I really can't see Wasps getting any grants, unless it's for essential infrastructure upgrades. Also don't see how they're going to get a lender to restructure their debts. I imagine come the deadline the can is going to be kicked down the road, with little to no information given to bondholders. Who knows what the end game is though.
Must be some twitching arseholes in greedy bond community.
My names Bond, defaulted Bond......
Re: Tell me why I don't like Sundays !! LolTell me why I don't like Sundays !! Lol new
Posted by: WelshRugbyfan (IP Logged)
Date: 27 July, 2022 17:38
Hi guys ! Just wondering why so many Sunday games this season .Cancelled trains and disruptions to normal train schedules caused by works on the track undertaken on the weekend, makes a fun day out at the Arena less likely these days !! The odd Sunday you can understand but three home games over September/October are all on a Sunday - just didn't see this coming !!
Re: Tell me why I don't like Sundays !! Lol new
Posted by: Warleywasp (IP Logged)
Date: 27 July, 2022 20:01
My views exactly. Let's hope the local supporters take up the seats
LOL
A bland, meaningless 'statement' telling their sweating bondholders that everything is in hand, I would imagine.so what are we expecting from the insects today?
wall of silence?
Payment?
Funding approved?
Is there no bondholders regulator or anything that can force them to pay back or at least gain bondholder approval for this constant delay?
Seems mad that you can raise finance like this then just not pay it back.
Have they given a reason for their inaction?Yes I’d assume the trustees
I understand that a significant proportion of the bondholders (requiring organisation) need to instruct the trustees to act. The trustees themselves require indemnifying against the costs of such action. Looks like the majority of the bondholders are, so far, nervously sitting tight hoping for a favourable outcome - action could crystallise their losses.Have they given a reason for their inaction?
Who appoints the trustees?
The roof has been done on that side but its clad with decals. Not sure it's £5m worth.
What about the new hall that was for Judo, has that been done?
The roof has been done on that side but its clad with decals. Not sure it's £5m worth.
What about the new hall that was for Judo, has that been done?
Shit like this happens to Wasps but seemingly nobody else. Remember when they wanted to a build a hotel? Planning permission turned down for a hotel about 250m away then gave Wasps a lease on the car park because we urgently needed a hotel for City of Culture.The failure to deliver the work to make the Arena ready for the games that they were granted money for is an absolute scandal which the local media just seem so blasé about.
How embarrassing that at Coventry's chance to represent itself in a major sporting event they've got a temporary gazebo!
Shit like this happens to Wasps but seemingly nobody else. Remember when they wanted to a build a hotel? Planning permission turned down for a hotel about 250m away then gave Wasps a lease on the car park because we urgently needed a hotel for City of Culture.
Shit like this happens to Wasps but seemingly nobody else. Remember when they wanted to a build a hotel? Planning permission turned down for a hotel about 250m away then gave Wasps a lease on the car park because we urgently needed a hotel for City of Culture.
Will that hotel be ready for the city of culture
By which point Wasps are playing at Odsal?It will Bradford 2025!
Shit like this happens to Wasps but seemingly nobody else. Remember when they wanted to a build a hotel? Planning permission turned down for a hotel about 250m away then gave Wasps a lease on the car park because we urgently needed a hotel for City of Culture.
I understand that a significant proportion of the bondholders (requiring organisation) need to instruct the trustees to act. The trustees themselves require indemnifying against the costs of such action. Looks like the majority of the bondholders are, so far, nervously sitting tight hoping for a favourable outcome - action could crystallise their losses.
He’ll be spending 3 months looking for Wasps’ premier league golden share
Way too big.By which point Wasps are playing at Odsal?
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