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https://www.coventrytelegraph.net/sport/rugby/coventry-rugby-club-jon-sharp-19071421 Coventry Rugby Club’s estimated losses across the season due to Covid-19 have topped £2 million – with executive chairman Jon Sharp issuing an impassioned plea to highlight the club’s fight for survival. It...

EBITDA is only part of the valuation but a starting point The smaller business tends to have special nuances and it is the "profit" figure that requires tweaking

Not sure that is correct, the "profit " figure does not change in the process

Also remember the "Valuation" is based on future income forecasts - wonder when they think all this is going to turn?

The £8m profit is a untrue comparison because of £17m Share Sale plus £4m release of deferred income from one of the Franchises

I suspect they either have not had a revaluation or they cannot agree a figure However any self respecting lender will want to have a formal revaluation

CBILS loans are supposed to be only for for profitable businesses that have been impacted by COVID. The support is meant to infill the COVID gap not cover the previous loss making nor fund future property development transactions

From ADVFN - must be the WASPS PR machine? aringadingding 6 Oct '20 - 11:59 - 110 of 111 0 0 0 Hi All, I see this as positive for the following reasons: 1) It removes certain covenants. To be honest at this stage of the game I don't see covenants as particularly...

If only we knew who the Bond Holders were - I suspect this will get approved

Do the vast "grants" to a non profitable company constitute State Aid. Usually they should only be given to viable concerns

Use the live chat they sorted that problem for me

Ccfc.co.uk There should be a black bubble

Go on the site and there now is a webchat with ifollow- bottom right hand corner

"They don’t send a confirmation email, so so long as you’ve entered all your details that’ll automatically be your all done. You will receive a code and instructions a few days before the home game. Hope this helps." Still waiting!

£500k pm = £6m Last year the trading loss was c£14m They are doing better in the Covid period ?

https://www.transfermarkt.co.uk/coventry-city/kader/verein/990

They lost last night though It is going to be an odd season as teams rotate their squads to give them both rest and game time

I thought this really funny !

From the Bond's Board aringadingding: I have checked out the prospectus and there is nothing in there that bothers me greatly. CC2014 some background reading re trustee processes here...

Not for sometime- isn't it now Gary Ridley?