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Easy mate, that's like someone saying all football fans are coke-fuelled arseholes based on the behaviour of a few of them. Some of us here support both the Coventry footy and the Coventry rugby club. Most of the fans I've met at either venue are decent enough people.

Can't beat a bit of informed guesswork, OSB, it's all we can do at the moment. So what do we know so far? Wasps haven't managed to refinance the bond. ACL haven't filed their accounts. Wasps/ACL have applied for a loan (or grant) of 13m from WMCA. I can't see these as being unrelated. How...

I think if the stadium had serious structural issues, we wouldn't get a safety certificate for all or part of it (like Blues, perhaps). But I couldn't imagine it's that serious. I also can't see any reason why CCFC would want to break their sub-lease at the moment. Similarly, even if Wasps end...

It was a bit more complex than that as I recall, but maybe we don't want to go down that rabbit hole again here. Let's just say that for a brief period, everyone involved seemed up for screwing YB over, but then they all fell out. No honour amongst thieves, is the phrase that springs to mind...

Absolutely. I don't think they're hated at the Butts, but I'm pretty sure that they're not much liked! I've been going regularly for a long time now, way before Wasps rocked up. Cov's owner was apoplectic when the deal was done in secret without their consultation, and I think he still feels...

I don't really care about the 'new' Wasps fans from Coventry. For the most part they've already found something else to do anyway, and if they really love the sport (rather than just the flags and fireworks), then Coventry RFC is freely available to them (and easier and cheaper too). Original...

You mean talking about Wasps being in difficulty? 😁

Last one of the evening, promise. Wasps have been here before of course, trying to leverage Wycombe District Council: https://www.bbc.co.uk/news/uk-england-beds-bucks-herts-14214928 Once again using the implied threat of administration/liquidation if they didn't get their way. They ended up...

Absolutely spot on. This is extremely dubious at best given his history; it is entirely improper that he didn't consult with elected officials before acting on ACL/Wasps behalf and perhaps even recuse himself from the process. We're paying this bloke approximately £200k p.a.. As someone...

That's another good call, thank you. I will pass this over too (might even hang on to a few of these ideas for when I get the boot!).

Exactly what I was thinking mate, but she's been in touch with a good few and none of them have got back to her. I genuinely thought it'd be a doddle if she wasn't too fussy...

So then, 16-year-old daughter is just about to finish her GCSEs, and is looking for a job full-time/part-time/flexible, over the summer. I'm struggling a bit to help her - I must confess I thought it would be pretty easy. This place is always a good source of information, some of of it is even...

It's almost like being here makes one cynical, OSB. :) I don't quite know how Wasps dig themselves out of this hole, but if you were going to go into administration, doing it whilst the RFU has effectively ring-fenced the top division wouldn't be entirely bad timing.

All joking aside, you'd have to factor that in if you're a public authority lending to Wasps. Whatever loan they're applying for will have to be bulletproof. I'd be asking for indemnity clauses for potential legal costs if I was on the WMCA!

I've just had a good look around the WMCA website and read one of their investment reports. The lending they do looks like infrastructure, housing, green projects, brownfield development, etc. etc. On the face of it, it looks well governed, very low risk, and turns a profit. I can't see them...

Not too hard to join the dots here. Refinancing the bond always looked like a stretch, and so it has turned out. Net result, Wasps are after public money to bail them out. It's basically unconscionable, but I wouldn't be at all surprised to see Coventry City council help out. They...

I'm not sure it's going exactly to plan, but I'd entirely agree that the Tories did this to provoke another culture war rather than as a serious attempt to deal with issue. Anything to distract from Boris or the economy, basically.

Appreciate the honesty, like you say no one really knows about the financial stuff, but from the outside it looks ugly at the moment. I think you're a bit wrong on the "water under the bridge" thing too. There's still plenty of dislike for Wasps, and I don't think it'll be going away anytime...

Wasps potential to move elsewhere in London/SE was being discussed a long time ago... https://www.espn.co.uk/rugby/story/_/id/15400663/wasps-linked-again-olympic-stadium-move So let's be adults; the only reason Wasps (self-branded, remember, as London Wasps), moved to Coventry is that they got...

The mortgage lenders will be very reluctant to take on that kind of lending without some kind of guarantee. That's why you see interest rates rise on lending as the Loan-to-Value ratio increases. Even if it worked, and the Government backed the loans, this would surely further inflate the...