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Been recruiting players whilst knowing they had a huge debt to pay - that they didn't know if they could pay. Cheating Vs dishonesty. Breaking a salary cap Vs potentially defaulting on huge debt. As bad as each other

It's embarrassing. Funny when you're on the inside and safe, not so funny when you're one of those outside trying to get back in. Rugby family, football family all good when it comes to charity things and anything that doesn't cost them money or threaten their income. Otherwise it's a...

France is rich owners and a huge TV contract but they are cutting salary cap due to finances . Their attendances etc do seem to be on a par with English league. Irish RFU provides majority of funding to their 4 teams.

All of them are in the proverbial shit. They are going to look after number 1. If the TV revenue can be divided by 2 less clubs then other clubs might survive. RFU hasn't got any money. Already cut funding to various national teams. Cut funding to Championship clubs Inc Cov rugby. None of...

CET credibility been on a downhill for ages. Comes across that paid advertising can buy you certain favours.

Pretty much same thing happened at Worcester. Problem for the players most teams don't have the money/cap space to take on new players. A few will find new clubs butany will have to wait and see what happens with Wasps.

More about the rumours today that certain council figures might be trying to sort something out now. Various other previous funds availability have disappeared as Wasps couldn't find the financing for the projects these funds were linked to.

Les Reid (and to a point Simon Gilbert) took huge amounts of flak and some very dubious tactics to undermine their credibility.

Don't see any official body will step in. Would open such a political can of worms. 1.so many businesses might have survived COVID with extra help. 2. So many businesses (and constituents!!) facing real difficulties due to rising costs especially energy bills right now. Does a rugby team with a...

There are people at the top (elected and non-elected) that have a genuine hatred/dislike of CCFC ownership. They have openly admitted in the past that certain actions / instances were designed to "encourage" a change of CCFC ownership. Wasps were a convenience. could have been a megarich...

Think that's the issue.Probably a lot of new councillors who have no vested interest as they weren't around when the original decisions made.

which would probably as a response to the administration process having started on Monday

This makes sense. Couple of senior figures panicking and thinking they could push something through. But didn't really think the whole thing through. More about protecting reputations than the Wasps business. That said wouldn't trust Duggins as far as I could throw him. Nothing gets arranged...

Wouldn't have been finished without the original Council finances but it was a business arrangement rather than a handout / bail out

No. They took over CCFC's part of ACL. Then outstanding loan was eventually cleared by the money from this bond being used to settle the loan CCC had put in. Basically it was the court case. Roughly speaking the bond holders have "loaned" Wasps the money to clear the Council's debt with ACL.

Don't suppose anyone lives close enough to get down there and protest in person?

Keep telling us there will be cuts to all sorts of services this winter due to energy costs. Then going to find money for this

Going to Reeves and Maton at the helm.

Absolute joke. How many local businesses have genuinely gone under due to COVID etc ? CCC wasn't looking to bail them out - probably had a combined more full-time employees than Wasps. If they're pouring further cash into a failing business then they are failing everybody but a handful of...

probably thinks he can sell more Teslas in Russia than Ukraine