chiefdave
Well-Known Member
The history of this whole saga tells you that when stuff like this is rumoured and there's no denial, even if not official then through sympathetic media like Bridge, its likely true.
If the WMCA approach wasn't linked to refinancing the bond we'd have heard by now, the deafening silence says a lot. It follows a pattern.
Why do you think there's such a delay? Assume you don't think Vaughn has been outright lying so its clear there is an issue. Due dillegane in something like this should be quick, all the lenders need to know is the security offered covers the amount being loaned so it is highly likely that is the issue.
The requirement for significant maintenance has been an open secret for several years now as are Wasps financial issues and inability to pay for things themselves. Look at the work being done under the guise of the Commonwealth Games, why aren't Wasps paying? No other similar venue is being given millions.
Look at the training ground, went from state of the art new facility, to taking over the Higgs, to sharing with Old Leamingtonians to moving into an existing college facility miles away, clearly a cheap option and a long way from what was initially promised.
Sometimes if it walks like a duck and quacks like a duck it is actually a duck.