Why on earth would any business man ‘worth his salt’ be looking to rescue Wasps (or any other rugby club ‘for that matter) from the brink of financial oblivion, the numbers simply don’t stack up.Isn’t Ashley primarily interested in London Wasps and the stadium? The only place where it’s been claimed that we’re the main goal is on here out of hope more than anything else.
It never was going to happen. Just a name plucked from the web who had money and the story grew arms and legsLads I'm usually upbeat and I would love John McEvoy to be our new owner - but I have it on very good authority it's not happening.
Whats good authority on your books? Not challenging you just seeing how factual it isLads I'm usually upbeat and I would love John McEvoy to be our new owner - but I have it on very good authority it's not happening.
Great post. Plus , with the climate as it is, People will not rush to any sport unless they can afford it. Wasps as an entity needs a benevolent owner. Any investment in the businesss will need a long-term strategy whether City is involved or not.Why on earth would any business man ‘worth his salt’ be looking to rescue Wasps (or any other rugby club ‘for that matter) from the brink of financial oblivion, the numbers simply don’t stack up.
The public interest in the sport simply isn’t there, it then follows that the money within the game ie: sponsorship, TV revenue, merchandise, gate receipts etc are massively limited even in areas where the rugby club share a long rich history with their host town/city.
Looking at Wasps, and analysing their time so far in Coventry, what would you see that might convince you to invest your money and have real hopes of seeing a short, mid, or long term financial reward.
Coventry City may well have been a complete and utter basket case, maybe they still are, but the game they play has the interest of a huge proportion of the population, because of that the potential financial rewards are huge.
At the end of the day that’s all any potential investors will be interested in, risk reward.
Understatement of the weekLads I'm usually upbeat
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.I guess the difference between Rugby and Football from an investment perspective is there isn't a land of milk and honey in Rugby that you can take a risk and maybe get premiership money. Premiership money in Rugby can't sustain the teams therefore you need to be more risk averse when taking on a Rugby club or be happy to take the losses of course. That isn't going to change any time soon.
It's a shit sport, great in the 70s when anyone could of played, gone all American football now where you have to be a certain size and build to playI guess the difference between Rugby and Football from an investment perspective is there isn't a land of milk and honey in Rugby that you can take a risk and maybe get premiership money. Premiership money in Rugby can't sustain the teams therefore you need to be more risk averse when taking on a Rugby club or be happy to take the losses of course. That isn't going to change any time soon.
Not under Ashley it wouldn’t… we’re a flipping opportunity, you’re looking at the idea of winning things - football is a better investment because if you spend correctly, get to the premier league, Ashley could sell us for an inflated £150m as a vanity projectThing is, the Premiership money is a fallacy anyway, as costs rise exponentially if you want to stay there, so clubs run at huge losses because of that, along with the risk of meltdown and failure.
What Rugby does offer is the opportunity to be European champions for a fraction of the cost of doing the same in football.
Lads I'm usually upbeat and I would love John McEvoy to be our new owner - but I have it on very good authority it's not happening.
Lads I'm usually upbeat and I would love John McEvoy to be our new owner - but I have it on very good authority it's not happening.
Clearly never going to happen, but it’s been a miserable season so far. So Football Manager time: what would you do if you were a billionaire coming in?
Go all out in Jan? Replace Robins?
Personally I’d give Robins enough to bring in 3-5 in Jan on real quality and see what he does with it. If we don’t look like picking up sack him off and get Klopp or whoever billionaire owners get. If he does well give him a warchest for a summer rebuild when we haven’t wasted the first quarter of the season.
Skipping back a couple days here, but you think about some of the players we’ve supposedly been interested in but beaten to or couldn’t afford, and it would be quite encouraging. Doesn’t take an awful lot of investment in transfer fees to make a significant step forward, but maybe someone/some way of underwriting a 25% increase in the wage bill. Still have to sell smartly as well.
It's a shit sport, great in the 70s when anyone could of played, gone all American football now where you have to be a certain size and build to play
Nobody ever said he was a city fan did they?Not sure of the right thread but given Dawkins is the face of this “take over”. Not that this is really news, but our famous city fan, Tom Grennan, was on the fantasy football show talking about his beloved United and not once mentioning City. Nothing like a bit of PR/marketing.
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This was never happening
Dawkins for a start
And if someone is a billionaire its nit hard to find that info. McEvoy is barely on a Google search
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