Nick
Administrator
Is that why you didn't use a bank?
Is that why you didn't use a bank?Come on. Any mortgage can only be paid with future income. The Bank weighs up whether you might lose your job. That is future income.
Now, when a Bank provides acquisition finance, it calculates it's lending on what the combined business should be able to service - projected income (or cash flow lend).
and a Bank would look at asset value and projected asset value. A bank would also look at projected cash flow. A stadium with no anchor team has minimal cash flow to service a debt. A stadium with an anchor tenant has cash flow. But projected cash flow.
so, projected cash flow is something a bank will lend against.
and if you look at the Prospectus, it is the business growth that people are buying in to not the current numbers
Now, when a Bank provides acquisition finance, it calculates it's lending on what the combined business should be able to service - projected income (or cash flow lend).
and a Bank would look at asset value and projected asset value. A bank would also look at projected cash flow. A stadium with no anchor team has minimal cash flow to service a debt. A stadium with an anchor tenant has cash flow. But projected cash flow.
One of the best !!
Why is the dullard, 'intheknow' even allowed to bore us to death with his pro-Wasps drivel? He is good for a laugh granted, but the less places he is able to come out with his bullshit the better.
Posters who have gone onto the wasps forum and said anything negative about wasps pitching up in Coventry have been instantly banned.
Not just people who have signed up since the move either. I was taking a look at their forum a while back and there was comments that long time posters had been banned for daring to speak out against the move to Coventry.
I managed I think 30 posts before being booted off
Evidently 30 bullshit posts and you are out !!!
Evidently 30 bullshit posts and you are out !!!
Evidently 30 bullshit posts and you are out !!!
Of course not, although I am sure it would be ok if it was banning anybody who didn't agree with them.Actually if you look on their forum there's been people complaining that anyone who has said anything against the move to Cov or the bond issue has been banned. The equivalent would be Nick banning anyone who said anything against SISU or their new stadium, sure you wouldn't support that kind of censorship.
Actually if you look on their forum there's been people complaining that anyone who has said anything against the move to Cov or the bond issue has been banned. The equivalent would be Nick banning anyone who said anything against SISU or their new stadium, sure you wouldn't support that kind of censorship.
Actually if you look on their forum there's been people complaining that anyone who has said anything against the move to Cov or the bond issue has been banned. The equivalent would be Nick banning anyone who said anything against SISU or their new stadium, sure you wouldn't support that kind of censorship.
I did as well and noticed most threads were quite sympathetic to our situation but a poster came on just to inflame the situation by calling them franchise supporters and getting quite insulting.
Without insulting back they politely asked the administrator to intervene. I guess there were about 30 inflammable posts !!
well they do say the truth hurts.
Sent from my iPhone using Tapatalk - so please excuse any spelling or grammar errors
There are ways of debating and putting over your case but insulting posters usually means you are loosing !!
Aha, so you consider it an insult to class Wasps as a franchise?
More like they were insulting Wasps fans because Wasps are here. Poor show really.
Surely if you support a franchise side, you are happy to be called a franchise fan?
It's not an insult if you approve of franchising.
So go on the site and insult them ?
How does it help ? Sad really, but hey the power of the keyboard.
I did as well and noticed most threads were quite sympathetic to our situation but a poster came on just to inflame the situation by calling them franchise supporters and getting quite insulting.
Without insulting back they politely asked the administrator to intervene. I guess there were about 30 inflammatory posts and then they stopped !!
What was the poster called?
So go on the site and insult them ?
How does it help ? Sad really, but hey the power of the keyboard.
Wait, so somebody said they were franchise fans? Can't remember you having issues when we went to Sixfields and the abuse then, oh wait you were slagging off people from Northampton (locals) to went to watch CCFC there.
Never abused anyone for going to six fields.
Unless explaining to them that going was supporting Sisu plan is an insult?
It must be if you find people saying Wasps Fans support a franchise insulting.
I said they were saying they were supporting franchising AND insulting them. Are you just acting dim?
If your daft enough to go and support Coventry Cobblers and think its CCFC then that's okay.
I'm an arsehole
I did as well and noticed most threads were quite sympathetic to our situation but a poster came on just to inflame the situation by calling them franchise supporters and getting quite insulting.
Without insulting back they politely asked the administrator to intervene. I guess there were about 30 inflammatory posts and then they stopped !!
That said I would have no issue with the likes of intheknow or others who are clearly not fans being banned.
Put your views over, explain the logic but don't abuse someone because they disagree with that view and vice versa.
If they persist with insults they should be warned first and then perhaps taken off for a few weeks.
For once I agree with youI'm an arsehole
'I'm on a roll' or was it I'm an arsehole ?
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