Broken Hearted Sky Blue
Well-Known Member
Twickenham I'll think you'll find.
Average HOME attendance here for 13/14
I'm still struggling to see how you fitted 62k into Adams Park :thinking about:
Twickenham I'll think you'll find.
I know its twickenham, the guy early was arguing the matches at twickenham don't count as a home match because it wasn't played at there regular home ground. Technically it was a home fixture for Wasps and thus included in the home attendance count as evidenced by the picture.
My reply was tongue in cheek to the fella claiming they don't count.
Was there anything stopping CCFC/SISU putting money upfront for the Ricoh build and being a shareholder from Day 1
So you don't think success will draw in and maintain attendances?
I suppose you are the sort that would go and boast to other fans about how many pies you sold on matchdays, and crow about corporate hospitaity receipts, likeother fans give much of a damn. I bet Tigers and Saints fans are so jealous when they look at the silverware they have won over the past few years and wish the could swop it for selling a few pies
... and my nomination for this seasons most boring, tedious, repetitive poster goes to .......
Was it you when you were giving up every day?... and my nomination for this seasons most boring, tedious, repetitive poster goes to .......
What success? Wasps have won nothing and will win nothing this season...unlike their already established neighbours.
I suppose you are the sort that would go and boast to other fans about how many pies you sold on matchdays, and crow about corporate hospitaity receipts, likeother fans give much of a damn. I bet Tigers and Saints fans are so jealous when they look at the silverware they have won over the past few years and wish the could swop it for selling a few pies...Go Wasps
Don't you just wish that our owners had a PR department to match?
Was it you when you were giving up every day?
I was nominated last season for that reason.
Pushed out of first place by the Sixfield vote as they fought to stay there due to the incomes not possible at the Ricoh.
Very few votes this year due to my intelligent, constructive and positive posts.
Will you be putting in a late challenge on chiefdave ?
Very few votes this year due to my intelligent, constructive and positive posts.
isn't this what Fisher is on about you know selling a few pies?
Just to go off on a slight tangent here, but do we think for a second that had Sisu got their hands on the stadium they would have planned extra restaurants and bars and food outlets?
Wasps RFC will aim to pay off the remaining balance of the £14.4million taxpayer-funded Ricoh Arena loan within the next few months, the Telegraph can reveal.
A secret meeting with Coventry City Council’s ACL Panel was recently called with just 24 hours notice and on the agenda, seen by the Telegraph, was the issue of “ACL refinancing”.
The meeting, held on March 31, covered the rugby club’s desire to pay off the full amount of the outstanding loan from the council made to Ricoh Arena operators ACL in January 2013. The terms of the loan were subsequently amended when Wasps completed the purchase of ACL in November for £5.54m – reducing the time-frame for repayment of the loan from 40 to 20 years.
It is understood Wasps have a clause which allows them to repay the loan in full at any time and sources at the club have confirmed they are interested in pursuing that option within the next few months.
The move would eliminate any perceived risk to the taxpayer as the loan would have been repaid in full.
But it would also mean a significant reduction in the return the council can expect with no interest to be paid over the next 20 years as expected.
However, the council has already received around two years of interest at the initial interest rate of five per cent – which will have provided an estimated return of around £1.5m.
It is understood the council will not grant Wasps any discount on the loan amount as a result of early repayment.
The early repayment of the loan will hit council cash flow in the long term, but it also frees up millions of pounds in the short term which could be reinvested in other areas such as retaining services or supporting other businesses looking to invest in the area.
The details behind how Wasps will raise the funds to pay off the loan are not yet clear, but it is understood the Premiership rugby club has already started to progress its plans.
The original ACL loan, made in January 2013, was the subject of a judicial review brought by Coventry City Football Club owners Sisu last summer. Sisu’s lawyers claimed the loan was unlawful state aid and not made on commercially viable terms.
But a High Court judge comprehensively dismissed that accusation and criticised Sisu in delivering the judgment.
Sisu will appeal that decision for the third time on July 7 and have subsequently launched another judicial review application into the new loan terms agreed between Wasps and the council following the rugby club’s takeover of ACL in November. That application has been put on hold pending the outcome of the July 7 appeal.
Loan now being repaid early. How and why?
http://www.coventrytelegraph.net/news/coventry-news/wasps-rfc-hope-pay-144m-9034140
Sounds like they are spending the new BT tv money in advance as its 3.5m extra per year for the next 4 years =14mI can only assume that they can borrow the money cheaper with smaller repayments, and that the current level of repayments are making it hard to make a profit despite increased revenues.
Sent from my iPhone using Tapatalk - so please excuse any spelling or grammar errors
I can only assume that they can borrow the money cheaper with smaller repayments, and that the current level of repayments are making it hard to make a profit despite increased revenues.
Sent from my iPhone using Tapatalk - so please excuse any spelling or grammar errors
I have an option on my mortgage and I'm thinking of paying it off early.
Sounds like they are spending the new BT tv money in advance as its 3.5m extra per year for the next 4 years =14m
I'm just re.mortgagingI'm thinking of paying your mortgage off early too. Only thinking mind.
Must be a slow news day if Simon is covering remortgages.
Any other buisnesses in the city paying off loans early? If so contact the Telegraph as it will be front page news.
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