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Wasps downward spiral... (5 Viewers)

  • Thread starter CCFC54321
  • Start date Oct 20, 2018
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chiefdave

Well-Known Member
  • Aug 26, 2020
  • #2,066
Wasps are doing a really great job of investing in training facilities, management, players, the brand and navigating the crisis. I think they are doing a superb job. The arena is located in a very prosperous part of the UK.
Click to expand...
This is all pure fantasy.
 

duffer

Well-Known Member
  • Aug 26, 2020
  • #2,067
chiefdave said:
This is all pure fantasy.
Click to expand...

In fairness Rowley’s Green is a lot like Monaco. If Wasps could persuade the Council to widen the canal to take super yachts then it’d be right up there...
 
Reactions: Kneeza
T

Travs

Well-Known Member
  • Aug 26, 2020
  • #2,068
They seem to be getting results on the pitch though... two crunch matches coming up against the teams immediately below them, which look like they will either see them secure in the top 4 (Europe?), or mid-table obscurity...
 
O

oldfiver

Well-Known Member
  • Aug 26, 2020
  • #2,069
Travs said:
They seem to be getting results on the pitch though... two crunch matches coming up against the teams immediately below them, which look like they will either see them secure in the top 4 (Europe?), or mid-table obscurity...
Click to expand...

They lost last night though
It is going to be an odd season as teams rotate their squads to give them both rest and game time
 
Reactions: shepardo01

shepardo01

Well-Known Member
  • Aug 26, 2020
  • #2,070
oldfiver said:
They lost last night though
It is going to be an odd season as teams rotate their squads to give them both rest and game time
Click to expand...
Worryingly, up until last night they have been flying and I think, were the form team of the Premiership.
Hope that the defeat signifies the proverbial wheels falling off.
Have no idea of their squad depth in comparison to others.
 

Gynnsthetonic

Well-Known Member
  • Aug 26, 2020
  • #2,071
oldfiver said:
From the Bond's Board

aringadingding
: I have checked out the prospectus and there is nothing in there that bothers me greatly. CC2014 some background reading re trustee processes here: hxxps://www.icmagroup.org/assets/documents/About-ICMA/APAC/ICMA-NAFMII-WG-International-Practices-of-Bond-Trustee-Arrangements-031218.pdf The £5m is mostly government grant to get Britain building and not income, agreed, but obviously will add to the stadium value. There is a whole load of detail we could go into if we wanted to but at this stage the dynamic, I think, is that the football club wants to play there but they don't want to pay a lot for that, and probably hope that if the club goes bust they can pick up the stadium cheaply (the low public market valuation helps them think this might happen). Wasps are doing a really great job of investing in training facilities, management, players, the brand and navigating the crisis. I think they are doing a superb job. The arena is located in a very prosperous part of the UK. Rugby as a sport is growing in value as evidenced by private equity investment. Wasps just need to see out this awkward few years when they have got involved in retail security markets, then ideally bring the football club back to the table, but otherwise just keep growing the business and think long term. I think they can do it but as stated above I am a holder
Click to expand...
Utter Bullshit!
 

Kneeza

Well-Known Member
  • Aug 27, 2020
  • #2,072
oldfiver said:
I thought this really funny !
Click to expand...
Bloody hilarious.
The bit about being in a very prosperous part of the country beggars belief too.
Just desperate.
 
Reactions: duffer

stupot07

Well-Known Member
  • Aug 28, 2020
  • #2,073
.

Sent from my SM-G965F using Tapatalk
 
Reactions: Otis, covcity4life, Earlsdon_Skyblue1 and 9 others

duffer

Well-Known Member
  • Aug 28, 2020
  • #2,074
stupot07 said:
.

Sent from my SM-G965F using Tapatalk
Click to expand...

Bigger crowd than usual too, at least twice the number of paying punters than normally attend.
 
Reactions: Skyblueweeman and stupot07

fernandopartridge

Well-Known Member
  • Aug 28, 2020
  • #2,075
duffer said:
Bigger crowd than usual too, at least twice the number of paying punters than normally attend.
Click to expand...
The official gate was a modest 16,543 according to their twitter account
 
Reactions: covcity4life, duffer, skyblueinBaku and 5 others

chiefdave

Well-Known Member
  • Sep 4, 2020
  • #2,076
 
Reactions: covcity4life and Covstu

Nick

Administrator
  • Sep 4, 2020
  • #2,077
chiefdave said:
Click to expand...

They don't make it easy for people to understand what they are on about and get on side, do they?

It's all cryptic.
 

chiefdave

Well-Known Member
  • Sep 4, 2020
  • #2,078
Nick said:
They don't make it easy for people to understand what they are on about and get on side, do they?

It's all cryptic.
Click to expand...
Its this he's referring to which is basically a lawyers letter on behalf of Wasps saying the council should ignore all of the issues raised by Sport England and claiming again the centre is unviable despite the fact there's a community group prepared to take over and retain community use.
 

Attachments

  • 973beb45-1148-cd9c-39e6-08d84042d292.pdf
    961.6 KB · Views: 32

Terry Gibson's perm

Well-Known Member
  • Sep 4, 2020
  • #2,079
They are total hypocrites always telling sisu to stop playing lawyers and then as soon as they don’t get what they want get in the lawyers.
 
Reactions: duffer

MusicDating

Euro 2016 Prediction League Champion!!
  • Sep 4, 2020
  • #2,080
So this is offshore based company instructing lawyers to take down a local charity?

If only there was a helpful PR company reporting this...
 
Reactions: covcity4life, lordy_87, Covstu and 4 others
D

djbooth

Well-Known Member
  • Sep 4, 2020
  • #2,081
Has anyone called talk sport?? I’m sure mr Durham would love that
 

fernandopartridge

Well-Known Member
  • Sep 4, 2020
  • #2,082
That is such a poor letter from Wasps' lawyers, no attempt at all to address concerns raised by Sport England. No actual evidence provided for the benefit of a rugby union team moving in (what are they?) it's a private facility so it is irrelevant.
 

Nick

Administrator
  • Sep 4, 2020
  • #2,083
Have the Telegraph mentioned it yet?
 
Reactions: shepardo01

Liquid Gold

Well-Known Member
  • Sep 4, 2020
  • #2,084
Has anyone spoken to Richard Keys
 

Kneeza

Well-Known Member
  • Sep 8, 2020
  • #2,085
Can't imagine why they thought I'd be interested in this.
Have placed an intial order of 100 units.
 
Reactions: covcity4life and duffer

shepardo01

Well-Known Member
  • Sep 13, 2020
  • #2,086
What's going on, they are hammering everyone left right and centre - absolutely flying!!......
 

ccfcway

Well-Known Member
  • Sep 13, 2020
  • #2,087
watched today they were awsome
 
Reactions: slyblue57

pipkin73

Well-Known Member
  • Sep 14, 2020
  • #2,088
ccfcway said:
watched today they were awsome
Click to expand...
I know, what the fuck is going on. They lost key players and the kids kicked in (last i heard) but suddenly they are second and winning by bonus points. What the hell!! please someone tell me how to help kill these insect c··ts at bay.
 
Reactions: covcity4life
B

Brighton Sky Blue

Well-Known Member
  • Sep 14, 2020
  • #2,089
pipkin73 said:
I know, what the fuck is going on. They lost key players and the kids kicked in (last i heard) but suddenly they are second and winning by bonus points. What the hell!! please someone tell me how to help kill these insect c··ts at bay.
Click to expand...

Agent Dai was prematurely removed from his post-he needs to be smuggled back in
 
Reactions: pipkin73 and wingy

Terry Gibson's perm

Well-Known Member
  • Sep 14, 2020
  • #2,090
At least they can’t have any of their idiot fans watching in the ground.
 
Reactions: slyblue57

Kneeza

Well-Known Member
  • Sep 14, 2020
  • #2,091
shepardo01 said:
What's going on, they are hammering everyone left right and centre - absolutely flying!!......
Click to expand...
They are up against extremely demotivated sides like Leicester (nothing to play for apart from treating it as a pre-season shakedown) and sides like Bristol who are putting out very much second/development teams.
On Saturday, they were a bonus point up in the first quarter against Bris, yet still managed to concede four tries when Bris eventually settled.
I wouldn't read too much into it, and I wouldn't be at all surprised if they don't get past the first play-off stage.
 
Reactions: duffer

Kneeza

Well-Known Member
  • Sep 14, 2020
  • #2,092
Might even have been five tries? Can't recall for sure.
 

jordan210

Well-Known Member
  • Sep 14, 2020
  • #2,093
I was having a read of the planning apps for both hotels

wasps ones has no objections

http://planning.coventry.gov.uk/portal/servlets/AttachmentShowServlet?ImageName=1551195


other one quite a few

http://planning.coventry.gov.uk/portal/servlets/AttachmentShowServlet?ImageName=1541529
 

fernandopartridge

Well-Known Member
  • Sep 14, 2020
  • #2,094
jordan210 said:
I was having a read of the planning apps for both hotels

wasps ones has no objections

http://planning.coventry.gov.uk/portal/servlets/AttachmentShowServlet?ImageName=1551195


other one quite a few

http://planning.coventry.gov.uk/portal/servlets/AttachmentShowServlet?ImageName=1541529
Click to expand...
Probably all fictitious people
 

Sky Blue Harry H

Well-Known Member
  • Sep 14, 2020
  • #2,095
Hopefully the Wasps players are all collecting win bonuses and draining the bank balance. As for the youngsters playing well, they will be after improved contracts. Everything comes to he who waits.
 
Reactions: covcity4life, duffer and SkyBlueCharlie9

jordan210

Well-Known Member
  • Sep 22, 2020
  • #2,096
Interesting read

Playing to empty stadiums places premiership rugby under threat

Head of England’s top league says clubs will go bust unless restrictions are eased
www.ft.com


graph looks grim for one club in particular

 
Reactions: SkyBlueOz, Sick Boy and duffer

Sky Blue Harry H

Well-Known Member
  • Sep 22, 2020
  • #2,097
Ticket Refunds
Discussion started by Garym , 15 September, 2020 09:29
Ticket Refunds
Garym 15 September, 2020 09:29
Anybody know when Wasps are going to move on this? I have had refunds from Exeter and Worcester but nothing from Wasps since they acknowledged my choice on 31/7



Cashflow issues?
 
D

djbooth

Well-Known Member
  • Sep 23, 2020
  • #2,098
Sky Blue Harry H said:
Ticket Refunds
Discussion started by Garym , 15 September, 2020 09:29
Ticket Refunds
Garym 15 September, 2020 09:29
Anybody know when Wasps are going to move on this? I have had refunds from Exeter and Worcester but nothing from Wasps since they acknowledged my choice on 31/7



Cashflow issues?
Click to expand...
I won’t say cash flow. I would like to know how you get a refund on a free ticket....
 
Reactions: skybluejelly, Kneeza, wingy and 2 others

Peter Billing

Well-Known Member
  • Sep 23, 2020
  • #2,099
jordan210 said:
Interesting read

Playing to empty stadiums places premiership rugby under threat

Head of England’s top league says clubs will go bust unless restrictions are eased
www.ft.com


graph looks grim for one club in particular
Click to expand...

Interesting to see Exeter Chiefs chairman Tony Rowe is quoting monthly losses for Exeter of £1m since lockdown. Amazing to think that's almost the same as Wasps monthly losses before lockdown.
 

chiefdave

Well-Known Member
  • Sep 23, 2020
  • #2,100
Peter Billing said:
Interesting to see Exeter Chiefs chairman Tony Rowe is quoting monthly losses for Exeter of £1m since lockdown. Amazing to think that's almost the same as Wasps monthly losses before lockdown.
Click to expand...
If you take that at face value and assume crowds aren't returning anytime soon that would put Wasps on course for losses of something approaching £15-20m before you even consider the additional impact of the exhibition side of things.

And its now less than 20 months until they have to repay or refinance the bond.

Even the most optimistic Wasps fan must have serious concerns.
 
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