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Interesting reports this morning. The NEC group owned by Blackstone would create economies of scale with using their existing infrastructure to run the arena. Potentially with both CCFC & Wasps as tenants. As for Mike Ashley he's supposed to have made a bid. Undertook a due diligence in going...

Lets search for a Billionaire who wants to become a Millionaire!

I seriously question the sanity of a consortium buying wasps holdings before administration. There can’t be that many stupid investors in the world. The business plan for wasps has failed year on year…. Why would you trust an ex-CEO of wasps, unless you like losing money? Premiership Rugby is...

I'm concerned. This first half of the season is now going to require a strong mental approach from the players, as I hope we start to secure positive results. The issue with being rooted to the bottom of the table could start to affect the players confidence. The pitch issue, poor resourcing of...

However, the right of CCC to claim forfeiture of the Head Lease is not an automatic right. If CCC made a claim for such forfeiture, this could be contested by ACL2006, any third party that held security over ACL2006 and any subtenants of ACL2006 by making application to a court in England. Are...

Why would an investor even consider pumping money into a company that they could pick up in administration for a fraction of the price? I'm not sure there are too many economically illiterate millionaires

Are the seats taken allocated to the free tickets? 😂 😂

Since last Friday, Wasps attempts to refinance the debt moved from difficult to near impossible. Covid can't be blamed. I wonder what they'll blame next ..... it's too windy at this time of year?

Another wind up.........yawn!

We did for 37 years…. Just saying!

......and the reports of steroid use in some independent schools by aspiring rugby players

Tommy Hutchison was my hero as a child. I was so lucky to have seen him play for us. "Hutch on the wing and Stein in the middle...."

Did he say which year? 2030??

Own up which one of us has been using their vpn to fool these desperate bunch that they’ve found £2m down the back of the sofa

Both France & now Germany have nationalised energy providers, as the market for energy is damaging their domestic economy. In the UK we are borrowing £100 billion to subsidise the energy companies, which will inevitably boost their profits, to try and prevent more damage to our economy. It'll be...

The finances of Premiership Rugby Clubs is nuts......similar to the Championship, but at least the clubs in the EFL have the chance to reach the riches of the promised land of the PL. From recent survey of Premiership Rugby clubs only Exeter were showing profits or breaking even pre-Covid. The...

My take on recent events is the move towards administration is: a] To buy time for a last ditch attempt to refinance b] Allow Wasps Holdings to appoint an administrator, if it comes to that course of action rather than HMRC or Bond holders Regarding the value of the CBS arena - Pride park was...

Unless you are an economically illiterate person you would never invest in a Premiership rugby club. Everyone one of the clubs … bar Exeter …. Lose money every year and Wasps business plan is a total basket case. Ultimately it’s us the tax payers of UK who lose out with these situations

It’ll be interesting to hear the bond holders reaction. They’re going to get shafted

Alongside the issues of repayment to the bondholders is also the reported outstanding tax bill due to HMRC. I don't understand how a business [Worcester] can have circa £6m of outstanding payments due within a short time. Employer payments are due quartely and I accept corporation tax is paid...