Wasps downward spiral... (20 Viewers)
- Thread starter CCFC54321
- Start date
The guys mentally sick and we should now stop copying and pasting the stuff that he has messaged. This football clubs above this sort of thing.
Flying Fokker
Well-Known Member
Like they took the Wasps signs down for no reason
fernandopartridge
Well-Known Member
Shugs has said they've just been taken down for a well deserved deep clean
chiefdave
Well-Known Member
when people say stuff like this about Shugs you always have to go and check because there's a good chance anything that sounds too stupid to be real is actually something he's come out with
Brighton Sky Blue
Well-Known Member
HuckerbyDublinWhelan
Well-Known Member
Half of the time I’m pretty sure he’s actually an elaborate troll.
Grendel
Well-Known Member
He’s genuine to be fair
Flying Fokker
Well-Known Member
I read that as electoral roll! Yikes, I’m sleep depraved! I know, before you mention it…deprived. Just me being creative.
Terry Gibson's perm
Well-Known Member
Never mind greedy people have lost out.
Kneeza
Well-Known Member
True, but you should temper that with the fact that also genuine fans of the club were presented with an opportunity to support it financially and took it. Can't really blame them for that.
Different, I know, but I also feel sympathy for those that bought shares in CCFC and were subsequently ripped off.
Similar outcome, but at least CCFC came through that shit.
HuckerbyDublinWhelan
Well-Known Member
Presented with an opportunity to fuck us over. Nah - no sympathy on my end
HuckerbyDublinWhelan
Well-Known Member
Also the parasites training ground might be of some use
www.birminghammail.co.uk
Birmingham City consider rugby training ground option after Wast Hills fire
The latest Birmingham City news and views from BirminghamLive as Blues are left considering their training ground options
Kneeza
Well-Known Member
I said 'temper it'. Not sympathise. Unless you mean the CCFC fans that were fucked over?
I wonder what it has been repurposed to. Shugs seems to think it will be a handy source of income, doesn’t seem to accept that Wasps didn’t / don’t own the training ground.Also the parasites training ground might be of some use
Birmingham City consider rugby training ground option after Wast Hills fire
The latest Birmingham City news and views from BirminghamLive as Blues are left considering their training ground options
HuckerbyDublinWhelan
Well-Known Member
Genuine Wasps fans had an opportunity that was too good to be true which pretty much relied on rinsing Coventry City.I said 'temper it'. Not sympathise. Unless you mean the CCFC fans that were fucked over?
I don’t have sympathy with anything to do with Wasps - ultimately it was them or us that had to go. It was always gonna come down to that
Terry Gibson's perm
Well-Known Member
Could have been a nice source of income for some of the companies they owed money to if it were not for a nice little shuffle to hide it away.
Sky Blue Harry H
Well-Known Member
Doesn't their new season start in about 5 months (presumably a lot earlier re: friendlies/training) ; yet they haven't said where they are playing, don't have any players, coaches, other employees etc. You'd think they must have to reveal that to the rugby authorities fairly soon.
jordan210
Well-Known Member
No idea what this actually means
NOTICE OF RESULT OF ELECTRONIC CONSENT WASPS FINANCE PLC (the “Issuer”)
Notice to the holders of
£35,000,000 6.50 PER CENT. SECURED BONDS due 13 May 2022 (the “Bonds”) of the Issuer (ISIN: XS1221940510; Common Code: 122194051)
We refer to the Bonds presently outstanding and constituted by a trust deed dated 13 May 2015 as amended or supplemented from time to time, (the "Trust Deed") made between the Issuer, Wasps Holdings Limited (in administration) (“WHL”), ACL Astute 2006 Limited (in administration) (formerly known as Arena Coventry (2006) Limited) (“ACL2006”) and ACL Astute 2022 Limited (in administration) (formerly known as Arena Coventry Limited) (“ACL”) and U.S. Bank Trustees Limited (the "Trustee") constituting the Bonds and the terms and conditions of the Bonds (the "Conditions").
Further to our Notice of Electronic Consent Request dated 2 February 2023 (the “Electronic Consent Request”), we hereby notify you that the consent of Bondholders holding not less than 90 per cent. of the nominal amount of the Bonds outstanding was not obtained for any of the Extraordinary Resolutions contained in the Electronic Consent Request and accordingly such Extraordinary Resolutions were not approved by way of Electronic Consent. The Trustee has informed the joint administrators of WHL, ACL and ACL2006 that none of the Extraordinary Resolutions have been approved by way of Electronic Consent and that it will not take any action in relation to the Decision Procedure Forms.
More generally, the Trustee understands that the administrators of each company continue to work through their proposals and any further update in this regard will be provided when available.
Capitalised terms used in this notice (the “Notice”) but not defined shall have the meaning given to them in the Trust Deed.
Notice is given by the Trustee dated 17 March 2023.
NOTICE OF RESULT OF ELECTRONIC CONSENT WASPS FINANCE PLC (the “Issuer”)
Notice to the holders of
£35,000,000 6.50 PER CENT. SECURED BONDS due 13 May 2022 (the “Bonds”) of the Issuer (ISIN: XS1221940510; Common Code: 122194051)
We refer to the Bonds presently outstanding and constituted by a trust deed dated 13 May 2015 as amended or supplemented from time to time, (the "Trust Deed") made between the Issuer, Wasps Holdings Limited (in administration) (“WHL”), ACL Astute 2006 Limited (in administration) (formerly known as Arena Coventry (2006) Limited) (“ACL2006”) and ACL Astute 2022 Limited (in administration) (formerly known as Arena Coventry Limited) (“ACL”) and U.S. Bank Trustees Limited (the "Trustee") constituting the Bonds and the terms and conditions of the Bonds (the "Conditions").
Further to our Notice of Electronic Consent Request dated 2 February 2023 (the “Electronic Consent Request”), we hereby notify you that the consent of Bondholders holding not less than 90 per cent. of the nominal amount of the Bonds outstanding was not obtained for any of the Extraordinary Resolutions contained in the Electronic Consent Request and accordingly such Extraordinary Resolutions were not approved by way of Electronic Consent. The Trustee has informed the joint administrators of WHL, ACL and ACL2006 that none of the Extraordinary Resolutions have been approved by way of Electronic Consent and that it will not take any action in relation to the Decision Procedure Forms.
More generally, the Trustee understands that the administrators of each company continue to work through their proposals and any further update in this regard will be provided when available.
Capitalised terms used in this notice (the “Notice”) but not defined shall have the meaning given to them in the Trust Deed.
Notice is given by the Trustee dated 17 March 2023.
Nuskyblue
Well-Known Member
It means that The Wasps are fucking bums.
fernandopartridge
Well-Known Member
Shugs has said Blues train there because they felt an affinity with Wasps having both been CCFC landlords
Terry Gibson's perm
Well-Known Member
Obviously not that a decent facility local to them is available and probably fairly cheap.
Last edited:
ovduk78
Well-Known Member
And every night after he has worn them he takes his piss stained pants and athletic foot infested socks and washes them in bleach.
Kneeza
Well-Known Member
Irony alert:
Posted by: Shugs (IP Logged)
Date: 26 March, 2023 13:15
Well done to you Wuss fans - what is very apparent is that if you don’t do these things no one else is going to. It’s barely believable that so many layers of incompetence can be allowed/unpunished etc.
Posted by: Shugs (IP Logged)
Date: 26 March, 2023 13:15
Well done to you Wuss fans - what is very apparent is that if you don’t do these things no one else is going to. It’s barely believable that so many layers of incompetence can be allowed/unpunished etc.
Grendel
Well-Known Member
Yorkshire CEO reassures members despite financial concerns it’s all lies and a bright future awaits
Brighton Sky Blue
Well-Known Member
Trading while insolvent yet again
Terry Gibson's perm
Well-Known Member
They were in a bad way before this clown got there but he will not help.
fernandopartridge
Well-Known Member
It's amazing that in the world of sports CEOs, your track record is of no relevance.
We've heard from Mal Brannigan this week and Stephen Vaughan.
We've heard from Mal Brannigan this week and Stephen Vaughan.
Terry Gibson's perm
Well-Known Member
I think Vaughan caused problems somewhere before he rocked up at Wasps he is a disaster and you would think once he has damaged Yorkshire further he will be off with his wrecking ball somewhere else, hopefully to the side that ply are the wrong end of the m69.
Grendel
Well-Known Member
As an aside we’ve always heard from a rather spritely looking 91 year old Ken Bates
Almost 20 years on from the day Ken Bates sold Chelsea
EXCLUSIVE INTERVIEW BY ROBERT DINEEN: On the subject of overseas ownership, no investor is spared his censure, including the type of American wealth fund which bought Chelsea.
www.dailymail.co.uk
chiefdave
Well-Known Member
Swap Yorkshire for Wasps and Headingly for the Ricoh and that could easily be him speaking when he was at Wasps. Following the same pattern, let’s hope they realise how useless he is and get rid before he does irreversible damage.
