Is Lawrence Dallaglio even involved with Wasps or is it like the equivalent of Dennis Wise coming out with random incoming positive news about Coventry City?
Is Lawrence Dallaglio even involved with Wasps or is it like the equivalent of Dennis Wise coming out with random incoming positive news about Coventry City?
With his history he would have been better as a Social secretary
Fair enough. Wouldn't mind hearing from Dennis Wise though...
Piece of piss. That's the income from ACL. Have you not read the article copied above?
More from Dallaglio in today's Sunday Times -
'I can’t comment on Worcester but I will say that I expect Wasps to find a way out of their predicament. The situation is a bit different from that of the Warriors, given there are other enterprises — all equally badly affected by the loss of revenue brought on by Covid — that are folded into the same business as the Wasps rugby club. It’s complicated because of the debt structure with which the club were bought but there is no reason it can’t be a viable business. If the move to Coventry hadn’t taken place in 2014 then the administrators might have been called in a few years ago.'
They're definitely going to play the Covid card when they go into admin then.
'I can’t comment on Worcester but I will say that I expect Wasps to find a way out of their predicament. The situation is a bit different from that of the Warriors, given there are other enterprises — all equally badly affected by the loss of revenue brought on by Covid — that are folded into the same business as the Wasps rugby club. It’s complicated because of the debt structure with which the club were bought but there is no reason it can’t be a viable business. If the move to Coventry hadn’t taken place in 2014 then the administrators might have been called in a few years ago.'
They're definitely going to play the Covid card when they go into admin then.
That complicated structure rears its head again.
Fully expect when the event happens there will be some sacrificial element that disappears carrying no assets but plenty of debt.
The way they talk you would think they were the only company that was affected by covid
Not sure anyone is going to believe the guy that only a few days before they stated an intention to go into administration said everything was fine and there was definitely no problems with the finances.
At this stage I think the club could be shut down and cease to exist and the fans would still be saying everything was fine
Worcester have basically been shut down now, with staff being locked out, including the caretaker and wife being evicted from their apartment within the ground, and the men's and women's teams effectively barred from competition.
Not Wasps, I know, but a poor reflection on the state of top-flight rugby.
Not Wasps, I know, but a poor reflection on the state of top-flight rugby.
The same thing needs to happen to Wasps next. I would love to see them locked out of the CBS and a photo of all the ring leaders stood there in the rain wondering what the hell is going on.
According to a colleague who is a rugby nut the issue the RFU have with Worcester is that the business is split into multiple companies and assets that you'd expect to be under the ownership of the rugby club have been moved out of the group to other owners, sound familiar?
Interest payment theoretically due 13th November.
I have a confession to make. 
I have just checked the BBC website in the hope that a Leicester team have won a match {shudder} and they have.
I have just checked the BBC website in the hope that a Leicester team have won a match {shudder} and they have.
To use a technical term, I think they're getting their shit together!
Rightly so too; regardless of opinions about Wasps, the bondholders have been treated poorly by the club. The trustee also seems remarkably casual about supporting their best interests, as will any Administrator paid for by Wasps, I'd imagine...
"Elite", is that like the "buzz" word for Wasps promotion?
I think they were getting their shit together, but have now dropped it down the pan.
