14th Premiership place

Mark W-J wrote: Kimbo wrote: Wasps, however, could only use it to chip away at a little of their massive year-on-year losses. Didn't Wasps make a rights issue about five years ago which suddenly made them the richest club in Europe, and was going to enable them to compete with the top French clubs for world-class signings?

I’m not too sure that I would take advice from Ealing on how to increase crowds.

Am I correct to believe that these bonds are due to pay £6.50 a year in interest and then in 2 years the club is due to repay the full £100, but the market price is £40.   So the market is essentially saying it thinks Wasps is as likely as to  default as to pay up.

Camquin wrote: If you look at the 2012/3 national 2 South Season which was played with 15 teams: Worthing who had byes in the first and last wek of the scheduled season - though had a rearranged game to play - had their last home game on April 13th.A minor inconvenience.  Canterbury had a bye on December 15th which meant they did not have a home game in December. Bournemouth did not have a home game between the 9th Math and 20th April as they were away the two weeks before their home bye. Clifton had a home game on 2nd February, with the weeks off during the 6 nations and a bye, their next home game was 23rd March.

The fact that Worthing had a bye in the first and last weeks of the season is the stupidity of how the fixtures work. No-one has been able to tell me why this is - personally I would have weeks 1-15 then reverse those fixtures for weeks 16-30.

The other anomalies you mention, are again the fault of those who do the fixtures.

It isn't difficult to do fixtures so not sure why it appears to be so?

Whilst there's a certain amusement value if Sisu were buying bonds I don't think the volume of trading has been sufficient to give them any real control over the process.  Certainly when the repayments were 'restructured' there was overwhelming support for that to happen.  On the other hand I can't see any way that Wasps will be in a position to redeem the bonds in just 2 years time.  Yes they (until C-19) managed to increase revenues but also massively increased costs.  The most likely thing is yet another debt restructuring but it is also possible that the bondholders could enforce a sale of assets.  And the only real one is the stadium.  Its value would appear to cover the debt but would it really?  What's the market actually like for sports stadiums with cracks in them in the Midlands of England?  I imagine the range of possible buyers is quite restricted.

The only time I've been to the Ricoh the far end of the shopping centre looked almost over the horizon

Kimbo wrote: PlangentThrowback wrote: The only time I've been to the Ricoh the far end of the shopping centre looked almost over the horizon Were you lying on the ground? It really is quite small apart from one of the biggest Tescos around. You could probably fit about six in Fosse Park.

cheshire exile wrote: I’m not too sure that I would take advice from Ealing on how to increase crowds.