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It’s around £4.3 m with £2m interest on top isn’t it?

Wolves all but one D3 regional

Who knows

Not in the premiership

Well you get a £200 million reward if you get it right

They invested around £26 million at the point of purchase

Where are you getting that from?

it isn’t

indeed

yep https://www.skybluestalk.co.uk/threads/bob-ainsworth-on-acl-sale-to-wasps.53481/page-2#post-855505

it was sold for £5.6m not £19m

The price wasps paid was £5.6 million - you just don’t understand for some reason that rather basic fact. Not £19 million but £5.6 million. It’s a fact. Richardson used the leverage of the grounds valuation to borrow against it to get his money back. Another fact

Because dodgy Derek wanted his money back and saw this a way to get £10 million in one day

Eh? If Sisu had purchased the Higgs share as per the formula price they would have paid was it £11 million (?) for the share and the club still would have been paying the same rent it had before Unencumbered was a word Lucas managed to pronounce and that was it.

The shareholder value was £5.6m - it rose to £64m when the lease was purchased - what does that tell you?

Waaps paid £5.6m for the purchase of the shares - they then paid an extra £1m for the purchase of the lease extension. The lease extension raised the valuation of the Arena from £5.6m to I think £64m (?) A valuation that took into account all outgoings did it not?

it wasn’t as there couldn’t be a legal requirement to do that

The loan was a cost of purchase that was reflected in the shareholder value the same as any other payments - there was zero requirement to purchase the loan and the owners of wasps holdings could have paid the mortgage to the council - mutton at the time said the interest on the mortgage would...

No they decided on a different funding source to finance a charge against a business they’d purchased - they wouldn’t have even had an option to refinance without the lease extension and they had no obligation to do so

The guy who committed the crime studied at the university and was here from a child - his migrant status isn’t relevant