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always an element of truth in any spin torch ............. either something they want out there for some reason or something they want hidden behind the words...... all sides have been guilty of it. That's why we should always question why and not accept at face value...... match it to what we...

This council claim "just washing its face"........ I wonder what that really means, wonder if some costs have been dumped on ACL that wont be in future. The 2014 accounts will perhaps explain better. What I do know is that the place is very busy and constantly looking for more staff. There is...

Contractual liability for the loan is and was always with ACL. It does not mean London Wasps Ltd owe the loan as such. Look at it this way if you buy BT shares do you owe any of the BT loans? - No Unless Wasps have given guarantees in respect of the loan then if ACL were to go bust it would...

was that before or after they sold the interest in the project though?

I think he should have got back yes. At very least to support his team mates on a match day However I do not think Reda should have been playing. It is one thing a keeper playing quite another for an outfield player. The physical effect of playing would have been far greater on Reda. As...

Its more accurate to say that we accrued a lot of creditors than say we paid out. From the 2002 & 2003 accounts......... In the year to 31/05/2002 the amounts that had been either paid or contracted for on the project totalling £18.4m were reclassified to current asset investment. However...

There are some details are in various sets of accounts that can be downloaded from Companies House. However there is no split of who the rents were paid to. For instance Ricoh rents paid by the club will be mixed in with rents at the Alan Higgs centre and rents for other facilities for academy...

To be honest I am struggling to see how any party in this can claim any sort of victory. Everybody has lost, but especially the fans of the various sports teams touched by it all. Even Wasps can not claim a victory because the outcome of their new ACL ownership is totally unknown. The cost...

CCC owe us ........ Got a feeling that they might not see it that way .............

My view is that it is fine words no real substance. Looking a little more cynically you could say that it is put in that way because it is put to a charity and therefore looks good Is there a need for such a partnership when the club already has SBITC It ignores commercial realities at...

Just a few thoughts really - what if AEHC didn't want a partnership with anyone? You can not impose one - what if the charity simply want out to concentrate on other things like Drapers Hall - Do the Charity want to take on extra charitable ventures or do they want to distribute grants only -...

Will Wasps fail? ............ from what I can see then there is no reason to be sure of that Income levels - well yes Wasps will have access to all the income streams. In addition there is a premium to some of those income streams because it is a successful Premiership Rugby team as opposed to...

perhaps they do but I cant help thinking this has caught them completely off guard and the bid was so they could say "well we tried" knowing all the details wont be made public not sure how they get out of this to be honest ....... build own ground and increase the debt from £46m ...... or try...

http://www.wasps.co.uk/news/article/2014/11/14/wasps-confirm-100-shareholding-in-the-ricoh-arena

nothing more than a personal opinion but I cant help thinking that the bid was almost certain to fail. I think its fairly certain that Wasps wanted 100% and that CCC/AEHC were of a mind to sell them that. But I cant help also thinking that the timing, content and terminology of the CCFC...

Hopefully we will be given a more detailed reasoning as to why the bid was rejected. It would be interesting to know what the content of both bids were but unlikely we will be told. In particular I would be interested to see the conditions and legal demands included in the bid relayed by...

from what I understand the gaming festival will not be using the pitch area at the end of the month. The event this month is nowhere near as big as the August one.

The liquidator will investigate the conduct of all the directors going back for at least 2 years. The liquidator is an officer of the court and can decide who merits investigation and the time period to be covered based on the information he has received already A report to the relevant...

If the Charity is receiving the same amount as CCC or possibly more if the CCFC bid is accepted and more how have they devalued anything artificially? So what is to explain?

Actually the costs of Mr Appleton are far higher, the figures in the report only show the amounts paid out since the company went in to liquidation September 2013 Before that Mr Appletons firm had received some 215,000 on account and had spent £400,765 on legal fees Remember that the money...