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Don Hyman ? Clearly an avid supporter !

😂(y)

Probably Admin is the last thing they want If they can get >75% of Bond Value support they can push through a proposal to extend the loan term or offer a substantial reduction on the debt for early repayment. Throw in a bung from WMCA because the Bond Funding has been sorted and it all looks...

Can you categorically state what the opening offer was?

Bond value, the FB forum says they have 1,259% notified to them with more people getting their papers in place

J

And put back £1.6m in 2020 ?

And a flying demo

It was demonstrated opposite the railway station on that car park

They never did - but WNTG Limited had local authority funding (allegedly

Don't forget Compass, Delaware North, DCMS and Government support loans

But they don't automatically get the ground - that is in the prospectus They also need >25% of bondholders to block any WF proposal. They are concerned that WF come back and offer a highly discounted figure or a very long term loan position which any larger bondholder might accept

Interesting you mention Pshares There is no charge on the shares but on the proceeds of sale WASPs received £14m from a deal relating to the shareholding but the monies did not go to the Bondholders.

Scan them and post on DW ?

The only reason the May interest was paid because it would be an (almost ) uncorrectable default that the Trustee would have to act on

Bondholder FB Comment Further to my earlier post my wish is to see a bondholder sufficiently financially versed to lead us in going for the jugular. With all the problems at Worcester as well now, wee need bondholders to show their teeth. Sell the stadium is the only real source of some...

The Trust Deed was prepared for WASPs Finance PLC and the Trustee was similarly appointed and says he operates per the Deed He says he cannot advise the Bondholders So go from there

It is for a firm of solicitors ( in Leamington, )

I have them on Auto reminder so will know when they file

They have until March 2023 to meet Companies House regs But because a PLC WASPs Finance have to file December 31 and WASPs are published same time