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God no. First week some sort of club/stadium-backed refinancing to repay all their ownership loans. When they were designing all sorts of new stadia years back it was made clear club would never own the new stadium it would be a separate "SISU entity"

An 8 figure COVID loan was received by all Premier clubs. Seen between 10.5 and 11.5m quoted.

Well Joy seems to be as deluded as the Glazers when it comes to valuing football clubs. They've just valued utd at 9 billion so Joy must be looking for 70-80 million at least🥺

Not sure we'll get shafted but got a feeling we aren't going to benefit in any major way.

They were at the heart of their rugby community in part of London before they threw them aside.

Think a lot of other rugby clubs' fans will be having a snicker too. Wasps telling the world they were going to number 1 rubbed many up the wrong way. Do have sympathy for those fans who bought bonds and could lose out. Commercial investors no sympathy for not doing proper due diligence .

Don’t HMRC take priority? Might not be anything left for the bond holders or anyone else once they’ve taken what they’re owed, or maybe even part of what they’re owed. If the figures being touted around are anywhere near true it could be doubtful that the administrator can’t even raise enough to...

Waiting for Dallaglio. Anyone seen Maton?

Probably a point many original Wasps fans are making atm. Shot for the stars and missed. A fate too many football clubs know too well

Billy big booted it when they moved. Other clubs fans thought they had betrayed their fan base anyway. Same thing happened to mk Dons at the start.

"Toxic reputation" if it goes down the admin route. Would imagine more than a few bondholders are original Wasps fans that would have their loyalty tested actually losing money.

Probably one of those who think they are still destined to be the biggest rugby club in Europe

Just not been run properly by the various guises of ACL - CCFC, CCC and Wasps. Even SISU realized they had to bring in someone to run the non-football side when they were looking for an events partner as part of their plans pre-Wasps.

have to send a message. Set a cap and enforce or it's worthless. Look at what the likes of PSG, Man city and others did/do with fair play caps/regs

Sure he's doing some form of due diligene after getting burnt when he bought Newcastle. But he made good money through buying and selling Newcastle - made about 160 million plus getting his loans back. We don't have the Newcastle fanbase but I'm sure he wouldbe confident of turning us around...

Didn't I read it was 50 million plus proof of funds for 12 million to cover "immediate short-term issues"? That extra 12 million seems likely to be HMRC, COVID loans and players salaries etc. But 12 million seems a very large number.

So Red Bull spend the excess more effectively than Aston Martin can? Ferrari boss came up with some strange equation between every extra million over budget =so many hundredths of a second per lap. Nothing's going to happen maybe some sort of reprimand or team fine rather than points deductions...

I think China still does not recognize Crimea as part of Russia either. Putin cannot afford to alienate China.

Wasn't he in some drug scandal?

Shouldn't think Dallaglio was appointed to the board for his brains