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But Arena Coventry and 2006 not in Admin? The bondholders need to call the debt on WASPs Finance who need to call the debt from ACL. Call their own Receiver

https://www.coventrytelegraph.net/sport/rugby/wasps-v-bristol-bears-live-25033204

5 Rugby clubs rumoured to be up for sale - one for free!

To many buts , if's and maybe's there I would have thought better off getting a guaranteed rent and exposure from CCFC

"The complexity is that the rugby club is wrapped into the business; so what is - and can be - reported is not necessarily the big picture." This might be clue - or total red herring! The "rugby club" is part of Wasps Holdings - it is not a separate entity. May be the plan is divest of the...

Lawrence Dallaglio reassures fans of 'brighter' financial future for Wasps Despite an emotional attachment to Wasps, where Dallaglio has served as a player and director, his concerns transcend his club ByCharles Richardson, RUGBY REPORTER7 September 2022 • 5:40pm Dallaglio has served as the...

I hope you mean "pray" !!

If a Grant to replace lending it becomes more viable on an LTV basis also reduces outflows

WMCA?

When used as In The Know - is it a simple abbreviation?

All the narrative in the prospectus points to WASPS Holdings being the Rugby entity

The Rugby squad is embedded within Wasps Holdings which is a guarantor to the Loan

The Bondholders never get the assets The WASPs appointed Trustee has everything vested with him

Waiting for the WMCA money tree to bear fruit?

Burnley player booked for time wasting Pity the ref on Wednesday was not as positive

Quite!

https://www.londonstockexchange.com/news-article/market-news/update-on-proposed-refinance-and-redemption/15613049

It's all here🤣 https://www.football-stadiums.co.uk/articles/football-player-transfers-explained/

https://www.worldfootball.net/teams/coventry-city/2003/2/ Mike Mcginnity and McCallister?

So why will they not communicate with the Bondholders?