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  1. Liquid Gold

    Wasps

    They can't. £35m refinancing at 12% (for example) interest is going to fuck them on top of what they are already losing. There is no long term future for them here. I've heard they were sniffing around the Alex stadium in Brum, that could make sense if they could dump the bonds somehow.
  2. Liquid Gold

    Wasps

    In an ideal world - maybe? It is actually not quite clear how they hold security on the bond, I don't think its as clear as they own the stadium when they want, which is what we (and they) thought. If it got to the point where the bondholders would foreclose then I think Richardson has some...
  3. Liquid Gold

    Wasps

    No, they'll move the debt elsewhere and interest payments will take a massive jump. They will continue to trade in the short term but their £10m a year losses will increase.
  4. Liquid Gold

    Wasps

    My understanding is that they have been offered the £35m to refinance the bond. They say they are in advanced discussions but the terms will probably not be very favourable so it will likely just kick the can down the road.
  5. Liquid Gold

    Wasps

    This is the sort of bullshit which means they overvalue the product and think they are going to get massive crowds or tv viewership because a few people watch the 6 nations in a pub. “The fact is we have a massive market opportunity with club rugby,” insists Simon Massie-Taylor, Premiership...
  6. Liquid Gold

    Wasps downward spiral...

    This has got to be the worst possible time to refinance with interest rates skyrocketing.
  7. Liquid Gold

    Match Thread ⚽️ Norwich City vs Coventry City Match Thread - Saturday 3rd Sep

    It'd be cov city as fuck to get something here. The lads should go in without any pressure on their shoulders because anything other than a bad loss is a bonus. Can see a sneaky point.
  8. Liquid Gold

    Car Repairs

    Mrs workmate's fella turned out to be a VW engineer so he said he would do it on the cheap for us, parts at cost and then a bit of labour. Got 4 new pads and disks for £190 and he's got a whole new set of belts and water pump ordered for £240. I'm taking this as a huge win.
  9. Liquid Gold

    Car Repairs

    I really fucked up a door once with a big dent and scrape and was quotes £900 to repair it so I bought a matching door on eBay for £90 and fitted it myself. Could prob do the same with a bumper.
  10. Liquid Gold

    The defence

    It’s a fucking glitch in the matrix. Mandela effect in full force.
  11. Liquid Gold

    Adaramola being sent back to Palace?

    But the incomings and outgoings were over
  12. Liquid Gold

    Wasps downward spiral...

    Come on bond holders. We’re all behind you.
  13. Liquid Gold

    The defence

    This has blown my mind. Never knew there were two.
  14. Liquid Gold

    Rose & Mcfadz

    Couple years ago I’d have agreed with you but he just hasn’t had the game time. Big big season for him to prove it.
  15. Liquid Gold

    The defence

    Management definitely don't think he's up to the level
  16. Liquid Gold

    Not going to trawl all the other forums, but I'll start with...

    You need to be more frugal with your likes or Nick'll start charging for them
  17. Liquid Gold

    Next 10 games

    LOL
  18. Liquid Gold

    Rose & Mcfadz

    I think Rose just seems to take an age to get into the swing of things and then inevitably gets an injury or something by the time he gets going. If the plan is for him to take over from Hyam then I think we're just going to have to accept a few mistakes from him and persevere until he gets...
  19. Liquid Gold

    The defence

    I think 4 at the back suits our attacking players more while O'Hare is out too. I'd look at going a 4-3-3 like: Moore Dabo Fadz Panzo Bidwell Hamer Sheaf Allen Waghorn Godden Gyokeres With Allen coming out for Palmer when we're being more adventurous and the midfield going: Hamer Sheaf Palmer
  20. Liquid Gold

    Deadline Day Thread

    I’d prefer that but then we’re we’re the double midget formation in the middle which makes me incredibly nervous.
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