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  1. O

    Wasps current finances & hope

    The 6.5% is on the original issue price - fluctuations in the bond price affect the investor who is buying/selling.
  2. O

    Wasps current finances & hope

    Only that it does not instill any confidence if they want to refinance
  3. O

    Wasps current finances & hope

    Not sure how big a deal this all is. It's not like they are the first sports club related company not to file accounts or confirmation statements on time. It's a big deal if you are a Bond Holder !
  4. O

    Wasps current finances & hope

    As I understand it WASPS FINANCE Plc is not a WASPS HOLDINGS Group company - so March 31 is not relevant All WF does is collect the interest off WH and pay out to Bond Holders - hardly the most difficult set of accounts to produce? There were, of course, the "accounting irregularities" to be...
  5. O

    Club Accounts 2016/2017

    Strategic Report only says : Club must contribute a minimum of £620000 ... and has exceeded this
  6. O

    Mediator appointed..

  7. O

    Club Accounts 2016/2017

    SISU may have sighed but CCC went into despair!
  8. O

    Club Accounts 2016/2017

    CCC have handed CCFC over to WASPs? Are you in the know then?
  9. O

    Club Accounts 2016/2017

    Once all avenues have been exhausted they’ll be out of here like a scalded cat. Lets see what comes out of the "mediation" and if that fails CCC have to disclose a number of documents, it currently has kept to its self, to the Courts.
  10. O

    Club Accounts 2016/2017

    But it was "not " paid
  11. O

    Club Accounts 2016/2017

    That could be some of the 3rd party?
  12. O

    Club Accounts 2016/2017

    Lets hope CCC do the same!
  13. O

    Club Accounts 2016/2017

    Not in SBSL unless the Creditor formally agreed to a write off?
  14. O

    Club Accounts 2016/2017

    I did not intimate Deering had any - I said I think she represents SISU mainly. If the latter is correct then that might be why there is a reference to a "third party"
  15. O

    Club Accounts 2016/2017

    What's he mean - "If my figures are correct"? OK, it would therefore appear that #CCFC had interest payable instead of paid of £1.8 million in 2016/17. If my figures are correct,
  16. O

    Club Accounts 2016/2017

    On his Linkedin : Executive Vice Chairman and Managing Director Coventry City Football Club 2015 – 2016 (1 year)
  17. O

    Club Accounts 2016/2017

    In the case of performance and similar add ons they can only be reflected as "earned" when the targets are achieved. So earned and received tend to be close together
  18. O

    Club Accounts 2016/2017

    I haven't agreed that so why do you think I have?
  19. O

    Club Accounts 2016/2017

    Says paid / accrued to third parties etc so cannot tell who it relates to. LD represents SISU in the main. Some might even have been Anderson?
  20. O

    Mediator appointed..

    I thought that was where they were meeting ? :woot:
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