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yes

Ah yes Alan ex Coventry Rugby season ticket holder who changed to Wasps

Oh dear

There is from next season in theory and they want Ealing in it somehow

It’s a nonsense - a sub 50 year lease is worthless

Still doesn’t explain why it wasn’t a 250 year lease from the start

Good luck

Surely they wanted maximum revenue from a sale? You seem to be suggesting that wasn’t a priority at all

Nonsense. For a start it has other uses - wasps play on it for 14 days a year by the way Why didn’t they test the theory then and place it as an open market sale on a 250 year lease rather than slip that in through the back door?

I’d have extended the lease of the complex for a start which would have meant the loan against it could have been revised on far far better terms including a pay down of the capital. It was idiotic and they’ve even set themselves up for getting it back under the administration default clauses

No I wouldn’t have sold to ccfc at that point either It was troublesome as the dumb council never would budge on extending the lease on ACL when they had shares in it

The individual squabbles are really a bit of a diversion to the main issue. The sale of a large complex to a company with no trading history and also allowing a lease extension to create value to borrow against was a ridiculous action that will have to be explained at some point

They should really be asking the council to explain why on earth they sold to a business that would have had credit red flags everywhere in tbe first place

It’s totally different. Staff aren’t getting paid - they have not insured the ground and if they don’t pay that they are turfed out next week

That article from Dellagio is even funnier The forum regulars trust Lozza - I said that’s what he’s wife said once - that’s a lack of respect of someone with mental health issues which is why he spent £10 grand on Coke and hookers

Andy on the button https://www.rugbypass.com/news/financial-turmoil-discontent-wasps-pull-one-andy-goode/

The two situations are different

I think so

But that may not be true it’s just a rumour

I think it might be up to £15 as I think the £6m is not including Covid fund support