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  1. Senior Vick from Alicante

    Kevin Maton

    Cant see that happening as there financial position is an open secret. The Bond holders are the folk that hold the key to all this, if they want their money back and wasps cant pay they believe that the Bond trustee can force the sale of the stadium as the Trustee is in effect the owner of the...
  2. Senior Vick from Alicante

    CBS issues

    Please enlighten us with your knowledge?
  3. Senior Vick from Alicante

    CBS issues

    Wasps as a team are separate from Wasps Holdings so the team could carry on if Richardson the owner pays HMRC. The Arena business could be forced into administration by the bond holders so they can force a sale to recoup there losses. Any purchaser would have to negotiate a deal with the bond...
  4. Senior Vick from Alicante

    CBS issues

    I think that we have paid it because we have had too, Wasps as in the stadium company are on their arse and if we didn't we would not have a pitch to play on. They need the lease money to keep ticking over and a full pitch relay would mean they could not meet their day to day running costs so...
  5. Senior Vick from Alicante

    CBS issues

    Further update on the Bond, looks like they are deferring payment again? MESSAGE FROM HARGREAVES LANSDOWN TODAY RE JUNE NOTIFICATION Wasps Finance plc - Bond Redemption Update Reference: 02023748 Dear Mr Wasps Finance plc - Bond Redemption Update Your holding of 10,000 shares within your Stocks...
  6. Senior Vick from Alicante

    Talksport

    Trouble with a lot of council employees that make decisions in this city, and possibly others around the country, is that they don't live here. They make decisions based on legislation and budgets with the occasional yes or no to vote through something by the elected officers. The councillors...
  7. Senior Vick from Alicante

    Talksport

    When Palace went bust he was the major creditor to the tune of 23 million. He knows his way around a football club, be interesting to know why they hate him?
  8. Senior Vick from Alicante

    Talksport

    Please explain how he would be worse than what we have? We don't even have access to a pitch that's fit for fucking purpose.
  9. Senior Vick from Alicante

    Talksport

    Agreed but he was out of his depth in first place.
  10. Senior Vick from Alicante

    Talksport

    You dont get better without failing in business, he would have unique insight as well as the connections.
  11. Senior Vick from Alicante

    Talksport

    Jordan was the major creditor when they went bust, he was owed 23 of the 30 million so its not the same as going bust to the surrounding areas company's and putting those businesses as suppliers at risk.
  12. Senior Vick from Alicante

    CBS issues

    Why is he a Bell end if he can put a consortium together to buy both the Arena and the club? You might not like what he says but he tells the fans as it is, there is no bullshit. Why is he a bellend? You might not like what he says but at least its fucking accurate. I would welcome him if he...
  13. Senior Vick from Alicante

    CBS issues

    He has intimated that there has been some movement on the rent. IE City paying for the new pitch and then paying reduced rental as an offset. Think they may have done it to try and calm the bond holder situation down due to the ongoing fiscal speculation.
  14. Senior Vick from Alicante

    CBS issues

    Wasps are a separate company from the bond holder company which own the stadium. If we had the money to pay for a lay and play the administrator would surely have to let us play as would a new owner as any prospective purchaser would see us a sitting tenant. Wasps would be the ones with the...
  15. Senior Vick from Alicante

    CBS issues

    Interesting reading. https://www.rugbypass.com/news/how-wasps-lost-the-battle-for-coventrys-hearts-and-minds/
  16. Senior Vick from Alicante

    CBS issues

    I dont think any funding from the WMCA should be given to wasps for a pitch. Surely the grants are designed to help with projects that improve peoples lives not help badly run businesses stay afloat. How does the funding of a pitch in Coventry help the public in Walsall for instance? If the...
  17. Senior Vick from Alicante

    Dave Boddy - Time To Go?

    So an agronomist has said there is no root structure basically so the pitch wont hold together, A new pitch is £450,000 lay and play as Spurs have just put down, we have offered to pay towards the costs and they have refused. I don't think the egg chasers are going to have a) Have a legal leg to...
  18. Senior Vick from Alicante

    Dave Boddy - Time To Go?

    Apparently Boddy has triggered the mediation clause in the lease and Andy Street will be mediating between the 2 partys.
  19. Senior Vick from Alicante

    Dave Boddy - Time To Go?

    This thread is fucking nuts. The Queen could be Chief exec but if the landlord hasn't got a pot to piss in to pay for anything what could she do? Their old stadium anouncer via twitter said don't trust them with season ticket money FFS, they couldn't afford a grow bag at the minute.
  20. Senior Vick from Alicante

    Now. Dont get too excited. But...

    Bond holders think there may be some financial foul play in the background. This was posted last night...
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