Search results

Fair question, but I don't think they can stand in the way of any sale, because the bondholders have the first charge on it. Either side could go to the courts if they wanted to of course, but from what I've read elsewhere courts tend to back the party with the charge or mortgage against the...

Personal opinion, Pete, but everything I've read suggests the bondholders (who have a first charge on it) get the lease or at least the administrator gets to sell it to pay them. So I don't think CCC will get much of a say in it this time. This could be a good thing!

Possible, but I'm not sure. The bondholders want 35m and they are first in line. Then it's HMRC. There might be that kind of money in the stadium lease if it's sold, but if Richardson had those kind of funds and that kind of desire, I would've thought he'd have stepped up by now and avoided...

Well never say never, but to do that they're going to have to find investors with somewhere north of 50-60m to settle all the debts and pay off the bondholders, and they'll have to step up before administration is entered if they want to be sure of being a Premiership team next year. Given...

Not just Wasps pressuring the CET to pull negative stories. The council also squashed things like the arena bailout story by threatening to withdraw advertising. I'd be very surprised if they didn't have a hand in suppressing anything negative about their pet Wasps project too.

Ah, at first I thought that was Liz Truss in a wig, but then I realised it was way too life-like.

Fair enough, I take your point. I don't think those girls were singing it to deliberately offend anyone, especially now I know a bit more about the history behind it, but I can also see how it will.

Irish heritage here too, and I've got to say that I really don't care for that song. I'll be honest and say that I didn't know the full history of it, but then neither will a lot of people, so they are going to find it distasteful. My personal opinion is that if nothing else the demographics...

Better, to my mind. Even if we remain stuck as tenants to a new landlord, we'll be the primary tenant. That's got to give us some negotiating power when the lease does comes up. And there's a chance, maybe a slim one, but a chance that this brings us to the attentions of someone who can move us...

I'm not exactly a fan of the Mail, but that's a lot closer to the truth than anything the local media have said, imho.

And the fact remains that deal was done in secret, with elected officers literally lying about it, and no one other than Wasps was ever offered the same deal as they were. We've been down this road a few times, so I'm not going there again either, but to paint the council as not a big part of...

I know exactly how you feel, but I also can't believe that SISU want to be here forever. I think that there's a price they'd sell at, I just don't know what it is. I do wonder if the best way of prising the club out of SISU's hands is for an offer to include a bonus if the club does get...

More people follow football than rugby, that's a fact. Beyond that there's not much difference. You and SBT don't care for rugby, I get that. Beyond that it's all excuses and justification. Pompous rubbish indeed.

They absolutely weren't all saying that. Why do people think that rugby and football fans are so different? Go to Cov rugby, as an example, and what you'll find are people who have followed the club for years, generations even. They have the same (often unfounded) likes and dislikes of certain...

I'm running backwards until we win the FA cup. 😁

Speak for yourself mate, of course it's hypocrisy if you're don't think your club should be moved but couldn't care less about someone else's. It deserves calling out as such. You might not have heard about it as much here if Wasps went elsewhere obviously, because at the end of the day this is...

As long as you don't care about a team you support being moved, like say Coventry City to Northampton, that's fine. Otherwise you're just being completely hypocritical. It's an attitude that completely sucks and shows no understanding or sympathy for anyone else. Presumably you'd be outraged...

Go back and read some of the posts from London based Wasps fans who were absolutely gutted. If a rugby fan said it didn't matter about Cov playing in Birmingham or Northampton, or even moving to London, how would you feel? Of course it matters to them, which is why it was never, ever right for...

Far from an expert on the admin process but wasn't the reason that Otium were the preferred bidder when Sisu put the club into admin because effectively the debt was owed to Sisu. So in theory Otium's offer to repay nearly all the debt (by just moving money around) represented the best offer for...

Absolutely. Who the fuck would want a business at the CBS that brings in a substantial footfall to the rest of the tenants, and gets nationwide coverage. And Wasps were doing us a favour? I know where I think the delusion lies here.