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Why would an investor even consider pumping money into a company that they could pick up in administration for a fraction of the price? I'm not sure there are too many economically illiterate millionaires

Are the seats taken allocated to the free tickets? 😂 😂

Since last Friday, Wasps attempts to refinance the debt moved from difficult to near impossible. Covid can't be blamed. I wonder what they'll blame next ..... it's too windy at this time of year?

Another wind up.........yawn!

We did for 37 years…. Just saying!

......and the reports of steroid use in some independent schools by aspiring rugby players

Tommy Hutchison was my hero as a child. I was so lucky to have seen him play for us. "Hutch on the wing and Stein in the middle...."

Did he say which year? 2030??

Own up which one of us has been using their vpn to fool these desperate bunch that they’ve found £2m down the back of the sofa

Both France & now Germany have nationalised energy providers, as the market for energy is damaging their domestic economy. In the UK we are borrowing £100 billion to subsidise the energy companies, which will inevitably boost their profits, to try and prevent more damage to our economy. It'll be...

The finances of Premiership Rugby Clubs is nuts......similar to the Championship, but at least the clubs in the EFL have the chance to reach the riches of the promised land of the PL. From recent survey of Premiership Rugby clubs only Exeter were showing profits or breaking even pre-Covid. The...

My take on recent events is the move towards administration is: a] To buy time for a last ditch attempt to refinance b] Allow Wasps Holdings to appoint an administrator, if it comes to that course of action rather than HMRC or Bond holders Regarding the value of the CBS arena - Pride park was...

Unless you are an economically illiterate person you would never invest in a Premiership rugby club. Everyone one of the clubs … bar Exeter …. Lose money every year and Wasps business plan is a total basket case. Ultimately it’s us the tax payers of UK who lose out with these situations

It’ll be interesting to hear the bond holders reaction. They’re going to get shafted

Alongside the issues of repayment to the bondholders is also the reported outstanding tax bill due to HMRC. I don't understand how a business [Worcester] can have circa £6m of outstanding payments due within a short time. Employer payments are due quartely and I accept corporation tax is paid...

Given the story promoted in the FT, I think they are trying to entice a buyer. However, the communications from the club hasn't helped them secure a price they would accept, due to looking for funds., which would make any buyer think SISU are desperate to offload the club. N.B. The late sale of...

We need to stop Bacuna on Saturday feeding balls to Hogan if we are to get a result

I read the lack of any detailed communications on this as the sport science and medical teams being very cautious. Sometimes with these sorts of injuries there can be complications with other muscle groups due to reconditioning during the rehab period. The last thing we need is for him to pick...

Looks like their 2nd half performance is in symmetry with Wasps Holdings financial performance

My reading of this statement is to try and stop the bond holders from seeking repayment now, whilst elements of non rugby Wasps holdings are potentially sold. I think the bond holders are likely to lose money here