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  1. O

    Wasps going into admin & the impact on CCFC

    If something is pushed as a "bargain" in the property world - it probably isn't!
  2. O

    Wasps going into admin & the impact on CCFC

    Classic opco/ propco arrangement
  3. O

    Wasps going into admin & the impact on CCFC

    Don't forget Compass also have a charge to satisfy There are anecdotal estimates of £25m for refurbishment and upgrade Whatever the value a purchaser would probably only raise 60% ltv funding None of these lead me to think it's a worthwhile risk for SISU. Until at least someone else leads...
  4. O

    Wasps going into admin & the impact on CCFC

    Not yet?
  5. O

    Wasps going into admin & the impact on CCFC

    Hopefully WHL hasn't paid the rent!
  6. O

    Wasps going into admin & the impact on CCFC

    Same as the proposed hotel site moved from Wasps to a separate Richardson company
  7. O

    Wasps going into admin & the impact on CCFC

    As has been repeatedly said - the training ground was never owned by Wasps Holdings.
  8. O

    Wasps going into admin & the impact on CCFC

    The over riding charges don't disappear
  9. O

    Wasps going into admin & the impact on CCFC

    Being pedantic- should have said "yes" to the question?
  10. O

    Wasps going into admin & the impact on CCFC

    https://caseboard.io/
  11. O

    Wasps going into admin & the impact on CCFC

    Wasn't expecting change!
  12. O

    Wasps going into admin & the impact on CCFC

    Can I pay you in WASPS bonds?
  13. O

    Wasps going into admin & the impact on CCFC

    Then ask Joe Elliott why he recommended shareholders to sell
  14. O

    Wasps going into admin & the impact on CCFC

    In theory they could foreclose on the lease -but they wont
  15. O

    Wasps going into admin & the impact on CCFC

    The winding up notice will only become effective tomorrow if WASPS or ACL file. HMRC have to petition and have a hearing ACL could be first to control the lease via a Receiver
  16. O

    Wasps going into admin & the impact on CCFC

    More an OSB question but greatly depends who sold what and what they would be buying But I suspect CGT is not a deciding factor
  17. O

    Wasps going into admin & the impact on CCFC

    https://www.talkingrugbyunion.co.uk/rfu-reduce-minimum-stadium-capacity-criteria-to-5-000-for-2023/34472.htm
  18. O

    Wasps going into admin & the impact on CCFC

    Was passed over to another wasps director and they changed the name to remove wasps from it. Just coincidence mind you. I assume running costs have been coming from Coventry though or some rental agreement? So they will need a new tenant
  19. O

    Wasps going into admin & the impact on CCFC

    If it is Monday it will be by their initiative- HMRC have not lodged a petition yet
  20. O

    Wasps going into admin & the impact on CCFC

    Martin Reeves is the main instigator of matters WASP - unelected and paid £200k plus
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