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  1. O

    Wasps downward spiral...

    The problem is Martin Reeves - too much power
  2. O

    Wasps downward spiral...

    No too much embarrassment Unless the embarrassment can come first?
  3. O

    Wasps downward spiral...

    Last accounts show ,£18.3m with interest accruing at 4% over Barclays Base Rate
  4. O

    Wasps downward spiral...

    Well I suggest you will be writing to Martin Reeves. CEO at CCC , Chairman CWLEP and roaring success as a Director of ARENA Coventry
  5. O

    Incoming - Tom Costello

    He will come back on your spelling of grammar 😁
  6. O

    Wasps downward spiral...

    I doubt it you are looking for upto £8.5m gamble for what reward? That's a lot if Taylor Walkers!
  7. O

    Wasps downward spiral...

    In essence -yes. The BH can instruct him call the loans in
  8. O

    Wasps downward spiral...

    They are expecting the £13m to be a Grant (non repayable) if they put that to pay Bonds it is enormous income boost
  9. O

    Wasps downward spiral...

    Bond Trustee on ADVFN he is acting on own discretion to not call in the loans from WASPs Would take 25% of Bonds to change that
  10. O

    Wasps downward spiral...

    If that happened Reeves and CCC would be gone. So self preservation will kick in- unless a miracle arrives
  11. O

    Wasps downward spiral...

    Hosting? There is about a week's judo and wrestling plus some 7 aside on an unused pitch Don't the Game's organisers also pay to use the facilities?
  12. O

    Wasps downward spiral...

    Unfortunately I am not in a position to disclose that - just accept I know
  13. O

    Wasps downward spiral...

    The CT could run two articles One good reason why WASPS should be bailed out One hundred and one why they shouldn't?
  14. O

    Wasps downward spiral...

    They don't have to infer as many of us know of refusals for applications more worthy than the WASPs. Perhaps they should ask Stratford DC to help our the ailing business, as they are operating there?
  15. O

    Wasps downward spiral...

    You are getting like Mr G 😉 I did not say anyone was being pushed aside because of or for the benefit of WASPs. What I questioned was why they feel they should be treated as a special case when they openly break financial regulations and agreements and particularly the Bonds and the Terms of the...
  16. O

    Wasps downward spiral...

    I didn't say you thought they were special. The thing is THEY think they are special and to some in CCC that is the case
  17. O

    Wasps downward spiral...

    Only one other Rugby Club makes a profit from the pure Rugby side - but they may not manage that this year
  18. O

    Wasps downward spiral...

    The grants you refer to are not just available for one off events. They are usually the result of a safety or similar national requirement It would seem WASPS , a privately run organisation wants public funds because they seem to feel they are a special case. Grenfell Tower and similar...
  19. O

    Wasps downward spiral...

    About as obvious as 2+2=5 Isnt that how WASPS fudged their accounts?
  20. O

    Wasps downward spiral...

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