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I guess they want it so it's an open market sale not a closed one. Odd that ACL wanted money from the bond holders to market the sale yet was clearly already being sorted with Ashley

Dint Reeves say the council had 4 pillars for a potential owner. Us playing at the CBS Wasps playing at the CBS Regeneration of the arena some other thing. Sisu would not pass theses if they dint want wasps paying at the CBS. Ultimately no one would pass unless they are willing to pump money...

Why is he so proud that he "helped" the football club play some games before the World Cup. The club payed ACL dint to stay open

Isn't he a Catherine Tate character

He slips up in the last sentence about tax pays money. He says he has never committed formally. So he clearly has had informal conversations about it.

The full interview Trish Adudu - Council chief executive defends handling of Wasps bailout talks - BBC Sounds spin spin defect and spin

Looks like he is on MDMA

Wasn't it suppose to be low risk. As no retail bond has gone tits up before.

.. Funny how threat of legal representative at the meeting on Thursday as fired up an offer. I agree I beleive its vague so they get bamboozled in to thinking its a good deal for them and removing the charge

Remember the administrator will have costs so that 45p will drop drastically

From bond holders The trustee today confirmed that the offer for the property is £15.8m + £1.2m non- refundable exclusivity fee. It is on the basis of setting aside the legal charge so that the proceeds would be shared by ALL creditors. The price compares with the last known valuation of £51.4m...

RB have created one massive problem with Max. He now thinks he is bigger than the team. Can anyone else not stand Russel. there is something about him that just doesn't sit right we me. Almost a bit slimy.

Good find. Gets dirtier and dieter the more you Dig for Reeves. Wonder who approached who.

So Hottinger have been a sponsor of Wasps. CEO was a Director until last year. Cant see any conflict of interest that CCC started tot talk to them to get a deal done.

Hottinger also were a shirt sponsor of wasps last season

Thats one Gilbert should be questioning him on

As Reeves spoke with Hottinger as a representative of CCC I assume he has full minutes of the meetings that he can share..........

Doesn’t say. Can’t see it being an offer for just bond holders. No one else has mentioned it yet. So guess we will wait and see

Someone on the bond forum saying the offer is 15.8 million. 45p in the pound for bond holders. Not sure that would be correct as other creditors will want their share. Not sure if that’s Ashley’s offer or something unrelated

Still got two games in hand over most of the top half.