Grendel
Well-Known Member
It would be an unsecured claim we’d get nothing
It’s not a case of wasps 2 it’s if the wording in the default clause allows moonstone a claim over the council
I have not a great knowledge of liquidation or administration so appreciate someone knowledgeable thoughts - Ts the rumor in the telegraph says that CCFC will put a claim in for lost revenue and the covering of a potential large fine from the ELF - How are wasps going to pay this in there current circumstances including chipping in for the pitch ? Could CCFC put wasps into liquidation/administration ? Will CCFC ever get any of the claim back if wasps went into Liquidation/administration ? If wasps go into liquidation/administration change there name to say Wasps 2 and start again no debt - would the council dare give them another lease under a new company name if the stadium was once again up for grabs and they offered more for the stadium
Big CCFC following in the gas club. Great lads and pissheads.Wasnt the gas club one ?
They used to have wasps flags flying out the front. Theyve now been taken down
Interestingly only two in Cov:There is a list of pubs in Warwickshire and Coventry on the wasps website that are affiliated to them
Shame that, Black Pug is lovely and was in their garden yesterday. Will struggle to go in now though knowing its affiliated to them lot!
The really annoying thing with that is that the Cape of Good Hope is a bloody good pub!
I’m more surprised that the Wheatsheaf isn’t on there!The really annoying thing with that is that the Cape of Good Hope is a bloody good pub!
Shame that, Black Pug is lovely and was in their garden yesterday. Will struggle to go in now though knowing its affiliated to them lot!
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For anyone interested here a link to a brief explanation of the pitch fixing process and benefits of the work being done on the CBS
Looks like something from Thunderbirds
Looks a right tank. Can it play centre back?
Thunderbird 7. International Rescue’s new service, responding to urgent distress calls for replacement of life-threatening divots. I can hear the music now!Looks like something from Thunderbirds
The Bull and Anchor would do well to dispense with that bullshit status . I’ve had to cancel two tables there this season already…….reason I put for cancellation on the E mail…..blame London Wasps !
Yep. I'm sure they will realise there's much more from ccfc.The Bull and Anchor would do well to dispense with that bullshit status . I’ve had to cancel two tables there this season already…….reason I put for cancellation on the E mail…..blame London Wasps !
Like I said before, it's a magical beast that defies the likes of us understanding, run by wizards and pitch fariesFor anyone interested here a link to a brief explanation of the pitch fixing process and benefits of the work being done on the CBS
I wish my pecs were still that good hahahaI guess that's robbiethemole?
Nice boots robbie
There was also 200 million paid by CVC venture capitalists when buying a minority share into the rugby premiership . In return for voting this through. each club were given a share . I think there were rules on what this could be used for though . Wasps used this to fund the training ground at Henley I’m sure
There was also 200 million paid by CVC venture capitalists when buying a minority share into the rugby premiership . In return for voting this through. each club were given a share . I think there were rules on what this could be used for though . Wasps used this to fund the training ground at Henley I’m sure
I think there could be time bound covenants in place on any future sale
If so, it’s odd that (a) it was never wholly owned by Wasps and (b) is now wholly owned by a third party company (since the day of the bonds default).There was also 200 million paid by CVC venture capitalists when buying a minority share into the rugby premiership . In return for voting this through. each club were given a share . I think there were rules on what this could be used for though . Wasps used this to fund the training ground at Henley I’m sure
I think there could be time bound covenants in place on any future sale
It seems as though the training ground would not be included in any list of assets in the event of Wasps holdings going into administrationIf so, it’s odd that (a) it was never wholly owned by Wasps and (b) is now wholly owned by a third party company (since the day of the bonds default).
You would almost think it was part of a cunning plan.It seems as though the training ground would not be included in any list of assets in the event of Wasps holdings going into administration
In the Sunday telegraph today it will state The amount of taxpayers' money poured into Premiership Rugby clubs to stop them going bust has more than doubled initial estimates to reach £124m.
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I don't think Wasps would have the balls to charge more for the lighting!Another issue that arises from the postponements of games during August is the additional costs associated with the rearranged fixtures to mid-week or during the autumn/winter time.
The energy costs of having to use floodlights will be significant. I hope the club has a fix cost rental agreement that cannot be increased for energy costs.
There was also 200 million paid by CVC venture capitalists when buying a minority share into the rugby premiership . In return for voting this through. each club were given a share . I think there were rules on what this could be used for though . Wasps used this to fund the training ground at Henley I’m sure
I think there could be time bound covenants in place on any future sale
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