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Derek Richardson (1 Viewer)

  • Thread starter ccfc1234
  • Start date Jun 8, 2019
Forums New posts

ccfc1234

Well-Known Member
  • Jun 8, 2019
  • #1
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?
 
Reactions: ccfchoi87

singers_pore

Well-Known Member
  • Jun 8, 2019
  • #2
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.
 
C

CCFC54321

Well-Known Member
  • Jun 8, 2019
  • #3
ccfc1234 said:
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?
Click to expand...
Word is the prick wants out of wasps
 
Reactions: singers_pore
C

CCFC54321

Well-Known Member
  • Jun 8, 2019
  • #4
singers_pore said:
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.
Click to expand...

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
 
Reactions: MalcSB and singers_pore
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CV22SBA

Well-Known Member
  • Jun 8, 2019
  • #5
Unfortunately they have loads of investors. Wishful thinking they will go bust.
 

better days

Well-Known Member
  • Jun 8, 2019
  • #6
CCFC54321 said:
Word is the prick wants out of wasps
Click to expand...
That's what I heard
It's a confused situation but the exodus of their best players tells a story
 
O

oldfiver

Well-Known Member
  • Jun 8, 2019
  • #7
CV22SBA said:
Unfortunately they have loads of investors. Wishful thinking they will go bust.
Click to expand...

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

eastwoodsdustman

Well-Known Member
  • Jun 8, 2019
  • #8
Some hooray Henry rugger bugger will turn up with a few million inheritance from somewhere and keep them going sadly.
 
Reactions: Sky_Blue_Ste

chiefdave

Well-Known Member
  • Jun 8, 2019
  • #9
eastwoodsdustman said:
Some hooray Henry rugger bugger will turn up with a few million inheritance from somewhere and keep them going sadly.
Click to expand...
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.
 

Liquid Gold

Well-Known Member
  • Jun 8, 2019
  • #10
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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