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Wasps accounting issue
BrianB (IP Logged)
22 December, 2017 09:32

Re: Wasps accounting issue
alwayshopeful (IP Logged)
22 December, 2017 09:49
This one could get interesting depending on the attitude of the bond holders.

If you had bought bonds based on specific financial operational promises and they had been "creative" in achieving them you could get into discussions of "integrity"..

Of course, if the bond holders are fans and could not care less, then I'm sure this just goes away.

ch saint
Re: Wasps accounting issue
ch saint (IP Logged)
22 December, 2017 15:02
They must have known about it, but as you say the repercussions will depend on who holds the debt.
Nevertheless quite appalling attempt to mislead, or incompetence.

Re: Wasps accounting issue
Saint Tim (IP Logged)
22 December, 2017 16:40
Well dodgy accounting practice.

Mike Parton
Re: Wasps accounting issue
TOKS (IP Logged)
29 December, 2017 09:43
"....with interest of 6.5pc to be paid on those bonds every six months"....

Looks like Bernie Madoff may get a cell-mate!

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