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Wasps downward spiral... (2 Viewers)

  • Thread starter CCFC54321
  • Start date Oct 20, 2018
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shepardo01

Well-Known Member
  • Jun 30, 2022
  • #5,251
 
S

Seamus1

Well-Known Member
  • Jun 30, 2022
  • #5,252
If this were SISU and CCFC, this would be at the top of the Telegraph website. But instead it’s been tucked away, half way down the page after an article about killing flies with a 55p ‘hack’!
 
Reactions: vow, duffer, no_loyalty and 7 others

clint van damme

Well-Known Member
  • Jun 30, 2022
  • #5,253
Seamus1 said:
If this were SISU and CCFC, this would be at the top of the Telegraph website. But instead it’s been tucked away, half way down the page after an article about killing flies with a 55p ‘hack’!
Click to expand...

To be fair, that fly hack sounds decent!
 
Reactions: vow, Hiraeth and AOM

jordan210

Well-Known Member
  • Jun 30, 2022
  • #5,254
The wording picked up by Gilbert is quite insightful.

 

chiefdave

Well-Known Member
  • Jun 30, 2022
  • #5,255
When Simon could could that include the WMCA why does it make me think that he has some information that it does
 
Reactions: Sky Blue Pete

Nick

Administrator
  • Jun 30, 2022
  • #5,256
Bridge copies and pastes their statement into an article.
 

chiefdave

Well-Known Member
  • Jun 30, 2022
  • #5,257
Nick said:
Bridge copies and pastes their statement into an article.
Click to expand...
Don't even have to make it all the way through the first paragraph before its spin. When he talks about what the bonds were for no mention of paying millions back to Richardson
 
Reactions: no_loyalty, mr_monkey and Gynnsthetonic

ccfcchris

Well-Known Member
  • Jun 30, 2022
  • #5,258
The noose is still tightening but the end game is still some distance away I feel. HSBC is still prepared to loan them money if the repairs to the stadium get sorted assuming that is the hold-up.

We must assume they feel they're a viable proposition if the above is sorted.

It's still only a matter of time unless they come up with fantastic business plans for the CBS Arena to subsidise the Rugby side.
 
O

oldfiver

Well-Known Member
  • Jun 30, 2022
  • #5,259
ccfcchris said:
The noose is still tightening but the end game is still some distance away I feel. HSBC is still prepared to loan them money if the repairs to the stadium get sorted assuming that is the hold-up.

We must assume they feel they're a viable proposition if the above is sorted.

It's still only a matter of time unless they come up with fantastic business plans for the CBS Arena to subsidise the Rugby side.
Click to expand...

If they can clear nearly £14m of a £35m loan - they don't need a fantastic business plan!
 

Sky Blue Pete

Well-Known Member
  • Jun 30, 2022
  • #5,260
It seems pretty clear the refinancing is dependent on the public money. Why won’t anyone confirm it?
 
Reactions: Gynnsthetonic

Sky Blue Pete

Well-Known Member
  • Jun 30, 2022
  • #5,261
oldfiver said:
If they can clear nearly £14m of a £35m loan - they don't need a fantastic business plan!
Click to expand...
Sisu should seek a meeting with Martin to say they are happy to take on the stadium so he doesn’t need to be overly worried
 
Reactions: vow, RegTheDonk and duffer
D

Dubai-Dodger

Member
  • Jun 30, 2022
  • #5,262
Sky Blue Pete said:
It seems pretty clear the refinancing is dependent on the public money. Why won’t anyone confirm it?
Click to expand...

Is it clear ? What makes you say that ? ….. perhaps nobody will confirm it because it’s not correct. Although im sure everyone will say im wrong
 

Nick

Administrator
  • Jun 30, 2022
  • #5,263
Dubai-Dodger said:
Is it clear ? What makes you say that ? ….. perhaps nobody will confirm it because it’s not correct. Although im sure everyone will say im wrong
Click to expand...

The fact they are delaying again and again and are still waiting on the decision about the bailout.

Pretty obvious really.
 
Reactions: vow and Paul Anthony

mr_monkey

Well-Known Member
  • Jun 30, 2022
  • #5,264
Dubai-Dodger said:
Is it clear ? What makes you say that ? ….. perhaps nobody will confirm it because it’s not correct. Although im sure everyone will say im wrong
Click to expand...


 
Reactions: vow

ccfcchris

Well-Known Member
  • Jun 30, 2022
  • #5,265
oldfiver said:
If they can clear nearly £14m of a £35m loan - they don't need a fantastic business plan!
Click to expand...
But they do over time surely as the Rugby side will never make money at CBS.
 
D

Dubai-Dodger

Member
  • Jun 30, 2022
  • #5,266
Nick said:
The fact they are delaying again and again and are still waiting on the decision about the bailout.

Pretty obvious really.
Click to expand...

About as obvious as 2+2=5 but of course it suits your narrative to join the dots.

of course you could be right but the truth is you don’t know any more than I do.
 
D

Dubai-Dodger

Member
  • Jun 30, 2022
  • #5,267
mr_monkey said:
Click to expand...

The old ones are the best …..
 

mr_monkey

Well-Known Member
  • Jun 30, 2022
  • #5,268
Dubai-Dodger said:
The old ones are the best …..
Click to expand...

Yep like burying heads in sand

If the stuff Gilbert wrote wasn't true, wasps would have put a statement out denying it, they haven't so I think it's safe to say that it's all true and it doesnt take a genius to workout what is going on shuggs
 
Reactions: vow, CCFC54321, TomRad85 and 4 others

Nick

Administrator
  • Jun 30, 2022
  • #5,269
Dubai-Dodger said:
About as obvious as 2+2=5 but of course it suits your narrative to join the dots.

of course you could be right but the truth is you don’t know any more than I do.
Click to expand...

OK and when the info does come out and is presented to you, you will just move the goalposts to try and deny it again.

So what's the actual point?
 
Reactions: torchomatic, Paul Anthony and clint van damme

Liquid Gold

Well-Known Member
  • Jun 30, 2022
  • #5,270
Dubai-Dodger said:
About as obvious as 2+2=5 but of course it suits your narrative to join the dots.

of course you could be right but the truth is you don’t know any more than I do.
Click to expand...
What is obvious is you’re too skint to pay your debts you fucking tramps.
 
Reactions: torchomatic, RegTheDonk, MAFF and 10 others

Sky Blue Pete

Well-Known Member
  • Jun 30, 2022
  • #5,271
Dubai-Dodger said:
Is it clear ? What makes you say that ? ….. perhaps nobody will confirm it because it’s not correct. Although im sure everyone will say im wrong
Click to expand...
Ok what do you think the delay to the refinancing relates to?????
 
D

Dubai-Dodger

Member
  • Jun 30, 2022
  • #5,272
Nick said:
OK and when the info does come out and is presented to you, you will just move the goalposts to try and deny it again.

So what's the actual point?
Click to expand...

when the info comes out of course I would accept it, the same way I accept anything factual but what I don’t accept is the 101 versions of the situation as written on SBT with one or two exceptions.
 

Grendel

Well-Known Member
  • Jun 30, 2022
  • #5,273
Dubai-Dodger said:
About as obvious as 2+2=5 but of course it suits your narrative to join the dots.

of course you could be right but the truth is you don’t know any more than I do.
Click to expand...

Well they’ve admitted that HSBC are only one funding source
 

clint van damme

Well-Known Member
  • Jun 30, 2022
  • #5,274
Sky Blue Pete said:
Ok what do you think the delay to the refinancing relates to?????
Click to expand...

Let me answer for you, I don't know, but neither do you, you might be right, you might not, no one knows - the clown.
 

Sky Blue Pete

Well-Known Member
  • Jun 30, 2022
  • #5,275
clint van damme said:
Let me answer for you, I don't know, but neither do you, you might be right, you might not, no one knows - the clown.
Click to expand...
Are there not only a couple of options though? Some less plausible than others

Facts
Bond delayed may
Bond delayed june
No actual date when bond will be refinanced

Very likely

Reeves has suggested behind the back of the council that wmca should loan or grant wasps £13m or they will go bust

Duggins has said no request has been made yet to the ccc

Most likely

Refinance dependent on something outside of wasps control

If its anything it’s 2+2 making 4 and a bit to put that together and say the refinance is dependent on the money from wmca. Or am I being thick
 
Reactions: CCFC54321 and Gynnsthetonic
D

Dubai-Dodger

Member
  • Jun 30, 2022
  • #5,276
Sky Blue Pete said:
Ok what do you think the delay to the refinancing relates to?????
Click to expand...

that’s the key word ‘think’ in other words speculate and thats all you are doing is speculating, which is fine but then many take it as fact which it’s not.

As for the cause of the delay, I don’t know it could be many reasons any of which would be speculation much the same as you are doing.

what I have agreed all along is the situation is concerning, clearly there are difficulties in refinancing but I don’t know any more than you do what this difficulties are.

I’m not burying my head in the sand just waiting for the true picture to emerge. Nothing wrong with that.
 

Grendel

Well-Known Member
  • Jun 30, 2022
  • #5,277
Sky Blue Pete said:
Are there not only a couple of options though? Some less plausible than others

Facts
Bond delayed may
Bond delayed june
No actual date when bond will be refinanced

Very likely

Reeves has suggested behind the back of the council that wmca should loan or grant wasps £13m or they will go bust

Duggins has said no request has been made yet to the ccc

Most likely

Refinance dependent on something outside of wasps control

If its anything it’s 2+2 making 4 and a bit to put that together and say the refinance is dependent on the money from wmca. Or am I being thick
Click to expand...

The other fact is the accounts are still not signed off
 
Reactions: Sky Blue Pete

Grendel

Well-Known Member
  • Jun 30, 2022
  • #5,278
Dubai-Dodger said:
that’s the key word ‘think’ in other words speculate and thats all you are doing is speculating, which is fine but then many take it as fact which it’s not.

As for the cause of the delay, I don’t know it could be many reasons any of which would be speculation much the same as you are doing.

what I have agreed all along is the situation is concerning, clearly there are difficulties in refinancing but I don’t know any more than you do what this difficulties are.

I’m not burying my head in the sand just waiting for the true picture to emerge. Nothing wrong with that.
Click to expand...

Given that Vaughan has a difficulty with the truth it’s safe to say you won’t find out then will you
 

clint van damme

Well-Known Member
  • Jun 30, 2022
  • #5,279
Sky Blue Pete said:
Are there not only a couple of options though? Some less plausible than others

Facts
Bond delayed may
Bond delayed june
No actual date when bond will be refinanced

Very likely

Reeves has suggested behind the back of the council that wmca should loan or grant wasps £13m or they will go bust

Duggins has said no request has been made yet to the ccc

Most likely

Refinance dependent on something outside of wasps control

If its anything it’s 2+2 making 4 and a bit to put that together and say the refinance is dependent on the money from wmca. Or am I being thick
Click to expand...


it's clearly not good news, ands as much as he can bang on about things been spouted on SBT this portal has been more accurate than most in calling what's been going on in this saga correctly.
And the appearance of a wasps account is always a precursor to some fairly substantial event.
 
Reactions: torchomatic, vow, AOM and 3 others
D

Dubai-Dodger

Member
  • Jun 30, 2022
  • #5,280
Sky Blue Pete said:
Are there not only a couple of options though? Some less plausible than others

Facts
Bond delayed may
Bond delayed june
No actual date when bond will be refinanced

Very likely

Reeves has suggested behind the back of the council that wmca should loan or grant wasps £13m or they will go bust

Duggins has said no request has been made yet to the ccc

Most likely

Refinance dependent on something outside of wasps control

If its anything it’s 2+2 making 4 and a bit to put that together and say the refinance is dependent on the money from wmca. Or am I being thick
Click to expand...

No you’re not being thick…… the part I disagree with (which doesn’t come from you) is that the inference is being made that IF any money comes from WMCA that it would be used as a ‘bailout’ for the bond repayment, I just can’t see that happening and that would be plain wrong.
 
Reactions: mr_monkey

Sky Blue Pete

Well-Known Member
  • Jun 30, 2022
  • #5,281
Dubai-Dodger said:
that’s the key word ‘think’ in other words speculate and thats all you are doing is speculating, which is fine but then many take it as fact which it’s not.

As for the cause of the delay, I don’t know it could be many reasons any of which would be speculation much the same as you are doing.

what I have agreed all along is the situation is concerning, clearly there are difficulties in refinancing but I don’t know any more than you do what this difficulties are.

I’m not burying my head in the sand just waiting for the true picture to emerge. Nothing wrong with that.
Click to expand...
Speculate for me. There aren’t that many things it could be if you think about it
 

Sky Blue Pete

Well-Known Member
  • Jun 30, 2022
  • #5,282
Dubai-Dodger said:
No you’re not being thick…… the part I disagree with (which doesn’t come from you) is that the inference is being made that IF any money comes from WMCA that it would be used as a ‘bailout’ for the bond repayment, I just can’t see that happening and that would be plain wrong.
Click to expand...
It wouldn’t directly of course that would be wrong! But if it made the refinancing possible it would amount to the same thing
 
Reactions: Gynnsthetonic and mr_monkey
D

Dubai-Dodger

Member
  • Jun 30, 2022
  • #5,283
clint van damme said:
it's clearly not good news, ands as much as he can bang on about things been spouted on SBT this portal has been more accurate than most in calling what's been going on in this saga correctly.
And the appearance of a wasps account is always a precursor to some fairly substantial event.
Click to expand...

The appearance of my account has nothing to do with any upcoming event …. Again you’ll believe what you want to believe. The account was registered by me more than 2 years ago.

I completely agree there have been some very accurate and rational posts on here, I would never deny that, but there is also a lot of tosh in between much the same as every forum.
 

clint van damme

Well-Known Member
  • Jun 30, 2022
  • #5,284
Dubai-Dodger said:
No you’re not being thick…… the part I disagree with (which doesn’t come from you) is that the inference is being made that IF any money comes from WMCA that it would be used as a ‘bailout’ for the bond repayment, I just can’t see that happening and that would be plain wrong.
Click to expand...

you really are a crackpot.
 

Grendel

Well-Known Member
  • Jun 30, 2022
  • #5,285
Dubai-Dodger said:
No you’re not being thick…… the part I disagree with (which doesn’t come from you) is that the inference is being made that IF any money comes from WMCA that it would be used as a ‘bailout’ for the bond repayment, I just can’t see that happening and that would be plain wrong.
Click to expand...

it won’t be but it’s not wild speculation that this has caused an issue and that without it they can’t actually re-fund

You and everyone on the wasps forum also do keep ignoring that no accounts have been signed off
 
Reactions: Gynnsthetonic, clint van damme and mr_monkey
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