Wasps going into admin & the impact on CCFC (6 Viewers)

[Nick]

Honestly mate, pick your battles. The freeholder bigging up their tenant ain’t it.

"washing it's face"

We have been here before.

 

---

[Nick]

"What conversations have you had about providing support for ACL?"
"None, any support we suggest will be shared with the group"

Duggins favours bridging funding from "bidders".

 

[shmmeee]

There you go, not even bridge funding.

 

[Joy Division]

Duggins confirms bids already in for the stadium

 

[SHUNT31]

Absolutely no way CCFC are getting hold of that stadium.

Absolutely no chance.

 

[Brighton Sky Blue]

There you go, not even bridge funding.

Penalty to CCC, Nick goes in with two feet.

 

[Nick]

Ridley: "You have given assurances to the EFL but then you also say as freeholder you can't give assurances"
Duggins: "The ambition is to ensure the football club remains"

Duggins: "What kind of business would it be that turfs out the football club?"

Ermmmmmm is this the memory loss again?

 

[Deleted member 5849]

Absolutely no way CCFC are getting hold of that stadium.

Absolutely no chance.

We don't need two stadia though

 

[Grendel]

WASPS paid c£15m for the lease they then revalued it to £50m+ on the back of the expected increased revenues over say 200 years

They anticipated gates of 20,000+ for their games plus add ons. Which haven't/ won't happen

There have been no significant improvements to the stadium but some £20m defects have been highlighted

£35m is not likely in a realmarket but could be to a vested interest purchaser

The council really are clueless idiots

 

[SHUNT31]

Duggins says that we left for Birmingham on our own accord.

He is talking as if bidders are not the football club. The whole things stinks.

 

[The Philosopher]

Absolutely no way CCFC are getting hold of that stadium.

Absolutely no chance.

Unless they use a patsy to buy it then some SISU shenanigans may commence.

Would be sensible and, quite possible.

 

[Nick]

Ridley: "Would you be prepared to speak to SISU or Otium if they put an offer forward for the lease?"
Duggins: "Ask Reeves for advice, it will be the administrator to come to a conclusion for the best bid"

 

[Brighton Sky Blue]

Ridley: "You have given assurances to the EFL but then you also say as freeholder you can't give assurances"
Duggins: "The ambition is to ensure the football club remains"

Duggins: "What kind of business would it be that turfs out the football club?"

Ermmmmmm is this the memory loss again?

Saved. Ridley guesses the right way

 

[Nick]

I wonder if Richardson has put in a bid for the lease?

 

[The Philosopher]

I really do dislike Labour politicians. Always hiding behind some kind of social value BS; they need watching.

 

[Brighton Sky Blue]

Duggins says that we left for Birmingham on our own accord.

He is talking as if bidders are not the football club. The whole things stinks.

I don’t think we were ever going to make a bid

 

[Nick]

Ridley: "Is it time to bury the hatchet with the Sky Blues?"
Duggins: "I always made it crystal clear, while there was legal action then we would not have the kind of relationship we want. Those legals have gone and I have hoped we would build a better relationship."

 

[CCFCSteve]

Been chatting with Joy earlier this year

 

[Nick]

Duggins went to Warwick Uni and met Seppalla, had an amicable chat and a pleasant evening.

 

[Bugsy]

Forgive me for being slow but where are u lads getting this information from is it a live stream thing

 

[SHUNT31]

Interesting

 

[GIMOC]

it’s gonna a long two weeks for us in terms of future at the CBS

 

[Nick]

Forgive me for being slow but where are u lads getting this information from is it a live stream thing

Agenda for Council on Tuesday, 18th October, 2022, 2.00 pm - Coventry City Council

Committees and meetings at Coventry City Council

edemocracy.coventry.gov.uk

 

[Bugsy]

Agenda for Council on Tuesday, 18th October, 2022, 2.00 pm - Coventry City Council

Committees and meetings at Coventry City Council

edemocracy.coventry.gov.uk

Thanks Nick

 

[Nick]

Duggins now saying to Ridley that the decision was unanimous to sell to Wasps.

Maton isn't letting Ridley reply.

 

[oldfiver]

I wonder if Richardson has put in a bid for the lease?

At a preferential price of course

 

[ccfcrob]

Ridley: "You have given assurances to the EFL but then you also say as freeholder you can't give assurances"
Duggins: "The ambition is to ensure the football club remains"

Duggins: "What kind of business would it be that turfs out the football club?"

Ermmmmmm is this the memory loss again?

I must admit that did make me chuckle when he came out with that.

 

[oldfiver]

Duggins went to Warwick Uni and met Seppalla, had an amicable chat and a pleasant evening.

With Lucas?

 

[Deleted member 5849]

Duggins went to Warwick Uni and met Seppalla, had an amicable chat and a pleasant evening.

Pints and shots down the Union before watching a gig at the Arts Centre?

 

[Nick]

With Lucas?

No idea, this summer he said.

 

[ccfcrob]

Ill be honest, coming out of that it does appear to be positive. The council seem to have come to terms with the fact there is nowhere else to turn and hide anymore.

 

[Nick]

Ill be honest, coming out of that it does appear to be positive. The council seem to have come to terms with the fact there is nowhere else to turn and hide anymore.

My biggest thought from all this is that Richardson will be one of the bidders (like SISU were) but will end up the owner again with the tax and bonds gone.

 

[CCFCSteve]

Ill be honest, coming out of that it does appear to be positive. The council seem to have come to terms with the fact there is nowhere else to turn and hide anymore.

Agreed. Positive noises at least. Out of their hands to some extent though.

 

[Joy Division]

Administration for ACL in two weeks if no bidder found in that time

 

[GIMOC]

The greens councillor is an absolute drip