Search results

  1. N

    Club aims to raise £35m from bond

    I agree that sisu didn't set out to crush the club, they arn't evil, they didn't take us over to destroy us that would be ludicrous but when plan A failed they did end up coming upon a plan that involved deliberately crushing the club. They knew full well the damage they were going to do when...
  2. N

    Club aims to raise £35m from bond

    so? what do wasps have to do with what I said, people having a problem with sisu getting a return on their investment is completely because of how sisu have been willing to destroy the club for their own ends. Had sisu actually had our best interests at heart we'd have no issue with them getting...
  3. N

    Club aims to raise £35m from bond

    you mean moving wasps? Wasps fans have every right to have a problem with him getting a return on his investment after moving the club. I don't see what that has to do with whether or not we would be happy for sisu to get a return on their investment by asking people for money.
  4. N

    Club aims to raise £35m from bond

    You make it sound like people have a problem with others getting a return on their investment, that isn't true, people have a problem with sisu getting a return whilst deliberately crushing the club for their own ends, had sisu actually had the clubs well being at heart, brought us a stadium...
  5. N

    Club aims to raise £35m from bond

    You arn't getting any of wasps or ACL by investing in this bond, it's a loan not a share, I'd suggest they want to repay the council loan to lower running costs, have some more money to use while they get settled in coventry and fully build a fanbase, have some money to invest like if they want...
  6. N

    TM on his way ??

    I have some used toilet paper if you want something less covered in shit than the daily mail.
  7. N

    Club aims to raise £35m from bond

    I deliberately chose recognisable companies as they would be more meaningful to the people reading here. While you are right that Wasps are on the small end of companies issuing bonds traded on the stock exchange, smaller companies do raise money using mini bonds, the fact that the wasps bond...
  8. N

    Club aims to raise £35m from bond

    sure, as you approach retirement (and alot earlier if you are more risk adverse) you'll want quite a large percentage of your money in bonds 40%+ probably. That would be split across lots of companies ideally not all from the same country and in government bonds, multiple countries too if you...
  9. N

    Club aims to raise £35m from bond

    Yes Diversification is whats needed, if you've got 200k invested (and the average person should be aiming for this or much more when they retire) then having £2000 in a wasp bond is fine if you think the interest rate lines up the risk (which I don't) but people shouldn't take more risk than...
  10. N

    Club aims to raise £35m from bond

    you can hold bonds in an isa or a sipp, I think most people should be saving and investing for their future, I completely agree that average people shouldn't be putting thousands of pounds in a single bond but then I also feel the exact same way about putting thousands of pounds in a single...
  11. N

    Club aims to raise £35m from bond

    Personally I think more "normal" people should invest in the stock market (of course most already are in a pension) but investing in something like this bond isn't the way to do it. Bonds are less risky than shares but having just one companies bond or one companies share is incredibly high...
  12. N

    Club aims to raise £35m from bond

    yeah because assuming he makes £150k a year for income tax purposes is the reasonable starting point, do you ever look at anything fairly?
  13. N

    Club aims to raise £35m from bond

    6.5% is pretty normal for a corperate bond, personally I think should be a couple of percent higher. Severn Trent waters corporate bond pays 6.125% it was for 12 years not 7 though but to me that still would have been a more appealing deal. You can't directly compare bond rates across...
  14. N

    Club aims to raise £35m from bond

    You could say that about all the other thousands of opportunitys there are for investing your money too. Personally though if I wanted 6.5% interest I'd do peer to peer lending with my money spread across say 100 companies. You can then assume a few of them won't pay you back and that still be...
  15. N

    Club aims to raise £35m from bond

    Fair enough if people thought he was wrong that there was going to be a bond issue they were mistaken but I thought it was common knowledge since that article that this is what was happening? or do you mean I'm mistaken that its full of bias?
  16. N

    Club aims to raise £35m from bond

    No, but it's definatly worse than the 250 lease, here is the full paragraph. Under the terms of the head lease granted by Coventry City Council (“CCC”) to Arena Coventry (2006)Limited (“ACL2006”) in respect of the Arena (the “Head Lease”), CCC have reserved the right to forfeit theHead Lease if...
  17. N

    Club aims to raise £35m from bond

    I don't think anyone disputed that he was right with that article did they? it's an article full of shocking bias again which spoiled what would otherwise been an interesting exclusive.
  18. N

    Club aims to raise £35m from bond

    Thanks, that does change things and certainly makes the bonds look worse. A 38 year lease is certainly worth significantly less then a 250 year one and is alot harder to borrow against.
  19. N

    Club aims to raise £35m from bond

    Thats not standard process at all, the lease is an asset of acl (their primary asset) and would be sold if acl go bust. We own multiple flats long leasehold, if we went bankrupt they would be sold to repay the mortgages, they certainly wouldn't return to the freeholder, the freehold for the...
  20. N

    Club aims to raise £35m from bond

    you are trying to have an argument where none is needed, I had already said how lending to wasps is a massively higher risk than lending to the government, I was trying to explain his misconception that wasps were going to need a profit of 5mill a year in order to pay back these bonds which...
Top