Wasps going into admin & the impact on CCFC (56 Viewers)

[fernandopartridge]

I think there has to be a review of CCC's actions here.

Surely the head lease includes as a minimum a requirement of ACL2006 to seek express permission from CCC to create an encumberance against it which presumably was given. Who made that decision and on what basis?

 

---

[hill83]

Here we go then.

 

[SBT]

In what fucking universe would that be justified? If the council bails out Wasps then we’re going back to the dark old days - hard to see us staying in Coventry for very long, at least as long as SISU are here.

 

[Robinshio]

coventry rate payers should be up in arms if this is true - this makes Liz Truss look competent !! £90m debt across 300000 or so population is £300 per man woman and child in a cost of living crisis, when most of the city want them gone

 

[MAFF]

I’m actually speechless

 

[jordan210]

Jokers. Is this not state aid

 

[shepardo01]

What the fuck!?

 

[jordan210]

 

[Robinshio]

Jokers. Is this not state aid

its not as if there is a profitable business waiting to be saved - it is slimy councillors wanting to save face over Lucas and Maton's incompetence

 

[Robinshio]

and surely back to court we go, and then SISU would surely have grounds !!

 

[MalcSB]

It won’t be to cover the entire debt, will be short term. But still completely wrong and should be investigated for corruption if passed.

 

[Deleted member 5849]

Ugh

 

[MalcSB]

I’m not entirely sure whether “state aid” is “illegal” since Brexit.

 

[oldfiver]

Won't they just get the best offer to the administrator rather than a choice?

They will the best offer the Trustee thinks is best offer. A WASPs appointment

 

[Deleted member 5849]

I have to say... I could see the logic, even if I didn't agree, with them selling to Wasps - divest themselves of something that was causing them more hassle than it was worth, and stop them tying themselves up in legal cases etc.

This however? I'm certainly not one of those stick it all in social services, ignore everything else but... got to be a better use of cash than this, surely?

Especially as we didn't deserve help until we signed a few players, apparently!

 

[MalcSB]

Get in touch with your local councillors and tell them they will lose your vote if this is passed.

 

[jordan210]

Nothing reaks of dodgy deals and corruption like a behind closed doors meeting with no scrutiny.

 

[jordan210]

Get in touch with your local councillors and tell them they will lose your vote if this is passed.

This and do it asap

if your councillor isn't labour. get in touch and get them to scrutinise what's going on

 

[steve cooper]

Political suicide. Maybe we will be rid of some councillors as well.

 

[chiefdave]

I thought that was an old tweet or a fake. Even with this council I find that absolutely unbelievable. Owners of ACL when they applied to put us into administration. Point blank refused requests to assist the football club but happy to bail Wasps out yet again with public money.

Its an absolute disgrace if this goes ahead.

 

[Telfer85]

The council will not stop at nothing to keep the insects in Coventry. It’s embarrassing and morally corrupt. I literally cannot believe what I’m reading.

 

[Deleted member 5849]

Nothing reaks of dodgy deals and corruption like a behind closed doors meeting with no scrutiny.

Again, I could see why when we sold the ground - a litigious opponent looking for any sign of weakness to launch yet another case.

No justification this time, though. None at all.

 

[usskyblue]

If this doesn’t spark anger inside any self respecting Coventry resident, Coventry City or Coventry Rugby Club fan.. then I don’t know whatthefuck will

 

[jordan210]

Councillors – Coventry City Council

The Coventry City Council website provides online services, information and advice for residents, businesses and visitors.

www.coventry.gov.uk

councillors contact Info can be found here

 

[Deleted member 5849]

Get in touch with your local councillors and tell them they will lose your vote if this is passed.

Have done just that

 

[fernandopartridge]

The idea to bail Wasps out will have come from the council's senior officers. These people are the ones that need bouncing first.

 

[tisza]

Absolute joke.
How many local businesses have genuinely gone under due to COVID etc ? CCC wasn't looking to bail them out - probably had a combined more full-time employees than Wasps.
If they're pouring further cash into a failing business then they are failing everybody but a handful of private investors etc.
Can put the doubts to rest about an anti-CCFC, pro-Wasps council. CCC quite clearly said in a public statement (when we were first in trouble pre-SISU) that the council could not financially assist a privately-owned sports team. Probably because they were trying too usher in SISU in the first place.

 

[Deleted member 5849]

The idea to bail Wasps out will have come from the council's senior officers. These people are the ones that need bouncing first.

Looks like they'd only get bounced if councillors stood up to them, though.

 

[tisza]

The idea to bail Wasps out will have come from the council's senior officers. These people are the ones that need bouncing first.

Going to Reeves and Maton at the helm.

 

[Lord_Nampil]

Remember when we needed the pitch fixed earlier in the season?? And the council didn’t batter an eyelid??

 

[Earlsdon_Skyblue1]

I'm not sure I can write anything at the moment that wouldn't be classed as inciting violence. I'll just leave this GIF here.

This is all corruption in broad daylight.

 

[Paul Anthony]

Explains why Maton's been so quiet recently. They've clearly been cooking this little scheme up behind the scenes. It all absolutely reeks.

 

[tisza]

Keep telling us there will be cuts to all sorts of services this winter due to energy costs. Then going to find money for this

 

[oldfiver]

Look out for a community rugby club!

 

[jordan210]

Cant pay the bin men but will happily help a team that belongs in the bin