bridge trying to push that is only "intention" for administration.
 
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long way home

Well-Known Member
  • Sep 21, 2022
  • #52
If this is true then the article in the FT becomes very relevant to us. Stated someone high up in Sisu was the source of the story.
 

mark82

Super Moderator
  • Sep 21, 2022
  • #53
Nick said:
Bobby bridge trying to push that is only "intention" for administration.
Click to expand...

Right, but presumably the only way it doesn't happen is that they get investment to pay debts that they cannot currently service.
 

shepardo01

Well-Known Member
  • Sep 21, 2022
  • #54
Also thinking that they may try something dodgy...
 
S

SkyBlueSam01

Well-Known Member
  • Sep 21, 2022
  • #55
Preston Haskell IV where are you
 

SomersetSB

Well-Known Member
  • Sep 21, 2022
  • #56
Am I allowed a little chuckle?
Shit day at work but to come home to this, may crack open a beer now!!⚽️
 
Reactions: duffer, eastwoodsdustman and BodicoteSkyBlue

jordan210

Well-Known Member
  • Sep 21, 2022
  • #57
 
Reactions: Deleted member 2477

Earlsdon_Skyblue1

Well-Known Member
  • Sep 21, 2022
  • #58
 
Reactions: RegTheDonk, clint van damme, SomersetSB and 1 other person

AFCCOVENTRY

Well-Known Member
  • Sep 21, 2022
  • #59
SkyBlueSam01 said:
Preston Haskell IV where are you
Click to expand...
He’s in jail isn’t he?
 
Reactions: SkyBlueSam01

Philosoraptor

Well-Known Member
  • Sep 21, 2022
  • #60
AFCCOVENTRY said:
He’s in jail isn’t he?
Click to expand...

Latest I heard was a 6 weeks prison sentence if he steps foot in England.
 
Reactions: SkyBlueSam01

Nick

Administrator
  • Sep 21, 2022
  • #61
Looking forward to seeing everybody worried about local jobs. The ones that they weren't bothered about when they watched wasps boot us out.
 
Reactions: Skyblueweeman, RegTheDonk, skyblues83 and 4 others

Johnnythespider

Well-Known Member
  • Sep 21, 2022
  • #62
 
Reactions: Bertola

CCFColi

Active Member
  • Sep 21, 2022
  • #63
 
Reactions: RegTheDonk, larry_david and Bertola

ccfcmad1

Well-Known Member
  • Sep 21, 2022
  • #64
Get the champers out!
 

Earlsdon_Skyblue1

Well-Known Member
  • Sep 21, 2022
  • #65
'I just want to watch Premiership standard Rugby.'


 
Reactions: ccfcmad1

the rumpo kid

Well-Known Member
  • Sep 21, 2022
  • #66
shepardo01 said:
Could their debts be wiped so to speak, then Derek picks up the CBS on the cheap from admins, moves the training ground back over and voila, debt free but as you were with no need to pay bonds???... obviously based on a total lack of full understanding!
Click to expand...
Called doing a leic***r .
 
Reactions: skybluetony176, RegTheDonk, Rodders1 and 2 others

Blind-Faith

Well-Known Member
  • Sep 21, 2022
  • #67
I’m having such a gooooood day
 

skybluepm2

Well-Known Member
  • Sep 21, 2022
  • #68

Wasps owner breaks silence to address administration claims

The Gallagher Premiership rugby club has played at the Coventry Building Society Arena since 2014
www.coventrytelegraph.net

Oh dear, Derek…
 
Reactions: Bertola and ccfcmad1
C

coop

Well-Known Member
  • Sep 21, 2022
  • #69
And the Coventry Telegraph have it half way down there page fucking arse licking that's.
 

Liquid Gold

Well-Known Member
  • Sep 21, 2022
  • #70
Does a rugby club fail if nobody is around to support it?
 
Reactions: Skyblueweeman, robbiethemole and ccfc922
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