Derek Richardson

Discussion in 'Coventry City General Chat' started by ccfc1234, Jun 8, 2019.

  1. ccfc1234

    ccfc1234 Well-Known Member

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    Looking at his business history I am not sure he has deep enough pockets to bail Wasps out if they continue to loose money.

    Does anyone know his net worth approx (I know he did well a while back.

    Does anyone know how much Wasps are loosing per annum?
     
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  2. singers_pore

    singers_pore Well-Known Member

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    I’ve been saying for 3+ years that Wasps will go bust. Richardson doesn’t seem to be that well off otherwise he wouldn’t have needed to take 10 million out of wasps after their bond issue. I think someone will end up buying Ccfc and wasps as a combined entity once wasps get into real difficulty. That could be next year if they get relegated.
     
  3. CCFC54321

    CCFC54321 Well-Known Member

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    Word is the prick wants out of wasps
     
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  4. CCFC54321

    CCFC54321 Well-Known Member

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    Next year will bust them and finally finish them off. They have no way of paying the bond back and on the pitch it will get worse and hopefully relegation as all there best players have left and no expectation of being replaced due to the financial status of the club.

    Yippeeee
     
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  5. CV22SBA

    CV22SBA Active Member

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    Unfortunately they have loads of investors. Wishful thinking they will go bust.
     
  6. better days

    better days Well-Known Member

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    That's what I heard
    It's a confused situation but the exodus of their best players tells a story
     
  7. oldfiver

    oldfiver Well-Known Member

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    They must know some rich Irish racehorse owners prepared to take an each way gamble
     
  8. eastwoodsdustman

    eastwoodsdustman Well-Known Member

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    Some hooray Henry rugger bugger will turn up with a few million inheritance from somewhere and keep them going sadly.
     
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  9. chiefdave

    chiefdave Well-Known Member

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    Maybe their next owner will be someone that views Wasps as a rugby club not a property development company and will move them back to London.
     
  10. Liquid Gold

    Liquid Gold Well-Known Member

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    I’ve heard that potentially over half his personal fortune is tied up in Wasps. If they carry on making these losses it will bankrupt him.
     

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