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They gambled, they won. What was your point RFC?

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...

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.

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...

So you agree then for the 2 years they weren't obsessed by it? So what makes you think they currently are? and what have they done since Wasps brought the Ricoh? 1 meeting with RBC, again doesn't sound obsessed to me. I don't understand your second point, presumably it's aimed at me and...

Are they obsessed by it? 2 years in, they've done almost nothing. If anything a new stadium is much further away than we were told at the start despite it being 2 years on. Sisu would be stupid to build a new stadium if it's not worth it, this is pretty much a fact we can all agree on. There...

sorry bad math 230%

He was paying 330% I believe.

The bond coupon (percentage interest rate) for this to be an attractive option for investors would be what 10 times higher than for the wasps one? 50% or 60% interest? not even sure it's appealing then. I don't think there has been much talking up of the wasps bond whatsoever not to mention the...

actually I just read the prospectus and I was mistaken, it's 3 interest payments not 3 years. So 1 1/2 years, though they have to top it up, if after 2 years everything is going well they can close this account. going well meaning wasps debt isn't too high, the value of wasps/acl is above a...

Forgive me if I misread this but I'm sure the prospectus says that 3 years worth of interest payments to the bond holders will be ringfenced in it's own bank account. Yes they will have a big interest payment to pay each year about 2 mill, though the current interest payment to ccc is 1.4mill so...

no chance of that now, they have raised 30m so far in the bond issue according to the other thread. So they are almost certainly safe now for the next 7 years, at that point of course they could fail as they will owe 30mill and would need to refinance. waiting 7 years in limbo with the vague...

we only have a better idea in a few months if the club puts together a good plan and RBC think the plans are the best thing they can do on the site otherwise we'll be where we are now other than rugby looking less likely than it already does. Even if the club do put forward the plan and RBC like...

well there goes any hope some of wasps going bust in the next few years and it shows the market thinks the deal ccc had was a great one (the loan, not the money they got from selling the stadium), they have a riskier deal than the council did for 5% a year less interest.

They were "beaten" to prologis because they couldn't afford to pay for it )not that I believe they tried),the amount of land they wanted would have cost £39million. There is just no way the stadium ever pays for itself with us in league one. It's clear they cant build what they are "planning"...

They want 60 acres of land that others want and have a better case for, how much will this cost? at 200k an acre it's £12mill, 300k £18mill, 400k £24mill.

doesn't sound promising for a new stadium at all from reading the minutes, not to mention it being another year and a half untill a decision is made if they stick to their timetable which they probably won't.

Thats cost cutting I can get behind, then replace Fisher with literately any other animal including ones who primary pastime is licking their own testicles and again great cost savings and a better quality of job done.

you know that was a joke right? It's not difficult though is it, with that stand closed the home attendance required in order to make the area the biggest number of people are feel mostly occupied is much lower than with the stand open. It's especially important when trying to win fans back...

doesn't change things as much as you'd think ;-)