See how this turns out, I thought it would be a really bad thing them missing out on the Champions Cup, but they'll be in the Europa League against a lower quality of side and will probably do quite well in it , they'll be able to market any latter stage as European Quarter, European Semi which will get the simpletons that have latched on in the last 3 years excited.
If they'd made the Champions Cup they'd definitely have been dumped out at the group stages.
Not sure how it will leave them in terms of players not joining them due to wanting to play in the Champions cup etc, and I would assume they'll receive less cash for competing in the lower level. Ridiculous that simply staying up gets you into European competition.
But in the Champions Cup, even if they did get eliminated early on, they got to host some of the biggest teams around and were some of their highest attended games. The early stages this time around will most likely result in them making a loss on home games. The best players will definitely be put off without playing in the top competition, I read a piece about Gloucester being desperate to get in so they can attract better players. I don't think it's too much of a problem to London Wasps as they've already said that they're going to be promoting youth players next year.See how this turns out, I thought it would be a really bad thing them missing out on the Champions Cup, but they'll be in the Europa League against a lower quality of side and will probably do quite well in it , they'll be able to market any latter stage as European Quarter, European Semi which will get the simpletons that have latched on in the last 3 years excited.
If they'd made the Champions Cup they'd definitely have been dumped out at the group stages.
Not sure how it will leave them in terms of players not joining them due to wanting to play in the Champions cup etc, and I would assume they'll receive less cash for competing in the lower level. Ridiculous that simply staying up gets you into European competition.
But in the Champions Cup, even if they did get eliminated early on, they got to host some of the biggest teams around and were some of their highest attended games. The early stages this time around will most likely result in them making a loss on home games. The best players will definitely be put off without playing in the top competition, I read a piece about Gloucester being desperate to get in so they can attract better players. I don't think it's too much of a problem to London Wasps as they've already said that they're going to be promoting youth players next year.
I've learned way more than I ever wanted to about Rugby due to hoping the franchise fail.
They've lost a lot of their best players, i wouldn't judge them on past performance. It's no foregone conclusion they'll progress in EuropeSee how this turns out, I thought it would be a really bad thing them missing out on the Champions Cup, but they'll be in the Europa League against a lower quality of side and will probably do quite well in it , they'll be able to market any latter stage as European Quarter, European Semi which will get the simpletons that have latched on in the last 3 years excited.
If they'd made the Champions Cup they'd definitely have been dumped out at the group stages.
Not sure how it will leave them in terms of players not joining them due to wanting to play in the Champions cup etc, and I would assume they'll receive less cash for competing in the lower level. Ridiculous that simply staying up gets you into European competition.
Telegraph got an article saying wasps not qualifying for Europe might be a blessing in disguise, There is nothing that can happen to that rugby club that the telegraph won't try and put a positive spin on.
Telegraph got an article saying wasps not qualifying for Europe might be a blessing in disguise, There is nothing that can happen to that rugby club that the telegraph won't try and put a positive spin on.
One particular rugby 'writer' though innit? (Who should've stuck to his wedding photography imo).Telegraph got an article saying wasps not qualifying for Europe might be a blessing in disguise, There is nothing that can happen to that rugby club that the telegraph won't try and put a positive spin on.
That’s what I was told today. I’ve not looked into it further or know when or why auditors are doing/were doing anything to do with wasps but it’s linked to the recent news that they are being ‘investigated’ by whom I don’t know.What, the new ones?
The investigation is about the last time they were found out so not sure why that would cause the new auditors to quit.it’s linked to the recent news that they are being ‘investigated’ by whom I don’t know.
Appears to be PWC's issue but it would be great if its a massive cover up!!!
Appears to be PWC's issue but it would be great if its a massive cover up!!!
It's Wasps issue isn't it? PWC resigned because of it.
Ricoh must be valued at about £1bn by now the rate it keeps going up.Aren’t wasps due to release some figures this month for their bond commitments?
Bond price is having a jitter again.
Probably a pr gobshiteLol check out the naivety of Chuck
Individual corporate bonds - MoneySavingExpert.com Forums
Ricoh worth £113m cos that's what it cost to build
No expert here but you can't but help to wonder if the drop over the last two weeks has any correlation with other stuff going on.
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What happened on the 15th of April for a 6 point drop ?
In essence, someone keen to sell, and not many people looking to buy.
The drop in price is potential buyers factoring in the risk of the bond not being repaid at the end of the term, against the interest payment (5-ish percent p.a, iirc), and the chance of the bond price rising at a later date.
From a cold, hard financial point of view buying the bond looks like a bit of a gamble to me. I still don't see how the valuation of the security stacks up if Wasps can't refinance the bond and/or go bust before or after the due date. I think that and the underlying financials at Wasps are why the price is heading south. All imho this, I should add...
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