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  1. O

    Wasps going into admin & the impact on CCFC

    If it goes in to Admin then control passes to the Receiver. Reports say they want to sell as a going concern which, I assume includes getting CCFC rent
  2. O

    Wasps going into admin & the impact on CCFC

    The theory https://www.begbies-traynorgroup.com/pre-pack-administration
  3. O

    Wasps going into admin & the impact on CCFC

    Insolvency Practioner
  4. O

    Wasps going into admin & the impact on CCFC

    An IP agrees a deal on the assumption there is an Administration Until agreed we might not know the buyer (assuming there is one)
  5. O

    Wasps going into admin & the impact on CCFC

    Admin with a pre pack looking likely?
  6. O

    Wasps going into admin & the impact on CCFC

    P share £9m+ ? Loan security?
  7. O

    Wasps going into admin & the impact on CCFC

    The day they borrowed it! There has been no thought that they could not just keep debt rolling over
  8. O

    Wasps going into admin & the impact on CCFC

    Owed to Bond Holders?
  9. O

    Wasps going into admin & the impact on CCFC

    He / they have a charge but the debt of the time was repaid. The Receiver needs to check if the Company was solvent when relent
  10. O

    Wasps going into admin & the impact on CCFC

    Oh he did! He told the "other" club WASPS weren't coming !
  11. O

    Wasps going into admin & the impact on CCFC

    https://www.coventry.gov.uk/chiefexecutive and you wont have to finish it!
  12. O

    Wasps going into admin & the impact on CCFC

    WASPS is smaller by 2 letters!
  13. O

    Wasps going into admin & the impact on CCFC

    They got £10m for an entrance hall?
  14. O

    Wasps going into admin & the impact on CCFC

    https://www.coventrytelegraph.net/news/coventry-news/wasps-owners-unveil-plans-hotel-18210094 https://www.whatsonlive.co.uk/warwickshire/news/new-hotel-in-talks-to-be-built-at-the-ricoh-arena/41608 see the shuffle?
  15. O

    Wasps going into admin & the impact on CCFC

    More likely Reeves - who will reply with "things change you know!"
  16. O

    Wasps going into admin & the impact on CCFC

    If FRP have said it is going into Admin - then it is. Court papers have to be prepared and served first.
  17. O

    Wasps going into admin & the impact on CCFC

    And WASPs Finance of which little is said!
  18. O

    Wasps going into admin & the impact on CCFC

    So who did the DD before paying it out and checking their financial position?
  19. O

    Wasps going into admin & the impact on CCFC

    Not enough people to give them too?
  20. O

    Wasps going into admin & the impact on CCFC

    What is there in "WASPs" to buy?
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