They can’t. A wasps ‘supporter’ I know even says it’s only a matter of time before they go pop.
We will be paying a significant amount of the interest which is why we are allowed back
Can't see where the external investment will come from, it's been a loss making business since they arrived and hasn't changed to this day.
genuine question here….
Why do you come on here? Your only motive on this site is to be rude, spiteful, argumentative, shout down anyone that has an alternative opinion and down right horrible. What drives you to be such a person?
I’m not going to respond again to your sarcasm as I often tend to put you in my back pocket after a post or two as your not worth it pal.
I’m certainly not going to allow you to ruin such a good thread either!
Love to see their business plan for the next five years…. If they have one mate!
Agreed. The club is still massively loss making though and I wouldn’t be surprised if rates go up further, assuming they’re able to secure a refinance.
How is exposing your uninformed rubbish and lack of any financial knowledge sarcastic rude of spiteful
You haven’t a clue what you are talking about and I consider I need to make people aware of that
The reason they wanted CCFC back was they are the attraction at the stadium which also led CBS there
They will not survive just relying on CCFC income and the lease is running down
Let’s be honest if Sepalla and Boddy were serious about ground ownership they’d look to buy the lease from wasps holdings and save a fortune compared to building a new ground
It's worthless, why would they buy it, Wasps never as they sold bonds to purchase it.
Bought it for how much, 2.7m was it not, not 60m, then they issued the bonds which paid off the councils loan and covered their original purchase. It may be valued at 60m but Wasps won't get anything for it
It was £5.4m plus £1m for the lease. It also included the operational debt of around £20m.
Of course it’s worth money it’s stupid to say it has zero value
To SISU it has zero value as they won't offer anything, that's if Wasps were willing to sell, and would CCC let that happen. Could SISU not issue a similar bond scheme to raise funds?
It would cost as much to bring it up to standard as building a new one
I understand the dilaps are one problem in the equation
It only has 2 values - what someone would pay for it and the in use value to the current owner
I'm surprised he's not said that they didn't want to repay the bond on Friday the 13th or something
Another full house tonight….oh and sadly another loss 
Shame Cov Rfc are away tomorrow at Ealing as there could of been a bumper crowd at the Butts for their cup final, even better if they'd of moved it to the CBS and got over 10k
Another full house tonight….oh and sadly another loss
There is a few that post on this forum in the stand there. Sadly, they will never admit it publicly.
It could have been their last game at the Ricoh.
Is it 21 days to default on the bond?