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    Transfer Rumour Kasey Palmer - Confirmed

    Except they did not receive one confirmed offer?
  2. O

    Wasps going into admin & the impact on CCFC

    Actually they have to show there is an intention to go into Administration and the route. They cannot just apply to extend on the grounds they are looking for a resolution
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    Wasps going into admin & the impact on CCFC

    Unless the Bond Holders act quickly - WASPS and ACL could go into Admin and the IP could propose a CVA So do not get too excited!
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    Wasps going into admin & the impact on CCFC

    None of the Companies are in Administration
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    Wasps going into admin & the impact on CCFC

    "Business days " excludes weekends and bank holidays https://www.rollits.com/news/articles/the-10-day-notice-of-appointment-moratorium-when-does-the-bell-toll/
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    Wasps going into admin & the impact on CCFC

    There are some serious US companies looking at rugby union as a franchise opportunity . They will try anything as they have the backing for a gamble
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    Wasps going into admin & the impact on CCFC

    https://www.telegraph.co.uk/rugby-union/2022/09/27/worcester-warriors-jim-otoole-says-consortium-can-pay-175m-save/ https://olympics.nbcsports.com/2022/05/12/rugby-world-cup-usa/
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    Wasps going into admin & the impact on CCFC

    https://www.ruck.co.uk/the-top-5-most-expensive-rugby-transfers-of-all-time/
  9. O

    Update from Jordan

    Are we getting a CCC Ricoh Part 2 helping hand for WASPS?
  10. O

    Wasps downward spiral...

    Unless overseas investor
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    Wasps going into admin & the impact on CCFC

    A Receiver can put a Company into a CVA
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    Wasps going into admin & the impact on CCFC

    More likely to be squeezing CCC into getting help with the threat of Receivership
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    Wasps going into admin & the impact on CCFC

    Plus Compass and DCMS loans
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    Wasps going into admin & the impact on CCFC

    One advantage of a CVA is it does not require a report on the Directors and their performance as does a liquidation
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    Wasps going into admin & the impact on CCFC

    You can pay rent under a sub lease Also the headlease is CCC to ACL I think it has been mentioned WASPs Holdings has a lease with ACL .
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    Wasps going into admin & the impact on CCFC

    It is possible to get an extension to the 10 days if evidence shows funds are immediately forthcoming after the Have HMRC actually petitioned? If not why would WASPs publicise it? This is an active decision not wholly linked to HMRC
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    Wasps going into admin & the impact on CCFC

    Remember the Trustee and the Trust Deed he acts on were created by WASPs The Bondholders urgently need to vote to order the Trustee to appoint a Receiver to act for them. Otherwise they could end up with WASPs appointment
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    Wasps going into admin & the impact on CCFC

    It never was a WASPs Group Asset
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    Wasps going into admin & the impact on CCFC

    No mention of impending action from Bond Holders?
  20. O

    Wasps going into admin & the impact on CCFC

    Edit For Coventry Council and Councillors
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