torchomatic
Well-Known Member
Emergency Attendance Day
Does make you wonder about convenient tax demand allegedly.The group representing 10% of bondholders who had asked the Trustee to organise an EGM have asked the Trustee to put that process on hold since the Notice of Intent to appoint an administrator. Given it was going to take 5 weeks plus to actually hold the meeting, I think they will have lost any initiative they may have been able to take advantage of.
Given the inertia in the notification system ( it seems to take 2 weeks or so for updates to be sent through by brokers), if there is any chance to reject Wasps choice of administrators and appoint their own, this could easily be lost which will work against them. Had the EGM gone ahead, they would have been at least some way down the road to having a bondholder agreed position prepared.
The Trustee seems ineffective and unwilling to take any independent action, to a point which would make an independent observer wonder whose interests he is protecting _ bondholders or Wasps.
As you said, bondholders were getting their shit together to be proactive. To mix metaphors, they have now dropped the ball.
That buyout must be imminent then.
There is zero need to shut down an online shop because you're moving warehouses. Just put a note on there that shipping will be delayed x number of days.Club shop still down!
no it's notClub shop still down!
I'm just going off the link that was put up yesterdayno it's not
The land of self delusion known as Shugs claims wasps core support is already at 50% of Ccfc support despite being new in the area
hadn't even registered with me that it was Northampton and a good chunk of those very few ticket sales would be away fans.Somebody should show them the sales so far
Oh the old Deliah Smith technique.hadn't even registered with me that it was Northampton and a good chunk of those very few ticket sales would be away fans.
To be fair - going off their stats they average what 6k? Our core is effectively 14k atm so it’s not far offThe land of self delusion known as Shugs claims wasps core support is already at 50% of Ccfc support despite being new in the area
Wow 92 likes and 14 retweet….. what a marketing campaign. They won’t even cover Bobby’s free pies….hadn't even registered with me that it was Northampton and a good chunk of those very few ticket sales would be away fans.
That is pathetic. Rugby Union is like watching paint dry -as a spectator sport it is Rank. The people who had freebies will surely realise this? I hope they have another low attendance from the home ‘fans’.Somebody should show them the sales so far
I think there is a very good chance the crowd could be zero, but knowing Wasps they will still say there were 9000 in attendance even though they aren’t playing today.Going to be interesting what they class the attendance as today. As will be based on tickets sold/given out again rather than actual gate number
nothing to do with the losses for years and over spending. Allways covid
I think there is a very good chance the crowd could be zero, but knowing Wasps they will still say there were 9000 in attendance even though they aren’t playing today.
They don't get it.
nothing to do with the losses for years and over spending. Allways covid
As I've said before, they have paid people/players with money they haven't got, and other peoples money!They don't get it.
They are also in a mess (as they were pre-COVID) because they " reached for the stars" that were realistically out of reach. Even clubs with properly rich owners haven't taken on such a risky project. Even a similar project in their original home would have been risky.
A large part of their debt problem was taking on this bond which wasn't advancing the business but repaying their owner.
It wasn't a 35 million investment in the future it was clearing debt with the council and their owner.
Yeah it's like they just listen to their pr and just repeat itThe delusion from some of the rugby journos and ex players is quite something..They lost nearly £3m back in 2008.
That is unfair.That is pathetic. Rugby Union is like watching paint dry -as a spectator sport it is Rank. The people who had freebies will surely realise this? I hope they have another low attendance from the home ‘fans’.
Maybe harsh. But having spectated from one end of the ground, it make for a less exciting spectacle than football. I can understand why you may enjoy watching Cov Rugby. Easier supporting Cov.That is unfair.
I enjoy watching RU at the Butts.
I also like test cricket (watching paint dry is sometimes an apt comparison, but I still enjoy it).
I want Wasps gone as much as the next person, but please don't conflate rugby union as a sport with Wasps as an entity.
If you want lots of action and 'goals', go and watch basketball.
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