Search results

I thought I’d read that the Bondholders had a charge over that too. You 100% sure I’m wrong? I’ll happily agree I am if you are sure.

Administrators are often a bit greasy. Just saying.

Still don’t understand why King didn’t bid “£35m to satisfy the bondholders claim in exchange for their charge including the £9m P Share charge” King gets the Bonds pays off, assumes the rights of the Bondholder and charge holder might get £9m back meaning it’s all cost £26m not £25m and he...

As I’ve said before, once all the documentation and real stories about the last few weeks come out: Wasps demise, Richardson, Bonds, Council, King etc., Gilbert could easily write a book. (There’s a book called “Too Big To Fail” about the Financial crisis and every leading up to Leeman’s and...

I think when you stand back and assess the potential if this is all unpicked: Someone might end up with a stadium that cost £100m plus for a fraction of that and have a SISU who is holding debt at the beginning of a recession over a barrel. King or no King, this could be an opportunity for a...

I read about him when it was first mentioned, looked at his accounts and any evidence of this huge sports drink he was selling. Empty. Looks like a publicity seeking Walt.

Lined up together? Is Hoff on behalf of MA or Joy-King

Perhaps King should have offered to refund the period of exclusivity payment as part of the offer. Weakens Administrator argument, no?

Unless Joy kicks him out after and says “Mike it wasn’t me hun, it was big bad Doug who caused all the hassle.” I dunno. We’re reaching.

Go on Vik. When was the last time that we had a player starting a match for a decent level international team?

Don’t know. If it’s a Walt account then so be it. Guess we’ll find out. Had my hopes up we’d found an ITK in the Council finance top tier.

Hi Doug? Good first 17 mins on here?

That Council Scrutiny Piggy Twitter thingy account on Twitter with the redacted document seems a very minor ITK but has access to some Council info by the looks of it. The account suggests most are missing the point WRT the 15% SISU hold, and the kicker will come tomorrow / Friday. Normally we...

Pure speculation as normal but - surely the Trustee will have to act in the best interests, legally, of the Bondholders.

Or for the Bondholders to not think they have no choice but to accept a low bid to remove their charge.

Yeah, When you put it like that. (puts beer back in fridge).

Or, since it looks like the deal hasn’t been finalised (just agreed) MA might have to pay SISU a lot more …..

Be a laugh if he was a major Bondholder. You never know.

I wonder if he’ll rename the stadium? Something fitting with it being an old power station? King Power? Oh. Hang on.

Time we “Doug” this out: