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Wasps downward spiral... (6 Viewers)

  • Thread starter CCFC54321
  • Start date Oct 20, 2018
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Captain Dart

Well-Known Member
  • Dec 9, 2018
  • #106
Terry Gibson's perm said:
Or preferably don’t go at all
Click to expand...
That is the option I always tick. Works for me.
 
Reactions: Terry Gibson's perm

Otis

Well-Known Member
  • Dec 9, 2018
  • #107
We should all ask for free tickets. Wastes a bit of their admin time and then we just chuck the tickets in the bin when they arrive.
 
Reactions: Terry Gibson's perm

Nick

Administrator
  • Dec 9, 2018
  • #108
Otis said:
We should all ask for free tickets. Wastes a bit of their admin time and then we just chuck the tickets in the bin when they arrive.
Click to expand...

Don't think it is their admin time, it will be the people who are giving them out for them. Schools and sports clubs etc.
 

Otis

Well-Known Member
  • Dec 9, 2018
  • #109
Nick said:
Don't think it is their admin time, it will be the people who are giving them out for them. Schools and sports clubs etc.
Click to expand...
Was thinking in terms of approaching the club direct to ask for them, not ones already being handed out anyway.
 

Nick

Administrator
  • Dec 9, 2018
  • #110
Otis said:
Was thinking in terms of approaching the club direct to ask for them, not ones already being handed out anyway.
Click to expand...

Ah, would they do that do you reckon? It would certainly take the piss out of the people paying.
 

Grendel

Well-Known Member
  • Dec 9, 2018
  • #111
Nick said:
Ah, would they do that do you reckon? It would certainly take the piss out of the people paying.
Click to expand...

No they wouldn’t
 

Otis

Well-Known Member
  • Dec 9, 2018
  • #112
Grendel said:
No they wouldn’t
Click to expand...
Was just thinking if you said you represented a local club of some sort, such as my daughter's drama club for instance.
 

Nick

Administrator
  • Dec 9, 2018
  • #113
Otis said:
Was just thinking if you said you represented a local club of some sort, such as my daughter's drama club for instance.
Click to expand...

The only thing with that is that it brings your daughter and her group into it. Same as if I was to get them through mine and just bin them. They will then ask her what she thought of the game...
 

Terry Gibson's perm

Well-Known Member
  • Dec 9, 2018
  • #114
Nick said:
The only thing with that is that it brings your daughter and her group into it. Same as if I was to get them through mine and just bin them. They will then ask her what she thought of the game...
Click to expand...


Say it was something you could get used to with more free tickets
 
Reactions: Earlsdon_Skyblue1 and Nick

Otis

Well-Known Member
  • Dec 9, 2018
  • #115
Nick said:
The only thing with that is that it brings your daughter and her group into it. Same as if I was to get them through mine and just bin them. They will then ask her what she thought of the game...
Click to expand...
I did say 'such as'.
 

Nick

Administrator
  • Dec 9, 2018
  • #116
Otis said:
I did say 'such as'.
Click to expand...

Just say there's a group of overweight blokes who piss into each others pints, wank onto biscuits every week and love a kangaroo court and they will be all over it.
 

Otis

Well-Known Member
  • Dec 9, 2018
  • #117
Now a Brexit question (gulp).

With the general consensus being that we will initially be worse off if and when we leave, just wondering how any exit from Europe would affect the likes of Wasps etc. (Please no political debate here)

Obviously going to impinge upon so many people and businesses at first and with the fact that some of Wasps ticket prices are quite ridiculously high, I wonder if they will suffer more, or is that just wishful thinking?
 

Sky Blue Harry H

Well-Known Member
  • Dec 9, 2018
  • #118
Out of curiosity - how many turned up at The Ricoh yesterday? (I was at Walsall, before anybody thinks I am interested in W*sps in a positive way!)

Sorry just read back through the thread. Some of their big names are buggering off next year (something to do with salary caps - it's all heading south for them - wish they'd take the hint), Stars leaving, crowds down, less success, less income. Vicious circle. Real shame (not)
 
Last edited: Dec 9, 2018

Otis

Well-Known Member
  • Dec 9, 2018
  • #119
Sky Blue Harry H said:
Out of curiosity - how many turned up at The Ricoh yesterday? (I was at Walsall, before anybody thinks I am interested in W*sps in a positive way!)

Sorry just read back through the thread. Some of their big names are buggering off next year (something to do with salary caps - it's all heading south for them - wish they'd take the hint), Stars leaving, crowds down, less success, less income. Vicious circle. Real shame (not)
Click to expand...
I'm gutted for them.

 

Covstu

Well-Known Member
  • Dec 9, 2018
  • #120
Otis said:
Now a Brexit question (gulp).

With the general consensus being that we will initially be worse off if and when we leave, just wondering how any exit from Europe would affect the likes of Wasps etc. (Please no political debate here)

Obviously going to impinge upon so many people and businesses at first and with the fact that some of Wasps ticket prices are quite ridiculously high, I wonder if they will suffer more, or is that just wishful thinking?
Click to expand...
I suppose it’s the same question for a lot of sports teams isn’t it? Would be interested to know how it affects hedge funds in general
 

Otis

Well-Known Member
  • Dec 9, 2018
  • #121
Covstu said:
I suppose it’s the same question for a lot of sports teams isn’t it? Would be interested to know how it affects hedge funds in general
Click to expand...
Yeah, was just thinking of the insects because Wasps prices seem very high at the top end. Surely they will just have to sell cheaper tickets instead, which will hit them in the pocket.
 
Reactions: Covstu

Grendel

Well-Known Member
  • Dec 9, 2018
  • #122
O
Otis said:
Yeah, was just thinking of the insects because Wasps prices seem very high at the top end. Surely they will just have to sell cheaper tickets instead, which will hit them in the pocket.
Click to expand...

It will make no difference
 

Terry Gibson's perm

Well-Known Member
  • Dec 9, 2018
  • #123
I would say it wouldn’t effect them because anybody with any sense is getting in for nothing, also in my mind rugger buggers are posher than us so should have more expendable income.
 

I_Saw_Shaw_Score

Well-Known Member
  • Dec 9, 2018
  • #124
Terry Gibson's perm said:
I would say it wouldn’t effect them because anybody with any sense is getting in for nothing, also in my mind rugger buggers are posher than us so should have more expendable income.
Click to expand...

You need to get down the BPA then, we’re like the great unwashed down there!
 
Reactions: Kneeza, duffer, Covstu and 1 other person

Terry Gibson's perm

Well-Known Member
  • Dec 9, 2018
  • #125
I_Saw_Shaw_Score said:
You need to get down the BPA then, we’re like the great unwashed down there!
Click to expand...

Might be different with these Johnny come latelys.
 

chiefdave

Well-Known Member
  • Dec 9, 2018
  • #126
Otis said:
Yeah, was just thinking of the insects because Wasps prices seem very high at the top end. Surely they will just have to sell cheaper tickets instead, which will hit them in the pocket.
Click to expand...
When do they have to refinance the bond? Lot of unknowns with Brexit but its not impossible that it could become harder and more expensive to raise the finance.
 

Kneeza

Well-Known Member
  • Dec 10, 2018
  • #127
I_Saw_Shaw_Score said:
You need to get down the BPA then, we’re like the great unwashed down there!
Click to expand...
Speak fer yersen.
I had clean socks on on Saturday.
 
C

CCFC88

Well-Known Member
  • Dec 12, 2018
  • #128
Just reading about a private equity firm buying into the Premiership so the 13 clubs will get 18m for 33% when that goes through in the next couple of months, if they have any sense they will ring fence that and use it to pay off part of the bonds. This also however means that they've effectively sold away 33% of their future revenues. The PE firm needs to help them increase their revenues by 33% to see them even, probably bought them and many more premiership rugby clubs a bit more time but doesn't bode well in the long term barring interest in club rugby increasing.
 

Terry Gibson's perm

Well-Known Member
  • Dec 12, 2018
  • #129
CCFC88 said:
Just reading about a private equity firm buying into the Premiership so the 13 clubs will get 18m for 33% when that goes through in the next couple of months, if they have any sense they will ring fence that and use it to pay off part of the bonds. This also however means that they've effectively sold away 33% of their future revenues. The PE firm needs to help them increase their revenues by 33% to see them even, probably bought them and many more premiership rugby clubs a bit more time but doesn't bode well in the long term barring interest in club rugby increasing.
Click to expand...


More likely that The owner will clear some of the money owed to him like last time they had a windfall
 

Captain Dart

Well-Known Member
  • Dec 12, 2018
  • #130
CCFC88 said:
Just reading about a private equity firm buying into the Premiership so the 13 clubs will get 18m for 33% when that goes through in the next couple of months, if they have any sense they will ring fence that and use it to pay off part of the bonds. This also however means that they've effectively sold away 33% of their future revenues. The PE firm needs to help them increase their revenues by 33% to see them even, probably bought them and many more premiership rugby clubs a bit more time but doesn't bode well in the long term barring interest in club rugby increasing.
Click to expand...

I think there is little doubt if that deal had not gone through Wasps would have been f****d in 2022.
Now I think they will do a short term bridging loan to cover the payback while they refinance with another bond, ad infinitum.
 

fernandopartridge

Well-Known Member
  • Dec 12, 2018
  • #131
CCFC88 said:
Just reading about a private equity firm buying into the Premiership so the 13 clubs will get 18m for 33% when that goes through in the next couple of months, if they have any sense they will ring fence that and use it to pay off part of the bonds. This also however means that they've effectively sold away 33% of their future revenues. The PE firm needs to help them increase their revenues by 33% to see them even, probably bought them and many more premiership rugby clubs a bit more time but doesn't bode well in the long term barring interest in club rugby increasing.
Click to expand...

It will pay off about half of the bond amount. It will cause them problems though as it will remove a couple of million quid a year of central income (and income that doesn't cost them much in many respects).
 

Captain Dart

Well-Known Member
  • Dec 12, 2018
  • #132
fernandopartridge said:
It will pay off about half of the bond amount. It will cause them problems though as it will remove a couple of million quid a year of central income (and income that doesn't cost them much in many respects).
Click to expand...

Probably. But that's better for them than folding.
 

pusbccfc

Well-Known Member
  • Dec 13, 2018
  • #133
Wasps are close to a sell out for their 'Christmas game'.
 

I_Saw_Shaw_Score

Well-Known Member
  • Dec 13, 2018
  • #134
pusbccfc said:
Wasps are close to a sell out for their 'Christmas game'.
Click to expand...

Bath must be bringing a big following!

To be honest I remember on my social media last year a fair few I know that don’t attend any sport (most living outside of Cov and back for Xmas) went to the equivalent game, shame.
 
B

Brighton Sky Blue

Well-Known Member
  • Dec 14, 2018
  • #135
pusbccfc said:
Wasps are close to a sell out for their 'Christmas game'.
Click to expand...

Free entry if anyone can name a player
 
Reactions: duffer

lordsummerisle

Well-Known Member
  • Dec 14, 2018
  • #136
Brighton Sky Blue said:
Free entry if anyone can name a player
Click to expand...

Be fucking empty then!
 
Reactions: Terry Gibson's perm and Brighton Sky Blue

Terry Gibson's perm

Well-Known Member
  • Dec 15, 2018
  • #137
Brighton Sky Blue said:
Free entry if anyone can name a player
Click to expand...

Bill Beaumont does he still play
 
Reactions: Captain Dart and duffer

I_Saw_Shaw_Score

Well-Known Member
  • Dec 16, 2018
  • #138
Out of the European cup with 2 group games still to play.....
 
Reactions: covcity4life, stupot07 and Kneeza

Terry Gibson's perm

Well-Known Member
  • Dec 16, 2018
  • #139
I_Saw_Shaw_Score said:
Out of the European cup with 2 group games still to play.....
Click to expand...

Free ticket everywhere then as the glory supporters won’t attend to watch a losing team
 

I_Saw_Shaw_Score

Well-Known Member
  • Dec 16, 2018
  • #140
Terry Gibson's perm said:
Free ticket everywhere then as the glory supporters won’t attend to watch a losing team
Click to expand...

Well they’re fortunate they play Leinster last, European champs, majority of the Ireland side and we’ll supporter over here, should get 20k+ with the majority being Leinster
 
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