Most important is that the £6m borrowing is interest free in both the Coventry City Limited and CovCityCo Limited (parent company) accounts. Pleased with this.
Any idea why Ifollow wouldn’t be showing an option to buy the live match package as opposed to audio package? I’m away on holiday, out of the country, so was expecting to be able to buy a one off match package. Any ideas anyone?
Spoke to Boddy after the game yesterday. There is currently no offer for the stadium from Sisu. Dave expects ACL to be liquidated on Monday at which point he expects there to be lots of offers for the stadium. When I asked him if Sisu will offer, he was careful with his words but in a nutshell...
Taken from Facebook bondholder group. FYI I’m not a bond holder, merely an interested party.
“Received this email this morning from Redmayne Bentley, who are my brokers in this matter.
Dear Mr XXX
Re: Wasps Finance Plc – Final Redemption (Update)
Further to our previous letter dated 5th July...
This £1.1m cash outflow will impact Wasps working capital massively. Who even knows if they have the capability of paying £1.1m in cash - would an owner have to stump up the cash, an overdraft facility etc etc?
I would hazard a guess that the £1.1m outflow was not included in any initial...
When is the next instalment of interest due? Being £1,137,500 (£35m x 6.5% / 2 as paid 6 monthly). Is it November? 6 months on from the redemption date?
This will be when things get real interesting with the bond holders - not repaying the principal is one thing, but promising that the...
Going to decrease the rest period as I get out running more often. Weekly mileage still way down on where I was this time last year unfortunately.
How do you find the static rest period versus a slow jog?
6x 1km this evening with 2:30 rest periods of slow jogging:
3:32, 3:31, 3:34, 3:28, 3:27, 3:24
Seemed to get stronger as the session went on. Lovely run