Just adds a bit more outrage to the Derek/Council/"Big" Mike three-way secret shaft-a-thon.......I don’t see why we would care what money goes where
If the exclusivity expires and a hugely better offer comes on the table, Richardson would be in a pickle if it was turned down and he himself ended up in a better position (if the business then goes pop)How can it if the deal is already agreed for when it drops into admin?
Would that mean Richardson is paid off and has nothing else to do with the stadium. Would the 40% effectively pay him back what he's put in and he walks away for good
If the exclusivity expires and a hugely better offer comes on the table, Richardson would be in a pickle if it was turned down and he himself ended up in a better position (if the business then goes pop)
HMRC wouldn’t like that.
Just don't see it. There's not enough "meat on the bone" for Ashley to fork out nearly 17 million for just 60%. Plus there's the investment needed to move things on .
And the real mystery: why has the tiny scoreboard on the posh stand not been turned on since Wasps went into admin?
I think you will be disappointed
I took it to mean 40% of the bid money not him retaining a share of the stadium ownership.Just don't see it. There's not enough "meat on the bone" for Ashley to fork out nearly 17 million for just 60%. Plus there's the investment needed to move things on .
Or maybe if they convert monies owed to him into share equity??
But Richardson staying in involved if the bondholders don't get their money would be a bad look for all parties.
More likely the administrators fees.£1.2m in losses to keep it running for 2 weeks?
Im calling it now. What's the bet if Ashley gets his hands on it. A load of grants for regeneration in that arena become available by CCC
Yup, the only real question is if Ashley follows through with his purchase or not.Let's face it, the charges will be removed.
That equates to about £30m for 100% of stadium and other bits and bobs valued at £50m plus?Just don't see it. There's not enough "meat on the bone" for Ashley to fork out nearly 17 million for just 60%. Plus there's the investment needed to move things on .
Or maybe if they convert monies owed to him into share equity??
But Richardson staying in involved if the bondholders don't get their money would be a bad look for all parties.
But Richardson staying in involved if the bondholders don't get their money would be a bad look for all parties.
Could beIs Richardon / Wasp Group somehow the biggest creditor?
It depends what the 40% means....
HopefullyIs it possible that sisu are so quiet as Ashley has already done a deal to buy the club ? NDA's all round
I wouldn't be surprised or necessarily be angered by this as long as that would have been available unless you mean it basically covers the value of this deal for him to progress foreward from thereIm calling it now. What's the bet if Ashley gets his hands on it. A load of grants for regeneration in that arena become available by CCC
I am sure that has ben discussed informally with Reeves
It was mentioned there is availability to build the hotel - the one WPS applied for funding from WMCA?
That’s what councils doIm calling it now. What's the bet if Ashley gets his hands on it. A load of grants for regeneration in that arena become available by CCC
That’s what councils do
There were ideas and plans for that area when the ground was first thought of years ago.The way Reeves mentioned his 4 pillars that a buyer needs to meet. One being regen. Sounds ike CCC have a plan for the area.
But id not be surprised if some of the grants are for things at the arena again. More waste of public money on a privately owed venue
Supposedly Fraser's he has ,/uses a vehicle called Mesh for his personal stuff I think.Is the Ashley interest a private one, house of Fraser or another Ashley business entity?
Possible but absolutely no rumours to say that’s the caseIs it possible that sisu are so quiet as Ashley has already done a deal to buy the club ? NDA's all round
Be good to see the timeline from ccfc making their payment and feeling there may be more on offer than a few home games to Ashley paying an exclusivity amount and keeping acl out of admin. Think both can be true
Ahhhhhh. Interesting. Not mesh, It's MASH holdings.Supposedly Fraser's he has ,/uses a vehicle called Mesh for his personal stuff I think.
A timeline would be very handy.Be good to see the timeline from ccfc making their payment and feeling there may be more on offer than a few home games to Ashley paying an exclusivity amount and keeping acl out of admin. Think both can be true
Could just mean the NDA’s are holding up.Possible but absolutely no rumours to say that’s the case
By fast pace you mean arena then club by xmas. The Hoffmeister said it would all be done and dusted by Crimbo so maybe he is the man in the middle heresorry Pete. Didn’t see this.
from my understanding and what I was told. even before Wasps went into admin, Ashley was keeping a close eye on events. It wasn’t an overnight decision.
Hoffman has been in dialogue with sisu (well Joy directly) I’m not saying Hoffman is the middle man in all this but I know he has been in dialogue with Joy since September.
My understanding, sisu would be open to offers at the right price. I feel CCFC ensured the Blackpool game went ahead knowing Ashley would then be the person to invest short term following weeks. Once we know tomorrow that Ashley is the preferred bidder I can see events escalating at a fast pace.
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