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Wasps downward spiral... (7 Viewers)

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

Administrator
  • Sep 12, 2022
  • #6,686
Sky Blue Pete said:
Is it a bond holder
Click to expand...
Why would they want to stop protests?
 

Liquid Gold

Well-Known Member
  • Sep 12, 2022
  • #6,687
Sky Blue Pete said:
Is it a bond holder
Click to expand...
You are overly naïve at times
 

Grendel

Well-Known Member
  • Sep 12, 2022
  • #6,688
Sky Blue Pete said:
Is it a bond holder
Click to expand...

Baffled by this unless it’s a joke
 

AOM

Well-Known Member
  • Sep 12, 2022
  • #6,689
Gynnsthetonic said:
I'd be seriously worried if I woke up and there were balloons tied to my car
Click to expand...

The line is drawn when people wake up next to free flags on their pillows
 

Grendel

Well-Known Member
  • Sep 12, 2022
  • #6,690
Liquid Gold said:
You are overly naïve at times
Click to expand...

I do wonder if our old friend TK is someone called Covkid53 on the rugby forums
 

Grendel

Well-Known Member
  • Sep 12, 2022
  • #6,691
Can you use the search facility when not logged in - I can' seem to
 

SBAndy

Well-Known Member
  • Sep 12, 2022
  • #6,692
Grendel said:
I do wonder if our old friend TK is someone called Covkid53 on the rugby forums
Click to expand...

Todd Kane?
 
Reactions: Gynnsthetonic

Philosoraptor

Well-Known Member
  • Sep 12, 2022
  • #6,693
Could it be someone is reading MMM's guide, from public relations to disaster management?

One review of the guide said, to say it was shit would be doing a disservice to the proud history of faecal matter.
 
Last edited: Sep 12, 2022

Sky Blue Pete

Well-Known Member
  • Sep 12, 2022
  • #6,694
Nick said:
Why would they want to stop protests?
Click to expand...
That received the threat I mean? Sorry if I’ve misunderstood
 

Sky Blue Pete

Well-Known Member
  • Sep 12, 2022
  • #6,695
Grendel said:
Baffled by this unless it’s a joke
Click to expand...
I may have misunderstood. Who Received the mesaage?
 

Sky Blue Pete

Well-Known Member
  • Sep 12, 2022
  • #6,696
Liquid Gold said:
You are overly naïve at times
Click to expand...
Huh
 

shepardo01

Well-Known Member
  • Sep 12, 2022
  • #6,697
The threat seems to have done the trick....
Accout deactivated with a header saying protest cancelled....
 
W

wingy

Well-Known Member
  • Sep 12, 2022
  • #6,698
Ah you can't beat a bit of private enterprise intimidation.
 

fernandopartridge

Well-Known Member
  • Sep 12, 2022
  • #6,699
Threatening to grass people up to their employer is a proper lowlife trick, genuine top tier scab behaviour
 
Reactions: torchomatic, Moff, duffer and 11 others
W

wingy

Well-Known Member
  • Sep 12, 2022
  • #6,700
Shouldn't someone who isn't compromised carry the baton
 

Liquid Gold

Well-Known Member
  • Sep 12, 2022
  • #6,701
If the local journalist gave a shit they'd be all over this type of personal intimidation.
 
Reactions: torchomatic, MalcSB, clint van damme and 6 others

shepardo01

Well-Known Member
  • Sep 12, 2022
  • #6,702
Wonder if any of the bondholders that are looking to proceed with their action are getting messages to suggest that they shouldn't??
 

Grendel

Well-Known Member
  • Sep 12, 2022
  • #6,703
shepardo01 said:
Wonder if any of the bondholders that are looking to proceed with their action are getting messages to suggest that they shouldn't??
Click to expand...

No chance of that really
 

shepardo01

Well-Known Member
  • Sep 12, 2022
  • #6,704
Grendel said:
No chance of that really
Click to expand...
No...I know... just a throwaway comment..
They are getting the "refinancing is happening" and Dallaglio statements!!
 

Gynnsthetonic

Well-Known Member
  • Sep 12, 2022
  • #6,705
shepardo01 said:
No...I know... just a throwaway comment..
They are getting the "refinancing is happening" and Dallaglio statements!!
Click to expand...
Anyday now supposedly.
 
Last edited: Sep 12, 2022

Grendel

Well-Known Member
  • Sep 13, 2022
  • #6,706
shepardo01 said:
No...I know... just a throwaway comment..
They are getting the "refinancing is happening" and Dallaglio statements!!
Click to expand...

Someone is saying the delay can only be down to respecting the queen so the announcement is put back to next week
 
Reactions: Moff, Sick Boy, shepardo01 and 1 other person

chiefdave

Well-Known Member
  • Sep 13, 2022
  • #6,707
Grendel said:
Someone is saying the delay can only be down to respecting the queen so the announcement is put back to next week
Click to expand...
Wasn't it said to be a few days last Wednesday. Personally I'd class a few days as less than a week so must be good news coming today. Won't hold my breath.
 

duffer

Well-Known Member
  • Sep 13, 2022
  • #6,708
chiefdave said:
Wasn't it said to be a few days last Wednesday. Personally I'd class a few days as less than a week so must be good news coming today. Won't hold my breath.
Click to expand...

Ah, it's probably been delayed out of respect for the Queen's passing.

After all it wouldn't be like Wasps to mess the bondholders about, would it...
 

Gynnsthetonic

Well-Known Member
  • Sep 13, 2022
  • #6,709
Bobby Bridge
"Dead Queen delays the refinancing of the bond"
Wasp to wait until after the Kings Coronation as a mark of respect.
 
Reactions: Moff, Sky Blue Pete and duffer
D

djbooth

Well-Known Member
  • Sep 13, 2022
  • #6,710
Gynnsthetonic said:
Bobby Bridge
"Dead Queen delays the refinancing of the bond"
Wasp to wait until after the Kings Coronation as a mark of respect.
Click to expand...
Is that King George????
 
Reactions: Moff, RegTheDonk, Colin Steins Smile and 3 others

MalcSB

Well-Known Member
  • Sep 13, 2022
  • #6,711
Gynnsthetonic said:
Bobby Bridge
"Dead Queen delays the refinancing of the bond"
Wasp to wait until after the Kings Coronation as a mark of respect.
Click to expand...
The coronation could be next year, so that would fit.
 
Reactions: Gynnsthetonic

MalcSB

Well-Known Member
  • Sep 13, 2022
  • #6,712
chiefdave said:
Wasn't it said to be a few days last Wednesday. Personally I'd class a few days as less than a week so must be good news coming today. Won't hold my breath.
Click to expand...
Shugs never did say what constituted a few weeks, let alone a few days. It’s been 18 weeks.
 
Reactions: torchomatic and duffer

Irish Sky Blue

Well-Known Member
  • Sep 15, 2022
  • #6,713
Wasps new shop at the CBS is very close to being able to open. Bigger area then the space they gave us. The manager of our shop will also manage their shop at the same time so it does seem there are links between the two clubs. Hopefully the kit that is appearing on the shelves in there stays where it is.
I wonder if the CG grant paid for the fitting out of the shop?
 
D

djbooth

Well-Known Member
  • Sep 15, 2022
  • #6,714
Irish Sky Blue said:
Wasps new shop at the CBS is very close to being able to open. Bigger area then the space they gave us. The manager of our shop will also manage their shop at the same time so it does seem there are links between the two clubs. Hopefully the kit that is appearing on the shelves in there stays where it is.
I wonder if the CG grant paid for the fitting out of the shop?
Click to expand...
The big Space will fit their entire fan base
 
Reactions: vow

chiefdave

Well-Known Member
  • Sep 15, 2022
  • #6,715
Irish Sky Blue said:
The manager of our shop will also manage their shop at the same time so it does seem there are links between the two clubs.
Click to expand...
Is that someone employed by Hummel or do we actually run the shop ourselves now?
Irish Sky Blue said:
I wonder if the CG grant paid for the fitting out of the shop?
Click to expand...
Its in the part of the stadium that the grant was for isn't it so wouldn't be a surprise if its been funded by the grant.
 

Razzle Dazzle Dean Gordon

Well-Known Member
  • Sep 15, 2022
  • #6,716
Irish Sky Blue said:
Wasps new shop at the CBS is very close to being able to open. Bigger area then the space they gave us. The manager of our shop will also manage their shop at the same time so it does seem there are links between the two clubs. Hopefully the kit that is appearing on the shelves in there stays where it is.
I wonder if the CG grant paid for the fitting out of the shop?
Click to expand...

I doubt that will ever be known but i'd have thought the grant would have covered improvements directly linked to hosting the CG (so shouldnt have gone on the shop). I dont know how stringent management/monitoring of the grant funds will have been, it can really vary within a department let alone across them. In theory though they should have been made to report on usage and get that signed off by an auditor.
 

MalcSB

Well-Known Member
  • Sep 15, 2022
  • #6,717
I’ve read somewhere that the shop wasn’t paid for by the grant.
 

Irish Sky Blue

Well-Known Member
  • Sep 15, 2022
  • #6,718
chiefdave said:
Is that someone employed by Hummel or do we actually run the shop ourselves now?

Its in the part of the stadium that the grant was for isn't it so wouldn't be a surprise if its been funded by the grant.
Click to expand...
I assume he is a CCFC employee but don’t know for sure.
Their shop is very close to the new entrance.
 
C

CrawleySkyBlue

Well-Known Member
  • Sep 16, 2022
  • #6,719
Taken from Facebook bondholder group. FYI I’m not a bond holder, merely an interested party.

“Received this email this morning from Redmayne Bentley, who are my brokers in this matter.

Dear Mr XXX

Re: Wasps Finance Plc – Final Redemption (Update)

Further to our previous letter dated 5th July 2022 with regard to your holding of 6.5% bonds due 13th May 2022 (bonds) in Wasps Finance Plc (Wasps), we are writing to inform you of a further update to the refinancing and redemption of the bonds.

Wasps made an announcement on 2nd September 2022 confirming that it has received an offer which would see the bonds fully redeemed on completion of this refinancing. Discussions with this lender are at an advanced stage.

Wasps remains in discussions with the UK Listing Authority in relation to the re-listing and subsequent re-admission of the bonds to the London Stock Exchange however there is no guarantee that this process will be concluded before the completion of this proposed refinancing.

As you hold £***** nominal of bonds, we can confirm that you are due to receive £*****. The cash proceeds will be allocated to your account upon receipt. We will send a confirmation letter in due course once the cash proceeds have been credited to your account. If the redemption of the bonds is further delayed or any new information becomes available, then we will write to you to advise.

In parallel with these discussions, Wasps is proceeding with developing the proposed bond terms to be amended as part of any consent solicitation memorandum, should these refinancing discussions not complete.

If you require any further information, please contact the Dealing Room on ***********.

Yours sincerely,

Debbie Rimmer

Head of Asset Services & Settlements”
 
C

CrawleySkyBlue

Well-Known Member
  • Sep 16, 2022
  • #6,720
Basically saying that refinancing discussions continue. Hardly an update
 
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