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Stay calm and not react to rumour? Where's the fun in that! Nick would have to close the forum down (and I'd have to do some work too, I suppose). 😄

Not embarrassing mate, moving here was wrong from the very beginning and they deserved to fail for both that and their staggering hubris, imho. I'm not celebrating a load of people losing their jobs, but if Wasps end up back in London as a championship club it'll feel like the right outcome to...

I'd guess it'll be like Worcester. Relegated to the championship, whole new squad. No lease though, no 'P' shares, but no debt. As long as they bugger off back down south I guess I couldn't care less.

The trustee is supposed to be acting on the bondholders behalf, but has been remarkably inactive so far. However, at some point he's going to be obliged to step in. There's no way he could just let the lease slip away without challenge; if he does you'd think the bondholders would have a serious...

It's the same issue though, the bondholders have a mortgage on the lease, so they're not going to let it just revert to the council. If either the administrator or the council try to disclaim the lease, I think the bondholder (or at least their trustee) would go to court to stop it happening...

That half was carnage.

That Palmer bloke is useless. 😄

Maybe someone could introduce our players to each other at half-time...

I hear soccer24hd.com can be quite useful. Wouldn't know myself though...

Defence is looking.... interesting! I reckon the plan is to let them punch themselves out and then have a go ourselves in the second half. FFS.

If my wife said it was my fault that we we were getting kicked out of somewhere where we were paying rent and had a lease because I hadn't built a new house, I'd say she was off her fucking tits. Let's not use shit analogies eh, we've got a lease, we're paying the rent, this isn't our fault no...

Yep, it's just daft to blame this on the club. We've got a ten year lease that we've been paying in good faith. In that period Wasps have pulled down ACL with their 'biggest club in Europe' bollocks (a.k.a reckless gamble), and a council that willingly played along with it. I've no love for...

In fairness mate, I'm not sure anyone really knows what's going on, at least you're honest about it! 🙂 If ACL are already begging for money, then I can't see how they can drag out an administration process, or apply for another NOI. If we're already having to pay extra to play, they must...

Three possibilities here that I can see: ACL enter another NOI. That means they keep trading, we play on Tuesday as normal. Seems unlikely if it's true that we're already having to pay to play today. No NOI leads to the remaining two paths: Administration: Potential buyer surely has to fund...

Can I just point out that in all fairness, SISU didn't distress Wasps. Their demise was entirely of their own making and it had been long predicted here and elsewhere. I think we'll see next week if SISU fancy a tilt at the stadium, there's never going to be a better time to buy, imho...

Though of course, ACL aren't currently in administration. Yet. I made the same mistake recently, in fairness, but then I'm not paid to stay on top of this... I just do it for love. 😁

Maybe they looked more respectable than @shmmeee 😁

Fair enough, but I still don't see quite how that plays out. At the moment ACL have an asset of value, the lease. The liquidator/administrator's legal duty is to recover as much as possible for the creditors (bondholders first, then HMRC, then everyone else, iirc). He can't do that if he...

They are indeed, 100% owned by WH according to the prospectus. Sounds fishy, doesn't it?

Depends on whether you can perhaps front me six quid until payday? 😁