Wasps going into admin & the impact on CCFC (234 Viewers)

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Grendel

Grendel

Well-Known Member
jordan210 said:
Hottinger also were a shirt sponsor of wasps last season
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Hottinger have been a finance arm of Wasps and Moonstone.

hottinger.co.uk

Hottinger Group - Derek Richardson - The Hottinger Group

hottinger.co.uk hottinger.co.uk

Richardson has a share holding in some shell company - Hottinger Arts Collection Ltd

There was some resignations a while ago in the Group and Richardson seems to then have fallen out with them
 
jordan210

jordan210

Well-Known Member
Grendel said:
Hottinger have been a finance arm of Wasps and Moonstone.

hottinger.co.uk

Hottinger Group - Derek Richardson - The Hottinger Group

hottinger.co.uk hottinger.co.uk

Richardson has a share holding in some shell company - Hottinger Arts Collection Ltd

There was some resignations a while ago in the Group and Richardson seems to then have fallen out with them
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Good find.

Gets dirtier and dieter the more you Dig for Reeves.

Wonder who approached who.
 
Nick

Nick

Administrator
It's almost as if Reeves was desperate to keep the stadium with some form of Wasps involvement.

Do we still think Wasps are completely gone and Richardson isn't going to be involved?

Do we still think this wasn't engineered to make sure a particular party was the "only show in town"?
 
Sick Boy

Sick Boy

Super Moderator
Nick said:
It's almost as if Reeves was desperate to keep the stadium with some form of Wasps involvement.

Do we still think Wasps are completely gone and Richardson isn't going to be involved?

Do we still think this wasn't engineered to make sure a particular party was the "only show in town"?
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Anyone who thinks the Franchise are completely gone is naive at best.
 
tisza

tisza

Well-Known Member
Nick said:
Not sure if it's being mentioned.

The Hottinger CEO was also a director of Wasps Holdings.

So Reeves has literally paired up with somebody involved with Wasps to try and agree a bailout.

Also a director of a company with Jade from little mix.
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Don't see how Reeves can fudge this in context of the statements from a couple of weeks ago
 
Sky Blue Pete

Sky Blue Pete

Well-Known Member
Nick said:
It's almost as if Reeves was desperate to keep the stadium with some form of Wasps involvement.

Do we still think Wasps are completely gone and Richardson isn't going to be involved?

Do we still think this wasn't engineered to make sure a particular party was the "only show in town"?
Click to expand...
Absolutely still involved I’m sure
 
Earlsdon_Skyblue1

Earlsdon_Skyblue1

Well-Known Member
Nick said:
It's almost as if Reeves was desperate to keep the stadium with some form of Wasps involvement.

Do we still think Wasps are completely gone and Richardson isn't going to be involved?

Do we still think this wasn't engineered to make sure a particular party was the "only show in town"?
Click to expand...

It isn't 'almost as if' anything. It is exactly what you say it is.

The only difference this time is that the general public and even a couple of journalists have clued up to what's going on. The power has gone to the heads of Richardson, Reeves, Duggins etc, and they've got bolder. The problem is that they don't know when to stop and more or less think they can get away with anything they want. It's the same psychological pattern that gets serial killers caught.

The rapid response emails to people denying bailout meetings was one of the most recent big red flags for me, and a sign they are desperate to cling onto this project at any cost. Lying to constituents en masse like that shows some serious recklessness, and I just hope in this case that there are proper ramifications for the people involved. As an absolute minimum they should be removed from council.
 
skyblueeyesrevisited

skyblueeyesrevisited

Well-Known Member
fernandopartridge said:
I am not one to stick up for the council but realistically how could a CEO carry out his role effectively if he needed prior permission from the leader of the council in relation to any conversation? I think Gilbert is being a bit obtuse on this.
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I don’t think anyone is implying he needed Duggins permission. The point is we are being led to believe Duggins knew nothing about it. I personally do not believe there hadn’t been dialogue between the two.
 
Philosoraptor

Philosoraptor

Well-Known Member
skyblueeyesrevisited said:
I don’t think anyone is implying he needed Duggins permission. The point is we are being led to believe Duggins knew nothing about it. I personally do not believe there hadn’t been dialogue between the two.
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I wonder if anyone could make a freedom of information request to see the communication between the pair. Sure, the council would need to keep records.
 
R

rexo87

Well-Known Member
They're going to be in the championship with gates of less than 2k
They cant even play until next season at best (they currently dont have any owners)
The backlash would be massive if the council let them back in

I can't see any way we see Wasps back in Cov whatsoever. I understand we always think the worst as we usually get shit on but if you look at the facts i cant see any way they stay in the city
 
fernandopartridge

fernandopartridge

Well-Known Member
skyblueeyesrevisited said:
I don’t think anyone is implying he needed Duggins permission. The point is we are being led to believe Duggins knew nothing about it. I personally do not believe there hadn’t been dialogue between the two.
Click to expand...

Yeah, fair enough and I agree with you it is unrealistic. I suppose the council are using the defence that the only way they make decisions is through formal processes!
 
Nick

Nick

Administrator
Earlsdon_Skyblue1 said:
It isn't 'almost as if' anything. It is exactly what you say it is.

The only difference this time is that the general public and even a couple of journalists have clued up to what's going on. The power has gone to the heads of Richardson, Reeves, Duggins etc, and they've got bolder. The problem is that they don't know when to stop and more or less think they can get away with anything they want. It's the same psychological pattern that gets serial killers caught.

The rapid response emails to people denying bailout meetings was one of the most recent big red flags for me, and a sign they are desperate to cling onto this project at any cost. Lying to constituents en masse like that shows some serious recklessness, and I just hope in this case that there are proper ramifications for the people involved. As an absolute minimum they should be removed from council.
Click to expand...

The thing is, there's absolutely fuck all that anybody can do about it now.

The PR tide has turned but realistically I think as soon as it "goes through" and is confirmed as sold there will be a massive backlash.

If people have NDAs, do they expire once the deal is done or are they for life etc?
 
Sky Blue Pete

Sky Blue Pete

Well-Known Member
rexo87 said:
They're going to be in the championship with gates of less than 2k
They cant even play until next season at best (they currently dont have any owners)
The backlash would be massive if the council let them back in

I can't see any way we see Wasps back in Cov whatsoever. I understand we always think the worst as we usually get shit on but if you look at the facts i cant see any way they stay in the city
Click to expand...
Ashley and parties actively looking to appeal decision and play in premiership from next year would suggest there’s lots still to play out
 
shmmeee

shmmeee

Well-Known Member
fernandopartridge said:
Yeah, fair enough and I agree with you it is unrealistic. I suppose the council are using the defence that the only way they make decisions is through formal processes!
Click to expand...

I just can’t believe someone suggested the council putting that level of cash in and was told to crack on. At best I can see a “go see what you can do” conversation and Reeves has gone off on one.

Other possibilities: it was a short term loan until a buyer was found, but again why? Just delaying the inevitable and no guarantees you’d get the money back.

Will be interesting to see what Reeves says.
 
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