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Surely its now time (1 Viewer)

  • Thread starter wince
  • Start date Mar 22, 2020
Forums New posts
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wince

Well-Known Member
  • Mar 22, 2020
  • #1
Surely its now time for CCFC and Wasps powers at be , To be talking about a return , it makes no sense from a moral point of view , ( denying people access to a pass time they love, as life as we knew is going to changed) , and going forward , it makes no sense as a business , to be Feeding Birmingham with revenue that they should be sharing, Work load has stalled, so get the video/conference calls started and both sides get a plan to start earning the local money you both came here for . Maybe SkybluePete and Marc could ask this question in a more Articulated way
 

Sky Blue Harry H

Well-Known Member
  • Mar 22, 2020
  • #2
wince said:
Surely its now time for CCFC and Wasps powers at be , To be talking about a return , it makes no sense from a moral point of view , ( denying people access to a pass time they love, as life as we knew is going to changed) , and going forward , it makes no sense as a business , to be Feeding Birmingham with revenue that they should be sharing, Work load has stalled, so get the video/conference calls started and both sides get a plan to start earning the local money you both came here for . Maybe SkybluePete and Marc could ask this question in a more Articulated way
Click to expand...
You talk a lorry lorry sense
 

eastwoodsdustman

Well-Known Member
  • Mar 22, 2020
  • #3
I’d say the opposite. Wasps are on their arse and it’s biting them hard. They could be finished soon.
 
Reactions: fatso, christonabike, Astute and 1 other person

chiefdave

Well-Known Member
  • Mar 22, 2020
  • #4
Reckon there’s zero chance at the moment. Wasps have just had to ask their players to take a 25% salary cut, the bond price is tanking and it looks like the economy will be in a terrible state when they have to refinance the bond.
 
Reactions: christonabike, Astute, Deleted member 5849 and 5 others
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wince

Well-Known Member
  • Mar 22, 2020
  • #5
chiefdave said:
Reckon there’s zero chance at the moment. Wasps have just had to ask their players to take a 25% salary cut, the bond price is tanking and it looks like the economy will be in a terrible state when they have to refinance the bond.
Click to expand...
Great point , great time to negotiate, but I take your point, back to 50/50 EU outcome could do a deal , with options though
 

ccfcway

Well-Known Member
  • Mar 22, 2020
  • #6
If wasps go under, what happens to lease, surely it goes back to ccc ?.
 
Reactions: ccfc1234

BackRoomRummermill

Well-Known Member
  • Mar 22, 2020
  • #7
The titanic known as WASPS
 

Flying Fokker

Well-Known Member
  • Mar 22, 2020
  • #8
i wondered when this was going to Bob up again?

some good points so far. FWIW I think SISU should hit them with a 50/50 split with a new company formed. Wasps carry their debt separately. They’ll bothe be up to their eyeballs in debt so will need to make a success of the Ricoh. Ok perhaps not.


It’s good to hear that the bond is in free fall. The fans may be back at the Ricoh soon.
 

win9nut

Well-Known Member
  • Mar 22, 2020
  • #9
WASPS 22 retail bond price (WAS1) - London Stock Exchange
Down to 40...
Is that junk category?
 
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wingy

Well-Known Member
  • Mar 22, 2020
  • #10
Not far enough yet.
Still £14M to pick them up .
 

Sick Boy

Super Moderator
  • Mar 22, 2020
  • #11
We shouldn’t do any sort of deal with them whatsoever, it’s only a matter of time until they go under.
Then they can return to their true fans in their true home, they’re the ones to remember in all this.
 
Reactions: Skyblueweeman, eastwoodsdustman and Astute
M

Magwitch

Well-Known Member
  • Mar 22, 2020
  • #12
Sick Boy said:
We shouldn’t do any sort of deal with them whatsoever, it’s only a matter of time until they go under.
Then they can return to their true fans in their true home, they’re the ones to remember in all this.
Click to expand...
They won’t go under.
 
Reactions: Sky Blue Pete

pastythegreat

Well-Known Member
  • Mar 23, 2020
  • #13
eastwoodsdustman said:
I’d say the opposite. Wasps are on their arse and it’s biting them hard. They could be finished soon.
Click to expand...
Exactly this. They're too stubborn to admit they were wrong and are skint and need us. They'll either go pop soon, or be so desperate for us to come back agree to any terms we like. No need at all for Boddy to push it right this moment. Let it run its course a little longer.

Sent from my SM-N960F using Tapatalk
 
Reactions: Astute

Astute

Well-Known Member
  • Mar 23, 2020
  • #14
Thursday price was 24 on the graph......

Maybe they will buy their own bonds back.
 

fatso

Well-Known Member
  • Mar 23, 2020
  • #15
It dosnt matter who talks to who, there ain’t to sport happening, period.
Arguing over where you don’t play is a weird concept!
 
Reactions: Astute
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wingy

Well-Known Member
  • Mar 23, 2020
  • #16
Astute said:
Thursday price was 24 on the graph......

Maybe they will buy their own bonds back.
Click to expand...
How many more instalments are they due to pay out ?
£8.4M to buy at that price .
Minus 2-3×£2M dividend.
 

bawtryneal

Well-Known Member
  • Mar 23, 2020
  • #17
SISU are playing the long game
Patience is a virtue with these things.

Every dog has its day and it will be our turn soon................. wait and see !!
 
Reactions: shepardo01 and eastwoodsdustman
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