Always a Wasp

Author Topic: Administrators  (Read 1932 times)

Neils

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Administrators
« on: August 10, 2023, 10:05:29 AM »
Anyone else get a letter and claim form from FRP today?

Let me tell you something cucumber

WonkyWasp

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Re: Administrators
« Reply #1 on: August 10, 2023, 11:41:17 AM »
Yes.  Chris got one  this morning.  Our Season Tickets go thro' with my  sponsorship  via the same route.  We're going to claim for both having not  done so previously.  I  wouldn't have done so if I hadn't been charged a whack more than  previous seasons.

baldpaul101

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Re: Administrators
« Reply #2 on: August 10, 2023, 11:53:07 AM »
So what does this mean? Are season ticket holders classed as Rugby Creditors?

Shugs

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Re: Administrators
« Reply #3 on: August 10, 2023, 12:01:03 PM »
Yes, letter received.

WonkyWasp

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Re: Administrators
« Reply #4 on: August 10, 2023, 12:02:04 PM »
Who knows?  Maybe (only  MAYBE!) we might get 2p in the pound back.  Or not.  Probably not. 

RogerE

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Re: Administrators
« Reply #5 on: August 10, 2023, 12:26:20 PM »
I haven't received one, but doing an online search it seems that if you have received a refund from your card company then to try to also claim from the administrators might be fraudulent.


Neils

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Re: Administrators
« Reply #6 on: August 10, 2023, 12:40:09 PM »
I suspect most people reclaimed via their bank. If not then as WW says it will be pennies in the pound.

As they suggest this is the final payment so there should be a final report in the short term.

Bet the Admin have made a fair wack.
Let me tell you something cucumber

WonkyWasp

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Re: Administrators
« Reply #7 on: August 11, 2023, 11:43:22 AM »
Got my letter today to claim against the Sponsorship.  Our payments to Wasps were all done through our bank.   We are both getting really excited at the thought of reparation and think we might blow it all on an ice-cream.

RogerE

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Re: Administrators
« Reply #8 on: August 11, 2023, 12:07:37 PM »
Got my letter today to claim against the Sponsorship.  Our payments to Wasps were all done through our bank.   We are both getting really excited at the thought of reparation and think we might blow it all on an ice-cream.

Probably a Tesco's mini ice-cream. (unlike the Vienettas the administrators will be getting)

nuneaton wasps

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Re: Administrators
« Reply #9 on: August 11, 2023, 12:54:04 PM »
After a about 7 e-mails i got all my money back from bank but you would be shocked how many people i know did not bother or gave up after one or two e-mails. i even had to take a snap shot of refund to win a bet with one guy down the pub . so very few of the none refunded will go for a 2 pence claim on that form .

WonkyWasp

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Re: Administrators
« Reply #10 on: August 11, 2023, 03:23:38 PM »
Nuneaton ...  you give me hope!  Maybe a shared mini-tub of Haagen Dasz!!

St Bruno

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Re: Administrators
« Reply #11 on: August 12, 2023, 09:51:37 AM »
Just for information, our P shares were bought back (by PRL I think) for ?9.8 million. The first charge Derek had over all assets for his loan of ?20 million to the club was decided by the judge to be subordinate to the charge held by the bondholders and so the ?9.8 million (plus I think other funds) was made available to part-repay the bondholders.
That repayment was 33p/? and presumably totalled ?11.6 milion. According to the administrator's latest report, a further ?2.8 million (8p/?) may become available to repay the bonds.


WonkyWasp

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Re: Administrators
« Reply #12 on: August 12, 2023, 11:11:43 AM »
Maybe I'll settle for a jelly baby.  Just the one.

Shugs

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Re: Administrators
« Reply #13 on: August 12, 2023, 11:51:58 AM »
I?m confident I?ll be offsetting mine against my 24-25 season ticket !  ;)