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  1. chiefdave

    Wasps current finances & hope

    But at the moment its losing money. Does it really matter how much it generates if year on year there's a loss? The thing that makes no sense to me, besides the way the value conveniently goes up by just the amount Wasps need it to every time there's a valuation, is that its security for the...
  2. chiefdave

    Wasps current finances & hope

    Sure that's fine, not like they've been found out for supplying falsified information.
  3. chiefdave

    Wasps current finances & hope

    Obviously good but you have to wonder how much more it can go up when we're been told for the last couple of years business is booming and there's events on practically every day. If you look at the valuation reports they always state they have been prepared solely based on information provided...
  4. chiefdave

    Wasps current finances & hope

    One that states on their website 'We have considerable experience of supporting management teams through crises"
  5. chiefdave

    Academy news

    Well that certainly fulfils the promise of a brand new state of the art facility in Coventry for the benefit of the taxpayers who subsidised Wasps stadium.
  6. chiefdave

    Wasps current finances & hope

    The comments are that are brilliant. You can tell which ones are Wasps fans who have splashed out and which are regular investors.
  7. chiefdave

    U18/U21 Development Thread

    Only thing that comes to mind is the long term deal at the Higgs they've been talking about.
  8. chiefdave

    Wasps current finances & hope

    The questions that spring to mind are: How much more can be generated by Wasps and the Ricoh? We keep being told business is booming, crowds are bigger than ever etc yet they're still losing money. What happens if and when either Wasps or the Ricoh have a bad year? Looks like without the owner...
  9. chiefdave

    Wasps current finances & hope

    think you can leave the word borderline out
  10. chiefdave

    Wasps current finances & hope

    They've also listed Catfish & the Bottlemen as a highlight. That was a disaster, the bands management had to intervene on the night due to how badly run the event was.
  11. chiefdave

    Wasps current finances & hope

    So from a quick glance on what they claim was an exceptionally good year on and off the field they've still lost £3.7m, failed to meet the bond covenants and (reading between the lines) had PWC refuse to sign off on the accounts. Very handily for them despite all this the value of the Ricoh...
  12. chiefdave

    Wasps current finances & hope

    If anything kills them it will be heaping debt on the Ricoh the minute they walked through the door.
  13. chiefdave

    Wasps current finances & hope

    That can't be good.
  14. chiefdave

    Liverpool Fans In Rome

    Can you imagine the outcry if a European team coming to play in England were told the same.
  15. chiefdave

    Court hearing delayed

    Is that just down to court administration or has it been reported back to the judge that mediation is getting somewhere so he’s allowing more time?
  16. chiefdave

    Poll: How long will Trump be President?

    How is the North Korean nuclear test site collapsing after the last test they did in September anything to do with Trump? Also, why is the Mails royal correspondent writing about Trump?
  17. chiefdave

    Wasps current finances & hope

    The things you conveniently miss out when you post the same old crap over and over again is that CCFC bid more than Wasps paid for Higgs 50% of ACL and that both Fisher and Sepalla have said the length of the lease (50 years) was the issue and a longer lease would be considered. Unfortunately...
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