Wasps downward spiral... (48 Viewers)
- Thread starter CCFC54321
- Start date
Green green grassI really can't see Wasps getting any grants, unless it's for essential infrastructure upgrades. Also don't see how they're going to get a lender to restructure their debts. I imagine come the deadline the can is going to be kicked down the road, with little to no information given to bondholders. Who knows what the end game is though.
Terry Gibson's perm
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clint van damme
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My names Bond, defaulted Bond......
Terry Gibson's perm
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Greedy rich people with plenty of cash trying to make even more easy money I really hope they lose the lot, but still think those shits will get the money.
Kneeza
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Tell me why I don't like Sundays !! Lol new
Posted by: WelshRugbyfan (IP Logged)
Date: 27 July, 2022 17:38
Hi guys ! Just wondering why so many Sunday games this season .Cancelled trains and disruptions to normal train schedules caused by works on the track undertaken on the weekend, makes a fun day out at the Arena less likely these days !! The odd Sunday you can understand but three home games over September/October are all on a Sunday - just didn't see this coming !!
Re: Tell me why I don't like Sundays !! Lol new
Posted by: Warleywasp (IP Logged)
Date: 27 July, 2022 20:01
My views exactly. Let's hope the local supporters take up the seats
LOL
Posted by: WelshRugbyfan (IP Logged)
Date: 27 July, 2022 17:38
Hi guys ! Just wondering why so many Sunday games this season .Cancelled trains and disruptions to normal train schedules caused by works on the track undertaken on the weekend, makes a fun day out at the Arena less likely these days !! The odd Sunday you can understand but three home games over September/October are all on a Sunday - just didn't see this coming !!
Re: Tell me why I don't like Sundays !! Lol new
Posted by: Warleywasp (IP Logged)
Date: 27 July, 2022 20:01
My views exactly. Let's hope the local supporters take up the seats
LOL
Brighton Sky Blue
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chiefdave
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Re: Tell me why I don't like Sundays !! Lol
Wasp222 28 July, 2022 10:45
I personally think that as the football team bring more people and generates more money. It only makes. Business sense to request that we play out home games in Sundays when there is a clash. I must admit I have checked the football team fixture list.
Please can we come back south. It was soo much easier back then.
Covkid1968#
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MalcSB
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Tickets new
Sting 21 July, 2022 18:02
Can anyone give me an idea when tickets for the first home game will be on sale.
I know it's early, but if anyone got any info I would appreciate it.
Thanks Eamonn
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Re: Tickets new
greenwood 21 July, 2022 20:15
With the attendances lately, if you phone up and ask what times the kick off is, they usually say
'What time can you get here'
Sting 21 July, 2022 18:02
Can anyone give me an idea when tickets for the first home game will be on sale.
I know it's early, but if anyone got any info I would appreciate it.
Thanks Eamonn
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Re: Tickets new
greenwood 21 July, 2022 20:15
With the attendances lately, if you phone up and ask what times the kick off is, they usually say
'What time can you get here'
HuckerbyDublinWhelan
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so what are we expecting from the insects today?
wall of silence?
Payment?
Funding approved?
wall of silence?
Payment?
Funding approved?
Kneeza
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A bland, meaningless 'statement' telling their sweating bondholders that everything is in hand, I would imagine.
shepardo01
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Here's the £5 million new porch, bottom right!
MalcSB
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“Re: Tell me why I don't like Sundays !! Lol new
EssexWasp 29 July, 2022 07:51
I haven't renewed my ST - poor fan experience at the stadium, team inconsistent [to say the least] and a real pain to get to and from Bury St Edmunds [especially with fuel where it is]. Looking forward to going to the gardens and Welford Rd - proper rugby grounds with a proper rugby atmosphere”
Doubt it’s the only one.
EssexWasp 29 July, 2022 07:51
I haven't renewed my ST - poor fan experience at the stadium, team inconsistent [to say the least] and a real pain to get to and from Bury St Edmunds [especially with fuel where it is]. Looking forward to going to the gardens and Welford Rd - proper rugby grounds with a proper rugby atmosphere”
Doubt it’s the only one.
Liquid Gold
Well-Known Member
Is there no bondholders regulator or anything that can force them to pay back or at least gain bondholder approval for this constant delay?
Seems mad that you can raise finance like this then just not pay it back.
Seems mad that you can raise finance like this then just not pay it back.
Grendel
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Yes I’d assume the trustees
Liquid Gold
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fernandopartridge
Well-Known Member
The failure to deliver the work to make the Arena ready for the games that they were granted money for is an absolute scandal which the local media just seem so blasé about.
How embarrassing that at Coventry's chance to represent itself in a major sporting event they've got a temporary gazebo!
How embarrassing that at Coventry's chance to represent itself in a major sporting event they've got a temporary gazebo!
covcity4life
Well-Known Member
How weird I decided to check this thread first time in weeks today's at a time an announcement is expected
Good omen I hope
Good omen I hope
MalcSB
Well-Known Member
I understand that a significant proportion of the bondholders (requiring organisation) need to instruct the trustees to act. The trustees themselves require indemnifying against the costs of such action. Looks like the majority of the bondholders are, so far, nervously sitting tight hoping for a favourable outcome - action could crystallise their losses.
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fernandopartridge
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The roof has been done on that side but its clad with decals. Not sure it's £5m worth.
What about the new hall that was for Judo, has that been done?
Look at the state of the place, it needs a good clean. The most basic of maintenance has just been left by both Wasps and Higgs/Council who owned it previously.
jordan210
Well-Known Member
The roof has been done on that side but its clad with decals. Not sure it's £5m worth.
What about the new hall that was for Judo, has that been done?
At least it looks roughly like they said !
Why is the decal from London 2012 still up ?
chiefdave
Well-Known Member
Shit like this happens to Wasps but seemingly nobody else. Remember when they wanted to a build a hotel? Planning permission turned down for a hotel about 250m away then gave Wasps a lease on the car park because we urgently needed a hotel for City of Culture.
Nick
Administrator
Again, the Telegraph weren't too keen on digging very deep on it.
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jordan210
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Will that hotel be ready for the city of culture
It will Bradford 2025!
D
Deleted member 5849
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By which point Wasps are playing at Odsal?
The lease actually went to a Richardson personal company not WASPS. Asset shifting?
I understand that a significant proportion of the bondholders (requiring organisation) need to instruct the trustees to act. The trustees themselves require indemnifying against the costs of such action. Looks like the majority of the bondholders are, so far, nervously sitting tight hoping for a favourable outcome - action could crystallise their losses.
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It requires 25% of bondholder value to get Trustee to act But the bondholders have not told how they get to that 25% as the Registet is not public
HuckerbyDublinWhelan
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He’ll be spending 3 months looking for Wasps’ premier league golden share
Kneeza
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Way too big.