Wait, does that mean they spent £13m on the repairs but didn't pay OR it means it needs £13m still?
Good job we didn’t let SISU have the arena…W@$ps literally loaded all their debt onto the stadium so they could resurrect so much easier.
W@nkers.
If we buy it - can we now make that request?I think the work needs doing, isn't £13m what they asked WMCA for?
This will only make it more heartbreaking when they play at the Bescot tomoz!
Not necessarily. You could offer say £2 million and then when the sums are done the debtors would get x% to the pound they are owed. Sounds like that could be a really low number.Won’t the offer be a percentage of the debt owed to the debtors??
Good keeping everyone updated
How the hell can a stadium that cost 56/57 million need a min of 13 m of repairs after 17 years? Refurb would be understandable ( not 13m worth!!)Wait, does that mean they spent £13m on the repairs but didn't pay OR it means it needs £13m still?
Unless they've procured the works the £13m of work needed is not debt at all, it has nothing to do with the administration.
Unless they're in breach of some lease obligations on maintenance?
A bit like a double glazing salesman saying you need to replace all your windows in your house with our ultra expensive ones.Unless they've procured the works the £13m of work needed is not debt at all, it has nothing to do with the administration.
Unless they're in breach of some lease obligations on maintenance?
Nah wouldn’t have thought so, admin shouldn’t be an issue, it’s when it’s liquidated the issues start. Ideally we need to limp to the World Cup - the it can be liquidatedAlso, could the update from the club mean ACL are somehow avoiding Administration today and have another extension?
Probably just spoke to the administrator?Also, could the update from the club mean ACL are somehow avoiding Administration today and have another extension?
... whilst exchanging contracts & handing over keys...Probably just spoke to the administrator?
Only liquidation means we can't play at the arenaAlso, could the update from the club mean ACL are somehow avoiding Administration today and have another extension?
So the Parasites literally spent no money on the bonds, no money on upkeep of their new home, not enough money to HMRC, not enough money to their suppliers.
So all they spent their money on was the rugby side of things and they failed to achieve anything? Wow.
Oh, and flags. They bought lots of flags. That'll explain it.
Only liquidation means we can't play at the arena
They'd be quicker than my bloody conveyancers then. Worth £35mil just for that!... whilst exchanging contracts & handing over keys...
Won’t the offer be a percentage of the debt owed to the debtors??
Waterlogged pitch.Why?
Waterlogged pitch.
ooooof
Chris ReaWe all knew there was significant repair work was needed even if it was yet another thing the Wasps supporters kept insisting we had made up.
Anyone bidding is obviously going to factor that in to their offer.
No way Ashley is bidding for the stadium and not considering the football club at the same time. Who is the other bidder besides SISU and NEC?
Hope there's an extension until the WC break and then they get something a bit longer term sorted while that's going on.Looks like a short extension to get deal done to me. Nothing going to happen today but reasonable to expect game Tuesday at the cbs
Good job we didn’t let SISU have the arena…
What a great success
Good job we didn’t let SISU have the arena…
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