Club aims to raise £35m from bond (4 Viewers)
- Thread starter SkyBlue_Bear83
- Start date
A bond is a loan.
The differences in this case are the council had more security than the bond holders do due to the ambiguity of what happens to the lease if ACL go bust now, the council got 11% interest rate not 6.5%, the council received their money back in a repayment form rather than interest only (which may be an advantage or a disadvantage depending on your opinion), the loan is illiquid and can't be traded to others (which is a disadvantage obviously) whereas the bonds can be traded on the ORB stock exchange, the bonds have a slight advantage that you can keep them tax free in an ISA or SIPP but overall the council loan is a much much more attractive proposition than being a bond purchaser.
Why on earth do you not think their loan can be compared to the bond?
Edit- Sorry didn't respond to the second point, I didn't say it prevents ACL from going bust, it does mean there is almost no chance of it over the next few years though.
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SkyBlue_Bear83
Well-Known Member
Nice bunch the wasps fans...
http://m.rugbynetwork.net/boards/read/s96.htm?98,15215345
Sent from my iPhone using Tapatalk - so please excuse any spelling or grammar errors
Are they as nice as this Wasp fan though?
https://twitter.com/DelzanoUK/with_replies
black and yellow seats.. Love it. Don't need a cup final. Transition year. Next year is a proper season. Can't wait #bigclub
prove you went to crawley. I don't belive u. Small time fan at a small time dieing club.
well done on beating crawley to stay up.. lmao. What a joke!! #smallclub
lol.. Hardly battered. Playing poorly. Look how small the cov badges are #smallclub
SkyBlue_Bear83
Well-Known Member
tbf some at least acknowledge the impact of them being here, but its sort of brushed of with a well we've been through the shit so fuck em we deserve this. Then some refuse to even acknowledge the impact they will have.
I don't think it's the wasp fan that comes out of those exchanges looking bad. Who is @skybluemongs what an embarrassment. It's no wonder the wasps fan is giving him grief.
SkyBlue_Bear83
Well-Known Member
They both come across as cretins, I have no idea why you feel the need to defend the Wasps fan though.
Because if someone posted to me like that they would probably get worse back than he is giving, have you seen the constant tweets the guy gives to simon? I agree though neither of them looks good, but you were trying to criticise wasp fans with your post while linking to something that actually makes a Coventry fan look alot worse. It's completely foolish to pick on single people to mean anything anyway, there is going to be complete childish, angry idiots as every clubs fans be it football or Rugby.
SkyBlue_Bear83
Well-Known Member
The pair of them have been going at it for about 10 months now, quite funny actually reading it.
Yes they both look like imbeciles, still find it interesting how you immediately jumped to his defence though.
Grendel
Well-Known Member
And me. Very telling.
you only posted one side of it (the less significant side) as a way of making a point, had you posted both sides of it with don't these guys two look like idiots I'd have completely agreed with you but you didn't, you tried to mislead with half the information and so I put you right. Now instead of accepting that you try to make it look like I'm some sort of white knight for wasps when in reality im positive they have just as big of percentage of complete idiots as any other club including our own.
You've unmasked my secret identity as a wasps fan despite only being able to name one player (because he went to my school and his mum was my maths teacher (I think)). congratulations, I'm also a champion for their bond issue, despite telling people not to invest on the investment forum I post on. What a hero you are.
You and @skybluemong would make a lovely couple
SkyBlue_Bear83
Well-Known Member
The less significant side, based on what, your opinion? You're at it again, you can't help yourself but defend him.
I admit I didn't draw attention to skybluemong as I have a pro CCFC agenda, whats your excuse?
NorthernWisdom
Well-Known Member
The less significant side based on the fact he doesn't call people cunts in half his posts, if to you that is defending him then I'm defending him.
SkyBlue_Bear83
Well-Known Member
Yep you are, as to why you are I still have no idea.
Grendel
Well-Known Member
Because he is an idiot that's why. He is one the people who think "one in the eye" for sisu is the main priority. So Wasps being here is a big poke in the eye for them. What other forum would you find a poster defending a fan of a club that has infiltrated their city? Would Wasps be enjoying a cosy family friendly time at Eland Road or Upton Park? I think not as they have fans who just support the club and want anything else that stands in the clubs way to disappear.
skybluetony176
Well-Known Member
Upton Park is in London.
Grendel
Well-Known Member
Yes well done. And?
bigfatronssba
Well-Known Member
That is a definition of a football hooligan.
The only thing I still have any pride in regarding CCFC is our wonderful fans. 90% of whom have behaved with complete dignity and honour, always choosing the pen over the knife.
Childish attacks on Wasps will solve nothing, fortunately most of our fans are intelligent enough to understand this.
skybluetony176
Well-Known Member
So how could a London Rugby team have infiltrated West Hams city? I don't think West Ham fans would have been too bothered either. Given that they're moving to rented accommodation.
Grendel
Well-Known Member
No they would be perfectly happy to see the club die as long as it meant Timmy fishhook fisher, Faggot and joyless all left the building empty handed.
That's none of the qualities you describe.
Grendel
Well-Known Member
Oh dear
skybluetony176
Well-Known Member
You've just realised your mistake. Aww, don't you worry your little head about it.
Grendel
Well-Known Member
No Tony it's not a mistake. It's using an example of fans with passion and wondering if wasps had acquired those grounds then what "welcome" would they have received.
The new den is also in London and if they'd been booted out I'm sure the locals would be rolling the red carpet out.
skybluetony176
Well-Known Member
They still wouldn't have infiltrated their city either.
Broken Hearted Sky Blue
Well-Known Member
Funny how some people on here are mentioning Milwall and other clubs fans,when others mentioned these very same fans last season what were these peoples reactions:thinking about:
Grendel
Well-Known Member
To illustrate a point it's natural to quote extremes.
skybluetony176
Well-Known Member
Was it that Millwall fans would gladly travel 35miles for "home" games because of a self imposed exile by the owners?
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I think wasps being here is an absolute disaster for ccfc, but I don't blame their fans for that, that would be completely illogical and idiotic. Hating other teams fans is just stupid, Friendly banter sure but it's not actual hate. I'd much prefer to go for a drink with a random wasps, Leicester, villa fan than with you, skybluemong etc.
I don't really even blame wasps for it, nore did I blame Northampton and want them to fail, wasps should look after wasps, Northampton should look after Northampton and ccfc should look after ccfc, unfortunately one of those 3 isn't looking after themselves and they are defended at every turn.
It's particularly hypocritical that you don't acknowledge that you are a white knight for sisu but think I'm one for wasps fans when we are doing the same thing criticiseing the people who are criticising them, other than the fact I did it for a handful of posts and you've done it for 10k or so.
Grendel
Well-Known Member
Was it that they'd gladly travel 35miles for "home" games because of a self imposed exile by the owners?
Some people on here seem to find 7 miles an issue but 84 miles perfectly acceptable.
Broken Hearted Sky Blue
Well-Known Member
Wasn't what you and others said at the time was it?
skybluetony176
Well-Known Member
Who's said they'd happily travel 84miles for a home game? I think you'd even have trouble getting RFC to say that would be OK.
Grendel
Well-Known Member
No probably not.
Broken Hearted Sky Blue
Well-Known Member
& miles for my football team yes thats an issue. 84 miles for a sports team I dont give a toss about,well I dont give a toss about it. Just wonder why you should.
