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Get in touch with your local councillors and tell them they will lose your vote if this is passed.

I’m not entirely sure whether “state aid” is “illegal” since Brexit.

It won’t be to cover the entire debt, will be short term. But still completely wrong and should be investigated for corruption if passed.

The company which own Wasps training ground was never owned by Wasps themselves, but was owned by Richardson and Holland, I suppose transferring Richardsons shares to Holland on the day the bond was due could have raised funds for payment of the bonds interest if Richardson used any of the...

It was indeed.

They are adamant it was over 10k, as reported.

Same owners I think.

Far from an expert on the admin process but wasn't the reason that Otium were the preferred bidder when Sisu put the club into admin because effectively the debt was owed to Sisu. So in theory Otium's offer to repay nearly all the debt (by just moving money around) represented the best offer for...

They don’t accept that they cheated the moment they couldn’t pay what they owe,

Yes, that’s right - £12m operating capital. Another way of looking at the sums is that the £50m pays off bondholders and Richardson and the £12m is sitting there to cover the covid support loans. Or the dilapidations that have been referred to. Whichever way, it sounds a bit like what happened...

The charge held by the bondholders would have to be cleared as far as I understand it - that’s £35m. The £50m bids referred to sound as if they would clear the bonds, HMRC and Covid support loans. Richardson would be hoping for more to go towards the £18m or thereabouts he has put back in to...

Didn’t Dallaglio refer to an auction on Monday?

Really not gone down well on twitter.

Are you sure?

The bondholders were under that impression as well.

I think that is what they are trying to do, and it is the fact that ACL 2006 filed their NOI two weeks after Wasps Holdings and ACL that makes me think so. That will have been by design and not accident and (a) keeps the bondholders off their backs for up to 4 weeks (subject to an accepted...

That so called sports finance expert, Dr Dan Plumley, didn’t seem to know what he was talking about on CWR. Surely if invited to discuss something, you do a bit of research first.

NOI Extension approved.

Yes, but aren’t they saying they have been granted the extension? Or is it obfuscation on their part?

Wasps holding and arena coventry limited haven't been updated (or at least no “new case activity”) and yet the new NOI for ACL 2006 is there?