vow
Well-Known Member
Arrrghh, no more please!!
Coventry vs Wasps. Wasps vs Coventry. It works fine.
Arrrghh, no more please!!Coventry beat Wasps, Wasps lose to Coventry. That works even better.
This is the application form: https://planningportal.rugby.gov.uk/fastweb_upload/Planning Scanned Applications/R19-0415/ApplicationFormNoPersonalData.pdf
States they have had pre-discussions with Warwick District Council over the Leamington site and will submit the application later this year.
I think this might actually happen tbh, suspect the windfall from CVC will be used and that the new training ground will be combined with the Ricoh to try and secure the next bond.
Interesting to see the Applicant is a former City Council employee, Barry Butterworth. It appears Barry was a long standing Council employee in the City Development Directorate but at some point from 2015 became development manager at Wasps Holdings. That's convenient.
Amazingly his involvement somehow seems to go all the way back to the national stadium idea in 2001..!
Let's have national stadium
https://citywire.co.uk/wealth-manager/news/fca-launches-probe-into-wasps-rugby-club/a1220168
Reckon the Telegraph will mention it?
Weren't the auditors at the time summarily sacked after the error was discovered?
The Financial Conduct Authority’s scrutiny comes after the 152-year old Premiership club admitted to creditors in late 2017 that it had overstated its earnings, breaching covenants on a £35m retail bond, and its auditors, PwC, stepped down after finding “falsified” information.
Weren't the auditors at the time summarily sacked after the error was discovered?
Factually speaking the answer is "no" there are regulations to prevent that happening without following a procedure
They would also to notify the FRC with reasons
So PWC resigned and this letter was sent
View attachment 11944
I can understand them not knowing things, although maybe not something as recent and directly related to their club as this. But their attitude is really strange. They disparage the likes of this forum while firing out false 'facts'.It's madness how much they really don't seem to understand from things yet are so opinionated.
It's as if they completely ignore things.
It's worse than false facts, they've completely turned the facts around to their benefit. In their mind it's gone from auditors quoting after seeing falsified information in accounts to auditors being sacked after failing to to their job. Doublethink.I can understand them not knowing things, although maybe not something as recent and directly related to their club as this. But their attitude is really strange. They disparage the likes of this forum while firing out false 'facts'.
It's worse than false facts, they've completely turned the facts around to their benefit. In their mind it's gone from auditors quoting after seeing falsified information in accounts to auditors being sacked after failing to to their job. Doublethink.
It must just be the weird anti-sisu cov based fans that are doing it. I can't imagine why established fans that have seen their club struggle, nearly go bust and have to share would be like that.Yeah, it's blaming the auditors for the falsified evidence and then giving it the "they were sacked because of this mistake".
It is pretty strange, it's no wonder they believe so much shite they are told.
Same as when Rugby Journalists were saying players were going to leave and it was just made up by Les Reid.
The auditors resigned didn't they? Did Wasps try to sack them first?
It will have been brought to the FCA attention by the auditors we parted company with - it is their duty to advise of irregularities. Amazing how long it has taken. Can't think there will be much in it as it was legally corrected and the replacement auditor found nothing out of or order last time.
It is with a heavy heart and deep regret that we have to announce that Soundscape has been cancelled.
Unfortunately the event’s major investors who had been in place since last year recently pulled out.
This has put immense financial pressure on the festival.
Overcoming these financial setbacks while trying to develop a new festival has become too much to bear and we have been forced to cancel.
All ticket holders will be notified via details given at the time of purchase.
Tickets bought via Ticketmaster, Ricoh Arena, Ticket Factory, Gigantic and Fest Tickets will be refunded immediately.
Any-one else who purchased tickets are advised to contact their bank or credit card provider for a refund.
We are extremely disappointed to be in this situation but under the circumstances in which we find ourselves, it is not possible to continue trading.
The Soundscape Team.
There was some incompetence from the Wasps accounting team but PWC auditors didn't spot it first time round, which was equally as incompetent on their part. When they audited a year later someone did the due diligence and flagged it but by then it was too late to rectify. as the previous year's accounts had been closed. Wasps decided to give PWC the bullet so it was @#$%& for tat really.
Personally I hope they go out of business and their real fans start a phoenix club.I have to say, I'm finding this all rather amusing.
I feel sorry for the real Wasps fans from down in London but other than that, it's nice to see things start to unravel....
Fisher!I wonder who reported them to the FCA?
Wonder if any of the acts booked for the soundscape festival will now show up at the Godiva. Who were the major investors i wonder ?
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