HuckerbyDublinWhelan
Well-Known Member
Going to be questionable when payback time comes though isn’t it
CBS issues (3 Viewers)
- Thread starter pusbccfc
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Grendel
Well-Known Member
I think Richardson is a property developer and not a rugby fan so it’s not related in truth
Nick
Administrator
Yeah but I mean from them.
slowpoke
Well-Known Member
It’s called business Nick, don’t laugh, and is a loan not a grant, there is this, not in my eyes, prestigious Rugby League World Cup game coming up in October and illustrates Andy Streets interest. that has to happen I assume Wasps have gone cap in hand to Street.
I would hope there is stipulation regarding this pitch issue, there will have to be and to be honest although a £12 million loan stinks to high heaven something needs to happen to jolt this pitch situation into action and quick.
Sky Blue Pete
Well-Known Member
I’m told this relates to the hotel on car park c
shmmeee
Well-Known Member
Not sure if this is the right place for this but just saw on twitter someone highlighting the agenda from the West Midlands Combined Authority meeting yesterday. Within the pack at Agenda item 7 it reads as if Wasps have been granted a £12m loan.
Looks like they haven’t touched it either. What’s the loan for? Surely some of that could go to the pitch?
Grendel
Well-Known Member
because it’s car park c
MalcSB
Well-Known Member
How tall are you?
Sky Blue Pete
Well-Known Member
By grendel
Liquid Gold
Well-Known Member
If he wants a hotel he can pay for a hotel himself.
He’s received more public funds than track and trace.
He’s received more public funds than track and trace.
MalcSB
Well-Known Member
It would be a loan which would need to be repaid and it may be to Moonstone not wasps. Given it was granted before the current wasps financial fiasco and work hasn’t started it may never get transferred and remain unused.
skyblueinswansea
Well-Known Member
Nick
Administrator
None of those shitty pathetic yellow cards, thanks.
MusicDating
Euro 2016 Prediction League Champion!!
Looks like Wasps also tried to get funding for themselves and Hollywood Gaming to provide 'Spatial Audio' at the Ricoh...
The guy from JLR - 'NS pointed out that this is a commercial transaction between to companies that are looking for possible financial support for a proof of concept that they would benefit from commercially, questioning what is the role of the LEP in facilitating funding for this?'
Evo1883
Well-Known Member
Unbelievable , buy simply not surprising anymore
MalcSB
Well-Known Member
They are not getting it. it’s a loan for the hotel That’s not been built yet.
Evo1883
Well-Known Member
Ah OK
Still , just punched my begonia and roundhouse kicked my hydrangea, which is unfortunate
Nick
Administrator
Whats that? Spatial Audio?
shmmeee
Well-Known Member
I’ve got some secateurs you can borrow if you’re that desperate mate.
shmmeee
Well-Known Member
like surround sound in 3D. Basically fitting a fancy sound system I’d guess.
Nick
Administrator
Ah yeah I got that bit but didn't know how that would work with Wasps.
Unless it was for a function room etc etc.
shmmeee
Well-Known Member
Maybe they’re making it so you don’t miss the electric Wasps atmosphere when you’re in the posh seats.
Or actually maybe they’re going for more realistic piped crowd noise
chiefdave
Well-Known Member
Surely that must have expired by now. The excuse for the council rushing everything through was a hotel was needed for City of Culture. That's been and gone, as has the CWG, with seemingly zero progress.
Why would Richardson get a loan for that anyway, if he wants to build a hotel and profit from it shouldn't he be paying. Not like there isn't other people trying to build hotels in the area who have been turned down.
shmmeee
Well-Known Member
Are the minutes online? This is the sort of use of public funds I don’t get. I can almost understand somewhere like Coombe Abbey which has intrinsic value to the area. But this seems to be just a straight forward commercial venture which as you say other actors are willing and able to execute without help, why the need for funding?
This sort of money should be going towards infrastructure and decent employers, not 50 NMW jobs turning down beds. Same as the need to attract hotels to the centre, surely the point is you build somewhere that creates demand and the hotels build themselves?
MusicDating
Euro 2016 Prediction League Champion!!
Yup, Wasps simply don't seem too keen on paying for anything for themselves -
Ricoh Arena Renewal | CWLEP
www.cwlep.com
Funding: Local Growth Fund: £310,000 / Growing Places: £1,095,000 / Getting Building Fund: £3,600,000 / Match Funding: £1,050,000
Delaware paid for the vast majority of the Anecdote bar work too.
They often have specials on newsbeat on BBCR1. Great that this is getting so much attention.
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AOM
Well-Known Member
From far away it actually doesn't look too bad, but how it looks up close is the problem I guess.
Or if after 5 minutes of football, it's just going to pull up again
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Doesn't look great. Think they are probably letting it grow as much as possible then cutting later this week so will be interesting to see after it's cut
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