Liquid Gold
Well-Known Member
Eastwood could come out and say "we intend to eat the first born children of every coventry city fan" and the trust would agree that there would be no infanticide if sisu hadn't withheld rent.
If we move (1 Viewer)
- Thread starter Grendel
- Start date
Nick
Administrator
Fergusons_Beard
Well-Known Member
chiefdave
Well-Known Member
They don't even attempt to hide it. They are quite openly SISU out above anything else, including the future of the club.
Maybe they can arrange a sit in for 10 mins after the game on Saturday.
Nick
Administrator
Already been talk of it. No doubt it will be hold something up on so many minutes as well.
If the club move, there's space for a new team isn't there?
SkyBlueDom26
Well-Known Member
Subscribe to read | Financial Times
Wasps face FCA probe over market statements, won't let you read it without subscribing though
Wasps face FCA probe over market statements, won't let you read it without subscribing though
Johnnythespider
Well-Known Member
Get used to it if we remain as tenants to Wasps
The Financial Conduct Authority (FCA) has launched a probe into rugby club Wasps, according to the Financial Times.
The watchdog is trying to determine whether the 152-year-old Premiership club misled the market about the state of its finances and how quickly it rectified the situation.
According the report, the FCA has opened a formal investigation and is calling in individuals for interviews.
Both the FCA and Wasps declined to comment.
The probe comes after Wasps breached its bondholder covenants at the end of 2017 by £1.1 million after classing shareholder contributions as income. It blamed the error on 'accounting irregularities'.
The £1.1 million was linked to Irish businessman and Wasps owner Derek Richardson, who injected the cash into the club. Once this investment was stripped out, the club's earnings were £2.4 million, rather than the £3.5 million it originally reported.
Investors piled into Wasps' retail bond when it launched four years ago, stumping up more than the £35 million the club was aiming to raise.
The bond, which is tradable on the London Stock Exchange, is fixed at an annual gross rate of interest of 6.5% until 2022.
The bond was launched shortly after Wasps moved to its 32,600-seater stadium at the Richo Arena in Coventry from Adams Park, High Wycombe, in December 2014.
The watchdog is trying to determine whether the 152-year-old Premiership club misled the market about the state of its finances and how quickly it rectified the situation.
According the report, the FCA has opened a formal investigation and is calling in individuals for interviews.
Both the FCA and Wasps declined to comment.
The probe comes after Wasps breached its bondholder covenants at the end of 2017 by £1.1 million after classing shareholder contributions as income. It blamed the error on 'accounting irregularities'.
The £1.1 million was linked to Irish businessman and Wasps owner Derek Richardson, who injected the cash into the club. Once this investment was stripped out, the club's earnings were £2.4 million, rather than the £3.5 million it originally reported.
Investors piled into Wasps' retail bond when it launched four years ago, stumping up more than the £35 million the club was aiming to raise.
The bond, which is tradable on the London Stock Exchange, is fixed at an annual gross rate of interest of 6.5% until 2022.
The bond was launched shortly after Wasps moved to its 32,600-seater stadium at the Richo Arena in Coventry from Adams Park, High Wycombe, in December 2014.
NorthernWisdom
Well-Known Member
They are the exception though. Bit like Blackpool weren't necessarily what every team could do hitting the top flight.
4waspsting
Active Member
If we had been promoted to the championship we'd have looked right chumps playing in front of 3,000
SISU lost the plot completely gonna lose 10,000 paying customers in our present division
SISU lost the plot completely gonna lose 10,000 paying customers in our present division
win9nut
Well-Known Member
How do you getto that ratio?
Sky Blue Pete
Well-Known Member
This survey at the top based on it being depicted across the core 10000 supporters
