O oldfiver Well-Known Member Jun 18, 2023 #141 Wasps to pay back £13.4m Ricoh Arena council loan "within days" Club insists bond scheme which raised £35m is not to help owner shift personal financial risk onto investors www.coventrytelegraph.net So ACL had a secured loan with CCC which was interest bearing In order to get DRs loan repaid plus Close plus working capital they had to repay the loan to lift the charge
Wasps to pay back £13.4m Ricoh Arena council loan "within days" Club insists bond scheme which raised £35m is not to help owner shift personal financial risk onto investors www.coventrytelegraph.net So ACL had a secured loan with CCC which was interest bearing In order to get DRs loan repaid plus Close plus working capital they had to repay the loan to lift the charge