Wasps downward spiral... (76 Viewers)

[shepardo01]

 

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[Seamus1]

If this were SISU and CCFC, this would be at the top of the Telegraph website. But instead it’s been tucked away, half way down the page after an article about killing flies with a 55p ‘hack’!

 

[clint van damme]

If this were SISU and CCFC, this would be at the top of the Telegraph website. But instead it’s been tucked away, half way down the page after an article about killing flies with a 55p ‘hack’!

To be fair, that fly hack sounds decent!

 

[jordan210]

The wording picked up by Gilbert is quite insightful.

 

[chiefdave]

When Simon could could that include the WMCA why does it make me think that he has some information that it does

 

[Nick]

Bridge copies and pastes their statement into an article.

 

[chiefdave]

Bridge copies and pastes their statement into an article.

Don't even have to make it all the way through the first paragraph before its spin. When he talks about what the bonds were for no mention of paying millions back to Richardson

 

[ccfcchris]

The noose is still tightening but the end game is still some distance away I feel. HSBC is still prepared to loan them money if the repairs to the stadium get sorted assuming that is the hold-up.

We must assume they feel they're a viable proposition if the above is sorted.

It's still only a matter of time unless they come up with fantastic business plans for the CBS Arena to subsidise the Rugby side.

 

[oldfiver]

The noose is still tightening but the end game is still some distance away I feel. HSBC is still prepared to loan them money if the repairs to the stadium get sorted assuming that is the hold-up.

We must assume they feel they're a viable proposition if the above is sorted.

It's still only a matter of time unless they come up with fantastic business plans for the CBS Arena to subsidise the Rugby side.

If they can clear nearly £14m of a £35m loan - they don't need a fantastic business plan!

 

[Sky Blue Pete]

It seems pretty clear the refinancing is dependent on the public money. Why won’t anyone confirm it?

 

[Sky Blue Pete]

If they can clear nearly £14m of a £35m loan - they don't need a fantastic business plan!

Sisu should seek a meeting with Martin to say they are happy to take on the stadium so he doesn’t need to be overly worried

 

[Dubai-Dodger]

It seems pretty clear the refinancing is dependent on the public money. Why won’t anyone confirm it?

Is it clear ? What makes you say that ? ….. perhaps nobody will confirm it because it’s not correct. Although im sure everyone will say im wrong

 

[Nick]

Is it clear ? What makes you say that ? ….. perhaps nobody will confirm it because it’s not correct. Although im sure everyone will say im wrong

The fact they are delaying again and again and are still waiting on the decision about the bailout.

Pretty obvious really.

 

[mr_monkey]

Is it clear ? What makes you say that ? ….. perhaps nobody will confirm it because it’s not correct. Although im sure everyone will say im wrong

 

[ccfcchris]

If they can clear nearly £14m of a £35m loan - they don't need a fantastic business plan!

But they do over time surely as the Rugby side will never make money at CBS.

 

[Dubai-Dodger]

The fact they are delaying again and again and are still waiting on the decision about the bailout.

Pretty obvious really.

About as obvious as 2+2=5 but of course it suits your narrative to join the dots.

of course you could be right but the truth is you don’t know any more than I do.

 

[Dubai-Dodger]

The old ones are the best …..

 

[mr_monkey]

The old ones are the best …..

Yep like burying heads in sand

If the stuff Gilbert wrote wasn't true, wasps would have put a statement out denying it, they haven't so I think it's safe to say that it's all true and it doesnt take a genius to workout what is going on shuggs

 

[Nick]

About as obvious as 2+2=5 but of course it suits your narrative to join the dots.

of course you could be right but the truth is you don’t know any more than I do.

OK and when the info does come out and is presented to you, you will just move the goalposts to try and deny it again.

So what's the actual point?

 

[Liquid Gold]

About as obvious as 2+2=5 but of course it suits your narrative to join the dots.

of course you could be right but the truth is you don’t know any more than I do.

What is obvious is you’re too skint to pay your debts you fucking tramps.

 

[Sky Blue Pete]

Is it clear ? What makes you say that ? ….. perhaps nobody will confirm it because it’s not correct. Although im sure everyone will say im wrong

Ok what do you think the delay to the refinancing relates to?????

 

[Dubai-Dodger]

OK and when the info does come out and is presented to you, you will just move the goalposts to try and deny it again.

So what's the actual point?

when the info comes out of course I would accept it, the same way I accept anything factual but what I don’t accept is the 101 versions of the situation as written on SBT with one or two exceptions.

 

[Grendel]

About as obvious as 2+2=5 but of course it suits your narrative to join the dots.

of course you could be right but the truth is you don’t know any more than I do.

Well they’ve admitted that HSBC are only one funding source

 

[clint van damme]

Ok what do you think the delay to the refinancing relates to?????

Let me answer for you, I don't know, but neither do you, you might be right, you might not, no one knows - the clown.

 

[Sky Blue Pete]

Let me answer for you, I don't know, but neither do you, you might be right, you might not, no one knows - the clown.

Are there not only a couple of options though? Some less plausible than others

Facts
Bond delayed may
Bond delayed june
No actual date when bond will be refinanced

Very likely

Reeves has suggested behind the back of the council that wmca should loan or grant wasps £13m or they will go bust

Duggins has said no request has been made yet to the ccc

Most likely

Refinance dependent on something outside of wasps control

If its anything it’s 2+2 making 4 and a bit to put that together and say the refinance is dependent on the money from wmca. Or am I being thick

 

[Dubai-Dodger]

Ok what do you think the delay to the refinancing relates to?????

that’s the key word ‘think’ in other words speculate and thats all you are doing is speculating, which is fine but then many take it as fact which it’s not.

As for the cause of the delay, I don’t know it could be many reasons any of which would be speculation much the same as you are doing.

what I have agreed all along is the situation is concerning, clearly there are difficulties in refinancing but I don’t know any more than you do what this difficulties are.

I’m not burying my head in the sand just waiting for the true picture to emerge. Nothing wrong with that.

 

[Grendel]

Are there not only a couple of options though? Some less plausible than others

Facts
Bond delayed may
Bond delayed june
No actual date when bond will be refinanced

Very likely

Reeves has suggested behind the back of the council that wmca should loan or grant wasps £13m or they will go bust

Duggins has said no request has been made yet to the ccc

Most likely

Refinance dependent on something outside of wasps control

If its anything it’s 2+2 making 4 and a bit to put that together and say the refinance is dependent on the money from wmca. Or am I being thick

The other fact is the accounts are still not signed off

 

[Grendel]

that’s the key word ‘think’ in other words speculate and thats all you are doing is speculating, which is fine but then many take it as fact which it’s not.

As for the cause of the delay, I don’t know it could be many reasons any of which would be speculation much the same as you are doing.

what I have agreed all along is the situation is concerning, clearly there are difficulties in refinancing but I don’t know any more than you do what this difficulties are.

I’m not burying my head in the sand just waiting for the true picture to emerge. Nothing wrong with that.

Given that Vaughan has a difficulty with the truth it’s safe to say you won’t find out then will you

 

[clint van damme]

Are there not only a couple of options though? Some less plausible than others

Facts
Bond delayed may
Bond delayed june
No actual date when bond will be refinanced

Very likely

Reeves has suggested behind the back of the council that wmca should loan or grant wasps £13m or they will go bust

Duggins has said no request has been made yet to the ccc

Most likely

Refinance dependent on something outside of wasps control

If its anything it’s 2+2 making 4 and a bit to put that together and say the refinance is dependent on the money from wmca. Or am I being thick

it's clearly not good news, ands as much as he can bang on about things been spouted on SBT this portal has been more accurate than most in calling what's been going on in this saga correctly.
And the appearance of a wasps account is always a precursor to some fairly substantial event.

 

[Dubai-Dodger]

Are there not only a couple of options though? Some less plausible than others

Facts
Bond delayed may
Bond delayed june
No actual date when bond will be refinanced

Very likely

Reeves has suggested behind the back of the council that wmca should loan or grant wasps £13m or they will go bust

Duggins has said no request has been made yet to the ccc

Most likely

Refinance dependent on something outside of wasps control

If its anything it’s 2+2 making 4 and a bit to put that together and say the refinance is dependent on the money from wmca. Or am I being thick

No you’re not being thick…… the part I disagree with (which doesn’t come from you) is that the inference is being made that IF any money comes from WMCA that it would be used as a ‘bailout’ for the bond repayment, I just can’t see that happening and that would be plain wrong.

 

[Sky Blue Pete]

that’s the key word ‘think’ in other words speculate and thats all you are doing is speculating, which is fine but then many take it as fact which it’s not.

As for the cause of the delay, I don’t know it could be many reasons any of which would be speculation much the same as you are doing.

what I have agreed all along is the situation is concerning, clearly there are difficulties in refinancing but I don’t know any more than you do what this difficulties are.

I’m not burying my head in the sand just waiting for the true picture to emerge. Nothing wrong with that.

Speculate for me. There aren’t that many things it could be if you think about it

 

[Sky Blue Pete]

No you’re not being thick…… the part I disagree with (which doesn’t come from you) is that the inference is being made that IF any money comes from WMCA that it would be used as a ‘bailout’ for the bond repayment, I just can’t see that happening and that would be plain wrong.

It wouldn’t directly of course that would be wrong! But if it made the refinancing possible it would amount to the same thing

 

[Dubai-Dodger]

it's clearly not good news, ands as much as he can bang on about things been spouted on SBT this portal has been more accurate than most in calling what's been going on in this saga correctly.
And the appearance of a wasps account is always a precursor to some fairly substantial event.

The appearance of my account has nothing to do with any upcoming event …. Again you’ll believe what you want to believe. The account was registered by me more than 2 years ago.

I completely agree there have been some very accurate and rational posts on here, I would never deny that, but there is also a lot of tosh in between much the same as every forum.

 

[clint van damme]

No you’re not being thick…… the part I disagree with (which doesn’t come from you) is that the inference is being made that IF any money comes from WMCA that it would be used as a ‘bailout’ for the bond repayment, I just can’t see that happening and that would be plain wrong.

you really are a crackpot.

 

[Grendel]

No you’re not being thick…… the part I disagree with (which doesn’t come from you) is that the inference is being made that IF any money comes from WMCA that it would be used as a ‘bailout’ for the bond repayment, I just can’t see that happening and that would be plain wrong.

it won’t be but it’s not wild speculation that this has caused an issue and that without it they can’t actually re-fund

You and everyone on the wasps forum also do keep ignoring that no accounts have been signed off