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Yep, it's just daft to blame this on the club. We've got a ten year lease that we've been paying in good faith. In that period Wasps have pulled down ACL with their 'biggest club in Europe' bollocks (a.k.a reckless gamble), and a council that willingly played along with it. I've no love for...

In fairness mate, I'm not sure anyone really knows what's going on, at least you're honest about it! 🙂 If ACL are already begging for money, then I can't see how they can drag out an administration process, or apply for another NOI. If we're already having to pay extra to play, they must...

Three possibilities here that I can see: ACL enter another NOI. That means they keep trading, we play on Tuesday as normal. Seems unlikely if it's true that we're already having to pay to play today. No NOI leads to the remaining two paths: Administration: Potential buyer surely has to fund...

Can I just point out that in all fairness, SISU didn't distress Wasps. Their demise was entirely of their own making and it had been long predicted here and elsewhere. I think we'll see next week if SISU fancy a tilt at the stadium, there's never going to be a better time to buy, imho...

Though of course, ACL aren't currently in administration. Yet. I made the same mistake recently, in fairness, but then I'm not paid to stay on top of this... I just do it for love. 😁

Maybe they looked more respectable than @shmmeee 😁

Fair enough, but I still don't see quite how that plays out. At the moment ACL have an asset of value, the lease. The liquidator/administrator's legal duty is to recover as much as possible for the creditors (bondholders first, then HMRC, then everyone else, iirc). He can't do that if he...

They are indeed, 100% owned by WH according to the prospectus. Sounds fishy, doesn't it?

Depends on whether you can perhaps front me six quid until payday? 😁

That would be the usual process you'd imagine, but if the liquidator disclaims the lease then the value of ACL obviously plummets. I can't see how that action wouldn't be subject to legal challenge.

I've already offered a tenner, that ship has sailed. 😂

Unless the council want to spend a long time in court again, I think the lease has to go to the bondholders, for it to be sold on their behalf - they have a mortgage on it. That's unless ACL really does go for voluntary liquidation, in which case the liquidator can disclaim the lease. Are they...

Incidentally, I know it's never going to happen, but I emailed the administrator yesterday to see how a supporter funded bid might work. No response as yet, maybe he's playing hardball. 😁 I'm going to back to them tonight and offer a tenner out of my own pocket (I'll enclose a photo as proof...

Packed lunch! (School rules apply though, obviously, no sweets or fizzy drinks allowed). 😁

Not a disaster. I didn't see anyone have an absolute shocker, but hey, that's just my opinion. I'd like to see what happened for that second goal of theirs again, either he was way offside (which I don't think he was), or the whole defence decided to take a nap at the same time! We did...

I don't think you rely on volunteers at all. If it's a viable business as claimed, then you let it run as one, if it isn't then you get someone in who can make a go of it.

Yep, that's the idea. No one makes money out of it, but you get some pleasure out of it perhaps. A bit like when some of us actually had shares in the club...

Now that is an absolutely fair point, but then we're endlessly told that ACL is a viable business. If it was completely clear of debt does that make the difference?

Just to be completely clear I'm not asking anyone for any money mate, never would, I've got to live in this town.... .... however, if you want my account details... 😁 Seriously, if you did this, I don't think you do it as a bond, this isn't an investment. It's about securing the stadium for...

Again, happy to be corrected and not trying to start a row, but I listened to that meeting, and I don't recall Duggins or Ridley saying anything about it. That is the meeting where Ridley was asking questions about Wasps and bailouts at least. Was there another meeting?