clint van damme
Well-Known Member
Can anyone think of another 'journalist' who has restrictions on who can reply to their tweets?
Can anyone think of another 'journalist' who has restrictions on who can reply to their tweets?
Over thinking there. It benefits London Wasps , what more could the Council want ?fuck all. As far as I can make out the only venues that have had money are the CBS, the athletics stadium which has essentially been rebuilt, and a new aquatics centre. There's a clear legacy with the last two, not sure how putting a new front on the CBS will benefit taxpayers.
Not on this one though, so you know what to do...Can anyone think of another 'journalist' who has restrictions on who can reply to their tweets?
Not on this one though, so you know what to do...
Anybody with enough followers can apply.How is he ‘famous’ enough to get a tick on his profile?
Sounds like buying time whilst the grant application is considered by WMCA.On ADVFN
Bond repayment extended to end of August with an update on July 31st!!
So kicking can down road
So are wasps attempting to delay payment essentially indefinitely until unknown funding is secured while the bond holders are unable to call in their debt.
Seems dodgy as fuck.
I'd assume that, as long as you're getting your interest payments added on, the lesser of the evils is to hold tight and hope it works itself out, anyway?Bond Holders can call a Receiver today but need a vote to do so
The interest was 6.5% per year paid in two instalment, not 6% every 6 months. So the £2k investor will have received £910 so far.
No sympathy for the bond holders greedy bastards hopefully they have another shitty month wondering when and if they will get anything back.
Couldnt some be in pension funds?
No sympathy for the bond holders greedy bastards hopefully they have another shitty month wondering when and if they will get anything back.
The waste of space blocked me on Twitter as I had the cheek to ask him about wasps finances. What’s that say about him?Almost like he knows people will ask him about the Wasps stuff.
Out of the initial 35m investment wasn't this used to pay the interest payments and pay back Richardsons loan, the Wasp company is insolvent, do not know why HSBC would be willing to loan money whether Wasp get the grant or not.Couldnt some be in pension funds?
Probably just waiting for the bailout to be signed off.
Something has probably come up in the due diligence carried out so far - like the need for repairs to the principal asset.They've said they now expect the Bonds to be paid on or before 12th August while due diligence takes place from HSBC, that's the statement they said in May about being paid on or before 30th June. This could just go on and on.
Something has probably come up in the due diligence carried out so far - like the need for repairs to the principal asset.
Hopefully it won't, how can a franchise rugby club that nobody in the area wants be gifted local tax payers money is beyond meThat should not be funded by taxpayer!
It says further update but they're not really provided much of an update past we don't have the money come back later have they?Repayment deferred to end of August.
Further update 29 July
On that bond holders board nobody can get hold of anyone to enquire about doing anythingBond Holders can call a Receiver today but need a vote to do so
That’s the theory but would HSBC be satisfied with them being propped up by a council grant? What would that say about the viability of wasps/the stadium business over the length of the financing scheme?Late to the party, but if I've understood it right, HSBC will probably give Wasps a loan, if they get a W Mids grant to repair 'their' stadium. I assume interest repayments on any loan will be increasing month on month at the moment (inflation increasing all the time). Even if they get the loan, surely they are going to be getting squeezed further regarding income/expenditure. Can't see why anybody would be happy giving them a loan based on their current trajectory. Presumably they can't use the stadium as a guarantee, as I thought the Council ought to have a view/stake in that?
That’s the theory but would HSBC be satisfied with them being propped up by a council grant? What would that say about the viability of wasps/the stadium business over the length of the financing scheme?
another court case from Sisu ?Wonder why it should be a grant? Straight gift to go with the other "gifts" to improve the stadium. At this rate they will be given more than they paid for i!
and a refinance in 2 months time will be more expensive than a refinance 2 months ago
another court case from Sisu ?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?