fernandopartridge
Well-Known Member
I'm quite surprised that the administrators are not a bit more dispassionate
They owe CCC £250,000+
250k to elite sport group
How the hell can you owe 10k to amazon !
Ah no, it was 2,800.
240k to Erikson.
Wasps kitman probably has a shed full of new power tools he can do you a deal on.I know, same with places like Screwfix.
It's like somebody was just shopping on the never never.
I did think the sign company had reclaimed the Stadium signs for non payment and our hopes that the Wasps were gone for good were a bit premature.The thing is, they owe multiple companies that do the same thing. There's a few different sign companies for example.
Must have been told no more work and then gone onto another.
I’ll ask the wifeHow the hell can you owe 10k to amazon !
At what point is it illegal when you are getting stuff on credit knowing full well the company is fucked and going to go under?
Maybe Wasps had a good credit score. Some SME’s might have had credit lines in place for them (Ie could get invoice finance and credit insurance against them). HSBC seemed to be courting along up until mid summer - Wasps would have been glossing their figures - giving HSBC sexed up MI reports which then feed into the credit system, or paying certain creditors on time to keep their rating up.Completely dishonourable and disgusting from wasps, however, some of these companies need a bit more due diligence in offering their customers credit facility!
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Maybe Wasps had a good credit score. Some SME’s might have had credit lines in place for them (Ie could get invoice finance and credit insurance against them). HSBC seemed to be courting along up until mid summer - Wasps would have been glossing their figures - giving HSBC sexed up MI reports which then feed into the credit system, or paying certain creditors on time to keep their rating up.
The fact they wouldn’t give attendance figures towards the end suggests Wasps were desperately trying to paint a picture.
It’s hard to go after directors. They only have to prove that they had reason to believe that there was a good chance of turning thinks around. I think the term is “blue sky” thinking. IronicallyCovid effected income from CCFC games? WE WERE IN BIRMINGHAM! And we were there by Wasps choice, not covid. That report is BS, like everything else connected to the saga known as Wasps. Good riddance. Just feel for all the small businesses they robbed. If they were getting them to do work knowing they would never get paid except in some fantasy that people were queuing up to lend them money or invest that’s beyond out of order. Any chance of them pooling resources and going after directors personally? Is there even a mechanism to do that in scenarios like this?
I know what you are saying and you are right.You don’t just look at a credit score when judging what to offer customers, or you shouldn’t anyway. A proper look at their finances would have showed this was a possibility a long way off
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Missed that. Are they on the list?
Missed that. Are they on the list?
Yep just checked. On the list for £92k.
Yes you are right it was a good point (hence like)View attachment 27560
You'd already liked it.
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