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Risks relating the head lease of the Arena granted to ACL2006 Under the terms of the head lease granted by Coventry City Council (“CCC”) to Arena Coventry (2006) Limited (“ACL2006”) in respect of the Arena (the “Head Lease”), CCC have reserved the right to forfeit the Head Lease if ACL2006...

They would probably need it to repay Compass loan that is not that far away from repayment As detailed in this Section 7 under the heading “ - Overview of the business of IEC”, in 2012, ACL entered into joint venture and licensing arrangements with Compass Group Limited (“Compass”). As part of...

So what happened to this promise: The intention of Wasps to develop the Ricoh Arena as a conference centre plus a training facility in the future would benefit the City

Practically everyone working at the Ricoh? o_O

Be careful when mentioning Compass :emoji_hushed:

Civil ceremony ha! REAL Civic Ceremony at BPA on Saturday. Lord Mayors of Coventry and Hull in attendance :emoji_ok_hand:

I am not worried - it is not me the Registrar is chasing :angelic:

Technical issue ??? Please do explain !!

What ever happened to this : • The commitment that any deal relating to the Ricoh Arena would not be approved unless the following three tests were satisfied: (1) A good deal for the City (2) The security and future of Coventry City Football Club (3) The security and future of Coventry Rugby...

I am not frothing but I see you have not answered my question about the non filing of accounts As you are in the know

There is an early settlement clause in the Prospectus - last line is interesting Optional early repayment by Issuer The Bonds may be redeemed (i.e. repaid) early, at any time on or after the interest payment date falling on 13 May 2019 at the following applicable redemption prices (as set out...

OR c) They sell up and move on

"We understand the accounts will be submitted in the next few days and, while containing far from ideal figures, their content is not as damning as is being speculated" What are the "speculated" results and where are they being quoted? Does this mean the EBITDA cover for the Bond Holders falls...

Have you also been briefed why WASPS Finance accounts are 4 months late ?

Wasps mutiny! England stars Elliot Daly and Joe Launchbury set to leave over 'broken promises' on training facilities and contracts Wasps resume their Premiership title challenge against Northampton on Sunday But Coventry-based side face growing threat of an exodus of their leading stars...

CT up with the news :-) Wasps Group accounts now more than three months late

The Bond Price should not change much in the short term. The Bonds are not due to be repaid until 2022 so short term hiccups have no effect, unless selling now. However, if the Bond Interest is not paid or there is a perception the Bond Capital will not be paid the doubts creep in. The Ricoh...

I think this makes answers your point April 28th Cov v Hull The occasion will also mark a handover of the City Of Culture mantle from Hull (2017) to Coventry (2021) with the Lord Mayors of both cities in attendance.

My paper copy of Observer quoting WASPS saying they have not filed the accounts

Article Font Size: A A A Come and help us celebrate! Posted on 2nd April 2018 by John Wilkinson COME and join the party! Saturday, April 28 will be a day of celebrations at Butts Park Arena as champions Coventry Rugby complete their title-winning National League One campaign against Hull...