Always a Wasp
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Wasps Rugby Discussion / ACL Updates?
« on: October 25, 2022, 11:07:08 AM »
The following was posted on another link on Oct 17.
"So we're learning that the operating company that runs the CBS Arena, ACL, looks likely to avoid going into administration, as a new notice of intention to appoint administrators was filed today. This will give them 10 days of grace to get their house in order."
I presume that this will therefore expire on Thursday and they can they then apply for a further 10 days as Wasps Holdings did if they wish to before an Administrator would need to be appointed?
I spoke to someone yesterday who formerly held a senior position at Wasps and I understand that "talks" are ongoing regarding Wasps Rugby, but I presume that these are also "linked" with what may happen to the Arena in due course as well?
It looks like things will "rumble on" for a while yet, but if anyone has any positive news that would be very welcome.
"So we're learning that the operating company that runs the CBS Arena, ACL, looks likely to avoid going into administration, as a new notice of intention to appoint administrators was filed today. This will give them 10 days of grace to get their house in order."
I presume that this will therefore expire on Thursday and they can they then apply for a further 10 days as Wasps Holdings did if they wish to before an Administrator would need to be appointed?
I spoke to someone yesterday who formerly held a senior position at Wasps and I understand that "talks" are ongoing regarding Wasps Rugby, but I presume that these are also "linked" with what may happen to the Arena in due course as well?
It looks like things will "rumble on" for a while yet, but if anyone has any positive news that would be very welcome.
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