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  1. O

    More Wasps BS?

    Totally cynical reply -- I expect CCC will benefit from the development uplift?
  2. O

    More Wasps BS?

    Not a totally daft suggestion Hotel operators can get long term funding to put up a building, it is then franchised out If they cannot buy the site - the landowner can grant a long lease with an upfront premium and ongoing rentals. A budget hotel could raise £5k a year per room.
  3. O

    More Wasps BS?

    has the link been taken down?
  4. O

    Hotel and McDonald's Plans by the Ricoh Rejected

    A recent survey has shown the City Hotels are full 90% of weekends ( not sure of week days )
  5. O

    3 new sites identified by SISU/Council

    Because the indemnity extends beyond WASPS but to all their active partners and connected parties So if CCC are in default and can claim against WASPS then the indemnity applies Also if the actions cause WASPS into insolvency or similar then their financial parties are indemnified.
  6. O

    Hotel and McDonald's Plans by the Ricoh Rejected

    Tracey Miller who is partner of Martin Yardley deupty leader of Council who is about to "retire" for a large bounty . Surely no WASPs connections here? Coventry council chief Martin Yardley heads for University of Warwick – amid row and ‘conflict of interest’ claims The people who own the own...
  7. O

    More Wasps BS?

    How was the Coventry City £1.3m Ricoh Arena rent bill decided However, it does not explain how a loss making business would make a suitable long term tenant at the rent proposed
  8. O

    More Wasps BS?

    If it is a lost tenant then reduces the valuation more!
  9. O

    More Wasps BS?

    Ricoh Arena valuation drops by £9m - and this is why
  10. O

    More Wasps BS?

    Around 4 years ago a warning was issued about enforcing the salary cap and an unofficial amnesty was declared If you could check the accounts, you would find in the last two years they are whiter than white in the majority of cases. At the same time, HMRC have also been taking a close look at...
  11. O

    Fawaz Al-Hasawi

    Before CCFC agreed to return Waggott asked CCC what was the position with WASPS and ground ownership. CCC said there was no agreement with WASPS How long was it after CCFC came back was it that WASPS had srranged the purchase and £30m+ public funding?
  12. O

    Wasps current finances & hope

    It's because you are good at it o_O I only suggested it to you for a quick look not to prepare a treatise.
  13. O

    Wasps current finances & hope

    As an exercise it is worth comparing Dec 18 interim to June 19
  14. O

    Gael biggy

    He expected not likely to play for 15 months - probably in time to pair up with Jamie Allen?
  15. O

    More Wasps BS?

    Not the best recommendations 24 Oct '19 - 13:50 - 23 of 280 0 1 Forget the running yield it’s a dog bond where holders are going to get royally stuffed. What’s the point in getting x% for 5 years if the bond turns out to be worthless and your 100p doesn’t return to you as promised by the nice...
  16. O

    Wasps current finances & hope

    My point is the Bond Holders should not have to ASSUME anything. It was a condition precedent in the covenants the valuation would be in 2016. Any variation of this should have been reported together with the Trustees agreement that 2017 would be the first year and every 2 years after that. As...
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