Search results

https://www.theguardian.com/sport/2022/oct/14/rugby-union-premiership-rugby-wasps-worcester-finances 'The governing body has also detailed its reasons against allowing Worcester and Wasps to keep their P shares – which entitle clubs to a percentage of the leagues’s income as well as voting...

Hmmm

Well, that was a couple of fkin horrible hours this aft, I must say!

This is a pretty good article, again highlighting their losses pre-Covid - Premiership Rugby's ongoing crisis: Why are clubs like Wasps and Worcester Warriors struggling? 'Such a situation in being unable to pay debts has come principally due to dire financial accounts at the club over a number...

'In March 2021, it announced £88 million in Covid loan support for Premiership clubs' - Source 'Around £3.8 million has been made available to the venue via the Coventry and Warwickshire Local Enterprise Partnership (CWLEP), which successfully secured the investment from £66 million worth of...

From Onceawasp - Wonder if the target of their anger will finally focus on the right people...

Even Shugs acknowledges the game's up :oops: -

Wasps as we know it 'very unlikely' to continue RugbyPass thinks they're fked. 'around £90 million of debt' :oops:

Well...don't CCC get to decide who to issue a new head lease to in the advent of insolvency? CCC - 'Will you fk over CCFC?' Bidder - 'Yes' CCC - 'Sold'.

I meant a comment on Onceawasp - Wasps facing relegation

This is interesting. There's a new article on the Cov Tel about Dallaglio (that's not the interesting bit) which was updated 5 mins after it was published. Looking at a comment on Onceawasp, it appears Bobby Bridge removed a paragraph about a board split -...

Awww and they were so close! Curse you Covid...

At least Dallaglio could never be accused of doing that...(twice...) 😬

Usual excellent historical knowledge on Onceawasp...:rolleyes:

Exclusive: Prospective Wasps owners will stomach relegation if lucrative 'P share' retained other Premiership clubs pulling up the ladder?...

The Bayer pull to stop Sheaf's break - Quite how the ref's missed that, I'm not sure...

From ADVFN - So the Trustees are going to do f all unless the Bondholders pay/indemnify them first. Being a Trustee sounds as cushy as being an Administrator...

Yup, the timing couldn't have come at a worst time for Wasps (they might have got away with it in May!) and I really can't see how they can avoid admin. Even posters on Onceawasp are starting to realise that. I've no doubt Wasps continued to issue optimistic statements since the default so that...

From the DT article on Worcs, saying they're likely to be relegated. The administrator expects their appeal on Covid grounds to be rejected by the RFU... Even were a takeover to be completed in time for Worcester to see out the season, Palmer expected the Rugby Football Union to relegate them...