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Easy mate, we will storm back to the premier league.

Wasps raise £35 million from sale of bonds Buy out SISU with said money We get back to back promotions to the premier league Everyone gets paid back using Sky and BT money Everyone rolls around in cash Sounds like an action plan to me.

I'm not kidding myself or anyone, Fisher is a clown. Just making the point that in the hypothetical scenario a lot would blame SISU/Fisher for it whilst singing Wasps praises.

Even is Wasps allow us to stay on, nothing will change. It will just be the same crap as now and I can't see how that will ever change.

Commercial confidentiality, seems to be the accepted excuse when people want to hide facts from the fans.

Can picture the scenario now Wasps 'We wanted CCFC to stay, CCFC walked away from the Ricoh' (whilst declining to mention that they wanted them to stay on the basis that the rent is jacked up 10x and we no longer get a share of match day revenues) Then everyone goes crazy and blames Fisher

Not for me, I'd probably become an armchair/neutral follower of football

“It’s been something we’ve been working on since the original purchase of the Arena back in October,” said Armstrong. So apparently they planned to do this from the beginning, so when the CCC loan was renegotiated to 20 years or what ever it was were they aware then that Wasps planned to pay it...

But Wasps say they want us there. They won't cut us out as long as it is a deal that suits Wasps, seeing as we don't have much choice on stadiums Wasps hold all the cards in negotiations. Such a bad situation for us

All we need to do is make £5 million in merchandise sales, easy!

Thing I don't really understand, is why are Wasps making out this makes them the richest rugby club in the world by effectively taking a loan. It's like me applying for a bunch of those pay day quick loans, and then splashing the cash on a lavish lifestyle and pretending I'm a millionaire.

If I was a betting man, I'd say he won't be here but I'm not sure which bit of that paragraph says he won't be here next season. It's not uncommon for people to go home an take a break at the end of the season. There will be no training, whats he going to do? Sit in his hotel room for a week? I...

A very informative post, although bonds are not abnormal as you said. In this case it is abnormal as wasps are the first sports club to ever do this. This isn't in any way or shape normal for a sports team

The Richardson bit is there hidden as 'refinancing shareholder loans' I believe Sounds better than Richardsons back pocket I guess, wouldn't want to turn anyone against Wasps

http://www.coventryobserver.co.uk/2015/04/14/news-Indebted-Wasps-may-seek-fans%27-loans-and-pay-back-council-taxpayers-131528.html Called it spot on here

http://www.bbc.co.uk/sport/0/rugby-union/32476299 Wasps say they are on course to become the richest rugby club in the world after announcing their latest financial initiative. Well if we went and borrowed more money than any other club in the country then we'd have the highest revenue in...

Where do I hand over my £2k?

Use of Proceeds The proceeds from the issue of the Bonds will be used by Wasps Holdings and ACL for the following purposes: (a) to repay in full the facility provided to ACL by CCC; (b) to repay in full the Close Leasing Facility; (c) to part repay to Derek Richardson anamount of up to...

Clingan was decent at them as well.

If we go down, everyone can blame me and I will take full responsibility for relegation.