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Wasps downward spiral... (13 Viewers)

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

Well-Known Member
  • Feb 22, 2023
  • #7,281
They have zero emotional intelligence.
 

Kneeza

Well-Known Member
  • Mar 3, 2023
  • #7,282
The utter feckin' eejit is still banging the 'return to CBSA' drum (on the Wuss forum).
 

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CCFC54321

Well-Known Member
  • Mar 4, 2023
  • #7,283
Kneeza said:
The utter feckin' eejit is still banging the 'return to CBSA' drum (on the Wuss forum).
Click to expand...
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.
 
Reactions: SkyBlueCharlie9

Flying Fokker

Well-Known Member
  • Mar 4, 2023
  • #7,284
Like they took the Wasps signs down for no reason
 
Reactions: torchomatic, Deleted member 5849, Saddlebrains and 2 others

fernandopartridge

Well-Known Member
  • Mar 6, 2023
  • #7,285
Flying Fokker said:
Like they took the Wasps signs down for no reason
Click to expand...
Shugs has said they've just been taken down for a well deserved deep clean
 
Reactions: torchomatic, skybluelee, TomRad85 and 3 others

chiefdave

Well-Known Member
  • Mar 6, 2023
  • #7,286
fernandopartridge said:
Shugs has said they've just been taken down for a well deserved deep clean
Click to expand...
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
 
Reactions: covcity4life, duffer, torchomatic and 1 other person
B

Brighton Sky Blue

Well-Known Member
  • Mar 6, 2023
  • #7,287
chiefdave said:
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
Click to expand...
 
H

HuckerbyDublinWhelan

Well-Known Member
  • Mar 6, 2023
  • #7,288
fernandopartridge said:
Shugs has said they've just been taken down for a well deserved deep clean
Click to expand...
Half of the time I’m pretty sure he’s actually an elaborate troll.
 

Grendel

Well-Known Member
  • Mar 6, 2023
  • #7,289
HuckerbyDublinWhelan said:
Half of the time I’m pretty sure he’s actually an elaborate troll.
Click to expand...

He’s genuine to be fair
 

Flying Fokker

Well-Known Member
  • Mar 7, 2023
  • #7,290
HuckerbyDublinWhelan said:
Half of the time I’m pretty sure he’s actually an elaborate troll.
Click to expand...
I read that as electoral roll! Yikes, I’m sleep depraved! I know, before you mention it…deprived. Just me being creative.
 
Reactions: HuckerbyDublinWhelan and vow

Kneeza

Well-Known Member
  • Mar 7, 2023
  • #7,291
He's totally genuine in his unswerving belief that nobody involved with Wasps could possibly be in the wrong, and that everything that is happening is part of the plan.
Weirdo.
 
Reactions: duffer, I_Saw_Shaw_Score, chiefdave and 4 others

jordan210

Well-Known Member
  • Mar 7, 2023
  • #7,292
The bond holders have still not had any money.....
 

Terry Gibson's perm

Well-Known Member
  • Mar 7, 2023
  • #7,293
jordan210 said:
The bond holders have still not had any money.....
Click to expand...

Never mind greedy people have lost out.
 

Kneeza

Well-Known Member
  • Mar 8, 2023
  • #7,294
Terry Gibson's perm said:
Never mind greedy people have lost out.
Click to expand...
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.
 
Reactions: duffer and Sky Blue Pete
H

HuckerbyDublinWhelan

Well-Known Member
  • Mar 8, 2023
  • #7,295
Kneeza said:
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.
Click to expand...
Presented with an opportunity to fuck us over. Nah - no sympathy on my end
 
Reactions: TomRad85
H

HuckerbyDublinWhelan

Well-Known Member
  • Mar 8, 2023
  • #7,296
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
www.birminghammail.co.uk
 

Kneeza

Well-Known Member
  • Mar 8, 2023
  • #7,297
HuckerbyDublinWhelan said:
Presented with an opportunity to fuck us over. Nah - no sympathy on my end
Click to expand...
I said 'temper it'. Not sympathise. Unless you mean the CCFC fans that were fucked over?
 

MalcSB

Well-Known Member
  • Mar 8, 2023
  • #7,298
HuckerbyDublinWhelan said:
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
www.birminghammail.co.uk
Click to expand...
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.
 
Reactions: HuckerbyDublinWhelan and Terry Gibson's perm
H

HuckerbyDublinWhelan

Well-Known Member
  • Mar 8, 2023
  • #7,299
Kneeza said:
I said 'temper it'. Not sympathise. Unless you mean the CCFC fans that were fucked over?
Click to expand...
Genuine Wasps fans had an opportunity that was too good to be true which pretty much relied on rinsing Coventry City.

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
 
Reactions: Bertola

Terry Gibson's perm

Well-Known Member
  • Mar 8, 2023
  • #7,300
MalcSB said:
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.
Click to expand...


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.
 
Reactions: LastGarrison, vow, Kneeza and 2 others

Sky Blue Harry H

Well-Known Member
  • Mar 17, 2023
  • #7,301
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.
 

Grendel

Well-Known Member
  • Mar 18, 2023
  • #7,302
Feeling his pain

 
Reactions: Sky Blue Harry H, LastGarrison, TomRad85 and 3 others

jordan210

Well-Known Member
  • Mar 18, 2023
  • #7,303
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.
 

Nuskyblue

Well-Known Member
  • Mar 18, 2023
  • #7,304
jordan210 said:
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.
Click to expand...
It means that The Wasps are fucking bums.
 

fernandopartridge

Well-Known Member
  • Mar 18, 2023
  • #7,305
MalcSB said:
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.
Click to expand...
Shugs has said Blues train there because they felt an affinity with Wasps having both been CCFC landlords
 
Reactions: Terry Gibson's perm

Terry Gibson's perm

Well-Known Member
  • Mar 18, 2023
  • #7,306
fernandopartridge said:
Shugs has said Blues train there because they felt an affinity with Wasps having both been CCFC landlords
Click to expand...


Obviously not that a decent facility local to them is available and probably fairly cheap.
 
Last edited: Mar 19, 2023

ovduk78

Well-Known Member
  • Mar 19, 2023
  • #7,307
Grendel said:
Feeling his pain

Click to expand...
And every night after he has worn them he takes his piss stained pants and athletic foot infested socks and washes them in bleach.
 
Reactions: vow and Peter Billing

Kneeza

Well-Known Member
  • Mar 26, 2023
  • #7,308
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.
 
Reactions: duffer, AOM, tisza and 2 others

Grendel

Well-Known Member
  • Mar 27, 2023
  • #7,309
Yorkshire CEO reassures members despite financial concerns it’s all lies and a bright future awaits

https://www.yorkshirepost.co.uk/sport/cricket/yorkshire-ccc-agm-stephen-vaughan-delivers-defiant-m-about-clubs-future-amid-mounting-debts-4079282
 
Reactions: Kneeza
B

Brighton Sky Blue

Well-Known Member
  • Mar 27, 2023
  • #7,310
Grendel said:
Yorkshire CEO reassures members despite financial concerns it’s all lies and a bright future awaits

https://www.yorkshirepost.co.uk/sport/cricket/yorkshire-ccc-agm-stephen-vaughan-delivers-defiant-m-about-clubs-future-amid-mounting-debts-4079282
Click to expand...

Trading while insolvent yet again
 

Terry Gibson's perm

Well-Known Member
  • Mar 27, 2023
  • #7,311
They were in a bad way before this clown got there but he will not help.
 

fernandopartridge

Well-Known Member
  • Mar 27, 2023
  • #7,312
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.
 

Terry Gibson's perm

Well-Known Member
  • Mar 27, 2023
  • #7,313
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
  • Mar 27, 2023
  • #7,314
fernandopartridge said:
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.
Click to expand...

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
 
Reactions: Terry Gibson's perm

chiefdave

Well-Known Member
  • Mar 27, 2023
  • #7,315
Grendel said:
Yorkshire CEO reassures members despite financial concerns it’s all lies and a bright future awaits

https://www.yorkshirepost.co.uk/sport/cricket/yorkshire-ccc-agm-stephen-vaughan-delivers-defiant-m-about-clubs-future-amid-mounting-debts-4079282
Click to expand...
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.
 
Reactions: Terry Gibson's perm
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