HuckerbyDublinWhelan
Well-Known Member
Slowpokes good news before Xmas confirms - bezos is buying us
Slowpokes good news before Xmas confirms - bezos is buying usCan’t we give Jeff Bezos a ring he’s just announce he is giving most of his £124 billion away.
How's that?
The bloke is all over the shop.
The bloke is all over the shop.
"No funding into Wasps"
"It wasn't about that, it was about the wider issue of the arena"
Reeves "doesn't know" if Richardson will still be involved
He also drops Duggins in it multiple times by saying Duggins knows things he has claimed he doesn't.
He is saying that people haven't asked about "discussions" and that they have only asked about "formal requests for funding".
What a c**t.
I thought Duggins was bad at interviews, that's a shocker. Can't keep his answers straight from one question to the next.
The bloke is all over the shop.
"No funding into Wasps"
"It wasn't about that, it was about the wider issue of the arena"
Looks like the Bondholders could do worse than find an alternative partner.
The fact is company number 04187289 (Wasps) has gone (think of it as just a company number for a minute) and the creditors of the group (including Richardson) want the proceeds of the sale of the Arena Lease.
The Bondholders are in the strongest position because they have security (which is being argued but I still think is strong. I get criticism on here but DGAF. Let me explain: it was sold as being secure but there were loopholes. Think PPI - was sold as one thing and it was ruled the sale was misleading. Nothing is straightforward in commercial law).
It smells of a strong-arming. “Accept this or you’ll get nothing”
“The lease will revert to CCC”.
Who is going to blink first?
Reeves "doesn't know" if Richardson will still be involved
He also drops Duggins in it multiple times by saying Duggins knows things he has claimed he doesn't.
He is saying that people haven't asked about "discussions" and that they have only asked about "formal requests for funding".
What a c**t.
Keep seeing comments that 'Mike Ashley will have done his due diligence' too. The same guy who openly admits he did 0 due diligence when he took over Newcastle and was completely surprised to find them 100M in debt!I'm not convinced he would be. Wasps were broke and realised they needed us here, same can't be said of Ashley.
Without knowing his motives for buying the stadium how he will act as a landlord is very much an unknown.
He doesn't seem to have involvement in similar businesses we can look to as a guide
I can’t see any mays at all.Lots of "Mays"
Would depend on a Court to decide - if necessary - CCC might not object
The full interview Trish Adudu - Council chief executive defends handling of Wasps bailout talks - BBC Sounds
spin spin defect and spin
As a small aside, when SISU took us over they found a large tax bill they had to pay off, that they weren't expecting. It's partly why we only got one Freddie Eastwood, rather than two or three of them.Keep seeing comments that 'Mike Ashley will have done his due diligence' too. The same guy who openly admits he did 0 due diligence when he took over Newcastle and was completely surprised to find them 100M in debt!
Keep seeing comments that 'Mike Ashley will have done his due diligence' too. The same guy who openly admits he did 0 due diligence when he took over Newcastle and was completely surprised to find them 100M in debt!
Remember though - it’s conspiratorial to suggest the council are involved.
Robins just needs to get him down the pub fast
Inside story of Mike Ashley offering eight-year Pardew contract in nightclub
Alan Pardew and his coaching staff landed eight year contracts after storming to fifth place, stunning rival managers. Now the full story of the boozy Friday night when Ashley made his generous move is told...www.mirror.co.uk
I can’t see any mays at all.
Reeves "doesn't know" if Richardson will still be involved
He also drops Duggins in it multiple times by saying Duggins knows things he has claimed he doesn't.
He is saying that people haven't asked about "discussions" and that they have only asked about "formal requests for funding".
What a c**t.
Yeah, he keeps saying formal requests when asked about discussions too.He slips up in the last sentence about tax pays money.
He says he has never committed formally. So he clearly has had informal conversations about it.
I can’t see any mays at all.
They worked to get games on because it kept ACL from going under.They will never allow CCFC to have ownership of the stadium.
Him and Duggins both always saying that they are working above and beyond to keep CCFC as TENANTS. Why can’t they understand that CCFC owning their own stadium is massive for our future.
Bunch of absolute pricks.
The bloke is all over the shop.
"No funding into Wasps"
"It wasn't about that, it was about the wider issue of the arena"
Ive cleaned my specs and I wiIl give you that there is one “may not“ and one “may” - but not lots of mays. The council may choose not to forfeit the lease, but if they do then the bondholders would have to challenge the forfeiture, if the bondholders lost that challenge, the mays in red would become wills.Specsavers?
If forfeiture was to take place prior to maturity of the Bonds, then U.S. Bank Trustees Limited, the entity that will hold the security on behalf of Bondholders, may not be in a position to assign the Head Lease for value in the event CCC forfeited the lease as described in the preceding paragraph. This may have an impact on the Bondholders’ ability to receive full repayment of their investment in the Bonds on the occurrence of such an insolvency event...
If - leads to May
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