Rugby doesn't have the structure of 4 leagues like football so once your out of the top league your practically on the verge of semi pro and its almost impossible to return from there as the revenue streams are so low.
It just goes to show my knowledge of rugby.Rugby doesn't have the structure of 4 leagues like football so once your out of the top league your practically on the verge of semi pro and its almost impossible to return from there as the revenue streams are so low.
Like what?Calling himself peaches and cream proves alot tbh
Like what?
The local clubs that are being evicted as a result care very much.Just because its wasps I suppose. If it was another club doing this would any of our fans care? Nobody really cares about what's happening at Henley its just another excuse for a wasps bash(nothing wrong with that).
Possibly, but on the flip side if SISU were doing it, there’d be mass outrage with 5 page spreads in the telegraph.Just because its wasps I suppose. If it was another club doing this would any of our fans care? Nobody really cares about what's happening at Henley its just another excuse for a wasps bash(nothing wrong with that).
even with non rugby stuff breaking even now they will believe they can make it profitable and even with the legendary free tickets the attendances are higher than before the move to Coventry, They are hoping that eventually the non rugby stuff will help fund the rugby while they build a fan base capable of supporting the club making it financially sound (thats my opinion anyway)The actual match day income here isn’t much different is it?
They have also tried the same tactic with exhibitions - I.e reduced very cheap stands for clients. I did some promo work for a company and the stands were cheap. Problem is no one will pay more.
The non rugby stuff breaks even so it’s all revenue and zero profit. They have pulled a lot of events as some will be loss making.
I can’t actually see financially how they are better off
even with non rugby stuff breaking even now they will believe they can make it profitable and even with the legendary free tickets the attendances are higher than before the move to Coventry, They are hoping that eventually the non rugby stuff will help fund the rugby while they build a fan base capable of supporting the club making it financially sound (thats my opinion anyway)
even with non rugby stuff breaking even now they will believe they can make it profitable and even with the legendary free tickets the attendances are higher than before the move to Coventry, They are hoping that eventually the non rugby stuff will help fund the rugby while they build a fan base capable of supporting the club making it financially sound (thats my opinion anyway)
you do like to fish for a reaction don't you and in fairness quite a lot on here biteEventually? How long has it been now?
Are they the richest rugby club in the world yet or was that more bullshit?
you do like to fish for a reaction don't you and in fairness quite a lot on here bite
absolutely but they obviously believe they can turn it around, the one off payment will keep them going for a bit just like your player sales keep you afloat.Let’s ignore the fact they have accumulated £50 million of debt to achieve massive losses every year which are colossal when they take out the one off sponsor payment
Even the sensible ones on drunken drivel admit the business is a basket case
i try to answer all points in a reasonable way so if you point out any I've missed i will be happy to reply to them for youYou don't like to reply to the points made....
absolutely but they obviously believe they can turn it around, the one off payment will keep them going for a bit just like your player sales keep you afloat.
Stupid quotes made by people living in a dream word that should know better a bit like Tim Fisher claiming in 2014 that your new stadium would be ready by 2017 (stand to be corrected on the dates)Again, they also believed they would be the richest club in the world within 2 years....
absolutely but they obviously believe they can turn it around, the one off payment will keep them going for a bit just like your player sales keep you afloat.
Stupid quotes made by people living in a dream word that should know better a bit like Tim Fisher claiming in 2014 that your new stadium would be ready by 2017 (stand to be corrected on the dates)
Restriction is it is to be used for infrastructure not player recruitment or wages, just means that money set aside for the infrastructure has now been freed up to be used for other things like player recruitment and wages, how do you think half the teams in the league that in previous seasons haven't been able spend up to the salary cap have been able to recruit so heavily for this season.The one off payment has restrictions on usage so it’s nowhere near the same comparison
Restriction is it is to be used for infrastructure not player recruitment or wages, just means that money set aside for the infrastructure has now been freed up to be used for other things like player recruitment and wages, how do you think half the teams in the league that in previous seasons haven't been able spend up to the salary cap have been able to recruit so heavily for this season.
like all clubs some supporters do some don't, if you can show me any of my posts that show I "swallow every last drop of it all" i will eat a large slice of humble pie,Difference is you and the other Wasps fans seem to swallow every last drop of it all.
like all clubs some supporters do some don't, if you can show me any of my posts that show I "swallow every last drop of it all" i will eat a large slice of humble pie,
The money isn't paid back each club receives less from the PRL each season as a percentage of revenue now goes to CVC the theory is CVC help make the premiership more profitable and increase its value so that the smaller percentage the clubs get is coming from a more valuable pot and the monetary value is actually highernot really as they don’t have the money anyway in the first place to set aside. Also a significant amount has to be paid back - up to 20% of turnover a season. If that’s total group turnover wasps could end up paying more back than have have received for rugby related revenue
if wasps hadn't moved and carried one in their present form they would have eventually gone bustRead up about how they "had to move or die".
Restriction is it is to be used for infrastructure not player recruitment or wages, just means that money set aside for the infrastructure has now been freed up to be used for other things like player recruitment and wages, how do you think half the teams in the league that in previous seasons haven't been able spend up to the salary cap have been able to recruit so heavily for this season.
if wasps hadn't moved and carried one in their present form they would have eventually gone bust
The money isn't paid back each club receives less from the PRL each season as a percentage of revenue now goes to CVC the theory is CVC help make the premiership more profitable and increase its value so that the smaller percentage the clubs get is coming from a more valuable pot and the monetary value is actually higher
The money isn't paid back each club receives less from the PRL each season as a percentage of revenue now goes to CVC the theory is CVC help make the premiership more profitable and increase its value so that the smaller percentage the clubs get is coming from a more valuable pot and the monetary value is actually higher
if wasps hadn't moved and carried one in their present form they would have eventually gone bust
Infrastructure? Hate to break the news to you but all the CVC money Wasps received went on covering the losses in 2018.
.Hi P&C, fascinating reading, one question from me. Do you think it's realistic that the Wasps end up playing at Alexander Stadium once the commonwealth games are done?
I don’t because the legacy stuff has largely already been planned afaik. Birchfield Harriers are going to be located there (along with various other tenants) and it will become a multi-use community asset.Hi P&C, fascinating reading, one question from me. Do you think it's realistic that the Wasps end up playing at Alexander Stadium once the commonwealth games are done?
I don’t because the legacy stuff has largely already been planned afaik. Birchfield Harriers are going to be located there (along with various other tenants) and it will become a multi-use community asset.
Ha, good point.Like the one at Henley................................................
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?