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Wasps paid 5.77m for acl group. As said above they moved the loan liability included on acl from ccc to the bond that is not an purchase cost as it was already within acl and still is The 5.77m was not the value of the lease or stadium it was the sale of the shares of acl. They acquired all...

Not sure to be honest I doubt it can be exactly the same plan as they had in 2014. The financial world has changed greatly. Luckily not my problem

They didn't know that in 2013 or 2014 did they though Perhaps a short term agreement may have been possible but the people looking at what they thought was best for wasps in 2013 and 2014 do not or did not share the same view as this forum. You have to assume that at the time they thought...

Cheers CD But as we know fans don't make decisions and I still don't think the timing worked. I think they would have been in the championship by now at best because they wouldn't have funding to compete They couldn't wait 6 to 8 years

it is certainly a problem yes................... but perhaps thats why the complaint is there in the first place?

Yes thanks all safe & well. Hope you are too. Been busy trying to help clients through

They still rely on Richardson to keep them afloat, but we do not know his financial wealth or access to funds. We are basing it on his disposal in 2010. But i dont think he is super rich to be able to keep shelling out

They had to put the Bond statement out. I dont think that you have to a financial whizz kid to realise that the profits would be down following months of closure. Or that post Covid19 lockdown that the stadium value and Premiership league shares value would have likely reduced. Or that the...

Now dont misunderstand me i never wanted wasps here and their financials are a mess. It is easy to look at it with hindsight but at the time was Brentford even an option? If we accept that wasps were looking to move well before October 2014 when they moved to Coventry then you have to accept...

Not due until March 2021 - personally cannot see that it will be the current £51m in the 2019 financials

EU prioritise cases, and give only a guidance that it should respond within 12 months. It is not something written in stone. Given everything else going on i would think the Ricoh Arena is well down the list of cases in priority

Given the current health situation and the up and coming problems with Brexit i would be surprised if SISU are pushing that hard to acquire a site let alone put in planning then start building. The economic case to build a stadium has taken a hit, certainly until the world gets to grips with...

The guarantors of the Bond issue are ACL 2006 ACL Wasps Finance Wasps Holdings There is nothing in the prospectus or the registered charge that says Moonstone or Richardson have guaranteed the bond. (Source Companies House and the prospectus document) Richardson is exposed to risk with...

I would think the lease could be sold. It would have to be sold at market value. They could for example sell in a lease back arrangement, often done by selling to a pension scheme. Last valuation was £51m 31/03/2019. I wouldn't think that in current circumstances it is still worth as much The...

Thought there was already the basis of a deal ready to go except for the indemnity scuppering it. I assume that means it was commercially agreeable to all if so. It might need tweeking but surely that isn't too hard to do The indemnity is still an issue. The egos and objectives of the two...

The basic nature of the SISU involvement in CCFC has not changed. They are not owners in the normal sporting sense (ego, passion, lack of common sense, money to throw away etc) they are investors. They are looking, and always have looked, to maximise their investment return. That investment...

Excellent news, how it happened might be a little unusual but CCFC, we, deserve the promotion Well done Mark Robins and the all at the club. PUSBs !!!! Onward and upward

From the London stock exchange website Value of trades January 18m February 8m March 10m It's not they have not been bought or sold at all.

always liked the sound of his own voice, rarely said anything worth listening to

a possibility, as is Derek Richardson and his associates doing the same thing. I would think he must own some. At a price of 40p in the £ you get the whole lot for £14m. It could relieve some of the finance pressure, may be ease the refinancing too if he owned/controlled nearly the whole lot at...