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Wasps downward spiral... (7 Viewers)

  • Thread starter CCFC54321
  • Start date Oct 20, 2018
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Liquid Gold

Well-Known Member
  • Sep 21, 2019
  • #631
Maybe they should try St. Andrews.
 

clint van damme

Well-Known Member
  • Sep 21, 2019
  • #632
For those of us that dont follow rugby am i rigjt to say this wasnt a league game?
If it is the cup is it perhaps the equivalent of the Checkatrade?
 

CanadianCCFC

Well-Known Member
  • Sep 21, 2019
  • #633
clint van damme said:
For those of us that dont follow rugby am i rigjt to say this wasnt a league game?
If it is the cup is it perhaps the equivalent of the Checkatrade?
Click to expand...
Regardless, a wasps team that was apparently near full strength lost badly to a saracens reserve team.
 

clint van damme

Well-Known Member
  • Sep 21, 2019
  • #634
CanadianCCFC said:
Regardless, a wasps team that was apparently near full strength lost badly to a saracens reserve team.
Click to expand...

Was thinking more about the low crowd.
Could that be because it's not a very prestigious competition? Hopefully not and they are in full decline.
 

CanadianCCFC

Well-Known Member
  • Sep 21, 2019
  • #635
clint van damme said:
Was thinking more about the low crowd.
Could that be because it's not a very prestigious competition? Hopefully not and they are in full decline.
Click to expand...
Well it’s not as prestigious as the league, but they are in decline.
 
Reactions: clint van damme

CanadianCCFC

Well-Known Member
  • Sep 21, 2019
  • #636
 

fernandopartridge

Well-Known Member
  • Sep 21, 2019
  • #637
They're charging £6 a pint up there this season according to somebody on twitter
 
C

CCFC54321

Well-Known Member
  • Sep 21, 2019
  • #638
CanadianCCFC said:
View attachment 13059
Click to expand...
My brother in law told me the other day the 3 wasps season ticket holders in his place didn’t bother renewing as it was utter torture last season and this season I sent expected or get any better.

Possibly as relegation candidate?
 

chiefdave

Well-Known Member
  • Sep 21, 2019
  • #639
clint van damme said:
Was thinking more about the low crowd.
Could that be because it's not a very prestigious competition? Hopefully not and they are in full decline.
Click to expand...
I logged on to their ticketing site a couple of weeks back as somebody had claimed it was £60 a ticket. Bollocks of course, tickets were a tenner and as soon as I went on the site an offer popped up to get 4 for the price of 1!

Admittedly it is a cup game but this is their only domestic cup competition as far as I can tell so not quite in the realms of the checkatrade. Given it was a very nice day, no Cov Rugby game, we didn't have a game and a later than usual start to their season meaning people should be desperate to see a game it doesn't bode well.
 
Reactions: clint van damme
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bradwellskyblues

Well-Known Member
  • Sep 21, 2019
  • #640
The lowest crowd for this comp last season was 8600 so quite a drop I think alarm bells will be ringing
 

fernandopartridge

Well-Known Member
  • Sep 21, 2019
  • #641
Most of their enthusiastic fans on social media are women who don't really seem that bothered about the outcome of matches.
 

Johhny Blue

Well-Known Member
  • Sep 22, 2019
  • #642
 

Grendel

Well-Known Member
  • Sep 22, 2019
  • #643
This is an interesting article from last year when the price was 85 - it’s sub 80 now

Wasps’ 6.5% 2022 retail bond ‘….Should I stay or should I go now?’ - Retail Bond Expert
 
Reactions: ccfchoi87

Terry Gibson's perm

Well-Known Member
  • Sep 22, 2019
  • #644
Grendel said:
This is an interesting article from last year when the price was 85 - it’s sub 80 now

Wasps’ 6.5% 2022 retail bond ‘….Should I stay or should I go now?’ - Retail Bond Expert
Click to expand...

How do these things work when it comes to the final day do they only get the value on that day or is it the original value?
 

Grendel

Well-Known Member
  • Sep 22, 2019
  • #645
Terry Gibson's perm said:
How do these things work when it comes to the final day do they only get the value on that day or is it the original value?
Click to expand...

Well it depends if wasps will honour any shortfall which they have I think indicated that they would
 

jordan210

Well-Known Member
  • Sep 22, 2019
  • #646
All this cost cutting. How are people going to cope without their free plastic flag.

Some of the pics from yesterday. I would doubt there was even 6k
 
Reactions: Terry Gibson's perm and Sky Blue Pete

SBAndy

Well-Known Member
  • Sep 22, 2019
  • #647
Terry Gibson's perm said:
How do these things work when it comes to the final day do they only get the value on that day or is it the original value?
Click to expand...

Wasps would have to repay the full bond at £35m (probably through a refinance). The trading price gives an indicator of investors’ confidence in getting their money back as a general rule.

Say for example you’ve invested £100, at the end you would be eligible to receive the full £100 back plus you’re getting interest payments equating to £6.50 a year. However, there’s always the possibility of default which would mean you get nothing back. If you have that fear 4 years down the line and someone offers you £80 for your holdings, you may decide that you’ll cash in to avoid the risk of losing your initial investment.

Of course, there are other reasons that people would sell for below face value, but that scenario above is the general rule.
 

Grendel

Well-Known Member
  • Sep 22, 2019
  • #648
SBAndy said:
Wasps would have to repay the full bond at £35m (probably through a refinance). The trading price gives an indicator of investors’ confidence in getting their money back as a general rule.

Say for example you’ve invested £100, at the end you would be eligible to receive the full £100 back plus you’re getting interest payments equating to £6.50 a year. However, there’s always the possibility of default which would mean you get nothing back. If you have that fear 4 years down the line and someone offers you £80 for your holdings, you may decide that you’ll cash in to avoid the risk of losing your initial investment.

Of course, there are other reasons that people would sell for below face value, but that scenario above is the general rule.
Click to expand...

No one of course knows if moonstone have a sizeable investment or not which would act as a buffer if the did.

Part of the £35m was to pay them back but it seems further means have been made since
 

Otis

Well-Known Member
  • Sep 22, 2019
  • #649
CCFC54321 said:
My brother in law told me the other day the 3 wasps season ticket holders in his place didn’t bother renewing as it was utter torture last season and this season I sent expected or get any better.

Possibly as relegation candidate?
Click to expand...
Ridiculous them buying ST's last time out too.

Anyone of us on here could have told them that going to Wasps games would be utter torture.
 

Covstu

Well-Known Member
  • Sep 22, 2019
  • #650
CanadianCCFC said:
View attachment 13059
Click to expand...
Isn’t this the difference though, them lot looking for the day out experience and result not an issue as long as it’s entertaining whereas city fans (or football fans) are happy with any ol beer as long as the boys win
 

ccfcchris

Well-Known Member
  • Sep 22, 2019
  • #651
This reminds me of a song...
It's coming home, it's coming home, it's coming- football's coming home.
 

fernandopartridge

Well-Known Member
  • Sep 22, 2019
  • #652
I see they are starting to mirror CCFC fans with their retrospective reassessment of top players that have left them :

DrunkenWasps.com - Elliott Daly
 
C

CCFC54321

Well-Known Member
  • Sep 22, 2019
  • #653
fernandopartridge said:
I see they are starting to mirror CCFC fans with their retrospective reassessment of top players that have left them :

DrunkenWasps.com - Elliott Daly
Click to expand...
He left like the other top players simply as they are a club on the decline with no training ground, heavy in debt, declining playing squad and possible relegation fight this season.

They all left for the above reasons.
 
O

oldfiver

Well-Known Member
  • Sep 23, 2019
  • #654
clint van damme said:
For those of us that dont follow rugby am i rigjt to say this wasnt a league game?
If it is the cup is it perhaps the equivalent of the Checkatrade?
Click to expand...

They were targetting this competition as one they could progress in and (re ? ) generate interest
 
O

oldfiver

Well-Known Member
  • Sep 23, 2019
  • #655
SBAndy said:
Wasps would have to repay the full bond at £35m (probably through a refinance). The trading price gives an indicator of investors’ confidence in getting their money back as a general rule.

Say for example you’ve invested £100, at the end you would be eligible to receive the full £100 back plus you’re getting interest payments equating to £6.50 a year. However, there’s always the possibility of default which would mean you get nothing back. If you have that fear 4 years down the line and someone offers you £80 for your holdings, you may decide that you’ll cash in to avoid the risk of losing your initial investment.

Of course, there are other reasons that people would sell for below face value, but that scenario above is the general rule.
Click to expand...


If you buy @ 85 you still get 6.5% on 100 - I think that is roughly 7.6%
So if you want a gamble thats quite a high interest rate and you might get 100 back on your 85.
 
C

CCFC54321

Well-Known Member
  • Sep 28, 2019
  • #656
Good luck to Northampton today from Coventry and Warwickshire.
 
Reactions: Sky Blue Pete, CanadianCCFC, Terry Gibson's perm and 1 other person

covcity4life

Well-Known Member
  • Sep 29, 2019
  • #657
So they won yesterday in a shit cup? When does league start?

How r cov rugby doing
 
Reactions: ccfchoi87

CanadianCCFC

Well-Known Member
  • Sep 29, 2019
  • #658
covcity4life said:
So they won yesterday in a shit cup? When does league start?

How r cov rugby doing
Click to expand...
The league starts the weekend of MK away, they play on the Sunday on tv. Cov rugby won yesterday.
 

covcity4life

Well-Known Member
  • Sep 29, 2019
  • #659
CanadianCCFC said:
The league starts the weekend of MK away, they play on the Sunday on tv. Cov rugby won yesterday.
Click to expand...
Looks like cov have won 5 or 6 in a row
 

Terry Gibson's perm

Well-Known Member
  • Sep 29, 2019
  • #660
covcity4life said:
Looks like cov have won 5 or 6 in a row
Click to expand...


That will because of Wasps when the telegraph report it
 
Reactions: covcity4life
B

Brighton Sky Blue

Well-Known Member
  • Sep 29, 2019
  • #661
covcity4life said:
Looks like cov have won 5 or 6 in a row
Click to expand...

As many there for yesterday’s game as there were in the rest combined. A third of the way to what the insects pulled in last week
 
Reactions: covcity4life and chiefdave

covcity4life

Well-Known Member
  • Sep 30, 2019
  • #662
Brighton Sky Blue said:
As many there for yesterday’s game as there were in the rest combined. A third of the way to what the insects pulled in last week
Click to expand...
Not a rugby fan but with world cup on itd alright in highligjt form. Hope cov do well and get promoted!

Only 1 team can go up though?
 

lordsummerisle

Well-Known Member
  • Sep 30, 2019
  • #663
Brighton Sky Blue said:
A third of the way to what the insects pulled in last week
Click to expand...

Three times more money in tickets actually paid for I expect too.
 
Reactions: duffer, TomRad85, Brighton Sky Blue and 1 other person
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Brighton Sky Blue

Well-Known Member
  • Sep 30, 2019
  • #664
covcity4life said:
Not a rugby fan but with world cup on itd alright in highligjt form. Hope cov do well and get promoted!

Only 1 team can go up though?
Click to expand...

Correct, could be 0 if the top flight gets its way
 
Reactions: covcity4life

Terry Gibson's perm

Well-Known Member
  • Sep 30, 2019
  • #665
Brighton Sky Blue said:
Correct, could be 0 if the top flight gets its way
Click to expand...

No relegation is a great way to strangle itself without the jeopardy the same teams end up at the bottom and it gets more boring than it already is
 
Reactions: duffer and covcity4life
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