Always a Wasp

General Category => Wasps Rugby Discussion => Topic started by: NellyWellyWaspy on November 16, 2022, 07:27:53 PM

Title: SISU Sell CCFC
Post by: NellyWellyWaspy on November 16, 2022, 07:27:53 PM
https://twitter.com/BBCCWR/status/1592957476869181440

Sold to Doug King. He is buying 85% and is clearing all debts.

https://www.bbc.co.uk/sport/football/63656013
Title: Re: SISU Sell CCFC
Post by: jamestaylor002 on November 16, 2022, 07:33:59 PM
Glad things are working out nicely for them
Title: Re: SISU Sell CCFC
Post by: Sliminator on November 16, 2022, 08:35:06 PM
According to their official release they plan to bid for the CBSA not sure how that works with the Ashley bid.
https://www.ccfc.co.uk/news/2022/november/news-local-businessman-to-acquire-majority-stake-in-coventry-city-football-club/
Title: Re: SISU Sell CCFC
Post by: Bloke in North Dorset on November 16, 2022, 08:52:54 PM
Good news for the bond holders if this is right. A bit of competition between 2 successful businessman with big egos is going to push te price up a bit.
Title: Re: SISU Sell CCFC
Post by: WonkyWasp on November 16, 2022, 09:27:44 PM
A cunning plan.
Title: Re: SISU Sell CCFC
Post by: Skippy on November 16, 2022, 09:32:04 PM
Great news for the football club, great news for the city and bad news for the lawyers that have made a living from SISU’s perma-litigation What’s not to like about that.
Title: Re: SISU Sell CCFC
Post by: Shugs on November 16, 2022, 09:49:15 PM
Not sure this is quite what it seems. The plot thickens
Title: Re: SISU Sell CCFC
Post by: andermt on November 17, 2022, 08:16:43 AM
Not sure this is quite what it seems. The plot thickens

Seen some comments that suggest his business address is the same as SISU's
Title: Re: SISU Sell CCFC
Post by: WonkyWasp on November 17, 2022, 08:36:11 AM
How VERY interesting.  I look forward to more info. 
Title: Re: SISU Sell CCFC
Post by: Heathen on November 17, 2022, 11:22:30 AM
From the satement :

“We have made it a priority – and one of our first acts as majority owners – to submit a bid to acquire the CBS Arena. We are keen to meet with Coventry City Council representatives and others as soon as possible to set out our vision – which includes the regeneration of the area.”
Title: Re: SISU Sell CCFC
Post by: WonkyWasp on November 17, 2022, 11:23:49 AM
On second thoughts, could it just be a 'convenience' address or something similar?
Title: Re: SISU Sell CCFC
Post by: Shugs on November 17, 2022, 02:28:07 PM
Expect King will now make his excuses and leave the scene. No idea if Ashley has a penchant for rugby.
Title: Re: SISU Sell CCFC
Post by: jamestaylor002 on November 17, 2022, 02:33:19 PM
Expect King will now make his excuses and leave the scene. No idea if Ashley has a penchant for rugby.

I sure hope so!
Title: Re: SISU Sell CCFC
Post by: baldpaul101 on November 17, 2022, 02:49:45 PM
Ashley has a liking for money, so if he can rent the stadium out to 2 separate sports clubs & leverage the hotel, casino & exhibition space, then I would expect him to do so.
Whether Wasps want to or be able to afford to, are different questions all together.
Title: Re: SISU Sell CCFC
Post by: Neils on November 17, 2022, 02:59:15 PM
Ashley has a liking for money, so if he can rent the stadium out to 2 separate sports clubs & leverage the hotel, casino & exhibition space, then I would expect him to do so.
Whether Wasps want to or be able to afford to, are different questions all together.

If Wasps want to exist they will have to suck it for a year or two.
Title: Re: SISU Sell CCFC
Post by: NellyWellyWaspy on November 17, 2022, 09:40:09 PM
Expect King will now make his excuses and leave the scene. No idea if Ashley has a penchant for rugby.

I sure hope so!

He does not, sorry to say.
Title: Re: SISU Sell CCFC
Post by: NellyWellyWaspy on November 17, 2022, 09:49:36 PM
I know that Ashley is the preferred bidder, but I am also fairly sure he is not yet the owner. It ain't a done deal till the ink hits the paper and the money changes hands. I think this has some twists and turns to go yet.

I am also very suspicious about who this King guy is. Could he be the real money behind SISU, and CCFC fans end up with the same owner, with a different face?

As to the Legends bid, I am sure they are a bit wary to put pen to paper until they see who owns the Arena. Time is running out, and indeed may have already run out for next year.

I also note we have heard very little about Worcester.
Title: Re: SISU Sell CCFC
Post by: WonkyWasp on November 17, 2022, 11:03:18 PM
That sounds like Line of Duty.
Title: Re: SISU Sell CCFC
Post by: Shugs on November 18, 2022, 08:19:52 AM
NWW, King, for me is a red herring. Wheeled out to disrupt and obfuscate. He’s just a tool to drive the price of CCFC up for Ashley. I’m sure the Legends and Wuss bids are mired in RFU dithering. I’d expect nothing less.
Title: Re: SISU Sell CCFC
Post by: Neils on November 18, 2022, 08:55:12 AM
That sounds like Line of Duty.

What is Line of Duty?

Is it something Wayne Barnes has come up with?
Title: Re: SISU Sell CCFC
Post by: WonkyWasp on November 18, 2022, 09:32:27 AM
Jesus, Mary, Joseph and the little Donkey ....  stop trying to wind me up!  PS .....  Murderball. 7.00 pm till 9.30 pm on BBC 2.  The Final,  England  v  France. Tonight.  No Eddie Jones involved. Yeh!
Title: Re: SISU Sell CCFC
Post by: Neils on November 18, 2022, 09:33:09 AM
Jesus, Mary, Joseph and the little Donkey ....  stop trying to wind me up!  PS .....  Murderball. 7.00 pm till 9.30 pm on BBC 2.  The Final,  England  v  France. Tonight.  No Eddie Jones involved. Yeh!

Best game of the weekend!