Liquid Gold
Well-Known Member
"I never want a Cayman Islands hedge fund owning the lease for the arena, would you trust them with it?"Bit of a poor response that I think - its not great that a professional rugby club that has existed here for over 100 years was not considered when Wasps were granted permission to play here. I get the impression they are heading rapidly back to when they were at Wycombe with little local support and struggling to attract interest - of course the problem is a separate organisation I assume based in Malta ultimately owns the lease.
There will I am sure also be a fee escalation if CCFC get promoted and more benefits to the company owning the lease which in turn can support the London rugby clubs finances at the expense of the local club that has been here for a century. Its not a great look really.
-Proceeds to applaud the Malta hedge fund for doing exactly the same but it's fine because you got a free ticket and a free flag