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  1. Rusty Trombone

    Could Otium

    The lease extension was sold by the Council as freeholder, nothing to do with SISU's offer for Higgs share, and the value of it being extended was low at £1m, and the stadium won't last 250 years. I don't think it's a great argument that the bank may have accepted a hugely reduced offer from...
  2. Rusty Trombone

    Could Otium

    No, but if you have feel free to share.
  3. Rusty Trombone

    Could Otium

    The shareholders have the ultimate power. The shareholders all appear to want Wasps to get 100% of ACL.
  4. Rusty Trombone

    Could Otium

    The price reported at £2.77m is more than the £2m offer from SISU. The other SISU offer of £5m was tied to the loan being reduced by the bank, which was never going to happen, as proven by the banks rejections of even higher offers. You may well be right about the other bits, but to keep...
  5. Rusty Trombone

    Could Otium

    Wasps and the Council have both confirmed the sale has gone through, it's one of the few questions that has been answered so would be very surprising it this wasn't the case. So the Council can't veto anything, so little point trying to pressure the Council. Also Higgs can sell when they want...
  6. Rusty Trombone

    Interesting views on Wasps games at Ricoh.....

    ok, so you've changed your approach from demolition so I'll discuss alterations. I would also class the maintenance as a responsibility rather than a right, but each to their own. Usually in commercial building leases, yes I'm aware that this is a commercial one, you are allowed with permission...
  7. Rusty Trombone

    Interesting views on Wasps games at Ricoh.....

    Yes I'm sure. You can lease land, you can lease land and buildings. ACL are leasing the building, and I assume some of the land. From what you have written it looks like you lease the land and not buildings, so this would be different, but if you want me to have a look into it for you let me...
  8. Rusty Trombone

    Sepalla interview

    If you look back I provided a link that helped you out.
  9. Rusty Trombone

    Interesting views on Wasps games at Ricoh.....

    The look in the mirror remark doesn't really work, you accused me of assuming, I said it back, do the rules of comeback allow a repeat? I've told you before, but here's one, a lease allows you to operate from a building, the freehold gives you ownership of the building. Owning the freehold...
  10. Rusty Trombone

    No News from Court of Appeal

    Can you post a copy up?
  11. Rusty Trombone

    Interesting views on Wasps games at Ricoh.....

    para 1, I haven't mentioned any sound bites, I mentioned they had said they were open to offers, they were, so not really swallowing any lies there was I? para 2, They are different things, hence the different terms, you'd have to ask Joy why she was so bothered about freehold. Of course if she...
  12. Rusty Trombone

    Interesting views on Wasps games at Ricoh.....

    The thing that they have sold, which people are unhappy about, that's the thing they invited offers for. They said they wouldn't sell the freehold. They haven't sold the freehold. Nothing prevented SISU making an offer for ACL.
  13. Rusty Trombone

    Interesting views on Wasps games at Ricoh.....

    They invited offers from anyone.
  14. Rusty Trombone

    No News from Court of Appeal

    I think any new evidence would still need to be proved to have existed at the time the loan decision was made, so it's not necessarily a case of any new evidence. I'm no lawyer so this is just my understanding, if you want a full legal view it's best to ask Fisher.
  15. Rusty Trombone

    Sepalla interview

    I'm not suggesting either of those scenarios. I think she would be an important cog in getting the deal through, and therefore my answer to the question that I was replying to is valid. If she is telling lies about her first meeting with them being in July I'd have thought that would be easy for...
  16. Rusty Trombone

    Sepalla interview

    Lucas said her first meeting with Wasps was in July this year, implying that's when it became a serious bid.
  17. Rusty Trombone

    Sepalla interview

    I meant from posters on here. Mutton saying it doesn't really back up Sick Boys comments.
  18. Rusty Trombone

    Sepalla interview

    No. Were there complaints when they were thinking of buying Higgs shares before?
  19. Rusty Trombone

    Sepalla interview

    I don't recall any complaints of this nature, maybe it was before I started reading on here.
  20. Rusty Trombone

    Sepalla interview

    When were there any complaints that SISU hedge fund may take ownership of ACL?
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