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You've confused him now Pete! :LOL:

Yup and when the existing teams' owners sold the 30% of future income to that investment firm, it reduced the number of potential new owners hugely.

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...