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Exactly right but it seems far to complicated for most people!

I've already laid out the scenarios in which it makes sense and pointed out that it's not the only option as you can build, or at least Bournemouth did, a permanent 15K capacity stadium for under £10m.

I agree. To me there's a big difference between building a 15K stadium and that's it for the next 100 years and having 15K now but being able to up it to say 25K before the start of next season if we got promotion.

If, and it's a huge if, it was found that the loan to ACL was now state aid as ACL is privately owned it wouldn't matter how well Wasps are doing would it? A judge wouldn't go, well lets not worry about it, seems Wasps are doing OK.

The theory was the loan from CCC to ACL was OK as CCC were protecting their own investment now. Only now they don't own ACL, it is owned by a hedge fund. I suppose the argument would be the council giving loans to a company owned by a hedge fund is very different to the council giving loans to a...

I think that's one for the lawyers. Didn't the judge in the JR say it was OK as CCC were protecting their own investment, that wouldn't be the case now would it? Think that would need a whole new legal action launched so that's something to look forward to in the new year! Could be interesting...

Do you not have an understanding of the word temporary? Why rush to build a 25-30K ground when we're getting 8K now and most people are here are saying they will boycott if any new ground is a cm over the city boundary? By having temporary structures, I would suggest just on 3 sides with a...

Everyone be careful what you say. Mart seems obsessed with tax, I think he's from the inland revenue!

Does it matter, if CCC loan ACL another £10m tomorrow will you then be saying Wasps have purchased ACL for £30m? Bingo, at last. Your house = ACL, an asset your own in your car = an asset ACL own in the lease. You took out a loan to buy your car, ACL took out a loan to buy a lease.

Prize for post of the day.

But from the sounds of things it's not the same loan so it wasn't already in place.

We all know the answer to this, just look how everyone ripped into Hoffman when he offered £1.

I'll try again. I buy you flat for £130K. While I'm there I like the look of your car and offer to buy it off you, turns out you owe £5K on your car loan and the car is worth £10K. I offer to pay you £5K for the car and make you a payment every month to cover the loan. Have I purchased your flat...

I'm not talking about the taxman. Company A purchases a box making machine for £50m, the life span of the machine is 50 years. They fund this purchase with a loan where they have to pay back £1m a year. 10 years later the owners of company A sell it to to Acme for £5m. Company A will continue...

No that's not what I said, I said if I paid £130K for your flat and took on your loan. You're now changing that to manipulate it to suit your point of view. If you're going to do that I will pay you £120K plus the loan as the flat is valued at £130K.

I've heard the wages are great :)

Isn't the JSB stuff run by volunteers out of their own pocket (or fundraising) not the club? Don't get me wrong it's fantastic they do it but it is absolutely correct that we are losing fans. Some may return, some won't. My Dad had been going for 60 years prior to the Sixfields move, now half...

So on the deeds it would say I'd paid you £140K?

I'm thinking of a career change. You never know could end up working with Grendel!

Look at it another way, instead of taking the initial YB loan ACL had the option to pay yearly for the lease, I think it was £1m a year. If they had taken that option and with Wasps having 250 years left to go on the lease would you say they had paid CCC £255.4m?